TikTak

@degencripto

156 Following

63 Followers

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🔥 Trump Media invests part of its reserves in cryptocurrencies 📈 Trump Media’s stock surged 16% after announcing the diversification of its reserves. 💰 $250 million will be managed by Charles Schwab, with permission to invest in SMA, ETFs, BTC, and other cryptocurrencies. https://zora.co/collect/oeth:0x3fecbdfc60e72b87646a261fa57f256bed6ed5be/11?referrer=0xC996638676cf613924E3E5e7b3E6Df0F64163137

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https://zora.co/collect/oeth:0x3fecbdfc60e72b87646a261fa57f256bed6ed5be/9?referrer=0xC996638676cf613924E3E5e7b3E6Df0F64163137

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🔸 Nvidia's market capitalization dropped by 17.5% in a single day, marking the largest loss in the company's history. 🔸 China announced plans to invest 1 trillion yuan ($138 billion) in AI technology development. 🤑 🔸 MicroStrategy purchased 10,107 BTC ($1.1 billion). The company also announced the issuance of 2.5 million preferred shares to raise additional funds for further BTC acquisitions. 🔸 Ripple secured money transfer licenses in Texas and New York. 🔸 Arthur Hayes predicts Bitcoin's price will drop to $70,000, followed by a surge to $250,000 by year-end. https://zora.co/collect/oeth:0x3fecbdfc60e72b87646a261fa57f256bed6ed5be/9?referrer=0xC996638676cf613924E3E5e7b3E6Df0F64163137 🔸 Research shows Poland is now the fifth country globally in the number of cryptocurrency ATMs, surpassing El Salvador.

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@degencripto 🤑 Cryptocurrencies 🔸 The SEC revoked rule SAB 121, removing restrictions on banks for cryptocurrency custody. 🔸 Crypto advocate Mark Uyeda was appointed as acting chairman of the SEC. He announced the formation of a cryptocurrency task force. 🔸 Trump signed an executive order to establish a Crypto Council, with one of its objectives being the development of a BTC reserve. ✊ 🔸 Bloomberg reports that Rex Fund has filed applications for DOGE ETF, BONK ETF, TRUMP ETF, and other crypto ETFs. 🔸 Donald Trump appointed pro-crypto advocate Caroline Pham as the new head of the CFTC. 🔸 MicroStrategy purchased an additional 11,000 BTC ($1.1 billion). The company's shareholders voted in favor of issuing more shares to buy even more BTC. https://zora.co/collect/base:0x3fecbdfc60e72b87646a261fa57f256bed6ed5be/15?referrer=0xC996638676cf613924E3E5e7b3E6Df0F64163137

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@degencripto 🔸 Trump signed an executive order to establish a Crypto Council, with one of its key objectives being the development of a BTC reserve. 🔸 The SEC revoked rule SAB 121, which had imposed restrictions on banks for storing cryptocurrencies. 🔸 The Bank of Japan raised its interest rate to a record 0.5%, the highest level since 2008. 😮 🔸 Reports claim Crypto Czar David Sacks stated that no decision has been made on a U.S. crypto reserve, while CBDCs are being viewed as a threat to freedom and democracy. 🔸 MicroStrategy plans to repurchase convertible bonds (maturing in 2027) worth $1.05 billion.

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@degencripto Donald Trump declared that the U.S. will become the capital of AI and cryptocurrencies. 🗽 Additionally, he announced plans to ask Saudi Arabia and other countries to reduce oil prices and will push the Federal Reserve for a rate cut. At one point, BTC surged close to $107k but corrected shortly after. Time to move from words to actions, Mr. President. 😇

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