Crypto Rallies as Shutdown Nears End!

Bitcoin and Ethereum jumped as optimism returned thanks to news that the US government shutdown may soon end.

Here's what we've got for you today:

  • Bitcoin, Ethereum Surge as US Senate Advances Bill to End Government Shutdown

  • Robert Kiyosaki Predicts Crash and Doubles Down on Bitcoin

  • Trump Media Posts $55M Q3 Loss as Bitcoin Bet Reaches $1.3B

  • Ledger Considering New York IPO or Fundraise as Demand for Hardware Wallets Climbs: FT

Bitcoin and Ethereum rallied as markets welcomed news of a US Senate funding deal that could end the government shutdown.

  • Bitcoin surged 4+% and Ethereum jumped 7+% as optimism returned to global markets thanks to news that the US government shutdown may soon end.

  • The US Senate passed a bipartisan funding bill 60-40, which could signal the potential end of the 40-day shutdown, pending House approval and President Trump’s signature.

  • Analysts said the political breakthrough eased market pressures, and fueled expectations for looser monetary policy.

Robert Kiyosaki doubled down on gold, silver, Bitcoin, and Ethereum, predicting massive price gains by 2026.

  • Robert Kiyosaki said he is buying more gold, silver, Bitcoin, and Ethereum as he prepares for what he calls an inevitable global financial crash, and set price targets of $27,000 for gold and $250,000 for Bitcoin by 2026.

  • He credited economist Jim Rickards and Fundstrat’s Tom Lee for his bullish outlook on gold and Ethereum.

  • Kiyosaki criticized the Fed and US Treasury for money printing and urged investors to move toward tangible “real money” assets due to rising debt and market instability.

Trump Media reported a $54.8 million Q3 loss despite holding over 11,500 Bitcoin.

  • Trump Media and Technology Group reported a $54.8 million Q3 loss, widening from $19.3 million last year.

  • The company’s revenue fell to $972,900 from just over $1 million a year ago, while its shares slipped 1.73% on the day the results were released.

  • Trump Media, which runs Truth Social, began buying Bitcoin in July and said it plans to expand its crypto holdings to include other digital assets.

Ledger plans a major 2025 fundraising round or New York listing as booming demand for its crypto hardware wallets drives record revenues.

  • Hardware wallet maker Ledger is planning to raise new capital in 2025, potentially through a New York listing or private funding round, as demand for crypto security products reaches record highs.

  • CEO Pascal Gauthier said Ledger is expanding its New York presence, and explained that “money is in New York today for crypto.”

  • The company is on track for its best financial year yet, with 2025 revenues already in the triple-digit millions ahead of the holiday shopping surge.

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