On January 19th, a recent report from COINOTAG reveals that the Trump family’s cryptocurrency initiative, WORLD LIBERTY FINANCIAL, has significantly bolstered its holdings in Ethereum. Within a brief timeframe of just 40 minutes, the organization increased its Ethereum assets to 6,040.6 ETH, equating to an impressive valuation of $19.56 million, at an average acquisition cost of $3,237 per coin. This strategic move reflects a broader trend of institutional investment in the crypto sector, underscoring the growing mainstream acceptance of digital currencies. Currently, WLFI boasts a total of 11,009.48 ETH, with an aggregate market worth of approximately $36.72 million. These developments highlight the potential for robust returns in cryptocurrency as institutional interest continues to expand.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024