Trump Media Files Bitcoin and Ethereum ETF Bid as Polymarket Nears One Billion Valuation

Leaked US Intel: Trump’s Iran Strikes Only Delayed Nuclear Program by Months

A classified US intelligence report has concluded that President Trump’s recent airstrikes on Iran only delayed Tehran’s nuclear program by a few months, contradicting Trump’s claim that the sites were “obliterated.” The strikes, carried out by B-2 bombers and a submarine, sealed entrances to some facilities but failed to destroy underground structures or Iran’s uranium stockpile. While the White House confirmed the report’s authenticity, Press Secretary Karline Leavitt called it “flat-out wrong” and accused the leak of being politically motivated. Iran stated it had already prepared to resume operations and retains enriched uranium, with officials asserting “the game is not over.” The large-scale US operation involved over 125 aircraft and marked a shift from Trump’s earlier diplomatic efforts.

NYSE Files to List Trump Media’s Bitcoin-Ethereum ETF as Crypto Push Intensifies

The New York Stock Exchange filed a rule change Tuesday to list an ETF from Trump Media & Technology Group that would track Bitcoin and Ethereum, featuring a 75/25 BTC-ETH split. The move follows a recent prospectus filing and deepens Trump Media’s expansion into crypto through its partnership with Yorkville America and Crypto.com, which will serve as custodian and liquidity provider. The filing signals increasing regulatory openness to crypto under Trump’s leadership, with more “America First” crypto products in development.

ProCap Buys $395M in Bitcoin After $750M Raise and $1B SPAC Announcement

ProCap, a Bitcoin treasury firm founded by Anthony Pompliano, acquired 3,724 BTC worth roughly $395 million at an average price of $103,785 per coin. The purchase came just one day after ProCap revealed a $1 billion SPAC merger with Columbus Circle Capital to become a public company. This move follows a $750 million capital raise and marks ProCap’s first Bitcoin acquisition, with plans to hold up to $1 billion in BTC post-merger. The firm joins a growing list of public companies adding Bitcoin to their treasuries, a trend popularized by Michael Saylor’s Strategy. Currently, over 245 public firms collectively hold more than $88 billion in Bitcoin.

Polymarket Nears $200M Funding Round Led by Founders Fund, Eyes $1B Valuation

Decentralized prediction market Polymarket is close to securing a $200 million funding round, with major backing from Peter Thiel’s Founders Fund, according to The Information. The raise would give the blockchain-based platform a valuation of $1 billion. Polymarket gained wide recognition during the 2024 U.S. elections after its users accurately predicted the outcome, driving $3.7 billion in trading volume. While activity has declined since, it remains above September 2024 levels, per Dune Analytics. The crypto community has speculated about a potential token launch, and the company reportedly considered one during a $50 million funding discussion last year. This new round builds on a $45 million raise in May 2024 and an earlier $25 million round led by General Catalyst. Despite its popularity among traders and analysts, Polymarket faces ongoing regulatory pressure. It has blocked users from France due to legal scrutiny, and U.S. participation remains technically prohibited. Founder Shayne Coplan was raided by the FBI in late 2024 amid allegations of unlawful access by U.S. users and market manipulation.

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