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The Crypto Council for Innovation (CCI) has appointed Ji Hun Kim as its permanent Chief Executive Officer, solidifying his leadership after months in an interim role.
The Smarter Web Company has significantly expanded its Bitcoin holdings as part of its long-term treasury strategy known as “The 10 Year Plan.”
Refine Group AB (publ) has secured SEK 5 million in fresh capital through a directed share issue, reinforcing its commitment to a Bitcoin Treasury Strategy and deepening its footprint in the digital asset sector.
BitMine Immersion Technologies has reclaimed its position as the world’s largest corporate Ether holder after a staggering buying spree saw it purchase over $2 billion worth of ETH in just over two weeks.
- 21:34Offshore yuan falls 4 points against the US dollar from Wednesday’s New York closeAccording to Jinse Finance, the offshore yuan (CNH) is trading at 7.1821 against the US dollar, down 4 points from Wednesday's New York close, with intraday trading ranging between 7.1681 and 7.1829.
- 21:27Powell’s Jackson Hole Speech Schedule Announced as Markets Focus on Rate Cut Expectations and Successor CandidatesAccording to Jinse Finance, based on the Federal Reserve's schedule, Fed Chair Jerome Powell will deliver a speech on the economic outlook and the Fed's policy framework assessment at the Kansas City Fed's annual central bank symposium in Jackson Hole, Wyoming, at 10:00 a.m. ET on August 22 (10:00 p.m. Beijing time). This speech comes at a critical juncture: the latest data shows that tariff measures have begun to impact inflation, while the job market is slowing down. This complex situation has strengthened market expectations that the Fed may announce a 25 basis point rate cut at next month's meeting. Meanwhile, U.S. President Trump continues to pressure for a rate cut and is reportedly seeking a replacement candidate. Powell's term as Fed Chair is set to end in May next year.
- 20:13S&P 500 Index Sets Record Closing High for Third Consecutive Trading DayAccording to Jinse Finance, the three major U.S. stock indexes closed nearly flat, with the S&P 500 up 0.03%, the Nasdaq down 0.01%, and the Dow Jones down 0.02%. Notably, the S&P 500 set a new all-time closing high for the third consecutive trading day. Most large-cap tech stocks rose, with Intel surging over 7%, Amazon and Netflix up more than 2%, and Microsoft, Nvidia, Google, and Meta posting modest gains. Tesla fell more than 1%, while Apple edged down slightly.