PayPal made waves in October when the global financial technology giant made public that it would begin supporting Bitcoin alongside a number of other cryptocurrencies. Now it appears that the firm's involvement in the space may be more nuanced than first announced, statements from executives indicate.
When PayPal
In the four years since the previous U.S. presidential election, Bitcoin has appreciated by nearly 2,000%.
On November 8th, 2016, the day of the election that made Donald Trump president, Bitcoin traded at approximately $700, while today, one coin goes for $14,300 - a gain of more
Starting early October, the number of unique addresses on the Bitcoin blockchain has seen a significant surge.
Number of uniquely identifiable Bitcoin wallet users. Source: Willy Woo, Glassnode
Square's Bitcoin Purchase Sped Up Adoption
Analyst Willy Woo describes unique Bitcoin addresses with a balance above zero as “Bitcoin
Starting early October, the number of unique addresses on the Bitcoin blockchain has seen a significant surge.
Number of uniquely identifiable Bitcoin wallet users. Source: Willy Woo, Glassnode
Square's Bitcoin Purchase Sped Up Adoption
Analyst Willy Woo describes unique Bitcoin addresses with a balance above zero as “Bitcoin
PayPal made waves in October when the global financial technology giant made public that it would begin supporting Bitcoin alongside a number of other cryptocurrencies. Now it appears that the firm's involvement in the space may be more nuanced than first announced, statements from executives indicate.
When PayPal
In the four years since the previous U.S. presidential election, Bitcoin has appreciated by nearly 2,000%.
On November 8th, 2016, the day of the election that made Donald Trump president, Bitcoin traded at approximately $700, while today, one coin goes for $14,300 - a gain of more
As European Central Bank (ECB) president Christine Lagarde confirmed the institution is considering the launch of a digital euro, the ECB has launched a public survey for consumers to express their preferences with regards to a central bank-issued digital euro. The revelation comes after U.S. Federal Reserve chair Jerome
Underscoring Bitcoin's recent rally are strong on-chain trends, according to a number of analysts.
On-chain Bitcoin specialist Willy Woo noted that while BTC is still far from its $20,000 all-time high, his NVT Price metric recently set a new all-time high.
The NVT (Network Value to Transactions
As fat-finger errors go, it wasn’t that big a deal. But as an illustration of banks’ clandestine approach to Bitcoin, it was worth a million words.
In a week dominated by Bitcoin’s price surge, I was far more interested in an apparent mistake by DBS Bank. On Thursday,
Lightning Network development startup Lightning Labs is rolling out a new product: dubbed Lightning Pool, the new tool seeks to bring together node operators to trade access inbound and outbound Lightning channel capacity with each other. With the launch, Lightning Labs tackles one of the Lightning Network's major
Last week, the BTC Times reported that Bitcoin was strongly outperforming altcoins as it passed $12,000. On the day of our report, the leading cryptocurrency gained approximately 2% as the price of Ethereum fell by approximately 3%.
One theory of Bitcoin's strong performance versus altcoins is based
