Major crypto-related stocks and funds rallied Tuesday as bitcoin climbed 3%, and the Dow Jones Industrial Average DJIA jumped more than 700 points. The largest cryptocurrency BTCUSD is trading at Read more
Tag: Block Inc.
Crypto CEOs are leaving their jobs. Here’s why
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more
Fintech startup Yotta customer wins $500,000 in sweepstakes drawing
A Georgia resident named Nicolette, in the midst of a breakup with her husband, was looking online for a new bank when she came across a financial technology startup called Read more
Block has ‘enormous potential’ but is bogged down by focus on bitcoin, analyst says in downgrade
Is Block Inc. suffering from creative block? That seems to be a takeaway from a Mizuho note Thursday, as analyst Dan Dolev downgraded shares of the Square parent company and Read more
Will ether price fall after the ‘Merge’ in September?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest Read more
Block stock drops after earnings, as Square’s parent company swings to a loss
Shares of Block Inc. fell 6% in after-hours trading Thursday after the payment-technology company swung to a loss and projected that July volume growth for the Square seller business would Read more
Block stock drops after earnings, as Square’s parent company swings to a loss
Shares of Block Inc. fell 6% in after-hours trading Thursday after the payment-technology company swung to a loss and projected that July volume growth for the Square seller business would Read more
Lost money from $4.5 million crypto wallets exploit? Here’s what you should do
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest Read more
Block may be in trouble as economy sours, but Cash App could save it for now
On paper, Block Inc.’s varied businesses all are potentially sensitive to a weakening economic environment, and revenue and earnings are supposed to decline from last year. In reality, the story Read more
Clover finds winning formula as it takes on the ‘Apple’ of payment devices
Tucked inside nearly 40-year-old Fiserv Inc. is a Square-like business that’s actually larger than the flashy Jack Dorsey company. Fiserv’s FISV, -2.18% Clover business may not have the same pop-culture Read more