When demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow.
PayPal CEO Schulman Say He’s Bullish on Bitcoin as a Currency
Schulman spoke the fall of cash, the rise of bitcoin, and the institutional traders taking note.
PayPal Rolls Out Crypto for All US Customers
Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is this?
PayPal Rolls Out Crypto for All US Customers
Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is this?
PayPal Removes Waitlist for New Crypto Service
All eligible PayPal accountholders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday.
Bitcoin Is Good for PayPal, but Is PayPal Good for Bitcoin?
PayPal’s embrace of crypto brings a potential 345 million people into the ecosystem. But where banks go, regulators follow.
ZenGo Joins Visa Fast Track Program to Get Non-Custodial Crypto Card Off the Ground
Visa has added crypto wallet provider ZenGo into its Fast Track program. The startup hopes to launch a debit card in the U.S. in early 2021.
PayPal CEO Discusses ‘Expansive’ Digital Wallet Plans on Q3 Earnings Call
PayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the company’s third quarter earnings call Monday.
PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers
PayPal opening its network to cryptocurrencies could create a serious tax headache for users.
PayPal-Backed Blockchain Analytics Firm Hires Former US Treasury Adviser
TRM Labs, a blockchain analytics firm with backing from PayPal, is adding Ari Redbord as its head of legal and government affairs.
PayPal Cuts Service to Crypto-Funded Domain Registrar Hosting Right-Wing Sites
A report suggests the action may be over the firm’s digital currency, Masterbucks.
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.
Billionaire Hedge Fund Manager Paul Tudor Jones: A Bet on Bitcoin Is a Bet on Human Ingenuity
A recap of an exceptionally bullish week for bitcoin and crypto as a whole.
PayPal Said to Be in Talks to Buy Crypto Firms Including Bitgo: Bloomberg
PayPal is exploring purchases of cryptocurrency companies including bitcoin custodian firm BitGo, Bloomberg reported, citing people familiar with the matter. This story is developing. It will be updated as more is known.
PayPal’s Move Is Good for Crypto Adoption but Not So Much for Profits: Morgan Stanley
There may be more upside for crypto than for PayPal’s earnings, researchers wrote.
First Mover: The FOMO Takes Over as PayPal Play Sparks Bitcoin Rally to $13K
Latest rally leaves bitcoin up 80% year-to-date, an enviable performance that’s bound to inspire the fear of missing out among some investors.
Bitcoin Rallies Above $13K Less Than 24 Hours After Breaking 2020 Highs
Bitcoin (BTC) has risen above $13,000 in less than 24 hours after it broke the $12,000 level on the news that PayPal will support cryptocurrencies on its platform.
Baby Steps or Handcuffs? Crypto Pros Assess PayPal’s Bitcoin Play
Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?
Litecoin Surges After PayPal Includes It Among the Cryptos Its Customers Can Buy, Sell, Hold
The ninth-largest cryptocurrency by market value initially jumped more than 10%.
PayPal Adds Bitcoin: Most Bullish News of the Year?
PayPal will offer its US customers buying and selling of crypto, with support for payments to 26m strong merchant network coming next year