Latest Posts with CashApp tag

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Crypto for everyone Square makes Bitcoin (BTC) suitable for the masses

5 Jan 2021 6 minute read 0 comments Overmind

Bitcoin has what it takes to become a global reserve currency in the long term, said Square founder and CEO Jack Dorsey back in 2018. His payment service provider Square is now apparently setting the course for this scenario and recently, surprisingl...

Square's 10 million is leading the revolution on two fronts - GREEN and BITCOIN

8 Dec 2020 1 minute read 0 comments rmsadkri

I woke up to a wonderful news clipping this morning that aligns well with my professional alley. Square, who recently dived into Bitcoin investment, released a press statement that announced its plans to be Net Zero Carbon for operations by 2030. Thi...

Don't Get Your Bitcoin from CashApp Either

29 Nov 2020 1 minute read 10 comments AlucardLife

I've written about how Paypal is the worst place to get your bitcoin, but Square's CashApp is no better. Jack Dorsey comes across as a Woodstock hippie, but his company siloes any bitcoin you buy just like Paypal. That's right — if you buy bitcoin on...

Square Buys Credit Karma's Tax Service for Cash App Integration

26 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Payments firm Square will buy Credit Karma’s tax application for $50 million, according to a press release issued on Nov. 25. Square will buy the self-reporting tax filing service Credit Karma Tax on behalf of its Cash App The service will be made a...

Square With Over $1B in Bitcoin Revenue in Q3 2020

6 Nov 2020 1 minute read 3 comments Abhimanyu Krishnan

Financial services company Square, in its Q3 2020 earnings report published on Nov. 5, revealed that it had generated over $1 billion in revenue from Bitcoin (BTC) in the third quarter. Square’s CashApp drew in $1.63 billion, which pushed its gross...

Top 10 Publicly Traded Companies That Revealed Their Bitcoin Holdings

15 Oct 2020 6 minute read 1 comment Ravir3z

If you are wondering how much of your portfolio should be held in Bitcoin, you will find a bunch of different answers depending on where you look; As you can see, these headlines all show different percentage values for holding BTC in your portfol...

Tsunami of Leaders to Invest in Bitcoin, Says Tyler Winklevoss

12 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

Gemini exchange co-founder Tyler Winklevoss has made a strong prediction for the cryptocurrency market, tweeting on October 8 that a “tsunami” of big investors would be joining the market. In the tweet, Winklevoss referenced the $425 million investm...

Is Square Setting Themselves Up As A Bitcoin ATM Service? | Mass Adoption IS COMING!

9 Oct 2020 1 minute read 0 comments Casually Crypto

  Is the Crypto Winter over? It sure does feel like it. Big players like square is buying up crypto and is doing their part to push for mass adoption. Square doubling down on BTC is massive news for crypto mass adoption. While most only look at the...

Square Buys $50M Worth of Bitcoin

9 Oct 2020 1 minute read 4 comments Abhimanyu Krishnan

Payments company Square has doubled down on its cryptocurrency positions, announcing on October 8 that it had purchased $50 million worth of Bitcoin (BTC). Saying that the purchase “underscores Square’s purpose of economic empowerment”, Square’s pur...

How major fintech cos in APAC are turning to crypto for payments

23 Sep 2020 3 minute read 0 comments ClaudioxBarros

Today, many payment companies have already integrated blockchain and cryptocurrencies into their solutions. Over the past few months, many players in the traditional payments industry have refocused their strategies and offerings to meet the demand...