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The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.
A lot of put options are in-the-money, crypto options exchange Deribit's Lin Chen said.

Don't ready too much into the move, said one observer, calling it a typical position reset.

The latest price moves in crypto markets in context for August 24, 2023.

Both tokens rose 3%, bitcoin and ether added as much as 1.2% and bnb (BNB) rallied 1% after staving off concerns about contagion risks in the BNB Chain ecosystem.

Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.


- 02:53Jito transfers $8 million worth of JTO tokensAccording to a report by Jinse Finance, Arkham analyst Emmett Gallic stated that Jito has transferred JTO worth $8 million from its independent custody address. Emmett Gallic noted that since receiving 25 million JTO from the Jito Dev Council Squad, this wallet had remained inactive for two years. It is expected to be a transaction. On September 4, the Jito Foundation announced an update to the JTO tokenomics.
- 02:31Data: Whales go long on BTC, ETH, SOL, and SUI on Hyperliquid, with positions valued at $145 millionAccording to ChainCatcher, on-chain analyst Yu Jin has monitored that whale General Gordon James (@General6316) has opened long positions on Hyperliquid with a total value of approximately $145 million, covering BTC, ETH, SOL, and SUI. The largest position is a BTC long worth $90 million, with an entry price of $113,849 and a liquidation price of $109,014.
- 02:25The net inflow of US spot Bitcoin ETFs reached $258.92 million yesterday.Jinse Finance reported, according to monitoring by TraderT, the net inflow of US spot Bitcoin ETF reached $258.92 million yesterday.