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...
Read More »Users Are Advised to Read the Fine Print Regarding PayPal BTC Transactions
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...
Read More »Some Don’t Think the PayPal-Bitcoin Relationship Is Any Big Deal
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...
Read More »PayPal & Bitcoin
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,...
Read More »The Digital Age Is Here: Crypto And Fintech Companies Soar, While Bank Stocks Tank
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...
Read More »Analysts: Bitcoin Will Soon Strike the $14,000 Mark
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...
Read More »Bitcoin Breaks To New 2020 High on PayPal News: This Was The Weekly Crypto Market Update
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...
Read More »Not Wasting Time: PayPal Reportedly Considering to Buy Crypto Companies, Including BitGo
PayPal, the world’s largest online payment processor, is reportedly exploring acquisitions of cryptocurrency-oriented companies. Citing sources familiar with the matter, Bloomberg reports that this includes the popular Bitcoin custodian BitGo. The sources also revealed that PayPal has been in talks with BitGo, and it could potentially reach a deal “within weeks.” However, the negotiations could still “fall apart,” and, in this case, PayPal could choose to buy other...
Read More »Bitcoin Spikes Following Major PayPal Announcement
The world’s number one cryptocurrency has done it once again. The asset that everyone knows as bitcoin has struck a new high now that October has come into play. The currency is presently trading for well over $12,400, marking the highest it’s been since hitting its late August high.Bitcoin Is Back Above $12,000Approximately two months ago, bitcoin hit the $12,400 mark, thereby striking the highest point it’s seen in about a year. Everyone couldn’t help but chat silently about how the bullish...
Read More »#997 PayPal integriert Bitcoin, CBDC kein Wertespeicher & CBDC Bitcoin Bedrohung
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 997. Im heutigen Video geht’s um folgende Themen: PayPal integriert Bitcoin bereits in 2021, CBDC soll nicht als Wertespeicher dienen & CBDC könnte Bitcoin bedrohen glaubt CZ. 1.) PayPal sagt ja zu Bitcoin: Integration bereits in 2021https://www.btc-echo.de/paypal-sagt-ja-zu-bitcoin-integration-bereits-in-2021/ 2.) Deutsche Bundesbank: CBDC soll nicht als Wertespeicher...
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