The "Insider Whale" has fully closed its $500 million Bitcoin short position
On October 15th, according to MLM Monitor, the "Insider Whale" has successfully closed its $500 million Bitcoin short position on Hyperliquid within the past two hours. Since the market crash on October 10th, it has achieved a total profit of approximately $5 million.
5 hours ago
Binance Denies Allegations of Charging Listing Fees and Dumping Tokens
October 15th, Binance put out a statement indicating that on October 14th, 2025, CJ made a post on the X platform which contained false and slanderous accusations against Binance. These contents are evidently aimed at misleading the community and attacking the fairness of Binance's listing process.
1. Binance doesn't make a profit from the listing process; the token allocation is for the benefit of Binance users.
Binance doesn't charge a listing fee; the requested collateral is to safeguard user safety. This mechanism ensures that the project can keep operating after listing. The collateral is usually refundable within 1 to 2 years according to specific conditions. CJ's accusations are inconsistent with the so-called "Binance Proposal Terms" that he himself disclosed.
2. The accusations about Binance and its founder selling tokens are also completely untrue and baseless.
3. CJ's unauthorized and illegal public disclosure of confidential communications between him and Binance is asto
5 hours ago
Powell Hints at Further Rate Cut Support as U.S. Job Market Cools
On October 15th, as per the report in the Financial Times, Federal Reserve Chairman Powell gave a warning on Tuesday. He stated that the US labor market is presenting more indications of distress, hinting that he might be prepared to back another rate cut later this month. Powell pointed out, "The downside risks to employment have grown." This is the most emphatic indication thus far that Fed officials believe they have sufficient evidence to support another 25-basis-point cut in the US borrowing cost.
Powell further added that even without the new data from the Labor Department (which was postponed due to the government shutdown), privately generated labor market indicators and internal Fed research offer adequate grounds to believe that the job market is cooling off.
"The existing evidence" indicates that "layoffs and hiring remain at low levels," while "households' perspectives on job opportunities and businesses' views on recruitment difficulties continue to decline." Thes
5 hours ago
Powell: Won't Comment on Gold or Bitcoin Price, Believes Inflation Is Driven by Fundamental Supply and Demand Factors
On October 15th, Federal Reserve Chairman Powell declared that he would refrain from making comments on the price of gold or Bitcoin. He holds the view that inflation is driven by fundamental supply and demand factors. Additionally, it is still too early to ascertain the impact of artificial intelligence on productivity.
5 hours ago
Powell: The labor market has shown significant downside risks, and action that is too slow may result in labor market pressures.
On October 15th, Federal Reserve Chairman Powell declared that the slow transmission risk of tariffs is starting to emerge as persistent inflation. The labor market has presented significant downside risks. As risks become more balanced, policies need to shift towards a more neutral stance.
If the Federal Reserve acts too hastily, it may disrupt the anti-inflation task. Data since the July meeting has clearly shown a softening in the labor market. On the contrary, acting too slowly could exert pressure on the labor market.
The Federal Reserve will not attempt to fix the equilibrium level of employment; the standard error itself could be 50,000. (FXStreet)
5 hours ago