EBay Ads Tell World It Will (Finally) Accept ‘Virtual Currency’

Cryptocurrency users were celebrating fresh rumors about a major adoption push this week after hints suggested eBay might accept Bitcoin and altcoins. eBay: ‘Virtual Currency Is Happening’ According to photographs of marketing material from the ongoing Consensus 2019 conference in New York, eBay, which has 180 million users, is actively pursuing crypto payments. One of […]

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‘Facebook Coin’ Will Be More Like Bitcoin Than Starbucks Rewards, Says Analyst

Speculations about the purpose of Facebook’s planned digital coin are getting wilder. Ignoring key features like independence and decentralization, one analyst predicts that ‘Facebook Coin’ would look more like Bitcoin or Ethereum than your Starbucks reward points. Facebook Coin Might Encourage Viewing Ads With growing interest, many are trying to envision Facebook’s planned ‘FaceCoin.’ Lacking […]

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PayPal Says It’s a ‘Little Early’ To Embrace Bitcoin (With Its 125,000% Gains)

PayPal CFO John Rainey says it is “too early” for the company to invest in Bitcoin – despite the fact the cryptocurrency has appreciated 125,000 percent in 7 years. PayPal: We Love Blockchain Speaking in an interview with Yahoo! Finance this week, John Rainey said that the merchant experience of accepting Bitcoin payments was suboptimal […]

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Bitcoin is Now Moving 11% Of Venmo’s Yearly Total in One Day

Bitcoin scaling solutions may be getting huge publicity in 2019, but the amount of money the network processes daily could already cause headaches for competitors. Bitcoin Usage Tramples Venmo As Morgan Creek Digital co-founder Anthony Pompliano noted on social media April 17, Bitcoin’s ‘on-chain’ transaction volumes grew to $7 billion per day earlier this week. […]

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Analyst: ‘Bitcoin Poses Existential Threat To Visa, Mastercard, and Paypal’

Investors should not ignore cryptocurrencies’ threat to incumbent payment services like Visa, Mastercard, and PayPal, according to Lisa Ellis. In a note to clients, the MoffetNathanson analyst said that emerging use-cases could pose an existential crisis in the future. As Ludicrous As It May Sound “Why would I ever buy coffee with bitcoin?” asked Ellis, before […]

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3 Cryptocurrencies Decoupling From Bitcoin into 2019 (PAL, TRX, WAVES)

2018 was underwhelming compared to 2017. The bear market went into full swing and most cryptocurrencies lost over eighty percent. Bitcoin has begun decoupling from many cryptocurrencies including those having some of the biggest developments of 2018. WAVES, TRX, and PAL are three cryptocurrencies that have persevered through the bear market. These three projects exceeded […]

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PayPal CEO: Cryptocurrency ‘an Experiment’, Not Interested At This Time

Adam James · March 9, 2018 · 1:00 pm In a somewhat surprising turn of events, PayPal Holdings Inc. is rather bearish when it comes to cryptocurrency in the short term. As reported by Bloomberg, PayPal Chief Executive Officer Dan Schulman isn’t particularly confident in the future of cryptocurrency. While speaking at the Economic Club […]

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PayPal CFO: Bitcoin’s Success is Very Likely

Adam James · February 21, 2018 · 8:00 pm There’s a lot of doubt surrounding Bitcoin’s potential as a viable, real-world currency – but PayPal’s chief financial officer sees only positive things in the dominant cryptocurrency’s future. A ‘Very High Likelihood’ of Success According to John Rainey, PayPal’s chief financial officer, Bitcoin, and other cryptocurrencies will […]

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