Jack Dorsey – CEO of Square – recently announced that CashApp would be available to anyone 13 years and older. Notably, CashApp offers users the opportunity to easily purchase Bitcoin alongside stocks. This may mean that, in the near future, teenagers could start purchasing BTC. Bitcoin for Teens? The CEO revealed the news for teens...Read More
Bitcoin may be a store of value for a few, a hedge against inflation, or digital gold for many. The asset’s institutionalization has made one thing clear, Bitcoin is not for weak hands and it may mean different things to different people. It may be an asset class like commodities, a legitimized medium of exchange,...Read More
The store of value and digital gold narrative has taken markets across spot exchanges by storm. Imagine moving ahead from the store of value narrative, as Bitcoin continues to trade above $18000 and consider the fact that $1000 of Bitcoin purchased a decade ago would be worth approximately $100,000,000 today. When @danheld tweeted about this,...Read More
The cryptocurrency portfolio manager and exchange, Coinbase has announced that Marc Andreessen, co-founder and operating partner at Andreessen Horowitz, one of the world’s leading venture capital firms has joined the Coinbase Board. Marc is followed by Gokul Rajaram, an executive at DoorDash who along with Andreessen will be Coinbase’s new Board members. We’re excited to...Read More
Jack Dorsey’s flirtation with bitcoin is becoming a full-on affair – but the Twitter CEO is love-blind if he can’t see bitcoin’s blemishes. The post Twitter’s Jack Dorsey Is Dangerously Wrong About Bitcoin’s Role as World Currency appeared first on CCN.com The post appeared first on CCNRead More
Since bitcoin and digital currencies have become popular, fiat on and off-ramps have sprung up that allow investors to enter and exit the cryptoconomy. However, many of the entryways into cryptocurrency markets have a hefty fee between 1-4% of the overall purchase and in order to obtain fiat for crypto the fees are just as...Read More
In less than six months’ time, Bitcoin will see an extremely important event. Known as a “halving” or “halvening,” the number of coins issued per block to miners will get cut in half from 12.5 to 6.25, effectively meaning that BTC’s inflation rate will be cut in half in layman’s terms.Related Reading: XRP Could Soon...Read More
Open-source funding in the cryptocurrency ecosystem can be extremely challenging, so well placed grants therein can make a huge difference. That’s why the Square Crypto initiative just went to bat for one talented developer, giving that dev a grant that will help them work full time on the Lightning Network, the proposed second-layer scaling solution...Read More
Twitter’s Jack Dorsey says the world would be better served by an autonomous open-source currency like bitcoin rather than centralized projects owned by companies. No Chance of a ‘Twitter Cryptocurrency’ Speaking to The Sydney Morning Herald, the Twitter founder declared that he had no intention of creating a Twitter cryptocurrency. Commenting on the matter, Dorsey...Read More
Square Crypto, the cryptocurrency branch of Jack Dorsey’s Square, touted the virtues of bitcoin giveaways but didn’t actually give any away. | Source: Shutterstock Square Crypto, the cryptocurrency unit of Jack Dorsey’s mobile-payment company Square, extolled the virtues of gimmicky bitcoin giveaways. But then it didn’t offer to give any away. What a crypto tease!...Read More
In July 2019, the United States Fed cut rates by 25 basis points, causing a massive sell-off across most assets and further fueling global economic concerns surrounding a growing trade war between the United States and China. The constant back-and-forth flip-flopping between the two country’s leaders is creating much uncertainty and fear in global markets,...Read More
Square Crypto, the division of the publicly traded payments company that focuses exclusively on bitcoin, just hired one of the world’s most prolific bitcoin developers. Chaincode Labs alum and Blockstream co-founder Matt Corallo previously authored notable efficiency improvements such as the rust-lightning implementation, which makes it easier for users to build and interact with layers...Read More
In an ongoing race to ensure sustainability, crypto businesses are hiring the best brains in the crypto market. In this light, Blockstream co-founder Matt Corallo recently joined Square Crypto, the crypto arm of payments company Square. The information was made public through an official tweet from Square Crypto, which read, “BIG NEWS: Please welcome @TheBlueMatt...Read More
