Tag Archives: donald trump

‘The Apprentice’ Director Shrugs Off Trump Lawsuit Threat

Filmmaker Ali Abbasi has responded to the Trump marketing campaign’s menace to sue over his film The Apprentice, which premiered at the Cannes Movie Competition on Monday night time to an eight-minute standing ovation. 

“All people talks about him suing lots of people — they don’t speak about his success price although, you realize?” Abbasi stated Monday morning in France, drawing laughs from the gang on the first press convention for The Apprentice. 

The director acknowledged Trump’s probably assumptions across the film, saying, “If I used to be him, I’d be sitting in New Jersey, Florida or wherever he’s now — or New York — and I’d be considering, ‘Oh, this loopy Iranian man and a few, like, liberal cunts in Cannes, they gathered and so they did this film and it’s fucked up.’”

“However I don’t essentially suppose that it is a film he would dislike,” Abbasi added, earlier than saying he can be glad to display screen the film for Trump and talk about it with him. 

He continued: “I don’t essentially suppose he would really like it. I believe he can be shocked, you realize? And like I’ve stated earlier than, I’d supply to go and meet him wherever he desires and speak concerning the context of the film, have a screening speak and a chat afterwards, if that’s attention-grabbing to anybody on the Trump marketing campaign.”

The Apprentice explores Donald Trump’s rise to energy in Eighties America below the affect of the firebrand rightwing lawyer Roy Cohn. Sebastian Stan portrays a younger model of the true property mogul in his pre-MAGA days whereas Succession star Jeremy Sturdy performs Cohn, together with Martin Donovan (Tenet) as Fred Trump Sr. and Oscar nominee Maria Bakalova (Borat Subsequent Moviefilm) as Ivana Trump.

The movie has been described as a surprisingly humanistic portrayal of the worldwide icon now identified merely as “The Donald,” nevertheless it additionally comprises a number of disturbing and profoundly unflattering scenes, together with a sequence the place he rapes his first spouse Ivana, will get liposuction and surgical procedure for his bald spot, turns into hooked on weight loss supplements, and betrays the belief of a lot of these closest to him. 

On the premiere Monday night time, Abbasi laid his intentions naked by stating, “There isn’t a good metaphorical strategy to take care of the rising wave of fascism. There’s solely the messy approach. There’s solely the the banal approach. There’s solely the best way of coping with this wave by itself phrases, at its personal stage and it’s not going to be fairly.”  

“I believe the issue with the world,” he added, “is that the great folks have been quiet for too lengthy. So, I believe it’s time to make motion pictures related. It’s time to make motion pictures political once more.”

Later Monday night time in Cannes, as a glitzy after-party for The Apprentice was getting underway, phrase started to unfold that the Trump marketing campaign was threatening to sue in response to the film. 

“We will likely be submitting a lawsuit to deal with the blatantly false assertions from these faux filmmakers,” marketing campaign spokesman Steven Cheung stated in a press release. “This rubbish is pure fiction which sensationalizes lies which were lengthy debunked.”

“This ‘movie’ is pure malicious defamation, mustn’t see the sunshine of day, and doesn’t even deserve a spot within the straight-to-DVD part of a cut price bin at a soon-to-be-closed low cost film retailer,” Cheung went on, “it belongs in a dumpster fireplace.”

The Apprentice nonetheless didn’t have a U.S. distributor in place, though it bought earlier within the Cannes competition to StudioCanal for the U.Ok. and Eire, the place it is going to be launched theatrically later this 12 months.

Requested on the press convention concerning the launch plans, Abbasi joked, “We now have a promotional occasion arising known as the U.S. election that’s going to assist us with the film. The second debate goes to be Sept. 15, if I bear in mind proper, in order that’s launch date for us, I’d say.”

Sturdy, already hailed by critics as a spotlight of the movie, was absent from each the Cannes premiere and press convention for The Apprentice as a result of he’s busy performing in New York on Broadway in an acclaimed model of Ibsen’s An Enemy of the Individuals. Abbasi learn aloud a message from the actor in the beginning of the press convention.

