ابورشاد

A filing submitted to the New York Stock Exchange on Tuesday indicated that the platform "Truth Social," owned by President Donald Trump, is making progress towards launching its own exchange-traded fund for Bitcoin.

On Tuesday, NYSE Arca, the fully electronic arm of the New York Stock Exchange, submitted an application to list a Bitcoin exchange-traded fund backed by "Truth Social," which is part of Trump Media & Technology Group Corp (NASDAQ:DJT). Trump is the primary owner of the company.

NYSE Arca submitted a Form 19b-4 to seek regulatory approval for the listing of the exchange-traded fund and to allow it to be traded on the exchange.

The Bitcoin exchange-traded fund from "Truth Social" aims to directly track the price of the world's largest cryptocurrency, benefiting from the increasing popularity of instant cryptocurrency funds traded over the past year.

The filing comes after Trump Media and Crypto.com announced a partnership to develop several digital asset products together, including exchange-traded funds.

The market for instant Bitcoin exchange-traded funds in the United States has grown significantly since its approval in early 2024, with total inflows reaching $44.4 billion.

The Bitcoin exchange-traded fund from "Truth Social" represents another attempt by Trump to enter the cryptocurrency space - a field he has shown increasing support for over the past year.

Will Hoskinson's dispute with this decentralized finance (DeFi) project lead to a greater decline or a sudden rise? Here are the details of the story.

The Cardano (Cardano-ADA) community has experienced chaos over the past two days following a dispute between the founder of the Cardano blockchain protocol, Charles Hoskinson, and the decentralized finance (DeFi) protocol named Optim Finance.

The dispute arose against the backdrop of Hoskinson accusing the protocol of funding a smear campaign against him, accusing him of adding code to the Allegra update of Cardano that allowed him to redirect $600 million worth of ADA without the need for a vote from the cryptocurrency community.

The latest accusations in this regard came from Masator Alexander, one of the creators of non-fungible tokens (NFTs), who claimed that Hoskinson was able to seize this vast amount of coins that belonged to the initial coin offering (ICO) of ADA during 2021.

The Ethereum Foundation indicated that the restructuring represents a shift towards forming a more efficient and focused team, in its pursuit of implementing a fast and effective development process.

The Ethereum Foundation has laid off some members of its research and development team within what it called the Protocol Research and Development section, which has been renamed simply as 'Protocol', in its efforts to increase focus on scalability and ease of use. In a blog post on Monday, the foundation clarified that these changes aim to 'raise standards of focus and collaboration', with Ethereum enjoying what it called 'the best opportunities to benefit not only from our technology but also from our values on a global level'.

In its pursuit of implementing its new approach, the foundation clarified that the priorities of Protocol are: 'increasing the scalability of the layer one (L1) blockchain, increasing the storage capacity for transaction blocks, and improving the user experience', and each of these priorities has been linked to strategic initiatives and specialized teams to raise standards of accountability and resource allocation.

The investigator specializing in tracking blockchain operations, "ZachXBT," reported that the Taiwanese cryptocurrency exchange "BitoPro" may have suffered a security breach on May 8, resulting in the loss of digital assets estimated to be worth over $11.5 million.

According to the information shared by ZachXBT via his Telegram group, the breach involved the exchange's hot wallets across several networks, including Ethereum, Tron, Solana, and Polygon, which were accessed without authorization.

ZachXBT explained that the stolen coins were liquidated through decentralized trading platforms, and then anonymity protocols like Tornado Cash and Thorchain were used to wash the proceeds before being transferred to a Wasabi wallet, a mixing service used to obscure Bitcoin transaction identities.

As of the time of writing this news, BitoPro has not issued any official statement clarifying the circumstances of the incident, and the platform's team previously only announced a temporary suspension of services citing "maintenance work" without mentioning any security threats.

The native Ethena currency, ENA, faces a potential price collapse risk as the new unlock date approaches, which will release over 40 million tokens worth approximately $12.7 million on June 2nd. This event has raised concerns among investors and negatively impacted market sentiment, although the quantity represents less than 1% of the total supply.

