PANews September 1st news, U.S. President Trump: India proposed to drop tariffs to zero, but it's too late. India should have dropped their tariffs many years ago.

PANews, September 1st news - Eric Trump, the son of U.S. President Trump, announced the issuance of the WorldLibertyFi (WLFI) Token today, stating that the token aims to establish a new standard for financial freedom based on trust, speed, and American values, and believes this is an important moment for the future of currency.

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.

Gate News bot message, a supporter of Donald Trump has registered the Ethereum domain name "trumpisthebest.eth" and invested $347,000 to acquire 23.14 million WLFI tokens. The initial investment has now appreciated to approximately $8.5 million, representing an unrealized gain of over $8 million for

PANews September 1 news, according to Onchain Lens monitoring, the trader with the highest yield on the WLFI platform closed their 3x leveraged ETH long positions, realizing a profit of $915,000, and simultaneously opened a new TRUMP long position with 8x leverage.

The latest disclosed Bitcoin holdings data from Metaplanet shows that its open interest has surpassed Trump Media & Technology Group and Riot Platforms, making it the sixth largest Bitcoin holdings public company, just behind several major competitors.

Jin10 reports that Trump’s son Eric Trump suggested that the Japanese Bitcoin company Metaplanet hold a vote on the financing plan.

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

Trump reposted a statement from the Delta Sigma Theta Sorority on Truth Social, criticizing the support for Federal Reserve Board of Governors member Lisa Cook as a conflict of interest and calling for the judge to recuse themselves. The sorority was founded in 1913 and is dedicated to serving and supporting local communities.

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.

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.

Kyle Klemmer, co-founder of Blockstreet, stated that by 2028, the family-backed stablecoin USD1 is expected to replace USDT and USDC to become the largest stablecoin in the world. Despite the fierce market competition, he remains optimistic about the prospects of USD1.

California Governor Gavin Newsom plans to launch the "Trump Corruption Coin" in response to the controversies surrounding Trump in the encryption field, as part of his democratic campaign to raise funds for redistricting and promotion, aimed at highlighting the absurdity of the related actions.

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.

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.

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.

BlockBeats news, on August 30, Axios global affairs reporter Barak Ravid stated that a U.S. official said Trump is in good health and will go golfing this morning local time. This news comes amid widespread speculation on social media regarding Trump’s health.

Trump unilaterally canceled $4.9 billion in foreign aid, triggering opposition from multiple parties and intensifying the struggle for spending control. The funds were originally intended for international projects, peacekeeping operations, and democracy promotion, involving the aid funds of the now-closed U.S. Agency for International Development.

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%.

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."

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.

According to Golden Finance reports and CCTV News, on August 29 local time, the U.S. Court of Appeals ruled that most of the global tariff policies implemented by U.S. President Trump are illegal, stating that Trump exceeded his authority in imposing these tariffs.

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)

BlockBeats news, on August 29, a Politico reporter stated that the Fed does not take a position on Trump's attempt to fire Lisa Cook, only requesting the judge to make a ruling as soon as possible and promising to comply with that ruling. (Jin10)

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.

PANews August 29 news, according to Lookonchain monitoring, crypto KOL "0xSunNFT" today spent 30 ETH (worth about $133,800) to purchase 807,301 Block Tokens. The trader had previously realized over $24 million in profits through TRUMP trades.

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.

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.

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.

According to ChainCatcher news and Jin10 reports, the United States will release the July core PCE data at 20:30 tonight, which will be the first major data test faced by Powell. In addition, Cook's hearing regarding the lawsuit against Trump is scheduled for 22:00 tonight, and both may impact the market.

The Trump family project World Liberty Financial (WLFI) officially tweeted that some users are still unable to connect to their Wallet, and their Compliance team is continuously reviewing and gradually unlocking more Wallets. If the Wallet has not been activated, users can try again later or send an email for assistance.

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.

Odaily News According to market news: Fed's Cook is suing President Trump for ousting her from the Federal Reserve Board of Governors.

Fitch's BMI analysts have stated that India's tax reform plan may offset the impact of U.S. tariffs on the economy, with an expected drop in average tax rates and a simplification of the Goods and Services Tax. Although the impact on tax revenue is small, it will stimulate private consumption. BMI has revised down India's growth forecast, expecting a growth rate of 5.8% for the fiscal year 2025-2026.

According to Jinsuo Finance and Reuters, American Bitcoin, a US crypto asset mining company supported by Trump’s eldest son Donald Trump Jr. and his second son Eric Trump, plans to go public in September.

