7*24

Hot topic

Market

Activities

A war chest of $193 million. That’s what Fairshake, the crypto industry’s most powerful political action committee, reported holding as of January — and it’s spending that money fast. Money Behind The

A war chest of $193 million. That’s what Fairshake, the crypto industry’s most powerful political action committee, reported holding as of January — and it’s spending that money fast.

Money Behind The Win
Indiana Republican James Baird cruised to victory Tuesday in his party’s primary for the state’s 4th congressional district, pulling in over 60% of the vote against challenger Craig Haggard and a handful of others.

Baird also had the backing of US President Donald Trump. But another force was working in his favor: Defend American Jobs, a Super PAC tied to Fairshake, poured roughly $514,000 into media buys supporting him ahead of the vote, according to filings with the Federal Election Commission.

Fairshake itself is bankrolled by some of the biggest names in crypto, including Coinbase and Ripple Labs. The committee spent over $130 million trying to shape the outcome of the 2024 elections. In 2026, it’s already at it again — about $10 million has been directed toward races in Illinois and Texas so far.


Source: NBC News
A Reliable Vote For The Industry
Baird has been in Congress since January 2019 and has built a record that crypto advocates consider dependable. He backed the GENIUS Act, which deals with stablecoin regulation, and the CLARITY Act, a bill focused on crypto market structure. For Fairshake, he was worth protecting.

“Representative Baird has been a proven leader for pro-job, pro-consumer, and pro-innovation policies in Congress,” a Fairshake spokesperson said.

“We’re proud to support leaders committed to responsible regulation that ensures the US remains the global leader in innovation.”

Baird reportedly thanked Trump publicly following his win.

BTCUSD trading at $80,137 on the 24-hour chart: TradingView
Legislation Moves Forward
The Indiana result comes as crypto-related legislation picks up momentum in Wa

A war chest of $193 million. That’s what Fairshake

MEGA: Real-Time Execution Layer for Ethereum

Six issuers are now behind the biggest milestone yet in Ethereum-based government debt. A Market Built By Many Hands BlackRock’s BUIDL fund, issued through Securitize, holds the largest share. But the

Six issuers are now behind the biggest milestone yet in Ethereum-based government debt.

A Market Built By Many Hands

BlackRock’s BUIDL fund, issued through Securitize, holds the largest share. But the race to $8 billion wasn’t a one-company story.

Franklin Templeton’s iBENJI, WisdomTree’s WTGXX, Ondo Finance’s USDY, Centrifuge’s JTRSY, and Superstate’s USTB all contributed to what Token Terminal now confirms is an all-time high for tokenized US Treasury products on Ethereum.

The total market cap sits at roughly $8 billion — up about 100% in just six months.

That kind of growth, spread across multiple established institutions and crypto-native platforms, points to something broader than a single firm testing the waters.

Major asset managers are building these products because they see demand. And that demand is coming from investors who want US government debt exposure with the operational advantages that blockchain infrastructure provides — faster settlement, around-the-clock access, and programmable functionality not available in traditional bond markets.

The market cap of tokenized U.S. Treasuries on @ethereum is at an ATH of ~$8 billion, up ~100% over the past six months.

Key drivers of growth: BUIDL (Securitize), JTRSY (Centrifuge), iBENJI (Franklin Templeton), WTGXX (WisdomTree), USDY (Ondo Finance), and USTB (Superstate). pic.twitter.com/WNE56wSyhE

— Token Terminal 📊 (@tokenterminal) May 5, 2026

Ethereum is where nearly all of this activity is concentrated. Data from rwa.xyz shows the network leads the tokenized Treasury space by a wide margin. BNB Chain is the closest competitor, holding $3.4 billion in tokenized Treasury value. Solana, Stellar, and the XRP Ledger each hold under $1 billion.

￼

Image: TransFi

Idle Capital Finding A New Ho

Six issuers are now behind the biggest milestone yet in Ethereum-based 

The U.S. economy added 115,000 jobs in April, while the unemployment rate held steady at 4.3%, matching market forecasts. g U.S. Job Growth Further... ⚡ Start trading with only $50! Don't Miss Out! - 

The U.S. economy added 115,000 jobs in April, while the unemployment rate held steady at 4.3%, matching market forecasts.

g U.S. Job Growth Further...

