Fed's Schmidt doesn't expect tariffs to impact prices soon & supports a "patient approach" to rate changes, noting current policy is restrictive. #Fed #economy #tariffs
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Trump claims his tariffs didn’t cause inflation & *benefited* the US, generating “trillions” & boosting the stock market. He says companies, governments & foreign entities—not consumers—absorbed the costs. He also criticized Goldman Sachs CEO David Solomon’s opposing view.
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Large Ethereum Transfer From Binance Raises Questions
A whale address has withdrawn 21,000 ETH (approximately $90.6 million) from the Binance exchange, according to on-chain data from Onchain Lens. The address now holds a total of 86,001 ETH, valued at around $377 million.
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Cathie Wood (@ARKInvest) remains incredibly bullish on Bitcoin, reiterating a $1M+ price target within 5 years. She sees BTC as the key on-ramp for institutional investors & a potential replacement for gold as a store of value. #Bitcoin #BTC #Crypto
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Trader AguilaTrades made $1.47M in 20 mins swinging Ethereum! After losing on 3 short positions, they went long, buying 15k ETH at $4,309 & selling at $4,405. 🚀 #Ethereum #trading #DeFi
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Trump says he's considering a lawsuit against Fed Chair Powell, claiming Powell was “too late” on interest rates & demanding cuts. Escalating criticism raises concerns about Fed independence. Trump: "He has to lower interest rates."
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SUI Network mistakenly announced a Robinhood listing, then quickly deleted the post! 😳 Speculation is swirling about a potential leak or premature disclosure. Official confirmation is still pending. 🤔 #SUI #Robinhood #Crypto
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US stocks opened higher today: Dow +0.4%, S&P 500 +0.4%, Nasdaq +0.5%. Circle (CRCL.N) jumped over 10% after a 53% year-over-year revenue increase in Q2. #stocks #circle #stablecoin
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German 30-Year Bond Yields Reach Highest Level Since 2011
The yield on Germany’s 30-year government bond has climbed to 3.264%, marking its highest point since 2011.
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Trump to meet with South Korean President Lee Jae-myung in Washington on August 25th. White House says talks will cover bilateral & regional issues. Details sparse.
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