

BlockBeats News, November 21st, according to GMGN market data, Base co-founder Jesse's issued jesse token has been listed, with a reported market cap of $14 million and a trading volume of $5.24 million.

BlockBeats News, November 21st, according to Onchain Lens monitoring, as the market fell, the "Whale" ETH (25x leverage) long position was partially liquidated again. The "Whale" account's total loss has now exceeded 20 million US dollars.

BlockBeats News, November 20th, US Vice President Pence stated: The market is expected to go "crazy" due to the (non-farm) payroll report. (Golden Ten)

BlockBeats News, November 20th, MegaETH announced the launch of a pre-deposit cross-chain bridge, allowing Ethereum USDC to be exchanged cross-chain into Mega mainnet USDm, with a limit of 250 million US dollars, starting on November 25th.

BlockBeats News, November 20th, according to CME's "FedWatch" data, tonight at 9:30 p.m. EST, after the release of the US September unemployment rate and non-farm payrolls data, the probability of a 25 basis point rate cut by the Fed in December is 41.6%, up from the pre-announcement 27.8%, while the probability of no change is 58.4%.
Earlier reports indicated that the US September unemployment rate was 4.4%, higher than the expected 4.30% and the previous value of 4.30%. The US September seasonally adjusted non-farm payrolls increased by 119,000, exceeding the expected 50,000, with the previous value revised from 22,000 to -0.4 thousand. The US initial jobless claims for the week ending November 15th were 220,000, with expectations at 230,000.

BlockBeats News, November 20th, the UK Financial Times reported that the US September nonfarm payrolls report indicated an unexpected rebound in the US labor market, making the Federal Reserve's decision on whether to cut interest rates next month more complicated. The September addition of nonfarm payrolls released on Thursday recorded 119,000 people, not only higher than the 50,000 people predicted by surveyed economists but also significantly higher than the revised 22,000 people in August. The unemployment rate rose from 4.3% in August to 4.4%, hitting a new high since 2021. This report is the first economic health indicator released by the US Bureau of Labor Statistics since the record-breaking US federal government shutdown interrupted the publication of official data. The unexpectedly positive data will strengthen the position of hawkish members of the Federal Open Market Committee, who have consistently warned the Federal Reserve against cutting interest rates too quickly.
After the data was released, US bond yields and the US dollar index both fell. Despite US President Trump's long-term pressure on the Federal Reserve to cut rates, there has been a deep divide within the central bank: some argue for continuing rate cuts at the December meeting to support the labor market, while others are concerned about the potential inflation risks. The government shutdown has made the Federal Reserve's decision-making even more difficult - with routine economic report releases interrupted, the Bureau of Labor Statistics announced on Wednesday that due to the shutdown-related data collection delays, it will no longer separately release the October employment report, and some data will be combined for release in the November report. (FXStreet)

BlockBeats News, November 20th: In September, the US seasonally adjusted non-farm employment increased by 119,000, higher than the expected 50,000. The previous value, initially reported as an increase of 22,000, has been revised down to a decrease of 0.4 thousand. (Xinhua Finance)

BlockBeats News: On November 20, the US unemployment rate for September was 4.4%, higher than the expected 4.30% and the previous value of 4.30%. (FXStreet)

BlockBeats News, November 20: According to CME's "FedWatch" data, as of 21:30 tonight, before the release of the US September unemployment rate and non-farm payrolls data, the probability of a 25 basis point rate cut by the Fed in December is 27.8%, while the probability of no change is 72.2%.
