11-26-2020, 11:31 AM
PayPal and Square buy a lot of Bitcoin
<!-- SC_OFF --><div class="md"><p>The introduction of cryptocurrency services from PayPal and Square is proving to be very fruitful. </p> <p>Both fintech companies are fueling demand for Bitcoin after opening up to millions of users to trade. </p> <p>In fact, both companies have bought as much BTC as was mined, with PayPal clients buying about 70% of the new supply. <em>(This snippet is taken from the CoinGecko daily newsletter)</em></p> <p><a href="https://www.cnbc.com/2020/11/24/square-and-paypal-emerge-as-whales-in-the-crypto-market-.html">https://www.cnbc.com/2020/11/24/square-and-paypal-emerge-as-whales-in-the-crypto-market-.html</a></p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>The introduction of cryptocurrency services from PayPal and Square is proving to be very fruitful. </p> <p>Both fintech companies are fueling demand for Bitcoin after opening up to millions of users to trade. </p> <p>In fact, both companies have bought as much BTC as was mined, with PayPal clients buying about 70% of the new supply. <em>(This snippet is taken from the CoinGecko daily newsletter)</em></p> <p><a href="https://www.cnbc.com/2020/11/24/square-and-paypal-emerge-as-whales-in-the-crypto-market-.html">https://www.cnbc.com/2020/11/24/square-and-paypal-emerge-as-whales-in-the-crypto-market-.html</a></p> </div><!-- SC_ON --> Kind Regards R