U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question

The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report.

The U.S. lost 23,000 jobs in July, while June’s originally reported 57,000 job gain was revised down to just 20,000.
Forecasts had been for 80,000 jobs to have been added in July.
Crypto markets are showing little reaction even as stock and bond markets gain on the news.

1 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 16 hours ago
2 Crypto job postings triple to over 1,200 in September, but applications fall 16 hours ago
3 Cathie Wood says smart investors need to start watching where AI agents spend money 17 hours ago
4 Crypto's Sisyphean struggle 19 hours ago
5 BlackRock offers a glimpse of how tokenization may change your investment portfolio 19 hours ago
6 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
7 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
8 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago
9 Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown 1 day ago
10 America at a crossroads: Commissioner Peirce’s parting challenge 1 day ago

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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