Re: Bitcoin Price Jumps as Square Case gets a BitLicense from New York State

Quote from: AlexanderPetrex on June 20, 2018, 01:41:49 PM

Bitcoin prices have increased due to the fact that the state of New York approved a BitLicense for the Squares Cash App that can now be used for Crypto Trading. The Square Cash App has approximately 7 Million monthly active users, as reported by Square Inc.

You Can Now Trade on Square cash Just Read Here... https://www.globaltechinsights.com/bitcoin-stock-jumps-as-square-case-gets-a-bitlicense-from-new-york-states-financial-department/

Okay, this certainly sounds like good news, but I don't see the price jumping up. On coinmarketcap the 24h change is 0.54% which is really nothing. The price is still extremely low, but if there were more pieces of news like that, perhaps people would start to invest in bitcoin more. I can see there's some change in the usage of bitcoin. Today my friend was buying a keyboard online and there was an option to pay in the online shop by using bitcoin as well as debit cards. We need real use cases for the market to truly recover.