Ethereum Staking Cuts Threaten LSTs, Lido Tech Lead Warns

BitMine Buys 101,000 Ether While Reporting $6.5 B in Unrealized Losses

Bitcoin

A prolonged labor squeeze can shift disposable income toward high‑yield, low‑barrier assets, reinforcing Bitcoin’s role as a digital safe‑haven and boosting Ethereum’s staking demand, while risk‑off pressure on equities may increase crypto’s relative appeal. This mirrors past cycles where macro‑stress boosted crypto on‑chain activity despite broader market weakness.

UK unemployment has risen to a five‑year high, and a growing share of employed people are holding multiple jobs.