Seema Shah, Chief Global Strategist at Principal Asset Management, stated that despite the rationale for easing policies, there is a lack of economic justification for a 50 basis point emergency rate cut. If the Fed were to do this, it might be seen as politically driven, increasing inflation expectations and market risks. The market might welcome a 25 basis point cut in September, but anything beyond that could have a counterproductive effect.

According to ChainCatcher news and Jin10 reports, Mona Mahajan from Edward Jones stated that Fed Chairman Powell's dovish shift at Jackson Hole is based on economic trends rather than political pressure. She pointed out that Powell's stance has been quite consistent, and the market recognizes that he has provided a balanced narrative, with no signs indicating that his position has changed due to political factors. At the same time, Powell mentioned that inflation driven by tariffs may be temporary and acknowledged that there are cracks appearing in the labor market, which has reignited market bets on a rate cut in September.

BlockBeats news, on August 22, Tom Lee posted on the X platform stating that Powell's speech was interpreted as "dovish," which was in line with expectations and favourable information for encryption (BTC, ETH). In the tweet he referenced, Tom Lee predicted on August 19 that in conversations with institutional investors, more people expected Fed Chairman Powell to lean towards "hawkish" because he did not want to be forced to cut interest rates. Since this is the "basic situation," his statement is likely to be viewed as "dovish." This means that the stock market may pump on Friday after the Jackson Hole event.

Jin10 data August 22 news, market strategist Art Hogan stated that Powell is able to talk about the risk balance shifting, hence policies may need to adjust accordingly. This is a clear signal indicating his willingness to support future rate cuts, which may occur in September, October, and December. In other words, the driving force clearly comes from the weakness in the labor market, not from the core commodity price rise we see due to tariffs... The clear message conveyed to the market is: a rate cut in September is now very likely.

Jin10 data reported on August 22 that market analysis indicates it is noteworthy that Powell remains open about how tariffs will ultimately affect prices in his speech, and he warned that this could mean faster inflation. The relevant part of his speech is as follows: "However, the price upward pressure brought by tariffs could also trigger more persistent inflation dynamics, which is a risk that must be assessed and managed."

Golden Finance reports that Fed Chairman Powell stated at the Jackson Hole Global Central Bank Annual Meeting that the previous framework overly emphasized specific economic conditions, which may have led to some confusion; the new framework aims to adapt to various economic conditions. When there are conflicts between the Fed's goals, the new framework requires a balanced response.

Foresight News reports that Fed Chairman Powell stated that a shift in risk balance may require adjustments to policy. In my view, the Fed's policy interest rate is moderately tight.

According to ChainCatcher news and reports from Jin10, Nicholas Colas, co-founder of DataTrek Research, expects Powell to discuss the still low initial jobless claims and the rising trend of continuing jobless claims. This pattern indicates that U.S. employers are in a state of 'not firing old employees and not hiring new ones', reflecting a stable U.S. labor market, but also making the market susceptible to slight shocks, potentially increasing the risk of layoffs.

Jin10 data on August 22 reported that Mark Haefele of UBS Group stated that the rise momentum of global stock prices may continue. He pointed out: "We expect the economy will achieve a soft landing, and robust corporate earnings along with lower interest rates will support the market in the next 12 months." Haefele noted that corporate earnings have consistently exceeded expectations, which provides justification for the high stock market valuations. "This indicates to us that the market is not in a bubble."

Chris Turner of ING noted that foreign Central Banks are reducing their holdings of US Treasuries and dropping their dollar exposure. Although the private sector in the US catching a falling knife may mitigate market impacts, negative effects on the dollar may still persist. The amount of US Treasuries held by the Fed has fallen to $2.83 trillion.

Jin10 Data reported on August 22, that Siquan New Materials announced that the company's stock has experienced a cumulative fluctuation deviation of over 200% in the closing price over the past 30 trading days, which may indicate an overheated market sentiment and poses a risk of a significant price drop after a sharp rise. The company's recent operational situation, the internal and external business environment, and the company's fundamentals have not undergone significant changes. The company's main products are thermal management products, which are used in consumer electronics and new energy sectors. The company has no significant matters that should be disclosed but have not been disclosed, and the controlling shareholder and actual controller did not buy or sell the company's stock during the period of severe abnormal fluctuations in stock trading.

