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Metaplanet Buys 2,823 BTC As Holdings Top 43,000
Japanese investment firm Metaplanet acquired 2,823 Bitcoin during the second quarter at an average price of approximately $88,300 per coin, pushing its total holdings past 43,000 BTC. The purchase lowered the company’s average acquisition cost to roughly $106,500 from $107,700, according to a July 2 regulatory filing. Metaplanet now holds 43,000 BTC acquired for about $4.5 billion in total. The company also reported approximately $10.95 million in revenue from its Bitcoin income generation strategy during the quarter. That strategy earns premiums by selling cash-secured options and employing other yield-generating ... (full story)
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Both total nonfarm payroll employment (+57,000) and the unemployment rate (4.2 percent) changed little in June, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, social assistance, and health care. Leisure and hospitality 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. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2% The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday. Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast. The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. Leisure and hospitality employment declined by 61,000 in June.
The U.S. dollar slips 0.3% against the yen, with USD/JPY trading at 160.57.
In the week ending June 27, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 1,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 215,000 to 216,000. The 4-week moving average was 222,000, a decrease of 2,500 from the previous week's revised average. The previous week's ...