Square’s $3.5B Bitcoin Earnings Are A Bullish Sign for Institutional Adoption

Name: Square’s $3.5B Bitcoin Earnings Are A Bullish Sign for Institutional Adoption
Uploaded: 2021-05-08T00:44:29Z
Duration: 9 min 545 s
Description: Bitcoin's steady price this week may not have been flashy, but several important corporate moves are a bullish sign for things to come.

May 8, 2021

Bitcoin’s steady price this week may not have been flashy, but several important corporate moves are a bullish sign for things to come.

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Bitcoin’s steady price this week may not have been flashy, but several important corporate moves are a bullish sign for things to come. Square’s Q1 earnings revealed a $3.5 billion bitcoin-related profit for Cash App alone, NYDIG hired a top hedge fund titan, and Goldman Sach’s first bitcoin derivatives products hit the market. “All About Bitcoin’s Week-in-Review panel discusses this week’s big bitcoin news.

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