Tether Abandoned Two Bitcoin Mines in Uruguay Due to Power Supply Disputes; Invested Approximately $120 Million in the Project, but Still Continuing to Expand Mining Operations in Brazil and Other Regions.

Fidelity argues that the online activity brought about by AI agents may not necessarily translate into value for the public chain and tokens. Closed platforms, stablecoin payments, and regulatory factors could all lead to a diversion of profits.

Bitcoin rises to $75,000; foreign media say Trump's stance on cryptocurrencies and declining U.S. inflation boost market sentiment, but geopolitical risks may still bring downward pressure.

Cramer says that valuations of U.S. stocks are diverging from the actual performance of companies, and high interest rates, oil prices, and consumer pressures are dragging down market pricing.

The U.S. Commodity Futures Trading Commission (CFTC) held its first meeting of the Innovation Advisory Committee on August 20 in Washington. The committee was restructured from the former Technical Advisory Committee and is tasked with providing recommendations to regulatory authorities on technical, legal, policy, and financial cross-cutting issues. Its members come from exchanges, clearinghouses, crypto companies, predictive markets, academia, and public interest organizations. The meeting itself does not automatically result in new regulations, nor does it equate to consensus among committee members, but it indicates that discussions on derivatives regulation in the United States are shifting from principle-based support for innovation to more actionable issues such as market structure, product boundaries, monitoring capabilities, and customer protection.