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Bitcoin Eyes $11,000 After $50 Million BTC Purchase From Square
Square is a company that markets software and hardware payment products, founded by Jim McKelvey and Jack Dorsey, the co-founder, and CEO of Twitter. Jack Dorsey has been a big fan of Bitcoin for many years. дальше »
2020-10-9 00:51 | |
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Market Wrap: Bitcoin Surges on Square News to $10.9K; December Ether Options Pile Up
Bitcoin’s price jumped on news of payments firm Square’s investment while traders have amassed over $165 million in ether options open interest for December expiration. дальше »
2020-10-9 23:31 | |
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Jack Dorsey’s Square Invests $50 Million In Bitcoin And That’s Yet Another Big Win For Crypto
Square, the mobile payment company founded by Twitter’s Jack Dorsey, announced Thursday that it has invested a mouthwatering $50 million in the bellwether cryptocurrency. According to an official statement, the firm purchased roughly 4,709 BTC as cryptocurrency is “an instrument of economic empowerment and provides a way for the world to participate in a global […] дальше »
2020-10-8 21:30 | |
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Bitcoin price turns bullish on Square’s $50M BTC purchase: Is $11K next?
Bitcoin price rallied close to $11,000 after Square announced a $50 million BTC purchase.
дальше »2020-10-9 19:23 | |
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Square allocates one percent of it’s total assets to Bitcoin
Square Inc has announced today that it has purchased 4,709 BTC for approximately $50 million, allocating around 1 percent of its total assets as of Q2 2020 to Bitcoin. The post Square allocates one percent of it’s total assets to Bitcoin appeared first on CryptoSlate. дальше »
2020-10-8 18:35 | |
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Square allocates one percent of its total assets to Bitcoin
Square Inc has announced today that it has purchased 4,709 BTC for approximately $50 million, allocating around 1 percent of its total assets as of Q2 2020 to Bitcoin. The post Square allocates one percent of its total assets to Bitcoin appeared first on CryptoSlate. дальше »
2020-10-9 18:35 | |
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Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC
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. дальше »
2020-10-8 18:15 | |
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Square Pours $50 Million Into Bitcoin, Company’s Stock Price Soars
If you’re wondering what was behind the change in sentiment in the bitcoin price, which on Oct. 8 flipped from red to green, you might want to thank Jack Dorsey. Square has purchased $50 million worth of bitcoin, which it says aligns with its mission of economic empowerment. дальше »
2020-10-8 17:13 | |
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Jack Dorsey’s Square Invests $50 Million in Bitcoin; Representing 1% of The Company Assets
The crypto market has been asking, and Jack Dorsey delivered. After MicroStrategy made an investment in Bitcoin and added it to its reserve, the market has been wondering when bitcoin's staunch supporter, Twitter CEO Dorsey, who sees BTC becoming a currency of the Internet someday, will take such a step. дальше »
2020-10-8 16:35 | |
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Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%
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%. дальше »
2020-8-6 17:15 | |
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Square’s Cash App Reports $17 Million Bitcoin Gross Profit in Q2 2020
Jack Dorsey’s Square has announced on August 4, 2020, that it generated a massive $875 million in bitcoin (BTC) revenue via its Cash App platform in the second quarter of 2020. The firm’s report shows that over 30 million people used Cash App in June, with more than seven million users transacting with the CashRead MoreRead More. дальше »
2020-8-5 17:07 | |
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Square Raked in $875 Million in Bitcoin Revenue During Q2 2020
In an early release of it’s most recent shareholder report, fintech giant Square announced that it did $875 million in Bitcoin revenue during the second quarter of 2020. This figure was primarily driven by its Cash App, which enables users to buy and sell Bitcoin. дальше »
2020-8-5 15:40 | |
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Jack Dorsey’s Square Rides the Bullish Bitcoin Wave, Delivers Increased BTC Revenue for Q2 2020
Square reported $875 million in revenue from Bitcoin through Cash App in Q2 2020. This is 3x the revenue from Q1 2020 and 25x since Q1 2018 when the Bitcoin trades feature first went live on the mobile payment service, Cash App. дальше »
2020-8-5 12:18 | |
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Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
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%. дальше »
