Category: Cryptocurrency

Trump Crypto Project Faces Silent Retreat

Written by Stephanie Bedard-Chateauneuf on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

The Trump crypto project is losing steam as the family quietly reduces its stake in World Liberty Financial, raising fresh doubts about its long-term vision.

Trump’s Crypto Move: A Quiet Exit Signals Uncertainty

World Liberty Financial, the flashy crypto venture tied to the Trump family, is raising eyebrows again—but not for the usual reasons. A new Forbes report published June 19 reveals that the Trump family has reduced its ownership stake from 60% to 40%, marking a sharp but stealthy shift in the controversial Trump crypto project.

The most striking part? The move happened without a press release, public filing, or even a whisper from company insiders. That’s unusual for a project that loudly promised a “financial revolution” and claimed to offer a government-friendly alternative to decentralized cryptocurrencies.

The entity overseeing this project, DT Marks DEFI LLC, is reportedly controlled by former President Donald Trump and his sons. The LLC had already sold part of its position earlier in 2025, but this latest move suggests the family is continuing to quietly distance itself from the project.

World Liberty Financial: Big Promises, Bigger Questions

Billed as a hybrid between a stablecoin and a digital dollar, World Liberty Financial launched earlier this year amid heavy marketing and strong retail demand. The company promised a regulated, centralized platform to make crypto safe for average Americans—a message that resonated with conservative-leaning investors frustrated with the perceived chaos of decentralized finance.

Despite these promises, the Trump crypto project has been dogged by concerns over transparency, regulatory scrutiny, and the lack of a clear roadmap.

Initial excitement around the token’s debut drove prices higher, but the lack of ongoing communication from leadership—especially from the Trump family—has started to erode investor confidence.

A Silent Exit Amid a Stablecoin Boom

The timing of the family’s stake reduction is curious. Stablecoins are enjoying renewed interest, with demand climbing in both U.S. and international markets. Several pro-crypto bills are advancing in Congress, and many believe the U.S. will eventually issue its own central bank digital currency (CBDC).

So why is the Trump crypto project stepping back now?

Some analysts suggest the family may be trying to lock in profits while avoiding future legal or political risks. Given Trump’s renewed campaign for the 2024 election cycle and increasing scrutiny from regulators, reducing exposure to a controversial crypto venture may be a strategic move.

Others point to the possibility that the project’s internal performance has fallen short of expectations, with fewer institutional partnerships and slower user adoption than originally forecasted.

Trump and Crypto: A Complicated History

This isn’t the first time Trump’s crypto ties have drawn attention. While in office, he famously called Bitcoin a scam and dismissed decentralized currencies. Yet in recent years, Trump has become more open to crypto, particularly if it’s centralized, regulated, and aligned with U.S. interests.

World Liberty Financial was pitched as a way to achieve just that—a uniquely “American” approach to crypto. The family’s deep involvement in the early stages added a layer of political weight and legitimacy, at least among supporters.

But with the recent reduction in ownership and growing silence from the project’s frontmen, the future of this Trump crypto project seems uncertain at best.

Final Thoughts: Should Investors Be Worried?

For retail investors still holding World Liberty tokens, the Trump family’s quiet exit may be a red flag. While a 40% stake still leaves them with significant influence, the direction of the project—and its long-term viability—are now in question.

The broader crypto market remains resilient, with major players like Coinbase (NASDAQ:COIN) and Tesla (NASDAQ:TSLA) continuing to engage with digital assets. However, speculative projects without clear backing or transparency—like this one—could face rough waters ahead.

If the Trump crypto project is indeed losing its founding champions, investors may need to reassess its future potential, especially as the political landscape heats up ahead of the 2024 election.

Featured Image: Freepik

Please See Disclaimer

KuCoin Joins BitGo Singapore’s Go Network for Off-Exchange Settlement, Reinforcing $2 Billion Trust Project

Written by CryptoCurrencyNews on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

VICTORIA, Seychelles, June 19, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange with over 41 million users, today announced its integration and exchange partnership with BitGo Singapore Pte. Ltd. (“BitGo Singapore”), a subsidiary of BitGo, Inc., through its Go Network for Off-Exchange Settlement (OES) platform. This collaboration marks another significant step in KuCoin’s $2 Billion “Trust Project” designed to strengthen platform security and institutional trust.

Through this integration, institutional clients on KuCoin can now trade without pre-funding exchange wallets. Assets remain securely held in regulated custody under BitGo Singapore, a licensed Major Payment Institution under the Monetary Authority of Singapore (MAS). This setup offers a mature and proven model of custody and execution separation, diversifying counterparty and systemic risks while enhancing operational security.

Institutional clients trading on KuCoin now benefit from a comprehensive suite of features designed to enhance security, compliance, and flexibility in the digital asset space. Clients benefit from qualified custody with insurance coverage up to $250 million, automated post-trade settlement, and full asset control with delegated trading access. KuCoin’s full suite of products—spot, margin, options, and perpetual futures—can now be accessed through Go Network, ensuring assets remain protected.

