Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Jack Dorsey
Jack Dorsey Promotes Bitcoin Donations for Nigerian Protests
Twitter CEO Jack Dorsey has endorsed the protests taking place in Nigeria against police brutality. In a tweet on October 14, Jack urged his followers to donate Bitcoin to the #endSarse campaign. He also shared a link to a special fund run by a group of Nigerian feminists fighting against police injustice in the nation. The protest began two weeks ago when thousands of youths took to the streets to protest against police brutality. This protest was focused on a special…
5 years ago
Mobile Fintech and Bitcoin Can Eliminate Trips to Local Bank Branch, Says Jack Dorsey
The chief executive of payments company Square and social networking platform Twitter, Jack Dorsey, is mapping out how smartphone features continue to pressure bank branches. The growth of fintech and the expansion of the cryptocurrency space will keep accelerating the digital world of moving money with more onramps, options, integrations and ease of use. This is why the future of local bank branches is questionable and financial professionals are showing concern and suggesting solutions. Dorsey spoke at the 48th Annual…
5 years ago
Square Crypto Issues New Grants to Aid BTC Developers
Square Crypto, announced the awarding of new grants to 2 BTC developers as per a Medium post. This Bitcoin development initiative is a product release of Square Inc, owned by Jack Dorsey. A Bitcoin Core contributor and protocol researcher, Jon Atack, and the prominent BTC developer, Tankred Hase are the recipients of these grants. Hase has been working on enhancing the user experience while simplifying the self-custody of smaller amounts of BTC. The developers are to utilize the grants towards…
5 years ago
Will the New Twitter Investor Remove Jack Dorsey, a Bitcoin Proponent, from His Twitter CEO Position?
A recent report confirmed that Elliott Management Corp secured a significant stake in the social media platform, Twitter. There are claims that the new investor is planning to remove Jack Dorsey from his Twitter CEO position. Elliott management recently appointed four of its representatives to be part of the Twitter’s board. As per the report, Elliott’s problem with Dorsey is that he splits his efforts between working for the success of Twitter, and his payments processor, Square Inc. More About…
5 years ago
Jack Dorsey joins Internet Gurus in Discussing BTC adoption In Africa and Hong-Kong
Twitter and Square Crypto founder, Jack Dorsey held conversations with Africa's and Hong Kong's internet leading lights. Their deliberations centered on the adoption of Bitcoin in the two regions. Mr. Dorsey provided a snapshot of the conference call he held with Dr. Nii Quaynor and Pindar Wong. Dr. Quaynor and Mr. Wong have track records in establishing and developing internet programs in Africa and Hong Kong respectively. Push For Bitcoin Adoption Jack Dorsey has been a strong Bitcoin proponent. He…
5 years ago