Bitcoin prices surge after Paypal jumps into the cryptocurrency business

The online payments company declared adding crypto was a significant milestone on the path to mainstream adoption of cryptocurrencies such as bitcoin. Bitcoin investors agreed: Prices rose 5% on the news Wednesday.

The efficiency, speed and resilience of cryptocurrencies give people financial inclusion and access advantages, said PayPal President and CEO Dan Schulman, who described the eventual shift from physical to digital currencies as “inevitable.”

Cryptocurrency is digital money exchanged…

Source link

About bitcoin

Check Also

Is This The Real Reason Bitcoin Has Suddenly Soared Toward Its All-Time Highs?

Bitcoin is back in the limelight after almost three years out in the cold, brushing …

Leave a Reply

Your email address will not be published. Required fields are marked *