Trump Media’s $2 Billion Bitcoin Buy Sparks Surge In Stock Price

Trump Media experienced a notable uptick in its stock price (DJT) on Monday, closing up 3% after an intraday rise exceeding 5% to reach $19,25 per share. This surge followed the company’s announcement that it had invested $2 billion in Bitcoin (BTC). Two-Thirds Of Assets To Bitcoin Treasury The media group, which encompasses President Donald Trump’s social media platform Truth Social, the streaming service Truth+, and the financial services brand Truth.Fi, revealed that the recent cryptocurrency purchases align with a strategy initially outlined in May to establish a Bitcoin treasury. …

The Crypto Market Is Completely Out Of Control

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What’s Next for Bitcoin? Argentina’s Solana Memecoin Get’s Worse.. 🟡 Try Bitunix to long or short crypto! No KYC: Use Code ‘AltcoinDaily’ for up to $5,500 USDT Trading Bonus! 🔴 Best Crypto Exchange to Buy & Trade Altcoins: 💰Grab up to $30,050 worth of deposit bonuses ☝️ 🟠 Join us at Bitcoin Conference 2025: Use Code: “ALTCOINDAILY” for 10% off your ticket. 🎟️ Grab a Ticket to Rare Evo Conference: 🟠 Altcoin Daily in Spanish: Follow Altcoin Daily on X: Follow Altcoin…

Brian Quintenz Suddenly Dropped From CFTC Chair Nomination Vote Roster

Brian Quintenz, former commissioner at the U.S. Commodity Futures Trading Commission (CFTC) and current head of policy at the crypto arm of prominent venture capital firm Andreessen Horowitz, has unexpectedly disappeared from the vote roster, according to Lydia Beyoud of Bloomberg. Quintenz had been nominated to lead the commission by U.S. President Donald Trump, but […] Source CryptoX Portal

Spot Bitcoin ETFs End 12-Day Inflow Streak with $131M in Outflows

Spot Bitcoin exchange-traded funds (ETFs) registered a net outflow of $131.35 million on Monday, marking the end of a 12-day streak that attracted $6.6 billion of inflows. The largest outflow was from ARK Invest’s ARKB, which shed $77.46 million in a single day. Grayscale’s GBTC followed with $36.75 million in outflows, while Fidelity’s FBTC lost $12.75 million, according to data from SoSoValue. Bitwise’s BITB and VanEck’s HODL also posted moderate outflows of $1.91 million and $2.48 million, respectively. BlackRock’s IBIT, the largest fund by net assets ($86.16 billion), saw no…

Deep sea mining: What’s the true cost of renewable energies? | DW Documentary

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The idea is that electric cars, solar panels and wind turbines will reduce our consumption of coal, oil and gas. However, these technologies rely on many raw materials present below the seabed. The race for deep sea resources has begun. The immense demand for metals such as nickel, cobalt and copper for electromobility and alternative energy sources has so far largely been met in the Global South – in Africa, Asia and Latin America. But these deposits aren’t enough. Attention is now…

Latam Insights Encore: El Salvador’s IMF Bitcoin-Fueled Defiance Was a Fugazi

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Salvadoran government’s confusing communication policy has led to a decline in its standing within the bitcoin community. Latam Insights Encore: El Salvador Bitcoin Allegiance Is No More, Bitcoin Purchases […] Original

Cathie Wood Pivots ARK Funds To Ethereum Treasury Strategy

ARK Invest founder and CEO Cathie Wood is tweaking the firm’s fund portfolios, shifting some crypto and fintech shares in a pivot to an Ethereum treasury company chaired by Fundstrat’s Tom Lee. Cathie Wood’s ARK Innovation ETF, Next Generation Internet ETF and Fintech Innovation ETF have sold 218,986 Coinbase (COIN) shares worth around $90.5 million and 463,293 shares in gaming firm Roblox (RBLX) worth $57.7 million, according to a daily trading update on Monday.  At the same time, the three funds purchased 4.4 million shares of Tom Lee’s Ethereum treasury…

Eric Trump Gloated On X As His 5 Month Old Prediction Came True.

US President Donald Trump’s son Eric Trump took to X on Monday to gloat as Ether surpassed $3,800 amid a month-long rally. “How am I doing now @TedPillows?” Trump wrote on Monday, replying to a three-month-old X post from Ted Pillows, a partner at crypto exchange OKX who mocked Trump in April after the price of ETH fell in February and March. “Up 35% in 5 months, Pal. Embrace volatility,” he told another user who also mocked him over Ether’s market dip earlier this year. “If you were smart you…

Bit Origin Buys 40 Million Dogecoin As Part of Crypto Pivot

China-based pork processing company and Bitcoin miner Bit Origin has officially kicked off its crypto treasury initiative with its first acquisition of 40.5 million Dogecoin.  In a statement on Monday, the company said the Dogecoin (DOGE) buy was the “first strategic acquisition” under its digital asset treasury initiative, supported by a share sale and debt offering that aimed to raise $500 million. At an average price of $0.24 per coin, Bit Origin would have spent around $9.9 million on its recent Dogecoin acquisition. The token is currently trading at $0.26,…