Category: Adoption

Here’s why some analysts view PayPal’s crypto news as a “nothingburger”

PayPal made waves in the crypto market today after announcing that its users will now have the ability to buy, sell, and pay for items using digital assets like Bitcoin and Ethereum. Competitors to the platform – like Square and CashApp – have already taken steps to provide their users with this ability, but none…

October 21, 2020
Nigerian Protest Group Finds Sovereign Lifeline In Bitcoin

This article also appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! Since mid-October, protestors across Nigeria have been demonstrating daily to bring attention to claims that a police unit known as the Special Anti-Robbery Squad (SARS) is taking part…

October 21, 2020
Shifting gears: Driving enterprise DeFi adoption through tokenization

Enterprise DeFi use could see a rise in 2021, but only if tokenization standards catch on with the mainstream.

October 21, 2020
Bitcoin could flippen PayPal on bullish news from… PayPal

Bigger than Disney. Bigger than Netflix. And soon, Bitcoin could be bigger than the company that’s driving its bullish momentum.

October 21, 2020
Regulation will keep PayPal’s new crypto services from looking anything like crypto

For now, PayPal’s crypto payments are more about satisfying regulators than providing users with crypto capabilities.

October 21, 2020
Nigeria Protests Show Bitcoin Adoption Is Not Coming: It’s Here

Blockchain is gaining traction fast in Nigeria partly because its young and tech-savvy population is showing an eagerness to learn more about Web3.0, a decentralized internet powered by blockchain technology.

October 21, 2020
PayPal Introduces Ability To Buy, Sell And Hold Bitcoin

Major online payments company PayPal today announced the launch of a service that will allow its customers to buy, sell and hold bitcoin, along with other select cryptocurrencies, directly from their PayPal accounts. This could create a brand new on-ramp to BTC for a huge new consumer base with interest in digital payments, as the…

October 21, 2020
PayPal to enable users to buy crypto assets, fueling strong Bitcoin momentum

PayPal, the $236 billion digital payments giant, will allow users to buy and sell crypto assets. The news adds to the strong momentum of Bitcoin (BTC), which has rallied 10% in the last five days. The daily price chart of Bitcoin. Source: BTCUSD on TradingView.com In an interview with Reuters, PayPal president and CEO Dan…

October 21, 2020
The Bahamas launches world’s first CBDC, the ‘Sand Dollar’

This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program.

October 20, 2020
The Rush To Own India’s Bitcoin Market Is Back On

While the volume and scale may not be huge by current industry standards, venture capital inflows into Indian Bitcoin companies have been hard not to notice this year. Long considered an obviously ripe market for Bitcoin adoption, the regulatory and banking establishments in India have, at times, hamstrung growth of a local commercial Bitcoin ecosystem,…

October 20, 2020