Tika Lum, Head of Institutional Business Development at KuCoin, commented:

“Security and trust are the foundation for institutional adoption. We are proud to integrate with BitGo Singapore’s Go Network. This partnership represents a critical component of our $2 Billion Trust Project and delivers a more resilient trading paradigm to institutional clients globally.“

Brett Reeves, Head of Go Network at BitGo, added:

“Partnering with KuCoin on Go Network through BitGo Singapore marks a major step forward in building a more efficient trading ecosystem. This is how digital asset trading should be—secure, compliant, and built on trust.“

As off-exchange settlement gains traction across the industry, KuCoin will continue to work with global leaders in compliance and custody to build a more secure and trustworthy digital asset trading environment.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more at: www.kucoin.com

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry’s top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world.BitGo Singapore is licensed as a Major Payment Institution by the Monetary Authority of Singapore (MAS). For more information, visit www.bitgo.com


(PRNewsfoto/KuCoin)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kucoin-joins-bitgo-singapores-go-network-for-off-exchange-settlement-reinforcing-2-billion-trust-project-302485995.html

SOURCE KuCoin

Featured Image: depositphotos @ alphababy

Disclaimer

Stablecoin Bill Boosts Coinbase Stock 16%

Written by Stephanie Bedard-Chateauneuf on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

The crypto market roared back to life this week as a key development in stablecoin regulation triggered a bullish wave across digital asset stocks. Leading the charge was Coinbase Global Inc. (NASDAQ:COIN), whose stock spiked as much as 17% to $297.44 on Wednesday following the U.S. Senate’s passage of the GENIUS Act — a landmark bill focused on the oversight of stablecoins.

While the rally slightly cooled by the session’s close, Coinbase still locked in a 16% gain, pushing its year-to-date performance into the green with a 20% overall increase. The momentum didn’t stop there: Circle, the issuer of the USDC stablecoin and a recent IPO on the New York Stock Exchange, jumped 34% during the same session.

Why Stablecoin Regulation Matters

The GENIUS Act, passed Tuesday, aims to create a clear legal framework for stablecoin regulation, addressing long-standing concerns over transparency, consumer protection, and systemic risk. Stablecoins are designed to maintain a 1:1 peg with fiat currencies like the U.S. dollar, typically backed by cash or short-term U.S. Treasurys.

The clarity provided by the new legislation is expected to encourage broader adoption, reduce regulatory uncertainty, and allow more firms to issue compliant stablecoins.

For Coinbase, this bill is particularly significant. While crypto trading remains its largest revenue stream, stablecoins rank second. Coinbase co-founded the USDC stablecoin with Circle and receives 50% of Circle’s residual revenue generated from the assets backing USDC’s circulation. That exposure makes Coinbase a major stakeholder in the evolution of stablecoin infrastructure.

Circle’s IPO Signals Wall Street’s Growing Confidence

Circle’s recent IPO made headlines as one of 2025’s largest tech market debuts. On its first trading day, Circle stock soared by a massive 238%, reflecting strong investor confidence in the future of regulated digital dollars. Although the hype has since cooled, shares are still up 120% over the past month — including a fresh 20% spike tied directly to the Senate’s decision.

Now publicly listed, Circle joins Coinbase as a major Wall Street-facing player with high exposure to stablecoins, creating a new level of legitimacy for the sector.

Meanwhile, President Biden’s administration has shown cautious optimism toward stablecoins. His family has ties to World Liberty Financial, which launched a USD-backed stablecoin (USD1) earlier this year. This adds political tailwinds to the sector’s rising profile.

JPMorgan’s Entry Confirms Stablecoin Legitimacy

Even long-time skeptics of crypto are now entering the space. JPMorgan Chase & Co. (NYSE:JPM), whose CEO Jamie Dimon has previously called cryptocurrencies “worthless,” is now testing JPMD, a blockchain-based token designed to settle institutional transactions. While not a retail stablecoin, JPMD mirrors the functionality of stablecoins and marks a shift in institutional thinking.

With top banks like JPMorgan and key players like Coinbase and Circle deepening their involvement, stablecoin regulation may soon be a cornerstone of the broader financial system.

What’s Next for Investors?

Investors eyeing the crypto space should take note: stablecoin regulation is no longer speculative — it’s policy. That changes the risk-reward profile for major crypto-linked stocks like Coinbase and Circle.

As the GENIUS Act moves to implementation, more traditional financial players are likely to follow JPMorgan’s lead, either by launching their own digital tokens or partnering with existing stablecoin providers.

The long-awaited regulatory clarity, combined with booming IPO momentum and bipartisan support, suggests that stablecoins may serve as the gateway for broader crypto adoption — both on Wall Street and Main Street.

With Coinbase (NASDAQ:COIN), Circle, and JPMorgan (NYSE:JPM) all showing significant moves tied to stablecoin news, it’s clear that this niche is evolving into a foundational part of the digital economy. For investors, keeping an eye on the stablecoin space could offer a strong edge in understanding the next wave of crypto growth.

