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Trump Media’s shares finished up 5.5% on Wednesday, outperforming the Nasdaq, on which the company is listed. Trump Media and Technology Group (TMTG), majority-owned by US President Donald Trump’s family, has filed for two artificial intelligence (AI) trademarks tied to a planned feature on the Truth Social platform. “Truth Social AI” and “Truth Social AI…
Brandon Lutnick’s Cantor Fitzgerald is nearing a big Bitcoin acquisition through a SPAC merger, targeting 30,000 BTC from Blockstream Capital. American financial services firm Cantor Fitzgerald is reportedly planning to acquire more than $3.5 billion worth of Bitcoin from Adam Back’s Blockstream Capital. Brandon Lutnick, the 27-year-old son of US Commerce Secretary Howard Lutnick, is…
House Speaker Mike Johnson says he’ll look to move forward with three crypto bills on Wednesday after some Republican lawmakers pulled support over wanting a CBDC ban. The US House is set to try to move forward three crypto bills again on Wednesday after canning a re-vote on Tuesday as multiple Republican lawmakers pulled support,…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Republicans suffered their first setback in Congress on crypto legislation, Bitcoin-powered darknet marketplace Abacus Market has gone offline amid suspected law enforcement pressure, and…
Lader was one of the early names leave traditional finance to work in the crypto space. Mary-Catherine Lader, president and chief operating officer of Uniswap Labs, has reportedly resigned after four years with the company. According to a Bloomberg report on Tuesday, Lader will stay in an advisory role before moving on to her next…
Wynn previously claimed that his leveraged positions were deliberately “hunted” by crypto market makers looking to sink Bitcoin’s price below his liquidation threshold. Multimillionaire cryptocurrency trader James Wynn returned despite numerous previous liquidations, signaling renewed confidence in Bitcoin’s near-term upside momentum. Wynn returned with two new leveraged positions, including a 40x leveraged Bitcoin (BTC) long…
MARA Holdings has acquired an equity stake in Two Prime, which includes an allocation of 2,000 BTC for its yield strategy. Bitcoin mining company MARA Holdings has completed a minority acquisition of Two Prime, an institutional investment adviser managing $1.75 billion in assets, in a deal that significantly increases the amount of BTC Two Prime…
Hungary has updated its Criminal Code, imposing potential prison sentences for those using or running unauthorized crypto exchanges. Hungary has passed laws that could slap individuals trading crypto using an unauthorized crypto exchange with prison. Those who use a so-called “unauthorized crypto-asset exchange service” could face up to two years in prison with penalties increasing…
Launched in November 2024, the USDG stablecoin has a total circulating supply of around $356 million. Crypto exchange OKX has joined the Global Dollar Network, a consortium promoting Paxos’ relatively smaller USDG stablecoin, in a move the exchange says could help accelerate adoption of a regulated US dollar-backed stablecoin. By joining the network, OKX’s 60…
Crypto exchanges listed the TRUMP memecoin four days after its launch on average, compared to 129 days for other major memecoins, Reuters found. US President Donald Trump’s cryptocurrency venture, the Official Trump (TRUMP) memecoin, has generated multimillion-dollar gains for crypto exchanges, in addition to profits for its creators. Launched just about six months ago, the…