U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100
The unemployment rate fell to 3.5% versus forecasts for 3.6%.
Bitcoin Holdings on OTC Desks Decline 33%: Glassnode
Over-the-counter desk balances are widely considered a proxy for institutional activity. Still, caution is warranted when drawing conclusions.
Crypto Options Volume on CME Rose to Nearly $1B in July: CCData
The increase suggests that institutions might be hedging their positions.
ProShares, Bitwise File for Bitcoin and Ether ETFs
If approved, the fund will measure "the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts."
First Mover Asia: Bitcoin Remains Calm Above $29.1 K, but Is Higher Volatility in Its Future?
PLUS: A decrease in bitcoin supply active a year ago indicates that long-term holders have reduced their bitcoin exposure. Is hodling starting to wane?
Bitcoin Wobbles at $29K as XRP Leads Altcoin Losses; SHIB, Helium Gain
Cryptocurrency markets sold off Friday afternoon as equity markets gave up early gains and closed the day in red.
Bitcoin Remains Unmoved by Rise in Jobless Claims, Treasury Rates
Treasury yields hit 10-year highs, sounding a note of potential caution for risk markets, cryptocurrencies, but bitcoin continued to be unstirred by macro events.
Elon Musk’s X Seeks Data Partner to Build Trading Service on App: Semafor
Given the billionaire's affinity for digital assets, the offering could include crypto trading.
Michael Saylor Says Bitcoin ETFs Will Be the ‘Super Tanker’ for His MicroStrategy ‘Sports Car’
The software company now owns around $4.5 billion worth of bitcoin and is planning to buy more in the third quarter of this year.
