During an investor call, Square’s chief financial officer has revealed bitcoin-related “engagement” has surged on its Cash App as the market became volatile amid the coronavirus pandemic.
Cryptocurrency donations app BABB has waived cash-out fees for COVID-19 fundraisers on its platform. To be eligible, organizations the funds are being raised for must “specifically be supporting those most affected by COVID-19.”
A recently published report claims 11% of Indonesians own some form of cryptocurrency. Millennials in the country are known for having gold in their investment portfolios, but the data on crypto may be skewed.
Top stories in the Crypto Roundup today:
- Bitcoin ‘Engagement’ Surged on Square’s Cash App Amid Market Volatility
- Crypto Donations App BABB Waives Cash-Out Fees for COVID-19 Fundraisers
- 11% of Indonesians Own Some Form of Cryptocurrency, New Report Claims
At the time of writing, bitcoin (BTC) is trading at $6,794.88 (0.71%) with a daily Top Tier volume of $3.24. As for ether (ETH), it is trading at $140.29 (-0.09%) with a daily Top Tier volume of $733.46 million. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 2,232.17 (2.45%).