Ark Invest sells $12M in Coinbase stock, $9.8M in Block Inc. shares amid crypto rebalancing https://t.co/H8jMsPam80 ...

Core Insights - Square is expanding its working capital solution, Square Cash Advance, to businesses in the United Kingdom, providing fast access to funds for daily expenses without interest, only a simple upfront cost [1][2] - The service allows approved businesses to receive funding within days, with repayments collected as a percentage of card sales until the balance is paid off [3] - Research indicates that small and micro businesses are actively seeking better cash flow solutions, with cash flow issues being the leading cause of small business failures in the U.K. [4][5] Business Impact - The introduction of Square Cash Advance aims to alleviate cash flow pressures for small to medium-sized businesses (SMBs), which have led 54% of them to rely on credit cards for funding [5] - The reliance on credit cards, while accessible, poses risks such as potential threats to credit scores and long-term financial stability due to the intermingling of personal and business credit [5] - Additionally, half of financial institutions reportedly reject micro-business loan applications due to issues with verifying legitimacy, highlighting a gap in funding options for these businesses [6]

Block (formerly Square Inc.) officially joined the S&P 500 index on Wednesday and announced a pilot for Bitcoin payment services. https://t.co/VMzOhn9nCt ...

https://t.co/qV7RFVJYgGjack (@jack):square sellers on bitcoin starting today ...

.@Jack @blocks (XYZ) has started adding the first customers for its Bitcoin payments service, just as the firm joins the S&P 500. https://t.co/o1C7W81xNW ...

Company Initiatives - Square 开始为卖家提供比特币支付服务 [1] Market Impact - Block 股票进入标准普尔 500 指数 [1]

Bitcoin Company @Blocks Officially Joins S&P 500https://t.co/TL76v4EOEh ...

The Bitcoin Payment, Wallet, App, Development, and Mining Hardware Company @Blocks Joins the S&P 500https://t.co/TL76v4EOEh ...

Block, which is set to join the index today, is the second crypto company to join the S&P 500. https://t.co/Mld3UL3pdL ...

JUST IN: Jack Dorsey's Bitcoin company Block will join the S&P 500 today https://t.co/FpQIyLeHWt ...