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U.S. President Trump has approved the demolition of the White House East Wing to build a large banquet hall funded by private donors, including Trump himself and several companies from the technology, defense, and crypto industries. This move has sparked controversy and criticism for allegedly using power to raise funds. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
The Federal Reserve has cut interest rates by another 25 basis points and announced the end of quantitative tightening in December. During the press conference, Powell emphasized the necessity of "slowing the pace of rate cuts," prompting the market to quickly adjust its expectations and causing risk assets to decline across the board.
This amount is nearly twice the maximum SPAC Fairshake invested in 2024, and slightly exceeds the total spending of the entire oil and gas industry in the previous election cycle.
- 01:06A total of 200,000 ETH have been withdrawn from CEXs in the past 48 hours.According to Jinse Finance, analyst @ali_charts reported that approximately 200,000 Ethereum, worth $780 million, have been withdrawn from CEXs in the past 48 hours.
- 01:03Powell: If there is no new information, there will be reason to slow down the pace of rate cuts.BlockBeats News, October 30, Federal Reserve Chairman Powell: If no new information is obtained and economic conditions appear unchanged, there will be reason to slow the pace of rate cuts. We hope to have more comprehensive data by December. The lack of data during the government shutdown may indicate that the pace of policy adjustments should be slowed. It is uncertain how long the debate over slowing rate cuts in December will last.
- 01:02The "100% win rate whale" restarts Ethereum long positions on dips, with total holdings exceeding $273 million.BlockBeats News, October 30, according to HyperInsight monitoring, the "100% win rate whale" (0xc2a), who has achieved 14 consecutive wins since October 14, restarted Ethereum long positions three hours ago. Its limit orders in the $3,800-$3,880 range are also being gradually filled. As of press time, this address holds a total of $273 million worth of BTC, SOL, and ETH long positions, with a current unrealized loss of $3.2 million.