Guys don't be panic for $BTC red candles at all. If you mis | Chief_MinterArmy on Binance Square

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Guys don't be panic for $BTC red candles at all. If you missed making entry for $SOL and other $AVAX then this is the right time to buy Sol and other Alt Coins to generate handsome Profit.

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BTC

65,790

+0.11%

SOL

156.93

-0.27%

AVAX

29.41

-2.48%

312

0

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Robinhood (HOOD) Launches its Crypto Trading App in the EU Robinhood Markets, Inc. HOOD introduced the Robinhood Crypto application for eligible iOS and Android customers throughout the European Union (EU). The platform enables customers to trade more than 25 cryptocurrencies including Bitcoin, Ether and Solana’s SOL. This is in line with HOOD’s plans to expand globally. This is the first ever custodial crypto platform where the customers would be entitled to receive a percentage of their trading volumes back every month in the form of Bitcoins. Also, new customers would earn up to 1 Bitcoin when they sign up for this account and make a trade of at least €10. Further, existing customers could win 1 Bitcoin for each approved referral if the referred person trades €10 of crypto. This is however, a limited time offer. Johann Kerbrat, general manager of Robinhood Crypto stated, “We believe crypto is the financial framework for tomorrow and that it plays a significant role in our mission to democratize finance for all”. He added, “For this reason, we’re thrilled to expand crypto trading to customers throughout the EU, enabling them to buy and sell their favorite tokens safely and securely. The EU has developed one of the world’s most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans”. Along with having low cost Robinhood Crypto trading platform provides a mechanism where customers can see that there are no hidden fees involved in the transactions. Also, HOOD displays the spread on application, showing the rebate that it receives on sell and buy orders. Thus, the process of revenue generation by the company is made transparent for the customers. #HOOD

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Jack Dorsey’s Block opens up preorders for Bitcoin hardware wallet Bitkey in more than 95 countries Block, the payments company led by former Twitter CEO Jack Dorsey, announced on Thursday that Bitkey, a physical device on which customers can store Bitcoin, was officially open for preorders in more than 95 countries. The Bitcoin wallet will ship in early 2024 and cost $150 in the U.S., a purchase price that includes the actual wallet, a charging cable, a mobile app, as well as recovery tools. In an interview with Fortune, Lindsey Grossman, the business lead for Bitkey, touted the wide international availability of the hardware wallet but said that Block was focusing on a select number of countries to promote its new device. She pointed to the U.S., the U.K., Canada, Nigeria, Argentina, Mexico, and India as key markets where Block believes customers would use Bitcoin for both long-term savings as well as cross-border payments. She declined to specify any internal sales projections for the hardware wallet and said that, currently, Bitkey is not available in any brick-and-mortar stores. However, Block is “definitely open to partnerships and exploring that,” she added. The opening of Bitkey to the general public follows an open beta for the device announced in June, and it continues Dorsey and Block’s commitment to Bitcoin across the company’s business verticals, despite the cryptocurrency’s lack of centrality to Block’s current quarterly revenue. Formerly known as Square, Block derives the majority of its profits from its digital wallet Cash App as well as its payments offering for businesses, Square. In the third quarter of 2023, Dorsey’s firm generated a gross profit of $1.9 billion. The profit derived from customers’ purchase and sale of Bitcoin, which Dorsey integrated into Cash App in 2018, was only $45 million. That said, Dorsey is a noted Bitcoin evangelist, and in 2021, he changed the name of his payments company to Block to signify the firm’s commitment to integrating Bitcoin into its core business.

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Jack Dorsey’s Block Launches “Bitkey” Self Custody Bitcoin Wallet Financial payment processor Block, co-founded by Jack Dorsey, has unveiled its self-custody Bitcoin wallet called "Bitkey." In an announcement on December 7, developers revealed that the wallet will be available as a mobile app or hardware storage and accessible in over 95 countries. Bitkey features a two-of-three multi-signature wallet, which consists of a mobile key, a hardware key, and a server key. It incorporates a secure hardware device and recovery tools in case of loss. To approve transactions, users will need to authenticate with both their fingerprint and phone. Coinbase and Cash App are among the initial global partners for Bitkey. Block emphasized that Bitkey employs three keys to secure Bitcoin, requiring any two keys to work together for moving Bitcoin or authorizing security-related actions like recovery or modifying settings. The wallet, operating in a 2-of-3 multi-signature framework, ensures that Bitkey cannot access or move a customer's Bitcoin without their participation. In the third quarter of 2023, Block reported impressive financial results, recording $5.62 billion in revenue driven by strong sales growth from payment processors Cash App and Square. The company also achieved a $44 million profit on its Bitcoin investments, benefiting from the recent price recovery of BTC. Furthermore, Bitcoin transaction gross profit reached $45 million, a 22% increase year-over-year, with Block selling $2.42 billion worth of BTC to customers through Cash App. #BTC #binance

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Bitcoin continues climbing, Block releases hardware wallet, Robinhood expands to EU and VCs may see some relief soon It seems like there’s a pep in every crypto person’s step as Bitcoin had another strong week, increasing over 15% to around $44,000, during a seven-day period, according to CoinMarketCap data. Ethereum, the second largest crypto by market capitalization, also increased over 15% during that time frame, to around $2,300. In general, the total crypto market cap steadily rose 14% from about $1.4 trillion to $1.6 trillion in the past week as more capital enters the crypto market. As Bitcoin climbs, it also rejoins the top 10 club for the “top assets by market cap” globally. Bitcoin ranked in at number nine, trailing behind stocks like Nvidia, Amazon, Google, Saudi Aramco, Microsoft, Apple and precious metals like gold and silver, according to CompaniesMarketCap data. Bitcoin’s total market cap is currently about $854 billion, which accounts for over half of the total crypto market cap. #BTC

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