The post Trump Media Launches $2.5 Billion Plan to Build Bitcoin Treasury appeared first on Coinpedia Fintech News Trump Media has announced a $2.5 billion plan to build a Bitcoin treasury reserve. This move aims to strengthen the company’s financial position by investing in the popular cryptocurrency. By creating a Bitcoin reserve, Trump Media hopes […]
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Tesla’s electric vehicle (EV) sales in Europe plummeted by nearly half in April, underlining the growing challenges the company faces in one of the world’s key automotive markets. Tesla sold 7,261 vehicles in Europe in April, marking a 49% decline compared to the same month last year, according to the European Automobile Manufacturers’ Association (ACEA). […]
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The crypto market is gaining today, May 7, ahead of the FOMC meeting in which Fed Chair Jerome Powell is expected to announce an interest rate decision. The market has already priced in zero rate cuts, and the focus is on Powell’s speech and whether he will signal cuts in June. If the Fed Chair […]
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A deeper dive into the earnings release that Advanced Micro Devices (NASDAQ: AMD) posted last night suggests the semiconductor stock may be worth owning at current levels, according to a BofA analyst. AMD earned 96 cents on a per-share basis on $7.44 billion in revenue in its fiscal Q1, with both numbers coming in handily […]
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The Rolls-Royce share price continues to power ahead, and is nearing the all-time high of 811p. It has jumped to 777p, up from the April 7 low when Donald Trump unveiled his reciprocal tariffs. This article explores a potential catalyst for the stock, and whether it will jump to 1,000p. Rolls-Royce Holdings could see China […]
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India’s equity markets experienced a volatile but ultimately resilient session on Wednesday following the announcement of significant military action against Pakistan. While benchmark indices opened sharply lower in immediate reaction to news of India’s retaliatory strikes, known as ‘Operation Sindoor’, they quickly pared losses, suggesting investors, while watchful, were not panicking about the escalation. The […]
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Over the past week, Tether has been on a strong USDT minting spree, adding $8 billion worth of stablecoins over the past eight days on the Tron and Ethereum blockchain networks. This fresh supply of USDT stablecoins can provide fresh ammunition for the broader crypto market rally, helping it break out of the current consolidation […]
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Amidst increasing debate over stablecoin regulation in the United States, Coinbase CEO Brian Armstrong is calling for key reforms to the proposed GENIUS Act. Reportedly, he argues that the current legislation unfairly restricts stablecoin issuers from paying interest to users and stifle innovation in the crypto space. As Congress is currently navigating the complex landscape […]
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The US state of Florida has removed two bills relating to Bitcoin reserve from the crypto-legislative process, which could be a major blow to America’s ambitious crypto reserve plans. House Bill 487 and Senate Bill 550, proposals aimed at creating a state-held Bitcoin fund, will not move forward for an indefinite period. Florida Says No […]
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After a massive plunge, the time for meme coins to hold has returned as Donald Trump is fully focused on crypto. During his election time, Trump had promised to make crypto made in America, and a significant development is being made in the current time, especially as he has recently hosted ‘Crypto & AI Innovators […]
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