PayPal increases crypto purchase limits to $100K

Payment provider company PayPal now allows U.S.-based users to purchase up to $100,000 in crypto weekly.
In a Thursday announcement, PayPal said it had increased the crypto purchase limit for certain customers based in the United States from $20,000 to $100,000 per week.

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Strike to offer ‘no fee’ Bitcoin trading, taking aim at Coinbase and Square

Payments platform Strike has announced that it will allow U.S. customers to buy and sell Bitcoin with almost no trading fees from today.
In an announcement on July 1, Strike founder and CEO Jack Mallers launched a salvo at leading U.S.

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Blockchain Capital secures $300M funding from PayPal, Visa

PayPal and Visa are among several major investors to have participated in a $300 million funding for Blockchain Capital.
In a release issued on Tuesday, Blockchain Capital announced that the close of its Blockchain Capital V LP.

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Bitcoin may lose $30K price level if stocks tank, analysts warn

The ghost of stock market crash is back again to haunt Bitcoin (BTC).
It happened last in March 2020. Back then, the prospect of the fast-spreading coronavirus pandemic led to lockdowns across developed and emerging economies.

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PayPal, Salesforce contribute to TRM Labs’ $14M investment round

Blockchain intelligence platform TRM Labs has secured $14 million in Series A funding from venture funds across the crypto and technology sectors, sending a strong signal that major investors are backing digital-asset projects with ever-growing conviction.

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Former PayPal Leads Launch Cross-Border Payment Network to Rival SWIFT – BeInCrypto

A pair of former leads in tech at PayPal, Jim Nguyen, and Nas Kavian, have released a fintech infrastructure platform named Six Clovers. The Platform is aimed at offering better integration and enabling real-time payments.

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