Jin10 News on August 22: The tax reduction lists released by the EU and the United States do not include important sectors for the EU such as wine and spirits, and the tariff rate for these categories remains at 15% in the United States. In response, a representative from the relevant industry association in France expressed disappointment on the 21st, stating that this outcome will result in losses of over 2 billion euros for EU wine and spirits exporters.

Odaily News Kroll, a financial and risk consulting firm, is facing a class action lawsuit due to a data breach incident that occurred in August 2023, with the plaintiffs being FTX client Jacob Repko and other affected creditors. The lawsuit claims that the breach has led to encryption creditors frequently receiving phishing emails, impacting information security and the claims process. Some creditors reported receiving scam emails almost every day. If the lawsuit is successful, eligible victims may receive compensation, which could prompt Kroll to adjust its operating methods. (Cointelegraph)

Golden Finance reported that Matrixport released a weekly report stating that Bitcoin has reached a new historical high, but the overall momentum appears particularly weak. Key indicators that had been continuously rising are now showing significant divergence, raising doubts about the sustainability of this round of pump. Debt expansion, seasonal factors, and on-chain structural changes are all acting on the market. Some data reflects a tendency for profit-taking in the market, while other indicators show that the core driving force of the bull run is still present. The gap between short-term enthusiasm and long-term confidence is rapidly narrowing, and the coming weeks may become a key Node in determining the trend. In the past six weeks, we have consistently maintained a relatively cautious trading position. The reason is that Bitcoin's recent breakout attempts lack the confidence and subsequent momentum displayed during previous bull runs. The overall timing seems a bit awkward, and the key indicators that have consistently supported strong upward movement have not appeared simultaneously. Therefore, it is not surprising that Bitcoin is currently maintaining a range-bound oscillation pattern.

On August 22, the Crypto Assets market continued to oscillate narrowly, with Bitcoin (BTC) and Ethereum (ETH) both slightly retreating. BTC firmly held the key support at $112,003, while ETH stabilized around $4,204. The technical indicators show that long positions momentum has weakened, but the medium-term bullish trend remains unchanged. The Gate analysis team will break down the current technical signals and investment strategies for you.

Jin10 data reported on August 22, Reuters' survey shows that most economists believe the Reserve Bank of New Zealand may cut interest rates twice more this year to 2.50%. The Reserve Bank of New Zealand's rate cut this Wednesday aligns with economists' and financial markets' expectations, but the unexpected downward revision of the path for the Official Cash Rate (OCR) and two votes in favor of a more significant cut of 50 basis points prompted economists to revise their outlook for the future. Over 75% of the surveyed economists (13 out of 17 economists) predict a cut of 50 basis points this year, while a survey conducted before the meeting showed that economists held two views: one being no further rate cuts and the other only a further cut of 25 basis points. Four economists believe there will be a slight adjustment down to 2.75%. Nearly 90% of economists (15 out of 17 economists) expect the next meeting on October 8 to result in a cut of 25 basis points. Two expect no changes.

Gate News Bot message, August 22, according to CoinMarketCap data, as of the time of writing, LABUBU (LABUBU SOL) is currently priced at $0.01, falling by 5.96% in the last 24 hours, with a high of $0.01 and a low of $0.01. The current market capitalization is approximately $8.59 million, a decrease of about $544,700 compared to yesterday. LABUBU Recent Important News: 1️⃣ **Bubble Mart's market capitalization hits a new high, launching a mini LABUBU** Recently, Pop Mart's stock price has surpassed 298 HKD, and its market capitalization is close to 400 billion HKD, setting a new historical high. The company plans to launch a mini version of LABUBU soon, which may bring new attention and potential user base to the LABUBU project. However, the LABUBU token price has not benefited from this positive news.

The United States has suspended the distribution of new commercial truck driver visas, citing that the increase in foreign drivers poses a security threat and affects the livelihoods of local drivers. This may exacerbate the labor shortage in the trucking industry, which is already showing a shortage of tens of thousands of drivers. The impact of the new regulations on existing foreign drivers is still unclear, but it could prevent new drivers from entering the country or renewing their contracts.

According to a report by Jinse Finance, Pennsylvania Democratic Representative Ben Waxman has introduced a bill (HB1812) that aims to prohibit public officials and their immediate family members from profiting from Crypto Assets during their terms, including the issuance, promotion, or trading of digital assets in which they have a financial interest. The bill stipulates that relevant individuals may not conduct more than $1,000 in Crypto Assets transactions during their term and for one year after leaving office, and they must close all positions within 90 days of the bill taking effect. Violations can result in up to 5 years in prison or a fine of up to $50,000. Waxman introduced this bill in response to the controversy surrounding Trump and his family allegedly profiting from public office.

According to ChainCatcher news, Jin10 reported that Fed official Collins stated that if the labor market outlook worsens, it may be appropriate to cut interest rates in the short term. He pointed out that one cannot wait for inflation to become completely clear before considering a rate cut.

BlockBeats news, on August 22, CryptoQuant research director Julio Moreno stated, "The Bitcoin bull market index has shifted from the 'bullish cooling' phase to the 'neutral' phase, with the index declining from 70 to 50. For risk management reasons, if the index weakens further, it means that the Bitcoin price may continue to dip."

PANews, August 21 - According to Jin10 data, Fed official Hamak stated that the current inflation level is too high and is on the rise, requiring a high level of focus. He believes that there is still some distance to reach a neutral policy level, but there is no need to adopt stimulative policies. In addition, Hamak pointed out that the labor market may remain balanced despite facing economic slowdown, and the unemployment rate is one of the important indicators. Regarding the impact of tariffs, he stated that it is still unclear whether it is merely a one-time effect. Based on current data, he expects that the Fed will not cut interest rates in September.

Jill Hirzel of Insight Investment believes the dollar may weaken due to Trump’s policies undermining the exceptionalism of the United States, leading to a reduction in capital inflows. However, investors should be cautious about betting on a decline in the dollar, as growth in other regions is weak, and real interest rates may remain high.

ChainCatcher news, according to Jin10, Atlanta Fed President Bostic stated that he still believes there is a possibility of a rate cut this year, which is consistent with his prediction in June. He pointed out that the trends in the labor market "may be concerning" and are worth close attention. Bostic emphasized that there is significant uncertainty in predictions in the current environment, and he expressed a preference for the Fed to maintain a single direction after starting action, rather than acting first and then retracting.

According to BlockBeats news, on August 21, former St. Louis Fed Chairman Bullard stated that the current Intrerest Rate is at a high level and could be reduced by 100 basis points by 2026. (Jin10)

PANews August 21 news, according to TK Research analysis, $BIO Token is steadily rising in the DeSci field, with the current total Lock-up Position (TVL) of the Bio Protocol being approximately 9 million USD. Among this, about 70% is short-term lock-up (1 to 4 weeks), about 30% is medium to long-term lock-up, and 15.1% is locked for the longest period of 104 weeks. Analysis suggests that the continuous rise of the medium to long-term Lock-up Position ratio may drive up the Token price, while the high proportion of short-term positions may bring certain selling pressure. If the medium to long-term Lock-up Position ratio further increases, $BIO may welcome a new round of price rise.

According to BlockBeats news on August 21, the official announcement states that the autonomous IP L1 Blockchain Camp Network has officially established the Camp Foundation, which may imply an upcoming TGE.

Jin10 Data, August 21 – Analysts at Investec Economics, led by Henderson, stated in a report that the better-than-expected UK public finance data for July may relieve UK Chancellor Reeves. The net borrowing of the public sector in July was £1.1 billion, lower than £3.4 billion in the same period last year and also below the widely estimated £3.2 billion. For the four months up to July, public borrowing stood at £60 billion, close to the Office for Budget Responsibility’s forecast of £59.9 billion. Henderson noted that Reeves "may breathe a sigh of relief as the monthly net borrowing data largely aligns with expectations."

Golden Finance reports that Glassnode analysis believes that the price movement of Bitcoin may still be following the historical four-year Halving cycle, showing a profit-taking by long-term holders and signs of weakened demand, with recent prices having pulled back from new highs. Although market predictions are subject to change, the cyclical characteristics remain evident.

According to Foresight News, Bob Bodily, co-founder of Odin.fun, tweeted that "We are very close to resuming trading. The best-case scenario is about 48 hours from now. However, the worst-case scenario may also be delayed by a few more days (or even longer). We will release a complete audit report and an external review report before the official launch. These two final documents are expected to be released in the next approximately 12 hours."

Meta Platforms has decided to freeze hiring in its artificial intelligence department and prohibit cross-team movement due to departmental restructuring. Although external hiring may have exceptions, it requires approval from senior management, and this move aims to establish a structure for the new superintelligence project.