⚡ Start trading with only $50! Don't Miss Out! - Trade Now!


￼

Home /

 

News /

 

Strong U.S. Job Growth Further Reduces Expectations for F...

Strong U.S. Job Growth Further Reduces Expectations for Fed Rate Cuts

The U.S. economy added 115,000 jobs in April, while the unemployment rate held steady at 4.3%, matching market forecasts.

Written by: Ignacio Teson • Friday, May 8, 2026 • 2 min read

• Last updated: Friday, May 8, 2026

￼

Quick overview

U.S. job growth exceeded expectations for the second consecutive month, adding 115,000 jobs in April and keeping the unemployment rate steady at 4.3%.

The stronger-than-expected employment data suggests the Federal Reserve may maintain elevated interest rates into 2026 and beyond.

While the labor market shows resilience, the underemployment rate rose to 8.2%, indicating some workers are struggling to find suitable employment.

Wage growth remains weak at 0.2%, trailing behind inflation, which continues to pressure real purchasing power.

For the second consecutive month, U.S. job growth exceeded Wall Street expectations, reinforcing the view that the Federal Reserve may keep interest rates elevated well into 2026—and possibly beyond.



HTX  Creation Challenge — Post and Win 1,500U 💥

Strong U.S. Job Growth Further Reduces Expectation

Ethereum (ETH) Today News Ethereum is currently trading near the $2,300-$2,400 range, with the market showing mixed momentum after recent volatility. Analysts say ETH is trying to regain strength as b

Ethereum (ETH) Today News Ethereum is currently trading near the $2,300-$2,400 range, with the market showing mixed momentum after recent volatility. Analysts say ETH is trying to regain strength as buyers defend key support zones.
Recent reports highlight growing institutional interest in Ethereum through
ETF inflows and increased exposure from large investment firms. Ethereum's ecosystem activity also remains strong because of DeFi, Layer-2 networks, and tokenized asset growth.
Another major focus is Ethereum's scaling expansion. Layer-2 solutions continue reducing transaction costs and improving network efficiency, helping Ethereum maintain its position as the leading smart contract blockchain.
However, traders remain cautious because ETH still faces resistance near important breakout levels, and broader crypto market conditions continue influencing short-term price movement.
Price Prediction (ETH)
Short-term range: $2,250 - $2,500
Bullish breakout target: $2,800 - $3,200
Strong bullish scenario: $4,000+ if ETF demand and market liquidity increase
Bearish downside zone: $2,000 - $2,150
Analysts believe Ethereum could see stronger momentum later in 2026 if institutional adoption and network activity continue expanding.

Ethereum (ETH) Today News Ethereum is currently tr

Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk Despite a surge in traditional equities and heightened military tensions in the Middle East, bitcoin remained stagnant over the 

Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk
Despite a surge in traditional equities and heightened military tensions in the Middle East, bitcoin remained stagnant over the last 24 hours, trading sideways near the $80,000 mark



$110K Spring Airdrop Rain—18 Days Straight!

Bitcoin Bulls Defend $79,200 as $28.3M in Long Liq

HTX Creation Challenge — Post and Win 1,500U 💥HTX Community April Creation ContestBTC Shakes at $80K—Up or Down? Bitcoin scam: ED arrests hacker Sriki, two others Stepping up the investigation followi

Bitcoin scam: ED arrests hacker Sriki, two others

Stepping up the investigation following recent raids, officials of the Directorate of Enforcement (ED) on Saturday arrested prime accused in the Bitcoin scam case, Srikrishna alias Sriki, along with two others in Bengaluru.

The ED arrested Sriki, Robin Khandeval and Sunish Hegde in connection with the alleged cryptocurrency scam. The trio was produced before a special ED court, and taken into custody for 10 days for further interrogation.

The central agency has been probing the alleged Bitcoin scam for the past several years over accusations of illegal cryptocurrency transactions, hacking and financial irregularities.

As part of the ongoing investigation, ED officials had recently conducted searches at multiple locations linked to the accused and their associates.

