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Showing posts with the label investors

Here’s why Trump Media stock price is soaring today

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 Trump Media (NASDAQ: DJT) surged at the opening bell on Monday after announcing that its Bitcoin treasury program has swelled to approximately $2 billion in combined holdings of Bitcoin and Bitcoin-related securities. The company, which operates Truth Social, revealed in a press release that the crypto-heavy strategy now accounts for roughly two-thirds of its $3 billion in liquid assets. In addition to direct Bitcoin exposure, Trump Media has allocated $300 million for purchasing options tied to Bitcoin-linked equities, which it may eventually convert into spot Bitcoin depending on market conditions. DJT shares rose 8.73% pre-market, jumping from Friday’s close of $18.67 to $20.30 on the news. The market reaction reflects growing investor confidence in the company’s aggressive move into digital assets, which aligns closely with President Trump’s broader push for the United States to become a global crypto leader. Trump Media price at market open. Source: Google Financ...

EXCLUSIVE: SafeMoon liquidity spending 'good business,' says defense

Defense attorneys in the criminal fraud trial of John Karony neared the end of their case on Tuesday. The former SafeMoon CEO is accused of misrepresenting SafeMoon to investors, including by secretly withdrawing funds from SafeMoon liquidity pools and using them for personal purchases, including cars and real estate. The day ended with the news that Karony may testify in his own defense starting later today. That decision will be made tonight and may be shared publicly on the case docket. His defense strategy remains focused on characterizing Karony’s use of funds from the SafeMoon liquidity pool as being in line with public statements. The day’s most colorful witness, Nicholas Ranalli, a factory worker from Canada, testified to his awareness that the SafeMoon liquidity pool was not entirely “locked,” and that he felt its use for development and operating expenses was acceptable to him as an investor. “I figured that would be obvious,” Ranalli said of the spendin...

Shiba Inu's Future If Bitcoin Soars to $2.4M

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What could happen to Shiba Inu if Bitcoin hits $2.4M? IntoTheBlock demonstrates that Shiba Inu follows Bitcoin by an 82% correlation at this time. The close level of price correlation between SHIB and Bitcoin indicates that SHIB could trim off another zero from its value if Bitcoin reaches its ambitious target price of $2.4M according to Ark Invest. The future of Shiba Inu depends highly on Bitcoin’s performance since many experts speculate what would happen to the popular meme coin if Bitcoin achieves its ambitious $2.4M price point. Also Read: China Exempts Key U.S. Goods From 125% Tariff—What’s on the List? What Happens to SHIB If Bitcoin Hits $2.4M? Price, Market, Risk Source: Watcher Guru Ark Invest’s Bold Bitcoin Prediction Ark Invest recently surprised the entire crypto community with an updated Bitcoin price prediction for 2030. The multi-billion-dollar asset manager basically forecasts that Bitcoin might reach about $500,000 in a bear scenario, around $1.2 million a...

Tesla (TSLA) Q1 Earnings Loom: What Should You Expect?

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Tuesday is set to be a monumental day for one of Wall Street’s most troublesome stocks of 20225. Indeed, EV manufacturer Tesla (TSLA) is set to release its Q1 earnings, with traders anxious about what to expect from the pivotal data. IT isn’t alone, with Alphabet (GOOGL) also set to release notable earnings data this week. The arrival of the important metrics will give investors greater insight into the state of the company’s stock. Specifically, it will clarify if the ongoing backlash facing the company will affect its financials and bottom line. So, the question is, what should investors expect in a year of so much uncertainty? Source: Market Watch Also Read: Tesla (TSLA) Stock Close to Being Best Deal on Wall Street: Here’s When to Buy Tesla Earnings Report Looms in Major Day For Wall Street For many of the top tech stocks, 2025 has been a year of volatility. However, that statement may not be truer for any company as much as it is for Tesla. To this point, the unex...

