This week in crypto, a number of important developments happened: Trump and Elon Musk ended their partnership, a Spanish coffee company pivoted to focus on Bitcoin investment, Gemini filed for an IPO, and more.
Polymarket also conducted a partnership with X, and analysts noted that the altcoin market is in a record-breaking bear market. All these topics and more are available at BeInCrypto.
Trump and Elon Musk’s Breakup
Obviously, the biggest crypto news this week was the split between Donald Trump and Elon Musk. Although both men had been close allies since Trump’s Inauguration, these crypto titans went through a messy political divorce.
Musk accused the President of pedophilia, while Trump threatened to pull the CEO’s government contracts and subsidies.
At the core of their argument was Trump’s “Big Beautiful Bill,” a budget proposal that Musk harshly criticized. In response, a flurry of “Kill (the) Bill” themed meme coins arose after the argument, but most of them crashed in value today.
Spanish Coffee Chain Pivots to Bitcoin
Another important crypto event this week was Vanadi Coffee, a Spanish firm that decided to
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Author: Landon Manning