Odaily News: Spartan Capital Securities chief market economist Peter Cardillo said that nonfarm payrolls came in below expectations but still indicate a growing job market. Wages also showed no inflationary pressure, which is a positive factor. The rise in the unemployment rate may be due to an increase in the labor force participation rate. Overall, this report is favorable for the market. It may help ease the upward momentum in yields and also suggests the Fed does not need to worry about wage inflation. Combined with the lower-than-expected PCE price index released a few days ago, this means the Fed is very likely to continue holding steady at its October meeting. (Jinshi)

Odaily reports that ZachXBT posted on X platform stating that UPay may be allowing sanctioned illegal marketplace Xinbi to white-label issue its Visa crypto cards, and demanded that UPay clarify the situation. ZachXBT said that Xinbi is mainly involved in pig butchering scams, fraud, money laundering, and human trafficking.

According to Lookonchain monitoring, an address went long on 2,900 ETH with 20x leverage on Aster DEX, with a position value of $7.97 million. It currently has over $1 million in unrealized profit, with a return rate of 251.68%.

Odaily News: Absa Group has become the first bank in Africa to offer digital asset custody services. The bank has received regulatory approval in South Africa and will provide digital asset safekeeping, management, and transfer services to institutional clients in South Africa. It currently supports Bitcoin, XRP Ledger, Ethereum, and USDC, with plans to expand to other assets. Rob Downes, Head of Digital Assets in Absa's Corporate and Investment Banking division, said that in the future the service is expected to be expanded to other client groups in South Africa, and after obtaining regulatory approval, it will be introduced to other African countries where the bank operates.

Odaily reports that Bitcoin News posted on X platform stating that Trump said if Democrats win the election, the U.S. will fall into a financial depression unlike anything seen before.

Odaily reports that the altcoin sector saw widespread gains. SAND is trading at $0.06998, up 62.52% in 24 hours; ENJ is at $0.03729, up 27.88%; GTC is at $0.12388, up 22.10%; MANA is at $0.1054, up 19.10%; SKY is at $0.09402, up 18.94%; GALA is at $0.002655, up 17.53%; MAGIC is at $0.0605, up 15.02%; SUPER is at $0.2275, up 14.96%.

Odaily News: After the release of the U.S. nonfarm payrolls report, market traders reduced their bets on a Federal Reserve rate hike in October. Swap contracts tied to Fed meeting dates show that the market no longer fully prices in a complete rate hike this year.

Mohamed El-Erian, Chief Economic Advisor at Allianz, said the U.S. employment data came in surprisingly: only 29,000 jobs were added in September, the unemployment rate rose to 4.2%, and hourly earnings grew just 0.1% month-over-month. In addition, the July and August figures were revised down by about 60,000 jobs. On the supply side, the labor force participation rate rose to 61.8%, which is a more positive development. Overall, this will further reinforce the impact of recent Fed officials' remarks, namely that market expectations for a Fed rate hike in October are cooling.

Odaily reports that according to the U.S. Bureau of Labor Statistics, July nonfarm payrolls were revised down from +21,000 to -10,000, and August nonfarm payrolls were revised down from 162,000 to 133,000. After the revisions, the combined job gains for July and August were 60,000 lower than previously reported (Jinshi).

Odaily News: After the release of nonfarm payroll data, the U.S. 30-year Treasury yield fell 2.8 basis points to 5.575%. The 2-year yield fell 7.7 basis points to 4.71%. The 10-year yield was last down 5.6 basis points at 5.18%. (Jinshi)

Odaily News: US September seasonally adjusted nonfarm payrolls increased by 29,000, below the median market expectation of 90,000. The US September unemployment rate came in at 4.2%, versus expectations of 4.1% and a previous reading of 4.10%. (Jinshi)

Odaily News: US September seasonally adjusted nonfarm payrolls came in at 29,000, versus expectations of 90,000. The previous reading was revised from 162,000 to 133,000. (Jinshi)

According to Gate data, the US dollar against the Japanese yen (USDJPY) fell to 157.0, currently at 156.978, with a 24-hour decline of 0.6%.

Odaily reports that according to Gate data, gold (XAUUSD) has risen above $4,200/oz, now trading at $4,212.75/oz, up 0.8% in 24 hours.

According to Solana's official monitoring, the number of tokenized stock holders on Solana has hit an all-time high, reaching 1.2 million, with 775,000 joining in September alone.

Odaily report: Linea stated on X that, due to the MetaMask staking incident, some validators supporting the Yield Boost vault are exiting as a precautionary measure. The staking vault funds and control have not been affected; during the period when the relevant validators exit and are replaced by new validators, the net staking rewards funding ecosystem incentives will temporarily decrease.