Featured Image: Freepik

Please See Disclaimer

Crypto Scam Busted: $300K Frozen in New York

Written by Stephanie Bedard-Chateauneuf on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

New York State officials have cracked down on a major crypto scam, freezing $300,000 and recovering another $140,000 in stolen cryptocurrency. The fraudulent scheme, which targeted Russian-speaking individuals through fake social media ads, has resulted in over $1 million in losses—mostly in Brooklyn.

According to a joint statement released Wednesday by the Brooklyn District Attorney’s office, the New York State Attorney General’s office, and the Department of Financial Services (DFS), the investigation has so far identified more than 300 victims.

“This crypto investment scam preyed on vulnerable people looking to invest wisely,” said New York Attorney General Letitia James. “Our offices acted swiftly to freeze assets and protect New Yorkers. I urge everyone to be cautious when seeing crypto ads online.”

Social Media Platforms Fuel Crypto Fraud

The scammers behind this crypto investment scam used “Black Hat” advertisements on platforms like Facebook, primarily in Russian. These ads led users to fake investment websites that claimed to be licensed with New York’s BitLicense—a requirement for legitimate cryptocurrency services in the state.

Meta Platforms Inc. (NASDAQ:META), the parent company of Facebook, responded by removing over 700 misleading ads after being notified by authorities. However, the impact had already been severe, with widespread financial losses.

This incident is yet another example of how fraudsters exploit social media to distribute fake offers. The promise of high returns in crypto—paired with convincing visual designs and false endorsements—makes scams like this particularly effective.

Fake Licenses and AI-Powered Deception

One notable aspect of this crypto investment scam was the scammers’ use of a counterfeit claim: that their platform held a BitLicense, New York’s regulatory framework for crypto businesses. This added a false layer of credibility, convincing many users the investment was legitimate.

Furthermore, experts warn that artificial intelligence is playing a growing role in such scams. AI can now create deepfake videos, clone voices, and generate fake testimonials—making it harder than ever to distinguish legitimate investments from fraudulent ones.

According to a 2024 report from blockchain analytics firm Chainalysis, roughly $51 billion in illicit digital asset transactions were recorded this year alone. While ransomware-related payments dropped by 35%, crypto scams—especially those powered by AI—remain a growing threat.

Ripple and the Ripple Effect: A Broader Trend

This isn’t the first time crypto scammers have used social media to impersonate major players. Ripple CEO Brad Garlinghouse has been a frequent target, with scammers creating fake XRP airdrops using his likeness and name. Ripple’s own legal battles with the U.S. Securities and Exchange Commission (SEC) have kept it in the spotlight, making it a magnet for fraudulent impersonation.

Ripple Labs Inc. (XRP), while not publicly traded like traditional stocks, remains one of the most followed cryptocurrencies. Its visibility makes it an easy target for social engineering tactics.

How to Avoid a Crypto Investment Scam

To avoid becoming a victim of a crypto investment scam, here are a few key tips:

  • Verify licenses: Any platform claiming to be registered should be verifiable via government or regulatory websites. 
  • Avoid social media ads: Scammers often buy ad space to look legitimate—don’t click investment links from unknown sources. 
  • Use trusted exchanges: Stick to well-known platforms like Coinbase (NASDAQ:COIN) or Kraken, and avoid unfamiliar sites. 
  • Be skeptical of guarantees: No legitimate investment offers guaranteed returns in crypto. 

As crypto adoption continues to rise, so does the risk of falling prey to scams. Vigilance and education remain the best forms of defense.

If you believe you’ve been targeted by a crypto scam, report the incident to your local financial authority or the FTC immediately. Staying informed, asking questions, and verifying credentials can go a long way. As crypto markets evolve, so should our caution—and our commitment to protecting personal and financial security.

Featured Image: Freepik

Please See Disclaimer

CoinDesk Overnight Rates (CDOR) to Support Stablecoin Money Markets based on Aave

Written by CryptoCurrencyNews on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

These first-of-kind money market rates transform Aave pool activity into conventional overnight rates to support interest rate derivatives and floating rate loans.

NEW YORK, June 17, 2025 /CNW/ — CoinDesk Indices, a leading provider of digital-asset benchmarks, in collaboration with Sentora, a pioneer in institutional DeFi solutions, today announced the launch of CoinDesk Overnight Rates (CDOR), the first benchmark interest rates that draw upon Aave’s lending pools to provide standardized overnight rates for major stablecoins.


CoinDesk Indices (PRNewsfoto/CoinDesk Indices)

CDOR to Support Industry Growth

CDOR rates are designed to support markets for hedging funding costs, securing yields, and developing cross-currency rate strategies. Calculated and published daily, these rates are accessible to exchanges, market makers, protocol treasuries, and structured-product desks.