Here's Why Bitcoin (BTC) Might Crash Below $65,000

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Bitcoin (BTC), the world’s largest cryptocurrency, emerged as the top performer of the past year. The king coin managed to go from trading at a low of $49,121.24 all the way to its all-time high of $109,114.88. Crossing the $100,000 mark was a prominent milestone for BTC investors. This caused the entire globe to view the market in a different way. But BTC was seen struggling following a recent correction. While the market is adjusting to the asset’s current downtrend, BTC could witness another crash. Also Read: De-dollarization and the Digital Currency Battle: Why Gold-Backed Stablecoins Could Replace the USD Peter Schiff Sees Bitcoin Crashing with Nasdaq’s Fall Source: Watcher Guru The price of Bitcoin might be significantly impacted by a Nasdaq decline, according to economist Peter Schiff. The gold advocate has given a dire warning about the king coin’s future. Schiff took to X and said, “ The NASDAQ is down 12%. If this correction turns out to be a bear marke...

US SEC Says Meme Coins Like Dogecoin And Shiba Inu Are Not Securities In Landmark Shift For Crypto

The US Securities and Exchange Commission (SEC) said that meme coins like Dogecoin and Shiba Inu are not securities, marking a landmark regulatory shift for the crypto industry. The agency’s decision, outlined in a Feb. 27 statement, says meme coins are “akin to collectibles” rather than financial instruments subject to securities laws. “A meme coin is not itself a security,” the regulator said in a statement. ”Meme coins typically are purchased for entertainment, social interaction, and cultural purposes, and their value is driven primarily by market demand and speculation. In this regard, meme coins are akin to collectibles. Meme coins also typically have limited or no use or functionality.” The SEC’s guidance highlights a broader shift in US crypto regulation under the pro-crypto Trump administration, marking a departure from the regulation-by-enforcement approach of former chair Gary Gensler. “This is HUGE,” said The Ko...

Pi Coin Recovers From Crash, Doubles in Price Rising 165%

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Pi Network Coin plunged 65% minutes after its launch on Thursday causing millions in losses to investors. However, the token rebounded in the charts and surged more than 100% during the weekend doubling investor’s money in a short period. It had fallen to a low of $0.65 and is now hovering at the $1.61 mark in the indices. It surged close to $1 during the weekend in a remarkable turn of events. Also Read: A Hidden Fed Decision? Why XRP, XLM, and HBAR Could Be at the Center of It Source: Coingecko Traders who held on to their positions without fearing the crash and jumping ship are now sitting in massive profits. Their portfolios have more than doubled in less than a week and Pi Coin is now among the top-performing assets in the broader cryptocurrency market. If you had invested $1,000 on its launch day on February 20, it would have turned into $2,650 on Monday. Also Read: Gold Prices Hover Near Record Peak Source: Coingecko How High Can Pi Coin Reach? Source: X / Pi Core Team Lead...

Tron Price Prediction: How High Will TRX Surge During The End

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While Justin Sun’s Tron (TRX) was the talk of the town for several years, the advent of new assets put TRX in the backseat. But the altcoin was seen making a major comeback. Despite its price rut for years, TRX has managed to remain within the top 10. With a market cap of $20.6 billion, the asset stands as the 10th largest cryptocurrency in the market. Amidst this, TRX’s price took a huge dip. The real question is if the altcoin can recover by the end of the month. Also Read: Stock Market Volatility Increases as Fed Holds Ferm on Interest Rates How Is Tron’s TRX Faring At the Moment? Source: Coin Culture TRX was among the assets that encountered a drop in price over the past 24 hours. At the time of writing, the cryptocurrency was trading at $0.2393 after recording a daily dip of 1.65%. The altcoin was trading at a high of $0.2436 just earlier today before dropping to a low of $0.2378. Source: CoinMarketCap Similar to an array of assets, Justin Sun’s TRX pocketed...

Nvidia: Is NVDA The Best Magnificent Stock to Buy This Month?

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The US stock market got off to a little bit of a slow start in February. Indeed, rising geopolitical tensions and growing competition in the AI sector have led investors to be increasingly more selective in their approach. Yet, despite some recent challenges, is Nvidia (NVDA) still the best Magnificent Seven stock to buy this month? The stock has long been one of the biggest winners of the ongoing AI rush that dominated Wall Street last year. Surging more than 170% in 2024, there were many who expected it to lead the pack once again this year. However, less than two months into 2025, is that still the case? Source: Fortune Also Read: Nvidia (NVDA) to Hit $260B in AI Revenue: What it Means for the Stock Is Nvidia (NVDA) Atop Magnifncnet Seven Stocks Yet Again in February? There were few stocks that entered the year with as much potential as Nvidia. The AI chipmaker had the eyes of investors, as many projected it to be the first company to reach a $4 trillion market cap. Yet, that has go...

