About
WLFI
Ended--
Last price (USDT)
1.46M
24h total (USDT)
6.67M
Total vol (USDT)
2025-08-23 14:00:00 ~ 2025-09-01 12:30:00
Trading time (UTC+0)
2025-09-01 14:00:00 ~ 2025-09-01 18:00:00
Delivery time (UTC+0)
Total supply100.00B
Resources
Introduction
World Liberty Financial, Inc. is inspired by Donald J. Trump’s vision to pioneer a new era of Decentralized Finance (DeFi), with a mission to democratize financial opportunities and strengthen the US Dollar’s global status through US dollar-based stablecoins and DeFi applications.
WLFI Extends Downtrend with 6% Drop, But Technicals Hint at a Potential Bottom
WLFI drops again as long liquidations spike, yet support near $0.11 starts to regain attention. Treasury debate fuels pressure while clustered technical signals form near a likely support zone. Market fear rises, and WLFI edges toward a band that halted two declines earlier in the year. The WLFI token extended its multi-week decline on Thursday, falling another 6% as a mix of market fear, leveraged liquidations, and governance uncertainty kept pressure on the token. The drop adds to a deeper weekly pullback of roughly 12%, continuing a downtrend that began after the September peak near $0.25. Still, a cluster of technical markers is beginning to gather near a familiar support zone, offering the first signs of potential stabilization. Extended Selling Pressure as WLFI Breaks Below Key Moving Averages The token’s slide has kept it pinned below key short-term moving averages, reinforcing a trend that traders have struggled to counter. The 20-day sits near $0.1474, and the 50-day is slightly lower at $0.1434, both positioned above WLFI’s latest print around $0.1281. That arrangement tends to show momentum leaning decisively toward sellers. Derivatives data echoes the same direction. Long-side liquidations spiked to about $3.31 million over the past day, according to CoinGlass, while short liquidations barely moved, totaling only $6.69K. Source: CoinGlass The imbalance suggests that long positions continue to get forced out during sharp moves, which usually leaves traders retreating into lower-risk stances and, in some cases, flipping into shorts simply to avoid further damage. Similarly, funding rates haven’t budged out of negative territory either. Source: CoinGlass At press time, the weighted rate stands at -0.0310, a level that signals short sellers are paying to keep their positions open. That pattern has lingered since early November and has become one of the more persistent features of WLFI’s recent bearish trading landscape. Treasury Proposal Splits Community and Adds a Second Layer of Pressure The WLFI’s internal governance debate has only deepened the tension. The team proposed using 5% of its treasury to drive new adoption of USD1, its dollar-pegged stablecoin. As per the report, the funds would support partnerships across centralized and decentralized markets and were pitched as a way to strengthen USD1’s position. But early reaction hasn’t leaned in the team’s favor. Roughly 53% of initial voters rejected the plan, citing concerns about treasury discipline and the strain that additional token unlocks could place on an ecosystem already managing 26.7 billion WLFI in circulation. Other holders questioned whether the team should prioritize USD1 expansion when the stablecoin’s roughly $2.7 billion footprint still trails larger competitors such as PYUSD. However, the vote closes on December 19. Until then, traders appear reluctant to commit to major positions, leaving WLFI more exposed to wider market swings. Macro Environment Turns Risk-Off as Bitcoin Dominance Rises On the other hand, WLFI’s struggles are unfolding in a broader environment marked by hesitation. The Fear & Greed Index stands at 22, reflecting “Extreme Fear,” while Bitcoin’s dominance now sits at 59.4%. Such sentiments hint that capital is rotated toward the market’s most liquid asset, often at the expense of smaller tokens. Source: CoinMarketCap The total crypto market slipped only 0.46% in the past 24 hours, but WLFI’s sharper 6% drop placed it among the weaker performers. This type of environment typically amplifies the impact of internal disputes or a weak technical posture. With risk appetite fading, traders tend to avoid assets with unresolved governance narratives or inconsistent liquidity. Related: XRP Price Stalls at $1.80 Key Support: Freefall Ahead or Fresh Bounce? Technical Confluence Points to a Possible Bottom Near $0.11–$0.10 Even so, the chart is nearing a band that has stopped sell-offs before. The $0.11–$0.10 region has generated rebounds twice this year, and WLFI is inching back toward it again. The zone lines up with the 23.60% Fibonacci level, which adds a bit of structure for traders looking for any sign of stabilization. Market-profile data support the same range. WLFI has now traveled from its Value Area High, through the Point of Control, and eyes the Value Area Low, positioned right inside that $0.11–$0.10 pocket, creating a stack of overlapping support signals. Source: TradingView When multiple frameworks point to the same landing zone, traders tend to take note, even in a downtrend this steep. Besides, momentum readings are approaching their own limits. The RSI is parked around 32, near oversold territory. While not a guarantee of reversal, readings in this neighborhood frequently accompany slower downside follow-through. For now, WLFI remains under clear pressure. Yet for the first time in weeks, several unrelated indicators are pointing to the same zone. Traders watching for a potential bottom are likely to focus squarely on whether the $0.11–$0.10 level holds in the days ahead.
ALT5 Sigma CEO: The company holds approximately 7.3 billion WLFI tokens, valued at nearly $1 billion
According to Odaily, Tony Isaac, CEO of ALT5 Sigma Corporation (ALT5), stated in a letter to shareholders that the company has established an undervalued payment infrastructure that has processed over $5 billions in digital asset transactions, serving corporate and institutional clients across multiple jurisdictions. The ALT5 Pay and ALT5 Prime platforms are real-time operating systems that handle daily crypto-to-fiat settlements, card issuance, and institutional trading. Isaac noted that AlphaTON Capital and PagoPay have chosen ALT5’s infrastructure for the Mastercard crypto spending program, validating the company’s technology and commercial partnership value. As AlphaTON develops payment applications within the TON ecosystem, ALT5’s infrastructure will support applications with significant potential scale. ALT5 is exploring the integration of World Liberty Financial Inc.’s USD1 stablecoin (with a total supply exceeding $2.7 billions) into its payment platform. ALT5 holds approximately 7.3 billion WLFI tokens, currently valued at about $1 billion. The company plans to strategically deploy these assets to generate returns, increase the number of tokens per share over time, and simultaneously grow its core payment business. Isaac pointed out that there is a significant gap between ALT5’s current market capitalization ($155.5 millions) and the value reflected on its balance sheet, with the market valuing the company’s WLFI token holdings far below their potential value. The company will narrow this valuation gap through comprehensive strategies such as strengthening financial reporting processes, achieving business growth, optimizing WLFI holding returns, and transparent communication. ALT5’s traditional biotechnology business, Alyea Therapeutics, is advancing clinical trials for non-addictive pain treatments, and the company will evaluate its strategic optimization plans. (businesswire)
World Liberty Financial Eyes $120M Treasury Spend to Boost USD1 Adoption
Tags Stablecoin World Liberty Financial (WLFI) Previous Crypto, Conflict, and Corruption: Inside Central African Republic’s Digital Gamble Next Global Tech Leaders Unite to Shape the Future of Blockchain and Web3 Innovation
World Liberty Proposes Using Treasury Funds to Expand USD1 Stablecoin Supply Across Markets
World Liberty Financial governance vote could release up to 5% of treasury funds to expand USD1 adoption across crypto markets. USD1 has reached nearly $3 billion in value locked within six months despite intense stablecoin competition. World Liberty aims to boost partnerships liquidity and real world use while expanding USD1 across more blockchains. World Liberty Financial has introduced a proposal that could reshape how its USD1 stablecoin expands across crypto markets. The plan centers on deploying a portion of treasury assets to support wider circulation of USD1. 🚨 GOVERNANCE UPDATE 🚨 A new proposal is now LIVE for voting from the community: using a portion of the unlocked WLFI treasury as incentives to fuel USD1 adoption. Over the last 3 weeks alone, WLFI has: • Bought back $10,000,000 of WLFI using USD1 • Secured major spot… — WLFI (@worldlibertyfi) December 17, 2025 An on-chain governance vote will decide the outcome of the community members. The suggestion comes as dollar-pegged stablecoins competition enhances both centralized and decentralized platforms. Treasury Strategy Targets Stablecoin Growth The proposal outlines using less than 5% of unlocked treasury tokens to increase USD1 supply. These funds would support incentives, partnerships, and liquidity programs tied to adoption. The focus remains on both centralized exchanges and decentralized finance protocols. World Liberty aims to strengthen its market presence without exhausting reserve assets. Governance participants can choose to approve limited treasury use, reject the proposal, or abstain from voting. The treasury currently holds nearly 20 billion WLFI tokens. Based on market pricing, this reserve stands near $2.4 billion. A 5% allocation would represent roughly $120 million. World Liberty relies on its treasury to fund ecosystem development and external collaborations. The proposal reflects a shift toward targeted deployment rather than passive reserve management. The strategy follows earlier governance approval for a full token buyback and burn plan. That earlier decision relied on treasury liquidity fees. USD1 Performance and Competitive Position USD1 has recorded rapid growth since its launch earlier this year. The stablecoin has reached close to $3 billion in total value locked within six months. Strong on-chain trading activity has driven much of this expansion. Integrations with major platforms have also supported usage. Despite this growth, USD1 remains behind several established competitors. It currently ranks among the top ten USD-pegged stablecoins by market