Trump Media is launching Truth.Fi with up to $250 million for investments in bitcoin, other cryptocurrencies, crypto-related securities, ETFs, and industries supporting U.S. economic growth. Trump Media Launches Truth.Fi, Investing in Bitcoin, Crypto, and ETFs Trump Media and Technology Group Corp. (Nasdaq: DJT), operator of the social media platform Truth Social and the video streaming […] Original
Day: January 29, 2025
What Crypto to Buy as Pro-Crypto Treasury Secretary takes Office
The U.S. Senate accepted Donald Trump’s nomination of Scott Bessent, a pro-crypto billionaire hedge fund manager, as the new Treasury Secretary. Bessent had been quite vocal about his positive outlook on the crypto economy, publicly saying that crypto represents freedom and that it is “here to stay.” Interestingly, Scott Bessent’s appointment has also wiped away the despair that DeepSeek brought to the US stock and crypto markets over the last few days. The crypto market seems positive overall, and is showing signs of recovery, with Bitcoin currently hovering just below…
Bitcoin Miners Power up Kentucky as Paducah’s Utility Reaps Financial Gains
Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s Energy Economy As detailed in a report by the West Kentucky Star, Doug Handley, an executive at Paducah Power, […] Original
XRP Is The Best Looking Altcoin Chart Right Now: Crypto Analyst
Este artículo también está disponible en español. Renowned trader and market commentator Jacob Canfield (@JacobCanfield) has identified XRP as the standout performer among altcoins, sharing a price chart on X that underscores the token’s recent momentum. While most altcoins have suffered double-digit losses in recent days, the XRP price has held up exceptionally well. XRP Builds Strong Momentum The daily chart for the XRP/USD perpetual contract on ByBit reveals a steady climb from sub-$0.50 levels in early November to a current consolidation area around $3.10. The overall picture shows a…
Veiled in Dust: How Vintage Bitcoin Wallets Use Microtransfers to Test Financial Strategies
As bitcoin vaulted past $100,000, long-inactive wallets abruptly awakened, their enigmatic microtransactions igniting theories about whether elusive stakeholders are conducting trial runs or camouflaging grander financial maneuvers. Dust-Sized Bitcoin Transfers Sometimes Precede Covert Wealth Transfers Blockchain data from the past few months exposes a curious reanimation of idle coins, coinciding with bitcoin’s breach of the […] Original
ETH Faces ‘Moment Of Truth’ After Crash Toward $3,000
Este artículo también está disponible en español. Crypto analyst Max has revealed that the Ethereum price is at a critical junction, which could determine its trajectory going forward. The analyst remarked that ETH faces a ‘moment of truth’ and explained that the crypto could enter a bearish phase if it doesn’t complete a particular pattern. Ethereum Price Faces Moment Of Truth After ETH’s Crash Toward $3,000 In an X post, Max stated that the Ethereum price faces a moment of truth right here following ETH’s crash to around $3,000. The…
Sony Blockchain Empowers Crypto Users. Can These DAO Tokens 100x?
We haven’t heard much about Sony’s Layer-2 blockchain Soneium since its testnet’s introduction in 2023. Now, the company has announced a four-week contest where creators, developers, and users can explore Soneium’s capabilities. The campaign will be hosted on the Galxe platform and will focus on gaming, communication, and creativity. Sony is heavily invested in media production and distribution through Sony Pictures and Sony Music, so Soneium gives power back to artists, game developers, and fans through accessible, inclusive content. This sense of unity lies at the core of Web3 philosophy,…
Bitcoin ETFs Rebound With Modest Inflow of $18 Million
Bitcoin spot ETFs experienced a total net inflow of $18.44 million with only two ETFs seeing funds flowing in and out. Green Trading Day for Bitcoin ETFs U.S. spot bitcoin exchange-traded funds (ETFs) rebounded from the significant outflow with modest gains of $18.44 million, according to trading metrics from Sosovalue. On a quiet trading day, […] Original
CySEC Proposes Initiatives to Attract Start-ups and Bonds to Cyprus Stock Exchange
The Cyprus Securities and Exchange Commission (CySEC) has launched an initiative to enhance the Cyprus Stock Exchange (CSE) in order to restore its role as a key driver of economic development in Cyprus. A roundtable discussion on the topic, “Strengthening the Cyprus Stock Exchange,” took place at CySEC’s offices. Various stakeholders attended and presented proposals aimed at revitalising investor interest, attracting new companies, and increasing the number of investment products on the CSE. “A healthy stock exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse…
Uniswap Stays On Course For More Gains
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…