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Nalezeno "Cash App": 118

A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply

23.11.2020
When demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow

Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets

21.11.2020
Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...

Cash App’s Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces

7.11.2020
Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1% of its total assets, or $50 million, into bitcoin. Cash App’s Bitcoin...

Almost 80% of Square’s Cash App Q3 revenue was from Bitcoin

6.11.2020
Square’s Cash App has increased Q3 Bitcoin revenue by 1,100% after more than $1.6 billion Bitcoin was purchased by users

Square Reports $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings

5.11.2020
"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."

Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC

8.10.2020
Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s Major Bitcoin Buy Square Inc....

Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States

14.8.2020
U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending...

Lawyer to File Crypto Class-Action Seeking Billions From Social Media ‘Cartel’

12.8.2020
Andrew Hamilton, the CEO of legal firm JPB Liberty, is ready to file a class-action lawsuit seeking billion in damages from the social media “cartel” that sought to kill crypto in 2018

Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%

6.8.2020
Square Inc. has reported a significant bitcoin revenue increase in the second quarter. Its Cash App generated $875 million in revenue, a 600% increase from the previous year. In addition, Square’s bitcoin gross profit jumped 711%. Square Cash App’s Bitcoin Revenue Square released...

Cash App for Comment: Joe Rogan Tells 200M Listeners to Buy Bitcoin

31.7.2020
Cash App is paying Joe Rogan big bucks to talk up Bitcoin according to his scripted spiel on his most recent podcast

PayPal Picks Paxos to Supply Crypto for New Service, Sources Say

20.7.2020
PayPal has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter

Popular NASCAR Driver Bubba Wallace Will Sport the Bitcoin Logo While Racing

15.7.2020
NASCAR driver Darrell “Bubba” Wallace will be sporting a bitcoin logo on his car and uniform during upcoming races. Twitter and Cash App founder, Jack Dorsey, tweeted a few pictures that revealed the new sponsorship, as he displayed the bitcoin symbol and Cash App logo design layout...

Jack Dorsey’s Cash App Sponsors NASCAR Driver Bubba Wallace

15.7.2020
The NASCAR driver has a new sponsorship deal with Jack Dorsey's Cash App that will see him sport the bitcoin logo at race events

Class Action Alleges Visa-Acquired Co Was ‘Data Plumbing’ Venmo, Cash App & More

29.6.2020
A new class action alleges that Plaid, which Visa recently bought for over $5 billion, had unparalleled access to the financial information of millions of users

Square Unveils Bitcoin Auto Payments Tool

20.5.2020
Jack Dorsey's mobile payments company Square allows users to set up automatic bitcoin payments

Square Dollar Cost Averaging Lets Users Repeat Buy Bitcoin in Cash App

19.5.2020
Bitcoin and stocks are now on the menu for Cash App users wanting to minimize the “impact of market swings,” the payment network says

Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million

8.5.2020
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. The increase is thanks “to growth in the number of active bitcoin customers, as well...