crypto

Yaël Bizouati-Kennedy3/25/25

Trump keeps the crypto news coming with stablecoin announcement

It’s a busy day for Trump-related financial announcements. World Liberty Financial (WLFI), the Trump family-backed DeFi crypto project, announced it will launch a stablecoin, with “no games. No gimmicks. Just real stability.”

The dollar-pegged stablecoin will be “100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents.”

The firm plans to mint the tokens on both ethereum and Binance Smart Chain, “with plans to expand to other protocols in the future.”

BitGo will custody the reserves.

Zach Witkoff, WLFI cofounder, said in a press release:

“We’re offering a digital dollar stablecoin that sovereign investors and major institutions can confidently integrate into their strategies for seamless, secure cross-border transactions.”

The news comes on the heels of Trump Media & Technology Group saying it’s partnered with Crypto.com to launch a slew of ETFs via the Truth.Fi fintech brand. DJT soared on the news and is up 9% as of 11:00 a.m. ET.

Truth.fi was launched in January and filed several trademarks for “America-first” ETFs in February.

World Liberty Financial Plans to Launch USD1, the Institutional-Ready Stablecoin

The dollar-pegged stablecoin will be “100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents.”

The firm plans to mint the tokens on both ethereum and Binance Smart Chain, “with plans to expand to other protocols in the future.”

BitGo will custody the reserves.

Zach Witkoff, WLFI cofounder, said in a press release:

“We’re offering a digital dollar stablecoin that sovereign investors and major institutions can confidently integrate into their strategies for seamless, secure cross-border transactions.”

The news comes on the heels of Trump Media & Technology Group saying it’s partnered with Crypto.com to launch a slew of ETFs via the Truth.Fi fintech brand. DJT soared on the news and is up 9% as of 11:00 a.m. ET.

Truth.fi was launched in January and filed several trademarks for “America-first” ETFs in February.

More Crypto

Ethereum nears key levels as macro repricing weighs on crypto industry

Around $315.6 million worth of leveraged long positions would be liquidated on Hyperliquid if the price of ethereum dropped to $1,350.

In hot water

Yaël Bizouati-Kennedy

Half-price sale

Bitcoin falls 50% from all-time high and on track for its worst month since June 2022

“The market is priced for catastrophe,” the head of research at Amberdata said.

Bitcoin?

crypto

Sage D. Young2/23/26

Buterin’s sales, ETF outflow streak weigh on ethereum

The price of ethereum remains under pressure as ethereum cofounder Vitalik Buterin selling a tranche of his holdings and sustained spot ETF outflows act as headwinds for the second-largest cryptocurrency.

Buterin sold $5.9 million worth of ethereum over the past several days after withdrawing 3,500 tokens from lending protocol Aave, on-chain data from blockchain analytics firm Arkham Intelligence shows. Since the beginning of the month, Buterin has reportedly sold 8,000 tokens.

Vitalik Buterin sells ethereum

“Historically, his sales have funded ecosystem development or philanthropy rather than signaling reduced conviction,” per Kelly Ye, deputy chief investment officer of Avenir Group. “It may create short-term sentiment pressure, but it’s not necessarily a structural negative — especially given his continued active role in building ethereum,” Ye told Sherwood News.

Meanwhile, spot ethereum ETFs recorded $123.4 million in outflows last week, marking the fifth consecutive week of outflows. In total, nearly $1.4 billion has exited from the funds during the stretch, data from SoSoValue shows. “ETF outflows reflect positioning and liquidity conditions more than protocol fundamentals. ETH is still being treated tactically by many allocators rather than as a core allocation,” Ye added.

The longest outflow streak for the investment vehicles is eight weeks, occurring between February and April 2025, when the cryptocurrency dropped from $2,200 to under $1,600.

Still, pockets of demand persist. BitMine Immersion Technologies, the leading ethereum treasury firm, acquired roughly $100 million worth of tokens last week, according to a press release.

“In the midst of this ‘mini crypto winter,’ our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and in turn, optimizing the yield on our ETH holdings,” BitMine Chairman Tom Lee said in a statement.

Yaël Bizouati-Kennedy

Bitcoin market pain intensifies as ETF outflows continue and miner exits for AI

Meanwhile, Strategy is unfazed by bitcoin’s woes and announced its 100th bitcoin purchase.

Bitcoin store

Aave dips amid BGD Labs announcing it will cease contributions

“Their departure is the most significant talent loss in Aave’s history.”

Confrontation

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