Meme coin TRUMP made waves when it launched on Solana on January 17, 2025, issuing 200 million tokens out of a planned supply of 1 billion. Related Reading: Bitcoin Meets Heartbreak In Drake’s Latest Track—Details According to trading data, its price shot from under $10 to a whopping $80 within hours, pushing its fully diluted valuation to nearly $75 billion. But by July 2025, TRUMP had tumbled back to $8.60, a 90% drop from its peak. Its circulating market cap now sits around $1.70 billion, with a fully diluted value of about $8.60 billion. Cross Chain Push Into Tron Based on reports from the project’s official X account, TRUMP plans its first expansion beyond Solana by launching on the Tron blockchain. This move is designed to tap Tron’s large user base and faster transaction speeds. Tron boasts over 100 million accounts and sub‑second confirmations, which the TRUMP team believes could fuel a fresh wave of buyers and traders. $TRUMP on #TRON is coming. Stay tuned! pic.twitter.com/S5WfV8APvU — TrumpMeme (@GetTrumpMemes) July 7, 2025 Volatile Price Swings Define TRUMP TRUMP’s rollercoaster debut underlines extreme volatility. After the initial frenzy in January, the coin’s price plummeted by 88% from $80 to $8.60. That slide erased roughly $65 billion in valuation. Today’s price reflects speculative trading rather than any long‑term adoption. Investors who rode the peak saw massive gains briefly, then steep losses just as quickly. Justin Sun’s Big Stake On May 20, 2025, Tron founder Justin Sun tweeted that he is TRUMP’s largest holder. He reportedly owns nearly $19 million worth of tokens after a $75 million investment in Trump’s World Liberty Financial platform. Sun’s position comes with perks. He won a “private dinner” alongside the top 220 token holders, securing a seat at US President Donald Trump’s Virginia golf club. Critics say that kind of setup blurs the line between crypto hype and pay‑to‑play politics. Related Reading: XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029 Central Control Raises Warnings Two Trump‑affiliated companies, CIC Digital LLC and Fight Fight Fight LLC, control 80% of TRUMP’s token supply. Those tokens are locked under a three‑year vesting schedule. Analysts warn that when insiders hold such large shares, they can sway prices at will. That level of centralization runs counter to crypto’s promise of open and fair systems. Senators Richard Blumenthal, Elizabeth Warren, and Jeff Merkley have called for new rules to curb how politicians and their allies can launch or endorse digital coins. They argue that projects like TRUMP could be used for personal gain or campaign boosts, creating a need for clearer boundaries. Traders And Regulators Brace For Tron Launch As TRUMP eyes a Tron debut, traders and regulators alike will watch closely. The move could spark a fresh surge in trading volume. Yet the same factors that drove its initial spike—viral hype, insider perks, and a heavy token concentration—could just as easily lead to another steep plunge. Featured image from Bankless Times, chart from TradingView
Falcon Finance’s Falcon USD (USDf) lost its dollar peg on Tuesday amid falling liquidity, collateral quality concerns and accusations of mismanagement.
The company will use a combination of American depositary shares, warrants and convertible debentures to raise the funds.
BlackRock’s IBIT Spot Bitcoin ETF has officially crossed 700,000 BTC in assets under management, valued at approximately $76 billion as of July 17. The milestone comes just 18 months after the fund’s launch in January 2024, marking a rapid accumulation pace that has drawn industry-wide attention. Bloomberg Senior ETF Analyst Eric Balchunas highlighted the achievement […]
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Truth Social has filed to launch a crypto ETF tracking BTC, ETH, SOL, CRO and XRP, aiming to list on NYSE Arca after regulatory approval.
Much like Bitcoin eliminates reliance on centralized intermediaries in finance, Bitchat would removes central authorities from digital communication.
SoFi joins major finance players Robinhood and Republic in offering retail investors exposure to private companies.
Rally's CEO Chris Maddern will become OpenSea's CTO as a part of the acquisition.
ATOM holders will be feeling assured after Cosmos' token held firm above the $4.00 level of support.
The deal highlights the growing adoption of crowdsourced geospatial data as autonomous ride-sharing firms look for more precise, up-to-date mapping infrastructure.
Ripple shareholder Linqto has filed for bankruptcy following months of controversy around securities laws violations, with the first hearing expected on Tuesday.
Cardano's blockchain tool could revolutionize audit compliance, boosting transparency and trust across various sectors and enhancing ESG efforts.
The post Cardano Foundation unveils blockchain-based tool to simplify audit compliance and enhance financial reporting appeared first on Crypto Briefing.
Truth Social, the media platform affiliated with US President Donald Trump, has submitted a new application to the US Securities and Exchange Commission (SEC) for a spot crypto exchange-traded fund (ETF). The proposed vehicle, titled the Truth Social Crypto Blue Chip ETF, aims to provide direct exposure to a basket of leading digital assets, including […]
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Strike’s Founder talks to CoinDesk TV about founding Twenty One with Tether and SoftBank and why he sees bitcoin as “moral imperative” as much as a financial instrument.
