The Fed’s battle against inflation could lead to overcorrection, but the same mechanism that’s reining in the economy is creating headroom for revitalizing it if things do go south.
El crecimiento del empleo en EE. UU. se desacelera menos de lo esperado y bitcoin cae debajo de los US$20K
El informe mensual de empleo publicado por el Departamento de Trabajo se ha convertido en uno de los indicadores económicos más importantes a observar mientras la Reserva Federal evalúa el estado de la economía.
US Jobs Growth Slows Less Than Expected; Bitcoin Slips From $20K
The monthly employment situation report, released by the Labor Department, has become one of the most important economic indicators to watch as the Federal Reserve evaluates the state of the economy.
First Mover Americas: It’s Payrolls Day Again, and Bitcoin Holds Tight Near $20K
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 7, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Will Comatose Bitcoin Market Come Alive After NFP Data?
Bitcoin has returned exactly 0.0%, on average, on NFP days in 2022, but picture changes during the week after the data release, past data show.
Binance Smart Chain Validators Look to Push Update to Bring BSC Back Online
A tweet from the official BNB chain Twitter account indicates that the chain is expected to be back online in the afternoon Asia time.
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs’ Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
The collection, now valued at $840,000, is worth less than a percentage point of the $21 million that the troubled hedge fund spent in assembling it.
Global Bitcoin adoption is ‘still in its infancy,’ but here’s how it might accelerate
Rome wasn’t built in a day, and it will also take some time for every country on Earth to adopt BTC.
Bitcoin’s Correlation With Gold Hits Highest Level in Over a Year
But the relationship between gold and bitcoin remains only mildly strong.
Market Wrap: Bitcoin Trades Flat for a Second Consecutive Day, but Outpaces Traditional Markets
BTC remains range-bound as investors await the latest payrolls data on Friday. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Ethereum open interest hits $7.7B, raising the chance of a short squeeze above $1.5K
The Ether futures premium remains negative, while options markets are pricing similar risks for bulls and bears.
Crypto Failures Fueled Better Due Diligence
As crypto markets turn turbulent, asset managers perform due diligence by looking at fundamentals like network usership to increase safety.
First Mover Americas: Bitcoin Stays Close to $20K, Sushi’s Token Surges 14%
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 6, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
DeFi Platform Ribbon Finance’s Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M
Ribbon’s Lend, which went live on Monday, allows institutions to borrow funds without having to lock in collateral.
First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. Bitcoin trades sideways.
Market Wrap: Crypto Markets Flatten as Latest Employment Data Throws a Setback for Inflation Hawks
Crypto markets remain fretful about any suggestion the economy is not slowing enough to staunch rising prices. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Crucial US Jobs Report Could Test Fed’s Resolve, Bitcoin’s Resilience
Friday’s report from the U.S. Labor Department on nonfarm payrolls is expected to show an addition of 250,000 jobs in September, in a slowdown from the 315,000 reported for August.
Crypto Derivatives Exchange PowerTrade Launches ‘RFQs’ for Institutional Options Trading
The exchange hopes to attract both institutional players and smaller traders with no minimum order sizes.
Bitcoin derivatives data reflects traders’ belief that $20K will become support
Declining interest in margin shorts and a balanced risk perception in options markets highlight a possible path to $21,500 for BTC price.
Interest Surges in Bitcoin Speculation, But It Might be Bearish
A new record has been reached in the trading of a key speculative tool in cryptocurrency markets: the bitcoin perpetual swap.