Dogecoin payments on X are gaining traction as the launch of X Money approaches, with leaked code indicating an imminent rollout. CEO Linda Yaccarino confirmed the service will debut this year, despite not having approval in all 50 states, fueling speculation about DOGE integration, especially given Elon Musk’s support for the cryptocurrency. Currently, Dogecoin is showing bullish signs, trading at around $0.39, with analysts suggesting that surpassing $0.422 could lead to further price increases.
read moreAaron
0 posts last weekDogecoin Speculation Rises with X App’s Upcoming Payment System Launch
Dogecoin (DOGE) is gaining attention as leaked code suggests the imminent launch of X Payments on Elon Musk’s X app, potentially allowing users to monetize content through tips. X CEO Linda Yaccarino hinted at groundbreaking features for 2025, raising speculation about cryptocurrency integration, with DOGE as a frontrunner. Musk’s long-standing support for DOGE and his vision for cryptocurrency in X’s payment ecosystem could lead to significant market impacts, reminiscent of PayPal’s crypto adoption in 2021. At press time, DOGE was trading at $0.389, up 2.16% in 24 hours.
read moreElon Musk’s X Payment Rumors Spark Optimism for Dogecoin Price Surge
Speculation surrounding Elon Musk’s upcoming X Payment system is driving optimism for Dogecoin’s price surge. Influencers and experts suggest that DOGE may be integrated into the platform, which aims to launch in 2025, potentially boosting its value due to Musk’s previous support for the meme coin. Recent comments and developments, including a new government department acronym, further fuel discussions about Dogecoin’s future in the cryptocurrency market.
read moreKamala Harris’s Potential Support for Crypto and Tech Industry Growth
Billionaire investor Mark Cuban believes that Vice President Kamala Harris may be more open to embracing technological innovation and cryptocurrencies than President Joe Biden. Harris’ team has reportedly been engaging with crypto executives to gather input on crypto policies, as she aims to present her agenda at the upcoming Democratic National Convention. Tech industry leaders see an opportunity for Harris to rally support from West Coast tech executives and venture capitalists by addressing issues such as immigration reform for high-skilled workers and clear regulations for artificial intelligence.
read morePrometheum Launches SEC-Compliant Ethereum Custody Service, Setting Regulatory Precedent
Prometheum, a New York-based digital asset firm, has launched the first SEC-compliant Ethereum custody service, treating ETH as a security in line with SEC regulations. The service is designed for institutional clients and aims to expand to retail clients by 2024, potentially setting a precedent for other digital asset companies seeking regulatory compliance. Despite regulatory discrepancies, Prometheum’s move may validate the SEC’s framework and serve as a model for the industry.
read moreThe Risks of Early Retirement and Market Volatility for 401(k) Millionaires
The soaring stock market has created a surge in 401(k) millionaires, but experts caution against early retirement based on market performance due to increasing life expectancy and market volatility. They emphasize the need for retirees to conduct a “stress test” on their retirement plans, factoring in market corrections, life expectancy, inflation, asset drawdowns, and spending projections.
read morePrometheum to Offer Custodial Services for Ethereum, Pressuring SEC for Clarity
Prometheum, a SEC-approved crypto trading platform, is launching custodial services for Ethereum, targeting institutional clients. This move follows their acceptance as a Special Purpose Broker-Dealer by FINRA, allowing them to custody, clear, and settle digital asset securities. The launch of these services could potentially prompt the SEC to address the ambiguity surrounding Ethereum’s classification as a security.
read more