Tag: square

  • Crypto
    Crypto

    Square and eToro 3x User Base by Integrating Crypto, Others Lag Behind

    The crypto market has undoubtedly begun to permeate into legacy systems, with several forward-thinking firms beginning to make a foray into this space over the past months. While these moves are often seen as high-risk, as a result of the negative image propagated by the mainstream media and consumers,...

    Nick Chong | September 10, 2018 | 8:30 am
  • Industry

    Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

    The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset...

    Joseph Young | August 19, 2018 | 11:13 am
  • crypto trader
    Crypto

    Crypto Trading Fees a Major Revenue Driver Despite Market Decline

    Top analysts from major money management firm Sanford C. Bernstein & Co. believe that revenue from crypto trading fees will double in 2018, despite declining interest and prices in cryptocurrencies like Bitcoin and Ether. Bernstein Suggests Crypto Trading is the Next Big Thing New York-based global asset management...

    Tony Spilotro | August 17, 2018 | 5:30 pm
  • Bitcoin

    Square Sees Stock Price Explode As Its Bitcoin Service Expands

    Square, the financial services company started by Twitter’s co-founder Jack Dorsey, has been seeing its crypto service expand rapidly. Nomura Instinet: Square Is Decoupling From Bitcoin’s Performance Bitcoin has seen a dismal year so far, to be frank, with the foremost cryptocurrency taking a tumble from $20,000 down...

    Nick Chong | July 14, 2018 | 2:00 pm
  • Bitcoin
    Bitcoin

    Jack Dorsey’s Square Obtains Ninth BitLicense Ever

    Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the...

    Ricardo Esteves | June 18, 2018 | 9:00 pm
  • Industry

    Bitcoin Trading Helped Square More Than Double in Value Last Year

    Shares of payment firm Square Inc. more than doubled in value last year, and the company has seen an almost 50% increase in its stock since it began offering Bitcoin trading to it’s customers in November. Square Sees Stock Prices Soar Thanks to Bitcoin Trading Square added about $8...

    Thomas Delahunty | June 1, 2018 | 2:00 am
  • Bitcoin

    Square Embraced Bitcoin After Twitter CEO Jack Attended a Hackathon

    Jack Dorsey has some very interesting opinions when it comes to Bitcoin. He thinks it will become the world’s single currency in ten years from now. However, his companies have always been adverse to Bitcoin and other cryptocurrencies. That recently came to change when Square integrated Bitcoin support....

    JP Buntinx | May 17, 2018 | 8:27 am
  • Bitcoin

    $19 Billion Square’s Market Cap Surges 15% Due to its Bitcoin Venture

    Companies venturing into Bitcoin trading are taking a big risk. This largely unregulated market remains subject to a lot of volatility. For Square, their decision to offer Bitcoin trading has paid off in spades. Nomura Instinet analysts claim Square will bee see a “healthy” boost to Q1 earnings...

    JP Buntinx | April 19, 2018 | 9:30 am

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