Bitcoin Sets New Yearly High After PayPal Adds Crypto: What’s Next?
Bitcoin has surged over the past few days amid strong fundamental events. The cryptocurrency currently trades for $12,800, just shy of a new year-to-date high. The coin is up over 8% in the past 24 hours alone, outperforming most altcoins and digital assets. The latest leg higher in the price of Bitcoin seems to be related to news that PayPal is embracing crypto. PayPal, a global payments company, just revealed it is adding cryptocurrency buying […]
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PayPal back in October, 2020 had announced the rollout of a feature that would enable their users to buy cryptocurrencies using the site. The rollout began with US customers and PayPal slowly spread it out to customers in other regions. Continuing on this streak, PayPal had treaded softly with the amount of cryptocurrencies it allowed […]
Bitcoin price just set a higher high above the current 2023 high and 52-week high. What’s next after this as Bitcoin bulls continue to march upward? Bitcoin Price Sets New 52-Week High Bitcoin price is now trading above $31,800, which was the most recent 2023 high set back in July. Not only did July hold the […]
PayPal will offer its U.S. customers buying and selling of crypto, with support for payments to its merchant network next year.
There's no denying that, when it comes to online payments, PayPal is still king these days. However, bitcoin offers several advantages over this online payment method that could eventually allow the cryptocurrency to establish dominance. Is it really possible? Perhaps one big thing going for PayPal is that it hasn't really been heavily linked to illegal dealings the way bitcoin did with Silk Road. This sets bitcoin back by a number of notches, as the cryptocurrency has to prove its legitimacy and security before gaining mainstream adoption. Competition from Bitcoin. But while PayPal has....
Cryptocurrency exchange Coinbase now allows its U.S. customers to buy cryptocurrencies with Paypal. Millions of customers can now purchase up to $25,000 a day of cryptocurrencies with their Paypal accounts. Coinbase Adds Paypal as Funding Source for Users Coinbase announced Thursday that Paypal has been added as a funding source for buying cryptocurrencies at the exchange. The Nasdaq-listed company wrote: We are now offering millions of customers in the US a simple and speedy way to buy crypto on Coinbase using your debit cards and bank accounts linked to Paypal. Coinbase explained,....