{"id":94340,"date":"2020-10-21T17:52:55","date_gmt":"2020-10-21T14:52:55","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-soars-to-12-9k-as-paypal-proves-crypto-is-ready-for-everyone\/"},"modified":"2020-10-21T17:52:55","modified_gmt":"2020-10-21T14:52:55","slug":"bitcoin-soars-to-12-9k-as-paypal-proves-crypto-is-ready-for-everyone","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-soars-to-12-9k-as-paypal-proves-crypto-is-ready-for-everyone\/","title":{"rendered":"# Bitcoin soars to $12.9K as PayPal proves crypto is ready for everyone"},"content":{"rendered":"<p>&#8220;<strong># Bitcoin soars to $12.9K as PayPal proves crypto is ready for everyone <\/strong>&#8221;<\/p>\n<div data-v-5a136f3a=\"\">Bitcoin (BTC) hit highs of $12,865 during trading on Oct. 21 as <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> that PayPal would support cryptocurrency continued to boost markets.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.eu-central-1.amazonaws.com\/s3.cointelegraph.com\/uploads\/2020-10\/868ee794-a10e-44d9-a19a-9512727d3c34.png\"\/><\/figure>\n<p><em>Cryptocurrency daily market overview. Source: Coin360<\/em><\/p>\n<p><strong>BTC price closes in on 2019 highs<\/strong><\/p>\n<p>Data from Cointelegraph Markets, <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/coin360.com\/coin\/bitcoin-btc\">Coin360<\/a> and <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\">TradingView<\/a> confirmed Bitcoin\u2019s best day in over a year as 24-hour gains topped 7%.<\/p>\n<p>At press time, hours after rising to $12,400, BTC\/USD crossed $12,500 to only see resistance at just below $13,000. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.eu-central-1.amazonaws.com\/s3.cointelegraph.com\/uploads\/2020-10\/02ba6be2-0f00-4202-8072-104c2b601eaf.png\"\/><\/figure>\n<p><em>BTC\/USD 1-hour price chart. Source: TradingView<\/em><\/p>\n<p>As Cointelegraph reported, PayPal plans to support Bitcoin and three altcoins \u2014 Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) from next year. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"\/><\/p>\n<p>Reactions continue to surface and are mixed in mood, with some analysts criticizing the company for not giving prospective investors the freedoms associated with standard cryptocurrency wallets. <\/p>\n<p>PayPal aims to provide de facto cryptocurrency custody services, but will place restrictions on how funds can enter and leave its products.<\/p>\n<p>\u201cSo, this is all a big PayPal nothing burger, just entries in a central PayPal database, nothing to do with Bitcoin,\u201d quant analyst <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/twitter.com\/100trillionUSD\/status\/1318908402064625664\">PlanB<\/a> countered.<\/p>\n<p>Nonetheless, the impact on market sentiment was im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>arent after Reuters broke the news, Litecoin leading the altcoin gains with an 11.1% advance to $52.30.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-soars-to-12-9k-as-paypal-proves-crypto-is-ready-for-everyone\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin soars to $12.9K as PayPal proves crypto is ready for everyone &#8221; Bitcoin (BTC) hit highs of $12,865 during trading on Oct. 21 as news that PayPal would support cryptocurrency continued to boost markets. Cryptocurrency daily market overview. Source: Coin360 BTC price closes in on 2019 highs Data from Cointelegraph Markets, Coin360 and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":94341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.eu-central-1.amazonaws.com\/s3.cointelegraph.com\/uploads\/2020-09\/aec8ff63-f85f-4571-8804-e093737b4ecf.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,76574],"class_list":["post-94340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-paypal"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/94340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=94340"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/94340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/94341"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=94340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=94340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=94340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}