Square

Square

Pasar

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

Keuangan

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

Teknologi

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

Keuangan

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

Pasar

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

Pasar

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.

Pasar

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

Pasar

The Market Reacts to Square’s $50M Bitcoin Buy

Reactions from Bitcoin Twitter and beyond as Square puts 1% of its treasury assets into bitcoin.

Breakdown 10.8

Pasar

Square Forms Group to Stop Patent Hoarding From Stifling Crypto Innovation

Square said the Cryptocurrency Open Patent Alliance (COPA) will allow companies to access and share tech innovations with one another.

Square CEO Jack Dorsey

Pasar

Square Reports 600% Increase in Quarterly Bitcoin Revenue

Jack Dorsey's Square has seen one of the largest quarterly increases yet for its bitcoin business.

Square CEO Jack Dorsey