U.S. Added Just 22K Jobs in August as Unemployment Rate Rose to 4.3%
The employment situation in the U.S. continued to show softness last month, likely sealing the deal for a rate cut at the Federal Reserve’s upcoming meeting in mid-September. Nonfarm payrolls rose by 22,000 in August, according to a Bureau of Labor Statistics report released Friday morning. That was shy...
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Crypto Markets Today: XRP, SOL Likely to Move 4% as Payrolls Data Looms
As the crypto market awaits the U.S. nonfarm payrolls release for insights on the how the Federal Reserve might act on interest rates, implied volatility indexes point to moderate price volatility in major cryptocurrencies. At press time, Volmex’s annualized bitcoin (BTC) one-day implied volatility index was 43.80. That means...
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Clearing Out My Mining Farm – What’s Left for Sale?
One of my breakout boards caught on fire and another started to melt when I caught it. In this vlog, I walk you through what happened, give you a full home mining farm update, and show the GPUs and ASICs I’m selling. Plus, new AI rig build plans, a...
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Netflix Hit Show Black Mirror is Launching a Crypto Token
In a monumental move that has taken the crypto market by storm, Netflix’s acclaimed series Black Mirror is set to launch its own token, according to Robbie Ferguson of Immutable. This development, announced yesterday (September 4), marks what could be the beginning of a massive influx of AAA franchises into...
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Tether To Explore Investments In Gold, The ‘Natural Bitcoin’
Stablecoin issuer Tether (CRYPTO: USDT) is exploring investments in the gold industry as part of its broader strategy to diversify profits from its cryptocurrency operations. What Happened: Quoting sources, Financial Times reported on Friday that the company has held discussions with mining groups and investment firms about opportunities across...
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Binance Ethereum Reserves Shrinks As Whale Outflows Persist – Here’s What They Are Up To
Another bearish day in the broader cryptocurrency market has hampered Ethereum’s upward action, as the altcoin’s price remains below the $4,500 level. In the midst of the ongoing bearish performance, a significant portion of Ethereum has been spotted leaving major centralized exchanges at a rapid rate. Big Money Ethereum...
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PUMP price eyes 29% rally backed by token buybacks and fresh demand
PUMP price rallied for the fourth straight day as Pump.fun bought back over $12 million worth of PUMP tokens from the market. According to data from crypto.news, Pump.fun (PUMP) was trading at $0.0045, up 40% over the past 7 days…...
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ETH price poised for a rally as exchange flux balance turns negative
ETH price appears poised for further upside as on-chain data shows investors are withdrawing record amounts from exchanges. Ethereum (ETH) price has recently faced another rejection at the $4,800 level, despite briefly peaking at $4,957 on Sunday. However, ETH continues…...
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Latest Crypto News Today, September 5 – Bitcoin Slowly Grinding at $112,000: AI Crypto Back in The Spotlight,Story and Sahara AI Leading
This year, AI and blockchain have crossed paths in compelling new ways. We know that AI projects like FET ▲0.56% and NEAR ▲0.01% have been making a lot of news 1-2 years ago. Today, though, projects like Story Protocol and Sahara AI are building practical crypto tools that the...
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NASDAQ’s Plan to Control Crypto Treasury Companies Explained
Crypto treasury stocks slid Thursday after The Information reported that Nasdaq is tightening oversight on companies raising capital to stockpile crypto. We suspect that the main gamble on the “treasury company” LARPing was the hope that we’d see “strategic crypto reserves” by relevant nation states by now. Could you...
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