Bitcoin

Donald Trump’s Trump Media &amp; Technology Group has reportedly entered discussions to acquire Bakkt. Bakkt is a cryptocurrency trading platform backed by the Intercontinental Exchange. According to the report by<a href="https://www.ft.com/content/d7f921d5-3668-4b6b-a98d-2681ad73610f" rel="noopener noreferrer nofollow"> Financial Times</a>, the company is inching closer towards the all-share purchase of Bakkt.The announcement triggered a market response, with Bakkt&#39;s shares experiencing a 162% surge. At press time, the stock price of Bakkt stood at $29.71. Trump Media shares also demonstrated strong performance, closing with a 16.65% gain and a share price of $32.78 at press time.This potential acquisition could have a crucial impact on the cryptocurrency sector, particularly following Donald Trump&#39;s recent presidential election victory and his increasingly crypto-friendly stance. During his July keynote at a major <a href="https://cryptotale.org/bitcoin-targets-138k-as-historical-patterns-signal-growth/" rel="noopener noreferrer nofollow">Bitcoin </a>conference in Nashville, Trump pledged to protect federal Bitcoin holdings and establish a &#34;Bitcoin and crypto presidential advisory council.&#34;<a href="https://cryptotale.org/trump-media-moves-into-crypto-with-potential-bakkt-purchase/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Trump Media Moves Into Crypto With Potential Bakkt Purchase

CryptoTale

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