The message learn: “‘An enemy of the folks’ is a phrase that has been utilized by Stalin, Mao, Goebbels and, most not too long ago, by Donald Trump when he denounced the free press and known as CNN, NBC, ABC, CBS Information, the New York Instances ‘pretend information media.’ An enemy of the folks,” Sturdy wrote. “We’re residing in a world the place reality is unresolved. That assault on reality, in some ways, started with Trump’s apprenticeship below Roy Cohn. Cohn was known as an assault specialist by the Nationwide Regulation Journal. We’re experiencing Roy Cohn’s lengthy, darkish shadow — his legacy of lies, of outright denialism, of manipulation, of a grand disregard for reality.”

Trump Campaign Eyes Crypto-Friendly Policies

The intersection of cryptocurrency and politics has taken heart stage because the potential return to energy of former President Donald Trump emerges with a crypto-friendly agenda. The revelation comes from none aside from David Bailey, CEO of Bitcoin Journal, who disclosed his involvement in advising Trump’s marketing campaign to undertake insurance policies favorable to the crypto business.

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Bailey’s Bombshell: Advising Trump For A Professional-Crypto Future

Bailey, a outstanding determine within the cryptocurrency group, shocked many when he unveiled his group’s function in guiding Trump’s marketing campaign in direction of embracing Bitcoin and different digital belongings. Bailey revealed that that they had proposed a crypto-focused government order to be signed on Trump’s first day again in workplace, signaling a big departure from Trump’s earlier skepticism in direction of cryptocurrencies.

Trump’s Crypto Evolution: From Skepticism To Embrace

Trump’s shifting stance on cryptocurrencies has been nothing wanting outstanding. As soon as vocal about his disdain for digital belongings, Trump now seems open to embracing them, contrasting sharply with President Biden’s purported lack of know-how of the crypto house. This evolution has ignited discussions concerning the potential influence of a Trump presidency on the crypto business.

The Divide: Professional-Bitcoin Or Anti-Biden?

Bailey’s announcement has sparked debates inside the crypto group, with some viewing it as a strategic transfer to make sure a extra favorable regulatory setting for Bitcoin and cryptocurrencies.

Nevertheless, others query the motives behind supporting Trump, citing issues about his controversial tenure as president. Bailey himself clarified that their actions are geared toward defending Bitcoin reasonably than endorsing Trump personally.

Bitcoin is now buying and selling at $63.100. Chart: TradingView

Election Dynamics: Bitcoin As A Deciding Issue?

With the upcoming presidential elections looming, the function of Bitcoin in shaping political landscapes has by no means been extra obvious. Bailey’s name to mobilize and guarantee a pro-Bitcoin president raises questions concerning the rising affect of cryptocurrency in electoral politics.

Will Bitcoin fans unite to sway the result of the elections in favor of a crypto-friendly candidate?

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Trump: Second Time period And Regulatory Outlook

Geoff Kendrick, head of FX Analysis and Digital Belongings Analysis at Normal Chartered Financial institution, weighed in on the potential implications of a Trump second time period for the cryptocurrency business.

Kendrick believes {that a} Trump presidency would possible end in a extra supportive regulatory setting, providing hope to crypto advocates amidst ongoing regulatory uncertainties.

Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why

Bitcoin may need posted the deepest correction because the FTX crash in November 2022, dipping over 20% from its all-time excessive of round $74,000. Nevertheless, Glassnode analysts, whereas sharing their preview on X, stay cautiously optimistic. 

BTC corrections | Supply: Glassnode through X

Bitcoin Drops 20% From March Excessive, However Glassnode Is Bullish

Glassnode notes that the Bitcoin “macro uptrend nonetheless seems to be one of many extra resilient in historical past” and that although corrections have been made, they’re comparatively shallow. With this place, the blockchain analytics platform confirms that the coin has improved with liquidity rising, decreasing volatility.

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Following the correction from March 2023 highs, Bitcoin has struggled to keep up the uptrend. To date, BTC has help at round $60,000, however a key response degree to look at is $56,500 on the decrease facet. On the flip facet, if costs get better, breaking above $66,000, BTC may rally, even breaching $72,000 and later $74,000.

Bitcoin price trending sideways on the daily chart | Source: BTCUSDT on Binance, TradingView
Bitcoin value trending sideways on the every day chart | Supply: BTCUSDT on Binance, TradingView

Nevertheless, for bulls to seek out help and costs to rally, triggers could be from elementary components. Although value motion construction may provide help, value catalysts are, as historical past reveals, associated to market occasions.

