Futures
Access hundreds of perpetual contracts
CFD
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 40+ AI models, with 0% extra fees
BREAKING: Jerome Powell Steps Down as Fed Chair
After 8 years, Jerome Powell has officially ended his term as Federal Reserve Chair. Kevin Warsh, confirmed by the Senate 54-45, takes over today.
What Powell Will Be Remembered For:
✅ Best move: The 2020 emergency rate cuts to near zero. It helped end the shortest US recession in history.
❌ Worst move: Calling inflation "transitory" in 2021. The slow response forced aggressive hikes and prices stayed high for years.
His legacy: Defending Fed independence against intense political pressure, including a criminal probe that was later dropped.
Why it matters for crypto:
Powell stays on as a Fed governor and still holds an FOMC vote until 2028. Warsh is seen as leaning dovish and open to rate cuts, but he is just 1 of 12 votes. He cannot cut rates alone.
A more dovish Fed tone is risk-on for $BTC liquidity, but do not expect instant cuts. Watch the data, not the headlines.