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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Japan’s Lawson Convenience Stores Launches JPYC Stablecoin Payment Pilot

Japanese convenience store chain Lawson will launch a pilot program for JPYC (yen-pegged stablecoin) payments at its Tokyo Gateway City outlet in early August. The trial, run in partnership with digital asset wallet provider Hashport, marks Japan’s first experiment linking stablecoin payments to point-of-sale (POS) systems. By integrating with POS systems, purchase data including item quantities and payment timings can be synced to existing in-store management systems for administration. Lawson plans to verify the stability of the POS integration and actual payment processing time through this pilot, before deciding whether to roll out the system chain-wide.

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Bank of Thailand requires individuals to provide proof of source for cash deposits exceeding 5 million Thai baht, and has stepped up monitoring of stablecoin transactions.

According to local Thai media reports, Thailand will require individuals to verify the source of funds when depositing cash exceeding 5 million Thai baht (approximately $150,000). This measure expands the compliance obligations of commercial banks in cash networks, bulk currency exchange, precious metals trading, and suspicious stablecoin transactions, directly preventing regulated entities from facilitating systemic corruption or the shadow economy. Additionally, the Bank of Thailand and the Securities and Exchange Commission (SEC) are conducting joint audits, focusing on Tether (USDT), to identify and block illicit fund flows. This crackdown also includes tightened oversight of precious metals trading, requiring banks to report suspicious patterns such as rapid digital purchases and same-day physical withdrawals to combat money laundering.

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Escalating tensions in the Middle East have pushed oil prices higher, while growing expectations of a Federal Reserve interest rate hike have led markets to focus on Tuesday's U.S. CPI data.

After the U.S. launched a new round of military operations against Iran, international oil prices rose, U.S. Treasury yields climbed, and uncertainty over the Strait of Hormuz further intensified market volatility. Driven by rising oil prices lifting inflation expectations, markets have increased bets on further interest rate hikes by the Federal Reserve, while gold and U.S. stock index futures declined. Going forward, markets will closely watch the U.S. June CPI data scheduled for release at 20:30 Beijing time on Tuesday (July 14), along with congressional testimony from Federal Reserve Chair Kevin Warsh and the kickoff of the U.S. earnings season. The CPI data will be one of the most significant macro events this week, and may further shape market expectations for the Federal Reserve’s subsequent monetary policy path.

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Data: Average single funding amount in prediction markets will reach $118 million in 2026

According to CryptoRank data, the crypto industry’s highest average single venture capital (VC) investment round size in 2026 belongs to the prediction markets track, with an average of $118 million per funding round. This is followed by trading platforms, averaging $76.2 million per round; blockchain projects, at $47.8 million per round; and the compliance track, with an average of $29.4 million per round.

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South Korea's KOSPI index opened 1% lower before quickly turning positive, while SK Hynix fell 3.5%.

According to Bitget market data, South Korea’s KOSPI index dipped below the 7,400-point level at the opening on Monday, July 13, with SK Hynix down 3.5%. The index then quickly rallied to turn positive.

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Over the past seven days, Noxa generated approximately $7.66 million in trading fees on Robinhood, with its team burning 40% of the NOXA token supply.

According to Onchain Lens monitoring, Noxa has generated approximately $7.66 million in cumulative fees on Robinhood over the past seven days. Notably, the Noxa team issued the NOXA token on DeBank’s DBK Chain in 2025, but the token has remained inactive since then. About 14 hours ago, the team burned 40% of NOXA’s total supply.

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