CryptonewsCom

Key Takeaways:

Eric Trump denies any public role in Tron’s Nasdaq listing despite his ties to the firm brokering the deal.

Tron plans to go public via a reverse merger with SRM Entertainment, backed by a $100M investment.

Justin Sun’s growing relationship with the Trump family has raised eyebrows amid a paused SEC investigation.

Eric Trump has dismissed reports linking him to a direct role in Tron’s planned Nasdaq listing, despite his advisory position at Dominari Securities, the firm handling the deal.

“I’m the biggest fan of Tron and love Justin Sun,” Trump posted on X Monday, calling Tron founder Justin Sun “a great friend and an icon in the crypto space,” while clarifying, “I don’t have public involvement.”

The comment has fueled speculation over whether a “private involvement” exists between Trump and the project.

Tron to Go Public via Reverse Merger With SRM Entertainment

Tron’s upcoming public debut is expected to proceed via a reverse merger with Florida-based SRM Entertainment, which recently said it had received a $100 million investment from an undisclosed party and would rebrand itself as “Tron.”

Sun will serve as an advisor, and the company plans to begin accumulating TRX tokens under a new crypto treasury strategy.

Dominari Securities, a Trump-affiliated firm headquartered in Trump Tower, is the exclusive placement agent for a $210 million stock offering tied to the deal.

Both Eric Trump and Donald Trump Jr. joined Dominari’s advisory board earlier this year.

Sun’s connections to the Trump family have strengthened in recent months.

Source: X/@EricTrump

He attended a private event for Trump’s meme coin launch, took a $75 million stake in World Liberty Financial (WLFI), and remains the largest holder of the $TRUMP token.

In May, Sun was also awarded a luxury Trump Golden Tourbillon watch during the exclusive dinner hosted by Donald Trump.

The event, held at Trump’s private golf club in Virginia, gathered the top 220 $TRUMP memecoin holders.

Following Sun’s WLFI investment, the U.S. Securities and Exchange Commission quietly paused its long-running investigation into him and his affiliated companies.

The probe had centered on alleged market manipulation and the sale of unregistered securities.

Trump Continues to Capitalize on Crypto Market Momentum

Meanwhile, Donald Trump continues to capitalize on crypto market momentum.

According to financial disclosures released last Friday, the former president pulled in $58 million from crypto ventures in 2024, primarily through WLFI token sales.

That total trailed only his hospitality income and is expected to climb further in 2025 with an anticipated $390 million token sale and gains from his meme coin, launched in January.

His involvement in Bitcoin mining, tokenized assets, and digital ETFs is raising concerns about potential conflicts of interest.

Critics have pointed out that some of his businesses have seen tailwinds from favorable policy decisions during his time in office.

As reported, the SEC has approved Trump Media and Technology Group’s (TMTG) registration statement tied to a $2.3 billion Bitcoin treasury initiative.

The June 13 filing covers 85 million shares, including 29 million linked to convertible notes.

The post Eric Trump Denies Public Role in Tron’s Nasdaq Push Despite Ties to Deal Broker appeared first on Cryptonews.

JPMorgan is exploring new opportunities in the digital asset space, filing a trademark application that has reignited speculation about a potential bank-backed stablecoin.

The application, submitted on June 15, seeks protection for the name “JPMD” and outlines a wide scope of blockchain and digital currency functions, suggesting a broader strategy to expand the bank’s role in crypto payments and asset settlement.

The US Patent and Trademark Office filing lists dozens of services tied to digital currency. These include payment processing, token issuance, currency trading, digital custody, and electronic fund transfers, all powered by blockchain and distributed ledger technology.

While the word “stablecoin” is not explicitly mentioned, the filing’s language hints at a platform that could support one.

The world’s largest bank, JPMorgan, has filed a trademark for what appears to be a stablecoin called ‘JPMD’ pic.twitter.com/LQg09Ga2LG

— db (@tier10k) June 16, 2025

Filing Echoes Key Features Needed for a Scalable Stablecoin

The timing of the move has drawn attention. Just weeks earlier, Wall Street Journal reported that JPMorgan, Bank of America and Wells Fargo were exploring the launch of a joint stablecoin venture. Sources told the outlet that the goal was to compete with crypto-native stablecoins and streamline both domestic and cross-border payments.

This latest trademark filing adds weight to those reports. In particular, JPMorgan’s description of providing real-time digital token trading, electronic transfers, and clearing via distributed ledger technology mirrors many of the technical functions required to operate a stablecoin at scale.

Analysts believe the bank could be laying the legal and operational groundwork for such a product.

JPMorgan Moves Ahead As Congress Debates Stablecoin Rules

JPMorgan is no stranger to blockchain. Its Kinexys platform, previously known as Onyx, has already processed more than US$1.5 trillion in interbank payments using JPM Coin, a private stablecoin backed 1:1 by fiat currency. JPM Coin is currently limited to institutional clients, but the new filing suggests the bank may be preparing for a broader, possibly retail-facing, rollout.

The move also comes just as lawmakers in Washington begin debating new rules around stablecoins. The US Senate recently voted to advance the GENIUS Act, a bipartisan bill that could establish a regulatory framework for dollar-backed digital tokens. If passed by both chambers of Congress, the legislation would head to President Trump’s desk later this year.

Whether “JPMD” will emerge as a publicly available token or simply expand JPMorgan’s institutional capabilities remains unclear.

But with the financial sector rapidly converging on blockchain infrastructure, the trademark marks yet another step by a Wall Street heavyweight toward a more digital future.

The post JPMorgan Files New Crypto Trademark — Is a Bank-Backed Stablecoin Coming? appeared first on Cryptonews.

X (formerly Twitter) has banned several crypto-related accounts, including Solana-based memecoin launchpad Pump.fun and its co-founder, Alon Cohen.

Accounts of Eliza Labs leader Shaw Walters, who created the open-source operating system ElizaOS, were also suspended on Monday.

X is supposedly stepping into another wave of enforcement against memecoin tools and their founders. Pump fun’s rapid-fire launches and rumors of automated liquidity pulls made it a regulatory magnet.

The social media platform previously froze accounts involving meme trading tools, KOLs and crypto bots.

Other accounts banned on Monday include those related to GMGN, Bloom Trading, BullX and others.

Pump.fun and other affected account websites remain operational; however, the ban has raised mounting concerns over the recent memecoin hype.

Pump.fun Faces Increasing Scrutiny for its ‘Highly-Volatile’ Sales

The X platform did not specify any reason for the ban on the Solana-based memecoin account or its founder. However, speculations erupted concerning Pump.fun’s possible illegal operations.

Some users noted that the suspended platforms allegedly used unofficial APIs to wade X data, without paying for a premium. Meanwhile, other users speculated that the suspension comes as the SEC is investigating Pump.fun.

BREAKING: SEC @SECGov is taking legal action against Pump fun & its users. Their X account is now suspended

Honestly, I was never a fan of meme coins — hype without purpose. Real innovation solves real problems

The only value meme coins add is transaction volume … pic.twitter.com/EtPDnvvbQ9

— David Wang (@wang_8) June 16, 2025

Early this year, Pump.fun faced a lawsuit for reportedly violating securities laws. Per the lawsuit, the platform sold unregistered securities disguised as meme tokens and attracted nearly $500 million in fees for marketing “highly-volatile” memecoins.

The platform had already been under pressure for selling an unregistered security – Peanut the Squirrel (PNUT) token. additionally, there’s also been a lot of controversy surrounding Pump.fun, from streaming disasters with potential suicides.

Meanwhile, GMGN platform, said in a message on Telegram that it is “actively appealing” X’s decision and is working to restore the account soon.

“During this time, our operations continue uninterrupted. Our team is conducting a thorough investigation into the matter and remains in close communication with the X to expedite a resolution,” the platform told users.

Cryptonews has reached out to Pump.fun and GMGN platforms.

Pump.fun’s $1 Billion Token Sale Coming?

The memecoin launchpad recently announced that it is planning to raise $1 billion in a token sale at a $4 billion token valuation. The community speculated that the token launch would be in June.

Some members said that the platform’s X account suspension would affect its upcoming token launch, as it was the major means to connect to its users. “That pump fun $1 billion token sale just got rugged,” wrote one user.

Co-founder Alon Cohen had earlier denied any rumors about the launch of a potential Pump.fun token.

The post Pump.fun, Founder Alon’s X Accounts Banned, Will This Affect Upcoming $1B Token Sale? appeared first on Cryptonews.

The long-running courtroom saga between Ripple and the US Securities and Exchange Commission has hit another pause, as both parties asked the Second Circuit Court of Appeals to keep the case on hold.

In a joint status report filed on June 16, the SEC confirmed that a settlement has been signed but still hinges on the district court’s approval to move forward.

This is the latest twist in a case that has shaped the way digital assets are viewed under US law. Since 2020, when the SEC sued Ripple for allegedly raising $1.3b through unregistered sales of XRP, the dispute has pulled in investors, crypto platforms and policy watchers from around the world.

#XRPCommunity #SECGov v. #Ripple #XRP In light of the pending motion for an indicative ruling, the parties have requested that the Second Circuit continue to hold the appeals in abeyance, with the @SECGov to file a status report by August 15, 2025.https://t.co/7oQvL5Rx7U

— James K. Filan (@FilanLaw) June 17, 2025

What Began As A Billion-Dollar Dispute Edged Toward Resolution With A Scaled-Down Penalty

A partial ruling in 2023 gave Ripple a win on XRP’s classification in retail sales, but the company was found liable for securities violations in its institutional sales. Both sides appealed.

Then in May, a breakthrough seemed close. The SEC and Ripple reached an agreement in principle to resolve the litigation entirely. According to the June filing, they signed a formal settlement on May 8.

Under the deal, Ripple would pay $50m to the SEC, while the remaining $75m from a previously imposed civil penalty would be returned to the company. The agreement also called for dissolving the injunction placed on Ripple.

