The Chief Executive Officer of PayPal – Dan Schulman – reiterated his positive stance on the cryptocurrency industry. In his view, the “intersection” between digital assets, CBDCs, stablecoins, and digital wallets will “redefine a lot of the financial world going forward.” High Hopes on Crypto PayPal’s top executive has been an advocate of the cryptocurrency industry for a while and even admitted in 2019 that he owned bitcoin. In his most recent speech at Axis Tel Aviv,...
Read More »PayPal to Limit Certain NFT Transactions: Updates Policy
American multinational company, PayPal, has revised its Seller Protection program to exclude non-fungible token (NFT) transactions that surpass $10,000. Limiting NFT Transactions According to PayPal’s Policy Updates page, NFT transactions valued at more than $10,000 are ineligible. The changes will come into effect from March 21 this year. A document further elaborating stated that items or transactions such as art, media, antiques, or collectibles, physically or digitally,...
Read More »PayPal arbeitet an eigenem Stablecoin
PayPal arbeitet weiter an seinem Vorstoß in den Cryptomarkt. Vor allem in den USA ist man mit der Implementierung von Cryptocoins in das gesamte Online-Zahlungssystem weit fortgeschritten. Somit war es wohl nur eine Frage der Zeit, bis man seinen eigenen Cryptocoin in Betracht ziehen würde. Crypto News: PayPal arbeitet an eigenem StablecoinPayPal wird es vielen Cryptobörsen gleichtun und einen eigenen Utility Token kreieren. Dieser wird ein Stablecoin sein, der sehr wahrscheinlich an den...
Read More »PayPal is Working On its Own Cryptocurrency: PayPal Coin
If the market crash got you nervous and you thought the crypto industry was dead, you might want to change your mind. PayPal, the global e-payments giant, is working on developing its own cryptocurrency. PayPal is exploring the development of a stablecoin, possibly pegged to the U.S. dollar, although there is no information on a roadmap for the project. Speaking to Bloomberg News, Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at PayPal,...
Read More »Cash App Is Enabling Holiday Bitcoin Gift Giving
Gift giving is now in season with Christmas and other holidays right around the corner. If you’ve ever thought about giving friends or a loved one stocks or bitcoin as a holiday present, Cash App is making it easier than ever to do so. Cash App Permits a New Way of Sending BTC Cash App has unveiled a new feature that will permit peer-to-peer payments amongst users. Owned by Block (formerly known as Square), Cash App is permitting users to send bitcoin and traditional...
Read More »Bitcoin-Preis: Rücksetzer von bis zu 40 % in einem Bullrun normal
Bitcoin-Preis: Bei einem Bullenlauf sind Rücksetzer von bis zu 40 % immer wieder vorgekommen. Bitcoin-Preis: Bei einem Bullenlauf sind Rücksetzer von bis zu 40 Prozent immer wieder vorgekommen. Wer sich den Bitcoin-Preis Chart vom grossen Bullrun, der im Herbst 2015 begann und sich im damaligen Allzeithoch vom Dezember 2017 manifestierte, sieht, dass es immer wieder Rücksetzer im zweistelligen Prozentbereich gab. Oftmals gleichen sich die Muster und...
Read More »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...
Read More »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...
Read More »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“...
Read More »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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