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PayPal CEO: "The Time is Now" For Bitcoin To Go Mainstream

Dan Schulman, the Chief Executive Officer (CEO) of online payments service provider PayPal has unveiled key reasons behind the company’s decision to provide support for digital currencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). According to Schulman, the decision to integrate cryptocurrencies into the platform which boasts of over 360 million … Continue reading PayPal CEO: "The Time is Now" For Bitcoin To Go Mainstream

Ethereum to See $1 Trillion in Real Value Transfers This Year, Eclipsing PayPal as Institutional Interest Rises

Ethereum’s price went under a steep correction after a period of trading above $600. Ethereum’s price dropped to under $570 shortly after the launch of ETH 2.0 Phase 0 and dropped even further to below $540 a few days after. Ethereum’s price has since been trading up from its recent lows, at around the $570 … Continue reading Ethereum to See $1 Trillion in Real Value Transfers This Year, Eclipsing PayPal as Institutional Interest Rises

How To Buy Bitcoin and Crypto With Paypal in 2021

Recently, PayPal has become very favorable to crypto. In November 2020, the company announced that all US users would be able to buy Bitcoin and 3 other cryptocurrencies (Litecoin, Bitcoin Cash, and Ethereum) directly through their PayPal digital wallet. However, for the time being, if you aren’t a US citizen you won’t be able to use … Continue reading How To Buy Bitcoin and Crypto With Paypal in 2021

PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service

On Wednesday, February 3, PayPal Inc released its earnings report for the final quarter of 2020. The payment giant revealed that consumers flocked to its online services in the final months of the year as they hurried to finish their holiday shopping and began using the firm’s wallets to sell and purchase crypto. The company … Continue reading PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service

PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months

PayPal Inc has announced that it will introduce its variety of cryptocurrency products to UK customers within the next few months. Jonathan Auerbach, executive vice president and chief strategy, growth and data officer at PayPal, revealed the update during the company’s investor day. Auerbach said: “We plan to expand our crypto offering geographically to the … Continue reading PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months

PayPal May Be in Talks to Acquire Curv Crypto Custody Firm

Normal 0 false false false EN-US X-NONE X-NONE PayPal Inc. is in talks to acquire New York-based crypto startup Curv, which helps firms store and transfer digital currencies. Curv is said to be negotiating with an unnamed buyer for around $500 million, a person familiar with the matter revealed. The talks are in the … Continue reading PayPal May Be in Talks to Acquire Curv Crypto Custody Firm

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

Normal 0 false false false EN-US X-NONE X-NONE PayPal has officially confirmed that it is going to acquire Israel-based cryptocurrency custody firm Curv. Last week, several media outlets cited rumours that the acquisition talks were still in the early stages. However, PayPal has now made it official and revealed that it plans to utilize the … Continue reading PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal to Enable Customers to Pay with Crypto at 29 Million Merchants Worldwide

Normal 0 false false false EN-US X-NONE X-NONE PayPal Holdings Inc. will begin allowing US consumers to use their crypto assets to pay at 29 million merchants worldwide. Currently, the cryptocurrency checkout service is being worked out, and is set to be available in the upcoming months. The new development is therefore set to boost … Continue reading PayPal to Enable Customers to Pay with Crypto at 29 Million Merchants Worldwide

Litecoin Expected to Move Towards Its Resistance of $214 as PayPal to Enable Crypto Payments

American digital payment corporation PayPal announced today that all US customers who hold Bitcoin, Ethererum, Litecoin, and Bitcoin Cash in PayPal wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases. PayPal enabling Litecoin payments will undoubtedly stimulate the further rise of Litecoin. The cryptocurrency is expected to move towards … Continue reading Litecoin Expected to Move Towards Its Resistance of $214 as PayPal to Enable Crypto Payments

China Could Be Using Bitcoin as a Financial Weapon Against the US, Says PayPal Co-Founder

Normal 0 false false false EN-US X-NONE X-NONE Peter Thiel, billionaire investor and PayPal co-founder, has warned that Bitcoin could be a “Chinese financial weapon” used to dethrone the US dollar’s reserve currency status. In a virtual meeting held for members of the Richard Nixon Foundation, Thiel said that assuming that China is a long … Continue reading China Could Be Using Bitcoin as a Financial Weapon Against the US, Says PayPal Co-Founder