News
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
Trump family’s World Liberty token tumbles on first trading day, falling 12% to $0.246 after initial debut
– 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.
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.
News
Trump gives Hamas ultimatum for Gaza peace plan acceptance
Trump gives Hamas deadline to accept Gaza peace plan amid rising pressure from Arab states and ongoing conflict in the region
Trump gives Hamas deadline to accept Gaza peace plan amid rising pressure from Arab states and ongoing conflict in the region
– Trump gives Hamas three to four days to accept a U.S.-backed Gaza peace plan, warning of consequences.
– Hamas calls the plan biased and insists on a complete Israeli withdrawal before considering any agreement.
Trump stated that support for the plan came from both Israeli and Arab leaders, and he emphasised the need for Hamas to respond promptly. The proposal includes a ceasefire, hostage exchanges, an Israeli withdrawal from Gaza, and disarmament of Hamas, along with a transitional government.
A Hamas source described the plan as biased towards Israel and containing unacceptable conditions.
The group maintains that a complete Israeli withdrawal is a prerequisite for their agreement to any deal, while they are unwilling to disarm.
Pressure Mounts
Hamas faces significant pressure as foreign ministers from Saudi Arabia, Jordan, the UAE, Qatar, and Egypt have supported the initiative. Turkey’s intelligence head is also set to join discussions in Doha, marking a new level of mediation.
Despite expressing initial support, Netanyahu is cautious about the plan’s implications for Palestinian statehood and faces pressure from his coalition. Public sentiment in Gaza reflects a desire for peace, albeit with scepticism about the sincerity of both Trump and Netanyahu’s commitments.
News
Trump shocks Hollywood with 100% film tariff
Trump proposes a 100% tariff on foreign movies, potentially reshaping Hollywood and affecting international co-productions. #Trump #Hollywood
Trump proposes a 100% tariff on foreign movies, potentially reshaping Hollywood and affecting international co-productions. #Trump #Hollywood
Donald Trump has rocked Hollywood with a proposal to impose a 100 per cent tariff on all movies made outside the United States.
The move, aimed at reshaping the entertainment industry, could force studios to shift production back home and disrupt international co-productions
#Trump #Hollywood #FilmIndustry #Movies #TradeWar #TickerNews
News
Trump unveils 20-point Gaza peace plan
Trump reveals a 20-point plan to end Gaza conflict, including hostages’ release, economic initiatives, and Palestinian statehood prospect.
Trump reveals a 20-point plan to end Gaza conflict, including hostages’ release, economic initiatives, and Palestinian statehood prospect.
President Donald Trump has unveiled a sweeping 20-point proposal aimed at ending the war in Gaza, following talks with Israeli Prime Minister Benjamin Netanyahu.
The plan calls for the release of all hostages, new economic initiatives for the region, and even raises the prospect of Palestinian statehood, though Hamas has not yet endorsed the proposal.
#Trump #Gaza #Israel #Palestine #PeacePlan #MiddleEast #TickerNews
-
Shows2 days agoExpert negotiation tips for confident property buyers
-
Tech3 days ago
Meta intensifies robot development amidst competitive landscape
-
Money3 days ago
Markets remain strong amid potential government shutdown fears
-
Shows2 days ago
Alita Harvey-Rodriguez discusses her marketing journey
-
Ticker Views3 days ago
Taller, leaner, faster: the evolution of the ‘perfect’ AFL body
-
News1 day ago
AI revolutionises cyber threats, warns Wiz CTO
-
News2 days ago
Trump targets pharma with 100% tariff
-
News2 days ago
Russia launches massive strike on Ukraine
