Markets

November Jobs Report Due Friday as the Fed's Powell Confirms Slower Pace of Rate Hikes
The employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to the central bank chair.

El horrible noviembre cripto llega a su fin con las “Sam coins” en malas condiciones y Bitcoin cayendo 18%
El token FTT, junto con SRM de Serum y SOL de Solana, se desplomaron en medio del dramático colapso del exchange de Sam Bankman-Fried, FTX. Mientras tanto, bitcoin tuvo su peor pérdida en cinco meses.

MakerDAO Community Votes to Hike DAI Rewards to 1%
Some 71% of voters favored hiking the DAI Savings Rate to 1%, the highest option offered in the voting.

La acción del precio de bitcoin es alentadora, pero puede que no sea una señal de un piso
El precio de la principal criptomoneda necesita cotizar por encima de su media móvil de 21 semanas para confirmar que llegó a un piso, dijo un trader.

First Mover Americas: Crypto's November Fall
The latest price moves in crypto markets in context for Dec. 1, 2022.

Bitcoin's Price Action Is Encouraging, But It May Not Signal Bottom: Traders
The cryptocurrency's price needs to trade above its 21-week moving average to confirm a bottom, one trader said.

Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce
The crypto exchange is cutting 30% of its global staff. ALSO: Bitcoin surges along with equity markets on the Federal Reserve Chair’s dovish tone in a speech Wednesday.

Bitcoin Correlation With the Dollar Index Turns Negative, Again
Asset managers reduced long positions in BTC for a third consecutive week.

Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%
The FTT token, along with Serum's SRM and Solana's SOL, plunged amid the dramatic collapse of Sam Bankman-Fried's FTX exchange. Bitcoin had its worst loss in five months.

Fed Likely to Raise Rates by 50 Basis Points in December; Bitcoin Jumps
Federal Reserve Chair Jerome Powell said that "it makes sense to moderate the pace of our rate hikes" as soon as December.

