๐บ๐ธ Trump Crypto Wallet: Real or Rumor?
๐ Bloomberg reports that Donald Trump is launching a crypto wallet and trading app, with development led by Magic Eden and TrumpMeme.
However, Trumpโs sons have publicly denied involvement:
๐ฃ Eric Trump: "I know nothing about this project."
๐ฃ Donald Trump Jr.: "The Trump Organization has zero involvement. But stay tuned โ our official wallet via World Liberty Financial is coming soon."
Despite denials, similar rumors around Trump-related projects have materialized in the past โ and Trump Jr.โs comment suggests an official product is indeed in the works. ๐ค
๐ Bloomberg reports that Donald Trump is launching a crypto wallet and trading app, with development led by Magic Eden and TrumpMeme.
However, Trumpโs sons have publicly denied involvement:
๐ฃ Eric Trump: "I know nothing about this project."
๐ฃ Donald Trump Jr.: "The Trump Organization has zero involvement. But stay tuned โ our official wallet via World Liberty Financial is coming soon."
Despite denials, similar rumors around Trump-related projects have materialized in the past โ and Trump Jr.โs comment suggests an official product is indeed in the works. ๐ค
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๐บ๐ธ ๐ชU.S. Military May Back Bitcoin Reserve โ Senator Lummis
Senator Cynthia Lummis has stated that U.S. military leadership is reportedly open to supporting the creation of a Bitcoin reserve. This would mark a significant development in the institutional adoption of BTC.
In addition, Lummis reiterated her long-term outlook, predicting that Bitcoin could see a major price surge within the next 10 years. ๐
As global interest in digital assets grows, the idea of Bitcoin as a strategic reserve is gaining traction โ even at the national defense level.
Senator Cynthia Lummis has stated that U.S. military leadership is reportedly open to supporting the creation of a Bitcoin reserve. This would mark a significant development in the institutional adoption of BTC.
In addition, Lummis reiterated her long-term outlook, predicting that Bitcoin could see a major price surge within the next 10 years. ๐
As global interest in digital assets grows, the idea of Bitcoin as a strategic reserve is gaining traction โ even at the national defense level.
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๐บ๐ธโ๏ธ Marathon Digital (MARA), the largest Bitcoin miner in the U.S., mined 950 BTC in May โ the highest monthly total since the April 2024 halving and a 35% increase from April's output. ๐
๐ The company now holds 49,179 BTC on its balance sheet, with no coins sold.
Steady growth and strong accumulation โ a bullish signal for the mining sector. ๐
๐ The company now holds 49,179 BTC on its balance sheet, with no coins sold.
Steady growth and strong accumulation โ a bullish signal for the mining sector. ๐
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๐ Tether CEO Paolo Ardoino: Companyโs main focus remains outside the U.S., despite friendlier domestic policies under President Trump
๐ต Why? Global stablecoin demand is booming โ with Asia and Latin America leading the way. In 2024 alone, stablecoin payments hit $51.4B, with USDT holding a dominant 62โ91% share in most markets.
๐บ๐ธ Meanwhile, U.S. regulations (like the Genius Act) could bring audits, compliance burdens, and slower growth โ pushing Tether to possibly launch a separate U.S.-compliant stablecoin instead.
Tetherโs bet? Go where crypto is needed most โ and least regulated. ๐
๐ต Why? Global stablecoin demand is booming โ with Asia and Latin America leading the way. In 2024 alone, stablecoin payments hit $51.4B, with USDT holding a dominant 62โ91% share in most markets.
๐บ๐ธ Meanwhile, U.S. regulations (like the Genius Act) could bring audits, compliance burdens, and slower growth โ pushing Tether to possibly launch a separate U.S.-compliant stablecoin instead.
Tetherโs bet? Go where crypto is needed most โ and least regulated. ๐
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๐ Bitcoinโs supply is drying up โ and a breakout may be near: Sygnum Bank
๐ Over the past 18 months, BTCโs liquid supply dropped 30%, fueled by ETF inflows, corporate buys, and state-level reserve strategies. Around 1M BTC left exchanges since late 2023 โ setting up a potential demand shock. ๐ง
๐ Growing interest from Pakistan, Reform UK, and 3 U.S. states considering BTC reserves could further boost momentum โ not just via demand, but strong market signals.
๐ฅ Meanwhile, Bitcoin's upside volatility now outpaces downside, signaling a maturing asset class attracting institutional capital.
