U.S. employers added more jobs than expected last month, according to the monthly employment report released Friday by the Labor Department.The report showed nonfarm payrolls rose by 187,000 in August, exceeding economists’ consensus estimate of 170,000. The unemployment rate held steady at 3.7%.Considering the current job market dynamics, what are…

Bitcoin exchange inflows have reached one-month highs according to data from Glassnode, signaling increasing selling pressure as the price of Bitcoin has fallen below $26,000.The one-day moving average of bitcoin’s exchange net flow reached $9.75 million on August 16, marking the highest level seen in the past month.Glassnode also reported…

Jump Trading’s digital asset unit, Jump Crypto, appears to be scaling back after a handful of the company’s specialists fled to start building a separate blockchain project.Former company employees including Mike Cahill, Jayant Krishnamurthy and Ciaran Cronin have now co-founded Douro Labs, where they and six other former members of…

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Security newsA joint advisory report by several agencies from the UK, USA, Canada, New Zealand, and Australia warned that the Russian Infamous Chisel malware is being used to target…

The price of Bitcoin (BTC) ended down for the second consecutive month yesterday, despite bullish news that a spot Bitcoin exchange-traded fund (ETF) could be coming soon.For August as a whole, the BTC price ended down just over 11%, from around $29,200 at the beginning of the month to 25,900…

Bitcoin’s price landscape remains dynamic and ever-evolving. As the cryptocurrency is currently trading at $26,081, marking an over 4% decline on Friday, the backdrop presents a mix of challenges and opportunities. A landmark court decision favoring Grayscale has emerged as a beacon of hope, propelling avenues for Bitcoin innovation within the…

HashKey Capital, the investment arm of Hong Kong-based crypto giant HashKey Group, has allocated a significant portion of its newly launched to major altcoins. The fund aims to invest less than 50% of its allocation in Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, Jupiter Zheng, the portfolio manager of the fund, said in…

Bullish momentum has returned to Fetch.ai’s FET token with the price rallying 10% over the past week.This upside move has propelled FET above its 20-day, 50-day, and 100-day exponential moving averages, which is often viewed as a precursor to further gains.However, after briefly hitting a multi-month high of $0.2570 earlier…

According to Bloomberg’s sources, Leon Foong, who served as the head of Binance Asia-Pacific, is leaving his position at the world’s largest cryptocurrency exchange.Foong was crucial in Binance’s growth in South Korea, Thailand, and Japan. While an official announcement is pending, insiders have signaled his imminent departure.Amid regulatory lawsuits and…

In partnership with Mastercard, Nexo launched the world’s first “Dual Mode Crypto Card,” offering debit and credit functionalities for European Economic Area (EEA) citizens on August 31.The Nexo “Dual Mode Crypto” Card offers users the ability to optimize tax responsibilities by utilizing Credit Mode, which avoids taxable events upon spending.Initially…