Bookmarking Crypto Insights
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Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during the time period, a 29% increase year-over-year. Square’s Bitcoin Profit up 29% in Q3 In the company’s Q3 2021 Shareholder Letter, published Thursday, Square Inc. … Read more
Cash App’s Bitcoin profits fell in the third quarter, but overall profits are still on the rise. Go to Source Powered by WPeMatico
Award-winning hip-hop artist Megan Thee Stallion has published a video of herself explaining the basics of bitcoin, including what it is, why it is valuable, and how to obtain it. The famed rapper previously gave away $1 million in bitcoin to her fans in collaboration with Square’s Cash App. Famous Hip-Hop Star Breaks Down Bitcoin … Read more
Jack Dorsey’s Square made more than 90% more gross profit than the same period last year, with $546 million coming from Cash App’s Bitcoin services. Go to Source Powered by WPeMatico
Jack Dorsey’s payments company, Square Inc., has confirmed that it is building a bitcoin hardware wallet and service with the aim to “make bitcoin custody more mainstream.” Square’s Bitcoin Hardware Wallet in the Works Square Inc. is building a hardware wallet, Jesse Dorogusker, the company’s hardware lead, announced Thursday on Twitter. He tweeted: We have … Read more
Square’s quarterly earnings beat out expectations by more than double thanks to Bitcoin’s dramatic rally. Go to Source Powered by WPeMatico
“This was not Cash App’s decision — we disagree with this move wholeheartedly,” tweeted the service. Go to Source Powered by WPeMatico
Popular rapper Megan Thee Stallion has teamed up with Square’s Cash App to launch a $1 million Bitcoin giveaway on Twitter in partnership with Square’s Cash App. Go to Source Powered by WPeMatico
But only for vendors, so retail users will have to wait. Go to Source Powered by WPeMatico
At least 65% of people who use the Paypal app to trade bitcoin are prepared to start using the top cryptocurrency to pay for goods and services at the 28 million stores supported by the payments company throughout the world. According to a proprietary survey of 380 Paypal users by Mizuho Securities, 17% of the … Read more
