Comment
Author: Admin | 2025-04-28
Elon Musk, the Tesla billionaire who accidentally caused crypto price chaos this week, has hovered on the fringes of the crypto world in recent years.Unlock over $3,000 in NFT, web3 and crypto perks — Apply now!The bitcoin price surge to $100,000 per bitcoin last year spurred unprecedented interest in bitcoin and crypto among Wall Street giants and incoming U.S. president Donald Trump—as Musk has declared a "financial emergency."Now, as China scrambles to contain a crisis that some think could blow up the bitcoin price, a leak has revealed Elon Musk's X could be about to "imminently" launch a bitcoin and crypto game-changer.Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull runForbesDonald Trump’s China Nightmare Could Have Already Come TrueElon Musk, Tesla billionaire and X owner, has been known to cause huge bitcoin price swings.Getty Images"New X code has just shipped that reveals X Payments will launch without approval from all 50 states," X influencer Alex Finn posted to the platform. "Meaning X Payments could launch today."Since Musk bought Twitter and rebranded it X he has been acquiring money transmitter licences in states across the country as part of a grand plan to grow X into an "everything app" similar to China's WeChat."It seems like X plans to launch X Money in the U.S. before getting approval in all 50 states," MacRumors contributing researcher Aaron Perris posted to the platform alongside a screenshot of the code, which hasn't been verified by the company itself.Earlier this week, X chief executive Linda Yaccarino confirmed payments will be coming to the social media platform in 2025 in the form of X Money along with a raft of other features, telling people to "buckle up."X Money's confirmation has sparked wild speculation that the platform could use or support bitcoin, crypto or dollar-pegged stablecoins that use crypto technology to speed up and reduce the cost of transactions, with Musk's rocket company SpaceX recently being linked to Tether's dominant USDT stablecoin."X payments in one way or another will support cryptocurrency," Finn predicted in an X broadcast. "Crypto will probably be a good amount of rails for [X] payments."Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curiousForbesLeak Reveals Serious China 2025 Warning—Predicted To Blow Up The Bitcoin PriceBy Billy BambroughThe bitcoin
Add Comment