Home – Blockchain & Digital Assets
October 13, 2025 @ 7:37 am By Omar Faridi
Jack Dorsey, co-founder of the platform X (formerly known as Twitter) and current CEO of payments firm Block Inc. (NYSE: XYZ), has introduced a new Bitcoin wallet feature within the Square point-of-sale system.
This update, announced on October 8, 2025, enables small U.S. businesses to convert portions of their daily card sales into Bitcoin without incurring processing fees, positioning the cryptocurrency as a potential safeguard amid economic pressures like inflation and currency devaluation.
Block, which rebranded from Square in 2021 to emphasize blockchain initiatives, has long embedded Bitcoin into its operations.
The company holds 8,692 BTC on its balance sheet, making it the 13th-largest public corporate holder of the asset.
Through its Cash App, Block has processed billions in crypto transactions, and earlier this year, it unveiled a modular Bitcoin mining system to lower entry barriers for miners.
This latest rollout builds on those efforts, targeting the four million U.S. merchants who rely on Square for handling payments, payroll, and banking.
The service, called Square Bitcoin, combines payment processing with an integrated wallet accessible via merchants’ dashboards.
As of October 8, users on the Square Bitcoin network can automatically convert earnings from card transactions into BTC at zero cost.
Starting November 10, businesses will accept direct Bitcoin payments at the point of sale, using the Lightning Network for faster settlements.
They can opt to hold the received BTC or convert it to U.S. dollars in real time.
A key change raises the daily conversion cap from 10% to 50% of sales, allowing greater exposure without disrupting cash flow.
To encourage uptake, Block waives fees on all Bitcoin transactions until January 1, 2027, after which a 1% charge applies.
Availability is limited to the U.S., excluding New York due to stringent state regulations on digital assets.
Early data shows modest adoption: Participating merchants have converted 142 BTC, valued at about $17.5 million at current prices.
Dorsey frames this as a practical response to economic instability, where Bitcoin‘s fixed supply of 21 million coins contrasts with fiat currencies prone to debasement.
“Bitcoin payments should be as seamless as card payments,” noted Miles Suter, Block’s head of Bitcoin products, highlighting tools that extend institutional-grade financial options to small operators.
The initiative also critiques credit card networks, which often levy 2-3% fees per swipe, by offering a lower-cost alternative for crypto handling.
While U.S. crypto payment usage remains relative low, as per consumers date from the Federal Reserve, certain projections forecast a rise between 2024 and 2026, driven by regulatory clarity and tech advancements.
Block’s stock rose 2.6% to an eight-month high following the announcement, reflecting investor interest in its crypto-related update.
For merchants, early tests demonstrate viability in building reserves from routine sales, though broader adoption hinges on consumer willingness and volatility risks.
This development underscores Dorsey’s advocacy for Bitcoin as “the native currency of the internet,” evolving from speculation to transactional utility.


 

Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.

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Citi announces crypto custody in 2026, JPMorgan stays cautious  Yahoo Finance
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In an arena where fortunes are made and lost overnight, the quest for the ultimate cryptocurrency investment has reached fever pitch. Amid the chaotic swirl of digital currencies, one contender, BlockDAG, has propelled itself into the spotlight, showcasing not just ambition but tangible results. With its exceptional technological framework and astonishing presale results, BlockDAG appears ready to ascend to new heights, leaving established names like Pi Coin, Kaspa, and Worldcoin scrambling in its wake.
BlockDAG has captivated investors by amassing a staggering $422 million during its presale, a testament to its compelling vision and the faith investors have placed in it. With a welcoming price point of $0.0018, this token represents a unique moment for forward-thinking investors eager to claim their share before BlockDAG fully launches. Its strategic partnership with the BWT Alpine Formula 1® Team not only enhances its technological credibility but also bolsters its public profile, ensuring it stands out in the crowded crypto marketplace.
As the competition among Layer-1 protocols intensifies, BlockDAG’s hybrid design—which combines DAG technology with Proof-of-Work—offers a significant competitive advantage. This sophisticated architecture facilitates rapid transaction speeds and aspires to achieve scalability of up to 15,000 transactions per second. Such capabilities provide a tantalizing glimpse into the future of cryptocurrency, a future that other projects can only dream of matching.
While BlockDAG catapults forward, Pi Coin has become mired in stagnation, resulting in eroding investor enthusiasm. Currently trading around $0.21, frustrations are mounting due to its sluggish mainnet adoption and lingering KYC compliance issues. With an estimated 50 million PI tokens stuck and inaccessible, the project risks falling below $0.15 unless it can expedite its rollout. For investors seeking robust returns in a dynamic market, Pi Coin’s current setbacks starkly diminish its allure compared to BlockDAG’s demonstrated promise.
Kaspa (KAS) has forged a distinguishable identity in the realm of cryptocurrencies, boasting innovative structures that enhance scalability and decentralization. Trading around $0.061, Kaspa has recently encountered pronounced price declines despite technological enhancements designed to boost transaction capability. Though the foundational strengths are present, the broader market environment remains turbulent. Without the cultural prominence or strategic partnerships that elevate BlockDAG, Kaspa’s potential for significant trading growth may remain stifled.
Worldcoin (WLD) embodies ambition through its novel “proof of personhood” strategy; however, its trajectory has been beleaguered by sharp volatility and regulatory challenges. Currently positioned at roughly $0.90, having plummeted from $1.80, Worldcoin’s audacious objectives have drawn scrutiny, particularly regarding privacy concerns in prominent markets like Europe and India. Even with a proposed $250 million liquidity initiative, prevailing bearish conditions might trigger a further drop of 25%, amplifying worries for investors eager for reliable returns when stacked against BlockDAG’s stability and robust security.
BlockDAG’s impressive presale highlights critical issues affecting Web3 ventures at large. While BlockDAG surges forward, smaller teams grapple with compliance hurdles that obstruct the smooth integration of crypto solutions. Understanding these operational intricacies—many of which stymie promising projects—is crucial for investors on the hunt for consistent opportunities. BlockDAG’s capacity to cultivate visibility and credibility positions it distinctly in a jungle of lesser-known competitors.
As we gaze into the horizon of 2025, BlockDAG is poised to reshape the cryptocurrency milieu through its potent fusion of scalable infrastructure, significant backing, and cultural traction. In sharp contrast, Pi Coin, Kaspa, and Worldcoin wrestle with formidable obstacles, from regulatory pushback to liquidity woes. For those eager for meaningful returns in a fluid marketplace, BlockDAG stands out as a remarkable option. As the launch date approaches, investors should seize the moment—this could be their last chance to get in on an opportunity that’s set to take off and redefine the future of cryptocurrency.

