According to @KobeissiLetter, Elon Musk's social media platform X is preparing to launch investment and trading services soon, as confirmed by CEO Linda Yaccarino in an interview with the Financial Times. This move is part of a larger strategy to transform X into an 'everything app' for finance, which crypto traders anticipate will include digital assets like Dogecoin (DOGE) and Bitcoin (BTC), given Musk's history and Tesla's BTC holdings. In separate news, the New York Stock Exchange has filed for a rule change to list the Truth Social Bitcoin and Ethereum ETF from Trump Media. This proposed fund would hold BTC and ETH in a 3:1 ratio, with Crypto.com serving as the custodian. These developments occur as Bitcoin (BTC) trades around $108,160 and Ethereum (ETH) is near $2,515, based on current market data.

According to @moonshot, Elon Musk's social media platform X is preparing to launch investment and trading services 'soon,' as stated by CEO Linda Yaccarino in an interview with the Financial Times. This move is part of a broader strategy to transform X into an 'everything app' similar to China's WeChat, offering comprehensive financial services like peer-to-peer payments and value storage. For traders, this development is significant due to Musk's well-known advocacy for Dogecoin (DOGE) and his company Tesla's substantial holdings of Bitcoin (BTC), which amount to approximately 11,500 BTC. The market widely anticipates that any financial services rolled out on X will feature cryptocurrency integration, potentially driving significant volume and interest in assets like DOGE and BTC.

According to @boldleonidas, XRP has outperformed the broader crypto market, climbing 5.5% to $2.19 due to a convergence of bullish catalysts. These include the launch of XRP micro futures on Robinhood, providing traders with new hedging and speculation tools. Additionally, regulatory clarity improved as Ripple withdrew its cross-appeal in its lawsuit with the U.S. SEC, a move expected to be reciprocated by the commission. On-chain metrics also support the rally, with crypto analyst Ali Martinez citing Glassnode data showing over 1.1 million active addresses on the XRP Ledger in the past week. Separately, the Financial Times reports that Elon Musk's social media platform, X, will "soon" offer investment and trading services. Given Musk's public support for cryptocurrencies like Dogecoin (DOGE) and Tesla's significant Bitcoin (BTC) holdings, it is widely anticipated that these new financial services will include digital assets, potentially driving further mainstream adoption.