PayPal is planning on allowing users to withdraw cryptocurrency bought on its platform to third-party wallets. The company started letting users buy, sell, and hold crypto back in October, but it currently doesn’t let them move their holdings off its platform.

Billionaire investor Carl Icahn has revealed he is interested in investing in the cryptocurrency space in a “big way” and could buy over $1 billion worth of crypto.

Apple is, according to a new job posting, looking to hire a business development manager with experience in the cryptocurrency industry to lead its “alternative payments” partnership program.

Sponsored: Invictus Capital, the alternative investment firm offering a range of dollar-denominated backed blockchain-based investment funds, has so far offered investors unparalleled returns. In the last year the top-performing funds, Crypto20 and Crypto10 Hedged, have achieved an increase of 979% and 441% respectively, and the Invictus Margin Lending (IML) fund boasted an industry-leading performance of 20% APY.

Top stories in the Crypto Roundup today:

• PayPal To Let Users Withdraw Crypto From Its Platform
• Billionaire Investor Carl Icahn Hints He May Invest in Crypto in a ‘Big Way’
• Apple Job Offer Cites Cryptocurrency Experience
• Daily Movers – ENJ, CHZ, MANA
• Sponsored: Learn More About Invictus Capital's $10,000 Giveaway

PayPal To Let Users Withdraw Crypto From Its Platform

PayPal is planning on allowing users to withdraw cryptocurrency bought on its platform to third-party wallets. The company started letting users buy, sell, and hold crypto back in October, but it currently doesn’t let them move their holdings off its platform.

The news was revealed during CoinDesk’s Consensus 2021 conference, in which PayPal executive Jose Fernandez da Ponte said the firm wants to make it “as open as possible, and we want to give choice to our consumers, something that will let them pay in any way they want to pay.” He added:

“They want to bring their crypto to us so they can use it in commerce, and we want them to be able to take the crypto they acquired with us and take it to the destination of their choice.”

When the functionality is coming isn’t clear, however. Addressing rumors PayPal wants to launch its own stablecoin, he said it’s “way too early.”

Billionaire Investor Carl Icahn Hints He May Invest in Crypto in a ‘Big Way’

Billionaire investor Carl Icahn has revealed he is interested in investing in the cryptocurrency space in a “big way” and could buy over $1 billion worth of crypto.

Icahn noted that while he hasn’t bought any cryptocurrency yet, he has been studying Bitcoin, Ethereum, and the crypto sector as a whole to find where the opportunities are. Cryptocurrencies, he added, are gaining popularity as a natural manifestation of inflation.

The activist investor said criticism around cryptocurrencies having no underlying value is “a little wrong-headed,” and added:

“Well, what’s the value of a dollar? The only value of the dollar is because you can use it to pay taxes. I’m looking at the whole business, and how I might get involved in it.”

He also claimed he believes some people are looking at cryptocurrencies because some equities are being traded at “ridiculous prices,” with a number of companies having an “absurd” risk outweighing potential rewards.

Apple Job Offer Cites Cryptocurrency Experience

Apple is, according to a new job posting, looking to hire a business development manager with experience in the cryptocurrency industry to lead its “alternative payments” partnership program.

Candidates for the job should have at least five years of experience working “in or with alternative payments provider such as digital wallet, BNPL [buy now pay later], Fast Payments, cryptocurrency and etc.”

Apple has maintained a tightly-controlled payments ecosystem within its App Store, which never accepted customers’ cryptocurrencies and forces all apps to use its commerce rails and play by its rules. It led to a famous lawsuit from Fortnite developer Epic Games.

In the lawsuit, Epic claimed developers could “accept bitcoin or other cryptocurrencies” if it weren’t for Apple’s restrictions. Apple has made no public statements about its potential plans in the cryptocurrency space.

Daily Movers – ENJ, CHZ, MANA

Several tokens are leading the charge in the last 24-hour period. Some of these are well-known cryptocurrencies with more liquid trading pairs, so we’ll be focusing on these over low-cap cryptos that may have higher percentage changes.

Enjin (ENJ) – Enjin is a cryptocurrency (ERC-20 Token) and smart contract platform that gives game developers, content creators and gaming communities the required crypto-backed value and tools for implementing and managing virtual goods.

Chiliz (CHZ) - Chiliz is a fintech platform for tokenizing sports teams. Its currency and blockchain technology power products for casual, mainstream consumers. Socios.com - a tokenized fan engagement solution for sports - is the first platform powered by Chiliz.

Decentraland (MANA) - Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations.

Learn More About Invictus Capital's $10,000 Giveaway

Invictus Capital, the alternative investment firm offering a range of dollar-denominated backed blockchain-based investment funds, has so far offered investors unparalleled returns. In the last year the top-performing funds, Crypto20 and Crypto10 Hedged, have achieved an increase of 979% and 441% respectively, and the Invictus Margin Lending (IML) fund boasted an industry-leading performance of 20% APY.

The total assets under management (AUM) of funds managed by the company's team of veteran investment professionals peaked at $112 million in February, and ended the quarter at just over $100 million — a 50% growth over the quarter. The InvictusCapital.com token (ICAP), which allows loyal investors the chance to share in Invictus Capital’s success, has appreciated over 400% since its launch in Q1 this year. 

As part of the company’s broader plan to become a global leader in alternative asset investing, Invictus has integrated Binance Smart Chain based assets for fund investments. This integration solves the pain of high fees associated with using Ethereum and Bitcoin.

To celebrate the newly launched Binance Smart Chain (BSC) feature, a $10,000 giveaway will be distributed randomly to ten lucky users. 

The promotion starts on 30 April 2021 and ends on 31 May 2021 at 11:59 GMT and it’s not available to U.S. residents. Read more about the promotion rules here.

Disclaimer:

Cryptocurrency trading involves high risk, and is not suitable for all investors. Before deciding to trade cryptocurrencies, tokens or any other digital asset you should carefully consider your investment objectives, level of experience, and risk appetite.

Its content does not constitute financial advice. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice.

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