Trump’s First Actions, TikTok Ban Paused & College Football Champions- Tuesday, January 21, 2025
Jan 21, 2025
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President Trump's second term kicks off with significant moves on immigration, energy, and the economy. Meanwhile, a Supreme Court decision has thrown a curveball into TikTok's future. In cryptocurrency news, Bitcoin prices surge dramatically, coinciding with the presidential inauguration. Additionally, weather alerts warn of severe conditions in California, heightening fire risks. Finally, Ohio State celebrates as the new college football national champions.
Trump's inaugural actions included polarizing immigration reforms and a withdrawal from the Paris Climate Agreement, igniting nationwide protests and celebrations.
Bitcoin's historic surge to $109,000 alongside new crypto coins associated with Trump reflects a dynamic cryptocurrency market during his presidency.
Deep dives
Trump's Second Term Begins
Donald Trump was inaugurated for his second term as president, during which he articulated a vision of unity while simultaneously announcing significant policy changes that have polarized the nation. His first-day actions included canceling numerous executive orders from the previous administration, notably impacting immigration by revoking asylum-seeking processes and altering birthright citizenship rules. Trump also mandated that government policies reflect biological sex, ignoring gender identity in official documents, and initiated a withdrawal from the Paris Climate Agreement. These actions were met with both celebration from supporters at various inaugural events and protests from thousands who rallied at the Lincoln Memorial, highlighting the division in public sentiment.
Gaza Ceasefire and Humanitarian Crisis
A ceasefire has been established in Gaza, with both Hamas and Israel beginning to adhere to the agreement, resulting in the release of hostages on both sides. Hamas freed three Israeli women who had been kidnapped, while Israel released 90 Palestinian prisoners. The severe damage from recent conflict is evident, with 92 percent of housing units destroyed, creating a dire humanitarian situation as aid shipments finally reach the region. This situation remains precarious, with the long-term stability of the ceasefire uncertain as residents start to return to their devastated neighborhoods.
Record Bitcoin Surge and College Football Championship
On Trump's inauguration day, Bitcoin reached a historic value of $109,000, reflecting a significant surge in the cryptocurrency market as the president expressed support for crypto industries. In addition to Bitcoin's rise, Trump's administration also introduced crypto coins named after himself and his wife, which gained rapid market capitalization but subsequently lost value. Meanwhile, in college football, the Ohio State Buckeyes claimed the national championship title by defeating the Notre Dame Fighting Irish, marking their ninth championship win and the first under the new expanded playoff format. This victory exemplifies a changing landscape in college sports, as teams previously excluded from playoffs now have a chance at the title.
It's the first full day of President Trump's second term. Already, he's made big moves to address immigration, energy, the economy, and more while also celebrating his White House return. We'll get into all of it.
Also, from a Supreme Court decision to a shutdown to a revival. we'll tell you what's been happening with TikTok and what's expected to happen next.
Plus, we're talking about what's behind the latest cryptocurrency record, how the weather could impact California wildfires, and who took the crown as the new college football national champion.
Those stories and even more news to know in about 10 minutes!
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