PayPal’s chief executive believes cryptocurrencies are on the verge of mainstream adoption as more businesses and consumers flock to “digital payments and digital forms of currency.” In an interview with CNBC, PayPal CEO Dan Schulman said the COVID-19 pandemic has accelerated the shift to digital forms of payments. PayPal wants to be at the forefront of the ongoing digital transformation. Schulman said the “use of cash has declined precipitously” amid the pandemic, adding that “40 to 70% of consumers no longer want to handle cash.” PayPal is not just making…
Day: November 23, 2020
First Mover: Near Record Highs, Bitcoin May Have a Volatile Week
Bitcoin is trading above $18,500, having charted a minor pullback to $17,800 over the weekend. The cryptocurrency’s one-month implied volatility metric has jumped to four-month highs, suggesting increased expectations for price turbulence over the next four weeks. “It’s likely the week ahead is filled with volatility with the possibility of a trading range between $19,000 and $17,000 the likely outcome. However, if the bulls take charge, then we could be discussing new all-time highs for BTC,” noted crypto exchange EQUOS in its daily bitcoin analysis email. In traditional markets, safe…
EZ Lab Blockchain solutions partner di Legambiente con la voce narrante di Jacopo Fo'
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Dal campo alla tavola, coltivare biodiversità e innovazione! EZ Lab partner di Legambiente, si impegna a portare il suo contributo per un’agricoltura sana e sostenibile. La voce narrante di Jacopo Fo’, racconta un uso consapevole e intelligente della tecnologia, che ci aiuterà a ritrovare il giusto posto sul pianeta e ci darà più tempo per ripensare al senso della nostra esistenza! Noi di EZ Lab vogliamo condividere con te una nuova cultura che germoglia nel mondo. ▶ Coinbase Website: Coinbase.com ▶ CEX…
Latin America’s Big Blockchain Opportunity
When I lived in Chile during the 2000s, I would bring a book to the bank because there was always a one-hour wait just to talk to a teller. Registering a mortgage for a makeshift dwelling in Rocinha (a favela in Rio de Janeiro) was a seemingly impossible task, as there were no formal ways to secure title for illegal settlements on invaded land. Returning defective products to a department store in Peru remains a Kafka-esque exercise involving documents and stamps and an excruciating process that might as well have…
Ethereum (ETH) Clears $600, Making A Retest Of All-Time Highs Imminent
Ethereum has exploded with the same momentum that Bitcoin did earlier in November, now taking the altcoin’s recovery to over $600. The level is the last major resistance zone before an all-time high retest is due. Here is the level to watch for where a reversal could take place, or if it’s too late and the cryptocurrency will just keep on going from here. Ethereum Takes Out $600, All-Time High Possible With Another Leg Up Bitcoin price reaching prices near $20,000 has diverted incoming capital toward altcoins once again. Ethereum…
Bitcoin is already outperforming the halving that sparked $20K all-time high
Bitcoin (BTC) has more than doubled since its latest block subsidy halving and is now outpacing its last bull run. Data compiled by on-chain monitoring resource ChartsBTC on Nov. 23 shows that versus its two previous halvings, Bitcoin in 2020 is right on track to deliver major price gains. Bitcoin price up 2.2X since May Using figures from Coin Metrics and statistician Clark Moody, ChartsBTC’s Halving Index compares Bitcoin’s progress since May’s halving with the six months after the 2012 and 2016 events. The results show that in terms of…
Куда пошли деньги после выборов США. Обновление Ethereum 2.0. Прогноз по рынку | ИндексБар #28
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Прогноз по рынку от Goldman Sachs и новая ставка от Билла Акмана. Первые испытания Hyperloop. Обновление криптовалюты Ethereum 2.0. Инвестировать в Chime Шоу ИндексБар — взгляд на финансы из-за барной стойки. Каждый четверг три парня с суммарным опытом в финансах более 20 лет собираются в баре — обсудить новости рынка, посмеяться, порассуждать и заработать. Иногда в гости заглядывают их умные друзья. Кто в баре: Георгий Юрьев, он же Гоша. Сертифицированный аналитик (CFA level 1), финансовый гений и просто хороший парень, который любит…
Boring Way to Unlock $15 Billion
Despite the significant yields available in DeFi, many institutional and mainstream retail investors are hesitant to enter, due to the risks factors associated with DeFi. Ether.Insure is here to change the situation. On 23rd of November, Coinspeaker interviewed Allan Henderson, Co-Founder of Ether.Insure, on his views about where the entire DeFi space is headed. With Bitcoin coming close to its previous all-time high, how has this impacted the DeFi space? Positive price movements breed positive sentiment and consumer confidence. So overall its great for the entire space. Although the spotlight…
Paypal CEO Schulman Say He’s Bullish on Bitcoin as a Currency
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Original
Who Will Bring Change to Crypto Industry?
The world of crypto is increasingly moving towards a larger intersection between the traditional world of finance and that of cryptocurrency. The crypto industry is gaining momentum again with Bitcoin soaring to new heights. It will likely touch the figures as high as that from the bull run of 2017-2018. With all eyes of the financial world in the crypto market again, we will see intense competition among companies. At the end, we will see a few players emerge out as winners. The battleground is set and is beaming with…