PayPal partners with cryptocurrency service providers
PayPal, eBay Inc’s (NASDAQ: EBAY) payment unit announced on Tuesday, September 23, 2014 that it is partnering with three of the main Bitcoin processors; Bitpay, Coinbase and Gocoin, which also processes Litecoin and Dogcoin, allowing digital merchants to accept the cryptocurrency through its PayPal Payment Service. The partnership will initially be rolled out in North America for merchants of digital goods like games, apps, and eBooks and music files.
Defying the gloomy start, stocks finally rallied on Wednesday on hopes of a better economy
U.S Stock markets correct a 3-day losing streak with a record showing as the S&P 500 and Dow Jones made their highest percentage gain in one single trading session on Wednesday, September 24t,2014, in over 5 weeks.