Biton Daily News (January 20th)

World Liberty by Trump Family Completes 20 Billion WLFI Presale; Today's Fear & Greed Index Remains at 77, Indicating Extreme Greed

Hot Projects:

1. Trump Family’s Crypto Project World Liberty Completes 20 Billion WLFI Presale
   According to the official website, Trump Family’s crypto project World Liberty Financial has completed the presale of 20 billion WLFI tokens. WLFI later posted on X announcing that, due to strong market demand, they will open an additional 5% of the token supply.

2. Justin Sun Buys 1 Billion WLFI Tokens for $15M
   Onchain Lens reported that Justin Sun spent 15 million USDT to purchase 1 billion WLFI tokens from Trump Family’s World Liberty crypto project. Earlier, Sun had invested $30M in WLFI and currently holds 3,000,042,574 WLFI tokens.

Key Data:

1. USDC Treasury Issues Additional 50M USDC, Totaling 200M Issued in One Day
   According to Whale Alert, USDC Treasury issued another 50 million USDC on Ethereum, bringing the single-day total to 200 million USDC.

2. El Salvador Acquires 11 BTC, Total Holdings Exceed $600M
   Blockchain data shows that early on January 20, El Salvador acquired 11 BTC (worth $1,113,508). The country now holds 6,043.18 BTC, valued at $608,264,513.

Influencer Highlights:

1. CZ: “FOMO is Just Starting”
   CZ posted on X: “FOMO is just starting.”

2. Coinbase’s Chief Legal Officer Announces Appeal Against SEC to 2nd Circuit Court
   Coinbase’s Chief Legal Officer Paul Grewal posted on X: “We’ve requested the Second Circuit Court hear our emergency appeal. Decades of precedent affirm that ‘investment contracts’ must contain contractual content. The Circuit Court can provide much-needed guidance on this key legal question.”

Other News:

1. US Nonprofits Criticize Trump’s Meme Token Initiative
   Bloomberg reports that Danielle Brian, Executive Director of the Project on Government Oversight, commented on Trump’s TRUMP meme token launch, stating that meme tokens are often highly speculative for investors while offering lucrative profits for founders.

2. UK Police Recover £28M Stolen from Australian Crypto Exchange
   According to crypto.news, UK police recovered £28M ($34M) from an international Bitcoin fraud ring that exploited a vulnerability in an Australian cryptocurrency exchange.

3. Fear & Greed Index Remains at 77, Indicating Extreme Greed
   The Fear & Greed Index remains at 77 (unchanged from yesterday), classified as Extreme Greed.