PayPal CEO: Our platform will ‘significantly bolster the utility of cryptocurrencies’

PayPal’s new crypto services will streamline business adoption of digital assets, says CEO Dan Schulman. PayPal’s chief executive believes cryptocurrencies are on the verge of mainstream adoption as more businesses and consumers flock to “digital payments and digital forms of currency.”  In an interview with CNBC, PayPal CEO Dan Schulman said the COVID-19 pandemic has […]

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Bitcoin price dips below $18K — Time to watch these ‘whale cluster’ support zones

Bitcoin price has lost the $18,000 support level but several whale clusters below suggest that the dip will get aggressively bought up. Bitcoin (BTC) price dropped below the $18,000 support level on Nov. 22. This comes after BTC continuously saw high over-the-counter (OTC) and institutional volume throughout November. BTC/USD 1-hour chart. Source: Tradingview Data suggests […]

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The long arm of justice: How far can the DoJ really go in prosecuting foreign actors?

DoJ is now determined to hold the crypto industry to cross-border enforcement standards that have long applied to other sectors of finance. In early October, the U.S. Department of Justice revealed its Cryptocurrency Enforcement Framework, a report laying bare the government’s vision for emerging threats and enforcement strategies in the cryptocurrency space. The document is […]

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