CFO Amrita Ahuja told CNBC on Wednesday that Square’s cash app platform saw a surge in first-time bitcoin buyers last month. “In 2020 we had 30 million people transacting in Bitcoin through the Cash app and 1 million new ones in Bitcoin in January. [2021]”A day after his company made …
Read More »Bitcoin (BTC) goes above $ 50,000 after buying more than a square
In this photo the value of bitcoin virtual crypto currency is displayed on the phone screen. STR | Nourphoto | Getty Images The price of Bitcoin bounced back on Wednesday after a sharp sell-off, with Square announcing that it had bought pt 170 million worth of cryptocurrencies. At 4 a.m. …
Read More »Bitcoin (BTC) rally is partly driven by more institutional investors, says PWC
SINGAPORE – Bitcoin’s record-smashing rally was seen in recent weeks, in part. The market was driven by the entry of larger, institutional investors, according to Henry Arslanian, global crypto leader at PwC. The digital currency surpassed 30,000 for the first time on Saturday and rose more than 300% in 2020, …
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