Legal Gridlock Deepens As District Court Holds Back Settlement Approval

Still, the path to closure has been far from smooth. The settlement depends on the district court agreeing to revise its earlier judgment. To move forward, both sides filed a motion seeking what is known as an indicative ruling. In essence, they asked the court to signal whether it would consider approving the proposed changes.

However, the court rejected that request on May 15. It ruled that the motion failed to show the “exceptional circumstances” needed for such a modification.

On June 12, Ripple and the SEC returned to court with a renewed motion. This time, they aimed to meet the “exceptional circumstances” standard set by the judge. So far, the court has not ruled on the new request. As a result, both the settlement and the appeals remain in limbo.

In the meantime, the SEC has asked for more time. It requested that the appeals court continue to pause the case and committed to providing another update by Aug. 15. The delay adds to growing uncertainty, as crypto firms and regulators watch closely for guidance on how securities laws will apply to digital assets.

With billions in crypto still operating in a regulatory grey zone, the Ripple case has become a bellwether. What happens next could set the tone for how token sales, crypto company operations and regulatory oversight unfold in the US. For now, the waiting game continues.

The post Ripple v. SEC Stalls Again as Appeal Put on Hold — Here’s What’s Holding It Up appeared first on Cryptonews.

CoinShares, one of Europe’s leading digital asset managers, has filed with the US Securities and Exchange Commission to launch a spot Solana (SOL) exchange-traded fund, marking the latest push by institutional players to gain exposure to the fast-growing blockchain asset class.

The filing, submitted on June 13, outlines plans to list the CoinShares Solana ETF on Nasdaq.

The fund would offer investors direct exposure to SOL, Solana’s native cryptocurrency, by tracking the CME CF Solana–Dollar Reference Rate.

Coinbase Custody Trust and BitGo will act as custodians, storing the assets offline in cold storage. A portion of the holdings may also be staked through selected providers to earn rewards, according to the S-1 filing.

Coinshares jumping into the Solana spot ETF race w new filing this morning. I think we are up to 8 now. pic.twitter.com/IqJxpSGICd

— Eric Balchunas (@EricBalchunas) June 16, 2025

Major Asset Managers Bet on Solana, Though Approval May Take Time

The move comes as a wave of asset managers, including Fidelity, 21Shares, Franklin Templeton, Grayscale, Bitwise and Canary Capital, filed or amended Solana ETF applications on the same day. VanEck, the first to propose a Solana ETF earlier this year, also submitted an updated filing. In total, eight firms have now entered the race, according to Bloomberg ETF analyst Eric Balchunas.

While interest in Solana ETFs has surged, regulatory approval remains uncertain. The SEC recently requested issuers to clarify how they will handle in-kind redemptions, a key operational component for crypto ETFs.

The agency is reportedly open to allowing staking features in these products but has yet to signal any timeline for a decision.

Analyst Pegs Solana ETF Odds at 70%, With Approval Expected Later This Year

Bloomberg analysts have offered cautious projections. In February, ETF analyst Balchunas estimated a 70% chance of approval, though delays are expected.

James Seyffart, a senior ETF analyst at Bloomberg, suggested any early approvals would likely not arrive before late June or early July, with a more probable window falling in early Q4 of 2025.

Solana, often described as a faster and cheaper alternative to Ethereum, has gained significant traction among both developers and institutional investors. However, its volatility, regulatory uncertainty and security challenges continue to weigh on its path to mainstream adoption.

CoinShares’ bid, while not guaranteed to succeed, mirrors the growing appetite for diversified crypto investment products in regulated markets. As the SEC reviews this latest round of filings, issuers and investors alike are watching closely for signals on how the regulator plans to handle the next generation of digital asset ETFs.

The post European Asset Manager CoinShares Becomes 8th Firm to Bet on Solana ETF Approval appeared first on Cryptonews.

El Salvador’s government has quietly added 240 BTCs since signing a $1.4 billion loan deal with the IMF in December 2024. That agreement restricted the country from expanding its Bitcoin position, but loopholes have allowed continued accumulation, now totaling 6,209 BTC.

President Bukele’s strategy of buying one BTC per day remains in effect, albeit outside formal state accounts. Despite a 44.5% year-over-year decline in crypto inflows to El Salvador in Q1 2025, the country’s unwavering stance sends a strong signal to markets: BTC adoption, at least in some parts of the world, remains very much alive.

NEW: El Salvador has bought 240 $BTC since IMF non-accumulation agreement. pic.twitter.com/2zH5BdG2LR

— Cointelegraph (@Cointelegraph) June 16, 2025

For investors, this highlights a divergence between political pressure and grassroots accumulation, reinforcing long-term confidence.

Miners Strengthen U.S. Market Control; BTC Supported

According to JPMorgan, U.S.-listed miners now control 31.5% of the global Bitcoin hashrate—the highest share on record. Riot Platforms, Hive Technologies, and CleanSpark lead the charge, with a combined 99% year-on-year increase in hashrate capacity. Meanwhile, network growth stood at 55%.

NEW: Davinci Jeremie claims “Bitcoin mining is becoming a geopolitical arms race now.”

Currently the US leads the way with 36% of the total hash rate. pic.twitter.com/ZZxD34kGOI

— Cointelegraph (@Cointelegraph) May 30, 2025

Despite a modest drop in hash price, miner valuations have surged $2.4 billion this year, with Riot alone accounting for 20% of that gain. This shift consolidates institutional infrastructure in North America, supporting the argument that Bitcoin is maturing into a fully fledged asset class.

Bitcoin Technical Outlook: Bulls Lose Grip at $108,950

Bitcoin is currently trading at $106,647, down 0.52% on the day. The 1-hour chart shows BTC retreating from symmetrical triangle resistance near $108,951.

The long upper wick on the rejection candle, combined with a bearish MACD crossover, indicates waning momentum.

Bitcoin Price Chart – Source: Tradingview

Support now lies at the 50-period EMA ($106,656) and horizontal levels at $106,196 and $104,633. A break below these could trigger a deeper slide toward $103,132.

Levels to Watch:

Resistance: $108,951, $110,406

Support: $106,196, $104,633, $103,132

Trade Setup:

Bullish: Long if BTC reclaims $109K with volume

Bearish: Short on breakdown below $106,196 with target near $104,633

Despite bullish macroeconomic headlines, price action remains range-bound, keeping the Bitcoin price prediction neutral. For now, patience and precision remain key.

Bitcoin Hyper Presale Surges Past $1.3M—Layer 2 Just Got a Meme-Sized Boost

Bitcoin Hyper ($HYPER) has smashed through the $1 million mark in its public presale, raising $1,307,398 out of a $1,485,641 million target. With just hours left before the price jumps to the next tier, buyers can still lock in $0.01185 per HYPER.

As the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), Bitcoin Hyper brings fast, low-cost smart contracts to the BTC ecosystem. It merges Bitcoin’s security with SVM’s scalability, enabling high-speed dApps, meme coins, and payments—all with cheap gas fees and seamless BTC bridging.

Audited by Consult, Bitcoin Hyper is engineered for speed, trust, and scale. Over 91 million $HYPER are already staked, with estimated 577% APY post-launch rewards. The token also powers gas fees, dApp access, and governance.

The presale accepts crypto and cards, and thanks to Web3Payments, no wallet is needed. Meme appeal meets real utility—Bitcoin Hyper might be Layer 2’s breakout star of 2025.

The post Bitcoin Price Prediction: BTC Hits Wall at $109K as ETF, El Salvador, and Miners Boost Bull Case appeared first on Cryptonews.

The Brazilian lawmaker Eros Biondini has created a draft bill that proposes doing away with crypto tax, particularly in the case of citizens who hold Bitcoin (BTC) as a long-term store of value.

The MP has filed his bill in the Chamber of Deputies, the Portuguese-language media outlet Livecoins reported.

Brazilian Crypto Tax: Could Levies Be Scrapped?

The bill calls for the removal of the clauses in the tax code that explicitly mention the taxation of cryptoassets.

The Brazilian lawmaker Eros Biondini calling for support for his bill on social media. The caption reads: “Fight against the taxation of cryptoassets in Brazil.” (Source: @erosbiondini/Instagram)

It also calls for the abolition of a 2023 law that spells out the means of collecting income tax from profits derived from cryptoassets.

The bill will first be assessed by a Chamber of Deputies committee. The committee will decide whether or not to pass the bill on to the lower house.

From there, it could then move on to the Senate and the office of the President. Both the Senate and the President would have the power to veto the bill.

Biondini also claims that new taxes on financial transactions, including foreign exchange and insurance transfers, are ill-timed.

He claimed that imposing a new tax burden on the population at “a time of economic fragility” would have negative consequences.

The lawmaker noted that the Brazilian tax “burden” reached 32.32% of the country’s Gross Domestic Product (GDP) in FY2024. This is the tax-to-GDP ratio’s highest rate in the last 15 years, per Treasury data.

Biondini criticized the government’s crypto policy. He complained that Brazil, “instead of leading” the world in crypto adoption, is now “going against the grain.”

He said existing and future crypto tax laws “penalize people who are looking for a legitimate, safe, and sovereign store of value.”

Formal Recognition for BTC Savers

The crypto-adovocating lawmaker has previously authored a bill that seeks to formally recognize Bitcoin as a strategic store of value in Brazil.

This proposal seeks to create tax exemption for BTC buyers and holders. It also seeks to spell out citizens’ rights to become self-custodians of their coins, without having to rely on crypto wallet operators.

Méliuz has become the first Bitcoin treasury company in Brazil after shareholders approved the acquisition of $28.4 million Bitcoin.#Méliuz #BitcoinTreasury #BitcoinStrategyhttps://t.co/v1zZ77GH3h

— Cryptonews.com (@cryptonews) May 16, 2025

Biondini took to social media last week in an attempt to unite the Brazilian crypto community behind his bill.

He suggested that if the topic were to go viral, the lower house would be pressured to reject efforts to boost crypto tax revenues in Brazil.

Biondini also called on fellow parliamentarians to back his bill. He explained that it had been designed to defend taxpayers, industry players, and Brazil’s “economic sovereignty.”

In November last year, Biondini unveiled a bill proposing the creation of a national Bitcoin reserve.

