Tag: Report

Donald Trump’s Media Company in Advanced Talks To Buy Crypto Trading Exchange Bakkt: Report

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A social media company that’s majority-owned by US President-elect Donald Trump is reportedly in talks to acquire Bakkt, a crypto trading and custody firm backed by Intercontinental Exchange Inc. The Financial Times, citing “two people with knowledge of the talks,” reports that the Trump Media and Technology Group, which operates Truth Social, a microblogging platform, is in the advanced stage of talks to acquire Bakkt for an undisclosed amount in an all-stock deal. As of the market close on November 18th, Trump Media & Technology Group Corp (NASDAQ: DJT) had…

Crypto Influencer Kevin Mirshahi Found Dead in Montreal Park: Report

The 25-year-old has been missing since he was abducted along with three others from a condo in the city on June 21. The other abductees, two women and one man, were located by police hours later. In August, Joanie Lepage, 32, was charged with first-degree murder of Mirshahi and the abduction of Mirshahi and the three others. It is not known if her actions are linked to Mirshahi’s cryptocurrency ventures. Source

Bitcoin surpassed $93k after CPI report; here are 2 more macro events to watch

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Bitcoin made an impressive run after the U.S. Consumer Price Index report came as expected. But two more key events could add to the positive sentiment this week. Bitcoin (BTC) reached a new all-time high of over $93,400 hours after the U.S. CPI report was released on Wednesday. The inflation rate in the largest economy in the world increased by 0.2% year-over-year in October and reached 2.6% as expected. 🚨 BREAKING 🚨 US CPI DATA CAME IN AT 2.6% EXPECTATIONS: 2.6% — Ash Crypto (@Ashcryptoreal) November 13, 2024 The global…

Bitcoin Price Could Peak In 200 Days, Before US Recession In Mid-2025, Report Says

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Este artículo también está disponible en español. The current Bitcoin (BTC) rally could extend until mid-2025, with a potential price peak before a US recession. Bitcoin Could Peak In Mid-2025 Before US Recession A recent Copper Research report, a recent crypto research firm, posits that the leading cryptocurrency by market cap could extend its bullish momentum until mid-2025.  Related Reading As of November 13, Bitcoin is on day 555 of its current market cycle, and a price peak for the digital asset could arrive within the next 200 days. Notably, this peak…

Cardano Foundation Spent $23.7M in 2023: Financial Insights Report

“This report highlights the importance of accountability, disclosing the allocation of our resources, and how they help advance Cardano as a public digital utility across a wide range of industries. We have 100+ employees working with institutions, businesses, regulators, and policymakers to solve societal and enterprise challenges in new ways across 25 countries.” Source

Thai authorities bust illegal Bitcoin mining rigs, charge two over $280k theft: report

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Thailand charges two for stealing over $280,000 in electricity for illegal Bitcoin mining. Thai authorities have cracked down on illegal Bitcoin (BTC) mining operations, shutting down nine illicit sites and arresting two suspects on charges of electricity theft, valued at over $280,000, The Straits Times has learned. The operation, which took place in Surat Thani province, follows a growing trend of illegal crypto mining activities that have surged in the country in recent years. The investigation was triggered when a local resident reported suspicious CCTV cameras installed at a seemingly…

Italy lowers proposed crypto tax hike to 28%: report 

Italy’s government is considering lowering its proposed tax hike on crypto trades, reducing the planned rate increase from 42% to 28%. This shift comes as Prime Minister Giorgia Meloni’s coalition appears inclined to amend the tax proposal, which was initially part of October’s budget plan, to support the country’s growing digital asset sector, according to Bloomberg. Italy’s steep crypto rate increase Currently, crypto transactions in Italy face a 26% tax, but officials had proposed raising this to 42% to boost public finances.  Crypto industry executives, however, voiced concerns, arguing that…