Crypto World
Euro and Pound Remain Cautious Ahead of FOMC Minutes
The euro and British pound are trading cautiously against the US dollar as markets await the release of the minutes from the Federal Reserve’s latest meeting. At its July meeting, the Fed left interest rates unchanged and reiterated that future decisions would depend on incoming economic data.
Investors will pay particular attention to how FOMC members assessed inflation risks, labour-market conditions and the outlook for interest rates. Following softer inflation data and signs of a cooling labour market, a more dovish tone in the minutes could strengthen expectations of monetary easing and weigh on the dollar. Conversely, a continued emphasis on inflation risks and a restrictive policy stance could provide additional support for the US currency.
For sterling, today’s UK inflation figures will provide an additional catalyst. The data will be closely assessed for clues about the Bank of England’s next policy steps. Persistent price pressures could reduce the scope for further monetary easing and support the pound, while a more pronounced slowdown in inflation could reinforce expectations of lower interest rates.
With few major domestic catalysts for the euro, EUR/USD is likely to remain particularly sensitive to movements in the US dollar. As a result, the FOMC minutes could become a key driver of the pair’s next move.
EUR/USD
EUR/USD tested the June highs near 1.1600 yesterday. From a technical perspective, the pair could extend its advance towards 1.1660–1.1680 if the previous session’s high is successfully turned into a support level.
Failure to establish a firm foothold above the current levels, however, could trigger a corrective move and bring the pair back towards the 1.1500 support area.
Key events for EUR/USD:
- today at 12:30 (GMT+3): German 10-year Bund auction;
- today at 17:30 (GMT+3): US crude oil inventories;
- today at 21:00 (GMT+3): release of the FOMC minutes.
GBP/USD
GBP/USD buyers have managed to push the pair above the important 1.3500 resistance level over the past few sessions. If the pair can maintain its position above this threshold, the next upside targets could be found around 1.3600–1.3640.
A decisive move back below 1.3500, on the other hand, could signal the start of a bearish correction towards the 1.3430–1.3470 area.
Key events for GBP/USD:
- today at 09:00 (GMT+3): UK Consumer Price Index (CPI);
- today at 11:30 (GMT+3): UK house price index;
- tomorrow at 15:30 (GMT+3): US Philadelphia Fed Manufacturing Index.
EUR/USD and GBP/USD are both holding close to important technical levels, leaving the next directional move dependent on fresh fundamental signals. UK inflation will be the first major catalyst for sterling, while the FOMC minutes represent the main event for both currency pairs.
A more dovish message from the Federal Reserve could put renewed pressure on the dollar and support further gains in the euro and pound. Conversely, a persistently hawkish stance could strengthen the US currency and trigger corrective declines in both EUR/USD and GBP/USD.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips (additional fees may apply). Open your FXOpen account now or learn more about trading forex with FXOpen.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Entry-level workers are taking the sharpest hit from artificial intelligence (AI), according to Goldman Sachs. The bank tracked hiring across developed economies and found the drag concentrated at the start of careers.
The bank published the research on Wednesday after examining employment growth across more than 800 occupations.
Where AI Job Losses Show Up First
Industries most exposed to automation have posted slower growth in job openings since the second half of 2022. Goldman said the pattern is clearest in Germany, Australia, and the US.
Employment across information and communication services has cooled in almost every major developed economy over the same period. Outside the US, headcount in those industries still sits near or above its long-run trend.
Narrower categories tell a sharper story. Employment in call centers, software publishing, management consulting, and advertising services has fallen below the historical trend across developed markets.
According to the research, call centers stand out the most. Employment trails trend by 39% in the US, 33% in Canada, and 27% in Germany.
Goldman reads that as proof that the pressure lands first where automation tools already exist. Uber made that link explicit in July when it tied customer service job cuts to an AI efficiency push.
Adoption explains part of the gap. Major developed markets have reached rates of 15% to 20%, with France, the US, the Netherlands, and the UK leading. Italy, Japan, and New Zealand sit at the bottom, while emerging markets range between 10% and 15%.
Follow us on X to get the latest news as it happens
Entry-Level Workers Carry the Cost
The damage concentrates at the start of careers. Across the wider workforce, the effect stays small. A 10% AI exposure was linked to a 0.1% drag on annual headcount growth in France, Canada, and the US.
