65% PayPal Users Would Use Bitcoin as Currency at PayPal’s 28M Merchants – Mizuho Securities Survey
Most of us heard the news about the hedge fund manager Pantera Capital revealing, Paypal bought up to 70 percent of all the newly mined Bitcoin since the payment gateway service started offering their crypto services. PayPal and Square Cash App, the two giants in…
Netherland’s New Law on Cryptocurrency Service Providers: Clients Must Explain Why They Want To Buy Bitcoin
World’s largest cryptocurrency with the highest market capitalization Bitcoin continues to rally. Accounting to more than 80 percent in gains over the past six weeks, the coin’s Mayer Multiple-the ratio of price to the 200-day moving average shows this rally is at its early stages….
US Senator Cynthia Lummis to Educate Congress about Bitcoin as a ‘Great Store of Value’
Long term Bitcoin holder Senator Cynthia Lummis has revealed that she will give priority to explain her colleagues in Congress about Bitcoin as “a great store of value.” Republican candidate Cynthia Lummis won a U.S. Senate seat representing Wyoming filling the seat of Senator Mike…
Bitcoin Hits $18K, Price Increased by 9% within 24Hrs
Bitcoin price rallied to $17,858 with a higher number of volume surge, pushing the price through the $17,100 to $17,300 field. Many analysts predicted the above range would be a powerful resistance level. However, Bitcoin managed to set another high in 2020 by rallying above…
Grayscale Investments Purchases $240M Worth of Bitcoin Again
Grayscale investments is an organization that manages cryptocurrency investment funds. Being a subsidiary of Digital Currency Group, the institute has been making many news headlines about its purchases of Bitcoin recently. The company’s largest trust, Grayscale Bitcoin Trust (GBTC), created in 2013, now manages more…
Buying Bitcoin and Cryptocurrencies in 2020
The interest in Bitcoin and Cryptocurrency is rising every day. When Bitcoin sets new records everyone is searching for buying Bitcoin, the new internet gold. So we thought to create a guide on How to buy Bitcoin in 2020. What is Bitcoin? Bitcoin is a…
PayPal Users Now Can Start Trading in Cryptocurrencies
PayPal – the payment platform announced that they are now ready to provide its users with trading Bitcoin. The U.S. users now no longer have to wait and start paying for products and services in cryptocurrencies from their Paypal accounts. The platform also increased its limits…
SEC Makes Crowdfunding Easier for Crypto Startups
The US Securities and Exchange Commission (SEC) announced today that they are raising crowdfunding limitations from the present limit of US$1.07 million to US$5 million. The new change will take place as a part of a package of amendments to its exemption offering framework allowing…
Gazprombank to Offer Bitcoin Services and Custody – Switzerland Approves
A subsidiary of Russia’s third-largest bank, Zurich-based Gazprombank, has received the approval of Switzerland’s financial regulator to offer Cryptocurrency and Bitcoin services to its clients. The bank now offers services including trading, buying, selling, and custodian services for Bitcoin. Cryptocurrency and Bitcoin Services Gazprombank (Switzerland)…
New Iranian Legislation to Fund Its Imports by Bitcoin
With the U.S.’s withdrawal from the nuclear deal with Iran in May 2018, reinstating economic sanctions, the economy of Iran faced an ongoing recession. The country’s national currency, the Rial lost close to half of its value against the U.S. dollar. Many Iranians now look…
