Trump Discloses $600M+ Income from Crypto & Licensing
In a newly released 2024 financial disclosure, former President Trump reported over $600 million in income, including $320M from his memecoin $TRUMP and $400M linked to World Liberty Financial. He also earned substantial royalties and licensing fees from golf resorts and branded products—heightening concerns over potential conflicts of interest and crypto cause-and-effect with policy .
EU’s MiCA Enables Major Crypto Firms to Launch Pan-EU Operations
Under the new Markets in Crypto Assets (MiCA) regulation, firms like Gemini, OKX, and Crypto.com are set to receive EU-wide licenses. While Malta, Luxembourg, and others are leading the charge, some regulators warn a “race to the bottom” could drive inconsistent compliance and increased scrutiny over supervisory standards .
Solana ETF Applicants Submit Amendments—SEC Still Non-Committal
Several Solana-based ETF hopefuls, including Canary Marinade, 21Shares, and Bitwise, have amended their filings with the U.S. SEC. However, insiders indicate the regulator continues to proceed cautiously, suggesting that approval may still be delayed beyond current expectations .
Bitcoin Approaches ATH: Levels to Watch
BTC recently climbed to around $110.4K, nearing its mid-May record of $112K. Technical analysts point to a bullish “golden cross” pattern and anticipate a breakout toward $112K–$120K. Key support levels remain at $107K and $100K for potential retracement zones .
