Too Long; Didn't Read
PayPal announced in October 2020 that it would be facilitating the purchase and sale of cryptocurrencies, including Bitcoin on its platform. The move by PayPal caused the price of Bitcoin to noticeably increase at the start of a rally which saw the flagship cryptocurrency hit an all-time high on the 30th of November, before shortly falling back under that mark. Decentralized Finance (DeFi) has drastically risen to prominence this year, with many proponents believing it is something that can “beat the banks”