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Stockreport

Detroit Becomes First Major American City To Pioneer Crypto Payments for City Services [Yahoo! Finance]

PayPal Holdings, Inc. (PYPL)  More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
The groundbreaking move was announced by city officials on Thursday, allowing residents to start paying taxes and city fees with cryptocurrency through PayPal's secure payment platform starting in mid-2025. “Detroit is building a technology-friendly environment that empowers residents and entrepreneurs,” said Mayor Mike Duggan. The mayor added they are excited to be among the first big American cities to explore blockchain technology's potential and to provide residents with a convenient additional way to make payments by offering cryptocurrency as an option. The effort goes far beyond convenience in terms of simply paying a bill, as it also forms part of a broad initiative to upgrade city services and further financial inclusion. This makes Detroit, with its 630,000 residents, the leader of the pack in terms of city cryptocurrency adoption. While three states in the country allow cryptocurrency in state payments—Colorado, Utah, and Louisiana—today few cities other than Williston, [Read more]
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Stockreport

Detroit Becomes First Major American City To Pioneer Crypto Payments for City Services [Yahoo! Finance]

PayPal Holdings, Inc.  (PYPL) 
More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
The groundbreaking move was announced by city officials on Thursday, allowing residents to start paying taxes and city fees with cryptocurrency through PayPal's secure payment platform starting in mid-2025. “Detroit is building a technology-friendly environment that empowers residents and entrepreneurs,” said Mayor Mike Duggan. The mayor added they are excited to be among the first big American cities to explore blockchain technology's potential and to provide residents with a convenient additional way to make payments by offering cryptocurrency as an option. The effort goes far beyond convenience in terms of simply paying a bill, as it also forms part of a broad initiative to upgrade city services and further financial inclusion. This makes Detroit, with its 630,000 residents, the leader of the pack in terms of city cryptocurrency adoption. While three states in the country allow cryptocurrency in state payments—Colorado, Utah, and Louisiana—today few cities other than Williston, [Read more]
IMPACT SNAPSHOT
EVENT TIME:
PYPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS