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⚑️ REX Shares Files for Meme Coin ETFs

REX Shares has submitted applications for exchange-traded funds (ETFs) targeting meme coins like DOGE, BONK, and TRUMP. These ETFs aim to provide exposure to the meme coin market, but their approval by the SEC remains uncertain, raising questions about their viability and market impact.

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❕ZachXBT Sells $3.9M in Tokens, Crashing Market Cap

ZachXBT, a prominent blockchain investigator, sold 91 million ZACHXBT tokensβ€”50% of the total supplyβ€”on the Solana blockchain. This caused the token's market cap to plummet from $97 million to $19 million. He then transferred $3.9 million worth of SOL to Wintermute via an over-the-counter trade, raising concerns about market impact and transparency.

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πŸ’Ž Telegram Mini-Apps to Fully Migrate to TON Blockchain

TON Foundation mandates all Telegram mini-apps to transition to the TON ecosystem within a month, requiring TON Connect for wallet integration and introducing tokenized assets like stickers and emojis.

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πŸ”₯ CreatorBid Launches Token Sale via Binance Keyless Wallet

CreatorBid’s token sale starts today, offering 100 million BID tokens at $0.025 USDC each. Purchases are capped at $500 USDC per wallet with no vesting. Tokens are distributed within two hours post-sale on a first-come, first-served basis. Participants need a Binance Keyless Wallet, USDC, and BNB for gas fees.

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πŸ“£ Ross Ulbricht’s Pardon and Its Impact on Bitcoin’s Image

Ross Ulbricht, founder of Silk Road, was pardoned after 12 years in prison. While some see this as a victory against unfair sentencing and state overreach, others doubt it will change Bitcoin's association with crime. The pardon highlights debates on crypto’s role as a tool for freedom versus its criminal stigma.

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MetaMask Partners with Ramp Network for Direct L2 Cashouts

MetaMask users can now cash out Ether from layer-2 networks like Optimism and Polygon directly into fiat currencies. This partnership with Ramp Network simplifies the process, cutting fees and delays while supporting over 35 fiat currencies.

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❕Court Lifts Tornado Cash Sanctions Again

A Texas court ruled that Tornado Cash’s immutable smart contracts can’t be classified as β€œproperty,” marking a second defeat for the Treasury after a similar November 2024 decision. Tornado Cash’s token, TORN, surged over 200% after the ruling, while legal battles for its co-founder continue.

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Despite the hype, over 77% of TRUMP holders have made losses or minimal gains, while around 60 whales have profited over $10 million each.

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πŸ“£CZ Joins YZi Labs, Expanding Beyond Crypto

CZ, Binance's founder, takes an active role at YZi Labs, formerly Binance Labs. The firm, now a family office, is broadening its focus to AI, biotech, and Web3. Former head Ella Zhang has also returned to lead the rebranded entity. This shift comes after CZ’s resignation from Binance in 2023 following legal issues.

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⏫World Liberty Financial Buys TRX After WBTC Purchase

World Liberty Financial, linked to Donald Trump, bought $9.8M WBTC and plans a $2.65M TRX purchase this week. The project now holds $352M in crypto and has raised $1.1B through its WLFI token sale, which is nearing completion.

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πŸ’° Bitcoin Hits $130B in Daily Trade Volume, Among Highest Ever

Bitcoin's trade volume reached $130 billion on Wednesday, driven by $110 billion in futures, $15 billion in spot trades, and $5 billion in ETFs. This marks one of the highest daily volumes in history, reflecting surging interest following Trump's election win and increased institutional demand.

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πŸ’° Tron Unveils Zero-Fee Stablecoin Framework

Justin Sun’s Tron is launching a zero-fee stablecoin system to boost adoption and compete with Ethereum. Starting on Tron, it will later expand to Ethereum and EVM chains. Tron holds 36% of the stablecoin market and reported $2.15 billion in revenue last year, with further growth driven by key partnerships.

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πŸ”₯ Bitget Rises to Second-Largest Crypto Exchange

Bitget’s user base grew 400% in 2024, reaching 100M, with trading volumes doubling to $20B. Its BGB token surged 1000% due to a burn mechanism and expanded utility. The exchange also added 200+ tokens and secured regulatory approvals in the UK and El Salvador.

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‼️Trump Meme Coin Sparks Criticism Over Speculation

Trump's meme coin saw billions in trading volume but faced backlash for its speculative nature and lack of utility. Cathie Wood dismissed it as risky, citing concentration risks and ethical concerns over Trump's financial stake.

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πŸ’° DWF Labs to Launch $USDf Stablecoin via Falcon Finance Next Week

DWF Labs has announced the launch of $USDf, a yield-bearing stablecoin under Falcon Finance. Backed by multiple assets, the coin features advanced hedging and farming systems for optimal stability and returns. The release aims to redefine the stablecoin landscape.

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⭐️ β€˜Made in USA’ Crypto Narrative Gains Momentum with Top 5 Tokens

The pro-crypto stance of President Trump’s administration has fueled the rise of "Made in USA" tokens like Solana, XRP, Cardano, Chainlink, and Avalanche. This category has outperformed the market, rising 360% since the election. Market activity hit records, with $75T in 2024 trading volume. Experts anticipate favorable regulations and a strong U.S. crypto framework to sustain the trend.

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πŸ“£ Trump's Crypto Order: Symbolic First Step

Trump’s executive order supports crypto by creating a task force to remove barriers, but TD Cowen says real regulations will take years. The SEC repealed SAB 121, allowing banks to hold crypto as custodians, signaling early progress.

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πŸ’° Pantera Capital Leads $7M Seed Round for Radius

Radius raised $7 million in seed funding led by Pantera Capital to develop Lighthouse, a decentralized network turning MEV into a revenue source for rollups. This model reduces reliance on transaction fees and addresses high Layer 1 costs, aiming to boost rollup growth and efficiency.

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πŸ™ DePIN Tech Expands to Taco Bell and KFC

Fast food chains like Taco Bell and KFC are adopting DePIN devices, such as Ambient Network’s air quality sensors on Solana, to improve efficiency, optimize operations, and enhance customer experiences. This marks a growing shift toward decentralized tech in traditional industries.

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βœ… MetaMask Expands to Bitcoin Amid Ethereum Stagnation

MetaMask is adding Bitcoin support as it shifts to a multi-chain strategy. With Ethereum’s growth slowing, the wallet aims to tap into Bitcoin’s DeFi ecosystem and introduce cross-chain compatibility later this year.

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