Crypto World

Will Elon Musk’s X Money Feature Crypto Integrations? What We Know So Far

Published

5 hours ago

5 March 2026

Will Elon Musk's X Money Feature Crypto Integrations? What We Know So Far

As part of his ideas when acquiring Twitter a few years ago, Elon Musk touted the plan of turning it into the “everything up.” An important missing piece of that plan for X is its payments arm – X Money.

It appears that the effort is starting to take shape. With Musk’s extensive history and involvement in the crypto industry, the question many now ask is – will it have crypto integrations?

Already Live in Closed Beta

During a presentation in February 2026, Elon Musk said that X Money is already live and that the app is being handled in a closed beta within the company.

He also confirmed that it should soon move to a limited external beta before eventually rolling it out worldwide.

This is further confirmed by the fact that William Shatner was tapped by the company to give out invites.

Shatner himself shared some screenshots, while also outlining that the app will feature a debit card with cashback available.

Here’s a few more screenshots. There’s a debit card with cash back too! 😳😱 pic.twitter.com/yeKE1gXAjQ
— William Shatner (@WilliamShatner) March 3, 2026

What About Crypto, Though?

Musk has been pretty vocal in his involvement with the industry, especially when it comes to Dogecoin. Let’s not forget that he spearheaded a government agency that carries the DOGE abbreviation after all. Amusingly enough, his posts about the meme coin have caused multiple massive price pumps.

Indeed, it seems that the most entertaining outcome is the most likely.

Musk reposted a tweet by Teslaconomics, which, among other things, outlined the following:

… Then, there will be high-yield savings, you can invest, you can get loans, have money market accounts, maybe even treasury access, cool smart cashtags that let you see live stock prices in your timeline and execute trades seamlessly, crypto integration, potentially full asset management…

Musk simply said, “This will be big.”

But what does it mean for crypto? Well, even if X Money does support crypto payments, it wouldn’t be the first one. Many financial applications, including Revolut, support crypto transactions. Even PayPal does.

So, it’s not necessarily a major catalyst to look forward to, but it certainly cements cryptocurrencies’ place in general finance when it comes to retail-facing applications.

That mass adoption really seems to be en route.

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Crypto World

Oaktree’s Howard Marks says there’s no systemic problem with private credit

Published

27 seconds ago

5 March 2026

NewsAdmin

Oaktree's Howard Marks says there's no systemic problem with private credit

Howard Marks, co-chairman, Oaktree Capital.

Courtesy David A. Grogan | CNBC

Veteran investor Howard Marks said he doesn’t see a widespread problem brewing in private credit, but warned that the sector’s rapid expansion over the past 15 years could expose weaker lenders when markets eventually turn.

“There’s not a systemic problem with private credit,” Marks, co-chairman and co-founder of Oaktree Capital, said Thursday on CNBC’s “Money Movers.”

The noted investor said that the risk stems from the pace of expansion in direct lending, which has ballooned to a market now exceeding $1 trillion from its early development around 2011.

His comments come as sentiment toward direct lenders has soured following the collapse of auto-related borrowers Tricolor and First Brands. Much of the concern has centered on loans made to software companies as investors worry that artificial intelligence could disrupt those businesses.

“There’s a saying in the banking business that the worst of loans are made in the best of times. We’ve seen 17 years of good times. When the stuff hits the fan, or as Warren Buffett would say, when the tide goes out, we will find out whose credit analysis was discerning, who made fewer software loans to the better company,” Marks said.

The pressure has already begun to show up in fund flows. Investors pulled nearly 8% from Blackstone Inc.’s flagship private credit fund in the most recent quarter, highlighting growing caution among allocators.

Marks said it’s impossible to predict when exactly the cycle will turn.

“The things that affect the investment world so profoundly are the things that were not foreseen,” Marks said. “If they could be foreseen … anticipated and adjusted to and factored into prices, they wouldn’t have that cataclysmic effect.”

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Crypto World

Ethereum Taps $2.2K as Traders Brace for a Potential Trend Change

Published

6 minutes ago

5 March 2026

NewsAdmin

Ethereum Taps $2.2K as Traders Brace for a Potential Trend Change

Market analysts said Ether’s (ETH) uptrend was confirmed after the latest 25% recovery to $2,200 from its multi-year lows below $1,800.

Key takeaways:

Ether rose to $2,200 on Wednesday, as onchain data shows signs of returning demand.
ETH price support around $2,100 remains key for the bulls to hold.

Ether sellers are “losing control”

Ether’s net taker volume suggests that “sellers may be losing control” as demand for ETH derivatives returned, data from CryptoQuant shows.

Net taker volume, a metric that measures the imbalance between buyers and sellers in derivatives markets, has flipped positive after being in negative territory for nearly two months.

This negative regime coincided with the bear market drawdown, indicating sustained aggressive selling across derivatives markets.

“The latest prints show flows starting to turn positive, suggesting that seller dominance may be fading,” CryptoQuant analyst MorenoDV_ said in a recent Quicktake post, adding:

“Historically, shifts from prolonged negative taker pressure toward positive territory often precede short covering rallies and liquidity-driven rebounds, particularly after periods of forced selling.”

*ETH: Net taker volume. Source: CryptoQuant*

The return in ETH demand is also reflected by Ether’s Coinbase Premium Index, which has risen to levels last seen in December 2025.

After being negative for several months, the index has flipped positive, pointing to a return in demand from US investors, which could propel the ETH price higher.

“This indicates that US buying pressure remains positive,” CryptoQuant analyst CW8900 said, adding:

“If the Coinbase premium rises further, the rally will accelerate.”

*Ether Coinbase premium index. Source: CryptoQuant*

Meanwhile, demand for spot Ether ETFs continues to recover, with these investment products recording $169.4 million in inflows on Wednesday. This shows the return of demand from institutional investors.

*Spot ETH ETFs flows table. Source: Farside Investors*

ETH traders anticipate a price rebound

Ether’s latest breakout must, however, not pull back below the $1,750 mark, according to analysts.

Trader and analyst Crypto Patel said that the $1,750 support must hold for “bulls to stay in control,” with the upside target set at “$2,500-$2,600.

“Lose $1,750 and bears take over again.”

*ETH/USD daily chart. Source: Crypto Patel*

Commenting on Ether’s Thursday push above $2,000, analyst Bren said a “larger bounce above $2,200 is likely.”

Meanwhile, Man of Bitcoin said that a successful retest of $2,100 support after the current retracement could open the path to $3,400 or higher.

As Cointelegraph reported, a daily candlestick close above $2,100 will revive the hopes of a recovery toward the 50-day simple moving average (SMA) at $2,381. A break above this level will mean that the corrective phase may be over.