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Donald Trump linked World Liberty Financial purchases $12 million Ethereum, Chainlink, and Aave

WLFI's asset choices fuel speculation of alignment with pro-crypto agenda under Trump's incoming administration.

CryptoSlate

Dec 12

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Happy Thursday!

Today's crypto landscape is electrified by significant developments, starting with Donald Trump's World Liberty Financial (WLFI) making headlines by purchasing $12 million worth of Ethereum, Chainlink, and Aave. This strategic move has sparked speculation about a pro-crypto agenda under Trump's incoming administration, potentially reshaping the regulatory landscape. Meanwhile, Riot Platforms has successfully completed a $525 million notes offering aimed at bolstering its Bitcoin acquisition strategy, further solidifying its position in the market. As Bitcoin bounces back to the $100,000 mark amid rising expectations of a Federal Reserve rate cut, the stage is set for an exciting end to the year in the crypto sector. Stay tuned for more insights on these pivotal developments!

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The global crypto market cap is $3.68 trillion, with a 24-hour volume of $214.15 billion. The price of Bitcoin is $102,353.39, and BTC market dominance is 55.1%. The price of Ethereum is $3,968.06, and ETH market dominance is 13.0%. The best-performing sector is Lending, which gained 16%. The Crypto Fear & Greed Index is currently Greed (83).