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Elon Musk Says He'll Step Back From the Government. DOGE Isn't Going Anywhere
Product Reviews

Elon Musk Says He’ll Step Back From the Government. DOGE Isn’t Going Anywhere

by admin May 24, 2025


What to make of the so-called Department of Government Efficiency at this stage of the Trump administration? Elon Musk has purportedly stepped away from his government duties. Courts are trying to strike down some of DOGE’s most egregious efforts. It may seem as though the worst excesses of DOGE have passed, replaced by something closer to a stasis.

This isn’t true. Not even close.

While the image of DOGE most likely burned into your retina is that of Elon Musk wielding a literal chain saw, the theatrics belie an organization that has quietly permeated all corners of the federal government. More than that, it’s increasingly clear that its objectives are now indistinguishable from that of the broader Trump administration. Removing DOGE at this point would be like trying to remove a drop of food coloring from a glass of water.

And what is it doing from its perch? Not loudly, clumsily attempting to fire thousands of government employees, but working in secrecy to collect, combine, and analyze data that was never intended to comingle. Using that information to find and surveil immigrants. Giving the Justice Department an assist on alleged voter fraud indictments.

Even if Musk claims he’s stepping away—though he met with House Republicans just this week—his lieutenants are still firmly in place at the agencies that control the federal workforce and regulate his companies. DOGE is reportedly using his xAI Grok chatbot to parse sensitive data, which potentially means millions of Americans’ personal information is doubling as training data for the model. A 19-year-old who goes by Big Balls online is still a central figure.

Meanwhile, the victories against DOGE may be short-lived. The Trump administration used it as a battering ram to push its policies through with overwhelming force. While the courts have held firm in some cases—just this week, a judge declared DOGE’s takeover of the United States Institute of Peace to be unlawful—the policies still exist, and there are other ways to achieve them. The Wall Street Journal reported recently that director of the White House Office of Management and Budget Russell Vought would pick up DOGE’s cost-cutting mantle in the post-Musk era. Expect him to wield not a hammer but a finely edged blade.

This has always been the plan. Vought is the architect of Project 2025, the policy road map that DOGE has been following turn by turn. He has been explaining for months what happens after DOGE’s first assault.

“We’re going to use all of our executive tools to make those savings permanent,” Vought said in an interview with Fox Business anchor Larry Kudlow on March 11. “We’re going to do everything we can to make sure that those are not merely something that goes on a website, but becomes permanent … We’ll work with Congress to do it, but we’ve also been aware the extent to which Congress has had a hard time passing cuts of any magnitude, and so what we want to do is everything we can to use presidential tools to bank those savings home.”



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May 24, 2025 0 comments
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kotaku
Game Reviews

Disney’s 23 Best And Most Memorable Songs Ever, Ranked

by admin May 24, 2025


Phil Collins knocked it out of the park with the entire Tarzan soundtrack. Somehow his earthy voice, drum-infused instrumentals, and heartfelt lyrics were the perfect mix for this jungle story. Rather than a traditional Disney musical, Phil Collins acts as an omnipresent narrator, commenting on the action or voicing the character’s thoughts. “You’ll Be In My Heart” rightfully earned the Academy Award for Best Original Song. Originally written as a lullaby for his own daughter, the song starts off tender, with Phil Collins almost gently whispering against soft marimbas.

Its lyrics of true love and devotion are moving, especially in the scene where Kala sings it to a baby Tarzan, who, despite being a different species, experiences a bond where love and care know no bounds. The song eventually crashes into driving drums, moving toward a bridge that sees the child fly free on their own: “When destiny calls you / You must be strong / I may not be with you / But you’ve got to hold on.” This song is touching for anyone who has ever loved someone and watched them grow, no matter what type of relationship.



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May 24, 2025 0 comments
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Crypto
NFT Gaming

American Tourist Drugged, Crypto Worth $123K Stolen By Uber Driver

by admin May 24, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

An American visitor ended up losing $123,000 in crypto after getting into the wrong cab in central London. He said he felt drowsy and blank after taking a cigarette the driver offered him. Thirty minutes later, he woke up on the pavement with a smashed phone and no way to unlock his crypto wallet.

Mistaken Identity At Night

According to My London, Jacob Irwin-Cline hailed what he thought was an Uber at around 1:30 a.m. on May 9, 2025. It wasn’t. The driver looked similar to the person in the app, but the car was different. He didn’t check the plate number. He says he only spotted the mistake after the attack.

