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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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Several Chinese Banks Tighten Leveraged Trading on Gold and Silver, Margin Requirement for Gold-Silver Leveraged Trading Soars to 140%

June 22 — China Construction Bank, China Merchants Bank (CMB), and Bank of China have announced coordinated adjustments to margin requirements for individual precious metals deferred contracts traded on the Shanghai Gold Exchange, with the banks unveiling the changes sequentially. Specifically, China Construction Bank will raise margins for all gold and silver deferred contracts to 120%, while CMB will hike its margin requirement from 100% to 140%. Both banks’ new rules will take effect after the closing settlement on June 22. Separately, Bank of China will adjust its individual gold deferred contract margin ratio from 99.9% to 120% and its individual silver deferred contract margin from 99.96% to 119.91%, with changes set to go into effect following the closing settlement on June 24, 2026 (Wednesday). Wu Zewei, a special researcher at Suixin Bank, noted that a margin ratio exceeding 100% effectively resets leverage for individual precious metal deferred transactions to zero—a shift

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US Stock Pre-market: Light Communication Sector Up Across the Board, Corning Up by 2.43%

On June 22, Bitget market data indicated that the optical communications sector posted broad gains during US pre-market trading. The performances of major related tickers were as follows: MRVL rose 0.29%, POET gained 1.48%, LITE added 0.44%, Nokia was up 1.02%, Corning climbed 2.43%, and LITE advanced 0.47%.

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Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has partnered with OKX to establish a cryptocurrency joint venture named OKXICE.

June 22 — Market sources confirm that Intercontinental Exchange (ICE), parent of the New York Stock Exchange, has unveiled a cryptocurrency joint venture with leading crypto exchange OKX, named OKXICE. The collaboration marks a deep integration between a traditional finance infrastructure giant and a top crypto trading platform, a development the market interprets as a significant sign institutional capital is increasingly embracing crypto assets. To date, neither ICE nor OKX has shared specific business scopes or operational details for the new venture. ICE previously operated Bakkt, its dedicated cryptocurrency futures platform, and this partnership with OKX is poised to strengthen its strategic position in the digital asset sector.

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The Japanese Yen Nears 38-Year Low, Japanese Authorities Shift to "Silent Intervention" Strategy, Market Wary of Lightning Intervention

June 22. The Japanese yen’s exchange rate against the U.S. dollar touched near 161.7 on Monday—just a notch below the 1986 record low of 161.96. With the yen continuing to depreciate, Japanese authorities have remained surprisingly quiet, leading market players to widely view this as a precursor to a "sneak attack" on short yen positions. Finance Minister Okatsuke Katayama casually remarked Monday that officials would "respond to exchange rate fluctuations in a timely manner," using notably milder language. Junzaburo Mimura, the finance minister seen as a key signal for intervention, has been notably silent since early May—this official issued a "final warning" ahead of the late-April intervention. Insiders reveal that overly transparent warnings in the past let speculators exit early, so authorities are now intentionally shifting to a sneak-attack mode to maximize intervention impact. Mitsubishi UFJ Morgan Stanley Securities’ chief forex strategist pointed out that sudden interv

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Top Glove Executive Arrested in Japan for Falsifying Address Report

TOKYO, June 22 (Kyodo) — Tokyo Metropolitan Police have arrested three men, including an alleged senior figure of the Cambodia-based multinational telecom fraud organization Prince Group, on charges of falsifying electronic notarization records and submitting false residence reports. The key suspect, identified by law enforcement as Hu Shi (phonetic translation), is a 44-year-old Chinese-born individual who holds Cypriot citizenship and multiple nationalities, using aliases including “Chen Xiaoer.” He was arrested on June 14. Earlier, the British government imposed sanctions on Hu Xiaowei, a long-term collaborator of Prince Group founder Chen Zhi, on March 26. The pair’s relationship dates back to the era of private servers for the game *The Legend of Mir*, and they later co-founded multiple companies in China and other countries. Both the United States and the United Kingdom have designated Prince Group as the largest criminal organization in Asia and have imposed economic sanctions

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BlackRock deposits 1,241 Bitcoins and 7,547 Ethereums into Coinbase

June 22, per OnchainLens monitoring: An address tied to BlackRock deposited 1,241 Bitcoin (worth roughly $80.07 million) and 7,547 Ether (approximately $13.29 million) into Coinbase, with further deposits expected to follow.

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