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Trump announced that he will place the Washington, D.C. Police Department under federal control and deploy the National Guard to the district.

5 hours ago

On Monday, August 11th, President Trump of the United States stated that he will bring the Washington D.C. Metropolitan Police Department under federal control. He has ordered the deployment of the National Guard to the capital to combat what he characterized as a wave of "lawlessness." Trump told reporters at the White House press conference: "I am deploying the National Guard to assist in restoring law and order and public safety in Washington D.C. Our nation's capital has been seized by violent mobs and bloodthirsty criminals." This action represents Trump's latest exertion of executive power to interfere in matters that are traditionally under local jurisdiction, specifically targeting Democratic-run cities. However, he denied that he is "creating a crisis" to expand presidential authority. Trump stated that the high crime rate in Washington D.C. is having an impact on the functioning of the federal government. While acknowledging that other cities are also in a poor state, Washington D.C. will serve as the starting point. It is reported that Trump has officially declared a public safety emergency in Washington D.C. and has stated that the military will be deployed if necessary. (Forex Live)
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Trump to Extend Tariff Deadline on China by 90 Days

On August 12th, as per CNBC, it is expected that Trump will postpone the deadline for imposing tariffs on China by 90 days.

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Trump: Will Not Impose Tariffs on Gold

On August 12th, following a U.S. federal ruling which led to chaos and turmoil in the global gold market, President Trump stated on Monday that he "will not impose tariffs on gold!". After Trump's announcement, gold futures on the New York Mercantile Exchange remained almost unchanged. Spot gold regained some of its lost ground, but still closed down by more than 1% on that day. As of Monday afternoon local time, no official new policy had been announced by U.S. institutions yet. (FXStreet)

2 hours ago

Circle Issues 100 Million USDC on the Ethereum Network

On August 12th, according to the monitoring of whale_alert, Circle minted 100 million USDC on the Ethereum network 8 minutes ago.

2 hours ago

Trump Team Expands Fed Chair Candidate Pool

August 12th. As per foreign media reports, officials have stated that the Trump team is broadening the scope of candidates for the position of Federal Reserve Chair. Federal Reserve Governor Bowman and Fed Vice Chair Jefferson are among those being taken into consideration. The White House is anticipated to make the announcement regarding the Federal Reserve Chair nominee this autumn. (FX678)

2 hours ago

Market News: Coinbase Ventures Acquires TON Tokens from Telegram

On August 12th, according to market information, an executive of the TON Foundation disclosed that Coinbase Ventures purchased TON tokens directly from Telegram. BlockBeats alerts users: At present, this news has not been officially confirmed by Coinbase Ventures and is for reference only.

2 hours ago

In the last 24 hours, the entire network has seen a total of $439 million in liquidations, with both longs and shorts getting wiped out.

August 12th. According to data from Coinglass, within the past 24 hours, a total of $439 million was liquidated across the entire network. Globally, 124,354 people were liquidated. Among them, long positions were liquidated to the tune of $214 million, while short positions saw a liquidation of $225 million. The asset with the highest liquidation was BTC, with $124 million being liquidated, and ETH came in second with $91.0 million being liquidated.

2 hours ago