Here’s Why Twitter Shares Surged at Thursday’s Opening Bell

The Dow Jones Industrial Average and other US stock market indices opened to moderate losses on Thursday. However, shares of social media giant Twitter posted strong gains during pre-market trading on Thursday in response to strong analyst forecasts and consolidated them after the opening bell. Bank of America Gives Twitter Stock Double Upgrade to ‘Buy’

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Alt-Right Twitter Gab Spoke Too Soon: Square Account Now Deactivated

The declaration by free speech social network Gab that the firm was still allowed on Square’s bitcoin-friendly Cash App after being banned on other platforms may have been premature. This emerged after the social media platform that is occasionally referred to as “alt-right Twitter,” over its popularity with extremist right-wingers, disclosed that the personal Square

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Why Square Shares Surged 15% in 2 Days, Outperforming the Dow

In the past 48 hours, the stock price of Square, a mobile payment company operated by Twitter CEO Jack Dorsey, surged by more than 15 percent, after recording a 10 percent gain on January 7. The short-term recovery of technology stocks, with giants in the likes of Microsoft, Amazon, and Alphabet recording gains in the

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Coinbase De-Platforms Gab While Square Allows Bitcoin Withdrawals

Gab, an anti-censorship social media platform, has reportedly been de-platformed by Coinbase, one of the world’s largest Bitcoin wallets and exchanges. On January 5, the Gab team said the accounts of both Gab and Andrew Torba, the CEO of Gab, were closed by Coinbase. As predicted: the on ramps and off ramps (exchanges) are going

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Bitcoin-Friendly Square Uses App and Algorithms to Issue Business Loans

Payments company Square is moving into new markets by issuing business loans and will soon move to consumer lending. Its data collecting and analyzing algorithms are deciding creditworthiness letting borrowers arrange their loans in a few taps. According to WSJ reporting, one Texan food truck owner accepted a loan offer within the Square app, then

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How Did Twitter CEO’s Square Overtake Coinbase as #1 Bitcoin Buying App?

Square, a payment platform for merchants and individual users operated by Twitter CEO Jack Dorsey, has surpassed Coinbase to become the most widely used iOS app to buy Bitcoin (BTC). The platform, called Cash App on Apple’s iOS store, also overtook YouTube to become the number one top free mobile application on the iOS store,

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$43 Million in Bitcoin Trades Help Square Beat Q3 Earnings Estimates

Square, the merchant payment service provider which thrives on its mobile card readers and applications, has posted its third-quarter shareholder report, and it includes $43 million in bitcoin revenue. Slim Margins on Bitcoin Overall, they’ve made 51 percent more than they did last year up to this point, and revenue is 68 percent better than

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Square Open-Sources Bitcoin Cold Storage System

Square, the digital payments giant that last year rolled out bitcoin trading through Cash App, its peer-to-peer mobile finance service, has open-sourced the system that the firm uses to manage cold storage for these cryptocurrency assets. Announced in a blog post penned by Square security engineer Alok Menghrajani, the company said that it chose to

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Bitcoin Accepted [Everyw]here: Square Wins Patent for Cryptocurrency Payment Network

Digital payments firm Square has won a patent for a payment network that allows merchants to accept payments in any currency, including bitcoin or another cryptocurrency. Square Wins Patent for Crypto Payment Network Public documents published on Aug. 21 show that the U.S. Patent & Trademark Office (USPTO) has approved Square’s application to patent a

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Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the first time, after a successful

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