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Trump Pushes Further With Crypto

bitcoinflood - 2024-11-19 14:58:03


It's still unclear how much action trump and his team will actully put forward for crypto. There were a lot of promisses but I never believe it until I actully see them doing it. That being said Trump is making another move in the crypto space with Truth Social as it's now going after Bakkt. Bakkt is a cryptocurrency trading venue owned by Intercontinental exchange. Now also it's worth mentioning that the entitiy going after this is that of TMTG which is the truth social platform and business.


This not only sent Truth social stocks up but it also booste Bakkt shares of 16.7% now it's always funny to me when you hear about stocks soaring and it's 15% but then crypto when it soars its mainly 20% and 100% lol


Now the big plus of Bakkt is that it's a custody business and has regulatory license in New York. This could be a move to jump start trumps crypto focus and benefit himself which of course will be the case so whatever benefits trump you're going to want to do your best to be in it as well lol.