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The recent jump came after the stock fell to an all-time low of $12.15 on September 23rd. The stock is currently trading at $36.30 per share. Trump Media and Technology Group (TMTG) is the founder of Truth Social, an upstart social media platform founded by former President Donald Trump when he was banned from mainstream sites following the Jan. 6 attack on the U.S. Capitol. is a holding company that owns He refuses to accept that he lost the 2021 and 2020 presidential elections. The stock trades on the Nasdaq under the symbol DJT, which reflects Donald John Trump’s initials.…
A cryptocurrency wallet owned by the US government may have been breached and penetrated by hackers, raising concerns about the security measures the government has in place for its digital assets. This hacking incident may be a clear sign of lenient cybersecurity practices when dealing with government-controlled cryptocurrencies. This may indicate that governments need to strengthen their firewalls and adaptability to digital technologies. Tracking suspicious activity The apparent hacking incident was reported by Arkham Intelligence, which was able to track the movement of over $20 million in crypto assets to different locations. The platform said it was suspicious that a…
Shares of Capri Holdings (CPRI) fell sharply on Friday after a federal judge ruled to block a proposed acquisition by Tapestry (TPR), citing antitrust concerns. Both companies have announced their intention to appeal this decision.Bernstein analyst Aneesha Sherman joins Market Domination to assess the investment potential of both companies in light of this development.”The real question is whether this will be overturned on appeal,” Sherman explained, noting that the appeals process could last several months. She stressed that February 10, 2025 is “a kind of final day” on which either party can legally terminate the agreement.Sherman said “the odds have…
As major cryptocurrencies such as XRP and Shiba Inu face doubts whether they will reach new highs, attention is turning to lesser-known tokens with higher growth potential. Investors seek out low-cost assets that combine innovation with strong community support, seeking opportunities with the potential for significant returns. One such token is XYZVerse, a meme coin that unites fans of soccer, basketball, and other sports. It aims for impressive growth and outperforms recent tokens that have made impressive gains. All sports meme tokens you can’t buy on the bench! XYZ is your exclusive VIP pass to a sports-driven, meme-driven revolution. Think…
Imagine a small investment turning into a large fortune in a short period of time. As the cryptocurrency landscape evolves, new tokens emerge that offer savvy investors the chance to make impressive profits. The latest wave of meme-inspired cryptocurrencies has caught the attention of many, and some are poised to deliver returns reminiscent of early crypto success stories. One of the standouts is XYZVerse (XYZ). XYZVerse (XYZ) is a pioneering meme coin that unites fans of sports such as soccer, basketball, and MMA, and aims to surpass its previous success with significant growth. Score big on XYZ: The new meme…
Tether CEO Paolo Ardoino denied reports that the company is under investigation in the United States.Ardoino’s explanation comes after a report in the Wall Street Journal that federal prosecutors in Manhattan are allegedly investigating stablecoin issuers.Ardoino said:”WSJ is regurgitating old noise. Full stop.”Tether also denied the investigation’s claims in a public statement and accused the Wall Street Journal of “irresponsible reporting.” The company further added:“These stories are based on pure ranking speculation, even though Tether has confirmed that it has no knowledge of any such investigation into the company.”Tether also said the article “overstated” its “well-documented” efforts to work with…
advertisement As the need for energy-efficient, low-cost, and fast payments grows, so does the demand for the XRP Ledger. Santiment, the on-chain metrics provider leading this development, said: “The number of active wallets on the XRP Ledger has surged significantly, reaching 35,799 unique wallets with at least one transfer per day. “This is the highest number in over three months.” Additionally, 3,858 new wallets were created in one day, the highest number in more than seven months. ” Source: Santiment Top analytics firm CryptoQuant echoes these sentiments, saying, “XRPL has seen a significant increase in AMM liquidity, with significant increases…
As reported by WSJ, the U.S. federal government is increasing its oversight of the cryptocurrency company Tether, investigating potential violations of sanctions and anti-money laundering laws. The criminal investigation, led by the Manhattan U.S. Attorney’s Office, aims to determine whether Tether was used by third parties to fund illegal activities such as drug trafficking, terrorism, and cybercrime, or to launder related proceeds. are. Tether has emerged as an important tool in sanctioned regions and has begun to be monitored by governments. The Treasury Department is considering a moratorium on Tether that could prevent Americans from doing business with the company…
The price of Neiro has increased significantly recently. However, the future of this meme coin could be shaky as traders start taking profits. Meanwhile, the next Pectra fork of Ethereum is expected to significantly improve layer 2 scalability, making transactions faster and cheaper. What you can’t miss is that BlockDAG (BDAG) is back in the spotlight. BlockDAG, which just passed its $100 million presale goal, has unveiled a new, easy-to-use website that demonstrates the company’s commitment to making technology more accessible. With returns as high as 1960%, early backers and newcomers alike are excited to explore the updated site. Due…
The next big opportunity, the next 100x crypto gems! That is the goal of every investor who wants to profit from their cryptocurrency investments. The OG and Titan status of Ethereum and BNB is indisputable. But 2024 will shake things up. Things have changed for the better with the arrival of the new GambleFi altcoin Rollblock and its attractive iGaming solutions. Will it be able to challenge the dominance of ETH and BNB this year? Let’s find out. The success of Rollblock’s GambleFi has established it among the top altcoins. The list of top altcoins of 2024 is by no…