Bitcoin Price Rises Thanks to PayPal Bitcoin Announcement

Bitcoin Price Rises Thanks to PayPal Bitcoin Announcement

Bitcoin has rebounded from its recent low largely thanks to a PayPal Bitcoin announcement made earlier today. The PayPal Bitcoin announcement highlighted PayPal going a step further towards accepting Bitcoin by partnering with BitPay, Coinbase, and GoCoin in order to allow PayPal's digital goods merchants to accept Bitcoin as payment. This news resulted in the price moving from around $395 to over $450 within hours. PayPal Bitcoin Announcement a Long Time Coming. The decline in the Bitcoin price brought with it fear, speculation and an opportunity for miners and investors alike. The....


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Bitwala Now Lets Users Send Bitcoin to Paypal Accounts

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Payment processing giant Paypal announced on Thursday that “all eligible Paypal account holders in the U.S. can now buy, hold, and sell cryptocurrency directly with Paypal.” The news follows the company’s announcement to support crypto assets at the end of October. Paypal’s New Relationship With Crypto Assets On October 21, 2020, the payment firm Paypal announced that it would soon support bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC). The company said the Paypal customers would be able to buy, sell, and hold the virtual assets. On November....