Eric Trump’s $TRUMP Memecoin Purchase Announcement Shows Limited Market Impact and Investor Caution

Eric Trump’s announcement of World Liberty Financial’s planned acquisition of the $TRUMP memecoin sparked initial interest but failed to generate significant market momentum. The muted price response contrasts with typical celebrity-driven memecoin rallies, underscoring the challenges of sustaining investor enthusiasm through endorsements alone. According to COINOTAG, the $TRUMP memecoin’s short-lived price surge highlights growing investor … Read more

Africa Crypto News Week in Review: South Africa Calls for Modern Crypto Laws, Kenyan Banks Ready for Crypto as Tether Expands

Africa crypto news: A judge in South Africa wants modern crypto laws and banks in Kenya ready for crypto as Tether invests in Shiga Digital. A South African judge has criticized the country’s financial regulators for relying on Apartheid-era laws to regulate crypto. In Kenya, a Central Bank survey reveals that an increasing number of … Read more

US Seizes Crypto and 145 Domains From Identity Theft Marketplace

The U.S. Department of Justice (DOJ) has seized 145 domains and cryptocurrency funds tied to the BidenCash identity theft marketplace, a dark web platform that trafficked in stolen payment card data and personal information. Operational since March 2022, BidenCash facilitated the sale of more than 15 million compromised records, serving over 117,000 users and generating … Read more

Injective Appoints BitGo As Institutional Validator To Boost DeFi Adoption

Injective, a popular L1 blockchain dealing with financial purposes, has selected BItGo (a leading platform providing infrastructure for digital assets) as its institutional-level validator. The development marks a landmark move in Injective’s endeavors to scaling DeFi adoption among institutions. The platform took to social media to reveal this initiative. The $100 Billion digital asset manager … Read more

VanEck and Partners Urge SEC to Consider “First to File” Rule for Future Ethereum ETF Reviews

VanEck, 21Shares, and Canary Capital have jointly petitioned the SEC to reinstate the “first to file, first to approve” principle in the cryptocurrency ETF approval process, aiming to restore predictability and fairness. This move comes in the wake of the SEC’s recent approval of multiple spot Bitcoin ETFs, where the traditional chronological review order appeared … Read more

Deutsche Bank Investigates Stablecoins and Tokenized Deposits

Key Points: Deutsche Bank considers stablecoins exploration, aiming to innovate in financial assets. No public statements from bank’s leadership yet. Potential impacts on crypto markets like Ethereum. As of June 7, 2025, Ethereum (ETH) trades at $2,497.02, boasting a market cap of $301.44 billion with a 9.20% market dominance. CoinMarketCap reports a 24-hour trading volume … Read more