The Federal Reserve mouthpiece mentioned the report of Powells resignation: The first reaction is to ignore it, Powell has made a firm statement

By: odaily.com|2025/07/12 09:41:41

Odaily News Nick Timiraos, the Federal Reserve mouthpiece, said on social media that when people ask me about various online rumors, my first reaction is to ignore it. But for those who are genuinely curious about whether the Fed chairman will break his oft-repeated promise (that is, to complete his term as chairman, which currently has only 10 months left), I will recall how Powell answered the question about jumping on the lifeboat six years ago. The reason I included his answer in my book is that it is the most resolute statement: Under no circumstances will I voluntarily leave this job before the end of my term. Absolutely not. You wont see me jumping on a lifeboat. I simply cant imagine any situation in which I would not be able to complete my term, unless I die. (Jin Shi)

-- Price

Claude Code founder's in-depth sharing at the Sequoia Conference: AI is downgrading "coding" to a basic skill, cross-domain product insights have become the new core barrier, traditional SaaS moats are completely collapsing, and the golden era of startups disrupting large companies has already begun...

Morning Report | MoonPay acquires Solana's execution layer DFlow; Strategy releases Q1 financial report; Manta Network announces the termination of Manta staking program

Overview of Important Market Events on May 6th

Dialogue Velocity Eric: What is the stablecoin track that the CFO really wants?

Former Worldpay strategic executive enters the crypto space: Revealing how Velocity tackles the CFO's most troublesome issues of cross-border settlement and idle funds with "stablecoin payment accounts."

The payment moment of AI agents: Who will become the Stripe of the machine economy?

Cryptographic infrastructure and card organizations are not mutually exclusive; the winner is the unified gateway that connects both tracks simultaneously.

Rented Tracks: What is this wave of stablecoin FX hot money really paying for?

What is truly being repriced in the market is the layer between stablecoin issuers and the real economy - the transaction layer.

Strategy should have said that selling coins is not ruled out

If Saylor sells his coins, will the cryptocurrency market plummet?

How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy

MegaETH created a flywheel with USDm, aiming to attract a large number of users and funds in the short term.

Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees

Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.

a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong

Ben Horowitz, co-founder of a16z, delivered a powerful talk: The two traditional moats of software in the AI era have been erased, and entrepreneurs must seek "new barriers" beyond code and UI.

Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends

After MSTR's financial report showed continued net losses, Saylor changed his stance: Bitcoin is no longer "never to be sold" and can be used as a payment tool.