Anchorage Digital has unveiled Porto, a cutting-edge institutional self-custody wallet integrated with Derive’s on-chain options platform, marking a pivotal advancement in secure DeFi trading for institutional investors. This integration is
The series’ website issued a notice in May warning of a “fraudulent cryptocurrency scheme” using its branding to lure investors.
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has confidentially filed for an initial public offering (IPO), signaling a pivotal moment in the crypto industry. This strategic move aims
Willy Woo predicts a significant Bitcoin value rise over the next 20 years. Bitcoin could potentially replace gold, reaching 188 times its current value. Continue Reading: Willy Woo Predicts Bitcoin’s Dramatic Upsurge Over the Next Two Decades The post Willy Woo Predicts Bitcoin’s Dramatic Upsurge Over the Next Two Decades appeared first on COINTURK NEWS .
Gemini’s November 2021 fundraise of $400 million valued the exchange at $7.1 billion, though it has had challenges since.
Arctic Pablo Coin emerges as a standout opportunity in the crypto market, combining innovative deflationary tokenomics with a compelling presale phase that promises significant returns. Alongside Arctic Pablo Coin’s rapid
Solana-based memecoin platform Pump.fun plans to share a portion of its protocol revenues with token holders via the upcoming PUMP token. According to two sources close to the matter, the platform aims to raise funds through a $1 billion initial coin offering (ICO). It is not yet clear how much of Pump.fun’s revenues will be channeled into the PUMP token through its “buyback-supported benefit structure.” It is also unclear whether this model will include revenues from the decentralized exchange PumpSwap, which launched earlier this year. The platform did not respond to requests for comment on the matter. Pump.fun’s daily revenue peaked at over $7 million on Jan. 23. However, that figure has gradually declined to around $1 million per day. The platform has generated a total revenue of around $677 million since its launch in early 2024, making it one of the most profitable startups in the crypto space. “Some details are still subject to change, but the idea is to tie a portion of the platform’s revenues to a buyback mechanism,” a source close to the founding team said in a statement. The same source added that the tokens are planned to be fully opened during the TGE (Token Generation Event) for investors participating in both the private and public sale. Related News: Big Bull Michael Saylor's Company Strategy Shares New Bitcoin Purchase Move Pump.fun first announced its token project last October. At the time, an anonymous founder said at an X Spaces event, “We plan to launch a token in the future and reward our earliest users.” The PUMP token is expected to be sold to both private and public investors. According to sources, the total supply will be limited to 1 trillion tokens and the tokens will be fully opened in the first stage. The unit price of the token has been set at $0.004 for private investors and the public offering is planned to be held in two weeks. It is also among the information that a part of the token sale will take place on major exchanges such as Binance and an airdrop will be organized. According to a source, around 25% of the token supply will be allocated for public sale and 10% for airdrop. *This is not investment advice. Continue Reading: BREAKING: Details of the Buyback and Revenue Model for Token Holders in One of the Largest Airdrops in History Have Been Revealed
TRUMP: ‘VERY FAR ADVANCED’ ON CHINA DEAL AHEAD OF MONDAY TALKS
Senator Josh Hawley is opposing party lines by voting against an upcoming stablecoin bill endorsed by the White House. According to a New York Times report , the Missouri Republican Senator is saying “no” to the upcoming GENIUS Act. “It’s a huge giveaway to Big Tech. It allows these tech companies to issue stablecoins without any kind of controls. I don’t see why we would do that.” According to the Times report, the GENIUS Act could potentially upend the credit card industry and benefit both Trump and Musk, who are currently publicly feuding . Hawley is pushing for amendments to the bill that would curtail Big Tech’s involvement. GENIUS is an acronym meaning “Guiding and Establishing National Innovation for US Stablecoins”. The bill purports to seek to improve consumer protection, transparency, marketing restrictions and regulatory oversight for the burgeoning stablecoin market, estimated to be worth $250 billion. Yesterday, the second-biggest player in the US-dollar pegged stablecoin space, Circle, issuer of USDC, launched its initial public offering, or IPO. “Circle is now officially a public company, listed on the NYSE under CRCL.” In its New York Stock Exchange (NYSE) debut, Circle saw an opening price of $69 per share, up by 168.48% from the IPO price of $31 per share. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/laskoart/Vladimir Sazonov The post Republican Senator Josh Hawley Breaks With Party Lines, Opposes Upcoming GENIUS Act: Report appeared first on The Daily Hodl .
Dogecoin took a hard hit this week as tensions flared between Elon Musk and US President Donald Trump. Prices slid sharply, and red numbers dominated the market. Traders who had been riding the hype found themselves on the losing end. It was a week many will remember for how politics and memes intersected in unexpected ways. Related Reading: $500M Bet On Solana: Education Platform Aims To Supercharge Its Treasury Musk And Trump Clash According to public posts, Elon Musk officially left the Department of Government Efficiency (DOGE) on Thursday. That move came after he criticized Trump’s spending bill. He had been co-leading that department since late 2024. Their back-and-forth heated up after Trump said he was “very disappointed” in Musk. 🚨TRUMP: “I’m very disappointed with Elon. I’ve helped him a lot. He knew the inner workings of the bill better than anybody sitting here. He had no problem with it. All of a sudden he had a problem & he only developed the problem when he found out we’re going to cut EV mandate” pic.twitter.com/aeCcmCAODQ — DogeDesigner (@cb_doge) June 5, 2025 In response, Musk claimed Trump would not have won the election without his support. Then Trump called Musk “CRAZY” and threatened to cancel Tesla and SpaceX contracts. Musk fired back on X with, “Go ahead, make my day.” He even warned he might decommission SpaceX’s Dragon spacecraft. Musk Mentions Epstein Documents Based on posts on X, Musk also said that files about Jeffrey Epstein’s case have stayed secret because Trump’s name appears in them. That claim added another layer to the feud. It wasn’t just about spending anymore. Now there was an allegation tying the US President to sealed Epstein investigations. Trump replied that he would pull any contracts with Musk’s companies. Time to drop the really big bomb:@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT! — Elon Musk (@elonmusk) June 5, 2025 Dogecoin Price Plunge Based on reports, Dogecoin fell about 11% on Thursday alone. Over the past week, it was down 16% from its recent highs. Traders pointed to Musk’s political exit as a key factor. Many still see Dogecoin as “the people’s crypto” because of Musk’s early support. But without his backing in that government role, sentiment soured quickly. It’s a coin that has no real asset behind it, so any shift in hype can send prices tumbling. A drop of this size is rare, yet it felt inevitable once the Musk-Trump feud spilled into public view. Tesla Shares Slide Elon Musk’s companies did not escape the fallout. Tesla stock closed down 13% on Thursday. That tumble came after Trump signaled he would pull federal contracts from any company owned by Musk. Investors feared lost revenue and stiffer regulatory oversight. Tesla shares had been riding high this year, but angry tweets from Trump were enough to shake confidence. Even a short phrase on X can move markets—especially when it involves a figure as polarizing as Trump or Musk. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge Crypto Market Liquidations Meanwhile, the broader crypto market also felt a jolt. According to Coinglass data, total liquidations reached $982 million in a single day. Of that, long liquidations—bets on rising prices—totaled $881 million. Short positions, or bets expecting prices to fall, saw losses of $100 million. That level of liquidation is striking, and it showed how quickly nerves can fray when big personalities clash. Bitcoin and many altcoins slid alongside Dogecoin, creating a chain reaction of forced sell-offs. Featured image from Allison Robbert and Saul Loeb/AFP, chart from TradingView