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Bitcoin Shortage is Real; PayPal & Cash App Buying More Than 100% of All Newly-Issued BTC

Ever since the Bitcoin halving on May 11, a mere 900 BTC have been generated every day, half of what has been mined before that day. At the time, BTC price was around $8,500, and legendary investor Paul Tudor Jones had just come out with his Bitcoin bull thesis calling it the fastest horse as […] The post Bitcoin Shortage is Real; PayPal & Cash App Buying More Than 100% of All Newly-Issued BTC first appeared on BitcoinExchangeGuide. дальше »

2020-11-23 19:39


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PayPal purchased 70% of all newly-mined BTC over the past month

Payments giant PayPal bought up to 70% of all newly-mined BTC over the past month since it started offering crypto services on October 21 this year. Pantera Capital, a hedge fund manager, unveiled this news in its most-recent monthly blockchain letter, adding that combined with Square’s Cash App, the two firms are purchasing more than 100% of all newly-issued BTC. дальше »

2020-11-24 14:55