Author: Defx Intern

Ethereum (ETH) has surged nearly 20% and reclaimed the $2,900 level after Eric Trump, son of former US President Donald Trump, endorsed the cryptocurrency on social media. Trump tweeted that now is “a great time to add $ETH,” fueling optimism among crypto investors.

The rally comes on the heels of a brief market downturn earlier this week sparked by concerns over potential US tariffs on Canada and Mexico. Trump’s temporary suspension of the tariffs boosted confidence in risk assets like crypto.

The Trump family has shown increasing involvement in digital assets through ventures like World Liberty Financial. The company recently transferred over $300M to Coinbase custody and acquired 1,826 ETH for $5M, in apparent preparation for launching a new DeFi lending protocol.

As institutional interest rises and Ethereum’s price rebounds, the second-largest cryptocurrency remains a focal point of the crypto market. The confluence of macroeconomic shifts, strategic investments, and political influence paint a dynamic picture for ETH’s future trajectory.

Tags: Ethereum, ETH, Donald Trump, Eric Trump, World Liberty Financial, DeFi, Coinbase

Bitcoin has recovered above the $98,000 level as the Coinbase Premium Gap flipped positive, signaling a resurgence of buying pressure from US-based investors on the exchange. The premium gap, which tracks the difference in BTC price between Coinbase and Binance, turned green after intensified selling from American whales drove prices down to $92,000.

The US institutional investors were the primary drivers of the Bitcoin market throughout 2024, and this trend appears to be continuing in 2025. The positive Coinbase Premium Gap suggests a bullish outlook for BTC, as long as it remains in the green territory. However, a dip below zero could reignite bearish sentiment.

Meanwhile, the Bitcoin Korea Premium Index hit a three-year high of around 12% following the recent crash, indicating heavy accumulation by South Korean investors during the dip.

Tags: Bitcoin, Coinbase Premium Gap, US Investors, Institutional Buyers, Bullish Sentiment

Backlink: Bitcoinist

Decentralized lending giant Aave successfully weathered extreme market volatility on Monday, efficiently processing over $200 million in liquidations without accruing any new bad debt. The protocol’s robust risk management and liquidation mechanisms were put to the test as crypto markets plummeted early in the day before recovering.

Aave’s strong performance highlights the resilience and maturity of top DeFi protocols. Effective liquidation of undercollateralized positions, combined with ample liquidity, allowed Aave to avoid realizing losses despite the turbulent conditions. This successful stress test demonstrates the soundness of Aave’s risk controls and collateral management.

Upcoming upgrades like Aave v3.3 and v4 with the Umbrella debt management system promise to further enhance Aave’s ability to handle market volatility and minimize bad debt. These developments underscore the ongoing evolution and strengthening foundations of open finance.

Tags: Aave, DeFi, lending, liquidations, risk management

Original reporting by Omkar Godbole on CoinDesk.

Eric Trump, son of Donald Trump, recently expressed bullish sentiment on Ethereum ($ETH), saying ‘it’s a great time to add $ETH’ as the price dipped over 20%. His endorsement sparked a rebound, with $ETH rising from $2.3K to $2.7K.

This price action likely benefits his father’s crypto venture, World Liberty Financial (WLFI), which holds over $200M in $ETH and $WBTC and is currently sitting on a $31M loss. Regardless of motive, Eric Trump’s bullish stance is a positive signal for the entire Ethereum ecosystem, including top Ethereum-based meme coins and presales such as:

• Solaxy ($SOLX) – Layer-2 bridging solution for Ethereum and Solana
• MIND of Pepe ($MIND) – AI-powered crypto trading insights
• Best Wallet Token ($BEST) – Native token of fast-growing crypto wallet with presale access

With renewed interest in $ETH, these meme coin projects could see a surge in adoption and value. However, always conduct thorough research and maintain a diversified portfolio to manage risk in the dynamic crypto market.

Bitcoinist

President Donald Trump’s recent executive order establishing a government-run sovereign wealth fund could have significant implications for Bitcoin and the broader crypto market. The move aligns with Trump’s campaign promise to leverage digital assets as part of the country’s economic strategy.

While the executive order does not explicitly mention cryptocurrencies, it aims to promote fiscal sustainability, reduce tax burdens, and enhance US economic influence globally. The fund’s potential to invest in a range of liquid assets and domestic resources suggests a shift in how the US manages its financial assets, potentially opening the door for Bitcoin and other digital currencies.

Norway’s sovereign wealth fund, the world’s largest, serves as a model for integrating Bitcoin exposure into institutional investment strategies. The fund’s indirect Bitcoin exposure rose by 153% in 2024, reflecting growing acceptance of the cryptocurrency among major players.

As the Trump administration develops its strategy for the sovereign wealth fund, the role of the newly appointed White House Crypto Czar will be closely watched. The potential inclusion of Bitcoin and other digital assets in the fund could mark a transformative moment for the crypto market.

Bitcoin, US Sovereign Wealth Fund, Donald Trump, Crypto Regulation, Institutional Adoption

https://bitcoinist.com/bitcoin-in-the-mix-trumps-executive-order/