Gate News bot message, according to SoSoValue data, the cryptocurrency market shows a polarized trend. The CeFi sector performed outstandingly, rising 2.42% within 24 hours. Among them, Cronos (CRO) surged by 84.24%, reaching a nearly three-year high, which is related to the news of collaboration between Trump Media Technology Group and Crypto.com. Bitcoin (BTC) rose slightly by 0.54%, fluctuating around $111,000. Ethereum (ETH) fell by 0.47%, briefly dipping below the $4,500 mark. The Layer 1 sector increased by 1.41%, with Avalanche (AVAX) and Solana (SOL) rising by 1.86% and 3.88%, respectively. The Meme sector rose by 0.96%, and the DeFi sector increased by 0.74%. Layer 2

BlockBeats news, on August 28, according to cronoscan data, with the recent announcement of the CRO strategy by Trump Media Technology Group, CRO has hit a new high price in nearly 3 years. Its on-chain activity on the Cronos chain has also increased, with the on-chain volume in the past 24 hours reaching 386,767 transactions, a surge of 29.53%; the total transaction fees reached 24,325 CRO, a surge of 31.26%; and the average transaction fee reached 0.0164 CRO, a surge of 31.73%.

Golden Finance reported that U.S. Vice President Vance stated: Cook has not met the "standard," and Trump can legally fire her.

Odaily News Trump family encryption project WLFI announced on platform X that USD 1 has been launched on Bullish.

Golden Finance reports that U.S. Treasury Secretary Bessent: Regarding the matter of the Fed chair (candidate), we will communicate with the candidates next. We will submit 3 to 4 candidates for Fed chair to Trump.

Golden Finance reports that market news says: The EU plans to propose a drop in US tariffs this week to meet Trump's demands.

Jin10 data, August 27 - Trump's praise has pushed the stock price of South Korean pen manufacturer MonAmi to its highest level in 19 months, with the stock rising 24% on Wednesday and over 60% in two days, making it the best-performing stock in this week's Seoul Composite Index. On Monday, during his first face-to-face meeting with South Korean President Yoon Suk-yeol at the White House, the pen used by Yoon for signing caught Trump's attention. Trump asked about the pen for two minutes and praised it as a "great pen" after picking it up. Yoon then gifted the pen to Trump. It is reported that this brown pen uses MonAmi's nib and is engraved with a traditional Korean phoenix pattern, handcrafted by Seoul's Zenyle company. Zenyle confirmed on its website that it produced the pen at the request of the South Korean presidential office, and due to a surge in orders, the company has completely suspended the sale of the pens.

BlockBeats news, on August 27, Justin Sun recently stated in an interview with the Late Point team that "on the eve of the 2024 U.S. presidential election, individuals associated with the Trump Group proactively contacted me, saying that if Trump is elected President of the United States, he will adopt very friendly policies towards Crypto Assets. They hope to provide consulting and relevant policy guidance, and the Trump Group and its enterprises are also very eager to seek development in the Crypto Assets field. Therefore, I personally feel very excited and am grateful for President Trump's friendly attitude towards Crypto Assets, and thus strongly support Trump's Crypto Assets enterprises. Supporting and buying a large amount of the Crypto Assets issued by Trump is neither bribery nor a transfer of benefits, but rather a straightforward industrial support. Publicly buying and declaring it can withstand scrutiny, and the entire process is open and transparent."

Bitcoin (BTC) is experiencing a short-term rebound, with a temporary report of around $111,680 on August 27. Trump's media and technology group will establish a new company to deploy the CRO treasury strategy, expecting a total funding of $6.42 billion. Little Trump joins the Polymarket board, focusing the prediction market on the recovery of the U.S. economy. SharpLink reports that $360.9 million was raised through a market issuance plan, acquiring 56,533 Ether (ETH) at an average cost of $4,462.

According to ChainCatcher news and Jin10 reports, UBS stated that Fed Chairman Powell's speech at Jackson Hole signaled an increased probability of interest rate cuts in September, but lacks guidance on a medium-term policy framework. UBS pointed out that Powell did not provide a stronger defense of the Fed's independence, and the potential politicization of the Fed by Trump in the future may lead to a resurgence of inflation uncertainty, an increase of 1 percentage point in real borrowing costs, and a chain reaction affecting fiscal policy and household savings.

Golden Finance reported that U.S. President Trump said: (referring to Federal Reserve Board of Governors member Cook) We are ready for a legal battle. Cook seems to have engaged in misconduct. We need people who are 100% honest and upright. (referring to the Fed's statement about Cook) I will abide by the court's ruling.

Jin10 data reported on August 27 that, according to informed sources, during secret talks in Qatar with the Russian oil company, an executive from Exxon Mobil (XOM.N) discussed the possibility of the company returning to the massive Sakhalin project in Russia's Far East if the two governments grant permission in the Ukraine peace process. The Exxon executive has requested support from the U.S. government for the company's return to Russia and has received a positive response. According to senior government officials, Exxon Mobil CEO Darren W. Woods recently discussed this possibility with Trump at the White House. The Sakhalin-1 project is one of Exxon Mobil's largest investments, with the company responsible for operations and holding a 30% stake. Informed sources say that discussions about restoring cooperation between Exxon Mobil and Russian oil accelerated when Trump took office in January this year.

Golden Finance reports that Trump reiterated that the Fed must drop the Intrerest Rate.