$TRUMP - Some small Chinese companies bet that the president's memecoin $Trump will help them avoid losing ground on American stock exchanges.
A technology company called GD Culture Group announced on May 12 that it had closed a $300 million financing deal to help it accumulate a stockpile of cryptocurrencies, inclusive of bitcoin and the president's memecoin, $TRUMP .
The announcement caused shares of GD Culture, based in New York but operating in China, to rise by 14%.
Three days later, the Chinese clothing manufacturer Addentax Group stated it was in negotiations with unidentified cryptocurrency holders to purchase up to $800 million in tokens $TRUMP and bitcoin.
Addentax's shares did not receive the same boost, falling about 7% that Thursday, after an intraday surge of more than 150%.
GD Culture and Addentax share more than just ties to China and a mutual affinity for the president's memecoin:
- both are at risk of being delisted from Nasdaq, a major U.S. stock exchange.
And by promoting investments in cryptocurrencies (and in Trump), these companies may simply be seeking ways to boost their stock prices and maintain their listings in the U.S., securities industry executives said.
"They want to invoke the T word for a boost," said Daniel McClory, head of China at Boustead Securities, an investment bank.
"I bet we will see many more transactions like this, certainly because cryptocurrencies are on the rise "
It's been about 3 months or more since I got into this crypto business (like a little tiger, right) and so far I haven't become a millionaire. I ask those who have been in this field longer, does it take a long time to happen? I'm starting to get impatient lol
$SOL — In a recent transaction report from Congress, it was revealed that Guy Reschenthaler,
representative of Pennsylvania's 14th congressional district, conducted a transaction involving Solana (CRYPTO:SOL).
The operation was a sale of the cryptocurrency Solana, with the dollar amount of the transaction ranging from $1,001 to $15,000.
The transaction took place on May 12, 2025, and was promptly reported the same day. The report does not indicate whether the sale resulted in capital gains exceeding $200.
The type of investment vehicle used for this transaction was cryptocurrency, as indicated by the asset type code [CT] in the report.
This suggests that Reschenthaler is among the members of Congress participating in the digital currency market.
It is important to note that, although this transaction is public information, the motivations and strategies behind Reschenthaler's investment decisions are not disclosed in the report. As always, investors are encouraged to do their own research and consider multiple factors when making investment decisions.
$BTC — Bitcoin reached a new all-time high on Thursday, surpassing the mark of $109,000 for the first time, amid growing institutional interest and market optimism following the approval of spot Bitcoin ETFs in the United States.
The world's leading cryptocurrency recorded an increase of approximately 8% in the last 24 hours, continuing its impressive appreciation trajectory that has already accumulated over 150% this year.
Trading volume also soared, with major exchanges recording record activity in recent hours. This upward movement also boosted other cryptocurrencies, with Ethereum rising over 5% and several altcoins showing double-digit gains.
Investors and experts are now speculating on how far Bitcoin can go in this bullish cycle, with some more optimistic forecasts pointing to $150,000 by the end of the year.
What do you think about this?? Will it reach 150,000? If it does, many people will get rich.
with it you can use your stable coins to move some extra cash with your cryptos..
apps77
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Tips to profit more with cryptocurrencies.. ( for new investors ) 🏁✅️✅️✅️✅️
1- buy penny tokens, those that cost cents of dollars.. 💎💎💎
ex. Pepe = 0.00001347✴️
2- stalk your cryptos.. 🪫🔋
3- have a clear long-term plan. and focus on the financial goal or accumulating tokens. ( they will always appreciate in value. ) 📅📝
4- Do not keep money in digital wallets or exchanges, have a USB wallet as soon as possible💰💰💰
5- Gradually study the history of cryptos, start with bitcoin, then move on to ethereum, and study one by one. 📚📚📚 this will give you a good understanding of the market .. 🌏🌏🌏 and remember .
methods of transactions . 🚦🚦🚦
networks 🎁🎁🎁
erc20 - Ethereum Bsc - Binance Sol - Solana . trx - Tron
never send the same tokens to the wrong network. in other words, always check the network. of your token to be sent, it is located within the sending of each token .
make money with little, it's not impossible ! minimum investment on Binance, only 10 Reais.
Bitcoin continued its upward trajectory on Wednesday, approaching its all-time high, after the U.S. Senate moved forward with the GENIUS Act,
an important stablecoin regulation project, overcoming previous legislative hurdles.
The world's largest cryptocurrency rose 1.4% to $107,595.50 at 05:42 (Brasilia time).
The token appeared to be in a consolidation phase near a four-month high. It was just a little below surpassing its historical record of $109,288, reached in January.
Bitcoin near all-time high; trade concerns and Fed uncertainties limit gains The rise aligns with a broader increase in digital assets this month, driven by favorable political changes under President Donald Trump and a temporary truce in trade relations between Washington and Beijing.
The advancement of the stablecoin bill on Tuesday was seen as a major victory for the cryptocurrency industry, signaling a more favorable regulatory environment.
The bill is likely to be voted on in the Senate floor later this week and, if approved, will be sent to President Donald Trump's office for approval.
Additionally, the establishment of a Strategic Bitcoin Reserve by the Trump administration in March, aimed at positioning the U.S. as a leader in digital assets, further boosted market enthusiasm.
Cryptocurrency prices today: most altcoins rise slightly; $TRUMP soars Most altcoins also extended gains on Tuesday, in line with Bitcoin's rise.
Ethereum, the second-largest cryptocurrency in the world, rose 1% to $2,584.85.
XRP, the third-largest cryptocurrency in the world, remained virtually unchanged at $2.3826.
Solana gained 1% and Cardano added 2.3%, while Polygon fell 0.3%.
Among meme tokens, Dogecoin jumped 2.8%, while $TRUMP soared 12.1%.