It may seem a coincidence but I am not so sure about it. Just a few days ago, Wirecard, the called European Paypal announced its CEO was resigning after the company acknowledged $2 billion had gone missing, prompting its share price to plunge by 80%. You can read about it in this link
Today, Coindesk announced Paypal closed an agreement with Venmo to roll out buying and selling crypto. This seems to be the tipping point for crypto mass adoption, as 325 million users will be able to buy and sell crypto directly from their Paypal account.