US Tourist Says Bitcoin, XRP Worth $123K Stolen After Ride With Fake Uber in London

An American tourist has lost more than $123,000 in crypto after being drugged and abducted by a fake Uber driver in London’s West End.
Read more: https://t.co/6oEsTH79ig pic.twitter.com/uIu9ZijSK7

— Mars Signals (@MarsSignals) May 21, 2025

Sedative Cigarette Encounter

Based on reports, the driver handed him a cigarette when Jacob was already half asleep. He says it felt odd right away. He thinks it was laced with scopolamine, a powerful sedative. This drug can make you feel calm, confused, or even forget what just happened. He lost consciousness for about 30 minutes. When he woke up, the taxi was gone.

Jacob Irwin-Cline believes he was robbed with the help of scopolamine, a powerful sedative Source: Jacob Irwin-Cline/My London.

Lost Wallet And Cold Facts

His phone was the real prize. It held his private keys and gave full access to his crypto accounts. He later discovered the cab clipped him as he stumbled out. He spent days trying to track down the device. It was never returned. Now he has no way to tap into that $123,000 stash.

BTC is currently trading at $109,858. Chart: TradingView

Rising Threats To Crypto Holders

This case follows other violent crimes targeting people in the crypto world. On May 3, French police freed the father of a crypto exchange owner after he’d been held for ransom. The kidnappers wanted millions of euros. Days later, masked men tried to shove Paymium CEO Pierre Noizat’s daughter and grandson into a van in broad daylight. They fought back and escaped.

Steps To Stay Safe

Experts urge crypto holders to use hardware wallets for large sums and only keep small amounts on a phone. They say matching every ride-share detail helps too. Check plates, car model, and driver name before you step in. Use long passcodes or biometric locks on phones. And if you carry big assets, think about a travel companion or security guard in unfamiliar places.

The growing number of violent crimes against crypto investors shows that digital money can attract more than just hackers online. It can draw real-world danger. Jacob Irwin-Cline’s loss is a stark reminder that convenience often comes at a cost. Stay alert, check the details, and keep most of your holdings offline. That way, you won’t wake up to a $123,000 hole in your pocket.

Featured image from Pexels, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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May 24, 2025 0 comments
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Bitcoin treasury companies will hold 'way more' than Bitcoiners expect: Exec
Crypto Trends

Bitcoin treasury companies will hold ‘way more’ than Bitcoiners expect: Exec

by admin May 24, 2025



Moon Inc. head of Bitcoin strategy Jesse Myers says that Bitcoin holders are underestimating the significant amount of Bitcoin that corporations will accumulate by 2045.

“Bitcoin Treasury Companies will hold 50% of all BTC, way more than most Bitcoiners are prepared for,” Jesse Myers said in a May 23 X thread.

Strategy will own $70T of Bitcoin by 2025, says Myers

Myers further forecasted that Michael Saylor’s Strategy will own $70 trillion worth of Bitcoin (BTC) by 2045, “making it by far the most valuable company in the history of the world.” At the time of publication, Strategy holds 576,320 Bitcoin, worth approximately $62.24 billion, according to Saylor Tracker.

Source: Jesse Myers

Myers said, “To set the stage, there is $1,000T of asset value in the world.” He added that Bitcoin represents just 0.2% of that total amount. He explained that, since half of all capital in the world is essentially seeking the best store of value, more capital will “osmotically flow” into Bitcoin over time.

“Over the last 2 years, an exodus from fiat assets (bonds and money) has already begun. Hard money assets (Bitcoin and gold) are where things are shifting,” he said.

Source: Jesse Myers

Myers said that there is around $318 trillion of capital in bonds “looking for greener pastures.” He said most of this capital is tied up in fixed-income institutional vehicles with “strict mandates.”

“That’s where Bitcoin Treasury Companies come in,” Myers said.

“Treasury Cos will be the primary bidders for BTC over the coming decades, deploying an ocean of SoV capital to BTC.”

Related: Bitcoin price hit a new all-time high, and data shows BTC bulls aren’t done yet

While Strategy has been accumulating Bitcoin since 2020, other treasury companies are starting to emerge.

On April 24, Twenty One Capital formed, which is a Bitcoin treasury company led by Strike founder Jack Mallers with the support of Tether, SoftBank and Cantor Fitzgerald. The firm is looking to become the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.”

