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Musk said that Starlink will fully serve Indians and has obtained a commercial operation license
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Trump Claims "Department of Government Efficiency (DOGE)" Will Focus on Musk to Cut Costs Former President Donald Trump recently stated that a "Department of Government Efficiency (DOGE)" would monitor Elon Musk to save taxpayer money, dismissing Musk’s past criticisms of tax policies. The term "DOGE" appears to be a playful nod to Dogecoin, the meme cryptocurrency Musk has frequently promoted. Trump’s remarks suggest leveraging Musk’s cost-cutting expertise—seen in SpaceX and Tesla—to streamline government spending. By referencing Musk, Trump likely aims to reinforce his pro-business agenda while capitalizing on the tech billionaire’s public influence. However, no such federal department exists, and creating one would require congressional approval. This statement seems more like a political stunt, blending Trump’s fiscal rhetoric with internet culture. If re-elected, he may push for public-private partnerships, though concrete policy steps remain uncertain. The comment highlights Trump’s continued focus on privatization and efficiency, albeit with a humorous twist #TRUMP
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The United States will launch its first collateralized cryptocurrency ETF, causing Solana (SOL) to soar The United States will launch its first staking cryptocurrency ETF this Wednesday, allowing investors to gain exposure to Solana (SOL) while receiving staking rewards. REX Shares confirms the upcoming product, marking a milestone in the adoption of cryptocurrency institutions. The REX Osprey fund will provide SOL spot holding and staking returns, which may attract long-term investors seeking passive income. According to reports, the US Securities and Exchange Commission has given positive feedback on its C-Corp structure, which may simplify regulatory approval. After the news came out, Solana's price rose by 6% to around $158, expanding its weekly increase to over 12%. SOL has a market value of $83.5 billion and is currently the sixth largest cryptocurrency. Analysts believe that this ETF may trigger a "counterfeit coin season" and boost broader market sentiment. In addition, Solana's dominant position in decentralized exchange (DEX) trading volume, surpassing Ethereum, further strengthens its position as a leading blockchain adopted by institutions and retail. #EFT #DEX
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Market analyst Jordi Visser has highlighted a growing trend among young adults (25 and under) whose disenchantment with traditional capitalism is becoming a key driver for Bitcoin’s long-term value. In a recent interview on Anthony Pompliano’s podcast, Visser explained that economic instability, AI disruption, and demands for expanded welfare are reshaping financial attitudes—with Bitcoin emerging as a hedge against systemic flaws. Key Insights Monetary Policy Distrust: As governments ramp up money printing to fund social programs, younger generations increasingly view Bitcoin as inflation-proof “digital gold.” Visser notes: “The angrier people get, the more money gets printed—and the harder it becomes to suppress Bitcoin’s price.” AI & Labor Market Shifts: Within five years, AI and robotics could displace millions of jobs, accelerating calls for universal basic income (UBI) and further straining fiat systems—making decentralized assets more appealing. Political & Financial Reckoning: The push for wealth redistribution reflects deeper skepticism of capitalism’s fairness, positioning Bitcoin as both a protest asset and a structural alternative. Why It Matters This generational shift suggests Bitcoin’s demand will grow beyond speculative investment into a societal safeguard against currency debasement and centralized control. As automation reshapes economies, crypto’s role as a non-political store of value could redefine global finance.
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Grayscale Updates Q3 2025 Top 20 Crypto List: AVAX & MORPHO In, LDO & OP Out Grayscale Investments, a leading digital asset manager, has revised its Top 20 Crypto Assets list for Q3 2025, adding Avalanche (AVAX) and Morpho (MORPHO) while removing Lido DAO (LDO) and Optimism (OP)136. This reshuffle reflects shifting institutional priorities toward high-growth blockchain ecosystems and DeFi innovation, while phasing out assets facing competitive or structural challenges. Key Changes & Rationale AVAX Added – Recognized for its high-performance blockchain, Avalanche has seen surging adoption in GameFi, enterprise solutions, and RWA tokenization, with C-Chain transactions jumping from 250K to 1.2M post-Etna upgrade24. MORPHO Added – The DeFi lending protocol has gained traction with $4B+ TVL and integration into Coinbase, positioning it as a leader in institutional DeFi adoption49. LDO Removed – Facing centralization concerns and rising competition in liquid staking post-Ethereum’s Shanghai upgrade26. OP Removed – Despite its Layer 2 scaling role, Optimism struggles with weak token value capture and governance centralization57. Market Implications Institutional Shift: Grayscale’s moves signal a preference for real-world utility (AVAX) and DeFi institutionalization (MORPHO) over speculative narratives49. Regulatory Influence: The removal of LDO highlights growing scrutiny on staking centralization, while Morpho’s inclusion underscores compliant DeFi growth27. This update reinforces crypto’s maturation, where adoption, revenue, and scalability now drive institutional capital flows more than hype cycles39.
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Happy birthday, Mr. Musk, the master of Tesla!
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