Even Ethereum is catching a bid again, with the Pectra upgrade reviving interest from big players. ๐ฐ
Sygnum: โThe stage is set for explosive upside.โ ๐ฅ
๐ Over the past 18 months, BTCโs liquid supply dropped 30%, fueled by ETF inflows, corporate buys, and state-level reserve strategies. Around 1M BTC left exchanges since late 2023 โ setting up a potential demand shock. ๐ง
๐ Growing interest from Pakistan, Reform UK, and 3 U.S. states considering BTC reserves could further boost momentum โ not just via demand, but strong market signals.
๐ฅ Meanwhile, Bitcoin's upside volatility now outpaces downside, signaling a maturing asset class attracting institutional capital.
Even Ethereum is catching a bid again, with the Pectra upgrade reviving interest from big players. ๐ฐ
Sygnum: โThe stage is set for explosive upside.โ ๐ฅ
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๐ฃ ScamSniffer's May 2025 phishing report reveals a sharp rise in stolen crypto: $9.69M taken from 7,547 victims
๐ Thatโs 83% more losses than in April โ with nearly the same number of victims (+0.2%).
๐ Two main tactics did the damage:
๐ด $3.13M lost via phishing approval signatures
๐ด $2.59M through address poisoning attacks
๐จ Stay vigilant โ phishing is getting smarter, not louder.
๐ Thatโs 83% more losses than in April โ with nearly the same number of victims (+0.2%).
๐ Two main tactics did the damage:
๐ด $3.13M lost via phishing approval signatures
๐ด $2.59M through address poisoning attacks
๐จ Stay vigilant โ phishing is getting smarter, not louder.
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๐ Circle Goes Public, Raises $1.1B in IPO
Stablecoin issuer Circle has successfully completed its long-awaited IPO, raising $1.1B in an upsized offering at $31/share, valuing the firm at $6.9B (or $8.1B fully diluted).
๐ฆ Backed by big names like BlackRock (buying ~10% of IPO shares) and ARK Invest, the deal was 25x oversubscribed, signaling strong investor demand.
๐ต Circleโs USDC holds ~29% of the stablecoin market, with $61B in circulation. The company manages $53.3B in reserves through BlackRockโs money market fund.
๐บ๐ธ IPO lands amid growing calls for stablecoin regulation in the U.S., with Wall Street eyeing entry into the space.
๐ต CRCL trading starts Thursday on NYSE.
Stablecoin issuer Circle has successfully completed its long-awaited IPO, raising $1.1B in an upsized offering at $31/share, valuing the firm at $6.9B (or $8.1B fully diluted).
๐ฆ Backed by big names like BlackRock (buying ~10% of IPO shares) and ARK Invest, the deal was 25x oversubscribed, signaling strong investor demand.
๐ต Circleโs USDC holds ~29% of the stablecoin market, with $61B in circulation. The company manages $53.3B in reserves through BlackRockโs money market fund.
๐บ๐ธ IPO lands amid growing calls for stablecoin regulation in the U.S., with Wall Street eyeing entry into the space.
๐ต CRCL trading starts Thursday on NYSE.
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๐ A solo miner has successfully mined a Bitcoin block and earned a 3.151 BTC reward โ over $330,000!
The block (๐ link) was found without a pool โ a rare and lucky win in today's mining landscape dominated by large players.
The block (๐ link) was found without a pool โ a rare and lucky win in today's mining landscape dominated by large players.
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๐ฆ The US banking giant JPMorgan is launching crypto-backed loans, starting with BlackRockโs Bitcoin ETF (IBIT) as collateral - Bloomberg
๐ Clients โ from retail to HNWIs โ will soon be able to borrow against crypto-linked assets, with the bank planning to expand the collateral list over time.
๐ Crypto will also be factored into clientsโ liquidity profiles, alongside stocks, cars, and art.
๐ง Despite CEO Jamie Dimonโs ongoing crypto skepticism (calling BTC a โcriminal toolโ), the bank is moving forward โ offering services in response to client demand, not personal opinion.
๐ A big signal of TradFi embracing crypto, no matter what their CEOs say publicly.
๐ Clients โ from retail to HNWIs โ will soon be able to borrow against crypto-linked assets, with the bank planning to expand the collateral list over time.
๐ Crypto will also be factored into clientsโ liquidity profiles, alongside stocks, cars, and art.
๐ง Despite CEO Jamie Dimonโs ongoing crypto skepticism (calling BTC a โcriminal toolโ), the bank is moving forward โ offering services in response to client demand, not personal opinion.
