Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
Cryptopolitan 2025-01-15 21:42:56

Tron founder Justin Sun hints at TikTok acquisition amid U.S. ban speculations

Tron founder Justin Sun hints at TikTok acquisition amid U.S. ban speculations

The high-stakes battle over TikTok’s future in the United States has taken an unexpected twist. Tron founder and crypto billionaire Justin Sun is also heavily hinting at buying the wildly popular video-sharing app, which is facing a government-mandated sale or a potential ban. Sun caused quite a stir on the social media platform X when he said he could “just offer to buy TikTok.” He remarked in response to debates over the app’s uncertain future. TikTok’s parent company, ByteDance, based in Beijing, has been under pressure from the U.S. government due to security concerns. The app is currently seeking a Supreme Court ruling to overturn legislation that could compel ByteDance to divest its US business by January 19, 2025. In a hearing last week, the U.S. Supreme Court appeared likely to support the law even as President-elect Donald Trump and other politicians wanted the deadline to be extended. Crypto enthusiasts have applauded Sun’s potential decision as a great chance to incorporate blockchain into conventional platforms. “That would be truly epic, your Excellency,” one user noted . In a recent post, angel investor Anthony Pompliano, popularly known as “Pomp” on social media, pointed out this looming decision. He held a survey on X to determine the people’s attitudes and found out that people are equally divided. About 49.8% of the respondents think that TikTok will remain in the U.S. market; 36.4% think it will be banned. TikTok’s ticking clock This uncertainty has led to debates on who can buy the company and proposals that Elon Musk or Justin Sun may be the saviors. It has been alleged that Chinese authorities have been looking at Musk as a potential buyer. If this happens, it could change the course of TikTok in the tech and crypto space. “In my opinion, TikTok should not be banned in the US, even though such a ban might benefit platform X. – Musk The stakes couldn’t be higher. A U.S. ban would mean that TikTok cannot be downloaded through Apple and Google app stores; hence, current users would be left with an app that would gradually become dysfunctional. This is not the first time TikTok has been threatened to be shut down. The Trump administration requested a similar ban in 2020 on the grounds of the application being a threat to national security. However, the situation becomes even more complicated now that President-elect Donald Trump is set to begin work just one day after the possible ban. A crypto-TikTok crossover? TikTok’s connection with the cryptocurrency industry has grown in recent years. In December 2024, Sonic, a Solana-based gaming blockchain, launched token airdrops and gaming integrations via TikTok. It reached over 2 million users, proving that TikTok is highly effective in generating interest in the crypto niche. The platform has also been used to create viral trends, such as the 2020 #DogecoinTiktokChallenge, which saw the value of Dogecoin rise by 20% in a week. The Supreme Court’s ruling will determine whether TikTok will remain a social media platform or become extinct. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.82%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.