The launch of a Trump-branded wallet has ignited a family dispute, with Donald Trump’s sons publicly distancing themselves and even threatening legal action. This internal strife has not hindered the activity surrounding Trump-linked tokens and ventures, which continue to see significant exchange movements and expansion within their ecosystem. On June 3rd, excitement surged after a new website announced President Donald Trump’s latest crypto initiative in collaboration with Magic Eden, introducing “the Official $TRUMP Wallet.”

The announcement generated considerable buzz on social media, but the enthusiasm was fleeting. Surprisingly, the backlash did not stem from critics or regulators but from Trump’s own family. The controversy erupted when crypto researcher Molly White revealed the new site promoting the “$TRUMP Wallet” trading app.

The platform hinted at potential rewards of up to $1 million in $TRUMP tokens, leading to speculation about its launch. Jack Lu of Magic Eden viewed it as a promising stride toward mainstream adoption, supported by the official Trump memecoin account. What started as an exciting new venture quickly devolved into a conflict within the Trump family.

Donald Trump Jr., Eric Trump, and Barron Trump publicly denied any connection to the “$TRUMP Wallet,” highlighting significant discord in their crypto pursuits. Central to the controversy is Bill Zanker, a close ally of Trump and a key player behind the memecoin project. His announcement took the Trump sons by surprise, intensifying tensions, especially with their own venture, World Liberty Financial, already establishing a competing wallet and securing $550 million in token sales.

In a message to the New York Times, Eric Trump escalated matters by declaring the app unauthorized and hinting at potential legal action. Meanwhile, the crypto landscape continued evolving, marked by Melania Trump’s token team transferring $20 million in $MELANIA tokens for liquidity and a wallet linked to the $TRUMP token depositing over $46 million across major exchanges. Additionally, World Liberty Financial made headlines with a $4 million airdrop, distributing 47 USD1 tokens to each participant in their $WLFI sales.

The overall environment suggests that Trump-affiliated ventures are fiercely competing for dominance in the crypto space. As a journalist with experience in digital assets, Samyukhtha L KM closely observes the shifting landscape, questioning the balance between hype and genuine innovation in blockchain technology while reflecting on the challenges of integrating crypto into a finance system still heavily reliant on traditional practices.

As we look forward to the years beyond May 2025, the long-term visions of foundational Web3 projects such as Oraichain, Pinlink, and RSS3 paint a promising picture of a more integrated and intelligent decentralized future. These projects are poised to redefine our interactions with artificial intelligence, digital infrastructure, and online information.

Oraichain envisions a world where verifiable AI is deeply integrated into all facets of Web3. Its roadmap focuses on enhancing its AI Layer 1 capabilities to accommodate increasingly complex AI models.

Furthermore, it aims to improve interoperability with other blockchains and foster a vibrant ecosystem of AI-driven decentralized applications (DApps). The overarching goal is to establish itself as the standard for reliable AI execution in decentralized environments, which is vital for sectors ranging from decentralized finance (DeFi) to decentralized science.

Pinlink aspires to become the go-to global marketplace for decentralized physical infrastructure. While it is expanding its focus on AI computing, its real-world asset (RWA) tokenization model holds the potential to encompass various types of decentralized physical infrastructure (DePIN).

In the long term, Pinlink seeks to minimize the reliance on centralized providers for physical infrastructure, thereby making access more inclusive and resilient globally. On the other hand, RSS3 envisions a future where information is available freely and openly, empowering individuals and stimulating innovation without intermediaries.

Its ongoing development is expected to enhance indexing capabilities across more networks, improve tools for developers to create sophisticated information-based applications, and fortify its decentralized governance to ensure that the Open Information Layer remains a public good. The collective long-term influence of Oraichain’s verifiable AI, Pinlink’s democratization of infrastructure, and RSS3’s open information network hints at a more mature, efficient, and user-centric Web3.

USD Coin (USDC) is a digital currency that is designed to maintain a stable value by mirroring the U.S. dollar on a one-to-one basis. Each USDC token corresponds to a U.S. dollar or an asset of equal worth held in reserve.

Originating in September 2018, USDC was initially developed by the Centre Consortium, a collaboration between Circle Internet Financial and Coinbase Global. However, in August 2023, the two companies parted ways, with Circle taking over the full management of USDC.

As a digital representation of the U.S. dollar, USDC combines traditional finance with the rapidity and versatility of blockchain technology. Its structured design enables users to trade and save securely, providing a reliable option within the often volatile cryptocurrency landscape.

