Square posts $65 million in Q1 Bitcoin revenue – May 2

📈 30 Second Price Summary

Current Bitcoin Price: $5529

The market is up an average of just under 2% on the 24 hour chart, with Bitcoin up closer to 3%. Ethereum and XRP have respectively risen and dropped by about 0.5%, while Bitcoin Cash is up around 2.5%.

There are no notable trends for altcoins today, aside from most coins trading in the green about one percent. The exception is Binance Coin, which is up close to 8% today.

Top Stories for 2nd May 2019 🔥

👉 Square posts $65 million in Q1 Bitcoin revenue

Square is the fast-growing payment gateway that offers users the ability to purchase Bitcoin in it’s Cash app. Since mid-2018, the service has been available to buyers in all 50 US states.

In its quarterly books, Square has reported a whopping $65 million in Bitcoin revenue for the first quarter of 2019. The figure is up significantly from the first quarter of 2018, which saw $34 million in Bitcoin revenue.

👉 US tax payers can now get refunds in BTC

In some US states, the ability to pay taxes with Bitcoin has recently become a possibility — but the coupling of cryptocurrency and taxes seems to be getting tighter…

Thanks to a collaboration between Refundo and Bitpay, US tax payers can now receive their tax refunds in Bitcoin, for a $35 fee. Although this is an exciting prospect, the fee seems absurd!

👉 TRON posts laughable “Developer Guide”

TRON has come under fire a lot recently, and the Reddit community isn’t done with nitpicking.

The TRON team recently posted a Developer Guide on Medium. A Reddit user saw the guide and quickly noticed that all that was included was a list of exchanges on which you can purchase the TRX token!

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