ElonsMusk

Dogecoin is showing strong signs of bullish momentum and may be on its way to a new all-time high.
Here’s why:
1. The final resistance is being broken:
Dogecoin is facing final resistance at $0.47.
However, recent price action shows that buyers are overcoming this barrier.
Strong bullish candles show that buyers are in control and ready to push prices higher.

Elon Musk's involvement in the crypto
market, especially with $DOGE , has
been huge. His tweets and support for the
token have sent it soaring multiple times,
showing the volatility and power public
figures hold in the crypto space,
However, his controversial relationship
with former President Donald Trump, now
the newly elected President of the U.S.,
has stirred debate. Both Musk and #Trump
are in favor of less government
intervention, which could significantly
affect the financial and crypto markets.
#ElonsMusk #Trump

There are nights when the mind gets lost in the twists and turns of the unknown, when every thought becomes a dancing shadow, every idea a riddle to be solved. That night, as I delved into the depths of my investigation, a new name emerged from the darkness: Elon Musk. A name that resonates with the brilliance of the stars, a man whose mere mention evokes rockets, electric cars, crazy projects that only the greatest visionaries dare to conceive. But behind that name, a question loomed, dark, insidious: What if Elon Musk was Satoshi Nakamoto?

The price of Bitcoin (BTC) experienced sharp turbulence over the last 24 hours, falling nearly 3% to $100,500 before slightly rebounding to $102,180, according to CoinMarketCap. This volatility was amplified by two major forces: growing macroeconomic unease and the public clash between U.S. President Donald Trump and Tesla/SpaceX CEO Elon Musk.
$308 Million in BTC Longs Liquidated
Traders who went long on Bitcoin were caught off guard by the drop, resulting in approximately $308 million in long position liquidations, data from CoinGlass shows. The cryptocurrency fell from an intraday high of $105,915 to $100,500, setting off a wave of stop-loss triggers and forced liquidations across major exchanges.
The situation mirrored a broader crypto market sell-off, with total liquidations exceeding $982 million, of which over $891 million came from long positions.
Trump-Musk Clash Fuels Market Anxiety
The market disruption coincides with an intensifying feud between Trump and Musk. On June 5, Musk criticized Trump’s proposed global tariffs, claiming they could “cause a recession in the second half of this year.” Trump retaliated on his Truth Social platform, suggesting the cancellation of Musk’s government contracts would save the U.S. “billions and billions.”
Musk escalated the situation by announcing SpaceX would begin decommissioning its Dragon spacecraft, the only current U.S.-built vehicle for sending astronauts to space, though he later walked back the statement.
This high-profile clash has injected uncertainty into investor sentiment, particularly around federal policy direction and tech-sector stability, two areas tightly intertwined with crypto market confidence.
Long-Term Bitcoin Holders Join the Sell-Off
Adding to the selling pressure, analytics platform Glassnode reported that long-term Bitcoin holders—those holding BTC for more than 155 days—have been gradually offloading their holdings since Bitcoin’s all-time high of $111,970 on May 22.
Glassnode warned in a June 5 market update:
“With long-term holders gradually applying sell pressure, the probability of a short-term correction continues to build, particularly in the absence of a strong upside catalyst.”
These strategic exits from seasoned holders are compounding downside momentum, especially as new bullish catalysts remain elusive.
Altcoins Join in the Downturn
The sell-off wasn't limited to Bitcoin. Major altcoins also suffered:
Ethereum (ETH) fell 7.25%XRP dropped 4.35%Solana (SOL) slid 5.20%
This widespread correction suggests a broad market sentiment shift, likely influenced by macro-level fears and trader repositioning ahead of anticipated volatility.
What’s Next for Bitcoin?
Despite the short-term weakness, Bitcoin is still trading above a key psychological level of $100K, which some analysts see as a potential support zone. However, the combination of political drama, institutional uncertainty, and long-term holder exits could keep prices under pressure unless a new catalyst emerges.
The post appeared first on CryptosNewss.com
#TrumpMusk #TRUMP #ElonsMusk $BTC

