Trump’s World Liberty Financial launches token buyback program

Public Citizen reports Trump's crypto ventures have generated $1.4B in income for him while causing $4.7B in losses for retail investors. Key products include $TRUMP meme coin ($3.2B losses), $WLFI token ($1B+ losses), and Bitcoin holdings ($450M loss). Trump earns through licensing and fees without capital investment, while investors bear price risk. The report suggests Congress should bar presidents from profiting from digital assets they regulate.

Bitcoin fell below $72K, trading at $71,878, down 3.0% in 24 hours and 5.6% over the week. Nvidia CEO Jensen Huang stepped down, with CFO Colette Kress as interim CEO. Bitcoin lost two key support levels, with the next at $68K. Ethereum also declined, down 3.2% on the day. Analysts note potential support and resistance levels for Bitcoin.

Bitcoin (BTC) fell to $71,548, losing 2.8% in 24 hours. The decline erased over $550B from the crypto market since October, with $650M in liquidations. Ethereum and other large-cap cryptocurrencies also faced selling pressure. U.S. spot Bitcoin ETFs saw $95M in outflows, extending a four-day withdrawal streak. Hotter U.S. inflation data raised Fed rate hike concerns, impacting market sentiment.

Zcash coinholders and community panels vote from Nov. 16 to Nov. 30 on a draft ZIP to move 50,000 ZEC from the grants treasury to the Network Sustainability Mechanism, ending ZCG's 8% share of block rewards. If passed, it would leave ZCG with 41,453 ZEC and $8.8M in cash, with no activation date set yet.

DTCC plans to integrate Solana into its tokenization service for traditional securities by the second half of 2027, allowing eligible DTC-held assets to be tokenized and managed on Solana. The service aims to provide liquidity, collateral mobility, and capital efficiency. Meanwhile, Securitize expanded its Solana-based tokenized stock offerings to 25 equities, including Disney and ExxonMobil, enabling trading beyond regular market hours.

Bitcoin fell below $72,000, triggering $125 million in long position liquidations over 20 minutes. The $72,000-$73,000 range has seen significant liquidations, with over $1 billion in long positions clustered just below $72,500. Total Bitcoin futures open interest remains above $50 billion, indicating high speculative activity. Investors should monitor Bitcoin's ability to reclaim the $72,000-$73,000 range and changes in open interest.