Bitwise cuts 14% of jobs as BITW assets fall 31% in 2026
Bitwise Asset Management has cut 14% of its workforce, reducing its global team to about 155 employees as the crypto asset manager operates through a...
Tag : Jobs
Bitcoin Still in Death Cross as Jobs Miss Cuts Rate-Hike Odds
In brief Bitcoin trades at $64,938, up 1.06% on the day, but stuck below iboth the short-term and long-term moving averages. The U.S. economy shed...
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin (BTC) hit new August highs into Friday’s Wall Street open as markets reacted to weaker US jobs numbers. Key points: Crypto and risk assets...
Bitcoin price slips below $65K after US jobs data
Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Summary Bitcoin...
U.S. crypto industry supports 232,000 jobs and adds $55B to economy: report
The U.S. cryptocurrency industry directly employs about 34,000 people and supports an estimated 232,000 jobs across the broader economy, according to a new report commissioned...
Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffs
In brief The Federal Reserve named Xbox CEO Asha Sharma to a task force studying AI’s impact on jobs and productivity. Sharma joins Marc Andreessen...
A16z’s Marc Andreessen joins Fed task force on AI and jobs
The Federal Reserve has named Andreessen Horowitz co-founder Marc Andreessen to help lead a task force studying artificial intelligence, productivity and employment. Summary Marc Andreessen...
Bitcoin ETFs end 10-day outflow streak as weak jobs data lifts market sentiment
U.S. spot Bitcoin exchange-traded funds have recorded $221.7 million in net inflows, ending a 10-day withdrawal streak as softer U.S. economic data and easing Federal...
Bitcoin News: A Weak Jobs Report Just Slashed Fed Rate Hike Odds in Half, And Bitcoin Bounced Off $57,750 to Reclaim $61,000
Bitcoin price clawed back the $62,000 level after June non-farm payrolls printed at 57,000, less than half the 113,000 consensus، sending the implied probability of...
Bitcoin holds $61K after US jobs data report, AI sector weakness: Did BTC bottom?
Key takeaways: Soft US jobs market data triggered a rotation of capital from overheated AI stocks into Bitcoin and gold. Bitcoin onchain indicators hint at...