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Continued strong gains in monthly employment figures have added to the Fed’s case for rate hikes.

The latest price moves in bitcoin (BTC) and crypto markets in context for June 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

May saw fewer exploits than April, suggesting better security practices among crypto users and developers.

Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.

Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.

Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month.

These products come on the back of the nano futures that were launched last year.

The initial snapshot poll was voted against by the community in a surprising move.

ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.

The U.S. Commodity Futures Trading Commission (CFTC) has proposed an overhaul of its rules for risk management, and Commission Christy Goldsmith Romero said the changes should insist firms prepare themselves for crypto volatility and the risks from holding customers’ digital assets.