The post Breaking: President Donald Trump’s Truth Social Files for Spot BTC ETF appeared first on Coinpedia Fintech News Truth Social, a social media platform backed by the United States President Donald Trump, has filed for a spot Bitcoin (BTC) exchange-traded fund (ETF) with the U.S. SEC. According to a recent SEC filing, the Truth Social seeks to list and trade shares of the Truth Social Bitcoin ETF on the NYSE Arca Exchange. The Truth Social Bitcoin ETF will be managed by Foris DAX Trust Company, LLC, whereby investors will only be allowed cash settlement. The filing of the Truth Social Bitcoin ETF follows a recent move by the Trump Media and Technology Group to raise $2.5B to implement a Bitcoin treasury management plan. Truth Social Affirms High Bitcoin Demand from Institutional Investors The filing of the Truth Social Bitcoin ETF aligns with the cryptocurrency agenda of the U.S. President Donald Trump. Furthermore, the Trump Organization and the Official Trump Meme ($TRUMP) have played a crucial role in the mainstream adoption of digital assets. The overall demand for Bitcoin by institutional investors as a hedge against inflation and macroeconomic uncertainty remains high. According to market data analysis from BitcoinTreasuries , 223 entities now hold more than 3.39 million BTCs as part of their treasury management strategy. Is BTC Price Ready to Moon? As Coinpedia reported , the rising demand for Bitcoin from institutional investors has helped increase bullish sentiment. The recent weekly rebound from a crucial support/resistance level around $104k is a clear indication that BTC price is preparing for a fresh rally towards a new all-time high. However, a consistent close below $103,336 in the coming days will further delay an anticipated parabolic rally.
Experts at a private luncheon emphasize the urgent need for preparedness against the looming quantum computing threat to Bitcoin’s security. Quantum computing advancements could enable attackers to reverse-engineer private keys,
At a private luncheon, experts advocated for “preparedness,” not “denial,” to overcome the quantum computing threat.
Donald Trump’s Truth Social platform is making a notable entrance into the cryptocurrency market with the filing of a new Bitcoin exchange-traded fund (ETF) proposal. The Truth Social Bitcoin ETF
Binance Coin (BNB) has risen by 12.1% over the past month, holding strong at $666.65 despite the recent market pullback triggered by rising U.S.-China trade tensions. Launched as a faster and more cost-effective alternative to Ethereum, the BNB Chain aims to deliver a streamlined smart contract experience for developers and users alike. However, this project is still rather small in terms of ecosystem value. According to DeFi Llama, its total value locked (TVL) in USD currently sits at $6.2 billion – just a tenth of Ethereum’s TVL. Meanwhile, only 3 decentralized apps built on the BNB Chain have a TVL that exceeds $1 billion compared to 22 on Ethereum. BNB Coin Price Prediction: Ethereum Dominates in Terms of Decentralization Decentralization may be the most relevant factor that has given Ethereum an edge over Binance’s blockchain. The Ethereum Virtual Machine (EVM) runs on thousands of independent nodes spread across the world. This guarantees that the blockchain will continue to run, even if the Ethereum Foundation experiences issues. In contrast, the BNB Chain has only 255 active nodes, most of which are based in the United States. This makes the network more susceptible to 51% attacks. In addition, the crypto community believes that Binance owns and operates many of these nodes. Hence, the operational continuity of the BNB Chain has been questioned as issues with Binance, the exchange, could jeopardize the network’s operations. Although the BNB Chain may not beat Ethereum as the largest smart contracts blockchain in the near future, that does not necessarily favor a bearish BNB Coin price prediction. Looking at the daily chart, BNB Coin could rise to $830 if it breaks above the $695 level. An ascending price channel has formed as a result of the latest price action. This is a bullish pattern that favors an imminent bullish breakout of this temporary ceiling. The price has once again found support at the triangle’s lower bound, emphasizing its relevance to market participants. After this brief period of consolidation, BNB Coin may be gearing up for some strong gains if a bullish breakout occurs. In the meantime, storing your crypto assets safely is key to profit from your investments as the market recovers. One of the best presales of the year , Best Wallet (BEST), offers attractive perks to early buyers who adopt its crypto wallet. Best Wallet (BEST) Nears $13M Raised to Launch its Web3 Storage Solution Best Wallet (BEST) aims to compete with top wallets like MetaMask and Phantom and gain market share by introducing innovative features that will help users make the most out of their crypto investments. This wallet supports assets in more than 60 different blockchains and will offer low fees for swap through the use of the $BEST token. In addition, a tool called Upcoming Tokens will allow investors to identify the best crypto presales while they are still flying below the market’s radar. As the wallet becomes widely adopted by the crypto community, the price of $BEST will skyrocket as it will provide users with fee discounts and early access to new features. To buy $BEST at its presale price, head to the Best Wallet website and connect your wallet (e.g. Best Wallet ). You can either swap USDT or ETH or use a bank card to invest. The post Can Binance Coin Flip Ethereum or XRP? BNB Price Prediction appeared first on Cryptonews .
