Coindesk

World Liberty Financial Financial (WLFI), the crypto project backed by the family of U.S. President Donald Trump, has made another purchase of Tron's TRX for its treasury on-chain data shows.“As a strong advocate for blockchain technology and innovation in cryptocurrencies, I'm excited to see World Liberty Financial integrate TRON as a key part of its growing treasury. TRX's inclusion as the fourth-largest asset in WLFI's holdings highlights its trust in the Tron blockchain network," Justin Sun, founder of Tron, said in a statement to CoinDesk."This most recent purchase was to the tune of $2.6 million and adds an additional 10.8 million TRX to the WLFI treasury. The total holdings of TRX now come in at $7.5 million."With WLFI leading efforts...

A significant SOL options block trade crossed the tape on Deribit via the OTC network Paradigm late Monday, suggesting expectations for a price rally to $400 by the end of February.The trade, structured as a bull call spread, involved a long position in the $280 call and a simultaneous short position in the $400 call, with 10,000 contracts for each leg and both legs set to expire on Feb. 28, according to block flows tracked by Amberdata. Block trades are large orders usually placed by institutions executed over-the-counter (OTC), outside the exchange's order book. A bull call spread achieves its maximum profit when the underlying asset's price is at or above the short call's strike price, which is $400 in...

The Ethereum Foundation is a paradox. Despite its commitment to decentralization, it operates as a centralized entity, with a director, a treasury, paid developers, and an inner circle. These structures, while necessary for coordination, create tensions with Ethereum's decentralized ethos.The Foundation TodayIt is not widely known, but the current foundation was constructed in a less than ideal way. The previous director, Ming, was ousted in a coordinated effort by a group of people who have never been publicly identified or held accountable for it. I spoke with Ming days before her removal and she assured me she had no intent of leaving. I was later given information about who was responsible for her removal, but was not given much insight...

President Trump has followed through on one of his key campaign promises — at least for those in the crypto community — pardoning the sentence of Silk Road founder Ross Ulbricht."I just called the mother of Ross William Ulbricht to let her know that in honor of her and the Libertarian Movement, which supported me so strongly, it was my pleasure to have just signed a full and unconditional pardon of her son, Ross," Trump wrote on a Truth Social post. The move assures an imminent release for Ulbricht, who in 2015 was convicted of engaging in a continuing criminal enterprise and distributing narcotics, along with a host of related crimes, via his operation of the darknet Silk Road marketplace....

Cryptocurrencies in the emerging artificial intelligence (AI) agents sector soared on Tuesday while bitcoin (BTC) stalled below its Monday record highs as traders await for the first crypto-specific actions from the Donald Trump administration.AI16Z and AI Rig Complex's ARC rallied over 30% through the day, while GRIFFAIN, ZEREBRO also booked double-digit advances. Part of the rally might have to do with Tuesday afternoon news about President Trump preparing to announce up to $500 billion in private sector AI infrastructure investment with firms such as OpenAI, Oracle and Softbank involved. Trump also rescinded on Monday Joe Biden's 2023 executive order on AI risks on consumers, rolling back efforts to regulate the fast-growing sector.The crypto AI agent sector garnered significant mindshare among...