As Glassnode observes, the strong macro pattern, bullish for Bitcoin, has tapered volatility, serving to keep the uptrend. The more and more shallow corrections, because the blockchain analytics platform notes, level to a extra mature market backed by extra establishments.

Whales Accumulating As Establishments Eye BTC

Confidence stays excessive. On-chain information reveals that one whale has taken benefit of the comparatively low costs and the correction to stack cash.

Within the final week, the whale purchased over 100 BTC, pushing the quantity of cash purchased this month to over 7,257 BTC. This aggressive accumulation means that the whale, even on the present multi-year excessive, Bitcoin could possibly be undervalued.

BTC whale accumulating | Source: Analyst on X
BTC whale accumulating | Supply: Analyst on X

There could possibly be extra Bitcoin tailwinds incoming. For example, this week, former United States president Donald Trump began accepting crypto donations within the ongoing marketing campaign. This shift of stance has been bullish since Trump dismissed Bitcoin earlier. 

Whereas this occurs, European regulators seem open to approving Bitcoin as an investable asset inside Undertakings for Collective Funding in Transferable Securities (UCITS) funds. If this goes via, it may unlock extra billions into Bitcoin from European establishments.

This transfer is huge, contemplating that banking giants like Morgan Stanley and BNP Paribas are already exploring methods for his or her purchasers to spend money on BTC.

Associated Studying: Bitcoin Brief Time period NUPL Worth Turns Unfavorable, What This Means For Value

From a macro degree, the rising M2 cash provide in the US amid considerations from the US Federal Reserve that inflation is excessive may additional buoy Bitcoin demand. BTC, like gold, is taken into account a secure haven, a hedge in opposition to inflation since its provide is designed to be deflationary. 

Characteristic picture from DALLE, chart from TradingView

TRUMP Soars 36.2% And Flips BODEN

In a yr full of world elections, the crypto trade stays expectant and demanding of each candidate’s stance on cryptocurrencies. The US presidential elections might pose a turning level for laws and adoption that would have an effect on the trade worldwide.

On Wednesday, Donald Trump, former US president and Republican candidate, said his assist for the trade and criticized Biden’s administration for its stance on digital belongings. MAGA (TRUMP), the Trump-inspired memecoin, noticed its worth skyrocket  63% within the following hours.

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Trump’s Stance On Crypto

The Republican candidate held a gathering on Wednesday at his Mar-a-Lago resort in Palm Seaside, Florida. Holders of NFTs bearing Trump’s identify and likeness attended the Trump Playing cards NFT Gala.

Throughout this occasion, the previous US president strongly criticized Biden’s administration and its hostility in direction of the sector. He revealed he’s “high-quality” with crypto and needs to make it a “strong” trade.

Trump claimed he’s the most suitable choice for individuals who are in favor of cryptocurrencies:

(…) I’m high-quality with it. I wish to make sure that it’s good and strong and the whole lot else. However I’m good with it. And if you would like, in case you like crypto in any kind, and it is available in plenty of completely different types, in case you’re in favor of crypto, you higher vote for me.

Furthermore, the Republican candidate asserted that “crypto is transferring out of the US due to the hostility in direction of it,” one thing he alleges he doesn’t wish to proceed and guarantees to cease.

When requested what he would do to cease the exodus of digital asset companies, he said that to embrace them, they must allow them to be within the nation. To obtain this, the candidate promised a extra welcoming regulatory framework for crypto.

As a part of his jab on the present administration, Trump mimicked US President Joe Biden, claiming he could be clueless if requested about cryptocurrencies. He additional added, “The Democrats are very a lot in opposition to it.”

TRUMP Flips BODEN As Worth Soars

After Trump’s declarations, two memecoins impressed by the politicians noticed a worth response. Jeo Boden (BODEN) soared 23.5% within the following hour, going from $0.34 to $0.42.

Since then, the value has retraced to hover between the $0.35-$0.36 vary. BODEN is buying and selling at $0.3492, representing a 15.1% enhance within the final 24 hours.

The token’s day by day buying and selling quantity additionally noticed a big 35.7% surge, with over $20 million traded prior to now day. Regardless of benefiting from the Republican candidate’s jab at its inspiration, BODEN Nonetheless shows purple numbers within the longer timeframes, with a 29.9% and 59.8%  weekly and month-to-month lower.

