Tag: cash app

Mar 17 2021

Cash App Users Can Send and Receive Bitcoin Within the App for Free

In brief: Users of Cash App can now send and receive Bitcoin to other users within the app without incurring transaction fees This means that they can send Bitcoin in a manner similar to sending fiat Such a move by Cash App is bound to increase the use and adoption of Bitcoin Retail investors bought more Bitcoin than institutions this quarter through Paypal...

Feb 11 2021

Building Black Wealth With Satoshis and Cash App

Feb 11 2021 Published at CoinDesk under tags  black history month cash app opinion people

For decades, the financial system has been rigged against Blacks. Today, there is an alternative that removes barriers to wealth creation.

Feb 02 2021

Cash App Users Blocked From Buying AMC, Nokia Stocks

Feb 02 2021 Published at Crypto Briefing under tags  cash app markets wallstreetbets

Cash App released a statement earlier today stating that Axos, the app's clearing broker, is now subject to a 250% increase in capital requirements, temporarily blocking the app from fulfilling AMC and Nokia (NOK) purchases. Cash App Blames Clearinghouse for Trading Halt Cash App stated that Axos, its clearing broker, now needs to...

Jan 07 2021

Bitcoin Magazine’s Guide To Exchange Scaling Support

Bitcoin exchanges are the single most popular method for acquiring BTC, offering marketplaces where users can transfer fiat or digital currencies for sats. For more information on bitcoin exchanges, visit our guide. But not all exchanges are created equal — some are decentralized, some adhere to strict KYC/AML requirements and some protect...

Dec 20 2020

Square’s Cash App Now Lets Customers Get Bitcoin Back on Purchases

Dec 20 2020 Published at CoinDesk under tags  bitcoin cash app markets news paypal

Previously, Cash App had only allowed clients to get U.S. currency back on transactions.

Nov 30 2020

Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know

Nov 30 2020 Published at CoinDesk under tags  bitcoin business cash app coinbase paypal

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.

Nov 23 2020

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

Nov 23 2020 Published at CoinDesk under tags  bitcoin supply cash app paypal people podcasts

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

Nov 08 2020

Square Announces BTC Revenue Growth – Cash App Generated $1.63 Billion in BTC Revenues in Q3 2020

Square made headlines in the cryptocurrency markets on Thursday as it announced that it recorded $1.63 billion in Bitcoin revenues through the Cash App in Q3 2020. According to Square's data, the gross profit from Cash App’s Bitcoin feature for the period mentioned above was $32 million.

Oct 22 2020

PayPal Brings Users To Bitcoin, But Not The Bitcoin Network

Oct 22 2020 Published at Bitcoin Magazine under tags  adoption cash app paypal

News broke on the morning of October 21 2020, that PayPal would grant its users the ability to purchase, sell and hold bitcoin within its app. PayPal’s stock price rose 4.65 percent on the news, and the bitcoin price continued its rise from $11,400 to $12,700 by midday. There is no denying that PayPal is a monster in the mobile and digital payment...

Oct 08 2020

Jack Dorsey’s Square Inc Invests $50 Million in Bitcoin (BTC)

Oct 08 2020 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

In a major announcement on Thursday, October 8, Jack Dorsey-backed Square Inc. (NYSE: SQ) announced that they have invested a massive $50 million in Bitcoin. With the total purchase amount of 4,709 BTC, the purchase happened at...

Oct 03 2020

Ethereum’s Vitalik: More People Should Support ETH for Payments

Quick take: Ethereum's Vitalik Buterin has recommended that more people should support Ethereum for payments He cites that supporting ETH, opens the doors to a whole list of ERC20 tokens that can also be integrated into payment platforms such as MKR, UNI, WBTC and Stablecoins In terms of speed and fees, he explains there are already several layer-2 scaling solutions deployed on the...

Sep 12 2020

How to Withdraw Bitcoin (BTC) from Cash App

Cash App is a mobile payment service developed by the financial services company - Square. Formerly known as Square Cash, Cash App facilitates funds transfer between users of the app. Businesses, individuals, and even organizations use the app to send and receive funds from other users of the app. It is quite a popular app […] The post How to Withdraw Bitcoin...

Sep 10 2020

Square Launches Cryptocurrency Open Patent Alliance To Protect Innovation

Sep 10 2020 Published at Bitcoin Magazine under tags  cash app patents regulation square

Today, mobile payments company Square launched the Cryptocurrency Open Patent Alliance (COPA), a non-profit focused on keeping patents from becoming barriers to innovation in the space. “Crypto organizations (or even governments) have filed for hundreds of patents on cryptocurrency technology and continue to do so in large numbers,” a Square representative explained in a statement shared with...

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