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The market is currently focusing on the Fed's independence, while the US Dollar Index continues its upward trend.

3 hours ago

August 29th: In the United States, the July PCE inflation data met expectations, which led to the continuous strengthening of the US dollar. Meanwhile, the market is closely observing President Trump's attempt to pressure the Federal Reserve to lower interest rates. Federal Reserve Governor Waller once again expressed a dovish stance. Marc Chandler, the Managing Director of Bannockburn Global Forex, stated that in the face of a deteriorating labor market, he is in favor of a September rate cut by the Federal Reserve and advocates ignoring price pressures related to tariffs. (FXStreet)
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Unicall to Delist AFT, Holders to Receive Full Compensation and Additional Diamond Hand Reward

On August 30th, UnicornX made an announcement. Due to the AFT token no longer fulfilling the UniCall standard, the token will be removed from the UniCall section. All users who purchased and still hold AFT on UnicornX will receive full compensation at the purchase price along with an additional Diamond Hand bonus. The airdrop funding is entirely provided by the investment institution Unicorn Verse. The UnicornX team took a snapshot of eligible users at 22:30 (GMT+8) / 14:30 (UTC) on August 29th. User Eligibility: As of the snapshot time on August 29th at 22:30 (GMT+8) / 14:30 (UTC), all users holding AFT on UnicornX. Only AFT purchased on the UnicornX platform is eligible. Airdrop Plan Eligible users will receive a USDT airdrop and an additional Diamond Hand bonus within 72 hours, and the airdrop will be directly sent to the user's UnicornX BSC wallet.

6 minutes ago

The judge did not rule today on the dismissal of Federal Reserve Board Governor Cook.

August 30th, Market News: The judge did not issue a ruling on the removal of Fed Governor Cook on this day. Instead, both parties were asked to submit additional court documents next Tuesday. (FXStreet) Earlier, Politico reporters indicated that the Fed did not adopt a stance on Trump's attempt to dismiss Liza Cook. It only requested the judge to make a prompt decision and pledged to abide by it.

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CZ: Cryptocurrency Trading Should Avoid Selling Low

On August 29th, the founder of Binance, CZ, shared a post which said, "In cryptocurrency, things to avoid are selling at the bottom." When this post was made, the cryptocurrency market continued to decline. Bitcoin dropped to $109,000, Ethereum fell to $4,320, and a total of $179 million in liquidations occurred across the entire network in the past 4 hours. This included $133 million in long liquidations and $45.899 million in short liquidations. At the BITCOIN ASIA 2025 conference, CZ stated that "Bitcoin will become the global reserve currency."

6 minutes ago

In the past 4 hours, there has been a total of $179 million in liquidations across the network, with the majority coming from long positions.

On August 29th, according to Coinglass data, within the past 4 hours, a combined total of $179 million has been liquidated across the entire network. Specifically, there were $133 million in long liquidations and $458.989 million in short liquidations. During the past 24 hours, a total of 143,438 people worldwide have been liquidated, with a total liquidation amount of $546 million. The largest single liquidation took place on OKX - BTC-USDT-SWAP, amounting to $4.3838 million.

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Tom Lee Reiterates Ethereum as One of the Biggest Macro Trades of the Next Decade, Bitcoin Still the Ultimate Store of Value

On August 29th, Tom Lee, the chairman of BitMine, reiterated that Ethereum is one of the largest macro trades of the next decade. This is based on the following considerations: - Wall Street is rebuilding on the blockchain (a key moment similar to 1971). - Stablecoins serve as the starting point for asset tokenization on the blockchain. - Proxy AI has generated demand for the token economy. This will bring about profound changes to the U.S. financial industry and provide significant tailwinds for Ethereum. Meanwhile, Bitcoin still remains the optimal store of value.

6 minutes ago

Binance Earn, One-Click Buy, Instant Swap, and Leveraged Trading will be launched for Mitosis (MITO)

On August 29th, Binance Savings, the one-click purchase of crypto, swapping, and leveraged tokens will list Mitosis (MITO). The MITO Capital Protection Yield product will be launched on the Binance Capital Protection Yield platform for purchase starting at 23:30 on August 29, 2025. Binance Cross Margin and Isolated Margin will add MITO as a borrowable asset at 23:30 on August 29, 2025, along with MITO/USDT and MITO/USDC Cross Margin and Isolated Margin trading pairs.

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