Table content
- Crypto Markets Respond as Summit Nears
- The corporation nearly doubled its ETH holdings in the previous week. pic.twitter.com/XKSN0V1q5G
- — Cointelegraph (@Cointelegraph) March 6, 2025
- Just hours ago, Trump’s project @worldlibertyfi completed a $25M crypto transaction
- $10M ETH $10M WBTC $1.5M MOVE
- More buys to come? pic.twitter.com/lQY56l88hO
- — Nansen 🧭 (@nansen_ai) March 6, 2025
- — David Sacks (@davidsacks47), published March 1, 2025
- 🚨🚨🚨 White House Digital Currency Summit Attendees 🚨🚨🚨 #Crypto #USA #Summit #Trump
- — Steve.Icp (@Stemars877), published March 5, 2025
- World Liberty Finance obtained $25 million in ETH, WBTC, and MOVE
- Ethereum assets skyrocketed from 2,200 ETH to 7,000 ETH within four days
- Crypto gathering at the White House ignites regulatory conjecture
- Bitcoin briefly reached $92,700 prior to a minor decline
In an action that’s causing surprise, World Liberty Finance, a decentralized finance enterprise with connections to Donald Trump and his family, has significantly increased its crypto assets just prior to a highly anticipated White House summit on cryptocurrency.
🚨 Optimistic Indicator: World Liberty Finance has considerably increased its Ethereum assets.
The corporation nearly doubled its ETH holdings in the previous week. pic.twitter.com/XKSN0V1q5G
— Cointelegraph (@Cointelegraph) March 6, 2025
On-chain data shows the firm recently acquired over $25 million in digital assets, including $10 million in Ethereum (ETH), $10 million in Wrapped Bitcoin (WBTC), and $1.5 million in MOVE, the indigenous crypto token of the Movement Network. This data was shared on X by blockchain analytics firm Nansen, triggering speculation about the company’s plan.
Just hours ago, Trump’s project @worldlibertyfi completed a $25M crypto transaction
$10M ETH $10M WBTC $1.5M MOVE
More buys to come? pic.twitter.com/lQY56l88hO
— Nansen 🧭 (@nansen_ai) March 6, 2025
Further investigation from Arkham Intelligence indicates that World Liberty Finance’s Ethereum reserves quickly grew from 2,200 ETH on Monday to over 7,000 ETH by Thursday.
The timing of these acquisitions is attracting substantial attention, as it occurs just days before President Trump is scheduled to meet with leading individuals in the crypto sector to discuss regulatory structures and the potential for establishing a strategic U.S. crypto reserve.
Crypto Markets Respond as Summit Nears
The wider cryptocurrency market is already responding to the upcoming summit.
The price of Bitcoin briefly surged beyond $92,700, only to fall back to about $91,380 as traders cashed in their gains. Dogecoin is spearheading the ascent in altcoins, increasing by 4%, while Solana and Ethereum are up approximately 3.8% and 2.3% correspondingly.
President Donald Trump is scheduled to convene the inaugural White House Digital Currency Summit this Friday, Toncoin (TON) Value Forecast for March 26th 7th. The gathering is anticipated to assemble the most brilliant individuals in crypto – founders, CEOs, and significant investors. Anticipating the opportunity to engage with everyone in attendance!
— David Sacks (@davidsacks47), published March 1, 2025
Following a volatile week for crypto investors, the market’s sentiment remains equally uncertain. Last Sunday, President Trump proposed the concept of the U.S. establishing a crypto reserve, potentially encompassing assets such as XRP, Cardano, and Ethereum. Nevertheless, the initial excitement has diminished as the week progressed, particularly with the recent U.S. tariff declarations causing repercussions throughout the wider markets.
🚨🚨🚨 White House Digital Currency Summit Attendees 🚨🚨🚨 #Crypto #USA #Summit #Trump
— Steve.Icp (@Stemars877), published March 5, 2025
With the White House Digital Currency Summit occurring this Friday, analysts speculate it could constitute a pivotal moment for the sector. Market analysts are attempting to ascertain whether the summit will trigger a substantial crypto surge or unveil the industry’s inherent vulnerabilities.
QCP Capital analysts remarked, “We find ourselves at a critical, high-risk turning point.” “If regulatory bodies fail to provide explicit pledges, market participants will likely adopt a wait-and-see approach. However, if the summit introduces unforeseen clarity regarding policy, it could completely revolutionize the landscape.”