X has launched what appears to be a sweeping crackdown on the memecoin sector, issuing a wave of suspensions that claimed several casualties including Pump.fun and its founder. On Monday, June 16, 2025, the official platform handles for the Solana-based…

X wipes Pump.fun and founder’s accounts in coordinated suspension spree

Bearish sentiment prevailed in U.S. markets as Middle East tensions weigh on 
sentiment.

Dow Jones down as Trump rejects quick Israel-Iran ceasefire, RFK Jr. targets Big Pharma

While assets such as gold have gained from the intensifying conflict in the 
Middle East, defense-related stocks aren’t being left behind. Companies tied 
to weapons manufacturing, aerospace, and military technology are seeing a 
boost as global unease stirs investor interest in wartime sectors. As Gold 
Shines and the Stock Market Rally Fades, the War Machine […]

War Fever Grips Markets: Defense Stocks Pop as ‘World War’ Google Searches Explode

A new filing shows Trump Media &amp; Technology Group moving into both crypto and 
telecom markets. The company behind Truth Social and Truth+ has asked the US 
Securities and Exchange Commission to register a Bitcoin and Ethereum ETF, 
according to reports. At roughly the same time, it unveiled plans for a $499 
Trump‑branded smartphone and service plan. Related Reading: Record‑High 
Ethereum Open Interest Signals Institutional Confidence Truth Social Bitcoin 
And Ethereum ETF According to the registration statement dated June 16, the 
proposed ETF would hold 75% of its assets in Bitcoin and the remaining 25% in 
Ethereum. If the SEC clears the way, the fund will list on NYSE Arca under a 
sponsor agreement with Yorkville America Digital. The plan is to store both 
coins in direct custody, meaning the ETF will actually hold the digital tokens 
rather than futures contracts or other derivatives. Crypto.com Handles Custody 
And Staking Based on reports, Crypto.com will serve as the ETF’s sole 
custodian and prime execution agent. The company will also provide staking and 
liquidity services for the Ethereum portion. That setup could ease SEC 
concerns, given the regulator’s focus on secure storage and clear oversight. 
Still, there’s no guarantee the ETF will win approval. Past spot crypto ETF 
proposals have faced delays and rejections due to worries over market 
manipulation and investor protection. Trump Mobile Smartphone and Service Plan 
At a media event in Trump Tower, US President Donald Trump’s organization 
introduced “Trump Mobile,” a new phone and network service. The device will 
sell for $499 starting in September, and the monthly plan is priced at 
$47.45—a nod to Trump’s role as the 47th US President. BREAKING: The Trump 
Organization announced Trump Mobile, which will offer 5G service starting at 
$47.45 through the 3 major carriers and will be releasing a phone in August 
called the “T1 Phone.” The phone is described as “a sleek, gold smartphone 
engineered for performance and… pic.twitter.com/jhtXRLveJZ — RedWave Press 
(@RedWave_Press) June 16, 2025 The phone itself is made in the US, and call 
centers here will handle customer support. Coverage will run on existing 
networks, with the Trump name licensed rather than the company building its 
own towers. Related Reading: Amid Bitcoin Hype, Seasoned Trader Predicts 
Sudden Drop To This Level Trump Mobile: Bundled Extras Aim To Attract Users 
According to the company, Trump Mobile will bundle telemedicine visits, 
international texting to 100 countries, and roadside assistance. Donald Trump 
Jr. highlighted those extras as part of a flat‑fee package designed to stand 
out from major carriers. The idea is to offer more than just voice and 
data—giving customers a health line and car help all through one monthly bill. 
The trademark applications filed by DTTM Operations cover telecom services and 
accessories under the Trump brand. Featured image from Joe Raedle/Getty 
Images, chart from TradingView

Trump Media Makes Moves On Bitcoin And Smartphone – What’s Next?

This content is provided by a sponsor. PRESS RELEASE. New Delhi, India &#8211; 17th 
June 2025 &#8211; Octaloop, one of India’s earliest and most active crypto-native 
communities, today announced the fourth edition of the India Blockchain Tour 
(IBT) 2025 &#8211; an ambitious, eight-city series that will bring policymakers, 
investors, founders, developers, and enthusiasts together from […]

Octaloop’s India Blockchain Tour 2025: Fueling India’s Web3 Awakening, One City at a Time

Throughout the last 10 years, Bitcoin’s price has remained resilient to war 
and armed conflict.