Tonight's Non-Farm Payroll, is a big market movement coming? J.P. Morgan warns: a 'job earthquake' may trigger a market sell-off!
💣 Simulation shows: if the non-farm data continues the weak performance of ADP — U.S. stocks may not just experience a mild correction, but a steep drop⚠️
📉 How long can the 'bad news = good news' narrative hold up? While interest rate cut expectations may provide short-term benefits, the underlying fundamentals are continuously deteriorating: Employment decline → Weak consumption → Corporate profit decline → Asset bubble burst💥
💡 The market is currently stuck at a sensitive tipping point: On one side is the desire for interest rate cuts, and on the other side is the fear of a hard landing for the economy. Tonight's data may directly rewrite the asset pricing logic from July!
📊 The NASDAQ is wavering at high levels, the S&P is struggling, gold and bitcoin are starting to stir… Safe haven? Short selling? It's all up to tonight's hammer!
🧠 High-energy alert: Not every round of non-farm data qualifies as a turning point, but this time, it may truly be a watershed moment.
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🇺🇸📉 PANews reports that President Donald Trump has once again slammed Fed Chair Jerome Powell, urging the central bank to slash interest rates down to 1% ASAP. ✂️💰
📝 During a White House press briefing, the Press Secretary even read out Trump’s handwritten letter to Powell, emphasizing his demand for immediate rate cuts. 🏦⚡
📺 The news was first reported by CCTV International News, highlighting Trump’s continued push for lower rates. 👀🔻
🕵️♂️ On-chain sleuth ZachXBT is raising alarms over Circle’s USDC, claiming North Korean hackers are using it to funnel millions in illicit payments. He slammed Circle for boasting about compliance while allegedly taking no steps to block these wallets. 💸
🚨 ZachXBT revealed that DPRK IT workers, posing under false identities, are securing remote tech jobs and using USDC to move high eight-figure sums undetected. Despite Circle’s push for a national trust bank charter, he says their compliance efforts remain hollow. ⚠️
😮 While Tether has faced scrutiny in the past for enabling illicit transactions, Circle was praised as a compliance leader. But these new claims suggest it’s failing to act, denting its reputation as the “cleaner” stablecoin issuer. Circle has yet to respond. 📝
Bitcoin keeps rallying strong! 🚀 On Thursday, it rose 1.4% to $108,127, just 4% shy of its May all-time high. Other major cryptos like Ethereum and XRP also gained, reflecting broad market strength. 📈
Geopolitical worries in the Middle East have eased, letting investors focus on key growth drivers. Clear Street analyst Brian Dobson highlights three main tailwinds: positive capital market moves, new stablecoin legislation, and rising Bitcoin prices. 🛠️
Notably, Circle Internet Group's successful IPO and the Senate’s stablecoin regulation bill are fueling optimism. Crypto stocks like MicroStrategy and Bitcoin miners Cipher Mining, CleanSpark, and Riot Platforms are also benefiting from this surge. 🔥
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