Square"s bitcoin move has caused internal disagreement: CEO Dorsey

Futures, Bitcoin Jump, Oil Drops As Markets Move Beyond This Weekend's Sc.....»»

Bitcoin’s corporate holders, such as Tesla, Square and Microstrategy, may be in for the long haul despite the sharp downturn hitting cryptos......»»

Bitcoin’s been in the limelight for months but a frenzied crash and subsequent mini snap-back in its price in the course of a single day in May was remarkable even by its own volatile standards. The swings set Wall Street on edge, caused outage.....»»

China's move to restrict crypto activity may have helped spark a broad selloff for digital assets. But the move, which appears aimed at bolstering the country's own digital yuan efforts, could backfire, says one analyst......»»

Metro Phoenix is a 106 million-square-foot market. Sublease space did double in 2020, but that only resulted in an additional 1.2% of vacancy for the year, according to internal SIOR data......»»

Two of the world's most prominent billionaires Tesla Inc.'s CEO Elon Musk and Jack Dorsey are facing off over the merits of bitcoin, with the future of the world's No. 1 crypto likely hanging in the balance......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Dan Ives of Wedbush said the move was a "shocker, and added that this could increase volatility for Tesla. Tesla CEO Elon Musk Britta Pedersen / POOL / AFP via Getty Images Dan .....»»

Square currently holds 8,027 bitcoin worth more than $400 million. Reuters Square chief financial officer Amr.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The self-proclaimed "Technoking" had only recently agreed with Twitter boss Jack Dorsey, saying bitcoin "incentivizes" renewable energy. Tesla CEO, Elon Musk. Win McNamee/Getty Images Crypto fans decried Elon Musk's unex.....»»

The Pershing Square Capital Management foun.....»»

“We do see a pretty incredible opportunity around lending to individuals,” said Square CEO Jack Dorsey......»»

A bill proposed in the New York State could force local miners of Bitcoin (CRYPTO: BTC) and other crypto assets to move or stop their activities for three years. read more.....»»

Square Inc’s (NASDAQ: SQ) Cash App generated 11 times more revenue from Bitcoin (BTC) in the first quarter of 2021 compared with a similar period last year. read more.....»»

Square once again saw booming use of the bitcoin-trading functions within its Cash App, helping the payments company easily exceed expectations for its first quarter......»»

The bill will specifically look into the greenhouse gas emissions caused by bitcoin mining, including its effects on water, air, and wildlife. Cryptocurrency Mining. Andia/Getty Images A bill in New York seeks to halt bitcoin mining for .....»»

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"The breakout from earlier this month dictates a bullish bias beyond the coming weeks, having yielded a measured move projection of ~$3,000." Dado Ruvic/Reuters Ether hit record highs on Tuesday after br.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»