‘X Money’ leak reveals Elon Musk’s game-changing plan as Bitcoin price approaches $100,000
elon musk, The Tesla billionaire who accidentally caused chaos in cryptocurrency prices this weekhas been hovering on the fringes of the cryptocurrency world in recent years.
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The price of Bitcoin has risen to $100,000 per bitcoin in the past year It sparked unprecedented interest in Bitcoin and cryptocurrencies among Wall Street giants And the incoming US President Donald Trump—Musk also declared a “financial emergency.”
now, As China strives to contain the crisis, which some believe could lead to a rise in the price of BitcoinElon Musk’s X could be about to launch Bitcoin and cryptocurrencies “imminent”, a leak has revealed.
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“New X token just shipped that reveals X Payments will be launched without approval from all 50 states,” Alex Finn, an X influencer to publish To the platform. “It means it is possible to launch X Payments today.”
Since Musk bought Twitter and renamed it
“It appears that to publish to the platform along with a screenshot of the code, which has not been verified by the company itself.
Earlier this week, X CEO Linda Yaccarino Confirmed Payments will arrive on the social media platform in 2025 In the form of X Money plus a host of other features, asking people to “buckle up.”
X Money’s confirmation has sparked wild speculation that the platform could use or support bitcoin, cryptocurrencies or dollar-pegged stablecoins that use cryptocurrency technology to speed up and reduce the cost of transactions, with Musk’s rocket company SpaceX recently… linked To Tether’s dominant stablecoin USDT.
“X payments will one way or another support the cryptocurrency,” Finn said anticipation In Broadcast [X] Payments.”
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If Bitcoin and cryptocurrencies reach
While Musk has refrained from commenting on bitcoin or cryptocurrencies directly in recent years, his support for Trump in the run-up to the US presidential election in November helped push the price of bitcoin higher as traders bet on Trump leading a pro-bitcoin and cryptocurrency administration.
Musk also campaigned against excessive US spending, leading to the creation of the Doge Administration for Government Efficiency, which Musk said he believes he can withdraw $2 trillion from US spending.
The Doge section is a reference to the shiba inu doge meme that is also linked to the cryptocurrency dogecoin, which Elon Musk has called his “favorite” cryptocurrency and has been accepted as payment by his Tesla car company — though Tesla continues to hold about 10,000 bitcoins With about $1 billion on its balance sheet.
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