What’s New in Crypto
Trump Media & Crypto.com Launch “$CRV ypto Treasury” Firm
Trump Media and Crypto.com are teaming up to form Trump Media Group CRO Strategy, a treasury-style firm focused on accumulating Crypto.com’s native token, Cronos (CRO).
The venture will go public via a SPAC merger under the Nasdaq ticker MCGA.
Funding includes $1 billion in CRO, $200 million in cash, $220 million in warrants, and a $5 billion equity line of credit.
Following the announcement, CRO spiked nearly 30%, while Trump Media’s stock rose around 5%.
Market Volatility from Whale Movements
A major sell-off of 24,000 BTC by a whale triggered a sharp reversal after an earlier Bitcoin rally from Fed rate cut optimism.
Bitcoin plunged from about $117,200 to near $110,500, while Ethereum also dipped from around $4,950 to $4,400, despite retaining YTD gains of 18% and 31%, respectively.
Liquidations piled in—$838 million across the crypto market—with $273 million in BTC and $296 million in ETH wiped out.
Live Crypto Prices
Here’s a real-time snapshot of where Bitcoin and Ethereum stand:
$BITCOIN (BTC): ~$110,156, down about 2% on the day.
Ethereum (ETH): ~$4,551, also down nearly 2%.
Popular Crypto Trading Pair to Watch
One of the most actively traded and widely followed pairs in crypto markets is BTC/USD (Bitcoin against the U.S. Dollar):
It remains the most liquid and offers strong insight into market sentiment.
Other frequently monitored pairs include ETH/USD, ADA/USDT, and SOL/USD, especially on platforms like Investing.com and Trading View.
Summary at a Glance
Category Key Highlights New Development Trump Media and Crypto.com form CRO treasury firm; CRO jumps nearly 30%.Market MovementWhale-driven sell-off triggers flash crash; $BTC and ETH both down ~2%.Live PricesBTC ~ $110KPopular PairBTC/USD — most traded and closely watched; others like ETH/USD and ADA/USDT also common.
