Musk Explores $5,000 DOGE-Funded Stimulus Checks Proposal
Elon Musk signals openness to discuss a plan with President Trump about distributing $5,000 checks to American taxpayers using government efficiency savings. The unprecedented proposal would tap into the Department of Government Efficiency's projected $2 trillion in cost reductions.
Lawmaker Slams Trump and Musk Over Crypto Consumer Protection Concerns
A Democratic congresswoman criticizes Trump's meme coin venture and Musk's DOGE influence during a House hearing, highlighting cryptocurrency scams and weakened consumer protections. The debate intensifies between advocates of stricter regulation and those favoring reduced oversight.
Bitcoin Reserve Plan Emerges as Musk Sounds Alarm on U.S. Debt Crisis
Elon Musk expresses grave concerns over America's spiraling $36 trillion debt, while the Trump administration explores establishing a national Bitcoin reserve. The initiatives include a new Doge-inspired department led by Musk that has reportedly generated $100 billion in savings.
Musk's DOGE Department Gains Access to U.S. Treasury Systems for Blockchain Implementation
Elon Musk's newly formed Department of Government Efficiency (DOGE) receives unprecedented access to U.S. Treasury payment systems to implement blockchain solutions for federal spending tracking. The controversial move aims to streamline operations and reduce annual expenditures by $1 trillion by 2026.
Viral Memecoin Launch Drives Pump.fun to Record-Breaking $15M Daily Revenue
Solana-based platform Pump.fun hit a new milestone with $15.38M in single-day fees, driven by the viral launch of Vine Coin backed by the app's co-founder. The platform's meteoric rise includes processing $4B in recent trading volume despite growing competition and regulatory scrutiny.
Bitwise Pursues Dogecoin ETF as Musk's Department Distances from DOGE
Asset manager Bitwise prepares for a potential Dogecoin ETF filing with the SEC, while REX Shares pursues similar crypto investment vehicles. Meanwhile, Elon Musk's Department of Government Efficiency removes Dogecoin imagery amid price volatility and legal challenges.
Ethereum's Buterin Calls for Civility in Musk's H1B Visa Debate
Ethereum co-founder Vitalik Buterin urges restraint as Elon Musk's heated stance on H1B visas sparks platform controversy. The debate intensifies amid reports of users losing X premium features after criticizing Musk's position, raising concerns about censorship and discourse control.
Tesla Resumes Bitcoin Payments as Mining Goes Green
Tesla announces the return of Bitcoin payments for vehicle purchases as cryptocurrency mining surpasses 50% renewable energy usage. The milestone decision follows Elon Musk's previous suspension of Bitcoin transactions and reflects the industry's shift toward sustainable practices.
Elon Musk's Frog Avatar Triggers 6% Surge in Pepe Cryptocurrency
The meme cryptocurrency Pepe (PEPE) defied market trends with a 6% price increase after Elon Musk changed his X profile picture to a frog in Roman armor. The surge pushed PEPE's market cap above $8 billion, reinforcing its position as the third-largest meme cryptocurrency.
Elon Musk's Wealth Surpasses Combined Value of Major Crypto Players
Tech titan Elon Musk's net worth has skyrocketed to $439.2 billion, surpassing the combined market value of Tether, Solana, and XRP cryptocurrencies. His fortune, driven by Tesla's stock surge and SpaceX's rising valuation, now stands close to Ethereum's market cap.