Daily Market Wrap | Aug. 19

Hot Topics

• US and Europe are working on Ukraine’s military security guarantees for a potential Putin-Zelenskiy meeting.
• Powell’s Jackson Hole speech on August 22, 2025, may boost or break markets based on rate-cut signals.
• Volatility across crypto, gold, treasuries, stocks, and FX dropped sharply before Powell’s Jackson Hole speech on August 21-23, 2025.
• South Korea’s FSC suspended new crypto lending products, citing risks to users and market stability after a $1 billion liquidation event.
• Volkswagen Singapore partnered with FOMO Pay to accept crypto payments for vehicles and services on August 14, 2025.

Market Updates

• Crypto ETPs saw $3.75B inflows last week, with ETH driving 77% ($2.9B) and record $17B ETF volume.
• SOL Strategies set a new record with 6,031 unique validator wallets staking on the Solana network.