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Stock impact report

Bitcoin Gets Another Fillip From US's Growing Embrace of Crypto [Yahoo! Finance Canada]

Trump Media & Technology Group Corp. (DJT) 
Most Read from Bloomberg At the top of the tape was the revelation that the president-elect's Trump Media & Technology Group Corp. is in talks to buy digital-asset marketplace Bakkt Holdings Inc., which sparked a surge in the shares of both companies. Other developments included Nasdaq Inc.'s plan to list options on the $43 billion iShares Bitcoin Trust as early as Tuesday and Goldman Sachs Group Inc.'s push to spin out its digital-asset platform, signs of how crypto and its underlying blockchain technology are burrowing deeper into the financial system. Bitcoin jumped as high as $92,606 on Monday in the US before changing hands at $90,565 as of 8:06 a.m. Tuesday in Singapore, about $3,000 below a record set last week. The largest digital asset is up 35% since Trump's Nov. 5. election win on a platform that included making the US the world's crypto capital. ‘On the Move' “The crypto scene is on the move once again,” Chris Weston, head of research at Pepperstone Group, wrote Show less Read more
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