The post Donald Trump’s Company Releases New Statement Regarding Altcoin Partnership and Hundreds of Million Dollars Investment! “Ends Speculation!” – Sudden Price Jump! appeared on BitcoinEthereumNews.com. US President Donald Trump’s company, the media company Truth Social, has made a new move regarding Cronos (CRO), with which it had previously partnered. Accordingly, Truth Social and Truth+ platforms announced that they will allow users to convert their “gems” earned as usage rewards for participating in various events into Cronos (CRO). According to the press release, this information was shared due to rumors that the platforms would issue their own tokens. With this announcement, Truth Social has ended previous speculation that they would launch their own token. Truth gems will be available to all Patriot Pack subscribers as part of an updated rewards system that will allow Truth Social and Truth+ users to convert gems earned by participating in various activities across platforms using Crypto.com’s digital wallet infrastructure into Cronos (CRO) and other benefits. Following the news, the CRO price experienced a huge surge. Trump’s company, Trump Media Group, previously announced that it would establish a digital asset treasury firm, Trump Media Group CRO Strategy, focused on acquiring $6.42 billion worth of CROs. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/donald-trumps-company-releases-new-statement-regarding-altcoin-partnership-and-hundreds-of-million-dollars-investment-ends-speculation-sudden-price-jump/The post Donald Trump’s Company Releases New Statement Regarding Altcoin Partnership and Hundreds of Million Dollars Investment! “Ends Speculation!” – Sudden Price Jump! appeared on BitcoinEthereumNews.com. US President Donald Trump’s company, the media company Truth Social, has made a new move regarding Cronos (CRO), with which it had previously partnered. Accordingly, Truth Social and Truth+ platforms announced that they will allow users to convert their “gems” earned as usage rewards for participating in various events into Cronos (CRO). According to the press release, this information was shared due to rumors that the platforms would issue their own tokens. With this announcement, Truth Social has ended previous speculation that they would launch their own token. Truth gems will be available to all Patriot Pack subscribers as part of an updated rewards system that will allow Truth Social and Truth+ users to convert gems earned by participating in various activities across platforms using Crypto.com’s digital wallet infrastructure into Cronos (CRO) and other benefits. Following the news, the CRO price experienced a huge surge. Trump’s company, Trump Media Group, previously announced that it would establish a digital asset treasury firm, Trump Media Group CRO Strategy, focused on acquiring $6.42 billion worth of CROs. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/donald-trumps-company-releases-new-statement-regarding-altcoin-partnership-and-hundreds-of-million-dollars-investment-ends-speculation-sudden-price-jump/

Donald Trump’s Company Releases New Statement Regarding Altcoin Partnership and Hundreds of Million Dollars Investment! “Ends Speculation!” – Sudden Price Jump!

2025/09/09 23:08

US President Donald Trump’s company, the media company Truth Social, has made a new move regarding Cronos (CRO), with which it had previously partnered.

Accordingly, Truth Social and Truth+ platforms announced that they will allow users to convert their “gems” earned as usage rewards for participating in various events into Cronos (CRO).

According to the press release, this information was shared due to rumors that the platforms would issue their own tokens.

With this announcement, Truth Social has ended previous speculation that they would launch their own token.

Following the news, the CRO price experienced a huge surge.

Trump’s company, Trump Media Group, previously announced that it would establish a digital asset treasury firm, Trump Media Group CRO Strategy, focused on acquiring $6.42 billion worth of CROs.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Source: https://en.bitcoinsistemi.com/donald-trumps-company-releases-new-statement-regarding-altcoin-partnership-and-hundreds-of-million-dollars-investment-ends-speculation-sudden-price-jump/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

USD/CHF rises on US dollar rebound, weak Swiss economic data

USD/CHF rises on US dollar rebound, weak Swiss economic data

The post USD/CHF rises on US dollar rebound, weak Swiss economic data appeared on BitcoinEthereumNews.com. USD/CHF trades slightly higher on Friday, around 0.8060, up 0.15% at the time of writing. The pair remains on track for a weekly gain, supported by the persistent weakness of the US Dollar (USD) amid growing expectations of interest rate cuts by the Federal Reserve (Fed). The US Dollar Index (DXY) is heading toward its worst weekly performance since July, despite a modest rebound on Friday driven by firmer US Treasury yields. Investors continue to price in substantial monetary easing over the next 12 months. According to the CME FedWatch tool, the chance of a 25-basis-point cut at the December meeting now stands at 85%, compared with less than 40% one month ago. This dynamic is reinforced by dovish comments from several Fed officials and this week’s soft US Retail Sales data. Speculation within the National Economic Council (NEC), suggesting that Kevin Hassett may emerge as the leading candidate to replace Jerome Powell in May, also fuels expectations of a prolonged easing cycle through 2026. In this context, US Dollar rallies are likely to remain contained unless the macroeconomic backdrop shifts meaningfully. In Switzerland, the Swiss Franc (CHF) lacks momentum following economic indicators that came in well below expectations. Swiss Gross Domestic Product (GDP) contracted 0.5% (QoQ) in Q3, below the 0.4% contraction consensus and after a revision of the previous quarter to 0.2%. Growth YoY slowed to 0.5%, far below the previously reported 1.3%. The only positive signal came from the KOF Leading Indicator, which improved to 101.7 from 101.03, slightly above consensus. Still, the data confirms a slowdown in the Swiss economy, reinforcing expectations that the Swiss National Bank (SNB) may keep its policy rate at 0.00% potentially through 2027, according to several analysts. Overall, the environment continues to favour USD/CHF upside, although the pair remains sensitive to…
Share
BitcoinEthereumNews2025/11/28 22:04