FinTech

Mike Novogratz can be a hard man to read. As a billionaire investor and former ex-hedge fund manager, the man has had a lot of positive things to say about bitcoin, going so far as to compare the asset to gold. However, while he thinks very highly of bitcoin, he doesn’t see it being used as a legitimate currency anytime soon.Mike Novogratz: BTC Won’t Be Used for Payments RegularlyWhile there are retailers and companies out there that accept crypto and bitcoin payments, they are certainly not...

There are analysts out there that claim the PayPal-bitcoin relationship isn’t anything special. Now that they are more familiar with the fine print associated with the relationship, they are questioning just how far bitcoin can go with it. However, the sentiment also appears to be that even though the arrangement may not be perfect, PayPal is the best option for bitcoin right now.PayPal May Not Be Perfect, but It Is HelpingAccording to a press release issued by PayPal, there are no fees for...

The news regarding PayPal’s acceptance of bitcoin and cryptocurrencies is becoming the big news of the year. Many analysts claim that this will ultimately push bitcoin into mainstream territory and give it the boost it needs. Already, the currency has shoved past the $13,000 mark and many industry experts think the currency could potentially end the year at around $14,000 – a solid piece of data given how up and down the currency has been during these past 12 months.Bitcoin Won’t Be...

PayPal’s decision to enable its users to interact with cryptocurrencies directly on its platform continues to attract popular individuals’ attention. The latest to acknowledge the significance of this move were the Head of Facebook Financial, David Marcus, and Social Capital CEO Chamath Palihapitiya. Banks Will Follow PayPal, Says Marcus Arguably the most significant piece of news recently came last week when the giant online payment processor PayPal announced it will soon...

Uh oh… Does the new relationship between PayPal and bitcoin come with a catch or two?What Kind of Trick Is PayPal Pulling?Earlier in the week, PayPal announced that it would allow users to purchase items and services with cryptocurrencies such as bitcoin, bitcoin cash and Litecoin. The crypto world celebrated the news and took it as a sign of bitcoin’s growing mainstream status. They were now being given permission to use bitcoin in one of the world’s biggest financial settings, and nothing...

It was recently announced that mega online payments firm PayPal would now allow users to purchase both goods and services with bitcoin and other forms of cryptocurrency. Some have called this news huge, such as Mike Novogratz, who believes that bitcoin is about to march deeper into mainstream territory.Some Say “So What” About PayPal Permitting BTCFor others, however, while the news is ultimately positive for bitcoin and the digital payments community, they don’t consider it a huge...

PayPal jetzt mit Bitcoin Kauf und Verkauf – weitere Währungen unterstützt Ab 2021 können 350 Millionen Nutzer und 26 Millionen Geschäfte Bitcoin über ihre Plattform nutzen. Das ist es, was wir als ‚bullish‘ bezeichnen. Es gibt noch eine weitere interessante Entwicklung. Viele börsennotierte Unternehmen kaufen Bitcoin. Es scheint, dass sie sich gegenseitig übertreffen wollen,...

2020 has been so far a challenging year. Issues such as the Australian wildfires and the global COVID-19 pandemic have harmed the planet and its inhabitants. The financial world has also suffered, especially during the first several months. The effects are evident within different sectors of the financial industry. While some have felt adverse consequences during these uncertain times, others have thrived and reached for the stars. BNN Bloomberg’s senior anchor, Jon...

Bitcoin is on a serious roll as of late. The world’s number one cryptocurrency by market cap has been surging over the past few days, and it looks like the asset’s price is just getting bigger and bigger with each passing moment.Bitcoin Is Exploding As of LateJust yesterday, bitcoin moved well past the $12,000 mark and was trading for about $12,700, marking the highest point it’s reached in over a year. The last time bitcoin hit $12K was in late August, only then, the asset struggled to...

This week was particularly interesting in the cryptocurrency markets. Bitcoin’s price charted a new 2020 high, surging to as much as $13,217 on Binance. The entire market cap surged and gained almost $40 billion throughout the past seven days. The catalyst for this major move was PayPal. The world’s largest online payment processor announced that it would allow its customers to buy, sell, and store cryptocurrencies as soon as the next few weeks for US-based users. The rest of...