[Today's Crypto Fear and Greed Index Drops to 21, Still in 'Extreme Fear' State]
On December 14, today's Crypto Fear and Greed Index dropped to 21, down from 23 yesterday, with the market still in an 'extreme fear' state.
Binance NIGHT is currently priced at $0.06627, with a 37.43% increase over 24 hours. 24-hour transaction volume of 1.5 billion US dollars, up 115.9%, for reference only
[Citigroup: Upcoming U.S. Non-Farm Payroll Report May Release More Contradictory Signals]
The U.S. non-farm payroll report to be released next Tuesday will include data for October and November. Citigroup economists pointed out that the latest employment report may release more contradictory signals, with an expected decrease of approximately 45,000 jobs in October and an increase of 80,000 jobs in November. Citigroup economists stated that this rebound may be more related to seasonally adjusted data. Citigroup predicts the unemployment rate will rise from 4.4% to 4.52%, while a Reuters survey forecasts 4.4%, and the Federal Reserve predicts the year-end median unemployment rate to be around 4.5%.
[YO Labs Completes $10 Million Series A Financing, Led by Foundation Capital]
Yield optimization protocol development team YO Labs announced the completion of a $10 million Series A financing round, led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital. To date, YO Labs has raised a total of $24 million. YO Labs plans to use the funds to expand the protocol to more blockchains and improve infrastructure.