Looking for the latest happenings in the crypto world? Here's a roundup of today’s most impactful news on Bitcoin, blockchain, DeFi, NFTs, Web3, and crypto regulations.

Winklevoss Twins Donate $2M in Bitcoin to Support Trump

In a move that surprised no one, Cameron and Tyler Winklevoss have pledged $1 million each in Bitcoin to help Donald Trump return to the Oval Office. The Winklevoss twins, founders of the Gemini cryptocurrency exchange and long-time crypto enthusiasts, criticized President Joe Biden's stance on cryptocurrency. Tyler Winklevoss stated that Biden is anti-crypto and dismissed any claims to the contrary as misinformation. Cameron echoed his brother’s sentiments in a follow-up post.

Bitcoin Miner Reserves Hit 14-Year Low

The amount of Bitcoin held by miners has reached its lowest point in over 14 years, according to IntoTheBlock data. On June 19, miner reserves dropped to 1.90 million BTC, down from 1.95 million BTC at the start of the year. Lucas Outumuro, head of research at IntoTheBlock, explained that as Bitcoin halving approaches, miners are likely to sell more of their reserves due to increasing pressure on their profit margins.

Shkreli Claims Barron Trump Holds Keys to DJT Token

In a surprising revelation, Martin Shkreli, also known as "Pharma Bro," claimed that Barron Trump, the 18-year-old son of Donald Trump, launched the Solana-based TrumpCoin (DJT) token with his father's approval. Shkreli, who served over six years in prison for securities fraud, hosted a seven-hour X Spaces session where he disclosed that Barron holds the private keys to the DJT token's smart contract. According to Birdseye data, the token is now worth $146 million.

Shkreli stated that he only provided advice to Barron and did not actively participate in the token’s deployment. He alleged that Barron Trump was the actual creator of DJT, with involvement from cryptocurrency influencer "Ansem." Shkreli asserted, "I taught someone how to make a contract, and they pushed the button, not me. Keys are with Trump, not me."

That wraps up today's significant events in the crypto world. Stay tuned for more updates as the market continues to evolve.