BREAKING: Trump Labels Elon Musk a "Grifter" Over EV Tax Credits* 🇺🇸⚡️ The once-amicable relationship between President Donald Trump and Tesla CEO Elon Musk has taken a contentious turn. Amid escalating tensions over the proposed rollback of electric vehicle (EV) tax credits, Trump has reportedly referred to Musk as a "grifter," suggesting that Musk's opposition is driven by personal financial interests.
- *Trump's Accusation*: President Trump criticized Musk for his public denouncement of the "One Big Beautiful Bill," a significant tax and spending proposal that includes the elimination of the 7,500 EV tax credit. Trump accused Musk of being upset over the removal of these subsidies, implying that Musk's stance is self-serving. - *Musk's Response*: Musk countered by asserting that he was not informed about the bill's contents prior to its passage and criticized it for excessive spending and lack of transparency. He also highlighted his previous support for Trump, suggesting that his contributions were pivotal to Trump's electoral success. Tesla's stock has experienced a significant decline, dropping over 8304, falling below key technical support levels. This downturn is attributed to a combination of factors, including the public dispute between Musk and Trump, concerns over global demand, and upcoming product launches.
The public fallout between Trump and Musk underscores the complexities of aligning business interests with political agendas. The proposed elimination of EV tax credits has sparked debate over the future of the electric vehicle industry in the U.S., with potential ramifications for manufacturers, consumers, and environmental policy. *Stay tuned for further developments as this high-profile dispute continues to evolve.* $ENA ENA 0.2937 -6.28% $DYDX
$BTC Big news broke in the crypto world: Solv, the leader in the Bitcoin sector, suddenly announced its entry into the RWA field! Some may ask: What is RWA? Who is Solv? Don't rush, today I will explain it in plain language—this new track may hide the next wealth opportunity! BTC 104,956.82 -0.4% 1. Who is Solv? Why does it make headlines whenever it moves?
Simply put, Solv is an 'old player' in the Bitcoin field, specializing in Bitcoin staking, wealth management, and related services, managing over $2.3 billion in funds (known in the industry as 'total locked value'). Just like large banks in traditional finance, it has many users' trust in the crypto world; its sudden cross-industry move is like 'a bank suddenly saying it wants to open a supermarket', naturally attracting attention.
2. Here comes the key point: What is RWA?
RWA is about turning real-world assets into virtual coins for trading. For example:
- A house → turns into 'house coin'; an ordinary person can spend 100 yuan to buy 1 share, owning a part of the house's rights; - Treasury bonds, stocks, gold → can all be 'on-chain' turned into virtual coins, traded anytime, with a very low threshold!
Core Benefits:
1. Breaking traditional investment barriers: Previously, buying treasury bonds required hundreds of thousands; now you can buy 'treasury bond coins' for just 10 yuan; 2. Transactions are as fast as sending messages: Traditional asset trading may take days, while RWA coins can arrive in minutes; 3. Dual returns from the crypto world + real assets: For example, if you buy 'gold coins', you earn from rising gold prices, and if the coin price rises, you can earn again!
3. How does Solv play with RWA? What benefits can ordinary people gain?
Solv has pulled a big move this time: launching SolvBTC.AVAX, what is this? Simply put: It is 'Bitcoin with interest'!
- Holding this coin is equivalent to simultaneously owning Bitcoin (enjoying price fluctuations) while also receiving returns from real assets such as US Treasury bonds and private credit (similar to 'financial interest'). - For example: Bitcoin used to be like 'dead money', now it has turned into 'a chicken that lays eggs', waiting for the coin price to rise while earning interest!
How is this achieved.
1. First, convert assets like US Treasury bonds into stablecoins (called deUSD), similar to exchanging treasury bonds for 'digital cash'; 2. Then put these stablecoins into lending platforms, lending them out to earn interest; 3. Finally, distribute the earned interest to those holding SolvBTC.AVAX. In a nutshell: Solv helps you use Bitcoin funds to invest in stable real-world assets, and the profits are shared with you!
4. What are the benefits of getting into RWA now?
To promote this new coin, Solv has launched a triple reward scheme:
1. Basic returns: Holding allows you to earn interest from real assets (such as treasury bond returns); 2. AVAX token rewards: An additional coin (AVAX) as a 'dividend'; 3. Point rewards: Can be exchanged for other benefits on the Solv platform in the future, similar to 'membership points'. It's like a buy one, get three offer, much more cost-effective than simply hoarding coins!
