In July, the US unemployment rate decreased slightly to 4.1%, the lowest since January 2025, despite weaker-than-expected non-farm payrolls showing a loss of 23,000 jobs. Meanwhile, US manufacturing activity expanded at its fastest pace in over four years, driven by strong demand, increased production, and workforce growth. Treasury yields dipped slightly following the job data, and the US and Japan coordinated efforts to support the yen's value in global currency markets. These developments suggest a resilient economy with mixed signals on employment but robust manufacturing performance.
Ethereum price remains steady above the key $1,900 level, supported by strong inflows into US spot Ethereum ETFs totaling $92.15 million on August 6 and $244.94 million for the week—the highest in nearly four months. This momentum is bolstered by dis...
Institutional demand for Bitcoin and Ether ETFs remains strong with over $220 million in net inflows recorded in a single day, led predominantly by BlackRock's funds. This marks the fourth consecutive day of gains, totaling $755 million in inflows, s...
Bitcoin is trading near $64,925, pressed against the upper half of a two-month range with critical resistance at $67,073. A daily close above $67,073 would signal a breakout, potentially pushing Bitcoin toward $74,000, the next major resistance. Conv...
Allstate confirmed a strong underwriting recovery in Q2 with an 86.6% combined ratio and an 84.3% combined ratio for the first half of the year. Auto insurance remained highly profitable, and homeowners insurance returned to profitability despite cat...
A severe security vulnerability in BTCPay Server allowed hackers to access sensitive authentication files (.macaroon) and take control of Lightning Network nodes using LND software, resulting in theft of Bitcoin funds. BTCPay Server urgently advised ...
