Today's Top Crypto Headlines:

Pump.fun Token Rumors | Trump Wallet Chaos | Coinbase vs. Oregon and more...

Author

King Fatrick Gil Añasco
June 05, 2025

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Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

  1. Pump.fun Token Rumors: Rumors of a $1B token sale and 10% airdrop from memecoin platform Pump.fun have sparked excitement and skepticism.

  2. Trump Wallet Chaos: Trump’s sons and even Barron Trump denied ties to the “Official $TRUMP Wallet,” despite promotions by Magic Eden.

  3. 💡Feature of the Day - Coinbase vs. Oregon: Coinbase filed to dismiss Oregon’s lawsuit, calling it a “copycat” of the SEC’s dropped case.


    All this and more in today’s headlines!

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📰 News Highlights:

Pump.fun Token Rumors [Source][Source][Source][Source][Source]

Solana-based memecoin platform Pump.fun is facing speculation over an unconfirmed $1 billion token sale at a $4 billion valuation, with a 10% community airdrop rumored to be part of the launch.

While some see the potential token as a money-making opportunity, critics argue it could worsen crypto's speculative culture.

The company hasn’t commented officially, fueling further confusion.

Influencers and analysts remain divided, with some excited for potential listings on exchanges like Hyperliquid, while others say the platform has already done more harm than good.

Critics question the need for more funding if the platform already holds nearly $700 million in revenue.

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Trump Wallet Chaos [Source][Source][Source][Source][Source][Source]

Confusion erupted around a newly announced “Official $TRUMP Wallet” after Donald Trump’s sons publicly disavowed it.

While Magic Eden and the TRUMP token team promoted the wallet launch, both Donald Trump Jr. and Eric Trump said the Trump Organization had no connection to the product and warned against unauthorized use of the family name.

Even Barron Trump made his first X post to distance the family from the wallet.

Despite this, the wallet’s website and promotional materials continue to reference Trump’s name.

💡 Feature of the Day: 

Coinbase vs. Oregon [Source][Source][Source][Source]

Coinbase has asked a federal court to dismiss a lawsuit filed by Oregon’s attorney general, calling it a “copycat” of the SEC’s earlier case.

In its motion, Coinbase argued that the state is overstepping by attempting to regulate crypto at a federal level and that such matters should be handled in federal court.

The company claims Oregon's suit, filed after the SEC dropped its own case, challenges national regulatory frameworks and creates legal fragmentation.

Oregon AG Dan Rayfield alleged that Coinbase sold unregistered securities and exposed consumers to fraud and manipulation.

😂 Crypto Meme of the Day: 

Meme of the day provided by @Paybis

And that’s it for this today.

See you all tomorrow’s edition!


Jonathan Gibson
UseTheBitcoin.com