It’s no secret that cryptocurrencies offer many opportunities to earn passive income. Recently, Bitcoin staking has attracted increasing attention due to its potential to provide stable income without the need for active trading. Let’s discuss it in more detail. We hope you find it useful!Understanding Passive Income with CryptoPassive income with cryptocurrency involves generating earnings from digital assets without continuous active involvement. This can be achieved through various methods such as staking, yield farming, or lending, where investors can put their crypto to work and earn rewards or interest over time without actively engaging in trading or other activities. Staking, for example, allows individuals to participate in network validation and security by holding and “locking up” their coins, thereby earning staking rewards. Understanding passive income with crypto is essential for investors seeking to diversify their portfolio and generate revenue without constantly monitoring the market or engaging in active trading. It offers a way to leverage crypto assets to generate ongoing returns, making it an attractive option for those looking for alternative sources of income within the cryptocurrency space.Advantages of Employing Bitcoin Staking PlatformsUsing Bitcoin staking platforms offers several benefits for individuals looking to earn passive income with their digital assets. Firstly, these platforms provide a user-friendly and convenient way to engage in staking activities. They handle the technical aspects of staking, such as network security and transaction validation, allowing participants to earn rewards without needing extensive technical knowledge or constant monitoring. Additionally, staking platforms offer liquidity, enabling users to stake […]

Image Source:   Rising real wages, an easing of the recent mortgage squeeze, and high economic migration have helped lift the UK economy back into growth.  First quarter growth was massiveThe UK economy powered out of its technical recession in the first quarter, judging by the initial GDP figures released today. The economy expanded by a whopping 0.6% quarter-on-quarter.Admittedly the data underlying that number has been pretty volatile. Some of that bounce – and the 0.3% contraction that came before it in the fourth quarter – is linked to a suspiciously large fall in retail activity at the end of last year which was fully recouped in January. Likewise, GDP increased by 0.4% in March alone, and some of the drivers of that (like hospitality and administration) look more like noise than signal.Some caution should therefore be taken when interpreting these figures, just like the weaker numbers at the end of last year. Still, it tallies with other economic indicators which suggest the economy is entering a period of stronger growth. The purchasing managers’ indices are the most obvious example, and these are consistent with continued momentum in the second quarter. Even here though, there is some debate over whether the numbers are being artificially boosted by “residual seasonality” (i.e., not properly adjusting for seasonal trends after the pandemic).  Second quarter growth should be strong tooVolatility aside, there are genuine reasons to think the economy should continue growing more strongly. Real wage growth is positive and is likely to become even more so […]

By Ken Silva, Last Friday’s employment report showed that U.S. employers added some 175,000 in April.But while April’s numbers captured most of the headlines, the same also contained downward revisions for earlier this year, with the BLS admitting that “employment in February and March combined is 22,000 lower than previously reported.”Close observers have noted that the BLS has revised its jobs numbers downward nearly every month since President has been in office. In other words, BLS has been releasing rosy jobs reports, only to quietly update the reports later with more accurate and dismal statistics. Numbers have been revised down nearly every single month. pic.twitter.com/xpsHASDxYq — Andrew @ Don’t Walk, RUN! (@DontWalkRUN) March 8, 2024 The early downward revisions for 2024 follow the BLS chopping off more than 300,000 jobs last year that were supposedly added in the 12 months ending in March 2023.“The BLS confirmed what we have been saying for much of the past year, namely that hundreds of thousands of US jobs were nothing more than a figment in the BLS’s imagination, and politically motivated Excel spreadsheets,” last August when the BLS’s sizeable revision occurred.The fluctuating statistics have finally caught the attention of lawmakers in Congress. Last week, Rep. , R-Ill., grilled Acting Labor Secretary Julie Su about her Biden-friendly reports. I pressed the Biden Administration on why their jobs numbers are consistently wrong and quietly revised downward after they are announced. What is going on at BLS? pic.twitter.com/yVqtXG4wIM — Rep. Mary Miller (@RepMaryMiller) May 3, 2024 […]

(Click on image to enlarge)The  has tumbled to new multi-decade lows after its recent free fall.Currently, the Yen is trading into 40-year support. Could this be the time/price area from which we see a rally?Let’s take a look at the chart…“The facts, Ma’am. Just the facts.” – Joe FridayAs you can see, the 12-year decline in the Japanese Yen has it testing the bottom of a 40-year sideways channel at (1). As well, we have a bullish divergence with the Relative Strength Index (RSI).Looks like an important support test is in play for one of the hardest-hit currencies in the world. Time for a rally?Should the Yen not hold support at (1), it is a very negative message for several assets!!!  Is German 10-Year Bond Yield Nearing Historic Breakout?Silver Rally Testing Major Breakout ResistanceCocoa Prices Surge Higher Into Important Resistance

Image Source:   S&P 500 Aggregate Estimates and Revisions The 24Q1 Y/Y adjusted blended earnings growth estimate is 10.5%. If the energy sector is excluded, the growth rate for the index is 10.5%. Please note that the 24Q1 year-over-year growth rate for Bristol Myers Squibb reflects an approximate $12 billion one-time charge related to its acquisition of Karuna Therapeutics. When including this one-time item, the S&P 500 24Q1 earnings growth rate declines to 7.4%. Of the 459 companies in the S&P 500 that have reported earnings to date for 24Q1, 77.3% reported above analyst expectations. This compares to a long-term average of 66%. The 24Q1 Y/Y blended revenue growth estimate is 3.7%. If the energy sector is excluded, the growth rate for the index is 4.4%. (Click on image to enlarge)Click  to view the full report.Russell 2000 Earnings Dashboard 24Q1 – Thursday, May 9Red Sea Crisis Is Affecting Consumer/Retail Trends S&P 500 Earnings Dashboard 24Q1 – Tuesday, May 7