Search results for "TRUMP"
19:51

Trump's decision to dismiss Cook is not expected to be made before September 4.

According to Golden Finance, the federal court in Washington, D.C. may not issue a ruling before September 4 local time on the case regarding President Trump’s firing of Federal Reserve Board of Governors member Lisa Cook, after the judge agreed to extend the deadline for the government to submit its arguments. U.S. District Judge Jacob has asked the Justice Department to submit another brief by Thursday regarding the request to block the Fed from enforcing the firing order against Cook. According to judicial procedures, judges typically wait until all documents are submitted before making a ruling. Judge Jacob held a hearing on August 29. Cook's attorney argues that if an agreement cannot be reached with the government to ensure her continued service during the litigation, a temporary ruling to maintain the status quo should be made by the judge as soon as possible. The next Federal Reserve meeting will be held from September 16 to 17.
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TRUMP1.44%
13:25

A U.S. district judge ruled that Trump's deployment of troops in Los Angeles violated federal law.

On September 2, Jin10 News reported that U.S. District Judge Charles Breyer ruled that Trump violated federal law by deploying the National Guard to Los Angeles in response to protests against his immigration crackdown. Judge Breyer issued an order on Tuesday prohibiting the use of military forces deployed in California and any other military forces in the state to "enforce the law." However, he stayed the enforcement of the ruling pending further legal proceedings. Breyer wrote in his ruling: "There were indeed protests in Los Angeles, and some individuals engaged in violent acts. However, there was no insurrection locally, and local law enforcement is fully capable of handling the protests and enforcing the law."
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TRUMP1.44%
09:34

Gate Decentralized Finance Daily ( September 2nd ): WLFI debut draws follow; Hyperliquid August revenue exceeds $100 million record high.

On September 2, the Crypto Assets market saw a slight overall Rebound, but the DeFi zone performed weakly, with major Tokens generally experiencing a pullback, and funding sentiment becoming more cautious. The total DeFi TVL across the network slightly decreased to $15.2263 billion, and the total trading volume of DEX was approximately $15.57 billion, down 17.4% from last week, indicating tightening market Liquidity. In terms of hotspots, WLFI officially launched and received endorsement from the Trump family, while the TVL of the Linea network saw a weekly rise of over 60%, becoming a new highlight in the Layer 2 track; Hyperliquid's revenue hit a monthly high, highlighting the continued growth in demand for derivatives trading. Overall, the DeFi market is still in an adjustment cycle, with structurally driven opportunities in short-term hotspot projects receiving more attention.
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DEFI-3.38%
WLFI8.55%
HYPE1.65%
08:43

The European Central Bank publicly warned Trump: undermining the independence of the Fed could raise rather than drop borrowing costs.

BlockBeats news, on September 2, ECB Executive Board member Schnabel stated that undermining the independence of the Fed could backfire, raising rather than dropping borrowing costs, while also disrupting the entire global financial system. Schnabel said in an interview, "If the Fed loses its independence, it will cause huge damage to the global financial system and will also impact the Central Bank of Europe. I truly hope this does not happen." (Jin10)
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TRUMP1.44%
04:14

California Governor Gavin Newsom will launch a memecoin to mock Trump.

California Governor Gavin Newsom plans to launch the memecoin "Trump Corruption Coin" in response to Trump's "Trump Coin," and it will be used to fund democratic movements and redistricting. He mentioned in a podcast that the project challenges Trump's Crypto Assets and believes that "Trump Corruption Coin" will perform better.
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MEME1.68%
TRUMP1.44%
03:03

The encryption zone mostly fell, BTC rose 1.17%, approaching 110,000 USD.

