US Adds 431K Jobs in March, as Unemployment Rate Nears Pre-Pandemic Level

The U.S. economy is still scrambling with a labor shortage as a result of the pandemic, which left 10.9 million jobs vacant at the end of 2021. But the employment situation summary signals a strong recovery from pandemic levels as the labor market continues to add jobs. Just before COVID-19 hit, the unemployment rate stood at 3.5%, only slightly lower than the March rate. Source

Solana-Based GMT Tokens Surge 54%, ZIL Sees $13M in Liquidations

“The growth in GMT is notably a function of the value the StepN application offers, which has to a very large extent continued to intrigue investors,” explained Alexander Mamasidikov, co-founder of digital bank MinePlex, in an email to CoinDesk. “The demand for the GMT token is on the rise as users of the app need to burn these tokens in order to gain access to mint high-quality merchandise like Virtual NFT Sneakers which are used to walk, jog, or run in a bid to earn GST tokens.” Source

Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country – Bitcoin News

A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes for certain assets held outside the country, including cryptocurrencies. Argentinian Law Project to Tax Foreign Properties A new law project presented in the Argentinian senate proposes a way of paying the debt of more than $44…

Community talks about opportunities around the world

Delegates at the Binance Blockchain Week talked about their Web3 stories and the growth of Web3 opportunities within their local communities. The recent conference brought crypto community members from all over the world to share their passions, meet like-minded people, learn from keynote speeches by community leaders, and share their perspectives on the state of Web3.  One of the topics people showed interest in was the growing demand for Web3 talent. As the internet is evolving from Web2 into Web3, reports show that the demand for talent within the Web3…

Citi Sees Metaverse Economy as Large as $13T by 2030

CryptoX – Cryptocurrency Analysis and News Portal The total addressable market (TAM) for the metaverse economy could be between $8 trillion to $13 trillion by 2030, with up to five billion users, but getting to that market level is going to require sizable infrastructure investment, Citi said in a report on Thursday. Original Source The post Citi Sees Metaverse Economy as Large as $13T by 2030 appeared first on CryptoX. CryptoX Portal

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