Elon Musk Warns US on Brink of Bankruptcy—Says He Can’t Take It Anymore
Elon Musk has vehemently criticized the recent Congressional spending bill, dubbing it a "disgusting abomination." He expressed his outrage on X, stating he "can't stand it anymore" and condemning the "massive, outrageous, pork-filled" nature of the legislation. Musk directly chastised those who voted for the bill, asserting they "know they did wrong." His strong remarks target the "One Big Beautiful Bill Act," a comprehensive tax and spending package backed by President Donald Trump, which has passed the House and is awaiting Senate approval. The Committee for a Responsible Federal Budget projects that this bill will inflate primary deficits by $2.5 trillion over the next decade, escalating to $3.1 trillion with interest. If temporary measures, such as the expanded child tax credit and tax exemptions on tips and overtime, become permanent, the total debt increase could hit $5.1 trillion, including interest. Musk further warned that the bill "will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden American citizens with crushingly unsustainable debt," ultimately declaring that "Congress is making America bankrupt." Musk, who formerly headed the Department of Government Efficiency (DOGE), has consistently raised alarms about fiscal mismanagement. He recently concluded his role as a special government employee, acknowledging President Trump and confirming that DOGE's mission would persist internally. His comments have intensified the ongoing debate about federal spending. White House Press Secretary Karoline Leavitt, however, has defended the bill, arguing its necessity for maintaining tax relief and supporting national objectives. Musk's concerns are echoed by others, including Senator Rand Paul, who posted on X, "I agree with Elon. We have both seen the massive waste in government spending and we know another $5 trillion in debt is a huge mistake. We can and must do better." #BTC #ETH #TON #BNB
10 Coins Under $1 That Could Explode 1000X by 2025!💲💲
Top Cryptos Under $1 with 1000x Potential by 2025 Looking for cryptocurrencies under $1 that could see explosive growth? Here are ten contenders with significant potential: * Cardano ($ADA ): $0.91 A leading smart contract platform, Cardano is backed by continuous development and led by Charles Hoskinson, positioning it for substantial expansion. * Shiba Inu ($SHIB): $0.00002238 Evolving beyond its meme coin origins, Shiba Inu is building out its utility with Shibarium and other ecosystem developments that could propel it to new heights. * Hedera ($HBAR): $0.29 An enterprise-grade blockchain, Hedera offers energy-efficient transactions, making it an attractive option for corporate adoption. * VeChain (VET): $0.02 VeChain is revolutionizing supply chain management through strategic partnerships across major industries. * Chiliz (CHZ): $0.12 Chiliz is at the forefront of fan engagement, leveraging partnerships in the sports and entertainment sectors. * Dogecoin ($DOGE): $0.07 The original meme coin, Dogecoin continues to hold significant influence, buoyed by Elon Musk's support and increasing payment integrations. * Polygon (MATIC): Under $1 Polygon is a vital Ethereum scaling solution, working with tech giants to bring Web3 technology to a broader audience. * Tron (TRX): $0.08 Tron is focused on decentralizing the web and has made considerable strides in the DeFi and NFT spaces. * Stellar (XLM): $0.11 Stellar facilitates low-cost, rapid cross-border payments, collaborating with global financial institutions. * Basic Attention Token (BAT): $0.19 Basic Attention Token is transforming digital advertising with its privacy-focused rewards system on the Brave browser. $XLM $TRX $ADA
Pi Network Users Weigh In on Global Mainnet Launch – Here's What They Really Think
1. “Yes, But Where’s the Roadmap?” — $ETH ETH: $2,600.28 (-0.67%) While the anticipation around a global Mainnet launch is high, many community members are calling for more transparency. The most common demand? A detailed and public roadmap. CryptoCadet7 voiced the frustration: “Enough with the mystery. We need transparency—not vague promises.” Similarly, MinaPiNode, who has been operating a node for over a year, said they feel “left in the dark.” For many, the excitement is being tempered by a lack of clear, structured updates from the core team. --- 2. Node Operators Feel Overlooked Node operators—once considered the project’s backbone—now feel sidelined. “Thousands of us are ensuring uptime and securing the network, but there’s still no clear role for us post-Mainnet,” said Jahlil_0xPi. There’s growing unease that early contributors could be forgotten in favor of scaling and profit once the Mainnet goes live. BTC: $105,415.10 (-0.84%) --- 3. Concerns Over Centralized Control Despite decentralization being a founding principle of the Pi project, some users are questioning its authenticity. “The foundation still holds all the keys,” argued CryptoChai88. “How can this be called decentralized?” Others have echoed the sentiment, noting that decision-making still appears to be centralized and top-down—raising red flags for the network’s long-term credibility. --- 4. Hype Around Mainnet Remains Strong Despite skepticism, the anticipation surrounding the Mainnet launch is still very much alive. “This is what we’ve been waiting for,” said RachelMinesPi. “Global Mainnet means real utility.” Loopminer23 added: “It’s finally happening. Pi will prove the doubters wrong.” The buzz is real—emojis, fireworks, and countdowns flooded social platforms. BNB: $662.60 (-1.02%) --- 5. Real-World Utility: The True Test One recurring question remains: “Will Pi be usable in everyday life?” Some users pointed to pilot programs and merchant trials as encouraging signs, while others remain cautious. “We don’t need just hype or exchange listings,” said ThinkOrPi. “If I still can’t buy a cup of coffee with Pi after Mainnet, then what’s the point?” The consensus? Real-world adoption—not just going live or being listed—is what will define the network’s true success. #BinanceAlphaAlert #MyCOSTrade
#MarketPullback The cryptocurrency market has experienced notable volatility recently, influenced by a combination of macroeconomic factors, regulatory developments, and internal challenges within key blockchain platforms.
Market Overview
As of March 28, 2025, Bitcoin (BTC) is trading around $87,735, reflecting a 6.7% relief rally over the past five days. Despite this uptick, BTC remains 6.1% lower on a year-to-date basis. Ethereum (ETH) has seen a significant decline, plummeting 40% over the past three months, indicating underperformance compared to other major tokens like Bitcoin, Solana, and Cardano.
Factors Contributing to the Pullback
1. Macroeconomic Uncertainty: President Donald Trump's announcement of harsher-than-expected car tariffs has heightened market volatility, impacting investor sentiment. Cryptocurrencies, often viewed as risk assets, have reacted negatively to these developments.
2. Regulatory Actions: Galaxy Digital's $200 million settlement over allegations of manipulating the Luna cryptocurrency has added to market apprehensions. Such regulatory scrutiny underscores the challenges facing the crypto industry and can influence investor confidence.
3. Internal Challenges within Ethereum: Ethereum is facing what some describe as a "midlife crisis," marked by growing competition from rival cryptocurrencies and internal conflicts leading to delays in technical upgrades. These issues have contributed to Ether's price decline and investor disillusionment.
Investor Sentiment and Future Outlook
Betting markets suggest that Bitcoin may have peaked for the year, with a 61% chance of reaching $110,000 but little confidence beyond that mark. The odds of Bitcoin hitting $150,000 or $200,000 in 2025 are 29% and 14%, respectively. This cautious outlook reflects broader economic concerns, including potential recession and inflation.
However, some analysts remain optimistic, citing potential supportive regulatory policies and the possibility of Bitcoin reaching new highs by year-end.