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Crypto’s ‘age of speculation’ may be over, says Galaxy CEO Mike Novogratz
Throughout its history, bitcoin and cryptocurrencies have been subject to significant price fluctuations, whether that’s due to larger macro factors impacting all asset classes or during “crypto winters” tied to industry concerns. But with a crypto-friendly Trump administration and expectations for passage of a cryptocurrency market structure bill, many onlookers expected another bull run in digital assets to start 2026. However, it’s been the exact opposite. Bitcoin is down more than 21% so far this year, and it fell to $60,062.00 last week — its lowest level in roughly 16 months. That marked a drop of ... (full story)
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From businesstimes.com.sg | Feb 10, 2026
Coinbase Global chief executive officer Brian Armstrong, whose fortune has dropped by more than half since July, is no longer among the worlds 500 richest people as crypto prices have tumbled. Armstrongs wealth has fallen by more than US$10 billion since peaking seven months ago at US$17.7 billion, according to the Bloomberg Billionaires Index. The latest ...
Total nonfarm payroll employment rose by 130,000 in January, and the unemployment rate changed little at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, social assistance, and construction, while federal government and financial activities lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.
U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3% Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement over December, which saw a gain of 48,000 after a slight downward revision. The unemployment rate edged lower to 4.3%, below the forecast to stay unchanged at 4.4% from the prior month. The report, delayed nearly a week by the partial government shutdown that ended Feb. 3, held consistent with a US LABOR DEPARTMENT PAYROLLS BENCHMARK REVISIONS: THE SEASONALLY ADJUSTED NONFARM EMPLOYMENT LEVEL FOR MARCH 2025 WAS REVISED DOWNWARD BY 898,000 ... THE JOBS STORY JUST GOT REWRITTEN On February 11, 2026, the Bureau of Labor Statistics slashed its 2025 payroll numbers in its annual benchmark update. What changed: Total job growth was revised from +584,000 to +181,000. Thats an average of just +15,000 jobs per month, not
From channelnewsasia.com | Feb 11, 2026
South Korea's Bithumb said on Wednesday that serious flaws had left the crypto exchange's internal system susceptible to potential sabotage and failed to prevent an erroneous transfer of more than $40 billion in assets last week. The country's second-largest virtual asset exchange said it accidentally gave away about 620,000 bitcoins to customers during a ...