Gemini Wins CFTC Approval for US Prediction Markets Platform

Gemini Titan, an affiliate of the Gemini Space Station, has secured a pivotal license from the U.S. Commodity Futures Trading Commission (CFTC) to operate a Designated Contract Market (DCM), clearing the path for its launch of regulated prediction markets in the United States. This move marks Gemini’s strategic entry into the burgeoning event-contracts sector, positioning it against established players like Kalshi and Polymarket. The approval arrives amid a significant regulatory shift, with Gemini’s leadership crediting the Trump administration and CFTC Acting Chair Caroline Pham for fostering a more innovation-friendly environment that ends what they termed the ‘war on crypto.’

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Trump Media Posts $54.8M Loss Despite Bitcoin Gains

Trump Media and Technology Group reported a widening net loss of $54.8 million in the third quarter despite significant gains from its cryptocurrency holdings. The company’s Bitcoin and Cronos investments generated substantial income but were offset by rising operational costs. Revenue declined to $972,900 as the social media platform continues its expansion strategy.

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Trump Media Posts $54.8M Loss Despite $1.3B Bitcoin Buys

Trump Media and Technology Group reported widening quarterly losses despite accumulating $1.3 billion in Bitcoin holdings, revealing the cryptocurrency investments failed to offset fundamental business challenges. The company’s Q3 earnings showed a $54.8 million net loss as revenues declined to under $1 million, sending DJT shares lower and raising questions about the viability of Bitcoin as a balance sheet solution for struggling companies.

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Trump Media Posts $54.8M Q3 Loss, DJT Stock Hits 1-Year Low

Trump Media & Technology Group reported a devastating $54.8 million net loss in the third quarter of 2025, driving its DJT stock to the lowest price point in over a year. Despite generating $28.7 million from Bitcoin-related activities and interest holdings, the company was crushed by digital asset depreciation and legal costs stemming from its 2024 SPAC merger. The poor performance has triggered a 25% stock decline over the past month, forcing the company to pivot toward prediction markets through a new partnership with Crypto.com.

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Truth Social Partners with Crypto.com for Prediction Markets

Trump Media and Technology Group is launching a groundbreaking prediction market platform called Truth Predict through a strategic partnership with cryptocurrency exchange Crypto.com. The initiative aims to transform Truth Social’s 6.3 million users into active participants in forecasting markets, positioning the move as a challenge to traditional elite-controlled information systems. CEO Devin Nunes declared this collaboration will democratize information by turning free speech into actionable foresight through crowd wisdom.

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Trump Media Launches Prediction Market with Crypto.com

Trump Media and Technology Group is partnering with cryptocurrency exchange Crypto.com to launch Truth Predict, a new prediction market platform that will allow users to bet on elections, sports, and cryptocurrency prices through Trump’s Truth Social network. The announcement comes despite recent regulatory setbacks for Crypto.com in Nevada and positions Trump Media to capitalize on its $3 billion in assets and first quarter of positive operating cash flow since going public last year.

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Trump Media Launches Prediction Markets with Crypto.com

Trump Media and Technology Group is making history by partnering with cryptocurrency exchange Crypto.com to launch prediction markets on Truth Social, positioning itself as the first publicly traded social media platform to offer such services. The groundbreaking collaboration, announced by CEO Devin Nunes, will enable users to trade prediction contracts on political elections, economic indicators, and sports outcomes through the new ‘Truth Predict’ feature. The announcement immediately triggered a 10% price surge for Crypto.com’s native token CRO, continuing a pattern of significant market movements following Trump Media’s strategic crypto initiatives.

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Crypto Market Plunges $19B in Record Liquidation Event

Cryptocurrency markets experienced their largest liquidation event in history on Friday, with over $19 billion in positions wiped out amid escalating trade tensions between the U.S. and China. The massive sell-off saw Bitcoin plummet from $121,000 to below $106,000 within hours, while altcoins suffered even steeper declines, with some losing over 50% of their value in a single hour during what industry experts are calling an unprecedented market bloodbath.

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Cronos Token Plummets After Trump Media $6.4B Treasury Deal

Cronos (CRO), the native cryptocurrency of Crypto.com’s Cronos Chain, has experienced a dramatic reversal of fortune, shedding nearly 50% of its market value—approximately $6 billion—following a high-profile treasury announcement involving Trump Media and Technology Group. The token initially surged 40% on August 26 when Trump Media revealed a joint $6.4 billion CRO treasury, but persistent selling pressure has since pushed the price below $0.19, nearly erasing all gains and returning to pre-announcement levels.

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SEC Delays Truth Social Bitcoin ETF, 92 Crypto Funds Await

The U.S. Securities and Exchange Commission has postponed its decision on the Truth Social spot Bitcoin ETF, extending the review period and opening the proposal for public comments. This delay reflects a broader regulatory caution affecting over 92 pending crypto ETF applications from major financial institutions, with many facing extended deadlines into October and November under new SEC leadership.

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Trump Sues NYT for $15B, Google Invests $6.8B in UK AI

Former President Donald Trump has launched a monumental $15 billion defamation lawsuit against The New York Times, accusing the publication of acting as a mouthpiece for the Democratic Party. The legal action, filed in Florida and announced via his Truth Social platform, comes alongside Google’s significant £5 billion ($6.8 billion) commitment to bolster the UK’s artificial intelligence economy. These parallel developments unfold as Trump prepares to announce over $10 billion in economic deals during his UK visit, creating a complex tapestry of legal, technological, and economic narratives.

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