Bitcoin Weekly Outlook: PayPal FOMO 2.0 Validates $20K Target
The PayPal FOMO could allow Bitcoin to hold $18,500 as support for its next upward leg towards $20,000, its record high with a huge sentimental value among traders.
Investors are More Interested in Bitcoin Than Stocks: TD Ameritrade
Lead anchor Oliver Renick, at the end of his six-minute-long market wrapup, claimed that investors are more interested in owning Bitcoin than the equities. He said the cryptocurrency...
PayPal Didn’t Shoot Bitcoin Above $13,000, Analyst Explains Why
On Wednesday, Bitcoin logged a supersonic bull run, hitting $13,000 for the first time in 15 months. The rally started after PayPal announced its foray into the cryptocurrency sector...
Why PayPal’s Upcoming Crypto Service is a Big Deal
Recently, rumors that PayPal is looking to begin offering cryptocurrency direct-sales began making headlines after insiders from the company, in addition to recent job postings looking...
Bitcoin Could Feature in More Investment Portfolios: eToro Analyst
Markets started out on a positive trend last week, before succumbing to fears of a second spread of coronavirus. With countries such as the US displaying some frightful numbers, there...
PayPal Crypto Rumor Could Push BTC Price to $12,000
News on PayPal’s alleged plan to enable PayPal and Venmo users to directly buy and sell crypto swamped social media on Monday, causing a quick reaction in Bitcoin price. BTCUSD...
The PayPal Bitcoin News Isn’t Entirely Bullish: Kraken CEO Explains
On Monday, the Bitcoin and crypto space saw one of the most positive news events in months. Citing three sources, CoinDesk reported that multi-billion-dollar payment giant PayPal is...
How a Crypto Cold War Could Arise From Central Bank Competition
Last year social media giant Facebook put the world’s central banks into a panic with its crypto currency ambitions. This year they are scrambling to launch their own digital...
PayPal Expands With $4 Billion Honey Acquisition
PayPal has finalized the purchase of the Honey deal finder startup, for a consideration of $4 billion. This latest move pushes the payment processor well ahead of crypto-friendly...
PayPal Files Lawsuit Against CFPB Over ‘Confusing’ Digital Wallet Rules
PayPal, the leader in online wallet payments, has filed a suit against the US Consumer Financial Protection Bureau (CFPB) over new rules requiring overly strict and constraining...
Crypto Worth $6.7 Million Seized from Kiwi Programmer
During a movie piracy setup crackdown, Hamilton Police seized $6.7 million in cryptocurrency from a software programmer. According to recent reports, law enforcement officers in...
Bitcoin Solves This: Ex-PayPal CFO ‘Fired as Customer’ by Bank of America
There are many use cases for bitcoin but the primary one is to cut out centralized banks. The banking system as we know it is on the verge of collapse, but that is not all. They also...