Bitcoin scam: ED arrests hacker Sriki, two others

Claim1,200 USDT in the Monthly Creation ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Post To Earn BonusRipple CEO Brad Garlinghouse maintains hope for the Senate's Clarity Act, the crypto in

Claim1,200 USDT in the Monthly Creation Challenge

Ripple CEO Brad Garlinghouse maintains hope for the Senate's Clarity Act, the crypto industry's top policy aim, but he said its survival depends on the next two weeks.
The market structure bill is awaiting the scheduling of a Senate Banking Committee hearing, though bank lobbyists are still dragging their feet

Ripple CEO Brad Garlinghouse says Clarity better t

Orca: Top AMM DEX on Solana

Claim1,200 USDT in the Monthly Creation ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Post To Earn BonusWith the crypto market turning slightly bearish, the Ethereum price has lost the $2,300

With the crypto market turning slightly bearish, the Ethereum price has lost the $2,300 mark, raising questions about the stability of its recent upswing. Amid this sideways price action, a report shows that a fading bullish sentiment among Ethereum whales is evidenced by a significant decline in their holdings.

Large ETH Players’ Portfolio Shrinks Sharply
After examining Ethereum whales‘ holdings, Ali Charts, a seasoned market expert and trader, revealed that these key investors are exhibiting a trend not seen in over a year. While ETH’s price is slowly losing its upside momentum, a major wave of selling has rattled the ETH market.

This heightened selling activity was observed among large investors or whales holding between 1,000 ETH and 10,000 ETH as they dump nearly a quarter of their holdings in the face of uncertainty. Such a trend underscores a major decrease in exposure, which raises questions about confidence and short-term market stability.

Since October 6, 2025, Ethereum holders between 1,000 and 10,000 ETH have undergone a notable regime shift in their market activity. Prior to the shift, the cohort was spotted in a steady accumulation phase. During the period, these investors’ ETH portfolio saw a rise from 12.95 million ETH in April 2025 to a peak of 15.95 million ETH by October 6, 2025. Fast forward to May 2026, and this behavior has flipped again.


Source: Chart from Ali Charts on X
As seen in the chart shared by Ali Charts, the amount of ETH held by these mid-tier whales has dropped from 15.95 million to about 12.52 million, which represents an approximately 21.5% decrease in their total position. This simply implies a dramatic change in positioning from some of the network’s largest investors.

Ali Charts have flagged this development as a supply overhang. According to the expert, this suggests that the road to the $3,000 may r

With the crypto market turning slightly bearish, t

HTX Creation Challenge — Post and Win 1,500U 💥HTX Community April Creation ContestBTC Shakes at $80K—Up or Down? US Bitcoin ETFs See $3.4 Billion Inflow Since April, Longest in 9 Months Spot Bitcoin E

US Bitcoin ETFs See $3.4 Billion Inflow Since April, Longest in 9 Months

Spot Bitcoin ETFs logged six straight weeks of net inflows totaling $3.4 billion.

The streak is the longest since a seven-week run ended July 25, 2025.

Daily flows have cooled, with two outflows breaking a five-session green run.

Spot Bitcoin exchange-traded funds (ETFs) recorded six straight weeks of net inflows through Friday, drawing $3.4 billion combined.

The run marks the longest positive streak since a seven-week stretch ended in July 2025, according to SoSoValue data.

The week ending April 17 anchored the streak with $996.38 million in net inflows. That marked the largest weekly haul since mid-January.

US Bitcoin ETFs See $3.4 Billion Inflow Since Apri

Shibo from DoginalDogs, who successfully predicted the last bull run on $SOL and $BTC, just told us that his target for $TON is $48. That’s a 20x from here. It would reach a $140B market cap, which I 

硅谷大厂的AI“含金量”开始分级

对话a16z Crypto：AI替你购物的时代，会变成什么样？

BVNK 创始人：稳定币发展的三个阶段

Bitcoin 2026大会洞察：挖矿衰落，AI崛起，一场结构性大迁徙

Sam Altman最新专访自白：其实我也不太懂AI内部在发生什么

对话Dragonfly合伙人：散户离场机构兜底，今年加密货币波动性难超美股

XRP Power Play: SBI Holdings Submits LOI To Acquire Bitbank In Major Asia Move

一周代币解锁：ENA解锁价值约1700万美元代币

6

Tất cả bình luận0Mới nhấtPhổ biến

Chủ đề đang thịnh hành