The plan called for the government to convert up to 5% of Brazil’s $372 billion international reserve fund to Bitcoin.

The post Brazilian Lawmaker Proposes Scrapping Crypto Tax for Long-term Investors appeared first on Cryptonews.

Excitement in the crypto market is mounting, largely driven by Bitcoin’s recent explosive price growth, which saw it touch a record-breaking high of $111,814 just weeks ago.

However, rising tensions in the Middle East have meant that the industry has been unable to progress further from that milestone. Today, as crypto prices recover, many are speculating that 2025 will see new highs across the board.

A wave of top meme coins, including Pepe, Trump, SPX6900, and FartCoin, have also hit fresh highs over the last six months, which may be an omen that altcoins are next.

As the next bull phase looms, investor attention is rapidly shifting toward a selection of altcoins that could soon be setting new records of their own.

Ripple (XRP): Could This Cross-Border Crypto Favorite Set a New Price High This Year?

Ripple’s XRP continues to gain traction as a linchpin between traditional financial systems and blockchain-based payment rails.

Celebrated for its rapid transactions and low fees, XRP has attracted institutional interest—including from bodies like the United Nations—as a potential framework for compliant global remittance solutions.

Additionally, XRP has also represented the whole industry and played a central role in a high-profile legal battle with the U.S. SEC, which saw a turning point in 2023 when a federal judge determined that its retail sales did not fall under securities law. The case concluded definitively this year with the SEC formally withdrawing its lawsuit after more than four years.

It was a victory for the whole industry, since if the SEC had won, it could have applied the same logic to various leading cryptocurrencies, effectively banning them.

With legal uncertainties cleared, confidence has returned, pushing XRP’s performance ahead of Bitcoin’s over the past year—logging a 367% rise compared to BTC’s 60%.

The presence of a bullish flag across its price chart over Q1 means XRP could command a $3.50 price this summer, pending good crypto industry developments. This would surpass its all-time high of $3.40 from January 2018.

Cardano ($ADA): Can This Ethereum Competitor Retake the Spotlight in 2025?

Cardano ($ADA) is seeing a resurgence in interest, driven by growing institutional popularity and market momentum. Like XRP and Solana, ADA has been referenced by Donald Trump as a potential U.S. reserve asset.

Launched by Ethereum co-founder Charles Hoskinson in 2014, Cardano stands out for its academic research-based development and scalable, environmentally friendly design Proof-of-Stake consensus protocol, which uses up much less energy than Bitcoin. A fact which caused the Ethereum team to adopt the same consensus mechanism in

With a market capitalization of $23.5 billion, ADA needs to get four times bigger to comfortably surpass Solana as the dominant Ethereum rival.

Current forecasts suggest ADA could leap from its present value of $0.6518 to $2 by mid-year. Optimistic projections even hint at a return to its previous high of $3.09, marking a comeback from a 79% decline since September 2021.

With robust support and resistance at its current level, ADA is likely to continue growing this year.

Dogecoin ($DOGE): Can the Original Meme Coin Finally Hit $1?

Dogecoin ($DOGE), the trailblazing meme coin launched in 2013, continues to lead its category with a market cap of $28 billion.

What began as a joke on early crypto hype has matured into a widely adopted asset with a loyal fanbase.

DOGE tends to mirror Bitcoin’s price action, lending it a level of reliability not commonly found among meme tokens. Its popularity soared in 2021 thanks to celebrity backing from Elon Musk, Snoop Dogg, and Gene Simmons.

Momentum returned in early May after a large-scale investor entry pushed prices toward $0.25. Now trading at about $0.1786 after rising 1% overnight, The DOGE Army will be hoping for a lot more gains as they anticipate a likely breakout this summer.

Their bullishness is supported by a descending wedge formation—a bullish pattern that forms across Dogecoin’s falling support and resistance lines between November and April.

If positive trends persist, DOGE could rally to $0.50 in the coming months—a gain of over 180% from current levels.

DOGE’s utility is also growing: Tesla accepts it for merchandise, and services like PayPal and Revolut have enabled DOGE transactions, increasing its real-world relevance.

SUBBD ($SUBBD): The Emerging AI-Creator Crypto Gaining Traction in Fixed Price Presale

Finally, beyond the major players, experienced investors are eyeing presale projects with high upside potential, and one of the most promising is SUBBD ($SUBBD), a token seeking to reshape the $85 billion creator economy through AI innovation.

SUBBD’s platform empowers content creators with more control over their income, fewer intermediary fees, and stronger direct connections with their audiences.

The project is cultivating a tailored ecosystem for digital creatives. It has already secured roughly $669,240 in seed funding, with the token currently priced at $0.055675 during presale.

Early adopters gain exclusive access to premium tools, early content drops, and community perks. On top of that, SUBBD offers an attractive 20% annual yield for stakers—positioning it as a compelling option for long-term holders.

Follow SUBBD on X or Telegram, or visit the SUBBD website for more information.

The post Crypto Price Prediction Today 16 June – XRP, Cardano, Dogecoin appeared first on Cryptonews.

OpenAI’s advanced AI tool, ChatGPT, predicts that the price of several top altcoins will continue its robust upward trend through the second half of 2025.

Bitcoin’s stunning rally to a record-breaking $111,814 on May 22 has reignited investor enthusiasm. With BTC now valued at approximately $106,659, it remains just 4.5% off its peak—a narrow margin that has many anticipating a renewed breakout.

This bullish momentum has prompted some to call the current cycle a potentially historic one, possibly even more dramatic than the surges witnessed during the 2021 bull run.

Leveraging insights from market indicators, macroeconomic signals, project-specific developments, and regulatory evolution, ChatGPT has pointed out several altcoins that could outperform in the months ahead.

Ripple (XRP): Could a 10X Move Be on the Horizon for the Resilient Cross-Border Token?

According to ChatGPT’s analytical projections, Ripple’s XRP may skyrocket to as high as $15 by the end of 2025, marking an increase of well over 500% from its present value of $2.28.

This bullish outlook is driven by rising institutional interest, clearer regulatory positioning, and speculation around a potential spot ETF based on XRP, which could ignite broader investor participation.

XRP continues to earn validation globally for its role in efficient, compliant cross-border payments. A 2024 UNCDF report recognized the token’s performance in allowing fast, transparent, and regulation-aligned transactions.

A major milestone was the favorable U.S. court ruling stating that XRP’s retail sales did not qualify as securities, effectively undercutting the SEC’s core argument. Ripple CEO Brad Garlinghouse confirmed in March that the multi-year case had officially concluded, removing a major overhang and liberating every leading altcoin from the threat of SEC lawsuits over alleged securities laws’ transgressions.

XRP’s key resistance stands at $3. A summer breakout could push it to $5, though ChatGPT’s $15 target would require continued market momentum and regulatory reform in the United States.

Shiba Inu (SHIB): ChatGPT Predicts Up to 10X Price Surge by Year-End

Since launching in August 2020, Shiba Inu has become one of the most well-known meme coins, boasting a market capitalization exceeding $7.2 billion.

Currently priced at $0.00001223, SHIB has gained 2% over the past day and is approaching a breakout from two bullish chart patterns: a descending wedge (November–March) and a bullish flag since mid-May.

The next technical ceiling appears around $0.000022, with further upside toward $0.00003 if momentum persists. From there, ChatGPT predicts a price move to the $0.00008–$0.00012 range by year-end—a 10X rise from its current level.

SHIB’s shift from meme status to functional asset status has played a major role in its recent traction. Built on Ethereum and powered by its own Layer-2 solution, Shibarium, SHIB now enables faster transactions, lower gas costs, and enhanced scalability.

Bitcoin Cash (BCH): ChatGPT Predicts $1,500 Price Target as Bullish Setup Emerges

Bitcoin Cash (BCH), once part of Bitcoin before a 2017 network split over block size debates, is seeing renewed bullish interest. ChatGPT believes it could easily 3X by the New Year.

The split gave birth to BCH as a faster, cheaper transactional alternative. While Bitcoin pursued the “digital gold” narrative, BCH positioned itself as a scalable medium of exchange thanks to its larger block sizes, though this required more powerful hardware, limiting mining participation to institutions.

Since early April, BCH has climbed from $251.54 to around $452.35—an 80% gain in roughly two months. This rally is unfolding within a falling wedge pattern, often seen as a precursor to a bullish reversal.

If sentiment remains strong, BCH could soon test resistance at $500, with a potential push to $700 in sight over summer. While its all-time high of $3,785.82 from 2017 is still far off, renewed interest in utility-driven tokens may reignite BCH’s relevance. A bull market could get it halfway there by Christmas.

That said, overhead resistance near $600 and macroeconomic headwinds could pose challenges in the short term. Still, with solid support around $420, BCH looks set for continued growth heading into summer 2025.

Bitcoin Hyper ($HYPER): A Next-Gen Meme Layer-2 Set for Breakout

While ChatGPT predicts strong performance by legacy tokens, new contenders are emerging—one of which is Bitcoin Hyper ($HYPER), a presale-phase Layer-2 protocol that blends meme coin virality with advanced blockchain technology.

Although it hasn’t yet hit major exchanges like Gemini, HYPER has raised over $1.3 million in its presale, indicating early demand from investors anticipating up to 10X returns post-launch.

Built using Solana’s Virtual Machine (SVM), HYPER introduces smart contracts to the Bitcoin ecosystem via a custom Layer-2 network. Its Canonical Bridge system supports fast, low-fee transactions and a broad suite of decentralized apps.

From DeFi to NFTs, the Hyper ecosystem is designed for wide utility. A recent audit by security firm Coinsult found no vulnerabilities, boosting investor confidence.

The $HYPER token serves multiple roles—governance, transaction fees, staking, and platform access—with staking rewards offering an eye-popping 573% APY.

For updates, visit the official presale website or follow Bitcoin Hyper on X and Telegram.

The post ChatGPT Predicts the Price of XRP, Shiba Inu and Bitcoin Cash by the End of 2025 appeared first on Cryptonews.

The Cardano price (ADA) has gone up by 3.1% in the past 24 hours and currently sits at 0.6440 after the project released an ecosystem update report.

