U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Bitcoin held earlier gains following the report, up more than 2% over the past 24 hours and just below $87,000. Source:CoinDesk
BNB Chain crosses $1B in tokenized stocks, ETFs as market hits $3.7B
Tokenized stocks and ETFs on BNB Chain reached $1.1 billion as the broader market climbed to $3.7 billion, putting the network’s share at roughly 30%.…
Live updates: Bitcoin rises, re-taking $86,000 ahead of key U.S. jobs data
U.S. stock index futures were also gaining as oil fell more than 3% and yields continued to ease from recent highs. Source:CoinDesk
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Bitcoin dominance is closing in on 60% while USDT's has slipped to 6.3%, pointing to a market growing more comfortable with risk. Source:CoinDesk
Here’s the bond-market alternative as U.S. and other developed markets debt deteriorate
Christopher Wood, of Jefferies, said Group of Seven bonds have entered a ‘structural bear market’ since March 2020. Source:MarketWatch
Bitcoin reaches for $87K as short liquidations top $120M
Bitcoin buyers broke through a wall of ask liquidity to reach new October BTC price highs near $87,800, with the area immediately above now a new resistance…
Why rising perpetual funding rates signal growing bullish leverage as bitcoin crosses $86,500
Rising open interest and funding rates signal renewed demand for bullish bitcoin exposure. Source:CoinDesk
Bitcoin ETFs kick off ‘Uptober’ with $103M inflow
Bitcoin ETFs returned to inflows with $103 million, while Ether funds recorded a third straight day of net outflows. Source:Cointelegraph
Bitcoin tops $86,000 ahead of U.S. jobs report
Bitcoin is up roughly 3% in October as traders await September’s jobs data, while rising bond yields, a stronger dollar weigh on broader markets.…
Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs
US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows. Source:Cointelegraph
Synthetic tokenized stocks are bad for American investors
U.S. markets are the envy of the world because investors trust that whoever owns a share owns it fully, writes Aaron Kaplan, founder of Promethum. The…
Tokenized assets don’t always mirror traditional markets, Dune finds
Dune found that tokenized markets show different trading patterns from traditional markets, with RWA value reaching $34.5 billion. Source:Cointelegraph