News

Jinse Finance reported that due to the government shutdown, the U.S. Bureau of Labor Statistics is not expected to release the non-farm payroll report on Friday. However, several recent private sector indicators show weak hiring in September, limited layoffs, moderate wage growth, and some easing in labor demand. The data largely aligns with the low hiring and low layoff situation before the government data release was suspended. Michael Feroli, Chief U.S. Economist at JPMorgan, stated: "Even without the non-farm payroll report, we can still get a general sense of the labor market's condition. Given everything we've seen, I think the Federal Reserve can confidently proceed with a rate cut later this month." (Golden Ten Data)

According to ChainCatcher, following Metaplanet, Japan has seen its second publicly listed company adopt a crypto asset treasury strategy. Mobcast Holdings, a gaming company listed on the Tokyo Growth Market, announced the launch of a new "Solana Treasury Business." To support this business, Mobcast announced plans to raise a total of approximately 1.4 billion yen (about 9.5 million US dollars) through the issuance of new stock subscription rights and unsecured corporate bonds, which will be used for the strategic acquisition and holding of SOL. In its announcement, the company stated that this move aims to strategically strengthen its financial foundation, maximize shareholder value, and explicitly pointed out that it is "to meet the listing maintenance standards." Currently, Mobcast's market capitalization is about 2.7 billion yen (approximately 18.3 million US dollars).