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Goldman Sachs: US Could Lose 50,000 Jobs in October

2 hours ago

On November 11th, Goldman Sachs estimated that the US non-farm payrolls decreased by approximately 50,000 in October, which was the largest decline in 2020. Its employment growth tracker slowed down from 85,000 in September to 50,000. Additionally, due to the Trump administration's "delayed departure plan", about 100,000 positions were cut. The bank pointed out that the number of layoffs is on the rise, indicating weakness in the labor market. (FX678)
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OKX will list ALLO-USD perpetual contract

November 12th. According to the official announcement, OKX is scheduled to officially launch the ALLOUSDT perpetual contract on November 12th, 2025, at 12:45 PM (UTC+8) across the web, app, and API, with a maximum leverage of 50x.

4 minutes ago

CFX Surges Above $0.14, Up Over 45% in 24 Hours

On November 12th, based on HTX market data, CFX exceeded $0.14 and is currently trading at $0.1422, with a 24-hour increase of 45.4%.

4 minutes ago

Bank of England Deputy Governor Broadbent: Weakening Stablecoin Regulation Poses Risks

On November 12th, the Deputy Governor of the Bank of England, Broadbent, stated that more work still needs to be done to guide consumers in identifying the unsafe tokens issued by El Salvador. Previous incidents such as the withdrawals from Silicon Valley Bank and Circle have provided guidance for the latest stablecoin proposal. Weakening stablecoin regulation poses risks. The UK needs to adopt a different approach to stablecoins compared to the US. The new stablecoin rules are based on past stress events. (FX678)

4 minutes ago

U.S. House Democratic Leader: Will Oppose Short-Term Funding Bill Without Lower Health Care Costs Act Subsidies

On November 11th. US House Democratic Leader Jeffries declared that he will be opposed to a short-term spending bill which does not include subsidies for the Affordable Care Act. (Golden Finance)

4 minutes ago

The U.S. Attorney's Office Seeks Retrial Next Year of MIT Recent Graduate $25 Million Cryptocurrency Theft Case

On November 11th, as per Bloomberg, U.S. federal prosecutors are endeavoring to retrial two brothers who are accused of filching around $25 million worth of cryptocurrency from traders on the Ethereum blockchain. According to the court documents submitted later on Monday, U.S. government attorneys have requested District Court Judge Jessica Clarke to expedite the scheduling of a new fraud trial, which could potentially be as early as February. The two defendants in question are James and Anton Peraire-Bueno, both recent graduates of the Massachusetts Institute of Technology (MIT).

4 minutes ago

Canary Submits 8-A Form for First Physical XRP ETF

On November 11th, cryptocurrency journalist Eleanor Terrett reported that Canary has submitted the XRP 8-A form, which represents the final stage before its effective date. Once Nasdaq approves its listing, it is anticipated to take effect at 5:30 p.m. Eastern Time on Wednesday. At that moment, the final obstacle will be overcome, and the first XRP spot ETF will officially commence trading on Thursday.

4 minutes ago