The labor market is slowing down
Hiring is sluggish, unemployment is low, but risks are rising.
Japan BOJ labor warning
Governor Ueda says wage increases are continuing, and labor shortages will persist.
Japan warns of decline in exports
July exports fell 2.6% due to US tariffs.
Japan is launching a yen-pegged stablecoin
JPYC is launching the first yen-pegged stablecoin.
Powell makes clear statement on interest rate cuts
Following Powell’s Jackson Hole speech, the probability of an interest rate cut in September rose to 85%.
Impact of Trump tariffs in the US
Price increases are putting pressure on consumer confidence.
The Philippines is considering a bill to create a strategic Bitcoin reserve of 10,000 BTC
Lawmakers in the Philippines are reviewing a proposed bill that, if passed, would allow the country’s central bank to hold up to 10,000 BTC as part of its strategic Bitcoin reserve. The bill, titled the Strategic Bitcoin Reserve Act, was introduced to the House of Representatives by Congressman Miguel Luis Villafuerte. The congressman praised Bitcoin as a “strategic asset” that could help secure the Philippines’ financial future in his proposal.
World Liberty Financial will unlock 20% of its pre-sale tokens when trading begins on September 1
According to an announcement by Trump-backed World Libert Finance, 20% of the tokens will be made available for trading on September 1, 2025. This move marks WLFI’s transition from a governance-focused asset to a fully tradable token on Ethereum
Telegram founder Pavel Durov has described the ongoing French case against him as “legally and logically absurd.”
Telegram’s billionaire founder Pavel Durov on Sunday criticized French authorities for what he called a baseless criminal investigation that has tied him up in legal proceedings for over a year.
Durov, who temporarily left the country in March to travel to Dubai, faces multiple charges related to allegations that Telegram facilitated organized crime. In a statement released on Sunday, he argued that holding a CEO responsible for the actions of users on a global messaging platform sets a dangerous precedent.
Durov said, “Arresting the CEO of a large platform for the actions of its users was not only unprecedented, but also legally and logically absurd.”
Bitcoin Reverses Powell’s Rally with a Sudden Plunge Amid Forward-Looking Anxiety Signals from the Options Market
Bitcoin prices plummeted to 110,000 levels after a whale allegedly sold 24,000 BTC, reversing gains made following Fed Chair Powell’s dovish remarks on Sunday.
