Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
Recently, the Federal Reserve has been causing quite a stir. Powell is under investigation by the Department of Justice over the headquarters renovation, which originally was an administrative issue but has now escalated into a political storm. The situation has grown even larger, with multiple central bank governors worldwide, coordinated by the Bank for International Settlements, drafting a joint statement to "take sides" in support of Powell and the Fed's independence, explicitly opposing political interference. What does this indicate? The international financial community all feels that this matter has been politicized.
The reaction in the financial markets has been extremely intense:
The US dollar and US stocks are not doing well— the dollar index has been declining steadily, and US stock futures are also trending downward. Gold prices are particularly strong, with spot prices soaring to a historic high of $4,601.38 per ounce. Major investment banks have also changed their tone; JPMorgan said interest rate cuts might not happen until 2026, while Barclays and other institutions have pushed back their expectations for rate cuts.
The contradictions are clear: Powell claims this is an excuse to subtly weaken the Fed’s independence; although the Trump administration denies this publicly, the general consensus is that there are forces trying to pressure the Fed into cutting rates; internally, the Fed remains firm, with New York Fed President Williams and others insisting there are no short-term reasons to cut rates, and their policy stance remains unchanged.
What about the crypto asset market? In the short term, this wave of risk aversion may attract funds into gold, possibly diverting some from the crypto market. But in the longer term, the damage to the Fed’s credibility and the questioning of the US dollar’s status could actually strengthen Bitcoin’s appeal as a decentralized store of value—after all, it’s unaffected by politics. Market volatility is expected to rise significantly, presenting both challenges and opportunities for traders.