Express

PayPal and Square Average Daily Bitcoin Purchases Exceed Bitcoin Output

Amy Liu

Summary: The data shows that PayPal currently buys about 600 to 700 bitcoins a day, while Square buys about 400 bitcoins a day. Bitcoin miners currently produce about 900 bitcoins per day, which means that the newly produced bitcoins can only meet the purchases of PayPal and Square. By Amy Liu

The data shows that PayPal currently buys about 600 to 700 bitcoins a day, while Square buys about 400 bitcoins a day. Bitcoin miners currently produce about 900 bitcoins per day, which means that the newly produced bitcoins can only meet the purchases of PayPal and Square.

By Amy Liu

Last Update:

Tags: ,,
Link: PayPal and Square Average Daily Bitcoin Purchases Exceed Bitcoin Output   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 8 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 15 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 19 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 26 days ago
  • You need to login to comment.