ENA is experiencing a continuous decline, with its price dropping by 2% over the past 24 hours to $0.304, having breached several important technical support levels, increasing the likelihood of further price bleeding towards the $0.25 level if selling from lock participants increases.

Technical indicators reflect a clear state of weakness, as the Relative Strength Index approaches the oversold territory, accompanied by a bearish crossover in the MACD indicator, with the currency trading below key moving averages. However, potential signs of recovery may emerge if the currency can surpass the 20-day average and reclaim the $0.32-$0.34 range, especially with potential support from positive news about the expansion of the Ethena network, which recently integrated the stablecoin USDe into the TON network and reached over 900 million users.

As the full launch of the decentralized EtherealDEX platform approaches this year, ENA's future remains tied to market developments and the platform's ability to attract new users.

Meme coin traders are closely monitoring the price movements of Pepe (Pepe-PEPE) after former U.S. President Donald Trump posted a message that many interpreted as promoting this currency.
In a post dated May 29 on Truth Social, Trump shared a humorous image of the Pepe frog that was interpreted as a subtle promotion of the PEPE coin, sparking widespread engagement and boosting positive price expectations for PEPE, reminiscent of Elon Musk's public promotion of Dogecoin (Dogecoin-DOGE), which helped that coin top the list of meme coins during the recent bull market.
Although Trump did not explicitly promote Pepe, his recent post generated excitement among traders hoping to replicate the remarkable successes of DOGE. However, the market response was moderate due to broader macroeconomic pressures; after an initial rise of 6% within hours of the post, the price subsequently corrected by 18%. The volatility surrounding the U.S. International Trade Commission's decision regarding the suspension of tariffs imposed by Trump is likely the main reason for this reversal, alongside a decrease in risk appetite among investors and a prevailing cautious optimism in the market.

The U.S. President's renewed promotion of this currency may provide the necessary momentum to exit the channel that represents the cup and handle pattern that has been ongoing for 5 months.

The daily price chart for the PEPE/USDT pair illustrates the formation of the cup and handle pattern. Source: TradingView, Binance. Initial investor reactions to Trump's post led to a rise in the price of PEPE towards the next resistance level, but this increase was not strong enough to successfully break through this level.

Currently, momentum indicators are leaning towards the bears (short sellers), with the MACD declining further below the signal line after recently crossing downward with it, indicating the possibility of a continued bearish trend in the short term. Meanwhile, the Relative Strength Index (RSI) appears to be heading towards falling below the neutral line at the 52 level, taking a downward path; if this trend continues, it is likely that sellers will dominate the market and outperform buyers.

Potential social catalysts may sustain this pattern, with a price rebound likely at the Fibonacci retracement level of 0.618 at $0.00001, which is usually considered a potential reversal point during minor corrections.

The price of Solana (Solana-SOL) continued to decline at the beginning of the weekend trading, reaching 154.40$ , down by 11.7% over the week. This follows wider market volatility amid the U.S. Court of Appeals reinstating the tariffs imposed by Trump and overturning the previous ruling issued by the International Trade Court, raising concerns in risk asset markets, including digital assets like Solana.

Ethereum's Price Technical Outlook and Key Levels in Anticipation of a Possible Breakout
Despite the optimistic financial and technical data, Ethereum's price forecasts reflect discouraging readings from technical analysis indicators. On the 4-hour price chart, Ethereum's price has broken the lower boundary of its ascending channel, and the 50-period Exponential Moving Average (EMA-50) has turned into a resistance barrier at $2,592. Additionally, the negative momentum is reinforced by the MACD indicator signals and the formation of a Three Black Crows pattern (three consecutive bearish candles) near $2,594, suggesting an increased risk of continued decline.

Key Support and Resistance Levels:
Support: $2,466$ and $2,385$ respectively; if these levels are broken, the price may continue to decline toward $2,298$ and possibly $2,250.
Resistance: $2,594$ and $2,689$ respectively; the price may recover if it successfully breaks this range.
Important Trading Candle Patterns: The appearance of a bullish engulfing candle or a long lower wick near support levels would be promising.
Although the impact of SharpLink's financial disclosure and the implications of ETFs appear to be positive factors in the medium term, caution is advised in the short term due to the lack of indications suggesting a potential reversal. Thus, it is likely that the price will fluctuate within a narrow range or continue to decline.

