Daily News 19

Tag: World Liberty Financial

  • World Liberty Financial: Can $6M Whale Buying Push WLFI Back to $0.06?

    World Liberty Financial: Can $6M Whale Buying Push WLFI Back to $0.06?

    World Liberty Financial ($WLFI) Price Analysis: Whale Accumulation Counters Founder Sell Concerns

    World Liberty Financial ($WLFI) reached a local high of $0.061 four days ago before retracing sharply. At press time, the token trades around $0.058 with trading volume down 13% to $42 million, signaling a market slowdown.

    Whale Accumulates $6.18 Million in $WLFI

    Despite cooling momentum, on-chain data reveals significant whale accumulation. According to Arkham Intelligence data highlighted by Nazoku, a single whale withdrew 90 million $WLFI from Binance and received an additional 18.7 million $WLFI from other wallets, totaling 108.45 million $WLFI worth approximately $6.18 million.

    This sustained buying pressure suggests strong optimism from major holders anticipating further gains.

    Exchange Netflows Confirm Accumulation Trend

    CoinGlass data shows Spot Netflow has remained negative for 12 consecutive days, indicating consistent withdrawal of tokens from exchanges into private wallets. Historically, extended periods of negative netflow have often preceded stronger price performances.

    Founder Token Movements Raise Selling Pressure Concerns

    Market caution persists due to reported actions by the Trump family and co-founders. The Washington Sun reported that Trump and other founders moved 20 billion $WLFI into new vesting contracts, a structural step that would enable future cash-outs and payouts.

    This development has intensified concerns among market participants and watchdogs regarding potential conflicts of interest and significant selling pressure if major holders decide to liquidate positions.

    Technical Indicators: Bullish Structure With Reversal Risks

    Current technical analysis presents a mixed but cautiously optimistic picture:

    • Bulls vs. Bears (BvB) indicator: Positive at 5, indicating buyer dominance
    • Relative Strength Index (RSI): Hovering above 50, suggesting active buyers and trend continuity

    Key price levels to watch:

    • Bullish scenario: If whale demand holds, $WLFI could close above $0.058–$0.06
    • Bearish scenario: Persistent slowdown could push RSI below 50, signaling trend reversal with potential decline to $0.054

    Summary

    • A World Liberty Financial whale purchased 108 million $WLFI worth $6.18 million across recent transactions.
    • Market structure remains bullishly cautious amid allegations that Trump family and founders are preparing to sell holdings via new vesting contracts.
  • Trump Meets Advisers on CLARITY Act Ahead of Tuesday Vote

    Trump Meets Advisers on CLARITY Act Ahead of Tuesday Vote

    President Donald Trump convened advisers on Friday, September 11, to negotiate the ethics language holding up the Digital Asset Market Clarity Act, four days before a pivotal Senate cloture vote that requires 60 votes to advance the legislation. Politico first reported the closed-door session, citing two people familiar with the talks. Neither the White House nor the negotiators disclosed the outcome. By Sunday, no revised text had circulated. Trump’s crypto policy adviser, Patrick Witt, struck an upbeat tone the following day, writing that it was a “Bad day to be a Clarity Act doomer.” He did not specify what had changed. With the Senate returning Monday, lawmakers have one working day before taking a public position on Tuesday.

    One paragraph of ethics text stalls a 630-page bill

    Lawmakers resolved most of the CLARITY Act months ago. The sole remaining obstacle is a conflict-of-interest provision targeting officials who profit from digital assets—a clause that describes the sitting president with uncomfortable precision. Trump previously accepted a version brokered by Senator Cynthia Lummis, but Senate Democrats and at least one Republican, Thom Tillis, deemed it too weak to secure their votes. Tillis has warned the bill collapses without a White House agreement. The current draft bars officials and their spouses from issuing tokens, yet permits them to hold crypto personally, exempts their children, and sunsets in 2029.

