Author: Muhammad Demir
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BTC Breaks $43,000 Barrier and Targets $50,000 Milestone
After a week of positive news, Bitcoin (BTC) has bounced back to $43,000 and is aiming for the $50,000 mark as analysts expect more gains ahead.The rise of BTC comes as U.S. lawmakers question the SEC’s authority over cryptocurrencies, showing Bitcoin’s strength in the face of regulatory uncertainty. Despite a more upbeat outlook, the Fed’s…
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Bitcoin Mining Under Threat from US Government’s Energy Survey
The US Department of Energy (DOE) is taking a closer look at bitcoin mining, creating new bitcoins by solving complex mathematical problems. Some people are worried that the government might use the data it collects to impose harsh regulations on the industry. The DOE says it is only trying to understand the impact of Bitcoin…
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Rise of Old Diseases in the U.S.: Measles, Tuberculosis, and Polio
You may have heard of some alarming news lately: Diseases once rare or eliminated in the U.S. reappear in different parts of the country. Measles, tuberculosis, and polio are among the infections that have been reported in recent weeks, raising concerns about public health and safety. How did this happen? And what can we do…
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US Economy Starts 2024 with Strong Job Growth of 353,000
The US economy showed strength and resilience in the first month of 2024, adding a whopping 353,000 jobs, according to the latest data from the Bureau of Labor Statistics (BLS). According to FactSet, this was much higher than the expected gain of 176,500 jobs. The unemployment rate stayed at 3.7%, the lowest level since 1969.…
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US Banks Face Uncertainty and Opportunity In 2024
On Wednesday, the Federal Reserve changed its tone on the health of the US banking system. For the first time since three banks collapsed last spring, the Fed did not say that the banks were “sound and resilient” in its meeting statement. That same day, many people were questioning the stability of the banks as…
