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

According to market data from BIT (bit.com), the semiconductor and storage sectors are rising in pre-market trading for US stocks. Lam Research (LRCX) leads the gains with a 7.65% increase; the company released its earnings report after yesterday’s market close, with both performance and guidance exceeding expectations, forecasting next quarter’s revenue to reach a maximum of $8.5 billion. Other notable gainers include: NVIDIA (NVDA) up 1.77%, Intel (INTC) up 2.26%, AMD (Advanced Micro Devices) up 3.55%, Seagate Technology (STX) up 3.74%, Western Digital (WDC) up 4.01%, SanDisk (SNDK) up 4.33%, Micron Technology (MU) up 2.45%, and SK Hynix ADR up 1.8%.

Fortitude Mining, the independent mining platform under Digital Currency Group (DCG), has signed a procurement agreement worth approximately $45 million to purchase mining rigs and infrastructure assets in Nebraska, advancing vertical integration in its Zcash mining operations. The deal includes a $31.5 million commitment for mining rigs, plus acquisitions totaling $13.9 million in power contracts, land, buildings, and mining equipment. Fortitude’s owned and controlled data center capacity will rise to over 60 megawatts by 2026, as it accelerates its shift from partial reliance on third-party infrastructure to an operating model that controls power and data center resources. In the first quarter of 2026, Zcash contributed 61% of its mining revenue, exceeding Bitcoin’s 36%, and the company’s business focus continues to tilt toward Zcash.

Aave founder Stani Kulechov said that Aave’s recent delisting of low-adoption assets and networks should not be interpreted as a stance against any Layer 1 (L1) or Layer 2 (L2) blockchains. The move is aimed at reducing Aave’s operational, technical, and economic risk exposure, so that the protocol can focus on higher-impact priorities such as expanding existing high-value markets and entering the securities lending space. L2s remain critical to Ethereum’s user experience: for example, Aave App’s stable vaults use L2s as their accounting layer, which will help mainstream users access DeFi. Similarly, networks like Avalanche play an important role in bringing real-world assets (RWAs) on-chain through institutional business expansion, an area where Ethereum has historically been relatively weak.

AI data center firm Hyperscale Data, Inc. (NASDAQ: GPUS) announced it has sold 100 Bitcoin to fund the construction of its artificial intelligence data center in Michigan. CEO William Horne stated the move is "a conversion of one balance sheet asset to another", emphasizing the company’s stance on Bitcoin remains unchanged.

According to market data from BIT (bit.com), SK Hynix’s contract price surged nearly 3% in a short period following news that SK Group’s chairman had bought SK Hynix stock for the first time, now quoted at $950. Earlier reports revealed that SK Group Chairman Choi Tae-won purchased 3,620 shares of SK Hynix, his first direct acquisition of the company’s stock, lifting his holdings from zero to 3,620 shares. Valued at today’s closing price of $920 per SK Hynix share, the holding is worth roughly $3.33 million.

CZ stated in a post that he did not communicate with the Giggle Academy team about the recent sale of donated tokens, nor does he personally manage the relevant addresses. However, Giggle Academy typically converts or sells most of the donated tokens it receives into BNB at the end of each month. Without a prior agreement or contract, when sending or donating tokens to another party’s address, senders should not expect recipients to handle the tokens according to their wishes—for example, burning them. If you want to interact with another party by sending tokens, you should also be prepared for the possibility that the recipient will sell the tokens. Since the tokens are labeled as donations, recipients should be allowed to use them; one cannot later claim they originally expected the tokens to be burned. Tokens donated to Giggle Academy will be sold, with the proceeds used to provide free education for children worldwide. The project has benefited over 1 million children in less than two years. CZ added that he supports all meme coins and may buy or sell one or two meme coins in the coming weeks to test new initiatives.