PANews September 2 news, according to SoSoValue data, the crypto market zones show a mixed rise and fall. Among them, Bitcoin (BTC) rose 1.17% in 24 hours, approaching $110,000, but Ethereum (ETH) fell 1.94%, once dropping to the $4,200 mark, currently recovering to above $4,300. In addition, the RWA zone rose by 0.59% in 24 hours. Within the zone, Sky (SKY) and Maker (MKR) rose by 5.27% and 5.28% respectively; the PayFi zone rose by 0.48%, with Stellar (XLM) and Bitcoin Cash (BCH) rising by 2.18% and 3.64% respectively; the DeFi zone rose by 0.10%, among which, the encryption currency World Liberty supported by the Trump family.
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00:51

Gate Daily (September 2): Trump family WLFI Token appreciates to 5 billion USD; Metaplanet realizes a plan to purchase 20,000 BTC.

Bitcoin (BTC) maintains a range-bound fluctuation, temporarily reported at around $109,020 on September 2. The value of the World Liberty Financial tokens (WLFI) held by President Trump's family skyrocketed to $5 billion after unlocking. Despite the fall in prices of Bitcoin and Ethereum (ETH), Crypto Assets funds still saw an inflow of $2.5 billion. Metaplanet achieved a milestone of 20,000 BTC in its $2.8 billion growth plan approved by shareholders.
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TRUMP1.44%
WLFI8.55%
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05:40

Copper prices have been on the rise for four consecutive weeks, approaching the $10,000 mark.

On September 1, Jin10 reported that LME copper prices are approaching the important threshold of $10,000 per ton. Last month, driven by a weakening dollar and relatively strong demand, copper prices have risen, accumulating an increase of about 3% in August. The last time copper prices broke $10,000 was in July. However, it has proven that despite some predicting a fall in copper prices after U.S. President Trump did not impose import tariffs on this widely traded metal, copper prices have remained relatively resilient. U.S. copper futures prices are still above the global benchmark of London copper prices, and copper materials continue to flow into the U.S.
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TRUMP1.44%
01:45

TRUMP (OFFICIAL TRUMP) rose 1.51% in the last 24 hours.

Gate News Bot news, on September 1, according to CoinMarketCap, as of the time of writing, TRUMP (OFFICIAL TRUMP) is currently priced at $8.54, with a rise of 1.51% in the last 24 hours, peaking at $8.81 and dropping to a low of $8.07. The 24-hour volume has reached $699 million. The current market capitalization is approximately $1.709 billion, an increase of $25.4 million compared to yesterday. OFFICIAL TRUMP is the only cryptocurrency token officially issued by President Donald Trump. It is intended as a means of expressing support for Trump's ideals and beliefs, and not as an investment opportunity or security. The TRUMP token is issued on the Solana blockchain with a total supply of 1 billion tokens, which will be gradually released over 3 years. Holders can join the Trump community to commemorate historic moments. TRUMP recently
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TRUMP1.44%
00:47

Gate Daily (September 1): Trump WLFI token welcomes its first token unlock; Ethereum co-founder states that ETH could potentially pump 100 times in the future.

Bitcoin (BTC) opened this week with a sharp decline, reporting around $107,840 on September 1. The DeFi project World Liberty Financial (WLFI), related to President Trump, is set to see its first token unlock, with WLFI derivative trading volume surging by 400%. Ethereum co-founder Joseph Lubin stated that Ethereum (ETH) could potentially increase by 100 times in the future. The Governor of California jokingly referred to "Trump Corruption Coin" to criticize the "Make America Great Again" meme coin.
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ETH0.53%
WLFI8.55%
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00:32

Eric Trump: Does not rule out the possibility of running for President of the United States.

BlockBeats news, on September 1, Eric Trump, the son of Trump, was asked in an interview whether he is considering running for president. He stated that he does not rule out the possibility of running for president of the United States in the future, but is not yet prepared to give a definitive answer. He said, "I didn't say no, but I didn't say yes either." Eric Trump is currently running a Crypto Assets company, and he also mentioned that he enjoys the trade world he is currently in.
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TRUMP1.44%
10:15

The Governor of California plans to launch the "Trump Corruption Coin" to criticize Trump's controversial actions in the encryption field.

