According to Coindesk latest article PayPal has selected Paxos to manage PayPal crypto’s transactions, and in my personal opinion this is a big development as PayPal is used by million people all over the globe, and soon they all will be able to buy and sell crypto’s using PayPal.
Paypal has been actively participating in the cryptocurrency development space in the recent past and the association with Libra Association has proved to be quite a good turning point for the crypto space. With PayPal venturing in the trading space, I believe they might be creating up an exchange in the near future along with the introduction of their own cryptocurrency. But the latter part doesn't seem to work on a larger scale for a company like facebook there might be possibilities PayPal would be venturing in the development of crypto space without the creation of a separate coin itself. The primary creation of bitcoin was never meant to be a complete trading mechanism but to be used up as an alternative online currency. Well, the traditional currencies are traded but each and every one of the company venturing into creation of another shitcoin or creating a trading exchange doesn't seem to improve the adoption.
Lastly I believe that these two news shall motivate people to buy and hodl bitcoins, but then again it’s quiet possible that they may quickly sell it too, however what do you’ll think of these two news?.
Right from the beginning I was not always favored with the hodling of bitcoins for longer run but to use them in the place of a traditional currency. Many of them might call them the digital gold, but if they are meant to be used so the primary purpose of "Being our own bank" or "Decentralized currency without the intervention of the middle man" is being killed in the process. Bitcoin isn't meant to be a store of value rather we should use them for daily transactions and if the corporate giants tend to concentrate on such aspects of increasing the adoption of bitcoin as a currency, we would be eventually breaking the controlling power of banks on the global population. 
