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
Late-night scene from Trump about the risk of a U.S. government shutdown
During the late days of January, the late-night scene from President Trump emerged: the United States may soon face a financial crisis as the government approaches a shutdown. This event is not only a political issue but also has profound implications for global markets and investors from individuals to institutions.
According to the current schedule, January 30th is the deadline to extend federal funding. If Congress does not reach an agreement before January 31st, the U.S. government will begin a partial shutdown. Currently, the House has passed a bill, but the Senate remains deadlocked. The issue lies in the Republican Party not holding enough 60 votes needed to pass the bill, while immigration policies continue to be a major obstacle in negotiations.
Current Financial Situation: Challenges Ahead
The economic impact of a government shutdown should not be underestimated. Economists estimate that each week of a shutdown could cause a loss of about 0.2% of the U.S. GDP. In a context where economic recovery is already fragile and weak, such a shock could lead to more serious recession risks. This deeply worries the markets, as any objective signs could trigger strong volatility across assets.
Negotiations are still ongoing between the parties, but risks are rapidly increasing. News headlines are expected to continue significantly influencing investor sentiment in the coming days.
Market Impact: From Major Indices to Safe Havens
History offers us valuable lessons. Looking at previous government shutdowns, we see that gold and silver surged to record highs. Risk assets like stocks and cryptocurrencies experienced sharp fluctuations due to widespread uncertainty. Meanwhile, traditional safe havens outperformed as market volatility increased.
Currently, this has not been confirmed, but signs indicate that historical patterns may repeat. If the situation worsens, safe havens like gold could become focal points of investor attention, while high-risk assets such as cryptocurrencies (XRP, SOL, PEPE) will face significant pressure from strong volatility before the situation clarifies.
Investors need to prepare mentally for this scenario. Forecasts suggest that until parties reach a last-minute agreement or find a temporary funding solution, the market will continue to trade under the influence of fear, rumors, and news headlines. This is a time when late-night statements from powerful figures can create unexpected impacts.
Although there may still be opportunities to avoid this crisis, the countdown has begun. Investors should stay highly alert and closely monitor information from Washington, as any turning point in negotiations could completely change the market landscape.