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Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin.
Bitcoin's Price Recovery Faces Nonfarm Payrolls Test
Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.
Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.
Polygon Labs Cuts 19% of Staff, 60 Roles, for 'Enhanced Performance'
The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons.
Bitcoin Recedes to $34.2K Ahead of U.S. Nonfarm Payrolls Data
The jobless rate is forecast to hold steady at 3.8%, while the year-on-year growth in average hourly earnings likely slowed to 4% from 4.2%.
CertiK, Blockchain Code Auditor, Makes 'Strategic Workforce Adjustment' of 15%
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing "evolving market dynamics."
Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project
The company discloses a restructuring in the wake of its decision to exit services related to MEV-Boost Relay, a type of software used by Ethereum network validators.
Blockchain Analytics Firm Chainalysis Cuts 15% of Staff
This is the second round of layoffs by the analytics firm in 2023.
Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll
The number of employees losing their jobs is 71 out of some 590.
Crypto Catalysts: Jobs Data to Highlight the Week’s Macro Releases
Among other reports, investors will be eyeing ADP’s private sector jobs total, which last month, soared beyond expectations, a concern for inflation watchers.
