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【Key Focus: Trump is considering suing Federal Reserve Chairman Powell】 On August 12, 2025, Washington time, U.S. President Donald Trump wrote on his social media platform 'Truth Social': I am considering allowing a major lawsuit against Federal Reserve Chairman Jerome Powell due to his terrible and highly unprofessional work in managing the construction of the Federal Reserve building. $3 billion spent on what should have been a $50 million job. Bad! $BTC $ETH $SOL
The more than two-hundred-year-old 'Washington Swamp' is likely too much for Trump to clean up by himself. Due to the uniqueness of this system, all past attempts at cleaning often become part of this vast, boundless swamp. Trump stated that he wants to save Washington, D.C. from 'crime, bloodshed, slander, and filth'. $BTC $ETH $JASMY
After a 14% surge, is Ethereum really set to replicate the 2017 Bitcoin myth? Tom Lee: Expecting $15,000 by year-end!
“If you missed Bitcoin in 2017, don’t miss Ethereum in 2025.” — On August 6, Wall Street veteran bull and Fundstrat co-founder Tom Lee made this bold statement on a podcast, setting a target price of $15,000. As soon as the words were spoken, ETH seemed to hit the gas: • In 48 hours, it surged from $3,200 to $3,650, with a maximum daily increase of 14%; • A total of $270 million in short positions were liquidated across the network, with shorts being “bloodied” again; • On-chain data shows that over the past 24 hours, whale addresses have accumulated 330,000 ETH, valued at approximately $1.2 billion.
The biggest significance of Musk buying Twitter should be this, accusing Apple of violating antitrust laws, controlling App Store rankings, and if unhappy, just lash out. Ultraman also countered that Musk manipulates the X platform. It seems that Weibo is still clever, not taking sides and not belonging allows it to earn everyone's money $BTC $ETH $XRP
Trump mocks Goldman Sachs for misjudging tariffs, says CEO might as well become a DJ U.S. President Trump stated that Goldman Sachs and its CEO David Solomon are wrong in their insights regarding the impact of U.S. tariffs on the market. Solomon should not be 'toiling away' running a bank. However, Solomon and Goldman Sachs refuse to give the due praise to U.S. tariff policy. Long ago, they made incorrect predictions regarding market impacts and the tariffs themselves; they were wrong, just as they have been wrong about many other things. Trump believes Solomon should find a new economist, or perhaps he should focus on being a DJ instead of running a large financial institution. Goldman Sachs' stock price rose over 3.1%, hitting a daily high of $741.80. $BTC $ETH $SOL
【Trump: Take Back the Capital!】 US President Donald Trump vowed on Sunday to expel the homeless from the US capital, Washington, to address the city's crime problem. "The homeless must move out immediately," Trump posted on his Truth Social platform, "We will provide you with housing, but stay away from the capital. Criminals, if you don’t move, we will lock you up in the prison that belongs to you." He also added, "There will be no 'Mr. Nice Guy' here. We want to take back our capital. Thank you for your attention to this matter!" The Republican president plans to hold a press conference on Monday to outline how he will make the city "safer and more beautiful than ever before." While specific details are still unclear, he had suggested in a speech in 2022 to relocate the homeless to "high-quality" tents on cheap land outside the city, along with providing restrooms and medical professionals. $BTC $ETH $BNB
【Arbitrage Trading Resurfaces After US Tariff Delay, Mexican Peso Soars】 The Mexican peso has emerged as an unexpected winner in Donald Trump's trade war. As global risks diminish and US tariffs are repeatedly delayed, investors are once again attracted to the country's high-yield assets. $BTC $ETH $SOL
XRP futures surge past Solana! $3.28 billion giant, can it shake the $3.50 barrier?
$BTC $XRP XRP futures surge past Solana! $3.28 billion giant, can it shake the $3.50 barrier? XRP futures soar, institutions are active, but selling pressure cannot be ignored! Recently, the futures trading volume and open interest of XRP have seen explosive growth, greatly boosting market bullish sentiment, and everyone is full of expectations for XRP! However, the market is not entirely sunny—billions of dollars in custody funds have been unlocked and transferred to unknown wallets, which may create some selling pressure on XRP, leading traders to adopt a cautious stance on further price increases. ⚠️
Just in! Fed Vice Chair Bowman announces big news!
$BTC $ETH Recently, it seems that the institution managing money in the U.S., namely the Federal Reserve, is about to erupt in internal conflict. This matter relates to each of our wallets, as their every move affects the value of money worldwide. The cause of the situation is a woman named Michelle Bowman. She is not just anyone; she is the Vice Chair of the Federal Reserve and her words carry significant weight. Just recently, she spoke out in a way that made the entire market sit up and take notice. She said that given the current situation, a rate cut is necessary, and not just once, but ideally three times this year. She even specified the timing and strongly urged action to begin in September.
