NEW: 🏦 Fed Chair Warsh delivers keynote at Jackson Hole—eyes turn to potential rate cues and stance on inflation.
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NEW: 🇺🇸 U.S. urges Israel to avoid unilateral military action against Iran — Al Hadath reports
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Cardano DEX volume skyrocketed 1,551% week-on-week, reaching $151.01 million in the past seven days. On August 22, daily volume hit a record high of 245.31 million ADA—reflecting a major uptick in on-chain activity and capital flow within the ecosystem. See the surge in the image below.
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NEW: 🇺🇸 Fed Chair Warsh voices inflation concerns, calls for a more restrained central bank in his Jackson Hole speech.
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NEW: 🇺🇸 Traders increasingly expect a September Fed rate hike over a hold, signaling a shift in policy outlook.
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Investors in Trump's crypto ventures are sitting on losses of at least $4.7B, according to a nonprofit report.
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🇷🇺🏦 Sber is planning to expand its lending services backed by digital assets. In the near future, the bank aims to accept not only #BTC, but also #ETH and #USDT as collateral.
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NEW: 🇮🇷 Iran has attempted to target a vessel in the Strait of Hormuz using drones and missiles within the past hour.
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BREAKING: 🇺🇸🇻🇪 Trump announces "the biggest oil deal in world history" with Venezuela.
The president claims the U.S. has gained majority control over more than 65 billion barrels of Venezuelan oil—“at no cost to the American taxpayer.”
According to Trump, the agreement more than doubles America’s oil reserves and will “substantially lower gas prices” across the country.
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The president claims the U.S. has gained majority control over more than 65 billion barrels of Venezuelan oil—“at no cost to the American taxpayer.”
According to Trump, the agreement more than doubles America’s oil reserves and will “substantially lower gas prices” across the country.
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NEW: 🇷🇺 Ukrainian strikes on Russian refineries have severely impacted jet fuel output, prompting Moscow to suspend exports and import 70,000 tons from South Korea and Egypt using shadow-fleet tankers.
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👀 MYSTERY: Did Kevin Warsh’s mention of “hike” trick the algorithms?
In his Jackson Hole speech, Warsh said “hike” three times—but he was talking about trails, not rate hikes. He deliberately sidestepped the term “forward guidance,” instead framing his vision as a “trail map.” Moments after he ended one sentence with “hike” and began the next with “interest rates,” gold and silver surged nearly 1%. Minutes later, they plunged, wiping out $730 billion in value. The likely culprit? Algorithms misreading hiking trails as monetary policy signals, sparking a wave of automated trading.
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In his Jackson Hole speech, Warsh said “hike” three times—but he was talking about trails, not rate hikes. He deliberately sidestepped the term “forward guidance,” instead framing his vision as a “trail map.” Moments after he ended one sentence with “hike” and began the next with “interest rates,” gold and silver surged nearly 1%. Minutes later, they plunged, wiping out $730 billion in value. The likely culprit? Algorithms misreading hiking trails as monetary policy signals, sparking a wave of automated trading.
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BREAKING: 🇮🇱🇱🇧 Israel ($ILS) has conducted an airstrike on the Wadi al-Hujeir region in southern Lebanon.
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