President Trump said, I'm not sure we should spend any money on NATO. We are protecting NATO, but they are not protecting us.
President Trump has said that in order for artificial intelligence to reach the scale we want, the United States needs to double its current energy supply. The energy emergency declaration is to speed up the U.S. regulatory approval process. We will allow very fast construction of energy plants that can run on any fuel they need.
President Trump said he would demand an immediate reduction in interest rates.
Kyle Samani, founder of Multicoin Capital, said in a recent Solana investment paper that Solana is the leading public blockchain supporting internet capital markets. In addition, Solana as a technology can outperform major traditional finance (TradFi) players on core performance metrics such as latency (including NYSE, NASDAQ, CME, JPM, Goldman Sachs, and Morgan Stanley in financial marekt, as well as Visa and Mast in payments).
According to a report by Jin Ten, Swiss National Bank Governor Schlegel said that he does not see the need to launch a retail central bank digital currency.
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.
President-elect Trump of the United States said that we will impose tariffs and taxes on foreign countries to benefit our citizens, not to enrich other countries by taxing our citizens. To that end, we are establishing the External Revenue Service to collect all tariffs, taxes. This will allow a lot of money from foreign services to flow into our treasury. The American Dream will soon return and flourish at an unprecedented rate.
TikTok leadership said in an internal memo that it plans to continue paying U.S. employees even if the U.S. Supreme Court does not overturn laws that force the sale of U.S. TikTok or ban TikTok in the U.S. TikTok has 7,000 employees in the U.S., according to market sources.
Haseeb Qureshi, managing partner at Dragonfly Capital, said on social media: "Avalanche (AVAX) is tied for fifth place with Sui in the attention ranking of L1, ahead of BNB, TON and Tron. This could be a breakthrough year for Avalanche as institutions and companies prepare to go online in 2025."
President-elect Donald Trump said a "foreign tax service" would be established to "collect duties, taxes and all foreign-sourced income".
BofA said the dollar had risen since the US Federal Reserve's December meeting despite narrowing spreads against most other global currencies, which could be a "red flag" for bulls at a time when sentiment is one-sided. "The dollar remains supported despite the inverse spread," BofA FX strategists Alex Cohen, Adarsh Sinha and Janice Xue wrote in a note on Tuesday. "Congested positions and increasingly consistent FX sentiment expose asymmetric risks."
According to Bitcoin Magazine, U.S. Senator Ted Cruz recently said that he has invested in bitcoin through weekly dollar-cost averaging and has been investing for several years. He pointed out that during this time, the value of bitcoin has roughly tripled.
Bowman, the Fed governor, said on Thursday that she supported last month's rate cut as the "last step" in the Fed's monetary policy adjustment and that caution was needed in the future because of rising inflation risks. "We should also avoid prejudging the future policy of the new administration," Bowman said in remarks to the California Bankers Association.
Makoto Sakurai, a former member of the Bank of Japan's policy committee, said the possibility that the Bank of Japan will delay raising interest rates until March is increasing given the growing uncertainty caused by US President-elect Trump. "When Trump comments on various things, there seems to be too much uncertainty. There may not be enough reason to support a rate hike in January." Sakurai's remarks came as Bank of Japan watchers were looking for hints about a rate hike this month or later....
After publicly expressing his desire for the United States to take back control of the Panama Canal and acquire Danish-controlled Greenland, US President-elect Donald Trump refused to rule out military or economic action on Monday. Asked at a press conference whether he would refrain from using military or economic coercion in Panama and Greenland, Trump said: "No, I can't assure you of either...