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Tesla shares surged after Elon Musk announced plans to step back from his role in the controversial government initiative DOGE (Department of Government Efficiency), launched by the Trump administration. While Musk won’t be disappearing from Washington entirely, he confirmed that starting in May, his involvement will be “significantly reduced.”
“I’ll still be around if the president needs me,” Musk told investors during Tesla’s earnings call. “But I won’t be as involved.” His statement came just hours after Tesla reported a 20% drop in automotive revenue and a staggering 71% plunge in net income — marking the worst quarter since 2022.

Musk’s Political Footprint Fades
DOGE was created after Musk poured nearly $300 million into Trump’s 2024 campaign, helping secure Trump’s return to the White House and earning Elon the nickname “America’s First Buddy.” Since then, he has overseen deep cuts across dozens of federal agencies, including watchdogs that oversee his own companies — such as the FAA and SEC.
But Musk’s time in Washington may be running out. By May, he’ll reach the 130-day limit for “special government employees,” a legal category that exempts him from stricter ethics rules. Unless he is reappointed, his role will officially expire.

DOGE: Cuts, Controversy, and Chaos
While DOGE claims to have saved the government $160 billion, its impact remains controversial. The DOGE website recently removed its most extreme savings projections after criticism from experts. Some agencies reported chaotic takeovers — the Department of Education, for example, said DOGE workers physically displaced senior officials and installed white noise devices to muffle conversations.

Tesla Struggles Amid Losses and Protests
While Musk battled bureaucracy, Tesla bled value. During his time with DOGE, the company’s market cap dropped by $600 billion. Meanwhile, protests erupted in Europe and the U.S., targeting Tesla over Musk’s political ties — including his vocal support for Germany’s far-right AfD party.
Some investors are now betting that Tesla might rebound if Musk refocuses on the company. And the first signs are encouraging: the stock jumped as soon as he announced his retreat from DOGE.

#ElonMusk , #DOGE , #USGovernment , #CryptoNewsCommunity , #WallStreetNews

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

#Dogecoin has crossed the $0.18 mark with strong bullish momentum. Analysts are eyeing a target of $0.2, while derivatives data shows growing interest.

Read more on: https://thecryptobasic.com/2025/04/23/dogecoin-breaks-0-18-with-12-surge-is-0-20-next/
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Peter Brandt has flipped bullish on #Bitcoin , revealing his strategy for trading his long position on the pioneering cryptocurrency.

Read more on: https://thecryptobasic.com/2025/04/23/veteran-trader-peter-brandt-flips-bullish-reveals-long-position-on-bitcoin/
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Bitcoin ($BTC ) has surged past $91,000, marking a 3.25% increase in the last 24 hours. This upward movement reflects growing investor confidence and a strong bullish trend in the cryptocurrency market.
🚀 Key Drivers Behind the Bullish Trend

1. Institutional Adoption
A significant number of publicly traded companies are now holding Bitcoin as a strategic reserve asset. This trend underscores Bitcoin's growing acceptance as a hedge against inflation and a store of value.
2. Regulatory Developments
The re-election of President Trump, who has expressed support for cryptocurrencies, has led to expectations of a more favorable regulatory environment. This optimism is fueling increased investment in Bitcoin and other digital assets.
3. Market Dynamics
Analysts observe that Bitcoin's market capitalization is outpacing its realized capitalization, a pattern historically associated with strong bullish cycles This suggests that the current upward trend may continue in the near term
📊 Future Outlook

Analysts have set ambitious price targets for Bitcoin, with projections ranging from $200,000 to $225,000 by the end of 202. These forecasts are based on factors such as increased institutional investment, favorable regulatory conditions, and historical price patterns following halving event
📌 Conclusion

Bitcoin's recent surge past $91,000 highlights the cryptocurrency's strong bullish momentm With institutional adoption on the rise and a supportive regulatory landscape, Bitcoin appears poised for continued growh Investors and market participants will be closely watching for further developments as the year progresss.
#BTC #CryptoNewsCommunity #BTC走势分析 $BTC #BinanceAlphaAlert

#Bitcoin has reclaimed $87K and is now targeting $92K, fueled by hype surrounding Michael Saylor and a surge in derivative market activity.

Read more on: https://thecryptobasic.com/2025/04/21/bitcoin-tops-87k-bulls-anticipate-breakout-rally-to-92k/
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The launch of the #TRXETF is making waves in the market! TRON (TRX) continues to prove its strength and utility, and now with an ETF on the horizon, it's getting the recognition it deserves in mainstream finance.

Why it matters:

More accessibility for traditional investors

Increased legitimacy for TRON

Potential for TRX price growth

Could this be the beginning of a new bull run for TRON? Let’s discuss!

#TRON✅ #CryptoNewsCommunity #CryptoETFs #TrendingTopic #blockchaineconomy

The controversial, privacy-focused crypto exchange eXch has announced it will cease operations on May 1 following growing allegations that it was involved in laundering stolen funds from the $1.4 billion Bybit hack, allegedly linked to North Korea’s Lazarus Group.

🔹 DOJ Whistleblower Triggered the Shutdown
eXch CEO Johann Roberts revealed that the decision came after an approach from a verified whistleblower within the U.S. Department of Justice (DOJ), who shared critical data that the team “could not ignore.”
“We see no point in continuing in an environment where we are targeted simply because some misunderstand our intentions,” eXch stated in an official announcement.

The team also referred to an active SIGINT operation — signal intelligence gathering — aimed at eXch’s infrastructure.

🔹 Linked to the Bybit Hack and Money Laundering
Back in February, hackers stole 401,346 ETH from Bybit — worth $1.4 billion at the time. The FBI later linked the attack to North Korea’s Lazarus Group.
Blockchain investigators such as Elliptic and ZachXBT alleged that eXch processed part of the stolen funds, even after Bybit requested a freeze on related transactions.
eXch initially denied all claims and blamed a delay in AML screening from its third-party provider — claiming that data about the compromised addresses arrived 12 hours too late. The exchange later admitted to having processed “a very small amount,” around 90,000 ETH, out of the stolen batch.

🔹 eXch: “We Don’t Launder for North Korea”
At first, eXch firmly denied any wrongdoing:
“We do not launder money for Lazarus or the DPRK,” the exchange said.
It also claimed its refusal to cooperate with Bybit was due to past reputational attacks from Bybit against eXch.

🔹 No KYC = No Access
eXch was known for operating without Know-Your-Customer (KYC) verification, which it marketed as a commitment to user privacy. According to eXch, that’s also why Elliptic refused to work with them.
CEO Johann Roberts later criticized standard AML procedures, calling some of them “pointless and easily bypassed”. He also accused firms like Elliptic of elitist policies that hinder fairness in the crypto industry.

🔹 What’s Next?
eXch will continue offering API access to its partners until May 1, after which a new management team will decide on the platform’s future.
It remains unclear whether the current team will face legal charges, but investigations are intensifying. Authorities, blockchain analysts, and crypto watchdogs are still tracking wallet movements tied to the Bybit breach.

#bybit , #eXch , #CryptoNewsCommunity , #CryptoSecurity , #LazarusGroup

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Elon Musk’s SpaceX, in collaboration with software firm Palantir and drone maker Anduril, has joined forces to bid on the ambitious U.S. missile defense project “Golden Dome”, championed by Donald Trump. The goal? To protect the United States from what Trump has called “the most catastrophic threat of our time” — a missile attack.

🔹 Golden Dome: A Space-Based Shield
The trio proposes launching 400 to 1,000 satellites to detect missile launches, track their trajectories, and assess potential threats. Additionally, the system would include around 200 offensive satellites capable of neutralizing enemy missiles mid-air.
However, sources confirm that SpaceX will not be involved in weaponizing these satellites — their focus is on tracking and control systems.

🔹 SpaceX Has the Edge: Rockets, Satellites, and Speed
With Falcon 9 rockets launching nearly weekly and hundreds of satellites already in orbit, SpaceX is well ahead of its competitors. This gives them a clear advantage in the Pentagon’s ongoing evaluation process.
Palantir is expected to deliver the real-time tracking software, while Anduril would contribute autonomous defense technology inspired by drone warfare.

🔹 A Revolutionary Idea: Subscription Instead of Ownership
The biggest surprise? SpaceX is proposing a subscription-based model: instead of the U.S. government owning the defense system, it would pay for access.
While this model could mean faster deployment, it also raises concerns about long-term dependency, limited control over upgrades, and recurring costs.
According to insider reports, some Pentagon officials are uneasy with this approach — such models are virtually unheard of in large-scale military programs.

🔹 What Will Golden Dome Cost?
Analysts estimate that the full system could cost hundreds of billions of dollars, including tracking, command, and offensive capabilities.

The Pentagon wants to see an initial version ready by 2026, with full global coverage by 2030.
While SpaceX would handle the “eyes and brain” of the system, contracts for interception and destruction will be awarded separately.

🔹 A Likely Winner?
The Pentagon hasn’t chosen a final contractor yet, but with its existing infrastructure, technology, and political connections, SpaceX is a top contender.

Still, military leaders continue to weigh whether a subscription model is truly appropriate for a system of such critical national importance.

#ElonMusk , #TRUMP , #SpaceX , #USPolitics , #CryptoNewsCommunity

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“