Overview of Important Developments on the Evening of August 16
12:00-21:00 Keywords: BlackRock, NCSoft, Goolsbee, Bank of America
1. Gold breaks above the $2480 mark, approaching historical highs;
2. BlackRock's crypto ETF on-chain holdings surpass Grayscale for the first time;
3. Elon Musk: U.S. inflation is due to "printing more money";
4. Fed's Goolsbee: Some leading recession indicators are flashing warning signals;
5. South Korean online gaming giant NCSoft gains over 250x return on its investment in SUI tokens;
6. Grayscale transfers 1601.6 ETH, approximately $4.2 million, to market maker Flow Traders;
7. Bank of America: The market is pricing in four rate cuts this year, does not believe Powell will go against market pricing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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