For entry-level roles, that same exposure cut growth by more than 0.6 points in Australia. The US drag topped 0.2 points.
The signal is already reaching campuses, with students avoiding computer science degrees in favor of fields they judge safer. Earlier, research from Goldman Sachs estimated that the technology was subtracting 16,000 jobs per month from US payroll growth.
US Layoff Data Backs the Trend
Meanwhile, Challenger, Gray & Christmas counted 33,429 job cuts in July. This was the lowest monthly total in two years.
AI led all stated reasons for the fifth consecutive month, accounting for 10,970 of those cuts, or 33%. Employers have named it in 112,713 announcements this year, roughly 24% of the total.
Technology sits at the center of the cutting with 149,023 announcements through July, up 67% from a year earlier. The sector now accounts for 31% of all 2026 cuts, extending the losses in tech and finance tracked earlier.
Andy Challenger, the firm’s chief revenue officer, said corporate messaging around the technology has shifted.
“Naming AI in a layoff announcement can win over investors while pushing current and prospective employees away. That’s why the messaging has swung from hedging to aggressively citing it,” he said.
Hiring plans complicate the picture. Companies announced 107,500 planned hires through July, up 25% from the same stretch of 2025. Demand is strongest in aerospace, energy, and manufacturing.
“Hiring has also increased over last year by 25%, so while AI is shifting the labor market, it is not dismantling it,” Challenger added.
Goldman concluded that the hiring pressure is visible worldwide but still confined to a narrow set of industries and workers. That containment is what US lawmakers demanding action on displacement will watch as adoption rises.
Subscribe to our YouTube channel to watch leaders and journalists provide expert insights
The post Goldman Sachs Report Shows Entry-Level Workers Feel Worst of AI Squeeze appeared first on BeInCrypto.
Widening losses and intensifying competition coincide with a pause in frontier reinforcement-learning training as openai strengthens its safety controls.
US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million.
Crypto World
‘I Have the Skills, I Have the Training.’ How Refugee Doctors Are Helping the U.S. Fight COVID-19 Even Without a Medical License
The refugees’ language skills and diverse cultural background are also an asset for a testing program directed at underserved communities and communities of color. At one newly opened testing site in Atlanta, CORE was able to provide not just medical expertise, but interpretation in 13 different languages, including Amharic, Arabic, Burmese, Kiswahili, Somali and Tigrinya. “To work with these new Americans who have been resettled with the IRC is gratifying,” says CORE Co-Founder and CEO Ann Lee. “CORE appreciates these dedicated volunteers, who enable us to scale and provide free COVID-19 testing to vulnerable communities throughout the United States.”
Both the IRC and WES hope that the database and the partnership with CORE will lead to greater opportunities for immigrant health professionals down the line, as well as a more streamlined process for getting them into the U.S. medical system. “To the extent that we can turn the situation into something that can meaningfully impact those 165,000 people’s lives while improving access to health care, that would be a positive outcome,” says the WES’ Esposito. “We know that there are urgent needs for licensed health care staff and there are also needs to fill other public health roles,” she says, noting a growing need for contact tracers within the U.S. “These are roles where immigrants and refugees can really contribute. There are roles where you don’t need to change policy to make sure that people are going where they are needed.”
Although Al-Sarray is confident that eventually he will make it as a doctor in the U.S., he is thrilled to be playing a role in the pandemic response now, no matter how small. Before starting his training program as a safety officer for CORE, Al-Sarray boosted his infectious disease knowledge and personal protection equipment skills by watching instructional videos from the Centers for Disease Control and Prevention and the World Health Organization. Within a few hours of starting work at Dodger Stadium in late May, he was already adjusting the test-handling protocols to help minimize the risk of contagion. By the end of his first day, he was giddy with a sense of accomplishment.
“Now that I am in the front lines, I am even more excited because I am seeing first-hand the amount of people that we are helping,” he says. “Being a part of such a large testing site really makes you feel like you’re contributing to the response. I feel like I am making a difference.”
—With reporting from Carlo Barrera/Los Angeles
Hayes revealed his new role as Flop Labs CEO and teased a “massive airdrop” from the AI inference protocol in the fourth quarter of 2026.
