Crypto, Job Numbers & Billions Returned? The Week That Keeps On Giving!

Pray attend, dear reader, for the market’s merry dance is presently eclipsed by the grand occasion of Friday’s U.S. employment figures, which promise to display a modest rise of 39,000 nonfarm payrolls-truly the thermometer by which the vigour of the world’s foremost economy is judged, or at least fretted over. Meanwhile, the long-suffering creditors of the once-promising but now-bankrupt crypto exchange FTX-fallen from grace in the scandalous year of 2021-are at last commencing the distribution of a princely sum of $1.6 billion, entering what can only be called a very slow but somewhat welcome third installment of repayments. On a lighter note, that great Ethereum layer-2 blockchain, Arbitrum, finds itself in a most civic-minded vote upon deploying its idling funds to garner rewards, as idle money being truly the devil’s workshop. 😏




