Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Trump-Backed WLFI Crypto Token Sale: The token sale for Trump-backed World Liberty Financial (WLFI) started on Oct. 15 but raised only 3.4% of its $300 million goal.
Tesla Moves Bitcoin Stash: Tesla moved its entire Bitcoin holding, worth over $765 million, to unknown wallets on Oct. 15 through 26 transactions.
?Technical Analysis Masterclass – Tesla just made a massive Bitcoin transfer, raising speculation that Elon Musk might be selling off Tesla’s entire Bitcoin holdings. Watch UseTheBitcoin’s latest Youtube video “Elon Musk’s Tesla Just Transferred ALL Its Bitcoin” to know if Tesla is selling off its Bitcoin or join our Official Telegram Channel for more alpha!
?Airdrop Essentials?: Get the latest airdrop now! Read UseTheBitcoin’s “ZenCoin Telegram Airdrop Guide” to learn more on how to qualify and participate in the ZenCoin airdrop!
?Feature of the Day – a16z-Backed Towns Officially Launches: Towns, a blockchain-powered messaging platform backed by Andreessen Horowitz (a16z), officially launched after raising $25.5 million.
All this and more in today’s headlines!
Earn $15 when your referral trades!
? News Highlights:
Trump-Backed WLFI Crypto Token Sale [Source][Source][Source][Source][Source]
The token sale for Donald Trump-backed World Liberty Financial (WLFI) got off to a rocky start, with only 3.4% of its $300 million goal reached.
Today’s the day! @worldlibertyfi token sale is live. Get your $WLFI tokens now. Purchase $WLFI here: worldlibertyfinancial.com
— Donald J. Trump (@realDonaldTrump) 11:04 PM • Oct 15, 2024
The sale, which began on Oct. 15, offered 20 billion tokens priced at 1.5 cents each, but within 14 hours, only 687 million tokens worth around $10.3 million had been sold.
Trump’s token @worldlibertyfi started their presale, raised $5M and the site has been offline for like 2-3 hours apparently, didn’t prepare for the heavy load?
— Wazz (@WazzCrypto) 3:25 PM • Oct 15, 2024
The platform also experienced a website crash shortly after the sale launch due to overwhelming traffic, leaving many potential investors unable to access the site.
Despite boasting over 100,000 sign-ups prior to the sale, Etherscan data showed only 6,832 unique wallet holders.
? 1/5 We’re excited to announce that World Liberty Financial has officially posted our governance proposal to Aave’s forum to launch an Aave V3 instance on Ethereum Mainnet! ? Check it out here:
— WLFI (@worldlibertyfi) 9:44 PM • Oct 9, 2024
The WLFI tokens are not tradable but will serve as governance tokens for an Ethereum-based decentralized finance (DeFi) platform modeled after Aave.
Trump’s sons—Eric, Barron, and Donald Jr.—are listed as “Web3 Ambassadors” for the project, while Trump himself has embraced the role of “Chief Crypto Advocate.”
Tesla Moves Bitcoin Stash [Source][Source]
Tesla has transferred its entire Bitcoin holding, worth over $765 million, to several unknown wallets.
The move, carried out on Oct. 15, involved 26 transactions, including initial test transfers, according to data from Arkham Intelligence.
Tesla’s Bitcoin wallet had been dormant since June 2022 before this sudden flurry of activity, but there’s no indication that the company plans to sell its holdings.
TESLA MOVING BITCOIN FOR THE FIRST TIME IN 2 YEARS
— Arkham (@ArkhamIntel) 9:07 PM • Oct 15, 2024
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Tokenized Treasuries Near $6B Milestone, Led by BlackRockApr 19, 2025 am 11:44 AMThe value of blockchain-based U.S. Treasuries is closing in on a new milestone, with total holdings approaching $6 billion.
title: Canary Capital Is Launching a TRX-Tracking ETFApr 19, 2025 am 11:42 AMCanary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron's native token, TRX, according to a filing.
Solana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M InflowsApr 19, 2025 am 11:40 AMThe stablecoin market has surpassed a total capitalization of $233 billion. Within this sector, Solana's stablecoins have reached a new all-time high market capitalization of $12.73 billion
Canary Capital Files for Staking TRX ETF, Targeting Launch Before Spot Bitcoin ETFsApr 19, 2025 am 11:38 AMCanary Capital is looking to get the U.S. Securities and Exchange Commission's sign-off for an exchange-traded fund that would track the Tron token TRX and has a staking component.
MoonPay CEO Ivan Soto-Wright calls on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoinsApr 19, 2025 am 11:36 AMIn an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when it comes to stablecoin regulation, referencing efforts in the House of Representatives and Senate to create a federal regulatory framework.
Michael Saylor Dissects the Philosophy and Technological Potential of Bitcoin in '21 Truths of Bitcoin'Apr 19, 2025 am 11:34 AMSaylor's ideas centre on the fixed 21 million coin supply of Bitcoin. He presents this shortage as a revolutionary economic idea rather than only a technical one.
Official Trump (TRUMP) memecoin unlocked 40 million tokens, worth around $300 millionApr 19, 2025 am 11:32 AMThe TRUMP memecoin has gained significant popularity on the Solana network primarily due to its direct affiliation with the U.S. President Donald Trump.
TRUMP (TRUMP) memecoin unlocks 40 million tokens, worth around $300 millionApr 19, 2025 am 11:30 AMThe TRUMP memecoin has gained significant popularity on the Solana network primarily due to its direct affiliation with the U.S. President Donald Trump.
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