U.S. premarket headlines on Aug. 20 included a fresh pro-crypto message from President Donald Trump and new regulatory movement from the Commodity Futures Trading Commission. During a White House meeting with leaders from the technology and innovation sectors, Trump said the administration had fully ended the "war" on cryptocurrency, said the U.S. is leading the industry’s development, and urged Congress to pass a "fair" version of the Clarity Act. The update came alongside fund flow data showing $454.8 million in net inflows to spot Bitcoin ETFs and $186.8 million in net inflows to spot Ethereum ETFs on the previous day. Elsewhere, OpenAI’s chief financial officer said the company plans to go public before 2027. Goldman Sachs said September rate-hike pricing is leaning hawkish, with pressure on U.S. equities coming from shifting interest-rate expectations. In crypto regulation, the CFTC opened a public comment process on proposed computing-power derivatives contracts, while the agency’s chair is also pushing for Hyperliquid to enter the U.S. market in a compliant way.
BlockBeats reported on Aug. 20 that several key items were in focus before the U.S. stock market opened on Thursday.
- U.S. President Donald Trump, speaking at the White House during a meeting with leaders from the technology and innovation sectors, said the "war" on cryptocurrency had been fully ended, said the United States is leading the industry’s development, and urged Congress to pass a "fair" version of the Clarity Act.
- Spot Bitcoin ETFs recorded $454.8 million in net inflows the previous day, while spot Ethereum ETFs posted $186.8 million in net inflows.
- OpenAI’s chief financial officer said the company will go public before 2027.
- Goldman Sachs said September rate-hike pricing is leaning hawkish, and that pressure on U.S. stocks is coming from repeated shifts in interest-rate expectations.
- The U.S. Commodity Futures Trading Commission, or CFTC, has opened a public consultation on launching computing-power derivatives contracts.
- The chair of the CFTC is also pushing Hyperliquid to enter the U.S. market in a compliant manner.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
