Tesla Preparing To Launch Bitcoin, Dogecoin Payments Feature? – Crypto News – Crypto News
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Tesla Preparing To Launch Bitcoin, Dogecoin Payments Feature? – Crypto News

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Crypto Newss: It is beyond doubt that billionaire Elon Musk’s Tesla and Twitter are key to mass adoption of cryptocurrencies as a mainstream payments asset class. Automobile company Tesla had on Wednesday shared details about its Bitcoin holdings when it revealed its second-quarter numbers. Earlier, CoinGape Reported that the company’s digital asset holdings remain at $184 million.

Also Read: Terra And Do Kwon Cite XRP Ruling As Precedent To Dismiss US SEC Lawsuit

Musk had on several occasions in the past hinted about having the Bitcoin payments feature on Twitter, although there was no official word on the launch.

Twitter Bitcoin Payments; What’s The Truth?

Word was around in the crypto community that Tesla had added Bitcoin and Dogecoin payment feature to its website source code. In reality, it was found that the keywords Bitcoin and Dogecoin were already existing as part of the code behind the website. In January 2023, the automaker’s website had added the crypto payments feature on its page and remained since, although it did not materialize at the time. However, this gives hope that the Tesla Bitcoin and Tesla Dogecoin payment facility is just around the corner.

It is common knowledge that Elon Musk is closely associated with the Dogecoin community, thanks to his tweet mentions of the memecoin. Hence, it could most likely be a given that Tesla and Twitter will integrate Dogecoin along with bitcoin in the first batch of cryptocurrencies when they launch.

Also Read: Community Mocks Republican For Calling XRP A Security; Analyst Predicts Re-Entry Level

Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at anvesh@coingape.com or twitter.com/BitcoinReddy

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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