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Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

2025.02.05 08:40:15

On February 5th, Federal Reserve Governor Jefferson indicated that there is no urgency to expedite further interest rate cuts. Given the robust economy, a cautious response is deemed appropriate. (Xinhua News Agency)
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A crypto whale transferred approximately 1,073.49 BTC to a new wallet.

According to OnchainLens monitoring, a crypto whale has transferred approximately 1,073.49 BTC to a new wallet, valued at around $83.39 million. The BTC was initially received from BTC Markets three months ago.

3 minutes ago

South Korean battery stocks surge, likely driven by U.S. midterm elections.

According to Bitget market data, South Korean battery manufacturers saw sharp stock gains as the Democratic Party won both the House of Representatives and the Senate in the U.S. midterm elections. LG New Energy rose over 4%, Samsung SDI surged more than 10%, and SK Innovation climbed over 2%. Battery material producers POSCO Holdings and LG Chem each gained more than 2%.

3 minutes ago

Gambler 0x4b62 liquidated 6 times on $BTC shorts, losing 199.83 $BTC ($15.45M) as price rebounds above $78K

As $BTC rebounded above $78,000, gambler 0x4b62 got liquidated 6 times on his $BTC short over the past 2 hours, with a total of 199.83 $BTC ($15.45M) liquidated. He still holds a short on 70.99 $BTC ($5.5M), with a new liquidation price of $78,192.79.

3 minutes ago

Bitcoin rebounds above $78,000, with one trader facing six forced liquidations in two hours.

According to Lookonchain monitoring, as Bitcoin (BTC) rebounded above $78,000, trader 0x4b62 has had their BTC short positions liquidated six times over the past two hours, with a total of 199.83 BTC cleared, worth roughly $15.45 million. The trader currently still holds 70.99 BTC in short positions, valued at approximately $5.5 million, with a new liquidation price of $78,192.79.

3 minutes ago

Elon Musk teased about the election results, saying, "Looks like my 'election-interfering space laser' didn't work this time."

In relation to the U.S. midterm elections, Elon Musk posted a playful remark saying, "Looks like my space laser for election meddling didn’t work this time." He also noted, "Space data centers look quite attractive right now."

3 minutes ago

Zhipu AI and Minimax jumped more than 7% in intraday trading.

Per Bitget market data, Zhipu is up 11.7% in one hour and 9.6% in 24 hours, now quoted at HK$61.42. Minimax turned positive intraday, gaining over 7%, at HK$166.7.

3 minutes ago

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