Avatar
Hak-Kun Hyun Baek โšก
27217093e83ec6289df7562811e01af5f7966870b88fad9169e7bf10c434fdda
Interested in economics, politics and cryptocurrencies. hakkunhyunbaek@walletofsatoshi.com โ‚ฟmildlylingo92@phoenixwallet.me

๐Ÿ“Š JOB REPORT: US adds 187k jobs in July; unemployment rate drops to 3.5%.

Bureau of Labor Statistics released the payroll report, showing a non-farm payroll increase of 187k jobs in July, slightly below market estimates. Unemployment rate falls to 3.5%, surpassing investor consensus of 3.6%.

Average hourly earnings for non-farm private sector workers rose to $33.74, up 0.4% from last month and 4.4% over the last 12 months. In July, average hourly earnings for production and non-supervisory private sector workers increased to $28.96, up 0.5%.

๐Ÿ“ˆ May's payroll revised from 306k to 281k.

Unemployment at a historic low of 3.5%. Fed may consider further rate hikes due to strong labor market and focus on wage growth. #JobReport #Economy #USjobs

๐Ÿš€ NEWS: Asset managers' focus shifts to Ethereum futures ETFs

Requests pouring in less than two months after the financial regulator received a wave of spot Bitcoin ETF applications from traditional financial institutions, including BlackRock. #Ethereum #ETFs #CryptoNews #Finance #Investment

๐Ÿšจ BREAKING: Grayscale prevails against SEC, opening doors for potential Bitcoin ETF surge by year-end - Bloomberg

Major victory for #Grayscale as they overcome the SEC hurdle, setting the stage for a possible influx of Bitcoin ETF approvals. #Cryptocurrency #Bitcoin #ETFs #CryptoNews

๐Ÿš€ CZ tweeted that the total registered users of #Binance reached 150 million ๐Ÿ”ฅ this week!!!

In July 2022, #Binance revealed that the number of registered users surpassed 120 million. This means that the number of Binance users grew by 30 million in the past year.

According to Similarweb, the top five sources of traffic for Binance in the last three months are Turkey, Vietnam, Russia, Argentina, and India.

#Cryptocurrency #CryptoNews #CryptoExchange #BinanceUsers #CryptoCommunity

๐Ÿ“ฐ The Bank of England raised interest rates by 0.25 percentage point, to 5.25%, the highest level in 15 years. After almost two years of tightening, annual inflation dropped from 10.1% in early 2023 to 7.9% in June. Markets anticipate the bank to hike rates by another 0.5 percentage point before the end of the year.

#BankofEngland #InterestRates #Inflation #Economy #UK #MarketOutlook

๐Ÿ“ฐ Berkshire Hathaway purchased $10 billion in US Treasury bonds this past Monday.

"We acquired $10 billion in Treasury bonds on Monday. And the only question for the next Monday is whether we'll buy $10 billion in 3 or 6-month Treasury bonds," Buffett told CNBC.

#Investment #BerkshireHathaway #Buffett #US #Treasury #Bonds #CNBC

๐Ÿšจ Ilya "Dutch" Lichtenstein has confessed to orchestrating the 2016 Bitfinex hack and pleaded guilty to money laundering charges.

๐Ÿ‡บ๐Ÿ‡ธ The US Department of Justice seized 94,000 out of the 119,000 stolen bitcoins, marking the largest asset seizure in the DOJ's history!

#Bitcoin #Cryptocurrency #Hack #MoneyLaundering #DOJ #Bitfinex

https://nostrcheck.me/media/public/nostrcheck.me_9026029653502491731691119389.webp

๐Ÿšจ๐Ÿ‡บ๐Ÿ‡ธ New records reveal that the Biden administration allegedly requested Facebook to modify its algorithm, raising concerns about media bias ๐Ÿคฏ Whether proven true or not, this highlights the possibility of such actions irrespective of political affiliation.

Bitcoin, powered by Nostr, offers a solution.

