According to Odaily's Planet Daily, OKX market data shows that ETH briefly fell below 4200 USDT and is currently trading at 4199 USDT, a 24-hour drop of 0.04%. (This news flash is generated by AI)

According to Odaily's OKX market data, BTC briefly fell below 119,000 USDT and is now trading at 118,984.7 USDT, a 24-hour drop of 0.25%. (This newsletter was generated with AI assistance.)

Odaily Planet Daily reported that according to two U.S. government officials, two Federal Reserve vice chairmen, Bowman and Jefferson, and Dallas Fed President Logan are considering taking up the position of Federal Reserve Chairman when the position becomes vacant next year. Treasury Secretary Bessant, who is in charge of the selection, said he will interview more candidates in the coming weeks. Officials said Trump is expected to make a final announcement this fall. People familiar with the matter said that other candidates still under consideration include Trump economic adviser Kevin Hassett, Federal Reserve Board member Waller, economist Mark Summerlin, and former Federal Reserve officials Kevin Warsh and James Bullard. Last week, Trump nominated Stephen Milan, chairman of the White House Council of Economic Advisers, to fill a seat on the Federal Reserve Board. Officials said that since Milan's nomination has been submitted to the Senate for confirmation, the Trump team believes there is no need to rush to find a new chairman. Bessant will interview all candidates for chairman and then recommend a short list of candidates to the president for a meeting with the president. (Jinshi)

According to Odaily's Planet Daily, the TON Foundation announced on the X platform that Coinbase Ventures, the investment arm of Coinbase, has become a holder of Toncoin (TON). The tokens were purchased directly from Telegram, with the specific amount undisclosed. Manuel Stotz, Chairman of the TON Foundation, stated that this is a long-term investment and demonstrates support for TON. Early investors in TON include Sequoia Capital, Benchmark, and Ribbit Capital, with subsequent investors including Pantera Capital, Ryze Labs, and Animoca Brands. The TON ecosystem has recently received a surge in capital, including Verb Technology's announcement of a $558 million private placement to use TON as its primary treasury reserve asset, and TON developer The Open Platform's $28.5 million Series A funding round last month. TON's current market capitalization is approximately $8.7 billion, with a fully diluted valuation of approximately $17.4 billion. (TheBlock)

According to Odaily Planet Daily, Trump posted on Truth Social that gold would not be taxed. This triggered a surge in gold prices, exceeding $3,350 per ounce, a 1.32% gain on the day.

According to Odaily Planet Daily, the decentralized exchange Uniswap Foundation has proposed establishing a new legal entity for its governance organization, adopting the Wyoming Decentralized Unincorporated Nonprofit Organization (DUNA) framework. The proposal would allocate $16.5 million worth of UNI tokens to the new entity, DUNI, to cover past tax and legal defense budgets. The new entity reportedly does not alter the Uniswap protocol, token, or governance structure, and fee revenue cannot be directly distributed to UNI holders. (The Block)