Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring
Launch day excitement for World Liberty Financial highlights its potential influence on broader crypto economies.
Sonic's US expansion plan seeks deeper ties with traditional finance and investor outreach while introducing a deflationary supply model.
Tech stocks, including AI chipmakers like Marvell and Nvidia, fell as investors grew cautious amid weak earnings and revenue misses.
Before this surge, Ethereum ETFs had recorded negative $400 million year-to-date flows, amounting to approximately $2.5 billion.
With daily inflows eclipsing issuance, spot funds could fuel sharp rallies.
By aiding Tornado Cash's creators, SPI aligns with the crypto community's call for reevaluating protocol liability.
The milestone caps a 14% recovery over two weeks following a market correction that bottomed out at $6.51 billion on Aug. 13.