“`html Jack Dorsey, co-creator of Twitter and CEO of payments company Block, has introduced a fresh product aimed at assisting small enterprises in accepting and storing bitcoin as a substitute for conventional card payments. The innovative Square bitcoin wallet will allow US merchants using the firm’s sales platform to automatically convert a portion of their daily earnings into bitcoin, with zero transaction fees until 2027. Starting this week, vendors on Square’s bitcoin system can choose to auto-convert a segment of their daily card income into bitcoin, while from 10 November, they will be able to accept bitcoin payments directly and…
Autore: wsjcrypto
“`html Reliable Editorial material, audited by premier industry authorities and experienced editors. Advertisement Disclosure Helius aims to broaden its Solana treasury to no less than 5% of the cryptocurrency’s supply and is contemplating a second listing in Hong Kong. Solana Digital Asset Treasury Firm Helius Targeting At Least 5% Of SOL As disclosed by Wu Blockchain, NASDAQ-listed Helius Medical Technologies is strategizing to procure a minimum of 5% of the complete SOL supply. This information arises from a dialogue between the Hong Kong Economic Times (HKET) and Joseph Chee, Executive Chairman of Helius and Chairman of Summer Capital. Helius Medical…
“`html Jack Dorsey, creator of the payments firm Square, has advocated for the implementation of a de minimis tax relief on minor Bitcoin (BTC) transactions to facilitate making the cryptocurrency more appropriate for daily transactions.“We desire Bitcoin to be everyday currency promptly,” Dorsey declared on Wednesday, subsequent to Square’s adoption of Bitcoin payment solutions for retailers utilizing the firm’s checkout and point-of-sale systems.His remarks attracted the attention of Wyoming Senator Cynthia Lummis, who presented a de minimis tax provision as part of a standalone cryptocurrency tax bill in July, exempting BTC transactions valued at $300 or less from capital gains…
“`html Solana (SOL) is presenting a robust bullish configuration as it develops a traditional cup and handle design on the monthly chart. With the 1.618 Fibonacci target resting around $425 and the monthly MACD preparing for a golden cross, momentum is rapidly escalating. As rumors about a prospective Solana ETF approval intensify, traders are watching what could be the commencement of a significant breakout surge. Cup And Handle Configuration Indicates A Significant Bullish Setup Lark Davis, a prominent crypto analyst, recently expressed an encouraging perspective on SOL, underscoring a notable technical formation that may pave the way for a substantial…
“`html THE AUTHORITIES have identified 421 “phantom” infrastructure initiatives throughout the Philippines after verifying approximately 8,000 public works, the Department of Public Works and Highways (DPWH) reported on Thursday, signifying one of the most significant corruption warning signs uncovered under the Marcos administration. “From the 8,000 projects validated nationwide, 421 were confirmed as phantom projects,” Public Works Secretary Vivencio B. Dizon articulated during a livestreamed news briefing. The projects were confirmed by the Armed Forces of the Philippines, Department of National Defense, and Department of Economy, Planning and Development. These discoveries are part of an ongoing investigation into irregularities concerning…
“`html Main highlights:Bitcoin faces potential new lows this October as sellers reclaim dominance and BTC price exploration is stalled.Key targets include the recent range lows around $108,000 amidst bearish divergences.There is a lack of strength as daily declines approach 3%.Bitcoin (BTC) approached weekly lows following Thursday’s Wall Street opening as sellers prevented bulls from engaging in price exploration.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBitcoin “probably” to pave the way for shorts nextInsights from Cointelegraph Markets Pro and TradingView indicated that BTC/USD dropped below $120,000.With a daily drop nearing 3%, the pair continued to navigate through bid liquidity on exchange order books.“The market…
“`html Nigel Farage is anticipated to connect with Sir Jim Ratcliffe, the billionaire entrepreneur and originator of Ineos, prior to Christmas as Reform UK hastens efforts to cultivate connections with prominent British business leaders. Ratcliffe, who co-possesses Manchester United and ranks among the UK’s wealthiest individuals with an estimated net worth of £23.5 billion, verified that Farage had solicited the meeting during a discussion for The Business, a fresh podcast by The Times. The Ineos chairman, recognized for his candid opinions on energy policy, has been one of the most vocal adversaries of Britain’s net zero objectives, denouncing strategies to…
“`html Institutional interest in Bitcoin has escalated to extraordinary and unprecedented heights this year. As of October 8, global bitcoin exchange-traded products (ETPs) and publicly listed firms have collectively acquired 944,330 BTC — already exceeding the total amount bought throughout all of 2024. For context, these institutions have purchased approximately 7.4 times the fresh supply of bitcoins mined this year. With three months left in 2025, it’s reasonable to predict that this pace will only increase. Bitcoin institutional statistics from September According to a monthly report shared by Bitcoin Treasuries with Bitcoin Magazine, public and private treasuries accumulated a total of…
“`html The UK administration has ultimately removed its restriction on cryptocurrency exchange-traded notes, referencing an evolution of the sector and an improved comprehension of digital asset offerings. In a revelation on Wednesday, the Financial Conduct Authority (FCA) detailed that individual investors can now access crypto ETNs through FCA-sanctioned exchanges located in the UK. A crypto exchange-traded note is a debt instrument enabling an investor to attain exposure to a cryptocurrency without possessing the underlying asset. These varieties of products are essentially traded in a manner akin to any other security, with foundational crypto securely held by regulated custodians.“Since we limited retail access…
“`html Trusted Editorial material, evaluated by prominent industry professionals and experienced editors. Ad Disclosure Bitcoin’s ascent shows no indications of halting, and one of crypto’s most vocal supporters asserts that the surge could persist as long as governments keep augmenting the money supply. In his CNBC discussion, Anthony Pompliano referred to Bitcoin as a “savings solution” and contended that individuals can safeguard their earnings by allocating a portion of their resources into BTC. Reports have revealed that Bitcoin recently achieved an unprecedented high of $126,100 and was trading around $122,500 at the time of publication, figures that provide context for…