China News Daily Official TheBitTimes.com

Federal Reserve Chairman Jerome Powell says that current market and economic conditions could allow for an interest rate cut soon. In his speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the Fed Chair cited “sweeping changes” in tax, trade and immigration policies. The result is that “the balance of risks appears to be shifting” between the Fed’s twin goals of full employment and stable prices. Thus, future cuts are possible. JUST IN: Fed Chair Jerome Powell suggests current conditions 'may warrant' interest rate cuts. pic.twitter.com/Ogn5NsxHOz — Watcher.Guru (@WatcherGuru) August 22, 2025 Powell noted that compared to the state of the economy during his speech last year, unemployment is lower and the labor market is in better condition. He went on to indicate that these conditions allow “us to proceed carefully as we consider changes to our policy stance.” “Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks ...

BlackRock has crossed a new milestone in its digital asset strategy, with cryptocurrency holdings now at $103.98 billion as of August 14, 2025, according to Finbold Analysis of data from blockchain intelligence platform Arkham . The portfolio includes $89.27 billion in  Bitcoin (743,310 BTC) and $14.71 billion in Ethereum (3.2 million ETH).  Notably, this marks a staggering $49.15 billion net increase since the start of 2025, when BlackRock’s crypto holdings stood at $54.83 billion, comprising $51.16 billion in BTC and $3.59 billion in ETH. BlackRock’s recent Ethereum accumulation Notably, the pace of Ethereum accumulation has accelerated sharply in recent months. At the start of the year, BlackRock held roughly 1.07 million ETH worth $3.59 billion. By June 30, that figure had climbed to $4.21 billion, and in just six weeks since, the position has more than tripled to $14.71 billion.  In percentage terms, Ethereum holdings have surged 198.64% in volu...

A study published by the Bank for International Settlements (BIS) claims that the most successful liquidity providers on Uniswap v3 are sophisticated institutional agents who mimic the tactics of traditional finance. Despite the promise of decentralized finance (DeFi) opening up lucrative opportunities to average Joes, the findings show that there’s no such thing as a free lunch. The BIS’ 36-page Working Paper compares “sophisticated and unsophisticated participants” across the top 250 pools, representing 96% of volume on the decentralized exchange (DEX); the groups are defined according to their “behavior and position sizes.” The “profitability, liquidity provision strategies and responses to market changes” of the two groups were then analyzed to explore “whether DEXs fulfill their promise of ‘democratizing’ financial markets by allowing anyone to participate in liquidity provision without intermediaries.” Rather than wide-range, passive liquidity provisio...