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📢 Gate Daily|August 22
1. The meme cryptocurrency Kanye West has risen to 3 billion dollars, Gate is launching YZY globally for the first time.
2. Initial claims for unemployment assistance in the U.S. were 235,000 for the week ending August 16, compared to 225,000 as expected.
3. Bank of America: Lower interest rates and high inflation may negatively impact the US dollar
4. Glassnode: Bitcoin inflows show signs of weakening, the four-year crypto cycle may still persist