    Trump family collects 75% of $WLFI sale proceeds

    The Trump family launched World Liberty Financial in September 2024, with Donald Trump Jr., Eric Trump, and Barron Trump serving as its web3 ambassadors. The venture operates a governance token, $WLFI, and a dollar-pegged stablecoin, USD1, backed by Treasuries and custodied by BitGo. Under the project’s own disclosures, an entity tied to Trump and family members receives 75% of $WLFI sale proceeds after reserves, and the family holds billions of tokens directly. Trump reported more than $1 billion in crypto income for 2025, including roughly $515 million from $WLFI sales. Senator Elizabeth Warren said the draft does nothing to stop him from “vacuuming up his next $1.4 billion in crypto profits.”

    The token has punished outside buyers, trading below $0.06 while early investors remain locked out of most of their holdings. In August, the Office of the Comptroller of the Currency granted a World Liberty affiliate preliminary approval to pursue a national trust bank charter, which would tie the family’s finances to a federally regulated bank for the first time.

    CLARITY Act splits crypto oversight between SEC and CFTC

    Stripping away the politics, the bill draws the regulatory line the two agencies have contested for a decade. A maturity test determines which regulator governs a token: the network must be fully operational, no single entity may control more than 20% of supply or voting power, and founders cannot hold unilateral upgrade authority. Tokens clearing that threshold move from securities law to commodities law, sharply altering their compliance burden.

    How the maturity test works

    • Network status: Fully operational
    • Control threshold: No single holder controls more than 20% of supply or votes
    • Founder authority: No unilateral upgrade power

    Payment stablecoins fall into a shared SEC-CFTC category, with core rules already established by the GENIUS Act.

    Cloture requires 60 votes; Republicans hold 53

    Tuesday’s vote is a procedural cloture motion to begin debate, not final passage. The arithmetic remains unforgiving. Republicans need at least seven Democrats to cross over, and the likeliest Democratic supporters tied their backing to stronger ethics language that never materialized during the recess. The House demonstrated this coalition can hold when the ethics fight subsides, passing the bill 294–134 in July 2025 with 78 Democrats in favor. The Senate Banking Committee advanced its version 15–9 in May. The floor is where personal stakes become explicit, and where Senator Ruben Gallego is drafting a compromise no one has yet endorsed.

    Cloture math at a glance

    Category Count
    Votes needed to proceed 60
    Republican senators 53
    Additional Democrats required 7+

    Key senator positions

    • Rand Paul (R): Firm no
    • Josh Hawley (R): Firm no
    • Thom Tillis (R): Conditional
    • 7 pro-crypto Democrats: Undecided
    • Kirsten Gillibrand (D): Hard line on ethics

    Disclosure without divestment leaves conflict intact

    The administration’s proposed compromise leans on transparency: officials would report crypto holdings rather than divest. Watchdogs argue disclosure does little when assets are liquid and volatile, because knowing what a president owns does not prevent those tokens from moving on the policies he signs. Warren’s committee staff found the provisions riddled with loopholes and noted enforcement would fall to a Justice Department he appoints. Transparency International reached the same conclusion. Friday’s meeting did not visibly close that gap.

    Failed vote hands crypto to agency rulebooks until at least 2029

    Prediction markets have priced in the difficulty. Polymarket odds of 2026 passage slid from 82% in February to roughly 16% by late August, and Galaxy Digital cut its estimate near 10%. A failed cloture vote would end the bill’s legislative year and leave the industry under regulation by enforcement, with the SEC, CFTC, and OCC each writing pieces of the rulebook on their own terms. The SEC has already proposed exempting certain token offerings from securities registration. That reality has fueled the argument that crypto regulation can advance even if CLARITY stalls—a view gaining traction among executives who would prefer a statute but expect to operate without one. Europe’s MiCA regime is already live and licensing firms, and a prolonged U.S. stalemate cedes that ground abroad.

    A calendar problem looms beyond Tuesday

    A timing issue the vote counts rarely mention compounds the uncertainty. The House has canceled its late-September voting weeks to focus on the midterm campaign, meaning even a Senate substitute would need identical House text or a lame-duck session after the November 3 elections to reach the president’s desk. Tuesday reads less as a finish line than as a signal of whether a 2026 deal remains mathematically alive.

