Elon Musk Cosigns X Money Post, But Does It Have Anything To Do With Dogecoin?

  vor 2 Monaten

Elon Musk’s intentions to launch a financial services app have not been a secret, but the question mostly has been how Dogecoin fits into that dream . Musk was the primary reason for Dogecoin’s legendary 33,000% rally back in 2021, calling it his favorite cryptocurrency. Now that the billionaire has secured money transmission licenses in over 40 US states, the dream looks to be coming true. Following this, an X user, who goes by Teslaconomics, has broken down why X Money will be a game-changer. The Future Everything App The X post focused on Elon Musk’s X Money and what the billionaire plans to do with it. Essentially, X Money is expected to be the western version of WeChat, a Chinese app that allows users to communicate, as well as transact, all in one place. According to Musk’s previous comments, he plans to make it possible that X users to do everything finance-related without having to leave the app. This even goes as far as not needing a traditional bank for transactions , being able to get paid in the app, pay bills, etc. Another major thing that the user highlights is that X Money would allow users to actually have high-yield savings. Additionally, investment options are to be made available, as well as sets being able to access loans, operate money market accounts, with the possibility of treasury access. Perhaps the most interesting thing about the post is the fact that it highlights that the X Money feature is already being tested internally. Furthermore, a limited external beta test is expected to roll out soon, which means this financial app may be closer to reality than people think. Can Dogecoin Still Make The Cut? While the X Money feature is getting a lot of attention and Musk cosigned the Teslaconomics post, there has been no mention of Dogecoin anywhere. The anticipation that Dogecoin would become a payment method on X has been high since Musk acquired the crypto platform and added the option for crypto tips. However, an official Dogecoin payment method has yet to be announced. Nevertheless, there are still areas where Musk has shown support for Dogecoin payments. One of these is acceptance of Dogecoin as a payment method for Tesla merchandize. However, there has been no official integration on the X app.

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Ethereum Price Prediction: $2,147 Breakout Could Send ETH Toward $2,400

  vor 2 Monaten

Ethereum is testing a key breakout zone after two separate chart analyses pointed to narrow resistance levels just overhead. If buyers clear them, ETH could target higher supply zones, but if momentum fades, the price may slip back toward support. Ethereum Price Faces Key Breakout Level at $2,147 Ethereum approached a critical resistance level near $2,147 on the four hour chart, according to data shared by Ali Martinez on X. The chart shows ETH trading inside a horizontal range for several weeks before pushing toward the upper boundary. This level now acts as a technical decision zone where price momentum may either continue upward or stall. Ethereum 4H Resistance Levels: Source: Ali Charts / X Price action between mid February and early March shows repeated reactions inside a range roughly between $1,813 support and $2,147 resistance. Buyers defended the lower zone several times. Meanwhile, sellers rejected attempts near the upper boundary. As a result, Ethereum moved sideways while forming multiple short term swings inside the channel. However, the latest move shows ETH climbing back toward the $2,147 resistance line. According to the chart levels highlighted by Martinez, a confirmed move above that zone would shift attention to the next supply areas. The first resistance sits near $2,335, while the next potential barrier appears higher around $2,542. These levels represent areas where previous trading activity concentrated. Therefore, they often attract increased selling pressure when price revisits them. If Ethereum holds above $2,147, traders will likely monitor how price reacts near those zones. At the same time, the lower range near $1,973 and $1,813 remains the main support structure that previously stabilized the market during pullbacks. Ethereum Break Above $2,100 Shifts Focus to $2,150 Resistance Meanwhile, Ethereum moved above the $2,100 level on the daily chart, signaling a potential change in short term momentum. According to analysis shared by Ted Pillows on X, the next critical threshold now sits near $2,150, where a confirmed daily close could strengthen the upward structure. Ethereum Daily Support and Resistance Zones: Source: Ted Pillows / X The chart shows Ethereum previously falling from higher resistance zones before stabilizing near lower support levels. After that decline, the asset began forming a recovery structure while pushing back above the $2,100 area. This level now acts as a pivot where buyers attempt to regain control of the trend. However, the analysis notes that Ethereum still requires a daily close above $2,150 to confirm continuation toward the next major supply zone. If that move occurs, the next visible resistance area appears near $2,400, where earlier trading activity created a concentration of sell orders. At the same time, the chart highlights downside risk if the breakout attempt fails. Without confirmation above $2,150, Ethereum could return to test the $2,000 support zone again. That level previously acted as a stabilization area during recent consolidation phases.

