Today in crypto, TikTok has responded to claims made by US Representative Brad Sherman, who alleged that the platform's owners purchased $300 million in President Donald Trump's memecoin. TikTok's Policy account refuted these allegations, calling them false and irresponsible, especially amid ongoing discussions about the platform's potential ban in the US due to ownership issues. Meanwhile, sentiment toward Bitcoin is currently divided, with social media analytics indicating a low ratio of bullish to bearish comments. Bitcoin's price has remained steady around $104,500, with predictions split on whether it will rise to an all-time high or drop further. Additionally, Elon Musk's platform, X, is planning to introduce financial services by 2025, incorporating payment and investment options for its users, underlining Musk's ongoing commitment to building a comprehensive commerce ecosystem within the app.

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