Bitcoin and major cryptocurrencies upturn on good news, adding $114B to the crypto market

    Bitcoin surged above $39,000 on Sunday for the first time since mid-June after recent bullish comments from Twitter CEO Jack Dorsey and Tesla CEO Elon Musk. Experts attributed the moves to the lowering concerns over the environmental impact of Bitcoin mining and China’s regulatory crackdown. Despite a recent fall below $30,000, Bitcoin surged up nearly…

    Jack Dorsey hopes Bitcoin will ‘create world peace’

    Square CEO, Twitter founder, and long-time Bitcoin advocate Jack Dorsey has high hopes cryptocurrency will help bring about world peace. “My hope is that it creates world peace or helps create world peace,” he said during a “The B Word” conference on Wednesday. Tesla CEO Elon Musk and ARK Invest founder Cathie Wood were also…

    Square is building a DeFi business using Bitcoin

    Square CEO Jack Dorsey announced on Twitter the fintech company to create a new standalone business that will act as a platform for developers to build decentralized finance (DeFi) projects based on Bitcoin. The new business will combine the efforts of CashApp, Seller, and Tidal in the same goal of decentralized financial services. Dorsey named…

    Twitter gives away a collection of 140 NFTs

    Twitter Inc. on June 30 has announced the launch of its own collection of non-fungible tokens (NFT), which will be available on Rarible. The company will give away 140 new NFTs, the social network’s first official raid into digital assets, which are growing popular since the beginning of the year. On Wednesday, the San Francisco-based…

    Square’s Considering Making A Bitcoin Hardware Wallet – Jack Dorsey On Twitter

    Payments company Square is considering creating a non-custodial hardware wallet for Bitcoin, the Square CEO, Jack Dorsey, said on Friday. Usually, cryptocurrency wallets can be stored offline or online at crypto exchanges, desks where Bitcoin can be bought and sold for fiat currencies or other virtual tokens. A non-custodial wallet gives you sole control of…