Square’s Cash App Sold $150M Worth of Bitcoin in Q3: 250% YoY Growth

2019-11-7 00:40

Once again, fintech giant Square has shocked the Bitcoin industry with its latest earnings report; the company’s flagship product, the Cash App, sold $148 million worth of BTC in fiscal Q3 of 2019.

This marks significant retail interest in cryptocurrency from Square’s American clientele. Related Reading: Bitcoin Likely to Break Past $10,000 in Next Bout. . .

The post Square’s Cash App Sold $150M Worth of Bitcoin in Q3: 250% YoY Growth appeared first on NewsBTC.

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bitcoin square → Результатов: 126


Square has “No” Plans to Expand Beyond Bitcoin to Cover Other Cryptocurrencies, says CEO Jack Dorsey

Cash App generated $1.82 bln in Bitcoin revenue in Q3, making up 47% of Square’s total sales. The company is planning to offer a pay with Bitcoin feature through the App. The post Square has “No” Plans to Expand Beyond Bitcoin to Cover Other Cryptocurrencies, says CEO Jack Dorsey first appeared on BitcoinExchangeGuide.

2021-11-6 20:37


Square CFO: “No Plans” to Buy More Bitcoin At This Time After Losing $20M Due to Price Drop

Jack Dorsey’s Square will focus on “other opportunities” to learn with bitcoin and will be part of the crypto needing “innovation in terms of renewables and clean energy.” The post Square CFO: “No Plans” to Buy More Bitcoin At This Time After Losing M Due to Price Drop first appeared on BitcoinExchangeGuide.

2021-5-15 20:39


Square Crypto Praises Gimmicky Bitcoin Giveaways but Doesn't Give Any Away

Square Crypto, the cryptocurrency unit of Jack Dorsey's mobile-payment company Square, extolled the virtues of gimmicky bitcoin giveaways. But then it didn't offer to give any away. What a crypto tease! Do bitcoin giveaways promote adoption? Basically, Square Crypto argues that if you give bitcoin to someone (especially a skeptic), they'll become emotionally invested in […] The post Square Crypto Praises Gimmicky Bitcoin Giveaways but Doesn't Give Any Away appeared first on CCN Markets

2019-8-29 01:00


Square Crypto Praises Gimmicky Bitcoin Giveaways but Doesn’t Give Any Away

Square Crypto, the cryptocurrency unit of Jack Dorsey’s mobile-payment company Square, extolled the virtues of gimmicky bitcoin giveaways. But then it didn’t offer to give any away. What a crypto tease! Do bitcoin giveaways promote adoption? Basically, Square Crypto argues that if you give bitcoin to someone (especially a skeptic), they’ll become emotionally invested in […] The post Square Crypto Praises Gimmicky Bitcoin Giveaways but Doesn’t Give Any Away appeared first on CCN Markets

2019-8-30 01:00


Компания Square отказалась от заявки на регистрацию в качестве депозитарного банка

Достаточно дружественная к криптовалютам и биткойн компания Square отозвала заявку получение лицензии в качестве депозитарного банка. Сообщение Компания Square отказалась от заявки на регистрацию в качестве депозитарного банка появились сначала на Freedman.

2018-7-6 18:50


Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin

Austin-based cryptocurrency hedge fund Multicoin Capital is long Ethereum as well as EOS while short both Litecoin and Ripple’s XRP. Backed by Andreessen Horowitz’s Marc Andreessen and Union Square Venture’s Chris Dixon among others, the $75 million fund is defending its most significant position: EOS, a currency that raised $4 billion through an ICO last month […] Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-7-3 01:24


Хедж-фонд Multicoin Capital делает упор на EOS и Ethereum

Крупный криртовалютный хедж-фонд Multicoin Capital, среди спонсоров которого Марк Андриссен, Крис Диксон, Union Square Ventures и другие венчурные капиталисты, делает упор на Ethereum и EOS, а перспективы Litecoin и XRP им кажутся сомнительными.

2018-7-1 10:51


Crypto Hedge Fund Multicoin Valued at $75m After Fred Wilson’s VC Investment

Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup.

2018-6-22 21:43