capitalization. However, it trails leaders such as USDT, USDC, and PayPal’s PYUSD. The proposed treasury deployment seeks to narrow this gap. World Liberty has emphasized transparency around incentive distribution. The community has verified that treasury-backed rewards would remain openly disclosed. The project credits real-world integrations for sustaining momentum. Even so, market share remains concentrated among older stablecoins. Broader Ecosystem and Network Expansion In addition to treasury incentives, World Liberty still has a wider range of expansion plans. The project has heralded plans to tokenize real-life assets, such as commodities such as oil. This effort aims to bridge traditional finance and decentralized platforms using USD1. USD1 has expanded across several blockchain networks since launch. It debuted on Ethereum and BNB Chain. Later integrations included Solana, TRON, Aptos, and AB Chain. Discussions have also emerged around potential integration with additional networks, including Cardano. USD1 stablecoin recently got listed on Coinbase’s roadmap as an ERC-20 token on the Ethereum network. The team has pursued both retail and institutional use cases. Planned offerings include a crypto-linked debit card compatible with Apple Pay. These efforts reflect a push toward everyday payment utility. Governance, Market Standing, and Scrutiny If approved, the treasury allocation would directly support partnerships and liquidity programs. These efforts aim to expand network activity governed by WLFI holders. Increased USD1 circulation would also expand governance scope and ecosystem influence. USD1 currently holds a market capitalization near $2.74 billion.This makes it the seventh-largest USD-pegged stablecoin. This ranking puts it in direct competition with long-established market leaders. World Liberty Financial announced plans for a January launch for new crypto products backed by its USD1 stablecoin. Meanwhile, the project has also been subject to criticism regarding political affiliation. There have been concerns among observers regarding offshore supply concentration. Additionally, the project has not released a public reserve report since July. These factors continue to draw attention as governance voting proceeds. Tags: Blockchain Crypto market cryptocurrency Governance USD1 stablecoin WLFI World Liberty
World Liberty Financial proposes using 5% of WLFI treasury to support USD1
The World Liberty Financial team has proposed using 5% of the project’s treasury to expand adoption of its USD1 stablecoin through strategic partnerships and ecosystem incentives. Summary World Liberty Financial has proposed unlocking 5% of its WLFI token treasury to support USD1 growth. USD1 currently ranks as the seventh-largest USD-pegged stablecoin. According to the proposal posted on the World Liberty Financial governance forum, the Trump family-backed project wants to increase the supply of USD1, which it believes would directly enable “demand for WLFI-governed services, integrations, liquidity incentives, and ecosystem programs.” “The success of USD1 directly strengthens WLFI because USD1 adoption expands the overall footprint, utility, and economic activity of the entire WLFI ecosystem,” the team wrote. As per the proposal, the additional supply would be used to support “high-profile CeFi and DeFi partnerships” that can accelerate adoption and also help USD1 keep pace in an “increasingly competitive stablecoin landscape.” “Increased USD1 adoption creates more opportunities for value capture across the WLFI ecosystem, which accrues to the benefit of WLFI-governed initiatives and long-term token utility,” it said. WLFI holders are expected to directly benefit as they “gain governance power over a larger, more valuable network,” giving them greater influence over the direction of the platform. If the proposal is approved by governance participants, World Liberty plans to use 5% of its treasury funds. Per WLFI’s tokenomics, 19.96 billion of the total WLFI supply was allocated to the treasury, which would translate to roughly $120 million based on current prices. WLFI stakeholders can now vote either for, against, or abstain from the proposal. World Liberty Financial pushes for USD1 adoption With a market cap of $2.74 billion, USD1 currently stands as the seventh-largest USD-pegged stablecoin competing against already established leaders like USDT and USDC. The WLFI team has undertaken various initiatives to boost USD1’s use across retail and institutional markets, and plans to introduce new products like a crypto-linked debit card that connects with Apple Pay. USD1 has also expanded across multiple blockchain networks since its debut, initially launching on Ethereum and BNB Chain before later integrating with Solana, TRON, Aptos, and AB Chain over the past months. However, the stablecoin has also come under scrutiny for its association with President Donald Trump and his family. Concerns have centered on the fact that most of the stablecoin’s supply is held offshore, and the project has not released a reserve report since July.
WLFI Token Buyback: A Stunning $10M Move That’s Reshaping Confidence
In a bold move that’s capturing the attention of the crypto world, World Liberty Financial (WLFI) has executed a massive WLFI token buyback worth $10 million. This strategic initiative, powered by their USD1 stablecoin, wasn’t just a transaction—it was a powerful statement about treasury management and long-term value. Completed over just three weeks, this action signals a new chapter for the project and offers a compelling case study for other protocols. Let’s break down what happened and why it matters for investors and the broader market. What Exactly Was the WLFI Token Buyback Initiative? Following a successful community vote, World Liberty Financial activated a portion of its treasury. The goal was clear: to directly support the adoption of its native stablecoin, USD1, while simultaneously strengthening the core WLFI token. The mechanism was straightforward yet effective. The protocol used USD1 to purchase WLFI tokens from the open market, effectively removing them from circulation. This process, known as a buyback and burn or simply a treasury buyback, is a common deflationary tactic in traditional and crypto finance to increase scarcity and perceived value. Why Is This $10M Buyback Such a Big Deal? You might wonder why a single buyback makes headlines. The scale and execution provide the answer. A $10 million WLFI token buyback is a substantial commitment that demonstrates several key strengths: Strong Treasury Reserves: It proves the project has significant, liquid capital to deploy for ecosystem growth. Confidence in USD1: Using their own stablecoin for the buyback validates its utility and stability as a medium of exchange within their economy. Alignment with Holders: Reducing token supply benefits long-term holders by potentially increasing the value of remaining tokens. Moreover, the concurrent launch of a USD1 trading pair on Binance provides crucial liquidity and accessibility, creating a positive feedback loop for the entire ecosystem. What Are the Real-World Benefits and Challenges? This strategic move isn’t without its nuances. On the benefit side, it immediately boosts market sentiment. Seeing a project invest heavily in itself can reduce selling pressure and attract new investors looking for fundamentally sound assets. It also sets a precedent for responsible cryptocurrency governance, where treasury assets are used proactively rather than sitting idle. However, challenges remain. The long-term success hinges on sustained demand for the WLFI token beyond the buyback. The market will watch closely to see if this is a one-time event or part of a broader, ongoing strategy. Furthermore, the health of the USD1 stablecoin is now even more critically tied to the perception of the WLFI ecosystem. What Can Other Crypto Projects Learn From This? The WLFI token buyback offers actionable insights for the entire industry. First, clear communication and community governance, as seen with the passed proposal, are vital for legitimacy. Second, using native assets (like USD1) for treasury operations strengthens the internal economy. Finally, pairing major financial decisions with infrastructure upgrades—like the Binance listing—maximizes impact. This holistic approach is a blueprint for building enduring value in the volatile world of blockchain. A Confident Step Forward for Tokenomics In conclusion, World Liberty Financial’s three-week campaign has been a masterclass in strategic capital allocation. The $10 million WLFI token buyback using USD1 is more than a number; it’s a multifaceted signal of strength, innovation, and commitment to token holders. While the market will ultimately judge the lasting impact, this move successfully shifts the narrative from speculation to one of tangible, treasury-backed value creation. It reminds us that in the digital asset space, decisive action paired with transparent goals is a powerful catalyst for confidence. Frequently Asked Questions (FAQs) What is a token buyback? A token buyback is when a project uses its funds to repurchase its own tokens from the open market. These tokens are often permanently removed from circulation (‘burned’), reducing the total supply. Why did WLFI use USD1 for the buyback? Using their own USD1 stablecoin demonstrates its real-world utility and stability. It reinforces USD1 as the primary currency within the WLFI ecosystem and boosts demand for it. Does a buyback guarantee the token price will increase? Not directly. While buybacks can reduce supply and improve sentiment, the token’s price ultimately depends on broader market demand, utility, and overall project success. What is the significance of the USD1/Binance listing? A trading pair on a major exchange like Binance provides deep liquidity, makes it easier for users to trade USD1, and significantly increases the stablecoin’s visibility and adoption. How does this benefit a regular WLFI holder? Holders benefit from the potential price appreciation due to reduced token supply and from the increased overall health and credibility of the project’s ecosystem. Will there be more WLFI token buybacks in the future? The project has not officially announced a recurring schedule. Future buybacks would likely depend on treasury health, community proposals, and strategic goals. Found this deep dive into the strategic WLFI token buyback insightful? Share this article with your network on Twitter or LinkedIn to spark a conversation about innovative treasury management in the crypto space!
