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Author: Vickie Helm
Key Highlights The Trump Media & Technology Group (TMTG) is currently engaged in negotiations to purchase the cryptocurrency exchange Bakkt through an all-stock transaction. This move would enhance Trump’s foothold in the crypto sector, coinciding with the recent rise in bitcoin prices following his election victory. Share this article According to reports from the Financial Times, TMTG, which oversees Truth Social and boasts a stock market valuation of $6 billion despite generating only $2.6 million in revenue this year, plans to fund the acquisition using its stock. This strategy is indicative of TMTG’s ambition in the cryptocurrency space. This acquisition…
Open this photo in gallery:Without effective higher government regulations, the rise of Bitcoin could lead to serious concerns regarding financial stability and consumer safety. A man observes Bitcoin transactions during a recruitment event in Nuevo Cuscatlan, El Salvador, on November 16.Jose Cabezas/ReutersIn the week following Donald Trump’s announcement as the winner of the US presidential election, Bitcoin’s value surged by 35%, reaching approximately $130,000. The crypto community is abuzz with excitement, buoyed by Trump’s re-election and the increasing presence of pro-crypto lawmakers in both the Senate and House of Representatives.Many are envisioning a time when Bitcoin transitions into a commonly…
Disclosure: The perspectives and opinions presented in this article are exclusively those of the authors and do not reflect the views or opinions of crypto.news editorial. The rapid embrace of blockchain technology and cryptocurrencies is astonishing, with more than 560 million people engaging in the crypto market this year. This unprecedented growth signifies the dawn of a new financial landscape. However, it also underscores the critical need for improved transparency and accessible education in this evolving sector. Trust in any financial system relies heavily on transparency. Traditional financial markets benefit from regulatory structures that guarantee investors receive accurate and timely…
The Cardano Foundation, the nonprofit that drives the Cardano platform forward, has published its financial report for 2023, highlighting its expenditure in three main sectors. This Financial Insights Report marks the first of its kind for the foundation, reinforcing its commitment to transparency and accountability. The report reveals that the bulk of the Cardano Foundation’s funds were dedicated to three primary focuses: adoption, education, and operational sustainability. This document was released alongside the foundation’s earlier 2023 Activity Report, providing a comprehensive overview of its actions and priorities. Cardano’s Expenditure Reached $23.77 Million Last Year As per the disclosed figures by…
Disclosure: The opinions expressed in this article are those of the authors and do not reflect the views of crypto.news editorials. The topic of election integrity has sparked heated debates as we approach the 2024 presidential election. Despite the controversies, now is an ideal moment to assess the voting systems utilized throughout the nation to reduce any uncertainty regarding election integrity, regardless of political affiliation. Recent Gallup data reveals a concerning trend: the number of Americans expressing “no confidence” in the accuracy of their votes has jumped from 6% in 2004 to 19% today. This rise is largely driven by…
Consulta la última información en español. XRP is currently making headlines in the crypto market, experiencing notable price surges that have drawn considerable interest from investors. Recently, a cluster of wallets—known as Whale and Shark wallets—that each contain a minimum of 1 million XRP, saw their holdings soar to an impressive high of 45.61 billion tokens, the most significant level since 2018. Libros relacionados This surge in accumulation points to a resurgence of confidence among affluent investors, who appear to believe that XRP has even greater potential for growth. Data from Santiment reveals that these major holders have acquired a…
Goldman Sachs, a prominent player in the banking sector, has recently made significant investments in Bitcoin ETFs (exchange-traded funds). This marks a notable turn from their previous skepticism toward Bitcoin, as the firm embraces cryptocurrency investments, particularly in Bitcoin, which holds the top position in terms of market capitalization. Goldman Sachs Invests $461 Million in BlackRock Bitcoin ETF On November 14, Goldman Sachs revealed an impressive portfolio worth approximately $718 million spread across eight Bitcoin ETFs in a filing submitted to the U.S. Securities and Exchange Commission (SEC). The firm’s latest quarterly report indicates a substantial growth of $300 million…
This week in the African Crypto Review, Jack Dorsey is making his way to a cryptocurrency event in Kenya. Meanwhile, South Africa might be a refuge for the notorious OneCoin crypto queen, and Algorand is making significant strides in Nigeria. Explore these developments and more in Crypto Africa. The cryptocurrency landscape is thriving, with Bitcoin reaching impressive new milestones this past week. Recent news from Kenya, South Africa, and Nigeria highlights substantial growth in the continent’s trade and development sectors. Let’s delve into some notable updates. Jack Dorsey, the former CEO of Twitter and a notable figure in the tech…
Disclosure: The opinions expressed here are exclusively those of the authors and do not necessarily reflect the views of crypto.news editorial team. In the United States, a staggering 92% of adults express fears over their privacy while browsing online. This growing anxiety stems from recent high-profile data breaches and concerns surrounding Big Tech’s monetization of personal data, which have eroded user trust. This concern has intensified with the emergence of opaque artificial intelligence systems and shifting sociopolitical dynamics. The Regulatory Shortfall The European Union’s General Data Protection Regulation (GDPR) of 2018 was a landmark moment in privacy legislation, providing robust…
Disclosure: This article is not intended as investment advice. All content and materials on this page serve educational purposes solely. As Solana and Toncoin thrive, AI-driven tokens are merging artificial intelligence with blockchain technology, promising a staggering 5,000% rise by 2025. While notable cryptocurrencies like Solana and Toncoin continue to lead the market, new AI-enhanced tokens are set to emerge with projections indicating a growth of 5,000% by 2025. This new form of digital currency intertwines artificial intelligence with blockchain, suggesting a revolutionary opportunity for investors. Is this the moment to transform the landscape of cryptocurrency? CYBRO Pre-Sale Surges Past…