  • TRUMP Price Prediction: Does World Liberty’s Bank Deal Change Its Outlook?

    TRUMP Price Prediction: Does World Liberty’s Bank Deal Change Its Outlook?

    $TRUMP enters September in a tightening triangle after one of its most volatile weeks yet. The token surged 80% before reversing 33% almost immediately, with the decline linked to insider wallet transfers. The price swings come as political scrutiny intensifies around both the token and the wider Trump family crypto business.

    $TRUMP Price Analysis: Triangle Breakout Could Come in September

    $TRUMP has spent the past two weeks consolidating inside a symmetric triangle. Resistance slopes downward from the $3.70 spike high recorded on August 22, while support rises from the $1.60 base reached on August 19. The token is currently trading at $2.8132, near the triangle’s upper boundary.

    The 20-period EMA at $2.4724 and the 50-period EMA at $2.2652 remain below the current price and are turning higher as they catch up with this month’s sharp rally. The RSI stands at 69.41, just below overbought territory after reaching 80 twice during the sharp moves around August 20 and 22.

    The triangle’s apex is due in early September, making a breakout or breakdown likely during the first half of the month. A daily close above the $2.90-$3 range would confirm a breakout, while a move below $2.40 could send the price back toward the EMA cluster.

    $TRUMP News: Sheikh Tahnoon Backs 49% Stake in World Liberty’s New Bank

    The Wall Street Journal reported that Abu Dhabi’s Sheikh Tahnoon bin Zayed al Nahyan, the UAE’s national security adviser, backs the largest stake in World Liberty Financial’s new bank, with a 49% ownership position. The bank received preliminary approval from the Office of the Comptroller of the Currency to manage USD1, World Liberty’s $4 billion stablecoin.

    Tahnoon previously invested $500 million in World Liberty in January 2025, days before Trump’s inauguration. The deal directed $263 million to Trump family entities. An entity affiliated with the Trump family owns 38% of the new bank.

    Regulators required an unusual passivity agreement from Tahnoon’s shareholding entity. It was only the second such requirement imposed since Trump returned to office.

    Ethics experts raised concerns about the timing because the expanded business relationship is developing alongside the administration’s separate approval of AI chip exports benefiting Tahnoon’s firm, G42. The White House denied any conflict of interest.

    Senators Ask SEC to Investigate Possible “Rug Pull”

    Senators Warren and Blumenthal formally asked the Securities and Exchange Commission to investigate whether $TRUMP is an illegal scam. They cited reports that investors lost a combined $3.8 billion, while Trump-linked wallets gained approximately $636 million.

    SEC guidance issued in February 2025 generally exempts memecoins from securities law, although the guidance does not protect projects that use the label to evade regulation. The SEC has not responded publicly.

    Insider Wallets Continue Removing $TRUMP Liquidity

    Wallets linked to the $TRUMP project withdrew USDC from liquidity pools again on August 24, extending a pattern that has been tracked since April 2025.

    The latest withdrawals, combined with the earlier $6.2 million transfer to OKX that triggered this month’s 33% pullback, have kept concerns about insider selling in focus rather than making them a one-off issue.

    $TRUMP Price Prediction: September Upside and Downside Targets

    Bullish Case: $3.69 Target

    $TRUMP could hold triangle support around $2.40-$2.47 and break above resistance between $2.90 and $3 on a daily close. Continued attention on World Liberty’s bank approval or a favorable SEC outcome could encourage renewed buying toward the August spike high of $3.69.

    Bearish Case: $2.02 Risk Level

    $TRUMP could fail at triangle resistance and break below ascending support, repeating August’s sharp rally-and-reversal pattern. Continued insider withdrawals or any formal SEC action could drive the price toward the 100-period EMA at $2.02, with the 200-period EMA at $1.82 representing the next lower level.

    Source: cryptonews.net

  • Trump Family Crypto Schemes Cost Investors Over $4.7 Billion

    Trump Family Crypto Schemes Cost Investors Over $4.7 Billion

    Trump Family Crypto Ventures Cost Investors Over $4.7 Billion, Public Citizen Report Finds

    A new report from the watchdog group Public Citizen reveals that investors in cryptocurrency schemes launched by the Trump family have collectively lost more than $4.7 billion. The findings, published Thursday, arrive as President Donald Trump urges the Senate to pass crypto market structure legislation next month.

