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Tag: Elon Musk

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Is Elon Musk Right To Criticize the Rising Debt Ceiling and Bet On Bitcoin?

In Brief Elon Musk critiques the US debt ceiling and Trump’s “One Big Beautiful Bill,” calling it a ticking “debt bomb.” Bitcoin gains attention as a potential solution to the growing US national debt due to its stability and long-term growth. Experts warn of Bitcoin’s volatility but acknowledge its potential as a hedge against inflation…
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Elon Musk Confirms America Party’s Commitment to Bitcoin, Calls Fiat ‘Hopeless’

In Brief Elon Musk announces that his new America Party will adopt Bitcoin (BTC). Musk criticizes traditional fiat currency as “hopeless” in response to a question on X (formerly Twitter). The creation of the America Party follows Musk’s fallout with Trump over the ‘big beautiful bill’ and its economic implications. Elon Musk, the billionaire entrepreneur…
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Dogecoin Lawsuit Against Elon Musk Ends as Investors Drop Appeal

In Brief Dogecoin investors have dropped their class-action lawsuit against Elon Musk, which alleged market manipulation and insider trading. Both sides have withdrawn motions seeking sanctions, ending legal disputes following the case’s dismissal in August. The lawsuit claimed Musk’s public statements influenced Dogecoin’s price, but the judge ruled they did not amount to securities fraud.…
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Elon Musk Post About ‘Executed’ Squirrel Drives Meme Coin PNUT to $130 Million Market Cap

In Brief Following Elon Musk’s outrage over the death of Peanut the Squirrel, the PNUT meme coin hit a $130 million market cap. Data shows that both whales and retail market participants bought into the hype as the meme coin soared in three days. While, PNUT’s price initially hit $0.14, it has retraced and the…
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Elon Musk’s D.O.G.E Post Sparks New Momentum for Dogecoin

In Brief Dogecoin surged 6% after Elon Musk’s X post about a “Department of Government Efficiency (D.O.G.E).” Musk hinted at joining a Trump administration, sparking Dogecoin community excitement. Musk’s posts often drive DOGE volatility, despite his commitment to avoid crypto promotion.   Dogecoin (DOGE) has surged nearly 6%, fueled by a recent post from X…
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Donald Trump and Elon Musk Sideline Crypto Talk, Triggering Meme Coin Plunge

In Brief Trump and Musk’s Twitter Spaces talk avoided crypto, disappointing many expecting mentions of Bitcoin or Tesla. MAGA-themed meme coins dropped sharply, with values falling by 15.58% and 27.35% after the talk. Trump’s strategic crypto engagement continues despite avoiding the topic in broad public forums.   During a highly anticipated Twitter Spaces conversation on…
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Elon Musk’s New AI Chatbot ‘Grok’ Tackles Tough ‘Spicy’ Questions

In a nutshell Elon Musk presents ‘Grok,’ a man-made intelligence chatbot by xAI, known for its excessive, funny, and insubordinate reactions. Grok, the simulated intelligence chatbot, is intended to answer a great many inquiries with a dash of humor and is available to growing. Stack Flood’s new 28% labor force decrease is a reaction to…
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‘X’ Altcoin Detonates 1,000% Following Elon Musk Twitter Rebrand

In a nutshell Dark digital currency ‘X’ flooded more than 1,000% following Elon Musk’s declaration to rebrand Twitter as X.com. The X token, connected to a shut NFT commercial center, was exchanging at $0.00002 and leaped to $0.00025 with volume flooding to $50,000. In spite of the irrelevant symbolic’s flood, the generally crypto market stays…
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Is Elon Musk Losing Effect on the Dogecoin (DOGE) Cost?

Briefly Elon Musk’s influence on the price of Dogecoin dates back to 2021, when a series of tweets that included a comment from Saturday Night Live (SNL) sent the DOGE price skyrocketing. This week, Elon Musk’s tweet referencing DOGE comparably affects the DOGE cost throughout the course of recent hours. All the more as of…
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Mark Zuckerberg and Elon Musk Compete for the Rule of Social Media

In a nutshell Mark Zuckerberg will present Project 92, an Instagram and ActivityPub-based alternative to Twitter. The confrontational approach taken by Elon Musk challenges Twitter’s established norms and stokes debate regarding censorship and free speech. The two tech giants, Musk and Zuckerberg, appear to have agreed to a physical fight, extending the rivalry beyond the…
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