The Cardano Foundation reported that a total of 2,004 decentralized applications are developing and expanding their projects within this blockchain as of June 13, 2025.

Meanwhile, the number of native assets minted on the Cardano blockchain currently sits at 10.83 million while transaction volumes rose by 0.2% compared to the previous week to stand at 110.40 million.

The number of smart contracts – known as Plutus and Aiken scripts – will soon surpass the 140,000 mark.

These figures point to Cardano’s robust and continually-expanding ecosystem. Although the network has been criticized in the past for missing out on some top trends in the crypto space like DeFi and meme coins, there are still developers who are betting on the future of this blockchain as the preferred alternative to deploy real-world applications.

Minswap is currently the largest decentralized exchange (DEX) in the Cardano network with 30-day trading volumes of $79 million. Meanwhile, Liqwid is the largest decentralized application. It specializes in lending and currently has a total value locked (TVL) of $80.9 million.

The combined TVL of Cardano dApps currently sits at $285 million as per data from DeFi Llama. This is a tiny fraction of Solana’s $8.8 billion TVL and just a breadcrumb of Ethereum’s massive $62.9 billion ecosystem.

However, the founder of Cardano, Charles Hoskinson, has always emphasized that his network’s ambitions are centered on powering real-world applications rather than just DeFi apps.

Ecosystem growth is robust according to these latest figures and that favors a bullish Cardano price prediction.

Cardano Price Prediction: ADA Could Rise to $1 If This Happens

Cardano (ADA) recovered during the week after a 4-day losing streak. The $0.600 level seems to have acted as strong support for the price action and could trigger a move toward the $0.7500 resistance in the near term.

The price is currently sitting below its short-term and long-term moving averages and these are currently the key resistances to watch for ADA. A breakout above these markers would favor a bullish Cardano price prediction.

The Relative Strength Index (RSI) seems poised to send a buy signal if it rises above the 14-day moving average.

If the price rises above $0.730 and retests that level from above, this would confirm a bullish outlook that could push ADA to $1. This means an upside potential of 37% for the token.

Apart from Cardano, the Bitcoin blockchain is has significant untapped potential for the development of DeFi applications.

A new crypto presale called Bitcoin Hyper (HYPER) aims to launch a layer-2 scaling solution that will make it possible for these dApps to thrive and unlock trillions of dollars in liquidity that would flow to Bitcoin native protocols.

Bitcoin Hype (HYPER) Raises More than $1M in Less Than 15 Days

Bitcoin Hyper (HYPER) aims to makes the top crypto’s blockchain a suitable home for meme coins, payment platforms, DeFi applications and more.

The developing team aims to achieve this through the launch of a robust side chain powered by the Solana Virtual Machine (SVM). The solution will act as a bridge between the two blockchains to facilitate cheap and fast asset transfers of BTC tokens.

The demand for HYPER, the native asset of this L2, will skyrocket once the protocol is launched and becomes adopted by top wallets and exchanges.

To buy $HYPER at its discounted presale price, head to the Bitcoin Hyper website and connect your wallet (e.g. Best Wallet). You can either swap USDT or BTC for this token or use a bank card to invest.

The post Cardano Price Prediction: Explosive Ecosystem Growth Fuels Bullish ADA Outlook appeared first on Cryptonews.

The Solana price (SOL) has gone up by 7% in the past 24 hours just a day after Bybit – one of the world’s largest crypto exchanges – launched a new decentralized trading platform built on this blockchain.

Ben Zhou, the exchange’s CEO, shared details about the project on his X account. Byreal is the name of this new decentralized exchange (DEX) that will start to operate by the end of the month.

Announcing Byreal — our first onchain DEX incubated by Bybit, will be LIVE by end of the month. Starting from scratch and now born on Solana. what's special: 1/ CEX + DEX synergy Byreal isn’t “just another DEX.” It’s combining CEX-grade liquidity with DeFi-native transparency.… https://t.co/JU60e4zHQ4

— Ben Zhou (@benbybit) June 15, 2025

Zhou emphasized that Byreal combines “CEX-grade liquidity with DeFi-native transparency.” It will offer low slippage and prevent miners’ manipulation through MEV protection.

Byreal will directly compete with leading decentralized solutions within the Solana ecosystem like Raydium, Orca, and PumpSwap.

The token’s significant uptick in the past day indicates how excited market participants are for the news as it could attract significant transaction volumes to this blockchain. The news favors a bullish Solana price prediction.

Solana Price Prediction: SOL Eyes Retest of $185 After Support Bounce

Solana DEX volumes in the past 24 hours stood at $1.8 billion while they rose by 10.2% in the past 30 days to $77.43 billion according to data from DeFi Llama.

The above-mentioned three DEXs account for more than three-quarters of that total with Raydium leading the pack with a 29% market share.

Looking at the daily chart, Solana (SOL) has bounced for a third time off the $140 level in the daily chart to solidify the importance of this key threshold. Meanwhile, trading volumes in the past 24 hours have nearly doubled.

The price has hit a key resistance at $155. This level acted as a ceiling for the price action previously. If SOL breaks out above this threshold and retests it from above it will confirm a clear runway to $185.

Momentum indicators favor a bullish outlook as the Relative Strength Index (RSI) has jumped above the 14-day moving average.

As the Solana network prepares to receive higher transaction volumes from Byreal, the need for a scaling solution like Solaxy (SOLX) is more evident than ever. This is one of the hottest crypto presales of the year and it is about to end.

Solaxy (SOLX) Enters Last 2 Days of Its Presale with $52M Raised

Solana has struggled to keep up with rising transaction volumes during peak usage periods like January this year when TRUMP and MELANIA were launched.

Solaxy (SOLX) is a layer-2 scaling protocol for the Solana blockchain that bundles transactions offline in a side chain to alleviate the mainnet’s burden.

The developing team has already launched the Solaxy testnet and will launch the mainnet this month. A block explorer is available so investors can check the solution’s performance in real time before its official rollout.

With just 2 more days ahead before the end of its successful presale, this is the last opportunity that investors will have to grab $SOLX at its heavily discounted presale price of $0.001764.

This token will see a spike in its demand once the solution is embraced by top wallets and exchanges. In addition, the project offers attractive staking rewards that currently sit at 80%.

To buy $SOLX, simply head to the Solaxy website and connect your wallet (e.g. Best Wallet). You can either swap USDT or SOL or use a bank card to invest.

The post Solana Price Prediction: Major Exchange Chooses Solana for New Decentralised Exchange Platform – SOL Adoption Rising appeared first on Cryptonews.

Although Solaxy (SOLX) has officially ended its presale, early backers still have one final shot – a seven-day window to purchase SOLX at the exact listing price of $0.001764.

This final round gives latecomers a rare opportunity to enter at a price typically reserved for early-stage investors, right before the token goes live on major exchanges. With $SOLX poised for post-listing price discovery, this entry point could be key to maximizing upside.

The momentum is undeniable. Solaxy raised over $52 million during its presale, with a massive wave of capital pouring in during the final stretch. That kind of demand has historically preceded major listing runs, as seen with tokens like First Neiro (NEIRO) and Fartcoin (FARTCOIN), which surged following their Binance debuts.

While there’s no official word yet on a Binance listing, Solaxy’s visibility and status as Solana’s first Layer-2 chain make it a prime candidate for major exchange attention.

For now, this seven-day listing price window is the last chance to secure SOLX before it becomes available to the broader market, and probably at a much higher price.

One whale just made its move, snapping up $73,000 worth of SOLX – a move that could be legendary in hindsight if Solaxy becomes the Layer-2 backbone of tomorrow’s Solana-powered internet.

Investors Bet on Solaxy as the Real Engine Behind Solana’s Future

Over $4 million has already flowed into Solaxy’s presale in the past three days, not just because Solana is heating up again with institutional buzz, but because more investors now view Solaxy as the catalyst that could finally unlock a new leg up for SOL.

Many believe Solaxy isn’t just another scaling solution – it’s the Layer-2 that could help $SOL push toward VanEck’s bold $520 target, while $SOLX itself is being positioned by early backers as a potential 100x play once trading begins.

Even 99Bitcoins, a leading crypto education platform, has echoed this sentiment:

Why the confidence? Solaxy is already delivering where it counts.

The Hyperlane-powered testnet bridge is live. The block explorer is fully operational. And the chain’s testnet is already running smoothly – showing that this isn’t just a whitepaper project.

The mainnet launch isn’t far behind either. According to the team, Solaxy’s full chain rollout is expected shortly after SOLX begins trading, with an early July launch on the horizon.

Once live, Solaxy will act as a true Layer-2, offloading pressure from Solana during peak demand and helping maintain high uptime across meme coins, DeFi, gaming, and NFTs.

Solaxy is gearing up to be the very upgrade Solana needs to earn back full trust from developers, institutions, and high-frequency apps alike.

ETF Providers Add SOL Staking – Fueling Bullish Outlooks for SOL and Infrastructure Tokens Like SOLX

SOL is currently trading around $155, still well below its January all-time high of $293. That previous peak, however, came during a period of network overheating – the exact issue Solaxy was built to solve.

Institutional interest in Solana continues to build, and the upcoming ETF wave could be a major catalyst. Just recently, seven asset managers – including Fidelity, Grayscale, Bitwise, and Canary – filed updated S-1 forms with the U.S. SEC, all including staking provisions for SOL. The move is widely seen as bullish for long-term adoption and price performance.

Traders like Joe Swanson on X are eyeing a breakout above $162 as the next key level – and if that happens, it could open the door to a sustained rally.

It’s not just SOL that stands to benefit. As user Kabuki pointed out, this ETF momentum could lift Solana ecosystem tokens by 10x to 100x, and SOLX is one of the top contenders.

User Borovik also sees the Solana ETFs as a potential catalyst for another meme coin breakout – one that could spark a strong rally heading into summer.

