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The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.
A lot of put options are in-the-money, crypto options exchange Deribit's Lin Chen said.

Don't ready too much into the move, said one observer, calling it a typical position reset.

The latest price moves in crypto markets in context for August 24, 2023.

Both tokens rose 3%, bitcoin and ether added as much as 1.2% and bnb (BNB) rallied 1% after staving off concerns about contagion risks in the BNB Chain ecosystem.

Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.


- 15:58USDH bidding data: Native Markets currently receives support from 70.55% of staked sharesChainCatcher News, According to usdhtracker data, in the Hyperliquid stablecoin USDH bidding, Native Markets currently receives 70.55% of the staked share support, with 10 out of 18 node validators indicating support for Native Markets.
- 15:52The current TVL of the RWA sector is reported at $15.477 billion.Jinse Finance reported, according to DefiLlama data, the TVL of the Real World Asset Tokenization (RWA) sector is currently at $15.477 billions. Among them: BlackRock BUIDL TVL has reached $2.416 billions; EthENA USDTb TVL has reached $1.819 billions; Ondo Finance TVL has reached $1.529 billions.
- 15:22A certain whale has once again spent 3.82 million USDC to buy HYPE, and currently holds 420,379 tokens.Jinse Finance reported, according to monitoring by Lookonchain, whale address 0xFa0F has once again spent 3.82 million USDC to purchase HYPE. Currently, he holds 420,379 HYPE tokens (worth $23.5 million), with an unrealized profit of $5.47 million.