{"id":2371025,"date":"2024-11-19T20:49:02","date_gmt":"2024-11-20T01:49:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-media-inches-toward-buying-crypto-exchange-washington-examiner\/"},"modified":"2024-11-19T20:50:44","modified_gmt":"2024-11-20T01:50:44","slug":"trump-media-inches-toward-buying-crypto-exchange-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-media-inches-toward-buying-crypto-exchange-washington-examiner\/","title":{"rendered":"Trump Media inches toward buying crypto exchange &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-media-inches-toward-buying-crypto-exchange-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2371025&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article discusses President-elect Donald Trump&#8217;s\u200d media company, Trump Media and Technology Group, which is reportedly in negotiations to acquire the cryptocurrency exchange Bakkt. Bakkt, which is owned by Intercontinental\u200d Exchange, has seen its market value rise to\u200d nearly $400 million following speculation\u200c about the potential deal. The exchange, previously managed by former Senator Kelly Loeffler, has not confirmed the \u200bdiscussions, adhering to a policy\u200d of not commenting on market rumors. A\u2064 spokesperson for Bakkt\u2062 acknowledged awareness \u2063of \u200dthe rumors but refrained from providing details on the negotiations.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump Media inches toward buying crypto exchange<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1886142\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President-elect <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump&rsquo;s<\/a> <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/big-tech-under-more-fire-for-removing-president-trumps-accounts\/\" title=\"Big Tech under more fire for removing President Trump\u2019s accounts\">social media company<\/a>, Trump Media and Technology Group, is in<a href=\"https:\/\/www.ft.com\/content\/d7f921d5-3668-4b6b-a98d-2681ad73610f\" target=\"_blank\" rel=\"noopener\" title=\"\"> talks <\/a>to buy <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/cryptocurrency\/\" target=\"_blank\" rel=\"noopener\" title=\"\">cryptocurrency<\/a> exchange Bakkt.<\/p>\n<div class=\"article-paywall\">\n<p>Bakkt is owned by Intercontinental Exchange, and its <a href=\"https:\/\/amzn.to\/3YuVZYV\">market capitalization sits close<\/a> to $400 million after its stock surged more than 150% with rumors that Trump could buy the company.<\/p>\n<p>The company was formerly led by former Sen. Kelly Loeffler, a co-chairwoman of Trump&rsquo;s inauguration committee. Bakkt declined to comment on Trump&rsquo;s possible purchase of the company in a statement on its website.<\/p>\n<p>&ldquo;Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it is aware of the rumors that appeared in the financial press regarding a potential transaction involving the Company,&rdquo; a Bakkt spokesperson said. &ldquo;It is the Company&rsquo;s policy not to comment on market rumors or speculation.&rdquo;<\/p>\n<p>Trump platformed himself as a pro-cryptocurrency candidate, appearing at a bitcoin conference in July and telling the audience he would appoint a Securities and Exchange Commission chairman &ldquo;who will build the future, not block the future&rdquo; of crypto.<\/p>\n<p>He promised to ensure America becomes &ldquo;the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/a-trump-presidency-would-be-a-boon-for-crypto\/\" title=\"A Trump Presidency Would Be A Boon For Crypto\">crypto capital<\/a> of the planet and bitcoin superpower of the world.&rdquo;<\/p>\n<p>Trump&rsquo;s campaign accepted <a href=\"https:\/\/www.donaldjtrump.com\/crypto\" target=\"_blank\" rel=\"noopener\" title=\"\">donations<\/a> in crypto and rolled out World Liberty Financial in September. WLF serves as a &ldquo;decentralized finance&rdquo; initiative centered on a crypto token called WLFI.<\/p>\n<p>Cryptocurrency memecoin Dogecoin surged following Trump&rsquo;s victory and Elon Musk&rsquo;s solidified role in the Department of Government Efficiency.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong><\/strong><\/a><\/p>\n<p>Cryptocurrency markets as a whole also surged following Trump&rsquo;s election win, with bitcoin up about 30% as investors speculate he will be favorable to the digital currency.<\/p>\n<p>If Trump buys Bakkt, it will be a sign he is committed further to the goal of being favorable to cryptocurrency.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1886142\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1886142\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump Media is negotiating to acquire crypto exchange Bakkt<\/p>\n","protected":false},"author":1,"featured_media":2371026,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/08\/trumpsocialmedia.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[33371,45344,10680,40233,32076],"class_list":["post-2371025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-business-news","tag-crypto-exchange","tag-finance","tag-trump-media","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/08\/trumpsocialmedia.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2371025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2371025"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2371025\/revisions"}],"predecessor-version":[{"id":2371029,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2371025\/revisions\/2371029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2371026"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2371025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2371025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2371025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}