Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. While the company still made very little profit from cryptocurrency trading in Q2, management is content with not trying to push the monetization of the feature just yet. Also Read: Coinmarketcap […]
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Hearing about the whopping figures that bitcoin exchanges are bringing in, one might be led to believe that all businesses in the field are making money hand over fist. Latest figures from Square, however, show that is not necessarily the case. At least not in the short term. Also Read: Bitcoin Is Not Used by […]
The post Square Made a Meager $0.2 Million From Bitcoin in Q1 2018 appeared first on Bitcoin News.
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Whether the markets were going up or down, one segment of the bitcoin industry has been consistently making serious money, trading venues. This has caused more companies to want to join the party and on the way offer stock investors exposure to the bitcoin ecosystem regardless of what some regulators think. This seems to be […]
The post Square Cash Stock Spikes Due to Analyst’s Bitcoin Trading Optimism appeared first on Bitcoin News.
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