• PayPal Schulman crypto easy
    Alt coins,  Bitcoin,  Ethereum

    PayPal CEO: We’ll make it ‘very simple and easy’ to use crypto every day

    In an interview, Dan Schulman predicted that PayPal’s embrace of bitcoin and three other cryptos will help bring digital currencies into the mainstream

    “Early next year we’re going to allow cryptocurrencies to be a funding source for any transaction happening at all 28 million of our merchants, and that will significantly bolster the utility of cryptocurrencies," Schulman said.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin Delays $19,000 as Fresh Dollar Weakness Ensues

    $19,000 resistance proves stubborn and opinions vary about whether the short-term future is up or down for Bitcoin

    Bitcoin is taking aim at $19,000 as the week begins—can more major levels flip to support or will the market see a major correction? After a fairly volatile weekend, BTC/USD is circling $18,500 in Monday trading prior to Wall St. opening bell. $19,000, however, remains untouched.

  • BlackRock Rick Rieder Bitcoin replace gold
    Bitcoin

    BlackRock CIO Rick Rieder argues Bitcoin could replace gold

    The chief investment officer of the world’s largest asset management firm admits he cannot estimate Bitcoin’s value, but recognizes that it may be a better store of value than gold

    The chief investment officer at the world’s top asset manager, BlackRock, argued that Bitcoin may be a better store of value than gold. “It's hard to say whether it's worth the price it is trading at today. But do I think it is a durable mechanism that—do I think could replace gold to a large extent? Yeah I do, because it's so much more functional than passing a bar of gold around.”

  • payment systems push Bitcoin Clayton
    Bitcoin,  Regulation

    Slow, costly payment systems push Bitcoin higher: SEC’s Jay Clayton

    The Securities and Exchange Commission’s chairman said the financial system’s inefficiencies will help crypto payment solutions arise; a new Senate ally will also help

    Securities and Exchange Commission chairman Jay Clayton suggested that Bitcoin (BTC) is thriving thanks to the shortcomings of the traditional financial system.

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