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Markets are quickly recalibrating previously lofty odds of an imminent rate cut as the jets touch down in Jackson Hole for the Kansas City Fed's Economic Symposium.The current data does not make the case for a September ease, said Cleveland Fed President Beth Hammack, speaking with Yahoo News in Wyoming."We have inflation that’s too high and has been trending upwards over the past year," she said. "If the meeting was tomorrow, I would not see a case for reducing interest rates."She further argued that inflation numbers are only beginning to show the impact of tariffs and that the full effect wouldn't be seen until next year.Hammack's comments are notable, showing Fed Chair Jerome Powell continues to have plenty of support...

Myers developed the BTC valuation model that inspired Michael Saylor to adopt a Bitcoin treasury playbook at Strategy.Source link

Bitcoin traded between $112,800 and $113,200 per coin from 9 to 11 a.m. Eastern on Aug. 21 as derivatives metrics showed steady open interest and heavier put activity over the past 24 hours. Futures Positioning Builds Across Venues; Binance and Bybit Trail CME Total bitcoin futures open interest (OI) stood at 711.18K BTC, equal toSource link

A Bitcoin whale with $1.67 billion holdings swapped a portion to open leveraged long positions on Ethereum, but experts suggest there’s more to this move. Source link

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