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Crypto News for August 20, 2025

📰 Main News & Legal

1️⃣ Trump criticizes Powell, demands Fed to cut interest rates.

2️⃣ Fed Governor Bowman: Supports Fed employees holding less cryptocurrency; views on AI and crypto will change.

3️⃣ Spain imposes additional tax of $10.5 million on DeFi investors, causing controversy.

4️⃣ Wyoming launches USD stablecoin, supporting 7 major blockchains.

💰 Market & Technology News

5️⃣ Probability of Fed cutting interest rates in September reaches 86.1%; Powell's speech is the focus.

6️⃣ Goldman Sachs: Forecasts Fed to cut by 25 basis points, prioritizing 5-year treasury bonds.

7️⃣ Robinhood CFO Jason Warnick sells 100,000 Class A shares.

8️⃣ Coinbase lists Useless Coin (USELESS).

9️⃣ Cardone Capital buys an additional 130 BTC, continues to increase crypto investment.

🔟 Lib Work (Japan) plans to buy $3.3 million in Bitcoin to combat inflation.

1️⃣1️⃣ CEO Franklin Templeton proposes crypto investment strategy “picks and shovels”.

1️⃣2️⃣ Ripple shares best practices for digital asset custody.

📊 Global Stock Market

Dow Jones: Up 0.09%.

S&P 500: Down 0.04%.

Nasdaq: Down 0.12%.