Bitmart has launched X Insight, a real-time artificial intelligence (AI) platform that analyzes social activity on X to generate actionable trading signals, trend alerts, and sentiment scores, helping traders navigate the market with smarter data. Bitmart Debuts ‘X Insight’ to Turn X Chatter into Real-Time Trading Edge Bitmart has rolled out X Insight, an AI-powered
Optimism is growing within the Dogecoin community following significant strides towards a spot Dogecoin Exchange-Traded Fund (ETF). Bitwise, a leading crypto asset management firm, has amended its S-1 filings for a spot Dogecoin ETF. This update is largely viewed as a constructive engagement with the U.S. Securities and Exchange Commission (SEC), potentially paving the way … Continue reading "Dogecoin ETF Hopes Soar as Bitwise Amends Filings, Price Action Mixed" The post Dogecoin ETF Hopes Soar as Bitwise Amends Filings, Price Action Mixed appeared first on Cryptoknowmics-Crypto News and Media Platform .
A company based in the United Arab Emirates (UAE) has purchased $100 million worth of WLFI, the governance token of World Liberty Financial, a cryptocurrency platform tied to U.S. President Donald Trump and his family. Key Takeaways: A UAE firm has invested $100 million in WLFI, surpassing Justin Sun as the largest holder. The deal aims to boost WLFI’s efforts in tokenizing real-world assets and expanding stablecoin use. Trump family ties to WLFI continue to draw political scrutiny amid growing concerns over foreign influence. In a joint announcement on Thursday, World Liberty Financial and the Aqua1 Foundation described the deal as a strategic move to accelerate the development of a blockchain ecosystem focused on real-world asset (RWA) tokenization, stablecoin infrastructure, and decentralized finance. UAE Firm Aqua1 Becomes Largest WLFI Holder, Overtakes Justin Sun The announcement positions Aqua1, a self-described Web3-native fund, as a major WLFI stakeholder, surpassing Tron founder Justin Sun, who committed $30 million to the project last November. “Aqua1 and WLFI will work together to identify and support blockchain projects with transformative potential,” said Dave Lee, founding partner at Aqua1. He emphasized WLFI’s vision for integrating traditional finance with blockchain protocols, calling it “a trillion-dollar pivot opportunity.” The investment marks another high-profile link between the Trump family and international crypto dealings. World Liberty Financial, co-founded by President Trump’s three sons, has already drawn scrutiny from lawmakers. President Trump disclosed $57.4 million in income tied to WLFI and holds 15.75 billion of the platform’s governance tokens, according to recent filings. Back in May, Eric Trump sparked criticism when he revealed that Abu Dhabi-based MGX planned to use WLFI’s USD1 stablecoin to settle a $2 billion investment in Binance. That announcement came just as U.S. lawmakers ramped up discussions on new rules governing payment stablecoins. The overlap between legislative developments and the Trump family’s crypto business has raised red flags among some members of Congress. During a Senate Appropriations Committee hearing this week, U.S. Attorney General Pam Bondi declined to comment directly when pressed by Senator Jeff Merkley on the president’s involvement with World Liberty Financial . Merkley warned against foreign influence in American policymaking. “I think it’s important for the leader of the Justice Department of the United States to be very concerned about foreign influence,” he said. “Americans should make American decisions — not have them bought through crypto coins.” Trump Continues to Capitalize on Crypto Market Momentum Meanwhile, Donald Trump continues to capitalize on crypto market momentum. According to financial disclosures released last Friday, the former president pulled in $58 million from crypto ventures in 2024, primarily through WLFI token sales. That total trailed only his hospitality income and is expected to climb further in 2025 with an anticipated $390 million token sale and gains from his meme coin, launched in January. His involvement in Bitcoin mining, tokenized assets, and digital ETFs is raising concerns about potential conflicts of interest. Critics have pointed out that some of his businesses have seen tailwinds from favorable policy decisions during his time in office. As reported, the SEC has approved Trump Media and Technology Group’s (TMTG) registration statement tied to a $2.3 billion Bitcoin treasury initiative. The post UAE Firm Buys $100M in WLFI Token Backed by Trump-Linked Crypto Venture appeared first on Cryptonews .