BlockBeats news, on August 31, according to Cointelegraph, California Governor Gavin Newsom recently revealed plans to launch a crypto asset named "Trump Corruption Coin" to directly respond to Donald Trump's controversial actions in the crypto space (especially regarding Meme coins). Gavin Newsom stated on the "Pivot" podcast that this Meme coin, named after Trump's so-called scandals, is part of his broader "Campaign for Democracy" initiative, with funds raised intended for redistricting and voter advocacy efforts. In the interview, Gavin Newsom said: "We are about to launch a meme coin. Trump, look at your coin and ours.
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TRUMP1.44%
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08:56

Analysts: Gold can still withstand stock market sell-offs, while Bitcoin can hedge against pressure in the bond market.

With the support of the Trump administration for Crypto Assets, some investors have begun to question the status of gold as a Hedging asset. Research shows that gold performs best during a big dump in the stock market, while Bitcoin performs better under pressure in the treasury bond market. Market trends also reflect the different roles of the two and the choices of investors.
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BTC2.45%
06:43

Bloomberg: Metaplanet's Bitcoin financing "flywheel" strategy is slowing down, Eric Trump has acquired 3.3 million shares of the company.

Eric Trump, the second son of U.S. President Trump, has acquired 3.3 million shares of Metaplanet through acquisition rights and plans to attend the shareholders' meeting on September 1. Metaplanet intends to issue preferred stock for fundraising; however, its Bitcoin financing strategy has slowed down, causing the stock price to fall by 54%, leading to a decreased willingness to increase Bitcoin holdings. Analysts warn that available capital is limited.
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TRUMP1.44%
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07:18

In recent weeks, the US debt market has begun to show the Trump effect.

The US Treasury bond market has recently been affected by the Trump effect, with investors flocking to purchase two-year bonds, leading to a drop in their yield. At the same time, the yield on 30-year bonds rose due to increased selling, resulting in a significant difference in the yield curve. Nevertheless, the yields on long-term government bonds remain below 5%.
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TRUMP1.44%
01:17

Analysis: Disagreements over the ruling on Trump's tariffs may prompt the Supreme Court to hear the case.

Jin10 reported on August 30 that a panel of seven judges from the U.S. Court of Appeals upheld a ruling made by the International Trade Court in May, which stated that Trump improperly invoked an emergency statute to impose tariffs, exceeding presidential authority by a vote of 4 to 3. Henriet Trez, the head of economic policy research at Veda Partners, stated: "The 7 to 4 ruling means that tariffs are not dead. Typically, the Supreme Court does not take cases where two lower courts have issued the same ruling, but the split decision of 7 to 4 and strong pressure from the White House may prompt the Supreme Court to hear this case."
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TRUMP1.44%
22:47

The lawyer for Fed Governor Cook stated that the fraud allegations have become Trump's "weapon of choice" for excluding dissent.

Golden Finance reports that U.S. President Trump’s fraud allegations against Federal Reserve Board of Governors member Lisa Cook have become his "preferred weapon" in clearing obstacles to his policy agenda, according to Cook's attorney during the first hearing in the lawsuit against her dismissal decision. Attorney Abbe Lowell stated to the judge in Washington on Friday that Trump’s repeated public criticisms of the Fed’s work indicate his intention to replace those governors who refuse to vote in favor of interest rate cuts. Cook’s side pointed out that Trump’s motives suggest that his dismissal of Cook lacks justifiable reasons.
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TRUMP1.44%
14:24

The market is focusing on the independence of the Fed, and the dollar index maintains its rise.

