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Trump Media Loss Deepens as Crypto Gains Cushion Blow

The post Trump Media Loss Deepens as Crypto Gains Cushicom. Trump Media posted a $54. 8 million Q3 loss despite gains from crypto assets. The firm holds 11, 542 Bitcoin worth about $1. 3 billion and 746 million Cronos tokens. Trump Media and Technology Group reported accumulating losses in the third quarter, despite the cryptocurrency investments yielding certain positive returns. The mother company of Truth Social reported a net loss of $54. 8 million, which is almost three times the loss of $19. 3 million in the same period last year. The revenue has been reduced to $972,900 compared to more than one million dollars earlier, which reflects operational issues despite the ambitious acquisition of digital assets. Cryptocurrency Holdings Show Mixed Results By the end of September, the company had amassed 11, 542 Bitcoin, which was worth about $1. 3 billion at the time of the market prices. The trading of Bitcoin-related options generated realized income of $15. 3 million, which is a relief given the broader operational losses. Also, Trump Media owns more than 746 million Cronos tokens, which earned it $33 million unrealized gains as the blockchain asset was trading at around $0. 18. The company management is still positive regarding expansion strategies, and its CEO, Devin Nunes, states that the presence of cryptocurrency holdings has guaranteed the financial stability of the organization. Trump Media acquired companies with high capital of $1. 5 billion in stock sales and $1 billion in convertible bonds. Its Bitcoin buying program was introduced in May after the company had planned the move earlier in the year. Trump Media Group’s CRO Strategy was a partnership with Crypto. Com that aimed to purchase up to $1 billion of Cronos tokens, which is equivalent to more than 6. 3 trillion units. The management emphasized two quarters of positive operating cash flow and digital asset income as a way of positioning to make possible acquisitions. Investor sentiment is.

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Senate Progress Towards Ending U.S. Government Shutdown

The post Senate Progress Towards Ending U. S. Government Shutdown appeared com. Key Points: Senate committee releases bills to end government shutdown. Potential Senate vote on November 10, 2025. Democrats and Republicans negotiate, impacting policy discussions. The U. S. Senate, led by Majority Leader John Thune along with key Democratic input, is advancing negotiations to resolve the government shutdown with a critical vote expected November 10th. The shutdown resolution could stabilize market uncertainties, indirectly affecting cryptocurrency sentiments, with bipartisan agreement hinging on healthcare policy inclusions. Senate Prepares for Critical Vote Amid Shutdown Senate Majority Leader John Thune is spearheading efforts to end the U. S. government shutdown through bipartisan negotiations. Spearheaded by the Senate Appropriations Committee, the plan includes a vote on a continuing resolution, encompassing full-year appropriations. President Trump and senior Democratic leaders are directly involved, focusing on reopening the government. Amendments include agreed-upon votes on Democratic healthcare policies. Expectations for resolving healthcare policy disputes rely on a bipartisan vote. The Democrats’ plan includes a vote on ACA subsidies. The government shutdown affects federal employees, with a comprehensive bill ensuring re-hiring and backpay, alongside funding for key governmental departments, highlighting the political leverage in negotiations. “It would be a horrific mistake to cave in to Trump right now. If Democrats cave on this issue, it will say to Donald Trump that he has a green light to go forward toward authoritarianism.” Bernie Sanders, U. S. Senator, Vermont Independent (source) Shutdown’s Market Impact and Bitcoin Volatility Did you know? The ongoing shutdown marks the longest in U. S. history, surpassing prior events, which often spurred risk-off market behaviors, leading to increased alternative asset interest in prior years. Bitcoin (BTC) is trading at $104,998. 24, with a market cap of $2. 09 trillion, according to CoinMarketCap. Its price change over 24 hours is 2. 93%, though a 7-day decline persists at 5. 08%. BTC dominates the market with 59. 41%, despite.

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Tron Crypto Registers The Highest Dominance Spike Among Top Coins

The post Trcom. The Tron crypto is one of the coins to watch in the next few days. This is because the cryptocurrency has been receiving significant attention, especially as Bitcoin dominance cooled down and retreated below 60%. While the BTC dominance declined, TRX crypto experienced the highest dominance among the top cryptocurrencies. Its dominance jumped from a weekly low of 0. 76% on Tuesday to 0. 81% at the time of observation. This latest surge raised its dominance by roughly 12% from its October lows. TRX price traded at $0. 29 at press time after rallying by more than 5% from its weekly low. Despite this, its press time was still down by almost 2% from its opening price. Nevertheless, top rivals such as Bitcoin and Ethereum experienced a heavier downside, indicating that Tron crypto weathered the bearish storm much better than its counterparts. This outcome may have been influenced by the rising Tron crypto dominance. It may indicate higher levels of accumulation. Can Tron Crypto Maintain the Bullish Momentum Amid Rising Net Flows? TRX price has maintained an overall downtrend since the second half of August, as observed in its weekly time frame. However, the rising dominance may signal the start of a recovery wave. The Tron network’s inflows may also support this recovery. According to DeFiLlama, Tron’s net inflows clocked over $107 million this week, which marked a 12-week high. For reference, perps volumes amounted to $157. 14 million in the last 24 hours. This was the highest daily volume observed in more than 2 months. Tron’s rising perps volume and net inflows mirrored the rising network activity, which was also accompanied by a significant spike in.

