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The Bureau of Labor Statistics will release the nonfarm payrolls report for June at 12:30 UTC.
Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.
PLUS: Bitcoin tumbled below $30,000 for the first time in almost two weeks after a disappointing ADP private sector jobs report and ISM services index, but regained some ground later on Thursday.
The largest and smallest bitcoin whales have added to their holdings, but the group in between has jettisoned some of their tokens.
Traders now see a 94% chance of the Fed raising rates by 25 basis points later this month.
Observers call for spot-based bitcoin ETF as the bull market raises cost of pre-expiry rollover of positions for futures-based ETFs.
The forecast is consistent with bitcoin's tendency to chalk out sharp gains in the months after the mining reward halves. The fourth halving is due early next year.
Bitcoin prices have paused with support at $30,000
Even so, spot trading volumes are at historically low levels.
The decentralized cloud storage protocol has seen its market value double this week.
- 18:48U.S. Republicans end up with a majority of 220 seats in the House of RepresentativesDecember 5 news, local time on December 4, California's 13th district Republican Congressman John Duarte admitted defeat in the election for the last seat in the House of Representatives. U.S. House of Representatives election to this complete end, the Republican Party finally won 220 seats in the House of Representatives, the Democratic Party won 215 seats.
- 18:08Data: YouTube cryptocurrency-related videos reached 4.72 million views in November, a nearly 12-month highOn 4 December, YouTube's cryptocurrency-related videos reached a 12-month high of 4.72 million views in November, according to data, but were still 50 percent below the all-time peak of 9.3 million views, with Coin Bureau and Crypto Banter each getting more than 1 million views. Notably, Phantom Wallet and Coinbase were both ranked in the top 100 app shops as the price of bitcoin stabilised around $90,000, indicating that retail investors are returning to the market.
- 18:08ECB Governing Council member Negel: no objection to rate cut next weekThe European Central Bank may cut interest rates again next week, but easing should remain gradual and cautious, ECB Governing Council member Negel said on Wednesday. ‘Given that the process of disinflation is proceeding largely in line with current expectations, at this stage I would not object if we went ahead with a reduction in the policy rate,’ Negel said on Wednesday. ‘But I will reserve final judgement and will make a decision after reviewing the new macroeconomic projections for December and considering the risks around the baseline.’
