According to @rovercrc, Elon Musk's social media platform X is preparing to launch investment and trading services, a move that could significantly impact the cryptocurrency market. Citing an interview with the Financial Times, X CEO Linda Yaccarino stated that users will 'soon' be able to manage their 'whole financial life on the platform,' which crypto traders believe will likely include digital assets like Dogecoin (DOGE) and Bitcoin (BTC), given Musk's known advocacy and Tesla's substantial BTC holdings. In separate news highlighting the impact of strategic partnerships, the cryptocurrency exchange token WhiteBIT Coin (WBT) surged over 30% in 24 hours. This price jump directly followed the announcement of a three-year deal making WhiteBIT the 'official cryptocurrency exchange' and jersey sleeve partner for the Italian football club Juventus, as detailed in a press release. The market has reacted to these developments, with DOGEBTC showing a 1.8% increase, potentially in anticipation of its integration into X's future financial ecosystem.

According to Santiment, the past week has seen significant network growth among key crypto assets, with Wrapped Ethereum (WETH) up 648%, WhiteBIT (WBT) up 575%, Wrapped Bitcoin (WBTC on Optimism) up 402%, and BitDAO (BIT) also showing strong gains. This surge in new addresses indicates heightened user activity and potential trading interest, especially for WETH and WBTC, which are closely linked to Ethereum and Bitcoin ecosystems. Traders should monitor these assets for increased liquidity and volatility, as rapid address growth often precedes price momentum. (Source: Santiment, June 17, 2025)