24: Employment Shock Drop
21 August 2024
US employment fell by 818,000 jobs in the latest Government revision. I'll break down the report and what it means for Bitcoin. Plus, a batch of news, Bitcoin basics, and more.
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News Links
- The Bitcoin Office (@bitcoinofficesv): “🇸🇻EL SALVADOR CONTINUES TO TRAILBLAZE! El Salvador will soon begin providing #Bitcoin instruction and certification to 80,000 public servants.” | X Cancelled
- Illicit Finance - National Crime Agency
- German Authorities Seize $279,000 in Bitcoin ATM Crackdown - Decrypt
- Nonfarm payroll growth revised down by 818,000, Labor Department says
- Nonfarm payroll growth revised down by 818,000, Labor Department says
- Fed’s Powell Confronts Policy Crossroads With All Eyes on Jackson Hole - Bloomberg
- Powell may use Jackson Hole speech to hint interest rate cuts | AP News
- Watch Live: Fed Chair Jerome Powell at Jackson Hole | WSJ - YouTube
- Bitcoin ETFs Record 14% Increase in Institutional Investors’ Adoption | Coinspeaker
- Why Wall Street Is Investing in Bitcoin ETFs: A Q2 2024 Analysis
- Grayscale’s Share of Bitcoin ETF Market Falls Below 25% as Rivals Rise - Decrypt
- Institutions Increased Their Bitcoin (BTC) ETF Allocation in Second Quarter, Bitwise Says
- Spot Bitcoin ETFs maintain positive flows for 8 out of the last 10 days
- vitalik.eth on X: “I have been told that I need to “do less philosophizing and do more ethereum bullposting”.
Noobie Corner Links
- The Lightning Network, Explained. Bitcoin has a frequently cited… | by Blockchain.com | @blockchain | Medium
- Bisq - A decentralized bitcoin exchange network
- Learn RoboSats
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- Anatomy of Bitcoin
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