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news-imageFebruary 6, 2025

Trump Media files trademarks for Truth.Fi Bitcoin and energy ETFs

Trump Media and Technology Group Corp., the operator of Truth Social and Truth+, announced that it has applied to trademark six investment products under the new financial services brand, Truth.Fi.
Publisher: Crypto news
Sentiment: Positive
BTC

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Negative
cover-imageThe Currency Analytics
February 6, 2025

Bitcoin Faces Volatility as 50K BTC Moves, CryptoQuant Warns

Bitcoin (BTC) investors may soon face increased volatility, with new concerns rising over large movements in Bitcoin holdings. A recent warning issued by prominent analytics firm CryptoQuant revealed that a massive 49,700 BTC, valued at around $5 billion, which had remained inactive for six to twelve months, are now being transferred.

Negative
cover-imageBitcoin
February 6, 2025

Bitcoin's Correlation With Markets Grows, Challenging ‘Safe Haven' Narrative

Bitcoin's correlation with global markets—attributed by some to increased institutional investment and algorithmic trading—challenges the narrative of it being a safe-haven asset, similar to gold. Bitcoin's ‘Safe Haven' Claim Challenged Following the U.S. imposition of a 25% tariff on Canadian and Mexican imports, bitcoin (BTC) briefly plummeted below $93,000, dragging the crypto market down.

Positive
cover-imageProactive Investors
February 6, 2025

Trump Media files for Bitcoin ETF as part of investment push

Trump Media & Technology Group Corp (NASDAQ:DJT), the parent company of Truth Social, is expanding into financial services with a series of investment products under the "Truth.Fi" brand, the company announced Thursday. The move aligns with themes championed by President Donald Trump, including US energy independence, domestic manufacturing, and cryptocurrency.

Negative
cover-imageBenzinga
February 6, 2025

Bitcoin, Ethereum, XRP, Dogecoin Grind Lower As Trader Warns: Choppy Above $95,500, Bearish Below

Despite positive catalysts like institutional adoption and discussions around Bitcoin's potential inclusion in sovereign wealth funds, the cryptocurrency market is trading lower on Thursday, with traders closely watching Bitcoin's $95,500 support level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,588.31 -1% Ethereum (CRYPTO: ETH) $2,710.63 -2% Solana (CRYPTO: SOL) $191.80 -3.7% XRP (CRYPTO: XRP) $2.33 -4.4% Dogecoin (CRYPTO: DOGE) $0.2481 -4% Shiba Inu (CRYPTO: SHIB) $0.00001505 -5.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses falling by 3.4%.

Positive
cover-imageInvezz
February 6, 2025

Trump Media files trademark applications for Bitcoin and US industry investment products

Trump Media and Technology Group (TMTG), the parent company behind Truth Social, announced Thursday that it has filed for trademarks on six new investment products, marking its entry into the financial services sector. These products aim to track Bitcoin and key US industries, including manufacturing and energy. The filings include products such as the Truth.

Positive
cover-imageBenzinga
February 6, 2025

A Bitcoin Pullback To $75,000 Is Coming, Arthur Hayes Warns

Bitmex co-founder Arthur Hayes shared his insights on the current market cycle and his bold predictions for Bitcoin's (CRYPTO: BTC) future, suggesting a potential dip before a significant rally. What Happened: In a podcast with Scott Melker on Feb. 1, Hayes forecasted a short-term pullback to $75,000 before a massive rally to $250,000 by the end of this cycle.

Positive
cover-imageCrypto Economy
February 6, 2025

Trump Media Company to Launch Bitcoin ETF Under Truth.Fi

TL;DR Trump Media & Technology Group (TMTG) will launch three ETFs under the Truth.Fi brand, including one focused on Bitcoin. Yorkville Advisors will manage the funds, while Charles Schwab will act as the custodian of the invested assets. Analysts predict that TMTG's Bitcoin ETF will face strong competition from firms like BlackRock and Fidelity.

Positive
cover-imageCryptoSlate
February 6, 2025

Trump Media unveils Bitcoin ETF amid financial services expansion

Trump Media and Technology Group Corp. (TMTG) is expanding into financial services with a new suite of investment products, including a spot Bitcoin (BTC) exchange-traded fund (ETF), according to a Feb. 6 announcement. President Donald Trump is the largest holder of TMTG, which has applied for trademarks under the Truth.

Neutral
cover-imageBitcoin
February 6, 2025

Bitcoin Hovers Near $98K Amid Market Volatility and Rising Dominance

The dominant cryptocurrency weathered weaker than normal trading volume and a downtrend in price over the past 24 hours. Bitcoin Falls Below $98K as Dominance Climbs Bitcoin (BTC) is trading at $97,102 at the time of reporting, after fluctuating between $96,174.83 and $99,168.61 over the past 24 hours, according to data from Coin Market Cap.

Neutral
cover-imageCoindesk
February 6, 2025

Is Bitcoin Creator Satoshi Nakamoto Canadian?

Eric Trump, son of U.S. President Trump, encourages family-linked World Liberty Financial to buy bitcoin, the SEC scales down and reassigns crypto enforcement staff, and the mystery behind the identity of Satoshi Nakamoto, the creator of Bitcoin, deepens. CoinDesk's Christine Lee anchors “CoinDesk Daily.

Positive
cover-imageUToday
February 6, 2025

Michael Saylor Reconfirms Strategy's Mandate: 'Bitcoin'

About 24 hours after it rebranded its corporate name from MicroStrategy to Strategy, the company's founder and chairman, Michael Saylor, broke his silence. Taking to his official social media account on X, Saylor shared a three-line statement, noting, "Strategy is Bitcoin," reaffirming its brand focus.

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