According to @jessepollak, the proof of reserves for cbBTC on the Base platform is now live, providing transparency and trust for traders using the platform. This implementation allows traders to verify the backing of cbBTC, potentially influencing trading decisions and enhancing security in their transactions.

According to IntoTheBlock, cbBTC has shown significant growth, now ranking third in total holders and second in market capitalization among wrapped Bitcoin tokens. This indicates a strong market presence and growing popularity, which could influence trading strategies focused on wrapped Bitcoin options.

According to @EmberCN, a whale has executed a significant on-chain transaction, selling 220.1 cbBTC for 6,202.4 ETH at an exchange rate of 0.0354 within the past two hours.

According to The Data Nerd, a significant crypto whale with the address 0xa8b executed a notable trade 36 days ago by swapping 9.9 cbBTC, valued at approximately $896,000, for 1.913 million VIRTUAL tokens. Subsequently, the whale sold 1.026 million VIRTUAL tokens for $2.7 million, realizing a profit of about $1.8 million. Currently, the whale holds 887,000 VIRTUAL tokens, valued at around $2.75 million. The total estimated profit from these transactions is approximately $4.56 million, achieving a return on investment of 5.1 times.

According to Lookonchain, Trump's World Liberty has made significant cryptocurrency purchases recently. They spent 250,000 USDC to acquire 134,216 ONDO tokens just two hours ago. Since November 30, World Liberty has invested 30 million USDC to buy 8,105 ETH at $3,701 each, 10 million USDC to purchase 103 cbBTC at $97,181 each, 2 million USDC to obtain 78,387 LINK at $25.5 each, and an unspecified amount to acquire 6,137 AAVE. These strategic acquisitions indicate a substantial investment in diverse crypto assets.

According to @OnchainDataNerd, the entity @worldlibertyfi, associated with Trump's family, recently swapped $500,000 for 510,000 ENA tokens. The portfolio of this entity is heavily weighted towards Ethereum, which constitutes 70.7% of the holdings, amounting to approximately $50.8 million in 14,678 ETH. Additionally, 13% of the portfolio is in cbBTC, valued at around $10.45 million, while 10% is held in stablecoins such as USDT and USDC. Other holdings include LINK (2.8%), AAVE (2.67%), and ENA (0.74%). This move highlights a strategic diversification within the portfolio, potentially signaling confidence in the ENA token.

According to Lookonchain, Trump's World Liberty has made significant cryptocurrency purchases. Recently, they spent $500,000 USDC to acquire 509,955 ENA tokens. Since November 30, World Liberty has also invested $30 million USDC to purchase 8,105 ETH at $3,701 each, $10 million USDC for 103 cbBTC at $97,181 each, $2 million USDC for 78,387 LINK at $25.5 each, and $1.91 million USDC for 5,885.5 AAVE. These strategic acquisitions highlight World Liberty's active participation in the crypto market.

According to Lookonchain, Trump's World Liberty has made another substantial investment by purchasing 37,052 LINK for $1 million at $27 each and 685 AAVE for $246,700 at $360 each. Since November 30, World Liberty has allocated significant funds, including $30 million USDC to acquire 8,105 ETH at $3,701, $10 million USDC to purchase 103 cbBTC at $97,181, and $2 million USDC for 78,387 LINK at $25.5. These investments highlight World Liberty's active engagement in the cryptocurrency market, indicating a bullish stance on these assets.

According to @intotheblock, cbBTC, the wrapped Bitcoin on Ethereum and Base by Coinbase, is now trackable through their risk analytics for MoonwellDeFi. Currently, there are 39 cbBTC supplied, primarily utilized for borrowing USDC. This new feature allows traders to monitor liquidity movements and utilization effectively.

According to IntoTheBlock, the market cap for staked Bitcoin is currently less than 1% of the value of wrapped BTC tokens. In the upcoming weeks, there is an expectation for increased borrowing of wrapped tokens like WBTC and cbBTC against Bitcoin staking tokens. This could lead to leveraged exposure to platforms such as Babylon and Symbiotic.

According to @CCData_io, today's top cryptocurrency news includes Coinbase launching a new wrapped Bitcoin token named cbBTC. Additionally, eToro will halt trading for most crypto assets following a settlement with the SEC. Lastly, Donald Trump has announced the launch of a new crypto project called ‘World Liberty Financial’.