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PayPal Cryptocurrency Trading Volumes Skyrocket Amid Bitcoin’s Massive Volatility

The cryptocurrency trading volumes on PayPal have skyrocketed to a new all-time high yesterday, shattering the previous record. Having also in mind the growing Google searches for bitcoin, Ethereum, and other digital assets, the question remains if retail investors have finally arrived.PayPal Crypto Trading Volume ATHEver since the world’s largest online payment processor announced last year that it will enable cryptocurrency trading on its platform, the community wondered how long it will...

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5 Possible Reasons For Bitcoin’s Price Surge Over $30,000

In yet another leg up, Bitcoin recorded a brand new all-time high just shy of $35,000. While this may have seemed surprising a few weeks back, at this point, most are somewhat used to it. The cryptocurrency is charting consecutive highs daily, and it shows no signs of slowing down.The spike may bring some 2017 flashbacks when Bitcoin was going up with no apparent limits, only to plummet nearly 70% the following year. And considering we’re already in a new year after a super bullish December...

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The New Year Has Arrived! Will It Be Good for Bitcoin?

The new year has arrived. All the craziness and sloppiness of 2020 can potentially be put behind us as we look towards the future. Will 2021 be a kind year? Will it be kind to bitcoin?Will Bitcoin Have a Solid Run in 2021?The one thing we can say about the last 12 months is that they have been rather positive for cryptocurrency. The rest of us have been left out in the rain, no doubt, but crypto traders and investors are likely looking at their stashes at the time of writing and felling...

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Year in Review: The Top Bitcoin Stories of 2020

Bitcoin is bidding adieu to 2020. Here comes 2021, and while the past 12 months have certainly been difficult for people around the world, bitcoin has had one heck of a time. The currency has risen to new heights, has gained extensive attention and respect from institutional players, and is now viewed as a store of value by many people and sources.As we say goodbye once and for all to what has surely been an upsetting and crazy year, let’s look back on some of the biggest bitcoin stories of...

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PayPal’s Rumored Acquisition Of BitGo Reportedly Falls Through

The rumored deal between the online payment processing giant PayPal and the cryptocurrency custodian BitGo will not occur. Instead, both companies will reportedly focus on separate new ventures.PayPal And BitGo Deal Won’t See The Light Of DayThe online payment processor co-founded by Elon Musk started showing sympathy for the cryptocurrency industry earlier this year. PayPal enabled its users to buy, sell, and store digital assets with fiat currencies.Furthermore, reports emerged that the...

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PayPal’s Digital Currency Friend Paxos Trust Experiences Major Funding Round

Paxos Trust – the official cryptocurrency partner of PayPal – has garnered more than $140 million in fresh funding through a Series C funding round.Paxos Trust Is Getting Its Hands on a Lot of MoneyThe round was led by a company known as Declaration Partners, an investment enterprise backed by billionaire and philanthropist David M. Rubenstein. Other companies to take part in the funding round include Mithril Capital, RIT Capital Partners, RRE Ventures and Liberty City Ventures.CEO of Paxos...

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PayPal: Jezt kommen Strafgebühren für inaktive Accounts

Der amerikanische Anbieter Paypal ist für viele Menschen das Zahlungsmittel der Wahl. PayPal steht dabei nicht nur in vielen Online-Shops zur Verfügung, sondern eignet sich auch bei einem Privatkauf im Internet oder auch dann, wenn Freunde und Familie untereinander Geld versenden. Der beliebte Dienst war ursprünglich für die Plattform Ebay gedacht, hat sich dann jedoch rasant zu einem der beliebtesten...

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Paxos Trust Wants to Establish Its Own Crypto Bank

The crypto space and the traditional banking space appear to be one and the same as of late. There have been several crypto-based companies that are seeking to either establish their own banks or establish themselves as banks, and Paxos Trust – the official crypto partner of digital payment system PayPal Holdings Ltd. – is the latest firm to travel this route.Paxos Trust Is Trying To Become a Little MoreThe company has recently submitted paperwork with the Office of the Comptroller of the...

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MasterCard And Visa Also Block Pornhub Payments: Is This Good Or Bad For Crypto?

A year after PayPal suspended transactions for the leading adult website Pornhub, MasterCard, and Visa have followed the example in the midst of child abuse allegations.With cryptocurrencies remaining one of the few available options for payments, the question stands if such association is indeed positive for the industry.Visa and MasterCard Block Use Of Cards On PornhubThe popular adult website has attracted lots of negative attention to itself in the past few years. The situation worsened...

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Is Bitcoin Returning to Form? Gains $800 in One Day

Bitcoin has recovered somewhat since its recent drop into the low $17,000 range. Just yesterday, the currency was trading for slightly over the $17K line, but the asset has since added about $800 to its price and brought itself up out of the gutter. The currency is not where it was during the early portion of the week, though it is beginning to show signs of recovery.Bitcoin Is Coming BackThese last two months have been huge for bitcoin given how much attention and praise it’s gotten. Things...

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