Trump Media & Technology Group Corp DJT surged 7.66% pre-market on Tuesday after announcing a deal with Crypto.com to launch exchange-traded funds (ETFs). The move marks another brand licensing play for President Donald Trump , echoing his past business ventures.
Shares of Trump Media jumped in after-hours trading on Monday after the president's social media company announced an agreement with Crypto.com to launch ETFs and related products. The arrangement mirrors Trump's licensing deals, in which other companies roll out products using the Trump brand.
Trump Media & Technology Group said on Monday it is partnering with Crypto.com to launch exchange-traded funds and exchange-traded products through its Truth.Fi brand.
Shares of crypto miners, including those residing in ETFs like the CoinShares Valkyrie Bitcoin Miners ETF (WGMI), often see their price action dictated by bitcoin, but there are other factors at plays. One factor is the regulatory environment.
Crypto has again gripped investors, with the asset class going on a massive run over the past year.
Swiss National Bank President Martin Schlegel discusses the central bank's decision to lower its benchmark rate by a quarter point to 0.25%, as well as the potential risks that geopolitical and fiscal uncertainty could have on the Swiss economy. He also talks about the SNB's lack of intervention in foreign exchange markets in 2024, potential tariffs coming from Donald Trump's administration, and gold.
President Donald Trump's plans to create a strategic crypto reserve generated sector tailwinds earlier this month.
Steven Larsen talks about the bullish thesis for bitcoin as the U.S. government establishes a strategic reserve. He says the cryptocurrency needs to establish a base case for how it will play a role in the government moving forward.
The latest inflation report was, thankfully, slightly better than expected. The Consumer Price Index rose 2.8% annually in February, less than the 3% that some economists were estimating.
CoreWeave, which provides computing power for A.I., was founded by three Bitcoin enthusiasts.
Crypto-centric stocks like NVDA, HOOD, IBKR and V are poised to benefit when the next Bitcoin rally resumes.
The cryptocurrency market is officially crashing as marketwide bearish sentiment triggers a sell-off among speculators. While the current cryptocurrency crash has been bad news for tokens and blockchain stock values, some investors are taking it as an opportunity to add high-tech holdings to their portfolios.