Block Stock Pops as Jack Dorsey’s Bitcoin, Payments Company Dumps 4,000 Jobs
Jack Dorsey’s Block Inc said it will cut more than 4,000 jobs, over 40% of its workforce, as part of…
Month: February 2026
Why is Block’s stock up by 25% today?
Block shares surged more than 25% in extended trading Thursday after it announced layoffs of more than 4,000 employees. The…
Jack Dorsey says Block to cut over 40% of workforce as stock surges 25% after earnings
Jack Dorsey said Block will cut nearly half of its workforce, reducing headcount from more than 10,000 employees to just…
PayPal not pursuing sale despite report of Stripe interest
PayPal Holdings, the digital payments giant, is not currently engaged in acquisition discussions with Stripe or any other potential buyer,…
Donald Trump Makes No Mention of Crypto or Bitcoin in State of the Union Address
President Donald Trump took the floor Tuesday night for his State of the Union address, highlighting his economic goals and…
Crypto rebounds from oversold levels, altcoin season indicator revisits January high
Bitcoin $BTC$65,450.64 experienced a volatile overnight trading session, rising by as much as 3.7% before giving back some of those…
Endowments eye crypto allocations amid tougher return outlook for traditional investments
MIAMI BEACH — Endowments are rethinking where they invest as they brace for weaker returns from traditional assets. At the…
$15 BILLION Just Broke: RWAs Are Quietly Taking Over Crypto
Real World Assets (RWAs) have reached a major milestone. Data from DefiLlama shows that the active market cap of RWAs…