World Liberty Financial, a decentralized finance platform with ties to President Donald Trump’s family, moved 10,000 ETH, valued at $33 million.
The SEC could consider approving staking for ETFs, boosting sentiment and prices for the second-largest cryptocurrency, market observers said.
New data from crypto analytics platform Arkham reveals that President Donald Trump's decentralized finance (DeFi) platform has become a top 0.1% holder of staked Ethereum (ETH) after gobbling up tens of millions of dollars worth of the asset.
The Trump family may expand its involvement in the cryptocurrency industry by launching an Ethereum-based business. This follows the release of several Trump-branded memecoins and Donald Trump’s inauguration as the 47th president of the United States on Jan.
As Donald Trump took oath as the 47th President of the U.S. on Monday, World Liberty Financial, a cryptocurrency project backed by him, announced a series of strategic purchases, including Ethereum (CRYPTO: ETH) and Wrapped Bitcoin (CRYPTO:
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs registered inflows of $3.26 billion and $74.43 million, respectively, over the past four days. The surge comes despite President Donald Trump‘s unexpected omission of crypto-talk in his inauguration speech and the following volatility in the cryptocurrency market.
Then, at 9 p.m., Trump pulled one over on the partygoers.
The team behind President Donald Trump's crypto operations is on an aggressive accumulation spree of crypto assets before and during the 2025 inauguration ceremony.
Trump DeFi project World Liberty Financial bought worldliberty.eth, trumpcoin.eth, erictrump.eth, and barrontrump.eth on Sunday night.
World Liberty Financial, linked to Donald Trump, purchased 4 ENS domains before his inauguration, including trumpcoin.eth and erictrump.eth.
Ethereum (ETH) is trading near $3,270 as staking protocol Lido co-founder Konstantin Lomashuk hinted at the creation of a Second Foundation. This follows recent community backlash against the Ethereum Foundation (EF) concerning several issues plaguing the top smart contract blockchain network.
ConsenSys founder Joe Lubin said that the issuers of the Ethereum ETFs will soon get a regulatory nod to be able to offer staking feature.