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📢 Gate Daily Report | August 19
1. The crypto market has slightly rebounded but still maintains a downward trend, with fan tokens leading the decline in the altcoin market, and the three major U.S. stock indices closing flat.
2. Overview of institutional Ethereum holdings: BMNR holds 1.5 million ETH, ranking first.
3. Matrixport: The Jackson Hole meeting is expected to not provide substantial signals, the real catalyst is the FOMC meeting on September 17.
4. Zhongjin: The Federal Reserve will remain cautious in its interest rate cut decisions, with limited rate cuts.
5. The U.S. SEC has postponed its decision on multiple cryptocurrency ETF applications.