Bitcoin Mass Adoption: PayPal To Allow Crypto To Be A Funding Source For Transactions On All 28 Million Merchants

The mass adoption of crypto is definitely unfolding, and there are various moves that are fielding it and the price of BTC as well.

Last month, the crypto space exploded when PayPal announced via a press release that they are launching a new service that;’s enabling users to buy, hold and sell crypto.

It’s also worth noting that not too long ago, the press release was updated: “We are pleased to announce that all eligible PayPal account holders in the U.S. can now buy, hold and sell cryptocurrency directly with PayPal. Download the PayPal app or log in to your account to learn more.”

PayPal CEO fuels mass crypto adoption

Now, PayPal CEO made a striking announcement:

Binance’s Changpeng Zhao retweeted his bullish message:

Previous BTC bull run suggests a $160k top

Bitcoin.com notes that Bloomberg Intelligence’s senior commodity strategist Mike McGlone addressed the price of Bitcoin these days and where’s it heading to.

During the report, McGlone said that within the next 1-2 years there’s a possibility that BTC could add another zero to the tail end of the price tag.

More Bitcoin maximalists also believe BTC could reach $100k or more.

The website mentioned above notes that on Sunday, Youtuber Colin Talks Crypto tweeted some patterns of Bitcoin bull runs.

At the moment of writing this article, BTC is trading in the green, and the coin is priced at $18,650.97. 

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An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

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