Market Cap: $2.6669T -1.190%
Volume(24h): $129.9898B 62.650%
  • Market Cap: $2.6669T -1.190%
  • Volume(24h): $129.9898B 62.650%
  • Fear & Greed Index:
  • Market Cap: $2.6669T -1.190%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$83571.608249 USD

-1.38%

ethereum
ethereum

$1826.028236 USD

-3.02%

tether
tether

$0.999839 USD

-0.01%

xrp
xrp

$2.053149 USD

-2.48%

bnb
bnb

$601.140115 USD

-0.44%

solana
solana

$120.357332 USD

-3.79%

usd-coin
usd-coin

$0.999833 USD

-0.02%

dogecoin
dogecoin

$0.166175 USD

-3.43%

cardano
cardano

$0.652521 USD

-3.00%

tron
tron

$0.236809 USD

-0.59%

toncoin
toncoin

$3.785339 USD

-5.02%

chainlink
chainlink

$13.253231 USD

-3.91%

unus-sed-leo
unus-sed-leo

$9.397427 USD

-0.19%

stellar
stellar

$0.266444 USD

-1.00%

sui
sui

$2.409007 USD

1.15%

Cryptocurrency News Articles

World Liberty Financial, Backed by Trump Family, Bought Four Ethereum Name Services. Is This the First Step to a Historical Crypto Reign by Trump?

Jan 20, 2025 at 03:05 pm

World Liberty Financial (WLFI), the crypto project backed by President-elect Donald Trump's family, acquired four Ethereum (ETH) Name Service domain

World Liberty Financial, Backed by Trump Family, Bought Four Ethereum Name Services. Is This the First Step to a Historical Crypto Reign by Trump?

World Liberty Financial (WLFI), the crypto project backed by President-elect Donald Trump’s family, acquired four Ethereum (ETH) Name Service domain names just before his inauguration as the 47th President of the U.S. on Jan. 19.

The acquired domains include worldliberty.eth, trumpcoin.eth, erictrump.eth, and barrontrump.eth. The first two domains are associated with WLFI and the Trump surname, while the latter two are tied to Donald Trump’s second son, Eric Trump, and third son, Barron Trump.

ENS is a decentralized domain name system built on the Ethereum blockchain, allowing human-readable addresses to be mapped to Ethereum wallet addresses. ENS simplifies complex wallet addresses by replacing them with easy-to-remember names. Users can rename their wallets and applications, as well as use them for blockchain-based websites.

High-profile ENS names, like trumpcoin.eth, are often bought for their brand value and to reduce the risk of errors when entering complicated wallet addresses.

The purchase of the ENS domain names appears to be a secondary market purchase, meaning they must have been initially acquired by someone else. Looking at the details from Etherscan, they were directly transferred from another wallet to the World Liberty Multisig wallet using bulk delivery, as direct registrations generally do not allow for bulk transfer transactions.

Trump’s official introduction to crypto?

Interestingly, Donald Trump introduced the “Official” Trump token (TRUMP) just 48 hours earlier, on Jan. 18, 2025. The token is priced at $53.51 and has seen a trading volume of $44.44 billion in just 24 hours, as per CoinmarketCap.

WLFI’s recent purchase of the trumpcoin.eth domain falls in line with soon-to-be President Donald Trump’s head-fast “official” introduction to the crypto world. It is no mere coincidence that WLFI purchased these ENS domains just before Donald Trump was ready to be inducted as the 47th President of the United States.

In a rather symbolic way, this act of buying ENS names for TRUMP coins like trumpcoin.eth in itself sends out a clear message to the whole crypto community as well as the world beyond that WLFI may be setting up Trump’s pro-crypto motion steps to secure his stake in the crypto market, especially as rumors have taken the air of a Trump executive order on crypto likely to be made national priority.

WLFI has been deeply invested in cryptocurrencies. As per Coingecko, WLFI’s crypto portfolio holds Ethereum (ETH), Chainlink (LINK), Aaave (AAVE), and Ondo (ONDO), to name a few.

Earlier, in December 2024, WLFI also swapped around $10 million Coinbase wrapped Bitcoin (cbBTC) to wrapped Bitcoin (WBTC). While the political fuel is churning, the PolitiFi sector, a meme coin sector tied to political events, is up by 115.7% in the last 24 hours, with a market cap of $14.1 billion.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 03, 2025