Market analysts are attributing Bitcoin’s sudden surge above $19,000 to aggressive demand from financial institutions and leading companies in the United States.
Square, Inc. is a financial services and mobile payment company founded in 2009 by Twitter developers Jack Dorsey and Jim McKelvey and is headquartered in San Francisco, California. Square has various products for businesses and individuals. The most noticeable of them are Square Cash and Square Point of Sale (Square POS). The Square Cash app is a mobile payment service application that has recorded 7 million active users in February 2018. Square Cash enables fiat transactions to bank accounts and debit cards. Square Cash also offers Bitcoin purchases and transfer to other users. Square POS is an application for inventory management and business analytics. Square is available in Canada, Australia, the U.K., the U.S. and Japan. It has a strong financial performance and rates of growth, gradually expanding and acquiring new businesses.
Intuit, which also owns TurboTax, is not allowed to control all consumer tax software, says DoJ.6618
Bitcoin's supply crunch could be having a dramatic impact on price, according to Pantera Capital.90094
With Joe Biden being declared the next President of the United States, Ripple CEO Brad Garlinghouse is making sure his company’s messaging aligns with the new administration.13294
Square’s Cash App has increased Q3 Bitcoin revenue by 1,100% after more than $1.6 billion Bitcoin was purchased by users8280
The crypto-friendly social media platform keeps its pro-Bitcoin CEO.12793
The average Bitcoin transaction is now worth more than $150,000.13567
The entry of firms like Square, MicroStrategy and Stone Ridge may open the BTC floodgates and provide “confidence for the rest to follow.”20836
The New York Department of Financial Services found that crypto firms blocked the Twitter hackers’ crypto addresses within 40 minutes.12948
They went so far as to refer to cryptocurrency as "an instrument of economic empowerment."11208
Square is launching a consortium to pool patents and democratize access to innovative blockchain technologies.8097
Unique entities hit their highest weekly average since early 2018 as bullish network momentum snowballs.10702
Bitcoin trading drove $875 million in quarterly revenue for the U.S-based financial services firm Square, comprising a 75% gain over Q1 2020.6817
Another class action lawsuit against Plaid has been filed citing the company violated user data privacy.8665
Coinbase’s “data plumber” denies storing users’ login credentials in plain text along with all the other allegations in a new class-action complaint.3450