Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App

Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin Lightning Network. Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped up on April 9. The Lightning Network (LN) is a layer-2 solution for Bitcoin meant to facilitate faster and cheaper transactions. Financial technology company PayPal operates the payment app Venmo as a direct competitor with Block’s (formerly Square) Cash App.…

Cash App users can now invest paychecks into Bitcoin

At the Bitcoin 2022 conference in Miami on Thursday, Cash App announced a new feature for U.S. customers that will allow them to automatically invest a portion of their direct deposit paychecks into Bitcoin (BTC). The mobile payment service run by Jack Dorsey’s Block, formerly known as Square, will enable Cash App Visa Cash Card users to opt into this “Paid in Bitcoin” feature at no cost. Cash App’s Bitcoin product lead Miles Suter, who made the announcement Thursday, explained that any percentage from 1% to 100% of their direct deposits can…

Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network Services – Bitcoin News

At the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s mobile payment platform. The mobile payment platform Cash App will feature a “paid in bitcoin” service that allows users to auto-invest their work pay into bitcoin. Cash App Adds 3 New Bitcoin Services Jack Dorsey’s Block announced in Miami that the Cash App mobile payment system will offer three new features. The San Francisco company explained that the first feature will be a “paid in bitcoin” service that allows people…

Cash App Now Allows the Conversion of Paychecks into Bitcoin

Summary: Cash App has launched a new service that allows its users to convert their paychecks into Bitcoin The new feature named ‘Paid in Bitcoin’ allows users to select what percentage of their direct deposits to be converted to BTC U.S. customers will be the first to test out the new feature, and only available to those with activated Cash Cards The payment service provider of Cash App, through its parent company of Block (formerly known as Square), has announced a new feature that allows its users to invest their…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io HERKESE MERHABA Piyasalar da olan gelişleri yakından takip edebileceğiniz yorum ve analizlerle bakış açısı elde edebileceğiniz kanalımın linki üzerinde detaylı analizlere ulaşabilirsiniz. önceklile abartılı yorumlar olmadığını gerçekçi ve piyasa ile uyumlu analizlerle doğru bilgilere ulaşmanızı sağlamaya çalışıyorum dolar altın ve paritelerde bir hareket olacaksa analizlerimden kaçması zor ve değerlendirmelerimde objektif olduğumu ve siyasi olarak bir amaç gütmeyen sadece piyasa oyun ve koşullarında yorumlarımla sizlerleyim beni twiter da takip etmek isteyenler bu linkten facebook sayfam yeni açıldı orada takip etmek isteyenler için link…

Bill proposes digital currency that replicates cash, bypasses the Fed

The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies. The legislation calls for the U.S. Secretary of the Treasury to develop and pilot an electronic version of the U.S. dollar that is easy to use for the economically marginalized or technically challenged. It would also “maximize” consumer protection and data privacy, according to its principal sponsor Representative Stephen Lynch, chair of the Fintech Task Force in the House Financial Services Committee. Interestingly,…