Stani Kulechov, Founder of Aave Labs says, “CDOR is a new benchmark interest rate built on Aave’s deep onchain liquidity. It provides a transparent, risk-free lending rate that unlocks new use cases for stablecoins, such as derivatives and fixed-income products, enabling more efficient, scalable, and automated financial markets.”

The first CDOR rates utilize activity on Aave v3’s Core variable borrow pools for USDC and USDT. CoinDesk Indices has released a methodology that converts this on-chain activity into a historical daily (or “overnight”) rate that can be aggregated over longer periods. These pools, whose rates react instantly to changes to supply and demand, are important facilities in decentralized finance that reflect activity of a large population of borrowers and lenders.

Andy Baehr, CFA, Head of Product and Research, CoinDesk Indices says “Stablecoins are expected to grow into the trillions, but there is no institutional-grade money market for trading and hedging term rates. CDOR rates provide a cornerstone element for the stablecoin rates markets, using the same conventions as TradFi benchmarks, which support the largest derivatives markets in the world.”

Anthony DeMartino, CEO, Sentora says, “Sentora’s mission is to make on-chain finance as efficient as traditional finance. With CDOR rates you can switch from floating to fixed funding, or speculate on the curve, in a single, capital-efficient trade; a crucial building block that’s been missing for years. These rates will enable new DeFi use cases and Sentora is happy to support the evolution of capital markets on-chain.”

Liquidity Providers Signal Support for CDOR

Exchange-traded futures contracts, currently under development, will settle against CDOR rates and will provide market participants with new and powerful tools for risk management and strategy implementation. Galaxy, FalconX, Flowdesk and Tyr Capital will act as founding market makers.

Ed Hindi, CIO, Tyr Capital says, “CDOR rates enable the creation of a broad range of financial derivatives that are currently missing in the crypto financial ecosystem. This addition alongside a clearer regulatory environment should exponentially increase the interaction of institutional players with DeFi. The ability to efficiently manage interest rate risk is a game changer for the CeDeFi markets. Tyr Capital is thrilled to be more widely involved in making the TradFi and crypto relationship more symbiotic.”

Jason Urban, Global Head of Trading at Galaxy says, “With CDOR rates, the market gains a powerful rate signal that reflects real-time borrower demand and enables smart, scalable trading strategies. It’s a meaningful step in bridging DeFi and traditional finance, making stablecoin markets more accessible and actionable for sophisticated investors.”

Joshua Lim, Global Co-Head of Markets, FalconX says, “We are pleased to partner with CoinDesk Indices and Sentora on their CDOR product suite. The next phase of growth in crypto will be driven by convergence of CeFi and DeFi capital markets.”

Reed Werbitt, US CEO, Flowdesk says, “The introduction of CDOR will enable broader institutional adoption and participation in crypto credit markets, enhancing capital efficiency and risk management across our trading strategies. The ability to mitigate interest rate risk is a critical foundation of a functioning capital market, and we’re excited to be working with Sentora to bring this product to fruition.”

By turning on-chain market activity into standardized interest rates, CDOR lays the groundwork for exchange-traded money-market futures and other rate-based derivatives.

For additional information on CDOR please visit https://sentora.com/cdor-stablecoin-rate.

View the CoinDesk Overnight Rates (CDOR) – Aave | USDC and Aave | USDT.

About CoinDesk Indices

Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally. A portfolio company of the Bullish Group, its indices form the foundation of the world’s largest digital asset products. CoinDesk Indices is regulated in the UK by the Financial Conduct Authority and offers products across multi-asset indices, reference rates, and strategies. Flagships such as the CoinDesk Bitcoin Price Index and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. With tens of billions of dollars in benchmarked assets, CoinDesk Indices is a trusted partner.

About Sentora

Sentora, born from the recent merger between DeFi technology specialist IntoTheBlock and financial solutions provider Trident Digital, is a leader in developing institutional-grade DeFi solutions, yield strategies and risk-management infrastructure. Sentora’s solutions connect leading digital asset firms and large capital allocators to the advantages of decentralized finance.

About Aave Protocol

Aave is the leading decentralized, non-custodial liquidity protocol, with over $40 billion in total value locked (TVL). It allows users to earn yield on deposits and borrow a wide range of digital assets without intermediaries. Core features include risk management tools such as supply and borrow caps, flash loans, and GHO — a decentralized, overcollateralized stablecoin native to the protocol. Aave is fully governed by the Aave Decentralized Autonomous Organization (DAO). Learn more or participate in governance at https://governance.aave.com.

