Trump's Family Firm Seeks National Bank Charter as USD1 Stablecoin Hits $3.4B Market Value
- Stablecoin Application: World Liberty Trust formally applied for a national bank charter on Wednesday, which, if approved, would enable it to directly manage the issuance and custody of its USD1 stablecoin, thereby enhancing its position within the financial ecosystem.
- Market Value Surge: The USD1 stablecoin has reached a market value of $3.4 billion after a third-party investor utilized it to fund a $2 billion deal, demonstrating its rapid growth and potential investment appeal in the market.
- Full-Stack Service Offering: The new trust company aims to provide stablecoin issuance, redemption, and custody services, targeting institutional clients including crypto exchanges and investment firms, which will enhance its competitive edge in the market.
- Commitment to Compliance: World Liberty Trust will operate in accordance with the GENIUS Act, ensuring all operations meet anti-money laundering and sanctions standards, aiming to bolster its credibility and compliance in a regulated environment.
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Technical Analysis for WLFI
Technical Sentiment Analysis for World Liberty Financial (WLFI) As of , World Liberty Financial (WLFI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WLFI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WLFI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
World Liberty Financial (WLFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0331 | 0.0646 | 0.0918 | 0.123 | 0.151 | 0.182 | 0.209 |
| Fibonacci | 0.0646 | 0.087 | 0.101 | 0.123 | 0.146 | 0.16 | 0.182 |
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