$109,810.00
-0.15%$2,762.93
4.81%$2.30
-0.62%$669.34
0.33%$163.53
2.73%$0.999778
0.00%$0.19476
0.69%$0.290683
0.91%$0.709257
1.61%$2,765.47
5.05%$109,726.00
-0.35%$41.43
8.17%$3,330.34
4.88%$3.46
0.51%$15.25
6.72%$22.23
2.33%$441.67
3.90%$0.280829
3.00%$8.85
-3.21%$3.31
0.23%$0.00001322
2.18%$0.180438
1.38%$2,766.22
4.77%$0.999614
-0.02%$2,958.51
5.03%$92.44
2.91%$4.26
3.03%$339.76
2.73%$1.00
0.21%$1.001
0.03%$4.79
1.62%$0.00001285
3.40%$8.35
23.43%$109,731.00
-0.25%$0.643044
1.18%$308.16
12.05%$31.34
-1.30%$418.91
-0.70%$1.18
0.08%$6.10
1.77%$2.63
4.09%$5.08
3.17%$52.96
0.09%$0.100668
0.49%$1.00
0.00%$18.37
4.11%$0.885353
2.03%$197.57
2.70%$1.055
0.03%$31.04
-1.19%$0.08989
0.11%$0.67643
2.93%$0.02589341
3.61%$18.27
-0.47%$0.361052
6.74%$1.00
0.07%$10.89
0.50%$4.10
1.17%$0.815266
2.23%$4.60
3.90%$0.225557
4.30%$0.403959
11.20%$4.43
0.58%$0.08816
9.80%$1.16
0.37%$2.71
5.70%$122.36
-1.23%$0.206007
4.14%$2,761.85
4.88%$4.59
1.38%$0.996706
-0.18%$1.60
13.30%$1.00
-0.02%$2.18
3.51%$0.490132
1.97%$0.999459
0.06%$173.08
3.55%$11.37
0.34%$0.00001757
1.19%$13.89
-0.21%$2.07
5.13%$1.31
9.79%$3,152.52
5.13%$2,898.36
5.22%$0.399187
1.03%$1.25
-0.09%$0.01844762
-0.14%$0.704101
8.72%$109,475.00
-0.05%$4.12
-0.62%$0.205978
4.88%$0.707388
1.40%$0.065603
7.42%$0.999952
-0.04%$2,946.66
4.78%$0.548427
2.59%$1.009
-1.38%$0.998888
0.08%$109,191.00
-0.50%$2,902.23
5.07%$0.721372
4.78%$0.999471
-0.03%$0.101216
4.59%$0.595275
-0.18%$2,901.18
4.65%$0.00009405
4.12%$669.29
0.59%$110,045.00
0.02%$110,600.00
0.52%$0.951648
10.62%$182.19
2.73%$52.12
3.69%$2.60
6.93%$0.14102
6.23%$3,323.28
-0.29%$0.81662
2.85%$3,337.92
-0.27%$212.57
2.65%$0.01766983
3.10%$23.32
7.46%$0.01229845
11.94%$0.195514
3.50%$0.01538417
5.09%$0.129121
4.06%$0.297941
3.89%$0.536919
0.48%$2.14
10.30%$4.40
1.88%$2.45
-2.05%$0.00000072
0.14%$1.11
0.03%$111.38
0.01%$34.79
2.18%$0.999384
-0.06%$0.662156
2.52%$0.618903
4.90%$0.395098
4.63%$0.997422
-0.00%$2.01
-0.06%$2,763.86
4.86%$1.75
1.12%$108,359.00
-0.95%$0.229666
-0.26%$41.31
7.94%$1.096
-0.06%$0.732958
1.41%$2.02
-3.53%$0.058555
7.51%$2,910.22
6.53%$2,760.65
4.70%$0.999936
0.05%$2,941.37
4.54%$0.300419
3.56%$2.98
-0.62%$2,983.01
4.65%$59.90
26.03%$9.34
4.21%$109,622.00
-0.64%$1.30
-5.84%$0.01538682
-1.99%$109,421.00
-0.64%$0.429257
12.42%$2,771.18
4.96%$0.505772
-9.60%$0.47002
11.53%$0.194484
0.20%$0.999519
0.10%$0.146716
4.41%$0.59096
8.64%$0.453869
0.15%$1.60
2.08%$0.512259
52.78%$0.600128
7.48%$7.22
6.96%$0.00466776
-0.16%$41.32
8.14%$16.02
3.22%$0.00002277
2.35%$6.40
2.11%$0.0496422
-0.91%$1.57
5.17%$1.34
5.38%$2,761.18
4.94%$1.00
-0.02%$0.085982
-0.10%$0.060955
-1.32%$106,079.00
-0.53%$0.999782
-0.00%$0.598074
0.90%$0.00000043
1.10%$0.00740148
2.16%$0.00000109
5.30%$2.63
4.10%$1.76
-0.95%$0.16574
4.31%$0.1685
2.66%$2,940.46
5.07%$1.098
0.84%$37.28
1.17%$0.993214
-0.67%$0.00433838
0.55%$0.999754
-0.02%$0.401082
-1.86%$1.44
7.23%$0.04014204
2.21%$0.01982509
1.36%$3,049.02
4.87%$0.380882
3.25%$0.577495
2.66%$1.00
-0.28%$3,023.66
4.93%$0.078409
2.40%$2,765.34
4.84%$0.00681669
2.54%$109,731.00
-0.21%$109,294.00
-0.43%$0.835541
3.24%$0.03492642
2.31%$128.98
4.54%$177.60
2.55%$0.0040331
0.69%$0.00006203
1.25%$22.19
1.71%$0.225053
4.01%$8.16
4.16%$2,765.75
5.01%$0.733031
1.28%$19.98
1.25%$0.00400148
-8.10%$0.696995
2.03%$0.999622
