Donald Trump

President Donald Trump

Elon Musk

<ul> 
 <li>In yesterday’s interview on X Space, former President Donald Trump and Elon Musk discussed various topics but notably avoided mentioning Bitcoin or cryptocurrencies.</li> 
 <li>Despite Elon Musk and Donald Trump’s choosing not to discuss cryptocurrency, the market has not been directly affected.</li> 
</ul> 
In a much-hyped&nbsp;<a href="https://www.crypto-news-flash.com/could-donald-trump-and-elon-musks-interview-spark-a-bitcoin-rally-x-spaces-event-draws-crypto-market-attention/" target="_blank" rel="noopener">interview</a> on Monday evening, Former U.S. President Donald Trump and X CEO Elon Musk engaged in a spirited debate on the X platform. Unfortunately, the latter notably sidestepped any mention of Bitcoin or cryptocurrency.&nbsp; 
The two-hour dialogue that attracted over one million listeners on X Space got off to a bumpy start. <a href="https://x.com/elonmusk/status/1823152153445404990" target="_blank" rel="nofollow noopener">According </a>to the X platform CEO, the delayed start was due to a supposed “massive distributed denial of service (DDoS) attack,”&nbsp; Adding weight to his claims, Elon stated, 
<blockquote>
 As this massive attack illustrates, there’s a lot of opposition to people just hearing what President Trump has to say,
</blockquote> 
Questioning Musk’s allegation, one whistleblower, highlighted by the Verge, asserted that there was a&nbsp;“99 percent chance Musk was lying” about the attack. Intensifying the situation, a separate report from Netblocks confirmed that X was undergoing outages,&nbsp;leaving the DDOS attack unconfirmed.&nbsp; 
Ironical to the fact that the two are pro-crypto, Elon and Trump discussed a plethora of topics ranging from illegal immigration, economic challenges, artificial intelligence, and climate change. Still, they neglected to utter a single word about crypto. The fact that there is no mention of the word crypto is of considerable importance due to the two individuals’ outspoken support for the industry.&nbsp; 
On Polymarket, a prediction market platform, betters staked over $600,000 on the topic of a 65% chance of “ crypto” being mentioned during the interview. Additionally, Polymarket added to another likelihood that “Bitcoin” would be mentioned, which soared to a whopping 69% with approximately $330,000 on the table. Notably, no bets were created for other digital assets like Ether, Solana, or Dogecoin, considering their history.&nbsp; 
Shedding light on Polymarket, users get to win bets that pay in USDC, a stablecoin pegged to the U.S. Dollar.&nbsp;In unprecedented turn of events, a Polymarket user under the tag ‘ bama1234’ fortune unexpectedly knocked on his door after securing over $1 million by accurately predicting the words the “ pro-Crypto Trump would or would not say during the sitting. A notable chunk of $336,918 came from betting that Trump would not mention “crypto” However, their success was not absolute, as they incorrectly anticipated Trump’s use of terms like “MAGA” and “Trans.” 
The failure to talk about cryptocurrency is puzzling, given their track record concerning the digital asset sphere. Subjectively, according to an<a href="https://www.crypto-news-flash.com/trump-eyes-keynote-at-bitcoin-2024-conference-boosting-crypto-community-alignment/" target="_blank" rel="noopener">&nbsp;earlier CNF report,</a> Donald Trump has previously engaged with crypto topics, the most recent being his speech at the BTC 2024 Conference. Additionally, as a pro-crypto&nbsp;candidate, Donald Trump has shown support for this new asset class by <a href="https://www.crypto-news-flash.com/donald-trump-boosts-crypto-odds-for-2024-presidency-backed-by-bitcoin-and-ethereum/" target="_blank" rel="noopener">accepting campaign donations</a> in Crypto.&nbsp;&nbsp; 
Despite Elon Musk and Donald Trump’s choosing not to discuss Cryptocurrency, the market has not been directly affected. At the time of writing, Bitcoin&nbsp;was<a href="https://www.crypto-news-flash.com/marketcap/" target="_blank" rel="noopener">&nbsp;swapping hands&nbsp;</a>with $58,894.50,&nbsp;marking a 0.05% decline in the last 24 hours. 
 
<div class="cryptoboxes" id="mcw-19491" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="bitcoin" data-symbol="BTC" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="month" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>

Bitcoin Left Out as ‘Cheerleader’ Trump and ‘Dogefather’ Musk Sidestep Crypto in Debate

Crypto News Flash

Other articles published on Aug 13, 2024

If Kamala Harris is Elected, Will It Be Positive or Negative for Bitcoin and Cryptocurrencies? He...

Expert Analysts Predict MATIC Surge from Key Support Level

Bitcoin risks ‘sharp weekend price swings’ as ETFs suck up liquidity

ZAN and Mysten Labs Partner to Advance Web3 Infrastructure Development

Franklin Templeton Unveils U.S. Money Fund on Arbitrum

MoneyGram’s Adoption of XRP for Faster Payments: Ripple’s Lawsuit Victory Renews Interest for the...

Join our free newsletter for daily crypto updates!