{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=PT-PT&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=PayPal%27s+Cryptocurrency+Volumes+Smash+New+Levels&text=The+transactions+of+Bitcoin+volumes+have+surged+on+PayPal+to+hit+record+levels+as+Bitcoin+continues+to+hold+above+%2435%2C000+USD.&text=PayPal+has+boasted+nearly+double+its+previous+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fpt-pt%2Fimmediate-edge%2F%22%3Ecryptocurrency%3C%2Fa%3E+volume+transactions+according+to+cryptocurrency+market+aggregator+Nomics.%0A%0AAs+reported%2C+the+global+payments+platform+recorded+a+massive+%24242+million+USD+worth+of+cryptocurrency+transacted+on+the+platform+yesterday%2C+breaking+the+record+by+almost+double+its+previous+record+of+%24129+million+USD+earlier+this+year.+In+the+last+two+weeks%2C+the+daily+moving+volume+of+cryptocurrency+on+the+platform+has+spiked+by+nearly+1000%25.%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3ERetail+has+arrived.+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2FPayPal%3Fref_src%3Dtwsrc%255Etfw%22%3E%40PayPal%3C%2Fa%3E+cleared+%24242M+in+crypto+sales+yesterday.+That%27s+nearly+double+the+previous+record.+%F0%9F%8C%90%F0%9F%93%B2%E2%9C%85+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fhashtag%2FBitcoin%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23Bitcoin%3C%2Fa%3E+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fhashtag%2FEthereum%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23Ethereum%3C%2Fa%3E+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fhashtag%2FBullMarket%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23BullMarket%3C%2Fa%3E+%3Ca+href%3D%22https%3A%2F%2Ft.co%2FdnoPlADhla%22%3Epic.twitter.com%2FdnoPlADhla%3C%2Fa%3E%3C%2Fp%3E%0A%E2%80%94+Alex+Saunders+%F0%9F%87%A6%F0%9F%87%BA%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC+%28%40AlexSaundersAU%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2FAlexSaundersAU%2Fstatus%2F1348806620050935809%3Fref_src%3Dtwsrc%255Etfw%22%3EJanuary+12%2C+2021%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E%0A%0AAs+noted+by+Nuggets+News%27+Alex+Saunders+above%2C+this+spike+in+volume+could+be+a+possibility+of+increased+retail+adoption%2C+trajected+by+the+bullish+rally+of+the+cryptocurrency+market.%0A%3Ch2%3ECryptocurrency+transactions+on+PayPal%3C%2Fh2%3E%0AMany+users+in+the+cryptocurrency+community%2C+whether+traders+or+investors%2C+have+expressed+excitement+about+the+adoption+opportunities+for+new+investors.+However%2C+the+platform+has+received+backlash+for+the+lack+of+withdrawal+features.+As+a+result%2C+it%27s+difficult+to+tell+whether+the+volume+of+transactions+on+the+payments+platforms+is+because+of+new+users+buying+cryptocurrency+or+whether+the+volumes+are+selling.+Given+the+price+of+Bitcoin+and+the+rise+of+value+in+the+market%2C+however%2C+it%27s+unlikely+that+the+volumes+are+made+from+investors+selling+off+their+cryptocurrency.%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3EYes+it+does.+In+the+initial+stages%2C+all+volume+was+buy+volume+because+no+one+on+PayPal+had+Bitcoin+within+their+gated+platform.+But+by+now%2C+there+should+be+substantial+vol+that+could+be+used+for+selling+too%2C+especially+considering+that+they+are+likely+in+profits.%3C%2Fp%3E%0A%E2%80%94+Marshie+%28%40marshiecrypto%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fmarshiecrypto%2Fstatus%2F1348807920868225025%3Fref_src%3Dtwsrc%255Etfw%22%3EJanuary+12%2C+2021%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E%0A%0AThis+being+said%2C+there+is+uncertainty+whether+the+volumes+will+have+a+longer-term+bullish+or+bearish+mark+on+the+industry.+Analysts+speculate+that+any+correction+in+the+market+or+crashes+that+Bitcoin+might+face+are+likely+as+a+result+of+retailers+investing+and+selling+to+establish+profitable+trades.+PayPal%27s+significant+volumes+could+lead+to+investors+dumping%2C+which+would+have+a+bearish+impact+on+the+market+overall%2C+despite+short-term+bullish+activity.","timeout":15}