SOL ETFs are bullish for memecoins

SOLANA SUMMER

— borovik (@3orovik) June 16, 2025

But unlike most ecosystem tokens, Solaxy’s performance is deeply tied to Solana’s core infrastructure. As the only project directly addressing the chain’s scalability and uptime challenges, it’s uniquely positioned to ride any network-wide growth to new heights.

What Happens When SOLX Lists? Traders Are Watching Closely

With the listing price locked in at $0.001764, speculation is building around where SOLX could head once it hits exchanges.

And recent token launches show just how wild things can get.

NEIRO rocketed from a $16 million market cap to over $1.14 billion – a 70x move driven by nothing more than momentum and the right listing timing.

FART despite being built on memes and chaos, listed on Binance Futures in December 2024 and Coinbase in 2025 – and is still up over 26,394,151.28% from its all-time low.

If tokens like that can explode just by making it to the right exchanges, what happens when a project like Solaxy, with a lot more than just laughs going for it, goes live?

$52 million has already poured into SOLX before it’s even trading. Imagine how much more liquidity will flood in when it hits exchanges.

Buy Now or Buy Higher – Final Chance to Grab SOLX at Launch Price

As mentioned, Solaxy is giving buyers one final week to catch up and secure SOLX at the listing price.

To participate, simply head to the Solaxy website, connect a supported wallet, and purchase SOLX.

Newly acquired tokens can be staked immediately to grow your holdings passively – with the protocol currently offering a dynamic 80% APY, adjusted based on pool activity.

To support the token launch, Solaxy has already burned 35,046,000,000 $SOLX – worth over $62 million at current prices – permanently removing 25% of the total supply and boosting the scarcity of what’s left.

And to prove the chain can handle real-world stress, the team has launched a $25,000 bug bounty on Cantina, rewarding developers who uncover critical vulnerabilities.

For the best experience, use Best Wallet – the recommended noncustodial Web3 wallet with full presale integration and multichain support.

Stay updated by following Solaxy on Telegram and X.

The post Solaxy Final Chance to Buy Before Claim And Listings – $53M Raised appeared first on Cryptonews.

A new musical about Luigi Mangione featuring disgraced FTX founder Sam Bankman-Fried debuted in San Francisco this past weekend, less than one year after the killing of UnitedHealthcare CEO Brian Thompson.

SBF, Diddy & Luigi Characters Take Center Stage

Directed by Nora Bradford, “Luigi: The Musical” bills itself as a “part comedy and part social commentary,” and largely follows the “bizarre reality” of Mangione’s life behind bars alongside fellow inmates Sean “Diddy” Combs and Sam Bankman-Fried at Metropolitan Detention Center (MDC) in Brooklyn, New York.

“The show reimagines these infamous figures as stand-ins for three disillusioned pillars of American life: healthcare, Hollywood, and tech,” the production’s website states.

Despite mixed reviews and claims that it may be “too soon” for a show on such hot-button subject matter, Bradford affirms that her musical “interrogates” violence as opposed to glorifying it.

“Luigi: The Musical uses comedy to bring deeper questions to the surface,” says Bradford. “Why did this case garner the reaction that it did? And what happens when people stop trusting their institutions?”

Where Is Sam Bankman-Fried Now?

Despite Bankman-Fried being listed as an inmate at MDC, federal prison records show that the former “king of crypto” has been housed at Terminal Island FCI in his home state of California since late April.

The crypto con man’s transfer from MDC to the prison that once held notorious prisoners, including cult leader Charles Manson, crime boss Al Capone, and former Theranos COO Ramesh Balwani, came just one month after he gave a high‑profile interview behind bars to media personality Tucker Carlson.

Bankman-Fried was convicted on multiple fraud charges in November 2023 for the dramatic crash of FTX after a month-long trial that saw numerous associates of the former crypto kingpin testify against him.

“He knew it was wrong,” Judge Lewis A. Kaplan said during Bankman-Fried’s sentencing in March 2024. “He knew it was criminal. He regrets making a bad bet against the likelihood of getting caught—he’s not going to admit a thing.”

It is unclear whether Terminal Island FCI will be Bankman-Fried’s final prison as he serves his 25-year sentence behind bars.

Performances of Luigi: The Musical run through July 13.

The post Satirical Luigi Mangione Musical Featuring Sam Bankman-Fried Debuts In San Francisco appeared first on Cryptonews.

Key Takeaways:

Trump Media & Technology Group has filed to launch a Bitcoin and Ethereum ETF, with Crypto.com as custodian and Yorkville America Digital as sponsor.

The ETF will allocate 75% to Bitcoin and 25% to Ethereum, pending SEC approval.

The Trump Organization announced a $499 smartphone and mobile service under the “Trump Mobile” brand.

The phone will be made in the U.S. and will include bundled services like telemedicine and global texting.

Trump Media & Technology Group, the operator behind Truth Social and Truth+, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a new Truth Social Bitcoin and Ethereum ETF.

According to the company’s June 16 announcement, the ETF will directly hold both Bitcoin and Ethereum, allocating 75% of its assets to Bitcoin and 25% to Ethereum.

ETF to Hold Bitcoin and Ether in Direct Custody

The new digital asset investment product, once approved, will be listed on NYSE Arca. Crypto.com has been named as the sole custodian and prime execution agent. It will also provide staking and liquidity services.

The ETF’s launch is subject to the SEC’s clearance of the Form S-1 registration and a separate Form 19b-4. Yorkville America Digital will also act as the ETF’s sponsor.

While no launch date has been confirmed, the decision to work with established infrastructure providers like Crypto.com may help the product withstand regulatory scrutiny. If approved, the ETF could add a new dimension to the political and financial profile of the Trump Media brand.

$499 Trump-Branded Smartphone Set for September Launch

The Trump Organization introduced a new mobile service and smartphone today under the brand “Trump Mobile,” marking the latest in a series of consumer-facing ventures targeting conservative audiences.

Announced during a media event at Trump Tower, the $499 device will be available starting in September, alongside a monthly service plan priced at $47.45 as a reference to Trump’s current role as the 47th U.S. president.

BREAKING: The Trump Organization announced Trump Mobile, which will offer 5G service starting at $47.45 through the 3 major carriers and will be releasing a phone in August called the “T1 Phone.”

The phone is described as “a sleek, gold smartphone engineered for performance and… pic.twitter.com/jhtXRLveJZ

— RedWave Press (@RedWave_Press) June 16, 2025

The company stated that the phones will be manufactured in the U.S. and supported by domestic call centers.

Donald Trump Jr. said the offering will include bundled services such as telemedicine, international texting, and roadside assistance.

“We are going to be introducing an entire package of products where people can come and they can get telemedicine on their phones for one flat monthly fee, roadside assistance on their cars, unlimited texting to 100 countries around the world,” he said at the event.

The phone and network are operated under a trademark licensing agreement, with the Trump Organization not directly involved in hardware design or telecom infrastructure. DTTM Operations, which manages Trump’s intellectual property, has filed trademark applications for telecom services and accessories.

Trump-linked ventures are expanding into sectors with high consumer turnover, including mobile devices and digital asset products. The latest filings and launches show a coordinated push to establish diversified commercial footprints in retail finance and telecom under a unified brand identity.

Frequently Asked Questions (FAQs)

Could the SEC’s ongoing scrutiny of crypto products affect the ETF’s approval?

Although multiple spot crypto ETFs have been approved in 2024 and 2025, each filing is reviewed individually. Political affiliations or branding have no formal bearing, but high visibility may invite added regulatory attention.

What role does Crypto.com play beyond custody?

Crypto.com will also act as a staking provider and execution agent. This means it will handle trade execution and potentially generate yield on the Ethereum portion of the holdings through staking services.

Could regulatory scrutiny increase due to the Trump brand’s involvement?

Political affiliations can intensify attention from both regulators and advocacy groups, particularly if the product garners outsized media visibility or operates in sensitive sectors like finance or telecommunications.

The post Trump’s Truth Social Wants to Launch a Bitcoin & Ethereum ETF – Here’s What That Could Mean appeared first on Cryptonews.

Bitcoin had been on the brink of establishing a fresh all-time high last week — but the bullish momentum was derailed when Israel launched a series of late-night airstrikes against Iran, with Tehran later responding in kind.

The world’s biggest cryptocurrency wasn’t alone in suffering selloffs. Global stock markets took a battering as investors digested the ramifications of this latest escalation in the Middle East. Oil prices rose, as did gold.

While BTC has recovered to some extent at the start of a new week, it remains below the $110,000 recorded last Wednesday. But a bigger question now is this: what lies ahead for the crypto markets?

To begin with, it’s significant to note that Bitcoin has resisted a drop below $100,000, despite this fresh bout of turbulence. In fact, BTC hasn’t returned to five-figure territory since early May. That’s impressive in and of itself.

In examining why this digital asset has been able to stay above this psychologically significant threshold, it’s worth bearing in mind that institutions have continued to acquire BTC at aggressive rates recently. Strategy’s Michael Saylor was also undeterred — and as he usually does on a Monday, confirmed that his company has bought an additional 10,100 coins… this time for $1.05 billion.

Strategy has acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin and has achieved BTC Yield of 19.1% YTD 2025. As of 6/15/2025, we hodl 592,100 $BTC acquired for ~$41.84 billion at ~$70,666 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/n7q77DmqCY

— Michael Saylor (@saylor) June 16, 2025

That means Strategy is now tantalizingly close to having more than 600,000 BTC in its treasury for the first time. But as some market watchers have noted, each and every purchase is dragging up the average cost per coin. That now stands at $70,666, giving Saylor less wriggle room in the event of a bearish contraction.

When it comes to the worsening conflict between Israel and Iran, there was a positive reaction to media reports that Tehran is seeking to resume negotiations over its nuclear programs. According to The Wall Street Journal, the country is “urgently signaling that it seeks an end to hostilities” — with messages sent through Arab intermediaries.

Looking forward, analysts have argued that it would take a significant escalation for BTC to succumb below $100,000. Yet recent price movements expose something of an uncomfortable truth for this cryptocurrency: while Bitcoiners argue that it’s a safe haven, a form of digital gold, it’s normally the first thing that investors dump in a risk-off environment.