#Biden #Facebook #Algorithm #MediaBias #Bitcoin #Nostr

https://nostrcheck.me/media/public/nostrcheck.me_6371795514707970711691119097.webp

๐Ÿš€ BREAKING: Binance users in China conducted monthly transactions worth $90 billion, making it the largest market for the exchange, accounting for 20% of its global trading volume, despite being illegal in the country since 2021.

As of May this year, Binance reportedly had 5.6 million users in China, with 911,650 active users.

#Binance #cryptocurrency #China #trading

๐Ÿ‡ง๐Ÿ‡ท ๐Ÿ‡ท๐Ÿ‡บ ๐Ÿ‡ฎ๐Ÿ‡ณ ๐Ÿ‡จ๐Ÿ‡ณ ๐Ÿ‡ฟ๐Ÿ‡ฆ BRICS countries (Brazil, Russia, India, China & South Africa) join forces to settle global trade in local currencies, moving away from the reliance on the US dollar. #BRICS #GlobalTrade #LocalCurrency #USDAlternatives

๐Ÿšจ BREAKING: US Congressman Warren Davidson affirms the significance of Bitcoin and crypto self-custody in safeguarding freedom. He emphasized the importance of individuals having control over their digital assets. #Bitcoin #Crypto #SelfCustody #DefendFreedom

๐Ÿšจ NEW THREAT: A new macOS-HVNC software surfaced on the dark web, posing a significant risk to macOS users. HVNC aims to pilfer sensitive data, including login credentials, personal info, crypto assets, and financial data. Cybercriminals can remotely control computers with HVNC, granting full system access. Stay vigilant and safeguard your digital assets! #Cybersecurity #MacOS #ThreatAlert #StaySafe

๐Ÿš€ BREAKING: Hong Kong Securities Regulatory Commission grants approval for compliant exchanges to serve retail investors, signaling a significant development in the crypto space. Hashkey Pro and OSL are among the first to meet the requirements. Exciting times ahead for digital asset trading! #HongKong #CryptoRegulation #CryptoNews #FinancialMarkets

๐Ÿšจ Possible data breach at Voyager, as the platform reopened to let clients retrieve their funds amid the judicial liquidation process. Customer data may have been compromised. Stay vigilant and monitor updates! #Voyager #DataBreach #Cybersecurity #CryptoSafety

๐Ÿ” Terraform Labs and Do Kwon's wallets reportedly hold over $161 million in crypto assets, as per Arkham Intelligence. This contradicts a previous audit by Luna Foundation Guard, which claimed they had spent most of the funds to fend off UST.

#Crypto #TerraformLabs #DoKwon #ArkhamIntelligence #LunaFoundationGuard #Cryptocurrency #UST

๐Ÿ“ˆ #Brazil's Copom cuts Selic rate by 0.50 p.p. to 13.25%.

The decision was closely split: 5 votes in favor of 0.50 p.p. cut and 4 votes for 0.25 p.p. cut.

Following the interest rate cut announcement, the ETF replicating Ibovespa in New York rose 2% in After Market trading.

#economy #interestrate #Bovespa #ETF #BrazilianEconomy

๐Ÿšจ BREAKING: The U.S. Congress through the Chinese Communist Party's Select Committee investigates BlackRock and MSCI for facilitating U.S. investments in blacklisted Chinese companies for alleged military support and human rights violations.

#China #BlackRock #MSCI #Investigations #BlacklistedCompanies #StockMarket

๐Ÿš€ Michael Saylor is on a mission to acquire as much #Bitcoin as possible ๐Ÿ‘€

"We will buy as much #Bitcoin as we possibly can."

-Saylor on Bloomberg

Following the money!!!! ๐Ÿ˜‰ #BTC #CryptoNews #CryptoInvestment #MichaelSaylor

๐Ÿš€ Exciting News: Cathie Wood, the Wall Street icon, anticipates the simultaneous approval of several Bitcoin ETFsโ—๏ธ

"(Multiple Bitcoin ETFs) are likely to be approved all at once."

-Cathie Wood

Bullish ๐Ÿš€ #Bitcoin #ETF #Approval #CryptoNews #CathieWood