2020-5-8 06:04 | |
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Square’s Cash App & Grayscale Combined Consume Over 50% of Bitcoin’s Daily Supply
This is a whopping 367% increase over the same quarter last year at $66 million. Revenue from bitcoin now accounts for 57% of Cash App’s total reported revenue, up from 47% in 2019. Bitcoin revenue generated a gross profit of $7 million, benefitting from “an increase in transacting active bitcoin customers and growth in customer […] дальше »
2020-5-7 17:57 | |
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Bitcoin Brought in More Revenue for Cash App than Fiat in Q1 2020
Bitcoin brought in more revenue for Square’s Cash App than fiat, the company has revealed via its first-quarter earnings results released Wednesday. In a shareholder letter detailing the company’s financials in the first quarter of 2020, Cash App’s revenues totaled $528 million. дальше »
2020-5-7 17:07 | |
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Square Sees Remarkable Boost In Q1 2020 Bitcoin Revenue
During the first quarter of 2020, Square’s Cash App received $528 million in profits. This is seen from the ‘Q1 2020 Letter to Shareholders’. Twitter CEO and founder of Square, Jack Dorsey says revenue includes both Bitcoin and the fiat payments fees. дальше »
2020-5-7 16:52 | |
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Square Enix Leads $2M Investment Round for ‘The Sandbox’ Game on Ethereum
Big-name companies like Square Enix raised $2.01 million for the blockchain-based game The Sandbox in Q3 2019
дальше »2020-3-20 09:45 | |
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Blockchain-based data storage protocol Arweave raises $8.3M to push growth
Arweave, a blockchain-based storage protocol, today announced it has raised a further $8. 3 million in funding from Andreessen Horowitz, Union Square Ventures, and Coinbase Ventures. These funds will be used to further Arweave community ecosystem initiatives. дальше »
2020-3-7 20:46 | |
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Early adopters called Bitcoin the “future of money” 9 years ago; it’s up 10,000x since
Bitcoin is now worth $161 billion, with strong infrastructure established by the world’s largest financial institutions and conglomerates in the likes of Fidelity, CME, and Square. 9 years, ago, the market capitalization of BTC was valued at less than $21 million. дальше »
2020-3-5 13:00 | |
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Bitcoin Purchases on Dorsey’s Square Cash App, Records Its 7th Straight Quarter of Growth
According to the financial report of the quarter four of Twitter founder and bitcoin proponent Jack Dorsey’s Square, customers bought $178 million of Bitcoin. In total, the peer-to-peer payments and stock trading Cash App generated $361 million in revenue, half of which came from bitcoin trading. дальше »
2020-2-29 22:24 | |
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Square Sold $517 Million Worth of Bitcoin Via Its Cash App in 2019
Details from Square’s recent shareholder letter show that the company sold $517 million worth of Bitcoin in 2019 with sales of the top cryptocurrency accounting for about half of its revenue in Q4 of last year. дальше »
2020-2-28 22:00 | |
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Real-Time Payment Network Transparent Raises $14M From Pantera, Jack Dorsey’s Square
Transparent Financial Systems is in the process of creating a decentralized compensation settlement system. The startup, based in Seattle just finished their Series A fundraising round which saw a total of fourteen million dollars raised. дальше »
2020-2-6 18:30 | |
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Pantera Capital and Square just bet $14 million on this Seattle startup to take on Ripple
Square, Inc, Pantera Capital, and Digital Currency Group announced a $14 million Series A financing round into Transparent Systems, a Seattle-based startup with similar ambitions to Ripple. This is in addition to the $8 million in seed financing Transparent Systems received from Vulcan Capital in July 2018. дальше »
2020-2-6 13:18 | |
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Square Inc’s strong Bitcoin revenue numbers highlight its growing stature as a crypto-payments service
Organizations associated with the world’s largest cryptocurrency, despite the coin’s lacklustre performance over the past few weeks, have crunched out impressive numbers in Q2 of 2019. дальше »
2019-8-3 20:30 | |
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Square’s Cash App Doubles Its Bitcoin-Generated Revenues
Square, Inc. , a U. S. financial services and mobile payment company, reported its 2019 second-quarter earnings, beating the market’s expectations. The company’s total net revenue for the second quarter grew 44% from one year ago. дальше »
2019-8-3 19:00 | |
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Square’s Q2 Bitcoin Sales From It’s Cash App Exceed $125 Million; 90% Growth Over Q1