The crypto market is undergoing a dramatic change, and three major altcoins may trigger a 300% surge!
1. Under the U.S. debt crisis, the crypto market becomes a 'Noah's Ark' for capital The $37 trillion U.S. debt minefield is about to explode, and global capital is seeking a safe haven. The crypto market is quietly rising to take on this critical role. The potential collapse of U.S. debt is not alarmist; it is a severe reality reflected by the actual actions of global capital. BlackRock, Fidelity, and other traditional financial giants have frantically purchased 23,000 BTC within a week. This is by no means a simple market 'correction'; it is, in fact, an overt battle for 'digital gold.' Under the shadow of the U.S. debt crisis, Wall Street seems to be turning its gaze toward the crypto field, which is also impacting the gold market to some extent, resembling a silent 'home invasion' operation.
Trump Again Calls for Powell to Immediately Cut Interest Rates On August 12, local time, U.S. President Trump posted on the social platform 'Truth Social,' demanding that Federal Reserve Chairman Powell immediately cut interest rates and accusing him of 'always acting too late.' Trump stated that he is considering allowing relevant lawsuits against Powell to proceed. Trump criticized Powell for 'poor and incompetent' management of the Federal Reserve building construction, claiming the project cost $3 billion, while it should have been a repair project costing around $50 million. He also mentioned that nominating Powell as Federal Reserve Chairman during his first term was 'a wrong choice.' Trump nominated Powell as Federal Reserve Chairman in 2017, and his term ends in May 2026. For months, Trump has been continuously calling for the Federal Reserve to cut interest rates, stating that the U.S. government is paying hefty interest on its debt. Due to the Federal Reserve's reluctance to lower rates again, Trump has repeatedly criticized Powell, even threatening to remove him from his position, but Powell insists on completing his remaining term. $BTC $ETH $XRP
U.S. CPI year-on-year lower than expected, market increases bets on September rate cut
The latest U.S. CPI data has been released, leading the market to increase bets on a rate cut in September. However, the core inflation year-on-year unexpectedly soared to a five-month high, with analysts remarking, 'This is not a good sign'… At 20:30 Beijing time on Tuesday, the U.S. July non-seasonally adjusted core CPI year-on-year rose further to 3.1%, a five-month high, exceeding the market expectation of 3.0%. The core CPI month-on-month rose further to 0.3%, the highest since January, aligning with market expectations and above the previous value of 0.20%. The overall CPI year-on-year recorded 2.7%, below the expected 2.8%, consistent with the previous value. The month-on-month CPI recorded 0.2%, meeting expectations and lower than the previous value of 0.30%.
Daily inflow of US spot Ethereum ETF surpasses $1 billion for the first time 【Daily inflow of US spot Ethereum ETF surpasses $1 billion for the first time】Financial Associated Press, August 12 - On Monday, the daily inflow of Ethereum exchange-traded funds (ETFs) listed in the US exceeded $1 billion for the first time, as the price of the second-largest cryptocurrency reached a new high not seen in three and a half years. According to data tracked by SoSoValue, these nine ETFs easily surpassed the previous single-day inflow record of $726.74 million set on July 17. $BTC $ETH $BNB
Powell's Successor Race Expands with New Candidates: Fed Officials Bowman, Jefferson, and Logan Join the Contest According to two government officials, Federal Reserve Vice Chairs Michelle Bowman and Philip Jefferson, along with Dallas Fed President Lorie Logan, are currently being considered as candidates to succeed the Fed Chair next year. The aforementioned officials stated that Treasury Secretary Basant will interview more candidates in the coming weeks as part of the selection process. Two officials, who were granted anonymity to discuss this process, indicated that Trump is expected to announce the final candidate this fall. Informed sources noted that other candidates still under consideration include Trump’s close economic advisor Kevin Hassett, Federal Reserve Governor Christopher Waller, economist Marc Sumerlin, as well as former Fed officials Kevin Warsh and James Bullard. Last week, Trump nominated Stephen Miran, Chairman of the White House Council of Economic Advisers, to serve as a Federal Reserve Governor. Miran will only complete the remaining term of Adriana Kugler, who has resigned. This term expires in January next year. The aforementioned officials indicated that with Miran's nomination submitted for Senate confirmation, Trump’s team is not in a rush to finalize the selection of the Fed Chair candidate. Trump appointed Bowman as a Federal Reserve Governor in 2018 and later appointed her as Vice Chair responsible for supervision this year. During the Federal Open Market Committee (FOMC) meeting in July, where interest rates were held steady for the fifth consecutive time, Bowman and Waller expressed differing opinions, supporting a 25 basis point rate cut. Jefferson was appointed as a Federal Reserve Governor by then-President Biden in 2022 and was appointed Vice Chair by Biden in 2023. Each of his appointments has received broad bipartisan support. If he takes on the role of Chair, he would become the first African American to hold this important position in the history of the Federal Reserve. He has consistently supported maintaining the current policy this year. Logan was elected as President of the Dallas Fed in 2022. She previously managed the Fed's large securities portfolio at the New York Fed. She has also supported keeping rates steady this year and frequently emphasized the need to guard against inflation caused by tariffs. The President of the Dallas Fed will have voting rights in 2026. $BTC $ETH $PROVE
