X, Formerly Twitter, Reportedly Considers Adding Bitcoin, Dogecoin Trading — Elon Musk Reacts
Portfolio Pulse from Mehab Qureshi
Elon Musk's super app, X, formerly known as Twitter, is reportedly considering adding a trading hub for cryptocurrencies and other assets. The company has allegedly sent requests to financial-data providers for proposals on financial content and real-time stock data. However, Musk stated that no work is being done on this to his knowledge. Earlier this year, eToro announced plans to offer trading services to Twitter users through a partnership.
August 04, 2023 | 2:50 pm
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POSITIVE IMPACT
If X proceeds with the trading hub, Bitcoin could potentially be traded on the platform, which could increase its visibility and accessibility.
The potential addition of Bitcoin trading on X could increase the cryptocurrency's visibility and accessibility, potentially leading to increased demand and a positive impact on its price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
If X proceeds with the trading hub, Dogecoin could potentially be traded on the platform, which could increase its visibility and accessibility.
The potential addition of Dogecoin trading on X could increase the cryptocurrency's visibility and accessibility, potentially leading to increased demand and a positive impact on its price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70