Tag: square

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.

PayPal and Square may be the new Bitcoin Whales

The giants like PayPal and Square may be the new Bitcoin whales. According to Pantera Capital, an investment company focused on digital currency and blockchain technology, PayPal and Square are pushing the Bitcoin rally, purchasing every single mined Bitcoin and creating a deficit in the markets. At the time of writing this article, the Bitcoin price is sitting at 19295.72 and it is...

Nov 06 2020

Square’s Bitcoin Revenue Grows By 1100% In Q3

Square Inc. a payments company established by Twitter CEO, Jack Dorsey, has proclaimed a notable bitcoin revenue rise in the third quarter of 2020. On Thursday, 05,2020, the company's Bitcoin revenue is increased by almost 1100% in the third quarter....

Nov 02 2020

Square Crypto to Fund Designer with Mission to Improve BTC Wallet Usability

Maggie Valentine has been named as one of the recipients of a number of Square Crypto grants.

Oct 22 2020

As Corporations Build Bitcoin Treasuries, We All Win

The last three months in Bitcoin have been marked...

Oct 15 2020

Macro Investor Sees Bitcoin Supply Deficit as Grayscale Boosts Stockpiling

Oct 15 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt gbtc grayscale

Bitcoin (BTC) traders and investors may face a supply deficit as major firms increase their stockpiling of the cryptocurrency, according to Dan Tapeiro of New York-based global macro fund DTAP Capital. "SHORTAGES of Bitcoin [is] possible," the founder...

Oct 11 2020

MicroStrategy CEO: BTC Works if your Investment Time Horizon is 100yrs

Summary: MicroStrategy CEO, Michael Saylor, has pointed out that Bitcoin is a worthwhile investment for anyone playing the long game He pointed out that any asset can work if your investment time horizon is one year But Bitcoin works if your investment time horizon is one century In a recent tweet, the CEO of MicroStrategy, Michael Sayler, explained that Bitcoin was a long-duration...

Oct 10 2020

BTC Analyst: Square, MicroStrategy Buying BTC is a Tip of the Iceberg

Summary: Veteran Bitcoin analyst, Willy Woo, has stated that Square and MicroStrategy buying Bitcoin is a tip of the Iceberg He explains that the last 8 months has seen a reduction of 250,000 BTC from exchanges This reduction could be 'unannounced' investors including high net worth individuals buying up Bitcoin 'Whales like to swim together' therefore Square and MicroStrategy are not the only...

Oct 09 2020

Square Buys Bitcoin Worth $50 Million

Square, the mobile payments company announced the acquisition of 4,709 bitcoin on October 8. This is big news for bitcoin because the company is Co-founded by Twitter CEO Jack Dorsey. What looks like a tremendous endorsement of bitcoin is basically a strategic move by the company. The leadership at Square strongly believes that bitcoin has the potential to be a ubiquitous currency in...

Oct 08 2020

Square Makes Massive Bet on Bitcoin, Buys 4K BTC Worth $50 Million

Square founder Jack Dorsey repeatedly shared his enthusiasm for Bitcoin, saying it will be the world’s single currency.

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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