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On January 24th, the RMB suddenly rose by nearly 400 points today. Recently, the trend of the RMB has been completely different from what was expected. After the official inauguration of US President Trump, the RMB is on the rise. As of 16:30 on January 24th, Beijing time, the US dollar/offshore RMB was at 7.2432, and the cumulative rise on that day was nearly 400 points. Compared with the weakest position near 7.37 in January, it has risen by nearly 1,300 points. "The previous market expectatio...
US President Donald Trump questioned Federal Reserve Chairperson Jerome Powell's interest rate decision on Thursday local time and said he planned to speak with the Fed chairperson "in due course". "I think I know more about interest rates than they do, and I think I certainly know more about interest rates than the people who are primarily responsible for making interest rate decisions," Trump told reporters in the Oval Office, apparently referring to Powell. "If I don't agree, I will...
In his inaugural address on January 20, Trump said he would direct his cabinet to combat record inflation, and today he will also declare a national energy emergency because the inflation crisis is caused by massive overspending and rising energy prices.
Trump tweeted again on his personal X account (previously posted on truth social) about the "launch of the official Meme coin TRUMP".
The U.S. Supreme Court has refused to stop ruling President-elect Donald Trump in the hush money case.
Trump also made some promises to the crypto industry during his campaign, and whether he will make the US government a bitcoin holder or even a purchaser remains a hot topic. Anthony Scaramucci, founder of SkyBridge Capital, said: "I would remind everyone that if you think that a switch will kick in after January 20 next year, everything will be better, and the bitcoin and digital asset community is thriving, you are wrong, that's not the way Washington works."...
President-elect Donald Trump rang the opening bell on Thursday on the New York Stock Exchange, the day he was named Time magazine's Person of the Year for 2024. "If you don't make [goods] here [in the US], you pay a 21 per cent tax," Mr. Trump said in an interview after ringing the bell. "If you make here, we're going to try to get the tax rate down to 15 per cent, and you have to make your products in the US." Mr. Trump also attributed the recent rally in the stock market to his defeat of...
Senator Cynthia Lummis, Republican of Wyoming and an ally of Donald Trump in the Senate, said the strategic bitcoin reserve proposed by the president-elect could be filled without increasing the government deficit: selling some of the Federal Reserve's gold to buy bitcoin. Cynthia Lummis plans to push a bill to do just that when the new Congress takes office next year. The bill would require the U.S. to buy 1 million bitcoins at a cost of about $90 billion at current market prices.
Trump said on the X platform, "Any Republican senator who wants to get the coveted position of leader of the United States Senate must agree to a recess appointment (within the Senate) or we will not be able to confirm the person in time. Sometimes voting can take two years or even longer. They did this four years ago and we cannot let this happen again. We need to fill the position immediately! Also, no judges should be approved during this period because the Democrats want to pass their law wh...
Trump's victory in the 2024 presidential election pushed bitcoin to a new high of about $76,000, while the US stock market closed higher on Wednesday. Coinbase shares jumped 31%, and a number of bitcoin mining companies including Cipher Mining, Riot Platforms and others rose more than 20%. The Robinhood platform recorded record overnight trading volume, with the three most popular trading stocks being Coinbase, MicroStrategy and IBIT. In addition, BlackRock's IBIT Bitcoin ETF reached $1 billion ...
Market news: Trump takes the stage at the Palm Beach Convention Center.
According to Fox News, Trump is expected to win in the crucial state of Pennsylvania, which has 19 electoral votes.
While Trump has a clear advantage in the prediction market, those betting on him may want to consider the latest economic data that suggest Harris as the incumbent party candidate could benefit from a substantial tailwind, according to analysts at Moody's Analytics.
Trump was on the podcast "The Joe Rogan Experience" in Austin, Texas, during a three-hour interview with Joe Rogan. According to a report, according to a video of the conversation released on the evening of the 25th, the two sides had friendly discussions on various topics, including UFOs and confidential files on the assassination of President John F. Kennedy, but the conversation rarely involved policy details and completely avoided the issue of abortion. Logan did not say he supports Trump.
On October 26, it was reported that Elon Musk will attend Trump's rally at Madison Square Garden in New York. It is reported that in addition to Elon Musk, Robert F. Kennedy Jr., Dana White, Rudy Giuliani, Tucker Carlson and other well-known figures will also participate in this opportunity.
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