Bitcoin (BTC) price has slightly rebounded, currently reported around $114,260 on August 21. British media exclusively disclosed that China is considering allowing the use of a stablecoin backed by the renminbi for the first time, marking a significant shift in China's stance on digital assets. Wyoming Senator Cynthia Lummis stated that the long-awaited U.S. market structure bill could be "on President Trump’s desk by the end of this year." The Federal Reserve (FED) warned that if banks ignore the adoption of blockchain now, they may become irrelevant.

Jinse Finance reports that Token buybacks have become an important trend in Crypto Assets fund management. Data shows that mainstream protocols buy back a total of about $40 million per week, with Hyperliquid accounting for $24 million and the Meme coin platform Pump contributing $10 million. The buyback mechanism is similar to corporate stock buybacks, aimed at reducing circulating supply, boosting prices, and conveying long-term confidence. However, the effects of buybacks vary: some protocols benefit significantly in the short term, but may face pressure after buybacks end or are reduced. The sustainability of buybacks depends on protocol revenue and operational capabilities, with higher-revenue platforms more likely to maintain stable buybacks.

Golden Finance reports, Fed meeting minutes: Several participants indicated that the current target range for the federal funds interest rate may be close to the neutral level.

On August 20, Jin10 reported that the Central Bank of Israel has maintained interest rates for the 13th consecutive time, cautiously weighing the economic slowdown against the ongoing uncertainty brought about by the Gaza conflict. On Wednesday, the bank kept the benchmark interest rate at 4.5%, in line with market expectations. The day before this decision, Prime Minister Netanyahu's cabinet approved a budget increase equivalent to about 1.5% of GDP to cover war expenses. This year's revised budget added 30 billion shekels (about 8.8 billion USD) in defense spending, raising the estimated fiscal deficit from 4.9% to 5.2%. Israel plans to take control of Gaza City in the coming weeks, a move that will require the mobilization of tens of thousands of reserve soldiers and may further exacerbate supply chain tensions. A new ceasefire proposal put forward by Egypt and Qatar, which has been accepted by Hamas, could delay or even cancel the aforementioned plans. However, Israel has not yet clarified whether it is willing to cease fire immediately.

Jin10 data reported on August 20th that TD Securities strategists stated that the latest interest rate cut by the Reserve Bank of New Zealand was within market expectations, but what surprised the market was the implication that further cuts are expected in the future. Prashant Newnaha wrote: "We will not ignore this signal." He pointed out that two committee members voted for a 50 basis point cut, and this dovish shift occurred while the acting governor still judged the likelihood of inflation exceeding 3% this year to be 50/50. The Reserve Bank of New Zealand's confidence in the existence of idle capacity in the New Zealand economy may have been strengthened by labor market data significantly below May expectations. Even in the face of rising inflation risks, the Reserve Bank appears determined to move towards further interest rate cuts. As a result, TD Securities has adjusted its forecast, now expecting the Reserve Bank of New Zealand to cut rates by 25 basis points in both October and November, with a terminal interest rate reaching 2.50%.

Jin10 data reports on August 20, the UK government bonds rebounded strongly on Wednesday, with the 10-year yield ending a four-day streak of rises. The yield is heading towards its largest drop in a month. The inflation report had little impact on this year's rate cut expectations, but bets on further cuts next year have increased. Swap contracts currently imply about a 75% probability of the interest rate being lowered to 3.5% by the end of next year, a shift that partly explains the movement of UK government bonds. Macro strategist Conor Cooper said: "Many still believe that regardless of inflation, the Bank of England will eventually lower rates to below 3.75%. If the Bank of England is forced to maintain tight policy in the short term to ensure inflation is controlled, then the already troubled economy will bear even greater pressure, ultimately requiring a faster pace of rate cuts than previously envisioned after inflation stabilizes. This is favourable information for UK government bonds and may also be a factor that traders will consider when interpreting UK inflation data in the coming months."

Jin10 data reported on August 20th, gold futures rose, reversing the decline from the previous trading day. David Morrison from Trade Nation noted in the report that gold has maintained a range fluctuation for about the past 10 weeks. Traders may be closely following the dollar's movements, as significant changes in the dollar could serve as a catalyst for gold to break through the current range. A weaker dollar makes gold, priced in dollars, cheaper for international buyers, while also weakening the competition between the dollar and gold in terms of safe-haven attributes, thereby increasing the demand for gold. Morrison stated that factors that could trigger dollar fluctuations include the Fed meeting minutes to be released on Wednesday, and more likely Powell's speech on Friday at Jackson Hole.

