Hi HODLers, Hiveans and Lions,
According to the Financial Times, DJT is actively trying to purchase Bakkt, which is backed by NYSE owner (ICE)
Trump Media and Technology Group (DJT.O), opens new tab, which operates Truth Social, is close to an all-stock acquisition of Bakkt, the report said.
I surely did not expect this to happen but it shows that Trump sees a way to make profit in this sector and let's face it this is why we might have some positive regulation going forward.
Bakkt had $279 million in volume in November 2024 so it is a sizeable exchange but not a Top 5 in the Crypto Space.
The president-elect has also launched a new crypto venture, World Liberty Financial.
Stay safe out there,
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Great news!! I see the crypto world increasingly expanding
It certainly feels like it. The only issue I see is that a lot of these newcomers are definitely only here for quick profit and hunting retail investors/users.
And I dislike that... #Bitcoin was the first bottom-up financial revolution!
I'm waiting for other interesting Alt Coins to be seen by the rest of the world
Which ones are in your Moon Bucket? 😜
HIVE and SPS. These are the two tokens I trust the most for the future. I am not a maximalist and I do not own Bitcoin, but here I think I made a mistake