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U.S. Senator: If Powell Is Fired by Trump, It Will Trigger a Market Collapse

2025.04.18 14:16:12

On April 18th, US Senator Elizabeth Warren said: "If US President Trump were to fire Federal Reserve Chair Powell, it would cause a market crash in the United States."
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The US stock market will be closed for the entire day on Monday, while trading in gold, silver and oil will end early.

Affected by the US Labor Day holiday, stock markets in the United States and Canada will be closed for one day on Monday, September 7. Trading of precious metals and US crude oil futures contracts under the Chicago Mercantile Exchange (CME) will end early at 02:30 Beijing Time on September 8, while trading of its stock index futures contracts will conclude early at 01:00 Beijing Time. Trading of Brent crude oil futures contracts under Intercontinental Exchange (ICE) will end early at 01:30 Beijing Time on September 8.

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Solana ecosystem token STONK’s market cap briefly surged past $138 million, posting a 311% gain in 24 hours.

According to GMGN market data, STONK, the token of Solana-based token launch platform StonkFun, briefly hit a market cap of over $138 million, marking an all-time high. It is currently valued at $122 million, with a 311% 24-hour gain and $54.7 million in trading volume over the same period. BlockBeats reminds users that related tokens are highly volatile, so investors should exercise caution.

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Arbitrum co-founder clarifies that the remaining locked ARB held by investors and the team accounts for 7.7% of the total supply, with all of it to be unlocked in March next year.

Arbitrum co-founder Steven Goldfeder published a post noting that the market has a misunderstanding regarding ARB's supply, often counting tokens held by the DAO as part of locked supply. He explained that the unlock of tokens for ARB investors and team members is nearly complete, with all such tokens set to be fully unlocked by March next year. The portion of tokens yet to be unlocked currently accounts for approximately 7.7% of the total ARB supply. The Arbitrum DAO treasury currently holds 2.84 billion ARB, though these tokens are not traditional locked tokens—they are controlled by circulating token holders, and their transfer requires approval via a vote of other token holders.

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Trader Point Farm Capital has earned over $5 million in profits over the past 24 hours, topping the Fomo platform’s leaderboard.

According to data from the Fomo platform, trader Point Farm Capital (@pointfarmcap) tops the 24-hour profit leaderboard, logging around $5.001 million in 24-hour profits and holding an account asset value of approximately $6.527 million. The trader’s largest position is 35.1 million STONK, worth roughly $4.707 million, with a position return of 1008.21%. Additionally, they hold 6.9 million ZCAT valued at about $629,000, delivering a position return of 439.07%, plus 33.1 million CTO worth around $313,000, with a position return of 992.32%.

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Pair.fund has burned more than $5 million worth of PAIR tokens.

Robinhood-backed token issuance platform pair.fund announced in a statement that it has burned PAIR tokens worth over $5 million in total, emphasizing its goal of building a deflationary ecosystem.

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Robinhood Ecosystem Token PAIR Surpasses $50 Million Market Cap, Hits New All-Time High

According to GMGN market data, PAIR, the native token of pair.fund — Robinhood’s token launch platform — has reached a market capitalization of over $50 million, hitting a new all-time high. It is currently valued at a $50.13 million market cap, with a 480% 24-hour price increase and a corresponding trading volume of $21.6 million. BlockBeats warns users that related tokens are highly volatile, so investment requires caution.

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