Cash App

A new tax law that took effect at the start of 2022 is not being welcomed by users of mobile payment services. What Happened: Starting this year, the IRS is requiring mobile payment apps such as Zelle, Block Inc.'s (NYSE: SQ) Cash App and Paypal Holdings Inc.'s (...

Block Inc’s (NYSE: SQ) Cash App users can give the gift of Bitcoin (CRYPTO: BTC) to their loved ones, this holiday season. What Happened: Cash App said in a tweet Tuesday that users can send as little as $1 in stock or BTC. With Cash App, you can now send as little as $1 in stock or bitcoin....

Square Inc (NYSE: SQ) shares recovered a bit from a difficult period last week after the digital payments leader reported lackluster third-quarter earnings. Last Thursday, Square reported an adjusted third-quarter EPS loss of 37 cents, in-line with analyst estimates. Square also reported...

Square Inc’s (NASDAQ: SQ) Cash App is now available for teenagers —13 years and above — but that doesn’t mean they can buy Bitcoin (CRYPTO: BTC). What Happened: Cash App, which was only available for those aged above 18 years, is now available to 13 years and above...

Square Inc’s (NYSE: SQ) Cash App third-quarter revenue from Bitcoin (CRYPTO: BTC) fell over 33% compared to the previous quarter. What Happened: The Jack Dorsey-led company said in its Q3 earnings letter that the Cash App generated $1.82 billion of BTC revenue in the period — a...

Square Inc's (NYSE: SQ) Cash App and PayPal Holdings Inc's (NASDAQ: PYPL) Venmo are two of the most popular mobile payment applications. So which one is being downloaded more in the Apple Inc (NASDAQ: AAPL) app store right now? Cash App held the 11th spot on Oct. 1 before trending...

Twitter Inc. (NYSE: TWTR) is now testing Lightning Network-powered Bitcoin (CRYPTO: BTC) tipping service. What Happened: According to a MacRumors report, Twitter's latest beta update allows to send Bitcoin tips to content creators through a Lightning Network integration...

In recent weeks, investors and Megan Thee Stallion fans may have noticed the hashtag #CashAppForHotties trending periodically on their social media feeds. The promotion represents a partnership between the Square Inc (NYSE: SQ) Cash App and Megan Thee Stallion to give away shares of stock as a part...

One of the rallying cries for retail investors in 2021 has been to “buy the dip.” The popular phrase centers around adding to a position or starting a new position in a stock or cryptocurrency when a significant drop happens. Cash App has a series of new custom orders that include a...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 39.1%. But there is no question some big-name stocks performed better than others along the way. Square’s Big Run: One...

Megan Thee Stallion is following in the footsteps of fellow celebrity Miley Cyrus by partnering with financial payments company Square Inc.’s (NYSE: SQ) Cash App to give away $1 million worth of stock to her fans. What Happened: Megan Thee Stallion said on Twitter that she is partnering with...

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. What Happened: Cash App’s BTC revenue stood at $3.5 billion while gross profit was $75 million, both of which have surged 11 times...

Ahead of earnings from payment processing companies, an analyst at Rosenblatt Securities picked his five favorite names in the space. The Ratings: Analyst Sean Horgan maintained a Buy rating on PayPal Holdings, Inc. (NASDAQ: PYPL) and increased the price target from $320 to $350. The analyst...

Coinbase (NASDAQ: COIN) is one of the most highly anticipated IPOs the market has seen in some time. The company is going public with strong interest and an increased valuation for Bitcoin (CRYPTO: BTC), the largest cryptocurrency by market cap. Coinbase reported year-over-year revenue growth...