Employment Shock Drop

US employment fell by 818,000 jobs in the latest Government revision. I'll break down the report and what it means for Bitcoin. Plus, a batch of news, Bitcoin basics, and more.

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News Links

• The Bitcoin Office (@bitcoinofficesv): "🇸🇻EL SALVADOR CONTINUES TO TRAILBLAZE! El Salvador will soon begin providing #Bitcoin instruction and certification to 80,000 public servants." | X Cancelled
• Illicit Finance - National Crime Agency
• German Authorities Seize $279,000 in Bitcoin ATM Crackdown - Decrypt
• Nonfarm payroll growth revised down by 818,000, Labor Department says
• Nonfarm payroll growth revised down by 818,000, Labor Department says
• Fed's Powell Confronts Policy Crossroads With All Eyes on Jackson Hole - Bloomberg
• Powell may use Jackson Hole speech to hint interest rate cuts | AP News
• Watch Live: Fed Chair Jerome Powell at Jackson Hole | WSJ - YouTube
• Bitcoin ETFs Record 14% Increase in Institutional Investors' Adoption | Coinspeaker
• Why Wall Street Is Investing in Bitcoin ETFs: A Q2 2024 Analysis
• Grayscale’s Share of Bitcoin ETF Market Falls Below 25% as Rivals Rise - Decrypt
• Institutions Increased Their Bitcoin (BTC) ETF Allocation in Second Quarter, Bitwise Says
• Spot Bitcoin ETFs maintain positive flows for 8 out of the last 10 days
• vitalik.eth on X: "I have been told that I need to "do less philosophizing and do more ethereum bullposting".

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