Next weeks highlights
June 16
The Trump Organization: Major announcement coming June 16 ;
June 17
The U.S. Senate will hold a final vote on the GENIUS Act on June 17 ;
Nansen founder: The first season of the points program will be launched on June 17 ;
June 18
Sonic Labs: Plans to launch the second season of S airdrop on June 18 ;
June 19
The Federal Reserve announced its interest rate decision and Powell held a press conference ;
Others (specific time undetermined)
From June 16 to June 22, more noteworthy events in the industry are previewed below.
June 16
Trump Organization: Important announcement to be made on June 16
Odaily Planet Daily News: Trump Organization officially announced on X platform that the group will release an important announcement at Trump Tower in New York at 8 am Eastern Standard Time on June 16. It is reported that Trumps second son Eric Trump is currently the executive vice president of Trump Organization and one of the decision makers of the Trump familys crypto project World Liberty Financial. Previously, Trump Organization applied for a trademark with TRUMP to launch the Metaverse and NFT trading platform.
ARK 21 Shares Bitcoin ETF ARKB to conduct a 3:1 stock split on June 16
Odaily Planet Daily reported that ARK 21 Shares Bitcoin ETF ARKB will conduct a 3:1 stock split on June 16 to make the fund more acceptable to investors. The company said that the stock split will not affect ARKBs net asset value, stock code or investment strategy, and its shares will continue to trade under the same CUSIP.
Lido will shut down its staking service frontend on Polygon on June 16
Odaily Planet Daily reported that Lido has gradually shut down its staking services on Polygon. The transition period is from December 16, 2024 to June 16, 2025. On June 16, 2025, the front-end support will end and withdrawals can only be made through browser tools.
June 17
The U.S. Senate will hold a final vote on the GENIUS Act on June 17
Odaily Planet Daily reported that according to reporter @EleanorTerrett, the US Senate will hold a final vote on the GENIUS Act on June 17, and the specific time is to be determined.
US SEC postpones approval of Franklin XRP spot ETF until June 17
Odaily Planet Daily reported that according to official documents, the US SEC has postponed the approval of Franklin XRP spot ETF until June 17.
Bithumb: Plans to redeploy the virtual asset delay system and update withdrawal rules on June 17
Odaily Planet Daily reported that according to the official announcement, South Korean cryptocurrency exchange Bithumb announced that due to the recent increase in phishing attacks, it plans to redeploy the virtual asset withdrawal delay system on June 17, 2025. The withdrawal of virtual assets after the first Korean won deposit will be delayed by 72 hours, and the subsequent withdrawal of equivalent virtual assets recharged in Korean won will be delayed by 24 hours.
An example of the 24-hour withdrawal delay system is: if you have 1 million won currently and then deposit 2 million won, for a total of 3 million won, you can only withdraw 1 million won of virtual assets every 24 hours; if you deposit 2 million won and there was no previous balance in Korean won, the withdrawal of virtual assets will be restricted for 24 hours, and you can withdraw the equivalent of 2 million won after 24 hours.
Nansen founder: The first season of the points plan will be launched on June 17
Odaily Planet Daily News: Nansen founder Alex Svanevik posted on X that the first season of the Nansen Points Program (Nansen Points Season 1) will be launched on June 17. Users current operations such as staking, subscribing, and inviting on Nansen can be counted into the points balance on the same day.
June 18
Sonic Labs: Plans to launch S airdrop season 2 on June 18
Odaily Planet Daily reported that according to official news, the second season of S token airdrop on Sonic will be launched on June 18. The new system introduces a more dynamic structure for users and applications, aiming to reward real and continuous participation in the entire Sonic ecosystem. It is reported that there will be no passive points in the second season, only activity points.
June 19
The Federal Reserve announced its interest rate decision and Powell held a press conference
Odaily Planet Daily News: At 2:00 am Beijing time on June 19, the Federal Reserve FOMC will announce its interest rate decision and a summary of economic expectations. Then at 2:30 pm, Federal Reserve Chairman Powell will hold a monetary policy press conference.
Binance Alpha changes airdrop rules, will be distributed in two phases starting from June 19
Odaily Planet Daily News: Binance posted on social media that starting from June 19, 2025, the Binance Alpha airdrop will be distributed in two phases: Phase 1: Users with scores that meet the requirement (X) can receive it first, and everyone will have a share; Phase 2: The threshold is lowered to Y (Y < X), first come first served, until the prize pool is distributed or the event ends.
June 20
Odaily Planet Daily reported that the Monetary Authority of Singapore and the police plan to block the websites of unlicensed trading platforms Octa and XM from June 20. After the blocking takes effect, users will not be able to log in through Singapore Internet service providers. The Monetary Authority of Singapore and the police pointed out in a joint statement that the two platforms provided and promoted trading services such as leveraged foreign exchange trading, commodities, indices and stocks to local residents without obtaining licenses and qualifications, in violation of the Securities and Futures Act 2001. The two platforms also have cryptocurrency trading businesses. Most unregulated online trading platforms are located overseas, and the credibility of their operations is difficult to verify, and the risk of fraud is extremely high. It is reported that Octa is operated by Octa Markets and Uni Fin Invest, and XM is operated by XM Global. (South China Morning Post)
June 21
None
June 22
None
Others (specific time undetermined)
Odaily Planet Daily reported that cryptocurrency entrepreneur Anthony Pompliano is reportedly planning to launch a new Bitcoin investment tool with the goal of raising $750 million. Pompliano is expected to serve as CEO of ProCapBTC, a special purpose acquisition company (SPAC) that plans to merge with the listed Columbus Circle Capital 1.
It is reported that under the leadership of Anthony Pompliano (discussions are still ongoing), ProCapBTC will seek to raise $500 million in equity financing and $250 million in convertible debt through a merger with Columbus Circle Capital 1. Columbus Circle Capital 1 is backed by investment bank Cohen Company. The ProCapBTC transaction may be announced as early as next week, but the specific terms have not yet been finalized. (Cointelegraph)
Source: US SEC requires Solana ETF issuer to submit revised S-1 form next week
Odaily Planet Daily News: Three people familiar with the matter said that the U.S. Securities and Exchange Commission (SEC) has asked potential Solana ETF issuers to submit a revised S-1 form within the next week. Two of the sources added, The agency informed the issuer that it will comment on the S-1 document within 30 days of submission. The SEC asked the issuer to update the wording on physical redemptions and how the issuer handles pledges, adding that the agency seems willing to include pledges as part of the Solana ETF. Another source estimated that these updates could make the Solana ETF expected to be approved within three to five weeks. James Seyffart of Bloomberg Industry Research said he expects approval this year, possibly as early as July. We believe that the SEC may now focus on processing Solanas 19 b-4 application and pledge ETF earlier than planned, Seyffart wrote in a report this week. Issuers and industry participants may have been working with the SEC and its cryptocurrency working group to develop rules, but the agencys deadline for making a decision on such applications is October.
According to Odaily Planet Daily Community, the Solana ecosystem re-staking project Fragmetric is suspected to launch 10,000 NFTs on MagicEden next week. The minting price of the NFT is 1 SOL, and Fragmetric will distribute 0.75% of the tokens to the holders of the NFT.
According to the disclosure of Solana developer @Michae l0 1 c_, Fragmetric will distribute whitelists to multiple Solana ecosystem projects including Exponent, Loopscale, Switchboard, and RateX, including Loopscale, RateX, etc. to release their respective whitelist distribution plans through official channels.
