The Crypto market is down and this is the second month when we are in a kind of the same situation where bitcoin is hovering around 30k and even altcoins are down. Those who are here for the last couple of years are aware that this is not the first time and it keeps on happening from time to time so we need to learn how to deal with it. Long layers believe that this is the time to accumulate and hold till the next cycle and that the next cycle can obviously take long and it can be a few years also. While now is the time to build I think that this is also the time to see what good things are coming to crypto. 



I had shared a few updates earlier about the adoption where new brands and even leading companies announced their entry in crypto and this has been going well. It's obvious that more adoption and acceptance of crypto means more power to the community and that is also needed for mass adoption. 
![image.png](https://images.hive.blog/DQmQiJtFZq4xVdA1ozmQgsJDAkHtWMnnkRmGtDfWcV63p9p/image.png)

[strc](https://images.app.goo.gl/nfz85kvWfubdFiVm8)

There is another good update that PayPal has enabled crypto transfer to external wallets and this is a good decision. As of now, this is available for selected users in the US but soon it will be extended to all the users in the US however it may take a few months. This is one of the features that was most awaited by the PayPal user and a major chunk of users were asking for this. Now after this enablement I am sure that the users who have got the function must be happy.

Allowing only trading of crypto was a limited feature and probably because of this limitation many users were not using PayPal because not everyone trades for the short term and even many people trade to hold and even want to send their holding to another crypto wallet outside the PayPal and now this is possible. Even though there is an exchange in India that follows the same that they allow crypto trade but wallets are not enabled and they don't allow the transfer to an external wallet. I feel this is not right because when we talk about decentralization then the first thing that we get is freedom and there should be no restriction on anything. 

I expect that PayPal will also bring many other services like a stake to earn, lending, margin trading, etc in the future, and this way their users will be even happier because PayPal is not just easy to use but quite a safe name. They will have to deal with competition in the market because other exchanges have lots of services and features and to survive in this kind of environment, innovation is surely needed. 

**Thank you so much**
*Stay Safe*






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