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OKX CEO Star: The value of X Layer lies in long-term development rather than short-term speculation on OKB, avoiding blindly following hot trends

3 hours ago

August 21st, OKX CEO Star took to social media and stated, "The value of X Layer is centered around long-term development and the prosperity of the ecosystem. It is not about short-term speculation of OKB. OKX will persist in investing in X Layer technology and ecosystem development and looks forward to more partners joining hands to build together. Additionally, a reminder: Trading involves risks. Investment requires prudence. Avoid blindly following trends."
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Navarro: Powell's Anti-Trump Stance is Alarming

On August 22nd, the White House trade adviser Navarro stated that Powell's anti-Trump stance is causing unease. (FX168)

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The probability of a Fed rate cut in September has decreased to 71.5%.

On August 22nd, based on CME's "FedWatch" tool, the likelihood of the Fed keeping interest rates unchanged in September is 28.5%, while the probability of a 25-basis-point interest rate cut is 71.5%. Previously, it was reported that the initial jobless claims in the US for the week ending August 16 were 235,000. The expected value was 225,000, and the previous value was 224,000.

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Analyst: Bitcoin Bull Market Sentiment Index Shifts from 'Bullish Froth' to 'Neutral'

On August 22nd, Julio Moreno, the Research Director of CryptoQuant, stated that the Bitcoin Bull Market Index has shifted from the "Bullish Chill" phase to the "Neutral" phase, and the index has decreased from 70 to 50. For the purpose of risk management, if this index weakens further, it indicates that the Bitcoin price may continue to decline.

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Korean Prosecutors Seek to Sentence South Korean Actress Hwang Jung-eum to 3 Years in Prison for Embezzling 4.2 Billion KRW in Public Funds to Invest in Cryptocurrency

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Encryption security company Kerberus has announced the acquisition of Refract.

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