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…
Square
Social Media Giant Twitter Could Add Bitcoin To Portfolio Says CFO
Twitter CFO Ned Segal has hinted that the Social Media giant could add bitcoin to its balance sheets. This comes on the back of increasing demand for bitcoins from institutions in recent weeks. Twitter could join Bitcoin Train Segal revealed this stance in an interview with CNBC on February 10, 2021, when quizzed about cryptocurrencies. The Twitter chief stated that the tech giant might consider bitcoin depending on a few factors. Segal explained that if Twitter employees and clients request…
4 years ago
Twitter CEO Jack Dorsey Now Runs A Full Bitcoin Node
Twitter CEO and Bitcoin enthusiast Jack Dorsey have set up his bitcoin node to validate the bitcoin network's transactions. Dorsey shared an image on Twitter that showed the node in the synchronization phase alongside the quote "Running #bitcoin." https://twitter.com/jack/status/1357588751757627393 To complete the synchronization with the Bitcoin blockchain, Dorsey will have to download the chain's entire history. Bitcoin blockchain has a total block size of around 325GB, and synchronization could take weeks to complete depending on the internet speed and computing…
4 years ago
Jack Dorsey’s Square Launches $10M Clean Energy Initiative For Bitcoin Mining
U.S.-based payment and financial services company Square Inc has announced a $10 million clean energy initiative for Bitcoin mining. The company disclosed this as part of its plans to go carbon neutral for its operations by 2030. According to the announcement, the Bitcoin Clean Energy Investment Initiative will support companies promoting green energy tech and renewable energy within the Bitcoin mining ecosystem. Square has also collaborated with Watershed as a measure in reducing the carbon footprint of the Bitcoin network.…
5 years ago
Analyst Reveals Why Current Bull Run is Different from 2017 Bull Run
The current Bitcoin (BTC) bull run has been remarkable, with the leading coin surging in recent weeks and hitting milestones. Bitcoin recently broke its all-time high, and bets are open when it finally crosses the symbolic $20,000 mark. Different Reasons Unlike In 2017 influence Bitcoin Bull Run Although Bitcoin is hitting similar highs of 2017, the bull run is different, according to Pierce Crosby, CEO of TradingView. In a recent interview, Crosby shared his thought on the current bullish run…
5 years ago