Reports indicate that Donald Trump's social media group, Trump Media, is in advanced talks to acquire Bakkt, a cryptocurrency trading platform. This marks a major shift from his previous skepticism about digital currencies. Here's what we know so far:

Trump Media could expand into crypto trading with Bakkt

Market reaction has been significant, with volatility in both stocks

Acquisition aligns with Trump's crypto-friendly strategy

Potential implications for crypto regulations and political landscape

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