{"id":50474,"date":"2025-03-07T15:45:38","date_gmt":"2025-03-07T15:45:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=50474"},"modified":"2025-03-07T15:45:38","modified_gmt":"2025-03-07T15:45:38","slug":"trumps-world-liberty-invests-9-9m-in-bitcoin-10-1m-in-ethereum-hours-before-crypto-summit","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=50474","title":{"rendered":"Trump\u2019s World Liberty Invests $9.9M In Bitcoin, $10.1M In Ethereum Hours Before Crypto Summit"},"content":{"rendered":"

World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by the US President Donald Trump and family, has made headlines with a $20 million cryptocurrency acquisition, mainly Bitcoin and Ethereum,\u00a0 just hours before the White House\u2019s first-ever Crypto Summit scheduled to take place today.\u00a0<\/span><\/p>\n

According to a<\/span> 7 March 2025 Bloomberg report<\/span><\/a>, \u201cA digital wallet belonging to World Liberty Financial added $10.1 million of Ether, $9.9 million of a Bitcoin derivative called WBTC and $1.68 million of MOVE, a token associated with blockchain platform Movement, according to data compiled by analytics firm Nansen.\u201d<\/span><\/p>\n

The timing of this crypto purchase by WLF has sparked speculation about the administration\u2019s crypto policy direction. This includes discussions around a potential US strategic reserve for digital assets.<\/span><\/p>\n

The White House crypto summit is just hours away!<\/p>\n

Here is a refresher of all the tokens owned by Trump’s crypto project, World Liberty Financial, which you should be paying close attention to. pic.twitter.com\/sDIQmeXy0Q<\/a><\/p>\n

\u2014 Miles Deutscher (@milesdeutscher) March 7, 2025<\/a><\/p>\n\n

WLF Invests In Bitcoin, Ethereum And MOVE Tokens<\/h2>\n

According to blockchain analytics firm Nansen, WLF purchased $10.1 million worth of Ether (ETH), $9.9 million in Wrapped Bitcoin (WBTC) and $1.68 million in MOVE tokens, associated with the Movement Network blockchain platform.\u00a0<\/span><\/p>\n

These transactions were executed through a wallet tied to WLF and come as the Trump administration prepares to unveil its stance on cryptocurrency policy during the summit.<\/span><\/p>\n

The timing of WLF\u2019s latest crypto investment has raised eyebrows, coinciding with discussions about establishing a US strategic reserve for Bitcoin and other cryptocurrencies at the White House summit.<\/span><\/p>\n

One anticipated policy announcement is the creation of a strategic reserve consisting primarily of Bitcoin alongside other cryptocurrencies.<\/span><\/p>\n

Explore:\u00a0Top 20 Best Crypto to Buy Now in March 2025<\/a><\/strong><\/p>\n

Michael Saylor, Brian Armstrong, Brad Garlinghouse Scheduled To Attend Crypto Summit<\/h2>\n

Trump will host the first-ever White House\u00a0Crypto<\/a>\u00a0Summit from 6:30 pm to 10:30 pm UTC on 7 March 2025. Reports indicate that over 25 guests, including members of the Presidential Working Group on Digital Assets, will attend.<\/p>\n

Initial confirmations in the list unveil that Michael Saylor, Executive Chairman of Strategy, Brian Armstrong, CEO of\u00a0Coinbase<\/a>, and Vlad Tenev, CEO of\u00a0Robinhood<\/a>, will be attending the event.<\/p>\n

With Strategy\u2019s substantial investments in Bitcoin, Saylor\u2019s involvement is particularly significant and reflects a strong institutional backing for digital assets. Armstrong\u2019s and Tenev\u2019s presence follows the recent dismissal of the SEC\u2019s cases against Coinbase and Robinhood.<\/p>\n

The list also includes Ripple CEO Brad Garlinghouse, an active advocate for the industry. He recently\u00a0praised<\/a>\u00a0the SEC\u2019s quick move on the Coinbase case and how it was undoing the damage of the previous Gensler administration\u2019s \u2018regulation by enforcement\u2019 approach.<\/p>\n

Explore<\/strong>:\u00a0Top Solana Meme Coins 2025: 9 Best Buys Updated<\/a><\/p>\n

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Key Takeaways<\/h3>\n


\n <\/span><\/p>\n


\n <\/span> World Liberty Financial\u2019s $20 million crypto investment ahead of the White House Crypto Summit underscores its commitment to advancing DeFi while raising questions about its influence on US cryptocurrency policy.\u00a0<\/span><\/p>\n


\n <\/span><\/p>\n


\n <\/span>The timing of WLF\u2019s latest crypto investment has raised eyebrows, coinciding with discussions about establishing a US strategic reserve for Bitcoin and other cryptocurrencies at the White House summit.<\/span>
\n <\/span><\/p>\n


\n <\/span><\/p>\n

<\/span><\/p>\n<\/div>\n

<\/p>\n

The post Trump\u2019s World Liberty Invests $9.9M In Bitcoin, $10.1M In Ethereum Hours Before Crypto Summit<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by the US President Donald Trump and family, has made headlines with a $20 million cryptocurrency acquisition, mainly Bitcoin and Ethereum,\u00a0 just hours before the White House\u2019s first-ever Crypto Summit scheduled to take place today.\u00a0 According to a 7 March 2025 Bloomberg report, \u201cA digital […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50474","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50474"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50474"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50474\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}