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Bitcoin Rally Triggered By PayPal, Square Buying Spree

PYMNTS

PayPal and Square’s Cash App digital currency buying spree has reportedly triggered a bitcoin rally, according to a Benzinga report on Monday (Nov. itBit is run by Paxos, which is PayPal partner. . itBit is run by Paxos, which is PayPal partner. . When PayPal went live, volume started exploding.

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PayPal Processes $8.5 Billion In 2017 Donations

PYMNTS

More than $1 billion was donated to charities and nonprofits via the PayPal platform over the holidays, marking a milestone for the company, PayPal announced in a blog post. GivingTuesday and PayPal’s holiday campaign, which ran from Nov. Web users could have also given money via PayPal through the All Hands website.

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PayPal Working Capital Steps Into Germany

PYMNTS

PayPal is broadening its small business financing offering into the German market, a press release announced on Wednesday (Nov. PayPal Working Capital will launch in Germany as PayPal Businesskredit, offering small and medium-sized businesses access to working capital financing that is deposited directly into their PayPal accounts.

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Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

PYMNTS

Bitcoin continued its price climb today (Nov. At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as the coin approaches its record price of $19,783, which it hit in December of 2017. Square and PayPal have reportedly been a major instigator in the price rally, buying large quantities of the digital currency.

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Bitcoin Daily: Bitcoin Crests $19,800; Russian Bank To Launch Sbercoin Crypto In 2021

PYMNTS

Bitcoin saw a new all-time record high on Monday (Nov. The high price point beat its previous record high, set in 2017, CNBC reported. In other news, Gutemberg Dos Santos was extradited from Panama to the United States on Nov. 30), rising above $19,800 in the morning and resting at 19,633.264 at 7:32 p.m. Eastern Time.

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. Source: PYMNTS.com longitudinal study of over 40,000 consumers since March (data from the most recent panel on Nov. Source: PYMNTS.com survey of 2,683 consumers conducted between Nov. Take PayPal, for example.

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Bitcoin Daily: Bitcoin Climbs Above $18K; Liquid Reports Hack On Infrastructure; ASIC Charges Promoter In BitConnect Crypto Scheme

PYMNTS

Bitcoin has continued to rise, hitting $18,172 Wednesday morning (Nov. 18), the first time the cryptocurrency has climbed above $18,000 since December 2017, CNBC reported. PayPal , for instance, added capability last week for all users to buy, sell and hold cryptocurrency in its app. It fell slightly, hitting 17,542.52

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