World Liberty Financial has closed its token sale, raising about $550 million from selling 25% of WLFI’s supply.Around 25% of its 100 billion tokens have been sold, whereas its co-founder said 63% of the total supply is set to be sold to the public.
At the opening of the US stock market, the Dow Jones Industrial Average rose 259 points, the Nasdaq rose 227 points, and the S&P 500 index rose 0.92%.
Odaily Planet Daily News: According to Arkham monitoring data, a total of 25353 ETH were transferred from Grayscale to Coinbase Prime addresses, including: 1. Grayscale Ethereum Mini Trust Fund transfers 2826 ETH to Coinbase Prime Deposit; 2. Grayscale Ethereum ETF transfers 22537 ETH to Coinbase Prime hot wallet.
According to Bloomberg, at a futures industry conference held in Florida this week, traditional financial executives' attitudes towards cryptocurrencies have changed and they are beginning to explore business partnerships with cryptocurrency companies. The Trump administration's support for digital assets has boosted Wall Street's confidence, Citadel Securities、 Companies such as the Chicago Mercantile Exchange Group and the Intercontinental Exchange plan to increase their presence in the cryptocurrency sector. Catherine Clay, Head of Derivatives at Cboe Global Markets, stated in an interview at the conference that the topic of cryptocurrency has once again become a hot topic after years of silence. Citadel Securities, owned by Ken Griffin, who once held a conservative attitude towards digital assets, is now seeking to delve deeper into this field as a liquidity provider for cryptocurrencies. After surpassing Binance to become the world's largest Bitcoin derivatives exchange, CME Group further expanded its business territory by launching Solana futures. Insiders revealed that the Intercontinental Exchange also sees opportunities to intervene and compete with CME. Jeanine Hightower Selitto, Chief Business and Strategy Officer of EDX Markets LLC, predicts that more companies will enter the cryptocurrency field by the end of the year. Wall Street also recognizes that blockchain technology will be the key to the transition of the US stock market to round the clock trading.
Odaily Planet Daily News: Kaito AI founder Yu Hu posted on X platform, saying, "A liquid fund investor asked me why it is necessary to strategically acquire KAITO at such a high growth stage, after all, any conventional repurchase plan in the stock market means that you will exhaust other growth means. For me, the reason is simple - the biggest problem with most tokens in the crypto field is coordination/governance. No matter which growth stage they are in, if the success of the network does not benefit token holders, why would anyone be willing to risk their capital on you? Frankly speaking, this applies not only to strategic KAITO reserves, but actually to everything we do at Kaito
Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408 315 International Consumer Rights Day may have an impact on Bitcoin. On the one hand, as regulatory attention increases, relevant departments will strengthen the rectification of financial market chaos. If there are illegal activities such as fraud, illegal fundraising, and money laundering in the Bitcoin market, they will be closely monitored and investigated, which will bring psychological pressure to market participants and lead to short-term fluctuations. For example, when China is cracking down on virtual currency related businesses, the Bitcoin market will be greatly affected. On the other hand, during the 315 period, the media focused on market issues. If negative events related to Bitcoin are exposed, the public will re-examine them, affecting investor sentiment and market confidence, and hindering market trading. In history, Bitcoin has experienced several sharp drops caused by various factors, such as the 85% drop caused by hacker attacks in 2011, the drop from $250 to around $40 in less than a week in April 2013, the drop from $20000 to $3122.28 in 2017-2018, and the drop from about $9000 to $3850 in 24 hours in March 2020 due to COVID-19. Next, let's take a look at the technical aspect: Technical analysis of BTC and ETH: Currently, BTC has fallen back to the weekly lower support of around 76000, rebounded to around 84000 pressure, fell below around 70000, broke through to around 90000, ETH has fallen below 2000, defended to around 1750, rebounded to around 1950, fell below 1500, and broken through to 2300. Currently, there are signs of rebound on the daily chart within four hours. If we cannot break through, we can get on the train. So, how can we catch up with this wealth train? Teacher Zhao Yun, who has 9 years of practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail. Disclaimers The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.