Crypto Long & Short: Why the PayPal Rally Isn’t What It Seems, and Why That’s OK
PayPal opening up its network to bitcoin and crypto is a game-changer, but the announcement hides a bigger and more important message.
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Cryptocurrency advocate Andreas Antonopoulos speaks out against PayPal, claiming Bitcoin bought on the payments platform isn’t real Bitcoin. ICYMI The headlines say, "Bitcoin is now available on PayPal!" But is it? Here’s why PayPal #bitcoin isn’t bitcoin: https://t.co/sFU7GL9ZP6 pic.twitter.com/dMCRtBKDHr — Andreas ☮ 🌈 ⚛ ⚖ 🌐 📡 📖 📹 🔑 🛩 (@aantonop) December 15, 2020 […]
Bitcoin price surged above $11,000 and $11,200 against the US Dollar. BTC is now consolidating gains and it seems to be preparing for another rally above $11,500. Bitcoin is showing positive signs and it is trading nicely above the $11,200 support level. The price is facing a short-term resistance at $11,420, but it is above […]
Here's a look at what we are focusing on in the bitcoin price this evening. Well that’s it for another day, and the bitcoin price has not really moved across the entire session. We saw price dip below 800 temporarily, but it recovered quickly to current levels around four dollars clear of the threshold. Unfortunately for us, and as per the rules of our strategy outlined as part of this morning’s analysis, we got in short on the break and were quickly taken out of the trade as price returned to trade above 800 and took out our stop. This isn’t great, but its also not a huge issue. We’re in....
Coinbase raises important questions about employee activism, plus what the BitMEX indictments say about the future of the industry.
Can you purchase bitcoin through PayPal? The short answer is "yes." The long answer is "yes you can, but there are several barricades that often come with such a feat." One can purchase bitcoin through a PayPal account, but there are very few platforms that allow this, as doing so has been deemed risky for the seller or sellers. For starters, bitcoin buyers can always perform a chargeback, which is a demand by the issuing bank or credit card company that funds are returned to a buyer due to a disputed or fraudulent purchase. Unfortunately, there really is no way for a seller to contest....