PayPal to start letting US customers pay in Bitcoin at global merchants
Online payments giant PayPal will start to accept cryptocurrency as a medium of exchange at its millions of global merchants, the firm’s president and CEO revealed on Tuesday ahead of a formal announcement.News broke regarding PayPal’s rumored decision to accept cryptocurrencies early on March 30. Later in the day, the firm’s CEO, Dan Schulman, confirmed to Reuters that the rumors …
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CoinShares launches physically backed Litecoin ETP
European digital asset manager CoinShares continues to actively expand its physically backed cryptocurrency exchange-traded product offering with a new Litecoin (LTC) ETP.According to an announcement on Tuesday, CoinShares has launched its CoinShares Physical Litecoin.Listed under the ticker symbol LITE, each unit of the Litecoin ETP is backed with 0.2 LTC ($45) at launch, providing investors with passive exposure to the Litecoin network’s …
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Miami commissioner wants to let residents pay taxes in Bitcoin
A Miami-Dade County commissioner is backing a new resolution to allow residents to use cryptocurrencies like Bitcoin (BTC) to pay local taxes.According to a Thursday document acquired by the Miami New Times, County Commissioner Cohen Higgins has brought a resolution to Miami-Dade’s Infrastructure, Operations and Innovations Committee calling for the establishment of a 13-member crypto task force.The task force would …
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Coinbase frenzy, DOGE dazzles, Bitcoin breaks records, Jim Cramer sells
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekCoinbase gets off to a rocky start as it lists on the NasdaqIt was billed as a …
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PayPal-owned Venmo launches cryptocurrency trading
Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. Now, rival payments firm Venmo, owned by PayPal, is following suit by launching cryptocurrency trading for four major coins: Bitcoin (BTC), Ether (ETH), Litceoin (LTC) and Bitcoin Cash (BCH).Beginning on Tuesday and set to be widely available …
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More Americans have heard of Dogecoin than Ethereum: Survey
In just over five years since it launched, Ethereum introduced the world to smart contracts, decentralized finance, yield farming and non-fungible tokens, and has long stood just behind Bitcoin as the second-largest blockchain project by market capitalization.Dogecoin (DOGE) is a meme cryptocurrency which has provided no innovation, has no real raison d’etre, and is only popular because it became the plaything of …
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TA: Ethereum Closes Above 100 SMA, Here’s What It Means for ETH
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Rudolph Harmon
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May 25, 2021
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Ethereum
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Ethereum extended its upward move above the $2,550 resistance zone against the US Dollar. ETH price settled above the 100 hourly SMA and it might continue to rise. Ethereum extended its recovery wave above the $2,550 and $2,600 levels. The price is now trading above the $2,500 support and the 100 hourly simple moving average. There was a break above …
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Ethereum Faces Hurdles, Here’s What Could Trigger Strong Recovery
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Rudolph Harmon
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May 24, 2021
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Ethereum
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Ethereum extended its decline and traded close to the $1,700 zone against the US Dollar. ETH price is recovering, but it is facing a strong resistance near $2,200. Ethereum extended its decline below the $2,000 and $1,800 support levels. The price is well below the $2,500 level and the 100 hourly simple moving average. There is a major bearish trend …
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Ethereum Approaches Next Major Break, $3K Is The Key
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Rudolph Harmon
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May 21, 2021
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Ethereum
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Ethereum recovered nicely above the $2,750 resistance zone against the US Dollar. However, ETH price must clear $3,000 for a steady increase in the coming sessions. Ethereum is up over 15% and it cleared the $2,750 resistance zone. The price is still well below the $3,000 level and the 100 hourly simple moving average. There is a crucial contracting triangle …
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Ethereum Down 40% In A Week, Here’s Why ETH Could Recover
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Rudolph Harmon
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May 20, 2021
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Ethereum
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Ethereum declined heavily and it even tested the $2,000 support zone against the US Dollar. ETH price is attempting a recovery and it must clear $2,800 for a steady rise. Ethereum is down over 40% in a week and it even tested the $2,000 support zone. The price is now well below the $3,000 level and the 100 hourly simple …
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