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PortuguêsAccording to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he…
Continue ReadingHas the Bitcoin market topped out as traders constantly fail to achieve a breakout move above $60,000? Apparently, no. Bitcoin upside trapped by $60,000-resistance. Source: BTCUSD on TradingView.com According to…
Continue ReadingUSDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins. The co-founder and CEO of Circle, Jeremy Allaire, has made a bold prediction that…
Continue ReadingBitcoin is stuck near $60,000. Some analysts think the cryptocurrency would break the level to the upside and establish a new record high. Meanwhile, a section believes that the price…
Continue ReadingBitcoin held gains, bond yields rose, and gold slipped ahead of President Biden’s next big spending push that could total anywhere between $2 trillion and $4 trillion. The BTC/USD exchange…
Continue ReadingToday, news broke that PayPal is ready to launch cryptocurrency payments to merchants, allowing its massive userbase of millions to pay with Bitcoin and the other altcoins has offered since…
Continue ReadingPayments giant PayPal has launched the ability to use bitcoin and other cryptocurrencies as payment methods. PayPal has revealed that it has launched a new service that allows its customers…
Continue ReadingPayments giant Paypal has launched the “Checkout With Crypto” service to allow consumers to make payments at millions of merchants using cryptocurrencies in their Paypal wallets. “This is the first…
Continue ReadingPayPal’s latest decision to launch a cryptocurrency checkout service included support for four digital assets: bitcoin, ether, bitcoin cash, and litecoin. Still, Binance exchange’s native cryptocurrency, Binance Coin, benefited the…
Continue ReadingThe latest adoption step for Bitcoin and some altcoins will receive official confirmation on Tuesday, PayPal tells Reuters. Bitcoin (BTC) neared $60,000 on March 30 after PayPal confirmed that it had…
Continue ReadingBitcoin prices rallied in the early London session after Reuters reported that PayPal would launch its crypto checkout services later on Tuesday. The payment giant, which started offering bitcoin custodial…
Continue ReadingA checkout service will be implemented which waives transaction fees for purchases made using crypto, PayPal’s president and CEO confirmed. Online payments giant PayPal will start to accept cryptocurrency as…
Continue ReadingPayment provider Nuvei has launched support for nearly 40 crypto assets including lesser-known coins from previous market cycles, such as Reddcoin, Steem, Bitcoin Gold, and Siacoin. E-commerce merchants can now…
Continue ReadingRetail traders have been buying large amounts of BTC through PayPal and Square. According to research by strategists at leading U.S investment bank, JPMorgan Chase, retail traders are flocking to…
Continue ReadingThe funding round was led by Valar Ventures and partners from DST Global. Austria-based cryptocurrency firm Bitpanda has closed a $170 million funding round to further the firm’s international growth.…
Continue ReadingMicroStrategy shares skyrocketed alongside the parabolic Bitcoin rally as investors rushed to gain exposure to the trending cryptocurrency any way they could. Banking on this demand, JP Morgan is planning…
Continue ReadingAllocating capital to Bitcoin risks a backlash from environmentally conscious investors, according to author and co-anchor of CNBC’s Squawk Box, Andrew Ross Sorkin. In a piece for the International New…
Continue ReadingPayments giant PayPal has acquired Israel-based crypto custody firm Curv for an undisclosed amount. According to PayPal, the firm purchased Curv as part of its initiative to support cryptocurrencies and…
Continue ReadingPayments giant Paypal has announced that it is acquiring Tel Aviv-based crypto security infrastructure provider Curv. According to Paypal, this acquisition will help the company “expand its initiatives to support…
Continue ReadingToday, digital payments giant PayPal announced the acquisition of Curv, a digital asset security infrastructure and custody company based in Tel Aviv, Israel. The acquisition of Curv, founded in 2018,…
Continue ReadingMajor cryptocurrency tax compliance startup TaxBit has raised $100 million as it expands into Europe. According to a March 3 blog post, TaxBit has secured the funds in Series A…
Continue ReadingPaypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for…
Continue ReadingResidents of the United Kingdom will be the first people outside of the U.S. who are able to use PayPal for buying and selling crypto. According to journalist Carl Quintanilla,…
Continue ReadingPayPal could be to central bank digital currencies (CBDCs) what private banks are to physical dollars. The company’s CEO, Dan Schulman, laid out a vision during its investor day on…
Continue ReadingPayPal’s buy, sell and hold crypto products are coming to the United Kingdom in a few months, the company announced during its investor day Thursday. Its launch of crypto as…
Continue ReadingEven though Tesla has made its way into the crypto market recently, it generated an immense amount of publicity surrounding the announcement. On Feb. 8, the car manufacturer caught the…
Continue ReadingMasterCard has announced plans to support cryptocurrencies in 2021, paving the way for its nearly one billion users to spend digital assets at more than 30 million merchants. The firm…
Continue ReadingMad Money host Jim Cramer has applauded Elon Musk and Tesla for their bitcoin investment. He said that Tesla, Paypal, and Mastercard are pushing bitcoin more into the mainstream. He…
Continue ReadingPaypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman…
Continue ReadingCentralized payment companies such as Visa, Mastercard and PayPal will need to adapt if they are to survive the potential demand for blockchain-based stablecoin payments, according to research firm Gartner.…
Continue ReadingInsights from PayPal’s first quarterly earnings report since launching crypto services. This episode is sponsored by Nexo.io. Download this episode Today on the Brief: Elon Musk back to DOGE trolling…
Continue ReadingAfter a limited buy/sell/hold crypto trading launch that “exceeded expectations,” PayPal CEO Dan Schulman said on the company’s Q4 earnings call today that the payments giant is ready to double down…
Continue ReadingIn the final quarter of 2020, PayPal gained 16 million in net new active accounts and handled $277 billion in total payment volume. Notably, PayPal’s spending in technology increased year-over-year…
Continue ReadingMizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment…
Continue ReadingGlobal payments provider PayPal has doubled its previous crypto volume record, with $242 million worth of digital assets changing hands on the platform during Jan. 11. According to crypto market…
Continue ReadingWhen the Securities and Exchange Commission gave its blessing to social media platform IMVU to launch VCOIN, it was a major leap forward for acceptable scope of crypto applications. The…
Continue ReadingUnited States regulators are continuing to fine-tune their tax reporting requirements for cryptocurrency users. A second draft of Form 1040 from the Internal Revenue Service for the 2020 tax season…
Continue ReadingRetail buying through PayPal is likely helping push bitcoin’s price higher while traders are hoping to get into an ether options market with potential volatility similar to March 2020. Bitcoin…
Continue ReadingBitcoin’s record-breaking start to the new year continued on January 5 after the top crypto set another new all-time high (ATH) of $35,879. Based on this new milestone, the top…
Continue ReadingThe COVID-19 pandemic dominated the news in 2020, affecting myriad sectors — health, economics, social justice, politics and trade, as well as the cryptocurrency and blockchain industry. As country after…
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