Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
PayPal
PayPal to Launch Cryptocurrency Payment Services in 2021
PayPal is set to allow users to make transactions using cryptocurrencies, according to multiple reports today. According to a press release on Reuters, users will be able to use cryptocurrencies starting in early 2021. PayPal believes that the new service would encourage the global use of virtual currencies. Also, it hopes to prepare its payment network for the new CBDCs that will be issued by central banks globally. US account holders will be the first to experience this new service…
5 years ago
Tether Payments Now Available on PornHub
On the 22nd January 2020, Pornhub announced the addition of two new payment options. USDT is one of the options added, a cryptocurrency stablecoin, and is the sixth-largest market cap. Paypal halted supporting Pornhub two months ago due to issues concerning regulatory compliance. In return, cutting off the Paypal payroll of the models and actors on its website. Some time ago, nations banned banking services in facilitating porn websites to stop human and drug trafficking. Nevertheless, the industry continues to…
5 years ago
WMA: Bitcoin price drops below $8000 and Libra loses the backing from VISA and PayPal
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $217 billion. Bitcoin’s price drops below $8,000 Ethereum price fails to reach the $180 threshold. Ripple still struggles to overcome the $0.30 hurdle. Facebook's Libra loses support from Visa, MasterCard, and PayPal. Crypto Trends 13-20th of October 2019: Performance & Analysis The third week of October 2019 has seen the crypto market continue its…
6 years ago