💥 Elon Musk, CEO of Tesla, has denied claims suggesting he engaged in discussions about cryptocurrencies with Donald Trump, the front-runner for the 2024 Republican presidential nomination.

Taking to X (formerly known as Twitter), Musk expressed his stance, saying, “Pretty sure I’ve never discussed crypto with Trump, although I am generally in favor of things that shift power from government to the people, which crypto can do.”

According to a report by The Wall Street Journal on May 29th, Trump is contemplating extending a "possible advisory role" to Musk in the event of his victory in the upcoming election.

#donaldtrump #ElonMusk's #Election2024

⚠️ MT.GOX PREPARES TO DISTRIBUTE BITCOIN

It appears that the decade-long saga of Mt.Gox may be drawing to a close. Recent reports from Arkham on May 28 revealed a significant development: Mt.Gox initiated a transaction totaling $9.62 billion worth of BTC from numerous wallets. This event marked the first movement of these funds in over five years.

On the same day, Mt.Gox’s trustee issued a statement, confirming that the transfer was a crucial step in the preparation of Bitcoin repayments to creditors. Former Mt.Gox CEO Mark Karpeles further clarified that the movement of funds was an integral part of the distribution process. Notably, Mt.Gox’s final repayment deadline looms on October 31, 2024.

#MtGox $BTC

Over the last 13 days, U.S. spot bitcoin ETFs have experienced a net inflow surpassing $2 billion. This streak marks their second-longest period of continuous positive flow since their introduction, trailing only behind the 17 consecutive days of net inflows recorded in January.

$BTC #ETFBitcoin

⚠️ BREAKING
Donald Trump has been convicted on all 34 counts in his New York 'hush money' trial, marking him as the first former president to be found guilty of felonies. Witnesses say he remained motionless, staring ahead, as the verdict was announced.
#TrumpCryptoSupport #trumpcoin #donaldtrump

The SEC has instructed spot Ethereum ETF issuers to submit their initial draft S-1 forms by Friday, according to The Block.

$ETH #EthereumETFApprovalExpectations