Elon Musk is pushing forward with one of the most ambitious transformations of the financial ecosystem: turning X into a fully integrated banking and payments platform through X Money . Early tests suggest that the platform could combine traditional banking features with fintech innovation, potentially reshaping how users interact with money on a global scale. What X Money Is Offering So Far According to early users cited by Bloomberg , X Money is already experimenting with a compelling set of features: Up to 3% cash back on eligible purchases Around 6% interest on cash savings , significantly higher than traditional bank averages Peer-to-peer (P2P) transfers directly within the app An AI-powered financial assistant tracking spending behavior A metal debit card powered by Visa , customized with users’ X handle These offerings position X Money as a direct competitor to fintech companies like SoFi Technologies Inc. , Block Inc. , and LendingClub Corp . Another key shi...

Bitcoin is hovering around $76,350, keeping near a cluster of cost-basis levels that bind different investor cohorts and institutional benchmarks. The convergence of recent buyers’ breakevens with the cost foundation implied by U.S. spot ETFs hints at a delicate near-term support zone around $75,000, even as the market weighs whether the latest price action signals stronger conviction among long-term holders. Key takeaways A tight cost-basis cluster around $75,000 is forming, potentially anchoring near-term price floors as BTC trades near $76k. The one-to-three-month holder average cost basis sits at about $75,620, marking a critical pivot point that previously acted as resistance in March and now could support the bounce. Bitcoin’s adjusted realized price sits at $72,300, with the market briefly closing above this mark, suggesting a broader base of accretive buying for circulating supply outside seven-year holders. US spot Bitcoin ETFs carry an institutional cost basis near $7...

The United States has announced a substantial seizure of Iranian cryptocurrency assets, pegged at nearly $500 million, as part of a broad economic pressure campaign against Tehran. Treasury Secretary Scott Bessent disclosed the figure during an appearance on Fox Business, framing the effort as a continuation of Operation Economic Fury, a sanctions program ordered in March 2025 to sever Iran’s financial lifelines through asset seizures, bank account freezes and secondary sanctions on jurisdictions that continue to purchase Iranian oil. During the interview, Bessent said: “We are freezing bank accounts everywhere. More importantly, we are making people less willing to deal with the regime,” and he added that retirement funds and overseas real estate held by Iranian officials are also being targeted. The update on crypto seizures marks a sharp increase from earlier disclosures, which put the crypto asset total at about $344 million. According to Cointelegraph, the latest figure surpasses ...

Key Insights BNB remains resilient around $600 as investors’ attention turns to the Osaka Mendel update and its immediate implications. Updates to the network will improve transaction finality and fees, increasing adoption and demand in the long run. A double bottom chart formation suggests a positive move once the price crosses above the resistance level at $687. BNB Maintains Stability Before Network Upgrade BNB maintains stability above the $600 mark, following a sharp increase that drove prices close to the $640 mark. After this positive price performance, it seems like the market is taking profits, leading to a slight retreat back to the $620-$630 mark. The current price performance can be attributed to the market’s cautious approach before a critical network event that will shape future price trends. Investors’ focus is currently shifting to the Osaka Mendel hard fork, an upcoming upgrade where node operators will be required to upgrade their systems to stay compatible w...

Key Insights Dogecoin has solid support at $0.095 amid increased whale accumulation. Open interest in futures contracts surges to $1.37 billion. A breakout above $0.1018 may lead to gains up to $0.1172. Dogecoin Firm Above Crucial Support Zone Dogecoin keeps pushing above the important resistance level at $0.095 after experiencing significant corrective moves to the downside over the past weeks. The meme coin, which has corrected about 60% off its October price high, is demonstrating some signs of stabilization. In terms of price movement, the digital asset has been quite flat over the last few days, implying that traders might be waiting for a breakout on either side. In particular, the coin is above its crucial 50-day exponential moving average near $0.0958. $0.10 Resistance Becomes Dominant Obstacle The immediate obstacle for Dogecoin is found at the psychologically important $0.10 area. The area is buttressed by a downtrend line traced from earlier highs in January and Apr...

Binance has opened KGST deposits after completing the stablecoin's integration on the TRON TRC20 network. The update gives users a new supported route for moving the Kyrgyz Som Stablecoin on Binance. Withdrawals are not yet live, as the exchange said they will open after enough liquidity is available. Binance Adds KGST Support on TRON Binance announced that KGST deposits are now available through the TRC20 network. Users can send the stablecoin to Binance by choosing the supported network on the deposit page. The exchange asked users to check all transfer details before sending funds. It also advised users to avoid using unsupported networks for KGST transfers. KGST is a stablecoin linked to the Kyrgyz som, the national currency of Kyrgyzstan. Its support on TRON may help users move the token with lower fees. https://twitter.com/justinsuntron/status/2049803825503158783?s=20 Meanwhile, the listing adds another fiat-linked asset to Binance's supported crypto options. It also give...

Ripple Expands Its UAE Base Ripple has opened a new Middle East and Africa regional headquarters in Dubai’s DIFC, expanding its footprint in the UAE. The move reflects rising demand for regulated blockchain payment solutions across the region. It also supports Ripple’s plan to grow its local team and strengthen partnerships with financial institutions operating in the Middle East and Africa markets. New Headquarters Supports Regional Growth Ripple said the new DIFC office can support a larger team. The company now has capacity to double its regional operations. The expansion comes as more firms seek regulated blockchain payment services. Banks and financial companies are also testing digital asset tools. Reece Merrick, Managing Director for Middle East and Africa at Ripple, said, “In recent years the Middle East has become an increasingly vital driver of Ripple's global growth.” He added, “A larger team, based here in Dubai, will enable us to go further in supporting our clients an...