News & Research

The value of WLFI tokens held by the Trump family is estimated at $5 billion following the token's listing, The Wall Street Journal (WSJ) reported. According to World Liberty Financial, DT Marks DEFI LLC, an entity affiliated with the Trump family, and several family members collectively hold 22.5 billion WLFI out of a total supply of 100 billion. The report explained that these holdings were difficult to value accurately before the listing but can now be assessed as an initial supply of 24.6 billion WLFI has begun trading. World Liberty Financial previously announced that the initial circulating supply of approximately 24.669 billion tokens would be allocated as follows: 10 billion for the ecosystem, 7.784 billion for liquidity and marketing, and four billion for public sale participants.

RAK Properties, a real estate firm listed in the UAE emirate of Ras Al Khaimah, will now accept payments in cryptocurrencies such as BTC, ETH, and USDT, Cointelegraph reported. The payments will be processed by Hubpay, which will convert the crypto assets into the UAE's fiat currency before depositing the funds to RAK Properties.

Deutsche Bank purchased an additional $47 million worth of Strategy (MSTR) shares in the second quarter, BitcoinTreasuries reported. The bank now holds 658,725 shares, worth $220 million at current prices.

Coinbase and OKX plan to launch cryptocurrency products targeting Australia's A$4.3 trillion ($2.8 trillion) pension system, Bloomberg reported. The exchanges are particularly focused on self-managed superannuation funds (SMSFs), which held A$1.7 billion in crypto assets as of March 2025.

Nobel laureate in economics Jean Tirole has warned that a loss of confidence in stablecoins could lead to large-scale redemptions, potentially necessitating a massive government bailout. In an interview with the Financial Times, he said that retail investors often treat stablecoins as perfectly safe deposits, meaning the government would face strong political pressure to intervene in the market if losses occur. Tirole identified the composition of reserves as the biggest concern. He noted that while U.S. Treasurys are popular, their yields often turn negative when accounting for inflation, pushing issuers to seek higher returns through riskier assets. He added that while market supervision could mitigate this risk, current regulations are insufficient due to political and financial conflicts of interest within the U.S. political establishment regarding cryptocurrency.

An unidentified hacker sold 8,960 ETH over 50 minutes at an average price of $4,382, EmberCN reported. The funds were laundered through Tornado Cash.

The largest WLFI investor claimed 200 million WLFI about 10 minutes ago, representing 20% of the supply unlocked today, EmberCN reported. The investor had previously purchased one billion WLFI for 15 million USDC during the first public sale.

Bitcoin's realized cap has reached a new all-time high despite a decline in its spot price, CoinDesk reported. Realized cap, which measures the market value of Bitcoin based on the price at which each BTC last moved on-chain, currently stands at $1.05 trillion. The metric suggests a high level of conviction among holders in their investments.

Binance has established a subsidiary in Mexico named Medá, Cointelegraph reported. The company plans to invest more than 1 billion Mexican pesos ($53 million) in Latin American fintech services over the next four years.

The number of cryptocurrency users could increase to as many as five billion within the next 10 years, according to Thomas Prévot, head of operations for Crypto.com in France. Speaking at the Waib Summit 2025, Prévot stated that this figure is achievable if the market undergoes one more growth cycle, Cointelegraph reported. He emphasized that such growth would mean five billion people, not one billion, would use cryptocurrency, making it a widespread payment method comparable to how credit cards are used today.