Saturday, November 16, 2024
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Buying With Bitcoin? PayPal Fine Print Reveals Swap To Fiat

Today, news broke that PayPal is ready to launch cryptocurrency payments to merchants, allowing its massive userbase of millions to pay with Bitcoin and the other altcoins has offered since the middle of last year. However, like all things related to centralized platforms getting involved in cryptocurrencies, there’s a catch. PayPal To

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Morgan Stanley Is Reportedly Interested in Buying Stake in Bithumb

The growing demand for digital currency products from institutional investors is rising, and major US banks including Morgan Stanley hope to catch the train on time.New York-based multinational investment bank and financial services company Morgan Stanley (NYSE: MS) is reportedly interested in acquiring shares in the South Korean cryptocurrency exchange

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Retail traders buying more Bitcoin than institutions: JPMorgan

According to research by strategists at leading U.S investment bank, JPMorgan Chase, retail traders are flocking to buy Bitcoin from mainstream fintech firms.JPMorgan’s data suggests that retail investors have purchased more than 187,000 Bitcoin this quarter using PayPal and Square. Retail investors are even out-buying institutions, with JPMorgan’s analysts estimating

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‘Sustained institutional buying’ will hold Bitcoin above $50K: CrossTower

In a report shared with Cryptox, institutional crypto trading platform CrossTower asserts that large investors will not let Bitcoin (BTC) fall back below $50,000.According to the report, addresses holding over 1,000 BTC rose to record highs in January on the heels of sizable retracements — evidencing strong dip-buying from whales despite the

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