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PayPal CEO Shulman: Consumers Moving To Digital Currency In Droves

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Schulman said it’s not a matter of if, but “when and how you'll start to see more and more central banks issue forms of digital currencies. The news comes as PayPal announced that it had jumped into the digital currency business and would now let clients purchase, keep and sell cryptocurrency straight from their PayPal accounts.

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

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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. The platform, VC Trade Lending, will support just bitcoin initially, but has plans to add Ether and XRP support.

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Sweden’s Central Bank Floats E-Krona As Digital Currency

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Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. Making payments in e-krona will be “as easy as sending a text,” Riksbank said on its website.

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Bitcoin Daily: BitPay Unveils Crypto Mass Payout Service; BOE: Stablecoins Not Fit For Wide Use

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Crypto payment services provider BitPay has unveiled a new mass payout offering, BitPay Send, which lets entities of different sizes make payments to workers, clients, affiliates, suppliers, contractors and others with digital currency, according to a Thursday (Nov. Bitcoin last exceeded the $16,000 price point on Jan.

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Bitcoin Rally Triggered By PayPal, Square Buying Spree

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PayPal and Square’s Cash App digital currency buying spree has reportedly triggered a bitcoin rally, according to a Benzinga report on Monday (Nov. Compared to 2017, Pantera calls this rally “much more sustainable,” in part due to an expanded variety of ways to buy bitcoin, like PayPal, Cash App and Robinhood, among others. .

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The 2018 Bitcoin Crash, Bit By Bit

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Long ago and far away, bitcoin enthusiasm was measured in dollars, and what a difference a year makes. Well, that’s a popularity contest, and for bitcoin, popularity reigned as evidenced by the roughly $20,000 for which the cryptocurrency changed hands, a heady rise from the less-than $800 level that marked the beginning of 2017.

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Bitcoin Daily: Some Starbucks App Users Can Now Pay In Bakkt Cash; Russia’s Central Bank Says Bill Would Ban Cryptos

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Intercontinental Exchange, the parent firm of Bakkt, had first made it known in the summer of 2018 that Starbucks was eyeing the retail use of digital currency payments. The senior engineer reportedly downloaded as well as installed scripts to make the Monero digital currency.

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