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Share link:In this post: Trump wants Powell to resign and may replace him before his term ends. Deutsche Bank warns Powell’s removal could crash the dollar and Treasuries fast. Markets are ignoring the threat and continuing to rally despite red flags.
Share link:In this post: Ethereum ETFs saw record weekly inflows of $907.99 M, their best week since launching in July 2024. The largest daily inflow was on July 10, with $383.10 M, supported by two other strong days on July 9 and 11. ETH price surged over 17%, hitting $3,000 on July 11, driven by ETF demand and improved investor confidence.
Share link:In this post: Trump set a hard August 1 deadline with 30% tariffs on Mexico and the EU, demanding stronger action and trade concessions. Brazil, Canada, Japan, and South Korea now face steep new tariffs as Trump expands targets beyond trade disputes. The White House is floating a 50% copper tariff, a potential 200% pharma tax, and broader blanket tariffs of up to 20%.
ARK surged 75% in one candle and is now eyeing a +271% rally toward the $2.0278 price target.A Bullish Target of $2.0278 in SightWhat Traders Should Watch Next
- 2025/09/12 23:59FF launches Crypto Flywheel spin-off listing; new company to operate and raise funds independentlyJinse Finance reported that FF announced, according to its overall strategic plan, the company is actively preparing to spin off its Crypto&C10 and crypto-related assets and businesses, and to promote their public listing. The company will officially disclose detailed information at the upcoming 919 press conference. This spin-off and listing plan will create two independent listed entities—FFAI and a new company focused on the Crypto flywheel—both operating independently while forming strategic synergies to empower each other. This spin-off plan will become a new strategic pivot for the company and is expected to bring significant incremental value to FF and its shareholders. (Zhitong Finance)
- 2025/09/12 23:05The U.S. Congressional Budget Office lowers this year's economic growth forecast and raises the unemployment rate projection.Jinse Finance reported that, considering former U.S. President Donald Trump's tax policies, tariffs, and the reduction in net immigration, the Congressional Budget Office (CBO) has raised its forecasts for U.S. inflation and unemployment rates this year, while lowering its expectations for economic growth. The agency's economic forecast released on Friday shows that the U.S. economy will grow by 1.4% in 2025, down from the 1.9% predicted in January. The inflation rate will rise to 3.1%, nearly one percentage point higher than previously forecast, based on the Federal Reserve's preferred inflation indicator. The report also shows that the U.S. unemployment rate is expected to reach a higher peak of 4.5% by the end of this year.
- 2025/09/12 22:43Massachusetts sues prediction market platform Kalshi for alleged illegal sports bettingJinse Finance reported that Andrea Joy Campbell, Attorney General of Massachusetts, has filed a lawsuit against the prediction market platform Kalshi, accusing its sports event contracts of violating state gambling laws and operating in a manner similar to licensed bookmakers. The complaint seeks to prohibit Kalshi from offering sports prediction markets without a license and pursues monetary compensation. Prosecutors pointed out that the platform is designed to attract users by leveraging gambling psychology. Kalshi has previously had disputes with the federal CFTC and received concessions this year; its board member Brian Quintenz was a CFTC chairman nominee by Trump. Kalshi stated that the platform is fair and transparent and will defend innovation in court.