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The post Job Losses Pass 1 Million For 2025, With Grim Outlook For Seasonal Hiring appeared on BitcoinEthereumNews.com. Topline American companies have cut more than 1 million jobs so far this year, a new report showed Thursday, ranking 2025 among the worst years for job losses in decades as companies embrace artificial intelligence, consumer spending softens and hiring freezes take effect. A UPS truck driver makes a delivery in Santa Fe, New Mexico. Getty Images Key Facts Private and public employers cut 153,074 jobs in October, according to a report from career services firm Challenger, Gray & Christmas, a 183% increase from the month before and a 175% spike over the same month last year. More than 1 million jobs have been cut so far this year, up 65% from the 664,839 announced in the first 10 months of 2024 and 44% more than cuts made in all of 2024. The government, responsible for more than 300,000 job losses, remains the sector with the most cuts this year, followed by the technology, warehousing, retail and service sectors. Job cuts have surpassed 1 million in a year only four other times in the last 32 years: 2001 (when the dot-com bubble burst), 2008 and 2009 (in the midst of the Great Recession) and 2020 (when the COVID pandemic struck). Andrew Challenger, chief revenue officer and labor expert for Challenger, Gray & Christmas, blamed the adoption of artificial intelligence, federal budget cuts, lower customer and corporate spending and rising costs for the job cuts announced in October. Last month brought the highest number of job cuts for any October since 2003, when large layoffs were announced in the telecommunications sector as cell phones gained wide adoption. Crucial Quote “Like in 2003, a disruptive technology is changing the landscape,” Challenger said. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the…

The post USD/JPY holds above 153.50 amid wage data – BBH appeared on BitcoinEthereumNews.com. USD/JPY is consolidating above 153.50, just shy of its recent high near 154.50, BBH FX analysts report. Japan nominal wages rise in line with forecasts “Japan’s September cash earnings data was mixed and does not move the dial on Bank of Japan (BOJ) rate expectations. Nominal wages matched consensus at 1.9% y/y vs. 1.3% in August. The less volatile scheduled pay growth for full-time workers unexpectedly eased to a six-month low at 2.2% y/y (consensus: 2.5%) vs. 2.4% in August.” “Overall, Japan wage growth is not a source of significant inflation pressures given annual total factor productivity growth of about 0.7%. However, risk to wages growth is skewed to the upside. One of Japan’s largest labor union groups (UA Zensen) plans to push for a 6% bump in overall wages for regular employees next year after agreeing on a 4.75% gain in 2025.” “BOJ Governor Kazuo Ueda said last week that he’s closely monitoring the ‘initial momentum’ of annual wage negotiations before adjusting policy. The swaps market continues to see even odds of a December rate hike, with a full 25bps rate increase priced in over Q1.” Source: https://www.fxstreet.com/news/usd-jpy-holds-above-15350-amid-wage-data-bbh-202511061035

The post ListaDAO and PancakeSwap monitoring risky lending vaults on MEV Capital and Re7 Labs appeared on BitcoinEthereumNews.com. PancakeSwap and ListaDAO are monitoring several vaults where sUSDX and USDX are used as collateral. The vaults show alarmingly high borrowing rates, as well as no repayments.  PancakeSwap and ListaDAO announced they are observing lending vaults on MEV Capital and Re7 Labs. The vaults hold USDT and USD1 as stable and liquid assets, but use the more volatile sUSDX and USDX as collateral.  We are aware and has been closely monitoring the @MEVCapital USDT Vault and @Re7Labs USD1 Vault, where collateral assets ($sUSDX and $USDX) continue facing abnormally high borrowing rates without repayment activity. As an on-chain P2P lending protocol, Lista Lending has been… — Lista DAO (@lista_dao) November 6, 2025 ListaDAO expressed concerns that the vaults showed extraordinary borrowing rates, but no repayments. The DAO, as a P2P lending protocol, was concerned about potential DeFi instability.  USDX and sUSDX offer high-risk collateral The freely available USDX asset already trades at a discount at $0.68. The staked version, sUSDX traded at a premium of $1.13, though it recently fell to $1.06. The staked version cannot be freely swapped or released, hence the usage of lending vaults to access a more liquid stablecoin.  The value of staked USDX (SUSDX) started dropping in the past day, suggesting heightened risk for the synthetic stablecoin. | Source: Coingecko Unless the protocols address the imbalance of the lending vaults, depositors may face problems with bad loans and loss of value.  The troubles with the USDX synthetic stablecoin started just days after another asset, XUSD, diverged from its $1 price. The token caused losses from lending of up to $93M. The event drew attention to lending protocols and their various risk levels, as well as the practice of taking funds from low-risk protocols to seek higher, riskier returns.   Lista DAO called for MEV Capital and Re7…

