✅ 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
🗣 Personalities
🔸 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