Search results for "TRUMP"
00:33

Thumzup Media Corporation launches a rights offering to raise funds to invest in Crypto Assets and Mining equipment.

Golden Finance reports that Thumzup Media Corporation, a social media company in which Donald Trump Jr. has invested and holds a reserve of Crypto Assets, has officially launched a rights offering. It will issue Series D non-voting convertible preferred stock at a par value of $0.001 per share. The proceeds will be used for investments in Crypto Assets and Mining equipment, working capital, and general corporate purposes. Dominari Securities LLC is acting as the exclusive placement agent for this issuance.
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00:14

Analysis: The rise of stablecoins is hindered by ongoing exchange costs.

According to Jinse Finance, although stablecoins have reached an anticipated peak period, seasoned professionals in the broader fintech circle believe that as an emerging payment tool, stablecoins have limitations. According to data from Visa and Allium, by 2025, the trading volume of stablecoins is expected to reach $5 trillion through 1 billion payments, not far from the total of $5.7 trillion in 2024. Since U.S. President Donald Trump won the election in November 2024, the total value of these cryptocurrencies, which are designed to closely track the prices of existing currencies such as the dollar, has increased by 47%, reaching $255 billion.
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22:43

Trump: Will meet with Putin in Alaska on the 15th.

According to Jinsuo Finance, U.S. President Trump stated on his social media platform "Truth Social" on August 8 local time that he will meet with Russian President Putin on August 15 in Alaska, with more details to be announced later. There has been no response from the Russian side regarding this.
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20:28

Trump said Armenia and Azerbaijan promised to "forever" stop fighting.

Jin10 data reported on August 9th that U.S. President Trump stated that he would lift the restrictions on defense cooperation between Azerbaijan and the United States. Trump mentioned that Armenia and Azerbaijan have committed to "permanently" stop fighting. On the 8th, a spokesperson for the White House stated that Trump would sign agreements with Armenia and Azerbaijan regarding energy, technology, economic cooperation, border security, infrastructure, and trade.
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17:17

White House officials: The meeting between the US and Russian heads of state is tentatively scheduled for next weekend.

Jin10 data reported on August 9th, a senior official from the White House stated that U.S. President Trump is tentatively scheduled to meet with Russian President Putin next weekend. The official mentioned that the specific location of the meeting is still under discussion, with the UAE, Hungary, Switzerland, and Rome all being considered. More details and arrangements remain unclear and are subject to change. It is currently unknown whether Ukrainian President Zelensky will participate. The White House official stated that Russia has provided a list of potential ceasefire demands, and the U.S. is currently working to gain support from Ukraine and its European allies.
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13:19

Trump Executive Order Opens Pension Fund Access to Digital Assets

Gate News bot message, Former President Donald Trump has signed an executive order that enables 401(k) retirement plan investors to access alternative investments, including digital assets. The executive order addresses the $27.7 trillion pension fund market across both public and private sectors in
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12:51

Swiss SME Association: US tariffs pose a threat to the Swiss technology industry

Jin10 reported on August 8 that the Swiss Small and Medium Enterprises Association stated that the tariffs imposed by the U.S. on Swiss goods pose a threat to the technology industry. The Trump administration levies a 39% tariff on Swiss goods imported into the U.S. "If this dreadful tariff burden continues to exist, it will mean that the Swiss technology industry’s export business to the U.S. is practically dead," the association added, noting that competitors from the EU and Japan face lower tariff rates. Switzerland can never accept this situation and should continue negotiations.
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09:56

Analyst: Swiss watch manufacturers may raise prices further.

Bernstein analysts pointed out that Swiss watch manufacturers may raise prices to cope with the 39% import tariff in the United States, which is expected to lead to more price rises, although demand for luxury watches in the U.S. remains strong. Swatch Group is the most affected, while Richemont Group is less impacted.
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05:58

Peter Schiff: Trump allowing the use of pension funds to invest in Crypto Assets will exacerbate the issue of insufficient retirement savings in the United States.