If you are thinking that adoption of Bitcoin has been hyped and real-world use cases are not increasing, Square payment app has news for you. Their Q2 report for 2019 shows that they posted a record $125. дальше »
2019-8-2 16:18 | |
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Square Inc’s Bitcoin revenues account for $125 million as CashApp records significant growth
After weeks of sideways movement, Bitcoin is in the news again. However, this time has little to do with the coin’s price. Instead, it is associated with Square, Inc. releasing its Q2 Shareholders’ report. дальше »
2019-8-2 15:23 | |
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Square Q2 Report: Cash App Bitcoin Sales Records $125 Million Doubling Q1 Sales
Coinspeaker Square Q2 Report: Cash App Bitcoin Sales Records $125 Million Doubling Q1 SalesSquare has just published its quarterly report for the second quarter of 2019. The report shows that the company generated $125 million in Bitcoin sales through its Cash App. дальше »
2019-8-2 13:48 | |
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Square Q2 Earnings: Bitcoin Gamble Paying Off, Specific Revenue Jumps
Payments firm Square announced a $125 million in revenue from Bitcoin through its mobile payments service, CashApp. Square entered the crypto space, much to the dismay of traditional players, and have established themselves as a strong brand capable of understanding consumer needs. дальше »
2019-8-2 11:00 | |
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Square Payment App Looking To Source a New Symbol For Bitcoin’s Satoshi Unit
A Satoshi (sat) is the smallest unit of Bitcoin. While a single BTC has eight decimal places, it consists of 100 million Satoshi. Its name derives from the mysterious creator of Bitcoin, Satoshi Nakamoto. дальше »
2019-7-30 19:24 | |
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Jack Dorsey’s Square Cash App Is Giving Away Bitcoin (BTC)
Cash App on its Twitter announced the give away on June 26. The tweet has gone viral since then with 35. 6K retweets and having received 40. 8K likes. #SuperCashAppFriday hashtag is trending on twitter as well. дальше »
2019-7-28 18:50 | |
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Helium Startup Secures $15 Million, Plans to Add Tokens to Its Internet-of-Things (IoT) Business
Helium Starts Working With Tokens Helium has just announced that it held a $15 million Series C that was co-led by Union Square Ventures and Multicoin Capital. The firm was created in order to create a low-cost data network for IoT devices. дальше »
2019-6-13 23:53 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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Cryptos Act as Hope in a Hyperinflation-Striken Venezuela
Venezuela’s inflation rate is expected to hit ten million percent in 2019. In this time, Venezuelans are struggling to afford two square meals a day. Online news outlet City News 1130 shared how nonprofit organizations are sending direct relief to people in Venezuela in cryptocurrencies and helping them escape the severe financial crisis. дальше »
2019-5-23 23:00 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Jack Dorsey’s Square Reports $65M In Bitcoin Revenue
Jack Dorsey’s mobile payments company, Square, has reported an impressive $65.5 million in bitcoin revenue this quarter, an-time high.… The post Jack Dorsey’s Square Reports $65M In Bitcoin Revenue appeared first on Invest In Blockchain. дальше »
2019-5-3 10:05 | |
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Square’s Skyrocketing Bitcoin Sales Prove Retail Investors Are All In
By CCN: Square might have had a mixed first quarter performance, but the Cash App, which is where investors buy and sell bitcoin, was a bright spot. Bitcoin revenue nearly doubled to $65. 5 million from $34 million in the year-ago period. дальше »
2019-5-3 21:01 | |
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Fintech-Related Lobbying Attracted $42 Million in Q1 2019
In a bid to carry out their agendas, crypto firms have turned to lobbying. Citing statistics from the Federal Electoral Commission (FEC), news platform Roll Call reported that fintech firms spent $42 million as lobbying expenses in Q1 in 2019 alone. дальше »
2019-5-3 18:27 | |
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Square’s Q1 2019 Puts Up Impressive Revenue for Bitcoin of Nearly $66 Million, Profits Not as Lucrative
Square is a payment platform that was developed by the same creator of Twitter, Jack Dorsey, and the man has a specific interest in cryptocurrency. The payment platform sells Bitcoin on the Square Cash app, and the recent sales in the first quarter has remained high. дальше »
2019-5-2 17:12 | |
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Payment Platform Square’s Q1 2019 Bitcoin Revenue High, Crypto Profits Low
In Q1 2019, Square registered a new revenue high from BTC sales, while overall profits from crypto were less than $1 million
дальше »2019-5-2 02:19 | |
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