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Jack Dorsey’s Square Takes In Over Half A Billion Dollars From Cash App Bitcoin Services In Q2

Bitcoin, the largest cryptocurrency by market valuation and obviously the most publicized has also been largely adopted by investors and enthusiasts. However, some institutional investors have been slow to bank on the asset class due to fears of the asset’s high volatility which has been noted to be between 60% and 100% over its lifetime […] дальше »

2021-8-5 18:49


Square’s Cash App Reports $2.7B In Quarterly Bitcoin Revenue, A 200% Jump

Square has had a busy weekend. The company made headlines for it’s purchase of Australia-based fintech firm, Afterpay, in an all-stock deal.  Square then went on to release it’s Q2 2021 Shareholder Letter, filled to the brim with company insights – including some strong growth numbers in crypto transactions on Square’s mobile product, Cash App. дальше »

2021-8-2 07:54


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PayPal’s “Super App” to Offer New Crypto Functionalities

PayPal, the popular payment processing company, has indicated that its customers may not have to wait anymore to see new crypto-centric functions on their platform. Dan Schulman, PayPal’s CEO, stated today during the company’s Q2 2021 investor call that the company’s debut edition of its super app wallet was “code complete.” The head of PayPalRead More дальше »

2021-7-30 18:00


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Cardano Is Taking Over Q3 2021, Here’s What To Expect From The Asset

Cardano, the fifth-largest cryptocurrency by market cap, after not doing so badly in Q1 and Q2 of 2021, seems to be positioning itself to be the best performing asset of Q3, 2021. The open-source project founded in 2015 by the co-founder of Ethereum, Charles Hoskinson, has also received a significant boost with its inclusion to […] дальше »

2021-7-10 01:08


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Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2

During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable and old data […] дальше »

2021-7-5 23:30


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ETH 2.0 Contract Exceeds 6 Million Ether, Data Shows Ethereum Outperformed BTC in Q1 and Q2

Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain metrics show that Ethereum has seen some significant drawdowns in recent times and decentralized finance (defi) activity has slowed compared to last summer’s statistics. Despite […] дальше »

2021-7-2 19:30