Trump Media moves $342 million in bitcoin to Crypto.com, blockchain data show
A wallet supposedly linked to Trump Media has made a large BTC transfer to Crypto.com, data tracked by Arkham show.
This story was originally published by CoinDesk.
More Bitcoin News
Bitcoin
Bitcoin holds above $80,000 as Zcash jumps 12% in post-election crypto rebound
Ether rose 8% as falling oil prices and a weaker dollar helped markets recover, even as traders weighed a tougher path for U.S. crypto legislation.
Bitcoin
Trump Media Bitcoin Transfer of 4,259 BTC Nearly Matches Pledged Loan Collateral
Trump Media & Technology Group (DJT) moved 4,259 Bitcoin (BTC) to Crypto.com, on-chain analytics firm Lookonchain reported. The coins nearly match the BTC pledged as collateral for $1 billion in…
Bitcoin
American Bitcoin’s $126 Million Profit Rode Bitcoin’s Rally. Q4 Is Testing It
American Bitcoin (ABTC) earned $126 million in the third quarter (Q3), powered by a $197.3 million Bitcoin (BTC) gain. Without it, the miner’s operations posted a small loss. The company, co-founded…
Bitcoin
Nearly $1 Billion in Crypto Liquidations Hit as Bitcoin Jumps 4.6%
Crypto liquidations reached $974.80 million in 24 hours as the market climbed. Most of the losses fell on traders who had bet on further declines, Coinglass data shows. Bitcoin’s (BTC) price rose…
Bitcoin
American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million
American Bitcoin Corp. (Nasdaq: ABTC) reported about $126 million in third-quarter net income on Wednesday, a swing from a $57.2 million loss in the prior quarter that rested largely on a $197.3…
Bitcoin
Mercado Bitcoin says phased reopening to begin Monday, will cover losses
Customers will initially be able to view their holdings, while withdrawals and trading remain suspended pending security checks.