RE: Regulation Strikes Again | Bitcoin Set to Crash and Here's Why
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I think all this news is very bullish.
I think if you combine the news of PayPal's stable coin with their 450 milllion users, plus Coinbases new 2nd layer solution Base, which already is doing more transactions then OpenSea! And coinbases millions of users... now Coinbase gets permission for derivative markets, which were a huge source apparently of FTX nonretail business...it's all very bullish...
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Why would Payapal news be bullish? It’s just a centralized trash token for there platform.
They have 450 million user accounts worldwide. They allow people to buy crypto and not only send it to external wallets, but to their friends. Their stablecoin allows people to send money across national borders without bank transfers. Finally they allow 450 million new people to use their fiat onramp to crypto, increasing mass adoption, buuy pressure on crypto and increase crypto prices.