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Jack Dorsey’s Block (SQ) Q1 2024 Shareholder Letter; Doubles Down on Bitcoin

Cryptopolitan 03 May 2024
Jack Dorsey has certainly been an avid believer in Bitcoin and blockchain technology. His recent keeps living up to his firm belief in a future where Bitcoin’s use cases are well refined ... According to him, making Bitcoin more usable every day means seeing Bitcoin as a medium of exchange, realizing Satoshi Nakamoto’s original dream for the cryptocurrency ... has always been heavily involved with Bitcoin and Blockchain technology.

Michael Saylor Attacks Ethereum Calling It A Security, Disapproves spot ETF

CoinGape 03 May 2024
Securities and Exchange Commission (SEC) would never approve a spot Ethereum ETF ... #BitcoinThere is No Second Best pic.twitter.com/PLDgwGwF9J ... He firmly asserted that Bitcoin (BTC) stands alone in achieving full institutional acceptance ... MicroStrategy’s founder is renowned for his unwavering focus on Bitcoin ... boost the Bitcoin ecosystem.

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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Jack Dorsey’s Block (SQ) Q1 2024 Shareholder Letter; Doubles Down on Bitcoin

Cryptopolitan 03 May 2024
According to him, making Bitcoin more usable every day means seeing Bitcoin as a medium of exchange, realizing Satoshi Nakamoto’s original dream for the cryptocurrency ... has always been heavily involved with Bitcoin and Blockchain technology.
Edit

Michael Saylor Attacks Ethereum Calling It A Security, Disapproves spot ETF

CoinGape 03 May 2024
Securities and Exchange Commission (SEC) would never approve a spot Ethereum ETF ... #Bitcoin – There is No Second Best pic.twitter.com/PLDgwGwF9J ... He firmly asserted that Bitcoin (BTC) stands alone in achieving full institutional acceptance.
Edit

23,000 Bitcoin Options Set to Expire Today, Where Will BTC Price Swing Next?

CoinGape 03 May 2024
The Bitcoin (BTC) price has bounced back once again by 4% in the last 24 hours moving closer to $60,000, ahead of the weekly Bitcoin options expiry ... Securities and Exchange Commission to approve options for Bitcoin ETFs.
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JPMorgan Waves Red Flag: Urges Caution As Crypto Market Teeters on Edge

Bitcoinist 03 May 2024
The analysis further points out that while spot Bitcoin exchange-traded funds (ETFs) have experienced outflows, retail enthusiasm for stocks has also fallen ... #Bitcoin is at the end of the correction.
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Coinbase Rides Bitcoin ETF Wave as Profits Soar past $1B in Q1

Finance Magnates 03 May 2024
The cryptocurrency exchange experienced an uptick in its market share across US spot and derivatives trading, along with reaching record highs in Coinbase Prime usage and USDC market capitalization ... Impact of Bitcoin ETFs.
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MoonPay Expands Crypto Purchasing Options For US Users With PayPal Integration

Bitcoinist 03 May 2024
In 2023, Binance.US partnered with MoonPay to address regulatory challenges faced by the exchange, particularly following increased scrutiny from the US Securities and Exchange Commission (SEC).
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Coinbase Talks About SEC Lawsuits and Political Donations In Investor Letter

CoinGape 03 May 2024
On Thursday, May 2, cryptocurrency exchange Coinbase (NASDAQ. COIN) announced its Q1 results with higher-than-expected revenue amid the strong run-up in the cryptocurrency market and the launch of the spot Bitcoin ETFs.
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Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin-Based Identity Solution

CryptoPotato 03 May 2024
MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea ... “Saylor is using Bitcoin as his own personal and corporate data store.”.
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Michael Saylor Delivers Bitcoin Masterclass To Fortune 1000 Companies

Bitcoin Magazine 03 May 2024
Bitcoin for Corporations, MicroStrategy Executive Chairman Michael Saylor delivered a masterclass on corporate finance and the power of bitcoin to supercharge corporate balance sheets ... Bitcoin is a capital ratchet ... Bitcoin is the place to stand.”.
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Prepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex

CryptoPotato 03 May 2024
Bitcoin is struggling to climb above the $60,000 mark after a devastating downtrend this week ... Bitcoin Consolidation to Continue ... He noted that Bitcoin’s behavior has echoed what happened in 2016, during a similar phase in the market cycle.
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Jack Dorsey’s Block Boosts Its Bitcoin Bet With 10% Gain Reinvestment

CoinGape 03 May 2024
Block Inc., the former Square, which is owned by Jack Dorsey, has declared that it will reinvest 10% of its Bitcoin-related gross profits into Bitcoin ... Focus on Bitcoin and Technological Innovations. As part of its commitment to Bitcoin, Block Inc.
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Jack Dorsey’s Block To Invest 10% Of Bitcoin Profits Into Monthly BTC Buys

Bitcoinist 03 May 2024
Jack Dorsey’s financial services and digital payments company, Block Inc., announced it will begin investing 10% of its monthly Bitcoin-related gross profits into BTC purchases ... Dorsey’s Block Will DCA Into Bitcoin.
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Bitcoin’s Make-Or-Break Moment: Trading Guru Predicts Rally Amid Market Uncertainty

NewsBTC 03 May 2024
Seasoned trader Peter Brandt has reignited discussions with a bullish Bitcoin forecast that could see the premier cryptocurrency soar to new heights ... Brandt’s Bullish Bitcoin Vision.
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Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”

NewsBTC 03 May 2024
An analyst has pointed out how Bitcoin recently closed below a historically important on-chain level, a failure to reclaim which could spell trouble for BTC. Bitcoin Fell Below Short-Term Holder Cost Basis In Latest Crash.
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