Changpeng Zhao’s Calculated Comeback: Restoring US Influence After Presidential Pardon
In a stunning twist for the crypto world, Binance founder Changpeng Zhao (CZ) is making strategic moves to restore his standing and influence in the United States. Following a controversial presidential pardon, CZ is not fading into the background. Instead, he is orchestrating a quiet but determined campaign to re-engage with the world’s largest financial market. This effort to restore US influence could reshape the regulatory and competitive landscape for cryptocurrency. What’s Driving Changpeng Zhao’s Push to Restore US Influence? According to a Bloomberg report, Changpeng Zhao’s motivation is clear. The United States represents the ultimate prize for any global crypto enterprise. With the Trump administration signaling a pro-cryptocurrency stance, a window of opportunity has opened. CZ aims to restore US influence not through a public-facing role, but via strategic corporate and financial maneuvers behind the scenes. His goal is to overcome past regulatory hurdles and position Binance for a sustainable future in America. The Blueprint: Restructuring and Reducing Control So, how exactly does Changpeng Zhao plan to restore US influence? The report highlights a critical two-part strategy focused on Binance.US: Capital Restructuring: CZ is reviewing a complete overhaul of Binance.US’s financial framework. This could involve bringing in new, US-based investors to bolster credibility and compliance. Stake Reduction: A persistent obstacle has been CZ’s controlling stake. He is now discussing significantly reducing his ownership. This move is designed to appease regulators by distancing the US entity from its global parent and its founder’s direct control. These steps are calculated to demonstrate good faith and a commitment to operating within US legal parameters, which is essential to restore US influence. New Leadership and Powerful Partnerships While Changpeng Zhao works to restore US influence externally, Binance has reshuffled its internal leadership. Richard Teng now shares the CEO title with co-founder He Yi. He Yi, described as CZ’s common-law spouse, has officially retired but is believed to retain practical influence. This arrangement allows for a public transition while maintaining strategic continuity. More intriguing are the potential partnerships on the horizon. The company is reportedly exploring: An expanded collaboration with asset management giant BlackRock. A partnership with World Liberty Financial (WLFI), a firm founded by the Trump family. Such alliances would provide immense institutional credibility and political capital, furthering CZ’s mission to restore US influence. Challenges and Concerns: Can Aggressive Tactics Be Avoided? The path for Changpeng Zhao to restore US influence is fraught with challenges. Industry observers express a major concern: will Binance attempt to re-enter the market using its past aggressive growth tactics? These practices previously led to intense regulatory scrutiny and legal penalties. For CZ to successfully restore US influence, Binance.US must operate with unprecedented transparency and compliance. Any perception of old habits could permanently shut the door. The Final Verdict on CZ’s Comeback Strategy Changpeng Zhao’s campaign to restore US influence is a high-stakes gamble. It leverages a unique political pardon, strategic corporate restructuring, and potential powerhouse partnerships. However, success hinges entirely on convincing skeptical US regulators that the new Binance.US is fundamentally different. If CZ can navigate this complex landscape, he may not only restore US influence but also redefine Binance’s legacy. The crypto industry is watching closely, as the outcome will signal how forgiven founders can re-engage with major markets. Frequently Asked Questions (FAQs) Q: Why is Changpeng Zhao trying to restore US influence now? A: Following a presidential pardon and a shift toward a more crypto-friendly administration, a strategic window has opened. The US market is crucial for global crypto dominance, making this effort essential for Binance’s long-term future. Q: How is he reducing his control over Binance.US? A> Reports indicate he is discussing a significant reduction of his controlling stake. This is aimed at easing regulatory concerns by creating more distance between the US exchange and its global founder. Q: What is the significance of the potential BlackRock partnership? A> Partnering with a traditional finance titan like BlackRock would lend immense institutional credibility and trust. It signals a move toward mainstream, compliant operations, which is key to restoring standing. Q: Are regulators likely to accept Binance’s return? A> It remains a major hurdle. Regulators will require concrete, verifiable changes in governance and compliance, not just promises. The reduction of CZ’s stake is a step in the right direction, but skepticism will be high. Q: What does He Yi’s role as co-CEO mean? A> It suggests a leadership structure that maintains internal strategic knowledge and continuity (through He Yi) while presenting a public-facing, regulatory-focused executive (Richard Teng). Q: Could this affect cryptocurrency prices? A> A successful re-entry of a major player like Binance into the US market could boost overall market sentiment and liquidity. However, the process itself is unlikely to cause immediate, direct price swings. Join the Conversation Do you think Changpeng Zhao can successfully restore US influence and rebuild Binance’s reputation? What would it mean for the broader crypto market? Share your thoughts and this article on social media to discuss one of the most pivotal stories in crypto today.
Revealed: How the RWA Project Plume Won Over the Trump Administration
A recent meeting in Washington D.C. could signal a pivotal moment for blockchain’s integration into the mainstream economy. According to a New York Times report, the co-founders of the RWA project Plume secured a high-level audience that resulted in a surprisingly positive reaction from senior Trump administration officials. This encounter highlights the growing political recognition of real-world asset tokenization’s potential. What Exactly Happened with the RWA Project Plume in Washington? Last summer, Plume co-founders Chris Yin and Teddy Pornprinya traveled to the nation’s capital for a significant meeting. Their discussions were not with mid-level staffers but with key figures: U.S. Vice President JD Vance and Treasury Secretary Scott Bessent. The founders were even photographed with President Donald Trump himself. This access underscores the project’s rising profile. Critically, The New York Times noted that officials were already aware of Plume before the meeting. Their reported “positive reaction” suggests the administration saw tangible value in the project’s mission to bridge physical assets and blockchain technology. Why is This Political Endorsement a Game-Changer? Political and regulatory clarity remains one of the biggest hurdles for cryptocurrency and blockchain adoption in the United States. A positive signal from a potential administration carries immense weight for the entire industry. Regulatory Pathway: The Times explicitly stated that the RWA project Plume could become a “key reference case” in future U.S. regulatory talks on tokenization. This sets a potential precedent. Legitimacy Boost: High-level political engagement grants institutional legitimacy, which is crucial for attracting traditional finance participants. Market Confidence: Such endorsements can reduce perceived regulatory risk, encouraging further investment and development in the RWA sector. Understanding the RWA Project Plume’s Foundation To grasp why this meeting mattered, we must understand what Plume does. The project focuses on real-world asset (RWA) tokenization. This process involves creating digital tokens on a blockchain that represent ownership of physical assets like real estate, commodities, or financial instruments. Plume aims to make these assets more liquid, accessible, and efficient to trade. Their prior partnership with WorldLibertyFinancial (WLFI) indicates a focus on connecting blockchain solutions with established financial frameworks—a strategy that likely appealed to the officials they met. What Are the Challenges and Opportunities Ahead? While the political reception is promising, the path forward for the RWA project Plume and similar initiatives is not without obstacles. Regulatory frameworks are still evolving, and technical standards for interoperability need development. However, the opportunity is transformative. Successful RWA tokenization can unlock trillions in currently illiquid assets, democratize investment, and create new financial products. The Washington meeting suggests that powerful stakeholders are beginning to recognize this potential not just as a technological novelty, but as a future pillar of the economy. The Lasting Impact of a Washington Handshake The encounter between Plume’s founders and Trump administration officials is more than a photo opportunity. It represents a critical inflection point where innovative blockchain projects are moving from the fringe to the center of policy discussions. The positive reaction reported by The New York Times provides a glimpse of a possible future where RWA tokenization is embraced within the U.S. financial and regulatory system. This development should be watched closely by investors, developers, and policymakers alike, as it may well chart the course for how real-world assets are owned and traded in the digital age. Frequently Asked Questions (FAQs) Q1: What is the RWA project Plume? A1: Plume is a blockchain project focused on real-world asset (RWA) tokenization. It creates digital tokens representing ownership of physical assets like real estate or commodities to improve their liquidity and accessibility. Q2: Who did the Plume founders meet in Washington? A2: According to The New York Times, co-founders Chris Yin and Teddy Pornprinya met with Vice President JD Vance and Treasury Secretary Scott Bessent. They were also photographed with President Donald Trump. Q3: Why is this meeting significant for cryptocurrency? A3: A positive reaction from senior political figures reduces regulatory uncertainty and grants legitimacy. It suggests that RWA tokenization is being taken seriously at the highest levels of U.S. government, which could influence future policy. Q4: What does “key reference case” mean for Plume? A4: It means Plume’s model and operations could be studied and used as an example by U.S. regulators when drafting future rules and frameworks for the tokenization of real-world assets. Q5: Has Plume partnered with other companies? A5: Yes, Plume has previously partnered with WorldLibertyFinancial (WLFI), indicating its strategy to integrate with traditional financial institutions. Q6: What are the main benefits of RWA tokenization? A6: Key benefits include increased liquidity for illiquid assets, fractional ownership (making investments more accessible), reduced transaction costs, faster settlement times, and enhanced transparency through blockchain records. Found this insight into the political future of blockchain intriguing? The conversation around RWAs is just heating up. Help others stay informed by sharing this article on your social media channels. Let’s spread the word about this pivotal development at the intersection of finance and technology.
