With BTC holding above $16K and PayPal services live in the wild,  CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com and Nexo.io.

Today's stories:

PayPal Removes Waitlist for New Crypto Service, Boosts Weekly Purchase Limit to $20K 

All eligible PayPal accountholders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday.

$300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges 

The Chinese government cracks down on the crypto exchanges (again), but Binance has been benefiting.

Payments Provider BitPay Rolls Out Cryptocurrency Payroll Service

With the launch, BitPay now provides a new alternative to crypto payroll services such as BitWage.