1. U.S. August PPI Year-on-Year at 2.6%, Below Expectations

The U.S. August PPI year-on-year recorded at 2.6%, lower than the expected 3.3%. The month-on-month rate was -0.1%, also below the expected 0.3%, with the previous value at 0.9%. -Original

2. Multiple Banks Raise Expectations for Fed Rate Cuts

Several major banks expect the number of Federal Reserve rate cuts to exceed previous forecasts. Barclays economists anticipate three 25 basis point cuts this year, with two more in 2026. JPMorgan believes that if CPI data is hawkish, the Fed may adjust its strategy for the October and December meetings. The market has priced in a rate cut of over 1 percentage point in the coming year, but rising inflation may affect the path. -Original

3. U.S. Justice Department Recovers $12 Million in USDT Related to Crypto Fraud

The U.S. Justice Department announced the successful recovery of $12 million in Tether (USDT) related to a cryptocurrency fraud case. It is reported that federal prosecutors have filed a civil forfeiture lawsuit aimed at seizing funds traceable to a fraudulent trading platform. The scam recruited victims through text messages and induced them to deposit funds into fake investment accounts. Decrypt reported that civil forfeiture is becoming an important legal tool to combat such fraud and recover funds for victims. -Original

4. White House Confirms Trump Legally Dismissed Fed Governor Lisa Cook

The White House stated that President Trump has legally dismissed Fed Governor Lisa Cook, but emphasized that this decision has not yet become final. Lisa Cook has participated in several key policy formulations during her tenure at the Fed, and this dismissal has drawn widespread market attention. It is currently unclear whether subsequent procedures will affect this decision. -Original

5. U.S. Senators Push for Passage of Crypto Market Structure Bill This Year

U.S. Senators Cynthia Lummis and Kirsten Gillibrand stated that bipartisan efforts are ongoing to push for crypto market structure legislation, hoping to complete it by the end of the year. Previously, the Senate Banking Committee set a target for the end of September, but progress has been delayed until October or even the end of the year. Gillibrand emphasized that Congress is currently facing negotiations over a fiscal cliff, and legislation should not have "artificial deadlines," noting that negotiations have not yet defined "red lines"; Lummis stated that "it must be completed by the end of the year," describing it as "like being pregnant for four years." Democrats proposed that the bill should include consumer protection, regulatory authority delineation, and ethical clauses, prohibiting the President, Vice President, and their families from profiting from crypto projects to prevent conflicts of interest. Gillibrand stressed that an ethical perspective is crucial for industry trust, while Lummis believes that investment restrictions for officials should be legislated alongside other securities, rather than targeting cryptocurrencies alone. -Original

6. JPMorgan Says Institutional Adoption of Cryptocurrency Still in Early Stages

Institutions hold about 25% of Bitcoin ETPs, and a survey shows that 85% of companies have allocated or plan to allocate digital assets by 2025. -Original

7. Kyrgyzstan Parliament Approves Establishment of Strategic Bitcoin Reserves

According to The Bitcoin Historian, the Kyrgyzstan parliament has approved a bill aimed at establishing strategic Bitcoin reserves. -Original

8. U.S. Credit Union Launches First Stablecoin Cloud Dollar

St. Cloud Financial Credit Union in Minnesota, USA, announced the launch of the stablecoin Cloud Dollar (CLDUSD). This stablecoin was jointly developed by Metallicus and DaLandCUSO and will be integrated into the credit union banking system to provide members with instant, low-cost transaction services. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。