Looking Back at 2025: What Drove BTC Price Through the "Four Seasons"?
Deng Tong, As 2025 draws to a close, at this time of bidding farewell to the old and welcoming the new, we launch the "Looking Back at 2025" series of articles. Reviewing the progress of the crypto industry throughout the year, we also hope that the industry will see the end of winter and a bright future in the new year. In 2025, the crypto market once shone brilliantly, reaching historic highs before returning to calm and entering a period of volatile consolidation. This article reviews the performance of the crypto market this year. BTC Price Chart for 2025 ETH Price Chart for 2025 I. January-February: Easing Signals + Trump Returns to the White House, Driving BTC Above $100,000 On January 1, 2025, BTC was priced at $93,507.88. The price then gradually increased, and by early February, BTC was mostly hovering above $100,000. BTC saw a strong start to the year, the entire industry was filled with optimism, and investors generally held a bullish outlook for the crypto market for the whole year. The Federal Reserve kept interest rates unchanged at its meetings in January and February, but released signals of "cautious observation, easing expected," prompting the market to position itself early for liquidity benefits. From late January to early February, both meetings kept the federal funds rate target range stable at 4.25% to 4.5%. In terms of policy signals, the January statement removed the previous reference to "progress in bringing inflation back to the 2% target," and added concerns about "re-inflation risks." Fed Chair Powell made it clear that a rate cut would only be considered if there was "real progress on inflation or weakness in the labor market," but emphasized that "the threshold for reversing rate hikes is extremely high," ruling out the possibility of renewed rate hikes. The February meeting minutes further revealed that officials unanimously believed the current restrictive monetary policy allows time to assess the economy, while expressing concerns that Trump's tariff policies could push up inflation. However, most agreed that "rate cuts in 2025 remain the main direction." Based on this, institutions such as Goldman Sachs and Barclays predicted two 25-basis-point rate cuts within the year. Additionally, former US President Trump returned to the White House on January 20, becoming the first "crypto president" in US history. This, combined with expectations of Fed easing, acted as a catalyst for the crypto market rally. II. March-April: Tariff Threats + Slower Fed Easing Lead to BTC Pullback Since Trump's return to the White House was confirmed, the market had been digesting expectations of his aggressive tariff policies. At the end of February, Trump announced that the planned tariffs on Canada and Mexico would take effect as scheduled after a delay the following month—after giving both countries extra time to resolve border security issues, the tariffs would officially take effect after March 4. With the US officially moving forward with tariffs on Canada and Mexico, the market began to reassess the global trade environment. The expectation that tariffs would take effect on March 4 sparked concerns about global trade friction, leading to increased risk aversion and a shift of funds from risk assets to the US dollar and cash equivalents. On March 23, the Federal Reserve concluded its policy meeting, keeping rates unchanged but raising its inflation outlook, signaling that the pace of easing might slow down, breaking the market's previous optimism for rapid rate cuts. With multiple negative factors combined, the crypto market experienced a short-term wave of sell-offs. III. May-October: Policy Tailwinds + Resumed Rate Cuts Help BTC Reach Double Peaks US crypto regulatory policies and rate cuts truly brought a "crypto summer" to the market. As a result, BTC prices surged, reaching a historic high of $123,561 on August 14 and hitting another high of $124,774 on October 7. From July 14-18, the US "Crypto Week" kicked off, with three major crypto regulatory bills passed. On June 17, the US Senate passed the "Guiding and Establishing the National Innovation of Stablecoins Act" ("GENIUS Act"), advancing federal regulation of stablecoins and putting pressure on the House to plan the next phase of national digital asset regulation. On July 18, the bill was signed into law by Trump. The passage of this act marked the first time the US formally established a regulatory framework for digital stablecoins. On July 17, the House passed the "Anti-CBDC Surveillance State Act" by a vote of 219 to 210. On June 23, the House Financial Services Committee and Agriculture Committee submitted the "Digital Asset Market Clarity Act" ("CLARITY Act"), which defines digital commodities as digital assets whose value is "intrinsically linked" to the use of blockchain. The bill was passed by the House on July 17. On September 18, the Federal Reserve announced a 25-basis-point rate cut, lowering the federal funds rate to 4%-4.25%, bringing back expectations of liquidity easing. At the same time, central banks in several countries began to include small amounts of BTC in their foreign exchange reserves for diversification. The Dutch central bank disclosed holdings of $1.5 billion in BTC assets, boosting market confidence. On October 1, the US federal government entered a 43-day "shutdown" due to depleted funds, raising investor concerns about economic uncertainty and increasing demand for safe-haven assets. BTC became a favorite among both institutional and retail investors, and on October 7, it hit another all-time high. Although momentum faded afterward, BTC prices remained above $110,000 for most of October. Additionally, events such as Circle's IPO on June 5, the implementation of Hong Kong's "Stablecoin Bill" on August 1, the WLFI transaction by the Trump family on September 1, and announcements by major companies regarding crypto reserves also occasionally acted as catalysts for market rallies. While the market continued to climb, risks were lurking. After BTC's historic high of over $120,000 in October, it began to decline slowly, sparking widespread debate in the last two months of the year about whether the market had entered a bear phase. IV. November-December: Concerns About the Future Economy Weaken BTC's Upward Momentum On November 1, BTC was priced at $109,574, after which it began to decline. On November 23, BTC hit a low of $84,682, down 22.71% from the beginning of the month. Although it mostly fluctuated above $90,000 afterward, the upward trend was weak, leading to various speculations within the industry. The US government shutdown led to a lack of key economic data, causing the market to worry about economic fundamentals and the future path of interest rates, which negatively affected the performance of risk assets. Additionally, although there were already expectations that the Federal Reserve would continue to cut rates, before the cuts were implemented, the Fed sent cautious signals, leading to divided market expectations for future liquidity. On December 10, the Fed carried out its third rate cut of the year, but the market interpreted it as a "recessionary rate cut" in response to economic weakness, which further intensified pessimism. Investors are reassessing macro variables such as the global interest rate path and fiscal health, and are inclined toward more stable asset allocations amid uncertainty. As the crypto market's downturn persisted, many DAT companies struggled to survive, and increased liquidations due to market volatility further pushed the market lower. Currently, the market is looking forward to a "Christmas rally," which may be the "last hope for the whole village" this year. Summary The curtain of 2025 opened with an almost "certain" optimism, and Trump's rise to power filled the industry with anticipation. After experiencing tariff threats and a slowdown in Fed easing, the market exploded again after a period of dormancy: policy tailwinds, resumed rate cuts, IPOs by crypto companies such as Circle, hype around Trump family projects, and a surge of DAT companies all contributed to BTC breaking through the $120,000 mark twice. However, affected by macroeconomic expectations, BTC inevitably entered a period of volatile consolidation at the end of the year. Looking at the crypto market's performance throughout the year, BTC's correlation with traditional financial markets has significantly increased, and the improvement of regulatory frameworks and the pace of Fed policy will likely continue to be key variables affecting BTC price trends in 2026.
