Trump Media’s Crypto Bet Collapses in a Substantial $406 million Quarterly Loss
Trump Media & Technology Group’s stock is currently around $8.93, a sharp contrast to its peak of $97.50 per share in early 2022. The company, which owns Truth Social, has seen its value drop by more than 90% since then. Related reading: Tether Ramps Up…
BlackRock Files for Spot Bitcoin ETF on In-Kind Creations and Redemptions
BlackRock has filed to allow in-kind creations and redemptions for its spot Bitcoin ETF. This development is set to revolutionize the way Bitcoin ETFs operate, eliminating the need for forced selling for cash settlements and reducing artificial sell…