The stability of USDC is underpinned by reserves that are backed one-for-one by U.S. dollar equivalent assets. Circle, responsible for issuing USDC, maintains these reserves in separate accounts at regulated U.S. banks.

The reserves primarily consist of cash and short-duration U.S. Treasury bonds, managed with the assistance of notable financial entities like BlackRock and BNY Mellon. To promote transparency and trust, Circle releases monthly audits, conducted by independent accounting firms, that ensure reserves match or exceed the total USDC in circulation.

A significant portion of these reserves is kept in the Circle Reserve Fund, a money market fund audited regularly. Producing (minting) and redeeming (burning) USDC occurs in a streamlined manner that preserves its pegged value.

When a designated institution desires USDC, it transfers U.S. dollars to Circle, which then mints an equivalent amount of USDC tokens. Conversely, redeeming USDC involves returning tokens to Circle, which then burns them, making an equal amount of U.S. dollars available for withdrawal.

USDC is categorized as a fiat-collateralized stablecoin, meaning its stability relies on being pegged to a stable external asset, like the U.S. dollar. Similar to other stablecoins, USDC aims to offer the advantages of cryptocurrency—such as quick, cost-effective, global transactions—while averting the erratic price swings typical of currencies like Bitcoin and Ethereum.

While USDC operates under a defined framework, the regulatory landscape for stablecoins remains evolving. In the U.S., Circle registers as a Money Services Business while adhering to anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.

Ongoing discussions among regulatory bodies, such as the SEC and CFTC, aim to clarify the classification of stablecoins. Circle has also been proactive in complying with European Union regulations, being the first stablecoin issuer to meet the Markets in Crypto-Assets (MiCA) standards.

In summary, USDC is a stablecoin designed to maintain a consistent dollar value through a carefully monitored reserve system. Its structure enables it to deliver a stable digital asset experience while leveraging the benefits of blockchain technology, all within an evolving regulatory framework.

Michigan is making strides in the realm of cryptocurrency legislation with the introduction of four new bills in the state House. This initiative represents a significant shift toward integrating digital assets into public finance, particularly in relation to state retirement funds, Bitcoin mining, and the regulation of Central Bank Digital Currencies (CBDCs). Among the proposed bills, House Bill 4510, led by Representative Bill Schuette, seeks to amend the Public Employee Retirement System Investment Act. This bill would allow the Michigan state treasurer to invest retirement funds in cryptocurrencies that maintain an average market cap exceeding $250 billion over the previous year, specifically through exchange-traded products.

Importantly, any digital asset owned by the state must be in the form of exchange-traded products issued by registered investment companies. Additionally, House Bill 4511, introduced by Representative Bryan Posthumus, aims to protect the rights of cryptocurrency holders. This bipartisan bill would prevent the state from imposing bans or licensing requirements on digital asset ownership. It also takes a firm stance against federal overreach by prohibiting state officials from endorsing or supporting a CBDC, thereby reinforcing Michigan’s commitment to financial sovereignty.

Complementing these efforts, Representatives Mike McFall has introduced two bills—HB 4512 and HB 4513—that connect Bitcoin mining with environmental initiatives. The first bill establishes a “Bitcoin Program” that encourages private companies to convert abandoned oil and gas wells for crypto mining, utilizing leftover fuel. In exchange, these firms would receive temporary authorization for mining operations. The second bill aims to provide tax deductions on income and corporate earnings derived from these environmentally friendly mining activities.

These legislative efforts mirror a growing trend in the U.S., with several states exploring strategies to bolster Bitcoin reserves and improve local economies through innovative policies.

Solana has introduced an ambitious plan to compete with major centralized exchanges like Nasdaq and the New York Stock Exchange (NYSE). This initiative comes as public companies increasingly look to issue stocks and equity on-chain.

To position itself as a strong competitor, Solana must address issues of transaction censorship, as emphasized by both founder Anatoly Yakovenko and researcher Max Resnick. They suggest implementing a consensus model with multiple node leaders, which would prevent any single node from blocking transactions, thereby enhancing order sequencing and overall efficiency.

Dan Robinson from Paradigm has praised this proposal, describing it as “impressive.” The urgency of Solana’s strategy is underscored by the recent launch of Superstate’s ‘Opening Bell’ platform, which enables firms to issue and trade tokenized shares on Solana and Ethereum.

Furthermore, Robinhood is reportedly considering a blockchain solution to facilitate trading US stocks for EU investors, potentially through Solana or Ethereum’s Arbitrum. SEC Commissioner Hester Pierce has also expressed support for this shift, suggesting a potential exemption from registration for firms utilizing Distributed Ledger Technology (DLT) for issuing and trading securities.