سجل سعر إيثيريوم (Ethereum-ETH) تراجعاً يوم الجمعة الماضي بنسبة 2.75% خلال 24 ساعة ليستقر حول 2,517$ على الرغم من ارتفاع إيجابية المزاج العام للمستثمرين نتيجة إعلان شركة SharpLink Gaming استثمار 48 مليون دولار بعملة ETH؛ وتهدف إستراتيجية الشركة الاستثمارية القوية -وفقاً للإفصاح المالي المقدم إلى لجنة الأوراق المالية والبورصات (SEC)- إلى جمع تمويلٍ بقيمة 425 مليون دولار ضمن جولةٍ خاصة، مع رصد أغلبية التمويل لإنشاء احتياطي إيثيريوم إستراتيجي.

JUST IN: SharpLink Gaming raises $425M to kick off an ETH Treasury strategy.

Most of the #RWA tokens are built on $ETH

Institutions are waking up. pic.twitter.com/F1s5hbCcVs

— Real World Asset Watchlist (@RWAwatchlist_) May 27, 2025

وتشبه تحركات SharpLink الأخيرة نهج مايكل سايلور (Michael Saylor) المتعلق بشراء أرصدة بيتكوين (Bitcoin-BTC) عبر شركته مايكروستراتيجي (MicroStrategy)، ما دفع مُجتمعات الكريبتو للمقارنة بينهما.

ستقوم SharpLink بطرح 69.1 مليون سهم للبيع بسعر 6.15$.
ويُرجَّح أن تُسهم إستراتيجية شراء أرصدة ETH في ازدياد الطلب المؤسساتي عليها.
ستصبح جوزيف لوبين (Joseph Lubin) -وهيَ من مؤسسي بلوكتشين إيثيريوم- الرئيس الجديد لمجلس إدارة SharpLink.
أدى ذلك إلى ارتفاع قيمة سهم SharpLink بنسبة 400% بعد الإعلان رغم المخاطر التنظيمية، بما فيها احتمالية تصنيف ETH كورقة مالية وأجواء عدم اليقين المحيطة بالعملات الرقمية للبنوك المركزية (CBDCs).

في تحدٍّ لمعايير الإدارة التقليدية المتعلقة بأصول خزانة المؤسسات، تتجه مؤسسة Trump Media لجمع أكبر احتياطي إستراتيجي لبيتكوين باستخدام رأس المال المؤسساتي، ولتختبرَ في ذات الوقت مدى إقبال المستثمرين على نماذج الأعمال التي تشمل الأصول الرقمية في عصر التحول التنظيمي.

النقاط الرئيسية:

مؤسسة Trump Media تجمع ​​2.44 مليار دولار عبر طرح خاص تضمَّن أسهماً عادية وسنداتٍ قابلة للتحويل النقدي.

الشركة تعتزم إنشاء أحد أكبر صناديق بيتكوين ضمن الشركات العامة الأمريكية.
يمكن لهذا الاستحواذ أن يضعTrump Media ​​ضمن أكبر 5 شركاتٍ عالميةٍ امتلاكاً لبيتكوين.
في ذات السياق، جمعت مجموعة ترامب للإعلام والتكنولوجيا (Trump Media & Technology Group) تمويلاً بقيمة 2.44 مليار دولار في طرحٍ خاص، مؤكدةً خططها لإنشاء أحد أكبر احتياطيات الخزانة المؤسساتية لبيتكوين (Bitcoin-BTC) داخل الولايات المتحدة. ويُوحي هذا الإعلان -الصادر بتاريخ 29 أيار/مايو- بتحوّلٍ لافتٍ في الإستراتيجية المالية للشركة مع تحولها نحو بيتكوين كأصل محوري للخزانة، وذلك ضمن صفقةٍ تم تنفيذها من خلال بيع أسهم عاديةٍ وسنداتٍ مضمونةٍ قابلةٍ للتحويل النقدي، وتضمّنت بيع قرابة 55.9 مليون سهم بسعر 25.72$ للسهم، إلى 1 مليار دولار من السندات القابلة للتحويل دون فوائد بتاريخ استحقاقٍ في عام 2028، وشارَك في جمع التمويل قرابة 50 مؤسسة استثمارية.

