5 Best Bitcoin Stocks to Buy Now

2. PayPal Holdings (NASDAQ:PYPL)

 Number of Hedge Fund Holders: 100

PayPal Holdings (NASDAQ:PYPL) is currently at the forefront of the digital payment revolution in the world. The California-based organization unlocked crypto trading on its digital payment platform Venmo in late 2020. Today, cryptocurrency is an important part of PayPal’s business as the organization not only allows the trading of Bitcoin, Ethereum, and Litecoin but also plans to launch its own stablecoin.

 PayPal Holdings (NASDAQ:PYPL) has got positive ratings from several investment banking firms in recent weeks. On August 1, DA Davidson analyst Christopher Brendler maintained the ‘Buy’ rating on the shares of PayPal Holdings (NASDAQ:PYPL) and gave it a price target of $120. Similarly, on July 21, KeyBanc analyst Josh Beck maintained the ‘Overweight’ rating on the shares of PayPal Holdings (NASDAQ:PYPL) and gave it a price target of $100.

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