– Square launches Bitcoin Conversations campaign rewarding first 20,000 users $50 BTC – Jack Dorsey’s Square incentivizes 20,000 sellers with $50 Bitcoin gift
Square's Bitcoin Campaign for Merchants
- Square, founded by Jack Dorsey, launched a Bitcoin promotional campaign on October 31.
- The first 20,000 US sellers to enable Bitcoin Conversations will receive $50 in Bitcoin.
- Bitcoin Conversations is a feature in the Square app allowing merchants to discuss Bitcoin-related topics.
- This initiative is part of Square's strategy to integrate Bitcoin transactions among small and medium-sized businesses.
Bitcoin ETF and Market Sentiment
- Bitcoin price rebounded by 2% but struggles with the $110,000 resistance level due to ETF withdrawals and cautious trade talks.
- US corporate interest in Bitcoin remains strong; Coinbase added 2,772 BTC to its holdings in Q3.
- Strategy reported a $20 billion unrealized Bitcoin gain in Q3 earnings.
- Prenetics increased its Bitcoin holdings to 378 BTC following a recent acquisition.
Maxi Doge Presale
- Maxi Doge, a meme-based leverage trading project, has raised over $3.9 million in its presale.
- The project offers up to 1000x leverage, with each token priced at $0.00026.