Bookmarking Crypto Insights
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Paypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money into blockchain and digital currencies. Schulman explained: … Read more
After their limited crypto trading service “exceeded expectations,” the company will double down on crypto, blockchain, and digital currencies in 2021 Go to Source Powered by WPeMatico
Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue will climb 20%. Dolev says there has been a “dramatic increase in engagement due to crypto,” with 50% of Paypal crypto users … Read more
Daily crypto volume on payments giant PayPal have surged to record highs above $240 million. Go to Source Powered by WPeMatico
After getting some boundaries in which to operate from the SEC, IMVU’s new blockchain-based token will be a major test case for crypto. Go to Source Powered by WPeMatico
Coinbase Ventures, PayPal Ventures and Winkelvoss Capital have all invested in cryptocurrency tax automation software provider TaxBit. Go to Source Powered by WPeMatico
Bitcoin’s record-breaking start to the new year continued on January 5 after the top crypto set another new all-time high (ATH) of $35,879. Based on this new milestone, the top cryptocurrency has now surged by more than 20% in just the first of five days of the new year. Record-Breaking Start to 2021 Interestingly, the … Read more
Corporations and institutional investors seeking an alternate store of value amid the pandemic crisis drove crypto to new heights in 2020. Go to Source Powered by WPeMatico
The enterprise blockchain space in 2020 looks a lot different from previous years, demonstrating the continuation and a drive to mature and advance. Go to Source Powered by WPeMatico
Early adopters who saw the potential in Bitcoin in the last decade have been waiting for this year their entire crypto investing lives. Go to Source Powered by WPeMatico