Urgent: US Senator Demands PancakeSwap Investigation Over Trump Ties and Price Manipulation
In a dramatic move that signals escalating regulatory pressure on decentralized finance, U.S. Senator Elizabeth Warren has formally demanded a federal PancakeSwap investigation. The prominent crypto critic alleges the platform may be involved in a scheme to artificially inflate a token’s price and could have improper connections to the Trump administration. This call to action targets one of the world’s largest decentralized exchanges, raising crucial questions about the future of DeFi regulation. Why is Senator Warren Calling for a PancakeSwap Investigation? Senator Warren’s concerns center on two explosive allegations. First, she points to potential market manipulation involving World Liberty Financial (WLFI) tokens traded on the platform. Second, and more provocatively, her letter to the Treasury and Justice Departments questions whether PancakeSwap has benefited from political influence tied to the previous administration. This dual-pronged attack combines classic financial oversight with a politically charged narrative, ensuring the investigation demand captures headlines. Her letter, reported by CoinDesk, argues that authorities must scrutinize these allegations thoroughly. Warren emphasizes that DeFi platforms like PancakeSwap process immense volumes—hundreds of millions daily—without standard identity checks (Know Your Customer or KYC protocols). This lack of oversight, she contends, creates a dangerous environment where illicit activity can flourish undetected. What Are the Core Allegations Against the DeFi Giant? To understand the gravity of the situation, let’s break down the specific claims prompting the PancakeSwap investigation. Price Inflation Scheme: The primary allegation involves World Liberty Financial (WLFI). Warren suggests the token’s value may have been artificially pumped, a classic manipulation tactic that harms ordinary investors. Political Influence: The letter raises the possibility of a connection to “improper political influence from the Trump administration.” While details are scarce, this implies regulators should examine if the platform received favorable treatment. Regulatory Evasion: Warren criticizes the fundamental design of many DeFi platforms, which operate without collecting user identities, calling it a major loophole for bad actors. This is not an isolated incident. Therefore, it reflects a broader, intensifying crackdown on the cryptocurrency sector by U.S. lawmakers concerned about consumer protection and financial stability. How Does This Impact the Future of Decentralized Finance? The call for a PancakeSwap investigation is a potential watershed moment. A major federal probe into a top DeFi protocol could set powerful precedents. For users and developers, the implications are significant. Potential Outcomes: Stricter KYC Rules: Platforms may be forced to implement identity verification, challenging DeFi’s core principle of permissionless access. Legal Precedent: How U.S. law applies to decentralized, globally operated protocols remains unclear. An investigation could help define these boundaries. Market Volatility: Regulatory uncertainty often spooks investors, potentially leading to short-term price swings across the DeFi ecosystem. While Senator Warren frames this as necessary consumer protection, many in the crypto community see it as an attack on financial innovation and privacy. The tension between these viewpoints will likely define the regulatory battle ahead. What Can Crypto Investors Learn From This Situation? This development serves as a stark reminder of the regulatory risks inherent in cryptocurrency investing. Platforms operating in legal gray areas face existential threats from government action. For anyone using PancakeSwap or similar services, due diligence is more critical than ever. Actionable Insights: Research Platform Compliance: Prefer platforms that proactively engage with regulators and implement robust compliance measures. Diversify Holdings: Avoid over-concentration in assets or platforms under specific regulatory scrutiny. Stay Informed: Follow regulatory news closely. Political and legal developments can impact asset values as powerfully as market trends. The path forward is fraught with challenge. However, clear regulation could also provide the legitimacy needed for mass adoption. The coming months will reveal whether the PancakeSwap investigation becomes a case study in overreach or a necessary step toward a safer digital asset market. Conclusion: A Defining Moment for DeFi Regulation Senator Elizabeth Warren’s demand for a PancakeSwap investigation is a powerful escalation in the clash between decentralized finance and traditional regulatory frameworks. It highlights the growing political will to bring the “wild west” of crypto under control. Whether the allegations hold merit is for investigators to determine. Nevertheless, the message to the entire industry is clear: operate in the shadows at your own peril. The era of unchecked DeFi growth is facing its most formidable investigation yet. Frequently Asked Questions (FAQs) Q1: What exactly is PancakeSwap? A1: PancakeSwap is a leading decentralized exchange (DEX) built on the Binance Smart Chain. It allows users to trade cryptocurrencies directly with one another without a central intermediary, using automated liquidity pools. Q2: Why is Senator Warren targeting PancakeSwap specifically? A2: Warren’s letter cites allegations of a specific price manipulation scheme involving a WLFI token on the platform and raises questions about potential political ties. As a major DEX, it also represents a high-profile target in her broader campaign for stricter crypto regulation. Q3: Has PancakeSwap responded to these allegations? A3: As of the writing of this article based on the initial report, there has been no public statement from PancakeSwap’s anonymous development team regarding Senator Warren’s specific call for an investigation. Q4: What could happen if a federal investigation is launched? A4: Potential outcomes include fines, mandated changes to how the platform operates (like adding KYC checks), or even restrictions on U.S. users accessing the service. It could also establish important legal precedents for all DeFi protocols. Q5: Should I stop using PancakeSwap? A5: This is not financial advice. However, all crypto investors should be aware of the increased regulatory risk associated with platforms under political and legal scrutiny. It’s wise to assess your own risk tolerance and consider diversifying across different protocols and services. Q6: Does this affect other DeFi platforms like Uniswap? A6: While the direct call is for a PancakeSwap investigation, the regulatory principles Senator Warren is advocating—especially regarding KYC and anti-money laundering—would apply to the entire decentralized finance sector if enacted into law. Call to Action: Did this article help you understand the high-stakes regulatory clash unfolding in DeFi? Share this critical analysis on your social media to keep your network informed about the forces shaping the future of cryptocurrency. The conversation about regulation affects every investor.
WLFI price completes a market auction theory rotation, signaling a potential bottom
WLFI price completes a full auction rotation, retesting the value area low with Fibonacci confluence, suggesting downside exhaustion and a potential market bottom. Summary WLFI completes a Value Area High to Value Area Low rotation. Support aligns with the 0.618 Fibonacci golden ratio. Reclaiming the Point of Control could open a move toward $0.18. World Liberty Financial (WLFI) is beginning to show early signs of stabilization following the completion of a full Market Auction Theory rotation. This process often precedes either a price balance or a price reversal. Recent price action has followed a textbook auction sequence, moving from the loss of the Value Area High to a rotation through the Point of Control and finally into a retest of the Value Area Low. With this retest occurring at a major technical confluence, the structure suggests that selling pressure may be weakening and a potential bottom could be forming. WLFI price key technical points WLFI has completed a full auction rotation, moving from the Value Area High to the Value Area Low. The Value Area Low aligns with the 0.618 Fibonacci retracement, reinforcing technical support. A reclaim of the Point of Control would signal strength, opening the door to a move toward $0.18 resistance. WLFIUSDT (12H) Source, From a Market Auction Theory perspective, WLFI’s recent price action has unfolded in a highly structured and methodical way. After losing the Value Area High (VAH), price rotated lower through the trading range toward the Point of Control (POC), the level where the highest volume has traded and where price typically finds balance. Once the VAH was lost, a test of the Value Area Low (VAL) became increasingly likely, as auction theory suggests that value must be explored fully after acceptance shifts. That test has now occurred, completing the auction rotation from high value to low value. What makes this retest technically meaningful is its alignment with the 0.618 Fibonacci retracement, often referred to as the golden ratio. This level frequently acts as strong support during corrective phases, particularly when the broader trend remains constructive. The overlap between the Value Area Low and the 0.618 Fibonacci significantly strengthens the case for downside exhaustion, even as senators push for an inquiry into World Liberty Financial, adding a layer of external scrutiny alongside the technical setup. As long as WLFI remains above the Value Area Low on a closing basis, price is considered to be trading within accepted value rather than entering a new downside price-discovery phase. This distinction is critical. Holding above the VAL suggests sellers are losing control and that the market is transitioning toward balance or accumulation. From a market-structure standpoint, this is a logical area for a reaction higher. Once a full auction rotation is completed, price often seeks to rebalance back toward the Point of Control. A reclaim of the POC would be a key confirmation signal, indicating that buyers are regaining control of the market. If WLFI successfully reclaims the POC with strong volume, the next upside target comes into focus near the, This area represents a prior structural resistance. It would align with a continuation of the broader higher-low structure on WLFI’s chart. However, the market remains rotational rather than trending at this stage. Until the POC is decisively reclaimed, the price is likely to remain range-bound. A failure to hold above the Value Area Low would invalidate the bottoming thesis and reopen downside risk. Volume behavior will be key moving forward. Increasing volume on upside attempts would support the bullish case, while muted volume would suggest ongoing consolidation rather than immediate continuation. What to expect in the coming price action As long as WLFI holds above the Value Area Low on a closing basis, the probability of a developing bottom remains elevated. A reclaim of the Point of Control would strengthen the bullish outlook and pave the way toward the $0.18 resistance level. Until then, price is likely to remain rotational within the current value range.
