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Powell to Deliver Semiannual Monetary Policy Testimony Tonight at 11 PM

BlockBeats News, February 12, Federal Reserve Chair Powell will deliver the semiannual monetary policy testimony tonight at 11:00 PM.

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The Most Contentious Hearing in History? Powell to Face Four Major "Interrogations" Tonight

Powell's surprise "hawk" speech sent expectations for a 50 basis point hike in March above 50 percent

Mr Powell said the Fed was likely to continue tightening monetary policy because of persistent inflation

On-Chain Activity

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A certain whale has opened a heavy long position in NVDA and SNDK, with a combined value of approximately $36.9 million.

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90% of ZEC long whales are in losses, with multiple whales suffering successive liquidations.

6h ago

Trader AguilaTrades' BTC trading win rate in one week was only 33%, with a loss of $547,000.

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Machi sold off 31 BAYC at a loss in the past week, and the funds obtained have been lost entirely through contract trading.

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Ansem shilled the meme coin "mihao," which saw a short-term surge of 50% to break past a $17 million market cap.

Anthropic says the AI market is winner-takes-all, developing Opus 5.5 costs over $10 billion

Morgan Stanley removes Nvidia from its top pick list.

U.S. stock index futures rose in pre-market trading, with Nasdaq futures extending gains to 2%, as semiconductor, memory, optical communications, and crypto-related stocks strengthened across the board.

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