๐ A big signal of TradFi embracing crypto, no matter what their CEOs say publicly.
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๐ฐ๐ฌ๐ง UK-based gold mining company Bluebird Mining is shifting from Gold to Bitcoin as a store of value
The firm announced plans to sell part of its gold reserves and convert them into BTC, citing Bitcoinโs growing popularity and its rising role as โdigital gold.โ ๐ง
๐ฆ Bluebird claims goldโs dominance as a hedge asset is under threat, and this move marks a strategic step toward the digitalization of value storage.
The firm announced plans to sell part of its gold reserves and convert them into BTC, citing Bitcoinโs growing popularity and its rising role as โdigital gold.โ ๐ง
๐ฆ Bluebird claims goldโs dominance as a hedge asset is under threat, and this move marks a strategic step toward the digitalization of value storage.
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๐ CryptoQuant: Hash Ribbon Flashes Buy Signal!
The Hash Ribbon indicator โ which tracks miner activity via 30/60-day Hash Rate averages โ has signaled the end of miner capitulation for the first time since the recent halving. ๐
This comes as the Hash Rate hits a new ATH of 638 EH/s, with miners upgrading equipment and resuming operations, reducing their need to sell BTC. ๐ฅ
Historically, this signal has preceded strong upward price movements, as selling pressure from miners eases. A bullish sign for Bitcoin! ๐
The Hash Ribbon indicator โ which tracks miner activity via 30/60-day Hash Rate averages โ has signaled the end of miner capitulation for the first time since the recent halving. ๐
This comes as the Hash Rate hits a new ATH of 638 EH/s, with miners upgrading equipment and resuming operations, reducing their need to sell BTC. ๐ฅ
Historically, this signal has preceded strong upward price movements, as selling pressure from miners eases. A bullish sign for Bitcoin! ๐
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๐ฅ Elon vs. Trump: Twitter War Escalates
Elon Musk just accused Donald Trump of pedophilia, claiming heโs mentioned in the sealed Epstein files ๐ฎ
Trump hit back saying heโd win elections without Elonโs help โ Musk insists his support was crucial.
Meanwhile:
๐ Tesla stock: -14.46%
๐ Trump Media: -7.54%
๐ BTC: $101K
Musk didnโt stop there โ heโs now threatening to halt SpaceXโs Dragon missions for NASA and is backing calls for Trumpโs impeachment.
Some say itโs chaos. Others โ market manipulation. But who knows? Maybe in two days theyโll hug it out and say โit was all a misunderstanding.โ ๐คทโโ๏ธ
Not financial advice. Just late-night drama too wild to ignore.
Elon Musk just accused Donald Trump of pedophilia, claiming heโs mentioned in the sealed Epstein files ๐ฎ
Trump hit back saying heโd win elections without Elonโs help โ Musk insists his support was crucial.
Meanwhile:
๐ Tesla stock: -14.46%
๐ Trump Media: -7.54%
๐ BTC: $101K
Musk didnโt stop there โ heโs now threatening to halt SpaceXโs Dragon missions for NASA and is backing calls for Trumpโs impeachment.
Some say itโs chaos. Others โ market manipulation. But who knows? Maybe in two days theyโll hug it out and say โit was all a misunderstanding.โ ๐คทโโ๏ธ
Not financial advice. Just late-night drama too wild to ignore.
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The Musk vs. Trump clash continues to affect the crypto market ๐
Amid their feud, crypto market cap dropped by ~3%, and the Fear & Greed Index slid to 45, entering the Fear zone ๐
Bitcoin briefly dipped near $100K, and has since recovered to $103K, but so far the bounce looks more like a pullback, not a full trend reversal.
Market remains fragile โ watch sentiment closely ๐
Amid their feud, crypto market cap dropped by ~3%, and the Fear & Greed Index slid to 45, entering the Fear zone ๐
Bitcoin briefly dipped near $100K, and has since recovered to $103K, but so far the bounce looks more like a pullback, not a full trend reversal.
Market remains fragile โ watch sentiment closely ๐
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๐ Circle ($CRCL), issuer of the USDC stablecoin, officially debuted on the NYSE yesterday evening!
