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Trump Coin, Trump Media Shares Fall Amid Musk Feud

Trump Coin, Trump Media Shares Fall Amid Musk Feud

By Jack PitcherIt wasn't just Musk-related investments taking a hit on Thursday.Shares of Trump Media & Technology Group, the Truth Social parent company majority owned by the president, dropped 8% Thursday, extending declines as Trump and Musk feuded online in the afternoon.Meanwhile Trump Coin, th…

Circle's blockbuster IPO paves way for other crypto public listings

Circle's blockbuster IPO paves way for other crypto public listings

Stablecoin issuer Circle's $1.05 billion initial public offering on Thursday could spur other large crypto players to follow suit as the industry benefits from U.S. President Donald Trump's embrace of the sector, according to experts and analysts. Circle priced its shares at $31 on Wednesday. In…

 Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto: World Liberty Financial has issued a cease-and-desist letter over an ‘unauthorized’ Trump-branded wallet, while stablecoin issuer Circle made its NYSE debut amid surging investor demand.WLFI sends cease-and-desist letter over ‘unauthorized’ Trump wallet — ReportWorld Liberty Financi…

Trump Media seeks bitcoin ETF in latest move into crypto, with a company it's worked with before

Trump Media seeks bitcoin ETF in latest move into crypto, with a company it's worked with before

By Bill PetersTruth Social Bitcoin ETF B.T. would list on the NYSE ArcaTrump Media and Technology Group Corp. on Thursday said it had filed a registration statement for an exchange-traded fund that would directly hold bitcoin - the latest move into cryptocurrency by people in President Donald Trump'…

ECB Cuts Interest Rates Again: How Did Bitcoin React?

ECB Cuts Interest Rates Again: How Did Bitcoin React?

The European Central Bank, unlike the US Federal Reserve, has lowered the key interest rates once again, which are now down to their lowest in roughly two years.Bitcoin’s price reacted immediately with a surge of $1,000, taking it from $104,500 to $105,500.The European Central Bank cut rates and fur…

High-leverage crypto trader James Wynn loses another $25 million in partial liquidation of latest multi-million Bitcoin bet

High-leverage crypto trader James Wynn loses another $25 million in partial liquidation of latest multi-million Bitcoin bet

James Wynn, a high-stakes crypto trader who rose to prominence after placing a failed $1.25 billion bet on Bitcoin, lost about 240 BTC, worth roughly $25 million, in a liquidation event on Wednesday, according to LooksOnChain and on-chain data.Wynn also closed part of his position in an attempt to p…

World Liberty Financial airdrops USD1 tokens to WLFI token holders

World Liberty Financial airdrops USD1 tokens to WLFI token holders

World Liberty Financial, the crypto project backed by U.S. President Donald Trump, apparently distributed USD1 stablecoins to wallets that participated in the sale of the project's native token WLFI, blockchain analytics platforms Lookonchain and SlowMist reported.Late Tuesday night, a wallet identi…

4 US Economic Indicators With Crypto Implications This Week

4 US Economic Indicators With Crypto Implications This Week

Crypto markets have several US economic indicators to monitor this week that could influence their portfolios.This comes amid the growing influence of US economic data on Bitcoin , making it vital that traders and investors brace for impact.US Economic Data to WatchInvestors looking to capitalize on…

Global Markets, U.S. Futures Lower on Trade Tensions

Global Markets, U.S. Futures Lower on Trade Tensions

By Dow Jones Newswires StaffGlobal stocks and U.S. futures started the new month lower after President Trump threatened to double tariffs on steel and aluminum, and trade tensions escalated between China and the U.S.Late Friday, Trump said he would increase tariffs on steel and aluminum up to 50%, s…

$100K retest vs highest monthly close ever: 5 things to know in Bitcoin this week

$100K retest vs highest monthly close ever: 5 things to know in Bitcoin this week

Bitcoin starts June with BTC price action in a dangerous place. Can buyers preserve key bull market support levels?Bitcoin traders are gearing up for fresh volatility as the highest-ever monthly close contrasts with increasing bets of a $100,000 retest.Labor market weakness and Fed policy are back …

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, exchange MEXC reports a 200% spike in fraud attempts during Q1 2025. NFT marketplace OpenSea rolls out a new platform and the US Securities and Exchange Commission has dropped its lawsuit against Binance.MEXC exchange detects 200% surge in fraudulent activity in Q1The MEXC crypto ex…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, non-fungible token (NFT) marketplace OpenSea has launched its new platform, OS2, the United States Securities and Exchange Commission (SEC) dropped its lawsuit against Binance, and the US Congress has introduced a comprehensive bipartisan crypto market structure bill.OpenSea expands…