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The Powerball jackpot continues to grow after no one matched all six Powerball numbers to win Saturday’s drawing.
Grab your tickets and check your numbers to see if you’re the game’s newest millionaire.
Here are the numbers for the Monday, Oct. 13, Powerball jackpot worth an estimated $258 million with a cash option of $120.8 million.
Monday night’s drawing will take place at 10:59 p.m. ET. Winning numbers will be posted here. The winning numbers for Saturday night’s drawing were 13, 16, 18, 20, 27, and the Powerball is 10. The Power Play was 2X.
Results are pending.
Results are pending.
The Powerball jackpot for Monday, Oct. 13, 2025, rises to $258 million with a cash option of $120.8 million, according to powerball.com.
Drawings are held three times per week at approximately 10:59 p.m. ET every Monday, Wednesday, and Saturday.
You only need to match one number in Powerball to win a prize. However, that number must be the Powerball worth $4. Visit powerball.com for the entire prize chart.
Matching two numbers won’t win anything in Powerball unless one of the numbers is the Powerball. A ticket matching one of the five numbers and the Powerball is also worth $4. Visit powerball.com for the entire prize chart.
A single Powerball ticket costs $2. Pay an additional $1 to add the Power Play for a chance to multiply all Powerball winnings except for the jackpot. Players can also add the Double Play for an additional $1 to have a second chance at winning $10 million.
Friday night’s winning numbers were 3, 18, 23, 32, 56, and the Mega Ball was 8.
The Mega Millions jackpot for Tuesday’s drawing grows to an estimated $600 million with a cash option of $277.2 million after no Mega Millions tickets matched all six numbers to win the jackpot, according to megamillions.com.
Here is the list of 2025 Powerball jackpot wins, according to powerball.com:
Here are the all-time top 10 Powerball jackpots, according to powerball.com:
Here are the nation’s all-time top 10 Powerball and Mega Millions jackpots, according to powerball.com:
Chris Sims is a digital content producer at Midwest Connect Gannett. Follow him on Twitter: @ChrisFSims.

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Institution: Bitcoin’s upward trend is expected to continue until the end of the year, with “seasonal strength” set to repeat.  富途牛牛
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Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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Puerto Rico Lottery results: See winning numbers for Pega 2, Pega 3 on Oct. 13, 2025  Yahoo News Canada
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April 15, 2024 Gist Lovers Entertainment 0
NCoS official speaks about the results of their examination after the infamous crossdresser Bobrisky was admitted to the jail facility.
A top officer at the Ikoyi Custodial Centre, who talked confidentially with PUNCH journalists, said that the crossdresser sentenced to 6 months in prison was inspected upon entrance.
Their study found that Bobrisky, the crossdresser, had not had his gender realigned or his male organs surgically or otherwise changed, as he claimed.
The official said …
“Bobrisky made a public declaration that he was a male and court proceedings are public records. Every inmate brought into a facility during admission is examined. He was equally examined and no realignment of gender or genital organ was discovered. The male biological features were the same.
“After that, a cell was allocated to him, and he had a certain number of inmates with him. A bed space was also allotted to him. It is just like a boarding house where your housemaster will issue you your personal belongings.”
It was further added that Bobrisky isn’t given preferential treatment, maintaining that he observes the rules like everyone else.
“When it is time for class, he attends. When it is time for food, he will go and get his portion. The same goes with prep and light out. He observes all these without preference. He has been going about his business just like other inmates since he was brought in here.”
He also clarified the viral reports that the crossdresser was being protect against likely abuse from his fellow male inmates.
“He is not getting any five-star treatment and is not being protected from anybody. He follows the same rules and regulations just like every other inmate. Single cells of isolation cells are to prevent outbreaks of communicable diseases. In a male prison, homosexuality is outlawed and it is a grievous offence. Sodomy or homosexuality, is frowned upon here in the custodial centre. So any inmate that tries to violate him will face the law,” the official added.

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