A technology company called GD Culture Group said on May 12 that it had struck a $300 million funding deal to help it amass a stockpile of cryptocurrencies, including bitcoin and the president’s memecoin, $TRUMP. The announcement sent shares of GD Culture, which is based in New York but operates in China, up by 14%. Three days later, Chinese garment maker Addentax Group said it was in discussions with unnamed crypto holders to buy up to $800 million of $TRUMP tokens and bitcoin.
Related Posts
Crude Oil Futures Experience Downturn as Traders Await U.S. Economic Data
Introduction After a brief gain in the previous session, crude oil futures turned lower on Thursday as traders…
Assessing Spending Habits
To gain insight into a client’s spending habits, financial advisers employ various methods. One approach involves analyzing credit…
Energy Market Updates
Brent crude oil is experiencing a decline of 1.7%, currently priced at $89.36 per barrel. This decrease in…
XRP Investor’s Guide: How to Maximize Investment Returns with BYDFi Platform
XRP (Ripple Coin), the core digital asset of the Ripple network, has always been considered one of the…