Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»TRADING NEWS»Elon Musk announces that his “American Party” will accept Bitcoin and criticizes Trump’s financial bill.
TRADING NEWS

Elon Musk announces that his “American Party” will accept Bitcoin and criticizes Trump’s financial bill.

By Crypto FlexsJuly 7, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Elon Musk announces that his “American Party” will accept Bitcoin and criticizes Trump’s financial bill.
Share
Facebook Twitter LinkedIn Pinterest Email

ELON Musk, founder of Tesla and SpaceX, stated that his early political movement, the US Party, will accept Bitcoin, and the traditional currency call is “no hope.”

The announcement, produced in Social Media Platform X, comes mainly as the administration’s fiscal policy intensifies between Musk and President Donald Trump.

MUSK’s plan to form “US Party” seems to have been promoted by strong opposition to President Trump’s large -scale tax and expenditure packages.

Musk criticized the law that the law was financially irresponsible at the time when the bill labeled the “Debt Slave Act.”

This disagreement has caused an irreversible break between two influential characters.

The American Party has not yet been officially registered and lacks official websites, while Musk briefly explained the core ideology using supporters’ posts and retweets.

He generally adopted a central policy on other issues and envisioned a party who advocated a speech and anti -regulatory agenda without a pro -tech, a pro -pro.

MUSK, a long -time supporter of Cryptocurrencies, where Companies SpaceX and Tesla have BTC (Bitcoin) (BTC) in the Treasury Department, see digital assets as the core of this new political vision.

Musk showed X that the party, which was officially established, would not immediately wield the presidential candidate.

Instead, the initial focus will focus on the competition of the house and the Senate’s race with the goal of building a political foothold from the beginning.

President Trump was not kind to Musk’s political maneuverability from his standpoint.

On Sunday evening, in the truth social posts in the United States, Trump reappeared, saying that musk was “out of the rail” and became “train shipwreck.”

The encryption market reacts to easing trade tension

During this political drama, the wider cryptocurrency market experienced a lift on Sunday morning.

Major cryptocurrency rose after the US Treasury Secretary Scott Bessent suggested the possibility of the end of trade transactions before the “Liberation Day” tariff deadline on July 9.

Bitcoin, a major cryptocurrency based on market value, accounted for more than 1%and exceeded $ 109,000.

According to Coindesk’s data, other major tokens have risen more than 2%of pay -centered XRP and Solana’s SOL tokens, while the popular Mime Token Dogecoin (Doge) has risen by 3%.

The second largest token in Ether Leeum’s ether (ETH) rose to 1.5%to $ 2,550.

The customs clock is ticking

In an interview with CNN, Bessent Treasury Minister said that the United States is close to finishing various trade transactions before the end of July 9.

This is expected to expire temporary suspension of high tariffs first announced on April 2.

“Trump said,” President Trump said he would send a letter to some trading partners and return to the tariff level on April 2.

He said July 9 remains the deadline for negotiations. If you do not reach a transaction, the high tariffs announced in early April will take effect on August 1.

Bessent told CNN, “If we say that this is happening, if you want to speed up, if you want to go back to the existing fare, that’s your choice.

This compulsory tactic, which imposes tariffs to reinforce trade relations and reduce US trade deficits, was the central pillar of President Donald Trump’s economic policy earlier this year.



Share this article

Category

Tag

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

LayerBTC starts $ LBTC ICO to power the new Bitcoin Layer 2 for Apps and Defi.

July 30, 2025

Floki registers an Micar compatible white paper with ESMA.

July 29, 2025

Rome Storm finds $ 1.5 million in donations, with a tornado cash test in three weeks.

July 28, 2025
Add A Comment

Comments are closed.

Recent Posts

LayerBTC starts $ LBTC ICO to power the new Bitcoin Layer 2 for Apps and Defi.

July 30, 2025

Asia Morning Briefing: SEC’s in -kind BTC, ETH ETF reduction shift occurred in Hong Kong a few years ago.

July 30, 2025

XRP Open Interests decrease by $ 2.4B after recent sale

July 30, 2025

Is it really possible to sell Memecoins?

July 29, 2025

Encryption Inheritance Update: July 2025

July 29, 2025

Charting the Course for the Future of Decentralized Platforms

July 29, 2025

Blockchain For Good Alliance Leads Global Digital Cooperation At UN IGF 2025

July 29, 2025

Queens Park Rangers And TokenFi Announces New Partnership

July 29, 2025

Onchain AI Agents Go Live With USDC & Coinbase X402

July 29, 2025

DeepSnitch Introduces Five Specialized AI Agents As Token Presale Goes Live

July 29, 2025

PowerBank’s 3.79 MW Geddes Solar Project Goes Live, Powering New Bitcoin Treasury Strategy

July 29, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

LayerBTC starts $ LBTC ICO to power the new Bitcoin Layer 2 for Apps and Defi.

July 30, 2025

Asia Morning Briefing: SEC’s in -kind BTC, ETH ETF reduction shift occurred in Hong Kong a few years ago.

July 30, 2025

XRP Open Interests decrease by $ 2.4B after recent sale

July 30, 2025
Most Popular

Logos inscribed its manifesto on the largest Bitcoin block ever.

May 4, 2024

What Is the Dogecoin Foundation? How the Divisive Group Reclaimed Its Glory

August 17, 2024

Data and computing network SEDA launches mainnet genesis

April 25, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.