Asian stocks turned in a mixed performance on Wednesday as official data showed Chinas industrial profits fell again in October but less sharply than in September. Regional gains were limited by tariff worries as U.S. President-elect Donald Trump picked another China sceptic, Jamieson Greer, to serve as the United States Trade Representative (USTR) and appointed...
Rex Shares and Osprey Funds have filed for multiple crypto ETFs, including one linked to Donald Trump’s memecoin, amid shifting U.S. regulations.Trump’s memecoin, TRUMP, surged 540% in a week, reaching an $8.31 billion market cap, while Melania’s token faced significant declines. Investment management firms Rex Shares and Osprey Funds submitted filings for a series of...
Bitcoin surged over 10% to a new all-time high of $109,114, with $100,000 as a crucial support level.Ethereum struggles near $3,140, and Ripple climbs 33% amid Trump’s potential support for crypto. The crypto market is on a roller coaster ride as Bitcoin, Ethereum, and Ripple face pivotal price movements. As Trump prepares for the inauguration,...
Rumble invests in Bitcoin as part of its strategy to diversify financial reserves, showing confidence in cryptocurrency.The platform plans to expand Bitcoin holdings, emphasizing its role as a hedge against inflation and economic uncertainties. Rumble, a US-listed video-sharing website with a market cap of $3.6 billion, has made a daring move into the crypto space...
The crypto community panicked President Donald Trump did not mention Bitcoin on day 1.Despite the price of assets falling, core proponents are convinced the future is bright. Donald Trump remained in the spotlight regarding releasing crypto executive orders on his first day in the US White House. While the President’s lack of crypto focus has...
World Liberty Financial, a Trump-affiliated DeFi platform, purchased over $100 million in cryptocurrencies on Inauguration Day.President Trump’s first-day executive orders did not address cryptocurrency despite the crypto acquisitions, leaving the industry anticipating future developments. World Liberty Financial (WLFI), a DeFi platform linked to President Donald Trump, made headlines on Inauguration Day with significant cryptocurrency purchases...
US President Donald Trump confirms the release of Silk Road founder Ross Ulbricht after pledging to commute his sentence in a May 2024 speech. Meanwhile, questions about his hidden stash of Bitcoins have started emanating despite the authorities seizing more than 173,991 Bitcoins from the platform. US President Donald Trump has finally freed Ross Ulbricht, the...
MicroStrategy’s approval of a 30x share increase aligns with its strategy to fund aggressive Bitcoin acquisitions, reinforcing its leadership as the largest corporate Bitcoin holder.Michael Saylor’s Bitcoin-focused vision continues to redefine MicroStrategy’s identity, setting a bold example for corporate adoption of cryptocurrency. At the beginning of 2025, MicroStrategy has continued its successful Bitcoin accumulation strategy,...
Bitcoin is showing strong momentum, with experts predicting it could reach $122,000 by February.Key milestones include surpassing $106,000 and maintaining support levels like $101,000. Bitcoin’s recent price movements suggest it could achieve significant milestones in the coming weeks, with experts pointing to $122,000 as a key target by February. Markus Thielen, head of research at...
Shiba Inu (SHIB) lead developer Shytoshi Kusama discloses the possibility of SHIB hitting $0.5; however, he believes that the asset could grab the attention of the broad market before this significant move. An analyst has hinted that SHIB could be ending its correction phase soon as it successfully holds its position above a crucial support level. ...