Overview of Important Midday Developments on August 14

7:00-12:00 Keywords: Fumio Kishida, BlackRock, New Zealand, Ripple Case

1. Fumio Kishida will resign as Prime Minister of Japan;

2. BlackRock IBIT has attracted approximately $20.5 billion so far in 2024;

3. Bitcoin miners are selling Bitcoin to make a living amid BTC price fluctuations;

4. The Reserve Bank of New Zealand unexpectedly cut interest rates by 25 basis points, the first cut since March 2020;

5. Exchange survey: 73% of U.S. cryptocurrency users plan to continue investing in 2025;

6. Blackstone: Signs of a U.S. economic slowdown are visible, and a Fed rate cut will "soften the blow";

7. Bernstein: If Trump wins the U.S. election, it will be positive for the crypto market, while a Harris victory will be negative;

8. Bloomberg: The Ripple case is a good sign for other crypto companies fighting the U.S. SEC.