Trump Media Group was approved by the SEC, and the $2.3 billion Bitcoin reserve plan officially came into effect; All 7 Solana ETF issuers have filed S-1 amendments to the staking feature; Founder, 10x Research: If Bitcoin falls below the $100,000 key support, it could revert to the broad consolidation phase of last summer

Daily Web3 news selected for you by the Bit推 editor:

[Trump Media Group Approved by U.S. SEC, $2.3 Billion Bitcoin Reserve Plan Officially Takes Effect]

According to BitPush news, Trump Media & Technology Group (DJT), the operator of the social media platform Truth Social, the streaming platform Truth+, and the fintech brand Truth.Fi, announced on Friday that the Form S-3 registration statement previously submitted by the company has been approved by the U.S. Securities and Exchange Commission (SEC) and became effective on June 13, 2025. Subsequently, Trump Media has submitted the corresponding final prospectus to the SEC.

According to the company's previous disclosure regarding the debt and equity agreements reached with approximately 50 investors, the transaction raised about $2.3 billion in funds. Trump Media stated that this is one of the largest Bitcoin reserve programs among publicly listed companies.

The company also stated that the registration statement includes a universal shelf registration intended to provide greater financing flexibility for the company's future growth strategy. Trump Media currently has no immediate plans to issue any securities through this shelf registration.

[Bloomberg Analyst: 7 Solana ETF Issuers Have Submitted S-1 Amendment Files for Staking Features]

According to Bitpush news, as of 5 PM Eastern Time on Friday, all 7 issuers expected to launch Solana ETFs have submitted new S-1 registration statements regarding the staking function, marking a further step in the approval process for the Solana ETF.

Earlier this week, it was reported that the SEC has requested major issuers to submit updated filings for Solana ETFs that include staking features.

[Two cryptocurrency asset experts join the leadership of the U.S. SEC, potentially adopting a more favorable stance towards digital assets]

According to Bitu, the U.S. Securities and Exchange Commission (SEC) announced a series of high-level appointments on Friday, including the addition of Jamie Selway and Brian T. Daly, two officials with extensive experience in digital assets, further confirming the new chairman Paul Atkins' "more friendly" attitude towards cryptocurrencies.

Jamie Selway will serve as the Head of Trading and Markets starting June 17. He was a partner at Sophron Advisors and briefly served as the Global Head of Institutional Markets at Blockchain from 2018 to 2019. Selway stated that he will work with the Chairman of Atkins to "advance the SEC mission and drive innovation."

Brian T. Daly will take over as the Director of the Investment Management Department starting July 8. He was previously a partner at Akin Gump Strauss Hauer & Feld LLP, where his official resume explicitly listed his expertise in digital assets, cryptocurrencies, and blockchain. Daly has commented on the SEC's overturning of the previous government's SAB 121 guidance, stating that the regulation had "prevented all responsible banks and broker-dealers from providing cryptocurrency custody services."

Since taking office, SEC Chairman Paul Atkins has repeatedly pledged to adopt a more open approach to digital assets. This personnel change is interpreted by the market as an important signal that the SEC seeks to better embrace innovation in digital assets while ensuring regulatory compliance.

[10x Research Founder: If Bitcoin breaks below the key support of $100,000, it may fall back into the broad consolidation phase of last summer]

According to Bitpush News, 10x Research founder Markus Thielen pointed out that BTC breaking below $106,000 indicates a failed breakout, and traders should wait for more favorable setups before rushing to buy. He emphasized that the $100,000-$101,000 area is a key support level and warned that falling below this area could signify a return to a broader consolidation phase similar to last summer.

[Iran Launches Fourth Wave of Missile Attacks on Israel]

According to BitPush news and reports from the Iranian Fars News Agency, Iran has launched a new round of missile attacks against Israel. Eyewitnesses told Reuters that loud explosions were heard in Jerusalem. Ahmad Vahidi, a senior commander of the Iranian Islamic Revolutionary Guard Corps, stated that the operation against Israel is codenamed "True Promise 3 operation," and will continue as long as necessary.

[Cardano Founder Proposes to Exchange $100 Million ADA for BTC and Stablecoins]

According to news from Bitpush and a report by CoinDesk, Cardano founder Charles Hoskinson proposed in a livestream to use 100 million ADA from the national treasury to exchange for Bitcoin and stablecoins (USDM, USDA) to increase the proportion of on-chain stablecoins and improve the DeFi ecosystem.

Charles Hoskinson stated that this move would not impact the ADA market and refuted liquidity concerns. Currently, stablecoins on the Cardano chain account for only about 10% of the TVL, far below the scale of the stablecoin ecosystem on Solana. This proposal diverges from the view previously emphasized by Cardano Foundation CEO Frederik Gregaard that TVL is not a key indicator.


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