Square Cash Bitcoin Sales Will Overtake Mining Rate After 2020

Square’s Cash app reported record Bitcoin revenue once again, in its Q1 2019 earnings report. If growth continues at this rate, there could soon be 2 BTC bought on Square Cash for each one mined. Record Quarterly Bitcoin Sales On Cash App Jack Dorsey’s financial services provider, Square, posted another quarter of record BTC sales through […]

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Bakkt Raises $182.5M From Microsoft And Other Big-Name Investors

Bakkt on Monday announced the completion of its first funding round, to the tune of $182.5 million. The platform which aims to offer the first-ever Bitcoin-settled futures contracts in the coming year says it is going ahead with its plans irrespective of the current market conditions. $182.5 Million in Funding From High Profile Investors In […]

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BREAKING: Mt. Gox ‘Bitcoin Whale’ Trustee Won’t Sell Any More BTC

Allen Scott · June 22, 2018 · 9:00 am The Tokyo District Court has approved the commencement of civil rehabilitation in the ongoing Mt. Gox bankruptcy — with the process to expected to start early next year.  Mt. Gox Trustee Won’t Dump Any More Bitcoin Mt. Gox creditors are one step closer to receive more […]

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