Cash App

Dorsey Sticking to Bitcoin, No New Cryptocurrencies Planned for Cash App

Square CEO and fintech investor maintains a firm and bullish position on Bitcoin, as revealed in a Q3 earnings call for Cash App. Sponsored Sponsored Moreover, the billionaire entrepreneur said that Cash App has no future plans to accept any other cryptocurrencies at this point. “Our focus is on helping Bitcoin become the native currency of the internet…we have a number of initiatives towards that goal,” Dorsey said.  Bitcoin ‘resilience, fundamentals, and principles’ This comes in the midst of bullish market trends for BTC. After a new all-time high of over

Twitter launches BTC tipping for iOS users via Lightning Network

Twitter has launched a tipping feature worldwide via bitcoin’s Layer 2 Lightning Network. The social media company has more than doubled the amount of bitcoin deployed on the network since the start of 2021. The San Francisco-based Twitter enabled tipping via BTC for global users of the iOS, with Android access promised “soon,” FuturesMag disclosed. The feature also gives users the option of tipping content creators in fiat currencies via third-party services like Venmo, Cash App, and Wealthsimple Cash. It is worth noting that Square’s Cash App — a payment

Bitcoin and Visa Transactions Plunge But Pizza Deliveries Are Up

Online purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions.With many around the world self-quarantining or otherwise recommended to stay inside to prevent the spread of COVID-19, one might assume there would be an increase in online purchases and deliveries. Yet with unemployment on the rise and an uncertain economic future, it seems consumers want to save their money rather than spend it.Bitcoin transactions rivaling those during crypto winterThe crypto market is not exempt from this