
US Payroll Growth Slows Sharply to 57,000 in June, Easing Fed Rate Hike Concerns
The U.S. economy added only 57,000 jobs in June, a sharp slowdown that could temper market expectations for a Federal Reserve rate hike.
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The U.S. economy added only 57,000 jobs in June, a sharp slowdown that could temper market expectations for a Federal Reserve rate hike.

Recent comments from former Fed official Kevin Warsh have set the stage for a potential rally in Bitcoin and gold, pending the release of U.S. jobs data on July 2, 2026.

Standard Chartered and Circle launched bank-led USDC minting and redemption for institutions, starting in Dubai’s DIFC with global expansion plans.

Bitcoin and major cryptocurrencies rebounded significantly, driven by dovish Federal Reserve signals, with Memecore’s M and Audiera’s BEAT leading gains.

ChatGPT developer OpenAI reportedly discussed offering the U.S. government a 5% stake, aiming to involve the public in AI and reduce political scrutiny.

Bitcoin has maintained its position above the crucial $60,000 threshold, showcasing resilience amidst global market reactions to the Japanese Yen's surge.

OpenAI reportedly discussed offering the U.S. government a 5% equity stake during early Trump administration talks as AI model oversight tightens.

FBI Director Kash Patel reportedly failed to timely disclose a six-figure investment in MicroStrategy (MSTR) shares, a key Bitcoin holder.

Bitcoin surged past the $60,000 mark for the first time in over a week after Fed Chair Kevin Warsh signaled reduced inflation risks, with Solana leading altcoins up 16%.

Venice AI, launched in May 2024, has reached unicorn status with a $1 billion+ valuation following its first external capital raise.

Trump's American Bitcoin shares plummeted 8.4% on Wednesday ahead of a reverse stock split aimed at keeping its Nasdaq listing.

Robinhood has rolled out its public mainnet after months of testing, alongside plans to launch crypto trading for UK residents.

Franklin Templeton transferred a tokenized US Treasury to Virtu Financial on the Canton Network, marking the first real-time transaction settled against USDCx.

Retail trading giant Robinhood has officially rolled out its own public blockchain, signaling a deeper expansion into the cryptocurrency ecosystem.

Anchorage Digital has integrated off-exchange settlement capabilities with Binance, aiming to mitigate exchange counterparty risk for institutional investors.

Investment bank Jefferies has advised against buying shares in Circle, the issuer of the USDC stablecoin, citing new competition from the Stripe and Coinbase-backed Open USD.

Investment bank Cantor Fitzgerald suggests Bitcoin's bear market may be nearing its end, anticipating a market bottom in the coming months.

Bitcoin's price surged towards $60,000 after Fed Chair Warsh indicated a decrease in inflation risks.

French banking giant Crédit Agricole launched its EURXT euro stablecoin with 20 million tokens in circulation, backed 1:1 by euro reserves.

Citi slashes its 12-month Bitcoin and Ether price targets, scrapping ETF inflow forecasts due to stalled US crypto legislation and weak demand.

Market watchers anticipate that macroeconomic policy and market structure will take center stage in the second half of the year, following AI-driven equity gains and Bitcoin's lag.

Bernstein analysts suggest OUSD could become a strong new challenger to the dominant Circle-Tether stablecoin duopoly.

Crédit Agricole's institutional banking arm, CACEIS, has launched EURXT, a euro-pegged stablecoin on Ethereum, with an initial issuance of 20.02 million tokens.

Ark Invest deployed over $75 million into crypto company shares during June's market downturn, adhering to its "buy the dip" strategy.