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Trump discloses $57.4 million in income tied to World Liberty Financial, a DeFi project that has raised over $550 million from investors. US President Donald Trump has disclosed $57.4 million in income from his involvement with World Liberty Financial, a cryptocurrency venture he backs alongside his sons Donald Jr. and Eric. The details emerged in Trump’s 2025 public financial disclosure, filed with the US Office of Government Ethics on June 13. The filing reveals that Trump holds 15.75 billion governance tokens in World Liberty Financial, which also grants him voting rights. While the document does not elaborate on the precise structure or market value of the governance tokens, the substantial reported income suggests that Trump has monetized some portion of the position or that the tokens were valued for disclosure at a high internal rate. Read more
Despite a record 19-day inflow streak for spot Ether ETFs, Ether is still trading below where it was at the start of the run. US-based spot Ether exchange-traded funds (ETFs) have posted the first net outflow day after a record 19-day streak of consecutive inflows. On June 13, spot Ether (ETH) ETFs recorded net outflows of $2.1 million, ending the longest inflow streak since the products’ launch in July 2024, according to Farside data. The streak began on May 16, excluding the market closure on May 26 for US Memorial Day. Read more
The SEC’s approval comes just weeks after Trump Media confirmed its capital raise to purchase Bitcoin, following initial denials of earlier reports. Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, has received approval from the US Securities and Exchange Commission (SEC) for its registration statement tied to its $2.3 billion Bitcoin treasury deal. According to a June 13 SEC filing, the agency “declared effective” TMTG’s S-3 registration statement — filed on June 6 — for the Bitcoin (BTC) treasury deal. The S-3 is a form that US companies use to register the sale of various securities, like stocks, options, and different types of debt. TMTG filed a corresponding final prospectus with the SEC on the same day. The SEC filing said that, as part of its Bitcoin treasury plan, TMTG registered the resale of approximately 56 million shares and 29 million more tied to convertible notes as part of debt and equity a...
ETF analyst James Seyffart said all of the updated S-1 filings "include staking language I believe." Seven Solana ETF applicants filed S-1 statements with the US Securities and Exchange Commission (SEC) on June 13; however, Bloomberg ETF analyst James Seyffart doubts approval will come as soon as next week. “I think there needs to be a back and forth with the SEC and issuers to iron out details, so I doubt it. If anyone remembers the Bitcoin ETF launch, there were *A LOT* of filings over the preceding couple months before launch,” Seyffart said in a post on Friday. US-based spot Bitcoin ETFs launched in January 2024, more than ten years after crypto exchange Gemini co-founders Tyler and Cameron Winklevoss filed the first spot Bitcoin ETF application with the SEC in 2013. On June 13, Fidelity Investments filed its initial S-1 registration statement for its spot Solana (SOL) ETF product, while 21Shares, Franklin Templeton, Grayscale Investments, Bitwise Investments, and Canary Capital filed S-1 amendments. Read...
Technical data and ETH accumulation trends suggest price dips in the $2,100 zone are strategic purchasing opportunities. Key takeaways: Rising spot ETH ETF inflows and BlackRock’s accumulation signal strong institutional investor interest, supporting a bullish outlook. A dip to $2,100 could be a strategic entry point, bolstered by tokenized AUM surpassing $5 billion and a potential Q4 breakout driven by year-end strategies. Read more
The former global head of institutional markets for Blockchain.com and a partner at a Washington, DC-based law firm will be the latest additions to SEC staff. The US Securities and Exchange Commission (SEC) has announced several new hires, including those with experience in the cryptocurrency and blockchain industry. In a Friday notice, the SEC said Jamie Selway would join as the agency’s director of trading and markets. Selway worked as the global head of institutional markets for Blockchain.com from 2018 to 2019. Brian Daly, a partner at Akin Gump Strauss Hauer and Feld LLP with experience in crypto, will also join the commission, heading its investment management division. Read more
Data shows that Bitcoin's price gained at least 16% within a week of sharp oil price rallies. Key takeaway: Historical data suggests Bitcoin rallies up to 24% within days of an oil price surge. Bitcoin (BTC) is generally not regarded as a reliable investment during periods of geopolitical uncertainty, particularly when oil prices spike in response to escalating global tensions. However, historical data suggests that such moments often present compelling buying opportunities for traders prepared to capitalize on market dislocations. Read more
The lawsuit against Ripple, filed by the United States Securities and Exchange Commission in December 2020, is finally wrapping up. Ripple and the United States Securities and Exchange Commission (SEC) filed a joint motion on Thursday to release the $125 million in funds held in an escrow account to pay for settlement costs ordered by the court. According to the letter submitted by both parties, $50 million will be transferred to the SEC for the civil penalty against Ripple, with the remaining $75 million transferred back to Ripple, pending court approval. The filing attorneys wrote: The SEC lawsuit against Ripple is a landmark case for crypto regulations in the United States, and formally ending the litigation will be a symbolic victory for an industry that has already largely won its battle for legal legitimacy in the US. Read more
Bitcoin’s flash crash could be followed by a 64% rally if historical data rings true again. Key takeaways: Bitcoin returns after major downside catalysts have exceeded 64.6% since 2010, suggesting that the recent escalation of tensions in the Middle East could be a BTC purchasing opportunity. Despite trading near all-time highs, Bitcoin’s Puell Multiple remains in the discount zone, indicating institutional accumulation and undervalued market conditions. Read more
