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Coinbase's Chief Security Officer makes a case for why law enforcement should prefer crypto to cash.

Global investors ploughed money into equity funds in the week to Aug. 21, encouraged by expectations of a Federal Reserve rate cut in September and easing concerns about the U.S. economy. According to LSEG data, investors snapped up $15.73 billion worth of global equity funds during the week, marking their largest weekly net purchase since July 17. Expectations of Fed rate cuts soared as the latest meeting minutes revealed that a majority of policymakers support a September interest rate cut if the data aligns with expectations.

(Bloomberg) -- Gold rebounded above $2,500 an ounce, ahead of a speech by Federal Reserve Chair Jerome Powell that may provide fresh clues on the central bank’s monetary-policy path.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CitySydney Central Train Station Is Now an Architectural DestinationWith Housing Costs High, Democrats Hone YIMBY MessageWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkUK Transport Minister Clears Path for Mo

Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.

Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.

Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.