The IPO was priced at $31, but the stock opened at $69 and briefly surged to $104, before settling near $81 โ more than 160% up from IPO price at peak ๐ฏ
Circle is behind USDC, the worldโs second-largest stablecoin with $61B in circulation, holding about 30% of the market. ๐ฐ
For comparison:
โข USDT (Tether) โ $153B
โข USDe (Ethena) โ $5.83B
โข DAI โ $5.36B
A strong Wall Street debut for a key player in crypto ๐ฅ
The IPO was priced at $31, but the stock opened at $69 and briefly surged to $104, before settling near $81 โ more than 160% up from IPO price at peak ๐ฏ
Circle is behind USDC, the worldโs second-largest stablecoin with $61B in circulation, holding about 30% of the market. ๐ฐ
For comparison:
โข USDT (Tether) โ $153B
โข USDe (Ethena) โ $5.83B
โข DAI โ $5.36B
A strong Wall Street debut for a key player in crypto ๐ฅ
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๐ Arthur Hayes: The ICO mania of 2017 is evolving into an IPO frenzy for 2025โ2027.
Referencing Circleโs recent IPO, Hayes warns this is just the beginning. He predicts a massive, overhyped crypto IPO โ similar to EOS in 2017 โ will suck in billions of fiatโฆ and crash spectacularly on day one. ๐ค
๐ Reminder: EOS raised $4.2B in its ICO, only to face centralization issues and tech failures that crushed its token price by over 80% by 2019.
Now rebranded as Vaulta, the project aims to bury its troubled past by shifting toward Web3 banking and merging DeFi with TradFi. ๐
Hayesโ message: Donโt let IPO hype blind you โ history might be repeating itself.
Referencing Circleโs recent IPO, Hayes warns this is just the beginning. He predicts a massive, overhyped crypto IPO โ similar to EOS in 2017 โ will suck in billions of fiatโฆ and crash spectacularly on day one. ๐ค
๐ Reminder: EOS raised $4.2B in its ICO, only to face centralization issues and tech failures that crushed its token price by over 80% by 2019.
Now rebranded as Vaulta, the project aims to bury its troubled past by shifting toward Web3 banking and merging DeFi with TradFi. ๐
Hayesโ message: Donโt let IPO hype blind you โ history might be repeating itself.
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๐ฐ Strategy has quadrupled its offering of perpetual preferred STRD shares โ from $250M to a whopping $1 billion, priced at $85 per share
This major upsizing signals strong investor interest and gives Michael Saylorโs firm a huge capital boost. ๐
As for where the moneyโs going? Thatโs not a mystery. Spoiler:it starts with a "B" and ends with "itcoin." ๐ง
This major upsizing signals strong investor interest and gives Michael Saylorโs firm a huge capital boost. ๐
As for where the moneyโs going? Thatโs not a mystery. Spoiler:
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๐ Trump to Pump? ๐
Trump Media is reportedly planning to raise a whopping $12B โ and rumor has it, part of the funds could be used to buy Bitcoin. ๐ค
Following yesterdayโs drama, BTC has already bounced back above $104K โ and if this Trump-fueled liquidity wave hits, we might be in for another wild ride. ๐
Trump Media is reportedly planning to raise a whopping $12B โ and rumor has it, part of the funds could be used to buy Bitcoin. ๐ค
Following yesterdayโs drama, BTC has already bounced back above $104K โ and if this Trump-fueled liquidity wave hits, we might be in for another wild ride. ๐
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Crypto soothsayer
๐ฐ Strategy has quadrupled its offering of perpetual preferred STRD shares โ from $250M to a whopping $1 billion, priced at $85 per share This major upsizing signals strong investor interest and gives Michael Saylorโs firm a huge capital boost. ๐ As for whereโฆ
๐ฏ๐ต Metaplanet plans to raise $5.3B through a record-breaking issuance of 555M shares via warrants to buy Bitcoin
๐ 96% of the funds will go toward BTC, with the goal of accumulating 210,000 BTC (~1% of total supply) by 2027.
The move is a hedge against Japanโs negative interest rates and yen devaluation. This is Japanโs largest-ever warrant issuance โ and the first with floating strike prices. ๐ฅ
Metaplanet already holds 8,888 BTC (~$920M), with an average entry price of ~$108K. Its stock ($3350 TSE) has surged 5,000% over the past year โ a wild comeback after a decade-long slump.๐
๐ 96% of the funds will go toward BTC, with the goal of accumulating 210,000 BTC (~1% of total supply) by 2027.
The move is a hedge against Japanโs negative interest rates and yen devaluation. This is Japanโs largest-ever warrant issuance โ and the first with floating strike prices. ๐ฅ
Metaplanet already holds 8,888 BTC (~$920M), with an average entry price of ~$108K. Its stock ($3350 TSE) has surged 5,000% over the past year โ a wild comeback after a decade-long slump.๐
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