Square App Bitcoin buyers doubled in Q3 2019, Micree Zhan claims he was removed from Bitmain without consent, and Bitcoin is trading around 9.200 USD
Here is your daily overview of interesting, important and market moving cryptocurrency news.
Bitcoin buyers for Square’s Cash App doubled in Q3 2019
Twitter CEO Jack Dorsey’s Square’s Cash App reported many new first-time Bitcoin (BTC) buyers in Q3 2019, according to a letter to its shareholders.
The letter stated: “First-time Bitcoin buyers have approximately doubled and Cash Card orders have seen a meaningful uplift.”
Micree Zhan claims he was removed from Bitmain without consent
Micree Zhan, the co-founder of major Chinese Bitcoin mining hardware producer Bitmain, claimed that he was removed as a legal representative of the company without his consent.
Zhan claims that he will return “as soon as possible through legal methods to end this very critical moment.”
Bitcoin is trading around 9.200 USD
After Monday’s short peak to almost 9.600 USD and some small waves afterwards, Bitcoin is now trading around 9.200 USD.
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