Fun

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

News Feed - 2025-06-18 02:06:47

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


A new filing shows Trump Media & 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 20 hours ago 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. TRUMPUSD trading at $9.65 on the 24-hour chart: TradingView 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 2 days ago 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

News Feed

Ciaran Lyons7 hours agoSEC initiates legal action against FTX’s auditorThe SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to
US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers
US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth
Solana Hits New Milestone: Wallets Holding 0.1+ SOL Reach Record High
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ethereum’s Dencun upgrade to launch in 2 days: Here’s why it matters
Zoltan Vardai12 hours agoEthereum’s Dencun upgrade to launch in 2 days: Here’s why it mattersDencun — the most-anticipated upgrade since the Merge — is set to ship in two days, promising to significantly reduce l
Decentralized naming could bring ‘next billion’ users to Bitcoin
Ezra Reguerra34 minutes agoDecentralized naming could bring ‘next billion’ users to BitcoinSpaces Protocol founder Mike Carson argues that in light of the recent Squarespace DNS attack, domains should be decentralize
Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal
Report: Turkey"s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal Turkey’s gold imports of just over 39,000 kilograms in September
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypt
William Suberg6 hours agoNew BTC price levels to watch as Bitcoin avoids $36KBTC price liquidity is on the move as analysts say the Bitcoin “gameboard is changing” — another squeeze may result.4971 Total views7 To
Physical and Digital Art Worlds Collide as LGND Comes to Miami Art Week With Superstar Participating Artists
Physical and Digital Art Worlds Collide as LGND Comes to Miami Art Week With Superstar Participating Artists press release PRESS RELEASE. Miami, Florida– The reality of the r
US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman
US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman The U.S. President-elect Joe Biden is set to name Gary Gensler as the
Tom Mitchelhill4 hours agoIs SBF secretly behind BALD? Crypto Twitter debates latest conspiracyCrypto Twitter has been set ablaze with a new conspiracy that Sam Bankman-Fried is secretly pulling the strings of a new meme
$7.5B AI crypto token merger scheduled for community vote on April 2
Zhiyuan Sun5 hours ago$7.5B AI crypto token merger scheduled for community vote on April 2“We are extremely excited to move forward as an Alliance and bring our combined knowledge and expertise to bear,” the projects