According to BlockBeats, Alexandra Wilson-Elizondo, Co-Chief Investment Officer of Multi-Asset Solutions at Goldman Sachs, stated that July's Consumer Price Index (CPI) data met expectations, with core inflation rising 3.1% year-over-year. The Federal Reserve finds support in this data, suggesting that the impact of tariffs on price levels is largely temporary. Tariffs have not led to significant price increases as companies mitigate cost pressures by reducing inventory and cautiously adjusting prices, given consumers' sensitivity to price changes. The Federal Reserve's policy remains highly data-dependent. With inflation under control and revised employment data showing increasing signs of labor market weakness, future focus will shift more towards employment. Overall, this inflation report supports the expectation of a potential "insurance" rate cut by the Federal Reserve in September, which is anticipated to be a key market driver.

According to PANews, Federal Reserve official Schmid has expressed support for a patient approach in altering the policy interest rate. While acknowledging that the current policy has certain restrictive elements, Schmid noted that it is not overly restrictive. Additionally, Schmid stated that there is no foreseeable impact of tariffs on prices in the coming months.

According to PANews, during a U.S. court hearing, a judge announced that Do Kwon will plead guilty to charges related to the collapse of over $40 billion in cryptocurrency. The charges include conspiracy to commit fraud and wire fraud.

According to BlockBeats, U.S. President Donald Trump stated on Truth Social that tariffs have not led to inflation. He emphasized that consumers have not borne the cost of these tariffs.

According to PANews, ARK Invest CEO Cathie Wood has expressed a bullish outlook for Bitcoin, projecting its value to exceed $1 million within the next five years. Wood highlighted Bitcoin's role as a primary entry point for institutions into the digital asset space and noted its gradual replacement of gold as a store of value. She emphasized that ARK's stance on this perspective remains unchanged.

According to BlockBeats, recent data from HyperInsight reveals that three major bearish whales have significantly increased their short positions over the past two hours, resulting in expanding unrealized losses. The whale associated with the address starting with 0x5d2f44 has increased its Bitcoin short position by $810,000, currently facing an unrealized loss of $9.4 million, with a liquidation price of $127,831. Another whale, linked to the address beginning with 0x49F306, has added $850,000 to its Ethereum short position, experiencing an unrealized loss of $1.08 million, with a liquidation price of $4,615. The third whale, connected to the address starting with 0x880ac4, has increased its PUMP short position by 28.13 million tokens, with an unrealized loss of $2.36 million and a liquidation price of $0.005. The total unrealized losses for these three whales' short positions have exceeded $12.8 million. Market volatility necessitates caution regarding potential forced liquidations.

The initiative is part of a strategic alliance with the Story Foundation, which focuses on using AI-driven blockchain solutions for […] The post Beverage Giant Heritage Distilling Makes $360 Million Bet on Surprise Altcoin appeared first on Coindoo. source: https://coindoo.com/beverage-giant-heritage-distilling-makes-360-million-bet-on-surprise-altcoin/

The cryptocurrency development community bagged a win this week as Ethereum core developer Federico Carrone was released from Turkish custody over allegations tied to his work in the crypto space. His release came after a rally from the global crypto community. The now-free developer has decided to donate $5000,000 in Ether to the legal defense […] source: https://www.cryptopolitan.com/fedes-intern-donates-to-tornado-cash/

Earlier this month, ETHZilla closed a $425 million private placement. The placement had over 60 participants. source: https://www.theblock.co/post/366571/ethzilla-stock-jumps-over-90-after-peter-thiel-takes-stake-and-company-discloses-82186-eth-holdings?utm_source=rss&utm_medium=rss

The Shiba Inu cryptocurrency continues to maintain its prominent position in the competitive landscape of meme coins, demonstrating resilience and popularity among investors and enthusiasts alike. Its strong community support, unique branding, and innovative developments have contributed to its sustained success, solidifying its status as a leading player in the meme coin market. source: https://blocknews.com/shiba-inu-holds-its-ground-a-top-meme-coin/

An industry giant with total assets of nearly 800 billion yuan has officially joined the stablecoin race. The founder personally led the team to meet with two of Hong Kong's top financial officials within one day.

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

On Monday, August 11, 2025, the Qubic protocol successfully completed its attempt to take control of the Monero network, making history.

The supply dynamics, ecosystem, and on-chain impact of ETH treasury companies.

Monero, Monero 51% Attack: A $300 million takeover of $6 billion technical verification? Golden Finance, Is Qubic an enemy or a new ally?

Stock tokenization is becoming the best narrative for the integration of TradFi and Web3 in 2025.

Recommended reading for this evening: 1. From clinging to Trump to shilling for the rich: How do ALT5 and WLFI play the capital game? 2. Bitmine's stock price surges again: What are the risks? 3. A blunt question: Is Ethereum still worth chasing?

This approach will not increase the company's debt burden, but it will dilute the holdings of existing shareholders. If the stock price weakens due to a market downturn or ETH price fluctuations, the company's ability to raise funds through additional issuance will be greatly reduced.

In a candid post, Li revealed that he has been frequently mocked by netizens over his decision to become a Singapore citizen in 2009.

Pudgy Penguins’ PENGU token won a trading contest on Kraken, leading to its mascot being featured on Williams Racing’s F1 car at the Singapore Grand Prix. The token has seen strong recent growth and expanded listings, boosting its profile in both the crypto and motorsport communities.