Elon Musk’s New Political Party Will Embrace Bitcoin
Elon Musk said that his new party would embrace Bitcoin because “fiat is hopeless,” in a post on X when asked by user ‘Renato Lima’ on Monday. His latest mention of Bitcoin has been viewed by analysts and commentators as warming up to the asset again. “You were the...
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UAE Authorities Debunk Reports of Getting Golden Visa by Staking Toncoin
United Arab Emirates (UAE) authorities have sharply rebuffed reports of individuals being able to acquire UAE’s Golden Visa by staking Toncoin (TON). The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and Dubai’s crypto regulator Virtual Assets Regulatory Authority (VARA), issued...
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Elon Musk Says His America Party Will Embrace Bitcoin: ‘Fiat Is Hopeless’
Elon Musk said Sunday that his new ‘America Party’ will embrace Bitcoin (CRYPTO: BTC), the world’s largest cryptocurrency by capitalization. What happened: An X user, Renato Lima, asked Musk whether his new centrist party would embrace Bitcoin. “Fiat is hopeless, so yes,” replied the SpaceX and Tesla CEO. Fiat...
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Elon Musk Says America Party Will Embrace BTC as ‘Fiat Is Hopeless’
Elon Musk’s ‘America Party’, a pro-tech centrist party the Tesla and SpaceX founder plans to form after his split from President Donald Trump, would embrace bitcoin (BTC) Musk said on X. Musk has been a long supporter of cryptocurrencies, with SpaceX and Tesla both holding BTC in their corporate...
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Dogecoin Shoots Up Over 6% As Elon Musk Launches America Party, Large Transactions Spike
Dogecoin (CRYPTO: DOGE) is trading higher overnight Sunday after Elon Musk launched his new political party. What Happened: The dog-themed memecoin spiked over 6% in the last 24 hours, with trading volume exploding 179% to $1.19 billion. DOGE’s open interest lifted over 8%, according to Coinglass, indicating high speculative...
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Bitcoin, Ethereum, Dogecoin Gain As Trump Tariffs Deadline Delayed: ‘Massive’ Altcoin Season In The Works, Says This Analyst
Leading cryptocurrencies rose on Sunday while stock futures fell as the Trump administration extends tariff deadline. Cryptocurrency Gains +/- Price (Recorded at 10:20 p.m. ET) Bitcoin (CRYPTO: BTC) +0.68% $108,984.99 Ethereum (CRYPTO: ETH) +1.76% $2,560.46 Dogecoin (CRYPTO: DOGE) +5.30% $0.1728 What Happened: Bitcoin surged to an intraday high of...
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Asia Morning Briefing: Michael Saylor’s BTC Buys Aren’t Making Up For Slowing Spot Demand, Say Analysts
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins a new...
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Elon Musk’s America Party: Polymarket Users Bet On Andrew Yang, Mark Cuban Joining New Political Front
Cryptocurrency bettors are strongly believing that entrepreneur and former presidential candidate Andrew Yang will join tech mogul Elon Musk’s new political party. What Happened: Yang had the highest possibility of joining Musk’s new political front before October, at 44%, according to the decentralized prediction tool Polymarket. Notably, billionaire investor...
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Elon Musk confirms ‘America Party’ will embrace Bitcoin because fiat is hopeless
Musk’s endorsement of Bitcoin for his proposed party could accelerate cryptocurrency’s mainstream acceptance and challenge traditional finance. The post Elon Musk confirms ‘America Party’ will embrace Bitcoin because fiat is hopeless appeared first on Crypto Briefing....
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