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Cryptocurrency News Articles
The US jobs report for March smashed expectations, showing 228,000 new jobs added
Apr 04, 2025 at 10:15 pm
The US jobs report for March smashed expectations, showing 228000 new jobs added—far exceeding the 140000 forecast by analysts and outpacing February's 117000.
The US jobs report for March smashed expectations on Friday, showing 228,000 new jobs added—far exceeding the 140,000 forecast by analysts and outpacing February’s 117,000.
Meanwhile, the latest jobs report also showed that unemployment inched up from 4.1% to 4.2%, according to the US Bureau of Labor Statistics’ Employment Situation Summary.
Health care, transportation and warehousing were among the sectors that added the most jobs in March.
However, federal hiring declined during the same period, partly due to Elon Musk and the Department of Government Efficiecny’s (D.O.G.E.) sweeping job cuts in an effort to reduce government spending.
A report by the jobs and career consultancy Challenger, Gray and Christmas shows that Musk and D.O.G.E. were responsible for about 216,000 reductions in March.
While there has been some good news from the US labor market, analysts warn of turbulent times ahead after US President Donald Trump slapped brutal trade tariffs on most of the world.
Best Crypto To Buy Now As Labor Market Enters Uncertain Times After Trump Tariffs
As the market heads for uncharted territory and the risk of recession, high potential presale tokens that are not yet susceptible to broader market swings are often a good way to preserve portfolios during turbulent times, while also retaining strong upside potential.
Here are three standout presale to consider:
Solaxy (SOLX)
Solaxy is a layer-2 scaling project that aims to tackle Solana’s high congestion levels. In recent months, the hype around SOL-based meme coins has soared.
This has resulted in a tsunami of new tokens from developers looking to profit from the hype. Even the US President launched his own token on the popular layer-1 network.
If something does not change soon, Solana risks suffering yet another outage. Solaxy aims to prevent this from happening.
To protect Solana from future downtime, the project bundles transactions off of the layer-1 mainnet. It then submits the transactions to the Solana blockchain for final validation.
Solaxy’s approach is similar to the one employed by Arbitrum and Optimism in the Ethereum ecosystem, and has been proven as a successful way to improve overall efficiency on a layer-1 blockchain.
According to 99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, SOLX might soar 10X after launch.
Solaxy’s presale has gone parabolic, raising more than $29.1 million in early-stage funding.
BTC Bull Token (BTCBULL)
With the macroeconomic uncertainty in the market following the Trump tariffs, investors are turning to gold and Bitcoin to preserve their portfolios. This has pushed the price of gold to record highs at around $3,100, while Bitcoin trades at $82,734 as of 7:38 a.m. ET.
BitMEX co-founder Arthur Hayes says that Donald Trump’s tariffs are good for Bitcoin (BTC) because the government will offset the economic pain they cause by printing money.
That will put downward pressure on the dollar, risk higher inflation and thus enhance Bitcoin’s status as a store of value and as an investment that can’t be manipulated by government policy.
Enter, the new meme coin BTC Bull Token, which is great way to accumulate Bitcoin that can protect against macroeconomic uncertainty.
What sets the project apart from other meme coins is that it gives its investors free Bitcoin.
BTC Bull Token is confident that Bitcoin will rise all the way to $1 million per coin, and has set up specific price milestones that will trigger the BTC airdrops. According to the project’s website, the next airdrop will be when Bitcoin hits $150K for the first time. Thereafter, every $50K increase in the market leader’s price will result in airdrops.
In addition to the airdrops, the project will also execute multiple BTCBULL token burns with every $25K increase in BTC’s price, starting at $125K.
Investors are flocking to the project’s presale, which has already raised more than $4.42 million.
The project also offers a huge 95% annual yield on staked tokens.
MIND Of Pepe (MIND)
MIND of Pepe seeks to capitalize on the hype around frog-themed tokens, especially cryptos inspired by Pepe the Frog. To maximize its chances of success, the project’s team has developed a cutting-edge AI agent that can analyze chatter on social platforms like X to try and spot developing trends in the crypto space.
Once the computer model has identified a new trend that could lead to a profitable trade opportunity, it shares its insights with MIND token holders through token-gated groups. This gives the
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- Bitcoin (BTC) Price Drops as Funding Rates Turn Negative, But Experts See Potential for Recovery Due to Corporate Buyouts and Long-Term Holder Accumulation
- Apr 05, 2025 at 10:10 pm
- Bitcoin's price has recently declined, but experts see potential for recovery due to corporate buying and long-term holder accumulation.
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