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Elon Musk’s Influence on the 2024 Presidential Election and Its Potential Outcomes

  In the upcoming 2024 U.S. presidential election, the influence of tech moguls like Elon Musk is a point of significant interest. Musk, with his vast following, has demonstrated an ability to sway public opinion through his business decisions, public statements, and presence on social media platforms like X (formerly Twitter). The effect Musk’s actions may have on the election—and candidates such as Donald Trump—is worth examining as he becomes a key player in the larger landscape of digital influence. Elon Musk and Digital Influence in Politics A Shift in Public Influence Musk’s reach extends beyond business; he is now a major influencer in political spheres. By acquiring X, Musk gained direct access to one of the most influential social media platforms in the world, where he regularly engages with a diverse audience. His unpredictable political stances and commentary resonate with millions, and his platform decisions have the potential to shape public opinion. Musk’s Public Poli...
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Bitcoin Crashes as Halving Hype Loses Impetus Over the Weekend

Bitcoin Crashes as Halving Hype Loses Impetus Over the Weekend


Bitcoin appears to be running out of steam just before one of the most anticipated milestones among cryptocurrency enthusiasts. From a report:

The largest digital token tumbled over the weekend, declining about 13% to around $8,675. It rebounded to about $8,840 as of 10 a.m. in New York trading on Monday. The decline took place ahead of a closely watched technical event known as its halving, when the rewards miners receive for processing transactions will be cut in half as soon as later today. “It’s likely that we’re going to see increased volatility through May, with the pandemic, ongoing stimulus measures and the halving,” Rich Rosenblum, co-head of trading at crypto market maker GSR, said in an email. “The record open interest for futures and options at multiple exchanges adds to this. The market is in a state of information and position overload, exacerbating the potential for volatile moves.”

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