Decentral Block Post

On April 4, the U.S. dollar index (DXY), which measures the greenback's performance versus the basket of six leading foreign currencies, dropped by 0.5% after demand for workers in the world's largest economy declined.

BTC price eye breakout with dollar at 2-month lows

Bitcoin (BTC) has grown 3.5% since to around $28,800, continuing its extremely negative correlation with the dollar. The BTC/USD pair now eyes a breakout at $30,000, a psychological resistance level, due to hopes that the greenback will weaken further in 2023.

Meanwhile, the February Job Openings and Labor Turnover Survey (JOLTS) showed that the number of official job vacancies dropped below 10 million for the first time since May 2021.

In other words, while two jobs were available for each unemployed person at some point last year, there are now just 1.67.

Interestingly, the implicit federal funds rate for January 2024 declined after the latest JOLTS data, in similar fashion amid March's bank failures.

Reading blockchain books can be an effective way to understand blockchain technology comprehensively. These books can provide insights into the history and principles of blockchain, and how it works in practice. By reading these books, you can gain a deeper appreciation of the potential of blockchain technology and its various use cases across different industries.

Furthermore, these books can help you understand how blockchain can be used to solve real-world problems and transform existing business models. By staying up-to-date with the latest blockchain developments, you can position yourself for success in this emerging field.

Here are five books to learn about blockchain:

“Mastering Blockchain: Distributed Ledger Technology, Decentralization, and Smart Contracts Explained” by Imran Bashir

This book provides an in-depth overview of blockchain technology, its workings and its various applications. It covers both the technical and non-technical aspects of blockchain, making it suitable for readers of all levels. Moreover, it covers the latest trends and developments in the blockchain industry, making it an essential read for anyone interested in the field.

“Blockchain Basics: A Non-Technical Introduction in 25 Steps” by Daniel Drescher

This book provides a simple and easy-to-understand introduction to blockchain for readers who do not have a technical background. It covers the basics of blockchain, including its history, terminology and potential use cases.

Bitcoin (BTC) headed back toward $29,000 into April 5 as data showed whale orders guiding price action.

Analysis: BTC price push still “bear market rally”

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $28,780 on Bitstamp.

The pair continued a rebound from one-week lows under $27,300 at the start of the week courtesy of rumors around the Binance crypto exchange and its CEO, Changpeng “CZ” Zhao.

After reclaiming $28,000, Bitcoin saw fresh momentum as Binance order book data showed large-volume “whale” traders buying.

This was not all as it seemed for bulls, monitoring resource Material Indicators nonetheless warned, as those same traders could be artificially pushing the market higher in order to sell closer to $30,000.

Bitcoin (BTC) headed back toward $29,000 into April 5 as data showed whale orders guiding price action.

Analysis: BTC price push still “bear market rally”

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $28,780 on Bitstamp.

The pair continued a rebound from one-week lows under $27,300 at the start of the week courtesy of rumors around the Binance crypto exchange and its CEO, Changpeng “CZ” Zhao.

After reclaiming $28,000, Bitcoin saw fresh momentum as Binance order book data showed large-volume “whale” traders buying.

This was not all as it seemed for bulls, monitoring resource Material Indicators nonetheless warned, as those same traders could be artificially pushing the market higher in order to sell closer to $30,000.