PayPal Adds Cryptocurrency Support For US Users

PayPal Adds Cryptocurrency Support For US Users

US PayPal users will be able to buy, sell and store cryptocurrencies. It is planned to add these features for international customers in 2021. US citizens will be able to conduct cryptocurrency transactions via PayPal in the next few weeks, and the company’s Venmo mobile payment service will add this capability in the first half of 2021. On this news, bitcoin rushed up and is preparing to overcome $ 12,500, updating the maximum since last…

Bitcoin exchange rate exceeded $12 800 and updated the maximum in 15 months

Bitcoin exchange rate exceeded $12 800 and updated the maximum in 15 months

Bitcoin has surpassed $ 12,800, hitting a high since July 2019 amid growing support from institutional investors and large companies. Today’s leap in the rate was mainly due to the announcement of the PayPal payment system to add support for bitcoin and other cryptocurrencies. Quantum Economics analyst Jason Deane believes that reaching this mark is important for Bitcoin, after which it can renew highs and continue to grow. https://bits.media/upload/medialibrary/682/211020_Bitcoin_price.png Institutional investors are helping the development…