Recent Unemployment Numbers Might Not Mean Anything for Bitcoin

More than two million Americans requested unemployment compensation for the first time last week, which may or may not affect Bitcoin.  Recording its seventh consecutive week of decline, last week hosted 2.44 million new unemployment claims, CNBC said in a May 21 brief. These numbers, however, fall within range of economist expectations. Within the timeframe surrounding coronavirus, Americans have posted 38.6 million jobless claims to date, CNBC said.  Pompliano expresses reopening need Morgan Creek Digital co-founder and partner expressed a push of sentiment favoring a national reopening after weeks of…

New Partnership Adds Crypto Payment Routes on Shopify

A partnership with crypto payment processor CoinPayments means bolstered digital asset payment compatibility for Canadian e-commerce giant Shopify.  “Shopify is a natural fit for us,” CoinPayments CEO Jason Butcher told Cointelegraph via email, adding: As they look to bring new features to their merchant base and CoinPayments works to drive cryptocurrency adoption globally, it makes sense to create an integration that enables easy, secure, and cost-effective transactions.” Shopify sellers can accepts thousands of assets Shopify sellers can now harness CoinPayments’ digital asset payment processing platform, paving the way for sellers to accept…