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Square Announces Its Purchase of 4,709 Bitcoins for $50 Million

Square Announces Its Purchase of 4,709 Bitcoins for $50 Million

Square, with Jack Dorsey as the CEO, announces it has purchased 4,709 bitcoins for $50 million.

Bitcoin Price Needs to Stay Above This Support Level in Order to Hit a New All-Time High as Whales Decline

Bitcoin Price Needs to Stay Above This Support Level in Order to Hit a New All-Time High as Whales Decline

Cryptocurrency analytics firm Santiment noted that the number of Bitcoin wallets with different amounts of holdings have seen a change this month.

Canada-Based Tahini's Restaurants Trades Entire Cash Reserves For Bitcoin

Canada-Based Tahini's Restaurants Trades Entire Cash Reserves For Bitcoin

Tahinis Restaurants announced that it would be converting all of its cash reserves into Bitcoin.

Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar

Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar

The Federal Reserve Bank of Boston has partnered with the Massachusetts Institute of Technology (MIT) to research the feasibility of cryptocurrencies co-existing with fiat currencies

Paxful Research Reveals How Nigerians Are Fighting Devaluation of Native Currency Naira with Bitcoin

Paxful Research Reveals How Nigerians Are Fighting Devaluation of Native Currency Naira with Bitcoin

The current pandemic has led to a devaluation of Nigeria’s native currency Naira and affected how cryptocurrency trades are conducted in the country.

US Awaits Recession While Bitcoin Becomes the Last Resort

US Awaits Recession While Bitcoin Becomes the Last Resort

The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.

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