X Product Manager Nikita Bier Teases Cryptocurrency Amid Market Collapse

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X’s chief product officer, Nikita Bier, suggested on Tuesday that the platform could launch a cryptocurrency-related product, sparking speculation across the industry.

The post attracted attention because it came just weeks before the expected launch of X Money, a payments product and digital wallet that Elon Musk unveiled as part of his plan to expand X into a broader financial platform.

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The post quickly sparked reactions across the cryptocurrency industry, prompting immediate speculation on the potential resurgence of Bitcoin (BTC) X, Solana-related initiatives, stablecoins, as well as prediction markets.

Some users also questioned whether Bier’s ties to Solana might influence the perception of any crypto initiative at X.

Cointelegraph reached out to X for comment but did not receive a response via publication.

Source: Nikita Bier

Bitcoin payments are coming back into focus

Coinbase was among the accounts that launched Bitcoin as one possible destination, suggesting that X could consider bringing the asset back into the platform’s product lineup.

While the idea is speculative, it is reminiscent of Bitcoin payment concepts previously explored under Twitter’s original leadership when founder Jack Dorsey oversaw the launch of Bitcoin tipping via the Lightning Network in 2021.

Source: Coinbase

This feature came later withdrawn due to a change in the monetization strategy of Twitter creators after the company was acquired by Musk in 2022 for $44 billion.

X Money is expected to premiere this month

Bier’s post came as X was preparing to launch X Money, which has been in the works since Musk acquired the social media platform. The project has face to face opposition from U.S. lawmakers, including Senator Elizabeth Warren, largely over concerns about access to users’ personal financial data and broader regulatory oversight.

Source: Elon Musk

Still, Musk said in March that X Money would launch in April.

Bier’s role in the Solana Foundation

Nikita Bier joined X as head of product in June 2025, a few months after taking on an advisory role at the Solana Foundation in March.

Mary he said joined the project to lend a hand “selected companies launch and develop their applications,” focusing on consumer-facing mobile products built on the web.

He said Solana has reached a stage where “apps can now top the charts,” adding that his role will be to lend a hand promising companies scale and bring mobile solutions into the mainstream.

Source: Nikita Bier

Some community members expressed skepticism about X’s potential “crypto fix” move, citing Bier’s ties to Solana.

Related: X Considers New Rules for First Crypto Posts Due to Turtle Scam

“I have no idea what he’s shooting, but my gut tells me it’s not good” – Pledditor he wrote with an X, indicating Bier’s role in Solana.

Some users too excellent Musk’s repeated public support for Dogecoin (DOGE), increasing skepticism of X’s plans.

Warehouse: Should users be able to place war and death bets on prediction markets?

Cointelegraph is committed to independent and see-through journalism. This news article has been produced in accordance with Cointelegraph’s Editorial Policy and is intended to provide correct and up-to-date information. Readers are encouraged to verify the information themselves. Read our Editorial Policy https://cointelegraph.com/editorial-policy
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