Analysis: Powell is not the biggest obstacle to rate cuts, the Fed's internal consensus mechanism is on the brink of collapse
On November 22nd, "Fed Whispers" author Nick Timiraos wrote that President Trump stated this week that he anticipates a substantial rate cut after appointing a new Fed Chair next May. Nevertheless, within the Fed, the internal opposition to a rate cut in December is on the rise, suggesting that his desire may be difficult to fulfill.
Whether Powell decides to maintain the status quo or cut rates in December, he is encountering the most serious internal resistance during his nearly eight-year tenure. This division is likely to persist into next year, meaning that even with a new Chair, it is not guaranteed that there will be more rate cuts. Some are worried that if Trump fails to get his way, he may take more extreme measures to weaken the Fed's independence in exchange for rate cuts.
For more than 30 years, Fed Chairs have been striving to reach the broadest possible consensus on rate decisions, and no decisions have been made by a narrow majority. However, the December meeting is hi
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Eugene: Having Learned from Early Bottom Fishing, Currently in a Wait-and-See Mode
On November 22nd, Trader Eugene Ng Ah Sio posted on his personal channel and said, "I reached into the 'cookie jar' too hastily and got caught right away. The current market is truly at a very difficult level. I can only tend to my wounds for now and continue to observe from the sidelines."
Earlier on November 18th, Trader Eugene Ng Ah Sio mentioned, "I have increased my long positions in ETH and SOL. The oscillation indicator has clearly entered the oversold zone, and I believe it is the appropriate time to start increasing exposure to risk in this market."
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Cardano Chain Fork Due to Stake Pool Operator Error Does Not Result in User Fund Loss
On November 22nd, as reported by Decrypt, the Cardano blockchain split into two chains on Friday. This was caused by a format error in a delegation transaction, which triggered a software bug. The transaction was validated on the new version nodes but rejected by the old version software, resulting in a network fork.
The Cardano ecosystem governance organization Intersect stated in an incident report that this "toxic" transaction exploited a vulnerability in the underlying software library, splitting the network into a "poisoned" chain containing the transaction and a "healthy" chain without it. Charles Hoskinson, the co-founder, initially claimed that this was a "premeditated attack." However, later, a user named Homer J. publicly admitted responsibility, stating that their actions were negligent while trying to reproduce the "bad transaction" and relying on AI-generated instructions.
The user stated that there was no malicious intent and no economic benefit was gained. Intersect co
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「CZ Whale's Countertrade」 Whale has become the top loser on the Hyperliquid 24H/7D Loss Leaderboard, with a position loss of over $36 million.
On November 22nd, according to the monitoring of AI Auntie, the former public opponent address of CZ, 0x9ee...1daAb, has achieved the top position in the Hyperliquid 24H/7D Loss Leaderboard. Currently, their long position, with a total value of 2.2 billion US dollars in ETH and XRP, is undergoing a total unrealized loss of 36.07 million US dollars. Specifically, the ETH position, valued at 1.44 billion US dollars, is suffering an unrealized loss as high as 22.71 million US dollars. The account's peak profit of 61.88 million US dollars has now shrunk to only 6.42 million US dollars.
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VP of Strategy Sells Over 58,000 Shares, Cashing Out $13 Million
On November 22nd, according to @BTCtreasuries, the Chief Financial Officer Shao Wei-Ming of Strategy disclosed that he had sold 58,004 shares of MSTR within the past 10 days at an average price of $222 per share, realizing a cash-out of $13 million.
Previously, on October 9th, the Chief Financial Officer Shao Wei-Ming of Strategy sold 30,000 shares of MSTR at a price of $357.37 per share, amounting to approximately $10.7 million.
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A certain prediction market whale, after making nearly $4 million in profit, lost everything the following week. They have since deleted their social media account.
On November 22nd, as per the monitoring of PredictFolio, Mayuravarma, a whale in Polymarket's sports prediction sector, recently made a profit of over $3.8 million by predicting NFL, NHL, NBA, and college football games. However, within just one week, multiple predictions all ended in losses, resulting in the loss of both the principal and profits. Since then, the whale has deactivated their X account.
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