OMG NEWS OF THE DAY
Musk’s Alleged Drug Use
Executives and board members express persistent concerns over Elon Musk’s alleged drug use. Reports suggest Musk has used LSD, cocaine, ecstasy, and psychedelic mushrooms at private parties, raising fears about potential consequences for his health and the billions of dollars in assets he oversees. The situation is especially critical given SpaceX’s role in NASA missions and its government contracts.
Bitcoin Reclaims $45,000 as ETF Hopefuls Make Final Filings
In the crypto markets, Bitcoin experiences a remarkable rebound, hitting $45,000. This follows the flash crash from last week. The surge coincides with firms, including BlackRock and WisdomTree, making final filings for spot Bitcoin ETF applications. The crypto community eagerly awaits the SEC’s decision, with potential approval signaling a significant milestone for the industry.
Japan’s Mercari Plans to Accept BTC Payments
Japan’s e-commerce giant, Mercari, plans to allow users to make purchases in bitcoin by June. This move reflects a growing acceptance of cryptocurrency payments by major companies globally. Mercari’s blockchain subsidiary, Mercoin, will facilitate transactions, maintaining prices in Japanese yen while enabling users to pay with the world’s largest cryptocurrency. This development aligns with the broader trend of integrating digital assets into traditional financial systems.
Nebraska Bill Seeks Fair Play for Crypto Mining and Ownership
In legislative news, Nebraska State Senator Eliot Bostar introduces a bill aiming to establish clear crypto standards in the state. The Blockchain Basics Act proposes regulations to promote safe and legal cryptocurrency mining, holding, and trading. If passed, the bill would allow individuals to host blockchain nodes and conduct crypto mining operations in residential properties without the need for licenses.
TWEETS OF THE DAY
Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort, HODL FM strongly recommends contacting a qualified industry professional.
