Jobs


Markets

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.

BTC's price chart (CoinDesk)

Markets

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.

Graph on a blackboard showing the relationship between supply and demand.

Tech

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.

Polygon Labs CEO Marc Boiron (Polygon Labs)

Markets

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%.

(Helene Braun/CoinDesk)

Tech

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."

CertiK CEO Ronghui Gu (CertiK)

Tech

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.

Celestia Labs is betting on a modular blockchain future. (Shutterstock)

Finance

Blockchain Analytics Firm Chainalysis Cuts 15% of Staff

This is the second round of layoffs by the analytics firm in 2023.

Chainalysis co-founder Jonathan Levin speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk archives)

Finance

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.

From left: Sumit Gupta (Co-founder & CEO), Neeraj Khandelwal (Co-founder), Gaurav Arora (Sr. Vice President), Vivek Gupta (EVP Engineering). (CoinDCX)

Markets

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.

US Department of Labor Building (Department of Labor)

Markets

Crypto Catalyst Watch: FOMC Minutes, Jobs Numbers Lead Busy Slate of Economic Releases

In addition, the national ISM manufacturing survey, released during the long July 4 weekend, fell to its weakest level since May 2020.

La economía del token de ether se vería favorecida con solo una pequeña recuperación económica. (Pixabay)