Debate is also raging over whether the markets — both equities and cryptocurrencies — are fully pricing in the potential ramifications of a deepening conflict between both countries. For the past four days, 24-hour news channels have been dominated by dramatic pictures of missiles striking buildings, amid reports that hundreds of people have already been killed.

Analysts have argued that the recent tensions have the potential to last far longer than previous flare-ups — and any lull in hostilities may be mistaken as a sign that lasting peace has been achieved. YouHodler’s head of risk, Sergei Gorev, told Cryptonews:

“At the beginning of the conflict, the quotes of most risky assets decreased, including cryptocurrencies. The only asset that rose in value was gold. Gold usually rises in times of general uncertainty — both political and geopolitical, as well as economic. At the same time, cryptocurrencies grow more often in times of excess liquidity. By now, most Tier 1 cryptocurrencies have already recovered from their price drop. The market thus indicates that it does not firmly believe in the active development of the Iran-Israel conflict phase. Interest in both gold and cryptocurrencies is driven by the declining value of the U.S. dollar on the global foreign exchange market. This also benefits crypto investors. Therefore, market participants use the low-price moment to buy cryptocurrencies at more attractive prices even in the face of the possibility of military conflict.”

CoinShares painted a bullish picture in a recent report, citing data that showed digital asset investment products attracted $1.9 billion in inflows last week despite “geopolitical concerns.” That’s the ninth consecutive week in positive territory, and takes the year-to-date total to a cool $13.2 billion.

Image: CoinShares

And while the spate of companies snapping up vast amounts of Bitcoin may have shielded this cryptocurrency from sharp drops in the short-term, some analysts have raised fears that this could cause headaches in the months and years to come.

Coinbase’s global head of research David Duong explored this further in a recent blog post, where he argued there’s a significant difference between the publicly listed companies turning to BTC to diversify their portfolios — and those “solely focused on crypto accumulation.”

Duong argued that some of these vehicles could end up facing “forced selling pressure” as they battle to service their debts in a downturn, which “could lead to market liquidations and a sell-off in crypto more broadly.”

There could also be problems in a less drastic scenario. Should such a company “unexpectedly offload” Bitcoin for innocuous reasons — such as “routine cashflow management” — he fears it could trigger sudden price declines and a wider rush to sell, destabilizing the market.

Zooming out then, and it seems that Bitcoin’s bull run remains in a precarious position. While the crypto markets are showing signs of strength for now, threats continue to linger on the horizon.

The post Israel-Iran Conflict: Is Bitcoin at Risk? appeared first on Cryptonews.

Key Takeaways:

Bitcoin rebounded from Friday’s dip, rising from $102,800 to $107,700 despite Middle East tensions.

QCP Capital reported muted volatility and strong ETF inflows, suggesting no broad risk-off shift.

Cardano’s Charles Hoskinson proposed using $100 million in treasury funds to purchase BTC and stablecoins.

Bitcoin recovered after briefly dropping on Friday following Israel’s attack on Iran, trading from a low of $102,800 back to $107,700 on Monday.

A report by QCP Capital published on June 16 noted that the pullback was limited in scope, and the asset held above the $100,000 threshold. It compared the reaction to a sharper drop in April 2024, when a similar situation triggered a decline of over 8 percent.

Asia Colour – 16 June 25

1/ $BTC has held up impressively despite rising Middle East tensions. After dipping to 102.8k on Friday following Iran-Israel headlines, it has since recovered to 107k, mirroring rebounds in US equity futures and large-cap tokens.

— QCP (@QCPgroup) June 16, 2025

Bitcoin Market Remains Composed

Institutional flows remained steady during the episode. Spot Bitcoin ETFs continued to log weekly inflows, and entities such as Metaplanet and Strategy were reported to have added to their holdings over the weekend.

QCP said implied volatility in the Bitcoin options markets remained muted, with front-end levels staying under 40. The Chicago Board Options Exchange Volatility Index also remained near 20, indicating no broad shift into defensive positioning across risk assets.

Traders cited stable activity in U.S. Treasuries and Asian government bonds as evidence that risk-off sentiment had not fully set in.

While the risk of escalation remains, the report said current price behavior indicates the asset’s evolving response to geopolitical shocks. It noted that the price remains less than 6 percent below its all-time high.

Some market participants believe continued global uncertainty could sustain demand for Bitcoin in the medium term, particularly amid concern over sovereign debt exposure and currency risk.

Cardano Considers Treasury Shift Toward BTC and Stablecoins

Cardano founder Charles Hoskinson recently proposed converting $100 million worth of ADA from the protocol’s treasury into a mix of stablecoins and Bitcoin. The plan outlines the use of Bitcoin to support emerging BTC-DeFi applications developed on Cardano sidechains and partner networks.

Hoskinson said the funds could be deployed gradually using over-the-counter (OTC) and time-weighted execution strategies to avoid disrupting ADA’s market price. He stated that Cardano’s liquidity is sufficient to absorb the reallocation without causing volatility.

Hoskinson added that upcoming features like native token support and partner chains require treasury mechanisms that go beyond single-asset reserves. A formal proposal is expected ahead of the Rare Evo conference later this year.

Bitcoin is being used in more treasury and liquidity strategies across both centralized and decentralized systems. Some DeFi protocols have started allocating to BTC to counter the effects of native token dilution or to back multi-asset reserves.

Frequently Asked Questions (FAQs)

How does low implied volatility in options markets affect Bitcoin’s price behavior?

Low implied volatility typically indicates reduced expectations of sudden price swings, suggesting that traders do not foresee sharp reactions to ongoing geopolitical risks.

Why are some DeFi protocols introducing BTC into their treasuries?

Incorporating BTC can provide a more stable reserve asset, diversify treasury holdings, and help offset inflationary pressure from excessive native token issuance.

What role do governance upgrades play in treasury diversification efforts?

New governance models, including elected boards and portfolio mandates, help protocols manage multi-asset reserves transparently and reduce concentration risk in single tokens.

The post Bitcoin Defies Middle East Turmoil, Climbs to $107.7K as ETF Inflows Hold Firm appeared first on Cryptonews.

$BONK is charging upward, with traders rushing back in. The Solana memecoin climbed 5% today as trading volume jumped by 53%, fueling fresh bets that it could overtake rivals like $WIF. With a $1.25B market cap, the dog-themed token is leading the Solana meme pack.

The rebound follows weeks of sluggish trading, suggesting retail investors are returning to Solana’s meme coin frenzy. All eyes are now on whether $BONK can maintain the pace as network activity intensifies.

Source: CoinMarketCap

$BONK’s LetsBONK Fun Launchpad Success Sparks Renewed Investors’ Attention

Since the launch of BONK’s native memecoin launchpad, LetsBONK Fun, the $BONK token has maintained steady trading activity.

A recent success story from the platform saw one of its launched tokens experience a rapid growth of over 1,400% within ten days, achieving a $100 million market valuation.

Bonk Guy does it again

USELESS +40% to $93M

Up 15x in the past 10 days… pic.twitter.com/rP8hNbFVs6

— TylerD (@Tyler_Did_It) June 15, 2025

Revenue generated through LetsBONK Fun supports both the $SOL and $BONK ecosystems, with 35% explicitly allocated for $BONK token purchases and burns.

Revenue Breakdown

detailed breakdown of how revenue is used to support the $SOL and $BONK ecosystems

– $BONK buy/burn: 35%
– $BONKsol staking: 30%
– $GP Reserve: 7.6%
– Hiring/Growth: 7.6%
– Development/Integration: 7.6%
– SBR: 4%
– $BONK rewards: 4%
– Marketing: 4% pic.twitter.com/wD2VMb9sAM

— letsBONK.fun (@bonk_fun) May 13, 2025

These developments have boosted the utility of the $BONK meme coin, leading many investors to anticipate a particularly aggressive next price rally.

The memecoin now requires fewer than 60,000 additional on-chain holders to reach the milestone of 1 million holders, demonstrating the strong community support behind $BONK.

$BONK DAO Taps Football Hype as Futures Data Reveal BONK’s Next 60-90% Breakout Zone

The Bonk DAO continues to advocate for the broader adoption of memecoin culture in the retail sector.

In a recent initiative, they teamed up with German football giants Borussia Dortmund (BVB) for a high-profile watch party for BVB’s upcoming Club World Cup clash against Brazilian team Fluminense, featuring a $BONK mascot as the star attraction.

NYC, it’s ON

You’re invited to the BONK x BVB x Skyline watch party for BVB vs Fluminense on June 17.

Food, drinks, and BONKhttps://t.co/fUyRqCXLbi pic.twitter.com/NYWqQQYNut

— BONK!!! (@bonk_inu) June 13, 2025

$BONK futures open interest has also shown growth, according to Coinglass data, displaying a combined $10 million in open interest (OI) across OKX, Bitunix, and Gate exchanges.

Source: CoinGlass

Traders are eyeing a breakout above $0.000017 as a springboard toward targets of $0.000025 and $0.000037, which represent potential gains of 60% to 90% from current price levels.

Technical Analysis: Five Key Resistance Zones Identified—Can $BONK Break Through to $0.00002335?

The 4-hour $BONK/$USDT chart on Binance displays a bullish breakout pattern developing from a well-defined falling wedge formation.

This technical pattern, generally regarded as a bullish reversal indicator, demonstrates price action contracting downward between two converging trend lines before breaking upward.

After weeks of sustained downward momentum, $BONK has successfully broken through the upper resistance of the wedge with increased volume, suggesting a possible shift in market dynamics.

The breakout currently targets a projected price appreciation of approximately 49.88%, representing a potential move of 0.00000780 $USDT from the breakout level.

The chart indicates multiple sequential resistance levels, with five distinct target zones established following the breakout.

The key resistance levels to watch are $0.00001803, $0.00001929, $0.00002058, $0.00002205, and finally $0.00002335. Sellers could push back at these prices. Traders should watch them closely.

Should momentum continue and market conditions remain supportive, $BONK could advance toward higher targets in the coming days.

The post BONK Eyes 90% Breakout as Volume Surges 53% – Will Solana’s Rising Meme King Eclipse WIF? appeared first on Cryptonews.

