According to @FoxNews, Trump Media and Technology Group (DJT) has announced a $400 million share buyback that will be funded separately from its Bitcoin (BTC) treasury strategy, signaling a continued commitment to its corporate crypto holdings. The company, which holds approximately $3 billion on its balance sheet, saw its stock rise over 3.8% on the news. This corporate development coincides with improving macroeconomic sentiment, as odds for a 2025 U.S. recession on the crypto prediction platform Polymarket have dropped to 22%, the lowest since late February. This decrease in recession fears, attributed to easing trade tensions, is generally considered a bullish signal for risk-on assets like Bitcoin (BTC) and the broader cryptocurrency market, as it suggests stronger investor confidence.

According to @FoxNews, the estate of bankrupt crypto exchange FTX is strongly disputing a $1.53 billion claim from hedge fund Three Arrows Capital (3AC), arguing in a court filing that 3AC's own risky trading strategy and withdrawals caused its collapse. FTX's lawyers assert that the actual value in 3AC's accounts was only $284 million in June 2022 and that 3AC is owed nothing, a stance that could significantly alter payouts for creditors of both firms. Separately, Trump Media and Technology Group (DJT) announced a $400 million share buyback, explicitly stating the move will not impact its Bitcoin (BTC) treasury strategy. This reaffirmation of holding BTC as a corporate treasury asset, funded by a separate $2 billion raise, is a notable signal for the crypto market and contributed to a 3.8% rise in DJT stock.

According to @FoxNews, the U.S. government's plan to establish a strategic Bitcoin (BTC) reserve, initiated by a presidential directive, is facing delays as officials work on the infrastructure and legislative framework. Senator Cynthia Lummis is championing the BITCOIN Act to formalize the reserve, which aims to acquire one million BTC over five years, but this legislation is behind more urgent market structure and stablecoin bills. In a contrasting move, the New York Stock Exchange has filed for a rule change to list the Truth Social Bitcoin and Ethereum ETF from Trump Media and Technology Group. If approved, this ETF would hold Bitcoin (BTC) and Ether (ETH) in a 3-to-1 ratio, potentially increasing market access and demand for both assets.

According to @KobeissiLetter, Elon Musk's platform X is preparing to launch investment and trading services 'soon' as part of its 'everything app' strategy, as CEO Linda Yaccarino told the Financial Times. Given Musk's public support for cryptocurrencies like Dogecoin (DOGE) and Tesla's significant Bitcoin (BTC) holdings, any new financial services on X are widely expected to include crypto. In a separate development, the New York Stock Exchange has filed for a rule change to list a dual Bitcoin (BTC) and Ethereum (ETH) ETF proposed by Trump Media and Technology Group. If approved, this ETF would hold BTC and ETH in a 3:1 ratio, with Crypto.com serving as the custodian and liquidity provider, marking a significant step for politically branded crypto products.

According to @KobeissiLetter, the cryptocurrency market is impacted by two major developments from influential figures. First, Elon Musk's platform X is preparing to launch investment and trading services soon, as stated by CEO Linda Yaccarino. Given Musk's advocacy for cryptocurrencies like Dogecoin (DOGE) and Tesla's significant Bitcoin (BTC) holdings, it is widely anticipated that these new financial services on X will incorporate digital assets. This move is part of a broader strategy to transform X into an 'everything app' similar to China's WeChat. Second, Donald Trump's Trump Media and Technology Group is moving forward with its crypto plans, as the New York Stock Exchange (NYSE) has filed for a rule change to list the 'Truth Social Bitcoin and Ethereum ETF'. This proposed dual-asset fund would hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio, with Crypto.com serving as the custodian and liquidity provider. This filing is a key procedural step towards public trading, signaling growing integration between traditional finance and the crypto sector.

According to @KobeissiLetter, Elon Musk's social media platform X is preparing to launch investment and trading services soon, as confirmed by CEO Linda Yaccarino in an interview with the Financial Times. This move is part of a larger strategy to transform X into an 'everything app' for finance, which crypto traders anticipate will include digital assets like Dogecoin (DOGE) and Bitcoin (BTC), given Musk's history and Tesla's BTC holdings. In separate news, the New York Stock Exchange has filed for a rule change to list the Truth Social Bitcoin and Ethereum ETF from Trump Media. This proposed fund would hold BTC and ETH in a 3:1 ratio, with Crypto.com serving as the custodian. These developments occur as Bitcoin (BTC) trades around $108,160 and Ethereum (ETH) is near $2,515, based on current market data.