Elon Musk, the renowned tech entrepreneur behind companies like Tesla, SpaceX, and Twitter, is once again stirring up controversy with his latest statements. This time, his target is the Consumer Financial Protection Bureau (CFPB), a U.S. government agency tasked with safeguarding consumers in the financial sector. Musk, known for his unconventional views and willingness to challenge established systems, has called for the abolition of the CFPB, a move that could have far-reaching implications for both consumers and the financial industry.
The CFPB: What It Is and Why It Was Created
The Consumer Financial Protection Bureau was established in 2011, following the 2008 financial crisis, as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Its mission is to oversee and regulate consumer financial products and services, ensuring that they are fair, transparent, and free from deceptive or predatory practices. The CFPB’s reach spans a wide array of sectors, including mortgages, credit cards, student loans, and payday loans, with the goal of protecting vulnerable consumers from exploitative practices.
The bureau has the authority to enforce regulations, supervise financial institutions, and take action against companies that violate consumer rights. Over the years, the CFPB has garnered both praise and criticism, with proponents lauding its efforts to hold big banks and financial institutions accountable, while detractors argue that it imposes burdensome regulations that stifle economic growth and innovation.
Musk’s Criticism: A Call for Less Regulation
Elon Musk’s call for the abolition of the CFPB is grounded in his broader libertarian philosophy and belief in minimal government intervention in the market. Musk has long been a vocal advocate for reducing regulatory oversight, arguing that excessive regulation inhibits innovation and economic progress. His stance on the CFPB reflects this mindset, as he contends that the agency’s existence leads to overregulation, making it harder for businesses, especially startups, to thrive.
In a recent interview, Musk argued that the CFPB, while intended to protect consumers, often creates more harm than good. According to him, the agency's enforcement actions and rules disproportionately burden smaller companies and entrepreneurs, who lack the resources to navigate the complex regulatory landscape. Musk suggested that consumers are capable of making informed decisions on their own, and that market forces—rather than government oversight—should be the primary mechanism for ensuring fairness in financial services.
The Potential Impact of Abolishing the CFPB
Musk’s proposal to dismantle the CFPB is likely to spark intense debate, with both supporters and critics offering compelling arguments. If the CFPB were abolished, financial institutions would face fewer regulations and oversight, potentially leading to a more deregulated market. For supporters of Musk’s view, this could create a more dynamic and competitive financial landscape, where businesses have greater freedom to innovate and consumers have more options.
However, critics of Musk’s proposal warn that the elimination of the CFPB could leave consumers more vulnerable to predatory lending, deceptive practices, and financial instability. Without the bureau’s oversight, financial institutions may be more inclined to exploit consumers for profit, particularly those who are less financially savvy or who face economic hardship. The 2008 financial crisis, which led to the creation of the CFPB, is still fresh in the minds of many, and the idea of returning to a less regulated financial environment raises concerns about a repeat of the disastrous outcomes that followed the last deregulation push.
A Divisive Issue: Public Reactions and Political Implications
Musk’s proposal is likely to divide opinion along ideological lines. Libertarians and free-market advocates will likely support his call for a smaller government role in financial regulation, while progressives and consumer advocates will argue that the CFPB plays a vital role in protecting vulnerable populations from corporate abuse.
The political landscape also plays a significant role in how this debate unfolds. In recent years, there has been increasing polarization over the role of government in regulating businesses. Republicans and conservatives tend to favor a reduction in regulatory agencies, seeing them as overreach that stifles free-market capitalism. On the other hand, Democrats and liberals often view regulatory bodies like the CFPB as essential safeguards for consumers, particularly those from low-income or marginalized communities.
The Future of Financial Regulation
While Musk’s call for the abolition of the CFPB may not immediately lead to its dissolution, it signals a larger conversation about the role of government in financial oversight. As financial markets evolve and new technologies like cryptocurrencies and artificial intelligence reshape the landscape, regulators will face increasing pressure to balance consumer protection with innovation. Musk’s proposal challenges the status quo, but it also underscores the ongoing debate about the balance between regulation and freedom in the financial sector.
Whether or not Musk’s vision of a deregulated financial future becomes a reality, one thing is clear: the conversation about the future of consumer financial protection will continue to be a focal point in the ongoing dialogue about government regulation, market forces, and the rights of consumers.
#BinanceHODLerTHE #ElonsMusk #BNBChainMeme $BNB

The Trump Administration's Influence on the Cryptocurrency Market and the Future of BabyDoge Coin 🚀

The cryptocurrency market has undergone intense transformations over the years, and the Trump administration's policies have left their mark on this universe. Now, with Trump's potential return to the political scene, many investors are wondering: How could his strategies impact cryptocurrencies? And more importantly: Will BabyDoge Coin be one of the big beneficiaries? 🐶💰
Trump and the Economic Strategy: The Impact on the Crypto World