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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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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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Senate passes deal to end historic shutdown

Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.

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Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.


The U.S. Senate has approved a spending bill 60–40 to end the nation’s longest government shutdown, with House support and presidential backing expected.

The package funds key departments through January while adding new privacy safeguards for lawmakers.

#USPolitics #GovernmentShutdown #SenateVote #Congress #Trump #MikeJohnson #Washington #USNews #FederalFunding #CapitolHill


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Sussan Ley’s leadership tested amid net-zero debate

Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

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Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

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In Short:
– Sussan Ley’s leadership is questioned as the Liberal party debates net-zero emissions amidst internal divisions.
– Moderate MPs warn losing elections if net-zero is abandoned, highlighting urban voter support for a 2050 target.
Sussan Ley’s leadership faces scrutiny as the Liberal party debates a net-zero emissions target.
Conservative members argue she should abandon the goal to maintain her position, while moderates hope for a compromise that aligns with the Paris Agreement.Banner

Leadership contenders like Angus Taylor and Andrew Hastie support staying committed to the Paris Agreement, rejecting a net-zero commitment. Taylor indicated future leadership aspirations are not confirmed.

Pro-net-zero frontbencher Tim Wilson seeks decisive leadership to address the issue. Ley’s lack of internal guidance frustrates moderates, creating uncertainty regarding her stance on net-zero. While some conservatives advocate for its dismissal, others display mixed support.

Liberal party dynamics shift as polling reveals significant opposition to net-zero among constituents. The upcoming party room meeting and shadow ministers gathering will aim to finalise the Coalition’s position.

Internal Divisions

Moderate MPs warn that elections will be lost if net-zero is abandoned, emphasising its importance in urban areas.

A poll indicates strong support for a 2050 net-zero target among voters. Critics of the Nationals’ policy argue it is misguided and incompatible with national interests.

Calls for resignation from frontbench positions are met with opposition. Some representatives voiced frustration over the timing of the meeting, suggesting it should have been resolved earlier.


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