1. Senator Gillibrand Calls for a Ban on Presidents and Officials Profiting from Cryptocurrency During Their Terms

According to Bitcoin.com News, on August 23, U.S. Senator Kirsten Gillibrand stated that Congress should prohibit the President, spouses, and senior officials from issuing, initiating, or profiting from cryptocurrencies during their terms, and incorporate this ethical ban into the Digital Asset Market Structure Bill. A survey showed that 63% of respondents believe that Trump's family's cryptocurrency profiteering is improper. Trump disclosed in his annual report that cryptocurrency-related income exceeded $1.4 billion in 2025. The controversy extends to the Senate Digital Asset Market Clarity Act, which is scheduled for its first procedural vote in the Senate on September 15. Kirsten Gillibrand stated she would not vote to support allowing the President to profit from public office with taxpayer backing.   -Original

2. President Trump Calls on Congress to Pass the Clarity Act, Bitcoin Price Rises

3. U.S. Treasury Secretary Yellen Announces Largest Financial Assault on Iran in History Tomorrow

U.S. Treasury Secretary Yellen announced that the United States will launch the largest financial assault on Iran in history tomorrow.   -Original

4. U.S. August Composite PMI Rises to 56.0, Hitting Highest Level Since April 2022

The S&P Global U.S. Composite PMI index rose 1.5 points to 56.0 in August, reaching the highest level since April 2022, marking the third consecutive month of growth. The Services PMI index increased by 2.2 points to 56.8, the highest since March 2022. The Manufacturing PMI index fell by 0.7 points to 53.9, the lowest in the past five months, but is still in the expansion zone. U.S. businesses increased the number of employees at the fastest pace since January 2025, led by the services sector. Data predicts that the U.S. GDP annual growth rate will reach +3.0% in the third quarter of 2026, with a second-quarter growth rate of +1.5%. Artificial intelligence is driving the growth wave.   -Original

5. Probability of Fed Keeping Interest Rates Unchanged in September is 59.0%, in October is 46.6%

According to CME "FedWatch": The probability of the Fed keeping rates unchanged by September is 59.0%, and the probability of a cumulative rate hike of 25 basis points is 41.0%; the probability of the Fed maintaining rates unchanged by October is 46.6%, with the probability of a cumulative rate hike of 25 basis points at 44.8%, and a cumulative rate hike of 50 basis points at 8.6%. AI Interpretation: Market expectations for the Fed to keep rates unchanged in the short term dominate, reflecting a current monetary policy entering an observation window period. The coexistence of rate hike probabilities shows that the market remains wary of inflation rebound risks, and the policy path's competition remains fierce. This expectation distribution directly suppresses the market's aggressive bets on easing policy, forcing investors to reassess the duration of the high-rate environment. The Fed's tendency to maintain stable rates is clear, with the expectation space for a policy shift in the short term significantly compressed.   -Original

6. SEC Released Reg Crypto Regulatory Proposal Last Week, Seeking Public Opinion for 60 Days

The SEC released the Reg Crypto proposal last week, seeking public opinion for a period of 60 days.   -Original

7. Senator Van Hollen Calls for Investigation into Trump's World Liberty Financial Ties with Foreign Leaders

Democratic Senator Van Hollen called for the shutdown of Trump's Bitcoin and cryptocurrency businesses and requested lawmakers to investigate the ties between World Liberty Financial and foreign leaders. Van Hollen accused World Liberty Financial of receiving $500 million from the UAE four days before Trump's inauguration, after which Trump lifted sales restrictions on AI chips to that country, claiming it sold AI chips to China.   -Original

8. Huang Licheng Closed Bitcoin Long Position with a Loss of $165,000, Increased ETH Long Position to $75 Million

According to TradingBeats monitoring, Huang Licheng failed twice on 40x leveraged long Bitcoin positions, closing a $24.3 million long position, with a loss of $165,000. Huang Licheng increased his ETH long position to $75 million, with an opening price of $2,370, having a floating profit of $1.96 million. Huang Licheng holds HYPE long positions worth approximately $19.85 million, with an average entry price of $79.4; he also holds PUMP long positions worth approximately $4.87 million.   -Original

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