The company introduced a new metric, ETH Concentration, that measures the number of ETH held per 1,000 diluted shares outstanding.
Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group.
The new Truth Social Crypto Blue Chip ETF would allocate 85% to bitcoin and ether, with solana, XRP and cronos rounding out the portfolio.
Ripple-SEC lawsuit could be nearing a breakthrough. The SEC is set to hold a closed-door meeting on July 10, where commissioners are expected to vote on whether to drop the appeal in the Ripple lawsuit. If the appeal is withdrawn, it could mark a major victory for Ripple and trigger a bullish breakout for XRP. …
XRP is showing mixed signals across timeframes, leaving traders on edge as the price approaches the key $2.35 level. While a recent breakout from a falling wedge on the 3-day chart suggests a bullish reversal, the 4-hour chart reveals signs of slowing momentum and a possible rising wedge. With buyers and sellers locked in a battle, $2.35 could be the tipping point that decides whether XRP surges higher or slips into a near-term correction. XRP Breaks Out Of Falling Wedge On 3-Day Chart In an X post, LSplayQ highlighted a key technical development on the XRP 3-day price chart, pointing to a breakout from a falling wedge pattern. This type of pattern is commonly associated with bullish reversals, signaling that market sentiment may be shifting in favor of the bulls. Related Reading: XRP Silent Accumulation: A Falling Wedge On The Verge Of Explosion Following the breakout, XRP is currently trading around $2.26, and according to LSplayQ, the move suggests that buyers are stepping back in to reclaim control. The price action marks a significant shift after an extended period of downward compression within the wedge. If the bullish momentum continues, LSplayQ notes that XRP could target a breakout level near $2.72, which represents an upside potential of roughly 20% from the current price. That said, LSplayQ also warns of the risk of a pullback if XRP fails to hold above the wedge breakout level. In such a scenario, the price could retest the $2.10 zone as a potential support. Overall, the technical outlook leans bullish, as long as XRP maintains its position above the breakout level. Rising Wedge Pattern Signals Caution Ahead In a post on X, The Crypto Bushman pointed out that XRP is pushing higher on the 4-hour chart, but warned that seasoned traders are keeping a close eye on what lies beneath the surface. Related Reading: XRP Price Pops and Drops — Can Bulls Regain Control? According to the analyst, the price is currently trading above both the 20- and 50-day EMAs, which typically signals short-term strength. However, the overall structure appears to be forming a rising wedge, a pattern often linked to potential reversals. At the same time, momentum is beginning to fade, with the MACD flattening and volume tapering off, which Bushman describes as classic signs of a potential trap move. The Crypto Bushman emphasized that a failure to break cleanly above $2.35 could lead to the setup rolling over. In that case, the $2.25 zone becomes a critical level to watch for a possible breakdown and shift in sentiment. On the flip side, a strong breakout backed by volume could fuel another leg up toward $2.50 if buying pressure returns decisively. Featured image from Getty Images, chart from Tradingview.com
The firm's analysts expect shareholder approval for the transaction, with no indication of delays to the closing timeline.
Robinhood’s EU tokenized equity launch draws a wave of private company interest and regulatory scrutiny.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Phantom's launch allows users to trade perps directly within the popular web3 wallet, powered by Hyperliquid's API.
Trump Media Group, the company behind Truth Social, has filed for its first crypto exchange-traded fund (ETF). The plan is to bring top digital coins like Bitcoin, Ethereum, Solana, Cronos, and Ripple under one “blue chip” fund for everyday investors. But what does this new ETF offer, and how might it change the game? A …
Metaplanet, the Japanese Bitcoin treasury firm, has revealed a bold strategy to convert its growing Bitcoin reserves into capital for acquiring profitable businesses. According to a July 8 Financial Times report, Metaplanet CEO Simon Gerovich said the company is preparing for a second phase where it can use Bitcoin as collateral to access bank financing. […]
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The firm plans to lead Series A rounds in companies building on Bitcoin with initial checks ranging from $3 million to $8 million.
Aave (AAVE) joined Uniswap (UNI) as a top performer, rising 2.5% from Monday.
The newly-created firm led by former Hut 8 CEO Jamie Leverton plans to hold a basket of cryptos, including bitcoin, ether and solana.
Pakistan has established the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee and regulate the country’s crypto sector.
Jeremie Davinci, a Bitcoin OG and well-known YouTuber who struck gold by buying BTC in its early days, has come up with a simple, achievable strategy that can help Bitcoin holders win big. Davinci took to X and revealed a disciplined approach that could unlock success for anyone navigating the volatile world of cryptocurrency. Let …