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Elon Musk had been relatively silent regarding President Trump's decision on tariffs, but he has now shared his thoughts. He expressed optimism that the United States and Europe will make strides toward completely eliminating trade tariffs in the future.
"I hope that both Europe and the United States will agree, and ideally, in my view, move toward a zero-tariff situation, essentially creating a free trade area between Europe and North America."
Some critics have raised concerns about Elon Musk's potential conflict of interest, given that Tesla is impacted by tariffs while still relying on imports for components needed to manufacture its cars. While this point may hold some validity, it’s important to highlight that Elon has consistently advocated for free trade, a stance he has maintained since 2020.
"I hope that both Europe and the United States will agree, and ideally, in my view, move toward a zero-tariff situation, essentially creating a free trade area between Europe and North America."
Some critics have raised concerns about Elon Musk's potential conflict of interest, given that Tesla is impacted by tariffs while still relying on imports for components needed to manufacture its cars. While this point may hold some validity, it’s important to highlight that Elon has consistently advocated for free trade, a stance he has maintained since 2020.
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🇫🇷 France has experienced another kidnapping related to #cryptocurrency. On Tuesday, a 23-year-old from Maisons-Alfort was abducted. The individual was released only after their partner met the kidnappers' demands, which included handing over €5,000 in cash and a Ledger wallet that is believed to contain an unspecified amount of cryptocurrency.
🇺🇸 The Trump family has decreased its ownership in World Liberty Financial from 60% to 40%. Based on comparable market valuations, this transaction may have netted them approximately $190 million, with about $135 million likely going to Donald Trump.
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🇧🇷 Brazil's #Bitcoin Reserve Bill 4501/2023, which proposes the creation of "RESBiT," has successfully passed its first committee. This bill aims to allocate up to 5% of the country's foreign exchange reserves to Bitcoin. If it is enacted, Brazil would become the second country in Latin America, following El Salvador, to establish a legal reserve of $BTC
#Purpose Investments is poised to introduce the Purpose #XRP ETF on the Toronto Stock Exchange this Wednesday, June 18, following the final regulatory approval from the Ontario Securities Commission (OSC). $XRP
🇺🇸 According to Jeff Park from #Bitwise, for younger investors today, owning 1 #BTC has become the new American Dream. $BTC
Saylor: Our business strategy revolves completely around #Bitcoin. It's here to stay, now and always. $BTC
🇯🇵 Japanese fashion brand #ANAP Holdings has boosted its #Bitcoin holdings by an impressive 50.56 #BTC over just two days, bringing its total to 153.4627 $BTC
- Elon Musk's apology follows a heated public feud with Donald Trump, sparked by Musk's unsupported claim on June 5, 2025, that Trump appeared in Jeffrey Epstein's unreleased files, a statement lacking evidence per The Washington Post, yet echoing known past associations documented in a 1997 Mar-a-Lago photo.
- The retraction comes amid economic tension, with Trump's threat to cut $150 billion in SpaceX contracts after Musk opposed his $2.4 trillion tax-cut bill, as reported by Reuters, highlighting a rare clash between two influential figures whose alliance had previously shaped the 2024 election.
- Psychological studies, such as those in the Journal of Personality and Social Psychology (2019), suggest public apologies like Musk's can signal accountability but may also reflect strategic damage control under pressure, a dynamic intensified by the real-time scrutiny of 220 million X followers.
- The retraction comes amid economic tension, with Trump's threat to cut $150 billion in SpaceX contracts after Musk opposed his $2.4 trillion tax-cut bill, as reported by Reuters, highlighting a rare clash between two influential figures whose alliance had previously shaped the 2024 election.
- Psychological studies, such as those in the Journal of Personality and Social Psychology (2019), suggest public apologies like Musk's can signal accountability but may also reflect strategic damage control under pressure, a dynamic intensified by the real-time scrutiny of 220 million X followers.
Eric and Donald #Trump Jr.-backed American Bitcoin has discreetly gathered 215 $BTC, valued at over $23 million, since its launch in April, all in preparation for its upcoming public merger.
Over 60 companies are adopting Michael Saylor's #Bitcoin treasury strategy, believing that it can enhance their stock performance, according to the Wall Street Journal.$BTC
🇮🇳 India’s central bank continues to exercise caution towards #crypto, pointing to concerns related to policy and stability risks.
🇺🇸 President #Trump says his relationship with #Elon Musk is over.
🇺🇸 President #Trump has stated that he is unconcerned about Elon Musk taking a stance against him.
"If the bill doesn't pass, there will be a 68% tax increase."
"If the bill doesn't pass, there will be a 68% tax increase."
🇺🇸 Initial jobless claims: 247,000 | Forecast: 236,000 | Previous: 239,000
Number of people continuing to receive unemployment benefits: 1.904 million | Forecast: 1.910 million | Previous: 1.907 million
Number of people continuing to receive unemployment benefits: 1.904 million | Forecast: 1.910 million | Previous: 1.907 million
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🇬🇧 The #Blockchain Group is set to hold its Annual General Meeting on June 10, 2025. During this meeting, they will seek approval from shareholders to raise €10 billion aimed at speeding up their #Bitcoin treasury strategy. $BTC
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