The $BTC price has stumbled despite the massive PayPal news
at $28,873 on the Bitstamp exchange in spite of the substantial news from PayPal about its further foray into the cryptocurrency arena., the global payments leader has further ventured into the cryptocurrency arena by launching its own stablecoin, known as PayPal USD . This represents a critical move in PayPal's increasing commitment to cryptocurrencies, marking the most significant action since it initially joined the digital currency space in late 2020.
. There has been a marked uptick in the acquisition of Bitcoin by long-term investors, who now hold roughly 75% of the total Bitcoin supply. Bitcoin, a cryptocurrency known for its extreme price swings, is currently witnessing , according to the latest analysis from blockchain analytics firm Glassnode. The firm says that under 5% of trading days currently present a tighter trading range, signifying an unusually low volatility period in the Bitcoin market.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD – Bitcoin NewsPaypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm.
Les mer »
PayPal will launch its own stablecoinPayPal Holdings Inc. is launching a U.S. dollar-denominated stablecoin, the company announced Monday. The PayPal USD stablecoin (PYUSD) will be redeemable...
Les mer »
PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on EthereumJUST IN: Global payments giant PayPal is launching its own dollar-pegged stablecoin. By shauryamalwa
Les mer »
Breaking: PayPal Launches Its Own StablecoinPayPal, the renowned global payments leader, has launched its own digital stablecoin, PayPal USD (PYUSD), stepping up its involvement in the cryptocurrency market
Les mer »
PayPal launches stablecoin on Ethereum, citing 'shift toward digital currencies'Silicon Valley-based payments firm PayPal announced it is launching a U.S. dollar stablecoin in conjunction with Paxos.
Les mer »
PayPal launches first dollar-backed stablecoin from a major U.S. financial institutionPayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services.
Les mer »