The White House stated that Trump is 'very serious' about the plan to impose a 20% levy.
1 hours ago
According to U.S. media outlet Semafor, a White House official has stated that Trump is "very serious" about his plan to impose a 20% toll on goods passing through the Strait of Hormuz—a proposal he has sought to advance for months. Trump has long favored such a toll, questioning in April why his administration had not already done so and threatening to implement the charge in June if a deal with Iran was not finalized within 60 days. However, Trump has not always followed through on his ideas, and until this week, he refused to formally announce the plan, partly due to opposition from members of his inner circle. "This has always been something he wanted to do, but there were people trying to convince him to drop it," the official said. "It’s always been an instinctual call for him; he’s just circled back to it again." It remains unclear how the toll system—linked to a potential resumption of a maritime blockade of the strait—would operate, or whether the U.S. has even consulted with Gulf nations on the matter. Details of the plan are still being finalized, the official added.
A $200 amateur mining rig successfully mined a block, earning its solo miner approximately $200,000 in rewards.
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DeepSeek has just concluded its first round of financing and is already in talks for a new round at a $71 billion valuation.
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Analyst: Bitcoin’s stochastic RSI hitting zero over two months may signal the end of this bear market.
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