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Cryptocurrency

Bitcoin Surges to $18,600

Bitcoin surged on Friday to its highest level in about three years, at $18,600. The largest cryptocurrency is re-approaching its all-time high a little over $19,783. On Friday, the digital currency rose by 4.5%, extending its weekly gains to 16%, the largest seen since June 2019. Year-to-Date, Bitcoin has gained …

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Square Buys $50 Million in Bitcoin

Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million which represents about 1% of Square’s total assets as of the end Q2 of 2020. “Square believes that cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system, which …

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