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Bitcoin rebounds from drop with equity indices as strong US jobs data poses challenge to Fed rate
Bitcoin rebounds from drop with equity indices as strong US jobs data poses challenge to Fed rate

Bitcoin ticked higher despite global equity indices dropping after stronger-than-expected U.S. employment data.Strong labor market indicators suggest inflationary pressures might persist, making the U.S. Federal Reserve more cautious about ending its higher-for-longer interest rate policy.

The Block·2024/06/07 14:28
Flash
  • 15:38
    The last 24 hours across the network contract burst $ 179 million, long and short double burst
    March 13, data show that the cryptocurrency market in the past 24 hours the whole network contract burst 179 million U.S. dollars, of which the long single burst 83.3543 million U.S. dollars, short single burst 95.490 million U.S. dollars.BTC burst a total of 66.6670 million U.S. dollars, ETH burst a total of 33.5316 million U.S. dollars.
  • 15:37
    MoonPay Buys Stablecoin Firm Iron for at Least $100 Million: Sources Informed
    March 13 (Bloomberg) -- Crypto payments company MoonPay has acquired API-focused stablecoin infrastructure company Iron for a ‘nine-figure’ sum, meaning it is worth at least $100 million, people familiar with the matter said, according to The Block. This follows news earlier today that crypto payments company MoonPay has acquired stablecoin company Iron.
  • 14:58
    Tokeny writes to SEC suggesting: Digital securities should not change regulation due to technical form
    According to documents disclosed by the U.S. Securities and Exchange Commission, Tokeny, a financial institution blockchain operating system provider, recently wrote to the SEC's crypto working group with suggestions on digital securities regulation. The company proposed four main suggestions in the letter: Adopt the same rules for identical assets and do not change regulatory methods due to technological forms;Recognize tokens as legitimate proof of ownership;Avoid adding extra custody requirements for digital securities;Allow the use of blockchain as a settlement layer without hindering trade discovery.
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