🚀 Monochrome Bitcoin ETF Holdings Reach 138 BTC
#Monochrome #Bitcoin #ETF #BTC #Australia #BlockBeats #September2023
According to BlockBeats, as of September 12, the Australian Monochrome Spot Bitcoin ETF (IBTC) has reached a holding of 138 BTC. This information was confirmed through official sources on September 13.#Monochrome #Bitcoin #ETF #BTC #Australia #BlockBeats #September2023
🚀 US September Manufacturing PMI Hits 15-Month Low
#ManufacturingPMI #USPMI #EconomicData #S&PGlobal #September2023 #ServicesPMI #MarketTrends
According to Odaily, the preliminary reading for the U.S. September S&P Global Manufacturing PMI has dropped to 47, marking a 15-month low. This figure falls short of the expected 48.5 and is lower than the previous value of 47.9.
In contrast, the preliminary reading for the U.S. September S&P Global Services PMI stands at 55.4, slightly above the anticipated 55.3 but slightly below the previous value of 55.7.#ManufacturingPMI #USPMI #EconomicData #S&PGlobal #September2023 #ServicesPMI #MarketTrends
🚀 Network Liquidations Reach $25.41 Million in Four Hours
#NetworkLiquidations #Coinglass #BlockBeats #CryptoMarket #LiquidationEvents #September2023
According to BlockBeats, data from Coinglass revealed that on September 26, the total amount of liquidations across the entire network in the past four hours amounted to $25.4108 million. Of this, $18.3399 million was liquidated from long orders, while $6.7679 million was liquidated from short orders.#NetworkLiquidations #Coinglass #BlockBeats #CryptoMarket #LiquidationEvents #September2023
🚀 Polymarket Achieves Record Trading Volume And User Growth In September
#Polymarket #TradingVolume #UserGrowth #PredictionMarket #BlockBeats #Dune #ActiveUsers #NewUsers #September2023 #RecordHigh
According to BlockBeats, data from Dune indicates that the prediction market Polymarket reached a record trading volume of $533 million in September, marking a 12.9% increase from the previous month.
Additionally, Polymarket saw a significant rise in active monthly trading users, reaching 90,037 in September, which is a 41.5% increase compared to the previous month. The platform also experienced a substantial growth in new users, with 89,958 new users joining in September, representing a 25.5% increase month-over-month.#Polymarket #TradingVolume #UserGrowth #PredictionMarket #BlockBeats #Dune #ActiveUsers #NewUsers #September2023 #RecordHigh
🚀 US September Nonfarm Payroll Report To Be Released Amid Fed Rate Cuts
#NonfarmPayroll #USEconomy #FederalReserve #RateCuts #UnemploymentRate #LaborMarket #Inflation #JobMarket #EconomicReports #September2023
According to Odaily, the United States will release its September nonfarm payroll report on Friday, October 4, at 20:30 UTC+8. This report is significant as it is the first since the Federal Reserve opened the door to rate cuts with a 50 basis point reduction. It is also one of the two nonfarm payroll data releases before the November meeting. With inflation receding, the performance of the job market has become the Federal Reserve's primary concern.
A Reuters survey indicates that nonfarm payrolls are expected to increase by 140,000 in September, significantly lower than the average monthly increase of 202,000 over the past 12 months. The unemployment rate is anticipated to remain unchanged at 4.2%. Despite the Federal Reserve's rate hikes, the U.S. economy has shown remarkable resilience, avoiding the widely predicted recession. However, the job market has gradually lost momentum. From June to August, the average monthly net increase in new jobs was only 116,000, the lowest three-month average since mid-2020.
Last month, the Federal Reserve cut rates by 50 basis points to a range of 4.75%-5.00%, marking the first rate cut since 2020. This move aimed to alleviate growing concerns about the health of the labor market. Federal Reserve Chairman Jerome Powell stated on October 1 that he does not want the job market to continue cooling. Analysts expect the Federal Reserve to cut rates again in November and December, though the extent of these cuts remains uncertain. Powell mentioned that if the economy performs as expected, there would be two more 25 basis point rate cuts this year.#NonfarmPayroll #USEconomy #FederalReserve #RateCuts #UnemploymentRate #LaborMarket #Inflation #JobMarket #EconomicReports #September2023
🚀 Crypto Companies Raise $823 Million In September
#Crypto #Funding #Investment #DeFi #TokenSales #Ecosystem #Humanode #SybilResistance #Blockchain #September2023 #TIA #TON
According to Blockworks, crypto companies raised a total of $823 million in September, distributed across 200 different companies. Leading the list was Celestia’s ecosystem fundraise of $100 million, followed by Infinex, which raised $65 million through public token sales. Strategic funding, such as Celestia’s, contributed significantly to the total amount, bolstered by TON Foundation’s ecosystem fundraises. However, seed rounds were the most common, with 41 companies securing seed funding last month, according to TIE data.
