Solana Meme Coin Launched From Trump's Crypto Dinner Fails to Catch Fire

The recent data breach at Coinbase, discovered 136 days after occurring, exposed personal details of 69,461 users. Despite investor concerns, Coinbase stock price has rebounded, reaching its highest since February. Meanwhile, MicroStrategy faces a class action lawsuit over alleged misleading statements about Bitcoin risks.

Over $1 billion flowed into Bitcoin and Ethereum exchange-traded funds, with BlackRock's iShares Bitcoin Trust leading with $877 million in net inflows. Bitcoin's recent price surge has driven investor interest, with Ethereum ETFs also seeing over $110 million in inflows on Thursday.

On-chain data reveals that most TRUMP meme coin VIPs sold or otherwise transferred their tokens after the exclusive gala dinner at Trump National Golf Course. Despite the average VIP holding dropping to $2.11 million, top holders like Justin Sun still maintain significant TRUMP balances.

Bragar Eagel & Squire, P.C. is investigating potential legal claims against Semler Scientific for possible violations of federal securities laws. The U.S. Department of Justice has been looking into Semler's reimbursement claims since 2017, with recent failed attempts to settle the matter.

Off the Grid is transitioning players to the GUNZ mainnet, where in-game items can be traded for GUN tokens. Despite only 0.13% of players being able to trade, the marketplace is active with NFT-based game items selling for thousands of dollars.

BlackRock's IBIT exchange-traded fund saw record trading volume of $5.2 billion, with $877 million inflows on Thursday. Bitcoin's surge to $111,807 propelled the fund to the top spot, accumulating $45 billion over its lifetime.

Altcoin prices dropped following U.S. President Trump's tariff threats on the EU and Apple, with Ethereum down 4.1% to $2,550, XRP and Dogecoin falling 3.6% to $2.35 and $0.23, and Solana dipping 0.8% to $177. Trump's trade conflict warnings impacted various markets, including crypto and gold.

Trung Nguyen of Danvers, Massachusetts, operated an unlicensed money transmitting business, converting over $1 million into crypto for scammers and a drug dealer. He used encrypted messaging apps and split cash deposits to conceal his illegal activities, leading to a six-year prison sentence.

Bitcoin surged to a new all-time high of over $111,000 before President Trump's tariff announcement, causing a 1.8% drop. Analysts debated the rally's uniqueness, citing institutional support and reduced leverage. Ethereum and XRP also experienced price declines.