    Official Trump Memecoin Drives $3.2 Billion in Investor Losses

    The Official Trump (TRUMP) memecoin stands as the primary source of losses, accounting for $3.2 billion. The president unveiled the token three days before beginning his second term. According to Public Citizen, the token surged to a trading price above $73 within two days of its launch before collapsing. It currently trades below $2, as reported by Cointelegraph and Raw Story.

    Public Citizen emphasized that the $3.2 billion figure represents wealth transferred to early insiders rather than vanished funds. Data shows that 1% of wallets captured 80% of gains, while 65% of holders remain underwater, collectively nursing the $3.2 billion loss.

    President Trump did not lose money on the venture. He neither invested nor spent cash on his wallet, which is valued at $271 million. Additionally, he earned $635 million in licensing fees from the token last year, according to Raw Story.

    World Liberty Financial Tokens and NFT Trading Cards Add to Losses

    World Liberty Financial’s governance token—linked to the project founded by Eric Trump and Donald Trump Jr.—accounts for at least another $1 billion in total losses. The token peaked at $0.33 in September 2025 and now trades below $0.06. Public Citizen notes that private purchasers who bought in at $0.015 or $0.05 are up 15% to 283%, while public market buyers near the peak may be down 83%.

    The 2022 Trump NFT trading cards, initially sold at $99 each, saw overall value plummet from $12.3 million to $3 million, leaving holders nearly $9.3 million in losses. Trump collected $7.2 million in licensing fees and royalties from the cards.

    One asset avoided significant harm. Public Citizen says that buyers of World Liberty’s USD1 stablecoin haven’t suffered major losses.

    Trump’s Crypto Earnings Top $1.4 Billion Amid Investor Losses

    The report tallies the former president’s earnings across these projects:

    • $7.2 million from NFT trading cards
    • $600 million-plus from World Liberty token sales and equity position
    • $635 million from memecoin licensing fees
    • $197 million in capital contributions to World Liberty

    These figures align with Trump’s 2025 crypto-related earnings totaling $1.4 billion, excluding his equity positions in the companies.

    The White House did not immediately respond to a Cointelegraph request for comment. Spokesperson Anna Kelly previously stated there were no conflicts of interest regarding Trump’s crypto assets.

    Public Citizen Urges Ethics Provisions in CLARITY Act

    Zach Everson, research director for Public Citizen’s Trump Accountability Project and the report’s author, urged critics not to mock buyers. Trust me, I get the desire to sneer, he wrote in a Thursday post, before arguing that buyers got screwed over nevertheless.

    Public Citizen used the findings to renew its call for ethics provisions in the Digital Asset Market Clarity (CLARITY) Act, arguing that the president’s policy choices and personal portfolio cannot be separated and that any market-structure law should force a sitting president and his family to divest from the industry.

    Legislative Timing and Senate Hurdles

    The timing is deliberate. Trump met with crypto executives last week and called for a fair version of the CLARITY Act to pass once the Senate reconvenes. The bill faces a cloture vote on September 15 and requires at least 60 senators to advance.

  • WSJ: UAE Royal Sheikh Tahnoon Bin Zayed Holds 49% Stake in Trump-Linked World Liberty Financial Banking Venture

    WSJ: UAE Royal Sheikh Tahnoon Bin Zayed Holds 49% Stake in Trump-Linked World Liberty Financial Banking Venture

    UAE National Security Adviser Reportedly Holds 49% Stake in Trump-Linked Crypto Banking Venture

    The Wall Street Journal reports that Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates’ national security adviser, holds a 49% stake in the banking venture of World Liberty Financial (WLFI), the cryptocurrency project associated with the Trump family. The report identifies Sheikh Tahnoon as a key backer and shareholder of the U.S. bank that WLFI is preparing to launch through its unit, World Liberty Trust.

