Square


Markets

Square to Support Greener Bitcoin Mining as Part of Zero-Carbon Pledge

Square will dedicate $10 million to the development of clean bitcoin mining technologies.

CEO Jack Dorsey's company is part of a consortium demanding answers.

Finance

Crypto Buying App Ziglu Bags Largest Raise of 2020 on UK Crowdfunding Site Seedrs

U.K.-based bitcoin app Ziglu raised over $8 million in a crowdfunding campaign, the largest equity raise on the Seedrs platform this year.

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Finance

Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know

With bitcoin’s price hitting a new all-time high on Monday, retail investors will inevitably want to get in on the original crypto asset.

bitcoin-value-soars-and-drops

Markets

Square Agrees to Buy Credit Karma's Tax Preparation Service for $50M

Cash App will make the DIY tax-prep software available for free to its 30 million monthly users.

square

Finance

Square Reports Over $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings

"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."

Square CEO Jack Dorsey

Tech

Square Funds Designer to Make Crypto Wallets Usable by Anyone

Maggie Valentine was awarded a grant to help make bitcoin wallets less complicated for non-crypto users.

Maggie Valentine

Finance

Baby Steps or Handcuffs? Crypto Pros Assess PayPal’s Bitcoin Play

Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?

Smartphone Apps

Markets

JPMorgan Calls Square's $50M Bitcoin Investment 'Strong Vote of Confidence' for the Cryptocurrency

Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote.

JP Morgan Chase's corporate headquarters

Markets

First Mover: Bitcoin Hits $11K as Square Exposes $2.3T Corporate Money Pot

Square's $50M bitcoin purchase has analysts doing back-of-the-envelope math on the possibility of rising allocations from corporate treasurers.

S&P 500 companies have a combined $2.3 trillion in cash and short-term investments, a new money pot for bitcoin marketers.

Markets

Market Wrap: Bitcoin Surges on Square News to $10.9K; December Ether Options Pile Up

Bitcoin’s price jumped on news of payments firm Square’s investment while traders have amassed over $165 million in ether options open interest for December expiration.

CoinDesk 20 Bitcoin Price Index