Disclaimer

CoinDesk is a portfolio company of the Bullish Group. CoinDesk Indices, Inc., including CC Data Limited, its affiliate which performs certain outsourced administration and calculation services on its behalf (collectively, “CoinDesk Indices”), does not sponsor, endorse, sell, promote, or manage any investment offered by any third party that seeks to provide an investment return based on the performance of any index. CoinDesk Indices is neither an investment adviser nor a commodity trading advisor and makes no representation regarding the advisability of making an investment linked to any CoinDesk Indices index. CoinDesk Indices does not act as a fiduciary. A decision to invest in any asset linked to a CoinDesk Indices index should not be made in reliance on any of the statements set forth in this document or elsewhere by CoinDesk Indices. All content displayed here or otherwise used in connection with any CoinDesk Indices index (the “Content”) is owned by CoinDesk Indices and/or its third-party data providers and licensors, unless stated otherwise by CoinDesk Indices. CoinDesk Indices does not guarantee the accuracy, completeness, timeliness, adequacy, validity, or availability of any of the Content. CoinDesk Indices is not responsible for any errors or omissions, regardless of the cause, in the results obtained from the use of any of the Content. CoinDesk Indices does not assume any obligation to update the Content following publication in any form or format. © 2025 CoinDesk Indices, Inc. All rights reserved.

Forward-Looking Statements: This press release may include “forward-looking statements” relating to future events or the Bullish Group’s future financial or operating performance, business strategy, and potential market opportunity. Such forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Bullish Group, are inherently uncertain and are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. You should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made, and the Bullish Group undertakes no duty to update these forward-looking statements.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/coindesk-overnight-rates-cdor-to-support-stablecoin-money-markets-based-on-aave-302483554.html

SOURCE CoinDesk Indices

Featured Image: depositphotos @ Violka08

Disclaimer

Top 4 Best Cheap Crypto to Buy Right Now

Written by Stephanie Bedard-Chateauneuf on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

The search for the best cheap crypto to buy has never been more intense. With Bitcoin dominance surging and over $33 billion in stablecoin liquidity waiting on the sidelines, savvy investors are turning their attention to promising crypto presales backed by solid fundamentals and strong tokenomics.

According to Ian Balina, CEO of Token Metrics, the best way to identify potential 100x tokens is to focus on quality, tokenomics, and valuation. In that spirit, here are four standout projects that combine utility, early-stage access, and strong investor demand.

1. Solaxy (SOLX): A Layer-2 Solution Scaling Solana

Solaxy is rapidly gaining recognition as the best cheap crypto to buy for investors seeking real infrastructure value. Built as a Layer-2 protocol on the Solana blockchain, Solaxy tackles congestion issues head-on with rollup technology that processes transactions off-chain and settles them in batches.

Solana’s network (SOL-USD) often slows during major events—but Solaxy’s testnet has already shown it can scale throughput dramatically. With $53.8 million raised in its presale, investor interest is clearly strong.

The SOLX token offers up to 78% APY for stakers and will power an entire ecosystem, including its own decentralized exchange (DEX) and token launchpad. With a product already in testing and deep integration into Solana’s architecture, Solaxy is not just a presale—it’s a foundational piece of crypto’s next evolution.

2. BTC Bull Token ($BTCBULL): Meme Hype with Bitcoin Utility

BTC Bull Token is redefining what a meme coin can be. Unlike most hype-driven tokens, this one ties its value directly to Bitcoin (CRYPTO:BTC). As BTC reaches key price milestones like $125K or $250K, BTC Bull Token will distribute Bitcoin airdrops and implement token burns to reduce supply.

That structure creates a powerful feedback loop of demand, reward, and scarcity. The project has already raised $7.2 million and staking offers a 56% APY—great for those looking for passive income.

With exchange listings coming soon and a model aligned with Bitcoin’s upward trajectory, BTC Bull Token stands out as one of the best cheap cryptos to buy for bullish BTC believers.

3. Best Wallet ($BEST): All-in-One Crypto Super App

Best Wallet is emerging as a decentralized answer to central bank digital currencies. This privacy-first, non-custodial wallet supports 60+ blockchains and offers integrated swaps, staking, and portfolio tracking.

The upcoming Best Card, a crypto debit card, will allow seamless spending of digital assets. The real opportunity lies in the $BEST token, currently in presale. It unlocks lower platform fees, governance voting rights, and early access to new launches.

At just $0.025195 now and a projected year-end value of $0.072, the upside is clear. With real utility and growing user demand, Best Wallet could become a staple of the Web3 ecosystem.

4. SUBBD ($SUBBD): A New Model for the Creator Economy

SUBBD is targeting one of the most lucrative niches in tech: the creator economy. By allowing influencers to mint their own tokens and build monetized fan communities, SUBBD bypasses centralized platforms like YouTube and Patreon.

The $SUBBD token fuels this new ecosystem. Fans use it to access exclusive content, vote on creator decisions, and participate in private groups. That engagement creates built-in demand, and because the product is already live, it offers real-world functionality—not just theoretical value.

SUBBD’s low-volatility model and growing user base make it one of the best cheap cryptos to buy for those looking to tap into a booming creator-led movement.

Why These Are the Best Cheap Cryptos to Buy Now

What makes these projects stand out isn’t just hype—it’s their alignment with real-world use cases, investor incentives, and macro trends. Solaxy tackles scalability, BTC Bull Token rewards Bitcoin loyalty, Best Wallet protects privacy, and SUBBD empowers creators.

