Odaily News: Federal Reserve Chair Warsh stated, "Although the PCE and CPI data released this summer were better than expected, they have not convinced me that there has been a meaningful improvement in the underlying trend of inflation." "Market prices reflect the market's belief that we will achieve price stability. I can assure you that the market's judgment is correct."

Warsh subsequently stated that with inflation above 2%, the Federal Reserve's "primary focus at present should be on prices." Warsh's highly anticipated remarks come amid criticism of his streamlined communication strategy. Economists and market participants believe this strategy has lacked clear articulation regarding the near-term economic and monetary policy outlook.

Warsh's comments appear to address these concerns, as he elaborated more deeply than before on his views of the economic situation and the policy priorities of the Federal Reserve under his leadership. He said, "Let us also be clear about another aspect of our goal: price stability will not be achieved automatically, and inflation will not necessarily return to target on its own. Achieving price stability is the responsibility of the Federal Reserve." It is expected that Warsh will not answer questions raised by central bank officials and economists on site.

Odaily News Federal Reserve Chairman Warsh warned that inflation has not shown meaningful signs of slowing, and stated that policymakers must be confident inflation is moving in the right direction, or the central bank still has "more work to do."

Warsh reiterated that the Fed will bring inflation back to its 2% target. He stated that this is a clear and fixed goal. Warsh said: "My standard is that we must be confident that underlying inflation is moving toward our target, and at a pace that is clear and fast enough. Otherwise, we have more work to do. That is our job." Warsh also noted that current financial conditions are not restrictive, and that interest rates are the Fed's "primary tool" for fulfilling its mandate.

Odaily News: Market pricing indicates that the probability of a Federal Reserve rate hike in September is now estimated at about 50%.

According to Odaily, data from Gate shows that spot gold has fallen below $4,560 per ounce, down 0.91% on the day.

Odaily News: US short-term interest rate futures fell, and market pricing showed that bets on a Federal Reserve rate hike increased following remarks by Fed Chair Warsh.

Warsh stated that forward guidance should play a limited role, and that forward-looking policy should not be based on outdated or inaccurate data. The likelihood of significantly higher economic growth is rising, and market participants should focus on real information in the economy.

Odaily News: According to Gate data, the U.S. Dollar Index (DXY) briefly dropped 20 points to a low of 99.06, and has since recovered to 99.28.

Earlier data showed that the preliminary benchmark revision for U.S. non-farm payroll employment in 2026 was -79,000, compared to market expectations of 183,000.

Odaily News: According to Lookonchain monitoring, Lazarus Group hackers transferred 244.148 BTC, worth $19.42 million, an hour ago.

Odaily News: The preliminary benchmark revision for U.S. non-farm payroll employment in 2026 (unadjusted) was -79,000, compared with expectations of 183,000 and a previous reading of -862,000. (Jin Shi)

Odaily News: Fed Chair Warsh stated that we must be confident that underlying inflation is moving toward the target, or that there is still work to be done. It is difficult to describe financial conditions as restrictive. (Jinshi)

Odaily News According to on-chain data monitoring, as the HYPE price climbs, whale Loracle's 3x leveraged HYPE short position remains in a floating loss. The position is now being gradually closed and reduced, currently down to 594,957.48 HYPE, worth approximately $50.14 million, with a floating loss of about $18 million and a return on investment of -107.85%.

Odaily News: Bitcoin News posted on X platform that U.S. spot Bitcoin ETFs have recorded net inflows for 8 consecutive days, totaling $2.8 billion. August has become the strongest month for capital inflows since 2026.

As Bitcoin and gold rise in tandem, investors are increasingly seeking to hedge against risks including a weakening U.S. dollar, persistent inflation, and the widening U.S. fiscal deficit. Gold funds have also seen record demand.

This shift is beginning to reflect in ETF trading. IBIT and GLD have rejoined the list of the top 10 most-traded ETFs, after semiconductor funds dominated for most of the summer.

BlackRock noted that another significant source of demand comes from existing Bitcoin holders moving their tokens into ETFs. The company has so far processed approximately $5 billion in deferred-tax Bitcoin transfers into ETFs, and the minimum conversion amount has recently been lowered from $25 million to $1 million.

"As we continue to expand access, this scale will continue to grow," said Robbie Mitchnick, Head of Digital Assets at BlackRock.

Mitchnick pointed out that incidents such as kidnappings, ransomware attacks, and custody failures are driving some Bitcoin holders to shift toward ETF custody.

Bitcoin and gold are once again aligning with the core of the same macroeconomic logic, as the currency debasement trade makes a comeback.

Odaily News, August 28, 21:47 (Beijing time), the Grayscale GBTC-related address transferred 340.449091 BTC to two addresses, including Coinbase Prime Deposit, with a value of approximately $26.9186 million.

According to Odaily, Glassnode data shows that as BTC rebounds toward $80,000, options market positioning has clearly shifted to a bullish stance. BTC options open interest has climbed back to nearly 550,000 BTC, with derivatives market participation rising again; the DVOL volatility index has bounced to around 41, though still below the previous high-volatility range of 50–60. Glassnode notes that the 25 Delta Skew across all tenors has narrowed significantly, with short-term skew turning negative, indicating reduced demand for downside protection and positioning leaning more balanced or bullish. BTC is currently in a dense Gamma zone between approximately $75,000 and $80,000, with recent flows concentrated at the $72,500 and $79,250 strike prices, where notable call buying has been observed at both levels, while put demand remains relatively limited.

Odaily Planet Daily News According to Hyperbot data, the "anti-CZ" whale has opened 20x leveraged long positions on Bitcoin and 15x leveraged long positions on Ethereum, with unrealized gains exceeding $7.2 million and an investment return rate of 491%. Currently, the whale holds 31.31624 BTC in the Bitcoin long position and 8,092.4521 ETH in the Ethereum long position. The whale gained notoriety for shorting ASTER immediately after CZ purchased it.