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Bessent says next Fed chair must look beyond rates
Bessent says next Fed chair must look beyond rates

Share link:In this post: Treasury Secretary Scott Bessent told Japan’s Nikkei the next Fed chair must have market credibility, strong data-analysis skills, and a forward-looking approach beyond just rate policy. He defined a “strong dollar” as maintaining the U.S. dollar’s reserve currency status through sound economic policy, not pegging it to a fixed exchange rate. About 10 candidates are in the running to replace Jerome Powell in May, including James Bullard, Kevin Hassett, Kevin Warsh, Christopher Wall

Cryptopolitan·2025/08/11 02:25
Bitcoin’s Next All-Time High Could Be Close—2 Indicators Signal More Upside
Bitcoin’s Next All-Time High Could Be Close—2 Indicators Signal More Upside

Bitcoin price is within a whisker of its July record, and two market signals hint the breakout may not stop at a new high.

BeInCrypto·2025/08/11 00:45
Lido (LDO) Jumps 58% in Five Days as Active Addresses Hit Two-Year High
Lido (LDO) Jumps 58% in Five Days as Active Addresses Hit Two-Year High

Lido DAO’s LDO token surged 12% to a six-month high amid rising network activity and strong investor interest. Bullish sentiment now targets $1.68, with $1.85 in sight if momentum holds.

BeInCrypto·2025/08/11 00:30
Flash
00:35
A critical vulnerability was reportedly found in the Aptos blockchain, with an attack cost of only a few hundred dollars, but the team has already fixed it in time.
ChainCatcher news, according to a report from Coindesk, security firm Hexens' white-hat hackers discovered a vulnerability in the Aptos blockchain, which has now been fixed. If maliciously exploited, this vulnerability could have exposed up to 70 billion US dollars worth of digital assets to systemic risk, including stablecoins and cross-chain bridges. In late February, Hexens researchers reported a critical vulnerability in the Move virtual machine (the execution environment for on-chain smart contracts) to the Aptos development team. It was identified as a "stale cache vulnerability," which could cause a type confusion bug, meaning the software could be tricked into mistaking one on-chain resource for another. The researchers simulated this attack in a real network environment, achieving a success rate of over 90%. They used a well-configured set of servers (costing only 3,000 US dollars) to simulate about one-third of the validator network, and the attack did not require insider access or special privileges. The Aptos team fixed the vulnerability immediately after it was discovered, with no loss of funds occurring.
00:34
The US Department of the Treasury Officially Launches the 'Trump Account' App
BlockBeats News, July 5th​—The U.S. Department of the Treasury announced today that, on the occasion of the 250th anniversary of the United States, it has officially launched the "Trump Accounts" nationwide. The U.S. Department of the Treasury stated that this is an innovative savings and investment platform designed to ensure that future generations of Americans have a stake in the U.S. economy from day one. The "Trump Accounts" will help families build long-term financial security while deepening their understanding of how the U.S. capital markets operate. The "Trump Child Investment Account" is expected to inject $30-50 billion of incremental funds directly into the U.S. stock market in the first year. Subsequently, families and employers can contribute up to $5,000 per account annually, leading to a continuous inflow of several billion dollars or more in stable funds over the long term, providing long-term buying support.
00:32
The BTC-ahr999 accumulation index is approaching the "buying zone," currently at 0.4787.
According to AiCoin data, the current BTC-ahr999 accumulation index is 0.4787, which is close to the "bottom-buying range." Accumulators are advised to pay attention to changes in this index. Note: ① <0.45 is considered the bottom-buying range; ② 0.45~1.2 is the regular investment range; ③ 1.2~5 is the takeoff waiting range; ④ >5 is not necessarily an ideal time for regular investment. Data is for reference only and does not constitute any investment advice.
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