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“# PayPal de-platforms conservative domain registrar over ‘alternative currency’ ” PayPal has terminated its services to domain registrar Epik, allegedly due to a risk of money laundering through its “alternative currency” Masterbucks, according to an article on Mashable. However, in a series of open letters, Robert Davis, Epik’s senior vice president of strategy and communications…
“# Gold smuggler’s gait gives him away as Paypal launches price action moon mission: Bad crypto news of the week ” It’s been quite a week for Bitcoin, a week we’ve been waiting for. The coin is up nearly 13 percent and burst through the $13,000 barrier. Some of that support came from Paypal’s decision…
“# Novogratz calls PayPal’s Bitcoin news ‘the shot heard around the world on Wall Street’ ” Galaxy Digital CEO and multi-millionaire Mike Novogratz recently hopped on CNBC Squawk Box for an interview, detailing the importance of PayPal’s upcoming 2021 Bitcoin (BTC) launch. “I think that’s, in some ways, the shot heard around the world on…
“# Law Decoded: Government sandboxes, test beds and crypto compromises, Oct. 16-23 ” A line from immortal comic strip Calvin & Hobbes goes “a good compromise leaves everybody mad.” When it comes to laws governing crypto, authorities are usually asking for pretty major compromises because they are, at their very best-intentioned, trying to work things…
“# PayPal rumored to be eying acquisition of crypto custodian BitGo ” Global payments firm PayPal is looking to acquire a crypto asset custody firm, with a report published by Bloomberg on Oct. 23 claiming the company is currently in talks with BitGo Inc. Anonymous sources cited in the report claimed that the two companies…
“# PayPal’s crypto integration means Bitcoin could triple its user base ” Bitcoin (BTC) price has again punched through the $13,000 mark after yesterday’s PayPal’s announcement sparked a powerful rally which drove the price to a new 2020 high. Currently sitting near $13,100, Bitcoin price has rallied nearly 10% since the announcement and BTC is…
“# Not everyone in the crypto industry is thrilled about PayPal’s recent news ” While many in the industry were pleased with Bitcoin’s surge past $13,200 following an announcement that PayPal intends to integrate crypto into its network, some fail to see any benefits beyond the immediate price movement. According to an Oct. 21 blog…
“# Bitcoin market sentiment and fundamentals still favor BTC price bulls ” Bitcoin price has seen a healthy upward tick toward the $13,000 mark in the fourth quarter. At the start of the quarter, Bitcoin (BTC) was in the sub-$11,000 region, and from there, constant rises took the price to the $13,000 mark on Oct….
“# Bitcoin officially flippens PayPal ” Since PayPal announced adding Bitcoin (BTC) to its platform, the asset’s market cap has exceeded that of PayPal itself. Ironic? At press time, Bitcoin holds a market cap of $239,877,416,968, just recently surpassing PayPal on AssetDash’s list of the largest stocks, ETFs, and crypto assets. Bitcoin now holds the…
“# Bitcoin’s brief trip to $13.2K suggests profit-taking price correction ” The price of Bitcoin (BTC) surpassed $13,000 for the first time since June 2019. The optimism around PayPal supporting crypto purchases led the overall market sentiment to brighten within a short period. Immediately after the PayPal news was reported, the price of Bitcoin increased…