ETH breaks through the $4600 mark

[Federal Reserve Board Nominee Milan May Be Confirmed Before Meeting] Market reports indicate that Milan, the Federal Reserve Board nominee proposed by Trump, may be confirmed before the upcoming Federal Reserve meeting. The U.S. Senate Banking Committee plans to hold a hearing next week to review his nomination.

[The U.S. Government Releases GDP Data on Blockchain for the First Time, Covering Nine Blockchain Platforms] The U.S. government has begun publishing Gross Domestic Product (GDP) data on public blockchains, initially covering nine blockchain platforms including Bitcoin, Ethereum, and Solana. This move aims to provide a new channel for economic data dissemination but will not replace existing methods. Commerce Department officials revealed that the cryptographic hash values of the data will be recorded on the blockchain, with plans to expand coverage in the future. Commerce Secretary Howard Lutnick, a key proponent of the initiative, previously expressed his desire to adjust the GDP reporting method to exclude the impact of government spending on the data. The data is published by the Bureau of Economic Analysis, and this blockchain initiative is unrelated to the dismissal of the Bureau of Labor Statistics director. This move is seen as further support from the U.S. government for cryptocurrency and blockchain technology.

At the opening of the US stock market, the Dow Jones Industrial Average rose 47 points, the Nasdaq rose 48 points, and the S&P 500 index rose 0.1%.

[Analyst Says U.S. Initial Jobless Claims Data Shows Labor Market Resilience] On August 28, analyst Giuseppe Dellamotta stated that the U.S. initial jobless claims data performed strongly, and the downward revision of continuing jobless claims further highlights the resilience of the labor market. The market will next focus on the ISM employment subindex, ADP private employment data, and the non-farm payroll report.

[Swedish company Refine Group AB purchases 1.84 BTC] Odaily Planet Daily News: According to market reports, Swedish company Refine Group AB has purchased 1.84 BTC. Last month, the company announced an additional fundraising of 5 million SEK (approximately $520,000), specifically allocated for purchasing Bitcoin.