8/20 Daily Cryptocurrency Hot News:

1. The expectation of a Fed rate cut in September is rising, and Powell's speech may be key.

2. Goldman Sachs' Chief Strategist is optimistic about five-year U.S. Treasuries, expecting a 25 basis point rate cut from the Fed.

3. Franklin Templeton's CEO proposes the 'Pick and Shovel' investment philosophy for the crypto industry.

4. Japan's Lib Work plans to purchase $3.3 million in Bitcoin to address inflation risks.

5. Spain imposes $10.5 million in back taxes on DeFi investors, sparking controversy.

6. Ripple's Global Policy Director shares best practices for digital asset custody.

7. Wyoming launches a dollar stablecoin covering seven major blockchain networks.

8. Cardone Capital buys an additional 130 Bitcoins, continuing to increase its crypto assets.

9. The White House: The presidents of Russia and Ukraine have expressed a willingness to sit down for negotiations.

10. Ethereum reserve concept stocks generally fell, with SBET and BMNR both dropping over 9%.

11. Franklin Templeton's CEO: Crypto investments should focus on infrastructure rather than Bitcoin.

12. Ethereum withdrawal momentum recovers, with a net outflow of 9,457.52 Ethereum in the past 24 hours.