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gwei Hits New High of 0.028585 USDT, Up 5.75% in 24H

【gwei soared to 0.032079 USDT, a new high with a 24-hour increase of 5.75%. It currently trades at 0.028585 USDT on HTX.】gwei Hits New High of 0.028585 USDT, Up 5.75% in 24H

gwei soared to 0.032079 USDT, a new high with a 24-hour increase of 5.75%. It currently trades at 0.028585 USDT on HTX.

usat Hits New High of 1.0016 USDT, Up 0.00% in 24H

【usat soared to 1.0054 USDT, a new high with a 24-hour increase of 0.00%. It currently trades at 1.0016 USDT on HTX.】usat Hits New High of 1.0016 USDT, Up 0.00% in 24H

usat soared to 1.0054 USDT, a new high with a 24-hour increase of 0.00%. It currently trades at 1.0016 USDT on HTX.

river Surges 39.13% in 24H, Currently at 18.0105 USDT

【river currently trades at 18.0105 USDT, up 39.13% in 24h, according to HTX market data.】river Surges 39.13% in 24H, Currently at 18.0105 USDT

river currently trades at 18.0105 USDT, up 39.13% in 24h, according to HTX market data.

U.S. Treasury Secretary Janet Yellen: The Federal Reserve under the leadership of Kevin Warsh will also remain vigilant to ensure that policy timing does not become mismatched.

[US Treasury Secretary Bessant: The Federal Reserve, under Kevin Warsh's leadership, will also remain vigilant.]U.S. Treasury Secretary Janet Yellen: The Federal Reserve under the leadership of Kevin Warsh will also remain vigilant to ensure that policy timing does not become mismatched.

US Treasury Secretary Bessant: The Federal Reserve, under Kevin Warsh's leadership, will also remain vigilant.

&nbsp;Ethereum treasury company SharpLink disclosed on the X platform that its cumulative staked Ethereum rewards have reached 13,113 ETH. In addition, approximately 1.1 million USD (552 ETH) was earned through staking rewards last week.

[SharpLink's cumulative Ethereum staking rewards have reached 13,113 ETH.]&nbsp;Ethereum treasury company SharpLink disclosed on the X platform that its cumulative staked Ethereum rewards have reached 13,113 ETH. In addition, approximately 1.1 million USD (552 ETH) was earned through staking rewards last week.

SharpLink's cumulative Ethereum staking rewards have reached 13,113 ETH.

State Street strategist Lee Ferridge stated that there is a risk of the Federal Reserve cutting interest rates more significantly than the market expects once the next Fed chairman takes office, so the US dollar may fall by 10% this year. The market currently expects the Fed to resume rate cuts around June and to cut rates at least twice by 25 basis points each time before the end of the year. However, Ferridge believes the Fed has room to implement a third rate cut in 2026, partly because the successor to current chairman Jerome Powell will face pressure from US President Donald Trump to cut rates.

[State Street strategists believe the Federal Reserve may cut interest rates three times this year, potentially causing the dollar to fall by 10%.]State Street strategist Lee Ferridge stated that there is a risk of the Federal Reserve cutting interest rates more significantly than the market expects once the next Fed chairman takes office, so the US dollar may fall by 10% this year. The market currently expects the Fed to resume rate cuts around June and to cut rates at least twice by 25 basis points each time before the end of the year. However, Ferridge believes the Fed has room to implement a third rate cut in 2026, partly because the successor to current chairman Jerome Powell will face pressure from US President Donald Trump to cut rates.

State Street strategists believe the Federal Reserve may cut interest rates three times this year, potentially causing the dollar to fall by 10%.

&nbsp;the Dow Jones continues to hit intraday record highs, reaching as high as 50,471.58 points.

[The Dow Jones Industrial Average hit a new intraday record high.]&nbsp;the Dow Jones continues to hit intraday record highs, reaching as high as 50,471.58 points.

The Dow Jones Industrial Average hit a new intraday record high.

U.S. Treasury yields fell during the European trading session, with the market particularly focused on the U.S. January labor market data, which has been postponed to Wednesday. Prior to this, the weekly ADP private sector employment data is about to be released. DHFCapitalS.A. analyst Bas Kuijman stated in a report that these data may further strengthen market expectations of a U.S. interest rate cut. The asset management company pointed out: "In an environment where the resilience of the labor market is increasingly being questioned, any data falling short of expectations could heighten market caution before the nonfarm payroll report is released on Wednesday, putting pressure on the dollar and Treasury yields."&nbsp;

[Institutions: US Treasury yields decline as market focuses on upcoming US non-farm payroll report.]U.S. Treasury yields fell during the European trading session, with the market particularly focused on the U.S. January labor market data, which has been postponed to Wednesday. Prior to this, the weekly ADP private sector employment data is about to be released. DHFCapitalS.A. analyst Bas Kuijman stated in a report that these data may further strengthen market expectations of a U.S. interest rate cut. The asset management company pointed out: "In an environment where the resilience of the labor market is increasingly being questioned, any data falling short of expectations could heighten market caution before the nonfarm payroll report is released on Wednesday, putting pressure on the dollar and Treasury yields."&nbsp;

Institutions: US Treasury yields decline as market focuses on upcoming US non-farm payroll report.

&nbsp;Strategy posted on the X platform stating that even though the price of Bitcoin has dropped 24% in the past month, the price of Strategy's perpetual preferred shares STRC has rebounded and is close to the $100 anchor price. In addition, dividends have been paid in cash at an annualized dividend rate of 11%.

[Strategy: STRC, a perpetual preferred stock holder, paid an 11% annualized dividend in cash last month.]&nbsp;Strategy posted on the X platform stating that even though the price of Bitcoin has dropped 24% in the past month, the price of Strategy's perpetual preferred shares STRC has rebounded and is close to the $100 anchor price. In addition, dividends have been paid in cash at an annualized dividend rate of 11%.

Strategy: STRC, a perpetual preferred stock holder, paid an 11% annualized dividend in cash last month.

On August 14th, Jose Fernandez da Ponte, Senior Vice President of PayPal Blockchain, Cryptocurrency, and Digital Currencies, stated that although PayPal's stablecoin PYUSD, which is currently launched on Ethereum, can only be obtained through the PayPal wallet, their goal is to make PYUSD also available on major trading platforms. PayPal believes that stablecoins are the killer application of the current blockchain, especially in remittances, B2B payments, and digital goods. PayPal's vision is to become the channel between fiat currency and Web3, enabling stablecoin payment systems to become mainstream.

[Vice President of PayPal: PYUSD Is Planned To Be Adopted on CEX, and There Is No International Expansion Plan]On August 14th, Jose Fernandez da Ponte, Senior Vice President of PayPal Blockchain, Cryptocurrency, and Digital Currencies, stated that although PayPal's stablecoin PYUSD, which is currently launched on Ethereum, can only be obtained through the PayPal wallet, their goal is to make PYUSD also available on major trading platforms. PayPal believes that stablecoins are the killer application of the current blockchain, especially in remittances, B2B payments, and digital goods. PayPal's vision is to become the channel between fiat currency and Web3, enabling stablecoin payment systems to become mainstream.

Vice President of PayPal: PYUSD Is Planned To Be Adopted on CEX, and There Is No International Expansion Plan

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Article

usat soared to 1.0043 USDT, a new high with a 24-hour increase of 0.03%. It currently trades at 1.0016 USDT on HTX.

Vice President of PayPal: PYUSD Is Planned To Be Adopted on CEX, and There Is No International Expansion Plan

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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