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Stockreport

Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal [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 crypto payment option, which will be offered through a "secure payment platform managed by PayPal," according to the release, is expected to go live in mid-2025. A spokesperson for the city did not immediately respond to questions about which cryptocurrencies Detroit plans to accept, but PayPal only supports a small handful of tokens — bitcoin, ether, bitcoin cash, litecoin, and PayPal's own stablecoin, PayPal USD. Once Detroit officially begins accepting crypto payments, it will be the largest U.S. city to do so. Two other cities — Miami Lakes, Florida and Williston, South Dakota — already accept crypto payments for some city fees, utility payments, or taxes, as well as three states — Colorado, Utah and Louisiana. Each has partnered with a third party payment processor like PayPal or BitPay that converts crypto payments into U.S. dollars. According to the city's announcement, Detroit's decision to allow crypto payments comes as part of a larger push to embrace new technologi [Read more]
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Stockreport

Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal [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 crypto payment option, which will be offered through a "secure payment platform managed by PayPal," according to the release, is expected to go live in mid-2025. A spokesperson for the city did not immediately respond to questions about which cryptocurrencies Detroit plans to accept, but PayPal only supports a small handful of tokens — bitcoin, ether, bitcoin cash, litecoin, and PayPal's own stablecoin, PayPal USD. Once Detroit officially begins accepting crypto payments, it will be the largest U.S. city to do so. Two other cities — Miami Lakes, Florida and Williston, South Dakota — already accept crypto payments for some city fees, utility payments, or taxes, as well as three states — Colorado, Utah and Louisiana. Each has partnered with a third party payment processor like PayPal or BitPay that converts crypto payments into U.S. dollars. According to the city's announcement, Detroit's decision to allow crypto payments comes as part of a larger push to embrace new technologi [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)
%
 VOLUME RATIO
%
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