Tags : PayPal

Bitcoin

PayPal processed nearly $2 billion worth of Bitcoin, Ethereum, and

PayPal’s custodian of crypto funds, itBit, traded over $2.1 billion worth of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PAX in May, according to data provided by analytics tool Nomics. Owned by Paxos, itBit is a crypto exchange that provides liquidity for PayPal, a US company operating an online payments system that entered into the crypto […]Read More

Bitcoin

PayPal to allow Americans to pay with Bitcoin, Ethereum at

PayPal announced today that it shall allow US customers to pay with cryptocurrencies throughout its worldwide retailer network, as per a report this morning on Reuters. The company will charge no transaction fee to checkout with crypto and only one type of coin can be used for each purchase, it said. The service—which is yet […]Read More

Bitcoin

Bitcoin Rebounds as PayPal Rival Buys $170M BTC; Boom Ahead?

Yerevan (Bitcoinist) – Bitcoin underwent a modest recovery this Wednesday after Square, a payment service rival to PayPal, revealed its recent investments into the cryptocurrency. The Twitter-fame Jack Dorsey’s firm purchased $170 million worth of bitcoin tokens at an average rate of $53,125. Combined with its $50 million investment into the cryptocurrency previously, the latest […]Read More