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  • 07:37
    US CFTC Secures Preliminary Ruling in $228 Million Cryptocurrency Ponzi Scheme Case
    According to a report by Jinse Finance, citing @DecryptMedia, the U.S. Commodity Futures Trading Commission (CFTC) has obtained a preliminary judgment in a $228 million cryptocurrency Ponzi scheme case. Prior to this civil victory by the CFTC, Alexander had already been sentenced to nine years in prison in July 2023 following a criminal conviction. Since January 2025, a court-appointed receiver has begun distributing recovered funds to defrauded investors.
  • 07:27
    Powell May Introduce Uncertainty Over Rate Cuts at the Jackson Hole Symposium
    According to ChainCatcher, citing Jinshi News, Mike Sanders, Head of Fixed Income at Madison Investments, stated that Federal Reserve Chair Jerome Powell may attempt to inject some "uncertainty" into market expectations for rate cuts at this Friday's Jackson Hole Global Central Bank Annual Meeting. Currently, the probability of a Fed rate cut in September, as priced in by the money markets, is as high as 84%. However, Powell is likely to want to temper this confidence in case subsequent data falls short of expectations. Sanders noted that data released between Jackson Hole and the September FOMC meeting could significantly alter the market outlook.
  • 06:54
    Matrixport: Crypto-related Stocks Enter a Consolidation Phase After 18 Months of Strong Gains
    According to a report by Jinse Finance, Matrixport's daily chart analysis indicates that over the past 18 months, our crypto concept stock index has significantly outperformed Bitcoin. However, as leading companies such as MicroStrategy, a certain exchange, and Metaplanet have seen their share prices pull back recently, the index is now showing signs of a correction. The cooling of buying interest following Circle's IPO further confirms the lack of momentum in new stock listings. The current insufficient institutional participation may reflect the seasonal weakness typical of summer. Without the support of major crypto IPOs, prices may continue to consolidate in the short term.
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