Stock Market Investors Might Want to Be Greedy & Pile into Square

The two biggest emotions that fuel the stock market are fear and greed. One will send stocks swooning, while the other can create bubbles. But as Warren Buffett famously says, “Be fearful when others are greedy and greedy when others are fearful.” If he’s right, then now’s the perfect time to pile into payments company […] The post Stock Market Investors Might Want to Be Greedy & Pile into Square appeared first on CCN Markets

Read More

Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the first time, after a successful The post Bitcoin-Friendly Square Cash is Now More Popular Than Venmo appeared first on CCN

Read More

Square Seeing ‘Real Growth’ in Bitcoin User Base: CFO

Square Inc. Chief Financial Officer Sarah Friar has hailed the impact of bitcoin support on the company as it continues to record strong growth driven primarily by its flagship Cash App, also known as Square Cash. “Rarefied Air” In a discussion with Emily Chang on Bloomberg TV, Friar remarked that the company is “super impressed” The post Square Seeing ‘Real Growth’ in Bitcoin User Base: CFO appeared first on CCN

Read More

Bitcoin Helps Square’s Stock Bounce

Jack Dorsey’s decision to support bitcoin trading in the Square Cash app is paying off. Payments platform Square Inc, of which Dorsey is at the helm, got a boost on Wednesday after Wall Street analysts said BTC trading would bolster the company’s quarterly results. The app lets customers trade BTC from their Cash App balance almost The post Bitcoin Helps Square’s Stock Bounce appeared first on CCN

Read More

Square Sees Bitcoin as a ‘Transformational Technology,’ Could Launch Cryptocurrency Exchange

The post Square Sees Bitcoin as a ‘Transformational Technology,’ Could Launch Cryptocurrency Exchange appeared first on CCN Digital payments firm Square views Bitcoin as a “transformational technology,” and analysts predict that the company could one day launch a cryptocurrency exchange. Bitcoin a ‘Transformational Technology,’ Says Square CEO Jack Dorsey The company made waves last year when it announced that it was launching a Bitcoin trading pilot program through Cash App, the firm’s The post Square Sees Bitcoin as a ‘Transformational Technology,’ Could Launch Cryptocurrency Exchange appeared first on CCN

Read More

Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million

The post Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million appeared first on CCN Fintech startup Circle reportedly paid $400 million to acquire cryptocurrency exchange Poloniex, positioning the institutionally-backed company as a direct rival to Coinbase in the US market. Poloniex Acquisition Rumored to Have Cost Circle $400 Million On Monday, CCN reported on Circle’s acquisition of Poloniex, which is currently the world’s 14th-largest exchange by 24-hour trading volume. The post Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million appeared first on CCN

Read More