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Peter Thiel: Bitcoin at $60,000 Means The Economy Is Facing Real Crisis

Peter Thiel – Co-Founder of PayPal and Palantir Technologies – believes the high price of bitcoin indicates that inflation has started shaking the financial network. He opined that investors should not rush to buy BTC when the USD value for a single token is more than $60,000. The Fed Is in a State of ‘Epistemic Closure’ The coronavirus pandemic and the catastrophic economic issues, which it brought became a reason for many governments to initiate controversial financial...

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PayPal’s Peter Thiel Wishes He Had Bought More BTC

Peter Thiel feels he underestimated bitcoin. The world’s number one digital currency by market cap recently hit a new all-time high of approximately $66,000, though the asset is now down by a few thousand and trading for just over $62,000. Peter Thiel Wishes He Had Invested More in BTC Either way, Thiel implied in a recent interview that he wishes he had gotten more involved with the cryptocurrency and added more units to his portfolio, and he thinks the opportunity to...

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Das kann die neue PayPal-App

Personalisierte Übersicht, Chatfunktion für private Transaktionen, Spenden für den guten Zweck: Der Zahlungsanbieter PayPal hat seine App überarbeitet und neue Funktionen und Services angekündigt. Der von Elon Musk ins Leben gerufene Zahlungsanbieter PayPal bringt ein neues App-Update auf den Markt. Diese Neuerungen machen den Dienst PayPal nun zu weit mehr als nur einer Brücke zwischen Sender und Empfänger von Geld. In einem sogenannten „Wallet“...

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PayPal Announces New App That Includes Crypto Services

Online payment giant PayPal has announced a new app offering multiple financial services previously foreign to the platform – including “crypto capabilities.” PayPal’s New App Features As reported by Newswire, the new app will introduce the ‘PayPal Savings’ service in partnership with synchrony bank, a savings account that offers APY rates of 0.4% with no monthly fees or minimum necessary balance. While this is still well below rates offered by many centralized and...

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Grossbritannien: PayPal-Nutzende können jetzt Bitcoin kaufen

PayPal jetzt mit Bitcoin Kauf und Verkauf – weitere Währungen unterstützt PayPal sorgt in der Krypto-Welt erneut für positive Nachrichten: Das Unternehmen plant den Nutzer*innen in Grossbritannien den Kauf und Verkauf von Kryptowährungen zu ermöglichen. Bereits im Oktober 2020 kündigte PayPal diesen Schritt für den amerikanischen Markt an, was für den Bitcoin-Kurs den...

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PayPal to Offer Cryptocurrency Support in the U.K.

PayPal has been big on crypto over the past year, but now the company is pushing its digital currency agenda even further. The company has put out a statement saying that several countries – including the United Kingdom – outside the U.S. will be able to buy, sell and trade digital assets through its platform. PayPal Is Bringing Crypto Trading to the U.K. The new service will allow these countries to invest in four major cryptocurrencies: bitcoin, bitcoin cash, Ethereum...

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PayPal Co-Founder Warns: Get Ready for Big Tech ‘No Buy’ List

PayPal’s co-founder, David Sacks, recently warned that big tech companies and political operatives are on the verge of creating a “No-Buy” list for controversial creators, platforms, and firms. Cryptocurrency was invented in part to solve problems like this. Sacks warned readers of Common Sense with Bari Weiss on Substack that large corporate payment processors, including PayPal, are hard at work to build what is, in essence, a “No-Buy” list, a play on “No Fly” lists. Sacks...

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PayPal Reportedly Looks to Assemble a Cryptocurrency Team in Ireland

The American payments processor – PayPal – will reportedly expand its digital asset endeavors by building a designated cryptocurrency team in Ireland. The firm appears to be ready to broaden its scope to other countries, too. PayPal Advances in Ireland According to the local media Independent, PayPal is looking to assemble a new team highlighting the company’s ambitions to deeply embrace the digital asset market. The future employees will fill crypto-focused roles in...

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PayPal to Introduce a Crypto ‘Supper App Wallet’ Soon

PayPal will reportedly take another step in its cryptocurrency endeavors and roll out a “super app wallet” for its American users. The company will launch the upgraded version in the upcoming months. Additional Crypto Capabilities for PayPal Clients The Chief Executive Officer of the company – Dan Schulman – revealed during PayPal’s Q2 2021 Earnings Call that the firm would enhance its digital assets services by offering its users an upgraded version of its application. Named...

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You Can Now Buy $100K Worth of Crypto Each Week Through PayPal

PayPal – arguably the largest digital payment platform in the world – has some good news for crypto holders. The company announced that it was upping its weekly crypto spending limit to approximately $100,000. The firm has stated that it is also doing away with its annual $50,000 limit. PayPal Customers Can Now Buy Six-Figures Worth of Crypto Prior to this move, PayPal customers could only purchase as much as $20,000 in crypto every seven days. Now, it looks like that...

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