Elon Musk’s SpaceX Ignites Chatter With Another Bitcoin Transfer to New Wallets

SpaceX has transferred 1,163 Bitcoin, valued at approximately $105 million, to a new wallet linked to Coinbase Prime, reducing its on-chain holdings to 6,095 BTC. This move comes as Bitcoin has recently surpassed the $90,000 mark after a period of volatility and selling pressure in the market.

XRP is currently trading at $2.18, maintaining a market cap of $131 billion, while traders closely monitor the $2.16–$2.25 corridor for potential price movements. This stability comes amidst a backdrop of recent volatility in the cryptocurrency market, where XRP has seen fluctuations in its value.

SpaceX has transferred 1,163 Bitcoin, valued at approximately $105 million, to a new wallet linked to Coinbase Prime, reducing its total on-chain holdings to 6,095 BTC. This transfer follows a previous move of 1,215 Bitcoins worth $133.7 million, indicating a strategic shift in asset management by the company.

Bitcoin's price is currently trading between $90,658 and $91,394, showing momentum as it approaches recent highs, with a peak of $91,849 noted in the past 24 hours. This upward movement follows a period of volatility where Bitcoin's price fluctuated significantly, including a dip to $80,000.

SpaceX has transferred 1,163 Bitcoin, valued at approximately $105 million, to a new wallet linked to Coinbase Prime, reducing its on-chain holdings to 6,095 BTC. This move comes after a period of dormancy for the transferred assets, indicating a potential custody reshuffle rather than a sale of the cryptocurrency.

SpaceX has transferred 1,163 Bitcoin, valued at approximately $105 million, to a new wallet linked to Coinbase Prime, reducing its on-chain holdings to 6,095 BTC. This significant movement underscores the increasing involvement of major corporations in managing substantial cryptocurrency assets.

Bitcoin's price has stabilized around the $86,000 mark, showing resilience after recent fluctuations that saw it dip to $80,000. This level of support is being closely monitored by analysts as it may indicate a potential market bottom or a temporary rebound.

Bitget Wallet has launched a new bank transfer feature that connects stablecoins, specifically USDT and USDC, to over 80 banking systems in Nigeria and Mexico. This initiative aims to facilitate easier transactions between cryptocurrency and traditional banking systems in these regions.