4.6% Unemployment? The Fed’s in a Tizzy! 😱

When economists submitted their predictions of unemployment for the past two months, they expected bad news, and on Tuesday, jobs data published by the Bureau of Labor Statistics (BLS) lived up to the gloomy projections. November gained 64,000 jobs, significantly more than the 50,000 experts predicted, but October saw 105,000 job losses, and now, the unemployment rate has crept up to 4.6%, its highest level in four years. Stocks were in the red, but surprisingly, bitcoin, in another counterintuitive move, climbed 2.5% 🦄.

Shocking Claims: Ben Pasternak’s Token Sales Scandal Unveiled!

Now, let’s talk about Kled, the company that compensates users for their personal data by making them label photos and essays. Sounds like a delightful way to spend your weekend, right? They then sell this goldmine of information to AI companies, who presumably use it to train software to do… well, something advanced that we don’t understand. 🤖

Crypto Titans Unite: Anchorage Devours Securitize’s Wealth Unit-Will It Digest?

The deal, announced with the subtlety of a state decree, now binds Securitize For Advisors to Anchorage Digital’s apron strings. Financial terms? Naturally undisclosed-why burden the masses with numbers when propaganda suffices? This unit, a relic for registered investment advisors (RIAs), offers “tools” to dabble in digital assets, trading interfaces, and client portfolios-all within a “regulated framework,” i.e., a cage with a compliance officer as warden.

Why Bitcoin Might Flop Back to $10,000-And No One Will Be Surprised

Cast your mind back to 2020-a simpler time, when Bitcoin flirted flirtatiously near $10,000. Ah, yes, Michael Saylor and his ilk swooped in like the wealthy debutantes, buying in bulk and absorbing the supply like it was a fancy canapé at a gala. Their acquisitions made the price rise faster than expectations at a Wilde soirée, attracting more admirers-er, buyers-without needing fresh demand. Such a charming dance of supply and demand.

Crypto Collapse: AI Bubble Bursts, Jobs Vanish, and Bitcoin Weeps 😭

The CoinDesk 20 Index, that barometer of despair, fell 4.3%, its members united in their downward spiral. Traditional markets, too, joined the funeral procession, with the Nasdaq Composite shedding 2.6% on Monday. The AI bubble, that shiny mirage, may burst, and the jobs report looms like a hangman’s noose. The U.S. will reveal its labor wounds on Tuesday-brace yourselves. 🇺🇸