BlackRock's $50 million Ethereum buy is a sign of corporate crypto surge
United States Securities and Exchange Commission (SEC) head Paul Atkins slammed the agency’s past regulation-by-enforcement approach to the digital asset industry, claiming that it “inhibited innovation” and invited “fraud” in a June 3 Senate testimony. Atkins Doubles Down On Crypto Approach Speaking before the United States Senate Appropriations Subcommittee on Financial Services and General Government, Atkins doubled down on the SEC’s new regulatory strategy toward the blockchain sector. BREAKING SEC Chairman Paul Atkins says his top priority is a clear, rational crypto regulatory framework —….. especially around custody & $XRP Clarity is coming. pic.twitter.com/30eyZLdwEg — 𝕏aif | (@Xaif_Crypto) June 3, 2025 “The Commission will utilize its existing authorities to set fit-for-purpose standards for market participants,” said Atkins . “The Commission’s enforcement approach will return to Congress’ original intent, which is to police violations of these established obligations, particularly as they relate to fraud and manipulation.” The newly-appointed SEC chair also praised the creation of the agency’s Crypto Task Force, a digital asset working group spearheaded by Commissioner Hester Peirce in order to develop a crypto regulatory framework in line with the wants of Americans associated with the sector. “For too long, the Commission has been hindered by policymaking silos,” Atkins said. “The Crypto Task Force exemplifies how our policy divisions can come together to expeditiously provide long-needed clarity and certainty to the American public. “I am confident that Commissioner Peirce, known for her principled and tireless advocacy for common-sense policy, is the right person to lead the Crypto Task Force’s effort to come up with a rational regulatory framework for crypto asset markets,” he added. Trump Shift U.S. Regulatory Landscape Atkins’ remarks come amid sweeping regulatory changes to the crypto sector amid President Donald Trump’s second term as U.S. president. Trump, who largely ran on a pro-crypto stance, has drawn both criticism and praise for his affiliation with the digital asset industry while leading from the Oval Office. Just last month, Trump hosted the top 220 investors of his namesake meme coin, $TRUMP, to his golf club just outside of Washington D.C. for a gala dinner – drawing ire from his political opponents. “The American people deserve the unwavering assurance that access to the presidency is not being offered for sale to the highest bidder in exchange for the President’s own financial gain,” Senators Elizabeth Warren and Adam Schiff said in a recent letter. The post SEC Chair Paul Atkins Slams Regulation-By-Enforcement, Praises Crypto Task Force At Senate Hearing appeared first on Cryptonews .
Trump Media & Technology Group is advancing its foray into cryptocurrency by planning to launch a spot Bitcoin ETF in the U.S., marking a significant development in the crypto investment
Chris Toomey warns of market risks not fully priced in due to tariffs. Experts cite foreign trade policies and macroeconomic challenges as risk factors. Continue Reading: Chris Toomey Signals Potential Hidden Risks in Market Due to Tariffs The post Chris Toomey Signals Potential Hidden Risks in Market Due to Tariffs appeared first on COINTURK NEWS .
US Senator Cynthia Lummis has revealed that some American military leaders advocate for a national Bitcoin reserve as a strategic asset amid escalating economic tensions with China. This proposal reflects