CryptoBreaking News

The US unexpectedly lost 23,000 jobs in July while unemployment fell to 4.1%, a decline driven by fewer people participating in the labor force rather than stronger employment. Bloomberg News Economics Chief US Economist Anna Wong joins Bloomberg This Weekend and explains to hosts David Gura and Christina Ruffini that the weak payrolls and persistent downward revisions point to a softer labor market and could reduce pressure on the Fed to raise rates in September.

The Senate confirmed Todd Blanche as Attorney General despite initial opposition from multiple senators concerned about Blanche's ties to President Trump. A deal was struck in the early hours to secure enough votes with key holdouts such as Senator Bill Cassidy changing his position. Bloomberg News Washington Deputy Bureau Chief Laura Davison joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the tense and closely watched process.

Trump Media (NASDAQ:DJT) has mutually terminated its partnership with Crypto.com and special purpose acquisition company Yorkville Acquisition, ending the Trump Media Group CRO Strategy project that aimed to establish a publicly listed entity dedicated to acquiring and staking Cronos (CRYPTO:CRO).

The United States Senate passed a temporary government funding measure on Saturday, extending federal agency funding through 11 December 2026 in a bid to prevent a government shutdown at the start of the new fiscal year on 1 October 2026.

A US official has stated that negotiations between Iran and Oman regarding the Strait of Hormuz have made progress and that an agreement is expected to be reached soon, according to Xinhua News Agency reporting on 8 August 2026.

US Chairman of the Joint Chiefs of Staff Dan Caine has been privately seeking ways to disengage from the ongoing conflict with Iran, according to three sources familiar with the matter who spoke to media on 7 August 2026.

A cryptocurrency whale withdrew 30,000 Ethereum (CRYPTO:ETH) from Coinbase Prime, valued at approximately US$57.21 million at the time of the transaction, according to on-chain monitoring data published by Onchain Lens.

South Korean printed circuit board and packaging substrate manufacturers delivered strong second-quarter results, with Citrini analyst Jukan projecting continued momentum and improved profit expectations for the third quarter.

The White House has increased its investment in critical minerals and materials, a policy shift described as "surprising" by market analyst Serenity, who noted it will support the development of US critical supply chains.

A cryptocurrency whale is facing an unrealised loss of more than US$710,000 on a heavily leveraged short position against Bitcoin (CRYPTO:BTC), according to monitoring data published by TradingBeats, formerly known as Hyperinsight.

JPMorgan Chase (NYSE:JPM) has revised its 2026 corporate bond issuance forecast for the technology, media, and telecommunications sector upward from US$450 billion to US$540 billion, projecting total annual volume to exceed US$500 billion.

• BlackRock (NYSE:BLK) launched two tokenised money market products for regulated US stablecoin reserve management.
• Its existing BUIDL fund holds more than US$2.6 billion, while USDC circulation stood at US$72.3 billion on 27 July.
• Regulatory eligibility, blockchain interoperability and institutional access remain key barriers as tokenised Treasury products expand.