Bitcoin stabilized near $50,000 earlier today following news that Jack Dorsey’s payments company Square purchased a further $170 million worth of the cryptocurrency. In its Q4 earnings report released on Tuesday, Square disclosed that it had bought 3,318 bitcoins for a combined $170 million, following on from a $50 million purchase disclosed last October. Square now has […]Read full post Bitcoin recovers over $50,000 following Square’s $170 million purchase. on Chaintimes.com.