DeFI News by Thebittimes.Com

Solana (SOL) has been something of an early marvel of the 2024 cryptocurrency bull market, as it was one of the first tokens to make substantial moves already late last year. Though it entered a protracted period of stagnation in March, it followed many other assets into the post-election rally, even recording highs above $257 in late November – no small feat for a cryptocurrency that stood at about $20 just over one year ago. Still, despite the undeniable successes in the last 14 months, SOL proved unable to resist the great downturn that started on December 18, 2024, and it is, in the last 7 days, 19.43% in the red with its press time price of $182.19. Picks for you Crypto trader turns $90 into $3.25 million in just two days 15 hours ago ...

Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming. Inflation came down a lot faster than most investor s and analysts anticipated, reaching 3% in June. The recession that most analysts predicted is nowhere to be seen, according to the 3.6% unemployment rate nearing a 50-year low and the S&P 500 Index showing a 19% gain year-to-date. While the current market performance may lead investor s to believe that a recession has been avoided, there are three metrics that have been able to consistently predict recession s over time. These leading economic indicator s are key economic variables that tend to move ahead of changes in overall economic activity, providing an early warning system for changes in the business cycle. Let’s dig into three of these indicator s and explain how investor s can interpret them. Yield curve inversion The yield curve represents th...