Jin10 data reported on August 20 that Evgeny Griva, Russia's deputy trade representative in India, stated that despite the possibility of higher U.S. tariffs, Russia still expects India to continue purchasing its oil. Griva said on Wednesday that India's imports of Russian oil may remain at current levels. This statement comes amid escalating tensions over U.S.-India tariffs. Trump has imposed a 25% tariff on Indian goods and threatened to raise it to 50% on August 27, with half of the penalties targeting India's purchase of Russian oil, which the U.S. believes helps fund Putin's war in Ukraine. India defends its right to procure from the cheapest sources, stating that the tariffs are "unreasonable." Griva noted that Russian oil is sold to India at about a 5% discount, leaving India with almost no alternative options. By mid-2025, India's imports of oil from Russia are expected to be around 1.7 million barrels per day, accounting for the total overseas procurement of the country.

Jin10 data reported on August 20, Monex Europe analysts stated in a report that after the UK announced inflation data higher than expected on Wednesday, the pound may struggle to maintain its appreciation momentum. Analysts indicated that a single data point is unlikely to significantly alter the Central Bank of the UK’s inclination to cut interest rates against the backdrop of a weak labor market. "We still expect that growth resistance and the upcoming fiscal tightening will force the Central Bank of the UK to cut rates again later this year, which will make the pound more sensitive to external factors and the risks clearly skewed to the downside." The annual inflation rate in the UK rose to 3.8% in July, up from 3.6% in June, also exceeding the market expectation of 3.7%.

PANews news on August 20th, according to The Block, after the price of Ethereum broke $4,000 recently, the short positions of hedge funds surged, with the short scale reaching $2.3 billion on August 5th, now rising to $4.19 billion, a historical high. Meanwhile, asset management institutions hold long positions of $1.22 billion, with unreported positions being positive $77.5 million, and the net short in the "other" category being -$397.5 million. Analysts say that the high level of short positions may trigger a short-term squeeze, driving price fluctuations.

Ethereum's recent price is close to $5,000 but has failed to break through, due to intensified shorting by large hedge funds that is increasing downward pressure. Hedge funds' short positions rose from $2.3 billion to $4.19 billion in August, indicating their bet on a decline in ETH prices. Meanwhile, asset management companies still hold long orders, reflecting a divergence in the market. Historical data suggests that high short positions may trigger a short squeeze, which could drive prices back up.

Gate News Bot news, on August 20, according to CoinMarketCap data, as of the time of publication, RARE (SuperRare) is currently priced at 0.06 USD, with a rise of 10.46% in the last 24 hours, reaching a high of 0.06 USD and a low of 0.05 USD. The current market capitalization is approximately 489,000 USD, an increase of nearly 46,300 USD compared to yesterday. RARE recent important news: 1️⃣ **SuperRare platform encounters security vulnerability** The SuperRare NFT platform recently encountered a security vulnerability, resulting in some RARE tokens being illegally acquired. This incident has raised market concerns regarding the security of the SuperRare ecosystem, which may negatively impact the short-term price performance of RARE tokens. 2️⃣ **RARE price experiences significant fluctuations**

Odaily News Solana co-founder Toly posted on social media that Pump.fun has the potential to develop into a global streaming platform.

Jin10 data reported on August 20 that analysts from CGS International stated in a research report that the Central Bank of Thailand may continue to cut interest rates. They mentioned that the Central Bank had signaled earlier this month during a meeting that the policy interest rate could be further lowered. Analysts expect that Vithai Ratanakong, who will assume the position of new governor on October 1, will lower the policy interest rate by 25 basis points each in October and December, bringing the rate down from the current 1.50% to 1.00%. Analysts pointed out that considering the Fed is expected to cut interest rates before the end of the year, this would allow the Central Bank of Thailand to continue easing monetary policy without excessive concern about capital outflows.

Golden Finance reports that North Korean hackers used "hijacking multisignature" technology to steal over $1.75 billion in Crypto Assets within 18 months. Security researchers recommend adding "integrity checks" in the multisignature process as a protective measure for final approval.

Jin10 reported on August 20 that economists from CGS International analyzed that Malaysia's exports may decline in the second half of the year, with major risks including U.S. tariffs on semiconductors and weakening palm oil exports. Electrical and electronic products account for 43.5% of Malaysia's exports, with semiconductors making up as much as 68%, making policy impacts significant.