Trump Media & Technology Group, the company that owns President Donald Trump’s Truth Social platform, announced plans Tuesday to buy about $2.5 billion in cryptocurrencies to create what it calls a “bitcoin treasury.” The company plans to raise the money by selling $1.5 billion in common stock and $1 billion in convertible debt to 50
Last night, Donald Trump hosted 220 of the biggest suckers you know for dinner. As part of a promotion for his cryptocurrency memecoin $TRUMP, the President of the United States let the top bag holders of his coin come hang out, including offering a private VIP reception with the 25 biggest “investors.” According to the
Ripple builds on the Dubai regulatory license, partnering with Zand Bank and Mamo to offer blockchain-based payment services. Zand Bank believes collaborating with Ripple will enhance its global payment solutions, with an AED-backed stablecoin. XRP faces steep downside risks, especially if price break below the 50-day EMA, potentially dropping to $2.00. Ripple (XRP) price hovers at
Ripple’s (XRP) ETF Hype and Ethereum’s (ETH) Pectra Upgrade Are Just a Distraction, Here’s Why Rexas Finance (RXS) Is the True Winner in 2025 Ripple’s ETF buzz and Ethereum’s upgrade chatter might be dominating crypto conversations. However, they are not where the real opportunity lies. While traders wait on regulatory green lights and network tweaks,
The addition is considered a major milestone for crypto stocks. The S&P 500 added a new member to its ranks, Coinbase Global (NASDAQ: COIN), the leading platform for cryptocurrency trading. Coinbase will start trading on the S&P 500 on May 19. It will replace Discover Financial (NYSE: DFS), the credit card company that is set
Cryptocurrencies gained 2% on Tuesday, pushing the aggregate market cap above the $3.5 trillion mark. BTC price rose 2% to reclaim the $104,400 level after Monday’s profit-taking frenzy led to a drawdown to $101,368. Ethereum, Solana and Dogecoin emerged as the top performers among the top 10 ranked assets. The global crypto market capitalization rose
XRP price gradually extends gains as the cryptocurrency market holds steady. XRP holds above critical support at $2.22, strengthened by the 100-day EMA. A breakout from the descending channel could spark significant bullish momentum, potentially driving a rally past $3. The surge in long-position liquidations while Open Interest remains unchanged signals declining interest and a
Cryptocurrency market capitalization reclaimed the $3 trillion mark on Monday, erasing mild losses from the weekend. Bitcoin price broke above $95,000 as markets anticipate crypto updates in Trump’s 100-day speech. Monero price jumps 50% on bullish tailwinds following a controversial $333 million transaction. XMR has emerged as the most-searched token on Coingecko, indicating increased investor
XRP climbs on Monday as traders digest the news of the SEC’s approval of ProShares XRP futures ETFs and their debut later this week. Bitcoin hovers around $95,000 amidst a market-wide recovery in crypto prices. Ripple President Monica Long killed the speculation surrounding an IPO. XRP climbs over 3% on Monday, hovering around $2.33 at
Market picture The crypto market capitalisation has been hovering around $2.97 trillion since the end of last week. The market has recovered to its 200-day moving average, but is hesitant to overcome it, as we see in the case of Bitcoin. The sentiment in the markets is neutral. It seems that players prefer to move