Trump Media & Technology Group reported a $238.1 million net loss in Q2 2026, largely due to $190.4 million in unrealized losses on digital assets and securities. Despite an 89% revenue increase to $1.67 million driven by advertising and subscriptions, the company faced significant investment portfolio declines, especially in Bitcoin and Cronos holdings. Trump Media plans a "more disciplined" digital asset treasury strategy to reduce volatility and improve asset productivity, following the termination of a major crypto venture. The company also increased its Bitcoin holdings to 14,139 BTC by July 31 and is preparing for a potential merger with TAE Technologies in late 2026.
Bitcoin is experiencing its best September performance in 14 years, gaining about 10.1% so far and approaching the $90,000 price level. This is notable because September has historically been a weak month for Bitcoin, with negative returns from 2017 ...
Bitcoin is approaching a critical resistance zone between $82,000 and $83,000, with a weekly close above this level seen as confirmation of a new bullish phase. The cryptocurrency has reclaimed its 50-week moving average around $77,500-$78,000, a his...
Bitcoin surged close to $87,400, pushing the crypto market near a $3 trillion cap, driven by $558 million in liquidations mainly from short positions. Institutional investors fueled the rally with over $1.9 billion in spot ETF inflows, especially int...
Dogecoin surged to an intraday high of $0.1059 following X's announcement of new trading partnerships with Gemini, Kraken, Coinbase, Moomoo, and Interactive Brokers, allowing users to trade directly from the app. Despite this boost, DOGE closed the d...
Bitcoin has surpassed the $80,500 mark for the first time since 2023, breaking above its 365-day moving average and a key long-term trendline that previously predicted bull markets in 2019 and 2023. This breakout indicates a confirmed uptrend, suppor...
