✅ Over the week Bitcoin jumped to $57,000 following the U.S. jobs report, only to erase the gain and tumble below $54,000 after which it bounced up a bit, next week promises to be even more volatile as the CPI report and Fed statements will decide where we go next 👀

Weekly news digest:

💎 Crypto

🔸 Matter Labs behind ZKSynk blockchain has fired 16% of its employees

🔸 Hamster Kombat token HMSTR will likely be listed on Bybit CEX

🔸 More than 600 Bitcoin ATMs went offline globally in the first two months of Q3 2024

🔸 Mastercard launched a crypto debit card in Europe 🏦

🔸 Catizen, a Telegram-based puzzle game, has announced its token will launch on September 20

🏦 Crypto exchanges

🔸 Binance founder and former CEO CZ has been banned for life from managing the crypto exchanges

🔸 Former CEO of the bankrupt crypto exchange Mt. Gox, will launch a new crypto exchange called EllipX this month

🔸 Binance has completed the Frontier FRONT token swap to SLF and rebranding to Self Chain

💵 Finances and Economy

🔸 Bank of Japan Governor Kazuo Ueda reiterated that the central bank will continue to raise interest rates

🔸 Bank of Canada cuts interest rate by 25 basis points to 4.25% 🇨🇦

🔸 Nonfarm payrolls increased by 142,000 jobs last month after a downwardly revised 89,000 rise in July

🔸 FED official Goolsbee says "The odds of a recession might be rising."

⚖️ Law and Order

Galois Capital Management has settled charges with the SEC

Uniswap Labs has settled charges with the Commodity Futures Trading Commission 🦄

Qatar officially introduces a regulatory framework for digital assets

Vladimir Putin says Russia supports Kamala Harris over Donald Trump in the presidential election

 

Donald Trump officially announces he will create a government efficiency commission led by Elon Musk

 

Ripple Co-Founder & Executive Chairman has signed a letter to endorse Harris for president 🥏

 Revelo fund manager announced his resignation after he was forced at gunpoint to drain his crypto account