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Bitcoin Higher After October Jobs Report; Fidelity Opens Waiting List for Retail Crypto Product

Bitcoin is trending higher near $21,000 Friday after the U.S. October jobs report revealed 261,000 nonfarm payrolls were added in October, beating economists' forecasts. Financial services giant Fidelity Investments has opened the waiting list for Fidelity Crypto, its crypto product aimed at retail customers. Terraform Labs co-founder Do Kwon may be in Europe, according to Bloomberg.

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Terra Co-Founder Do Kwon May Be in Europe: Bloomberg

South Korean prosecutors have indicated the fugitive co-founder of Terraform Labs, Do Kwon, is in Europe, according to Bloomberg. This comes as Kwon denied being on the run. "The Hash" panel discusses the latest in the aftermath of the $60 billion collapse of the Terra ecosystem.

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Crypto's Reported Staff Cuts at BitMEX, Digital Currency Group, Galaxy Digital

Crypto venture capital company Digital Currency Group (DCG), the parent company of CoinDesk, has promoted Chief Operating Officer Mark Murphy to president amid a restructuring in which some 13% of its staff departed, according to Bloomberg. This comes amid news of other staff cuts at BitMEX and Galaxy Digital. "The Hash" panel discusses the latest hurdles for companies amid crypto winter.

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The Latest Issue of Bloomberg BusinessWeek Is Matt Levine's 40K Word Article on Crypto

Bloomberg Businessweek published a 40,000 word article on cryptocurrencies by the news organization's popular financial columnist Matt Levine. "The Hash" hosts discuss the article and the key takeaways in what could be an "iconic moment" for the industry.

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Ano ang Kahulugan ng Crypto Opus ng Bloomberg para sa Susunod na Bull Market

Ang manunulat ng star Finance na si Matt Levine ay nagtalaga ng isang buong isyu ng Businessweek sa Crypto. Maaaring tapos na ang laro para sa mga hard-line skeptics.

(AbsolutVision/Unsplash)

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Ang Bloomberg Beta ay Nanguna sa $6.2M na Pagpopondo para sa DAO Framework Origami

Ang Origami at backer na Orange DAO ay nag-anunsyo din ng $20,000 na programa sa pagpopondo para sa mga pre-launch na decentralized autonomous organizations (DAOs)

Origami team members Johnny Chin, Matt Voska, Ben Huh and Stephen Caudill (Origami)

Finance

Si Matt Levine ng Bloomberg ay Sumulat ng 40,000-Salita na Artikulo sa Crypto

Ito lang ang artikulo ngayong linggo sa Businessweek, sa pangalawang pagkakataon na napuno ang magazine ng isang piraso.

Bloomberg columnist Matt Levine (LinkedIn)

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Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes

A Goldman Sachs strategist wrote a peak in the U.S. dollar "feels several quarters away," which could be bad news for bitcoin (BTC). Bitcoin miners Core Scientific (CORZ) and Argo Blockchain (ARBK) were downgraded by Wall Street investment bank DA Davison due to bear market woes. Terraform Labs co-founder Do Kwon is rumored to have left Singapore for Dubai, according to Bloomberg.

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South Korean Prosecutors Say Reports of Do Kwon’s Stopover in Dubai ‘Not False’: Bloomberg

Terra blockchain creator Do Kwon, who said he is not on the run, is rumored to have left Singapore for Dubai according to South Korean prosecutors telling Bloomberg. Merkle Science co-founder and CEO Mriganka Pattnaik discusses what we know so far and the outlook for algorithmic stablecoins. Plus, insights into tracking Luna Foundation Guard's bitcoin (BTC) reserves.

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JPMorgan Appoints Former Celsius Exec as Crypto Regulatory Policy Head: Report

Aaron Iovine, who spent eight months this year as head of policy and regulatory affairs at bankrupt crypto lender Celsius, has been appointed in a newly created role as head of crypto regulatory policy at JPMorgan, according to Bloomberg. "The Hash" hosts weigh in.

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