Key Developments for the Afternoon of August 9

7:00-12:00 Keywords: Federal Reserve, Bank of Japan, Tether, Donald Trump Jr.

1. Federal Reserve's Schmid hints that they are not ready to cut interest rates

2. J.P. Morgan Asset Management: Bank of Japan likely to avoid another rate hike in the short term

3. Placeholder Partner: Currently a good early bull market pattern

4. Donald Trump Jr.: Likes meme culture but new project has "bigger vision"

5. Kazakhstan's anti-money laundering agency has blocked a total of $75.4 million in illegal crypto transactions

6. Tether CEO: Plans to double the workforce in the next year to enhance compliance capabilities

7. Coinbase Chief Legal Officer: SEC's investigation into Ethereum 2.0 has concluded, FOIA lawsuit final ruling may come in 2025