In today's crypto news, TikTok has refuted claims made by US Representative Brad Sherman that it purchased hundreds of millions of dollars in President Trump's memecoin. The platform's official account stated that such allegations are false and misleading. This response comes as Trump signed another executive order delaying the potential ban on TikTok, granting the company an additional 90 days to find a buyer. Meanwhile, Bitcoin sentiment is nearly evenly divided between bullish and bearish views, with a recent analysis indicating a ratio of 1.03 bullish comments for every bearish one. This sentiment mirrors the low points seen in April during market turmoil caused by Trump's tariffs. Bitcoin has remained stable around $104,500, with predictions split on whether it will reach an all-time high or drop again. Additionally, Elon Musk's platform, X, is set to launch financial services by 2025, allowing users to manage payments and investments directly within the app, marking a significant expansion into the financial sector. Read more AI-generated news on: https://app.chaingpt.org/news

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