Bitcoin News Today TheBitTimes.com

 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...

One of the most anticipated reports of the earnings season is on the horizon, as Nvidia (NVDA) could be headed toward the $180 level as Wall Street is expecting a Q3 boost. Th chipmaker is receiving a near-unanimous buy rating as the price target has only gotten increased in recent weeks. November 20th represents the key day and could set the tone for how the AI chipmaker will perform in the coming week. Although it has had a dominant 2024, increasing more than 150%, there is debate regarding whether or not it can continue to be the premiere stock option of 2025. Source: CNBC Also Read: How Amazon (AMZN) is Set to Challenge Nvidia’s AI Dominance Nvidia Looking to End 2024 Above $180? For much of the last year, artificial intelligence has dominated Wall Street. With the arrival of OpenAI’s ChatGPT, the demand for generative AI products has surged. Moreover, it has led to increased investment in the sector from companies that are hoping to keep pace in the ongoing AI arms race...

Bitcoin’s stock value has been trying to surpass the $20,500 mark for the past 35 days with limited success. The latest failed attempt was October 6, but bears (people who believe the stock price will go down) have stood their ground on four different instances since BTC was valued under $18,500 during that period. JUST IN: $510,000,000 worth of #Bitcoin options expire Friday. — Watcher.Guru (@WatcherGuru) October 19, 2022 This week’s $510 million options expiry is especially important for bears because they need to keep the momentum going. But investors are uncertain of BTC’s real bottom value since the support level goes down every time it is tested. Bears and Bulls Place Bitcoin Bets Previously, bears were overly confident . They placed bets that Bitcoin would be at $17,500 instead of its $19,000 figure on October 13. With Bitcoin standing at about $19,000 at the time of writing, most bearish bets will most likely be fruitless. Bulls (p...