PayPal has recently announced that it will be keeping all seller’s fees when processing a refund going forward. Could such a self-serving policy drive online merchants towards alternate payment networks, such as Bitcoin and other cryptocurrency? In addition to the seller fee adjustments, PayPal has also announced that it will be altering how it handles…
Bitcoin is stuck near $60,000. Some analysts think the cryptocurrency would break the level to the upside and establish a new record high. Meanwhile, a section believes that the price would crash back towards $50,000. Amid the conflicting scenarios, Dr. Jeff Ross, the founder/CEO of Vailshire Capital Management ̦— a Colorado-based hedge fund, believes the…
Crypto exchange giant Coinbase usually blows its own trumpet when a new option is available on its trading platform. This has not been the case however with the recent addition of PayPal as an option to withdraw fiat for a small number of its customers. There has been no official announcement however the company FAQ…
New rumors circulating the web suggest that payments processing giant PayPal and subsidiary Venmo are making a major play in crypto.What are the two powerhouses planning and how might it impact the crypto market in the future?PayPal and Venmo To Begin Selling Bitcoin, Launch Crypto WalletIf you can’t beat ’em, join ’em, goes the saying.…
A new Deloitte survey titled “Merchants getting ready for crypto” contains extremely bullish news. It clearly shows that businesses of all sizes are getting ready for all kinds of crypto payments. And the vast majority believe that they will become ubiquitous in the next few years. Merchants, they are just like us. Deloitte produced the…
Earlier this week, popular American payment giant Paypal unveiled the launch of its USD-pegged PYUSD stablecoins to investors. In response, Democrat congresswoman Maxine Waters has raised palpable concerns that may or may not threaten the stablecoin’s operations. Waters Raises Regulatory Concerns Reacting to the news of Paypal’s PYUSD stablecoin launch, congresswoman Maxine Waters noted that…
Tron has been making headlines after bouncing strongly from its recent low. On September 6, the token slipped to fresh cycle lows, raising concerns among traders. However, since then, Tron has staged an impressive comeback, climbing more than 18% and now testing local resistance levels. This rebound signals renewed strength in the network and growing…
Paypal’s Ethereum-based stablecoin PYUSD has failed to capture crypto investors’ interest. According to data from Nansen, 90% of the stablecoin’s total supply still remains with its issuer Paxos’ wallet. Paypal’s PYUSD Adoption Setback The payment giant Paypal’s recently launched stablecoin PYUSD continues to struggle with adoption and has failed to gain traction since its official…
Most of the angst against the crypto industry this year has been instigated by one company. The major economies of the world have collectively given the bird to Facebook and its plans on crypto domination through its own centralized digital coin. The social media giant is now scrambling to launch an alternative payments platform. Facebook…
Wow. Within the span of an hour or two, reports have revealed that Facebook’s crypto project, Libra, suffered some heavy blows. It first started on Friday morning, with the Financial Times revealing that both eBay, the e-commerce/online marketplace giant, and Stripe, a fintech giant, have dropped out of the Libra Association. Speaking to the outlet,…