Lightning Network Dev. Warns Against Marketing Lightning as The Answer to High Bitcoin Fees

In a tweet, Lightning Network infrastructure lead Alex Bosworth wrote: “There’s a bit too much emphasis placed on the idea that LN is all about low fees. Fees on the network are charged at a market rate. We cannot control this market therefore we can’t guarantee low fees all the time. We can remove reasons

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Here’s Why Twitter Shares Surged at Thursday’s Opening Bell

The Dow Jones Industrial Average and other US stock market indices opened to moderate losses on Thursday. However, shares of social media giant Twitter posted strong gains during pre-market trading on Thursday in response to strong analyst forecasts and consolidated them after the opening bell. Bank of America Gives Twitter Stock Double Upgrade to ‘Buy’

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Why Square Shares Surged 15% in 2 Days, Outperforming the Dow

In the past 48 hours, the stock price of Square, a mobile payment company operated by Twitter CEO Jack Dorsey, surged by more than 15 percent, after recording a 10 percent gain on January 7. The short-term recovery of technology stocks, with giants in the likes of Microsoft, Amazon, and Alphabet recording gains in the

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How Did Twitter CEO’s Square Overtake Coinbase as #1 Bitcoin Buying App?

Square, a payment platform for merchants and individual users operated by Twitter CEO Jack Dorsey, has surpassed Coinbase to become the most widely used iOS app to buy Bitcoin (BTC). The platform, called Cash App on Apple’s iOS store, also overtook YouTube to become the number one top free mobile application on the iOS store,

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Bitcoin Accepted [Everyw]here: Square Wins Patent for Cryptocurrency Payment Network

Digital payments firm Square has won a patent for a payment network that allows merchants to accept payments in any currency, including bitcoin or another cryptocurrency. Square Wins Patent for Crypto Payment Network Public documents published on Aug. 21 show that the U.S. Patent & Trademark Office (USPTO) has approved Square’s application to patent a

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Bit by Bitcoin: Square’s Cryptocurrency Profits Doubled in Q2

Bitcoin and other cryptocurrencies may have continued to endure a bear market during the second quarter of 2018, but that did not stop digital payments firm Square from recording a 100 percent increase in BTC profit over Q1. Square, which added bitcoin trading to its peer-to-peer payments app toward the end of last year, reported

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I Want Bitcoin to Be the World’s Single Currency: Apple Co-Founder Steve Wozniak

Apple co-founder Steve Wozniak isn’t convinced that bitcoin will supplant national currencies to become a de facto global currency, but he says that he hopes this will one day be the case. Speaking on the sidelines of Money20/20 Europe, Wozniak told CNBC that he is attracted to the “purity” of the idea that people around

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I Hope Bitcoin Will Be Internet’s ‘Native Currency’: Twitter CEO Jack Dorsey

Jack Dorsey — CEO of both Twitter and Square — hopes that bitcoin will one day be the internet’s native currency. Dorsey made this statement during an interview with Elizabeth Stark of Lightning Labs at a fireside chat today at the Consensus 2018 conference in New York. Dorsey revealed that grew up in St. Louis, MI

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Bitcoin Helps Square’s Stock Bounce

Jack Dorsey’s decision to support bitcoin trading in the Square Cash app is paying off. Payments platform Square Inc, of which Dorsey is at the helm, got a boost on Wednesday after Wall Street analysts said BTC trading would bolster the company’s quarterly results. The app lets customers trade BTC from their Cash App balance almost

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