Macquarie analyst Paul Golding likes the long-term outlook for Square-parent Block Inc., but he worries that a potential “valuation squeeze” could put pressure on its shares in the short run. Read more
Tag: Block Inc.
As crypto prices crash, some blockchain projects may be struggling to survive
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
These companies hopped on the crypto train when times were booming. Which are exposed in a downturn?
During recent cryptocurrency booms, companies have been quick to jump on the trend, whether by reorienting their entire businesses around the buzzy theme, building meaningful crypto features alongside more traditional Read more
Is your crypto with Celsius or Voyager? Factors that determine whether you may get your money back
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
Klarna to raise new funds at slashed $6.5 billion valuation
Klarna Bank AB is nearing a deal to raise new money at a valuation of around $6.5 billion, according to people familiar with the matter, a humbling comedown and a testament Read more
Bitcoin to record the worst first half of a year in history. Here’s what to watch in crypto for the second half.
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, Read more
Cash App users can now invest in stock and bitcoin with their spare change
Block Inc. seems positioned to drive more links between its various offerings with a new feature that lets users automatically invest the spare change from Cash Card debit purchases in Read more