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U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin (BTC) price dips on the news

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Bitcoin (BTC) Chalks Out ‘Head and Shoulders’ Pattern Ahead of U.S. Jobs Data: Valkyrie Investments

"High timeframe trend metrics remain firmly bullish, a near-term [bearish] reversal chart pattern has emerged. Although not classically meeting the textbook criteria of a head and shoulders, price action since March 19 has painted an extreme high with flanking lower highs," Valkyrie's analysts, led by chief investment officer Steven McClurg,

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7,800 jobs at IBM could be replaced by AI within years, suggests CEO

International Business Machines Corp. (IBM) is expecting to put a “pause” on hiring for "back-office" roles that could be potentially automated by artificial intelligence (AI) instead.IBM CEO Arvind Krishna explained in a May 1 interview with Bloomberg that many “back-office” positions such as those in the human resources and accounting

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