In August, US non-farm payrolls significantly exceeded market expectations, indicating a stronger-than-expected trend in the labor market. The unemployment rate remained unchanged from the previous month at 4.1%. At this point, the US non-farm payroll figures for August were released, and the 162,000 figure, exceeding the expected 56,000, surprised the markets. The data released for
The U.S. labor market strengthened appreciably in August, giving the growing group of hawks at the Fed more ammunition to hike interest rates at the bank’s policy meeting in less than two weeks. According to the government’s Nonfarm Payrolls report released Friday morning, the U.S. economy added 162,000 jobs last month. That was well above
US-listed spot Bitcoin exchange-traded funds (ETFs) notched their biggest inflows in nearly eight months as $BTC reclaimed $80,000. Bitcoin ETFs recorded $730.9 million in net inflows on Thursday, the largest daily haul since Jan. 14, when the funds attracted $843.6 million, according to SoSoValue data. The surge followed $101.2 million inflows on Wednesday and came
The questions surrounding whether Bitcoin [$BTC] can maintain its bullish push have become more pressing lately. Especially as the crypto surged past $80,000 over the last 24 hours. The timing is interesting because the market has been flashing mixed signals over whether demand is returning and a rebound is taking shape, or whether this is
It’s the first Friday of the month again and the U.S. Bureau of Labor Statistics is set to release the nonfarm payrolls (NFP) report, a key gauge closely watched by Fed policymakers and both traditional finance and crypto markets. But past data shows its a non-event for day traders. The data due at 08:30 ET
ZKsync has unveiled Prividium, a new initiative aimed at creating private and connected tokenized deposit networks. This announcement surfaced through a tweet discussing the risks associated with isolated bank networks. By emphasizing the importance of privacy and connectivity, ZKsync may influence how banks integrate blockchain solutions moving forward. For more details, see the original tweet
South Korea’s financial regulators outlined policy aimed at building the infrastructure to tokenize securities for stablecoin settlement on Friday. Officials from the country’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) said the plan to tokenize traditional securities such as stocks, bonds and funds and to expand security token offerings (STOs) beyond fractional investment
El Salvador did not use public funds to accumulate bitcoin $BTC$81,110.59 after the first review of its International Monetary Fund (IMF) loan program, the organization said, citing documentation provided by Salvadoran authorities. The documents showed bitcoin added since the review came from private donations, the fund said. No further accumulation beyond documented donations is expected.
Bitcoin BTC$81,074.17 isn’t just rising in dollar terms, it’s also outperforming gold, a hard asset with a centuries-long track record, at a time when concerns about government finances across advanced nations dominate headlines. The bitcoin-to-gold ratio, which measures bitcoin’s dollar price per coin against gold’s dollar price per ounce, has climbed to 18.17, the highest
Bitcoin recorded its strongest monthly gain since November 2024 during August, but Fidelity said the advance does not prove that the latest crypto bear market has ended. In its fourth-quarter crypto market outlook, Fidelity said Bitcoin, Ethereum and several altcoins recorded their strongest positive months since late 2025. Bitcoin gained more than 25% during the