Grayscale’s Dogecoin Trust ETF (GDOG) and XRP Trust ETF (GXRP) are set to debut later Monday, with the underlying tokens on course for their worst months since February, alongside the rest of the crypto market. The CoinDesk 20 Index (CD20) has lost 23% since the start of November. ETF flows in the month reflect the underlying assets’ performance. Spot bitcoin BTC$87,267. 39 ETFs in the U. S. have posted net outflows of $3. 55 billion since the beginning of the month. Any more might take the figure back above February’s record $3. 56 billion. Bitcoin miner CleanSpark (CLSK) reports fiscal fourth-quarter earnings on Tuesday. Rival Riot Platforms (RIOT) posted unexpected profit and record revenue and Iren (IREN) reported record profit and revenue as it moves into artificial intelligence. What to Watch Crypto Nov. 24: Monad’s public mainnet to start up with native token MON. Nov. 24: Two new spot crypto ETFs Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) are expected to go live on NYSE Arca. Nov. 25: Digital asset treasury firm KR1 Plc to commence trading on the main market of the London Stock Exchange under ticker 0A9X, migrating from the Aquis Stock Exchange. Nov. 26: CTC-1, the first satellite constellation running the Spacecoin (SPACE) protocol, will launch from Vandenberg Space Force Base in California. Macro Nov. 25, 7 a. m.: Mexico Sept. Retail Sales YoY (Prev. 2. 4%), MoM (Prev. 0. 6%). Nov. 25, 8: 15 a. m.: ADP Employment Change Weekly (Prev. -2. 5K). Nov. 25, 8: 30 a. m.: U. S. Sept. PPI. Headline YoY Est. 2. 7%, MoM Est. 0. 3%. Core YoY (Prev. 2. 8%), MoM (Prev. -0. 1%). Nov. 25, 8: 30 a. m.: U. S. Sept. Retail Sales YoY (Prev. 5%), MoM Est. 0. 4%. Nov. 26, 8: 30 a. m.: U. S. Sept. Durable Goods Orders MoM Est. 0. 3%. Nov. 26, 8: 30 a. m.: U. S. Initial Jobless Claims for week ended Nov. 22 (Prev. 220K), Continuing Jobless Claims for week ended Nov. 15 (Prev. 1974K). Nov. 28, 7 a. m.: Brazil Oct. Unemployment Rate (Prev. 5. 6%). Nov. 28, 7 a. m.: Mexico Oct. Unemployment Rate (Prev. 3%). Nov. 28, 8: 30 a. m.: Canada Q3 GDP Growth Rate. Annualized (Prev.-1. 6%), QoQ (Prev. -0. 4%). Earnings (Estimates based on FactSet data) Nov. 25: Cleanspark (CLSK), post-market. Token Events Governance votes & calls Moonwell DAO is voting to remediate ~$5. 25M in bad debt on its Base deployment by utilizing excess reserves (specifically USDC and cbBTC) and redirecting all future protocol revenue toward repayment, with priority given to the cbXRP and VIRTUAL markets. Voting ends Nov. 24. ZKsync DAO is voting to streamline token program proposals (TPPs) by reducing the voting delay from seven days to trhee days and the late quorum vote extension from seven days to two days. Voting ends Nov. 24. Aave DAO is voting on its November funding update, which seeks to consolidate treasury assets on Ethereum and acquire 8 million GHO from the market to fund operations, service providers and security audits. Voting ends Nov. 24. CoW DAO is voting to boost partner incentives by granting a share of Price Improvement, raising the revenue cap to 5%, and increasing the partner fee split to 75%. Voting ends Nov. 26. Arbitrum DAO is voting to reconfirm John Kennedy and Tim Chang for the 2026 AGV Council to preserve institutional knowledge. Voting ends Nov. 27. Lightchain. AI is voting on a proposal to potentially delay its mainnet launch by up to six months following the sudden departure of a key developer who allegedly left the consensus layer incomplete. Voting ends Nov. 27. The Graph Council is voting to implement a Rewards Eligibility Oracle (REO) that restricts indexing rewards to Indexers meeting minimum uptime and service quality standards to better align incentives with network performance. Voting ends Nov. 30. Unlocks Nov. 24: Plasma XPL$0. 1898 to unlock 4. 74% of its circulating supply worth $17. 81 million. Nov. 28: JUP$0. 2351 to unlock 1. 69% of its circulating supply worth $12. 39 million. Nov. 29: HYPE$31. 31 to unlock 2. 68% of its circulating supply worth $318. 92 million. Nov. 30: KMNO$0. 05357 to unlock 5. 65% of its circulating supply worth $10. 59 million. Token Launches.
