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Tag: Trump Cryptocurrency

Lawmakers Renew Push for Epstein Files, Trump Family Launches Crypto, China Holds WWII Anniversary Parade

Lawmakers Renew Push for Epstein Files, Trump Family Launches Crypto, China Holds WWII Anniversary Parade

Lawmakers Renew Push for Epstein Files, Trump Family Launches Crypto, China Holds WWII Anniversary Parade A bipartisan coalition of Congress members is actively pursuing a vote today to compel the Trump administration to release additional files related to Jeffrey Epstein. The Justice Department, which initially pledged more disclosures on the convicted sex offender, later reversed course, claiming no further details were available. This issue has been a persistent point of contention for the administration, given President Trump’s past association with…

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Trump Media & Technology Group’s Stock Performance and Potential Bakkt Acquisition

Trump Media & Technology Group’s Stock Performance and Potential Bakkt Acquisition

Trump Media & Technology Group’s Stock Performance and Potential Bakkt Acquisition Trump Media & Technology Group (TMTG), the parent company of Truth Social and majority-owned by former President Donald Trump, has experienced significant stock price fluctuations. In March, following a merger with Digital World Acquisition Corporation, TMTG’s peak valuation reached an estimated $6 billion, reflecting Trump’s then-high poll numbers in the 2024 presidential race. Trump’s stake at that time was approximately 115 million shares, representing roughly 60% ownership. As of…

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The Unexpected Convergence of Cryptocurrency and US Politics: A Case Study of $TRUMP

The Unexpected Convergence of Cryptocurrency and US Politics: A Case Study of $TRUMP

The Unexpected Convergence of Cryptocurrency and US Politics: A Case Study of $TRUMP The intersection of cryptocurrency and American politics has become increasingly prominent, as evidenced by a recent, albeit unusual, investment by Fr8Tech, a Texas-based logistics firm. In late April 2024 (assuming the article refers to a future date, as Trump’s second term is hypothetical), Fr8Tech announced plans to borrow up to $20 million to acquire $TRUMP, a cryptocurrency launched by then-President Donald Trump just three days prior to…

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