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PayPal Plots Next BIG Move Into Cryptocurrency Talks Acquiring Custody Firm Curv

PayPal plots its next move into cryptocurrency, purchasing Curv after attempting to acquire BitGo in 2020 and failing after the deal fell apart. PayPal Holdings Inc. is in talks to acquire the startup Curv, which helps companies transfer and store digital currencies. PayPal is reportedly buying Curv, an Israeli crypto custody firm, for $200 million… Read More

Kevin O’Leary Reverses Prior View On Bitcoin, Says Crypto Is Here to Stay, Invests 3%

Shark Tank’s Kevin O’Leary, also known as Mr. Wonderful, seems to have reversed his opinion on Bitcoin and has begun investing in the digital asset. Leary previously called the cryptocurrency “garbage” and has since changed his view, stating he believes that cryptocurrencies are here to stay. He is also added that he is getting used… Read More

Robinhood To Offer Users The Ability To Deposit And Withdrawal Cryptocurrencies Following Congressional Hearing

Following recent controversy where Robinhood paused trading on a number of  stocks including GameStop (GME) and AMC Entertainment, the app used by numerous young investors has announced that it will soon allow its users to deposit and withdrawal cryptocurrencies in an apparent attempt to salvage its reputation and clear its name. Currently, users of the… Read More

Mastercard Announces That It Will Add Stablecoins

MasterCard will allow its nearly one billion users to spend cryptocurrencies at more than 30 million merchants, starting with stablecoins, the payment giant announced. The payment giant believes the move may open merchants up to new customers and build loyalty with existing customers who are already migrating to using digital assets for payments over traditional… Read More

Bridgewater Ray Dalio Is Exploring An Alt-cash Fund Due To Devaluation Calls Bitcoin A Hell Of An Invention

Bridgewater Associates is taking a closer look at Bitcoin and other cryptocurrency assets, according to its founder Ray Dalio a well known Wall St veteran investor who is a famous economist and founder of the world’s largest hedge fund. “I am writing this to clarify what I think of Bitcoin,” Dalio wrote in the column… Read More

Bank Of Singapore Says That Cryptocurrency Could Replace Gold As Store Of Value

According to a recent article by the Bank Of Singapore (BOS), cryptocurrencies could at least partially replace gold as a store of value. The Bank of Singapore, a private banking arm of Oversea-Chinese Banking Corporation (OCBC) Bank, has released a bullish report on the future of cryptocurrency digital assets. However, Mansoor Mohi-uddin, chief economist at… Read More

Goldman Sachs Said To Be Exploring Crypto Custody Service

An inside source told Coindesk that Goldman Sachs is planning to enter the cryptocurrency market as a custody for investors to hold crypto. Goldman Sachs has issued a request for information (RFI) to explore becoming a digital asset custody, according to a source inside the bank who spoke to Coindesk. Goldman Sachs is reportedly planning… Read More

VanECK Files For A Bitcoin ETF For 2021 With The SEC

Asset manager VanEck who has withdrawn its applications in the past is taking another chance at approval for a Bitcoin Exchange-Traded Fund (ETF). If approved, VanEck would be the first ETF to achieve approval from the U.S. Securities and Exchange Commission (SEC) who has continuously denied several applicants. VanEck has filed for a comparable product… Read More

Crypto Credit Now Supports ADA, ALGO, ATOM, VET, LINK, and WBTC

Get an instant loan at a 50% LTV ratio. Crypto.com is pleased to announce that users can now deposit ADA, ALGO, ATOM, VET, LINK, and WBTC as collateral on Crypto Credit, and instantly secure a loan at a 50% loan-to-value (LTV) ratio. Crypto Credit allows users to monetise their crypto assets without the need to… Read More

Elon Musk Says That Cryptocurrency Could Be Used On Mars

SpaceX CEO Elon Musk has stated that any future economy on Mars could be cryptocurrency-based. Yes — Elon Musk (@elonmusk) December 24, 2020 The tech billionaire, who is one of the co-founders of online payments giant PayPal which originally strived for a system like Bitcoin, has said in the past that he hopes to send… Read More

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