https://bitcoinethereumnews.com/crypto/grayscale-dogecoin-xrp-trusts-go-live-cleanspark-earnings-crypto-week-ahead/
Tag Archives: unemployment
XAU/USD climbs above $4,050 amid risk-off sentiment
Gold price XAU/USD attracts some buyers to around $4,070, snapping the three-day losing streak during the early Asian session on Wednesday. The precious metal rises amid the risk-off sentiment as traders brace for the long-awaited return of US economic data. The FOMC Minutes will be the highlights later on Wednesday, ahead of the US September Nonfarm Payrolls (NFP) report. US NFP reports for September and October 2025 were not released as scheduled due to a US government shutdown. The delay in employment data complicates the Federal Reserve’s (Fed) decisions regarding interest rates ahead of its December meeting. This, in turn, could boost a traditional safe-haven asset like Gold. The US employment report for September is now expected to be released on Thursday. The US economy is projected to see 50, 000 jobs added in September, while the Unemployment Rate is forecast to stay at 4. 3% during the same period. If the report comes in weaker than expected, this could exert some selling pressure on the US Dollar (USD) and support the USD-denominated commodity price. On the other hand, hawkish remarks from the Fed officials tempered expectations of a December rate cut and might cap the upside for the yellow metal. Fed Vice Chair Philip Jefferson said on Monday that the Fed should proceed “slowly” with further rate reductions. Meanwhile, several Fed policymakers, including Atlanta Fed President Bostic and Kansas City Fed President Schmid, voiced concerns about inflation or signaled support for holding rates steady. Traders are currently pricing in a 46. 6% chance of a 25 basis points (bps) rate cut in December, down from more than 60% last week, according to the CME FedWatch tool.
https://bitcoinethereumnews.com/finance/xau-usd-climbs-above-4050-amid-risk-off-sentiment/
New Zealand Dollar slumps below 0.5650 as New Zealand Unemployment Rate hits nine-year high
The NZD/USD pair tumbled to near 0.5640, reaching its lowest level since April 10 during the early Asian session on Wednesday. The New Zealand Dollar (NZD) weakened against the US Dollar (USD) following the release of New Zealand’s jobless rate, which rose to the highest in nine years in the third quarter (Q3).
Data released by Statistics New Zealand showed that the unemployment rate increased to 5.3% in Q3 from 5.2% in Q2, aligning with market expectations. Employment remained unchanged compared to the previous three months, falling short of the estimated 0.1% increase.
Traders are now awaiting key US economic reports, including the ADP Employment Change and the ISM Services Purchasing Managers Index (PMI), both scheduled for release on Wednesday. These reports are expected to provide further guidance on the USD’s direction.
The Reserve Bank of New Zealand (RBNZ) has cut the Official Cash Rate (OCR) by 300 basis points since August of last year, bringing it down to 2.5%. Most economists anticipate an additional 25 basis point cut at the RBNZ’s final meeting of the year on November 26. This dovish monetary stance could continue to weigh on the NZD against the USD in the near term.
However, positive developments in US-China trade talks may help limit the downside for the Kiwi, often seen as a proxy for China due to the country’s close trade ties with New Zealand. According to a Bloomberg report released late Tuesday, US President Donald Trump announced a reduction in fentanyl-related tariffs on imports from China, lowering the rate from 20% to 10%. Additionally, some reciprocal levies on Chinese goods will remain frozen. These tariff adjustments are set to take effect on November 10.
Meanwhile, the US government shutdown has entered its sixth week, poised to become the longest federal funding lapse in the nation’s history after a short-term funding bill failed in the Senate once again. The latest attempt to break the impasse—passing Republican-backed temporary legislation—failed in the Senate for the 14th time on Tuesday.
Concerns that a prolonged US federal shutdown could negatively impact the US economy may undermine the Greenback against the New Zealand Dollar in the coming sessions.
https://bitcoinethereumnews.com/finance/new-zealand-dollar-slumps-below-0-5650-as-new-zealand-unemployment-rate-hits-nine-year-high/