- Crunch
- Global
Billionaire tech innovator Jack Dorsey is making a bold push to turn Bitcoin into a daily spending tool, not just a long-term investment. His mission centers on making Bitcoin as simple and practical as cash, urging regulators to allow small Bitcoin payments to be tax-free so people can buy coffee, groceries, or pay bills without complexity.
Block, Dorsey’s company, is rolling out powerful tools to speed up adoption. More than 4 million businesses using Block’s systems will soon be able to accept Bitcoin directly. Cash App is also enabling instant, low-cost Bitcoin transfers through the Lightning Network, designed to fix Bitcoin’s slow and costly transactions and make crypto payments nearly instant.
Dorsey believes Bitcoin’s future depends on real-world use, not speculation. While challenges remain—such as tax laws, price swings, and Lightning Network expansion—he remains committed. His vision could reshape payment systems worldwide, giving merchants lower fees and users a decentralized way to move money.
Major momentum hit the crypto market as the New York Stock Exchange officially approved the listing of Grayscale’s Dogecoin (GDOG) and XRP (GXRP) exchange-traded funds. Both ETFs are set to debut Monday, giving U.S. investors direct, regulated access to two of the most popular digital assets. Bloomberg analyst Eric Balchunas highlighted the approvals, noting that Grayscale’s Chainlink ETF (GLNK) is expected to follow next week.
Crypto traders are watching closely as Grayscale converts its long-running Dogecoin Trust into a fully tradable ETF tracking DOGE’s spot price. Analysts estimate the Dogecoin ETF could pull in roughly $11 million in first-day volume. XRP is also stepping into the spotlight, launching alongside a wave of rival products from firms including Franklin Templeton and WisdomTree.
Market competition is heating up fast, with multiple XRP ETFs already live after the SEC relaxed its grip on crypto listings. Canary Capital’s XRPC drew over $250 million on day one, while Bitwise, 21Shares and CoinShares rolled out their own offerings—signaling accelerating institutional confidence in digital assets.
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