Cash App News

Jack Dorsey-led Block generated $2.52 billion in total Bitcoin (BTC) sales to customers in the fourth quarter of 2023, up 37% year-over-year. Additionally, Block received $207 million in overvalued Bitcoin assets. At the end of last year, Block had about…

In the wake of a damning report by short-selling firm Hindenburg Research, Jack Dorsey’s Block Inc. (SQ) faced its worst week in over three years. Hindenburg’s allegations, centered around overstated user numbers and involvement in criminal activity, have sent shockwaves…

CashApp users in the U.S. can now send and receive Bitcoin quickly and cheaply after the platform's integration of the Lightning Network.

Burger chain giant Shake Shack Inc is taking advantage of the cryptocurrency wave by offering bitcoin as a reward for purchases made using Cash App wallet.

Square is planning to develop a new platform for decentralized finance called ”TBD.” The company’s CEO, Jack Dorsey, made the news public through a tweet. Non-custodial DeFi Platform Jack Dorsey announced the development on Thursday, July 15, on Twitter with…

PayPal will begin allowing U.S. consumers to utilize their crypto holdings to make payments at millions of its online merchants globally, a move that could significantly uplift the use of digital assets in everyday commerce. A Convenient Route for U.S…

The social media giant Twitter, on Mar 1, announced a $1.25 billion convertible bond offering. Anthony Pompliano now speculates Jack and his team may be preparing to allocate a portion of funds raised to Bitcoin, following MicroStrategy’s route. Will Twitter…

Square’s Cash App’s revenue from bitcoin continues to rise exponentially as FOMO sets in amid increasing BTC price. Bitcoin is the King According to Square’s third-quarter report, Cash App’s revenue generated in the form of bitcoin skyrocketed over $1.63 billion.…

More companies are expected to join the bitcoin (BTC) bandwagon. JPMorgan Bullish on Bitcoin Banking titan JPMorgan expects more companies to follow Square’s Cash App by introducing support for payments in the premier cryptocurrency. Several analysts at JPMorgan are hopeful…

Jack Dorsey’s Square has announced on August 4, 2020, that it generated a massive $875 million in bitcoin (BTC) revenue via its Cash App platform in the second quarter of 2020. The firm’s report shows that over 30 million people…

Square’s Cash App recently added a new feature that will enable automatic recurring Bitcoin purchases on its platform. Also, users can now change their display to satoshi on the Cash App platform.  Stacking Sats Frequently on Cash App The CEO…

Square, a mobile payments platform, recently announced the addition of a new feature that would enable users to deposit their COVID-19 stimulus payment to its bitcoin-friendly Cash App. Square’s Cash App Now Allows COVID-19 Stimulus Package Deposits According to a…

Details from Square’s recent shareholder letter show that the company sold $517 million worth of Bitcoin in 2019 with sales of the top cryptocurrency accounting for about half of its revenue in Q4 of last year. Bitcoin Accounts for Half…

When asked whether Twitter would be interested in joining the Libra Association, Jack Dorsey met the inquiring journalist with a prompt “hell no”. Dorsey’s reaction is not surprising in the slightest as he has previously spoken of his issues with…

Bitcoin is becoming increasingly popular in the U.S. with an observable quarterly increase in BTC sales in the country. This trend is despite a year-long bear market that characterized all of 2018. Some commentators believe more money will flow into…

PayPal’s ambivalent stance over the digital currency might be changing as CFO John Rainey has stated that the payment processor has created teams to study both blockchain and cryptocurrency, as reported by Forbes on May 10, 2019. PayPal previously allowed…