π’ U.S. Jobless Claims Come In Hot πΊπΈ
U.S. initial jobless claims rose to 221K, above the 205K forecast and previous 200K reading.
β’ Higher claims boosted Fed rate-cut expectations
β’ Weaker outlook for the dollar after the data
β’ Could support stocks and crypto if markets see it as easing-friendly, not recession-driven
U.S. initial jobless claims rose to 221K, above the 205K forecast and previous 200K reading.
β’ Higher claims boosted Fed rate-cut expectations
β’ Weaker outlook for the dollar after the data
β’ Could support stocks and crypto if markets see it as easing-friendly, not recession-driven
π13π₯12π11π10β€8
π’ Kraken Picks Chainlink for $3B Migration
Kraken is moving over $3B in assets to Chainlink CCIP, replacing LayerZero as the bridge provider for kBTC and future wrapped assets.
β’ Chainlink CCIP becomes the exclusive bridge for kBTC
β’ More than $3B in TVL expected to migrate
β’ Move follows the $292M Kelp exploit tied to LayerZero infrastructure
Kraken is moving over $3B in assets to Chainlink CCIP, replacing LayerZero as the bridge provider for kBTC and future wrapped assets.
β’ Chainlink CCIP becomes the exclusive bridge for kBTC
β’ More than $3B in TVL expected to migrate
β’ Move follows the $292M Kelp exploit tied to LayerZero infrastructure
π19β€12π11π₯8π4