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“Facebook will announce they hold Bitcoin on their books when they release their quarterly results after trading closes tomorrow”, according to popular crypto investor Alistair Milne, CIO of Altana Digital Currency Fund. If this rumor is in fact true then this is major news for not only BTC but the entire cryptocurrency market.
In other trending Bitcoin News today, BTC price breaks $55K as fund manager Dan Tapiero ‘still sees $100K’ in 2021.
“A very rare td buy signal in bitcoin. Last one came right at the March ’20 low. Still see 100k this yr. Overwhelmed with calls of panic last few days over what is unchanged price action…ie still at 50k. Hodl is the only way to be long without emotion.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
RUMOUR: Facebook will annouce they hold #Bitcoin on their books when they release their quarterly results after trading closes tomorrow
— Alistair Milne (@alistairmilne) April 27, 2021
A very rare td buy signal in #bitcoin.Last one came right at the March ’20 low.Still see 100k this yr.
Overwhelmed with calls of panic last few days over what is unchanged price action…ie still at 50k.#Hodl is the only way to be long without emotion.
H/T JB on the chart pic.twitter.com/mx9MSmfsRe
— Dan Tapiero (@DTAPCAP) April 27, 2021
https://cointelegraph.com/news/i-have-not-sold-any-of-my-bitcoin-elon-musk
https://cointelegraph.com/news/bitcoin-price-nears-55k-as-fund-manager-still-sees-100k-in-2021
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PayPal Expands Cryptocurrency Services for Business Accounts
PayPal has announced a significant update for its business account holders in the U.S., enabling them to buy, hold, and sell cryptocurrencies directly from their PayPal business accounts. This expansion aims to provide businesses with the same cryptocurrency capabilities that have been available to individual consumers since 2020. Business owners can now engage with digital currencies, enhancing their payment flexibility.
Additionally, PayPal business accounts can transfer supported cryptocurrencies to external blockchain addresses. However, this feature is currently not available in New York State.
This move is part of PayPal’s broader strategy to increase the utility of cryptocurrencies for its users. In previous years, PayPal introduced features such as the ability to buy, hold, and sell digital currencies for personal accounts, and even launched a U.S. dollar-backed stablecoin called PayPal USD (PYUSD). The company has been steadily expanding its crypto services, aiming to integrate digital assets into mainstream business operations and offer a wider array of financial tools to its users.
With this update, PayPal aims to meet the growing demand from business owners to incorporate cryptocurrency into their financial strategies, providing them with a seamless way to transact and manage digital assets.
This development marks a pivotal moment for PayPal’s role in the adoption of cryptocurrencies in everyday business activities, potentially paving the way for broader acceptance of digital currencies in commercial transactions.
