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Crypto Market Shakes as US Jobs Report Looms

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In the frenetic world of crypto, all eyes are now sharply focused on Uncle Sam's upcoming jobs report as the market jitters with anticipation.
As digital currencies slip in value of late, Treasury Secretary Scott Bessent's warning about the economy edging towards recession has only added fuel to the fire. On the frontlines, Bitcoin steadies near the $106,000 mark and Ethereum hovers around $3,600, while traders brace for the potential aftershock of interest rate discussions.
Does this mean we're in for a storm or just a light drizzle of volatility?
Let's dive in!

Crypto prices dipped as investors brace for U.S. jobs data and Bessent's warning on rate risks. — Read More
AWS outage reveals crypto industry's vulnerability due to reliance on centralized infrastructure, argues for decentralized alternatives. — Read More
Altcoin Season Index crashes over 50% from 78 to 29, hinting at possible market bottom. — Read More
Venezuelan banking taps stablecoins, Milei wins big in elections. — Read More
Stripe teams up with Paradigm to develop 'Tempo', a new blockchain tailored for stablecoins and payment solutions. — Read More
Traders are dumping cryptocurrencies like Bitcoin and Ethereum for stablecoins, as reserves on Gate and Bybit highlight a shift to safety amidst volatile markets. — Read More



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Bitcoin and Altcoins Face Significant Price Drop
Bitcoin dips below $107K as altcoins experience severe price declines with a $120B market cap loss overnight following remarks about tariffs and recessions from Trump and Bessent.
Standard Chartered CEO Foresees Blockchain Dominance in Finance
Bill Winters, CEO of Standard Chartered, expects global transactions to move to blockchain, calling it a 'complete rewiring' of finance.

Ethereum Faces Bearish Pressure as BitMine Dominates Buying
BitMine emerges as Ethereum's primary supporter amidst waning institutional interest and ETF outflows.
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U.S. investors show declining demand for BTC and ETH, impacting spot and derivatives markets.

Trump Says He Doesn't Know Binance's Changpeng Zhao
Trump denies knowing Binance's CZ despite granting him a pardon, sparking 'pay for play' allegations.
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Crypto and Gold Prices Fall, Bitcoin Drops Below $106K
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Ripple's XRP ETF may launch soon, potentially driving prices to $10 amid market optimism.
ASTER Token Spikes After CZ's Purchase
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XRP Tundra Integrates Chainlink for Seamless Data Sync
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Microsoft and IREN Ink $9.7B AI Cloud Deal
IREN secures $9.7 billion AI cloud services deal with Microsoft under a five-year contract, highlighting AI's demand for GPU-equipped neocloud infrastructure.
HIVE Digital Expands Mining with AI Shift
HIVE Digital surges to 23 EH/s in bitcoin mining, reallocating resources to AI facilities, aiming for 25 EH/s by month's end.
Unlock Your AI's Web Browsing Potential with MCP
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The Consequences of Skipping Crypto Tax Reporting
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HKMA introduces a tokenization-first approach for its Fintech 2030 strategy, emphasizing the future role of digital assets.
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EU Considers Expanding ESMA's Crypto Oversight
European Commission plans to empower ESMA for broader crypto and stock regulation.
SEC's Final Call on Grayscale's Spot HBAR ETF
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Warren Dismisses CZ's Defamation Suit Threat
Warren's lawyer challenges Binance founder CZ's defamation threat, asserting her comments on his legal issues were factually accurate.

