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JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success
25.10.2020
JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says that with millennials set to become a more important market participant in the coming years, their preference...
Gold smuggler's gait gives him away as Paypal launches price action moon mission: Bad crypto news of the week
24.10.2020
Check out this week’s Bad Crypto podcast
CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto
24.10.2020
The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile...
Billionaire Hedge Fund Manager Paul Tudor Jones: A Bet on Bitcoin Is a Bet on Human Ingenuity
24.10.2020
A recap of an exceptionally bullish week for bitcoin and crypto as a whole
PayPal’s Crypto Offer, BTC’s 13K Break, Bahama’s CBDC and 20 Crypto Jokes
24.10.2020
We saw some major news this crypto week, as BTC broke USD 13,000, PayPal said it will offer buying, selling and holding crypto, and the Bahamas unveiled its Sand Dollar. Following its network update, monero reigned as the best performing coin in the top 15, while Phase 0 of ETH 2.0 might be coming...
Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles
24.10.2020
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments...
Novogratz calls PayPal’s Bitcoin news 'the shot heard around the world on Wall Street’
23.10.2020
PayPal coming to crypto is big news for adoption, says the investor
Law Decoded: Government sandboxes, test beds and crypto compromises
23.10.2020
These week's news highlighted how governments test new regimes for cryptocurrency, which can be slow but is certainly some kind of progress
Grayscale Adds $300 Million in Cryptocurrency Assets Under Management in Just 24 Hours
23.10.2020
Grayscale Investments said Thursday that it added $300 million in net assets under management (AUM) in just the last 24 hours. ■ The firm now has a record $7.3 billion in total AUM, according to a tweet by Barry Silbert, chief executive officer of the Digital Currency Group, Grayscale’s...
PayPal In M&A Talks With Wrapped Bitcoin Custodian BitGo - Report
23.10.2020
Mike Belshe, Co-founder and CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg
It seems that online payments giant PayPal has bigger plans in the Cryptoverse. Within weeks, the company could reach a deal to buy US-based major crypto custodian BitGo, Bloomberg reported, citing undisclosed...
PayPal rumored to be eying acquisition of crypto custodian BitGo
23.10.2020
Shortly after it was revealed PayPal will launch crypto payments in 2021, rumors are circulating that the payments giant is looking to purchase a digital asset custodian
PayPal Said to Be in Talks to Buy Crypto Firms Including Bitgo: Bloomberg
22.10.2020
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 crypto integration means Bitcoin could triple its user base
22.10.2020
PayPal’s crypto integration may bode well for Bitcoin price as its user base could triple
Not everyone in the crypto industry is thrilled about PayPal's recent news
22.10.2020
PayPal’s Bitcoin integration is “probably not because they want to spur healthy adoption,” explained SatoshiLabs
PayPal’s Move Is Good for Crypto Adoption but Not So Much for Profits: Morgan Stanley
22.10.2020
There may be more upside for crypto than for PayPal's earnings, researchers wrote
Price Increase Drives 98% of Bitcoin Holders Into a State of Profit
22.10.2020
The price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on...
Bitcoin market sentiment and fundamentals still favor BTC price bulls
22.10.2020
As Bitcoin briefly surpasses $13,000, its highest price for 2020, market sentiment and fundamentals both favor a prolonged bull market
PayPal, Square, Revolut, and Robinhood: A Crypto Comparison
22.10.2020
With PayPal's latest, big crypto news, entering the crypto market officially, let's take a quick look and compare their offering to those of other large payments companies that entered the space before it: Revolut and Square, and investing app Robinhood. This allows an insight into what exactly...
Bitcoin officially flippens PayPal
22.10.2020
The asset has overtaken the network’s market cap following an announcement that PayPal intends to integrate crypto
Blockchain Bites: Hodl Hodl’s No-KYC Bitcoin Lending, Voyager’s Token Merging M&A Deal, Crypto’s Reaction to PayPal
22.10.2020
Hodl Hodl announced a no-KYC, P2P lending service. Reactions to PayPal's crypto market entrance. And a token-merging M&A deal