Trump’s social media platform, Truth Social, proposed the issuance of a dual-spot Bitcoin and Ether ETF, backed by assets held by Crypto.com. US President Donald Trump’s social media platform, Truth Social, filed an S-1 form with the US Securities and Exchange Commission to launch a dual exchange-traded fund (ETF) for Bitcoin and Ether. Filed on Monday, the S-1 form proposes the issuance and trading of Truth Social Bitcoin and Ethereum ETF, sponsored by the asset management firm Yorkville America Digital. The trust seeks to provide investors with exposure to both Bitcoin (BTC) and Ether (ETH) by offering shares backed by the crypto assets, removing the complexities stemming from direct investment. Read more
Group of Seven (G7) leaders will gather in the Canadian Rockies starting on Sunday amid growing splits with the United States over foreign policy and trade, with host Canada striving to avoid clashes with US President Donald Trump. While Canadian Prime Minister Mark Carney says his priorities are strengthening peace and security, building critical mineral supply chains and creating jobs, issues such as US tariffs and the conflicts in the Middle East and Ukraine are expected to feature heavily. US ally Israel launched a barrage of strikes across Iran on Thursday, a blow to Trump’s diplomatic efforts to prevent such an attack. The summit will take place in the mountain resort of Kananaskis, some 90 kilometres west of Calgary. The last time Canada played host, in 2018, Trump left the summit before denouncing then Canadian Prime Minister Justin Trudeau as “very dishonest and weak” and instructing the US delegation to withdraw its approval of the final communique. “This will be a successful meeting if Donald Trump...
US President Donald Trump hosted the largest US military parade in decades on his 79th birthday on Saturday, as protesters rallied across the country to accuse him of acting like a dictator. Trump hailed the United States as the “hottest country in the world” after watching tanks, aircraft, and troops file past him in Washington to honour the 250th anniversary of the US army. But it formed a stark split screen with turmoil at home and abroad, as police used teargas to disperse protesters in Los Angeles and US ally Israel traded missile fire with Iran in a rapidly escalating conflict in the Middle East. Trump’s parade on an overcast night in Washington came after tens of thousands of “No Kings” demonstrators thronged the streets in cities including New York, Philadelphia, Houston and Atlanta. Trump largely avoided his usual domestic political diatribes in an unusually brief speech, and instead focused on praising the US army, saying that they “fight, fight, fight, and they win, win, win”. View this post on Ins...
Tens of thousands of Americans attended rallies on Saturday to protest United States President Donald Trump’s aggressive immigration crackdown in major cities from New York to Atlanta to Los Angeles, on a day marred by the assassination of a Democratic lawmaker in Minnesota. The protests marked the largest outpouring of opposition to Trump’s presidency since he returned to power in January, and came the same day that thousands of military personnel, vehicles and aircraft would march through and fly over Washington DC in a parade celebrating the US Army’s 250th anniversary. Saturday is also Trump’s 79th birthday. The Republican president has ordered National Guard troops and US Marines to Los Angeles, a heavily Democratic city — a deployment that California Governor Gavin Newsom has challenged in court. Anti-Trump groups planned nearly 2,000 demonstrations of varying sizes across the country to coincide with the parade. Many are taking place under the theme ‘No Kings’, asserting that no individual is above the...
Nationwide protests against President Donald Trump, tensions in the Middle East amid Israel’s strikes on Iran and expected rainy weather in Washington on Saturday could dampen spirits at a military parade on the US Army’s 250th anniversary, set to feature tanks on the streets and aircraft flying overhead. Trump, whose 79th birthday is also on Saturday, will preside over the parade. Week-long protests in Los Angeles against Trump’s immigration crackdown have spread to multiple cities including Chicago, New York, San Antonio, Texas, and Washington. The Republican president has ordered National Guard troops and US Marines to Los Angeles, a heavily Democratic city — a deployment that California Governor Gavin Newsom has challenged in court. Anti-Trump groups are planning to hold nearly 2,000 demonstrations of varying sizes across the country to coincide with the parade. Many are taking place under the theme “No Kings,” asserting that no individual is above the law. The protests, if they go as planned, would repre...
Trump discloses $57.4 million in income tied to World Liberty Financial, a DeFi project that has raised over $550 million from investors. US President Donald Trump has disclosed $57.4 million in income from his involvement with World Liberty Financial, a cryptocurrency venture he backs alongside his sons Donald Jr. and Eric. The details emerged in Trump’s 2025 public financial disclosure, filed with the US Office of Government Ethics on June 13. The filing reveals that Trump holds 15.75 billion governance tokens in World Liberty Financial, which also grants him voting rights. While the document does not elaborate on the precise structure or market value of the governance tokens, the substantial reported income suggests that Trump has monetized some portion of the position or that the tokens were valued for disclosure at a high internal rate. Read more
The US president has spoken in person at the Bitcoin 2024 conference in Nashville and released a video message for the Digital Asset Summit in New York City. US President Donald Trump released a prerecorded message for attendees of Coinbase’s State of Crypto Summit as Congress considers legislation to regulate payment stablecoins and establish a digital asset market structure framework. In his second message directly addressing a crypto conference since becoming president in January, Trump said he was “not done” implementing crypto policies in the US government. These, according to the president, have included efforts through executive orders to establish a national Bitcoin (BTC) reserve, creating a working group on digital assets and nominating Paul Atkins to chair the Securities and Exchange Commission (SEC). “My administration is working with Congress to pass the GENIUS Act supporting the creation of dollar-backed stablecoins, and we also will be working to create clear and simple market frameworks that wi...