- CoinGape's Newsletter
- Posts
- 🚨 Blockchain Weekly: Market Shifts, Major Deals & Big Signals
🚨 Blockchain Weekly: Market Shifts, Major Deals & Big Signals
Your front-row seat to the biggest gains, boldest calls, and breaking stories in crypto—delivered daily.
CoinGape Media
September 05, 2025
📰 News
U.S. Job Data Comes In Weak, BTC Price Rises
Bureau of Labor Statistics data shows that the U.S. economy added only 22,000 jobs in August, way below the forecast of 75,000 and also below the 79,000 recorded in July. Meanwhile, the unemployment rate rose to 4.3% in line with expectations.
This U.S. job data indicates that the labor market is weakening, which is usually bullish for the BTC price and other crypto assets, as the Fed needs to step in and lower rates. TradingView data shows that the flagship crypto spiked on the back of the data release, reaching as high as $112,900 on the day.
Bitcoin has climbed from an intraday low of around 109,300 ahead of the U.S. jobs data release in anticipation of a weak report. However, BTC is now looking to rally higher with the nonfarm payrolls figure coming in way below expectations.
Fed Chair Jerome Powell had already signaled that they might have to lower rates at the next FOMC meeting, with the downside risk to the labor market rising. The market was already pricing a 25-basis-point (bps) rate cut before now, but with the jobs data, there is now the possibility of the Fed cutting rates by 50 bps.
Details About The SEC CFTC Roundtable
In an SEC release, the Commission announced that it will host a roundtable with the CFTC on September 29. Commenting on this move. SEC Chair Paul Atkins and CFTC Acting Chairman Caroline Pham said that it is a “new day” at both agencies as they begin the long-awaited journey to provide markets the clarity they deserve.
They further noted that by working together, they can harness the nation’s unique regulatory structure into a source of strength for market participants, investors, and all Americans. Notably, prior to the announcement of the SEC CFTC roundtable, both agencies had issued a statement earlier this week on potentially allowing crypto spot trading on U.S. regulated exchanges.
They stated that the joint statement on crypto asset products is only a first step and that, to the extent possible and appropriate, they would consider harmonizing product and venue definitions. Both agencies would further look to streamline reporting and data standards for crypto firms and align capital and margin frameworks.
Meanwhile, Atkins and Pham stated that they would establish coordinated innovation exemptions using each agency’s existing exemptive authority. According to the release, the SEC CFTC roundtable will provide an opportunity to discuss regulatory harmonization priorities.
Further commenting on the roundtable, Atkins and Pham said,
This roundtable represents a pivotal step toward building more coherent and competitive U.S. markets. By working together to align our regulatory frameworks, the SEC and CFTC can reduce unnecessary barriers, enhance market efficiency, and create space for innovation to thrive. Our shared goal is to ensure that America remains the global leader in capital markets
Join 2,000+ investors earning passive BTC income from industrial-scale mining — without the $50K+ entry cost.
✅ Start with just $100
✅ No setup, no tech headaches
✅ 70% lower electricity costs
✅ Get monthly Bitcoin payouts
✅ Always upgraded hardware — no extra cost
⏳ Only 72 hours left before the next stage price hike. Limited spots remain!
📊 Market
Bitcoin Price Action Signals Larger Rally Toward $200,000
Bitcoin price has steadily respected the ascending trendline, creating a strong foundation for further upside, with Bitcoin current market value sitting around $112k. The chart highlights a critical retracement near $107,200, which acted as a springboard for renewed strength.
Fibonacci extensions show checkpoints at $135,900 and $159,000 that may shape the next leg upward. Beyond these levels, the larger projection points toward the $200,000 mark.
Interestingly, the setup shares similarities with prior cycles where sharp recoveries followed extended consolidations. This analysis emphasizes how BTC price forecast 2025 remains anchored to the broader cyclical narrative.
Moreover, short-term price action suggests a test of the $122,000 zone remains highly possible before further extension. The consistent defense of trendline support reflects growing conviction among participants despite elevated volatility.
A move above $127,000 could attract wider speculation, strengthening the case for higher highs. The DMI indicator, with +DI at 22, –DI at 18, and ADX holding around 24, signals a balanced but steady bullish trend.
These readings reinforce the view of sustained directional strength as Bitcoin consolidates above key levels. Therefore, the current bullish posture may extend further as technicals align with broader optimism.
Grayscale’s Covered Call Ethereum ETF: A New Path for Yield and Exposure
The recent Grayscale Ethereum ETF launch focuses on combining income generation with exposure to ETH price. The product, known as a Covered Call ETF, uses options strategies to generate yield from Ethereum’s volatility.
Unlike traditional spot ETFs, this fund seeks to deliver consistent returns while still tracking the asset. The approach allows investors to benefit from ETH’s movement without solely relying on directional growth.
In addition, the ETF complements existing Ethereum products already available to institutional participants. This design offers flexibility by adding an income component to existing ETH allocations.
As a result, the product may strengthen Ethereum ETF adoption among investors looking for diversified exposure.
