U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Bitcoin held earlier gains following the report, up more than 2% over the past 24 hours and just below $87,000.
Top Stories
Fed raises rates by 25 basis points in first hike since July 2023
The widely expected move places the U.S. Federal Reserve’s benchmark fed funds rate range at 3.75%-4.0%.
Inside Robinhood’s high-stakes bet to onboard millions of casual users onto decentralized finance
The company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by memecoins, while its original tokenization vision remains small.
Newest version of crypto Clarity Act may drop as soon as next week, sources say
After a long stretch without breakthroughs in the crypto market structure bill, insiders say a new draft may emerge in a final push for late-July action — though it still lacks bipartisan buy-in.
Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges
Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback.
Here is how Coinbase plan to survive the crypto downturn by ditching its reliance on trading fees
Analysts say the exchange’s push into derivatives, payments and infrastructure broadens its growth story beyond crypto trading.
Fed holds rates steady in first decision under new Chairman Kevin Warsh
The accompanying policy statement and updated economic projections, however, took a hawkish turn.
Strategy’s bitcoin sale sparks a $14 million betting chaos on Polymarket
The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket’s May 31 contract is sitting at 81% Yes and in review, while bettors argue over whether the onchain transactions or the filing date controls.
Trump praises prediction markets, defends CFTC as court cases compound
U.S. President Donald Trump said it was “critically important” that the CFTC keep “exclusive authority” over prediction markets, echoing CFTC Chair Michael Selig.
Ethereum’s identity crisis is deepening after high-profile ‘brain drain’ frustrates the community
What began earlier this week as shock over more exits of core figures has now evolved into something more existential, according to some community members.