Tag: square

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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