The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Square Reveals 72% Surge in Bitcoin Buys – BTC, Ethereum, XRP, Litecoin, Binance Coin, Bitcoin Cash, Tron, EOS, Cardano, Stellar Forecasts

by Daily Hodl Staff
May 2, 2019
in Trading

[the_ad id=”36860″]

Square is reporting a surge in Bitcoin buys on its popular Cash App.

In the first quarter of 2019, the company’s sales of BTC to its mobile app users jumped 72% over the previous quarter, from 10,025 BTC to 17,269 BTC. The numbers are from January through March, and don’t include a likely boost in trading during Bitcoin’s big rise above $5,000 in early April.

The company reports adjusted revenues at $489.05 million, up 59.4% year over year and up 5.3% from the previous quarter.

[the_ad id=”36860″]

Crypto analysts are taking a look at the historic rise in Bitcoin sales on Cash App over the past year in order to gauge where things may head in the next two quarters.

If BTC sales on Square Cash maintain current growth rates, then by the next Bitcoin halving (May 2020), roughly 2 BTC will be purchased on Square Cash for every new BTC that is mined. pic.twitter.com/GPxXhaGK15

— Yassine Elmandjra (@yassineARK) May 1, 2019

Right now, the crypto markets are

 

Technical analysts are split on altcoins, with CoinDesk’s Omkar Godbole outlining three hurdles in the way of a Bitcoin rally to $6K.

Bitcoin

CoinDesk – BTC looking north, but quick rise above $6,000 may be difficult

Blockonomi – Bitcoin Bulls remain in driver’s seat

Ethereum

FXStreet – ETH/USD recovery capped by $166.50 barrier

Coinspeaker – Bears are still in control of the Ethereum market

[the_ad id=”36860″]

XRP

NewsBTC – XRP price holding key support, with fresh upside in play

FXStreet – XRP/USD troubling triangular structure

Litecoin

Blockonomi – Likely development of Litecoin’s 5th wave

Crypto Daily – LTC/USD trying to establish a base above its 50-bar MA

Bitcoin Cash, EOS, Binance Coin, Stellar, Cardano, Tron

Cointelegraph – BTC, ETH, XRP, BCH, LTC, EOS, BNB, XLM, ADA, TRX Price Analysis

Blockonomi – Bitcoin Cash price turns bullish as Binance Coin and Bitcoin Rise

[the_ad id=”36860″]

[the_ad id="42537"] [the_ad id="42536"]
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Meta Earth Network 2.0 – Pioneering Web 3.0 Innovation With Rewards and Global Events
    June 20, 2025
  • Perceptron Network Merges With BlockMesh To Create First End-to-End Decentralized AI Data Infrastructure
    June 20, 2025
  • Bubblemaps Integrates With TON, Enhancing Transparency in Telegram’s Native Blockchain Ecosystem
    June 19, 2025
  • NATIX Network Launches DePAI Initiative, Merging DePIN Infrastructure With Decentralized AI
    June 19, 2025
  • BitVault Raises $2 Million From GSR, Gemini and Auros To Launch BTC-Backed Money
    June 18, 2025
  • TAC Raises $11.5 Million To Bring DeFi to Telegram’s Billion-User Ecosystem
    June 18, 2025
  • Falcon Finance Launches Pilot Season of Falcon Miles Points Program To Reward Ecosystem Participants
    June 18, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$102,747.53
$102,747.53
1.14%
Ethereum
$2,274.44
$2,274.44
6.88%
BNB
$630.62
$630.62
1.81%
Solana
$133.00
$133.00
6.59%
XRP
$2.02
$2.02
5.37%

Spotlight

  • Walmart, Amazon and Other Multinational Giants Considering Issuing Stablecoins: Report
    June 15, 2025
  • 65-Year-Old Forced Out of Retirement After Losing ‘Everything’ in Elaborate Bank Fraud Scam
    June 15, 2025
  • Crypto Strategist Warns of up to 80% Bitcoin Correction in Next Bear Market Fueled by Selling of Major BTC Adoption Group
    June 15, 2025
  • Woman To Serve Four Years in Prison for Role in $800,000 Business Email Hack That Tricked Victims Into Sending Fraudulent Bank Wires
    June 15, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl