📌 TOPINDIATOURS Update crypto: Elon Musk’s X to Integrate Stock and Crypto Trading

Social media platform X, formerly known as Twitter, is set to integrate stock and cryptocurrency trading directly into user feeds.

This move marks a significant escalation in Elon Musk’s bid to transform the platform into a dominant player in financial technology.

X Confirms Crypto Trading Rollout via ‘Smart Cashtags’

On February 14, Nikita Bier, X’s head of product, said the new functionality will allow users to execute trades immediately after discovering an asset on their timeline.

The feature centers on “Smart Cashtags,” an evolution of the platform’s existing indexing system. Currently, users prefix ticker symbols with dollar signs—such as $BTC for Bitcoin—to create clickable links.

Under the new system, tapping these symbols will display live price charts and related posts, and offer direct trading options.

This development is the company’s latest move to reduce friction when switching between social media and brokerage applications. By bridging these functions, the update potentially accelerates how quickly retail investors can act on information

The integration is a cornerstone of Musk’s broader strategy to evolve X into an “everything app.” Notably, he has championed this concept since acquiring the company in 2022.

The vision mirrors the utility of Asian “super apps” that combine messaging, social networking, and payments.

Over the past years, X has ramped up efforts to build a financial ecosystem. The firm has laid the groundwork for peer-to-peer transfers, daily consumer payments, and now, active investing.

However, the intersection of social media hype and financial speculation poses moderation challenges.

Bier noted that while the company intends for cryptocurrency to proliferate on the platform, it remains cautious regarding user experience.

He warned that applications that create incentives for spam, raiding, or harassment will not be supported. According to him, such behavior “meaningfully degrades the experience for millions of people.”

So, as X transitions from a town square to a trading floor, the company faces the dual challenge of competing with established brokerage firms while navigating the regulatory complexities inherent in facilitating financial transactions for a global user base.

The post Elon Musk’s X to Integrate Stock and Crypto Trading Directly Into Timeline appeared first on BeInCrypto.

🔗 Sumber: www.beincrypto.com

📌 TOPINDIATOURS Hot crypto: Analysis Puts Bitcoin Price ‘Ultimate’ Bear Market Bot

Bitcoin may not have hit true capitulation yet. On chain analytics firm CryptoQuant is warning that the real bear market floor could sit closer to $55,000. That is lower than many bulls want to admit.

If their data is right, the market still has some pain to process before a proper structural base forms. Weak hands may not be fully flushed. And until that final reset happens, calling this the ultimate bottom might be a bit premature.

Is The Selling Finally Over?

CryptoQuant says we are still in a normal bear phase, not the extreme panic zone that usually marks once in a cycle buying opportunities. In their view, bottoms are not single candles. They are long, messy processes that take time to build.

Meanwhile, price action keeps slipping. ETF outflows are stacking up and Bitcoin losing $66,000 has traders nervous. But according to the data, we still have not seen the kind of pain that typically resets the market.

Bitcoin price is trading more than 25% above its realized price, a level that has historically acted as strong support.

In past cycles like 2018 and the FTX collapse, Bitcoin bottomed 24% to 30% below realized price. If that pattern plays out again, the $55,000 area becomes the zone to watch.

Realized Losses And Valuation Metrics

The latest CryptoQuant data shows real damage under the surface.

On February 5, Bitcoin holders locked in $5.4 billion in daily losses as price slid 14% to $62,000. That was the biggest single day loss since March 2023.

But even with those numbers, key valuation metrics are not flashing full bottom yet.

The MVRV ratio has not dropped into the extreme undervalued zone that usually shows up at cycle lows. The NUPL metric also has not hit the deep unrealized loss levels that typically mark capitulation.

Long term holders tell a similar story. Right now, many are selling around breakeven. In past bear market bottoms, they were sitting on losses of 30% to 40%.

If history is any guide, the final phase of capitulation may require a deeper reset before a durable floor forms. Until then, patience may prove more valuable than premature bottom calls.

If Bitcoin Needs Another Reset, Bitcoin Hyper Does Not

When analysts start talking about “true capitulation,” it means one thing. Bitcoin could stay slow and heavy for longer than bulls expect.

That is not the environment for explosive base-layer moves.

Bitcoin Hyper ($HYPER) is built for momentum regardless of where BTC chops. This Bitcoin-focused Layer-2, powered by Solana technology, adds speed, lower fees, and real on-chain utility without touching Bitcoin core security.

Bitcoin Hyper is already gaining traction. The presale has raised over $31 million so far, with $HYPER priced at $0.0136751 before the next increase, plus staking rewards up to 37%.

If Bitcoin needs more time to bottom, Bitcoin Hyper is positioned to move during the wait.

Visit the Official Bitcoin Hyper Website Here

The post Analysis Puts Bitcoin Price ‘Ultimate’ Bear Market Bottom Near $55,000 appeared first on Cryptonews.

🔗 Sumber: cryptonews.com