Donald Trump and his sons are on their way to announce their latest crypto venture to the world known as World Liberty Financial, announcing its launch date and inviting the world to watch, leading CryptoWatch's top news of the week. Moreover, there was also eToro's settlement with the US SEC for the complaints filed against them, leading to several cryptos being unavailable under its service.
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Lastly, get to know more about the market in this latest list of top cryptocurrencies' prices and how they performed over the last week.
Trump and His Sons to Launch World Liberty Financial This Week
There is an upcoming venture that is set to launch from Trump and his sons Donald Trump Jr. and Eric Trump, as World Liberty Financial is officially coming this Monday, September 16. Not much is known from WLFI, but the Trump family has reiterated that is their latest cryptocurrency venture that would help the American people in their finances.
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In a post via X, Trump has invited the world to witness the World Liberty Financial take form in the market, as part of his plans to make America the crypto capital of the world.
Here, the Presidential candidate also claimed that WLFI will pave the way for Americans to move away from the 'Big Banks' which he called slow, pointing people towards the way of digital assets.
eToro Settled $1.5M with the SEC, Most Crypto Trading Shut Down
The renowned investment platform from Israel, eToro, has settled the complaints it faced from the Securities and Exchange Commission after allegedly operating without registered securities. It was revealed that eToro operated in the United States as an unregistered broker and clearing agency, centering on its crypto asset trading.
According to the SEC, eToro carried out trading securities since 2020 but failed its registration, breaking a handful of federal securities laws.
As part of its settlement, eToro has removed almost all of its crypto trading capabilities in its US operations, and will now only allow Bitcoin, Bitcoin Cash, and Ether.
Crypto Prices in the Market Now
It has been three months since crypto first saw its struggles in the market, and while those hardships continue, there is now a slight glimmer of hope as digital assets hold their value and perform better than in the past weeks.
Bitcoin (BTC) - Price: $58,680.18 | 6.02 percent increase over the past seven days
Ethereum (ETH) - Price: $2, 302.29 | 0.74 percent decrease over the past seven days
Tether (USDT) - Price: $0.9999 | 0.05 percent decrease over the past seven days
Binance Coin (BNB) - Price: $547.29 | 8.02 percent increase over the past seven days
Solana (SOL) - Price: $131.86 | 1.46 percent increase over the past seven days
While these numbers are only a slight increase or decrease over its state from last week, cryptocurrency is already holding its value, and not seeing the dreading crashes which it has seen since July.
Other notable coins that portrayed promising numbers include XRP at the 7th spot with a 7.28 percent markup, Dogecoin at 8th with a 3.45 percent increase, and Toncoin at the 9th position with an 8.61 percent rise.
