Holzminden 37603, Deutschland

PayPal | Bitcoin officially freaks out PayPal

Geld verdienen im Internet

PayPal | Bitcoin officially freaks out PayPal

Since PayPal announced the inclusion of BTC in its platform, the market capitalization of the asset has exceeded that of PayP itself. Ironic?

Bitcoin officially freaks out PayPal

Bitcoin officially freaks out PayPal

At the time of publication, BTC has a market capitalization of nearly $240 billion, recently surpassing PayPal on AssetDash’s list of largest stocks, ETFs and crypto-assets. Bitcoin now holds 21st place on the list, with PayPal just below at just over $238.5 billion

Whenever a company, asset, or otherwise overtakes a rival in valuation, crypto-space loosely refers to the event as “flipping”. In 2017, a number of people speculated about a possible “flipping” of the Ethereum (ETH), in which the market capitalization of ETH would rise higher than that of BTC. As of the editorial deadline, no crypto-asset has ever flipped the market capitalization of BTC.

On October 21, PayPal confirmed rumors that PayPal plans to add Bitcoin, Ethereum, Bitcoin Cash (BCH) and Litecoin (LTC) to its list of payment options in 2021. When used for transactions, the assets are automatically converted into cash in the back-end for merchant recipients.

After the news, the BTC experienced an outstanding price development, which apparently acted as a catalyst to drive the price of the assets even higher after a series of bull market days. In the past 48 hours, the price of BTC has skyrocketed by more than $1,000.

Quelle: https://news.iobanker.com

Haftungsausschluss: Die bei Special4You.Marketing geäußerten Meinungen sind keine Anlageberatung. Anleger sollten ihre Due-Diligence-Prüfung durchführen, bevor sie risikoreiche Investitionen in Bitcoin, Kryptowährung oder digitale Vermögenswerte tätigen. Bitte beachten Sie, dass Ihre Transfers und Trades auf eigenes Risiko erfolgen. Für eventuelle Verluste sind Sie verantwortlich. Special4You.Marketing empfiehlt weder den Kauf oder Verkauf von Kryptowährungen oder digitalen Vermögenswerten noch ist Special4You.Marketing ein Anlageberater. Bitte beachten Sie, dass Special4You.Marketing am Affiliate-Marketing teilnimmt.
Latest posts by Florian - HIClub (see all)


Leave a Reply

Your email address will not be published. Required fields are marked *