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PayPal Holdings, Inc. (PYPL)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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PayPal Holdings Inc joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins using the U.S. digital payments company's online wallets.
PayPal customers will also be able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021, the company said in a statement.
My thoughts: crypto adoption has been slow moving but this just gave it 26 million more reasons why to use it. PayPal is going to crush it over the next serval years. Can’t wait to see what Venmo turns into. Great stuff here folks.
Today was a glorious day. Just the beginning.
IPNFF Popped 20%, you know I know about my AR stocks, big potential here
PayPal will gobble up market share in the crypto arena from Square once this platform gets rolling. PayPal is huge, and this bitcoin adoption was inevitable, only a matter of time. Square got a head start in the space but PayPal will take the victory lap. In almost every aspect PayPal’s services are more widespread, secure, and overall better than square’s.
PayPal price target raised to $290 from $285 at Mizuho
Mizuho analyst Dan Dolev raised the firm's price target on PayPal to $290 from $285 and keeps a Buy rating on the shares. The analyst's work points to "ample upside" to Q3 total payment volume estimates, better than expected revenue and "upbeat" preliminary 2021 guidance as PayPal's fundamentals "continue to strengthen." The analyst sees 33%-34% TPV growth, ahead of guidance at 30%
Ive been wondering why PYPL was creeping up the past 2 weeks. Finally got crypto access, thats the main reason I bought in a few years ago. PYPL was the only company with any interest in it at all.
PayPal just approved BTC ... this is a big deal b/c PYPL is much larger than Square .... this means that VISA and MasterCard and American Express won't be far behind with respect to integrating Bitcoin as options to buy using accumulated rewards or to use as a payment option.
There is ZERO reason for this to be down so much. This is not profit taking or "normal selling". With a stimulus soon to be announced, this actually has me worried. And no, the JPM and V news should have have minimal impact here.
PayPal just approved Bitcoin transactions. Huge!
Good news and a bright future = PayPal 💰
After years paypal finally embraces bitcoin....finally, was a long time coming, riot and mara will soar off this development.
go uxin solo trxc zi
I am planning to trim my $PYPL position soon, hopefully around $225/share. I have 700 shares, where the first 100 I bought @$35 in 2016. Planning to reinvest those profits to dilute my over-concentration in PayPal and will diversify in to AMZN, GOOGL, MSFT, and CRM.
I am thinking that the Q3 earnings should be stellar, but the price has been very stagnant for years, aside from the March 2020 - Sept 2020 surge.
What does this forum think about $PYPL?
Amazing company! I am real sad that I sold it 200. It may hit 250$ easily by the end of the year
PayPal going cryto! $300 soon!!
Thanks posting censors for deleting my analysis! Hold on, the best is yet to come. The train is about to leave for 225 +
I know we haven’t seen anything yet.
Big short squeeze today. Long and strong PYPL.
Yahoo Finance Insights
PayPal reached an all time high at 214.60
About time we got this show on the road! Bring on the analyst UPGRADES!
I'm curious; What are the down sides to PYPL incorporating bit coin?
Are they exposed to value fluctuations or is that risk on the consumer?
PYPL has performed so amazingly since the split from eBay. EBAY has barely budged while PYPL has quadrupled.
How do you buy crypto with Paypal. When I login, there are no options...
"For the PayPal community, today is the first time its users can purchase crypto assets directly from PayPal. PayPal is introducing the ability for its users to buy, hold and sell Bitcoin, Ethereum, Bitcoin Cash and Litecoin. To start, PayPal is offering this service to its US customers, then plans to add more geographies and features over time."
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