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Collette Philmore H14Q
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Trump and Musk enter bitter FIGHT - and Washington buckles up Don't Fight anymore It doesn't make any profit A ZERO-SUM GAME Donald Trump and Elon Musk, two of the worldโs most powerful men, are now in a heated public fight. Trump warned he might cancel government deals and financial support that help Muskโs companies, like SpaceX and Tesla. Teslaโs stock fell 14% after Trumpโs threats. Musk fought back, suggesting Trump should be removed from office and hinting he had damaging details about Trumpโs past ties to Jeffrey Epstein. He also briefly said he might stop running the Dragon spacecraft, which NASA depends on, but later changed his mind. The argument began when Musk criticized Trumpโs new tax and spending plan. Trump claimed Musk was only angry because the plan could harm Tesla. Musk replied that he doesnโt care about government aid and wants to lower the countryโs debt. The two were once allies, with Musk leading a Trump administration effort to cut government waste. But now, their relationship seems broken. Trump even used past tense, saying, "Elon and I **had** a great relationship." Democrats are watching, not sure if they should side with Musk or stay neutral. The fight could hurt Trump politically, especially if Musk supports his rivals. With neither man willing to give in, this battle could drag on for a long time.
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For Solana Traders (Price Prediction ) Source - Coinlore.com This is a weak month for Solana Solana (SOL) Price Summary & Key Facts โ June 4, 2025 ๐ Current Price & Performance Current Price: $155.04 24h Change: -2% All-Time High (ATH): $268.86 on Jan 19, 2025 Current Drop from ATH: -41.99% ๐ Technical Analysis Overview Short-Term Sentiment: Bearish 4 indicators suggest Buy 11 indicators suggest Sell RSI (14-day): 28.71 โ Oversold (potential for short-term bounce) RSI (weekly): 41.89 โ Neutral Exponential Moving Averages: Bearish โ SOL is trading below all key EMAs. ๐ง Support & Resistance Key Support: $151.76 Key Resistance: $159.88 A close above $159.88 could lead to a rise toward $168.53 A drop below $151.76 could push the price lower. ๐ Historical Trends End-of-June Performance: 4 out of 5 times, SOL ended lower than the start of June. End-of-June vs Open Performance: Only 1 out of 5 times did SOL close higher on the last day of June. Best Month Historically: September (price rose 4 out of 5 times) Worst Month Historically: June โ Summary Solana is currently in a bearish short-term trend with oversold RSI conditions, suggesting a possible near-term rebound, but resistance at $159.88 must be broken to confirm upward momentum. Historically, June is a weak month for SOL, so caution is advised. $SOL #SolanaUSTD
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South Korea's new president Lee Jae-myung wants to do three things in the cryptocurrency world GOOD NEWS FOR CRYPTO WORLD ๐ South Koreaโs new president, Lee Jae-myung, plans to boost the countryโs crypto market by promoting a Korean won stablecoin and crypto ETFs. He aims to attract young investors and strengthen financial reforms. His policies include legalizing crypto ETFs, allowing national pension funds to invest in crypto, and creating a won-backed stablecoin to reduce reliance on US dollar stablecoins like USDT. The summary of three things he would like to do - 1. Korean Won Stablecoin - Goal: Replace USD-backed stablecoins (like USDT/USDC) with a government-approved KRWโฎ stablecoin. - Why? Reduce reliance on foreign currencies and strengthen the Korean wonโs financial sovereignty. 2. Legalize Crypto ETFs (Exchange -Trded Fund) - Goal: Approve spot Bitcoin/ETH ETFs (like the U.S. and Hong Kong) for safer institutional investment. - Why? Make crypto accessible to mainstream investors with regulated products. 3. National Pension Fund Crypto Exposure - Goal: Allow South Koreaโs $884 billion pension fund to invest in Bitcoin and other crypto assets. - Why? Diversify national reserves and hedge against global economic risks. #KRW #BTC $BTC
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US steel and aluminium tariffs doubled to 50% Will it Hurt or Gain? Source BBC News US President Donald Trump has doubled taxes on steel and aluminium imports from 25% to 50%, starting Wednesday. He says this will help American steel jobs, but critics say it will hurt US businesses, make prices go up, and cost jobs in other industries. The UK was allowed to keep its old 25% tax because of trade talks with the US. Many US companies that buy foreign steel are worried. Some have stopped spending money, afraid that higher costs will make customers switch to cheaper options like plastic. The EU and Canada may fight back with their own taxes on US goods. UK steel sellers fear the new tax will stop orders, while experts say it could destroy more jobs than it saves. Small businesses already struggling say this will make things even harder. The decision has caused a lot of stress for businesses and trading partners.
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