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the market shows LTC breaking through $70, currently at $70.01, with a 24-hour increase of 2.19%. The market is highly volatile, please manage your risk accordingly.

[LTC breaks through $70]the market shows LTC breaking through $70, currently at $70.01, with a 24-hour increase of 2.19%. The market is highly volatile, please manage your risk accordingly.

LTC breaks through $70

due to Japanese Prime Minister Sanae Takaichi issuing a warning about abnormal exchange rate fluctuations, traders will be on high alert at the beginning of this week to guard against Japanese government intervention aimed at stopping the recent decline of the yen — this action may even receive rare assistance from the United States. Michael Brown, Senior Research Strategist at Pepperstone Group, stated: "Exchange rate checks are usually the last warning before intervention actions are taken. The Takaichi administration's tolerance for foreign exchange speculation appears to be much lower than that of its predecessor." Reports about exchange rate checks may deter the market from further shorting the yen, thereby squeezing yen short positions that have reached their largest increase in more than a decade. In the last few trading hours of last week, the yen experienced sharp fluctuations, reversing from a downward trend toward 2024 lows, surging 1.75% against the dollar to 155.63 at one point, marking the largest single-day gain since August last year. Nick, Chief Analyst at AT Global Markets, pointed out that if the United States participates in the potential exchange rate check, its impact would not be limited to the yen but could also affect global markets.

[Sanae Takashi's tough stance causes a short squeeze on yen traders.]due to Japanese Prime Minister Sanae Takaichi issuing a warning about abnormal exchange rate fluctuations, traders will be on high alert at the beginning of this week to guard against Japanese government intervention aimed at stopping the recent decline of the yen — this action may even receive rare assistance from the United States. Michael Brown, Senior Research Strategist at Pepperstone Group, stated: "Exchange rate checks are usually the last warning before intervention actions are taken. The Takaichi administration's tolerance for foreign exchange speculation appears to be much lower than that of its predecessor." Reports about exchange rate checks may deter the market from further shorting the yen, thereby squeezing yen short positions that have reached their largest increase in more than a decade. In the last few trading hours of last week, the yen experienced sharp fluctuations, reversing from a downward trend toward 2024 lows, surging 1.75% against the dollar to 155.63 at one point, marking the largest single-day gain since August last year. Nick, Chief Analyst at AT Global Markets, pointed out that if the United States participates in the potential exchange rate check, its impact would not be limited to the yen but could also affect global markets.

Sanae Takashi's tough stance causes a short squeeze on yen traders.

according to German media on the 23rd, German parliamentarian Strack-Zimmermann called on the German federal government to withdraw the gold reserves stored in the United States back to Germany. She stated that amid increasing global uncertainty and unpredictable US policies, it is no longer reasonable to keep about 37% of Germany's gold reserves in New York. For decades, Germany has stored more than 1,200 tons of gold reserves in the vault of the Federal Reserve Bank in Manhattan, New York City. Currently, about half of Germany's gold is stored in the vaults of its domestic financial center Frankfurt, and another 13% is stored in the British capital London.

[German lawmakers call for the return of more than 1,200 tons of gold from the United States.]according to German media on the 23rd, German parliamentarian Strack-Zimmermann called on the German federal government to withdraw the gold reserves stored in the United States back to Germany. She stated that amid increasing global uncertainty and unpredictable US policies, it is no longer reasonable to keep about 37% of Germany's gold reserves in New York. For decades, Germany has stored more than 1,200 tons of gold reserves in the vault of the Federal Reserve Bank in Manhattan, New York City. Currently, about half of Germany's gold is stored in the vaults of its domestic financial center Frankfurt, and another 13% is stored in the British capital London.

German lawmakers call for the return of more than 1,200 tons of gold from the United States.

<br>Colombia's second largest pension fund manager AFP Protección plans to launch a Bitcoin exposure fund for long-term asset allocation and diversification, rather than short-term speculation.

[AFP Protección, Colombia's second-largest pension fund manager, plans to launch a Bitcoin exposure fund.]<br>Colombia's second largest pension fund manager AFP Protección plans to launch a Bitcoin exposure fund for long-term asset allocation and diversification, rather than short-term speculation.

AFP Protección, Colombia's second-largest pension fund manager, plans to launch a Bitcoin exposure fund.

according to Onchain Lens monitoring, 7 addresses associated with a certain entity (0x037...9e52, 0x471...f725, 0x3ed...41a0, 0xfdc...a74c, 0xfe1...8b9f, 0x278...b4e8, 0x29a...3295) purchased 4,300 XAUT at a price of 5,049 USD each, totaling 21,710,000 USD.

[Seven addresses associated with a certain entity spent $21.71 million to purchase 4,300 XAUT tokens.]according to Onchain Lens monitoring, 7 addresses associated with a certain entity (0x037...9e52, 0x471...f725, 0x3ed...41a0, 0xfdc...a74c, 0xfe1...8b9f, 0x278...b4e8, 0x29a...3295) purchased 4,300 XAUT at a price of 5,049 USD each, totaling 21,710,000 USD.

Seven addresses associated with a certain entity spent $21.71 million to purchase 4,300 XAUT tokens.

Bitcoin Fear and Greed Index is 25. Extreme Fear.
Current Price: $89017.59.

[Bitcoin Fear and Greed Index is 25]Bitcoin Fear and Greed Index is 25. Extreme Fear.
Current Price: $89017.59.

Bitcoin Fear and Greed Index is 25

river Surges 16.96% in 24H, Currently at 56.736 USDT

【river currently trades at 56.736 USDT, up 16.96% in 24h, according to HTX market data.】river Surges 16.96% in 24H, Currently at 56.736 USDT

river currently trades at 56.736 USDT, up 16.96% in 24h, according to HTX market data.

gwei Surges 13.90% in 24H, Currently at 0.026599 USDT

【gwei currently trades at 0.026599 USDT, up 13.90% in 24h, according to HTX market data.】gwei Surges 13.90% in 24H, Currently at 0.026599 USDT

gwei currently trades at 0.026599 USDT, up 13.90% in 24h, according to HTX market data.

HTX data showed that XMR fell below 500  USDT and is now at 499.81 USDT, with a decrease of 1.86% in 24H.

[XMR fell below 500  USDT] HTX data showed that XMR fell below 500  USDT and is now at 499.81 USDT, with a decrease of 1.86% in 24H.

XMR fell below 500  USDT

On August 16th, Scopescan announced that it has launched on the Polygon network, where users can track addresses, obtain trading signals, and track entities.

[Scopescan adds Polygon network]On August 16th, Scopescan announced that it has launched on the Polygon network, where users can track addresses, obtain trading signals, and track entities.

Scopescan adds Polygon network

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Article

Rick Rieder's chances of becoming the next Federal Reserve Chairman have risen to 58%, making him the frontrunner.

The controversy surrounding the US crypto-structures bill's ban on stablecoin yields may accelerate the flow of funds to a "synthetic dollar" and trigger capital flight.

Scopescan adds Polygon network

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

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