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Spanish Authorities Dismantle Alleged €260M Ponzi Scheme

The post Spanish Authorities Dismantle Alleged €260M Ponzi Scheme appeared com. TLDR The Madeira Invest Club lured 3, 000+ investors with false luxury asset and crypto investment promises. No real investments existed; returns to old investors came from new members, a classic Ponzi structure. Europol and agencies in the U. S., Asia, and Europe joined forces in Operation PONEI to expose the fraud. Authorities seized assets as probe continues with more suspects linked to the scheme’s global operations Spanish law enforcement has arrested a man accused of orchestrating a massive international investment fraud valued at €260 million. The suspect, identified as A. R. and known online by the alias “CryptoSpain,” is alleged to have led the Madeira Invest Club, a scheme that drew in over 3, 000 investors with the promise of high returns from luxury asset contracts. International Network Behind the Scheme According to Spain’s Ministry of Interior, the operation was run through a web of shell companies and bank accounts across at least 10 countries. These included the United Kingdom, Portugal, the United States, Malaysia, and Hong Kong. Investigators said the club claimed to invest in a wide range of assets, including cryptocurrency, luxury cars, real estate, and digital art. Europol, along with law enforcement from the U. S., Singapore, Thailand, and Malaysia, coordinated in the investigation. The joint effort, named Operation PONEI, uncovered that the funds were not directed into legitimate investment vehicles. Promises of Returns With No Real Investment Activity The Madeira Invest Club, which began operations in early 2023, marketed itself as a private investment platform. It attracted clients by offering contracts that guaranteed returns and buyback protections. These offers were tied to high-end commodities like gold, luxury yachts, whisky, and cryptocurrencies. However, investigators found that no actual investments were made. Authorities stated that earlier.

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XRP Price Prediction: Targeting $2.75 Recovery Within 30 Days Despite Technical Headwinds

The post XRP Price Prediction: Targeting $2. 75 Recovery Within 30 Days Despite Technical Headwinds appeared com. Felix Pinkston Nov 08, 2025 06: 32 XRP price prediction points to $2. 75 target by month-end as oversold conditions signal potential reversal from current $2. 30 level, though bearish momentum remains a concern. Ripple’s XRP faces a critical juncture as technical indicators paint a mixed picture for the fourth-largest cryptocurrency. With the token currently trading at $2. 30 after a modest 3. 31% daily gain, multiple analyst forecasts converge on a cautiously optimistic outlook despite underlying bearish momentum signals. XRP Price Prediction Summary • XRP short-term target SMA 50 ($2. 62), and SMA 200 ($2. 63). This positioning typically signals weakness, yet the RSI at 42. 20 suggests the token hasn’t reached oversold territory, leaving room for further downside. The MACD histogram at.

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Privacy Coins Rally Driven by Technicals, Narrative

The post Privacy Coins Rally Driven by Technicals, Narrative appeared com. Privacy tokens are taking center stage this week, bucking the slump that has affected the broader cryptocurrency market. Notable commentators in the cryptocurrency space have been predicting a spike in privacy coin prices for months. Their projections now appear to be coming true. Some have wondered whether there hasn’t been a coordinated effort to pump privacy coin prices. Zcash Foundation’s executive director, Alex Bornstein, has told Cointelegraph that Zcash’s recent success is due to broader concerns about governments infringing on users’ right to privacy. A combination of hype and technicals has put privacy coins back in the spotlight as other coins struggle. Zcash Privacy coin Zcash (ZEC) has made impressive gains, with its market capitalization up more than 10% over the last week. Zcash’s price is up over 76% over the last seven days to $632. It flipped Monero (XMR) to become the largest privacy coin by market capitalization. Zcash price saw gains of over 75% on the week. At the beginning of the month, the company introduced cross-chain swaps and private payments by integrating with the transaction layer Near Intents. The integration resulted in a spike in Zcash volume on Near Intents and an expansion of the “shielded pool” i. e., the collection of encrypted addresses where ZEC is stored. Bornstein told Cointelegraph on Chain Reaction that “there’s just a powerful narrative, and I think people are just waking up to what Zcash can really accomplish.” Related: Why Zcash and privacy tokens are back in the conversation Monero Monero (XMR), which until recently was the largest privacy coin on the market, saw a near 10% price gain over the past week. Its market capitalization increased 2. 7% to $6. 62 billion. Monero price closed.