ACX, the native token of Across Protocol, has dropped sharply following serious allegations of insider self-dealing involving $23 million in decentralized autonomous organization funds. The token is trading at $0.1342, down 10% in the past 24 hours and over 40% in the past month. It’s now 91% below its all-time high of $1.69 set in December 2024. The allegations were made public on June 27 by Ogle, the pseudonymous founder of Layer 1 project Glue and advisor to World Liberty Financial. In a detailed post on X, Ogle accused the Across Protocol team, particularly project lead Kevin Chan and chief executive officer Hart Lambur, of orchestrating two secretive proposals that directly benefited their own company using undisclosed wallets. TLDR: Across Protocol/Bridge ($ACX) team used secret votes to extract ~$23m from the Across DAO’s treasury for their own private company's benefit. Background: I’ve many times posted about DAOs that are DAOs “in name only” – that is, organizations that pretend to be run by “the… — ogle | glue.net (@cryptogle) June 26, 2025 These proposals, made to appear as having community support, transferred 150 million ACX tokens worth about $23 million at current prices to Risk Labs over two separate governance votes. The first vote in October 2023 granted 100 million ACX under the pretense of future development support, with claims that the tokens would not be sold for two years. You might also like: PancakeSwap launches instant cross-chain swaps on Across But soon after, Risk Labs allegedly began selling token option agreements to external investors A second vote, for “retroactive funding” of 50 million ACX, passed primarily due to insider-controlled wallets. Without those votes, it would not have reached quorum. The report argues that such actions run counter to DAO governance principles and create significant future sell pressure, especially harmful to ACX holders unaware of the conflicts of interest behind these decisions. Across Protocol has not publicly responded to the allegations at the time of writing. Looking at the technical picture, the chart shows clear downward pressure. The token is currently hugging the lower Bollinger Band at $0.1308 and trading below its 20-day simple moving average of $0.1597. At 31.27, the relative streghth index, which is trending downwards, is close to oversold territory. ACX price analysis. Credit: TradingView More declines may occur if the price breaks through the $0.13 support zone. Some investors may watching for a bounce move back toward the mid-Bollinger band despite the sell-off. However, in the short term, upward momentum might be limited due to deteriorating sentiment and eroded trust in the team. Read more: Paradigm, Coinbase back Across Protocol’s $41m raise for cross-chain interop
Bakkt Holdings Inc. announces a strategic plan to raise $1 billion through a mixed securities offering aimed at funding Bitcoin acquisitions, marking a significant shift in its treasury management approach.
UK-based The Smarter Web Company has successfully raised £41.2 million shortly after expanding its Bitcoin holdings to over 540 BTC, signaling strong institutional confidence in crypto assets. The capital raise
The White House has announced plans to establish a strategic Bitcoin reserve, marking a pivotal development in U.S. digital asset policy and signaling a new era for cryptocurrency adoption. This
Speculation is mounting over a potential Ether (ETH) price rally, contingent on the cryptocurrency maintaining its position above the critical $2,400 level. This comes from prominent crypto analyst Michaël van de Poppe, whose insights are closely watched in the volatile digital asset market. Despite a recent downturn influenced by geopolitical tensions and historical data indicating … Continue reading "Ether Price Poised for Rally Amidst Crucial Support and Bullish Signals" The post Ether Price Poised for Rally Amidst Crucial Support and Bullish Signals appeared first on Cryptoknowmics-Crypto News and Media Platform .
The Web3 gaming landscape is buzzing with opportunity, and FUNToken is leading the charge. As
UK-based The Smarter Web Company has made a multimillion-dollar raise just days after it purchased $20 million worth of Bitcoin to bring its holdings to over 540 BTC.