ChatGPT o3 Pro AI model just processed 47 live market indicators, from TradingView technical signals, Binance order-book flows, social media sentiment, and on-chain metrics, to deliver a surprising Dogecoin price prediction as the memecoin clings to $0.17778.

With volatility compressed to multi-month lows and RSI approaching oversold territory at 39.57, o3 Pro identifies $0.19 as the key pivot between a breakout toward $0.30 and a breakdown to $0.15.

After opening in January 2025 with euphoric highs of $0.4159, Dogecoin has made some dramatic corrections and technical consolidations that have set the stage for the next major directional move.

Source: CoinMarketCap

The brutal February selloff, which crushed prices to $0.1590, a 51.6% monthly decline, separated diamond hands from paper hands, creating a more mature holder base that has weathered subsequent volatility with resilient stability.

While other cryptocurrencies were severely affected by the market-wide liquidation of over $1.4 billion caused by the ongoing Israel-Iran war, Dogecoin held firm with only a 2% loss.

The following analysis was conducted using one of ChatGPT’s most advanced AI models, the new o3 Pro. The predictions were then reanalyzed and edited together after being “humanized” for enhanced readability while maintaining analytical precision.

Overview: Dogecoin Technical Analysis and Price Prediction

The daily turnover of Dogecoin still commands $1.05 billion despite being down 45.10% from recent peaks. However, sentiment oscillates between cautious optimism and bearish caution as traders position themselves ahead of potential catalysts.

With a $26.56 billion market cap, DOGE has been up 0.75% recently, keeping it firmly among the top ten cryptocurrencies.

While traditional technical indicators flash warning signals with all major moving averages trading above current prices, a deeper examination shows patterns that historically precede major price movements.

Source: CFGI

With technicals coiling tighter, on-chain participation maintains healthy levels despite price weakness, and sentiment balances fear and greed.

Technical Indicators Expose Oversold Conditions Amid Volatility

The latest daily chart reveals Dogecoin wedged into its tightest volatility range since early 2025, with price action compressed between $0.1742 and $0.1803 over the past 24 hours. It is a mere 3.5% range that suggests explosive moves are building beneath the surface.

This compression phase, historically observed before DOGE’s most extensive directional breakouts, creates conditions where even modest catalysts can trigger disproportionate price movements.

RSI at 39.57: Approaching oversold territory but not yet triggering reversal signals

MACD below signal line: Confirming bearish momentum but showing signs of stabilization

Moving Average Death Cross: All major EMAs trading above the price, creating a resistance constellation

Average True Range: Compressed to 0.018, indicating volatility expansion is imminent

Volume patterns: 585.42M DOGE daily, moderate but stable participation

The Relative Strength Index lingering near 39 creates a particularly intriguing setup. This level sits just above the traditional oversold threshold of 30, representing a zone where selling pressure typically exhausts itself and buyers begin to emerge.

Source: Cryptonews

Historical analysis shows that when DOGE’s RSI approaches 40 during consolidation phases, subsequent bounces have averaged 23% over the following 30 days, though the sample size demands caution in extrapolation.

Key Support and Resistance Framework

Primary Support Levels:

$0.17560: Recent swing low, immediate support

$0.15228–$0.16078: key support zone, multiple tests

$0.14500: Psychological level, major demand zone

Resistance Constellation:

$0.19298: 20-day EMA, immediate resistance

$0.19707: 50-day EMA, secondary barrier

$0.20386: 100-day EMA, major hurdle

$0.21332: 200-day EMA, long-term resistance

The flattened EMA cluster between $0.19 and $0.21 is a formidable resistance wall that has consistently rejected upward attempts.

Source: TradingView

However, the increasing distance between the current price and these averages suggests that when a break finally occurs, the momentum could carry DOGE well beyond initial resistance levels as short covering and FOMO buying accelerate.

A clean break above $0.19298 would realign the price with bullish momentum for the first time since January, potentially opening pathways toward the $0.22–$0.25 range.

Conversely, failure to defend $0.17560 risks exposing the broader support zone and could trigger accelerated selling toward psychological levels near $0.15.

Liquidity & Market Depth: Institutional Interest Meets Retail Resilience

Despite recent price weakness, Dogecoin maintains a robust liquidity infrastructure that rivals many top-tier cryptocurrencies.

The $26.62 billion market cap provides deep order books capable of absorbing large trading volumes without excessive slippage. The $1.04 billion daily turnover, representing roughly 4% of the market cap, indicates healthy institutional and retail participation.

24-hour turnover: $1.04 billion, maintaining billion-dollar daily flows

7-day volume: $6.8 billion, evidence of sustained market engagement

Market cap ranking: Consistently top-10, institutional recognition

Exchange distribution: Broad listing across major venues, reducing concentration risk

The pair trades most actively on Binance, Coinbase, and other major exchanges where aggregated order books routinely absorb eight-figure transactions without visible market impact. Should volatility spike on major news or technical breakouts, this is a key buffer.

This liquidity depth provides the foundation for meaningful price discovery and reduces the risk of flash crashes that plague smaller cryptocurrencies.

Volume Composition Analysis

Current volume patterns reveal tactical positioning rather than panic selling or euphoric buying.

The composition has shifted toward spot markets rather than derivatives, suggesting that leverage is being reduced as traders position for potential breakouts rather than chasing momentum within the current range.

Spot dominance: Growing share of total volume, reducing leverage risk

Derivative cooling: Options and futures activity normalizing from extreme levels

Geographic distribution: Global trading maintains healthy regional participation

Institutional flows: Consistent presence of large block trades indicating professional participation

Source: TradingView

Volume-weighted Moving Average (VWMA-20) trends marginally higher despite classic EMAs flashing sell signals, indicating selective accumulation continues even as technical indicators remain bearish.

This divergence often precedes trend reversals as smart money positions ahead of retail recognition.

DOGECOIN’s Network Activities Show Growth Defies Price Weakness

Even as price action has cooled throughout 2025’s first half, network fundamentals show continued adoption and utility expansion far beyond speculative trading.

On-chain metrics reveal a cryptocurrency successfully transitioning from pure meme status to legitimate payment infrastructure, creating organic demand that operates independently of market sentiment cycles.

Network Utilization Metrics

Source: BitInfoCharts

Daily active addresses: Maintaining consistent engagement above the 2024 averages, with the 2025 peak close to 700K in May.

Transaction volume: Steady throughout price consolidation, peaking at over 661K transactions in a single day.

Payment adoption: Expanding merchant acceptance, creating real-world utility.

Mining participation: Stable hashrate despite price declines, network security maintained

The persistence of network activity during sideways price action contrasts sharply with many alternative cryptocurrencies, where usage typically decays alongside speculative interest.

This stability suggests that underlying demand drivers have matured beyond simple speculation into genuine utility applications.

Utility-Driven Demand Expansion

Recent developments in DOGE’s utility ecosystem create multiple demand channels that support price levels independent of trading activity:

Payment Integration Growth:

Major retailers are continuing to add DOGE payment options

Online platforms, like rumors around X, are expanding cryptocurrency acceptance

Cross-border remittance applications gaining traction

Supply Dynamics and Float Reduction:

Inflation rate: 3.3% annually, predictable and priced into current levels

HODLer accumulation: Long-term holders are increasing positions during consolidation

Corporate adoption: Businesses holding DOGE as treasury assets and ETFs

Staking mechanisms: Various platforms offering yield on DOGE holdings

Current price stability suggests equilibrium has been achieved between new supply and organic demand, setting the foundation for price appreciation when speculative demand returns.

DOGECOIN Social Metrics: Community Engagement Surges Despite Price Weakness

Social sentiment analysis reveals updated dynamics in Dogecoin’s community engagement patterns, with LunarCrush data showing nuanced shifts that provide deeper insights into market psychology and potential price catalysts.

Current Social Performance Overview:

Mentions: 23.17K (up 9.12K from the previous period)

Engagements: 2.03M (down 73.01K, showing some cooling)

Creators: 4.44K (down 157, indicating a slight reduction in content creation)

Sentiment: 87% (up 2%, showing strong bullish community psychology)

Social Dominance: 2.7% (maintaining substantial crypto social mindshare)

Key Performance Indicators:

AltRank: 489 (positioning within broader altcoin ecosystem)

Galaxy Score: 61 (moderate overall social and market performance)

Despite competitive pressure from tokens like Hyperliquid’s HYPE surpassing DOGE in futures trading and newer assets like Fartcoin gaining Coinbase traction, DOGE maintains its 2.7% social dominance with 4.44K active creators.

The divergence between 87% positive sentiment and current price action around $0.1777 creates historical opportunities. High community conviction provides psychological support during technical consolidation and generates buying pressure on positive catalysts.

Recent technical analysis from traders like Trader Tardigrade suggests potential uptrend formations and Adam and Eve bullish patterns, while gaming integration through PlaysOut and DogeOS expands utility narratives beyond speculation.

Elon Musk’s continued influence also remains a major catalyst, with sustained discussion around potential influencer impact positioning the community for momentum acceleration.

The three-month social outlook reveals bullish indicators, including the strong 87% sentiment foundation, increasing quality technical analysis, and utility expansion creating new engagement narratives.

Risk factors include decreasing total engagements, potentially indicating waning mainstream interest, and competitive pressure from newer tokens.

Key monitoring points focus on sentiment sustainability above 80% during price weakness, engagement quality trends, and maintaining social dominance above 2.5%.

Twitter Sentiment Deep Dive

The qualitative analysis of community sentiment reveals compelling insights into collective psychology and price expectations within the Dogecoin ecosystem.

Analysts forecast an incoming “Golden Cross” formation with ambitious $0.30 targets. This formation will require DOGE to reclaim the $0.19298 level and overcome resistance constellations.

Golden Cross is due for $DOGE guys …

My next target is 0.30$
Let’s Gooooooooooooo

pic.twitter.com/aVhOgLzk9f

— Glory2GloryStudio (@Glory2GloryX) June 14, 2025

This technical optimism is reinforced by community members drawing parallels to historical patterns, particularly referencing “2017 vibe check” scenarios that connect current market conditions to previous primary bull run cycles.

