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Square Inc. Places 1% Of Total Assets Into Bitcoin

Square Inc. announced that it has put 1% of its total assets into Bitcoin. The company purchased approximately 4,709 bitcoin at an aggregate purchase price of $50 million.The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.”Square's Chief Financial Officer Amrita Ahuja added "We believe …

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Google Cloud Announces They Are Joining EOS Blockchain Community

Google Cloud has joined the EOS blockchain community with the intent of becoming a block producer which would require approval of the EOS community.Google Cloud developer Allen Day said in a press release: "As organizations begin to incorporate distributed ledger technology into their infrastructures, we are committed to ensuring that the information on public blockchains are securely stored, reliably available, …

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No time to read? Crypto articles too technical? Only want the facts?

Welcome to Crypto News Blocks. We take full-length news articles and summarize them into a handful of easy to read bullet points. Make the most of your downtime and catch up on all the latest news.

Big news. Small Blocks.
MarketCap24hr March1st

Bitcoin (BTC) Blasts Through $11,000 Following Bullish Triangle Breakout

Bitcoin price just smashed back above $11,000 and bulls are now attempting to flip the key level as resistance turned support. The move comes following the breakout of a triangle pattern, and a sudden reappearance of weakness in the dollar’s now short-lived recovery. But the question is, how far will this rally go? Bitcoin Price Reclaims $11,000, But Can Bulls …

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Bitcoin (BTC) Blasts Through $11,000 Following Bullish Triangle Breakout

Trump vs. Biden: $4K gold target as Brandt eyes Bitcoin ‘big buy signal’

Trump vs. Biden: $4K gold target as Brandt eyes Bitcoin ‘big buy signal’
The upcoming U.S. election results can’t stop a fresh gold advance, one analyst says, while Bitcoin is also due fresh bullishness. Gold will gain regardless of whether Donald Trump or Joe Biden wins the election, one analyst says as Bitcoin (BTC) targets $11,000. In an interview with the media division of precious metals giant Kitco on Oct. 7, Frank Holmes, …

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TA: Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $355

Ethereum recovered 4% and it climbed above the $350 pivot against the US Dollar. ETH price could still trim gains if it fails to clear the main $355 resistance zone. Ethereum started a decent recovery wave above the $345 and $350 resistance levels. The price is now well above the 100 hourly simple moving average, but it is facing hurdles …

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TA: Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $355

Community reacts to new DoJ crypto enforcement guidelines

Community reacts to new DoJ crypto enforcement guidelines
The DoJ’s guidance around cryptocurrency enforcement, that cites "crime" and "criminals" 168 times, has been poorly received. The new cryptocurrency enforcement guidelines by the Department of Justice (DoJ) have received a negative response from segments of the crypto community.  Published earlier today by the attorney general for the U.S. William Barr, the DOJ report aims to address the “uniquely dangerous …

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XRP: Three Heads Are Better Than One, But Could Mean No New ATH Until 2023

XRP continues to lag behind the rest of the market, but an inverse head and shoulders pattern has investors hopeful that the altcoin will soon outperform Bitcoin, Ethereum, and others finally after a period of stagnancy. Ripple holders, however, may want to avoid getting ahead of themselves, as two other, much larger matching reversal patterns suggest new all-time highs could …

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XRP: Three Heads Are Better Than One, But Could Mean No New ATH Until 2023

Featured Exchange - Coinmama.com

Featured Exchange - Coinmama.com
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