    Regulatory Milestone: OCC Conditional Approval

    The Office of the Comptroller of the Currency (OCC), the primary U.S. federal banking regulator, has conditionally approved a bank charter for World Liberty Trust. This conditional approval represents a significant regulatory step for the venture, though it remains subject to specific conditions and final authorization. The OCC’s decision allows the charter process to advance while the applicant works to meet all regulatory requirements.

    Profile: Sheikh Tahnoon bin Zayed Al Nahyan

    Sheikh Tahnoon serves as the UAE’s national security adviser and is a member of the Abu Dhabi royal family. Often referred to as the “spy sheikh” due to his intelligence portfolio, he is a prominent figure in Emirati finance and technology investment. His reported involvement adds a substantial international dimension to the Trump family’s cryptocurrency banking initiative, prompting questions about foreign investment in U.S. financial institutions and the regulatory scrutiny such arrangements attract.

    Implications for Crypto-Banking Convergence

    This development underscores the accelerating intersection between traditional banking and cryptocurrency, as well as the growing participation of sovereign-linked investors in U.S. financial ventures. If finalized, the bank would mark a notable entry of a crypto-aligned entity into the regulated U.S. banking system.

    However, the involvement of a foreign royal family member raises potential concerns regarding national security and compliance with U.S. banking laws, particularly around foreign ownership thresholds and influence. The OCC’s conditional approval suggests these issues are under active review, but the final outcome remains uncertain.

    Why This Development Matters

    For industry observers, this story highlights the evolving landscape of cryptocurrency regulation and the complex relationships between political figures, financial innovation, and international capital. The outcome could set a precedent for how crypto-related banking ventures are treated by U.S. regulators, especially when foreign stakeholders hold significant equity positions.

    Key Facts at a Glance

    • Entity: World Liberty Financial (WLFI) / World Liberty Trust
    • Reported Stakeholder: Sheikh Tahnoon bin Zayed Al Nahyan (49% per WSJ)
    • Regulatory Status: Conditional bank charter approval from the OCC
    • Significance: Potential first crypto-aligned bank with major foreign sovereign-linked ownership

    Related Developments

    This is a developing story. Further details are expected to emerge as regulatory processes advance and additional reporting becomes available.

  • Trump Crypto Ventures Leave Investors $4.7 Billion Underwater, Report Shows

    Trump Crypto Ventures Leave Investors $4.7 Billion Underwater, Report Shows

    Public Citizen estimates that investors in five Trump-linked cryptocurrency ventures have suffered at least $4.7 billion in combined losses through 2025, while former President Donald Trump personally generated approximately $1.4 billion in crypto-related income during the same period, according to the nonprofit watchdog’s analysis and the president’s financial disclosures.

    Breakdown of Estimated Investor Losses Across Trump Crypto Products

    The $4.7 billion figure aggregates both realized and unrealized losses across the following assets:

    • Official Trump memecoin ($TRUMP): $3.2 billion
    • World Liberty Financial governance token ($WLFI): At least $1 billion
    • Trump Media digital-asset treasury: $450 million
    • Trump Digital Trading Cards (NFTs): $9.3 million
    • World Liberty $USD1 stablecoin: No major loss assigned

    Public Citizen noted that $USD1 is designed to maintain a $1 peg and has not experienced a sustained de-pegging event. The organization emphasized that unrealized losses reflect current market values for holders who have not sold, meaning final totals could shift if prices recover or decline further.

    $TRUMP Memecoin: Wealth Transfer from Late Buyers to Early Insiders

    Launched on January 17, 2025 — three days before Trump returned to the White House — the $TRUMP token surged from under $1 to an all-time high of $73.43 before surrendering most of those gains. Citing blockchain intelligence firm Nansen, Public Citizen reported that approximately 1 million retail wallets (65% of those analyzed) were underwater by a combined $3.2 billion.

    Only about $400 million of that total represented realized losses through sales. The top 1% of profitable wallets captured roughly $2.7 billion (80% of all gains), while wallets that entered during the token’s first two days collected nearly 90% of profits.