In a market defined by rising institutional interest and expanding liquidity, these presale tokens offer something rare: early access to next-generation solutions at deep discounts.

For investors seeking the best cheap crypto to buy today, these four names could represent 100x opportunities—not just speculative trades.

Coinbase Pushes for SEC Approval on Tokenized Equities

Written by Stephanie Bedard-Chateauneuf on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

Coinbase (NASDAQ:COIN) is making a bold move that could reshape the future of stock trading in the United States. The crypto exchange is seeking approval from the U.S. Securities and Exchange Commission (SEC) to offer tokenized equities—digital representations of stocks issued and traded on the blockchain.

If the SEC greenlights the request, Coinbase would be able to launch a platform where users can trade these tokenized versions of traditional equities. This would put Coinbase in direct competition with major brokerages like Robinhood (NASDAQ:HOOD) and Charles Schwab (NYSE:SCHW) while marking a major leap in the integration of traditional finance with blockchain innovation.

What Are Tokenized Equities?

Tokenized equities are essentially digital tokens that represent ownership in a company’s stock. Rather than holding shares in the conventional way through a brokerage, investors would hold blockchain-based tokens that track the value and performance of the underlying equity.

This format offers a range of potential benefits:

  • Lower trading costs 
  • Near-instant settlement 
  • 24/7 access to markets 

According to Coinbase Chief Legal Officer Paul Grewal, this technology represents a “huge priority” for the company’s future strategy.

Regulatory Roadblocks and the SEC’s Role

Despite the potential, tokenized equities currently face regulatory hurdles in the U.S. Under current law, companies offering securities must be registered broker-dealers. Coinbase’s bid to offer these new products hinges on receiving either a no-action letter or exemptive relief from the SEC.

A no-action letter would indicate that the SEC staff does not intend to pursue enforcement if Coinbase launches its tokenized equity offering. However, Grewal did not confirm whether Coinbase has officially submitted such a request.

Coinbase’s move comes after a rocky regulatory past. The SEC, under the Biden administration, sued the company in 2023 for allegedly operating as an unregistered securities exchange. That lawsuit was dropped this year under the Trump administration, which has since adopted a more crypto-friendly stance. The administration has also formed a crypto task force focused on developing clearer rules for digital assets.

Competition and the Global Race

Coinbase is not alone in this space. Rival exchange Kraken recently announced it would offer tokenized U.S. equities—branded as xStocks—in select markets outside the U.S. Other firms globally are experimenting with similar models, particularly in jurisdictions with more defined digital asset frameworks.

Still, the U.S. market remains the holy grail. If Coinbase successfully navigates regulatory challenges, it would be the first to bring tokenized equities to American investors at scale—potentially unlocking a huge new business segment.

Key Challenges for Tokenized Equity Adoption

While the technology is promising, critics argue that several key barriers remain:

  • Lack of liquidity in secondary markets 
  • Unclear global standards for tokenized assets 
  • Investor protection and transparency concerns 

A recent report by the World Economic Forum highlighted these challenges, warning that despite the hype, tokenized stocks may face a slow path to mainstream adoption without unified regulatory standards and robust trading infrastructure.

The Bigger Picture: Politics, Crypto, and Wall Street

The timing of Coinbase’s push is not accidental. Former President Donald Trump has made crypto a central talking point of his 2024 campaign, attracting donations from industry leaders and promising regulatory reform. Bitcoin (BTC-USD) and other digital assets have surged in response to this friendlier political climate.

By aligning itself with this momentum, Coinbase is seizing a strategic opportunity to expand beyond crypto trading and into tokenized financial services. If successful, the tokenized equities move could transform Coinbase from a crypto exchange into a full-service financial platform built on blockchain rails.

Final Thoughts: A Tipping Point for Tokenized Finance?

The introduction of tokenized equities in the U.S. would be a game-changer, offering investors new ways to engage with traditional markets through blockchain technology. Whether the SEC grants Coinbase the necessary approvals remains to be seen, but the implications are massive.

If approved, Coinbase could become the first major U.S. platform to offer blockchain-based stock trading—blurring the lines between Wall Street and Web3.

Featured Image: Freepik

Please See Disclaimer

Bybit & Block Scholes: ETH-BTC volatility hits five-year high as ETH plays catch-up

Written by CryptoCurrencyNews on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

DUBAI, UAE, June 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released a new options volatility report in collaboration with Block Scholes. The report shows a historic volatility divergence between Ethereum (ETH) and Bitcoin (BTC) during May 2025.

Key Highlights:

  • In May 2025, ETH options exhibited historically high volatility premiums over BTC, driven by ETH’s elevated realized volatility during a major price rally.
  • The ETH-to-BTC implied volatility ratio for short-dated options surged past 2x — reaching a nearly five-year high.
  • BTC’s realized volatility fell below a long-standing 35% floor, breaking a 19-month trend.
  • ETH’s volatility term structure showed persistent inversion, with shorter-dated options pricing higher volatility than longer-dated ones.
  • The implied volatility divergence coincided with ETH’s outperformance, which included a 23% intraday rally amid key market events.

