Tag: square

  • Bitcoin

    Analysts Applaud Square’s Bitcoin Strategy as Brilliant Despite Low Profitability

    It has been nearly one year since San Fransisco-based payment processing company, Square, rolled out peer-to-peer Bitcoin trading within their popular Cash App, allowing customers to buy, hold, and sell the cryptocurrency without incurring any fees. The company’s decision was lauded by the company’s investors and the cryptocurrency...

    Cole Petersen | December 20, 2018 | 11:00 pm
  • Crypto

    Bitcoin Friendly Square Tops iOS Store: Can Coinbase Reclaim Its Throne?

    Although Coinbase is lauded for its ability to innovate, even in stormy market conditions, there has been growing sentiment that the prominent platform has begun to stumble, falling victim to the dissipation of crypto’s active retail investor scene. Yet, Coinbase has made in glaringly apparent that it intends to...

    Nick Chong | December 11, 2018 | 2:10 pm
  • Bitcoin

    BitPay CEO: Fidelity and Bakkt Will Drive Next Major Bitcoin Rally

    The chief operating officer of global bitcoin payment service BitPay is not worried about the latest downward moves in the price of the largest cryptocurrency by market capitalization. Sonny Singh expects Bitcoin to surge towards the $15,000-$20,000 area over the next year as institutional incumbents launch blockchain-powered products....

    Ricardo Esteves | November 25, 2018 | 8:16 pm
  • Bitcoin
    Bitcoin

    Square Generates $43 Million in Bitcoin Revenue in Q3, Profits Reach $500,000

    Mobile payments and merchant services provider Square, Inc. has revealed its Q3 revenue report, and with it has shared some positive growth in Bitcoin-related revenue. Square Shows Steady Continued Growth in Bitcoin Revenue According to Square’s third quarter 2018 revenue report, the mobile payment firm generated $431 million...

    Tony Spilotro | November 9, 2018 | 10:00 pm
  • Crypto
    Industry

    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
    Industry

    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

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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