Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice 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
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
#CryptoMarketsDipSlightly
Kevin Warsh Approved by Senate Committee as New Fed Chair, Awaiting Final Vote
The U.S. Senate Banking Committee officially approved Kevin Warsh's nomination as the next Federal Reserve Chair (Fed) on Wednesday (April 29) local time. This decision brings Warsh one step closer to replacing Jerome Powell, whose term ends on May 15. The nomination is now forwarded to the full Senate for a final vote to determine the new leadership of the U.S. central bank.
โThe committee-level approval was temporarily delayed due to objections from Republican Senator Thom Tillis, but the obstacle was overcome last week. However, Warsh's nomination still faces sharp criticism from the Democratic side. Senator Elizabeth Warren openly stated that the progress of Warsh's confirmation is an effort by President Donald Trump to take control over the Federal Reserve's independence.
โThe market is currently monitoring the final Senate vote results. If confirmed, this leadership transition will immediately impact U.S. monetary policy direction, as well as influence dollar liquidity and risk asset sentiment, including cryptocurrencies. Industry participants hope that the final vote will provide clarity before the official transition of power in mid-May.