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Bitcoin High and Where to Buy Cryptocurrencies

Published

4 years ago

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  • Bitcoin High

Recently on the 21st of October 2020, the Bitcoin price clocked a fresh 2020 high after PayPal announced its support for Cryptocurrencies.

As of 17:00 UTC (1:00 pm ET) on Wednesday, Bitcoin was trading at $12,833 which was a 7.2% gain in 24 hours.

According to CoinDesk’s Bitcoin Price Index, the coin jumped to 412,481 during earlier U.S trading hours to reach the highest level since July 2019, surpassing the previous 2020 high of $12,476 reached on August 18 and check BCH Price Prediction.

PayPal launched a new service enabling its customers to buy, hold, and sell Bitcoin, Ether, Litecoin, and Bitcoin Cash, directly within the PayPal digital wallet.

The move is expected to increase cryptocurrency’s utility as a funding source for digital commerce at PayPal’s 26 million merchants.

According to a tweet by Michael Novogratz, a top crypto investor, this PayPal news is the biggest Crypto News of the year and we should expect all banks to be on a race to service crypto.

  • Where to Buy Cryptocurrencies

Let’s just say Michael Novogratz tweet is not very far from the truth. PayPal is the world’s largest online Cash platform; and it is widely used by freelance platforms like Upwork and Fiverr.

With such a key financial player joining the crypto bandwagon, the future is indeed Crypto. The number of Crypto investors has multiplied over the years. More people keep learning about the new currency and are seeking to join the Crypto sphere.

Investing or trading in Bitcoin or other Cryptocurrencies can be intimidating at first. People lose their money through scams all the time. Crypto has never been simple and safety continues to be a major cause of concern for potential investors.

The following exchanges are the best for any use case; whether a beginner, an expert, or in search of altcoins. You can be sure that these crypto exchanges will cater to all your crypto needs.

  1. Coinbase and Coinbase pro

Coinbase is the most widely known fully licensed and regulated crypto exchange in the United States. It offers a solid variety of altcoin choices, has a very simple user interface, and very high liquidity. The transaction fees lie between $0.99 and $2.99 depending on the dollar value of the purchase.

Since its inception in 2012, the exchange has been able to avoid any controversies.

  1. CashApp

It is a peer-to-peer money transfer system that allows users to conveniently pay for everyday transactions. It essentially acts as a bank account and users have their CashApp debit cards. It gives users the ability to withdraw Bitcoin and has an extremely simple user interface.

The service fee varies per transaction and is determined by price volatility and market volatility.

Cash App also allows its users to invest in stocks, ETFs, and cryptocurrency in a similar fashion that Robinhood does. The mobile-first interface that this exchange uses is very easy to figure out and use, making it ideal for beginners.

  1. Zeabit

Zeabit I an exchange platform that allows quick and secure at the best rates on the market. They accept a wide variety of cryptocurrencies,

It is very easy to get started on Zeabit, you follow three simple steps that will only take you a couple of minutes. Some of the benefits it offers include Secure storage, insurance cover, Extensive support, and a portfolio with varied features.

 

  • Other Exchanges worth exploring
  • Binance
  • Bisq
  • KuCoin
  • Huobi Global
  • Bithumb
  • Upbit
  • Kraken
  • Bitfinex
  • Bitstamp
  • Coinone
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Press Release

NOWPayments Introduces New Payment Widget as a New Year Gift for Merchants

Published

5 days ago

on

January 10, 2025

By

As we step into 2025, NOWPayments is thrilled to unveil its latest innovation – the Payment Widget. Think of it as our special New Year’s gift to merchants across the globe, designed to revolutionize how businesses accept cryptocurrency payments.

So, what sets the Payment Widget apart from traditional APIs? 

  1. It’s simple! Unlike APIs, which may require more advanced technical expertise, this widget is incredibly easy to integrate – just a few lines of code, and you’re ready to go. No complex setups, no hassles. It’s the ideal solution for small e-commerce stores, presales, and anyone looking for a lightweight, user-friendly way to accept crypto.
  2. It’s suitable for everyone! The widget is perfect for small businesses that want to introduce a crypto payment option with minimum resources spent. Whether you’re running an independent online shop or a startup, this tool brings crypto adoption to your doorstep without any heavy lifting.

What makes the Payment Widget a game-changer?

  1. Ease of Use: no need for complex integrations, it requires minimal technical skills.
  2. Smooth Customer Experience: Payments happen directly on your website – no redirects, no interruptions.
  3. Support for 300+ Cryptocurrencies with auto conversion: From Bitcoin and Ethereum to stablecoins, flexibility is key.
  4. Tailored for All Industries: Small businesses, niche e-commerce shops, and presales campaigns – can all benefit.

