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President Donald Trump and Elon Musk’s fallout caused a major spikes in memecoin launches and trading, with the largest tokens by trading activity generating over $355 million in volume over the past 24 hours, according to DEX Screener data.
As traders seized on the pair’s high-profile social media clash using Solana’s ecosystem, Official Trump (TRUMP) ranked first on DEX Screener’s 24-hour...
Eric Trump announced that World Liberty Financial, the DeFi platform linked to President Donald Trump and his family, will take a significant treasury stake in the Official TRUMP memecoin.
He also confirmed that the controversial Trump-branded wallet recently unveiled by the team behind the memecoin would not continue development.
Wallet project nixed
The announcement comes less than 2 days after...
Spot Ethereum (ETH) exchange-traded funds (ETFs) notched a 14-session streak of net inflows as of June 5, fueled by investment advisors and hedge fund managers.
According to Bloomberg data shared by ETF Store CEO Nate Geraci, Ethereum ETFs since May 20 added roughly $812 million. This movement resulted in total net inflows of over $3 billion for the first time, according to Farside Investors’...
US Senator Cynthia Lummis said the confirmation of Michelle “Miki” Bowman as Vice Chair for Supervision at the Federal Reserve marks a critical shift in the regulatory approach toward digital assets.
According to Lummis, the appointment is a “turning point” for crypto policy, and she expects a “brighter future” for the industry ahead.
The Senate confirmed Bowman on June 5 in a narrow 48-46 vote,...
VanEck, 21Shares, and Canary Capital requested on June 5 that the US Securities and Exchange Commission (SEC) reinstate the queue-based review system that awards exchange-traded product approvals in the order issuers filed.
In a joint letter to Chair Paul Atkins, the firms said concurrent approvals strip early filers of the advantage that traditionally offsets higher legal and compliance costs....
Gemini confidentially filed a draft registration statement with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of Class A common stock, according to a June 6 statement.
The exchange controlled by Cameron and Tyler Winklevoss stated that the share count and price range will be determined once regulators complete their review and market conditions permit a...
Polymarket, the decentralized prediction platform known for its election forecasting accuracy, has been named the official prediction market partner of X, the social media company owned by Elon Musk.
The partnership, announced on June 6, signals a growing role for markets in shaping public understanding of news, politics, and real-world outcomes.
Polymarket celebrated the partnership in a post on...
Yuga Labs has proposed dissolving the ApeCoin DAO and replacing it with a new governing body, ApeCo. This would mark a decisive shift in the management structure of one of Web3’s most recognizable token communities.
Filed as an AIP proposal on June 5, the plan would sunset the DAO and transfer all major assets, including treasury funds, IP rights, smart contracts, and administrative operations,...
Institutional allocations to spot Bitcoin ETFs declined for the first time since their introduction, according to Q1 2025 13F filings. However, corporate Bitcoin ownership shows little sign of declining overall.
The data marks a shift from the strong initial inflows that followed the funds’ January 2024 launch, as hedge funds reduced exposure and the futures-based arbitrage trade that initially...