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August 20th Midday Update: Key Developments at a Glance

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2025-08-20 14:25:07
7:00-12:00 Keywords: Besant, Powell, Intel
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  • A whale exchanged 3,900 ETH for 143.26 WBTC
  • The U.S. Treasury Secretary bets on stablecoins becoming a key buyer of U.S. debt, pushing cryptocurrencies into the core of finance
  • Analysis: Hedge funds are suspected to be the main force in this round of shorting Ethereum
  • Bank of America: Stablecoins are disruptive applications in cross-border P2P payments, potentially generating annualized demand for US Treasury bonds worth up to $75 billion.
  • Strategy's stock price fell to its lowest point in nearly 4 months, possibly due to the Bitcoin price correction and the company's stock issuance policy adjustment.
  • Ethereum withdrawal momentum has slowed down, with a net inflow of 73,000 Ethereum on CEX in the past 24 hours.
  • SOL drops below $180
  • Binance Launches Plume (PLUME) Airdrop
  • August 20th Midday Update: Key Developments at a Glance
  • Fed Governor Bowman: De-banking is a problem in the financial system

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