Bitcoin Holds Steady Ahead of Jobs Data
Bitcoin remains stable at $111,100 as traders await U.S. labor data that could impact Federal Reserve decisions. Goldman Sachs predicts weaker job growth and higher unemployment. #Update #Crypto $BTC
Decrypt.co is a leading digital media platform founded in 2018, dedicated to bringing clarity to the complex world of cryptocurrencies, blockchain technology, and Web3. Through unbiased reporting, in-depth features, and educational guides, Decrypt empowers readers to navigate the rapidly evolving decentralized landscape with confidence. The publication’s commitment to journalistic integrity and accessible storytelling has positioned it as a trusted source for both newcomers and seasoned enthusiasts seeking to stay informed in the ever-changing realm of digital assets.
Bitcoin remains stable at $111,100 as traders await U.S. labor data that could impact Federal Reserve decisions. Goldman Sachs predicts weaker job growth and higher unemployment. #Update #Crypto $BTC
Stripe and Paradigm launched the Tempo blockchain for stablecoin payments in testnet, partnering with Visa, Deutsche Bank, and others. #Update #Crypto
Etherealize raises $40M to enhance Ethereum privacy via zero-knowledge proofs, aiming to align blockchain infrastructure with Wall Street’s needs. #Update #Crypto $ETH
AI firm @Showrunner plans to use AI to reconstruct 43 missing minutes of Orson Welles’ “The Magnificent Ambersons,” focusing on academic purposes without commercial release. #Update #AI
Tether is investing billions in gold, boosting its stake in Elemental Altus Royalties, while El Salvador buys 14,000 ounces of gold for $50M. #Update #Crypto $USDT
Dogecoin remains 70% below its 2021 peak despite other cryptocurrencies like $BTC and $ETH reaching new highs, due to lack of utility and structural demand. #Update #Crypto $DOGE
SharpLink Gaming plans to stake part of its $3.6 billion Ethereum on the Linea network, diversifying its yield opportunities. #Update #Crypto $ETH
Ethereum’s transition from Proof-of-Work to Proof-of-Stake in 2022, known as “The Merge,” significantly reduced energy consumption and enhanced network security. #Update #Blockchain $ETH
Sora Ventures plans to raise $1 billion for Bitcoin treasuries in Asia, starting with $200 million from partners and targeting an additional $800 million over six months. #Update #Crypto $BTC
SharpLink Gaming plans to stake part of its $3.6 billion ETH on Linea for higher yields, moving beyond Anchorage and Coinbase. #Update #DeFi $ETH
SOL Strategies receives Nasdaq listing approval, trading under STKE from September 9. Shares rose 20% on the Canadian Stock Exchange. #Update #Crypto $SOL
Robinhood joins the S&P 500, reflecting a favorable regulatory climate for digital asset firms, while Bitcoin treasury firm Strategy is excluded despite meeting market cap requirements. #Update #Finance
Hyperliquid opens proposals for USDH stablecoin issuance, sparking controversy as existing protocols claim unfairness. Validators vote over five days to determine the winning team. #Update #Crypto
An Ethereum ICO whale from 2015 moved $645M in $ETH to a staking service, still holding $1.1B in ETH. #Update #Crypto $ETH