BlockBeats news, on August 29, the U.S. July PCE inflation data met expectations, driving the dollar's continued rise. Meanwhile, the market is closely following President Trump's attempts to pressure the Fed into lowering interest rates. Federal Reserve Board of Governors member Waller reiterated a dovish stance, and Marc Chandler, Managing Director of Bannockburn Global Forex, stated that in light of the deteriorating labor market, he supports a Fed rate cut in September while advocating to overlook tariff-related price pressures. (Jin10)
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TRUMP1.44%
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12:45

Trump rescinds Secret Service protection for Kamala Harris

Jin10 reported on August 29 that, according to a copy of an official letter cited by CNN on Friday, U.S. President Trump has decided to cancel the Secret Service protection for former Vice President and 2024 Democratic challenger Kamala Harris. Sources revealed that, as a matter of routine, former U.S. vice presidents are entitled to 6 months of Secret Service protection after leaving office, while Harris's security period was extended to a year during Biden's presidency.
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TRUMP1.44%
10:53

The US dollar index fell by about 2% in August and may continue to be weak in the future.

According to ChainCatcher news and Jin10 reports, the US Dollar Index DXY fell by about 2% in August, partially erasing the gains made in July. This marks the first single-month rise in the dollar since President Trump took office. Wall Street expects that as signs of economic slowdown emerge, the Fed may cut interest rates again, and the dollar may continue its decline of over 8% this year. Jayati Baladwa, head of forex strategy at TD Securities, stated that recent actions by the US government will have a long-term impact on the dollar's safe-haven status, and the risk premium may begin to weigh on the dollar.
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TRUMP1.44%
10:53

The US dollar index fell about 2% in August, with both technical and fundamental factors pointing to continued weakness.

Jin10 data reported on August 29 that the dollar index DXY fell by about 2% in August, partially erasing the gains of July — which was the first month of dollar appreciation since Trump was inaugurated as President of the United States. Wall Street expects that as the economy shows signs of slowing and the Fed seems ready to cut rates again, the dollar may continue its decline of more than 8% this year. Trump has questioned the credibility of the Fed and the reliability of economic data, further weakening the dollar's appeal. "The recent actions of the U.S. government will have long-term effects," wrote Jayati Balladwaj, head of forex strategy at TD Securities. "This is eroding the dollar's safe-haven status, and risk premiums should begin to put pressure on the dollar." Technical analysis also indicates that the dollar is in a clear downward trend. Option pricing on Thursday showed that traders expect the dollar to decline slightly over the next three to six months. The dollar index broke below the 100-day moving average in early March this year and has been under pressure since then. This month, two attempts to break above the moving average have failed.
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TRUMP1.44%
09:39

Eric Trump, son of Trump, will attend the special shareholders' meeting of Metaplanet on September 1.

PANews reported on August 29 that Eric Trump, the son of U.S. President Trump, will attend the special shareholders' meeting of Metaplanet on September 1. Metaplanet is a company listed on the Tokyo Stock Exchange that invests in Bitcoin. Eric Trump serves as an advisor to Metaplanet. The extraordinary shareholders' meeting will be held in Tokyo. The agenda will include proposals to amend the company's articles of association to raise new funds.
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TRUMP1.44%
19:06

The judge hearing the Cook case once blocked Trump from carrying out mass deportations of immigrants.

Jin10 data reported on August 29 that, according to Politico, the judge Jia Cobb, who will rule on Trump's attempt to fire Federal Reserve Board of Governors member Cook, previously rejected another of Trump's signature measures to expand presidential powers: mass deportation of immigrants. Cobb was nominated to the federal court in 2021 by former President Biden. Earlier this month, Cobb blocked the Trump administration's plan to rapidly deport hundreds of thousands of immigrants fleeing violence or persecution in their home countries in an 84-page ruling. Cobb will preside over the initial phase of the Cook lawsuit, with a hearing scheduled for Friday at 10 a.m. Eastern Time. However, it is almost certain that she will not be the final decision-maker, as any ruling could be appealed to the U.S. Court of Appeals for the District of Columbia and ultimately reach the Supreme Court.
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TRUMP1.44%
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