Well-executed, this initiative could significantly increase Solana’s adoption, particularly among non-U.S. investors interested in the U.S. equity markets. Moreover, Solana has shown strong performance relative to Ethereum in terms of network adoption and revenue in April.

Tracy Jin, COO of the MEXC exchange, reported that Solana’s decentralized exchange volume surpassed $800 billion in 2025, indicating robust on-chain liquidity. Currently, Jin’s analysis suggests that a rise in SOL’s price could occur, particularly if it breaks through the resistance level of $153.

If successful, this could position the cryptocurrency toward reaching $180 and potentially $200 soon after, especially following Bitcoin’s recent surge beyond $100K, which has positively influenced SOL’s movement.

CryptoBilis is excited to announce the highly anticipated return of the “Bitcoin Pizza Day” celebration, scheduled for May 30, 2025, in Manila. Following the incredible success of the 2024 event, which attracted over 500 cryptocurrency enthusiasts, this year promises an even grander experience. The venue for the event will be the spacious MetroTent in Ortigas, which will host festivities in collaboration with Tangem as the official partner.

“Bitcoin Pizza Day” commemorates a significant moment in cryptocurrency history—May 22, 2010, when Laszlo Hanyecz infamously made the first real-world purchase using Bitcoin by buying two pizzas for 10,000 Bitcoins. This event symbolizes Bitcoin’s evolution and the growth of the cryptocurrency community. Arravind Prabu, Co-Founder of CryptoBilis, expressed excitement about the upcoming event: “Last year’s gathering demonstrated the strength of the Philippine crypto community.

We aim to create an even more engaging experience in 2025.”

Attendees can expect a lively atmosphere at the event, featuring a larger venue for networking, delicious pizza, and an expanded exhibitor showcase with Web3 innovations. Industry leaders will deliver presentations on the latest developments in the cryptocurrency space. Participants can interact with key figures in the industry, enjoy giveaways, and partake in engaging activities.

Mike Biag, the CryptoBilis Philippines Lead, emphasized the importance of community, stating the goal is to foster celebration and connection. RC Pajaro, NFT Philippines Community Lead, echoed this excitement, looking forward to reuniting at the MetroTent. Event details include:

– Date: May 30, 2025
– Location: MetroTent, Ortigas, Manila
– Time: 3 PM – 12 PM
– Event Passes: Starting at PHP 299

Businesses interested in exhibiting or sponsoring the event and media representatives seeking passes are encouraged to reach out to the organizers via email or FB Messenger.

Join us as we celebrate the legacy of Bitcoin Pizza Day!

BNBInfinity has surpassed 420 BNB in global deposits, positioning itself as a leading yield farming protocol on the Binance Smart Chain in 2025. With a focus on verifiable returns and multi-tiered referral rewards, it has attracted a growing user base across more than 40 countries. As decentralized finance (DeFi) adoption gains momentum worldwide, BNBInfinity stands out by combining transparency, user empowerment, and community-driven scalability. The platform, recently launched on the Binance Smart Chain, has already demonstrated significant investor confidence and global reach.

BNBInfinity offers a user-friendly yield farming model characterized by daily returns ranging from 7.8% to 17%, flexible investment plans (7, 15, and 30 days), and a robust 5-Level Referral System providing up to 11.5% in rewards. Its smart contract is fully verified, ensuring users can engage without concerns over privileged functions or admin controls. Further, BNBInfinity is attracting participants from diverse regions, including India, the Philippines, Nigeria, Brazil, and more. Each of these markets benefits from rapid referral network growth and community-led education initiatives, bolstered by individual contributions of over 20 BNB in some regions like the US and UK.

The potential returns showcase BNBInfinity’s effectiveness. By following a simple reinvestment strategy, a user can potentially grow their investment significantly within a 90-day cycle. For example, starting with 1 BNB under the 30-Day Plan can yield over 12 BNB, highlighting the power of compound interest without the need for referrals. Security remains a primary focus, with BNBInfinity employing an immutable contract, no central admin wallet, and fully audited code.

The platform’s decentralized approach is designed to instill user trust as it expands through community engagement and a strong referral incentive structure. As it builds momentum in the DeFi landscape, BNBInfinity is establishing itself as a credible, accessible, and high-performance platform for investors seeking advantageous yield farming opportunities.

In mid-April, Solana successfully addressed a critical vulnerability that had the potential to allow unlimited token minting. The Solana Foundation announced this fix on May 3, two weeks after the issue was resolved, citing security concerns that intended to prevent any attackers from exploiting the flaw if it were disclosed earlier. However, this announcement led to a considerable debate rather than praise, particularly from the Ethereum community.

