Trump-linked WLFI’s 40% decline causes millions in losses for crypto whales

Whales, or big cryptocurrency investors, have lost millions of dollars by betting on the price appreciation of the Trump family-linked World Liberty Financial (WLFI) token. Since its launch on Monday, the WLFI token’s price fell by over 40%, despite a large-scale token burn event that permanently reduced the token’s circulating supply, aiming to tighten supply…

Offshore Crypto Exchange’s Won’t Use FBOT Framework To Do Business in US

The recent Commodity Futures Trading Commission (CFTC) advisory on offshore exchanges serving US residents under the Foreign Board of Trade (FBOT) framework won’t bring offshore crypto exchanges back to the US, according to Eli Cohen, general counsel at real-world asset (RWA) tokenization company Centrifuge. Cohen told Cointelegraph that settlement, clearing, and other regulatory requirements designed…

Here’s Why Analysts Say DOGE Price Could Rally Toward $1

Key takeaways: From memecoin to mainstream? The first $175 million DOGE treasury is launched. DOGE price bullish megaphone pattern puts a 550% rally to $1 in play. Dogecoin’s (DOGE) price rallied 10% from its monthly lows at $0.205 to an intraday high of $0.224 on Thursday. This move was fueled by the launch of the…

Justin Sun urges Trump’s WLFI to unlock “unreasonably” frozen Tokens

Update Sept. 5, 11:20 a.m. UTC: This article has been updated to include insights from Coinbase’s Conor Grogan. Tron founder Justin Sun is urging World Liberty Financial (WLFI), a crypto project linked to the Trump family, to unfreeze his token allocation. His wallets were blacklisted after suspicious transactions flagged by blockchain trackers sparked accusations of…

Bitcoin Dives Back Under $111,000 Despite Nonfarm Payrolls Miss

Key points: Bitcoin disappoints with volatility around US jobs data, resulting in a dive under $111,000. BTC price action gives up all its gains while gold goes on to hit yet another all-time high. Traders maintain expectations of a $100,000 support retest. Bitcoin (BTC) flipped volatile at Friday’s Wall Street open as US jobs data…

Tokenizing Car Reservations Can Open Up A Trillion-Dollar Market

Opinion by: Evan Kuhn, president of DeLorean Labs When car manufacturers develop a new model, their fragmented logistics and sales cycle mean that even if a customer puts down a deposit, they have no feasible or reliable way of projecting delivery for that car.  Eager car buyers can wait months or even years after paying…

ARK Invest Buys BitMine and Bullish Stock Across Flagship ETFs

Cathie Wood’s ARK Invest has continued its crypto stock shopping spree, adding more shares of BitMine Immersion Technologies and crypto exchange Bullish across its flagship ETFs. According to trade disclosures from Friday, ARK’s Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF) collectively bought over 387,000 shares of BitMine and 144,000…

Polygon Dev Accuses Trump-Linked WLFI of Stealing Tokens

A crypto developer has accused World Liberty Financial (WLFI), a crypto project with ties to US President Donald Trump, of stealing his funds by refusing to unlock his tokens. In a Saturday post on X, Polygon DevRel Bruno Skvorc shared an email from WLFI’s compliance team, which flagged his wallet address as “high risk” due…

Why betting on XRP’s 2017 bull run could be extremely risky in 2025

Key takeaways: Unlike 2017, long-term XRP holders have already shifted from euphoria into doubt. The XRP/BTC pair remains 90% below its 2017 peak and is stuck in a distribution zone. Several XRP (XRP) analysts are referencing old bullish charts to predict new price booms, with multiple commentators, including CRYPTOWZRD and JD, arguing that XRP’s current…

Adam Back Warns Against Rise of ‘JPEG Spam’

Adam Back, an early Bitcoin developer and the co-founder and CEO of Blockstream, has weighed in on the debate about what he calls “JPEG spam” on the Bitcoin blockchain. Back argues that it undermines the cryptocurrency’s core purpose as money in a thread on X (formerly Twitter) on Friday. Bitcoin should be considered “owned by…