🇺🇸U.S. Economic Data This Week:
*Factory Orders (Mon.)
*Adp Nonfarm Payrolls (Wed.)
*Jolts Job Openings (Wed.)
*Jobless Claims (Thurs.)
*Nonfarm Payrolls (Fri.)
*Unemployment Rate (Fri.)
*Average Hourly Earnings (Fri.)
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Fin Watch 🌏
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🌟 Certified Financial Market News updates on Nostr
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📣 Goldman Sachs' Asset Management arm $GS is reportedly interested in acquiring Subway for an estimated $10 Billion
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Just In: 🇺🇸 Fed Official Says Additional Rate Increases Are Required To Cool Prices.
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🚩 The $1.8 Trillion Student Debt Bubble Is About To Burst, Per Bloomberg.
As After A Three-Year Pause, Payments On Federal Student Loans Are Set To Resume In The Next Six Months.
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⚡️The World Bank said Friday that the earthquakes that struck in February caused about $5.1 billion in damage to Syria.
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💰 Bitcoin is growing faster than every bank and financial company in history.
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Tech Layoffs in 2023:
1. Amazon: 18,000 employees
2. Google: 12,000 employees
3. Microsoft: 10,000 employees
4. Coinbase: 20% of employees
5. Twilio: 17% of employees
6. Zoom: 15% of employees
7. Salesforce: 10% of employees
8. PayPal: 7% of employees
9. Dell: 5% of employees
10. Zillow: 5% of employees
We’ve had a total of 125,000 tech layoffs in the first 2 months of 2023.
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💰 Energy Gravity, the break-even electricity rate for the latest Bitcoin ASICs, is $0.11/kWh
If ASICs outperform nearly every other power buyer, BTC is likely to be temporarily overvalued. Margins are currently tight, indicating that BTC could face another wave of adoption.
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📣 ⚡️Warren Buffett-Backed Neobank Nubank Launches Own Currency Nucoin, its own cryptocurrency.
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⚡Mastercard And Others Are Used By Australia's Central Bank To Test CBDC Use Cases.
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A record 67% of Bitcoin's supply hasn't moved in at least a year
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🚨IMP Event to Watch in March 📈
- US CPI release on March 14th
- FOMC meeting on March 22nd
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🇷🇺 Russia To Launch Its First Mutual Investment Fund For Cryptocurrency Mining Operations.
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Crypto․com suspends USD deposits and withdrawals via Silvergate.
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Watcher Guru
Crypto․com Suspends US Dollar Transfers via Silvergate
According to the details shared by Crypto.com, the exchange is suspending US dollar transfers via Silvergate.
🇺🇸 U.S. JOBLESS CLAIMS RISE 190,000; EST. 195,000; PREV. 192,000
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🇺🇸 U.S. JOBLESS CLAIMS RISE 190,000; EST. 195,000; PREV. 192,000
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⚡️ Microsoft’s $MSFT proposed acquisition of Activision Blizzard $ATVI is reportedly likely to be approved by EU regulators according to Reuters
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