- Paypal and Square have been grabbing 100% of newly mined BTC, according to the crypto hedge fund Panera Capital.
- Bitcoin’s price rally might be caused due to more investment from Paypal, Square and Robinhood, the firm said.
- Paypal has already bought 70% of newly issued Bitcoin, while Square is estimated to be buying about 40%.
Last day on Twitter, this video came up in-front of all the viewers.
In this video, you can find the CEO of Paypal telling the public about the roadmap which the Company is planning from next year. It seems that the users will be able to use Cryptocurrency as a funding source for all their transactions via Paypal.
We all expect that this level of public exposure and a huge investor base, Bitcoin and other digital currencies will suddenly get a positive regulation across the world.
Check out other articles here on Bitcoin and Blockchain also.