🗞️News Summary⚡
- Trump's World Liberty Financial has sent a cease and desist order to Fight Fight Fight regarding its "$TRUMP Wallet", escalating the discord within his $1.7 billion memecoin empire.
- Elon Musk warns that Trump's tariffs could trigger a recession in the second half of 2025.
- Trump states that the United States could save "billions of dollars" by cutting subsidies and contracts with Elon Musk's government.
- Circle has raised $1.1 billion in its IPO at $31 per share, currently trading at $81.69 on the NYSE, more than 2.5 times the offering price.
- James Wynn has been liquidated three consecutive times, losing a total of $379 BTC.
- President Trump stated he had a "very good" call with President Xi, focusing entirely on trade and the complexities of rare earth products.
- Truth Social filed an S-1 for a Bitcoin ETF.
- Sui collaborates with Dubai's VARA to support startups, develop local talent, and provide regulatory guidance for Web3 innovation in the Middle East.
- A single miner successfully mined a Bitcoin block, earning $3,151 BTC worth over $330,000.