Trump Media Makes Moves On Bitcoin And Smartphone – What’s Next?
A new filing shows Trump Media & Technology Group moving into both crypto and telecom markets. The company behind Truth Social and Truth+ has asked the US Securities and Exchange Commission to register a Bitcoin and Ethereum ETF, according to reports. At roughly the same time, it unveiled plans for a $499 Trump‑branded smartphone and service plan. Related Reading: Record‑High Ethereum Open Interest Signals Institutional Confidence Truth Social Bitcoin And Ethereum ETF According to the registration statement dated June 16, the proposed ETF would hold 75% of its assets in Bitcoin and the....
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President Donald Trump’s social media company, Trump Media & Technology Group (TMTG), has announced plans to invest in the market’s leading cryptocurrency Bitcoin (BTC) on Tuesday. According to a report by Politico, the company, which oversees the Truth Social platform, has secured commitments from approximately 50 large investors to raise $2.5 billion through a combination […]
Trump Media and Technology Group, the parent company behind Truth Social, has now completed a $105 million purchase agreement with popular digital exchange Crypto.com. This development follows the previous announcement of the Trump Media Group CRO Strategy Inc. to build a $6.42 billion CRO treasury. Related Reading: Bitcoin Buying Frenzy Ahead As Eric Trump Predicts […]
The Philippines continues to be one of bitcoin’s most promising countries, posting a 20 percent growth in smartphone shipments for Q1 2016. That figure makes it the fastest-growing smartphone market in Southeast Asia. According to IDC and TechinAsia reports, Philippines’ statistics come at a time when other countries in the region experienced lackluster....
Eric Trump returned to social media this week with a short, blunt message for crypto investors: “Buy the dips!” Related Reading: When Will XRP Reach $25? Bitcoin Investor Shares A Bold Prediction According to his post on X, the repeated slogan arrived as Bitcoin and Ethereum were under selling pressure, and it drew quick attention from traders and analysts alike. Trump’s Crypto Footprint Based on reports, Eric Trump’s comments come as the Trump family’s business moves into the crypto sector in a bigger way. He and his brother backed American Bitcoin, and their stake in that company....
Eric Trump has told media he is working to turn at least one Trump family property into tradable tokens that retail investors can buy. Related Reading: Crypto Gets An Address: New York City Unveils US’ 1st Official Crypto Office Based on reports, the plan would let people own small pieces of a building instead of […]