# Coinbase and Square lead new crypto lobbying effort

# Coinbase and Square lead new crypto lobbying effort

“# Coinbase and Square lead new crypto lobbying effort ” Major stakeholders in the cryptocurrency scene, like Coinbase and Square, have formed an alliance to better relate with policymakers and regulators on the subject of crypto regulations. They are joined by other major players in the cryptocurrency scene, such as Fidelity Digital Assets and crypto-focused investment…

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# ‘Existential threat’ to Bitcoin-investing companies from carbon fallout

# ‘Existential threat’ to Bitcoin-investing companies from carbon fallout

“# ‘Existential threat’ to Bitcoin-investing companies from carbon fallout ” Allocating capital to Bitcoin risks a backlash from environmentally conscious investors, according to author and co-anchor of CNBC’s Squawk Box, Andrew Ross Sorkin. In a piece for the International New York Times, syndicated worldwide, Sorkin pointed to statements by Lawrence Fink, CEO of Black Rock…

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# Square’s 7M stake in Tidal could unlock DLT features, analyst says

# Square’s $297M stake in Tidal could unlock DLT features, analyst says

“# Square’s $297M stake in Tidal could unlock DLT features, analyst says ” Square’s majority stake in Jay-Z’s streaming service Tidal could potentially result in some blockchain-related functionalities on the platform, according to one analyst. Avivah Litan, a technology analyst at consulting company Gartner, suggested that Square’s $297 million investment could push Tidal to start…

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#Square buys majority stake in Tidal, adds Jay-Z to board

#Square buys majority stake in Tidal, adds Jay-Z to board

“#Square buys majority stake in Tidal, adds Jay-Z to board” Square has reached a deal with Jay-Z to take control of Tidal in an attempt to rejuvenate the struggling music streamer. The Jack Dorsey-led financial services firm will pay $297 million in cash and stock for a “significant majority ownership stake” in Tidal, which the…

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#Bitcoin rebounds after Square, MicroStrategy purchases

#Bitcoin rebounds after Square, MicroStrategy purchases

“#Bitcoin rebounds after Square, MicroStrategy purchases” Bitcoin climbed back above the $50,000 mark Wednesday after getting another vote of confidence from major companies not named Tesla. The world’s biggest cryptocurrency recovered from its steep Tuesday plunge to trade up 4.1 percent at $50,710.12 as of 8:11 a.m. after climbing as high as $51,445.67 overnight, according…

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# Bitcoin price retakes K as investor voices relief at ‘healthy correction’

# Bitcoin price retakes $50K as investor voices relief at ‘healthy correction’

“# Bitcoin price retakes $50K as investor voices relief at ‘healthy correction’ ” Bitcoin (BTC) hit back to reclaim $50,000 on Feb. 24 amid fresh bullish comments from major investors. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price exits $40,000 range Data from Cointelegraph Markets and TradingView tracked a 14% rise from Tuesday’s lows over…

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# Square doubles down on Bitcoin, investing another 0M

# Square doubles down on Bitcoin, investing another $170M

“# Square doubles down on Bitcoin, investing another $170M ” Financial services outfit Square just announced it has picked up more Bitcoin.  Square “has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million,” the company said in a public statement on Tuesday, adding: “Combined with Square’s previous purchase of $50 million in…

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