Protecting patients from getting exposed to the virus also guides some of her decisions around how to provide chemotherapy. “If I have a choice between a [chemotherapy] drug that is given every week and a similar one that is given every three weeks, I now routinely use the one that’s given every three weeks,” she says. “Even if there are a few more side effects, if it reduces the number of times a patient has to come in, then this is a conversation I’m having with them.”
Similar adjustments are possible for radiation treatment in some cases. Normally, radiation therapy is broken up into smaller, daily fractions in order to preserve the healthy tissue around cancers from the toxic effects of single blast. For breast cancer patients, recent, albeit early studies that followed patients for five years, suggested that significantly shorter courses of treatment—given over five days compared to 30, for example—could be equally as effective in controlling the cancer. “Typically we wouldn’t embrace [such early results] in daily practice as quickly as we did except for the pandemic,” says Dr. Reshma Jagsi, deputy chair of radiation oncology at the University of Michigan. “But some patients were willing to take the risk of not having long term evidence on the safety and trust the five year data which was certainly compelling and intriguing.”
For the most part, cancer patients have understood the importance of continuing their treatment and of balancing their risk of cancer against their risk of getting COVID-19. In fact, says Busby, “it’s not so much our patients we worry about but the patients who are not ours yet.” Most hospitals canceled routine cancer screening appointments for things like mammograms and colonoscopies, which are essential for detecting cancer early. And many people who might have potential cancer symptoms and aren’t diagnosed yet, aren’t going to the doctor because of COVID-19 fears. If that’s the case—and only data on cancer rates in the coming months and years will provide the answer—it’s possible that both the number of new cancer cases and their severity will increase as a result of the pandemic.
“My concern is for the patients who have not yet been diagnosed with cancer; for those patients who delayed their screening; for patients who put off being examined for certain symptoms,” says Jagsi. “Those patients will be diagnosed at later stages and I do have great concern there that will change cancer-related treatment outcomes.” In recent years, advances in screening have helped doctors more regularly diagnose patients at earlier stages where their disease is still treatable and curable, Jagsi notes. “I fear that some COVID-19-related delays may compromise some of the advances we have seen.”
How deeply COVID-19 will cut into those gains won’t be clear until more data on new cancer cases becomes available in coming months. But most experts agree that “it’s hard to imagine that the pandemic would contribute to a better situation; it’s going to have to be worse,” says Carey.
In the meantime, patients are learning to accept the adjustments they need to make to ensure their treatments continue with as little disruption and in the safest way possible. Satterfield has had two COVID-19 tests because the chemotherapy she receives gives her a runny nose, cough and diarrhea—all symptoms of COVID-19 that are flagged when she is screened before entering the cancer center for her treatments. But she’s okay with that, and understands why it’s needed. For her, “the most challenging part is emotional. With any terminal illness, it’s there—I think, is this the way the world is going to be when I die? Is this how I see the end of my life? But I’m feeling better than I have in recent memory. As much as my health status doesn’t sound great, I feel great. And I’m thankful for that.”
XRP price is sitting right on top of the prediction level everyone’s been watching for weeks. The token trades at $1, with little to no movement today after briefly dipping into the high-$0.98 range earlier this week, or its lowest print since November. The more interesting question is what happens if this dollar floor cracks again, and there’s a rotation angle here that most traders haven’t priced in yet.
The move below $1 rattled sentiment, with Yahoo Finance flagging on August 17 that XRP was sitting “right on $1” with buyers unwilling to commit.
XRP just slipped back under $1 — 𝗕𝗮𝗻𝗸XRP (@BankXRP) August 17, 2026
Sharp rejection after tagging $1.008 sellers stepped in fast and dragged it straight to $0.996. 24h volume sitting at $21.8M with funding still positive.
Question is whether this is a shakeout or the start of something uglier https://t.co/aBSJxFAGiL pic.twitter.com/qEZlixH0ow
CoinGecko’s 24-hour volume reading of $756.5 million suggests conviction is thin on both sides right now, not absent. CoinGecko data shows the token has actually managed a small green candle over the last day, even as its 7-day change sits at -2%.
Zoom out, and the macro backdrop isn’t helping risk assets generally; chip stocks sold off, inflation fears resurfaced, and Treasury yields pushed the Nasdaq down over 1% at the open. That kind of tape tends to compress crypto ranges rather than break them cleanly in either direction.
