Square’s Bitcoin Integration Turns $37 Mln Revenue in Q2 2018

Square’s Bitcoin Integration Turns $37 Mln Revenue in Q2 2018

"Mobile payment service Square reveals $37 mln Bitcoin revenues for last quarter, up $3 mln from the previous quarter"

_{Read more: cointelegraph.com}

More news sources

Bit by Bitcoin: Square’s Cryptocurrency Profits Doubled in Q2

Bitcoin and other cryptocurrencies may have continued to endure a bear market during the second quarter of 2018, but that did not stop digital payments firm Square from recording a 100 percent increase in BTC profit over Q1. Square, which added bitcoin tr...

_{Read more: www.ccn.com}

Op-ed: Bitcoin Cash’s First Anniversary — Where Are We Now?

August 1st marks the first birthday of Bitcoin Cash (BCH), the cryptocurrency that launched (forked) a year ago from bitcoin with the simple purpose of increasing the space available to make transactions through the bitcoin protocol. Bitcoin Scaling Debat...

_{Read more: www.ccn.com}

$37 Million of Bitcoin Revenue Helps Square Accelerate Growth in Q2

Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. While the company still made very little profit from cryptocurrency trading in Q2, managem...

_{Read more: news.bitcoin.com}

Square’s Profits from Bitcoin Double in Q2 2018

Square reports $37 million in revenue from its Bitcoin operations, but the profit remains modest.

_{Read more: cryptovest.com}

Other hot crypto news today

• Australian State Government Invests in Crypto Startup to Promote Regional Tourism
• Bitpay COO Believes Bitcoin is “Working” as Means of Payment
• Coinbase Adds British Pound Support, Customers to Buy/Sell Crypto via UK Banks
• Decentralized Payment Network Logos Raises $3 Million in Seed Funding
• Report: Use of Bitcoin in Commerce Hit Low in May After Peaking at $411 Mln Last Year
• Blockchain in Media: How Blockchain Can Help Advertising
• Philippines' Proposed ICO Rules Presume All Tokens Are Securities
• Increasing Number of Nations Are Competing to Be the Most Bitcoin-Friendly
• Shares in Novogratz’s Crypto Bank Galaxy Digital Plunge 20% in Toronto Exchange Debut

_{Follow me @cryptonized for the latest cryptocurrency news...}