✅ 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
🔸 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 accounts
🚀 Best performers of the week:
Sui - $0.95 (↑18.8%)
Starknet - $0.427 (↑15.5%)
Helium - $8.19 (↑12.7%)
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