According to Cointelegraph, the crypto market experienced a surge in sentiment, shifting to 'Greed' on Saturday following comments from U.S. Federal Reserve Chair Jerome Powell. His remarks at the annual Jackson Hole economic symposium suggested potential adjustments to the Fed's monetary policy, sparking speculation about a possible rate cut in September. This development led to a rise in the Crypto Fear & Greed Index to a score of 60, up from a 'Neutral' reading of 50 the previous day. The market's positive response was evident as Bitcoin (BTC) saw a 5% increase, reaching $117,300, and Ether (ETH) climbed to $4,851, nearing its 2021 all-time high. The surge in Ether, which rose by 11.51% over 24 hours, was highlighted by Axie Infinity co-founder Jeffrey 'Jiho' Zirlin, who described Ether as the 'most rate-sensitive aspect of crypto.' He noted that as interest rates decrease, the difference between earnings from stablecoin deposits in decentralized finance (DeFi) and traditional bank deposits widens, making crypto investments more appealing. Market participants are closely watching the upcoming Federal Reserve meeting on September 17, with the CME FedWatch Tool indicating that 75% anticipate a rate cut. The Kobeissi Letter, a trading resource, suggested that Powell's comments are paving the way for such a move. Historically, rate cuts by the Fed have increased liquidity, making riskier assets like cryptocurrencies more attractive to investors. Despite the optimism, St. Louis Fed President Alberto Musalem expressed caution, stating that he requires more time to decide on supporting an interest rate cut. He mentioned that he would continue to update his outlook and assess risks up until a few days before the meeting. Earlier in the week, several crypto market participants had predicted a market spike if Powell hinted at a rate cut. Jason Williams, a crypto author, speculated that a dovish stance from Powell would lead to a significant market rally. Meanwhile, Crypto Banter trader Ran Neuner emphasized the importance of the Jackson Hole symposium in shaping the future direction of the crypto market, noting that U.S. President Donald Trump is advocating for a rate cut, though it remains uncertain if Powell will heed this call.

A popular crypto sentiment tracker surged back into Greed on Saturday after Fed Chair Jerome Powell hinted at a possible rate cut in September. source: https://cointelegraph.com/news/crypto-market-greed-bitcoin-ether-price-rally-federal-reserve-dovish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

ChainCatcher and Alibaba Cloud partner to bolster Web3 infrastructure amid Fed rate cut expectations, impacting market analysis. source: https://coincu.com/356831-chaincatcher-alibaba-cloud-web3-infrastructure

Savvy trader Peter Brandt has given a praising comment on Ethereum reaching a new ATH source: https://u.today/powerful-legendary-trader-peter-brandt-on-new-ethereum-ath

Tokenization grew 7000% with ONDO leading the charge, but its price is stalling. source: https://ambcrypto.com/whales-scramble-to-grab-ondo-under-1-as-tokenization-booms-7000/

필리핀은 비트코인을 전략적 준비 자산으로 채택하는 방향으로 나아가고 있습니다. 36세의 미겔 루이스 빌라푸에르테 의원은 5년 동안 10,000 BTC를 획득하는 전략적 비트코인 준비법을 도입했습니다. 이 법안이 시행되면 비트코인은 금과 외환 보유고와 함께 위치하게 되며, 필리핀은 세계에서 가장 큰 국가 수준의 암호화폐 보유국 중 하나가 될 것입니다. 법안 세부사항, 10000 BTC 목표…20년 잠금 하원 법안 제421호는 2025년 8월 22일에 제출되었으며, 방코 센트랄 응 필리피나스(BSP)가 5년 동안 매년 2,000 BTC를 구매하도록 지시합니다 source: https://kr.beincrypto.com/philippines-lawmaker-proposes-10000-btc-strategic-reserve/

High-leverage trader James Wynn is back in the spotlight with a 25x Ether long showing strong gains, while his parallel Dogecoin bet is struggling in the red. source: https://cointelegraph.com/news/james-wynn-25x-eth-long-doge-trade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

On August 22, according to a comprehensive report by CNBC/Bloomberg/WSJ, Federal Reserve Chairman Jerome Powell gave a mild hint on Friday about possible future interest rate cuts, pointing out that high uncertainty makes the work of monetary policy makers difficult.

XRP holders are preparing themselves for what has the potential to be the most significant breakout in the cryptocurrency's history, as market indicators suggest that a substantial price movement might be on the horizon, drawing attention from investors and analysts alike. source: https://blocknews.com/xrp-holders-brace-for-what-could-be-the-biggest-breakout-yet/

ETH, market, SEC, Ethereum finally hits a new all-time high after 1,384 days - where's the next milestone? Golden Finance, soon to reach $600 billion market capitalization.

Huaxing Capital partners with YZi Labs, allocates $100M to BNB assets to lead digital asset integration. source: https://coincu.com/356828-huaxing-capital-bnb-allocation-100m

After falling below $3, the XRP price looks to be entering into another triangle setup that could ultimately end up in a breakout. This formation on the 4-Hour chart began back in the month of July and could be headed to a natural close in the next few weeks, especially as sellers look to be tiring out at this level. The Support Level To Watch For XRP Pseudonymous crypto analyst TheSignalyst pointed to an interesting formation on the XRP price chart amid the descent into bearish territory. This is the formation of what the analyst has referred to as the “perfect triangle” setup, with the possibility of a breakout at the end of this setup source: https://www.newsbtc.com/analysis/xrp/xrp-perfect-triangle-setup-3/

ETH hits new high! Treasury buys ETH, now what? "Keep buying" and "money makes money"

AI+Crypto Investment Notes: Interest-oriented, safety cushion first.

Golden Finance has launched the 2794th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

The competition in stablecoins has shifted from issuance to distribution, with the Federal Reserve naming "stablecoins, smart contracts, and AI" as the three pillars of payment innovation.

Monetary policy, inflation, full text of Federal Reserve Chairman Powell's Jackson Hole speech, Golden Finance, the current economic situation and the near-term outlook for monetary policy.

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.

Observing the different technical paths of the Bitcoin ecosystem reveals that we are still in its developmental phase. Its true prosperity is still far from here. Therefore, the debate over the Bitcoin Layer 2 (L2) path has only just begun.

The launch of Stripe Tempo and Circle Arc marks a key turning point in the field of digital finance.