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South Korea open to revisiting sanctions on North Korea after latest U.S. crackdown

The post South Korea open to revisiting sanctions on North Korea after latest U. S. crackdown appeared com. With Washington tightening the screws on North Korea’s crypto-funded nuclear weapons programme, South Korea says it’s open to rethinking its own sanctions playbook. Summary South Korea may review its sanctions approach after the U. S. issued fresh actions targeting North Korea. The U. S. Treasury has sanctioned several individuals and entities with ties to North Korea. South Korea will coordinate closely with the U. S. to curb North Korea’s crypto-funded weapons program. During a recent interview, South Korean Vice Foreign Minister Kim Ji-na told local media that “coordination between South Korea and the United States” is important to address cryptocurrency theft by North Korean hackers, which can be “used to fund North Korea’s nuclear and missile programmes and pose a threat to our digital ecosystem.” North Korea has long used state‑sanctioned hacking groups like Lazarus and Kimsuky to target the cryptocurrency sector using a wide range of complex attack vectors that have quietly funnelled billions into Pyongyang’s weapons apparatus. To curb these operations, the United States has used sanctions and other enforcement actions to cripple the networks behind these schemes and cut off illicit revenue streams that fuel the regime’s weapons development. South Korea’s latest stance comes right after the U. S. unveiled a fresh batch of sanctions through its Treasury Department, targeting what it called key financial conduits in North Korea’s crypto laundering network. “The DPRK relies on a vast network of internationally located representatives of DPRK financial institutions who provide access to international markets and financial systems [.] in support of its WMD and ballistic missile programs,” the Treasury’s Office of Foreign Assets Control said. Entities involved in the scheme included Korea Mangyongdae Computer Technology Company, which Treasury officials say operates IT worker cells from Chinese cities like Shenyang and Dandong. Ryujong Credit Bank was identified as a key player in sanctions.

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Cathie Wood Lowers Bitcoin 2030 Target To $1.2 Million

The post Cathie Wood Lowers Bitcoin 2030 Target To $1. 2 Million appeared com. ARK Invest CEO Cathie Wood has adjusted her long-term Bitcoin forecast, citing the rise of stablecoins as a force in the crypto space. Speaking on CNBC’s Squawk Box Thursday, Wood said that stablecoins are increasingly serving as digital dollars for payments and remittances functions she previously expected Bitcoin to fulfill. “Stablecoins are usurping part of the role that we thought Bitcoin would play,” Wood said. “Given what’s happening with stablecoins, we could take maybe $300,000 off that bullish case.” The adjustment reduces ARK Invest’s 2030 Bitcoin price target from $1. 5 million to $1. 2 million, although Wood emphasized that the cryptocurrency’s long-term potential as “digital gold” remains intact. Wood noted that this stablecoin trend reflects broader adoption and signals that Bitcoin’s role is evolving more toward a store-of-value function rather than a transactional one. “Bitcoin is still strengthening its role as a global store of value, but in the payment area stablecoins are becoming a more practical means,” Wood said. She also touched on Bitcoin’s decentralized network and limited supply as key drivers of its long-term economic momentum. Galaxy Digital also drops Bitcoin target Galaxy Digital recently lowered its year-end target to $120, 000, down from $185, 000, citing large-scale selling by whales, rotations into assets like gold and AI, and leveraged liquidations. Alex Thorn, Galaxy’s head of research, described this period as a “maturity era,” in which lower volatility and institutional absorption dominate the market. Despite the temporary pullbacks, JPMorgan analysts remain bullish on Bitcoin, projecting prices could climb to $170, 000 over the next six to twelve months as leverage in futures markets resets. Bitcoin itself has faced a turbulent month. Following an all-time high above $126, 000 in early October, the cryptocurrency has fallen roughly 19%, dipping below $100, 000 for the first time in four months amid panic selling and cascading.

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Bitcoin and Ether tumble as AI stock sell-off rattles markets

The post Bitcoin and Ether tumble as AI stock sell-off rattles markets appeared com. Digital currency markets took a hit Tuesday as traders pulled back from riskier investments amid growing worries about whether artificial intelligence company stock prices can hold up. The price of Bitcoin dropped to $103,952 by the end of trading, marking a 2. 5% decline for the day and roughly 6% lower compared to where it stood two days earlier. Ether, the digital currency with the second-biggest market value, also fell 2. 5% Tuesday and has given up more than 10% across the last two days, sitting at $3,503. Monday saw Ether drop as much as 9%, falling beneath the important $3,600 level that traders watch closely. The decline happened right after hackers targeted a protocol operating on Ethereum’s network, stealing millions of dollars. Data from CoinMetrics shows the cryptocurrency was recently trading around $3,600, down 6. 6%. That puts it about 25% below the peak of $4,885 it reached on August 22. The selling picked up after Balancer, a decentralized finance system built on Ethereum, reported losing potentially over $100 million to hackers on Monday. This attack is just the newest in a string of negative developments that have made digital asset investors nervous in recent weeks. Political and economic pressures mount Back in mid-October, President Donald Trump said he would impose “massive” tariffs on China because of its limits on rare earth mineral exports. That announcement sent investors running from crypto into safer investments like gold. Even though the president backed off from that threat later, his words triggered a wave of selling that forced the closure of highly leveraged digital asset positions. Just last week, Federal Reserve Chair Jerome Powell warned investors not to count on more interest rate cuts coming soon, which only added to the negative mood already weighing on markets. “These events have put investors on uneasy footing.