2025, Trump's Year of Money-Making
Written by: John Cassidy Translated by: Saoirse, Foresight News As the anniversary of Donald Trump's return to the White House draws near, keeping up with the pace of his family's opportunistic profiteering has become a daunting challenge. It seems that every week brings new deals or revelations to light. Since the Trump family and many of its associated businesses are privately held, we cannot fully grasp their financial situation. However, by tracking corporate announcements, official documents, and in-depth reports from multiple media outlets, a clear picture is gradually emerging: the scale of the American First Family's profiteering is unprecedented in U.S. history. Previously, other presidential relatives—including Donald Nixon, Billy Carter, and Hunter Biden—have also been involved in questionable business dealings. But in terms of the scale of funds involved, geographic reach, and direct connection to presidential administrative actions—especially Trump's efforts to make the U.S. the "world's crypto capital"—the Trump Organization's current term is absolutely without precedent. Early Arrangements The timeline goes back to September 2024, just two months before the presidential election. At that time, Trump announced that his family would partner with longtime friend and real estate developer Steve Witkoff's family, as well as two relatively unknown internet entrepreneurs, Zachary Folkman and Chase Herro, to establish a new crypto company—World Liberty Financial. His three sons, Eric, Donald Jr., and Barron, would all participate. Trump stated on social media: "Crypto is something we have to do, whether we like it or not, I have to push it forward." By October, he had clearly dispelled any concerns about promoting questionable digital assets to his supporters. In promotional copy written for World Liberty Financial's token sale, he declared: "This is your chance to help shape the financial future." According to Reuters, for every $1 raised through token sales by World Liberty Financial, the Trump family would receive 70 cents. Crypto media reported that initial demand for the token was weak, but it attracted an important buyer: Justin Sun, the Chinese billionaire founder of the Tron crypto platform, who invested $30 million. At the time, the U.S. SEC was suing Sun and his company for fraud and other violations, which Sun denied. In his investment announcement on Twitter, Sun wrote: "Tron is committed to making America great again and leading innovation. Let's take action!" After winning the election, Trump continued his first-term practice: refusing to divest from his businesses, instead placing them in a revocable trust. Although the trust was managed by his eldest sons, Eric and Donald Jr., Trump remained the actual owner of the Trump Organization. The potential conflicts of interest were obvious: if the re-elected president's policies or actions benefited his family business, he and his family could gain financially. After the election, Donald Jr. further expanded his business footprint—joining the venture capital fund "1789." The fund was founded by two conservative financiers, Omeed Malik and Charles Bask, along with conservative hedge fund heiress Rebekah Mercer. According to the New York Post, "1789" had raised huge sums from Middle Eastern sovereign wealth funds. Early investments focused on conservative media (including Tucker Carlson's company), but by the time Donald Jr. joined, the fund had expanded into consumer goods, defense, technology, and other sectors. On January 17, 2025, just three days before Trump's second inauguration, he once again ventured into crypto, launching a new meme coin—MELANIA. Unlike World Liberty, which gave holders governance rights related to the company, these two tokens were just meme coins: TRUMP is currently the world's hottest digital meme coin, and this is just the beginning. Profiteering on a Grand Scale After Trump's return to the White House, global forces rushed to establish good relations with him, with related developments coming one after another—many involving crypto, foreign funds, or both. One of his first moves in office was to order all departments to review regulations affecting the digital asset industry and propose suggestions to "abolish or amend" them. In February, the SEC, under new leadership, asked the court to pause its lawsuit against Justin Sun—by then, Sun's stake in World Liberty Financial had risen to $75 million. In March, Trump hosted a crypto summit at the White House (organized by "crypto czar" and Silicon Valley venture capitalist David Sacks) and announced plans to establish a U.S. "strategic bitcoin reserve." Later that month, Eric and Donald Jr. merged a company they had just founded the previous month with Canadian bitcoin mining company Hut 8, taking a stake in the new company, American Bitcoin. According to the Wall Street Journal, the company aims to become the world's largest bitcoin miner and establish its own bitcoin reserves. That spring, the Trump brothers also expanded into other sectors, especially focusing on the Persian Gulf region. In April, Saudi real estate developer Dar Global announced plans to open a Trump hotel in Dubai and build a Trump golf resort in neighboring Qatar—the company had previously partnered with the Trump family on several Trump-branded projects in the Middle East, and Eric Trump personally attended related launch events in the Gulf. Domestically, Donald Jr. attended the launch of another of his business investments: the high-end Washington club Executive Branch. Reportedly, membership fees for the club are as high as $500,000. News reports indicate that Donald Jr. is one of the club's owners, along with his "1789" fund partners Malik and Bask, as well as Steve Witkoff's two sons, Zach and Alex (both also co-founders of World Liberty Financial). According to CNBC, guests at the club's launch included Secretary of State Marco Rubio, Attorney General Pam Bondi, SEC Chairman Paul Atkins, and FCC Chairman Brendan Carr. Crypto and courting foreign investors remain at the core of the Trump family's profiteering strategy. A deep-dive report by Reuters in October on their "global crypto ATM" revealed that in May, Eric Trump promoted World Liberty Financial to potential investors at a crypto conference in Dubai, including Chinese businessman Guren Bobby Zhou—who was arrested in the UK on suspicion of money laundering (Zhou denies all charges and has not been convicted). Reuters also noted that a UAE company linked to Zhou later purchased $100 million worth of World Liberty Financial tokens (WLFI). Clearly, such foreign investment is not an isolated case: Reuters' analysis showed that more than two-thirds of WLFI token purchases came from digital wallets likely associated with overseas buyers. Trump also profited from official "gifts." The U.S. Constitution clearly stipulates that federal officials, including the president, may not accept gifts from foreign governments without congressional consent. But in February, Trump, who had long complained about the slow progress of the new "Air Force One," visited Palm Beach International Airport to inspect a luxurious Boeing 747 owned by the Qatari government. In May, just days before departing for visits to Qatar, the UAE, and Saudi Arabia, Trump announced on social media that the Pentagon would accept this Boeing 747 as a "free gift" from the Qatari royal family to replace the current "Air Force One." White House Press Secretary Karoline Leavitt stated: "Accepting gifts from foreign governments fully complies with all applicable laws, and the Trump administration is committed to complete transparency." Another deal involving Gulf states that benefited the Trump family received relatively little attention: UAE government-controlled investment fund MGX invested $2 billion in Binance, the world's largest crypto exchange, using a stablecoin issued by World Liberty Financial. Stablecoins are said to be a safer type of crypto, backed by reserves of dollars or other assets, essentially providing a way to transact in crypto without worrying about extreme price volatility. It is no exaggeration to say that the MGX-Binance deal was highly unusual. Last year, Binance founder and Chinese-Canadian crypto billionaire CZ (Changpeng Zhao) pleaded guilty to failing to implement effective anti-money laundering procedures at his crypto exchange and served four months in a U.S. federal prison. In March this year, the Wall Street Journal reported that CZ was seeking a presidential pardon. That same month, World Liberty Financial announced it would issue its own stablecoin, USD1—and the use of this new stablecoin in the MGX-Binance deal completely changed its market status. The Wall Street Journal noted: "The deal caused the circulation of this crypto to surge 15-fold, making it one of the world's largest stablecoins overnight." At the same time, the World Liberty Financial account received $2 billion, which could be invested in Treasury bonds and other assets—Bloomberg estimated this could generate $80 million in annual income, flowing directly to the Trump family business. Why did Binance and MGX choose to use USD1, a stablecoin that was essentially untested in the market? MGX told Forbes that all parties chose the new stablecoin because it was "managed by an independent U.S. custodian, with asset reserves held in externally audited escrow accounts." But outsiders tend to favor a more realistic explanation: CZ was seeking a pardon, while the UAE wanted to curry favor with a U.S. administration that could grant valuable policy concessions. The New York Times, in a detailed review of the deal, pointed out that two weeks after the transaction, the White House allowed the UAE to import hundreds of thousands of advanced computer chips that had previously been subject to U.S. export restrictions. Summer is usually a slow season for business, but not for the Trump family this year. In July, with government support, Congress passed the GENIUS Act, establishing a regulatory framework for stablecoins—but this did not allay concerns among some who believe integrating crypto into mainstream finance may pose risks. That same month, Trump Media & Technology Group announced it had purchased about $2 billion in bitcoin and related securities, following the example of Michael Saylor's MicroStrategy, transforming from a social media business into a "bitcoin treasury" company. After the announcement, the company's stock price rose—though it had fallen sharply since the beginning of the year. In August, the Trump family conducted a financial operation with World Liberty Financial: investing in a small public company, which then issued $750 million in stock to purchase WLFI tokens. A Wall Street Journal article noted: "Such circular transactions, where the buyer and seller are the same entity and trade their own products, are more common in crypto than in traditional finance." In early September, some WLFI tokens began trading on crypto exchanges; two days later, American Bitcoin, in which Eric and Donald Jr. hold shares, was listed on Nasdaq, and its stock price immediately rose. Bloomberg reported that these maneuvers earned the Trump family "about $1.3 billion." In the fall, related deals and controversies continued. In October, Trump pardoned CZ, causing a public outcry, but he claimed not to know the crypto entrepreneur and added that the pardon was "at the request of many honest people." In November, Democrats on the House Judiciary Committee released a staff report stating that Trump "used his office to make himself a crypto billionaire, providing broad protection for fraudsters, scammers, and other cybercriminals—who in turn paid millions in 'tribute' to the president and his family." In response, White House Press Secretary