The post Coinbase Europe Limited settles with Central Bank of Ireland, agrees to €21.5M fine appeared on BitcoinEthereumNews.com. Key Takeaways Coinbase Europe Limited agreed to a €21.5 million fine to settle regulatory violations with the Central Bank of Ireland. The violations relate to failures in transaction monitoring for anti-money laundering (AML) and counter-terrorism financing (CTF) over several years. Coinbase Europe Limited, a crypto exchange operator, has agreed to pay a €21.5 million fine to settle regulatory violations with the Central Bank of Ireland. The settlement addresses the exchange’s failure to meet transaction monitoring obligations under anti-money laundering and counter-terrorism financing laws between 2021 and 2025. Configuration faults in its monitoring system led to millions of transactions going unreviewed during that period. The Central Bank of Ireland has increased enforcement of anti-money laundering and counter-terrorism financing standards across digital asset firms operating in its jurisdiction. Source: https://cryptobriefing.com/coinbase-europe-ireland-fine-aml-2024/

The post It’s time to play: SACHI’s $SACHI token generation event goes live November 18 on Solana appeared on BitcoinEthereumNews.com. Solana chosen for speed, low fees, and a thriving gaming ecosystem. No downloads or wallets needed, jump in and play instantly. Built for social play, community growth, and long-term engagement. The next chapter of Web3 gaming begins as SACHI brings its high-energy universe and native token to the Solana blockchain. SACHI, the next-generation social-casino and competitive gaming universe, has officially announced that its $SACHI Token Generation Event (TGE) will go live on November 18, 2025, on Solana – marking a major milestone in the project’s journey toward full ecosystem launch. Built on Unreal Engine 5 and powered by pixel streaming, SACHI delivers AAA-quality gameplay straight from the cloud, letting players jump into a connected, casino-style world instantly – no downloads, no wallets, just pure fun. The launch of $SACHI brings real utility to this universe, unlocking access, governance, and long-term community rewards. Powering seamless play with Solana After extensive research and testing, the team chose Solana for its speed, scalability, and thriving gaming ecosystem. With low transaction costs and high network activity, Solana ensures $SACHI can move fast, reach more users, and keep the in-game economy seamless for both casual players and seasoned crypto users. “This launch is more than a token event – it’s a signal that Web3 gaming is ready for its breakout moment,” said Jonas Martisius, CEO of SACHI. We built SACHI for players, not protocols. Solana’s performance lets us deliver a frictionless, social, and truly fun experience from day one. Enter the next-level gaming experience The Token Generation Event (TGE) aligns with an expanding ecosystem built for entertainment, community, and inclusivity: Three-Tier Economy: Coins power play, Gems unlock premium rewards, and $SACHI drives access, status, and community governance. Pixel-Streamed Gameplay: Jump into SACHI’s Unreal 5 worlds instantly…

Right now, large traders and influential investors are discussing Solana and BlockchainFX in the same breath, but not for the […] The post Why Whales Think BlockchainFX Could Surpass Solana as the Best Crypto to Buy This Week appeared first on Coindoo.

The post USD pulls back after testing 200-DMA – BBH appeared on BitcoinEthereumNews.com. USD retraced some of its recent gains after testing resistance at the 200-day moving average. No policy-relevant data will be released today but a full slate of Fed speakers could generate some market volatility (Williams, Barr, Hammack, Waller, Paulson, and Musalem), BBH FX analysts report. Challenger report shows surge in job cuts “The Challenger October job cut report points to soft US labor market conditions. US-based employers announced 153,074 job cuts in October, up 175% y/y and 183% m/m. According to Challenger, ‘this is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008. Like in 2003, a disruptive technology is changing the landscape’. For reference, in the year to October, job cuts totaled nearly 1.1 million, the highest cumulative total since 2020, while hiring plans totaled 488k, the lowest cumulative total since 2011.” “The ADP October employment change overshot expectations, but labor demand remains weak. ADP private-sector payrolls rebounded by 42k (consensus: 30k) after declining -29k (revised up from -32k) in September and -3k in August. Still, just 10k jobs were added on average in August, September, and October.” “We are sticking to our view that the Fed will deliver a follow-up 25bps cut to 3.50%-3.75% in December (67% priced-in) because restrictive Fed policy can worsen the already fragile employment backdrop and upside risk to inflation are not materializing. Bottom line: USD is bound to come under renewed downside pressure.” Source: https://www.fxstreet.com/news/usd-pulls-back-after-testing-200-dma-bbh-202511061029

