Bitcoin
- Modern Shipper
Slowing bitcoin revenue drags down Square earnings
Square posted a 45% increase in revenue, but lower-than-expected bitcoin revenue dampened analysts’ enthusiasm for the Q3 results.
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Circle raises $440 million, eyes possible SPAC
Circle, which offers cryptocurrency-based payments for internet transactions, raised $440 million and is eyeing a potential SPAC deal.
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Square benefits from improving economy, Bitcoin investment to post 266% revenue hike
An improving economy and a $170 million investment in Bitcoin drove payment provider Square’s revenue up 266% and profits up 79%.
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PayPal: ‘Strongest first-quarter results’ in company history
PayPal reported its “strongest first-quarter results” in company history on Wednesday, posting $6.03 billion in revenue and a 46% increase in total payment volume.
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Tesla mum on Semi progress as it posts record income
Tesla is focusing on making more cars, securing battery cells and finishing gigafactories in Texas and Germany. The Semi is again in the background.
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Venmo customers now can buy and sell cryptocurrencies in app
PayPal has enabled the ability for customers on Venmo to buy and sell cryptocurrencies within the app.
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PayPal enables consumer crypto payments
PayPal announced it will allow consumers to make online payments with cryptocurrencies through its Checkout with Crypto offering.
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Cryptocurrencies gaining traction as e-commerce payment option
As cryptocurrencies gain in popularity, more e-commerce brands and payment platforms are incorporating the coins into their payment systems.
Read More » - FreightWaves Insiders Podcast
Should freight companies pay their employees in bitcoin? – FreightWaves Insiders
Can bitcoin be used as a recruiting tool for freight companies? Plus, meme stocks, Robinhood drama, Doge and more
Read More » - Modern Shipper
Square posts strong Q4, full-year earnings; purchases $170M in bitcoin
Payment services provider Square posted 101% net revenue growth in 2020 over 2019 and 45% growth in net profit as it benefited from large growth…
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