PayPal Allows Users To Transfer Crypto; Bitcoin Up 5%, Ethereum Rises 4%

Please fol­low and like us:
Pin Share

Amer­i­can finan­cial tech­nol­o­gy ser­vice provider Pay­Pal, which was co-found­ed by Elon Musk in 1999 and sub­se­quent­ly sold to Ebay.com, today announced that it will now enable users to trans­fer cryp­to from their account to oth­er wal­lets and exchanges.

Pay­Pal already allows users to pur­chase cryp­to on its plat­form and this new fea­ture will allow it to trans­fer cryp­tos to oth­er users’ Pay­Pal wal­lets or their own exter­nal hard­ware-based wal­lets. But the net­work fees for exter­nal wal­let trans­fers will be borne by cus­tomers with the inter­nal Pay­Pal wal­let to wal­let trans­fer being free for now, report­ed Techcrunch.

Cryptocurrency Prices

The glob­al cryp­to mar­ket cap­i­tal­i­sa­tion went up by 4.41 per cent to $1.26 tril­lion as of 8.50 am. The glob­al cryp­to vol­ume was up by 3.49 per cent to $84.24 bil­lion as per Coin­mar­ket­cap data.

“Ether and oth­er major alt­coins are fol­low­ing a sim­i­lar pat­tern. The mar­kets are con­tin­u­ing the down­ward trend over the long-term,” says Gau­rav Dahake, CEO and founder, Bitbns.

 Bit­coin (BTC), the world’s old­est cryp­tocur­ren­cy, was trad­ing at $31,010.77, high­er by 5.36 per cent in the last 24 hours. Ethereum (ETH) was up by 4.29 per cent to $1,825.11. 

Among oth­er sig­nif­i­cant coins, Car­dano (ADA) was up by 9.55 per cent at $0.6445; Algo­rand (ALGO) was trad­ing with a gain of 9.12 per cent at $0.4184, Solana (SOL) was trad­ing with a gain of 1.27 per cent at $39.95, Polka­dot (DOT) was up by 2.29 per cent at $9.25, and Binance Coin (BNB) was up by 1.14 per cent at $289.60.

Today’s top gain­er was Revolot­to (RVL), which was up by 719.45 per cent at $0.08751. The top los­er was Meta­cy­ber (METAC), which was down by 100 per cent at $0.00000000000000000001. 

Meme Coin And DeFi Prices

Doge­coin (DOGE) was up by 2.11 per cent at $0.08105. Its vol­ume to mar­ket cap ratio stands at 0.03791. Rival Shi­ba Inu (SHIB) was up by 2 per cent at $0.00001075.

Dogelon Mars (ELON) gained 1.45 per cent to trade at $0.0000004374, Samoyed Coin (SAMO) gained 5.59 per cent at $0.005939, and Flo­ki Inu (FLOKI) lost 0.42 per cent at $0.000008296.


In the DeFi seg­ment, YFI (yearn.finance) was up by 6.51 per cent at $7,677.40, and Ter­ra Clas­sic (LUNC) was trad­ing with a loss of 16.95 per cent at $0.00006117. Avalanche (AVAX) was up by 2.29 per cent at $24.55, Uniswap (UNI) was trad­ing with a gain of 3.41 per cent at $5.21, and Aave (AAVE) rose by 0.01 per cent at $99.67.



Source link

Please fol­low and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *