Positive Vibes for PayPal — February 4

Chart of the Day

The bulls are back. Since the start of February, BTC has gained nearly 15% and is now on its way to test the $40k resistance (possibly even the all-time high, if we are being optimistic). Indicators concur, evidenced in the bullish cross on the MACD indicator; the 14-day RSI remains in neutral territory.

Talk of the Town

Positive vibes for PayPal. The payment giant, which rolled out crypto buying and selling services in November last year, revealed that it has gained 16 million new active accounts with total payment volume amounting to $277 billion — in Q4 alone. According to the company, crypto services entice customers to come back for more. Talking about forces that propel mass adoption, VISA announced on Wednesday that it is piloting a suite of APIs, which will allow banks to offer bitcoin services.