Jack Dorsey’s Block had $5.62B in revenue, $44M in Bitcoin profits in Q3
Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2 that revealed a profitable quarter for the firm, surpassing analyst estimates. The firm saw $5.62 billion in revenue in the third quarter of 2023, boosted by strong revenue ...
Small Islands, big problems: Can Bitcoin fix this? Cointelegraph Cape Verde video
Cointelegraph recently traveled to Cape Verde, West Africa, to explore whether Bitcoin (BTC) could be a tool for progress.In the latest on-the-ground video documentary from Cointelegraph, global reporter Joe Hall investigates the remittances market, cash economies, and the challenges and o ...
Ray Dalio Reevaluates ‘Cash Is Trash’ Mantra, Considers Cash Attractive in Current Environment
Billionaire investor Ray Dalio, known for co-founding Bridgewater Associates, one of the world's largest hedge funds, has stated that the "cash is trash" mantra, which he popularized in the past, is no longer true in the current macroeconomic environment. According to Dalio, recent shifts in financi ...
Central Bank of Israel Outlines Conditions for Launch of Digital Shekel
The Central Bank of Israel has provided an overview of the factors that could potentially trigger the development of its own digital currency, SHAKED. While a final decision has yet to be made, the bank has identified a few key conditions that may lead to the launch of the digital shekel. The ...