Because of this, TRUMP’s $252 million market capitalization flipped BODEN’s $239 million. The Trump-inspired token grew to become the 14th largest memecoin by market capitalization, per CoinGecko knowledge.

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Furthermore, TRUMP seemingly gained this spherical with crypto buyers, which rallied 63% after Trump’s assertion. The token surged from $4.2 to $7.1 within the following hours earlier than retracing to the $5.3 degree.

TRUMP trades at $5.43 on the time of writing, representing a 36.2% enhance within the final 24 hours.

TRUMP's efficiency within the 1-week chart. Supply: TRUMPUSDT on TradingView

Featured Picture from Unsplash.com, Chart from TradingView.com

Colin Jost Roasts Media, Gets Sentimental With Biden at Correspondents Dinner

The annual White Home Correspondents Dinner could also be dubbed the inside-the-beltway “Nerd Promenade” in some circles. Nonetheless, this 12 months’s soirée, which happened on Saturday night time on the Washington Hilton, was the most well liked ticket within the nation’s capital — perhaps the whole nation — as President Joe Biden and the First Woman sat alongside the Hollywood elite and senior authorities officers mingled with actors, rappers and rockers.

They had been all gathered to toast free speech and watch the president and Saturday Night time Reside Colin Jost roast Donald Trump, the state of the media, and in a standard theme of the night time, the commander-in-chief’s age. 

Earlier than the occasion started, a whole lot of protesters had gathered exterior the Hilton within the Adams Morgan neighborhood of Washington to confront attendees and encourage journalists to boycott the occasion. The demonstrators shouted concerning the deaths of journalists in Gaza as they lined the continued battle there and held banners whereas chanting “Free, free Palestine.” Biden was additionally reportedly confronted by a smaller group of protesters calling for a ceasefire on Israel’s lethal floor marketing campaign in Gaza. 

Later within the night, Biden took to the rostrum the place he fired off a relentless sequence of gags that went after headliner Jost (addressing the SNL author’s spouse, Scarlett Johansson: “Clearly, you’re the humorous one within the household”); his presumed opponent Donald Trump on this 12 months’s presidential race (“My vice chairman really endorses me…”); and even acknowledged the hot-button difficulty of his age, which as the primary octogenarian presidential candidate is a central difficulty for voters (“Sure, I’m a grown man working towards a six-year-old”).

Jost took the stage following Biden’s few quips and a fast nod to the sacredness of a free press. His time on the podium in entrance of Hollywood and Washington’s elite acquired notably middling reactions, along with his jokes (“I’ve to confess, it’s not straightforward following President Biden. I imply, it’s not all the time straightforward following what he’s saying…”) and jabs at members of the gathered viewers (“​Bernie Sanders is right here as a result of he’s not the sort to move up a free sizzling meal”). 

This was on no account an absolute catastrophe for Jost. However his 20 minutes on stage had been marked with a notable quantity of silence because the gags didn’t land, and the headliner gave far too many pauses for laughter or impact. The prize taker for Jost’s worst gag? “My ‘Weekend Replace’ co-anchor, Michael Che, was going to affix me right here tonight — however in solidarity with President Biden, I made a decision to lose all my Black help.” The booing got here and the silence lingered after that one. 

But ultimately, Jost turned it round with easy sentimentality and by providing a honest second on to the U.S. president. Citing his late firefighter grandfather, who died this previous 12 months, Jost informed Biden that he reminds him of the person who had voted for the president in 2020. 

“My grandpa voted for decency, and decency is why we’re all right here tonight. Decency is how we’re capable of be right here tonight,” Jost mentioned. “Decency is how we’re capable of make jokes about one another and one in all us doesn’t go to jail after — we go to the Newsmax after get together.”

“If you have a look at the degrees of freedom all through historical past, and even world wide as we speak, this is the exception. This freedom is extremely uncommon and the journalists on this room assist shield that freedom, and we can not ever take that as a right,” he added. 

Jost adopted within the footsteps of earlier comic headliners like Michele Wolf, Roy Wooden Jr., Trevor Noah, Jay Leno, Keegan-Michael Key and lots of others.

The annual occasion is the key income supply for the White Home Correspondents’ Affiliation’s work, as acknowledged on its web site. This consists of journalists working to cowl the U.S. president, academic occasions to the First Modification and a free press, and scholarships to assist the subsequent era of journalists.