Category: Bitcoin News

Tether, And Not PayPal, Boosted Bitcoin [BTC] Price Above $13,000

It nearly 24 hours that payments giant PayPal announced the launch of its crypto trading services on Wednesday, October 21. Later on the day, the Bitcoin price surged past $13,000 as the bulls raged-in. Many attribute this BTC price surge to the PayPal news. However, there was a silent player possibly behind the Bitcoin price […]

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Bitcoin Price Prediction: BTC Pieces $13,200, Hitting New Yearly Highs

Bitcoin price paces upwards, trading new 2020 highs above $13,000. BTC/USD bullish outlook has the potential to continue especially without a formidable hurdle ahead. Bitcoin had a smooth sailing in the past few days, first bringing down the resistance at $11,800. The bullish momentum paced upwards, allowing the bulls to smash through the crucial $12,000 […]

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PayPal Introduces Crypto Trading, Plans To Start Crypto Shopping Facility

The long wait has finally ended! On Wednesday, October 21, online payments giant PayPal Holdings has confirmed its entry in the crypto market as per the Reuters report. PayPal said that it will allow its customers to trade Bitcoin and other digital currencies via the company’s online wallets. PayPal said that it has received the […]

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Bitcoin Poised to Resume Rally After Second Move Above $12k

Bitcoin has made its second move into the $12,000 price zone this year with today’s re-tap of $12,300. Analysts are confident that the rally could resume taking it all the way up to last year’s highs. A couple of hours ago during Asian trading Bitcoin surged to revisit the $12,300 price level which equals its […]

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Is It End For BitMEX? Exchange Makes Full Verification Mandatory for Traders

Weeks after cryptocurrency exchange BitMEX’s co-founder’s were charged for evading anti-money laundering rules, the exchange today made full verification mandatory for its users. BitMEX released an official tweet stating its users to complete their full verification by Nov. 5, 2020 to continue trading on the platform. We are accelerating the rollout of our User Verification […]

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UK Publicly Traded Fintech Firm Mode Global Allocates 10% Reserves to Bitcoin

UK Publicly Traded Fintech Firm Mode Global Allocates 10% Reserves to Bitcoin

Institutional interest in Bitcoin is real. After world-renowned institutional players in the financial market such as Grayscale Investments, MicroStrategy and Jack Dorsey’s Square Inc. placed their bets on the bellwether digital asset Bitcoin, more institutional participants are jumping into the game. The latest to commit themselves to this ‘digital gold’ is UK publicly traded financial […]

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PayPal’s Crypto Integration – What’s the Catch?

PayPal’s Crypto Integration – What’s the Catch?

Much has been said in the last 12 hours about PayPal’s momentous shift towards cryptocurrency. Considered a huge victory for the crypto industry, analysts and experts have been quick to praise PayPal’s decision in accelerating the global adoption of cryptocurrency. The discussion did not stop there, however, as members of the community stood out to […]

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Bitcoin Rallies After PayPal Takes on Cryptocurrency Payments in Historic Shift Towards Digital Assets

Bitcoin Rallies After PayPal Takes on Cryptocurrency Payments in Historic Shift Towards Digital Assets

Rumours of PayPal jumping on the cryptocurrency bandwagon have been floating around for months, beginning when PayPal put up job postings for the roles of a crypto engineer and blockchain research engineer back in June. On October 21, PayPal Holdings Ltd, the world’s largest cross-border online payments platform, made an astonishing announcement: PayPal is going […]

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4% Annual Interest Returns When You Deposit BTC in UK Exchange Luno

4% Annual Interest Returns When You Deposit BTC in UK Exchange Luno

As countries such as the UK and US consider a negative interest rate approach in response to the worsening economic crisis, bank customers are now caught in a dilemma: Depositing their funds with the bank is a necessity, but why should they pay the bank to hold their money? Luno, a UK-based digital wallet service […]

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