According to @FoxNews, the New York Stock Exchange (NYSE) has filed for a rule change to list the Truth Social Bitcoin and Ethereum ETF, a significant step for Trump Media and Technology Group's crypto ambitions. The proposed ETF would hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio, with Crypto.com serving as the custodian and liquidity provider, as stated in the 19b-4 filing with the SEC. This filing is a key procedural move but does not guarantee approval. Concurrently, Donald Trump reiterated his pro-crypto stance at a Coinbase summit, promising his administration would work towards establishing 'clear and simple market frameworks' to end the 'war on crypto.' He also referenced legislative efforts like the GENIUS Act to support stablecoins. These political and corporate developments could significantly influence market sentiment and regulatory outlook for BTC and ETH, which are currently trading around $108,662 and $2,541 respectively.

According to @rovercrc, Ether (ETH) is navigating significant market crosscurrents, with U.S. spot ETH ETFs recording $11.3 million in net outflows on Friday, the largest single-day decline in June, as cited from Farside Investors. This was driven by a $19.7 million outflow from BlackRock’s ETHA fund, though partially offset by a $6.6 million inflow to Grayscale’s ETHE. Despite the institutional selling pressure, ETH's price found technical support in the $2,420–$2,430 range after a sharp dip to $2,372.85, with key resistance now at the $2,480–$2,500 level. In a separate development with potential market impact, Trump Media and Technology Group (DJT) has filed with the SEC to launch a dual Bitcoin (BTC) and Ether (ETH) ETF. The proposed fund plans to allocate 75% of its capital to Bitcoin and 25% to Ether, with Crypto.com slated to act as the custodian.

According to @FoxNews, Trump Media and Technology Group (DJT) announced a $400 million share buyback program, causing its stock to climb over 3.8% to $18.50 in early trading. The company confirmed this repurchase plan will be funded separately and will not affect its existing Bitcoin (BTC) treasury strategy, which was established after raising over $2 billion from institutional investors. CEO Devin Nunes highlighted the company's strong financial position with approximately $3 billion on its balance sheet as the reason for the move. In other news impacting the crypto space, NBA legend Shaquille O’Neal has reportedly agreed to a $1.8 million settlement in the class-action lawsuit concerning his promotion of the collapsed crypto exchange FTX. This development serves as a reminder of the ongoing legal risks associated with celebrity endorsements in the cryptocurrency market, following the conviction and 25-year prison sentence of FTX founder Sam Bankman-Fried.

According to @FoxNews, Trump Media and Technology Group is moving forward with its cryptocurrency plans as the New York Stock Exchange (NYSE) has filed for a rule change to list the 'Truth Social Bitcoin and Ethereum ETF'. This proposed dual-asset fund would hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio, with Crypto.com serving as the custodian and liquidity provider, as stated in the filing. While this 19b-4 filing is a critical step, it does not guarantee SEC approval. In a separate development, the Trump-affiliated World Liberty Foundation announced a significant policy change for its WLFI token, stating that the team is working to make the previously non-transferable token tradable on secondary markets. This pivot would allow holders to speculate on the token's price. These developments occur as the broader crypto market faces downward pressure, with BTC trading at $105,830.50 (down 1.446% in 24h) and ETH at $2,411.29 (down 3.115% in 24h) according to market data.

According to @FoxNews, the New York Stock Exchange has submitted a 19b-4 rule change filing to enable the listing of the Truth Social Bitcoin and Ethereum ETF, a new fund proposed by Trump Media and Technology Group. This filing is a crucial procedural step toward public trading, although it does not guarantee approval. The proposed ETF plans to hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio, with Crypto.com designated as the custodian and liquidity provider. This development follows a previous announcement from Trump Media about its intention to raise $2.4 billion for a corporate BTC treasury. In a related development, the Trump-affiliated World Liberty Foundation announced a significant policy reversal for its WLFI token. The foundation stated on its official X account that it is working to make the WLFI token transferable, which would allow it to be traded on secondary markets after initially being non-transferable. No specific timeline for this change was provided.

According to @FoxNews, the New York Stock Exchange (NYSE) has filed for a rule change, a key procedural step towards listing a dual-asset crypto ETF from Trump Media and Technology Group. The proposed 'Truth Social Bitcoin and Ethereum ETF' would hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio, with Crypto.com slated to act as the custodian and liquidity provider, as stated in the 19b-4 filing. While this filing does not guarantee approval from the SEC, it marks significant progress. In a related development, the Trump-affiliated World Liberty Foundation announced a pivot for its WLFI token, stating it will become transferable and tradable, a reversal from its initial non-tradable status. This change would allow holders to speculate on the token's price on secondary markets.

