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Elon Musk Blasts Social Security as ‘Ponzi Scheme,’ Drawing Democratic Criticism

Elon Musk called Social Security a “Ponzi scheme” during a podcast with Joe Rogan, sparking backlash from Democrats. He also likened the federal government to a “pyramid scheme” while pushing for bureaucratic cuts as a key Trump adviser. Social Security, a New Deal-era program, funds retirees and others through payroll taxes.

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Purchase any Star Pack for $49.99 (promo or regular).

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Date: April 30

Time: 7:30 PM (GMT+4)

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With gold prices hitting new highs, many Bitcoin enthusiasts are exploring ways to gain exposure to the precious metal—but they’re running into challenges.

While physical gold is readily available as jewelry, coins, and bars, industry insiders often raise concerns around issues like quality assurance, limited liquidity when selling, and the premiums charged above spot prices.

Nevertheless, gold supporters argue that purchasing gold is still more straightforward than buying Bitcoin, which requires navigating private key management and a steep learning curve for crypto newcomers.

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Bitcoin (BTCUSD) dropped below the $86,200 and $85,500 support levels, reaching a low of $83,171 before rebounding. It has since recovered above the 50% Fibonacci retracement level of the recent downtrend.

In Arizona, SB 1025 authorizes the state to allocate up to 10% of its treasury funds into Bitcoin. Meanwhile, SB 1373 allows for up to 10% of seized digital assets to be reinvested.

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As of April 18, 2025, Bitcoin (BTC) is trading at approximately $84,562, reflecting a modest intraday change of +0.29%.

Bitcoin (BTC)

$84,562.00

+$240.00(+0.28%)Today

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📈 Bitcoin Price Predictions for 2025

Forecasts for Bitcoin's price by the end of 2025 vary widely, influenced by factors such as institutional adoption, regulatory developments, and macroeconomic conditions:​

$150,000–$200,000: Analysts like Gareth Soloway and Pantera Capital anticipate Bitcoin reaching this range, driven by increased institutional interest and the effects of the 2024 halving event. ​Coinpedia Fintech News+1Binance+1

$250,000: Figures such as Tom Lee (Fundstrat), Anthony Pompliano, and Standard Chartered have projected this higher target, citing factors like favorable monetary policies and growing adoption. ​Crypto Data Space

$275,000: Some experts, including Joseph Raczynski, suggest this figure, emphasizing the alignment of favorable regulatory clarity, institutional adoption, and strategic reserves. ​finder.com

$500,000: Chamath Palihapitiya has made this bold prediction, highlighting the potential for significant institutional and retail demand. ​Crypto Data Space

🔮 Long-Term Outlook (2030 and Beyond)

Looking further ahead, projections for Bitcoin's price in 2030 range from $405,000 to over $3 million, depending on factors like global adoption, inflation hedging, and the evolution of financial systems. ​Coin Surges

⚠️ Important Considerations

Volatility: Bitcoin's price is highly volatile and can experience significant fluctuations.​

Regulatory Environment: Changes in regulations, especially in major markets like the U.S., can impact Bitcoin's price.​

Market Sentiment: Investor sentiment, influenced by economic conditions and technological developments, plays a crucial role in price movements.​

Technological Developments: Advancements in blockchain technology and the adoption of Bitcoin by institutions and governments can drive demand and affect prices.​
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Sure! Here's a rewritten version of the article with a fresh tone while keeping the key information intact:

Trump Stands by Tariffs as Markets Reel: ‘Sometimes You Have to Take Medicine’

As Wall Street braces for deeper losses, President Donald Trump defended his sweeping new tariffs Sunday night, comparing the economic jolt to necessary treatment. “Sometimes you have to take medicine to fix something,” he told reporters.

The comments came amid a sharp downturn in U.S. stock futures, with Dow Jones Industrial Average futures plunging nearly 1,000 points, signaling another rough session ahead when markets open Monday.

Speaking aboard Air Force One while returning from his Mar-a-Lago estate in Florida, Trump acknowledged the market uncertainty but remained optimistic. “What’s going to happen with the market? I can’t tell you,” he said. “But I can tell you, our country has gotten a lot stronger, and eventually, it’ll be a country like no other.”

Since unveiling higher-than-expected tariffs on all imports last Wednesday, markets have taken a steep dive. The Dow has dropped 9.2%, the S&P 500 is down 10.5%, and the Nasdaq has fallen 11.4% — marking the worst slide since the early days of the COVID-19 pandemic.

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