The Trump Media and Technology Group (TMTG), known for operating the social media platform Truth Social, is poised to make significant strides into the realm of digital currency. Recently, the organization took a notable step by applying to trademark the name “TruthFi,” signaling its intention to launch a cryptocurrency payment service. This move aligns with
Crypto
In recent days, the cryptocurrency market experienced a significant rally, attracting attention and enthusiasm from both investors and analysts. However, as the week unfolds, there are signs of a cooling period where most digital assets are witnessing corrections. This natural ebb and flow is not uncommon in the volatile world of cryptocurrencies and often serves
In a significant legal development, BIT Mining, a company primarily engaged in Bitcoin mining, has reached a settlement with U.S. authorities involving a hefty penalty of $10 million. This resolution comes in light of serious allegations concerning bribery linked to Japanese government officials. The company has acknowledged violations of the Foreign Corrupt Practices Act (FCPA),
Bitcoin, the leading cryptocurrency, recently experienced an exhilarating sprint toward unprecedented heights, flirting with the $100,000 mark. After achieving a jaw-dropping price of over $99,800, the cryptocurrency appeared primed to breach this psychological threshold, igniting excitement within the community. However, against a backdrop of exuberance, the market dynamics took an unexpected turn. Since reaching that
In a significant demonstration of financial momentum, Bitcoin has recently surged over 40% higher than its average price, particularly notable just ahead of the November 5th elections in the United States. Analysts and market watchers attribute this spike not solely to market demand but also to the political landscape, particularly the promises made by the
In an unpredictable cryptocurrency market, Bitcoin’s recent attempt to surpass the $100,000 mark has been met with disappointment. After a promising surge that saw BTC reach about $99,800 on various exchanges, the market took a slight downturn, resulting in a price correction to approximately $98,000. This fluctuation highlights a crucial aspect of digital currencies: the
The recent developments in the cryptocurrency market, especially regarding Bitcoin and Ethereum exchange-traded funds (ETFs), have captured the attention of investors and analysts alike. The trading week following Donald Trump’s decisive victory in the 2024 presidential elections saw an extraordinary surge in Bitcoin ETFs, contrasting starkly with the struggles faced by Ethereum counterparts. This article
Charles Schwab, a major player in the asset management industry, is considering entering the arena of crypto exchange-traded funds (ETFs) as indicated by incoming CEO Rick Wurster’s comments. In a recent discussion with Bloomberg, Wurster revealed that if the regulatory environment in the U.S. were to evolve favorably, the company would be inclined to offer
Bitcoin, the pioneering cryptocurrency, has captured the imaginations of investors and technologists across the globe, with significant traction in regions such as the United States, Europe, Latin America, and parts of Asia, notably South Korea and Japan. Its unabashed rise has been fueled by increasing public interest, institutional investments, and burgeoning technological infrastructures supporting digital
The recent election of Donald Trump as the pro-crypto candidate has sent ripples through the digital asset market, stirring optimism and speculation among investors and stakeholders. As the Trump administration gears up for its official start in January, the industry is poised for a period of transformative change. A quarterly report from Bybit, in collaboration