$DOGE 2017 vibe check. Tell me what you think. pic.twitter.com/EUkhEpo7NB

— Surf (@_CryptoSurf) June 14, 2025

Long-term price projections extend to the $1 mark, representing the kind of conviction that often becomes self-fulfilling through coordinated community action, despite the ambitious nature of such targets relative to current pricing.

#Dogecoin is heading to the $1 mark with this consistent pattern $DOGE pic.twitter.com/6A6eXCZ1sW

— Trader Tardigrade (@TATrader_Alan) June 14, 2025

Recent reports pointing out substantial mining profitability add another dimension to DOGE’s fundamental picture.

Headlines claiming “Whales earn $65,824 a day by mining Dogecoin” and “DOGE holders cloud mining: passive income increased by $37,780 per day” suggest that network economics remain attractive despite price consolidation.

Source: SoChain

Three-Month DOGECOIN Price Outlook: Scenarios and Catalysts

Base Case: Consolidation with Upward Resolution (65% probability)

The most probable scenario involves continued consolidation between $0.15–$0.20 through the remainder of Q3 2025, followed by upward resolution toward $0.25–$0.30 levels as technical indicators reset and community sentiment translates into sustained buying pressure.

Source: TradingView

Technical Requirements:

RSI recovery above 50 confirms a momentum shift

Volume expansion above 500M DOGE daily during breakout attempts

Reclaim of 20-day EMA at $0.19298 with conviction

Bitcoin stability above $110,000 provides a favorable macro backdrop

Price Targets:

Initial resistance: $0.22–$0.25

Extended target: $0.28–$0.32

Timeline: 60-90 days for full development

Bullish Breakout Scenario: Explosive Rally (25% probability)

A decisive break above $0.20386 with substantial volume could trigger the explosive moves that DOGE is famous for, potentially reaching $0.40–$0.50 levels as community predictions become self-fulfilling prophecies and mainstream media attention accelerates FOMO buying.

Source: TradingView

Breakout Catalysts:

Major corporate adoption announcements

Viral social media moments are driving mainstream attention

Bitcoin leading broader crypto market rally above $110,000–$115,00

Elon Musk or other celebrity endorsements

Technical Signals:

Clean break above 100-day EMA with volume confirmation

RSI momentum above 60 with sustained buying pressure

Social mentions exceeding 50K daily with positive sentiment

Options activity showing heavy call buying

Bearish Breakdown Scenario: Support Failure (10% probability)

A break below $0.15228 support would invalidate the consolidation thesis and could trigger accelerated selling toward $0.10–$0.12 levels as technical support fails and community sentiment shifts negative.

Source: TradingView

Breakdown Risks:

Broader crypto market correction below key support levels

Regulatory pressure on meme coins or payment cryptocurrencies

Major exchange delistings or trading restrictions

Fundamental changes in utility adoption trends

#Dogecoin $DOGE must hold above $0.168 to avoid a 30% price drop! pic.twitter.com/PDhqo7fpcK

— Ali (@ali_charts) June 15, 2025

Risk Management Levels:

Stop-loss below $0.15000 for trend-following strategies

Position sizing appropriate for a high-volatility asset class

Diversification across multiple cryptocurrency holdings

Monitoring volume patterns for early breakdown indicators

Key Catalysts and Monitoring Points

Immediate Catalysts (1-4 weeks):

RSI behavior at oversold levels (bounce vs. continued deterioration)

Volume expansion patterns during any directional moves

Bitcoin’s technical condition and broader crypto market sentiment

Social media engagement trends and sentiment evolution

Medium-term Signals (1-3 months):

Moving average reclaim attempts and success rates

On-chain adoption metrics and utility expansion

Corporate adoption announcements, ETFs approval, and treasury allocations

Regulatory developments affecting payment cryptocurrencies

Long-term Indicators (3-6 months):

Golden Cross formation potential (50-day above 200-day EMA)

Mainstream payment adoption milestones

Community sentiment evolution and engagement sustainability

Market structure changes and institutional participation

Will DOGE Break Out or Break Down? Technical Convergence Indicates Decision Point

Dogecoin’s current market structure reveals a key convergence as price action compresses within the tightest volatility bands since early 2025.

The $0.17775 level represents a 46% decline from January’s $0.3287 peak, yet technical indicators suggest this consolidation may be nearing resolution.

RSI approaches oversold extremes while on-chain activity maintains steady growth despite price weakness, creating conditions where patient capital could be rewarded through asymmetric risk-reward positioning.

The next 60-90 days will determine whether current conditions represent accumulation before substantial upward movement or distribution preceding deeper correction.

The post ChatGPT o3 Pro Reveals Shocking DOGECOIN Price Prediction as It Tests Key $0.175 Support appeared first on Cryptonews.

Crypto exchange Coinbase is facing backlash for sponsoring U.S. President Donald Trump’s controversial military parade in Washington, D.C. on Saturday, June 14.

Coinbase Sponsorship Sparks Military Controversy

Social media was flooded with videos and images of Coinbase’s sponsorship at the event, which was intended to mark the U.S. Army’s 250th anniversary and coincided with Trump’s 79th birthday.

US Army, sponsored by Coinbase pic.twitter.com/c3KtJNFQdQ

— Luke Metro (@luke_metro) June 15, 2025

Longtime Coinbase customer Adam Cochran took to X on Monday to share that he would be selling his positions in the crypto company, calling the organization’s decision to back the event “gross” and “bad marketing” for mainstream digital asset adoption stateside.

“It’s time for me to vote with my wallet and use alternatives that either align with my values or that can actually keep their ‘credibly neutral’ stance, instead of only applying it conveniently,” Cochran wrote.

“If you told me a few years ago Coinbase would be a sponsor to a U.S. military parade I’d think you were insane,” another X user wrote.

America250, the organization behind this past weekend’s event, confirmed the Brian Armstrong-led crypto exchange as one of its high-profile sponsors in a June 9 press release.

Additional sponsors of the parade included military giant Lockheed Martin, defense company Palantir, and shipping organization FedEx.

Protests Erupt Amid Military Parade

Trump largely used his remarks at the event to laud the U.S. military, calling it the “greatest, fiercest, and bravest fighting force” globally.

“Every other country celebrates their victories,” Trump told attendees. “It’s about time America did too.”

However, not everyone was as receptive to Trump’s militaristic grandstanding, with “No King” protests breaking out nationwide in opposition to the opulent parade.

Today, I stand with the millions of Americans making clear this country doesn't belong to a king.

It’s a democracy, and it belongs to the people. https://t.co/c3BlFb9dCe

— Elizabeth Warren (@SenWarren) June 14, 2025

“Today, I stand with the millions of Americans making clear this country doesn’t belong to a king,” Senator Elizabeth Warren (D-MA) said in a June 14 statement. “It’s a democracy, and it belongs to the people.”

The post Coinbase Sponsorship of Trump’s Army Parade Triggers Nationwide Backlash and Sell-Offs appeared first on Cryptonews.

Tron, the blockchain platform founded by crypto billionaire Justin Sun, is reportedly planning to enter U.S. public markets through a reverse merger with Nasdaq-listed SRM Entertainment, according to a recent report from the Financial Times. The entry will be coordinated by Dominari Securities.

Once finalized, the deal will establish a new entity known as Tron Inc., which will reportedly hold substantial amounts of TRX, Tron’s native digital asset.

The FT report indicates that Eric Trump, son of U.S. President Donald Trump, may assume a leadership position within the rebranded company.

Tron to Inject $210M in TRX as It Eyes Nasdaq Debut

The newly formed Tron Inc. is expected to onboard as much as $210 million worth of TRX tokens, with a structure that resembles MicroStrategy’s Bitcoin-centric treasury model, positioning it as a publicly traded vehicle to leverage its crypto reserves.

Dominari Securities operates under Dominari Holdings, which is affiliated with American Data Centers. This venture, focused on AI infrastructure, was co-founded by Eric Trump and Donald Trump Jr., both of whom sit on the advisory board.

JUST IN: Tron $TRX to go public in the US.

For your info JS is the largest holder in $trump coin. Do you understand game… pic.twitter.com/gegiKNxlmL

— Nilesh Rohilla (@nilesh_rohilla) June 16, 2025

This development follows closely on the heels of Circle Internet Financial’s landmark listing on the New York Stock Exchange, where it raised $1.05 billion in one of the largest crypto IPOs of the year.

Circle’s public debut has indicated renewed investor interest in blockchain firms, particularly amid improving regulatory clarity under the Trump administration and growing institutional support for crypto assets.

Justin Sun’s High-Stakes Bet: Going Public, Trump Ties, and $79B Stablecoin Empire

Justin Sun’s relationship with the Trump family appears to be deepening. In May, he attended a private banquet at Trump National Golf Club in Virginia alongside 24 other major holders of the $TRUMP meme token.

He has also invested $75 million in World Liberty Financial, a Trump-aligned crypto venture that recently launched the USD1 stablecoin on the Tron network.

Thank you Tron!!! @justinsuntron @worldlibertyfi #USD1 https://t.co/6CvSaIs04H

— Eric Trump (@EricTrump) June 11, 2025

Following the merger news, TRX token price climbed roughly 3%, trading around $0.2785, according to CoinGecko.

Source: Cryptonews

Tron currently manages more than $4.8 billion in total value locked (TVL) and has a stablecoin market cap of $79 billion, making it the second-largest player in the global stablecoin space.

TRON is processing $20 BILLION in stable coins DAILY, that's more volume than Visa!

Justin Sun: "Everyone who matters in crypto is already here" as Dubai dethrones Singapore as the crypto capital

From $5T to $7T projected volume in 2025. The revolution is happening on-chain…

— Kate Miller (@KateMillerGems) June 5, 2025

In addition, Tron’s daily active address count is nearing 3 million, marking its highest level since May 2023.

The post Breaking: Tron ($TRX) Plans US Public Offering – What This Means for Crypto appeared first on Cryptonews.