    In July, crypto.news reported Nansen’s finding that nearly 989,000 wallets accumulated $3.81 billion in realized and paper losses through June 30. Public Citizen attributed the discrepancy to different wallet filters and measurement dates.

    Trump’s Estimated $1.4 Billion in 2025 Crypto Income

    While investors absorbed losses, Public Citizen calculated Trump’s proceeds from the ventures:

    • $635 million in licensing fees from $TRUMP (via CIC Digital LLC, a Trump-owned company that licensed its brand rather than investing directly)
    • $557 million from $WLFI token sales ($527 million in 2025 + ~$30 million in late 2024)
    • $65.6 million from an equity transaction tied to World Liberty Financial
    • $7.2 million+ from digital trading card licensing and royalties

    Two project-affiliated companies retained 80% of $TRUMP’s 1 billion-token supply, scheduled to unlock over three years, and also earn trading-fee revenue regardless of token price direction.

    Trump’s June 2026 annual financial disclosure placed his 2025 crypto-related income above $1 billion, with some calculations nearing $1.4 billion. The filing also listed a cold-wallet Bitcoin position worth over $50 million, a smaller Ethereum holding, and ~$1.8 million in ether staking rewards, along with ongoing exposure to $WLFI and $USD1 (often reported in value ranges per federal ethics rules).

    $WLFI Token: Peak Buyers Down Over 80%

    $WLFI hit a record $0.3313 on September 1, 2025, but Public Citizen valued it at $0.05744 at report time — an 83% decline for peak buyers.

    The largest estimated loss came from AI Financial Corporation (formerly ALT5 Sigma), a Nasdaq-listed firm that acquired 7.28 billion $WLFI tokens for ~$1.46 billion in August 2025. By June 2026, the position was valued at $421 million, implying a ~$1.04 billion paper loss.

    Among ~31,000 likely retail wallets purchasing $WLFI via Ethereum DEXs, Nansen found 25,000 (82%) underwater as of August 3, with $54 million in losses versus $24 million in gains. Centralized exchange activity was excluded due to lack of public account-level data, making the $1 billion estimate a minimum.

    Trump Media Shareholders Face $450 Million Treasury Loss

    Public Citizen attributed a $450 million loss to Trump Media shareholders tied to the company’s digital-asset treasury, noting investors bought shares in a publicly traded U.S. corporation that later allocated corporate funds to cryptocurrencies.

    White House Denies Ethics Concerns

    White House spokesperson Anna Kelly denied that the president’s business interests create an ethics problem. She stated that “neither Trump nor his family has engaged in conflicts of interest,” and the White House maintains that “the president does not participate in the management of his companies.”

    CLARITY Act and Renewed Push for Presidential Divestiture

    Following its loss estimate, Public Citizen called for the CLARITY Act to require a sitting president and immediate family members to divest from crypto ventures, arguing that federal digital-asset policy and the president’s private financial interests “cannot be separated.”

    The bill would:

    • Establish federal categories for digital assets
    • Divide oversight between the SEC and CFTC
    • Impose registration, custody, disclosure, and customer-asset rules for firms serving U.S. investors

    Ethics restrictions remain a key dispute in Senate negotiations, alongside DeFi rules and stablecoin yield provisions. Democratic lawmakers have pressed for limits on crypto holdings by elected officials; the White House rejects claims that Trump’s ventures influence policy.

    Senate Investigation Requests and Upcoming Procedural Vote

    Senators Elizabeth Warren and Richard Blumenthal separately asked the SEC in August to investigate whether the $TRUMP token facilitated fraud or improper enrichment after its price fell ~98% from peak. Their request did not establish securities fraud, and the SEC would first need to determine whether federal securities laws apply to the token.

    Trump met with crypto executives and federal regulators at the White House on August 19, urging lawmakers to approve a “fair version” of the legislation. Attendees included leaders from Coinbase, Robinhood, Kraken, Ripple, and other digital-asset firms.

    The Senate’s scheduled procedural vote is set for September 15 at 2:15 p.m. Eastern. Sixty senators must support cloture to begin debate; passage would still leave amendments, a final Senate vote, and reconciliation with the House-approved text.