5. How will RWA develop in the future? What should ordinary people do?
In fact, RWA is no longer a niche concept:
- The global RWA market size exceeds $22 billion, with financial giants like BlackRock also getting involved; - In the future, even your salary, mortgage, and intellectual property may all be turned into virtual coins for trading!
1. Pay attention to moves by leading companies like Solv: Large companies entering the market usually indicate that the industry is about to explode, follow to understand the trend; 2. First, understand the logic of RWA: Don't just focus on Bitcoin's ups and downs, think about what new opportunities arise when real assets 'go on-chain' (for example, if the house in your neighborhood turns into a coin, would you want to buy it?).
The crypto world is never short of new concepts, but RWA might be one of the closest to reality. When virtual coins are no longer just 'traded back and forth', but can connect to houses, stocks, and treasury bonds, their value becomes more solid. Solv's cross-industry move this time may just be the beginning; in the coming years, RWA may overturn your understanding of 'investment'. If you want to catch up, spend 10 minutes researching RWA now; the next windfall might just be here.
$BTC BITCOIN remains above 100 thousand dollars against all odds, despite the selling pressure it recently endured, the drop in its 24-hour volume to less than 36 billion dollars, BITCOIN does not correct. Some may say that its rapid visit to 103 thousand dollars can be defined as a correction, and of course it is, but not the expected one. All markets must correct; it is necessary to allow entry for the liquidity needed for the asset to gain momentum towards new highs. We can see how unpredictable an asset like BITCOIN has become; obviously, there are institutions within the ecosystem of the most powerful currency on the planet that represent even countries, and that increasingly forces the asset to seek price stability. At some point, BITCOIN will say goodbye forever to the two digits; perhaps it has already done so, and we will never see it again at 90 thousand dollars, although countless people and investors still expect it to drop. Last week, the number of short positions was terrifying, as if the entire universe aimed to bring down the price of bitcoin, but it didn't happen. With the arrival of June, the hope of the bears multiplies; June has been red for the last 8 years. Why should the ninth be different? Because it can be, and that's it. No one right now can determine with certainty if BITCOIN will rise to 114 thousand dollars; these are just assumptions. The variables of BITCOIN, such as the influx of money in the last five days, the sales exceeding the purchases, tell another story. This is what has confused many who try to make predictions as if it were a guessing game. As for ALTCOINS, if BITCOIN rises to 114 thousand dollars, obviously the ALTCOINS will also rise, and in that dilemma, you either lose or make money; buy and then see a correction of BITCOIN that sinks the ALTCOINS to the floor, losing what was gained. $BTC #TrumpMediaBitcoinTreasury
📢 XRP Holders: Ripple CEO Drops a BOMBSHELL in Las Vegas! 🔥 🚨 MAJOR ALERT for $XRP Holders! At the XRP Las Vegas event, Ripple CEO Brad Garlinghouse made waves with a bold declaration that could redefine the future of finance: > "We're rewriting the entire banking system!" – Brad Garlinghouse This isn’t hype—it’s a blueprint for global financial transformation. Ripple is no longer just a crypto project. It’s leading the charge to replace outdated banking systems with sleek, scalable blockchain infrastructure. --- 🔗 Ripple’s Vision: Beyond Crypto Rivalry Ripple isn’t aiming to compete—it’s aiming to unite. Garlinghouse made it clear: 🤝 “XRP and BTC can rise together—unity over rivalry.” 💹 Ripple’s On-Demand Liquidity (ODL) is tearing down the old wires of cross-border transactions. 💡 Say goodbye to sluggish SWIFT transfers. Say hello to instant, secure blockchain payments. --- 💰 What’s Coming for $XRP ? ✅ Stablecoin integration ✅ Cross-border payment dominance ✅ Global banking partnerships ✅ Massive institutional adoption Ripple isn’t playing short-term games—this is a 20-year revolution in motion. > “This isn’t a 1-year plan—it’s a multi-decade roadmap to reshape global finance.” --- 💥 Market Insight With $XRP still trading below its all-time highs, this could be the ultimate early-entry opportunity. 📉 Don’t let current prices fool you. Undervaluation = opportunity. 🧠 Smart investors are quietly accumulating—are you watching from the sidelines? --- 🚨 Final Word: Don’t Sleep on This As the world slowly wakes up to what Ripple is building, the window for early movers may slam shut. 🔍 DYOR — always do your own research before investing. This post is not financial advice, but if Garlinghouse is right, missing out now could mean missing out forever. #XRPNews #CryptoRevolution #Ripple #BradGarlinghouse #ODL #BinanceSquare #Bitcoin #BankingReform $XRP #Ripple