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The crypto market has gained 3.3% to hit a total market cap of $3.83 trillion, with Bitcoin (BTC) regaining the psychological $100,000 level. Several altcoins are also showing bullish signals, with analysts predicting higher moves for Solana (SOL), Aave (AAVE) and Chainlink (LINK).
World Liberty Financial Initiative (WLFI), a DeFi project backed by US President-elect Donald Trump, has made headlines with a recent $12 million crypto acquisition. On Dec. 12, blockchain analytics firm Lookonchain revealed that WLFI acquired 2,631 ETH for $10 million at $3,801 per token.
World Liberty Financial (WLFI), a cryptocurrency project supported by President-elect Donald Trump, sparked significant market movements early Thursday by purchasing millions of dollars in Ethereum (ETH), Chainlink (LINK), and Aave (AAVE).
The Trump-endorsed DeFi initiative acquired 2,631 ETH, 41,335 LINK, and 3,357 AAVE via its multi-signature wallet.
With Bitcoin surpassing $100K and Trump's financial fund diving into DeFi, altcoins like AAVE, LINK, and ETH are gearing up for massive growth. On-chain data hints at which token might lead the explosive rally.
President-elect Donald Trump is once again in the headlines after his new crypto venture, World Liberty, spent $12 million buying Ethereum, Link, and Aave. The wallet spent the majority of the funds buying Ethereum and the rest of the funds were distributed to Chainlink and Aave purchases.
Trump-backed World Liberty Financial purchased $12 million worth of cryptocurrencies, causing price surges in ETH, AAVE, and LINK tokens
Trump's World Liberty Financial has made a bold move in the crypto space, significantly increasing its holdings in Ethereum, Aave, and Chainlink (LINK). As a result, ETH jumped by 8%, Aave gained 33%, and Chainlink price shot up 30%.
The crypto market today has been super optimistic with the market capitalization of the industry soaring by 5.25% to $3.64 trillion. This move was catalyzed by Bitcoin reclaiming the $100k mark on its daily chart. Despite the greenish numbers, the trading volume took a hit of 24.07%, settling down at $216.31 billion.
Aave recorded significant gains, emerging as the top gainer among the leading 100 crypto assets, amid the market-wide bullish momentum. Aave (AAVE) surged 34% in the past 24 hours and is trading at $355 at the time of writing.
On Dec. 12, the WLFI multisignature wallet recorded transactions worth $12 million, with the bulk spent on Ethereum. The post Trump-Backed WLFI Buys $12M in ETH, LINK, and AAVE, Total ETH Holdings Reach $56M appeared first on Cryptonews.
The AAVE token purchases came as a proposal to float a World Liberty Financial instance on Aave met quorum.
Bitcoin price is back above $100K! After juggling below the levels for a couple of days, the token raised, squashing the bearish possibility This shook up the entire market, while positive rounds around the popular tokens like ETH, LINK, & AAVE attracted double-digit gains.
World Liberty Financial (WLFI) recorded transactions with millions of dollars of USD Coin (USDC) to acquire more Altcoins; suddenly, the price surged.
Balancer's version three (v3) launch introduces innovations like Boosted Pools, a Hooks Framework, and a strategic partnership with Aave, aiming to enhance liquidity optimization, security, and developer tools in the decentralized finance ecosystem.
Balancer has unveiled its V3 upgrade, which will optimize liquidity, intensify trading volume, and offer advanced tools for developers.
Balancer, a decentralized exchange and automated portfolio management protocol, has announced that its v3 upgrade is now live.
Aave is about to launch its protocol on Linea following a community vote, months after its forked rival faced scrutiny on the same network.
Decentralized exchange Balancer has launched its V3 platform upgrade, focusing on liquidity optimization and improved developer tools.
AAVE experiences 150% surge in whale transactions while approaching $300 mark, accompanied by increased exchange inflows and a large liquidation pool at $291.
A few bullish signals might be key to turning AAVE's fortunes around.
Aave (AAVE) is one of the key players in the decentralized finance (DeFi) space, offering users the ability to borrow, lend, and stake cryptocurrencies without relying on traditional intermediaries. Over the years, Aave has gained traction for its innovative approach to decentralized finance, and many investors are keen to understand how AAVE's price could evolve in the coming years.
Aave, one of the most well-known platforms in the decentralized finance (DeFi) space, is showing signs that its token, AAVE, could experience a significant price jump. Despite a small drop in price recently, multiple factors suggest that the token might soon rise in value.
AAVE's breakout from consolidation and bullish indicators suggest a promising upward trend.
