Jack Dorsey Takes Square Deep Down the Bitcoin Rabbit Hole
The payments giant’s name change to Block caps off a transformational year.
E-Commerce Giant Mercado Libre Taps Paxos to Power Crypto Service in Brazil
Users of Mercado Pago will be able to buy and sell bitcoin, ether and the USDP stablecoin starting in December.
The Radical Pluralism of Money
Money must not always be a unit of account, store of value and medium of exchange.
Analysts Expect Positive Bitcoin Returns in December
New data on average returns for bitcoin by month reveals BTC has positive returns in the fourth quarter, which is why some traders remain poised for a year-end rally across cryptocurrencies. Yet, based on seasonal data, BTC’s upside could be limited as January tends to produce negative returns.
Could Jack Dorsey Be Taking Square Deep Down the Bitcoin Rabbit Hole?
Following the announcement payments giant Square will be changing its corporate name to Block, CoinDesk's David Z. Morris shares insights into his article examining Jack Dorsey's bitcoin trajectory. Could Jack Dorsey be moving to transform Square into a crypto and blockchain firm?
Quadency CEO: $100K Bitcoin By End of Year
Bitcoin’s long-term momentum is starting to fade, which could limit price gains this month, but some remain bullish for the short term. Rosh Singh, co-founder and CEO of crypto trading platform Quadency, discusses why he thinks bitcoin could reach $100K by the end of 2021 and what metrics he’s watching to support this prediction.
Bitcoin Struggles Near Resistance; Support at $53K
Long-term momentum is starting to fade, which could limit price gains this month.
Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans: Sources
U.S. banks want to use bitcoin as loan collateral without touching the bitcoin.
Goldman Sachs Sees Crypto Options Markets as ‘Next Big Step’ for Institutional Adoption
While CME Group’s bitcoin futures contracts initially lured in Wall Street firms, Goldman’s head of crypto trading says options are “more versatile.”
I/O Fund Founder: 'Square's Name Change to Block Is a Defensive Move'
Digital payments giant Square Inc. has changed its name to Block. I/O Fund Founder & CEO Beth Kindig discusses the significance underlying this name change, saying, "It's a defensive move ... [and] not a move coming from strength." Plus, evaluating the next big tech stocks and the importance of keeping a "large allocation of bitcoin" in one's financial profile. "Bitcoin is an amazing hedge for inflation," Kindig said.