Headlines

Trump Media’s $409M Profit Dwarfs Its $3M Revenue

Key Takeaways Trump Media’s $409.7 million quarterly profit was largely driven by non-cash investment gains. Trump Media’s revenue rose 205% to $3 million, but its adjusted EBITDA loss remained at $12.3 million. Trump Media shareholders will vote Dec. 14 on the proposed merger with TAE Technologies. Non-Cash Digital Asset Gains Drive $409.7 Million Profit Trump…

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Most Filipinos Favor Merchants Accepting Stablecoins, Lydian Survey Shows, as Security Concerns Linger

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Nearly three-quarters of Filipino consumers prefer to shop at merchants that accept stablecoins, even as security and fraud concerns remain the primary obstacle to daily use, according to a survey released Wednesday by digital asset…

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Bitcoin Safe-Haven Narrative Is Falling Apart? Liquidations and ETF Outflows Wipe Out Bulls

Bitcoin is taking another beating as inflation fears, institutional withdrawals, and leveraged liquidations send its price lower. The world’s largest crypto coin slipped toward $73,700, just minutes after hotter-than-expected US inflation reignited fears of another Federal Reserve rate hike. Market Cap 24h 7d 30d 1y All Time Instead of protecting investors from traditional market turmoil,…

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