☕️ GM! Here are the top events in #Crypto from the past 24 hours

📊Market Updates

🔸Strategy buys 10,100 more BTC for $1.05B, bringing its total to 592,100 BTC, nearly 3% of all supply. Funded via preferred stock offerings.

🔸JPMorgan files trademark for “JPMD” crypto services, signaling plans for a USD-backed stablecoin and broader digital asset offerings.

🔸Canada approves first North American spot XRP ETF. Purpose’s XRPP to begin trading June 18 on TSX as altcoin ETF race intensifies.

🔸OCC removes prior restrictions on bank crypto services, allowing direct participation in custody, stablecoin reserves, and payment rails.

🔸CoinShares files for a spot Solana ETF with the SEC, joining VanEck, Fidelity, and others in the race for SOL fund approval.

🔸El Salvador adds 240 BTC since December 2024 despite IMF deal discouraging accumulation, using a one-BTC-a-day strategy to stay compliant.

🌟Highlights

🔸Trump’s Truth Social files S-1 to launch dual Bitcoin and Ether ETF backed by Cryptocom, aiming to list on NYSE Arca and simplify crypto access.

🔸Tron to go public via reverse merger with SRM after US probe pause. Deal involves $210M in tokens and Trump family ties to new entity.

🔸Coinbase and Gemini near EU-wide MiCA licenses via Luxembourg and Malta, raising concerns over regulatory arbitrage across member states.

🔸Pumpfun and several memecoin-linked X accounts were suspended without explanation, sparking speculation of regulatory or policy enforcement.