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X Launches Bitcoin and XRP Cashtags as Musk Says Most Crypto Are Scams

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By Omar Khalid
Published at May 01, 2026 at 06:00
Updated at May 01, 2026 at 05:475 min read
X Launches Bitcoin and XRP Cashtags as Musk Says Most Crypto Are Scams

• X launched Smart Cashtags for stocks and crypto assets on the web version.
Bitcoin, ETH, XRP, SOL, DOGE, MSTR and TSLA are among supported assets.
• Elon Musk said most crypto assets are scams during OpenAI testimony.

Elon Musk’s social media platform X has expanded its Smart Cashtags feature to web users in the United States and Canada, adding real-time market data for stocks and cryptocurrencies.

The rollout allows users to track assets such as Bitcoin, Ethereum, XRP, Solana, Dogecoin, Tesla, Strategy, and Coinbase directly inside the platform.

X Expands Cashtags to Web Users

The Smart Cashtags tool lets users tap or search ticker symbols to access live price charts, market data, and related discussions.

The feature aims to make X more useful for traders who follow markets in real time. Product updates indicate the company wants to build stronger financial tools into the platform.

X had already introduced the feature to iPhone users earlier and also tested integrations tied to brokerage services.

Bitcoin, XRP and DOGE Included

Supported crypto assets include Bitcoin, ETH, XRP, SOL, DOGE, BONK, USDT, and USDC.

Major stock symbols such as Nvidia, Tesla, Strategy, MARA Holdings, and Coinbase also appear in the new rollout.

This broad support may attract users who actively track both equities and digital assets from one interface.

Musk Says Most Crypto Are Scams

During testimony linked to the OpenAI legal dispute, Elon Musk reportedly said some crypto assets have merit but most are scams.

The comments triggered debate across crypto communities, especially given Musk’s long-standing support for Bitcoin and Dogecoin.

Tesla and SpaceX Bitcoin Holdings

Public blockchain data suggests Tesla and SpaceX continue to hold Bitcoin on their balance sheets.

Tesla reportedly holds more than 11,500 BTC, while SpaceX holds over 8,000 BTC, showing continued corporate exposure to the asset.

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What It Means for Crypto Markets

The launch of Cashtags may improve visibility for major cryptocurrencies by placing real-time data inside a high-traffic social platform.

At the same time, Musk’s comments highlight ongoing skepticism around many digital assets, particularly speculative tokens.

X’s web launch of Smart Cashtags marks another step toward combining social media with market tools.

While Musk questioned much of the crypto sector, support for Bitcoin and Dogecoin appears unchanged, keeping investor attention on both assets.

FAQs

1. What are X Smart Cashtags?

Smart Cashtags let users search or tap ticker symbols to view live charts, prices, and related posts.

2. Which crypto assets are supported?

Bitcoin, ETH, XRP, SOL, DOGE, USDT, USDC, and others are included.

3. Are stocks also supported?

Yes. TSLA, MSTR, NVDA, COIN and several other stocks are available.

4. Where is the feature live now?

The web rollout is reported for users in the U.S. and Canada.

5. What did Elon Musk say about crypto?

He reportedly said some crypto assets have merit, but most are scams.

6. Does Musk still support Bitcoin?

Tesla and SpaceX reportedly continue to hold Bitcoin.

7. Why does this matter for crypto?

The feature may increase visibility and engagement for major digital assets on X.

8. Could X add trading next?

Earlier reports suggested brokerage integrations, which may support future financial services.

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