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Trump’s World Liberty token plummets on debut trading

Trump family’s World Liberty token tumbles on first trading day, falling 12% to $0.246 after initial debut

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Trump family’s World Liberty token tumbles on first trading day, falling 12% to $0.246 after initial debut

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In Short:
– World Liberty Financial’s new tokens linked to Trump’s cryptocurrency venture dropped 12% on their first trading day.
– The Trump family has reportedly earned around $500 million from this cryptocurrency venture amid ongoing criticism.

New digital tokens from World Liberty Financial, linked to Donald Trump’s cryptocurrency venture, experienced a drop in their first trading day. According to Reuters, the World Liberty tokens, or $WLFI, were introduced following last year’s launch of a decentralised finance platform by the Trump family and its partners.Banner

Initially priced over $0.30, the tokens fell by approximately 12% to $0.246, resulting in a market capitalisation just under $7 billion, placing WLFI as the 31st largest cryptocurrency, as per CoinGecko data. Major exchanges like Binance and OKX are facilitating token trades.

Since the venture’s inception, the Trump family reportedly earned around $500 million. While investors initially could not trade the tokens, recent changes allowed a portion of their holdings to be sold, potentially heightening speculative interest among investors.

Criticism Persist

The Trump family’s engagement in cryptocurrencies has drawn scrutiny from Democratic lawmakers and ethics experts. They argue that these activities may pose conflicts of interest amid regulatory changes concerning digital currencies, though the White House maintains that assets are held in a trust.


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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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AWS outage sparks business reputation risks

AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.

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AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.


A major Amazon Web Services outage highlights the dangers of relying on a single tech partner, with brands facing potential repetitional damage.

Darren Woolley from TrinityP3 discusses strategies to mitigate such risks.

#AWS #CloudComputing #TechOutage #BusinessRisk #TrinityP3 #BrandReputation #TechDependency #CloudStrategy


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Bitcoin’s weakness sparks market warning

Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.

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Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.


Bitcoin’s failure to rebound while other assets rally could signal deeper cracks in speculative markets.

Analysts warn it may foreshadow tougher times ahead.

#Bitcoin #Crypto #Markets #DavidScutt #StoneX #Investing #Fed #Inflation #Stocks #MarketWarning


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OpenAI launches Atlas to rival Google

OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.

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OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.


OpenAI has unveiled Atlas, an AI-powered browser built to challenge Google and reinvent how users search and interact online.

The launch marks a major shift in the future of web browsing.

#OpenAI #Atlas #AI #Technology #BradGastwirth #CircularTechnology #Google #SamAltman #ChatGPT #Innovation #TechNews


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