News Block: Weak Jobs Report Fuels Rate Cut Outlook, Gold Price at Record High, Strategy Snubbed by S&P 500, Dalio: Bitcoin Boosted by Debt

In this week's episode of the Coin Stories News Block powered exclusively by Ledn, we cover these major headlines related to Bitcoin, macroeconomics, and global finance:

• Poor Jobs Data Cements Case for Rate Cuts
• DOJ Launches Criminal Investigation into Fed Governor
• Gold Hits New Record High
• Dalio: "Bad debt situations contributing to Bitcoin's rise"
• SEC/CFTC Issue Joint Statement to Enable Spot Crypto Trading
• Strategy Snubbed by S&P 500

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The News Block is powered exclusively by Ledn – the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. My followers get .25% off their first loan. Learn more at www.ledn.io/natalie

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Read every story in the News Block with visuals and charts! Join our mailing list and subscribe to our free Bitcoin newsletter: https://thenewsblock.substack.com

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References mentioned in the episode:

• U.S. Unemployment Rate Near Four-Year High
• U.S. Jobs Report Cements Case for Fed Rate Cut
• Americans Losing Faith in the American Dream
• DOJ Opens Investigation into Fed's Lisa Cook
• Ray Dalio's Financial Times Interview
• Gold Hits New All-time High, Above $3,600
• Charlie Bilello's Chart on Gold's Performance
• U.S. Bank Resumes Cryptocurrency Custody Service
• SEC and CFTC Joint Statement on Digital Assets
• Robinhood, AppLovin, and EMCOR Join S&P 500
• Strategy Gets Snubbed by S&P 500 Committee
• Matt Cole's Tweet on S&P 500 Committee
• Michael Saylor's Tweet on S&P 500
• Nasdaq Increases Scrutiny on Crypto Treasury Companies
• Strategy's Tweet in Response to Nasdaq Report
• Scott Johnsson's Tweet on Impact o