French club Paris Saint-Germain has revealed an unprecedented step in the world of football by adopting the cryptocurrency Bitcoin as part of its financial strategy for treasury reserves, becoming the first sports club of this magnitude to enter the world of digital currencies in a direct and investment-oriented way.

Bar Helgason, head of the club's global projects platform, stated that Paris Saint-Germain added Bitcoin to its financial books last year, with a portion of the club's cash reserves converted to Bitcoin, and the cryptocurrency remains recorded to this day, in a move that confirms the club's transformation into a significant player in the ecosystem of digital currencies.

Helgason added during the Bitcoin 2025 conference that the club, which is considered one of the largest clubs in the world, is currently leading efforts to accelerate entrepreneurial projects in the field of Bitcoin, and is working to embrace investments related to the cryptocurrency, considering the club is ready to support these projects through partnerships, launches, listings, and fundraising, benefiting from a fan base of over half a billion supporters globally.

The price of the Pepe (PEPE) coin surged by nearly 58% over the course of a month, raising questions about the possibility of reaching the $0.01 mark, especially since the recent price movements of PEPE have not received the necessary coverage, but its market value currently stands at $5.88 billion after an increase of 0.29%.

Pepe (Pepe Coin-PEPE) continues to advance in the race to claim the throne of meme coins after it recorded a strong monthly launch with an increase of 57.9% amid growing fears of missing out (FOMO), with meme coins inspired by the Pepe frog logo leading the performance race ahead of other competitors. This has turned its early supporters into the biggest winners overnight, as PEPE has remained resilient in a market dominated by liquidation and a rush to take profits; its price rose by 5% in the last 24 hours, making it the only winner among the seven major meme coins.

This recent display of strength has raised a bold question within crypto trading communities and enthusiasts about the possibility of PEPE reaching the price of $0.01$ in the long term.

What ignites discussions about the price of PEPE reaching $0.01?
The post by US President Donald Trump on his social media platform Truth Social is one of the motivating factors for this bold prediction, after he shared an attached image with the caption: “He is on a divine mission, and nothing can stop what is coming.”

The Pepe the Frog logo appears in President Trump's post.

At first glance, Trump seems to be the subject of the message, but the most observant viewers noticed the Pepe the Frog logo in the background, which we highlighted in red above.

This unexpected appearance has sparked enthusiasm and optimism in meme coin communities; CoinGlass data showed an increase in open interest (the total value of open contracts in the futures derivatives markets) for PEPE by 9.81% over the last 24 hours, alongside a 31.8% increase in trading volumes to reach $2.7 million, while the funding rate for the coin remained positive for nine consecutive days.

This indicates that bullish speculators (buyers) are bearing higher fees to open these contracts compared to their bearish counterparts (sellers), suggesting a significantly improved overall sentiment due to opening positions related to the coin at a higher value compared to its current price in spot trading markets.

The Sui Network community has announced its approval of a proposal to unfreeze assets valued at over $160 million, which were frozen following a major breach of the Cetus protocol, one of the leading decentralized finance protocols on the network.

A statement published on May 29 via platform X indicated that 90.9% of the validators participating in the vote agreed to transfer the frozen assets to a multi-signature wallet, paving the way for their return to the affected users as part of a comprehensive compensation plan.

This decision comes after the attacker exploited a vulnerability in third-party code within the Cetus protocol, leading to the withdrawal of liquidity from multiple pools, before transferring part of the funds to the Ethereum network. The validators managed to freeze $162 million of these assets on the Sui network, reducing the extent of the losses.

In an unprecedented shift, the United States under President Donald Trump is witnessing what observers describe as the 'golden age of cryptocurrencies,' amid a wave of radical regulatory changes and broad government openness to the crypto market.

