Jack Dorsey has confirmed that Bitcoin will soon be an option on the payments platform Block, Inc., the financial technology company led by Jack Dorsey, is preparing to launch Bitcoin payment options through its Square platform. The rollout is set to begin later this year and will expand gradually, with full availability expected in 2026,
Tag: Bitcoin
JPMorgan Changes Stance on Cryptocurrency, Will Allow Clients To Buy Bitcoin
The bank has long been opposed to crypto, but could be changing its stance JPMorgan is making a major change in its approach to cryptocurrency. The bank, long known for its critical stance on digital assets, is now preparing to let clients buy Bitcoin. CEO Jamie Dimon confirmed the decision during the bank’s annual investor
Charles Schwab Could Introduce Spot Bitcoin Trading Within a Year
The news was confirmed by company CEO CEO Rick Wurster Charles Schwab could introduce spot Bitcoin trading for customers as early as April 2026, according to the firm’s most recent statements from CEO Rick Wurster. The firm has seen interest in crypto spike with a reported 400% rise in traffic to its digital assets web
Department of Homeland Security Sued for Not Revealing Satoshi Nakamoto
Crypto attorney James Murphy believes the government knows Satoshi’s true identity A lawsuit has been filed against the US Department of Homeland Security (DHS) by crypto attorney James Murphy, who is demanding records that could reveal whether the agency knows the identity of Bitcoin’s creator, Satoshi Nakamoto. The case hinges on comments made in 2019
Bitcoin-Stacking Firm Metaplanet Adds Eric Trump To Board of Advisers
The company expect President Donald Trump’s son to help it guide its mission Metaplanet, a Bitcoin-focused investment firm, has announced the addition of Eric Trump to its newly formed strategic board of advisers. The move is part of the company’s broader plan to position itself as a major force in the Bitcoin economy, with Trump
A Sole Bitcoin Miner Captures Mining Reward Using a Basic Mining Rig
The miner earned $263,000 with a relatively simple Bitaxe mining machine A solo Bitcoin miner has recently achieved a remarkable feat by using a basic mining rig to capture a full mining reward worth $263,000. This miner, who used a small, affordable 480-gigahash per second (GH/s) Bitaxe machine, solved a block in the blockchain and
US Commerce Secretary Suggests Government Considering Bitcoin-Only Reserve
Commerce Secretary Howard Lutnick expects the government to advance crypto support The US government is considering establishing a strategic Bitcoin reserve, with Commerce Secretary Howard Lutnick confirming that plans will be unveiled at the upcoming White House Crypto Summit tomorrow. The proposal, led by the Trump administration, aims to give Bitcoin a central role in
Bitcoin Quantum-Resistance Reportedly Closer With Microsoft Chip
Microsoft claims to be able to help better secure crypto with its new technology Microsoft’s latest quantum computing chip, Majorana 1, has sparked discussions about Bitcoin’s preparedness for a potential quantum threat. According to Bitcoin exchange River, this new development could accelerate the timeline for making Bitcoin quantum-resistant. 1 million qubits can potentially crack a
The Bitcoin-To Gold-Ratio Has Hit A New All-Time High
Bitcoin continues its latest meteoric rise, taking on the strength of gold The Bitcoin-to-gold ratio has reached a new all-time high, reflecting Bitcoin’s increasing purchasing power compared to gold. On December 16, the ratio climbed to 40 ounces of gold per Bitcoin as Bitcoin’s price surged above $106,000 for the first time. Meanwhile, gold was
Alabama Auditor Thinks Now’s The Right Time To Get Into Cryptocurrency
The recent surge in Bitcoin has more people talking about investing Alabama State Auditor Andrew Sorrell has expressed optimism about the potential benefits of cryptocurrency for the state, calling it an opportune moment to embrace digital assets. In a recent interview, Sorrell, a long-time crypto advocate, proposed the idea of creating a state Bitcoin reserve
Virgin Voyages’ New Annual Pass Program To Accept Crypto Payments
The company claims to be the first cruise line to accept crypto for its operations Virgin Voyages has unveiled its latest innovation in the cruise industry: an Annual Pass program launching in 2025, which will allow customers to pay using cryptocurrency. This makes Virgin Voyages the first cruise line to integrate Bitcoin payments into its
Coinbase Drops Wrapped Bitcoin Coverage in December
The exchange doesn’t feel the Bitcoin offshoot is meeting its obligations Coinbase has announced it will halt trading of Wrapped Bitcoin (WBTC) on December 19, 2024, due to the token no longer meeting its listing standards. This decision affects all trading on Coinbase platforms, including Advanced Trade, Coinbase Exchange, and Coinbase Prime. Users will still