Crypto News

Trump-Tied ‘Truth Social Bitcoin ETF’ Inches Closer After Filing Trump Media & Technology Group Corp. appears to be one step closer to launching an exchange-traded fund tied to Bitcoin, joining the crowded field of crypto-investment offerings for the retail masses. NYSE Group Inc. filed regulatory paperwork to list the Truth Social Bitcoin ETF, using the name of President Donald Trump’s social network. Trump Media, which is majority-owned by Trump, applied to trademark brands for investment products with themes that closely track the president’s policy priorities, including Bitcoin. The firm signed a formal agreement with a New Jersey-based firm, Yorkville Advisors — which it referred to as “an America-First asset management firm” —...

While Bitcoin dominates the headlines as the new age store of value and investment, a quieter revolution is underway, one that holds immense potential for the future of real estate. XRP Ledger, the unsung hero, is leading the charge in transforming how we buy, sell, and store the world’s most valuable assets. From government-backed real estate tokenization in Dubai to private land deals in Silicon Valley, XRP is proving it’s more than just a payment rail. It is emerging as the global infrastructure layer for real-world assets (RWAs), and savvy investors are paying attention. Dubai Is Building the Future of Property on XRP On May 25, 2025, the Dubai Land Department launched a new platform that lets UAE residents buy tokenized shares...

Admin’s roadmap via JD Vance According to Sam Kazemian, founder of Frax Finance, Vance emphasized that stablecoin legislation is only the first phase. “Everything builds up individually on each individual thing. So after stablecoins comes market structure,” Kazemian said, relaying Vance’s view. This next phase will clarify rules around tokens, NFTs, and real-world asset tokenization. Vance also outlined the administration’s plan for the Bitcoin Reserve Act to “enshrine legislatively the Bitcoin Reserve of the United States,” ensuring long-term support for Bitcoin within federal policy. Kazemian noted that Vance confirmed the administration’s enthusiasm. “The vice president and the administration have a plan and they’re very, very...

Imagine a future where your AI agent buys, sells, and negotiates for you—securely, instantly, and without Big Tech’s prying eyes. A world where you own your data, your assets, and your profits, free from corporate or government control. That’s the vision of NEAR AI, a cutting-edge project within the NEAR Protocol ecosystem, built to merge blockchain’s decentralization with AI’s limitless potential. Eric Winer, CTO of NEAR AI, reveals how their lightning-fast, AI-focused blockchain is creating a new era of wealth-building opportunities for high net-worth individuals and family offices. From Crypto Pioneer to AI Trailblazer Eric Winer’s 11-year crypto journey began as the first engineer at Gemini, the U.S.’s first fully regulated crypto...

Jack Dorsey's Ultimate Bet, 'We Are Bitcoin Only' Jack Dorsey, former Twitter CEO and founder of Block, Inc., has placed all his bets on Bitcoin. Block is the company behind Cash App, a digital wallet offering Bitcoin and stock trading, among other financial services, to U.S. customers. Recently, a user praised Cash App's Direct Deposit to Bitcoin service for zero-fee conversion, prompting Dorsey to write on X, "we are bitcoin only. and improving rapidly." Dorsey is widely recognized as a Bitcoin advocate, emphasizing the need for the cryptocurrency to provide real use cases beyond being merely a store of value. He appears committed to this vision, as Cash App has integrated Bitcoin into its platform for several years now. The...

Are you leaving millions on the table in the crypto market? For high net-worth individuals and family offices, the digital asset space can feel like a gamble—complex, risky, and opaque. Enter Glassnode, the leading blockchain data and intelligence platform trusted by top hedge funds, banks, and traders worldwide. With cutting-edge on-chain analytics, Glassnode turns the crypto market from a black-and-white snapshot into a vivid, 3D masterpiece, revealing opportunities and risks others miss. Daniel Blackmore, Glassnode’s Chief Commercial Officer, explains how their data-driven insights are helping traditional investors conquer crypto with confidence—and rake in alpha. From Banking to Blockchain: Solving Real Problems Daniel Blackmore’s...

GENIUS Act may hit Senate floor this week If Senate Republicans and Democrats successfully negotiate, the GENIUS Act that deals with stablecoin regulation could see the Senate floor before the end of the week, journalist Eleanor Terrett wrote on X on June 3. A stablecoin is a type of cryptocurrency that, unlike usually volatile cryptocurrencies such as Bitcoin, maintains a stable value. It is usually pegged to a fiat currency like the U.S. dollar or a commodity like gold. Titled the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, the bipartisan bill aims to provide regulatory clarity for stablecoins. On May 19, the Senate advanced the bill with a 66-32 vote. The legislation has faced intense opposition...

