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PortuguêsAn identity management provider backed by PayPal, Foxconn and others has been acquired by Nevada-based holding company Blockchains LLC. Cambridge Blockchain principals Matthew Commons, Alex Oberhauser, Muthu Arumugam and the…
Continue ReadingWith bitcoin’s price hitting a new all-time high on Monday, retail investors will inevitably want to get in on the original crypto asset. That said, for first-time buyers and seasoned…
Continue ReadingA PayPal user reports their account has been restricted after they traded crypto too frequently using the platform. According to U.S.-based Reddit user TheCoolDoc, PayPal sent them a message stating…
Continue ReadingWhen demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow. Our main discussion: a narrative shift, growing attention and…
Continue ReadingPayPal’s chief executive believes cryptocurrencies are on the verge of mainstream adoption as more businesses and consumers flock to “digital payments and digital forms of currency.” In an interview with…
Continue ReadingBitcoin’s bullish fundamentals continue to overshadow its bearish technicals. The last week saw the cryptocurrency on a tear even as it traded way above its actual current rates. It established…
Continue ReadingPaypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund…
Continue ReadingPayPal’s entry into the cryptocurrency market could be having a dramatic impact on the Bitcoin (BTC) price. In a newly published report, crypto investment firm Pantera Capital says a Bitcoin…
Continue ReadingThere are both bearish and bullish scenarios for Bitcoin in the foreseeable future. The bear cases surround two key data points: rising BTC deposits from whales to exchanges and BTC’s…
Continue ReadingThe autumn of 2020 has been a lucrative one for bitcoin investors, with the world’s most famous cryptocurrency being awoken from a bearish end to the summer with the news…
Continue ReadingCrypto Twitter reacts to the announcement and answers the question: Just how big a deal is PayPal? PayPal is rolling out crypto to all its users and increasing transaction limits…
Continue ReadingIn October, PayPal made waves when it revealed that it would support the buying and selling of crypto assets like Bitcoin and Ethereum within its own application. This was a…
Continue ReadingAll eligible PayPal account holders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday. The publicly traded payments giant confirmed its crypto plans in a…
Continue ReadingOn Thursday, PayPal’s crypto trading and payments went live for all eligible customers in the United States. Per its updated announcement, PayPal ended its waitlist for customers looking to use cryptocurrency…
Continue ReadingIn a panel last week for the London Bullion Market Association, Paxos founder and CEO Charles Cascarilla discussed the growth of Paxos’ gold-backed ERC-20 token, PAXG, and the future of…
Continue ReadingOne of the most discussed topics within the crypto community recently has been PayPal’s announcement that its customers will be able to buy and sell cryptocurrencies. The service is expected…
Continue ReadingIn early September of this year, the market capitalization of Bitcoin (BTC) was hovering at around $190 billion when the BTC price was hovering around $10,000. In the past two…
Continue ReadingNumbers go up! You only live once. That’s two crypto memes to describe how the crypto industry celebrated PayPal’s announcement that, from 2021 onwards, it will enable its 345 million…
Continue ReadingBig payments players may be dipping their toes into crypto for the first time, but it’s been part of Visa’s Fast Track program since at least 2019. Announced Tuesday, Visa…
Continue ReadingSenior executives at global payments giant PayPal have revealed further details about its plans to aggressively push into the crypto sector next year during the firm’s Q3 2020 earnings call,…
Continue ReadingPayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the payments giant’s third-quarter earnings call Monday evening. When talking about central banks creating retail-facing digital currencies,…
Continue ReadingCuba is apparently seeing an influx of Bitcoin (BTC)-related activity as Bitcoin interest is on the rise in the country. According to data from Google Trends, Cuba now ranks second…
Continue ReadingOn the heels of PayPal announcing its decision to enter the crypto sector early next year, Bitcoin (BTC) has continued its strong performance and has been hovering around the $13,500…
Continue ReadingThere has been significant excitement in the industry since PayPal last week announced its intention to enter the cryptocurrency market. The rollout of its new crypto services — enabling both…
Continue ReadingThe crypto world has been buzzing with excitement over the last couple of days, and rightfully so. Bitcoin (BTC) is currently hovering around the $13,000 mark, while Ether (ETH) has…
Continue ReadingJohn McAfee, an eccentric millionaire, crypto enthusiast, and anti-virus expert, was recently detained in Spain on charges of U.S. tax evasion. He also faces charges arising from a series of questionable…
Continue ReadingPayPal’s decision last week to embrace crypto may help with mainstream adoption, but it could also mean additional tax work for users unfamiliar with the crypto landscape. Over the next…
Continue ReadingBlockchain analytics firm TRM Labs has appointed former U.S. Treasury and Financial Crimes Enforcement Network (FinCEN) heavyweight Ari Redbord to help build the firm’s risk-based anti-money laundering (AML) programs for…
Continue ReadingPayPal has terminated its services to domain registrar Epik, allegedly due to a risk of money laundering through its “alternative currency” Masterbucks, according to an article on Mashable. However, in…
Continue ReadingThe bigger you are, the bigger the splash when you jump in the water. And when it comes to mainstream payments companies, there are few bigger than PayPal. In case…
Continue ReadingThe Many Facts Pointing to Paul Le Roux Being Satoshi Nakamoto The 48-year old former programmer and criminal cartel boss, Paul Calder Le Roux, was deemed a Satoshi Nakamoto suspect…
Continue ReadingIt’s been quite a week for Bitcoin, a week we’ve been waiting for. The coin is up nearly 13 percent and burst through the $13,000 barrier. Some of that support…
Continue ReadingA recap of an exceptionally bullish week for bitcoin and crypto as a whole. On this week’s Breakdown weekly recap, NLW looks at: The initial price action that started the…
Continue ReadingThe entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto…
Continue ReadingGalaxy Digital CEO and multi-millionaire Mike Novogratz recently hopped on CNBC Squawk Box for an interview, detailing the importance of PayPal’s upcoming 2021 Bitcoin (BTC) launch. “I think that’s, in…
Continue ReadingA line from immortal comic strip Calvin & Hobbes goes “a good compromise leaves everybody mad.” When it comes to laws governing crypto, authorities are usually asking for pretty major…
Continue ReadingThe Silk Road Balance Sheet Discrepancy: Bitcoin Worth $4.8 Billion Still Missing The original Silk Road marketplace has been shut down for well over seven years now and to this…
Continue ReadingGlobal payments firm PayPal is looking to acquire a crypto asset custody firm, with a report published by Bloomberg on Oct. 23 claiming the company is currently in talks with…
Continue ReadingOn Wednesday, PayPal shocked the crypto industry when it revealed that it would be directly supporting digital assets by adding the ability to purchase and sell Bitcoin, Ethereum, and other…
Continue ReadingWhile many in the industry were pleased with Bitcoin’s surge past $13,200 following an announcement that PayPal intends to integrate crypto into its network, some fail to see any benefits…
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