Money 💰 Crypto & Finance

Trump family’s Bitcoin-mining company raises $220 million😲 The Trump family's crypto venture, American Bitcoin—backed by Eric Trump and Donald Trump Jr.—has raised $220 million to expand its Bitcoin holdings and mining operations. About $10 million of the funds were immediately used to buy Bitcoin. The company, a subsidiary of publicly traded miner Hut 8, plans to invest in more mining equipment as well. The identities of the investors in the private stock sale were not disclosed. 📱@Money📱Twitter

🗞 July 1, 2025 cryptocurrency news highlights 【Cryptocurrency】 DDC Enterprise has closed $528m in financing to support its corporate Bitcoin treasury strategy, making it one of the largest BTC-focused raises by a NYSE-listed firm. 【Economy】 Deutsche Bank plans to launch a digital asset custody service in 2026, partnering with Bitpanda Technology Solutions and continuing its collaboration with Taurus SA. 【Indicators】 Binance now accounts for 87% of global taker futures volume, solidifying its dominance in the market, while OKX, Deribit, BitMEX, and Bybit combined make up just 10%. 【More】 Tesla's US Stock Plunges Over 7% in After-Hours Trading, Trump Suggests Government Efficiency Department Should Investigate Musk and His Company's Subsidies 📱@Money📱Twitter

DDC Enterprise has closed $528m in financing to support its corporate Bitcoin treasury strategy, making it one of the largest BTC-focused raises by a NYSE-listed firm. Backed by Anson Funds and others, the company plans to use the funds to aggressively accumulate Bitcoin and position itself among the world’s top corporate holders. 📱@Money📱Twitter

Deutsche Bank plans to launch a digital asset custody service in 2026, partnering with Bitpanda Technology Solutions and continuing its collaboration with Taurus SA. 📱@Money📱Twitter

Binance now accounts for 87% of global taker futures volume, solidifying its dominance in the market, while OKX, Deribit, BitMEX, and Bybit combined make up just 10%. 📱@Money📱Twitter

Tesla's US Stock Plunges Over 7% in After-Hours Trading, Trump Suggests Government Efficiency Department Should Investigate Musk and His Company's Subsidies Tesla (TSLA.O) stock dropped over 7% in after-hours trading. Trump tweeted, suggesting that maybe the Office of Inspector General should take a look at the subsidies received by Musk and his company. 📱@Money📱Twitter

A certain newly created wallet spent 7,980 SOL to purchase 1,080,000 Fartcoin.👀 📱@Money📱Twitter

Two addresses spent a total of 12.37 million DAI to purchase 4957.66 ETH🔥 📱@Money📱Twitter

Solana Rallies to $161 on ETF News 📈 Solana (SOL) surged to $161 after news of planned U.S. ETF launches, but analysts warn the rally may be short-lived due to weak demand, upcoming token unlocks, and lackluster on-chain activity. 📱@Money📱Twitter

Kazakhstan to Launch National Bitcoin Reserve 💰 Kazakhstan plans to create a state-managed Bitcoin reserve using seized crypto assets and coins mined from state-run facilities. The move aims to boost national digital asset holdings while tightening crypto regulation and positioning the country as a regional blockchain leader. 📱@Money📱Twitter

Bitcoin and Altcoins Eye Key Breakouts in June 30 Price Forecasts 🕯 Analysts predict bullish setups across major assets: the S&P 500 (SPX) could rally toward 6,500 if it holds above its 20-day EMA, while the U.S. Dollar Index (DXY) remains under bearish pressure below ~97.92. Bitcoin (BTC) faces resistance at a downtrend line near $109K but maintains upside momentum with support at current moving averages; a breakout could target this level. Ethereum (ETH), XRP, BNB, SOL, DOGE, ADA, and meme token HYPE are all approaching critical support and resistance zones—where holding or breaking these levels could dictate the next trend. 📱@Money📱Twitter

Elon Musk’s Grok AI Predicts the Price of Bitcoin, Ethereum, and XRP by the End of 2025 🧐 Elon Musk’s Grok AI predicts strong gains for Bitcoin, Ethereum, and XRP in the second half of 2025. The bullish outlook is also expected to benefit newer projects, with BTC Bull Token—a Bitcoin-themed meme coin—highlighted by Grok as potentially poised for a major breakout. 📱@Money📱Twitter