Monthly Archives: February 2020

Feb 26, 2020 at 21:35 UTCUpdated Feb 26, 2020 at 22:32 UTCSquare CEO Jack Dorsey. Credit: ShutterstockBitcoin Drove Half of Square’s Cash App Revenue in the 4th QuarterVery close to half the revenue on Square's Cash App in the fourth quarter came from bitcoin.Jack Dorsey's payments company reported on bitcoin (BTC) profits as part of…

Feb 26, 2020 at 21:14 UTCRayne Steinberg at Invest: NYC 2019 via CoinDesk archives The crypto industry is taking aim at one of Wall Street’s oldest redoubts: investing in the $17 trillion market for U.S. Treasury bonds. Arca Funds, a Los Angeles-based money manager specializing in cryptocurrencies, wants to create a fund to buy U.S. Treasury…

Feb 26, 2020 at 20:48 UTCUpdated Feb 26, 2020 at 21:20 UTCThe U.S. Securities and Exchange Commission (SEC) rejected Wilshire Phoenix's bid for a bitcoin-based exchange-traded fund (ETF).In a filing posted Wednesday, the securities regulator wrote the New York-based Wilshire Phoenix had not proven the bitcoin (BTC) market is sufficiently resistant to market manipulation. Wilshire,…

Feb 26, 2020 at 20:06 UTCUpdated Feb 26, 2020 at 20:12 UTCIs Bitcoin a Safe Haven or ‘Schmuck Insurance’?Canada decides a CBDC is unnecessary while the Twitterati debate BTC as a safe haven and the six-year anniversary of Mt. Gox brings reflection. For more episodes and free early access before our regular 3 p.m. Eastern…

Feb 26, 2020 at 19:41 UTCUpdated Feb 26, 2020 at 20:32 UTCDante Disparte. (Image via CoinDesk archives)Prime Broker Tagomi Becomes 22nd Member of Facebook’s Libra AssociationCrypto prime brokerage service Tagomi is joining the Libra Association, becoming the 22nd member and the second to join since the group was formally founded in October 2019.According to TechCrunch,…

Feb 26, 2020 at 19:25 UTCUpdated Feb 26, 2020 at 19:26 UTCEther prices, Jan. 1, 2020 to Feb. 26, 2020. Ether (ETH) has had a great 2020 so far. Though down nearly 20 percent from recent highs, the second-largest cryptocurrency by market value is still up a solid 80 percent on a year-to-date basis. Ether bottomed…