Trump: No Plan to Fire Powell, Discussion of More Rate Hikes 'Premature'
Jan 15 (U.S. local time Wednesday) — U.S. President Trump said Wednesday that while the Department of Justice (DOJ) is conducting a criminal investigation into Federal Reserve Chair Jerome Powell, he currently has no plans to fire Powell. However, he noted it is “too early” to determine his final course of action.
In an interview with Reuters, when asked if he would attempt to remove Powell from office, Trump stated: “I have no such plan at the moment.” When pressed if the investigation gives him reason to do so, he added: “Right now, we’re in a wait-and-see mode with him. We’ll decide what to do, but I can’t discuss it in depth right now—it’s too early, too premature.”
Powell’s term as Fed chair ends in May, but he will remain on the Federal Reserve Board in Washington until 2028.
Trump hinted he is leaning toward nominating former Fed Governor Kevin Warsh or National Economic Council (NEC) Director Kevin Hassett to replace Powell. He also said U.S. Treasury Secretary Scott B
6 minutes ago
A whale liquidated a long position of 147.75 BTC, resulting in a $190,000 loss
On January 15, monitoring data from HyperInsight (via its Telegram channel at https://t.me/HyperInsight) shows that a whale wallet (address: 0x8c949) had its 147.75 BTC long position liquidated at 10:36, resulting in a $190,000 loss.
The address employs a high-frequency scalping strategy, characterized by extremely short holding periods, and its recent on-chain actions indicate a high risk appetite.
6 minutes ago
Currently, mainstream CEX and DEX funding rate displays indicate that the market is once again attempting the 'Elon Musk Short.'
As of January 15th, data from Coinglass shows the crypto market fully returned to a neutral state yesterday following a recent pullback. However, with Bitcoin reclaiming the key $97,000 level, current funding rates across major centralized (CEXs) and decentralized (DEXs) exchanges indicate the market is attempting a "topping short" move.
Bitcoin’s funding rates on leading platforms have flipped bearish, while altcoins have once again posted negative funding rates. Specific rates for major coins are available in the attached image.
**BlockBeats Note**: Funding rates are fees set by crypto exchanges to align perpetual contract prices with underlying asset prices. They facilitate fund transfers between long and short traders—exchanges do not collect this fee. The mechanism adjusts traders’ holding costs or profits to keep contract prices close to spot prices.
Rate interpretation:
- 0.01% = baseline rate
- >0.01% = generally bullish market
- <0.005% = generally bearish marke
6 minutes ago
"20M Whale Hunter" Trims HYPE and XPL Short Positions, Account Profits $550k
On January 15, per data monitoring from Hyperinsight (via its Telegram channel at https://t.me/HyperInsight), the address labeled “20 Million Band Hunter” (0x880a) reduced its short positions in HYPE and XPL within the past hour, posting an unrealized profit of $550,000 for the account.
This address is linked to a trader with a high-risk trading style, skilled at using high leverage for short-term trades. Across its trading history, the address has accumulated a total profit of $92.75 million.
6 minutes ago
Whale 58bro.eth increased their holdings by 2100 ETH, with a total position unrealized gain of $840,000
Per AI Auntie's monitoring on January 15:
Whale address 58bro.eth withdrew 2,100 ETH from Binance 7 hours ago and subsequently deposited the funds into Aave.
As of the latest update, the average withdrawal price for ETH accumulated since Jan 2 is $3,176.31. A total of 5,594.85 ETH has been accumulated this year, with a current unrealized gain of $840,000.
6 minutes ago
During the market recovery, Chinese meme coins on the BSC chain experienced a pullback, with the market cap of tokens such as "Dark Horse" and "Life KPI" halved.
January 15 — Per GMGN’s monitoring, the broader market rebounded today. Chinese meme coins, however, bucked the upward trend: most posted losses, with several recently popular tokens seeing sharp drops. Details below:
- "I Stepped on the Horse": 24-hour drop of 36%; market cap $12.5M; trading at ~$0.0125
- "Dark Horse": 24-hour drop of 64%; market cap $4.8M; trading at ~$0.0048
- "Life Candlestick": 24-hour drop of 54%; market cap $4.11M; trading at ~$0.0041
- "Laozi": 24-hour gain of 53%; market cap $3.87M; trading at ~$0.0038
BlockBeats Note: Meme coin trading is extremely volatile, heavily tied to market sentiment and hype, and lacks real-world value or utility. Investors should exercise caution.
6 minutes ago
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