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SEC Files Proposed Settlement to Drop Most Claims Against Justin Sun and Tron

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The U.S. Securities and Exchange Commission moved to end its civil case against Justin Sun and the Tron entities on March 5, 2026, after filing a proposed settlement in federal court. Under the deal, Rainberry Inc. would pay a $10 million civil penalty, while the SEC would dismiss its remaining claims against Rainberry and all claims against Sun, Tron Foundation Limited, and BitTorrent Foundation Ltd., if the court approves the resolution. The SEC said the settlement covers its wash trading claim against Rainberry under Section 17(a)(3) of the Securities Act. The agency added that Rainberry would be permanently barred from violating that provision. At the same time, the regulator filed to dismiss a separate pending claim against DeAndre Cortez Way, known as Soulja Boy. The case began in March 2023 and later expanded through an amended complaint in April 2024. The SEC had accused Sun and his companies of illegally distributing Tronix and BitTorrent tokens, inflating trading activity, and hiding payments to celebrity promoters. Reuters reported that the regulator alleged Sun generated about $31 million through fraudulent trades. SEC narrows case to Rainberry wash trading claim In its March 5 litigation release, the SEC said Rainberry allegedly facilitated wash trading in 2018 and 2019 to inflate TRX trading volume. The agency described wash trading as transactions without a real change in beneficial ownership, which can create a false picture of market demand. The proposed judgment does not require Sun or the Tron entities to admit or deny wrongdoing on the settled claim. Reuters said the SEC confirmed that point in a letter to U.S. District Judge Edgardo Ramos in Manhattan. Court approval is still required before the settlement becomes final. This outcome sharply reduces a case that once targeted several parts of the Tron ecosystem. Instead of pursuing the broader complaint through trial, the SEC is now asking the court to approve a narrower resolution centered on Rainberry and then close the rest of the action with prejudice. Why the settlement matters now Reuters reported that the SEC paused the case in February 2025 to explore a possible resolution. The settlement now lands during a wider shift in U.S . crypto enforcement, as the agency has recently pulled back or reworked several digital asset cases filed in earlier years. Sun said on X that the SEC had moved to dismiss all claims against him, the Tron Foundation, and the BitTorrent Foundation, adding that the resolution brought closure. The SEC did not offer further public comment beyond its filing and litigation release. For Tron, the immediate result is legal relief, but the court still has the final word. Until Judge Ramos signs off, the $10 million settlement remains a proposed deal rather than a completed judgment.

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The 30-Day Countdown: Bitcoin’s ‘Golden Cross’ Signal Points to Explosive Rally

  vor 2 Monaten

Bitcoin’s deviation from its price compression below $70,000 didn’t last long despite the price surge to $74,000 on Wednesday, and the asset struggles below $68,000 as of press time. Although it has essentially returned to its familiar trading range as of the past month, one analyst believes the best is yet to come, at least according to the BTC Inter-exchange Flow Pulse metric. 30 to 40 Days for the Next Rally? CW noted on X that the metric, which tracks the flows of BTC between spot and derivatives exchanges, had just formed a golden cross, which has acted as the catalyst for an “explosive upward movement” in the past. However, the rally hasn’t been instant after the formation of such a golden cross in previous years. The analyst said that it took BTC roughly 30 days to go on a wild run after the bear market had ended in 2019. In 2023, the necessary timeframe went up by 10 days. As such, CW believes the next month could be similarly choppy for bitcoin as the previous one was, but added that “the trend has reversed, and an explosive upward rally is not far away.” The $BTC Inter-exchange Flow Pulse (IFP) has formed a golden cross. This indicator’s golden cross marks the beginning of an explosive upward movement. However, the rally did not begin immediately after the golden cross. In 2019, the explosive upward movement began 30 days… https://t.co/QZDHPO9oZs pic.twitter.com/6oVS7mlG01 — CW (@CW8900) March 7, 2026 Late Bitcoin Buyers to Be Humiliated? Merlijn The Trader also weighed in on BTC’s current cycle and latest moves, indicating that the cryptocurrency’s patterns are quite obvious and easy to follow. After each “blow-off top,” which was the early October all-time high of over $126,000, the liquidity drains, momentum fades, and the price returns to the macro trendline. In the case of the current cycle, that level sits around $60,000. He added that as long as BTC doesn’t lose that coveted support for good, the “cycle structure survives.” THE BITCOIN CYCLE ALWAYS HUMILIATES LATE BUYERS. After every blow-off top comes the same pattern. Liquidity drains. Momentum fades. Price returns to the macro trendline. That level now sits near 60K. Hold it and the cycle structure survives. Lose it and history may repeat. pic.twitter.com/XpPsAETajM — Merlijn The Trader (@MerlijnTrader) March 7, 2026 The post The 30-Day Countdown: Bitcoin’s ‘Golden Cross’ Signal Points to Explosive Rally appeared first on CryptoPotato .

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Crypto ETFs Stay Red: Bitcoin Loses $349 Million in Friday Pullback

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Crypto exchange-traded funds (ETFs) ended the week under pressure as bitcoin funds recorded a second consecutive day of heavy outflows. Ether, XRP, and solana ETFs also posted losses, marking another broad selloff across the sector. Bitcoin, Ether ETFs Post Second Straight Day of Heavy Outflows The crypto ETF market closed the week on a cautious

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Crypto Markets Track War Risk as Iran Conflict Endures

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Crypto markets are once again serving as the only open window into how traders are pricing the continuing conflict in the Middle East, with contracts tracking oil, gold and silver on Hyperliquid showing notable moves as the Iran war enters its second week.

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