U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%
The U.S. jobs report for July was released Friday morning (Tim Mossholder/Unsplash, modified by CoinDesk)
Bitcoin
First Mover Americas: BTC Warnings Finger Drop to $55K
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Kamala Harris Can’t Cede Crypto to Trump, Could be Difference in Battleground States: Think Tank
The Presumptive Democratic U.S. presidential nominee cannot afford to cede crypto to Donald Trump and luring crypto voters and donations away could “make a difference in key battleground states,” OMFIF wrote.
Hong Kong’s Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
For the moment, only bitcoin and ether can be traded, while the company works on “expanding our crypto offerings in the near future.”
Bitcoin Risk-Reward Remains Compelling Even After Price Surges 100% in a Year
Long-term holders are motivated to hold at bitcoin’s going market rate, implying an attractive risk-reward for existing or potential investors, according to the “reserve risk” indicator.
Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos
Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market.
MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500
MicroStrategy reported second-quarter earnings on Thursday.
Bitcoin Plunges More Than 10% Since Hitting $70K 72 Hours Ago
The bullish news continued on Thursday morning, but sellers remained in control of the market.
First Mover Americas: Crypto Markets Reel on Geopolitical Risk
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 1 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again
Bitcoin’s Bollinger bandwidth has narrowed to levels that have historically preceded volatility explosions.