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Jack Dorsey’s Block Eyes 10% Workforce Reduction Amid Business Overhaul: Report

Payments firm Block Inc., led by Jack Dorsey, is preparing to cut as much as 10% of its workforce as it pushes deeper into an efficiency drive, according to a report from Bloomberg. Bloomberg reported this weekend that Block has begun notifying hundreds of employees during annual performance reviews that their roles may be eliminated, […] from Bitcoin News https://ift.tt/51gsnyZ
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Strategy’s Boss Hints at New Bitcoin Accumulation as Unrealized Loss Tops $3.4 Billion

On Sunday, Strategy founder Michael Saylor hinted in a recent X post that his company has likely added to its bitcoin holdings. “Orange Dots Matter,” Saylor said, even as his firm’s current bitcoin position sits below its cost basis. Saylor Sticks to the Script With Another Bitcoin Tease It appears Strategy is poised to disclose […] from Bitcoin News https://ift.tt/aIS5Jop
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Rap Star Drake Uses Stake to Wager $1M in Bitcoin on Patriots Despite Super Bowl LX Odds

Drake has never been shy about betting big, but on the eve of Super Bowl LX, the global music star took it up another notch by placing a $1 million wager on the New England Patriots—despite the majority of betting markets lining up against them. Drake’s $1 Million Stake Bet Backs Patriots The bet, revealed […] from Bitcoin News https://ift.tt/j4A2eBt
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7 Betting Markets, One Favorite: Seahawks Lead Super Bowl LX Odds

Seattle enters Super Bowl LX as the clear favorite across a rare convergence of traditional sportsbooks and prediction markets, with pricing from Bet365, BetMGM, Draftkings, Polymarket, Kalshi, Myriad, and Crypto.com all pointing in the same direction: the Seahawks are expected to defeat the Patriots, even if the exact path there remains contested. Seahawks Hold Edge […] from Bitcoin News https://ift.tt/iefLIrc
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Strike Extends Margin Call Window for Bitcoin-Backed Loans as Volatility Intensifies

BTC lending platform Strike has updated its bitcoin-backed loan policies amid heightened crypto market volatility, extending the margin call recovery window and adjusting loan-to-value thresholds to give borrowers more flexibility. Bitcoin Lending Platform Strike Expands Margin Call Recovery Time for Bitcoin-Backed Loans The changes include expanding the margin call recovery period from 24 hours to […] from Bitcoin News https://ift.tt/JEa9nYP
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USDT Sets Record as Onchain Transfers Hit $4.4 Trillion

Tether’s USDT reached record highs across usage, transfers, and reserves in Q4 2025, continuing to grow even as the broader crypto market slowed sharply after October’s liquidation event. Tether Hits New Highs as Stablecoin Market Stalls Tether’s USDT closed out 2025 with a string of milestones, reinforcing its position as the dominant stablecoin despite a […] from Bitcoin News https://ift.tt/81mCAlB
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Sen. Cynthia Lummis Tells Banks to Stop Fighting Stablecoins and Start Using Them

U.S. Sen. Cynthia Lummis urged American banks to embrace stablecoins and digital assets, arguing they represent a new financial product rather than a threat as Congress struggles to advance stalled crypto legislation. Banks should see stablecoins as a way to expand services, not defend turf, Lummis said during a Feb. 6 appearance on Fox Business, […] from Bitcoin News https://ift.tt/tlVKXg0
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