Anthony Scaramucci, founder of SkyBridge Capital and a long-time crypto advocate, anticipates that Elon Musk will integrate digital assets into X's planned "super app." Despite not speaking directly with Musk, Scaramucci, as an investor in SpaceX, xAI, and X, has insights into these ventures. He predicts Musk will shift focus from political matters to overhauling X.

Scaramucci believes Musk will create a super app on X utilizing cryptocurrency, though the specific mechanism is unclear. He suggests possibilities such as Musk's own coin (similar to Telegram), a stablecoin, or another digital instrument. This contrasts with Musk's previous statement that his companies would not launch a native crypto token, leaving open the question of whether X will use existing assets like Bitcoin, Dogecoin, or stablecoins.

Musk's ambition to transform X into a major financial institution, inspired by China's WeChat, underpins Scaramucci's predictions. X's partnership with Visa for an X Money Account, a digital wallet for peer-to-peer transactions, marks the first step towards this vision.

Scaramucci also reiterated his market views, crediting the Trump administration for pro-crypto policies and maintaining that Bitcoin serves as both an inflation hedge and a risk asset. He noted Bitcoin's recent correlation with gold due to inflows into BlackRock and other ETFs.

In related news, the impact of Donald Trump’s tariffs are starting to be felt, sending bitcoin higher. Earnings from Robinhood, Microsoft, and Meta beat estimates and Ripple's offer to buy Circle was rejected.