November 18, 20240 Comments

Trump Media & Technology Group in talks to buy Bakkt: FT By Investing.com

Investing.com –Donald Trump’s social media company, Trump Media & Technology Group is advanced discussions to buy digital asset marketplace Bakkt in an all-stock deal, the Financial Times reported on Monday, citing people familiar with the matter. Trump’s Truth Social platform-parent Trump Media & Technology Group , which as been seeking to diversify its offerings beyond social media, recently launched crypto venture, World Liberty Financial.  President-elect Trump has previously positioned himself as pro-cryptocurrency on the

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November 18, 20240 Comments

Tether Announces New Investment to Support Upcoming Launch of ‘Milestone’ Stablecoins

USDT-issuer Tether is investing in Quantoz Payments to launch new Markets in Crypto-Assets Regulations (MiCAR)-compliant stablecoins in the European markets. According to a new Tether announcement, the crypto firm says its launching two new stablecoins, EURQ and USDQ, via Tether’s Hadron platform. Says Tether, “These stablecoins represent a significant milestone in advancing grassroots-regulated digital asset solutions in Europe. Quantoz’s decision to leverage Hadron by Tether is a key proof point

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November 18, 20240 Comments

Solana Memecoin Rips 1,603% in November As Binance Announces Suprise Support

One Solana (SOL)-based memecoin is going parabolic after earning sudden support from Binance, the world’s largest crypto exchange. Binance announced futures contracts in the USDT trading pair support for Comedian (BAN), which soared to a new all-time high of $0.378 on Monday. BAN has since retraced and is trading for $0.292 at time of writing, up more than 1,600% from its low in early November of $0.017. With a market

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November 18, 20240 Comments

Will Shiba Inu Price Follow XRP’s Path Above $1 In 2024?

Shiba Inu (SHIB), a leading meme coin, has gained significant traction with a 30% price surge over the past month. Over the last year, SHIB experienced an impressive 181% growth, bolstering investor optimism. Despite minor market corrections, SHIB’s strong momentum highlights its potential for further gains in 2024. Analysts speculate SHIB might replicate XRP’s path, potentially exceeding the $1 mark. Positive market sentiment and growth trends suggest promising opportunities for

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November 18, 20240 Comments

Donald Trump’s Media Firm in Talks to Acquire Crypto Platform Bakkt

Donald Trump’s social media company, Trump Media and Technology Group, is in advanced discussions to buy Bakkt, a cryptocurrency-trading platform that is part of Intercontinental Exchange. The would-be all-stock deal fits TMTG’s plans to expand from its Truth Social platform. Shares of Bakkt jumped nearly 66% on the news before a halt was implemented due to volatility. This would also represent a significant expansion for TMTG into the cryptocurrency space,

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November 18, 20240 Comments

Pro-XRP Lawyer Provides Timeline For US SEC Approval

Pro-XRP lawyer Jeremy Hogan has provided insights into the potential timeline for the approval of an XRP exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). In a recent post on X (formerly Twitter), Hogan stated that the average timeframe for ETF approval ranges from six to twelve months. Based on this estimate, a decision on the XRP ETF application could be expected by mid-2025 if the SEC’s

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November 18, 20240 Comments

Netflix stock recovers from losses after technical glitches disrupt the Jake Paul, Mike Tyson boxing match

Netflix (NFLX) shares recovered from earlier losses on Monday after the streaming giant’s highly anticipated boxing event between heavyweight champion Mike Tyson and YouTube personality Jake Paul experienced technical glitches throughout the live broadcast. The issues have sparked concerns about the company’s ability to deliver other types of live programs, especially with the upcoming NFL Christmas Day games in just over a month. Customers complained about buffering disruptions and streaming

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November 18, 20240 Comments

British Airways flights delayed due to ‘technical issue’

British Airways passengers are stranded on the tarmac in multiple airports in the UK and internationally after a “technical issue” disrupted operations. The problems started at around 17:00 on Monday, with passengers posting to social media that they were standing in the cold waiting to find out what was happening to their flights. British Airways has confirmed there is a problem affecting some of its computer systems that is causing

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November 18, 20240 Comments

LeBron James’ SpringHill agrees to merge with Kardashians producer Fulwell 73

LeBron James, right, and Maverick Carter participate in a Q and A after the premiere of the STARZ original series “Survivor’s Remorse” in Los Angeles. Matt Sayles | AP Los Angeles Lakers star LeBron James’ entertainment business, SpringHill Co., has agreed to a merger of equals with Fulwell 73, the British television, film and music production company behind shows including “The Kardashians” and “Carpool Karaoke.” The deal was spearheaded by

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November 18, 20240 Comments

Bitcoin ETF (BTC) Options Could Come Tomorrow

“Our intent at Nasdaq is to list and trade these options as early as tomorrow,” Alison Hennessy, head of ETP listings at Nasdaq, told Bloomberg TV. “Getting these options listed on IBIT into the market I think will be very exciting for investors because that’s really what we have heard from them.” Source link

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