According to Bitbo data, publicly traded and private companies, ETFs, and nation-states collectively hold 3.23 million BTC, valued at approximately $348.25 billion.

Magazine: AI cures blindness, ‘good’ propaganda bots, OpenAI doomsday bunker: AI Eye



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May 24, 2025 0 comments
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Unusual 2,306% Imbalance Stuns XRP Bulls in Daily Crypto Bloodbath
GameFi Guides

Unusual 2,306% Imbalance Stuns XRP Bulls in Daily Crypto Bloodbath

by admin May 24, 2025


XRP traders felt the heat over the last 12 hours as long positions were wiped out at a rate that is difficult to ignore. Liquidations on the long side added up to $9.94 million, while shorts barely registered to $431,260. That is a 2,306% difference — a rare imbalance, even for crypto.

You do not see this kind of ratio every day, and what it indicates is that a large group of traders expected XRP to rise, but then the market pulled back quickly. 

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Crypto liquidations across the board for the same time frame came in at $424.63 million. Most of that — $363.13 million — came from long trades. While XRP’s total was not the highest, the split between long and short liquidations puts it in a category of its own.

Source: CoinGlass

Chart performance tells part of the story. While the XRP price rose steadily throughout the early hours, hitting around $2.47, by midday it had quickly dropped below $2.30 before bouncing back slightly to trade near $2.36. This timing coincides with the liquidations, suggesting that automated sell-offs from over-leveraged long trades fueled the drop once the price turned.

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Across all coins, over 162,000 traders were liquidated in the past 24 hours, adding up to $551.66 million. BTC and ETH took the biggest hits at $120.84 million and $109.93 million, respectively, but XRP stood out due to the magnitude of its one-sided liquidations.

The takeaway here is not new: when too many traders use leverage and lean in the same direction, it does not take much to shake things up. For XRP, the numbers make that clear.



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May 24, 2025 0 comments
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Ian Carlos Campbell
Product Reviews

Trump threatens a 25 percent tariff on all smartphones not made in the US

by admin May 24, 2025


After threatening Apple with a 25 percent tariff unless the company found a way to move iPhone production to the US, Bloomberg reports that President Donald Trump wants the tariff applied to other phone makers, too.

“It would be also Samsung and anybody that makes that product, otherwise it wouldn’t be fair,” Trump said in a White House press conference following his earlier Truth Social post threatening the new tariff. “So anybody that makes that product, and that’ll start on, I guess, the end of June.” That means Samsung, Google, and other phone makers selling smartphones in the US would also need to find a way to move production state-side, something most experts says is economically unfeasible.

While Trump’s announcement lacks detail in the way many of his potentially world-altering decisions do, it does fit with the larger plan outlined in earlier tariff announcements. When electronics like smartphones were initially exempted from the larger 125 percent tariff on goods from China, it was with the promise that they would eventually be subjected to “semiconductor sectoral tariffs” at some point in the future. This new 25 percent tariff could be just that.

The Trump administration has been focused on the idea of a US-manufactured iPhone for months now, but this renewed attention stems from reporting that Apple has been trying to transition iPhone manufacturing to India to avoid the worst of the global trade war. That seems like its going to get even trickier unless Trump decides on another pause or changes his mind on tariffs yet again.



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May 24, 2025 0 comments
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Praise the Omnissiah, Warhammer 40,000; Mechanicus 2 just got a new gameplay trailer, featuring a short glimpse at a new faction
Game Reviews

Praise the Omnissiah, Warhammer 40,000; Mechanicus 2 just got a new gameplay trailer, featuring a short glimpse at a new faction

by admin May 24, 2025


A gameplay trailer for Warhammer 40,000: Mechanicus 2 has just been revealed during today’s Warhammer Skulls event, and it features a special surprise for fans of the newer era of the 40k narrative. The Leagues of Votann, the newest faction added to the tabletop game, are making their video game debut.

This new trailer, which you can watch below, looks like a fancier and shiner update of the first game (which makes sense). Characters present in the first game are making a return including all of your advisors, and you’ll be battling against the Necron once again on Hekateus IV.

Check out the Mechanicus 2 gameplay trailer here!

As for the Leagues of Votann, we see them represented with various units, including Hearthkyn (AI comrades), Beserks, and standard warriors. It’s not clear yet what role they’ll play in the narrative, it seems as though whether or not they’re friend of foe is going to be a major mystery going into the game, but it’s cool to see them get some love in Warhammer’s continued push into the video game space.


