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Tag Archives: crypto ownership

Grayscale: Most Crypto-Owning Americans Only Started Investing in 2021

2021 saw many Americans jumping into the crypto space. In fact, according to a new report from Grayscale Investments, more than half of Americans owning crypto began trading just this year. Grayscale Issues New Report Detailing Crypto Ownership It can be said for many reasons that 2021 was the era of crypto. One of the main reasons is because assets like bitcoin and Ethereum hit all-time highs, with the former reaching $68,000 per unit in November and the latter spiking...

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All That Crypto You Bought Through PayPal? It Ain’t Yours…

If you think the bitcoin or cryptocurrencies you purchased through PayPal are officially yours, think again. As it turns out, anyone who purchases digital assets through the company are not given private keys to these coins, thereby denying them ownership, though it is still possible to garner a hefty profit on these assets granted they move up in price. PayPal Is Looking to Retain Control PayPal first announced its venture into the crypto space during October of last...

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