According to @FoxNews, the New York Stock Exchange (NYSE) has filed for a rule change to list the Truth Social Bitcoin and Ethereum ETF, a significant step for Trump Media and Technology Group's crypto ambitions. The proposed dual-asset fund would hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio, with Crypto.com serving as the custodian and liquidity provider, as stated in the 19b-4 filing with the SEC. This development, while not a guarantee of approval, signals increasing mainstream financial integration for top cryptocurrencies. The move aligns with Donald Trump's recent pro-crypto declarations at the Coinbase State of Crypto Summit, where he pledged his administration would work toward creating 'clear and simple market frameworks' to ensure American dominance in the crypto sector. For traders, this combination of a specific product filing and high-level political support could be a bullish catalyst for BTC and ETH, despite current market data showing BTC trading around $106,500 and ETH near $2,440, both with slight 24-hour declines.

According to @rovercrc, Donald Trump is reinforcing his pro-crypto stance, stating his administration will work towards 'clear and simple' market frameworks to help America dominate the future of crypto and Bitcoin (BTC). This political support coincides with a significant move from his media company, as the New York Stock Exchange (NYSE) has filed for a rule change to list the Truth Social Bitcoin and Ethereum ETF. This proposed dual-asset fund would hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio. The filing specifies that Crypto.com will act as the custodian, execution agent, and liquidity provider for the ETF. This development, along with plans for other politically branded funds like the America First Bitcoin Fund, could introduce new investment vehicles and potentially impact market sentiment and liquidity for both BTC and ETH.

According to the source, Donald Trump stated his administration plans to establish 'clear and simple' market frameworks to ensure American dominance in the crypto and Bitcoin (BTC) space. Speaking at a Coinbase summit, he also referenced support for the GENIUS Act, which focuses on dollar-backed stablecoins. In related corporate news, Trump Media and Technology Group (DJT) has announced a $400 million share buyback program. The company's CEO, Devin Nunes, confirmed that this buyback is funded separately and will not alter its established Bitcoin treasury strategy. Following the announcement, DJT shares reportedly climbed over 3.8% in early trading.

According to @Ultra_Calls, Trump Media and Technology Group (DJT) has announced a $400 million share buyback program, which the company stated will be funded separately and will not alter its existing bitcoin treasury strategy. The firm's CEO, Devin Nunes, cited a strong balance sheet of approximately $3 billion as the reason for the move, which led to DJT shares climbing over 3.8% in early trading. This development runs parallel to the company's deepening crypto involvement, as the New York Stock Exchange (NYSE) has filed a rule change proposal to list the 'Truth Social Bitcoin and Ethereum ETF'. This proposed dual-asset fund would hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio, with Crypto.com serving as custodian. The filing is a key procedural step towards public trading but does not guarantee approval from the SEC.

According to Crypto Rover, the SEC has approved Trump Media's deal to purchase $2.5 billion worth of Bitcoin (BTC), marking a significant institutional entry into the crypto market (source: Crypto Rover on Twitter, June 14, 2025). This approval is expected to increase institutional confidence and liquidity in the Bitcoin market, potentially driving upward price momentum and renewed interest from both retail and institutional investors. Traders should closely monitor BTC price action and related altcoins for heightened volatility and trading opportunities following this landmark approval.

According to Eric Balchunas, Foris DAX has been identified as the custodian for a new ETF linked to Truth Social, with no management fee or ticker symbol disclosed at this stage. The official S-1 filing is expected soon, which should provide more detailed information about the ETF structure. Notably, the 'Trump' name is absent from the ETF's documentation, even though it is commonly known that Truth Social is owned by Trump Media. For cryptocurrency traders, the emergence of a Truth Social-related ETF, especially with a custodian like Foris DAX, may signal potential future integrations with digital asset markets or related crypto products, raising interest around trading volumes and market sentiment in crypto sectors tied to social media and political figures (source: Eric Balchunas via Twitter, June 3, 2025).

According to Coins.ph, Trump Media and Technology Group has announced a $2.5 billion deal to establish a treasury that will hold Bitcoin ($BTC) as a core asset, aiming to diversify its revenue streams (source: Coins.ph Twitter, May 28, 2025). This substantial allocation positions BTC as a strategic long-term reserve for a major public company, signaling increased mainstream adoption and institutional confidence. Traders should note that this move could drive new demand for Bitcoin, potentially influencing both spot and futures market activity. The market impact may also extend to related crypto assets and increase overall investor interest in cryptocurrency treasury management.

According to @AltcoinGordon, Trump Media has announced a $2.5 billion Bitcoin treasury deal, marking a substantial institutional adoption of cryptocurrency. This large-scale move positions Trump Media among major corporate Bitcoin holders, potentially increasing market liquidity and validating Bitcoin as a reserve asset. The announcement is likely to influence Bitcoin price action in the near term, attracting attention from both retail and institutional investors, and could serve as a catalyst for further crypto adoption by other public companies (Source: @AltcoinGordon, May 27, 2025).