Blockchain 

Square’s Cash App Is Testing a Stock Trading Feature

Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks. Expanding Cash App Citing a source familiar with the matter, Bloomberg reported on Sept. 12 that the San Francisco-based startup’s employees began testing the new feature in recent weeks. Once released, it will allow Cash App users to make free stock trades. Square has reportedly not yet determined the exact date of the new option launch. Cash App and crypto Square made Bitcoin (BTC) deposits available on Cash App in late…

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Blockchain 

Santiago Stock Exchange Forms Latin America’s First Blockchain Alliance

The Santiago Stock Exchange (STE), Central Securities Depository (DCV) and the Global Trade Directory (GTD) announced a new blockchain association. Latin America focused business intelligence firm BNamericas reports on Aug. 27 that STE, DCV and GTD have set up a consortium for blockchain financial application development, which is reportedly the first such initiative in Latin America. Blockchain-based stock trading coming to Latin America The agreement foresees the creation of a business blockchain network: infrastructure meant to connect stock market clients worldwide via nodes that will provide access to the different…

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Blockchain 

South Korea’s Shinhan Bank Developing a Blockchain Stock Lending System

South Korea’s oldest bank, Shinhan Bank, is developing a Distributed Ledger Technology (DLT)-enabled stock lending platform, local media Econonews reports on Aug. 1. Blockchain-based stock lending Per the report, Shinhan Financial Investment signed an agreement with financial services company Directional to develop a blockchain-based stock lending service on May 28. Personal stock lending is part of a broader development of innovative financial services that are currently being pursued by the company. Not the first Shinhan Blockchain-based Service At the end of May, Shinhan Bank, has also launched a blockchain-enabled lending…

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Bitcoin 

Bitcoin Goes Beyond $10K, US Stock Markets Drop Amid Trade War Fears

Friday, Aug. 2 — Bitcoin (BTC) consolidated at around $10,500, while the top 20 coins by market cap are seeing mixed signals. 13 out of 20 top cryptos by market cap are seeing green at press time, with Texos (XTZ) recording the biggest gains in the list, up more than 6%, according to CoinMarketCap. On the other hand, Litecoin (LTC), the fourth biggest crypto, dropped the most, down more than 4% over the past 24 hours. Market visualization from Coin360 Following a recent bullish move, Bitcoin continued to fluctuate at…

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Bitcoin 

Bitcoin Price Holds $10,000 as US Stock Market Sees Minor Uptick

Bitcoin (BTC) price climbed back above the $10,000 mark again while the top 20 are seeing mostly red on Aug. 1.   Market visualization courtesy of Coin360 Bitcoin price is currently up by 1.06% on the day, trading at around $10,034 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 2.68%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported earlier today, Raoul Pal, a former head of equities and equities derivatives at Goldman Sachs UK office and the founder of Global Macro…

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Ethereum 

Bitcoin-Friendly Square Cash App Stock Price Up 56% in 2019

Cash App, they payments app of San Francisco-based payments company Square, announced a Bitcoin (BTC) giveaway in a tweet published on July 26 as its stock price continues to grow, according to MarketWatch. Giving away Bitcoin In its tweets, the official Cash App Twitter account announced that it will give away $50,000 in Bitcoin. In subsequent tweets, Cashapp also pointed out that the number of tweets grew first to 12,300, and then to 40,300.   As Cointelegraph reported at the end of June, Square already enabled Bitcoin deposits to all…

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Blockchain 

R3 to Support a Startup-Focused Stock Exchange in Brazil

Blockchain consortium R3 has partnered with Brazilian fintech company Banco Maré to launch a stock exchange for investing in technology firms. Banco Maré, a blockchain-powered digital bank focused on financial inclusion, intends to build a tokenized stock exchange offering investments in technology companies with “social impact,” Cointelegraph Brazil reports July 16. The new R3 technology-backed platform, provisionally named BVM12, will purportedly open a new funding source for technology startups, as well as enable individual investors to generate dividends from investments in new technologies, the report notes. Rio de Janeiro-based Banco…

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Bitcoin 

Bitcoin Falls under $11,450 as US Stock Market Sees Minor Downturn

Saturday, July 13 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $11,450 mark again. Market visualization courtesy of Coin360 Bitcoin is currently down by over 1% on the day, trading at around $11,430 at press time, according to Coin360. Looking at its weekly chart, the coin is up by almost 3.8%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported yesterday, the Chairman of the United States Federal Reserve has said that almost nobody uses Bitcoin for…

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Blockchain 

Bitcoin Broke $12,500 as US Stock Market Sees Minor Downturn

Tuesday, July 9 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) broke the $12,500 mark again. Market visualization courtesy of Coin360 Bitcoin is currently up by nearly 6% on the day, trading around $12,545 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 15.64%. Bitcoin 7-day price chart. Source: Coin360 A Twitter account of a Bitcoin enthusiast pointed out earlier today that, on major cryptocurrency exchange Binance, a user sold about 7,350 BTC,…

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Blockchain 

Bitcoin Falls Under $10,800 as US Stock Market Sees Minor Downturn

Tuesday, July 2 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin (BTC) hovers over the $10,600 mark again. Market visualization courtesy of Coin360 Bitcoin is currently up by about half of a percent on the day, trading around $10,649 at press time, according to Coin360. Looking at its weekly chart, the coin is down by about 3.63%. Bitcoin 7-day price chart. Source: Coin360 According to a recent report from equity research platform Seeking Alpha, Facebook’s new cryptocurrency project really can…

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