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PayPal CEO Dan Schulman: Cryptocurrency Is the Real Deal The Superapps Are Coming

In an interview with TIME magazine, PayPal’s CEO Dan Schulman detailed the payment processor’s expansion into crypto as a service and what the company has in store for the future. Schulman predicted that a greater transformation of e-commerce will emerge with purchases driven by social media platforms. Bitcoin could spearhead the change and take it… Read More

Paypal Launches Crypto Payment Option In The U.S.

Paypal has announced that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants. Last year, Paypal added the ability to buy, hold and sell cryptocurrency, while pledging during Q1 of this year to enable select cryptocurrencies as a payment method across its 20 million-plus online… Read More

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

Coinbase And PayPal Invest Into TaxBit Cryptocurrency Tax Software

PayPal and Coinbase’s venture arms have backed cryptocurrency tax automation software, TaxBit, for the purpose of crypto taxation. Reuters reported, the investment expressing that the money will be used to grow the team and expand the business, said Austin Woodward, the company’s chief executive, and founder. “Going international is a huge piece of the puzzle,”… Read More

Max Keiser Says Bitcoin Will Have A Supply Shock Sending It To $1 Million

Wall Street expert investor Max Keiser stated he believes a supply shock will fuel Bitcoin’s sudden rise to $1 million, making it “almost impossible to buy bitcoin as price rockets higher.” .⁦@danheld⁩ quoted! “Bitcoin price could rocket to '$1,000,000' as big institutions buy directly from miners | City & Business | Finance | https://t.co/lPno7zDv7d https://t.co/MFCRrvmQK5… Read More

Paypal CEO Says He’s Bullish On Bitcoin Will Allow 28 Million Merchants To Accept BTC

CEO Dan Schulman said Bitcoin’s usefulness as a currency will be noticeable with Paypal’s integration of cryptocurrency, in an interview with CNBC Squawk Box on Monday. “I think that there’ll be more and more use cases for cryptocurrencies,” that make Bitcoin (BTC) more widely accepted, more stable, and probably “more valuable” over time, Schulman stated…. Read More

Paypal To Explore CBDCs As well As Cryptocurrencies For Its Customers

PayPal will explore adding central bank digital currencies, in addition to enabling users the ability to buy and sell —Bitcoin, Litecoin, Bitcoin Cash, and Ethereum. Senior executives at global payments giant PayPal have revealed additional details about its plans to integrate cryptocurrencies next year during a Q3 2020 earnings call, including plans to support central… Read More

Mike Novogratz Says Bitcoin Is Digital Gold And It’s Now Obvious For Hedge Funds To Get Involved

Bitcoin (BTC) has reached notable fame in the decade since its 2009 launch. Big mainstream players are now investing large sums of money into the “digital gold” including — MicroStrategy, and Square. Mike Novogratz, CEO of Galaxy Digital, said Bitcoin is now an obvious financial play for hedge funds and believes that as time goes… Read More

BTC Addresses Hits New All Time High Of 30.4 Million As Bitcoin Rockets To $13K

BTC addresses in profit have hit a new all-time high of 30.4 Million, meaning all those wallets are in the positive as Bitcoin rockets to $13K. The amount of Bitcoin addresses in profit has hit a new all-time high value of 30,403,795. This is according to data from Glassnode shared via Twitter. ? #Bitcoin $BTC… Read More

Bitcoin Surges On Paypal Plans To Let Users Buy, Sell And Accept Cryptocurrency

Bitcoin is surging on confirmation of Paypal plans to let users buy, sell, and enabling merchants to accept cryptocurrency. Today, we are announcing the launch of a new service that will enable customers to buy, hold and sell #Cryptocurrency directly from their PayPal account. https://t.co/QS6JRmG9hs pic.twitter.com/uHBatfZkbF — PayPal (@PayPal) October 21, 2020 Market Watch reports,… Read More

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