š Crypto Alert! Trump-backed World Liberty Financial (WLFI) has reportedly sold 5,471 Ethereum (ETH) at $1,465 per coin, marking a significant loss. Originally purchasing 67,498 ETH for $210 million, WLFI faces an unrealized loss of $125 million. Despite this, WLFI is expanding with USD1, a stablecoin backed by cash and U.S. Treasuries, live on Ethereum and BNB Chain. Established in 2024, WLFI raised $550 million, including $75 million from Tronās Justin Sun. What are your thoughts on WLFI's strategy? Share in the comments! š¬
A wallet potentially linked to World Liberty Financial sold 5,471 ETH worth $8.01M at $1,465.
Previously, WLFI purchased 67,498 ETH for about $210M at an average price of $3,259, resulting in a current ~$125M loss.
š XRP enthusiasts, listen up! Analysts say XRP is nearing a key accumulation zone, hinting at a potential rally. Trading between $1.50 and $2.00, a break above $2 could end its downtrend. Recent bullish catalysts include the launch of Teucrium's leveraged XRP ETF, SEC settlement, and Ripple's $1.25B acquisition of Hidden Road. š On-chain data shows smart money accumulating XRP, signaling possible upward movement. What are your thoughts on XRP's future? Share in the comments!
A recent filing with the US SEC revealed that the self-acclaimed #Bitcoin Treasury firm Strategy could break its HODL strategy and sell its BTC tokens.
Specifically, the Michael Saylor-chaired firm filed anĀ 8-K formĀ with the US Securities and Exchange Commission on April 7. Publicly traded companies usually submit this form to the regulator when disclosing significant events within the organization.
Strategy filed the Monday form with the US SEC to update investors on its business activities in the first quarter, which ended on March 31, 2025. The disclosure provided detailed information on the Bitcoin acquisitions and the status of Strategyās indebtedness.
Detail of the Disclosure Raises Concerns
Nonetheless, a detail of the submission has caught the crypto communityās attention. For context, the filing stated that Strategy could be forced to sell its BTC to offset certain financial obligations in the face of adverse market conditions.
Remarkably, this brings to reality the possibility that Strategy might sell its stash of the pioneering cryptocurrency. Recall that executive chairman Saylor had earlier insisted that the company wouldĀ never sell its BitcoinĀ but would continue to buy the top.
However, Strategy would not easily relinquish its keenly treasured Bitcoin stash. The clause for its probable dump would be if the assetās price sustains its downside spiral and it fails to secure new liquidity from equity sales or debt instruments either promptly or at unfavorable terms.
Meanwhile, such sales would have severe implications for Strategyās financial health. ItsĀ 528,185 BTC, currently worth $40.64 billion, has an unrealized profit of nearly $5 billion at Bitcoinās current price of $76,812. Per the disclosure, the publicly traded firm may be required to sell below itsĀ average cost price of $67,485Ā or other unfavorable conditions, incurring substantial losses and hampering its chance at acquiring new funding.
#CryptoNewss
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šØ Crypto Alert! šØ
Cybercriminals are exploiting SourceForge to spread malware disguised as Office installers, targeting crypto enthusiasts. Researchers at Kaspersky uncovered a campaign using fake projects like "officepackage" to trick users into downloading malicious software.
š¹ Users are lured by seemingly legit Office add-ins, but downloads unleash crypto miners and clipboard hijackers.
š¹ 90% of victims are in Russia, with over 4,600 hits reported.
Stay vigilant, crypto community! Share your thoughts in the comments. How can we better protect ourselves?
Good morning to only 10 followers who replies for my posts..
Was doing some comparisons earlier, the results arenāt exactly bullish or bearish, just⦠interesting.
Weāve had a lot of good news lately, which helps explain the continued possibility of upside. But hereās something else as well.
From the 2018 bear market bottom to the 2021 cycle top, $BTC did approximately 2100%.
Now compare that to this cycleā¦
From the 2022 bottom to the current local top around $110K, weāre not even at 800% yet.
Sure, a repeat of 2000% might be a stretch this time.
But is a 900%ā1100% move really off the table? That would put $BTC somewhere in the $170Kā$200K range.
Would love to hear your thesis. Drop your take.
also shared something from @davthewave
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