Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

In and Ecocreds partner to stimulate transparent, blockchain-driven sustainability

2025-06-01

Memecoin investors should not look at the SEC for protection, “says Commissioner Hester Pierce

2025-06-01

Bitcoin Rich List: who stacks, who is addicted?

2025-06-01
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    In and Ecocreds partner to stimulate transparent, blockchain-driven sustainability

    2025-06-01

    IQ AI and OpenLedger work together to improve intelligent automation

    2025-06-01

    Ripple makes a fundamental statement about blockchain -transforming finances

    2025-06-01

    VeChain wants to transform the supply chain from Amazon with confidential evidence

    2025-06-01

    Binance and Pakistan IT ministerie Rollen Blockchain Education Program out for 80,000 students

    2025-06-01
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Memecoin investors should not look at the SEC for protection, “says Commissioner Hester Pierce

    2025-06-01

    IMF requires urgent clarification of Pakistan more than 2,000 MW of Power Allowance to Bitcoin -Mybouw

    2025-06-01

    Humans leads $ 3,490,000 from the US government, various companies in bank fraud: Doj

    2025-06-01

    American authorities charge six people in connection with alleged $ 66,000,000 Food Stamp -Fraud schedule

    2025-05-31

    American authorities punish the Philippines-based company for alleged computer infrastructure for crypto pig breaking stop

    2025-05-30
  • Analysis

    Bitcoin will explode to new all time High, just like traders are super bearish to btc, according to analyst

    2025-06-01

    Analyst who has nailed 2021 Bitcoin -Top, predicts new leg for Bitcoin – but there is a catch

    2025-06-01

    Hyperliquid Bitcoin Whale loses $ 100 million because the BTC price falls under $ 105k

    2025-06-01

    Bitcoin can go to the impending correction mode for ‘weeks and weeks’, according to analyst Willy Woo – here is why

    2025-06-01

    Cronos Tart Crypto Market Downtick on Friday as asset manager Canary Capital Files for CRO ETF

    2025-05-31
  • Learn

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27

    Crypto Margin Trading: How It Works and How to Manage the Risks

    2025-05-26

    Wat is circulerende levering in cryptocurrency?

    2025-05-23

    What Is a DEX (Decentralized Exchange)?

    2025-05-21
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Web 3»Wait… are daily BTC payments already a thing?
Web 3

Wait… are daily BTC payments already a thing?

2023-08-04No Comments1 Min Read
Share
Facebook Twitter LinkedIn Pinterest Email

TL;DR

  • Block Inc. crushed their quarterly reporting reporting a total of $5.5 billion in net income in the second quarter, of which $2.4 billion came from Bitcoin.

  • Block’s ‘Cash App’ uses the BTC Lightning Network to let users make small and quick payments between each other, in crypto.

Full story

It’s time for quarterly results!

ICYMI, yesterday we mentioned that Coinbase’s earnings report was about to be released; and it turns out they crushed it in Q2.

(Meanwhile, the US government is $37 trillion in debt – that’s a T for “trillion” people).

Another company whose quarterly results were released yesterday was Block Inc., founded by Jack Dorsey.

They also crushed it, reporting a total of $5.5 billion in net income in the second quarter, $2.4 billion of which came from Bitcoin.

Block’s ‘Cash App’ uses the BTC Lightning Network to let users make small and quick payments between each other, in crypto.

They charge a small fee for each transaction, just like American Express charges a small fee for using their credit cards.

Turns out many small fees can turn into:

  1. a lot of people included in Web3.

  2. Billions of dollars (or $2.4 billion in the quarter to be exact).

Two thumbs up, we’d love to see it!

Source link

See also  South Africa is advancing financial inclusion with cryptocurrency and digital payments reforms
BTC Daily Payments Wait
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin will explode to new all time High, just like traders are super bearish to btc, according to analyst

2025-06-01

Reach new highlights with .ath: the domain for high-flyers

2025-06-01

$ 202 million in Long Liquidations Rock Bitcoin Market – What is the next step for BTC price?

2025-06-01

Hyperliquid Bitcoin Whale loses $ 100 million because the BTC price falls under $ 105k

2025-06-01
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Blocksquare introduces a new marketplace tool for investing in hotels

2024-07-25

Bigbang Dao works together with Bitgert to Redfine AI-driven decentralization

2025-04-08

TrendX will integrate with Neo

2024-07-21
Editors Picks

Crypto analyst says: “XRP is dead” sentiment is a lie, reveals the truth

2025-04-22

Donald Trump’s crypto stance: ‘End the Democrats’ un-American crackdown’

2024-07-10

Dogecoin (DOGE) Dips: A Warning Sign or a Hidden Opportunity?

2025-01-10

What can cause a sharp decline?

