DeFi is a decentralized financial system that connects investors and borrowers without the need for a central bank. It eliminates the need for a middleman in all types of transactions and assures that the borrowing and lending process is transparent, scalable, and secure. DeFi is rebuilding many old tools from traditional finance inside the digital economy, as well as creating … [Read more...] about Best 6 Polygon DeFi Projects for Crypto Investors
Business Productivity Falls as Output Drops and Hours Worked Jumps
Source: US Bureau of Labor Statistics The US nonfarm business sector opened the year with lower productivity, as output fell while hours worked increased. QQQ is up 0.20%, while SPY is down 0.20%. First-quarter nonfarm business labor productivity fell by 7.3% from the previous quarter and by 0.6% from the same quarter last year.Output posted a quarterly decline of 2.3% … [Read more...] about Business Productivity Falls as Output Drops and Hours Worked Jumps
Nonfarm Private Payroll Growth Slows for Third Straight Month
Source: Always Designing for People The growth of private payrolls slowed in May, marking the third straight month of deceleration. QQQ is up 0.36%, while SPY is flat. Total US nonfarm private employment climbed by 128,000 in May, lower than the 202,000 in April and 811,000 in the same month last year.This is the third straight month of deceleration, after the … [Read more...] about Nonfarm Private Payroll Growth Slows for Third Straight Month
Eurozone, EU Producer Inflation Surge Hit 37%
Source: Eurostat Industrial prices in both the eurozone and the European Union continued to increase in April, as energy prices nearly doubled during the month. EZU is up 1.02%, while VGK is up 0.94%. Industrial prices in the eurozone posted annual inflation of 37.2%, faster than the 36.9% in March.The fastest increase was seen in industrial energy prices, which soared by … [Read more...] about Eurozone, EU Producer Inflation Surge Hit 37%
Dollar-Cost Averaging (DCA) Bot Review: An Unbiased Crypto Bot Analysis
Dollar-Cost Averaging (DCA) Bot trades cryptocurrencies available on the Pionex exchange using the grid strategies. The algorithm can be tweaked to buy respective instruments at certain intervals. There are also other algorithms available on Pionex, such as grid, crypto arbitrage, etc., that traders can use according to their market experience. Let us go through all the … [Read more...] about Dollar-Cost Averaging (DCA) Bot Review: An Unbiased Crypto Bot Analysis
