Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves
· price · Sentiment: bullish
Block is setting aside $764 million for DOJ settlement amid halving Bitcoin profits. This comes as Bitcoin price shows movement post-midterms. Implication: Profitability pressures on Bitcoin service providers could affect ecosystem support.
Sources
- https://bitcoinmagazine.com/news/block-xyz-sets-aside-764-million
- https://news.bitcoin.com/finance/bitcoin-giant-strategy-strc-hits-100-first-time-may-daily-dividends/
- https://news.bitcoin.com/market-updates/bitcoin-price-taps-81k-after-midterms-analysts-warn-trap-set/
- https://cryptobriefing.com/strategy-stretch-strc-returns-par-value/
- https://coingape.com/markets/why-is-the-crypto-market-up-today-as-btc-eth-xrp-and-ada-surge/