🔮 Investment bank giant TD Cowen predicts Bitcoin to hit $140,000 this year and issues a "BUY" rating for BTC treasury companies Nakamoto and Strive.

Block Jack Dorsey Distributes $1 Million to Boost Bitcoin Adoption Block, the financial technology company owned by Twitter founder Jack Dorsey, officially launched the "Bitcoin Day" initiative with a total grant fund of up to $1 million. This program is designed to provide direct rewards to users who interact with the Bitcoin ecosystem through various Block-owned platforms, from purchasing assets on Cash App to using Bitcoin as a payment method at Square merchants. ​Within just three days of its launch, Block reported that more than $900,000 had been distributed to users. The funds flowed into various activities, including users buying their first Bitcoin, retail transactions at local coffee shops using Square systems, and self-custody education for users transferring their assets to Bitkey wallets. This move demonstrates Dorsey's ambition to make Bitcoin a functional currency in everyday life. ​This campaign not only focuses on transactions but also encourages network growth through community education. Block notes a new wave of users beginning to understand the concept of independent ownership of money without relying on centralized exchanges. With remaining funds below $100,000, this initiative is considered successful in accelerating new user onboarding and expanding Bitcoin payment networks at the local level. $BTC ‌ #GateSquareAprilPostingChallenge #CanaryFilesSpotPEPEETF #MetaReleasesMuseSpark #OilEdgesHigher

$BTC broke the small channel pattern, retraced slowly, and moved up, holding over the $70,000 area. Now, we need to see where the weekly candle closes. Bullish moves are expected based on the price action, but fundamentals might work against us, so proceed with caution. #Gate #GateSpotDerivativesBothTop3