Ethereum supporters, notably Ryan Berckmans, criticized Solana for its perceived centralization. Berckmans pointed out that Solana lacks client diversity, meaning its execution software is limited to a single client. According to him, this makes any bugs on the client, like the one recently addressed, effectively protocol bugs.

In contrast, Ethereum operates with four active execution clients, which mitigates the risk of network failures and attacks. Berckmans emphasized that Ethereum, both on Layer 1 and Layer 2, poses a significantly lower risk for large institutional investments. He argued that capital trends support Ethereum as the superior choice for long-term investors such as corporations and governments.

Responding to the criticism, Solana’s co-founder Anatoly Yakovenko downplayed the concerns raised by Ethereum advocates. He pointed out that major players in Ethereum’s ecosystem also included a handful of validators, indicating that centralization issues are not unique to Solana. At the time, Solana’s market sentiment remained neutral, suggesting potential price fluctuations.

Following a notable high of $157, SOL experienced a decline of nearly 10%, trading at around $143. This dip might represent a buying opportunity, provided it remains within certain moving average thresholds, although a sustained dip below them could indicate a bearish trend.

Florida has withdrawn its ambitious plan to incorporate Bitcoin into its state treasury, marking a significant pause in state-led cryptocurrency adoption. Two proposed bills, HB 487 and SB 550, aimed at allocating up to 10% of specific public funds into Bitcoin. However, as the legislative session concluded on May 3, these measures did not reach a floor vote and were indefinitely postponed. Bitcoin Laws, a researcher in this area, highlighted the lack of progression by confirming that these bills did not pass before the legislature adjourned.

This withdrawal places Florida alongside several other states that have abandoned crypto reserve initiatives, including Wyoming, South Dakota, North Dakota, Pennsylvania, Montana, and Oklahoma. Despite the rising speculation regarding federal-level Bitcoin adoption, state initiatives have faced significant challenges. Polymarket data suggests a 0% probability that Donald Trump will introduce a national Bitcoin reserve within his first 100 days in office, which remains unchanged even after his executive orders reflecting such intentions. Nevertheless, optimism persists with a forecasted 59% probability that a U.S. Bitcoin reserve could emerge by 2025.

On the other hand, Arizona briefly led the charge for state engagement with Bitcoin before Governor Katie Hobbs vetoed House Bill 1025, citing the untested nature of digital assets. This bill would have allowed the state to convert seized assets into Bitcoin, demonstrating a proactive approach that was ultimately halted. Amid this retreat from cryptocurrency initiatives, North Carolina is stepping forward. Its House of Representatives recently passed the “Digital Assets Investment Act” (HB92), allowing the state treasurer to invest up to 5% of certain funds in evaluated digital assets.

This positions North Carolina as a potential leader in government-backed cryptocurrency investments, showcasing a distinctly different approach compared to other states.

Ethereum is heading into May with a notable upswing that cannot be overlooked. As of now, its trading price stands at $1,830.23, reflecting a 15.3% increase over the past two weeks.

Despite being capped under the $1,900 resistance level, there are strong bullish indicators lurking beneath the surface. While Ethereum’s ascent to the $2,000 mark appears relatively calm, significant movements and internal upgrades are subtly influencing the market, suggesting that a rally could follow as momentum builds.

Several bullish catalysts are contributing to this quiet but significant surge in Ethereum’s performance. Recent analyses indicate that Ethereum’s market price is trading at a discount compared to on-chain transaction volumes.

This divergence points to a potential misalignment between its Market Value and Realized Value, hinting that Ethereum may be fundamentally undervalued. Additionally, the count of active whale addresses (holding 1,000–10,000 ETH) saw a rise to 117, coinciding with a recent price dip to the $1,400 range, indicative of strategic accumulation by larger entities during market downturns.

The influx of institutional investment further supports this notion, with the Ethereum ETF market experiencing $6.5 million in net inflows, primarily from Fidelity’s FETH fund, signaling a bullish outlook from significant investors. Moreover, the structural shifts in the market are enhancing Ethereum’s potential.

The U.S. Securities and Exchange Commission (SEC) has approved VanEck’s Ethereum ETF, which not only provides exposure to Ethereum’s price movements but also offers annual staking rewards of up to 5%. This comes at a time when the Total Value Locked (TVL) in DeFi has surged from $114 billion to $121 billion in just a month, indicating rising interest from both institutional and retail investors.

As more individuals view Ethereum as a store of value or staking opportunity, these developments reinforce the likelihood of Ethereum reaching its $2,000 target in May.