Trump-backed team to reportedly launch trading app and wallet The team behind President Donald Trump's meme coin is set to launch a branded crypto wallet and trading application. The TRUMP meme coin team has joined forces with Magic Eden, a leading non-fungible token (NFT) marketplace, to launch a new website that asks users to join the waitlist to get the "Official $TRUMP Wallet." It also promises “$1 MILLION in TRUMP REWARDS!” to the users. The meme coin's official X account confirmed the launch of the TRUMP wallet, noting its mission to "make it super easy for Trump supporters to get into crypto." Magic Eden also confirmed on X that it is behind the TRUMP wallet. The contest begins on June 3 and ends on July 4, with all potential...

Robinhood Shares Ride Crypto Boom Back to Record Highs Nearly four years after its much-hyped debut, Robinhood Markets Inc. has finally seen its shares hit a fresh record as cryptocurrency markets rally. The stock rose 5.5% to close at $71.72 on Tuesday. The previous high was $70.39, set days after the online brokerage’s initial public offering. Robinhood’s shares languished for years as 2021’s meme-stock frenzy faded and the collapse of FTX fueled a crash in digital asset prices. Less than a year after its debut the stock had slid 82%, and didn’t reach its IPO price until December 2024. The stock rallied close to record territory in February, riding a boom in crypto that fueled a blowout quarterly print, then fell nearly 50% as...

Tired of hearing about crypto riches but scared of losing it all to hacks or scams? Imagine a wallet that lets you dive into decentralized finance (DeFi) with the confidence of a Wall Street pro—secure, simple, and built for real-world profits. That’s Fordefi, the first institutional-grade wallet designed specifically for DeFi, trusted by over 170 top-tier clients, from exchanges to asset managers. Josh Schwartz, Fordefi’s CEO and co-founder, reveals how they’re making crypto safe and accessible for everyone, especially high net-worth investors and family offices ready to seize the DeFi opportunity. From Wall Street to Crypto’s Front Lines Josh Schwartz knows finance inside and out. “I come from a much more traditional financial...

Why Is Coinbase (COIN) Stock Soaring Today What Happened? Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 5.1% in the afternoon session after stocks edged higher (Nasdaq +0.9%, S&P +0.6%) while momentum in the crypto space picked up amid concerns the proposed spending bill (One Big Beautiful Bill) would raise the already bloated US fiscal deficit, making it difficult to keep inflation under control. Inflation fears, partly triggered by the ongoing trade war, have driven a demand for safe-haven assets and alternative stores of value. These concerns are fueling demand for digital assets, with Bitcoin reaching a new all-time high in May 2025. For crypto-linked stocks like Coinbase, this means more people are...

Trump Memecoin Wallet Spurs Divide Among Family’s Crypto Camps There appears to be a divide among the various crypto-entities affiliated with President Donald Trump. The NFT marketplace Magic Eden said Tuesday that it’s partnering with the team behind Trump’s memecoin and other ventures to offer a Trump-branded digital wallet and trading application. After reports of the memecoin wallet partnership were published, Donald Trump Jr. said in a posting on X that the Trump Organization had “zero involvement” in the product and that the family’s World Liberty Financial crypto project will be launching its own wallet soon. A spokesperson for Magic Eden told Bloomberg News that the firm is working on the app, but couldn’t share a launch...

Trump team plans launch of digital wallet as crypto empire keeps expanding President Donald Trump's crypto branding machine shows no sign of slowing down. On Tuesday, the team behind the $TRUMP memecoin unveiled a wait list and X account for a forthcoming crypto wallet—the term for apps where users can store and swap cryptocurrencies, NFTs, and other assets issued on blockchains. According to the website, the wallet is being offered in partnership with Magic Eden, a popular NFT marketplace. Magic Eden will use Slingshot Finance, a firm it recently acquired, to power the wallet, according to the site’s privacy policy as well as terms and conditions. “Most U.S. users (and mainstream users worldwide) use centralized exchanges today, but...