Since the beginning of his new term, Trump has launched a comprehensive campaign to reshape the digital landscape, which included dismantling restrictions imposed by the Securities and Exchange Commission (SEC), paving the way for major companies like Coinbase (NASDAQ:COIN) and cryptocurrencies like XRP to emerge from a spiral of legal conflicts and begin a new phase of growth.

Notably, the Trump administration did not stop at lifting restrictions, but also took practical steps, exemplified by the establishment of a strategic Bitcoin reserve launched last March, indicating a radical shift in the state's view of digital assets as strategic financial tools.

In a move that reinforces this trend, VivoPower International, listed on the NASDAQ, announced a private financing deal worth $121 million, led by Saudi Prince Abdulaziz bin Turki Al Saud, to fund its shift towards a digital treasury strategy focused on XRP, making it the first listed company to adopt this currency as a core component of its business model.

On Thursday, the U.S. Securities and Exchange Commission voluntarily dropped its civil case against Binance, the world's largest cryptocurrency exchange, reflecting a shift in the regulatory agency's approach under the new Trump administration.

The agency dropped its case against Binance and its founder Changpeng Zhao with a ban on refiling, meaning it cannot pursue the case again.

The regulatory agency, under the leadership of former Chair Gary Gensler, had filed a lawsuit against Binance and Zhao in June 2023 on charges of artificially inflating trading volumes, misappropriating customer funds, and facilitating the trading of several cryptocurrencies that should have been registered as securities illegally.

This case was separate from Binance's guilty plea in November 2023, which resulted in a $4.32 billion fine imposed on the platform for violating federal anti-money laundering laws. Zhao served a four-month prison sentence.

Binance Coin (BNB) did not show a significant response to the SEC news, as it fell by 1.1% to $674.20.

The total market capitalization of cryptocurrencies and Bitcoin (BTC) has seen a significant decline today. Bitcoin dropped during its daily trading lows to below the support of $105,000. This decline is attributed to China imposing a new ban even on merely owning cryptocurrencies.

The Optimism (OP) currency also fell by 9.3%, leading the losses among alternative currencies in this context.

The total market capitalization of cryptocurrencies decreased by $61 billion over the past 24 hours, reaching $3.30 trillion. This drop has broken the key support level at $3.31 trillion, indicating increasing short-term volatility.

This decline came after China renewed its restrictions on owning cryptocurrencies, exacerbating previous restrictions on mining and trading. Despite these selling pressures, it is expected that the pace of decline will soon weaken, potentially giving the market capitalization a chance to regain the support level at $3.31 trillion.

However, if the wave of panic selling escalates, it could lead to mass liquidations, which may push the market capitalization of cryptocurrencies down towards the level of $3.21 trillion, increasing the risks faced by investors.

Bitcoin fell on Friday, continuing its recent decline from record levels amid growing doubts about U.S. President Donald Trump's trade tariffs, leading to continued profit-taking in the cryptocurrency market.

The world's largest cryptocurrency was headed for slight weekly losses, pulling back from last week's peak. Additional institutional buying failed to lift prices, after Gamestop announced its purchase of coins worth over $500 million.

Positive regulatory developments provided limited support, as the Securities and Exchange Commission announced it was withdrawing its lawsuit against the cryptocurrency platform Binance.

Bitcoin dropped by 1.3% to $106,267.6 by 9:44 AM Saudi time.

Bitcoin fell on Friday, continuing its recent decline from record levels amid increasing doubts about U.S. President Donald Trump's trade tariffs, leading to ongoing profit-taking in the cryptocurrency market.

The world's largest cryptocurrency was heading towards slight weekly losses, retreating from its peak recorded last week. Additional institutional buying did not succeed in lifting prices after GameStop announced its purchase of cryptocurrencies worth over $500 million.

Positive regulatory developments provided limited support, as the Securities and Exchange Commission announced the withdrawal of its lawsuit against the cryptocurrency platform Binance.

Bitcoin fell by 1.3% to $106,267.6 by 9:44 AM Saudi time.