ETH-to-BTC Implied Volatility Expands to Five-Year High

Figure 1. BTC (green) and ETH (pink) at-the-money options’ implied volatility at the 30-day tenor. Source: Block Scholes

In May 2025, a notable dislocation in implied volatility emerged between ETH and BTC options. Implied volatility reflects market expectations for future price movement over an option’s lifespan. At the start of the month, the ETH-to-BTC implied volatility ratio for 7-day options hovered around 1.5 — indicating that ETH options were priced with 50% higher expected volatility than BTC options.

By May 16, the ratio climbed above 2x, reaching a peak not seen since 2020, as BTC’s implied volatility declined to its lowest levels since October 2023. This drop in BTC volatility broke below the 35% floor that had held for over 19 months, while ETH’s short-tenor implied volatility remained elevated, though slightly below its May 10 high. The volatility spread was particularly pronounced in the 30-day tenor, reaching its widest point since mid-2022.

Realized Volatility Trends Underscore the Divergence

The sharp divergence in implied volatility was reinforced by trends in realized volatility — a measure of actual historical price movement. In May, ETH’s realized volatility significantly outpaced BTC’s across various tenors, fueling expectations for continued dispersion between the two assets.

On May 15, the 7-day realized volatility ratio between ETH and BTC peaked, closely followed by the implied volatility ratio — suggesting market participants expected ETH’s higher volatility to persist. This trend is not new: the ETH-BTC volatility ratio has been climbing steadily since July 2024, amid both bull runs and periods of market stress.

ETH’s standout performance in May was catalyzed by several factors, including positive US-UK trade news. ETH surged more than 23% on May 8 alone and continued to outperform BTC, which gained approximately 10% during the same period. Despite this momentum, ETH remained over 50% below its January 2025 peak and its all-time high.

#Bybit / #TheCryptoArk / #BybitReport

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Bybit Logo

Photo – https://megastockalert.com/wp-content/uploads/2025/06/1-1.jpg
Logo – https://megastockalert.com/wp-content/uploads/2025/03/Logo-1.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/bybit–block-scholes-ethbtc-volatility-hits-fiveyear-high-as-eth-plays-catchup-302483570.html

Featured Image: depositphotos @ sdecoret

Disclaimer

Tron Reverse Merger Sends SRM Stock Soaring

Written by Stephanie Bedard-Chateauneuf on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

Justin Sun’s Tron reverse merger strategy is making waves across the crypto and stock markets. On Monday, Nasdaq-listed SRM Entertainment (NASDAQ:SRM) announced it had reached a landmark agreement with the blockchain platform Tron, triggering a massive rally in SRM stock.

This deal is no ordinary partnership—it involves a $100 million equity investment, a name change to Tron Inc., and the appointment of Justin Sun as a strategic adviser. If completed, this reverse merger could give Tron an indirect path to going public in the United States—a rare feat for a crypto firm in today’s regulatory climate.

What Is a Reverse Merger—and Why Is Tron Using One?

A reverse merger allows a private company to become publicly traded by merging with an already listed company, bypassing the traditional IPO process. In this case, Tron’s reverse merger with SRM Entertainment may enable it to list on the Nasdaq without enduring the scrutiny and timeline of a standard public offering.

According to SRM’s statement, a private investor is set to inject $100 million into the company, with that value potentially rising to $210 million if warrants are exercised. While the investor was not named, the Financial Times reports that the capital is expected to come directly from Tron itself.

Tron Inc. and SRM: What Happens Next?

Once the deal is finalized, SRM will reportedly be renamed Tron Inc., with Sun stepping in as an adviser. The current leadership structure and ownership details, however, remain unclear. SRM did not disclose whether Tron’s investment would lead to a change in control or management direction.

The move marks a striking pivot for SRM, a company previously focused on producing toys and souvenirs for theme parks. Its stock surged more than 300% on Monday, rising from $1.45 to a high of $6.70, reflecting investor excitement over the crypto collaboration.

Political Ties and Controversy Cloud the Deal

The Tron reverse merger is not without controversy. The deal was arranged by Dominari Securities, a boutique investment bank owned by Dominari Holdings, which recently welcomed Donald Trump Jr. and Eric Trump to its board. The Trump family’s growing presence in crypto-related ventures has sparked concern among political watchdogs and ethics experts.

Adding to the scrutiny, Justin Sun faces ongoing legal battles with the U.S. Securities and Exchange Commission (SEC). In 2023, the SEC filed a civil fraud lawsuit against him, which has since been paused. Sun is also a major investor in Trump’s World Liberty Financial, where he increased his stake to $75 million earlier this year.

Tron’s USD1 stablecoin is now listed on the World Liberty platform—raising questions about overlapping interests and the potential for conflicts of interest, particularly given Trump’s financial ties to the venture.

