Justin Sun’s WLFI token address was blacklisted after a $9 million transfer on Thursday, raising concerns over trading restrictions as prices tumble. Tron founder Justin Sun’s World Liberty Financial (WLFI) token address was blacklisted on Thursday after transferring 50 million WLFI tokens to crypto exchange HTX. Onchain data from Nansen and Arkham shows the address was flagged shortly after a $9 million transaction. The blacklisting fueled speculation that WLFI was restricting certain users from selling tokens and pressuring prices during the first week of public trading. On Thursday, Sun responded to speculation in an X thread, saying in a translated post that his address had only carried out a few routine exchange deposit tests with very small amounts of WLFI tokens before creating address dispersion. Read more
Binance’s Bitcoin to stablecoin ratio just passed a level that previously marked critical market shifts in the crypto market structure. Is the bottom in, or is a new bear market beginning? Key takeaways: The Binance Bitcoin/stablecoin ratio nears parity at 1, a rare market signal. Market structure metrics show BTC price remains in a profit regime but is prone to consolidation. Read more
Tokenization surges as VCs back startups bringing energy assets onchain, establishing new credit markets and expanding stablecoin infrastructure. Real-world asset (RWA) tokenization has become a key focus for venture capital, as investors zero in on the intersection of two powerful trends: institutional adoption of blockchain technology and the search for alternative sources of yield. In 2025, tokenization has emerged as one of blockchain’s biggest growth areas, with the total value of onchain assets rising to $28 billion from $15 billion over the course of the year. As venture firms grow more selective with their capital allocations, tokenized assets have stood out as a clear area of opportunity. So far, much of the activity has centered on private credit and US Treasury bonds, but the scope is steadily widening to include equities and even energy assets. Read more