McCarthy Initiates Impeachment Inquiry Into Biden; Bitcoin Rockets Above $26K On PayPal "Off Ramps" Feature News

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On today’s news episode: Kevin McCarthy, House Speaker, has announced an impeachment inquiry into President Joe Biden. Plus, Bitcoin breaks a slump, with a move above US $26,000 per coin — possibly on news that PayPal is launching a helpful “off ramps” feature that lets Bitcoin users deposit their crypto, convert it to a PayPal balance, and then immediately (for a fee) cash out to a linked bank account.

PayPal Bitcoin “off ramps” feature launches, according to user reports on Twitter and other social media.

PayPal’s helpful new feature comes as some in Washington are attempting to make it more difficult to use traditional banking features as a crypto user.

—FULCRUM Research