U.S. jobs market growth slowed considerably not just last month, but in May and June as well, likely giving more fuel to those calling for Federal Reserve rate cuts. Nonfarm payrolls rose 73,000 in July, according to a Friday morning report from the Bureau of Labor Statistics. That’s up from 14,000 in June, but that … Read more
Bitcoin (BTC) mining profitability increased 5.3% in June, buoyed by a 1.2% increase in the cryptocurrency's price and a 6.7% drop in the network hashrate, according to a report by investment bank Jefferies. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a … Read more
The number of vendors and businesses accepting payments through Bitcoin spiked by a whopping 174 percent last year. The most expensive cryptocurrency in existence, Bitcoin went through a notable slump in 2023 after several market shaking incidents like the collapse of FTX and Terra left investors high and dry. For most of the year, Bitcoin … Read more
iPhone 16 Pro could come in a new ‘Rose’ colourway, which might replace a variant in Apple’s existing lineup of finishes, according to a recent claim on social media. The handset, part of the iPhone 16 series, is expected to launch later this year at an event likely to be held in September. Recent reports … Read more
The global crypto sector has seen an increase in adoption this year, according to a report by crypto exchange Binance. The firm claims that the overall capitalisation of the crypto sector rose by 44 percent or $720 billion (roughly Rs. 60,45,112 crore) in the first half of 2024. The launch of crypto ETFs earlier this … Read more
The premium smartphone market in India grew 36 percent year-on-year in 2024, according to a report by CyberMedia Research (CMR). Samsung was the top premium smartphone brand last year, while Apple was one of five top smartphone brands in the country, as the company’s share soared by 72 percent in Q4 2024. On the other … Read more