Twitter founder Jack Dorsey and rapper Shawn “Jay-Z” Carter will fund a Bitcoin education program for residents of Marcy Houses, a public housing complex in Brooklyn where Jay-Z grew up. Dorsey said he thinks Bitcoin can be an important tool in empowering marginalized communities. Starting this summer, residents of Marcy Houses in Brooklyn will be…

According to a survey conducted by Deloitte, over 85% of merchants are giving high or very high priority to enabling cryptocurrency payments. Furthermore, nearly three-quarters of those surveyed reported plans to accept cryptocurrency or stablecoin payments within the next 24 months. Deloitte, one of the Big Four major financial services firms, published on June 8…

The $1.19 trillion crypto economy is now lower in value than the July 2021 lows. Over the last week, digital currencies like Bitcoin, Ethereum, Cardano, and XRP, have shed significant value against the US dollar, as the top cryptos have lost from 50% to 80% against their all-time highs. During the last seven days, the…