Federal Reserve's Harker: May Temporarily Hold Rates Steady

According to monitoring by TradingBeats (formerly Hyperinsight), ENA is trading at $0.1686, up approximately 16.3% in the past 24 hours, with a trading volume of around $138 million and open interest of about $73.773 million. ENA hit a low of $0.07696 on July 30, and has since rebounded roughly 119.1% from its near-month low; it reached an intraday high of $0.18994 today, and is now down about 11.2% from that peak. A whale address starting with 0x0911 went long on ENA on July 28, roughly two days earlier than the aforementioned stage low, and has held the position for about a month. Currently, the whale holds a 10x fully leveraged long position on 9.453 million ENA tokens, with a position value of around $1.594 million, an average entry price of $0.09498, and an unrealized profit of approximately $696,000, translating to a return of 775.5%. TradingBeats, an on-chain Perpetual (Perp) and address analysis tool, is now live, supporting real-time viewing of Hyperliquid data—from tracing whale operations to in-depth address analysis, all accessible at a glance.

According to Bloomberg, ahead of Federal Reserve Chair Walsh’s speech at the Jackson Hole Economic Symposium, multiple Fed officials have sent mixed signals on inflation and interest rate outlooks, with their main disagreement centered on whether current rates are sufficiently restrictive for the economy. Kansas City Fed President Jeff Schmid argued that short-term rates could still be accommodative, meaning the Fed has more work to do. Cleveland Fed President Beth Hammack similarly noted that current rates are not restrictive enough for the economy, and further policy tightening is needed to bring inflation down to the 2% target within a reasonable timeframe. Boston Fed President Susan Collins, meanwhile, said current rates are "moderately restrictive". Chicago Fed President Austan Goolsbee said the Fed can continue to wait for inflation data, but he would be concerned if services inflation remains high or rises again. The U.S. July PCE price index rose 3.7% year-over-year. Interest rate futures show the market pricing in a roughly 36% probability of a Fed rate hike in September. The Fed kept the federal funds rate at 3.5% to 3.75% in July, with three officials backing a rate hike at that meeting. Walsh is scheduled to speak at 22:00 Beijing time on August 28.

According to GMGN market data, today’s meme coin market has entered a phase of divergence. Strong-performing tokens on Robinhood Chain have pulled back from their highs, but capital has not significantly exited the market—instead, it is continuing to seek new relay opportunities within the chain. The AI-themed meme coin Artificial Inu (AI) hit a new all-time high, while FONE has emerged as a standout on Solana, with the short-term market still focused on high-volatility meme coins. On Robinhood Chain, CASHCAT has pulled back after hitting a phase high, currently trading at ~$0.203, with a market cap of ~$204 million. Its all-time high market cap stood at ~$257 million, down 12.1% in 24 hours, and 24-hour trading volume is ~$34.1 million. PONS also corrected from a high, currently priced at ~$0.112, with a market cap of ~$114 million, all-time high ~$149 million, down 8.6% in 24 hours, and 24h trading volume ~$15.7 million. Meanwhile, Artificial Inu (AI) continues to strengthen, hitting an all-time high market cap of $95.7 million at one point. The meme coin is currently trading at ~$0.0878, with a market cap of ~$87.17 million, up 50.4% in 24 hours, and 24h trading volume ~$15.5 million. AI’s core narrative combines AI and Inu dog themes, making it one of the strongest relay tokens on Robinhood Chain recently. The new hotspot on the Solana network is FONE, a meme coin currently priced at ~$0.0222, with a market cap of ~$22.1 million, all-time high ~$32.2 million, up 692% in 24 hours, and 24h trading volume ~$80 million. Full name apeonfone, FONE is a newly launched phone-themed meme coin on Solana that has quickly attracted short-term capital thanks to its new token narrative and extremely high turnover.

Beating AI Newsflash: TIME Unveils 2026 TIME100 AI, the fourth edition of its annual AI power list. NVIDIA CEO Jensen Huang and DeepSeek CEO Liang Wenfeng, both featured in the "Leaders" category last year, are absent from this year’s lineup. YUANZHI LING’s Yang Zhilin, however, makes his debut in the "Innovators" category. TIME Editor-in-Chief Sam Jacobs specifically highlighted him, noting that YUANZHI LING’s models have garnered "extraordinary attention" over the past year, sometimes outperforming even the most advanced U.S. rivals. This year’s "Leaders" category includes OpenAI’s Sam Altman, Mark Chen, and Greg Brockman, while Anthropic’s Dario and Daniela Amodei also made the cut. Chinese entities with representatives on the list include ByteDance, Alibaba, Huawei, SMIC, YUANZHI LING, Zhipu AI, Manus, Zhiyuan Robotics, and BYD. Many new faces this year are agent and AI tool entrepreneurs: Cursor CEO Michael Truell, OpenClaw creator Peter Steinberger, and Manus founder Xiao Hong all landed in the "Innovators" category. Perhaps the most surprising addition is Ben Affleck. The Hollywood actor, famous for playing Batman, was also named to the "Innovators" list. His company InterPositive uses AI for film post-production. Netflix acquired the firm in March this year, with the cash deal valued at roughly $587 million, and Affleck joined Netflix as a senior advisor post-acquisition.

Per an official announcement, Bitget has launched HPQ (Hewlett-Packard) stock perpetual contracts. The contracts are settled in USDT, support up to 20x leverage, and are available for 24/7 trading. As of now, Bitget offers a total of 295 stock contract underlyings.

Goldman Sachs said oil exports from the Persian Gulf have recovered to roughly two-thirds of pre-conflict levels. Goldman Sachs analysts including Daan Struyven noted that, driven by increased traffic through the Strait of Hormuz, total exports of crude oil and petroleum products from the region have risen to 15 million to 16 million barrels per day, still 7 million to 8 million barrels lower than pre-conflict levels, but far above the low of 5 million to 6 million barrels per day recorded in March. Oil volumes transported solely via the Strait of Hormuz may already be approaching the 8 million to 10 million barrels per day estimated by U.S. officials. Goldman Sachs stated: "The rise in the number of professional carriers sailing with their vessel tracking signals disabled, along with increased ship-to-ship transfer activities, indicates that producers and carriers are adapting to the Middle East conflict." While large volumes of oil are being shipped out of the Persian Gulf, shipments of liquefied natural gas (LNG) and refined petroleum products remain low. Goldman Sachs added: "In a scenario of sustained supply disruptions, we still believe that upside potential for European natural gas prices and forward refined product prices will be larger than that for crude oil." (Source: Jinshi)