Leavitt stated: "The president and his family have never and will never be involved in conflicts of interest. The administration is fulfilling its promise to make America the world's crypto capital through executive actions and support for reasonable policies like the GENIUS Act, promoting innovation and economic opportunity." Overall Revenue and Expenditure There are various estimates regarding the Trump family's total profiteering. Reuters estimates that in the first half of this year, the family made about $800 million from crypto sales; the Financial Times noted that in the 12 months to October 2025, their total take exceeded $1 billion. If non-crypto business income (licensing agreements, gifts, special media deals, legal settlements, etc.) is included, the Center for American Progress, a think tank closely associated with the Democrats, estimates that since Trump's re-election, the family's "total profit" has reached $1.8 billion. Looking at the longer term, my colleague David Kirkpatrick estimates that since 2016, Trump has made $3.4 billion from presidency-related business. It should be noted that these figures refer to cash income and do not include the paper wealth appreciation of Trump and his family—especially from holding shares in World Liberty Financial and other crypto companies. In September, after WLFI tokens began trading on crypto exchanges, statistics showed that the family's crypto wealth had a paper value of $5 billion or even higher. However, in the past few months, the market value of almost all crypto assets (including those related to the Trump family) has plummeted: the TRUMP meme coin fell about 80%, the MELANIA meme coin plunged 98.5%; Trump Media & Technology Group's stock (which, from a financial perspective, is now essentially a bitcoin acquisition vehicle) has fallen nearly 70% since the start of the year and nearly 40% since its large-scale crypto purchases; World Liberty Financial is a private company with no publicly traded stock, but its WLFI token has dropped by more than a third since early September; American Bitcoin, associated with Eric Trump, saw its stock price fall by more than 75% over the same period. For the Trump family and their business partners, this market crash is the painful consequence of their "all-in on crypto" strategy. In the future, their prospects will largely depend on the performance of bitcoin and other cryptocurrencies. But even after the recent crash, the Trump family's digital assets still have a paper value of several billion dollars; even if the crypto market went to zero tomorrow, the family would still retain the cash income they have pocketed since Trump's return to the White House—and there remains the possibility of further profiteering in the future. Earlier this month, the Financial Times reported that the Pentagon's Strategic Capital Office, established by the Biden administration in 2022 to fund new technologies with national security applications, provided a $620 million loan to rare earth startup Vulcan Earth, which is linked to Donald Jr. The company recently received investment from the "1789" fund (of which Donald Jr. is a partner). A spokesperson for Donald Jr. told the Financial Times that he was not involved in the company's dealings with the government; Pentagon and Commerce Department officials, as well as Vulcan Earth's CEO, made similar statements. Nevertheless, the loan has raised questions. The Financial Times report noted: "This year, at least four companies in the '1789' fund's portfolio have received contracts from the Trump administration, totaling $735 million." From one perspective, this may indicate that the "1789" fund has adopted a shrewd business strategy—aligning its investments with the Trump administration's new Pentagon priorities; but from another perspective, it looks more like another round of profiteering by the Trump family. When public affairs and private interests are intertwined to this extent in the current administration, the truth becomes difficult to discern.
World Liberty Financial to Deploy USD1 Stablecoin on Canton Network for Real-Time Cross-Border Payments and Institutional Financing
COINOTAG News, December 16, citing the Associated Press, reports that World Liberty Financial (WLFI), the Trump family’s crypto project, plans to deploy a USD1 stablecoin on the privacy-focused Canton Network, signaling an emphasis on regulated, privacy-preserving digital assets. This stablecoin targets institutional use, underpinning derivatives activity and serving as loan collateral, while enabling real-time cross-border payments with 24/7 settlement and enabling on-chain asset issuance, financing, and redemption. Analysts caution that the project could influence liquidity and privacy standards within crypto markets, reflecting a broader move toward scalable, privacy-centric settlement rails for regulated participants. Share News:
WLFI will deploy USD1 on the Canton chain
BlockBeats News, December 16th, according to the Associated Press, the Trump family's crypto project World Liberty Financial (WLFI) will deploy a USD1 stablecoin on the privacy-focused blockchain network Canton Network, used for derivatives and institutional loan collateral, real-time cross-border payments and 24/7 settlement, on-chain asset issuance, financing, and redemption, etc.
Trump family crypto project WLFI to deploy USD1 stablecoin on Canton Network
According to Deep Tide TechFlow, on December 16, PRNewswire reported that Canton Network announced that the Trump family crypto project World Liberty Financial (WLFI) will deploy the USD1 stablecoin on its network. The aim is to expand USD1's coverage in the institutional on-chain financial sector and accelerate its adoption among globally regulated market participants, including use cases such as collateral for derivatives and institutional lending, instant cross-border payments and 24/7 settlement, on-chain asset issuance, financing, and redemption.
Unshakable Conviction: Why LD Capital’s Founder Sees Strong ETH Fundamentals Amid Market Volatility
In the turbulent seas of cryptocurrency markets, where sentiment shifts with every tweet and price swing, one voice stands firm with unwavering conviction. Jack Yi, founder of LD Capital, recently shared his compelling perspective on X, expressing strong confidence in ETH fundamentals despite recent market turbulence. His analysis offers more than just optimism—it provides a data-driven framework for understanding why Ethereum remains a cornerstone of the on-chain finance revolution. Why Are ETH Fundamentals So Strong Right Now? Jack Yi’s confidence stems from observing fundamental shifts in market structure. He notes that while spot market liquidity has decreased significantly since the October 10 market crash, the derivatives market now drives price action more prominently. This transition represents a maturation of Ethereum’s market ecosystem, where sophisticated instruments and institutional participation increasingly influence valuation. Recent price fluctuations, according to Yi, fall within expected parameters when considering two key factors: the four-year cryptocurrency cycle and seasonal patterns around the Christmas period. These patterns create predictable volatility windows that experienced investors can navigate strategically. Navigating Market Cycles with Strategic Patience Timing the absolute bottom of any market presents significant challenges, and Yi acknowledges this reality openly. However, he views the current period as a suitable buying opportunity for those with medium- to long-term perspectives. This approach aligns with historical patterns where patient accumulation during periods of uncertainty has rewarded disciplined investors. Yi emphasizes three key considerations for current market conditions: Cycle Awareness: Understanding where we stand in the four-year cryptocurrency cycle Structural Shifts: Recognizing how derivatives markets now influence price discovery Fundamental Strength: Maintaining focus on Ethereum’s underlying technological advantages ETH as a Core Asset in On-Chain Finance From a strategic portfolio perspective, Yi positions Ethereum as more than just another cryptocurrency. He identifies ETH as a core asset in the emerging era of on-chain finance—a digital foundation upon which decentralized applications, financial instruments, and new economic models are being built. This long-term vision extends beyond Ethereum alone. Yi also highlights World Liberty Financial (WLFI) as a key portfolio component, suggesting a diversified approach within the broader blockchain ecosystem. His firm’s investment thesis and data-driven strategies, developed through extensive research, remain valid despite short-term market movements. Actionable Insights for Crypto Investors What does this mean for individual investors and institutions monitoring cryptocurrency markets? First, recognize that market structure evolves. The increasing dominance of derivatives indicates growing sophistication but also introduces new dynamics that require understanding. Second, separate noise from signal. Short-term price movements often distract from fundamental developments. Ethereum’s ongoing technological upgrades, developer activity, and ecosystem growth continue to strengthen its position regardless of daily price action. Finally, consider time horizons carefully. Yi’s medium- to long-term perspective suggests that current market conditions may offer strategic entry points for those willing to look beyond immediate volatility. The Compelling Case for ETH Fundamentals Jack Yi’s analysis provides more than just bullish sentiment—it offers a framework grounded in market observation and strategic thinking. His confidence in ETH fundamentals reflects deep understanding of both technical developments and market mechanics. As the cryptocurrency landscape continues evolving, such perspectives become increasingly valuable. They help investors distinguish between temporary market conditions and enduring structural advantages. For Ethereum, the combination of technological innovation, ecosystem growth, and maturing market infrastructure creates a compelling foundation for long-term value. Frequently Asked Questions What does Jack Yi mean by ETH fundamentals? He refers to Ethereum’s underlying technological strengths, developer ecosystem, network activity, and long-term utility in on-chain finance—factors that exist independently of short-term price movements. Why does the derivatives market matter for Ethereum? As derivatives gain influence over price discovery, they indicate growing institutional participation and market sophistication, which can lead to more stable long-term valuation mechanisms. How should investors approach the current market according to Yi? He suggests viewing current conditions as a strategic buying opportunity for medium- to long-term investors, while acknowledging the difficulty of timing absolute market bottoms. What role does the four-year cycle play in Yi’s analysis? Historical patterns suggest cryptocurrency markets move in roughly four-year cycles influenced by Bitcoin halving events, providing context for current volatility and future potential. Why does Yi mention World Liberty Financial (WLFI)? He identifies it as a complementary portfolio component to Ethereum, suggesting a diversified approach within the broader blockchain finance ecosystem. How reliable are data-driven strategies in volatile markets? While short-term volatility can challenge any strategy, data-driven approaches grounded in fundamental analysis typically perform better over longer time horizons. Found this analysis of ETH fundamentals valuable? Share it with fellow investors on X and other social platforms to continue the conversation about strategic cryptocurrency investment in evolving market conditions.
Yi Lihua once again "bullish" on Ethereum, remains confident in its fundamentals, current fluctuations are within the normal range
BlockBeats News, December 16, Liquid Capital (formerly LD Capital) founder Yi Lihua posted on social media, stating, "I remain firmly optimistic about the fundamentals of ETH, but since the major crash on October 11, market liquidity has significantly decreased. The derivatives market now dominates rather than the spot market. The current fluctuations are all within a normal range, especially with the four-year cycle resonance and the upcoming Christmas holiday. However, for spot investors, it is not always necessary to buy at the lowest price; it is also an appropriate investment price range." From a medium- to long-term investment perspective, especially in the new era of on-chain finance, ETH is the core investment asset, and WLFI and others are core allocation investments. Our investment and data logic have not changed from our previous research reports."
Vitalik Buterin Bullishly HODLing Ethereum, Strong Belief in Its Fundamentals, Current Volatility Within Normal Range
BlockBeats News, December 16th, Liquid Capital (formerly LD Capital) founder Li Huayi posted on social media stating, "ETH fundamentals remain strong, but since the 1011 flash crash, market liquidity has greatly decreased, with the futures market dominating over the spot market. The current fluctuations are within a normal range, especially nearing the 4-year cycle resonance and Christmas. However, for spot investors, it may not be about buying at the lowest price, but rather at the most appropriate investment price range. From a medium to long-term investment perspective, especially in the new era of on-chain finance, ETH is the core investment asset, with allocations to projects like WLFI as core holdings. Our investment and data logic remains unchanged from previous research reports."
Yi Lihua: I remain firmly bullish on the fundamentals of ETH; the current fluctuations are within the normal range.
Yi Lihua, founder of Liquid Capital (formerly LD Capital), posted on the X platform stating that the fundamentals of ETH are firmly optimistic. However, since the major crash on October 11, market liquidity has significantly decreased, with the contract market dominating rather than the spot market. The current fluctuations are within a normal range, especially with the four-year cycle resonance and the upcoming Christmas. For spot investments, it is not necessarily about buying at the lowest price but the most suitable investment price range. From a medium to long-term investment perspective, especially in the new era of on-chain finance, ETH is the core investment asset, and WLFI and others are the core allocation investments. Our investment and data logic have not changed from previous research reports.
Market share plummets by 60%, can Hyperliquid return to the top with HIP-3 and Builder Codes?
Original Title: Hyperliquid Growth Situation Original Author: @esprisi0 Translation: Peggy, BlockBeats Editor's Note: Hyperliquid once dominated the decentralized derivatives sector, but its market share plummeted sharply in the second half of 2025, drawing industry attention: has it peaked, or is it laying out the next stage? This article reviews Hyperliquid’s three phases: from extreme dominance with a market share as high as 80%, to a loss of momentum dropping to 20% due to strategic transformation and intensified competition, and finally to a resurgence centered on HIP-3 and Builder Codes. The following is the original text: In recent weeks, concerns about Hyperliquid’s future have been mounting. The loss of market share, rapidly rising competitors, and an increasingly crowded derivatives sector have raised a key question: what is really happening beneath the surface? Has Hyperliquid already peaked, or is the current narrative overlooking deeper structural signals? This article will break it down step by step. Phase One: Extreme Dominance From early 2023 to mid-2025, Hyperliquid continuously set new historical highs on key metrics and steadily increased its market share, thanks to several structural advantages: An incentive mechanism based on points attracted massive liquidity; a first-mover advantage in launching new perpetual contracts (such as $TRUMP, $BERA) made Hyperliquid the most liquid venue for new trading pairs and the preferred platform for pre-listing trading (such as $PUMP, $WLFI, XPL). To avoid missing emerging trends, traders were compelled to flock to Hyperliquid, pushing its competitive edge to the peak; among all perpetual DEXs, it offered the best UI/UX experience; fees were lower than centralized exchanges (CEX); spot trading was launched, unlocking new use cases; Builder Codes, HIP-2, and HyperEVM integration; and even during major market crashes, it achieved zero downtime. As a result, Hyperliquid’s market share grew continuously for over a year, reaching a peak of 80% in May 2025. According to perpetual contract trading volume market share data provided by @artemis At that stage, the Hyperliquid team was clearly ahead of the entire market in terms of innovation and execution speed, with no truly comparable products in the entire ecosystem. Phase Two: The Rise of the "AWS of Liquidity" and Accelerated Competition Since May 2025, Hyperliquid’s market share has plummeted, dropping from about 80% to nearly 20% of trading volume by early December. @HyperliquidX market share (data source: @artemis) This relative loss of momentum compared to competitors can be attributed to several factors: Strategic Shift from B2C to B2B Hyperliquid did not double down on the pure B2C model, such as launching its own mobile app or continuously rolling out new perpetual contract products, but instead chose to shift to a B2B strategy, positioning itself as the "AWS of liquidity". This strategy focused on building core infrastructure for external developers to use, such as Builder Codes for the frontend and HIP-3 for launching new perpetual markets. However, this transformation essentially handed over the initiative for product deployment to third parties. In the short term, this strategy was not ideal for attracting and retaining liquidity. The infrastructure is still in its early stages, adoption takes time, and external developers do not yet have the distribution capabilities and trust that the Hyperliquid core team has built up over the long term. Competitors Seize the Opportunity During Hyperliquid’s Transition Unlike Hyperliquid’s new B2B model, competitors have maintained full vertical integration, allowing them to significantly accelerate the launch of new products. Since they do not need to delegate execution, these platforms retain full control over product releases and can quickly expand by leveraging their established user trust. As a result, they are more competitive than they were in the first phase. This directly translates into market share growth. Competitors now not only offer all the products available on Hyperliquid, but also launch features that HL has not yet rolled out (for example, Lighter has launched spot markets, perpetual stocks, and forex). Incentives and "Mercenary Liquidity" Hyperliquid has not run any official incentive programs for over a year, while its main competitors remain active. Lighter, which currently leads in trading volume market share (about 25%), is still in its pre-TGE points season. @Lighter_xyz market share (data source: @artemis) In DeFi, liquidity is more "mercenary" than anywhere else. A significant portion of the trading volume flowing from Hyperliquid to Lighter (and other platforms) is likely driven by incentives and related to airdrop farming. As with most perpetual DEXs running points seasons, Lighter’s market share is expected to decline after TGE. Phase Three: The Rise of HIP-3 and Builder Codes As mentioned earlier, building the "AWS of liquidity" is not the optimal short-term strategy. However, in the long run, this model precisely positions Hyperliquid to become the core hub of global finance. Although competitors have already copied most of Hyperliquid’s current features, true innovation still originates from Hyperliquid. Developers building on Hyperliquid benefit from domain specialization and can formulate more targeted product development strategies on top of the ever-evolving infrastructure. In contrast, protocols like Lighter, which remain fully vertically integrated, will face limitations when optimizing multiple product lines simultaneously. HIP-3 is still in its early stages, but its long-term impact has already begun to show. The main participants include: @tradexyz has launched perpetual stocks @hyenatrade recently deployed a trading terminal for USDe More experimental markets are emerging, such as @ventuals offering pre-IPO exposure, and @trovemarkets targeting niche speculative markets like Pokémon or CS:GO assets It is expected that by 2026, HIP-3 markets will account for a significant share of Hyperliquid’s total trading volume. HIP-3 trading volume (by Builder) The key driver that will ultimately restore Hyperliquid’s dominance is the synergy between HIP-3 and Builder Codes. Any frontend integrated with Hyperliquid can instantly access the full HIP-3 market, thus offering users unique products. Therefore, developers are strongly motivated to launch markets via HIP-3, as these markets can be distributed on any compatible frontend (such as Phantom, MetaMask, etc.) and tap into entirely new sources of liquidity. This is a perfect virtuous cycle. The continued development of Builder Codes makes me more optimistic about the future, both in terms of revenue growth and active user growth. Builder Codes revenue (data source: @hydromancerxyz) Builder Codes daily active users (data source: @hydromancerxyz) Currently, Builder Codes are mainly used by crypto-native applications (such as Phantom, MetaMask, BasedApp, etc.). However, I expect that in the future, a new class of super apps built on Hyperliquid will emerge, aiming to attract a completely non-crypto-native user base. This is likely to become the key path for Hyperliquid to scale up to the next stage, and will also be the focus of my next article. [ Original Link ]
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