Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex

Q2 Earnings Shows Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, SpacexCoinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting in $2 billion, Coinbase said it has 68 million verified users and […]

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65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services: Survey

65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services: SurveyAt 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 […]

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Survey Says 60% of Square Merchants Are Willing to Accept Bitcoin

Survey Says 60% of Square Merchants Are Willing to Accept BitcoinAccording to a recent study of 100 U.S. based merchants that use Square Inc.’s payment technology — a good majority surveyed are open to taking bitcoin as a form of payment. Nomura Instinet surveyed merchants who made at least $100,000 in annual revenue and 60 percent said they would accept bitcoin instead of USD. Also read: Bitcoin […]

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