BlockBeats news, on August 8, economist and cryptocurrency critic Peter Schiff tweeted, "Most Americans' savings are far from sufficient to support retirement. Trump allowing Americans to use the little retirement savings they have in their 401(k) accounts to invest in Bitcoin and other crypto assets will only make this problem worse."
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00:55

Gate Daily: Trump allows BTC to enter the $12.5 trillion 401K market; SEC ends XRP legal dispute

Bitcoin (BTC) experienced a Rebound before the weekend, currently reporting around 117,580 USD during the Asian session today (8). President Trump has opened up a $12.5 trillion 401K market, allowing Crypto Assets and private sale to enter, unlocking private markets for 90 million savers. Trump signed an executive order aimed at preventing federal regulators from targeting Financial Institutions that have business dealings with the crypto industry. The SEC has ended its legal dispute with Ripple, with both parties abandoning their appeals, and the rulings related to Ripple (XRP) remain unchanged.
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20:15

Milan once criticized that officials with political backgrounds find it difficult to remain neutral at the Fed.

Jin10 reported on August 8 that market analyst Matt Grossman stated that Trump nominated Stephen Milan as a candidate to fill the vacancy on The Federal Reserve Board of Governors until the end of January next year. Milan publicly criticized last year that officials with political backgrounds find it difficult to remain neutral on the Board, specifically naming Chicago Fed President Goolsbee (Goolsbee is a former Obama administration official), questioning whether he can truly set aside politics, and claiming that his credibility as a Board member is doubtful. Milan's evaluation of Goolsbee now sounds more like a "self-indictment" of his own possible partisan bias. He wrote at the time: "Pretending to easily switch between highly politicized and so-called non-political roles without allowing political bias to influence policy-making is at best naive, and at worst, insidious."
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10:49

EU: The 15% tariff cap will still apply to chip exports to the US.

Jin10 reported on August 7 that the European Union stated that even if President Trump announces new tariffs on semiconductors entering the United States, the tariff cap for chip exports from the EU to the U.S. will remain at 15%. EU spokesperson Olof Gill said on Thursday that Washington has committed to applying the 15% tariff cap to semiconductor exports from the EU, regardless of what tariffs the U.S. imposes on other exporters. He said, "We expect the U.S. to fulfill this commitment."
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10:43

LD Capital founder Yi Lihua: The best strategy in a bull market is to hold coins and wait for a rise and pullback to increase the position.

According to BlockBeats news, on August 7th, Yi Lihua, founder of LD Capital, posted on social media, stating that Trump is more eager than investors to see interest rate cuts and a rise in the crypto market (as a large portion of his family's assets is in the crypto market). Under the clear bull run strategy, the best action is to hold and wait for a pullback to increase the position.
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09:34

Da Ming Securities: The market is skeptical about the US tariff threat and is following economic data.

On August 7, Jin10 reported that a strategist at TD Securities stated in a report that due to doubts about some tariff threats from the United States, the market is no longer focused on tariff announcements. The U.S. has announced a 50% tariff on India, a 39% tariff on Switzerland, a 35% tariff on certain imports from Canada, and tariffs on other trading partners. The market's focus is on the impact of tariffs on economic data and the Fed's expected interest rate cuts. Overall, the market is orderly, partly because they are skeptical about some of Trump's more extreme threats.
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03:41

Due to a leak of information, the discussion meeting on the Epstein case held at the residence of the Vice President of the United States has been canceled.

Jin10 reported on August 7 that sources revealed that a dinner for senior government officials held at the residence of Vice President Pence was canceled after the news leak. The topics discussed at the dinner included the Trump administration's response to the Epstein case. Pence's spokesperson stated that they had never planned the dinner exposed by CNN. Pence's spokesperson, William Martin, said, "There has never been a meeting arranged at the vice president's residence to discuss strategies for responding to the Epstein case." For weeks, the Trump administration has been working to mitigate the political impact of the Epstein case. Trump had promised that if he were elected president again, he would release documents related to the Epstein case. However, in July of this year, the Department of Justice stated that there was no client list for Epstein, which angered Trump's supporters who demanded more details.
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01:01

Gate Daily: Trump raises tariffs on India to 50%; Tornado Cash co-founder found guilty; Bitcoin and Ethereum August put options indicate big dump

Bitcoin (BTC) prices have slightly rebounded, currently reporting around $114,850 during the Asian session today (7th). U.S. President Trump has raised tariffs on Indian goods to 50%, and as trade tensions escalate, it has further suppressed the demand for Crypto Assets. A Manhattan jury has found Tornado Cash co-founder and developer Roman Storm guilty of conspiring to operate an unlicensed currency business. Cryptocurrency traders are preparing for potential price drops in Bitcoin and Ethereum this August, as DeriveXYZ's options data shows a clear bearish sentiment in the market.
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22:15

Trump said he would impose more secondary sanctions on Russia.