Getting started is a breeze! With just a few clicks, you can enable crypto payments on your website and offer your customers a streamlined checkout experience. At NOWPayments, we’re all about making crypto adoption effortless, and the Payment Widget is another step in that direction.
Make 2025 the year you elevate your business with crypto payments! For details, visit our Payment Widget Guide and start simplifying transactions today.

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Press Release

MAGAcoin and JAECOIN, a new trend and instability created by the combination of politics and cryptocurrencies”

Published

6 days ago

on

January 9, 2025

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MAGAcoin and JAECOIN have created a new investment trend by combining politics and cryptocurrency. MAGAcoin was based on former US President Donald Trump’s political message “Make America Great Again,” while JAECOIN gained attention as a meme coin linked to candidate Lee Jae-myung’s digital economy platform. Both coins exploded in popularity by combining political events and popular sentiment, but in the process exposed themselves to extreme volatility and instability.

MAGA has seen its value rise and fall in response to Trump’s comments and political events. When Trump made pro-crypto comments, MAGAcoin saw more than 1000% increase in one-day trading volume, but after his guilty verdict in a sex scandal trial, MAGAcoin plummeted, causing investors to lose a lot of money. This highlights the problem that the price of political meme coins is overly dependent on the risk of a particular person.

JAECOIN was buoyed by Lee Jae-myung’s promise of digital transformation and support from the younger generation, especially as his popularity grew, but it also had the potential to be unstable if the political situation turned unfavorable. This shows that Memecoin can be overly sensitive to political events, which can undermine market confidence.

Political memecoins have expanded the cryptocurrency market beyond mere fun to new political and economic platforms, but they also present structural problems of extreme price volatility and speculation. Experts warn that while these memecoins can provide short-term returns and excitement for investors, their inherently unstable nature makes it difficult to build long-term trust. The cases of MAGAcoin and JAECOIN have shown that cryptocurrencies can be a powerful tool for political messaging, but they also warn of the dangers of potential market crashes.

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Press Release

CKB Eco Fund Joins Hong Kong Web3 Festival 2025 as Platinum Sponsor

Published

1 week ago

on

January 7, 2025

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The CKB Eco Fund, a leading force in Bitcoin-isomorphic innovation, will participate as a Platinum Sponsor at the Hong Kong Web3 Festival 2025. This annual gathering is one of Asia’s premier Web3 events, bringing together industry leaders, entrepreneurs, and developers to explore the future of blockchain and decentralized technologies. By joining the grand industry summit, the CKB Eco Fund reaffirms its commitment to fostering innovation and solidifying its leadership in the Asian blockchain ecosystem.

As the emerging driving force behind Nervos CKB, a cutting-edge BTC-isomorphic public blockchain (PoW+UTXO), the CKB Eco Fund is actively supporting pioneering projects that are revolutionizing the Bitcoin ecosystem. These include: Fiber Network, a programmable Lightning implementation supporting multiple assets including BTC, UTXO Stack, which solves Lightning Network’s liquidity challenges through innovative staking mechanisms, and RGB++, which enables native programmability and seamless interoperability across all UTXO-based chains. These complementary innovations work together to enhance Bitcoin’s scalability while preserving its security foundations. At the Web3 Festival, the CKB Eco Fund aims to engage with developers, share insights on the cutting-edge Bitcoin innovations, and further expand its impact across the global Web3 community.

The Fund’s ongoing efforts to support the Bitcoin ecosystem have already made a significant impact, particularly in Asia, where its projects have catalyzed the development of a stronger, interconnected blockchain landscape. Through strategic collaborations with developers, communities, and enthusiasts, the CKB Eco Fund has consistently worked towards enhancing Bitcoin’s role in the broader Web3 space.

At this year’s event, the CKB Eco Fund will co-host the Bitcoin Stage on Day 2 afternoon, following last year’s success. The stage will feature prominent voices from the Bitcoin and Web3 ecosystems, discussing innovations, best practices, and the challenges ahead for the industry. The conversations and knowledge exchange on the Bitcoin Stage will create an invaluable opportunity for attendees to deepen their understanding of the latest technological trends.

In addition, the CKB Eco Fund will showcase its ecosystem at a dedicated booth, featuring groundbreaking projects like UTXO Stack and Nervape. Attendees are invited to explore these initiatives, meet the teams, and discuss potential collaborations that could drive the next wave of innovation within the Bitcoin and CKB ecosystems.

The Hong Kong Web3 Festival, organized by Wanxiang and Hashkey Group, stands as a landmark event for the global Web3 community. By participating in this prestigious festival, the CKB Eco Fund will not only contribute to shaping the future of the Web3 industry but also further strengthen its role in supporting the growth of Bitcoin technologies and the broader decentralized economy.

CKB Eco Fund: https://x.com/CKBEcoFund

Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en

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