Tag: Report

U.S. jobs report sends mixed signals, Bitcoin traders eye Fed’s next move

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U.S. jobs growth in May was in line with expectations, suggesting that the Fed may keep rate cuts on schedule. Despite earlier expectations, U.S. jobs data was not the major crypto market mover this week. On Friday, June 6, U.S. hiring slowed, with employers adding 139,000 new jobs. While this figure was lower than the revised 147,000 for April, it was still slightly above the forecasted range of 125,000 to 130,000. U.S non-farm payroll monthly change, seasonally adjusted | Source: BLS At the same time, the unemployment rate remained at…

PUMP Token Faces Doubts as 60% of Users Report Losses

Key Notes 60% of Pump.fun wallets are at a loss, with 1,700+ wallets losing over $100K. Trading bots are inflating Pump.fun volume, raising manipulation concerns. The PUMP token launch aims to raise $1B through a community-driven model. As the Solana SOL $150.9 24h volatility: 4.2% Market cap: $79.06 B Vol. 24h: $3.65 B token launchpad Pump.fun gears up for the upcoming PUMP token launch, on-chain data shows that around 60% of wallet addresses on the platform are currently operating at a loss, with over 1,700 wallets each down more than…

Binance Report Shows 260% Growth in RWA Tokenization Market

Key Notes Tokenized private credit dominated the sector, accounting for 58% of the market share, followed by tokenized US Treasury debt at 34%. The sector is benefiting from evolving crypto regulations as the SEC classifies RWAs as securities. Major financial players like Goldman Sachs and Mastercard are exploring tokenization opportunities. Binance Research recently published a new report revealing that the RWA tokenization market experienced a significant 260% growth during the first half of this year. This growth is largely attributed to increasing regulatory clarity in the crypto space, which has…

JPMorgan Plans to Allow Financing Against Crypto ETFs: Report

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JPMorgan, the largest bank in the United States by assets, plans to offer trading and wealth-management clients the option of using crypto-linked assets as collateral for loans, according to a June 4 report from Bloomberg. The bank is set to allow financing against crypto exchange-traded funds (ETFs) in some weeks. JPMorgan will begin with BlackRock’s iShares Bitcoin Trust, which, according to Sosovalue.com, is the largest US spot Bitcoin (BTC) ETF with $70.1 billion in net assets. The bank will also consider clients’ crypto holdings when assessing net worth, treating digital…

Galaxy Report: Crypto Lending Dips Slightly, Bitcoin Treasuries, Futures Drive New Leverage

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Crypto leverage diversified significantly in Q1 2025, moving beyond traditional lending as corporate bitcoin purchases and futures markets gained prominence, according to a Galaxy Digital report published June 4. Galaxy Study Dives Deep Into the Shifting Trends of Crypto Leverage in Q1 2025 Galaxy Digital’s latest study written by research analyst Zack Pokorny notes that […] Original

MoonPay Bags BitLicense From New York: Report

Key Notes MoonPay is now holding the BitLicense from the NYDFS. Robinhood, PayPal, Coinbase, and Circle also hold related licenses. The firm has continued to print new partnerships that may soar with the BitLicense. Popular crypto money transmitter and infrastructure firm MoonPay has secured the acclaimed New York BitLicense. This BitLicense and money transmitter licenses ensure the firm has legal backing to provide its services in the region. The Sacred BitLicense Hall of Fame As crypto Journalist Eleanor Terrett reported, the New York State Department of Financial Services (NYDFS) handed…

How to use Chainabuse and Scamwatch to report a Bitcoin scammer

Key takeaways Chainabuse allows anyone to publicly share information with enforcement, helping make crypto fraud more transparent, but it’s not a confidential legal channel.  Scamwatch helps raise public awareness about crypto scams in Australia and gathers reports to support national anti-scam efforts, but it does not investigate or take enforcement action. Even if funds can’t be recovered, reporting a Bitcoin scam can prevent someone else from falling into the same trap. Staying vigilant, avoiding suspicious links or promises of guaranteed returns and double-checking addresses can help protect your crypto. It…

Pump.fun rumored to launch token with $1B raise, 10% airdrop: Report

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Solana-based memecoin launchpad Pump.fun is rumored to be preparing for a $1 billion token sale at a $4 billion valuation. On June 3, a community member posted on X about a Pump.fun token launch within the next two weeks, with listings on multiple centralized exchanges and a 10% airdrop allocated to community members. Speculation intensified following a Blockworks report citing anonymous sources saying the launchpad — known for its instant token creation feature — would raise $1 billion through a token sale. The report claimed three sources confirmed the sale…

Report: Tether’s USDT Dominates Stablecoin Payment Market, Tron Most-Used Chain

Stablecoins have quietly exploded into a multi-billion-dollar payments juggernaut, with several businesses leading the charge – and Tether dominating the field. Artemis, Castle Island, Dragonfly Study: Stablecoin Monitoring Shows Several Unique Trends Stablecoin payments totaled $94.2 billion from January 2023 through February 2025, according to a new industry study. The research, conducted by analytics firm […] Source CryptoX Portal

Report: Coinbase Knew of Data Leak Months Before $400M Breach

Coinbase was informed of a customer data leak at its outsourcing partner, Taskus, some four months before a significant breach that is expected to cost the company $400 million. Breach Causes 200 Employees to Lose Jobs? U.S. cryptocurrency exchange Coinbase was made aware of a customer data leak at one of its outsourcing companies four […] Source CryptoX Portal