15 Nov '17, 11pm

Bitcoin pops after Square says it's letting some app users buy and sell the cryptocurrency

Bitcoin pops after Square says it's letting some app users buy and sell the cryptocurrency

Bitcoin was on a tear Wednesday after mobile payments company Square confirmed it was letting some people buy and sell bitcoin on its Cash app. Bitcoin was trading at $7,284, up more than 10%, at 5:18 p.m. ET. Square, on the other hand, ended the trading day up 2.3%. Square, the mobile payments firm, is running a trial that allows some users of its Cash platform to buy and sell bitcoin. The news, which was reported by TechCrunch , sent Square's stock to an all-time high of $41.80 per share soon after the markets first opened. It gave up some of those gains during the rest of the trading day and closed at $40.66 per share, up 2.3%. Bitcoin is also in the green today. The cryptocurrency, known for its wild price swings, was trading up more than 10% at $7,284 per coin at 5:18 p.m. ET, according to data from Markets Insider. Square added the feature to Cash, a rival to Venmo, ...

Full article: http://www.businessinsider.de/bitcoin-price-and-square-st...

Tweets

Square Cash is letting some users buy and sell ...

techcrunch.com 15 Nov '17, 4am

Square is testing cryptocurrency support in their Cash app, according to TechCrunch reader Zach Miles on Twitter and confi...

Square Cash is letting some users buy and sell ...

techcrunch.com 15 Nov '17, 4am

Square is testing cryptocurrency support in their Cash app, according to TechCrunch reader Zach Miles on Twitter and confi...

Square tests buying and selling bitcoin inside its payment app

Square tests buying and selling bitcoin inside ...

engadget.com 15 Nov '17, 6pm

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