Coinbase Now Allows Users To Buy Crypto With PayPal – April 30

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $54,367

Bitcoin price has returned to the $54,000 range once again, this time following a bounce from daily lows around the $53,000 mark.

Top-20 altcoins remain stable, as Ethereum stays unchanged, XRP gains over 9% and Binance Coin gains 2%.

Top Stories for April 30, 2021 πŸ”₯

πŸ‘‰ Coinbase Now Allows Users To Buy Crypto With PayPal

Coinbase has launched a “buy with PayPal” feature for US customers, indicating growth in mainstream acceptance of cryptocurrency.

Users will be able to purchase up to $25,000 in crypto using PayPal, however the fees using the payment method can add up to as much as 4%.

πŸ‘‰ Intercontinental Exchange Sells Coinbase Stake For $1.2B

Intercontinental exchange – best known as the parent company of the New York Stock Exchange – has sold its entire Coinbase stake for $1.2 billion.

The sale netted $900 million in profit and was a move to reduce some of the company’s debt, according to CFO Scott Hill in an earnings call this week.

πŸ‘‰ Fidelity Launches Crypto Analytics Platform For Institutions

Asset management firm Fidelity has launched a cryptocurrency analytics platform aimed at institutions, called Sherlock.

Sherlock will be similar to Bloomberg’s Terminal and include everything from blockchain data and research, to news and technical analysis.