Trump-Elon feud Erupts, Crypto falls, Coinbase to list Fartcoin 📉
The recent feud between Donald Trump and Elon Musk has led to significant volatility in the cryptocurrency market, with notable declines among top coins such as DOGE, ADA, and ETH. However, the market experienced a rebound shortly thereafter.
In other news, Coinbase is planning to list a new cryptocurrency called Fartcoin. This move comes as part of a broader strategy amid various developments in the crypto and macroeconomic spheres. Meanwhile, Circle's stock surged 200% post-IPO, though trading was halted, and Metaplanet plans a $5.4 billion equity issuance to purchase Bitcoin.
Additional financial maneuvers include Trump Media raising up to $12 billion to buy BTC and Robinhood surpassing Coinbase's market cap. Regulatory shifts are also occurring, such as Singapore removing unlicensed blockchain firms.
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