Gold prices have already surged an impressive 25.65% since the beginning of 2025, reaching record highs above $3,500 per ounce. Recent market volatility saw gold experience its biggest one-day drop in nearly four years, falling 3.7% to settle at $3,294.10. Current Market Conditions Paint Mixed Picture Gold’s remarkable climb this year culminated in an all-time intraday high of $3,509.90 before support suddenly gave way to profit-taking. According to Trading Economics, gold is expected to trade at approximately $3,249.60 by the end of this quarter. Central banks continue supporting demand, purchasing 244 tonnes in the first quarter despite a 21% decrease from 2024 levels. Real interest rates currently favor gold investments, with the...

Bitcoin Miner MARA Holdings Posts Record Block Wins, Produces 950 BTC in May Bitcoin miner MARA Holdings (MARA) produced 950 BTC in May, a 35% increase from the previous month and its strongest output since the Bitcoin halving in April 2024. The firm also set a new internal monthly record for blocks won, totaling 282, a 38% jump from April. CEO Fred Thiel attributed the gains to the company’s vertically integrated tech stack and its self-owned MARA Pool. “Operating our own pool means we keep all block rewards without paying fees to third parties,” Thiel said, adding that MARA Pool’s block reward luck has outperformed the Bitcoin network average by over 10% since its launch. The company’s energized hashrate ticked up slightly to 58.3...

The Federal Reserve Bank of Atlanta President and CEO Raphael Bostic said he is open to the possibility of a single cut in interest rates sometime later this year. The crypto market remained rather dull and didn't have a strong reaction to the Fed member's comment. The total crypto market cap stood at $3.32 trillion at the time of writing, up 1.8% a day. Bitcoin was trading at $105,277.65 at press time, up 1.3% a day. Bostic, however, added that he was in no hurry to adjust "our policy stance." He continued: Uncertainty and Interest Rates Bostic said that he had hinted at a single rate cut for 2025 while releasing the central bank forecasts in March, and he still thinks it is a possibility. But a lot will depend on "how the...

Strategy CEO Michael Saylor addresses a packed room for his keynote at Bitcoin2025. By now, it’s abundantly clear that the mega-trend of 2025 is publicly-traded companies following in the footsteps of Michael Saylor and Strategy to buy crypto and hold it on their balance sheet. No one has been doing it for as long or as big as Saylor has, and as such — Saylor got to give the keynote at Bitcoin’s biggest conference of the year in Vegas. But, basically everyone is copying him now. Trump's media company is emulating the Bitcoin treasury playbook, alongside Metaplanet and now GameStop. There’s the Ethereum treasury play now with SharpLink and a publicly-traded Solana treasury play with Defi Dev Corp., which saw shares climb by more...

Ripple's latest regulatory nod sends XRP on a rally The Dubai Financial Services Authority (DFSA) has recognized the blockchain and crypto payments firm Ripple's RLUSD stablecoin as a crypto token for use within the Dubai International Financial Centre (DIFC), the firm announced on June 3. The DFSA is the financial regulatory body that oversees DIFC, Dubai's special economic zone. Introduced in December 2024, Ripple's RLUSD is a stablecoin, which is a type of cryptocurrency that, unlike usually volatile cryptocurrencies such as Bitcoin, maintains a stable value. A stablecoin is usually pegged to a fiat currency like the U.S. dollar or a commodity like gold. RLUSD, for instance, is pegged to the USD, which means that for every RLUSD...

BNB Rises on Growing Regulatory Clarity, Renewed Trading Activity Binance's BNB token climbed Tuesday on the back of the U.S. Securities and Exchange Commission dismissing its long-running lawsuit against the crypto exchange last week. The token jumped from $650.28 to $673.70, a 3.6% rise, before entering a period of sideways trading and a short correction that saw it drop back down to the $665 level. The SEC’s move comes at a time in which the exchange brought back previously restricted U.S. dollar deposit features, including ACH bank transfers, marking a partial restoration of Binance’s fiat channels on its U.S. platform. The timing added fuel to BNB’s rally, which came amid wider global financial unease, including shifting trade...

Kraken Prime to offer prime brokerage services to institutional clients Kraken, the U.S.-based crypto exchange, announced the launch of Kraken Prime, a full-service prime brokerage platform for institutional crypto clients, on June 3. With Kraken Prime, institutional clients can engage in seamless trading, custody, and financing through a unified and streamlined solution. Clients at Kraken Prime can access liquidity representing over 90% of the crypto market across more than 20 global venues. Kraken Financial, a U.S. state-chartered bank, is the qualified custodian of assets from which clients can directly execute trades. “Kraken Prime is built to meet the execution quality and service expectations of today’s institutional...