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Elon Musk’s SpaceX wallet stirs Bitcoin fears as SPCX sinks 25%

Elon Musk’s SpaceX wallet stirs Bitcoin fears as SPCX sinks 25%

SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100. According to Arkham Intelligence, a wallet linked to Elon Musk’s SpaceX…

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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

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