Tag: square

Apr 06 2021

Fidelity, Square And Coinbase Launch Cryptocurrency Trade Group

Four institutions with significant stakes in the success of Bitcoin launched a trade group to lobby policymakers for favorable regulation.Fidelity, Square, Coinbase and investment firm Paradigm are joining together to form a new council to lobby policy makers to support the burgeoning Bitcoin and...

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...

Mar 10 2021

JP Morgan Builds Basket Of Companies With Bitcoin Exposure

Mar 10 2021 Published at Bitcoinist.com under tags  amd bitcoin btc btcusd btcusdt

MicroStrategy shares skyrocketed alongside the parabolic Bitcoin rally as investors rushed to gain exposure to the trending cryptocurrency any way they could. Banking on this demand, JP Morgan is planning to introduce a new investment product that is a basket of companies with some type of cryptocurrency market exposure. Here's a deeper look at what this new investment product from JP Morgan could...

Mar 07 2021

Bitcoin Corporate Balance Sheet Watch Monthly Update: February

Throughout February, corporations announced massive bitcoin buys in a series of increasingly bullish speculative attacks on the dollar.What started out as a slow trickle of institutional investment pouring into the bitcoin market is developing into a steady stream that will, in time, turn into an all out flood. Let the game theory commence! Prior to 2020, institutional and corporate interest in bitcoin...

Feb 28 2021

Breaking Down Square’s Bitcoin (BTC) Position

Feb 28 2021 Published at Bitcoinist.com under tags  bitcoin btc institutions square

The recent push to the $1 trillion bitcoin market cap can at least be partially attributed to institutional investors; firms investing on the behalf of others or as part of their asset allocation strategies. Square, One of the Largest Corporate Holders of Bitcoin Alongside...

Feb 25 2021

Bitcoin’s Future: What Effect is Wall Street Having on BTC?

Bitcoin purchases by Microstrategy and Square may have stopped BTC's downward trajectory. But what's next?

Feb 24 2021

Microstrategy Bought the Bitcoin Dip, Adding 19,452 BTC at $52.7k Each

In brief: Microstrategy has announced the purchase of 19,452 BTC for a total of $1.026 Billion The company bought the Bitcoins at an average of $52,765 per BTC Microstrategy now holds 90,531 Bitcoins at an average entry of $23,985 per Bitcoin Square had earlier announced its purchase of 19,452 BTC for $170 Million The CEO of Microstrategy, Michael Saylor, has announced that the...

Breaking News – American Giant SQUARE BUYS Bitcoins…AGAIN!

In the midst of a turbulent cryptocurrency market, only big players are able to hold through red days, without whining and making a big fuss about a single-day price adjustment. You might be asking, why the hell would Square buy Bitcoins in the midst of...

Jack Dorsey Doubles Down on Bitcoin With $170 Million Investment

Feb 24 2021 Published at Blockonomi under tags  bitcoin jack dorsey square twitter

Jack Dorsey donated 1 BTC to Bitcoin research and development center Brink as Square, the financial company he founded and directs, invest $170 million in Bitcoin. The social media company he directs made the news recently when its CFO, Ned Segal, stated that Twitter had been considering allowing its employees to ask to be paid [...] The post Jack Dorsey Doubles Down on...

Bitcoin (BTC) Back Above $50K As Purpose Bitcoin ETF & Square Inc Buy The Dips

Feb 24 2021 Published at Coingape under tags  bitcoin news bitfinex btcbrl btcbusd btcdai

After tanking sub $46,000 levels on Tuesday, February 23, Bitcoin (BTC) has registered a strong 10% pullback and is once again above $50,000. It turns out big market players have been once again buying the Bitcoin (BTC) dips...

Feb 05 2021

Corporate Treasuries Are Figuring Out Bitcoin on the Balance Sheet

MicroStrategy’s approach has got the Association of Corporate Treasurers and IKEA thinking.

Jan 21 2021

Why Everyone From Square to Facebook Is Now Hosting the Bitcoin White Paper

The uploads come in response to legal threats by Craig Wright.

Jan 05 2021

Square’s Jack Dorsey Hits Out at FinCEN’s ‘Burdensome’ Proposed Crypto Wallet Rules

"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said.

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.

Dec 09 2020

BTC Being Sold Will End Up in the Vaults of Institutional Investors

Quick take: Bitcoin has dropped hard from $19,300 levels to $17,800 High chances it is retail traders selling The Bitcoin being sold will most likely be scooped up by institutions MicroStrategy, Grayscale, Paypal, Square, are likely to keep buying the Bitcoin dips The highly anticipated Bitcoin correction has finally begun with the King of Crypto dropping from $19,300 levels to $17,800 in a...

Dec 08 2020

Square to Support Greener Bitcoin Mining as Part of Zero-Carbon Pledge

Dec 08 2020 Published at CoinDesk under tags  bitcoin mining news square tech

Square will dedicate $10 million to the development of clean bitcoin mining technologies.

Dec 02 2020

Crypto Buying App Ziglu Bags Largest Raise of 2020 on UK Crowdfunding Site Seedrs

Dec 02 2020 Published at CoinDesk under tags  business crowdfunding paypal seedrs square

U.K.-based bitcoin app Ziglu raised over $8 million in a crowdfunding campaign, the largest equity raise on the Seedrs platform this year.

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 25 2020

Square Agrees to Buy Credit Karma’s Tax Preparation Service for $50M

Nov 25 2020 Published at CoinDesk under tags  business credit karma crypto taxes intuit news

Cash App will make the DIY tax-prep software available for free to its 30 million monthly users.

Know a good blog/source that is not listed? Contact us or fill the form below to add one: