Jack Dorsey Tweets Moon As Bitcoin Hits All-Time Price High
Today, the price of Bitcoin hit a brand new all time high of $66,000 and the Twitter and Square CEO is taking notice.The price of Bitcoin is absolutely ripping on this fine Wednesday morning, and Twitter and Square CEO J...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Today, the price of Bitcoin hit a brand new all time high of $66,000 and the Twitter and Square CEO is taking notice.
The price of Bitcoin is absolutely ripping on this fine Wednesday morning, and Twitter and Square CEO Jack Dorsey has definitely taken notice.
After seeing the price of Bitcoin hit new all-time highs against other fiat currencies such as the yen, euro, and the won yesterday, it failed to see a new high against the dollar. But today, BTC is taking no prisoners by skyrocketing past its previous all-time high of $64,840 to over $66,000, with no signs of slowing down.
Image SourceJack Dorsey has been a Bitcoin advocate for quite some time and has placed furthering Bitcoin as one of his top priorities. Recently, he announced that Square was considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. Earlier this year at Bitcoin 2021 in Miami, Dorsey said that if Bitcoin was in dire need of his help, he would leave Twitter and Square for it.
To help further Bitcoin, Dorsey and Square decided to build a secure yet user-friendly mobile Bitcoin wallet designed for mainstream adoption. He emphasized that the importance of this wallet is to help solve the question of how to get BTC into the hands of the next 100 million users in a noncustodial fashion. “It’s important to us to build an inclusive product that brings a noncustodial solution to the global market,” said Dorsey. “Bitcoin is for everyone.”
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin MagazineRelated market context
Jack Dorsey’s Block Gifts One Bitcoin to Lucky ComplexCon Attendee
Bitcoin Magazine Jack Dorsey’s Block Gifts One Bitcoin to Lucky ComplexCon Attendee Jack Dorsey’s Block is pushing so hard for bit...
Bitcoin Price Set for a Boost: Arthur Hayes Bets on an AI Boom Bust
As Bitcoin price slid toward $83,800, $4000 million in leveraged crypto longs were liquidated within one hour. This is a sharp rem...
OKX Secures Circle, Ripple and Standard Chartered Backing at $25B Valuation
Key Takeaways: OKX raised funding with Circle, Ripple, QRT, and SC Ventures with a valuation of $25B. The deal is a continuation o...
Elon Musk Grok AI Predicts Bitcoin Could Hit $1M by 2027
Elon Musk’s Grok AI predicts a wild price target for Bitcoin through the end of 2026, claiming that in a full-blown bull market, c...
Moomoo Adds Crossover’s Crypto Execution Network for US Retail Traders
Crossover Markets has partnered with Moomoo to provide the investment platform with access to its CROSSx digital asset execution n...
XRP Price Eyes New Catalyst as Ripple Partners With South Korea’s Meritz
Ripple and South Korean brokerage Meritz Securities have signed a strategic partnership to assess Ripple Custody and Ripple’s toke...