With BTC pulling back from $13K and reactions to PayPal in the news, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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

Today's stories:

The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.

The CFTC wants futures commission merchants to take care when dealing with customer's funds.

Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?

Two cryptocurrency trading firms are merging, and in a rare twist, so are their tokens.