The post Chainlink’s Strategic Partnerships Propel It Beyond Traditional Finance appeared on BitcoinEthereumNews.com. In a notable development, Chainlink has managed to maintain its value above the $14 threshold as of November 6, thanks to its strategic maneuvers in the cryptocurrency market. A key factor behind this stability and growth is its partnership with SBI Digital Markets, an arm of the Japanese financial giant SBI Group, marking a significant […] Continue Reading:Chainlink’s Strategic Partnerships Propel It Beyond Traditional Finance Source: https://en.bitcoinhaber.net/chainlinks-strategic-partnerships-propel-it-beyond-traditional-finance

The post Peloton recalls 833,000 more bikes over seat post issue appeared on BitcoinEthereumNews.com. Peloton stationary bikes for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton is recalling its original Bike+ after receiving reports that the seat post broke and detached from the equipment during use, leading to two injuries, the Consumer Product Safety Commission said in a news release Thursday.  The recall impacts 833,000 units, touching every original Bike+ the company has ever sold. The bikes were sold between January 2020 and April 2025 but Peloton stopped manufacturing them in 2022.  The recall comes after Peloton received two reports of injuries “due to a fall” after the post broke off, the CPSC said in its release. It received three reports in total about the issue.   The CPSC said consumers should immediately stop using the bikes and contact Peloton for a free repair. The company is offering a free seat post that users can install at home, the agency said.  In a statement Thursday, Peloton said, “The integrity of our products and our Members’ well-being are our top priorities.” The company encouraged users to request the new part “as soon as possible.” The notice Thursday marks the second time Peloton has had to recall one of its bike models due to issues with the seat post.  In May 2023, the company recalled every base Bike model that it ever sold, totaling 2.2 million units, after receiving 35 reports of the seat post breaking and detaching during use. The issue led to 13 injuries, including a fractured wrist, lacerations and bruises. At the time, the company said the recall led to higher than expected membership churn, as between 15,000 and 20,000 people paused their monthly subscriptions while waiting for the seat post to be replaced. Replacing the parts cost at…

The post Veteran Analyst Willy Woo Reveals Bitcoin (BTC) Price Prediction: “Within Two Weeks…” appeared on BitcoinEthereumNews.com. Popular analyst Willy Woo, who draws attention with his analyses in the cryptocurrency market, announced his latest predictions for the Bitcoin price. Accordingly, Willy Woo criticized the long-term holding (LTH) metric used in his recent Bitcoin (BTC) analysis as outdated and misleading. Woo said that the ‘long-term holder’ metric (Bitcoins held for more than five months – LTH) is flawed and that the metric based on long-term vs. short-term investor selling is outdated. At this point, Woo said of Bitcoin’s recent decline, “it wouldn’t be accurate to say that long-term investors are selling and that’s why the price is falling.” Woo stated that long-term investors sold, but the sold Bitcoins were immediately transferred to new buyers and institutional investors such as the treasury. “The selling from long-term investors reflects more of a holding rotation. That is, Bitcoins are changing hands to new investors or being transferred to institutional structures such as treasuries.” Bitcoin Could Rise Within Two Weeks! Willy Woo also shared on his X account that the latest Bitcoin liquidity indicator has begun to show signs of recovery. At this point, Woo predicted that Bitcoin’s price will start to rise in about two weeks if the liquidity recovery continues. “The latest Bitcoin liquidity indicator (leading signal shown by the dashed line) has started to show signs of recovery. If this liquidity recovery trend continues, Bitcoin’s price will enter an uptrend in about two weeks.” Bitcoin, which has risen by 1.5% in the last 24 hours, continues to trade at $103,300, according to CoinMarketCap data. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/veteran-analyst-willy-woo-reveals-bitcoin-btc-price-prediction-within-two-weeks/