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Block to launch $1M free Bitcoin giveaway via Cash App from April 6-10, reviving Bitcoin faucet concept.

Market News
04 Apr 2026
Coincu
View Source
Bullish
Block to launch $1M free Bitcoin giveaway via Cash App from April 6-10, reviving Bitcoin faucet concept.

Block, led by Jack Dorsey, is launching a $1 million Bitcoin giveaway campaign called Bitcoin Day from April 6 to April 10, 2026. The promotion offers up to $80 in free BTC per user through actions on Cash App, Square merchant payments, and Bitkey hardware wallet withdrawals, aiming to onboard new users and encourage product adoption. This campaign revives the original Bitcoin faucet concept from 2010, distributing small amounts of BTC to introduce newcomers to the network. The promotion targets U.S. residents amid a market of low sentiment, hoping to boost engagement despite current Bitcoin price fears and macroeconomic uncertainties.

More News

Winseed highlights AI commercialization and global brand visibility trends at IAA TRANSPORTATION 2026.

Winseed highlights AI commercialization and global brand visibility trends at IAA TRANSPORTATION 2026.

At IAA TRANSPORTATION 2026 in Hanover, Winseed showcased key trends in automotive AI, emphasizing the shift from innovation to commercialization and the rising importance of AI-driven global brand visibility. Their research ranked 127 AI-related auto...

Market News
Bullish
1 hour ago
Sprout Social investors urged to contact Rosen Law Firm over potential fiduciary breaches.

Sprout Social investors urged to contact Rosen Law Firm over potential fiduciary breaches.

Rosen Law Firm has announced an investigation into possible breaches of fiduciary duties by Sprout Social's directors and officers. Investors holding Sprout Social stock are encouraged to contact the firm for more information and potential legal acti...

Market News
Bearish
2 hours ago
SpaceX stock may rise only after full Starship rocket reuse is proven

SpaceX stock may rise only after full Starship rocket reuse is proven

Analyst Daniel Sparks predicts that SpaceX's stock won't fully reflect the value of its Starship program until the company demonstrates the ability to reuse the entire rocket. This milestone is crucial as full reusability could significantly reduce l...

Analyst Insights
Neutral
3 hours ago
Pump.fun shifts rewards to followers' profits, cutting pay for low-cap token calls from Oct 10

Pump.fun shifts rewards to followers' profits, cutting pay for low-cap token calls from Oct 10

Pump.fun updated its reward system on October 10, 2026, to pay callers based on the profits their followers make rather than the trading volume generated. This change aims to encourage higher-quality recommendations and reduce manipulative pumps, esp...

Protocol Fundamentals
Neutral
4 hours ago
Pump.fun links token callout rewards to follower profits for aligned incentives

Pump.fun links token callout rewards to follower profits for aligned incentives

Pump.fun plans to adjust its reward system by tying incentives for token callouts directly to the profits generated for its followers. This change aims to better align promotional rewards with the actual financial outcomes experienced by the platform...

Protocol Fundamentals
Neutral
4 hours ago
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