Get all the essential updates on cryptocurrency today, including major market movements, regulatory developments, and key events influencing digital assets like Bitcoin, Ethereum, DeFi protocols, NFTs, and Web3 projects.
Today’s highlights include World Liberty Financial, linked to the Trump family, planning to create a Nasdaq-listed treasury company valued at approximately $1.5 billion to hold WLFI tokens. This move places it among a growing trend of publicly traded firms holding crypto reserves.
The details of the structure remain under discussion, with leading technology and crypto investors already in talks, signaling rapid progress in this major initiative.
Additionally, significant liquidation of Ether shorts occurred as the price of Ethereum surpassed $4,000, marking its highest level since December 2024. This event wiped out around $105 million in short positions, accounting for over half of the crypto market’s total short liquidations, fueling speculation about an upcoming short squeeze.
Moreover, Bo Hines, the Executive Director of the White House Crypto Council, announced his resignation to return to the private sector, while maintaining his commitment to advocating for digital assets. The council has played a key role in shaping the regulatory landscape for cryptocurrencies in the US.
Ukraine’s parliament is also moving forward with cryptocurrency regulation, planning the inaugural reading to formalize rules around digital assets, highlighting global momentum toward clearer crypto policies.
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