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4E: Trump criticizes Powell again, US stocks plunge, Bitcoin rises against the trend

ChainCatcher news reports that, according to 4E monitoring, Trump has once again launched a fierce attack on Federal Reserve Chairman Powell and issued threats to the independence of the Federal Reserve, raising concerns in the market about the decline of the dollar's credibility and a potential downturn in the U.S. economy. On Monday, U.S. stocks faced a "Black Monday," with all three major indices suffering significant losses: the Dow Jones fell 2.48%, the Nasdaq dropped 2.55%, and the S&P 500 declined 2.36%. Tech stocks were hit hard, with Tesla down over 5%, Nvidia down over 4%, and the total market value of the "Big Seven" in U.S. stocks evaporating by $404.6 billion.The cryptocurrency market decoupled from U.S. stocks and rose against the trend. Bitcoin has been rising since yesterday morning, and in the evening, Strategy announced the purchase of 6,556 bitcoins for $556 million (average price $84,785), boosting market sentiment, maintaining stability at $87,000 despite the sharp decline in U.S. stocks. This morning, Bitcoin surged again, reaching a high of $88,877, marking a new high in a month, with a 24-hour increase of 1.42%. Bitcoin is draining the crypto market, with altcoins generally under pressure; Ethereum fell below $1,600, down 3.%; SOL reported at $138.75, with a nearly 24-hour decline of 1.72%.In the foreign exchange bulk market, the dollar index plummeted 0.94% to around 98, hitting a new low in the last 16 months; oil prices fell, with U.S. oil down 2.06%; spot gold rose 2.90%, reaching a new high.Trump's continued attacks on the Federal Reserve have left investors worried. While low interest rates may benefit the stock market in the short term, damage to the independence of the Federal Reserve could weaken its long-term ability to control inflation, threatening the dollar's status as the world's safest asset and undermining the foundation of the U.S. economy. The market is highly vigilant, with risk-averse sentiment surging.

Nillion CMO published more airdrop criteria to address community questions and reward contributors who have made a real impact on the project

ChainCatcher news, Nillion CMO Charlie Rogers published an article on his X account introducing more details about the Nillion airdrop standards, aimed at answering community questions and rewarding contributors who have a real impact on the project.In the article, Charlie Rogers stated: When designing the airdrop matrix, the Nillion team identified three main categories: community value, developer and open-source contributions, and participation in the validator program. These categories are intended to reward contributions that have a real impact on the project, whether through outreach or technical contributions.Additionally, regarding the highly discussed Sybil attackers in the validator program within the community, Charlie Rogers mentioned: Even if these accounts currently appear to be eligible, they will not be included in the airdrop to ensure that rewards go to our long-term supporters and true community members.Meanwhile, two types of participants will not be included in the airdrop, specifically:Participants with extremely low engagement as Secret submitters: only submitted 4 Secrets; did not stake any ETH; did not obtain a Discord role; do not own a Nill Pill NFT.Participants with extremely low engagement as late validators: participated in validation after September 14, 2024; did not stake any ETH; did not obtain a Discord role; do not own a Nill Pill NFT.Finally, Charlie Rogers stated: Nillion aims to set a new standard for the operation of the crypto community and hopes that by publicly sharing more details about the airdrop, it will help everyone understand our rigorous decision-making process more transparently.
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