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#elionmask After the issues between Trump and Elon Musk, do you expect the value of cryptocurrencies to return to its previous state?
#TrumbBinance
#elionmask After the issues between Trump and Elon Musk, do you expect the value of cryptocurrencies to return to its previous state?
🇺🇸 Elon Musk Launches 'America Party Announces Support for Bitcoin
Quick Overview Elon Musk has officially announced the formation of a new political party, The America Party, aiming to challenge the dominant two-party system in the United States. One of the core principles of the new party will be strong support for Bitcoin. Responding to a user on X (formerly Twitter) who asked if the party would embrace Bitcoin, Musk stated: $BTC
“Fiat is hopeless, so yes.”
Background The announcement followed a public poll conducted by Musk on X, where he gauged support for the idea. He wrote:
“When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy. Today, the America Party is formed to give you back your freedom.”
Strategic Vision Musk emphasized a targeted political strategy, saying the party will initially focus on securing 2–3 Senate seats and 8–10 House districts.
“Given the razor-thin legislative margins, this would be enough to serve as the deciding vote on key legislation — ensuring laws reflect the will of the people,” he said.
Clash With Trump This announcement follows a public disagreement between Musk and former President Donald Trump, specifically over the recent $3.4 trillion federal spending bill — labeled the "Big, Beautiful Bill." Musk criticized the bill as a “disgusting abomination” and blamed it for further increasing the U.S. deficit. Musk previously led the Department of Government Efficiency (DOGE) to reduce federal waste.
Trump responded via Truth Social, stating Musk had “gone completely off the rails” and claiming third parties have “never succeeded in U.S. history.”
Public Interest and Support Despite criticism, Musk’s America Party has already gained attention from notable figures including billionaire Mark Cuban and SkyBridge Capital founder Anthony Scaramucci. An official party website has also been launched, though no registration with the Federal Election Commission (FEC) has been confirmed yet. A full roadmap is still pending.
Bitcoin Price Movement Following the announcement, Bitcoin saw a modest increase of 0.78% in the past 24 hours, currently trading at $109,028, according to The Block’s Bitcoin Price Index.
🧾 Disclaimer
The Block is an independent media organization delivering unbiased news, research, and data focused on the cryptocurrency and blockchain industry. As of November 2023, Foresight Ventures is the majority investor in The Block. Foresight Ventures also invests in other companies in the crypto space. Bitget, a cryptocurrency exchange, is an anchor limited partner (LP) for Foresight Ventures.
Despite these associations, The Block maintains full editorial independence to ensure objective, impactful, and timely reporting. #Binance #elionmask
“Fiat is hopeless, so yes.”
Background The announcement followed a public poll conducted by Musk on X, where he gauged support for the idea. He wrote:
“When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy. Today, the America Party is formed to give you back your freedom.”
Strategic Vision Musk emphasized a targeted political strategy, saying the party will initially focus on securing 2–3 Senate seats and 8–10 House districts.
“Given the razor-thin legislative margins, this would be enough to serve as the deciding vote on key legislation — ensuring laws reflect the will of the people,” he said.
Clash With Trump This announcement follows a public disagreement between Musk and former President Donald Trump, specifically over the recent $3.4 trillion federal spending bill — labeled the "Big, Beautiful Bill." Musk criticized the bill as a “disgusting abomination” and blamed it for further increasing the U.S. deficit. Musk previously led the Department of Government Efficiency (DOGE) to reduce federal waste.
Trump responded via Truth Social, stating Musk had “gone completely off the rails” and claiming third parties have “never succeeded in U.S. history.”
Public Interest and Support Despite criticism, Musk’s America Party has already gained attention from notable figures including billionaire Mark Cuban and SkyBridge Capital founder Anthony Scaramucci. An official party website has also been launched, though no registration with the Federal Election Commission (FEC) has been confirmed yet. A full roadmap is still pending.
Bitcoin Price Movement Following the announcement, Bitcoin saw a modest increase of 0.78% in the past 24 hours, currently trading at $109,028, according to The Block’s Bitcoin Price Index.
🧾 Disclaimer
The Block is an independent media organization delivering unbiased news, research, and data focused on the cryptocurrency and blockchain industry. As of November 2023, Foresight Ventures is the majority investor in The Block. Foresight Ventures also invests in other companies in the crypto space. Bitget, a cryptocurrency exchange, is an anchor limited partner (LP) for Foresight Ventures.
Despite these associations, The Block maintains full editorial independence to ensure objective, impactful, and timely reporting. #Binance #elionmask
🟠 The European Commission places X's chatbot Grok under scrutiny.
This is not about rumors, but a formal investigation that could extend until the end of 2026.
The reason? The tool's use in generating images—some of which involve minors—has raised widespread concern about the weak safeguards in generative AI tools.
The investigation is part of the Digital Services Act, which allows the European Union to impose fines of up to 6% of a major platform's annual revenue for violations of the rules.
The issue has not stopped at Europe's borders—India, France, and the United Kingdom have joined in with formal requests for investigation and clarification.
The message from regulators is clear:
Innovation does not exempt from responsibility.
Are we witnessing the beginning of a new era where legal compliance becomes a prerequisite for any smart application?#elionmask #ElionMusk $BTC $ETH $BNB
This is not about rumors, but a formal investigation that could extend until the end of 2026.
The reason? The tool's use in generating images—some of which involve minors—has raised widespread concern about the weak safeguards in generative AI tools.
The investigation is part of the Digital Services Act, which allows the European Union to impose fines of up to 6% of a major platform's annual revenue for violations of the rules.
The issue has not stopped at Europe's borders—India, France, and the United Kingdom have joined in with formal requests for investigation and clarification.
The message from regulators is clear:
Innovation does not exempt from responsibility.
Are we witnessing the beginning of a new era where legal compliance becomes a prerequisite for any smart application?#elionmask #ElionMusk $BTC $ETH $BNB
My beautiful people, I have been studying a little #OM what do you think of this currency that invests in projects about the cosmos and the universe? I believe it is the future in about 3 to 5 years #elionmask has been launching projects for a city on Mars, more trips to the moon, and various prototypes of interstellar travel. In conclusion, the future in this type of long-term projects could give you surprising profits.
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