Social Media

Social Media

REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance
REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH) and Solana (SOL), according to a May 30 filing. Bloomberg ETF anal...

Another Judicial Hit Against Musk And DOGE; And Where Things Stand On Holding Them Accountable
Elon Musk may claim he’s leaving the government, but regardless of whether he or anyone DOGE leaves the damage has been done, and their potential legal exposure to it remains. And with this decisi...

Trump Media Closes on Private Placement Raising $2.44 Billion
Trump Media (NASDAQ:DJT) has closed on a private placement raising $2.44 billion in new capital. The funds will be utilized to pursue a Bitcoin treasury strategy. The funds raised included $1.44 in eq...

$413,200,000,000 in Unrealized Losses Hit US Banks As FDIC Warns Rising Rates Adding Pressure
US banks are now saddled with $413.2 billion in unrealized losses on their balance sheets. In its new Quarterly Banking Profile for the first quarter of 2025, the Federal Deposit Insurance Corporation...

Here’s How Low Bitcoin Could Fall in the Worst-Case Scenario, According to One Widely-Followed Crypto Trader
A closely followed crypto analyst is laying out Bitcoin’s worst-case scenario while also showing how BTC could shoot up to a new all-time high. In a new thread, pseudonymous crypto analyst Pentoshi ...

Nebraska to adopt law aimed at curbing kids’ time online
Nebraska Governor Jim Pillen has signed a bill that cracks down on social platforms’ features that could keep kids online for longer. Under the Age-Appropriate Online Design Code Act (LB504), ma...

Czech Justice Minister resigns after selling $45M Bitcoin gift from convict
Czech Justice Minister Pavel Blažek resigned on May 30 after his ministry sold roughly $45 million in Bitcoin (BTC) that a man convicted of drug trafficking had donated. According to local media repo...

FBI Seeks Victims Connected to FUNNULL Pig Butchering Crypto Investment Scam
The Federal Bureau of Investigation (FBI) is looking for victims connected to the FUNNULL pig butchering crypto investment scheme. In a new press release, the FBI states that it’s seeking those affe...

Analyst Says Bitcoin Primed for New All-Time Highs if BTC Reclaims These Resistance Levels, Updates Outlook on Ethereum and Bittensor
A widely followed crypto analyst says that Bitcoin is primed to print new all-time highs if BTC can reclaim key levels as support. In a new post, crypto trader Michaël van de Poppe tells his 789,400 ...

The Daily: Champions League finalists PSG disclose BTC treasury, Trump Media secures $2.3 billion to buy bitcoin, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

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