JPMorgan Chase Bank, N.A. has submitted a trademark application to the U.S. Patent and Trademark Office (USPTO) for “JPMD.” This new service mark could represent the bank’s next step in digital asset services, including trading, transfers, and crypto payments. JPMorgan ‘JPMD’ Trademark For Crypto Payment According to a filing dated June 16, JPMorgan Chase has
Bitcoin treasury activity accelerated sharply between June 30 and July 4, with major signals coming from both startups and established firms. In total, 54 announcements were recorded, revealing movement of over 8,400 BTC into corporate wallets. This sharp uptick marks one of the most active weeks for BTC treasury growth in 2025. Figma Joins Bitcoin
Some altcoins are heating up as speculation swirls around TRUMP and its recently announced exclusive Gala Dinner and White House tour for the top 220 TRUMP holders, sparking a frenzy in the market.
While TRUMP has dominated headlines, several related and narrative-driven altcoins are also gaining traction and could see major moves in the lead-up to the event. Here are three altcoins to watch before Trump’s Gala Dinner: TRON (TRX), ConstitutionDAO’s PEOPLE token, and the Official Melania Meme (MELANIA).
According to Arkham Intelligence, a cold storage wallet associated with HTX—an exchange linked to Sun—has claimed the top spot on the official TRUMP leaderboard.
While the identity behind the wallet hasn’t been confirmed, the speculation alone has spotlighted TRUMP and Tron (TRX), potentially driving renewed interest and demand for the token.
If TRX catches momentum from this attention, it could break above key resistance levels at $0.249, $0.255, and $0.259. A strong rally could propel the price toward $0.30, possibly as high as $0.40—territory it hasn’t seen since December 3, 2024.
While the rumors remain unconfirmed, the narrative surrounding Sun’s potential involvement is already energizing the Tron ecosystem.
ConstitutionDAO (PEOPLE)
ConstitutionDAO was a short-lived but historic experiment in Web3 coordination. In November 2021, a group of crypto enthusiasts formed a decentralized autonomous organization (DAO) with the ambitious goal of purchasing one of the original copies of the U.S. Constitution at a Sotheby’s auction.
With only 13 known physical copies, the event attracted massive public attention and intense bidding competition.
Although the DAO ultimately lost the auction and has since been dissolved, its native token, PEOPLE, remains active and continues to trade in the crypto market.
The token has recently formed golden crosses—a bullish technical signal that occurs when short-term moving averages cross above long-term ones—suggesting growing upside momentum.
If this strength continues, PEOPLE could be on track to test key resistance levels at $0.0174, $0.0193, and potentially even $0.0239.
Official Melania Meme (MELANIA)
MELANIA, the meme coin inspired by former First Lady Melania Trump, was launched just days after the TRUMP token and has remained closely tied to its narrative.
While MELANIA has seen a significant drop from its all-time high, it could benefit indirectly from the hype surrounding Donald Trump’s upcoming Gala Dinner for top TRUMP holders.
As attention builds around TRUMP and its community, spillover interest could reignite momentum for tokens like MELANIA, especially among traders chasing political meme coin trends.
A graphical error on TradingView caused Bitcoin to temporarily wick to zero on MEXC. This caused a social media uproar, but the glitch was not visible on MEXC’s own platform.
Nonetheless, MEXC’s trading volume spiked over 51% in the last 24 hours. Unverified rumors can take off like wildfire if not addressed, potentially leading to token dumps and market chaos.
This immediately caused a social media uproar, as such an error in Bitcoin’s price would severely impact MEXC users. If BTC went from over $100,000 to $0, this would immediately liquidate all users’ long positions. Such a scandal might be worse than Hyperliquid’s JELLYJELLY incident, as this would be caused by a site error instead of trader activity.
However, MEXC’s team went on social media to address the alleged Bitcoin wick, claiming that it only happened on TradingView’s own site:
“We have recently become aware of some posts circulating on certain accounts claiming that MEXC’s BTC candle wick dropped to 0. We would like to clarify that this was simply a display error on the TradingView platform on June 5, and there was no such issue on MEXC’s official website, where everything has been functioning normally,” developers stated.
The MEXC team went on to claim that it was collaborating with TradingView to diagnose the Bitcoin display error and prevent it from happening again. It also urged the community to independently verify social media rumors and contact customer support in the event of a problem. Still, this announcement happened hours after the glitch.
MEXC’s trading volume spiked over 51% in the last 24 hours, mostly occurring after the Bitcoin display error. However, at the moment, it’s unclear if this heightened volume was due to users dumping assets, but such a thing is possible.
All that is to say, this demonstrates the importance of verifying information and fighting false rumors. MEXC didn’t have anything to do with the Bitcoin display error, but it still faced accusations of being a fraudulent business. The crypto sector is fast-paced and trades on community sentiment, after all. It needs strong guardrails to prevent accidents from blowing up.
BeInCrypto has reached out to MEXC, but we are yet to hear back.