Square stock rises as analyst points to strong merchant willingness to accept bitcoin as payment

Shares of Square Inc. SQ, -2.56% are up 1.3% in premarket trading Wednesday after an analyst at Instinet cited high merchant willingness to accept Bitcoin BTCUSD, -4.46% as a form of payment. According to Instinet's recent survey of Square merchants, 60% said they would be willing to accept Bitcoin, …
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Bitcoin investors remain confident as price RISES despite new year's plummet

Scott Weiss, a 48-year-old lawyer who bought bitcoin at its peak of $ 19,000 in December last year, claims he is unfazed by the recent turbulence the cryptocurrency faced in the last two months. He said: “I feel the exact same about my crypto investments at a $ 20k price as I did about it at a $ 6,500 price.
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Bitcoin Rises Again As Cryptocurrency Gets a New 'Pal' In Peter Thiel

A few days after the media reports appeared saying that PayPal-s co-founder Peter Thiel's 'Founder Fund' invested over $ 15 million in bitcoins last year, the cryptocurrency prices started recuperating again. The bitcoins prices had hit a glass ceiling near $ 14,000 towards the end of 2017, but have started …
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Bitcoin rises 10% on Peter Thiel fund's likely holding; may revisit December high

According to Reuters, bitcoin may revisit its December 17, 2017 high of $ 19,666 in three months, as suggested by its wave pattern. The deep correction from this high has been driven by a wave (4), the fourth wave of a five-wave cycle from the July 16, 2017 low of $ 1,830. This wave is expected to be …
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Bitcoin rises after report says early Facebook investor Peter Thiel is buying massive amounts

Peter Thiel's Founders Fund has bought millions of dollars in bitcoin, The Wall Street Journal reported Tuesday, citing sources familiar with the situation. Those holdings are worth hundreds of millions of dollars, the newspaper says. It wasn't clear whether Founders had sold any of its holdings, the report …
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