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Showing posts with the label president trump

President Trump’s World Liberty Financial Sells $550,000,000 Worth of WLFI Tokens to 85,000 Participants

The Trump family-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has completed its second set of token sales. The DeFi protocol sold $250 million worth of its native WLFI tokens following a $300 million sale in October, per a new press release. The project originally said that 63% of all WLFI would be sold to the public, but according to its current whitepaper – or “gold paper”– World Liberty Financial appears to have lowered that to 35%. World Liberty says more than 85,000 total participants underwent a know-your-customer (KYC) process to determine eligibility for the token sales. The DeFi project has invested in a “strategic reserve” of 11 different crypto assets, but the blockchain tracking firm Lookonchain noted over the weekend that WLFI’s portfolio is losing on every single token and down nearly $120 million in total. World Liberty notes in the fine print on its website that President Donald Trump is not an ...

Bitcoin and Altcoins Primed To Go ‘Completely Wild With Irrational Valuations,’ Says Trader – But There’s a Catch

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Cryptocurrency analyst and trader Michaël van de Poppe is outlining two potential paths for Bitcoin (BTC) and altcoins over the coming months. In the first scenario, Van de Poppe tells his 169,000 YouTube subscribers that Bitcoin and altcoins will have “one hell of a year.” According to the analyst, the crypto market will follow the four-year cycle with Bitcoin peaking in the fourth quarter of 2025 while altcoins will have a bullish run in the first quarter of 2026. The four-year cycle is based on Bitcoin halving events when BTC miner rewards get slashed in half, triggering a supply and demand imbalance that has previously led to bullish crypto market conditions. In the second scenario, Van de Poppe says Bitcoin and altcoins will have even bigger rallies as equities rise in prices, too, all fueled by President Trump’s policies. “The second scenario for Bitcoin is that the last cycle [2020 to 2024] has peaked too early. This cycle has bare...