Roughly two years after the initial indictment, the Tornado Cash developer’s criminal trial is expected to begin on July 14. The Ethereum Foundation said it will be donating $500,000 to the legal defense of Tornado Cash co-founder and developer Roman Storm, who faces charges related to allegations he conspired to run the crypto mixing service as an unlicensed money transmitter. In a Friday X post, the foundation said it would contribute $500,000 to Storm’s defense, as well as match up to an additional $750,000 in donations from the crypto community. The announcement came roughly a month before Storm is expected to stand trial in New York for money laundering, conspiracy to operate an unlicensed money transmitter, and conspiracy to violate US sanctions. Read more
Crypto IPO season is underway. Circle’s explosive debut has fueled filings from Gemini and Bullish, with Kraken, BitGo, and Consensys potentially next. Key takeaways: Circle’s IPO was a success, with CRCL soaring almost 290% and sparking renewed investor interest. New IPO filings from Gemini and Bullish signal growing momentum, and more crypto-native firms may prepare to enter public markets. Read more
Mark Zuckerberg bets $15 billion on an AI company as stablecoins win over Fortune 500 companies. Sixteen years after the launch of Bitcoin, stablecoins have emerged as one of the most compelling applications of blockchain technology. Banks are reportedly “panicking” over stablecoins encroaching on their territory, while Fortune 500 companies are beginning to grasp their transformative potential. Shifting from blockchain to AI, Meta Platforms is quietly assembling a “superintelligence” unit, led by Scale AI founder Alexandr Wang. This move follows reports that Mark Zuckerberg’s company acquired Scale in a nearly $15 billion all-cash deal. In this week’s Crypto Biz, we explore the evolving landscape of stablecoins and the latest high-stakes moves in the crypto and AI sectors. Read more
Bitcoin exposure may provide more shareholder value to Apple investors, as the tech firm’s stock is struggling to reverse a downtrend. Bitcoin exposure may provide a lucrative financial opportunity for Apple’s stock buyback program, according to Strategy’s Michael Saylor. Saylor’s proposition follows a Bitcoin (BTC) rally of over 11% since the beginning of 2025, which outperformed the 18% decline of Apple shares during the same period. Illustrating a growing corporate shift, increasingly more traditional companies are adopting digital assets beyond Bitcoin. Read more
Dip buyers stepped in to absorb this week’s downside in Bitcoin and select altcoins. Key points: Bitcoin searches for support near $103,000, but rising uncertainty in global markets could cap future rallies. Select altcoins are finding buyers at lower levels, indicating traders’ desire to buy the dip. Read more
Risk assets would take a significant hit if Iran closes the Strait of Hormuz, a narrow waterway supplying 20% of the global oil trade. The price of Bitcoin (BTC) remains resilient, despite the recent Israeli airstrike on Iran, but could see a sharp correction in the short-term if Iran closes the Strait of Hormuz — a critical route for oil shipments — impacting all risk-on assets, according to Coin Bureau founder and market analyst Nic Puckrin. Bitcoin's short-term price action "depends on how things develop today and over the weekend," in the Israel-Iran conflict, the analyst wrote on Friday, adding: However, Puckrin stressed that Bitcoin's long-term price outlook is less influenced by geopolitics and more tied to the declining value of the US dollar, which just hit its lowest level in three years — suggesting long-term upside for the supply-capped asset. Read more
The SEC’s 2025 guideline clarifies the regulatory stance regarding crypto staking. It states what is and isn’t allowed and how you can stake lawfully. Key takeaways The SEC has clarified that solo staking, delegated staking and custodial staking, when tied directly to a network’s consensus process, do not qualify as securities offerings. Post May 29 guideline, rewards earned from network validation are seen as compensation for services, not profits from the efforts of others, removing them from the Howey test classification. Read more
The latest episode of Decentralize with Cointelegraph unpacks why US crypto legislation must pass in 2025 or risk renewed crackdowns and political blowback. The window to pass meaningful cryptocurrency legislation in the United States is closing fast, and if missed, the industry could face long-term consequences, according to Marta Belcher, president of the Blockchain Association and the Filecoin Foundation. Speaking on this week’s episode of Cointelegraph’s Decentralize podcast, Belcher urged lawmakers and industry leaders to act before the 2026 election cycle threatens to derail the current momentum. Belcher said it is “absolutely critical” that legislation to clarify key elements within the industry is passed prior to the beginning of the next year. Read more
Crypto market capitulation refers to a point of extreme selling pressure when investors panic and sell off assets, often marking the bottom of a market cycle. If you’ve spent any time in the world of cryptocurrencies, you’ve probably heard the word “capitulation” thrown around, often during moments of panic when prices are plummeting. But what does it mean when someone says the crypto market is capitulating? And why should you, as an investor or even an observer, pay attention? Let’s break it down. Read more
Oil price talk leads macro analysis amid Middle East tensions, but whether Bitcoin will suffer as a result is up for debate as traders see a BTC price comeback. Key points: Bitcoin recovers from a trip below $103,000 with markets on edge over the Israel-Iran conflict. Oil steals the show on the day, but analysis is far from unanimous on the outlook. Read more
Though concerns about the Trump family’s connections to World Liberty Financial’s stablecoin shadowed debate on the GENIUS Act, the bill is closer to passing the Senate. Lawmakers in the US Senate are scheduled to consider a vote on the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, after a majority chose to invoke cloture for the bill. According to a Thursday notice from Senate Democrats, the full chamber will vote on the GENIUS Act on Tuesday, June 17. The floor vote will follow senators proposing a variety of amendments to the bill, including one to address elected officials and their families potentially profiting through connections to the crypto industry. Read more6874 items