Discover: The Best Token Presales
XRP Price Prediction: Hold $1.00 and Push Toward $1.20?
XRP has been boxed between $1.00 and $1.18 since late June, and today’s price action does little to resolve that range. The intraday band on live trackers shows a low of $0.9888 and a high near $1.007, a tight squeeze that typically precedes a directional break, not another quiet week.
Bull case: a reclaim and hold above $1.007 opens the door to the $1.06–$1.08 zone flagged around the last CPI print, with $1.18–$1.20 as the level that would meaningfully improve the technical structure.
Base case: continued chop between $0.99 and $1.03 while the market waits for a fresh catalyst.
Bear case: a clean break of $0.9888 exposes $0.97, and potentially the $0.90–$0.95 pocket if selling accelerates. Recent technical coverage and institutional exposure reports both suggest the range holds until a macro trigger forces the issue. Worth watching before adding size either way.
Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
Bitcoin Hyper Targets Early Mover Upside as XRP Grinds Sideways
Holding a large-cap through a multi-week range like this tests patience. The chart hasn’t given XRP holders much to celebrate since June, and a -2% weekly print on top of a failed dollar defense isn’t nothing.
For traders tired of watching a nine-figure market cap asset move a few cents in either direction, the calculus shifts toward projects still early enough to move on their own terms.
Bitcoin Hyper ($HYPER) is pitching itself as the first Bitcoin Layer 2 with full SVM integration. It boasts a smart contract with speed rivaling Solana, built on Bitcoin’s settlement layer.
The presale has raised $33 million at a current token price as low as $0.0136849, with a huge 35% staking reward available at the presale phase.
Standout features include a decentralized canonical bridge for BTC transfers and low-latency execution aimed at solving Bitcoin’s long-standing programmability gap.
Research Bitcoin Hyper before deciding if it fits a rotation strategy.
Discover: The Best Crypto to Diversify Your Portfolio
The post XRP Price Prediction: Lowest Since 2024, $1 at Risk appeared first on Cryptonews.
[PRESS RELEASE – Willemstad, Curaçao, August 19th, 2026]
1win, a crypto entertainment platform, has added Crypto Genesys, Pragmatic Play’s new crypto-themed slot, giving its players access to a title currently available across only a limited selection of gaming platforms.
As one of the few selected gaming platforms that offer Crypto Genesys, 1win is expanding its entertainment offerings beyond cryptocurrency transactions to include gaming experiences designed specifically for crypto-oriented audiences.
Set in the world of crypto, AI, and digital culture, Crypto Genesys takes players into a neon-lit cyberpunk metropolis where digital currencies meet futuristic gameplay. A cyborg character overlooks the reels, while crypto-inspired tokens, including a prominent Bitcoin symbol, drive the game’s visual identity.
Instead of traditional paylines, Crypto Genesys uses a scatter-pays system across a 6-reel, 5-row grid, allowing winning symbols to land anywhere on the reels. Tumbles clear winning symbols to make room for new ones, creating opportunities for consecutive wins within a single sequence.
The game also features multiplier symbols and Free Spins with accumulating multipliers. Players looking for more control over the gameplay can use the Ante Bet feature to increase their chances of triggering Free Spins or access the bonus round directly through the Buy Free Spins option.
With high volatility and a maximum win of up to 15,000x the stake, Crypto Genesys is designed for players looking for high-risk, high-reward gameplay wrapped in a distinctly crypto-inspired experience.
Crypto Genesys is now available to play on 1win.
About 1win
Founded in 2016, 1win is a crypto entertainment platform in the global gaming industry. Operating across Asia, Latin America, and Africa, 1win offers a wide range of entertainment products adapted to regional audiences. The brand has active collaborations with international public figures, including football legend Luis Suarez, martial artist Jon Jones, and Olympic champion and UFC fighter Gable Steveson. In 2026, 1win welcomed rapper Tyga, UFC legend Ilia Topuria, and reggaeton star Nicky Jam as members of the 1win VIP community.
The post Crypto Genesys Goes Live on 1win in Limited Platform Release appeared first on CryptoPotato.
Gemini co-founder Cameron Winklevoss says the artificial intelligence (AI) trade has handed investors a Bitcoin (BTC) time machine, with the asset now trading near half of last year’s price.
He posted the argument on X, urging investors to treat the drop as an entry point rather than a warning sign.