DeFi companies also saw substantial funding, with 33 companies announcing raises. Despite this, Protocol Development led in terms of total funds raised, accumulating $192 million. As October begins, the funding landscape appears quieter, with only a few token unlocks anticipated later in the month.
In a related development, Humanode has launched an Ecosystem Funding Program worth $10 million, aimed at supporting and nurturing the next generation of Sybil-resistant projects on its chain. The program will initially focus on consumer dapps with the potential to reach one million unique users. Humanode plans to collaborate with selected projects, offering not only funding but also technical, media, and community-building support. The team, including the founders and other core members, will assist these projects throughout the process.
Dato Kavazi, co-founder of Humanode, emphasized the importance of investing in people and projects that understand the value of Sybil-resistance in their dapps. The goal is to support projects that have the drive and potential to make a significant impact in the industry.#Crypto #Funding #Investment #DeFi #TokenSales #Ecosystem #Humanode #SybilResistance #Blockchain #September2023 #TIA #TON
🚀 US September CPI Data To Be Released Tonight
#CPI #USData #September2023 #ConsumerPriceIndex #BlockBeats
According to BlockBeats, the United States' September unadjusted Consumer Price Index (CPI) year-over-year data is scheduled to be released tonight at 20:30 UTC+8.
The expected year-over-year CPI for September is projected to be 2.3%.#CPI #USData #September2023 #ConsumerPriceIndex #BlockBeats
🚀 Institutions Predict US September Core CPI Growth
#CPI #ConsumerPriceIndex #FinancialForecast #USEconomy #CoreCPI #Inflation #September2023 #EconomicIndicators
According to Odaily, 37 financial institutions have provided their forecasts for the United States' September seasonally adjusted core Consumer Price Index (CPI) month-over-month growth. The previous value was +0.3%, and Reuters' expectation is +0.2%. The detailed predictions are as follows:
ANZ, ABN AMRO, Commerzbank, Barclays, NatWest, TD Securities, UniCredit, Société Générale, Lloyds, ASB Bank, Standard Chartered, High Frequency Economics, Scotiabank, Danske Bank, DZ Bank, ING, Moody's Analytics, Jefferies, BMO, Commonwealth Bank of Australia, Oxford Economics, RBC, Deutsche Bank, Sumitomo Mitsui, CIBC, and BNP Paribas all forecast a +0.2% increase.
Meanwhile, Bank of America, Capital Economics, Citibank, HSBC, Wells Fargo, JPMorgan, Nomura, Pantheon Macroeconomics, UBS, Goldman Sachs, and Morgan Stanley predict a +0.3% rise.#CPI #ConsumerPriceIndex #FinancialForecast #USEconomy #CoreCPI #Inflation #September2023 #EconomicIndicators
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🚀 US Core CPI Rises to 3.3% in September, Surpassing Expectations
#CPI #CoreCPI #Inflation #EconomicNews #USEconomy #September2023 #MarketExpectations
According to PANews, the United States' core Consumer Price Index (CPI) for September recorded an annual rate of 3.3%, marking the highest level since June. This figure exceeded market expectations, which had anticipated a 3.2% increase.#CPI #CoreCPI #Inflation #EconomicNews #USEconomy #September2023 #MarketExpectations
🚀 Chicago Fed Estimates September Unemployment Rate at 4.3%
#ChicagoFed #UnemploymentRate #September2023 #AustanGoolsbee #LaborMarket #EconomicOutlook #USEconomy
According to BlockBeats, Chicago Federal Reserve President Austan Goolsbee stated that the Chicago Fed estimates the unemployment rate for September should have been 4.3%. This assessment comes amid ongoing discussions about the economic outlook and labor market conditions in the United States.#ChicagoFed #UnemploymentRate #September2023 #AustanGoolsbee #LaborMarket #EconomicOutlook #USEconomy