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#TrumpVsMusk Trump to Sell His Tesla, White House Says, as Feud With Musk Carries Risks for Both Men Their blowup leaves President Trump with an ex-ally who could undermine him politically and Elon Musk facing the possible loss of billions in government contracts. President Trump is getting rid of his Tesla and has no plans to call Elon Musk, two Trump administration officials said on Friday, as the acrimonious blowup of their partnership left both men — who lobbed online insults and threats at each other on Thursday — with a lot at risk. A White House official who spoke on condition of anonymity because the person wasn’t authorized to speak publicly said Friday that the president planned to sell the red Tesla he said he bought in March. Mr. Trump originally purchased the car to demonstrate his support for Mr. Musk amid a backlash over his role in the administration. Administration officials said Mr. Trump showed little interest in engaging with Mr. Musk, even after the billionaire signaled he would be open to de-escalating the fight. Late Thursday, Mr. Musk backed off a threat to “immediately” decommission SpaceX’s Dragon spacecraft, which transports NASA astronauts and supplies to and from the International Space Station. A short time later, when Bill Ackman, the hedge-fund billionaire, posted on social media that the two men “should make peace for the benefit of our great country,” Mr. Musk responded, “You’re not wrong.” For Mr. Musk, a prolonged feud with Mr. Trump could be hugely expensive. His companies, including SpaceX, have benefited from billions of dollars in government contracts and were positioned to receive billions more. Mr. Trump threatened on Thursday to end those contracts. The feud is risky for Mr. Trump as well. Mr. Musk, the world’s richest person, who spent about $275 million to help elect Mr. Trump in 2024, had promised to give $100 million to groups controlled by the president’s team before the 2026 midterms. Those funds have yet to be delivered and are now very much in doubt.
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For the sixth topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #CryptoSecurity101 Security is paramount in Web3. Knowing how to store assets safely, protect private keys, and navigate wallets is essential for long-term participation in crypto. 💬 Your post can include: · Compare hot and cold wallets. Do you use hot wallets, cold wallets, or a mix of both? Why? · How do you manage and secure your crypto assets? · Share best practices that helps others stay SAFU. 👉 Create a post with #CryptoSecurity101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
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For the fifth topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #TradingPairs101 Choosing the right trading pairs is crucial for executing a successful trading strategy. Understanding how base and quote assets affect your trades can help you make better decisions. 💬 Your post can include: · How do trading pairs work (base vs quote)? · Do you trade more in stablecoin or crypto-denominated pairs? Why? · How do you choose the right pair for your trade? · Share an example of how the right pair helped or hurt your trade. 👉 Create a post with #TradingPairs101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
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For the fourth topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #Liquidity101 Liquidity plays a major role in how smoothly trades are executed. Low liquidity can lead to slippage, poor pricing, or even failed trades — especially during volatile market conditions. 💬 Your post can include: · What is liquidity and how does it affect price execution? · How do you evaluate liquidity before entering a position? · What strategies do you use to reduce slippage? 👉 Create a post with #Liquidity101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
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$BTC According to the Elliott wave analysis, Bitcoin (BTC) is currently in a corrective phase after completing a bullish impulsive wave. This correction could be forming an ABC structure, where wave A marked the first retracement, wave B a partial bounce, and wave C could still extend further down. The analysis suggests that, after the correction ends, BTC could initiate a new impulsive sequence (wave 1 of a new cycle). To confirm the trend change, a structural break with volume and bullish divergences in indicators such as the RSI and MACD should be observed.
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