UAE Firm Invests $500M in Trump-Linked Crypto Amid Controversy
- Massive Investment: Abu Dhabi-backed Aryam Investment 1 has secured a $500 million deal to acquire nearly half of World Liberty Financial, with $187 million already transferred to entities controlled by the Trump family, highlighting the UAE's growing influence in the global tech sector.
- Political Controversy: The deal was signed just days before Trump's return to the White House, raising questions about potential conflicts of interest; despite the Trump family's denial of any influence over U.S. policy, their ties to the crypto firm have drawn scrutiny from U.S. lawmakers.
- Increased Regulatory Scrutiny: Democratic senators, including Elizabeth Warren and Jack Reed, have called for an investigation into World Liberty Financial's token sales, which reportedly involve blockchain addresses linked to sanctioned entities like North Korea's Lazarus Group and other Russian and Iranian actors.
- International Investment Impact: As the UAE pushes for access to advanced U.S. technology, the involvement of World Liberty Financial in this deal signifies that it is more than just a crypto investment, likely leading to significant political and financial implications for U.S.-based cryptocurrency startups.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.061 | 0.0687 | 0.0778 | 0.0855 | 0.0946 | 0.102 | 0.111 |
| Fibonacci | 0.0687 | 0.0751 | 0.0791 | 0.0855 | 0.0919 | 0.0959 | 0.102 |
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