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Mechanicus 2 is in development right now for PC, PS5, and Xbox Series X|S, and it set to release at some point later this year. No exact release date has been revealed quite yet, so you’ll have to hang in there until more info drops. If you’re looking to kill some time and haven’t played the first game, it’s currently on sale on Steam for 80%. It’ll also be free for a while, so at least try it out!

Are you excited to see the League of Votann in action? Let us know below!



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May 24, 2025 0 comments
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Solaxy and Pepeto rise as Nasdaq composite, ETH, DOGE, and Pepe coin heat up
NFT Gaming

Solaxy and Pepeto rise as Nasdaq composite, ETH, DOGE, and Pepe coin heat up

by admin May 24, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solaxy’s Layer 2 claims on Solana spark questions on necessity, while Pepeto’s rise hints at the next x100 memecoin.

For those who have invested in Solaxy or are thinking about it, here’s something worth seriously considering. Solaxy markets itself as the first Layer 2 built on Solana, and while that sounds bold, ask: does Solana even need it? 

Layer 2 solutions make a big impact on Ethereum, where high gas fees and slow transaction speeds hold back usability. But Solana is already known for lightning-fast transactions and ultra-low fees. 

Adding another layer to an already efficient system might not bring the same level of improvement. Solaxy could still see short-term gains on hype alone, maybe even a 5x, but when it comes to long-term value, it’s not clear how this tech fills a real need. That raises a bigger question: without solving a clear problem, can Solaxy stay relevant?

A step forward for Solaxy…But questions remain

Everyone’s watching what Solaxy does next , but is it building something people will remember? Recently, the team teamed up with Hyperlane to launch a testnet bridge. This lets users send SOL quickly and safely on a trial version of the network. 

They’re building a system that could later connect Solana to Ethereum, making it easier to move assets between blockchains. It’s a solid step forward. But let’s be honest, a testnet is just that: a test. It doesn’t prove long-term impact yet. It’s progress, yes, but it doesn’t have the kind of viral energy that turns a memecoin into a breakout star. 

Solaxy still doesn’t have a strong story. And in today’s crypto world, story matters just as much as technology. Solaxy is good, but good alone doesn’t guarantee staying power once the spotlight moves on.

The next Pepe that will spread everywhere: PEPETO

While others are still finding their footing, Pepeto is gaining serious momentum. Early buyers are stacking in before the noise hits, and this might be the memecoin everyone regrets missing in 2025. Let’s see why it checks every box for the next x 100 memecoin:

The untold origin story that crypto can’t stop talking about: PEPE…TO ? 

Born from what many say was the original Pepe blueprint, Pepeto steps in with something the market hasn’t seen: purpose. While Pepe went viral, Pepeto brings back what was left behind — a full identity built on Precision, Energy, Power, and Efficiency… and the two missing pieces that change everything : Technology and Optimization. That’s what makes this more than a meme. It’s a comeback. 

Behind PEPETO, there’s real tech and real plans

Most memecoins stop at community and jokes. Pepeto, aka God of frogs doesn’t. With its own multi-chain swap (PepetoSwap) being built, a staking system that rewards loyalty, and plans to support real movement between chains like Ethereum and Solana, it’s giving holders more than hope, it’s giving them tools.

Here’s what sets Pepeto apart:

  • Cross-chain PepetoSwap in development
  • Early staking rewards to reward long-term holding
  • A real story with viral potential
  • Active community rooted in more than memes
  • A meme coin that’s actually building something useful

Currently at $0.000000130, Tier 1 listing could hit any moment

Crypto whispers are getting louder: a Tier 1 exchange listing could be next for Pepeto. And yet, the token is still priced at just $0.00000013. That’s the kind of number that made early Pepe (same market supply as PEPETO) and Shiba buyers millions. The difference? This time, you’re early.

The price is low, the story is strong, and listing rumors are gaining traction. For those curious, take a look at the website and see what’s being built , this might be an early window before the spotlight arrives.

How to buy Pepeto:

Go to pepeto.io, connect MetaMask or Trust Wallet, and pay with ETH, USDT, or BNB. It’s fast. It’s simple. It’s right now. (With 288% staking rewards).

To learn more about Pepeto, visit the website, Telegram and Instagram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.





