
Trump Media & Technology Group moved 2,650 Bitcoin worth about $205 million to Crypto.com, sparking online claims that the company was dumping its crypto holdings. A spokesperson later clarified the transfer was part of routine trading activity, not a full-scale sale. The company still reportedly holds nearly 6,900 Bitcoin despite heavy unrealized losses after buying at higher prices. The episode highlights how quickly crypto rumors can spread and shake sentiment, especially when politically linked firms are involved. Investors will now watch whether Trump Media changes its broader crypto strategy.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Story Highlights The live price of the XRP is . XRP holds a strong demand…
After consolidating within a predefined range, the XRP price is experiencing a major sell-off and…
Cardano founder Charles Hoskinson is pushing for what he calls a "great migration" away from…
Yes, you can absolutely still buy SpaceX shares today once they hit the public market.…
Interest in the SpaceX IPO continues to grow. Data from Binance Wallet's SpaceX IPO subscription…
Fidelity has reportedly begun allocating SpaceX IPO shares to eligible account holders. Investors who confirmed…