Eric Trump, son of former President Donald Trump, recently shared an interesting story. He was invited to a Bitcoin conference. There, he met Michael Saylor, a well-known Bitcoin supporter. Saylor had a big idea for Eric. He suggested that Eric should take out a massive loan using Mar-a-Lago, the Trump family's famous estate, as collateral. The plan was to use the mo...
Trump Media and Technology Group found itself in a surprising situation. They went ahead with a major funding plan. This happened just a day after they had dismissed such reports as "dumb" and "fake news. " This move raised eyebrows and questions about the company's strategy and communication. First, let's talk about what happened. The Financial Times had reported t...
Vice President JD Vance is set to speak at the Bitcoin 2025 Conference in Las Vegas. This event is a big deal, showing how much the Trump administration is getting involved with cryptocurrency. It's a stark contrast to the past, where Bitcoin was seen as a fringe idea. Vance has been a supporter of cryptocurrencies for a while. He owns a significant amount of Bitcoin...
Special Purpose Acquisition Companies, or SPACs, are making a comeback. These investment vehicles, which were popular during the pandemic, are back in the spotlight. This time, they come with a twist. Many of the latest SPAC deals have ties to former President Donald Trump or his associates. So, what are SPACs? They are shell companies that raise money through an in...
A major shakeup is happening on Wall Street. Howard Lutnick, who is now the commerce secretary, is selling his shares in two big companies. He is doing this to follow the rules set by the U. S. government. The two companies are BGC and Newmark. Lutnick is selling his shares for a total of $361 million. He is selling $234 million worth of shares in BGC and $127 milli...
Cryptocurrency scams are on the rise, and they can happen to anyone. After a liver transplant, a woman from Boston found herself spending a lot of time alone. She turned to dating apps to connect with others. That's where she met David, or so she thought. David was charming and good-looking. He was from Quebec. The two started texting every day. They talked about th...
Bitcoin, the OG cryptocurrency, is still the market leader with a whopping $1. 1 trillion market cap. It's known for its wild price swings, just like the ones we saw today with a 0. 79% increase. So, what's the deal with Bitcoin's price? It's not just about the economy or big companies accepting it—regulations and how people feel about their money also matter. Bitco...
Get ready! On Tuesday, July 23, Ethereum ETFs are set to hit the market. These new funds will let investors buy Ethereum, the second most popular cryptocurrency, like regular stocks. The Securities and Exchange Commission (SEC) has given the green light to eight funds that will start trading this day. You might be wondering, what is an Ethereum ETF? Ethereum is ...