Corporate Bitcoin Buying Slows in August as Treasuries Add $5B

Bitget LINK/USDT's perpetual trading volume surged 30 times within 10 minutes, with a turnover of 63.33 million US dollars in the past 24 hours, a decrease of 1.98% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

[Trump Urges Appeals Court to Approve Dismissal of Federal Reserve Governor Cook] On September 14, U.S. President Trump submitted a final request to the U.S. Court of Appeals, seeking approval to dismiss Federal Reserve Governor Cook, accusing her of involvement in mortgage fraud. Trump stated that he hopes to complete this action before the Federal Reserve announces its interest rate decision next week and emphasized that Cook has so far failed to provide a strong rebuttal to the allegations. This development could have a significant impact on the upcoming Federal Reserve meeting and market expectations.

[Amazon Posts Job Opening for 'Head of Cryptocurrency Ecosystem' with an Annual Salary of $500,000] According to a report by Jinse Finance and disclosed by @pete_rizzo, Amazon, with a market capitalization of $2 trillion, has posted a job opening for 'Head of Cryptocurrency Ecosystem' with an annual salary of $500,000.

[Tether's 'Hedging and Expansion' U.S. Strategy Puts Circle on the Defensive Amid Market Turmoil] According to a report by Jinse Finance, Circle has long positioned USDC as a compliant alternative to USDT. Tether's launch of USAT directly challenges USDC's market position, the latter being closely tied to the top U.S. cryptocurrency exchange Coinbase. Mizuho Securities senior analyst Dan Dolev believes that the launch of USAT is a disadvantage for Circle. He stated: 'This demonstrates that the commoditization of USDC is higher than initially imagined. This is precisely why we remain cautious about Circle.' Previously, Mizuho analysts had suggested that Circle's USDC growth might be slower than expected. However, prior to the launch of USAT, analysts at Bernstein held the opposite view, believing that Circle would continue to grow regardless of the competition it faces. Circle has not yet commented on this matter.

OKX-OKB/USDT is now reporting $200, with a 5-minute increase of 0.17%. Please pay attention to market fluctuations.