Why Winklevoss Calls This a Bitcoin Time Machine
Winklevoss argues that capital chasing AI stocks has suppressed crypto prices. As a result, buyers can now reach levels that looked out of reach twelve months ago.
He ties the weakness to competition for capital. AI equities absorbed flows that once moved into risk assets such as BTC.
The comparison rests on a simple counterfactual. A year ago, BTC traded above $120,000, and a few holders expected a slide back toward $60,000.
Bitcoin peaked at $126,080 on October 6, 2025, according to BeInCrypto price data. BTC now changes hands at $64,231, roughly 49% below that record. Meanwhile, the market value of the asset sits near $1.29 trillion.
The chart shows where the damage landed. BTC broke down sharply in February 2026 and has traded below $80,000 ever since.
The pitch also echoes his earlier calls. In July, Winklevoss backed Bitcoin and Zcash as the AI rout dragged South Korea’s Kospi index down almost 11%.
His own trading record complicates the message. In March, the twins moved $130 million in BTC to Gemini wallets, which analysts read as preparation to sell.
Gemini has felt the downturn directly. The exchange cut roughly 30% of its workforce earlier this year and posted a $585 million loss for 2025.
Analysts Still See Room Below $64,000
Not everyone treats the discount as a floor. One BeInCrypto study of cycle timing placed the bear market bottom near $47,000.
Institutional demand also looks thin. Last week, spot Bitcoin exchange-traded funds (ETFs) recorded $390 million in outflows as oil prices climbed.
The AI question cuts both ways. Money rotating out of AI stocks could lift crypto. However, a broad risk selloff would probably drag BTC lower first.
Still, Bitcoin has shown some independence this week. On Monday, the S&P 500 slipped while BTC pushed above $64,000 ahead of the Federal Reserve minutes.
Winklevoss closed his post by asking when Bitcoin goes back to the future. Traders watching the current Bitcoin price may read part of that answer in this week’s Fed minutes.
The post Bitcoin Time Machine Hands Buyers a 50% Discount, Cameron Winklevoss Says appeared first on BeInCrypto.
Goldman Sachs Report Shows Entry-Level Workers Feel Worst of AI Squeeze
Paul Pogba leaves Monaco after contract termination
Lexar Armor 700 8TB review: Impressive capacity, good speeds
-
Fashion5 days agoWeekend Open Thread: Ann Taylor
-
Sports5 days agoThis U.S. Amateur is a glimpse into golf’s future in more ways than you think
-
Tech5 days ago11 Ways to Rank Your Videos
-
NewsBeat4 days agoMyanmar says over 300,000 Rohingya refugees verified for repatriation as exodus enters ninth year
-
Sports4 days agoBirmingham 2026: Day 6 Timetable for Irish Athletes
-
Politics4 days agoSEQ Code: The Three Letter Boarding Pass Code That Could Give You The Worst Seat
-
Entertainment7 days agoKeke Palmer Subtly Hints At Sean Evans Drama With Cryptic Post
-
Tech6 days agoDeepSeek Harness launches as open source rival to Claude Code, alongside V4-Pro on API with higher prices
-
Sports7 days agoDeQuan Jones in ‘high spirits’ after successful leg surgery
-
Crypto World7 days agoPerplexity AI Predicts an XRP Scenario Few Analysts Are Discussing
-
Entertainment7 days ago2026’s Most Ambitious Fantasy Movie Officially Scores Sequel Update
-
Crypto World1 day agoOCC Greenlights Trump Family Crypto Firm for Trust Charter
-
Entertainment7 days agoAll 10 Hayao Miyazaki Fantasy Movies, Ranked
-
Fashion7 days agoWhy Botanical Fashion Never Goes Out of Style
-
Entertainment7 days agoTravis Kelce Breaks Silence On ‘Crazy’ Taylor Swift Wedding
-
Entertainment5 days ago10 Netflix Shows That Quietly Became Modern Classics
-
Fashion7 days agoWednesday’s Workwear Report: Stretch-Cotton Pleated-Waist Top
-
Fashion6 days agoThe Details Do the Dressing
-
Fashion5 days agoWeekly News Update, 8.14.26 – Corporette.com
-
Fashion7 days agoFendi Fall 2026 Marks a New Era
You must be logged in to post a comment Login