Bitcoin pushes past $11,000

Bitcoin finally pushes past 11,000 US dollars and the biggest reason behind it is Twitter and Square CEO Jack Dorsey. Two days ago Dorsey invested 50 million dollars into bitcoin which made futures demands also jump higher than ever before.

Dorsey is a long-time bitcoin investor and his Square app is extremely popular within crypto community. His investment certainly gives high hopes and expectations to other investors and also tells something about relation between Twitter and blockchain technology. Dorsey actually said in the Oslo Freedom Forum 2020 last week that bitcoin and blockchain will be playing a big role on Twitter in the future.

At the moment Dorsey is working with his team to build a new protocol which could work as a decentralized platform for Twitter.


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