Senate Banking Committee Releases Updated Draft Crypto Market Structure Bill

The post Trump Media (DJT) Takes $105M in Cronos (CRO) Tokens in Crypto.com Deal appeared on BitcoinEthereumNews.com. Trump Media and Technology Group (DJT), the parent of Truth Social linked to U.S. President Donal Trump, closed a purchase agreement with crypto exchange Crypto.com that gives it 684.4 million Cronos CRO$0.2715 tokens. The $105 million transaction, split between cash and stock, amounts to about 2% of the circulating supply of the token, the firms said in a Friday press release. Both CRO and Trump Media’s shares will remain locked up for a set period, they added. DJT stock and CRO were both little-changed in Friday trade. The agreement is part of a broader partnership between the two companies that will bring CRO into Truth Social and Truth+ as a rewards feature. Trump Media said it will store the tokens with Crypto.com’s custody service and stake them to generate additional income. Crypto.com CEO Kris Marszalek said the move marks the beginning of wider adoption efforts for CRO, while Trump Media chair Devin Nunes called the token a “versatile utility” tool for payments and transfers. The deal follows Trump Media’s launch of a separate entity, Trump Media Group CRO Strategy, which is preparing to acquire up to 19% of CRO’s circulating supply through a planned SPAC merger. That venture aims to create a digital asset treasury focused on stacking CRO tokens. Trump Media is pushing deeper into finance and digital assets, revealing plans to roll out multiple crypto-focused ETFs and managed investment products. The firm also held $2 billion in bitcoin BTC$110,852.27, according to its Q2 report. Read more: Trump Media, Crypto.com to Build $6.4B CRO Treasury Firm, CRO Jumps 25% Source: https://www.coindesk.com/business/2025/09/05/trump-media-closes-on-purchase-of-usd105m-in-cronos-tokens-in-crypto-com-deal

Detail: https://coincu.com/news/sec-delays-grayscale-polkadot-etf-2/

The post Institutional Players Add 218,750 Ethereum ($943M) In 2 Days: Big Money Bets On ETH appeared on BitcoinEthereumNews.com. Institutional Players Add 218,750 Ethereum ($943M) In 2 Days: Big Money Bets On ETH | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Sebastian’s journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian’s contributions quickly gained recognition, and he became a trusted voice in the online crypto community. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian’s passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance.…