Square Cash App Expands to All 50 US States and Allows All Members to Buy Bitcoin (BTC)

square cash app expands to all 50 us states and allows all members to buy bitcoin btc

Square just announced that with its Square Cash app, all users are now able to buy Bitcoin in all 50 US states. Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL — Cash App (@CashApp) August 13, 2018 Square Ahead of the Competition Square was originally founded by Twitter’s CEO, Jack Dorsey. The Cash App initially rolled out its Bitcoin services months ago but had to go state-by-state to get approval. Recently, it was reported that Square also secured the so-called ‘BitLicense’…

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Bitcoin (BTC) Falls Close to $6,500 After SEC ETF Delay

bitcoin btc falls close to 6500 after sec etf delay

The latest Bitcoin news is that Bitcoin (BTC) has taken a major hit this week and has dragged the rest of the cryptocurrency market down with it. At press time, the total cryptocurrency market is sitting at just above $225 billion, which is $75 billion lower than what it was just two weeks ago. Within the last 24 hours, the crypto market has dropped almost $20 billion. Bitcoin News: Bitcoin (BTC) Struggles According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,509.67, down -8.50% in 24 hours. For the week,…

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Is Bitcoin Broken? Tom Lee Says Bitcoin Misery Index Indicates No

is bitcoin broken tom lee says bitcoin misery index indicates no

Tom Lee has always remained optimistic about Bitcoin. True, the Tom Lee Bitcoin price target did change from $25 thousand to $20 thousand last month, but the Fundstrat co-founder is still confident. In fact, Lee remains confident because of what the Fundstrat Bitcoin Misery Index is indicating. Fundstrat Bitcoin Misery Index: BTC is at 39% On Monday, Tom Lee went against the Bitcoin bears, announcing that no, Bitcoin “isn’t broken,” even if it stays at the current price—which, at press time, is $7,120.73. He also said that Bitcoin is not…

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Will Starbucks Make Buying Coffee with Bitcoin (BTC) Easier?

will starbucks make buying coffee with bitcoin btc easier

Bitcoin for coffee. It has a nice ring to it. But actually using Bitcoin (BTC) to buy coffee? Turns into a big mess real fast. However, that might be about to change. Starbucks just hinted that it might soon have a way to make using BTC to pay for coffee a whole lot easier for its loyalists. Bitcoin for Coffee Currently, it’s possible to buy Starbucks coffee with Bitcoin, but it isn’t an easy process. The global coffee giant in the past teamed up with Square, which accepts Bitcoin. However,…

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Bitcoin has Dropped by 45% this Year, and Goldman Sachs Expects More

bitcoin has dropped by 45 this year and goldman sachs expects more

Goldman Sachs appears to have mixed feelings towards Bitcoin. Earlier in 2018, the bank said it was planning on opening a BTC trading desk. Yesterday, a former Goldman Sachs executive said a Bitcoin ETF was possible. Yet, in the Goldman Sachs midyear economic-outlook report, Bitcoin was reported to decline even more than it has so far already this year. Goldman Sachs Midyear Economic-Outlook Report According to the bank’s investment strategy group, Bitcoin’s price has declined by 45% this year, and it’s not going to stop anytime soon. Why, though? Sure,…

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Bitcoin is Getting Bakkt! NYSE Owner to Offer Federally Regulated Market for Bitcoin

bitcoin is getting bakkt nyse owner to offer federally regulated market for bitcoin

Announced this morning is some pretty major news that Bitcoin bulls have been waiting for; Intercontinental Exchange (ICE) – the trading giant that owns the New York Stock Exchange – has a goal of breaking Bitcoin into mainstream currency and it plans to do this by forming a new company called Bakkt.  Bakkt is soon to be launched by Wall Streets major player, but it also joins forces with some of America’s biggest companies including Microsoft and Starbucks.  What’s Going On? This morning ICE announced that its new company is…

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