Dogecoin Payments For Cars: The Quiet Promise That Tesla’s New Code Carries

Elon Musk has confirmed that X Money, the internal payments layer for the social media platform X, is now operational. Despite this significant development, Dogecoin, a cryptocurrency often associated with Musk, has shown little market reaction. This update was shared in a brief response to developer Nima Owji on December 10, indicating that the feature has been launched internally.

El Salvador has partnered with Elon Musk's xAI to implement AI-powered education across 5,000 schools, aiming to enhance learning for one million students. This initiative marks a significant step in integrating technology into the country's educational framework, following its pioneering adoption of Bitcoin as legal tender.

SpaceX has recently moved a significant amount of its Bitcoin holdings, specifically 1,021 BTC valued at approximately $94.5 million, as part of a broader strategy to consolidate its assets ahead of a potential initial public offering (IPO). This transaction is part of a series of moves totaling 8,910 BTC this year.

Ethereum founder Vitalik Buterin has publicly criticized Elon Musk for the aggressive rhetoric directed at Europe on the social media platform X, suggesting that it is straying from its free-speech ideals towards hostility. Buterin's remarks come amid rising tensions in Europe and concerns over the platform's influence on public discourse.

Dogecoin's price is currently forming a descending triangle pattern at $0.13, indicating a critical phase as it experiences declining highs and stable support levels. This price action suggests increasing breakout pressure as the cryptocurrency navigates through a bearish trend.

SpaceX, led by Elon Musk, is advancing its plans for an initial public offering (IPO) that aims to raise significantly more than $30 billion, with a notable $300 million allocation in Bitcoin. This strategic move integrates cryptocurrency into one of the largest IPOs in history, reflecting the growing intersection of traditional finance and digital assets.