List of Flash News about social media finance
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2025-07-05 17:39 |
Elon Musk's X to Integrate Crypto Trading and Investments 'Soon,' Boosting DOGE and BTC Speculation
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. |