Jack Dorseyco-founder and executive chairman of Block Inc. XYZrepeated the Bitcoin BTC/USD-All a strategy of his “Cash app” Digital Wallet Service on Tuesday.
What happened: Dorsey went to X and said, “We are only Bitcoin. And quickly improve”, in response to a post that praised Bitcoin functions from Cash App
The quoted message, called by a Bitcoin Maxi HFSP.eth | Alonesaid that Cash app enables users to convert their direct deposits (eg pay checks) in Bitcoin without any reimbursements or distribution, that is, the difference between buying and selling prices that platforms often charge.
“It is the absolute best way to collect Bitcoin,” said the user.
The post also stated that the recording caps on Bitcoin increased to $ 10,000 a day and $ 25,000 a week, and called it a “huge improvement”. Earlier users were allowed to take Bitcoin up to $ 2,000 in one day and up to $ 5,000 in a week.
See also: Forget Dollars: Willy Woo says that Bitcoin will be priced against the global GDP – ‘Gold was that money, BTC is the Challenger’
Why it matters: Dorsey’s dedication tailored to the push of the company to expand its Bitcoin-related offers.
Publication: 82% of the CFD accounts of the retail trade lose money
The Fintech company launched a dashboard in April to help companies effectively manage their Bitcoin business ownership. It also announced major changes to his self-herbbitcoin wallet, aimed at improved safety, privacy and usability.
Block also prepared for the delivery of his first Bitcoin -Mijnbouwhardware in the second half of the year.
Price action: At the time of writing, BTC exchanged hands at $ 105,431.31, according to 0.03% in the last 24 hours, according to Data from Benzinga Pro.
Block shares rose by 0.14% on the market after hours after closing 2.83% higher at $ 63.51 during the regular session of Tuesday.
The shares showed a very high growthore – a measure of the combined historical expansion of the share in income and turnover for several periods. How does it relate to Coinbase Global Inc. Mint And other shares with cryptocurrency-related shares? Visit Benzinga Edge Stock Rankings and discover it.
Photo Coreignity: Frederic Legrand – Comeo on Shutterstock.com
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