The ongoing personnel adjustments at the Federal Reserve continue to ferment. Trump may abandon his nomination of Haskett, with Kevin Waugh leading predictions for the next Fed Chair. This change signals a new variable in the direction of U.S. monetary policy. Investors should closely monitor this development for its potential impact on crypto assets.
On-chain contract market volatility is intense. In the past 24 hours, the total liquidation of contracts across the network reached $84.2252 million, with long positions accounting for the largest share, reflecting extreme market sentiment swings and concentrated risk release. Such data often indicate the formation phase of market bottoms or tops.
The issue of withdrawal costs on exchanges is also heating up. Binance responded to recent feedback about excessively high withdrawal fees, with CZ noting that fee adjustments may be related to settlement costs on the banking side. This serves as a reminder for users to thoroughly assess costs before cross-chain transfers or withdrawals.
In terms of on-chain activity, Solana has recently performed remarkably well. Over the past week, the number of active addresses on Solana reached 2,710, continuously attracting developer and user participation, demonstrating the sustained enthusiasm of its network ecosystem.
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GateUser-1a2ed0b9
· 11h ago
It's the Federal Reserve again and liquidation events—this market really keeps everyone on their toes.
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FundingMartyr
· 11h ago
84 million liquidation, another day of longs being slaughtered
This time, the Fed personnel changes are really significant. If Wosh takes office, policies will definitely be different. Keep an eye on it.
SOL's activity level has increased quite well this round, and compared to other public chains, it's indeed stable.
As for withdrawal fees, the costs on the bank side are indeed rising, there's nothing we can do about it.
The ongoing personnel adjustments at the Federal Reserve continue to ferment. Trump may abandon his nomination of Haskett, with Kevin Waugh leading predictions for the next Fed Chair. This change signals a new variable in the direction of U.S. monetary policy. Investors should closely monitor this development for its potential impact on crypto assets.
On-chain contract market volatility is intense. In the past 24 hours, the total liquidation of contracts across the network reached $84.2252 million, with long positions accounting for the largest share, reflecting extreme market sentiment swings and concentrated risk release. Such data often indicate the formation phase of market bottoms or tops.
The issue of withdrawal costs on exchanges is also heating up. Binance responded to recent feedback about excessively high withdrawal fees, with CZ noting that fee adjustments may be related to settlement costs on the banking side. This serves as a reminder for users to thoroughly assess costs before cross-chain transfers or withdrawals.
In terms of on-chain activity, Solana has recently performed remarkably well. Over the past week, the number of active addresses on Solana reached 2,710, continuously attracting developer and user participation, demonstrating the sustained enthusiasm of its network ecosystem.