Fartcoin Price Prediction: As FARTCOIN Soars 27%, This Innovative $3.5 Million Crypto Index Project Offers Investors Diversified Meme Coin Exposure

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The Fartcoin price surged 27% in the last 24 hours to trade at $0.6663 as of 2.30 a.m. EST on trading volume that skyrocketed 46% to $248.49 million. The FARTCOIN price blew up after Chainlink recently announced that Fartcoin is among the new assets supported by the Chainlink standard for verifiable data, alongside PENGU, MOODENG, and MICHI. New assets supported by the Chainlink standard for verifiable data ↓ • PENGU—@pudgypenguins • MOODENG—@MooDengSOL • MICHI—@michionsolana • FARTCOIN—@FartCoinOfSOL Chainlink Data Streams—purpose-built for all.https://t.co/d77dPM0QZI pic.twitter.com/hM3d8s67vI — Chainlink (@chainlink) February 8, 2025 In response, Fartcoin surged from $0.4662 on Feb. 9 to $0.7101 a few hours ago, but has since dropped to $0.66. Fartcoin Price Prediction The Fartcoin price was rising rapidly over the last 24 hours, until it hit a barrier at $0.70, which caused its price to drop to a support at $0.65...

UK man looks to buy landfill site amid search for $784m lost Bitcoin

James Howells claims to have lost a hard drive with 8,000 BTC at a landfill site in 2013. The man now wants to buy the landfill site as the search for the lost BTC worth over $784 million continues. James Howells, the man who has been in search of his lost bitcoin worth over $784 million since 2013 is seeking to buy a landfill. Howell claims to have mistakenly discarded a hard drive that contained 8,000 BTC and is seeking to buy the landfill site where he lost it in an attempt to recover his fortune. The man filed a lawsuit in a bid to have the Newport Council dig up the landfill to try and find the lost bitcoin.  In over 10 years Newport Council has made no attempts to try to recover the discarded bitcoin. The quest for lost BTC James Howells reported that his fiance discarded the hard drive containing cryptocurrency estimated to have a market value of $784 million in the landfill site in 2013. In an attempt to get his crypto assets back, Howells want...

Investors Rush Into Mind of Pepe Presale, Surpassing $5.3 Million – Could It Be the Next Major AI Meme Coin?

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Combining the iconic Pepe with autonomous AI agents, MIND of Pepe’s presale has attracted a rapid influx of investors, raising an impressive $5.3 million in a short period. As the presale continues, with token prices set to increase, getting in early offers a prime opportunity for those eager to be part of this innovative and rapidly growing venture. With expectations of substantial returns ranging from 10x to 100x upon launch, the project is generating significant buzz in the crypto community. MIND of Pepe Presale Nears $6M as Investors Position for Market Recovery The recent downturn in the AI agent token market has led some investors to explore opportunities beyond AI-related cryptocurrencies. However, analysts remain optimistic about a Pepe-themed token, highlighting its unique AI integration as a potential catalyst for revitalizing the sector. With growing investor interest, this project could play a pivotal role in sparking a rebound in the AI crypto market. With ...

5 Best Altcoins to Buy Now January 21 – IoTeX, KuCoin Token, Kaia, Monero

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The United States may be on the brink of a major shift in its cryptocurrency regulatory landscape. President-elect Donald Trump is reportedly planning to issue an executive order that would elevate the importance of cryptocurrency at the federal level. This move could mark a departure from the policies established under President Biden. The proposed initiative aims to integrate cryptocurrency into national policy more effectively. It seeks to foster cooperation between private sector entities and government agencies. In addition, it aims to enhance the credibility and acceptance of digital assets within the broader financial system.  In light of this, investors are searching for more affordable tokens to capitalize on the current market growth, particularly the best altcoins to buy now . 5 Best Altcoins to Buy Now IoTeX (IOTX) is currently valued at $0.03274, marking a 10.29% drop within the last 24 hours. KuCoin Token (KCS), the KuCoin exchange’s native cryptocurrency, is...