Bitcoin blasts through $13K following PayPal’s entrance into crypto
News of PayPal’s support for crypto assets has triggered a rally in the markets, with Bitcoin trading above $13,000 for the first time since July. Bitcoin (BTC) has rallied above $13,000 for the first time since July, and only the third time since the all-time high bull run of late-2017.The move follows the long sustained period of five-figure price action, with BTC having spent nearly the entirety of the past 12 weeks trading above $10,000.Weekly BTC/USD chart: BitcoinWisdomThe spike was triggered by news that the global payments giant PayPal is launching support for Bitcoin, in addition....
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Daily crypto volume on payments giant PayPal have surged to record highs above $240 million. Global payments provider PayPal has doubled its previous crypto volume record, with $242 million worth of digital assets changing hands on the platform during Jan. 11.According to crypto market data aggregator Nomics, yesterday’s trading dwarfed PayPal’s previous volume record of $129 million recorded on Jan. 6. Since Jan. 1, daily volume has increased by 950% from $22.8.With the spike in PayPal’s volume coming amid Bitcoin’s rally into new all-time highs, the U.S.-based payments firm appears to be....
PayPal’s Bitcoin trading services are now fully available in the United Kingdom after the global payment giant began rolling out services last month. PayPal officially announced on Friday that all eligible customers in the United Kingdom can now buy, hold and sell cryptocurrencies using their PayPal accounts.Customers can trade four major cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). As announced previously, crypto trading will only be available to PayPal customers with verified identities.PayPal announced plans to move into the British cryptocurrency....
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A new third party sign in system has recently been added for the Franko (FRK) users. Through this new system, the Franko users would be able to log in to different third party apps, websites and games by using their Franko wallet. This user friendly system will allow users to enjoy performing multiple financial tasks using only their Frank accounts. This new third party sign in system is known as the 'Entrance'. This system will give competition in the case of authentication services from Twitter, Facebook, Google and others in order to become an omnipresent online log-in mechanism. When....