According to foreign media reports, Square, a subsidiary of the us mobile payment company & NBSP; Cash The App said it sold 17,269 bitcoins, or $65.5 million, in the first quarter of 2019, up 70 percent from the previous quarter. One media outlet thinks it's a Jack Dorsey (the founder of Twitter and Square) is credited with driving bitcoin's rise.
NewsBtc predicts a bitcoin production cut by the second half of the year as well as Cash Users buy more, then cash&cake; The bitcoin sold by App will account for about 200% of the global bitcoin mining output, which is likely to further push the bull market in a positive direction.
It doesn't just mean Cash The increase in App transactions due to the favorable price of bitcoin means that more and more ordinary people are buying bitcoin through traditional mobile Internet channels and entering the digital cryptocurrency ecosystem.
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