Tagged: jack dorsey

September 7, 2021 @ 7:56 am By Paul H. Jossey  |  

Progressives should love cryptocurrency, the latest innovation that brings power to the people. Turns out, they don’t. Perhaps surprisingly, it is precisely because crypto circumvents the corporate, permissioned, speech-controlled online world that angers progressives. Crypto threatens to nix not just the corporation but also the… Read More

July 26, 2021 @ 8:50 am By Omar Faridi  |  

As Bitcoin prices rally higher, more than 2.1 million $BTC have now “returned to profitability based on their realized price,” according to an update from Glassnode. According to Glassnode, this indicates that 11.2% of the circulating Bitcoin supply has an “on-chain cost basis between $29k… Read More

July 22, 2021 @ 3:21 pm By Tony Zerucha  |  

Bitcoin will return to its previous highs before 2022 thanks in part to more muted support from notable advocates like Elon Musk, Jack Dorsey and Cathie Wood, deVere Group CEO Nigel Green believes. At the July 20 B Word Conference, Musk, Dorsey, and Wood reportedly… Read More

July 15, 2021 @ 5:03 pm By JD Alois  |  

Square (NYSE:SQ) founder and CEO Jack Dorsey revealed a new business line for the company focused on Bitcoin. Dorsey announced the “open developer platform” via his other company Twitter. Dorsey said the goal is to make it easy to create “non-custodial, permissionless, and decentralized financial… Read More

July 3, 2021 @ 3:47 pm By Omar Faridi  |  

The team at NYDIG, a financial services and technology company dedicated to Bitcoin, has taken a look back at the second quarter and the events that “shaped it,” as well as looking forward to key events in the foreseeable future. The report from NYDIG acknowledges… Read More

June 4, 2021 @ 12:04 pm By JD Alois  |  

Jack Dorsey, CEO of both Square (NYSE:SQ) and Twitter (NYSE:TWTR), has tweeted out that a digital wallet may be forthcoming from Square. The tweet was shared in advance of a presentation at the enormous Bitcoin conference taking place in Miami.   Square is considering making… Read More

March 6, 2021 @ 2:50 pm By Omar Faridi  |  

Rob Walker, a Senior writer at Marker on the intersections of design, consumer culture, branding and business, is asking whether Jack Dorsey is playing Jay-Z, or is the billionaire hip-hop artist and entrepreneur playing the Twitter and Square CEO? Walker, a longtime NYT contributor and… Read More

March 4, 2021 @ 9:13 am By JD Alois  |  

Square (NYSE:SQ), a top publicly traded Fintech, has acquired a majority stake in the music streaming service TIDAL. Square founder and CEO Jack Dorsey revealed the investment via Twitter, another company where he is CEO and founder.   Square is acquiring a majority ownership stake… Read More

February 24, 2021 @ 9:02 am By Omar Faridi  |  

Payment company Square Inc (NYSE:SQ) has invested an additional $170 million in Bitcoin (BTC). Square and Twitter CEO Jack Dorsey confirmed on Tuesday (February 23, 2021) that it was time to “double down” on the firm’s commitment to the world’s largest digital currency (in terms… Read More

February 13, 2021 @ 9:40 am By Omar Faridi  |  

Twitter (NYSE:TWTR) CEO Jack Dorsey confirmed on Friday (February 12, 2021) that he has teamed up with legendary billionaire hip-hop artist and businessman Jay-Z to finance and support projects in Africa and India with Bitcoin (BTC). Money lessons from one of the greatest rappers of… Read More

January 7, 2021 @ 10:15 pm By Omar Faridi  |  

Payments company Square‘s (NYSE:SQ) Jack Dorsey has expressed concerns regarding recently proposed Bitcoin (BTC) related regulations. The bitcoin regulations proposed by FinCEN give few useful powers to regulators, greatly roll back economic freedoms while pointlessly surveilling law-abiding people, and create databases of info about who… Read More

April 11, 2020 @ 1:10 pm By Omar Faridi  |  

The US Internal Revenue Service (IRS) confirmed on April 10, 2020 that it would be providing a tool for eligible American citizens and residents who don’t normally submit tax return documents, so that they can get access to government Coronavirus (COVID-19)-related stimulus funds. Soon after… Read More

April 1, 2020 @ 11:28 pm By Omar Faridi  |  

San Francisco-based digital asset exchange Coinbase claims that retail customers purchased Bitcoin (BTC), the flagship cryptocurrency, the most during the March 2020 market crash. As noted in a report from Coinbase (released on March 31, 2020), customers usually purchase about 60% more than they sell…. Read More

March 31, 2020 @ 7:58 am By Omar Faridi  |  

Payments company Square (NYSE:SQ) and Venmo’s parent firm PayPal (NASDAQ:PYPL) are reportedly holding discussions with the US government about potentially using their applications to provide much-needed stimulus payments to American citizens, following the global Coronavirus (COVID-19) outbreak. The new service being proposed by Square and… Read More

March 19, 2020 @ 7:52 pm By Omar Faridi  |  

Square Financial Services, the de novo industrial bank established by payment services firm Square, has received conditional approval from the Federal Deposit Insurance Corporation (FDIC) for its deposit insurance application. The approval gives Square permission to introduce banking services, which it’s reportedly planning to launch… Read More

February 27, 2020 @ 8:41 am By Omar Faridi  |  

San Francisco-based Square, Inc. (NYSE:SQ), a payment and mobile financial service provider, has released its Q4 2019 earnings report, which notably highlights a record-breaking quarter for Bitcoin (BTC)-related transactions. Square’s management revealed that the company handled over $178 million in BTC purchase volumes during the… Read More

December 16, 2019 @ 10:42 pm By Cali Haan  |  

Twitter CEO, Jack Dorsey, announced on Twitter December 11th that the company, “is funding a small independent team of up to five open source architects, engineers, and designers to develop an open and decentralized standard for social media…We’re calling this team @bluesky.” “The goal,” said Dorsey,… Read More

October 30, 2019 @ 9:20 am By JD Alois  |  

CoinList, an offshoot from the team that created AngelList, is launching a compliant cryptocurrency exchange – CoinList Trade. The company called the move a “natural next step” that will allow secondary trading of tokens as well as seamless distribution. CoinList has been a leader in… Read More

September 14, 2019 @ 10:04 am By Omar Faridi  |  

San Francisco-based mobile payments company Square is testing a new feature that allows users to trade stocks through the company’s Cash App.  Square’s employees have been testing out the newly integrated feature, according to Bloomberg. Once it has launched, Cash App users will reportedly be… Read More

September 5, 2019 @ 9:31 am By Cali Haan  |  

Jack Dorsey has reiterated his support for Bitcoin in an interview with The Sydney Morning Herald, and says Twitter has no plans to create a private digital currency for that network. “I think open Internet standards serve every person better than ones controlled or started… Read More