Today, Bo Hines, director of the White House crypto committee in cryptocurrency, stepped down and the World Free Finance Corporation, which is linked to Trump, weighs $1.5 billion in Nasdaq Treasury to hold WLFI tokens. At the same time, a large number of ether shorts were liquidated.
Bo Hines announces he will resign from the White House crypto committee
Bo Hines, executive director of the White House Crypto Commission, an advisory group for U.S. President Donald Trump, Announced that he is resigning He served as head of the group on Saturday.
The outgoing crypto assistant consultant said he is rejoining the private sector but will continue to advocate for digital assets. Hines Write In X post:
“Having a position in President Trump’s administration and working with our amazing AI and crypto czar, David Sacks serves as executive director of the White House crypto committee, has been a lifetime honor. Together, we position the United States as the cryptocurrency capital of the world.”
The Crypto Commission has won praise from supporters who say the organization has established a guided digital asset regulatory framework in the United States and has been criticized by those who say the organization ignores a key part of Bitcoin legislation.
World Liberty Financial weighs $1.5B publicly traded companies to hold WLFI tokens
World Free Finance is a cryptocurrency supported by Trump’s family, Explore the creation of publicly traded companies To hold its WLFI token, the fundraising target is about $1.5 billion.
The structure of the deal is still being finalized, but major investors in technology and cryptocurrency have been addressed, and the discussion is said to be developing rapidly.
The move will put the world freely into a growing digital asset library company, which are listed companies holding crypto reserves. According to the report, the companies have raised an estimated $79 billion in fundraising in 2025, purchased based on Bitcoin alone.
World Freedom, its website calls Donald Trump “co-founder reputation” Plans were launched last year For crypto loan apps, a dollar of stable stocks are currently available.
$105 million ether shorts “smoking” as Eric Trump throws shadow at bear
Ether had the largest short-term job seats of the day at its price of over $4,000 on Friday, and some analysts say it could be laying the foundation for a brief squeeze.
The rally leads to Eric Trump, The son of US President Donald Trumpsting at bearish traders.
“It made a smile on my face and saw Eth shorts get smoked today. Don’t bet on BTC and ETH – you’re going to be knocked down,” Trump explain In Friday’s X post.
About $105 million of ether short positions were liquidated on Friday, accounting for about $196.1 million of total $196.1 million liquidated from the entire cryptocurrency market as Ether surpassed the $4,000 price level The first time since December 2024,,,,, according to Go to coinglass.
