Hey, Your Crypto Newsletter for March 31, 2021

If you are interested in cryptocurrencies, this newsletter is for you. [FeedBinary Newsletter]( You Might Like     [Learn more about RevenueStripe...](  [PayPal launches crypto checkout service]( PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce.  Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said.  The service, which PayPal revealed it was working on late last year, will be available at all of its 29 million merchants in the coming months, the company said.  “This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your PayPal wallet,” President and CEO Dan Schulman told Reuters ahead of a formal announcement.  Checkout with Crypto builds on the ability for PayPal users to buy, sell and hold cryptocurrencies, which the San Jose, California-based payments company launched in October. [Read More](   [Bitcoin Resurgence Continues as Ethereum Leads Per Rate of Gai]([n]( The cryptocurrency market is still seeing new spikes in price, sustaining the trends that began yesterday. The upward price momentum has taken a new shift as Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization is remarkably leading Bitcoin (BTC) per the daily rate of gains.  The Bitcoin resurgence received a sustained momentum as the bulls anticipated to stir a push above the $60,000 resistance mark, and while this price level is currently being rejected by the bears, the prospective weekly high may veer above the level. Ethereum on the other hand traded at its weekly high at the earlier hours of today riding on the bullish news about the network being adopted by online payments services provider Visa Inc.  In all, the influence of both Bitcoin and Ethereum in keeping the global cryptocurrency market capitalization on the path of gains is evident. The global market cap is up 2.74% to $1.87 trillion. Today’s piece highlights new trends in the market and how the technicals are backing the ongoing price spikes.  The question of whether Bitcoin is a legitimate digital asset to hold is no longer a common one in today’s cryptospace as the cryptocurrency has proven itself sustainable over time. The latest weekly on-chain data from crypto analytics provider Glassnode suggests that the market is seeing the emergence of new crypto HODLers. [Read More](   [Cryptocurrency in India: Hot or Naught]( Why is the Indian government against cryptocurrency when it has safety as one of its pillars and also when large organizations across the world, like Tesla, are accepting crypto as a valid currency? Let’s find out  Let’s start with the way cryptocurrency works. Cryptocurrencies rely on blockchain technology which works as a distributed ledger. The ledger saves user transactions among millions of devices across the globe without any center point that has control over the data, and that makes it a decentralized system.  The data is stored in the form of a block, and such blocks get interjected with one another through an invisible chain, and thus the name blockchain. An individual requires two separate keys, known as public and private keys, in order to access the stored information. In this system, the public key performs as an address to the stored block while the private key becomes the password to access the block. So, yes, if you lose your private key, dyum, your cryptocurrency is gone forever and that’s one of the biggest disadvantages. But with that disadvantage blockchain also provides some brighter sides.  Blockchain performs its tasks on a ratio of 51:49 which means that if an individual wants to change the stored data on your block, to get it validated completely, he/she has to change the same data in 51 per cent of devices globally. If you fail to do so, your changes become void but that’s what makes it a secure technology that is hard to manipulate.  [Read More]( You Might Like     [Learn more about RevenueStripe...]( Connect with FeedBinary on Facebook and Twitter [Facebook]( [Twitter]( [Linkedin]( You received this email because you operate or create content for a website/service and based on your website it seemed like this could be important information to you and your users. This newsletter is managed by [Postbox Consultancy Services Pvt. Ltd](.C-4/5, IBD Emporia, Kolar Road, Bhopal, Madhya Pradesh, INDIA, 462042 Want to change how you receive these emails? [Update your preferences]( or [Unsubscribe](