Trump Rakes in $1B While While Everyone Else Loses Out 📈
I know you probably held through the ETF approvals, the halving hype, and the post-election pump all the way to $126k. You were this close to feeling like a genius. We all were… Many of us actually. But then, Bitcoin does its thing and goes down halfway below its all-time high. Now, that wasn’t the plan.
But there seems to be some exception here, because while the rest of us watched our unrealized gains evaporate into thin air, Trump's crypto portfolio quietly crossed $1 billion, pulling in over $500 million from token sales. Decentralization, they said. Trustless, they said. But it does look like depositors are finally getting paid back while the market dumps energy, honestly.
Meanwhile, Europe is finally cleaning house after MiCA finally went live on July 1st, and roughly 2,400 unlicensed exchanges are now in the same position as an unverified wallet trying to move funds. Elsewhere, Germany's savings banks are about to let 80 million customers buy Bitcoin right next to their checking accounts. This is real adoption, guys, no narrative.
Here are the highlights:
- Trump Crypto Profits Hit $1B as Bitcoin Crashes 50% From Its ATH
- About 80% of The Roughly 3,000 Unlicensed Crypto Trading Platforms in Europe Face Closure Risk
- Coinbase Under Fire After AI Sends Fake Norway 3-2 World Cup Win Before Kickoff
- Germany's Savings Banks Are Opening Crypto Trading to 80 Million Customers
Trump Crypto Profits Hit $1B as Bitcoin Crashes 50% From Its ATH
President Trump and family crypto ventures cleared more than $1 billion in 2025, according to his latest federal financial disclosure. It was the same year that Bitcoin crashed more than 50% from its $126,000 all-time high, erasing every gain retail investors captured during the post-election euphoria. World Liberty Financial, or WLFI, Trump’s decentralized finance platform, which allows users to lend and borrow crypto assets, took in more than $500 million from token sales in 2025, according to the disclosure.
About 80% of The Roughly 3,000 Unlicensed Crypto Trading Platforms in Europe Face Closure Risk
PANews June 30 news, according to CoinDesk, the EU crypto-asset market regulatory framework MiCA will officially take effect on July 1, requiring crypto service providers to obtain a license or exit the market. The report says that of the roughly 3,000 unlicensed crypto trading platforms in Europe, about 80% may face shutdown risks due to failure to meet the deadline, or may stop serving local users, potentially affecting more than 10 million users who may be forced to migrate to compliant platforms.
Coinbase Under Fire After AI Sends Fake Norway 3-2 World Cup Win Before Kickoff
Coinbase AI has faced criticism for the event of July 5, 2026, when false news about Norway beating Brazil surfaced on their prediction market and went as follows: The news arrived before the said match was even played and the final score was listed, which simply could not have happened in this case. The mistake stemmed from the “Trends” section of Coinbase’s application, driven by an AI system that pairs machine-generated news and events causing trading possibilities.
Germany's Savings Banks Are Opening Crypto Trading to 80 Million Customers
Germany's Sparkassen savings-bank network and its cooperative banking sector are preparing to let ordinary customers buy and sell Bitcoin and Ether inside the same mobile apps they already use to check a current account. The Sparkassen group alone serves roughly 50 million retail clients, and the cooperative banks add another 30 million, which puts crypto access on a rail that reaches about 80 million customer relationships in a country of 84 million people, according to reporting on the combined rollout.
Other Highlights Worth Mentioning
Germany Puts Crypto Taxation on 2027 Budget Savings List – Binance
Bitget Launches Crypto Industry’s First Ever US Stock Options Trading – BeinCrypto
Americans traded $571 million on Polymarket politic bets despite U.S. ban – Coindesk
Australia’s new crypto transfer rules to make exchange withdrawals pass through identity checks – Cryptoslate
COINIGY FACT OF THE DAY
On this day, July 6, 2022, Voyager Digital, once one of the largest crypto lending platforms in the U.S. with over 3.5 million users, filed for Chapter 11 bankruptcy
The collapse was triggered by Voyager's $650+ million exposure to hedge fund Three Arrows Capital (3AC), a $350 million USDC and 15,250 BTC loan that 3AC defaulted on after its own implosion following the Terra/Luna crash. Just days earlier, on July 1, Voyager had frozen all trading, deposits, and withdrawals, disclosing $658 million in total assets, including $355 million in customer cash and $168 million in crypto. Sam Bankman-Fried's Alameda Research, which had thrown Voyager a $500 million lifeline weeks prior, was listed as its largest unsecured creditor, owed $75 million.
COINIGY MEME OF THE WEEK
