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🚨JUST IN: BYBIT PLANS TO LAUNCH
SOLANA
-BASED DEX BYREAL IN Q3 WITH TESTNET COMING END OF JUNE
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🚨CHAINLINK CCIP JUST GOT A POWER PLAYER! @OlympusDAO has adopted @Chainlink’s Cross-Chain Token standard—here’s what this means for DeFi ⬇️ https://bsc.news/post/chainlink-powers-olympus-dao
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TRUMP’S TRUTH SOCIAL FILES FOR DUAL BITCOIN AND ETHEREUM ETF - Truth Social, the media arm of Trump Media & Technology Group, filed to launch a spot Bitcoin and Ethereum ETF. Key Details: - The proposed fund would allocate 75% of its holdings to Bitcoin and 25% to Ether. - The ETF filing comes right after the SEC approved the company’s $2.3 billion Bitcoin treasury registration on Friday. - If approved, the ETF would be listed on the New York Stock Exchange’s Arca platform. Singapore-based Crypto(.)com has been chosen to serve as the custodian, liquidity provider, and taker. - The fund will directly hold BTC and ETH, backed by assets stored by Foris DAX Trust Company, doing business as Crypto(.)com. However, no details have been disclosed yet about ticker symbols or management fees. - Most spot ETFs in the U.S. charge 0.12% in fees. Trump Media hasn’t explained how it will compete in a market led by BlackRock and Fidelity. - The competition is fierce. Crypto ETFs including BlackRock’s IBIT now manage over $131 billion in assets, with Bitcoin-focused funds leading the charge. - Truth Social plans to file an amendment with more info soon, including the ETF’s execution agreement with Crypto(.)com. - Worth noting, data from Arkham shows that World Liberty Financial, a DeFi project tied to the Trump family, holds 96% of its assets on Ethereum. - Earlier this year, Trump said he would support the development of the U.S.-based Bitcoin mining industry and oppose hostile crypto regulation.
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🚨JUST IN: OKX LAUNCHES FULLY COMPLIANT CRYPTO EXCHANGES IN GERMANY AND POLAND WITH 270+ DIGITAL ASSETS
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TRUMP’S TRUTH SOCIAL FILES FOR DUAL BITCOIN AND ETHEREUM - Truth Social, the media arm of Trump Media & Technology Group, filed to launch a spot Bitcoin and Ethereum ETF. Key Details: - The proposed fund would allocate 75% of its holdings to Bitcoin and 25% to Ether. - The ETF filing comes right after the SEC approved the company’s $2.3 billion Bitcoin treasury registration on Friday. - If approved, the ETF would be listed on the New York Stock Exchange’s Arca platform. Singapore-based Crypto(.)com has been chosen to serve as the custodian, liquidity provider, and taker. - The fund will directly hold BTC and ETH, backed by assets stored by Foris DAX Trust Company, doing business as Crypto(.)com. However, no details have been disclosed yet about ticker symbols or management fees. - Most spot ETFs in the U.S. charge 0.12% in fees. Trump Media hasn’t explained how it will compete in a market led by BlackRock and Fidelity. - The competition is fierce. Crypto ETFs including BlackRock’s IBIT now manage over $131 billion in assets, with Bitcoin-focused funds leading the charge. - Truth Social plans to file an amendment with more info soon, including the ETF’s execution agreement with Crypto(.)com. - Worth noting, data from Arkham shows that World Liberty Financial, a DeFi project tied to the Trump family, holds 96% of its assets on Ethereum. - Earlier this year, Trump said he would support the development of the U.S.-based Bitcoin mining industry and oppose hostile crypto regulation.
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🚨JUST IN: X SUSPENDS PUMPFUN AND ITS FOUNDER, ALON COHEN, IN MASS CRYPTO ACCOUNT BAN
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