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Tag Archives: paypal

It’s Official: PayPal to Acquire Crypto Custodian Curv

The leading payment processor, PayPal, announced today that it has agreed to purchase the digital asset custody company, Curv. It said that it will complete the acquisition in the first quarter of the year.Rumors Confirmed True As PayPal Acquire CurvReports surfaced last week that PayPal was planning to acquire cryptocurrency security firm, Curv. There were no concrete evidence to buttress the claims, but the leading payment giants have now made it official via a press release today.The...

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PayPal in Talks To Buy Crypto Storage Startup Curv for Around $500 Million, Reports

PayPal could be in talks to buy a cryptocurrency startup focused on providing security solutions for cryptocurrency custody.According to diferent reports, PayPal is interested in acquiring Curv, and the talks between the two companies’ teams are an open secret in the global tech scene – though perhaps no longer a secret considering how quickly it is spreading despite the cautious stance taken by both companies.Local sources argue that the cost of the deal would be in the range of $500...

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Bitcoin Moves Past $50,000 Again, Only This Time, It’s Staying There

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has surged to a new all-time high, having broken $50,000 and now trading for just over $51,000. To be fair, the asset has done this once or twice in the past, but it was always followed by a quick drop to the high $48,000 range, suggesting that bitcoin either didn’t have the momentum we all thought it did yet, or the change happened way too fast.Bitcoin Has Shot Up AgainBitcoin has shown in previous...

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PayPal: Super-App mit Bitcoin-Trading, Aktienhandel und Girokonto geplant?

Bei Paypal fand ein Investorentag statt. Dabei hat CEO Dan Schulman nicht nur die nächsten Schritte zum Ausbau des boomenden Bitcoin-Ausbau angedeutet. PayPal plant eine neue Smartphone-Anwendung. Die sogenannte „Super-App“ soll Investitions-Optionen für Aktien und andere Vermögenswerte bieten und den Kryptohandel weiter ausbauen. Als Orientierung für PayPal 2.0 dienen...

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PayPal CFO Says The Company Might Not Convert Cash Into Crypto

PayPal will probably avert from investing its cash into Bitcoin. Despite the recently expanding interest from institutions in digital assets, the US payment giant will not get into the crypto whirlpool, said the firm’s Chief Financial Officer.Admitting Cryptocurrency’s Values but Still Won’t InvestAlthough it sees enormous opportunity in the development of digital wallets, PayPal will most likely not allocate portions of its cash into Bitcoin or other cryptocurrencies. According to a recent...

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PayPal startet Bitcoin-Abteilung

Man denkt immer, PayPal sei ein Internet Startup. In Tat und Wahrheit macht PayPal mehr Umsatz als Mastercard! Just sayin' Der Anbieter für Zahlungen PayPal steigt nun big in den Handel mit Kryptowährungen ein. Die Kunden aus den USA können in Zukunft über die Plattform PayPal Bitcoin und weitere Kryptowährungen verkaufen, kaufen und diese aufbewahren. Ab dem Jahr 2021 soll es nun möglich sein, bei Händlern über PayPal mit diesen...

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PayPal Records Massive Gains In Q4 2020 After Enabling Cryptocurrency Trading 

In a Q4 2020 investor update, PayPal revealed that it recorded fourth-quarter and fiscal year financial results that were far beyond its expectations. The company noted that it was its strongest fiscal year, with high payment volume and new accounts further strengthening its scale.PayPal recorded a massive surge in the number of active accounts on its platform, with a whopping 16 million active accounts in Q4 2020 alone. For fiscal 2020, the company added 72.7 million net new active accounts,...

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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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