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The U.S. Attorney's Office is examining the financial transactions of Jack Dorsey's Block.
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Odell Beckham Jr. has inked a partnership deal with Square CashApp to receive his entire $4.25 million salary for the 2021-2022 NFL season with the Los Angeles Rams in bitcoin (BTC). As part of the partnership deal, Beckham will also…
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The recently announced Bitcoin-focused DeFi project by Square has launched an official white paper detailing the project’s long-term ambitions. tbDEX Unveils White Paper Dubbed tbDEX, the protocol aims to bring decentralized finance (DeFi) to bitcoin (BTC). The project released its…
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Bitcoin (BTC)-friendly Square, Inc. (NYSE: SQ) has recorded another sterling performance in Q2, 2021 and the firm is now looking to expand its payments ecosystem by acquiring Afterpay, according to a press release on August 1, 2021. Square Eyes Afterpay…
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Twitter CEO Jack Dorsey wants to make bitcoin (BTC) a “big part” of the social media platform’s future. Dorsey Inclined to Make Bitcoin a Part of Twitter Twitter CEO Jack Dorsey’s love for bitcoin is well-known and if the company’s…
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Square is planning to develop a new platform for decentralized finance called ”TBD.” The company’s CEO, Jack Dorsey, made the news public through a tweet. Non-custodial DeFi Platform Jack Dorsey announced the development on Thursday, July 15, on Twitter with…
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Jack Dorsey, the co-founder of Twitter and the founder of Square, has revealed that Twitter, BlueSky, or both companies may soon support the Lightning Network. Lightning Network is “Only a Matter of Time” Responding to a request from a Twitter…
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Blockchain technology firm Blockstream allies with Square to push for solar-powered bitcoin mining. Powering Solar-Energy Mined Bitcoin In an announcement made on June 5, blockchain firm Blockstream announced a partnership with Jack Dorsey’s Square Inc. to develop an open-source, solar-powered…
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Jack Dorsey’s Square revenue increased by a massive 266 percent in the first quarter of 2021, thanks to the company’s bitcoin (BTC) business. In an earnings call on May 7, Jack Dorsey made it clear that the company sees bitcoin…
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PayPal will begin allowing U.S. consumers to utilize their crypto holdings to make payments at millions of its online merchants globally, a move that could significantly uplift the use of digital assets in everyday commerce. A Convenient Route for U.S…
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According to a JPMorgan report, institutional and retail bitcoin flows balanced throughout the first quarter of 2021. JPMorgan Analysis Details Retail investors accumulated over 187,000 Bitcoins this quarter as a proxy using Square and Paypal data, compared to approximately 205,000…
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The latest data from Coinmetrics shows that the Bitcoin cumulative transfer value has hit more than 3.5 trillion. The number of bitcoin processed on a single day reached its highest value at the beginning of 2021, as more people display…
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There is a sharp uptick in the number of investors opting for Bitcoin over gold, data from Bloomberg Intelligence reveals. Bitcoin replacing the Old Guard A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar…
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The Covid 19 pandemic fueled cryptocurrency adoption as other currency forms came crashing down as economies took a turn for the worst. Higher Crypto Adoption The crypto community capitalization is officially over with a modest 5.2% adoption rate from groups…
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The social media giant Twitter, on Mar 1, announced a $1.25 billion convertible bond offering. Anthony Pompliano now speculates Jack and his team may be preparing to allocate a portion of funds raised to Bitcoin, following MicroStrategy’s route. Will Twitter…
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U.S. payment processing company Square has made another bitcoin buy, investing $170 million in the biggest crypto by market capitalization. Meanwhile, bitcoin’s recent price dump does not seem to scare away institutional investors. Square’s Bitcoin Purchase Represents 5% of Liquid…
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