The number of initial jobless claims in the United States recorded 249,000 in the week to July 27, the highest since the week of August 5, 2023.
Data compiled by Galaxy Research shows that after three consecutive quarters of decline, venture capital investment in cryptocurrency and blockchain startups has seen a significant increase. In Quarter 1 of 2024, venture capital institutions injected $2.49 billion into 603 deals in crypto startups, raising 29% more money than the previous quarter and increasing the number of deals by 68%. Several factors influenced the investment dynamics this quarter, including the launch of Bitcoin exchange-tr...