2023-06-08

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

In and Ecocreds partner to stimulate transparent, blockchain-driven sustainability

Memecoin investors should not look at the SEC for protection, “says Commissioner Hester Pierce

Bitcoin Rich List: who stacks, who is addicted?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,544.860.74%
  • ethereumEthereum(ETH)$2,537.19-0.06%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.17-0.51%
  • binancecoinBNB(BNB)$659.14-0.06%
  • solanaSolana(SOL)$156.65-0.44%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.193339-0.29%
  • tronTRON(TRX)$0.2702081.71%
  • cardanoCardano(ADA)$0.68-1.04%
  • hyperliquidHyperliquid(HYPE)$33.811.73%
  • suiSui(SUI)$3.321.42%
  • chainlinkChainlink(LINK)$14.04-0.49%
  • avalanche-2Avalanche(AVAX)$20.86-0.29%
  • stellarStellar(XLM)$0.2673510.83%
  • bitcoin-cashBitcoin Cash(BCH)$404.66-2.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.61-0.08%
  • the-open-networkToncoin(TON)$3.201.98%
  • shiba-inuShiba Inu(SHIB)$0.0000130.99%
  • hedera-hashgraphHedera(HBAR)$0.1682820.32%
  • litecoinLitecoin(LTC)$88.350.81%
  • polkadotPolkadot(DOT)$4.06-0.78%
  • moneroMonero(XMR)$345.727.29%
  • bitget-tokenBitget Token(BGB)$4.770.64%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • daiDai(DAI)$1.00-0.01%
  • pepePepe(PEPE)$0.0000120.83%
  • piPi(PI)$0.64-3.49%
  • uniswapUniswap(UNI)$6.333.23%
  • aaveAave(AAVE)$247.95-1.37%
  • bittensorBittensor(TAO)$414.05-4.20%
  • aptosAptos(APT)$4.800.95%
  • okbOKB(OKB)$50.05-0.79%
  • nearNEAR Protocol(NEAR)$2.451.10%
  • crypto-com-chainCronos(CRO)$0.104582-1.62%
  • ondo-financeOndo(ONDO)$0.840.33%
  • internet-computerInternet Computer(ICP)$4.940.63%
  • ethereum-classicEthereum Classic(ETC)$17.110.48%
  • gatechain-tokenGateToken(GT)$19.23-0.34%
  • kaspaKaspa(KAS)$0.0885994.81%
  • mantleMantle(MNT)$0.680.68%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.330.57%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2151510.20%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • vechainVeChain(VET)$0.0243280.11%
  • render-tokenRender(RENDER)$3.910.77%
  • ethenaEthena(ENA)$0.3148231.61%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.76-0.20%
  • worldcoin-wldWorldcoin(WLD)$1.161.39%
  • filecoinFilecoin(FIL)$2.57-1.11%
  • bitcoinBitcoin(BTC)$105,544.860.74%
  • ethereumEthereum(ETH)$2,537.19-0.06%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.17-0.51%
  • binancecoinBNB(BNB)$659.14-0.06%
  • solanaSolana(SOL)$156.65-0.44%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.193339-0.29%
  • tronTRON(TRX)$0.2702081.71%
  • cardanoCardano(ADA)$0.68-1.04%
  • hyperliquidHyperliquid(HYPE)$33.811.73%
  • suiSui(SUI)$3.321.42%
  • chainlinkChainlink(LINK)$14.04-0.49%
  • avalanche-2Avalanche(AVAX)$20.86-0.29%
  • stellarStellar(XLM)$0.2673510.83%
  • bitcoin-cashBitcoin Cash(BCH)$404.66-2.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.61-0.08%
  • the-open-networkToncoin(TON)$3.201.98%
  • shiba-inuShiba Inu(SHIB)$0.0000130.99%
  • hedera-hashgraphHedera(HBAR)$0.1682820.32%
  • litecoinLitecoin(LTC)$88.350.81%
  • polkadotPolkadot(DOT)$4.06-0.78%
  • moneroMonero(XMR)$345.727.29%
  • bitget-tokenBitget Token(BGB)$4.770.64%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • daiDai(DAI)$1.00-0.01%
  • pepePepe(PEPE)$0.0000120.83%
  • piPi(PI)$0.64-3.49%
  • uniswapUniswap(UNI)$6.333.23%
  • aaveAave(AAVE)$247.95-1.37%
  • bittensorBittensor(TAO)$414.05-4.20%
  • aptosAptos(APT)$4.800.95%
  • okbOKB(OKB)$50.05-0.79%
  • nearNEAR Protocol(NEAR)$2.451.10%
  • crypto-com-chainCronos(CRO)$0.104582-1.62%
  • ondo-financeOndo(ONDO)$0.840.33%
  • internet-computerInternet Computer(ICP)$4.940.63%
  • ethereum-classicEthereum Classic(ETC)$17.110.48%
  • gatechain-tokenGateToken(GT)$19.23-0.34%
  • kaspaKaspa(KAS)$0.0885994.81%
  • mantleMantle(MNT)$0.680.68%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.330.57%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2151510.20%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • vechainVeChain(VET)$0.0243280.11%
  • render-tokenRender(RENDER)$3.910.77%
  • ethenaEthena(ENA)$0.3148231.61%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.76-0.20%
  • worldcoin-wldWorldcoin(WLD)$1.161.39%
  • filecoinFilecoin(FIL)$2.57-1.11%