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PayPal Exploring Creating Its Own Stablecoin as Crypto Business Grows
PayPal is looking into launching its own stablecoin as the company grows its crypto business. Hidden code in its iPhone app shows a potential “PayPal Coin” would be backed by the U.S. dollar. “The Hash” panel discusses Paypal’s latest crypto efforts, potentially bringing mainstream blockchain awareness.
Peter Thiel Says Bitcoin Could Be a Chinese ‘Financial Weapon’
During an appearance at a virtual roundtable yesterday, billionaire investor and self-described “bitcoin maximalist” Peter Thiel suggested that China could use bitcoin as a “financial weapon” to undermine the value of the U.S. dollar. “The Hash” panel debates whether Thiel’s comments are something the crypto space should take seriously.
MicroStrategy, que cotiza en el Nasdaq, temerosa de la inminente inflación del dólar, recurre al Bitcoin y al oro.
"Si tienes grandes valores en dólares y esperas algún tipo de retorno, eso se desvanece", dijo el director ejecutivo Michael Saylor. "El oro, la plata y el Bitcoin están mostrando fortaleza".
La toma de ganancias mantiene al Bitcoin en un rango estrecho mientras la Fed reabre el grifo
Bitcoin y Ether cayeron levemente el jueves mientras los Mercados tradicionales subieron debido a las medidas de estímulo adicionales de la Reserva Federal de Estados Unidos y el Banco de Inglaterra.
