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Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3
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Jack Dorsey’s Square Building Bitcoin Hardware Wallet to Make Crypto Custody More Mainstream
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Jay-Z and Jack Dorsey-owned music streaming service could feature NFTs and smart contracts
Jay-Z and Jack Dorsey emphasized the benefits smart contracts and NFTs can offer to artists.
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New Data Shows Bitcoin Captured Net Gains For Six Consecutive Months
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Selling Social Media Posts for $1.5 Million? Blockchain-Certified Tweet Sales Spark NFT Controversy
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Almost 80% of Square’s Cash App Q3 revenue was from Bitcoin
Square’s Cash App has increased Q3 Bitcoin revenue by 1,100% after more than $1.6 billion Bitcoin was purchased by users
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40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset
News of the discovery of approximately 40 million troy ounces of gold in Russia’s Siberian region is likely to boost the profitability of the country’s biggest gold producer, while adding to the supply of the “scarce” resource. Reports say the Polyus owned the Sukhoi Log contains 540 million tonnes of ore, which translates to an […]
The post 40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset appeared first on Bitcoin News.
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JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success
JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says that with millennials set to become a more important market participant in the coming years, their preference for bitcoin to gold sets up the crypto for […]
The post JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success appeared first on Bitcoin News.
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$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply
The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion dollars. This past August the billion-dollar firm Microstrategy announced it purchased 21,454 BTC for around […]
The post $10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply appeared first on Bitcoin News.
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