• PayPal CEO cryptocurrency future financial services
    Cryptocurrencies,  Regulation

    PayPal CEO says cryptocurrencies will help it shape ‘a new era of financial services’

    During the payments giant’s Q3 earnings call, Dan Schulman said that the company aims to become ‘a market leader in the digital currency space’

    Pointing to the payments giant’s intention “to increase the utility of cryptocurrencies, as well as, embrace new forms of central bank digital currencies,” Schulman said, “We are entering a new era of financial services where our wallets and all the services around them are moving from physical to digital. These include identity management, new forms of commerce, and fully digital payments and financial services.”

  • half U.S. investors interested bitcoin
    Bitcoin

    More than half of U.S. investors interested buying in Bitcoin

    Nearly one quarter of them already have, according to a survey by Grayscale Investments, which also found the pandemic was a big driver of interest

    The findings, announced on Oct. 27, show that 55% of them would be interested in investing in Bitcoin, while 23% already bought in. This percentage of American investors translates to nearly 32 million potential Bitcoin investors.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin keeps $13K support but a correction could cost $1K or more

    Short-term reversion for the markets is nothing unusual, say analysts, while those looking beyond remain firmly bullish on BTC

    Bitcoin begins a new week with a new record under its belt—the highest weekly close in almost three years. The weekend produced even higher highs for Bitcoin as excitement spilled over from last week. Far from being flat, volatility was in evidence as BTC/USD climbed to highs of $13,370.

  • Markets report bitcoin price
    Bitcoin,  Markets Report,  Opinion

    Markets Report: Bitcoin circles $13,000 as amid fresh rumors of more firms buying BTC

    Bitcoin’s best week in over a year shows no signs of reversing its fortunes as $13,000 stays in sight

    Bitcoin spent another day challenging $13,000 on Oct. 23 as the aftermath of its rapid run to 15-month highs continued to excite investors. The past week has seen some of the most successful trading days in Bitcoin’s history, and as markets prepared to close on Friday, upward momentum showed no signs of reversing.