Jack Dorsey’s Block Mints $207M Profit From Bitcoin Investment, Boosted By Cash App’s Appeal Among High Earners – Block (NYSE:SQ) – Benzinga

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Block Inc.SQ, the financial technology company led by former Twitter CEO Jack Dorsey on Thursday reported a rise in profits from its Bitcoin BTC/USD sales made through the Cash App.What Happened: In the fourth quarter of 2023 , the company saw a gross profit of $66 million—marking a 90% boost year-over-year.According to the firm’s shareholder…

Bitcoin Halving to Push BTC Price At $273K, Demand-Supply Ratio At 13x

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Story Highlights – Bitcoin halving supply cut by 50% will provide strong catalyst to Bitcoin price.- Analysts expect Bitcoin price rally to $273,000 on a conservative basis.The Bitcoin (BTC) price has been facing some selling pressure recently, however, the demand/supply dynamics are completely tilting in its favor.Furthermore, things are likely to get even more interesting…

Cryptocurrency Price Today: Bitcoin Remains Stable, Ethereum Slowly Approaches $3,000

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Cryptocurrency Price Today: Bitcoin Remains Stable, Ethereum Slowly Approaches $3,000 Cryptocurrency price on February 23 quick take: The global market cap stood at $1.95 trillion.Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, remained stable within the $51,000 range early Friday.Ethereum (ETH), on the other hand, is steadily approaching the $3,000 mark over…

Crypto Prices Today: Bitcoin Nears Drop Below $51K, ETH & PEPE Rebound As FIL Rallies

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Story Highlights – Bitcoin inched closer to extend lower than $51,000.- Ethereum was rejected from the $3,000 level.- XRP and Solana registered significant declines.The top crypto prices today saw a mixed action as Bitcoin (BTC) price dropped slightly while some altcoins rebounded.In addition, Ethereum got rejected from the $3,000 level.Meanwhile, other top altcoins, such as…

Bored Ape Creator Yuga Labs Welcomes Back Greg Solano

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Story Highlights – Yuga Labs reignites with Garga as CEO, promising a crypto-native future.- Proof acquisition by Yuga Labs expands NFT ecosystem, welcoming Moonbirds.- Otherside metaverse to become a Web3 hub under Solano’s revitalized vision.Yuga Labs, the creators of the [Bored Ape Yacht Club](https://coingape.com/bored-apes-yacht-club-announces-on-chain-verification-solution-for-builders/) (BAYC), have started a new chapter with the comeback of their…

Crypto market corrects lower, stocks volatile as Fed minutes show reservations about rate cuts | Kitco News

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Cryptocurrency prices trended lower on Wednesday as concerns about the health of the global economy finally caught up with financial markets, with cryptos taking a hit while stocks saw volatility as investors moved to secure the dollar value of their investments amid uncertain times for the global financial system.The weakness across markets came as the…

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