Analysis of BlackRock's Hesitation in Applying for the U.S. Spot XRP ETF: Five Major Reasons
$BTC $XRP In the fierce competition landscape of cryptocurrency ETFs, every move made by BlackRock, the global asset management giant, attracts significant attention. While many asset management companies are diving into the bidding frenzy for XRP ETFs, BlackRock has chosen to hold back. What considerations lie behind this choice? This decision not only relates to BlackRock's own investment layout but also reflects the complex status of the cryptocurrency market in terms of regulation, market maturity, and other aspects. 1. Regulatory Uncertainty: SEC's Attitude is Ambiguous, Rules Await Clarification The legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple casts a fog over the regulatory status of XRP. Although a U.S. court ruled that XRP is not a security when traded on exchanges, the SEC has not fully accepted this ruling. The SEC still has not provided a clear definition of whether crypto assets are classified as securities or commodities. BlackRock, known for its prudence, will not easily submit an XRP ETF application until regulatory rules are clarified. After all, the SEC's approval decisions have been repeatedly delayed, with some ETF applications expected to receive decisions only in June or even October 2025. Only when regulators clearly distinguish between securities and commodities within cryptocurrencies will BlackRock likely venture into the XRP ETF space. As one X user (formerly Twitter user) pointed out, perhaps true clarity in regulation will only arrive after significant legislation, such as the stablecoin bill, is passed.
On the morning of the 10th, when Trump went to a golf club in the outskirts of Washington, it seemed that someone in his entourage took photos of homeless camps along the way. Trump posted these photos on his self-created social platform, stating, "The homeless must leave immediately. We will provide you with housing, but it must be away from the capital. As for those criminals, you do not need to leave. We will put you in the prisons you belong in" [picking nose] $BTC $ETH $PROVE
Bitcoin Price Prediction: El Salvador's New Law Stimulates Institutional Demand for BTC - What is the Outlook?
After El Salvador approved its Investment Banking Law, Bitcoin has re-captured institutional interest, a measure that could transform the country into a regional cryptocurrency hub. The legislation was passed on August 7, separating investment banks from commercial lending institutions and granting them broader powers to hold Bitcoin and other digital assets on their balance sheets. Under the new framework, licensed institutions can operate using legal tender, foreign currencies, and digital assets (including Bitcoin), but can only collaborate with 'mature investors', a category similar to qualified investors in the U.S. These banks will need at least $50 million in capital and will provide clients with market knowledge and at least $250,000 in investable assets.
🇺🇸 Governor Abbott: As people flock to red states, Democrat states are losing power. Voting with your feet is the most genuine expression; the high-pressure policies and deteriorating public safety in California and New York have driven people away. Now, Republican states need to be cautious and make sure not to let these individuals bring over the voting habits that led them to flee in the first place. Watching the 'progressive paradise' they built with their own hands unable to retain people, they move to new places and want to replicate the failed models of the past—this is just setting up their new home for failure, isn’t it? Ultimately, this is a classic case of trying to steal a hen and ending up losing the rice. $BTC $PROVE $BIO
Recently, multiple institutions are significantly increasing their holdings in Ethereum, frequently drawing market attention. BlackRock has added 8,162 ETH through its Ethereum exchange-traded fund (ETHA) from Coinbase Prime's hot wallet, worth approximately $20.84 million, clearly demonstrating its optimism about Ethereum's future potential. Meanwhile, BTCS announced an increase of 3,450 ETH, bringing its total holdings to 12,500 ETH, and plans to continue focusing on Ethereum. Additionally, large institutions or whales have further acquired 49,533 ETH from Galaxy Digital, FalconX, and BitGo, worth about $210.68 million, bringing the total holdings' value to approximately $940 million. The collective increase in investment from institutions not only injects upward momentum into Ethereum but also significantly boosts market confidence. $BTC $ETH $PROVE