Square’s Cash App derived half of its fourth-quarter 2019 revenue from Bitcoin (BTC) services. Square’s Cash App derived half of its fourth-quarter revenue from Bitcoin (BTC) services. According to a shareholder letter published on Feb. 28, Bitcoin revenue amounted to $178 million during the fourth quarter of 2019, while combined non-Bitcoin revenue totaled $183 million. […]
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Twitter users churn out 75,000 posts mentioning Bitcoin in a single day, as price action sees mainstream consumers pay fresh attention. Bitcoin (BTC) hitting $10,000 catapulted it back into mainstream consciousness — but internet consumers were paying attention before, data shows. Statistics from monitoring resource Bitinfocharts reveal that in early February, mentions of Bitcoin on […]
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Twitter and Square make major gains following revenue reports, while Jack Dorsey-sponsored Lightning Labs sees $10 million funding. Perhaps the two most prominent supporters of Bitcoin’s (BTC) Lightning Network have seen their share prices rocket this week as the technology gains fresh recognition. Data covering the share prices of Twitter and sister company Square, the […]
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Cointelegraph reached out to leaders of the crypto and blockchain space to find out what their New Year’s wish was for the industry. The digital currency space has seen rapid growth and expansion in 2019, with heightened interest from governments and global corporations. Cryptos recovered from the 2018 bear market, when with Bitcoin (BTC) crashed […]
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As Robinhood plans to allow its users to buy slices of shares at $1, over 200,000 users have expressed their intent to use the service. More than 200,000 Robinhood clients have already expressed their intent to use its new fractional stock trading app announced yesterday. Vladimir Tenev, co-founder at Robinhood, said that the clients were […]
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Several cryptocurrencies have turned down sharply from their overhead resistance levels. This is a sign of weakness. Though crypto markets are in a consolidation phase, the number of first-timers investing in this nascent space has almost doubled, according to data from Square Cash App. This is a positive sign as it shows that investors are […]
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Cash App will be buying 16% of Bitcoin’s new supply after the halving if the firm’s buying appetite doesn’t decrease and the asset’s price increase. Square’s mobile payments application Cash App will be buying 16% of Bitcoin’s (BTC) new supply if the company keeps buying at the same rate after the halfing if the price […]
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Square’s Cash App reports that first-time Bitcoin buyers almost doubled in Q3 2019, despite the low profit margin on BTC sales. According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business. On Nov. 6, payment processing giant Square issued a […]
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Jack Dorsey, CEO of Twitter and Square, announced that Square’s Cash App is poised to enable users to purchase fractions of stocks alongside Bitcoin. Jack Dorsey, CEO of Twitter and Square, announced that Square’s Cash App is poised to enable users to purchase fractions of stocks — with an entry of as little as $1. […]
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Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks. Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks. Expanding Cash App Citing a source familiar with the matter, Bloomberg reported on Sept. 12 that the […]
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