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Trump Media posts net income driven by digital asset gains
Trump Media & Technology Group reported $409.7 million in third-quarter net income. The profit resulted from digital asset gains during a quarter when BTC moved from approximately $59,000 to $84,000.
- The company recorded a $378.1 million gain on digital assets and pledged digital assets.
- Core operations posted a loss.
Poland passes sanctions bill including crypto freezes for listed entities
BitGo reports higher profit and lower revenue in third quarter
Ethereum Foundation asks core developers to delay Glamsterdam upgrade decision
Grayscale pledges one million dollars to the Zcash ecosystem
Grayscale plans to direct $1 million to nonprofits supporting the Zcash ecosystem. The asset manager will fund this by reinvesting 100% of the sponsor fees from its Zcash ETF, which trades under the ticker ZCSH.
October consumer price index rises 0.4 percent in United States
The Bureau of Labor Statistics reported that the Consumer Price Index for October increased by 0.4 percent. This figure surpassed the 0.3 percent monthly increase economists expected. Core prices increased 0.3 percent.
Anthropic targets Nasdaq listing with valuation up to $1.75 trillion
Anthropic plans to list its Class A shares on Nasdaq under the ticker ANT. The company filed a Form S-1 registration with the US Securities and Exchange Commission.
Trump media discloses large bitcoin holdings and quarterly net income
Trump media and technology group disclosed its cryptocurrency portfolio in a regulatory filing. The company reported holding a total of 15,649 bitcoin at the end of the third quarter.
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