The post Can Elon Musk’s X Money Integrate Bitcoin As BTC Pushes Tesla Net Income To $600M? appeared on BitcoinEthereumNews.com.
In recent developments, speculations have soared over Elon Musk’s X Money to include Bitcoin after BTC pushed Tesla’s Q4 net income to $600 million. What’s strengthening this speculation is a post by X CEO, Linda Yaccarino about a newly entered partnership with Visa. It will initially allow users to move funds like Zelle or Venmo. Nevertheless, speculation about Bitcoin’s integration into X Money is gaining momentum. Elon Musk’s X Money to Have Bitcoin? Defined as a milestone, the CEO of X, Linda Yaccarino, has said that X is a step closer to becoming an ‘everything app’. She has published a post on X to announce the partnership between X Money and Visa which will enable users to move their funds between traditional banks and digital wallets. X Money could go live later this year and Linda has said in her X post that this was the first of many big announcements to come. What has triggered the speculation of BTC’s inclusion is the association of Elon Musk with the crypto sphere. This is evident from the recent financial reporting by Tesla where the EV automobile company has reported a net income of $600 million. A CNBC report, citing experts, said that BTC has pushed the EV maker to achieve this significant milestone. Notably, Tesla is the 6th biggest holder of Bitcoin among public companies, according to Bitcoin Treasuries. Elon Musk’s X Could Also Integrate Dogecoin As Bitcoin pumped the net income of Tesla, it fuels speculation that it could now be integrated into X Money. However, it is also speculated that Dogecoin could be another crypto to be integrated into Elon Musk’s X Money. Reports about the potential integration of DOGE with X’s payment system have previously fueled a potential price rally for DOGE. Meanwhile, it is also anticipated that…