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U.S. Added 353K Jobs in January, Blowing Past Estimates

U.S. Added 353K Jobs in January, Blowing Past Estimates

The latest update on the labor market came less than two days after the Fed’s Jerome Powell poured cold water on market hopes of a rate cut in March.

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First Mover Americas: Bitcoin Holds $43K

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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BlackRock and ProShares’ Bitcoin ETFs Surpassed GBTC’s Daily Volumes

GBTC has led bitcoin ETF volumes, mostly in outflows, since the products started trading in early January.

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Hong Kong to Consult on Regulation for OTC Crypto Venues ‘Very Soon’

The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets’ role in crypto fraud cases.

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BlackRock’s spot bitcoin ETF overtakes Grayscale’s GBTC in daily volume

BlackRock’s IBIT registered $304 million in daily trading volume compared to $292 million for Grayscale’s converted GBTC fund on Thursday.

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Thai Regulator Orders Zipmex to Suspend Digital Asset Trading and Brokerage Services

Zipmex now has 15 days to correct its financial position and create a system to prevent the improper use of customer funds.

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Jupiter’s JUP Rallies On With Solana Supporters Leading the Charge

One of the most-anticipated airdrops faced social media ire over its novel token distribution plan.

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Chainlink’s LINK Token Taps 22-Month High of $18, Ending Three-Month Breather

Analysts consider LINK as the safest bet to profit from the tokenization narrative.

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Hong Kong to release consultation on regulating OTC crypto venues

Hong Kong may soon publish a consultation on a proposed regulatory framework for over-the-counter crypto platforms, an official said today.

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OPNX Founder Su Zhu Says Shutdown Comes Because FTX Estate Claims Reached ‘Recovery’

OPNX’s volume peaked at just over $600,000, according to CoinGecko data.

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