Crypto Tidbits - 19th September 2020

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Bitcoin breaks 11k resistance and have been holding on for approximately 4 hours as at the of writing BTC is trading at $11,070.70 according to Coingecko. Bitcoin have been trying to regain 11k several times this week but keeps being rejected, sustaining 11k this time remains to be seen, having to establish support in that region will be a successful weekend for the world's first cryptocurrency.

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The launch of Uniswap’s governance token UNI caught the cryptocurrency market left, right, and center. Some folks who received the airdrop for being a loyal Uniswap user before September 1, dumped it on the market to avail their free helicopter money. Some held on.
Nonetheless, UNI got listed on Coinbase Pro, Binance and it’s price shot through the roof. It’s now on number 32 as per CoinGecko. But can it break into the top 10?
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With Coinbase having equity share in Universal Navigation Inc which is a parent company to Uniswap which counts for some confidence in the token, and some UNI HODLers as well as the DEXs impact on DeFi UNI stands a chance to make it to top 10 from my point of view.

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PayPal is working on incorporating cryptocurrencies into their business, according to Sandi Bragar, a managing director at the investment management firm Aspiriant.
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This have been an ongoing development since July, probably earlier. A means that will expose more people to crypto in some way.

Cheers

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9 comments
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PayPal getting into crypto would be great I’ve got quite a bit of cash in PayPal lol would love to buy some BTC with it

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Yes that will be another source of buying BTC or its supported cryptos, generally a plus for crypto. Hold on to that fiat in your Pay Pal account you will hopefully have the means of converting it to BTC soon 🙂

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(Edited)

Well I use it to keep dollars and euros since I don’t want to only keep rands this was way before USDT and all these stable coins made it easier to travel too and cheaper because PayPal works anywhere

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Good idea, you are a smart Mzanzi fellow do you know that?

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LOL no one I know seems to think that, they think I’m all nuts and I should buy cars and be flexing on Instagram but I wear the same broken shoes and I’m happy with that

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Now that's the reality to life, when you are busy implementing and executing great plans, you have no time for fancy stuff and things that are not of importance.
I am listening to live chat of Andreas now on YouTube and I just told myself what a genius and all he dresses is in a simple way.

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Totally why do you need to flex the real rich don’t flex becuse they are content and that’s what I want to be to not have to worry about how I’m gon g to pay for stuff and live simple but that’s just me

I love Andreas his such a calming figure and when I get carried away in crypto I always listen to him and he brings me back to earth

Lol it reminds me of this meme I saw of Bill Gates and zuckerberg and it’s like look at these guys all worth billions and not a gucci sweater in sight

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Lol it reminds me of this meme I saw of Bill Gates and zuckerberg and it’s like look at these guys all worth billions and not a gucci sweater in sight

Absolutely! only if we can focus on what matters, some of our problems will be less or solved. 🙂

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