Weak US jobs data pushes bond yields down and briefly lifts Bitcoin past $87K
Bitcoin touches $87K after weak US jobs data sends bond yields lower, but resistance keeps it from breaking new highs.
CLAY TRIBUNE / THE ARCHIVE
Category: Money & Crypto
Crypto’s Billions Are Back, but the Premiums Aren’t
Crypto companies reach for billions, but the premiums they once commanded are slipping away.
Traders now see little chance of a Fed rate hike in October after weak jobs report
Traders now see little chance of a Fed rate hike in October after a weak jobs report. Odds have collapsed from near certainty to a remote possibility.
US Designates Russia’s A7 Network as Transnational Criminal Organization
US Treasury designates Russia's A7 Network as a transnational criminal organization, targeting its fiat and crypto payments.
September hiring growth came in far below expectations in the latest jobs report
September hiring slowed sharply to 29,000 jobs vs. August's 162,000, as inflation pressures weigh on the labor market.
Job Growth Stalls at 29,000 as Unemployment Rate Climbs to 4.2%
U.S. jobs grew just 29,000 in September, unemployment rose to 4.2%, and bitcoin held its gains near $87,000.
THORChain backers push for more NEAR integration as token holders face a fork decision
A furious debate divides THORChain and NEAR over whether a protocol can be truly permissionless after a chain halt.
Circle Argues the EU Should Let Stablecoins Hold Less Cash Under New Crypto Rules
Circle asks the EU to ease MiCA's bank-deposit rules for stablecoins, pushing for liquidity requirements instead.
NEAR Intents Hacked for $3.8M — Was It a Bullish Hack?
NEAR Intents got hacked for $3.8M but patched fast, named the flaw, called police, and vowed full refunds. A rare good-hack scenario in crypto.
September Jobs Report Shows Sharp Hiring Slowdown as Unemployment Rate Edges Up
September's jobs report shows a sharp hiring slowdown: 29,000 jobs added vs. 84,000 expected, as the Fed raises rates amid inflation strain.
AI Is Creating Wall Street Jobs Faster Than It Can Take Them Over
Job postings for AI roles at banks surged 49% this year. Agent orchestration, a skill that connects AI agents across banking operations, saw a 1,721% rise.
‘The Hottest Skill on Wall Street’: Banks Post 1,721% More Job Listings for AI Agents
Bank hiring for agent orchestration jumped 1,721%. The skill is the hottest on Wall Street as banks build AI armies.