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Federal Reserve Chairman Jerome Powell on Saturday praised former Fed Chair Paul Volcker's "courage to resist" political pressure during his fight against inflation in the 1980s. The remarks are significant as Powell himself has been working to defend the Fed's independence amid attempts by the Trump administration to force him to lower interest rates. "His actions taught us that independence and integrity are inseparable – that we need independence to do the right thing, and we need integrity to use that independence wisely," Powell said in a recorded video accepting the Paul A. Volcker Award for Public Service Integrity.

[Powell Praises Former Fed Chair Volcker for 'Resisting' Political Pressure]Federal Reserve Chairman Jerome Powell on Saturday praised former Fed Chair Paul Volcker's "courage to resist" political pressure during his fight against inflation in the 1980s. The remarks are significant as Powell himself has been working to defend the Fed's independence amid attempts by the Trump administration to force him to lower interest rates. "His actions taught us that independence and integrity are inseparable – that we need independence to do the right thing, and we need integrity to use that independence wisely," Powell said in a recorded video accepting the Paul A. Volcker Award for Public Service Integrity.

Powell Praises Former Fed Chair Volcker for 'Resisting' Political Pressure

Analyst Alessio Rastani stated that Bitcoin's recent rebound is not strong enough to confirm a sustained upward trend. He warned that before a true bottom is formed, Bitcoin still has the potential to fall again, possibly even below $60,000.

[Analyst: Bitcoin Still at Risk of Falling Below $60,000]Analyst Alessio Rastani stated that Bitcoin's recent rebound is not strong enough to confirm a sustained upward trend. He warned that before a true bottom is formed, Bitcoin still has the potential to fall again, possibly even below $60,000.

Analyst: Bitcoin Still at Risk of Falling Below $60,000

HTX data showed that TRX broke through 0.31  USDT and is now at 0.310027 USDT, with a increase of 0.56% in 24H.

[TRX broke through 0.31  USDT] HTX data showed that TRX broke through 0.31  USDT and is now at 0.310027 USDT, with a increase of 0.56% in 24H.

TRX broke through 0.31  USDT

According to Arkham data, Ethereum OG thomasg.eth, who held $538 million worth of cryptocurrency at the peak of crypto prices in 2021, purchased another $19.5 million worth of ETH this week.

[Ethereum OG thomasg.eth Buys $19.5 Million Worth of ETH This Week]According to Arkham data, Ethereum OG thomasg.eth, who held $538 million worth of cryptocurrency at the peak of crypto prices in 2021, purchased another $19.5 million worth of ETH this week.

Ethereum OG thomasg.eth Buys $19.5 Million Worth of ETH This Week

According to CME's "FedWatch" data, the probability of the Federal Reserve raising interest rates by 25 basis points in April is now 6.2%, while the probability of maintaining the current interest rate remains at 93.8%.

[Fed's April Rate Hike Probability Drops to 6.2%]According to CME's "FedWatch" data, the probability of the Federal Reserve raising interest rates by 25 basis points in April is now 6.2%, while the probability of maintaining the current interest rate remains at 93.8%.

Fed's April Rate Hike Probability Drops to 6.2%

HTX data showed that XMR fell below 350  USDT and is now at 349.98 USDT, with a increase of 1.29% in 24H.

[XMR fell below 350  USDT] HTX data showed that XMR fell below 350  USDT and is now at 349.98 USDT, with a increase of 1.29% in 24H.

XMR fell below 350  USDT

btw Surges 20.66% in 24H, Currently at 0.03074 USDT

【btw currently trades at 0.03074 USDT, up 20.66% in 24h, according to HTX market data.】btw Surges 20.66% in 24H, Currently at 0.03074 USDT

btw currently trades at 0.03074 USDT, up 20.66% in 24h, according to HTX market data.

btw Surges 18.54% in 24H, Currently at 0.030712 USDT

【btw currently trades at 0.030712 USDT, up 18.54% in 24h, according to HTX market data.】btw Surges 18.54% in 24H, Currently at 0.030712 USDT

btw currently trades at 0.030712 USDT, up 18.54% in 24h, according to HTX market data.

btw Hits New High of 0.030712 USDT, Up 18.54% in 24H

【btw soared to 0.034357 USDT, a new high with a 24-hour increase of 18.54%. It currently trades at 0.030712 USDT on HTX.】btw Hits New High of 0.030712 USDT, Up 18.54% in 24H

btw soared to 0.034357 USDT, a new high with a 24-hour increase of 18.54%. It currently trades at 0.030712 USDT on HTX.

On August 15th, Leung Tak-ming, the senior manager of digital entertainment at Cyberport, said that Cyberport currently has more than 170 Web3.0 startups. Previously, the Hong Kong government's budget allocated HK$50 million to Cyberport to accelerate the development of Web3.0. Cyberport will announce more details about the direction and specific plans of the allocation this week.

[Hong Kong Cyberport Will Announce the Direction and Specific Plans of the 50 Million Hong Kong Dollar Financial Appropriation This Week]On August 15th, Leung Tak-ming, the senior manager of digital entertainment at Cyberport, said that Cyberport currently has more than 170 Web3.0 startups. Previously, the Hong Kong government's budget allocated HK$50 million to Cyberport to accelerate the development of Web3.0. Cyberport will announce more details about the direction and specific plans of the allocation this week.

Hong Kong Cyberport Will Announce the Direction and Specific Plans of the 50 Million Hong Kong Dollar Financial Appropriation This Week

Article

Trump: Israel Will Be Ready to End Conflict with Iran When US Is

SOL broke through 90  USDT

XMR broke through 350  USDT

Grayscale Files Initial S-1 for HYPE ETF with SEC

Iran Confirms Launch of Two Ballistic Missiles at US-UK Military Base in Indian Ocean

Hong Kong Cyberport Will Announce the Direction and Specific Plans of the 50 Million Hong Kong Dollar Financial Appropriation This Week

Isenção de responsabilidade：O conteúdo acima não representa as posições da HTX.，A HTX não faz quaisquer recomendações de negociação.。

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