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Jack Dorsey’s Square Building Bitcoin Hardware Wallet to Make Crypto Custody More Mainstream
9.7.2021
Jack Dorsey’s payments company, Square Inc., has confirmed that it is building a bitcoin hardware wallet and service with the aim to “make bitcoin custody more mainstream.” Square’s Bitcoin Hardware Wallet in the Works Square Inc. is building a hardware wallet, Jesse...
Square’s earnings 2.5X expectations, Bitcoin revenue up 1000% in 12 months
7.5.2021
Square’s quarterly earnings beat out expectations by more than double thanks to Bitcoin’s dramatic rally
Square’s Cash App raises minimum Bitcoin withdrawal to 0.001 BTC
22.4.2021
A 0.01 BTC withdrawal is equivalent to around $51.80 based on current prices
Square Adds $170 Million More in Bitcoin to Balance Sheet — Company Now Holds 5% of Total Cash Reserves in BTC
24.2.2021
Square has bought more bitcoin, adding $170 million worth of the cryptocurrency to its balance sheet. The company now holds 5% of its cash reserves in bitcoin. Its Cash App was used by more than three million customers to purchase or sell the cryptocurrency last year. $170 Million Bitcoin Purchase...
1 Million First-time Buyers Bought Bitcoin on Dorsey's Cash App Last Month
24.2.2021
2020 was a bumper year for Jack Dorsey’s Square and its crypto-embracing Cash App mobile payments app – but one that could soon be eclipsed, after the company revealed that “over three million customers” bought or sold bitcoin (BTC) on its platform in 2020, while January this year saw “more than...
Building Black Wealth With Satoshis and Cash App
11.2.2021
For decades, the financial system has been rigged against Blacks. Today, there is an alternative that removes barriers to wealth creation
Square's Cash App briefly halts buying AMC and Nokia stock
2.2.2021
"This was not Cash App’s decision — we disagree with this move wholeheartedly," tweeted the service
Noise.cash: Social Microblogging App Fueled by Bitcoin Cash Tips Gathers Traction
18.1.2021
For quite some time now, bitcoin cash users have been leveraging the web portal read.cash in order to write blog posts, connect with like-minded individuals, and earn bitcoin cash for providing popular content. Now the creators of read.cash have introduced another application called noise.cash...
$1 Million Bitcoin Giveaway: Rapper Megan Thee Stallion Hands Out Free BTC on Twitter
18.12.2020
American rapper and hip hop artist Megan Thee Stallion is giving away $1 million in bitcoin on Twitter to Cash App users. Thousands of people are participating and many claim to have already received some sats from the star. Megan Thee Stallion Giving Away Bitcoin for Real Megan Thee Stallion, also...
Twitter loses its mind over rapper's '$1M Bitcoin giveaway' ... worth $11 each
18.12.2020
Popular rapper Megan Thee Stallion has teamed up with Square’s Cash App to launch a $1 million Bitcoin giveaway on Twitter in partnership with Square’s Cash App
Stripe will offer bank accounts, with help from Goldman Sachs and Citi
3.12.2020
But only for vendors, so retail users will have to wait
65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services: Survey
3.12.2020
At least 65% of people who use the Paypal app to trade bitcoin are prepared to start using the top cryptocurrency to pay for goods and services at the 28 million stores supported by the payments company throughout the world. According to a proprietary survey of 380 Paypal users by Mizuho...
Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know
30.11.2020
With bitcoin’s price hitting a new all-time high on Monday, retail investors will inevitably want to get in on the original crypto asset
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...