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May 24, 2025 0 comments
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Ripple CEO Breaks Silence on What Makes Crypto ETFs Exciting
Crypto Trends

Ripple CEO Breaks Silence on What Makes Crypto ETFs Exciting

by admin May 24, 2025


  • Garlinghouse on what makes crypto ETFs “exciting”
  • First-ever XRP futures ETF goes live

Brad Garlinghouse, the chief executive at Ripple blockchain juggernaut, has taken part in Ripple’s podcast “Crypto in One Minute” to talk about crypto-based exchange-traded funds and their importance to the cryptocurrency space.

This video with Garlinghouse’s participation was published a few days after the first-ever XRP futures ETF was launched on the Nasdaq exchange.

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Garlinghouse on what makes crypto ETFs “exciting”

In his short, one-minute-long speech Ripple CEO named two main reasons why he believes that people are excited about crypto ETFs launching since January 2024. The first one is that for a long time institutional investors from Wall Street have been unable to access crypto assets directly to trade or invest in them. They had to either use self-custody options or hold crypto on centralized exchanges, which

For the first time, financial institutions have been able to go and trade crypto directly, whether it was endowment, pension funds, mutual funds, or anything else. Now, institutions can do it easily thanks to crypto ETFs.

The second important factor named by Garlinghouse was that the launch of ETFs is really “institutionalizing the entire industry of crypto.” He reminded the audience that the Bitcoin ETF was the fastest ETF in history to reach $1 billion in assets. As well as that, it passed the $10 billion mark faster than any other ETF ever did.

Garlinghouse believes that the Bitcoin ETF will “eventually close in on the gold ETF” in the near future.

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First-ever XRP futures ETF goes live

Earlier this week, major investment company Volatility Shares launched the first-ever XRP futures ETFs on the Nasdaq exchange under the XRPI ticker. That launch took place after on May 19, the CME exchange launched an XRP-futures product. In 2017, CME and CBOE were the first platforms to launch Bitcoin futures for financial institutions.

Roughly a month before that, the first XRP-based product, Tectrium 2x Long Daily XRP ETF, was rolled out by Tectrium.

Prior to launching Bitcoin spot ETFs in January 2024, BlackRock and several other companies, also released Bitcoin futures ETFs a few years before.

As reported by U.Today, this week, the SEC delayed a spot XRP ETF filing coming from CoinShares.

Over the past 24 hours, XRP has lost more than 7%, dropping from $2.47 to $2.29. By now, the coin has partly recovered, adding 2.08% and changing hands at $2.34.



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May 24, 2025 0 comments
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Nelkolabelmaker
Gaming Gear

This Bluetooth Label Maker Is Almost Free on Amazon, Already Bought by 20K People in the Past Month

by admin May 24, 2025


It’s amazing what a little bit of effort toward staying organized can do for your mental health. If you’re someone who’s constantly losing track of where you’ve put something down, or need helpful reminders throughout your day, a label maker can save your life. Well maybe not literally, but it can sure be a big help. Amazon has the Nelko label maker on sale for a limited time, going for more than half off. You can get this wireless mini label maker that connect to your phone over Bluetooth for as low as $16.

The use case for owning a label maker is limited only by your imagination. Teachers can use them as nametags for students. Families can label various bins in the home be it filled with toys, socks, or tools. The elderly can use them for reminders for different medicine and vitamins and when to take them. Small business owners can print out new prices with QR or bar codes on demand.

See at Amazon

Work From Templates or Design Your Own

These labels are fully customizable. They don’t just print text. You can add in various symbols from an extensive catalog of options within the smartphone app. Does the bin contain extra cutlery? Add on the fork and knife symbol. Is this where you’re storing the holiday decorations when out of season? Slap on the Christmas tree. You can even print in different choices of font and various colors if you want to take your organization even further with color-coding. The labels can print in varying lengths as well. They print at 15mm wide but can be as short at 30mm and as long as 75mm.

Connecting to the label maker could not be easier. Just download the companion app via the App Store or Google Play depending on whether your one an iPhone or Android. From there, you can connect to you Nelko label maker over Bluetooth and start designing and printing right away. The label maker uses thermal printing so you never need to worry about running out or needing to replace ink cartridgers.

The Nelko label maker comes in a variety of fun colors including white, black, blue, cyan, green, pink, and purple. However, due note that not all of them, are available at a discount. Currently the white model is the cheapest going for 53% off. For any of them, you can also redeem the promo code SRCBCFZB to save an additional 15% off your purchase.

See at Amazon



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May 24, 2025 0 comments
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