-0.01%$0.224713
6.13%$0.999149
-0.23%$0.0044997
0.95%$0.00346082
1.64%$0.01990126
10.99%$2.53
1.96%$0.99993
0.02%$0.123984
-0.00%$0.306705
-0.42%$0.500729
2.46%$0.00000145
-0.54%$26.78
1.63%$0.289278
-0.69%$109,573.00
-0.02%$17.36
4.18%$1.008
0.20%$3.08
10.91%Reading
PayPal CEO Dan Schulman said he is "very bullish" on all kinds of cryptocurrencies today, during a Web Summit event today.
PayPal has generated some of the biggest headlines in the crypto space this year. On November 12, 2020, the payments giant announced that all US users would be able to start trading Bitcoin on the platform. Not even one month later, and a Mizuho Securities survey showed that almost one in five PayPal users were already buying Bitcoin on the PayPal app. And Schulman is confident that the company is on the right track.
"I think that if you can create a financial system, a new and modern technology that is faster, that is less expensive, more efficient, that's good for bringing more people into the system, for inclusion, to help drive down costs, to help drive financial health for so many people," Schulman said, adding, "Over the long run, I'm very bullish on digital currencies of all kinds."
What's more, Schulman suggested that the COVID-19 pandemic has acted as a catalyst for digital currencies and cashless payments, saying the timeframe for these trends has moved forward from three to five years, to five to six months.
Larry Fink, CEO of asset management firm BlackRock, said in a speech at the nonprofit body Council of Foreign Relations earlier this week that Bitcoin had “caught the attention and imagination of many people” and was poised to grow as an asset class. The comments came as Bitcoin broke just above its all-time high price of nearly $19,800 on several crypto exchanges yesterday, before tumbling down to under $19,000. It has since crawled back over the line but has lost some momentum. Fink noted th...
But this is not the first time Schulman has sung the praises of cashless payments. During an interview with CNBC on November 23, Schulman referenced digital currency, anticipating the eventual disappearance of paper money.
"As paper money slowly dissipates and disappears from how people are using transactions, central banks especially on the retail side will need to replace paper money with forms of digital fiat currency," says @PayPal CEO Dan Schulman. pic.twitter.com/pLuvc2RxPY
— Squawk Box (@SquawkCNBC) November 23, 2020
During that same interview, Schulman addressed the promise he saw in cryptocurrencies, saying, "When you start to move crypto as a potential funding instrument, I think that bolsters its utility, and stabilises it as well. It becomes less volatile because it can be used everyday, in your purchases."
Schulman has previously alluded to crypto payments on PayPal being launched globally next year, rather than simply within the US. If so, 2021 has much to offer.
Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum. The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter." "Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team." "I leave Aptos Labs with the utmost confidence in the team," he continued, "a...
Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. "While I can't provide a de...