Jin10 reported on August 7th that on August 6th local time, U.S. President Trump stated that he would impose more secondary sanctions on Russia. Trump said on July 29th that he set a 10-day deadline for Russia to reach a peace protocol with Ukraine, starting from that day. If there is no progress from the Russian side, they will face new sanctions from the U.S. The current deadline set by Trump for Russia to complete the Russia-Ukraine negotiations is August 8th.
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19:31

U.S. media: Trump considers intervening in the fierce New York City mayoral race

According to Jin10 data on August 7, the New York Times reported that eight people familiar with the discussions revealed that President Trump has moved out of New York City, but he has privately discussed whether to intervene in the fierce New York City mayoral race to prevent Democratic candidate Zohran Mamdani from winning. The possibility of Trump somehow engaging in New York politics could inject new unpredictability into the race. It is still far from certain how or if Trump will ultimately make his presence felt. In recent weeks, some Republicans closely connected to the government have indicated that the president may just be sitting on the sidelines.
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17:06

Trump: Special envoy Witkoff had a productive meeting with Putin.

Jin10 Data, August 7 - U.S. President Trump: My envoy Witkoff just had a productive meeting with Russian President Putin. Great progress has been made! After that, I conveyed this message to our European allies. Everyone agrees that this war must end, and we will work towards that in the coming days and weeks.
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17:01

The President of the Swiss Confederation is about to leave the United States, expected to make no progress on the trade protocol.

Jin10 reported on August 7 that, according to informed sources, the President of Switzerland is about to leave Washington but has made no progress in dropping Trump's 39% tariff on Switzerland. The source stated that the Swiss delegation, led by President Karin Keller-Sutter, has presented a new proposal to U.S. officials, but it is not expected to secure a better protocol for Switzerland before leaving the U.S. The informant said that earlier that day, Keller-Sutter met with U.S. Secretary of State Rubio and discussed the Swiss proposal with him. She noted that both sides exchanged views on bilateral cooperation, tariffs, and international affairs, but did not disclose details. It is worth noting that Rubio is not responsible for bilateral protocol matters. It is still unclear whether she will attempt to meet with Trump before leaving. Given that Keller-Sutter is visiting the U.S. without an invitation from the White House, such a meeting was already difficult to achieve.
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15:33

Trump posted that he is proud to donate his presidential salary, with the first payment used for repairs to the White House.

Golden Finance reports that U.S. President Trump recently posted on social media: "I am proud to be the only president (perhaps except for the late great President Washington) to donate my own salary. My first 'paycheck' was donated to the White House Historical Association for much-needed repairs to this beautiful 'People's House.' The White House is undergoing unprecedented major repairs and beautification since its construction."
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15:28

Potential compromise solutions for the Sino-U.S. trade negotiations include a phased reduction of imported Russian oil.

On August 6, Jin10 data reported that, according to foreign media, Trump made the decision to impose tariffs on India after five rounds of fruitless trade negotiations. The U.S. demanded greater access to the Indian agriculture and dairy markets, leading to a deadlock in negotiations. Indian officials privately acknowledged that the pressure to return to the negotiating table is increasing. A potential compromise could include a phased reduction of oil imports from Russia and diversification of energy sources. A senior Indian official stated that as the two countries continue to discuss trade issues, the Indian government is caught off guard by the sudden imposition of new taxes and high tax rates.
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14:46

India is hit with an additional 25% tariff from the United States, raising the tax rate to 50%.

Jin10 reported on August 6 that a day before the U.S. equivalent tariffs take effect on the 7th, India has been hit with an additional 25% tariff by U.S. President Trump, citing the same reason of India's purchase of Russian oil. On July 31, Trump announced that a 25% tariff would be imposed on Indian products exported to the U.S., leaving hints that additional penalties would be applied due to India's procurement of Russian oil. On the 6th, Trump signed an executive order announcing an additional 25% tariff on India.
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14:38

Market news: Trump advisors are pushing for the appointment of an interim Federal Reserve Board of Governors member to fill the position.

BlockBeats news, on August 6, market news: Trump's advisors are pushing for the appointment of an interim member of the Federal Reserve Board of Governors to fill the vacancy. The candidates for the Federal Reserve Board of Governors may have government work experience and must go through prior Senate review. A short-term appointment of a Federal Reserve Board member will give Trump more time in selecting the Federal Reserve Chairman. (Jin10)
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