Cash

Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit

Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit

Square said Tuesday that it made $875 million in bitcoin revenue via its Cash App service during the second quarter of 2020.  The release — which came a day early stemming from what Square called an “early external access of the company’s quarterly financials” — also notes that Cash App generated $17 million in bitcoin …

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Grayscale Moves to List Bitcoin Cash and Litecoin Trusts for OTC Traders

Grayscale Moves to List Bitcoin Cash and Litecoin Trusts for OTC Traders

Grayscale Investments has announced that its digital asset funds Bitcoin Cash Trust and Litecoin Trust have cleared a regulatory hurdle in their march to begin being quoted on over-the-counter markets. Nikhilesh De contributed reporting Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by …

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