Crypto Meets Wall Street: A New Era or Red Flag?

If approved, the Tron reverse merger would mark one of the most high-profile cases of a blockchain platform entering U.S. public markets. For investors, it presents both opportunity and risk: the allure of crypto innovation versus the uncertainty of legal and political entanglements.

Critics worry that the deal may invite further regulatory scrutiny, especially as the SEC continues its crackdown on crypto firms. Supporters argue that going public could increase transparency and give retail investors access to a leading blockchain ecosystem.

Should Investors Watch SRM or Tron Now?

With SRM shares tripling in value after the announcement, momentum traders are already circling. But investors should approach cautiously. While the Tron reverse merger adds excitement to the stock, the details are still murky, and the legal issues surrounding Sun have not been resolved.

Nonetheless, if Tron succeeds in going public via SRM, it could open the door for other crypto firms to follow a similar path—especially as they face mounting resistance from regulators in traditional IPO routes.

For now, both Tron and SRM Entertainment (NASDAQ:SRM) are firmly on the watchlist.

Featured Image: Freepik

Please See Disclaimer

Trump Media Bitcoin ETF Faces Big Competition

Written by Stephanie Bedard-Chateauneuf on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

Trump Media bitcoin ETF plans are making headlines again as Trump Media & Technology Group (NASDAQ:DJT) filed a proposal to launch a new exchange-traded fund investing in both bitcoin and ethereum. This move marks the company’s second crypto ETF filing in just two weeks, signaling a serious push into digital asset markets.

The latest filing with the U.S. Securities and Exchange Commission (SEC) outlines the proposed Truth Social Bitcoin & Ethereum ETF, a fund that would combine exposure to the two largest cryptocurrencies by market cap.

Why Is Trump Media Entering the Crypto ETF Market?

The Trump Media bitcoin ETF venture appears to be a bold attempt to capitalize on the growing mainstream adoption of cryptocurrencies. With high-profile players like BlackRock (NYSE:BLK) and Fidelity already dominating the market, entering the ETF race this late is undeniably risky.

Yet Trump Media is betting that its political and brand alignment — especially with the pro-crypto sentiment among Donald Trump supporters — could attract a unique investor base that traditional Wall Street firms don’t reach.

ETF analyst Bryan Armour of Morningstar noted, “The only way to stand out will be through fees or brand.” That could give Trump Media an edge if it markets directly to retail investors who already engage with the Truth Social platform or view Trump as a cryptocurrency advocate.

Bitcoin and Ethereum Allocation: What We Know

The filing, submitted under the issuer name Yorkville America Digital, indicates an initial allocation strategy of three bitcoins for every one ethereum. While most cryptocurrency ETFs focus on a single asset, combining the top two coins is a way to broaden appeal and potentially reduce volatility.

However, the proposed Trump Media bitcoin ETF hasn’t disclosed its fee structure — a crucial factor for investor decision-making. Competing products like BlackRock’s iShares Bitcoin ETF, which now holds $72.5 billion in assets, boast low expense ratios around 0.12%. Trump Media will likely need to match or beat that to attract institutional flows.

Challenges Ahead for Trump Media’s Crypto ETF

Despite the bold ambition, the path to success won’t be easy. Crypto ETF markets are already saturated with established offerings. From Grayscale (GBTC) to Bitwise, numerous products already give investors exposure to bitcoin, ethereum, or both.

As Sui Chung, CEO of CF Benchmarks, explained, “There is little that is different about this new venture other than the way it could be marketed.” That branding angle may turn out to be the ETF’s most important asset.

Much like fans of Apple (NASDAQ:AAPL) buy the stock out of brand loyalty, Trump supporters who use Truth Social may invest in the Trump Media bitcoin ETF more for ideological or emotional reasons than performance or cost efficiency.

Still, a successful launch would require SEC approval, effective fund management, and the ability to scale assets quickly. Without these, even the strongest brand might struggle to survive in the crowded ETF landscape.

Will Trump’s Political Clout Help the ETF Succeed?

Donald Trump has become increasingly vocal in his support of cryptocurrency, pledging to protect bitcoin mining and opposing the development of a central bank digital currency (CBDC). That political positioning could make Truth Social ETFs an appealing investment vehicle for retail traders seeking alignment with broader pro-crypto ideologies.

In short, the Trump Media bitcoin ETF may become more of a political and cultural statement than a traditional financial instrument. That alone might be enough to carve out a niche, even in a saturated market.

Bottom Line: Should You Watch DJT Stock Now?

The launch of the Trump Media bitcoin ETF is still uncertain, pending regulatory approval. But if greenlit, it could attract a passionate base of retail investors and add to Trump Media & Technology Group’s (NASDAQ:DJT) overall market profile.

While it’s too early to know how successful the ETF will be, its unique blend of crypto exposure, political branding, and social media influence makes it one to watch — especially as Trump’s influence grows in the 2024 election cycle.

Featured Image: Freepik

Please See Disclaimer

Compare