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Coinpedia

World Liberty Financial (WLF) launches a buyback program for its WLFI token, which has fallen over 73% since its peak. The plan aims to reduce supply, boost governance participation, and consolidate voting power among long-term holders.

Cointelegraph

Donald Trump's involvement in issuing a meme coin and his business interests have been cited as reasons for the delay in the passage of the CLARITY Act, which aims to establish cryptocurrency regulations. The bill's progress has stalled due to a loss of Democratic support. Meanwhile, there is also anticipation regarding the tokenization of assets.

Beincrypto

World Liberty Financial (WLFI) has started a governance token WLFI buyback utilizing the yield from its stablecoin USD1 reserves. This strengthens the voting rights of long-term holders and suggests that USD1 adoption may indirectly influence the WLFI price. Trump-related meme coins also showed a downward trend.

Hankyung

"$70 became $1"... Trump Coin Plummets Amid 'Blue Tsunami'

President Trump's meme coin '$TRUMP' plummeted by 98.5% after the Republican Party's crushing defeat in the midterm elections, hitting an all-time low. This reflects concerns about the braking of pro-crypto policies and intensified congressional investigations following the Democratic Party's control of both the House and the Senate. It was revealed that President Trump earned approximately 850 billion won from selling the coin.

Cointelegraph

Anthony Scaramucci claims Donald Trump's memecoin ventures derailed the CLARITY Act, causing Democrats to withdraw support due to concerns over ethics and business interests. The bill failed to advance, with significant losses reported for investors in Trump-related crypto.

TokenPost

Official TRUMP plummeted 19.92% on Binance, reaching $1.27. The RSI entered oversold territory at 27.9, and it's trading below key moving averages. It's described more as a support tool than an investment.

Bloomingbit

Trump-related assets plummeted as Democrats secured control of both houses in the US midterm elections. Trump Media's stock price hit an all-time low, and the meme coin TRUMP also showed weakness. This is analyzed as reflecting concerns about potential investigations into the Trump family's businesses by the Democratic Party.

Beincrypto

Trump-related meme coins TRUMP and MELANIA hit all-time lows following the Democratic Party's congressional control. While Bitcoin and Ethereum showed upward trends, Trump Media stocks also plummeted. The Democratic Party has signaled an investigation into the Trump family's cryptocurrency transactions.