Latest financial and economic news and analysis
US employers unexpectedly cut jobs in July and hiring over the previous two months was revised lower. 23,000 jobs were lost, the estimate was for a gain of 80,000 jobs.
The Labor Department reported that payrolls declined 23K in July, well below expectations of growth of nearly 100K. Unemployment, on the other hand, declined to 4.1%.
With trading volume rising by more than 116 percent over the last day as ADA surpassed the crucial $0.20 level, Cardano has produced one of its best sessions in weeks. Although the asset's bullish sentiment has been rekindled by the increase in activity, the technical picture indicates that the market still faces significant obstacles before a long-term bull run can start.
Base's dominance in on-chain Bitcoin trading highlights a rapid market consolidation, challenging competitors and reshaping the crypto landscape. Base records $4B in spot Bitcoin trading in July, capturing half of all on-chain volume.
Gold and silver just posted their strongest week of 2026. Bitcoin (BTC) sat it out.
Doximity had a solid first quarter and raised its full year revenue guidance. But AI search isn't baked into these forecasts, analysts believe, and it's bringing in 10 times the revenue it costs to run, the CEO revealed on the conference call.
Ethereum's shrinking dominance in tokenized ETFs highlights growing competition and innovation in blockchain finance, impacting market dynamics. Ethereum holds 52% of tokenized ETF market cap at $639M.
The Senate punted the CLARITY Act to September and Bitcoin rose anyway. The chart explains why, and it is not the story most people are telling.
Bitcoin climbed above $65,000 on August 7 while Ethereum pushed toward $1,930 as weaker-than-expected U.S. employment data triggered a broader relief rally across risk assets.
Bitcoin hovered around $65,000 Friday, while Ether traded near $1,903 and the broader crypto market stayed mostly flat ahead of US jobs data. US payrolls fell by 23,000 in July versus an expected 83,000 gain, while unemployment slipped to 4.1%, strengthening expectations the Fed will hold rates at 3.50% to 3.75% in September.
The US jobs report finally gave markets the catalyst they had been waiting for, sending the Dollar sharply lower and precious metals surging as traders scaled back expectations for another Fed rate hike. Nonfarm payrolls unexpectedly fell -23K in July, compared with expectations for an 85K increase, but the headline shock was only part of the story.
![Silver (XAG) Elliott Wave analysis: Final push higher before reversal [Video]](https://static.pipvero.com/uploads/2026-08/general-1-1786109438-fb0f1cc72e9ec9d5.webp)
Silver (XAG) Elliott Wave analysis: Final push higher before reversal [Video]
Circle's integration of native USDC on X Layer enhances DeFi, cross-chain transfers, and AI payments, boosting blockchain interoperability. Circle integrates native USDC and CCTP on X Layer blockchain.
Crypto analyst Ali Martinez says the Bitcoin (CRYPTO: BTC) bull market has arrived, pointing to three signals on the monthly chart that have historically aligned with major cycle bottoms. What The Three Signals Are Saying Ali Charts posted a five-part thread on X laying out the case.
The U.S. jobs report has come in softer than expectations, with the U.S. economy losing 23,000 jobs last month. Bitcoin has climbed on the back of the macro data, which signals that the labor market is still showing signs of weakness.
