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Department of Labor
Fiduciary Duty During Uncertain Times
Advisors can navigate their fiduciary duty to support clients interested in cryptocurrency in the absence of clear frameworks.
What This Week's Fed Decision, Jobs Report Means for Crypto
The U.S. Federal Reserve approved a fourth straight interest rate hike this week, while the Department of Labor said employers added 261,000 jobs in October. CoinDesk Markets Managing Editor Brad Keoun discusses the implications for the crypto markets and global finance. Plus, CoinDesk Research Analyst George Kaloudis on bitcoin's hashrate and volatility.
Bitcoin Slips From $20K Following US Jobs Report
Nonfarm payrolls rose 263,000 last month while the unemployment rate fell to 3.5%, according to the Labor Department’s latest jobs report. Bannockburn Global Forex Managing Director Marc Chandler discusses the implications for the crypto markets and global finance. Plus, bitcoin (BTC)’s correlation with gold hits its highest level in over a year.
Bitcoin Inches Higher After US Adds 315K Jobs in August
Bitcoin was rising Friday after the U.S. added 315,000 jobs in August and the unemployment rate rose to 3.7%. Path Trading Partners co-founder & Chief Market Strategist Bob Iaccino discusses what the Department of Labor’s latest economic data means for bitcoin (BTC) and the wider crypto market.