Category: Pantera Capital

65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services: Survey

65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services: Survey

At least 65% of people who use the Paypal app to trade bitcoin are prepared to start using the top cryptocurrency to pay for goods and services at the 28 million stores supported by the payments company throughout the world. According to a proprietary survey of 380 Paypal users by Mizuho Securities, 17% of the […]

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Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets

Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets

Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s Cash App, the two companies are buying more than 100% of […]

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