the price definitely reached $ 40,000 because of paypal. Paypal is a company that has a great reputation (even with the cases of closing people's accounts when they want without giving the person the opportunity to withdraw funds) and has many customers. the paypal announcement is a great exposure opportunity for bitcoin and also somehow start to show that the cryptocurrency market is not as bad as some big news channels talk.

years ago there were many PTC sites and it was thanks to the fact that they were sites that accepted deposits and withdrawals to paypal, when paypal started to freeze the accounts of the ptc sites all PTC sites went bankrupt. of course there were hundreds of PTC scam sites and a ponzi scheme. but my point is that paypal has a great influence and people know it and that is why the price of bitcoin has gone up a lot

In my opinion neither of them has a major contribution to the raise in price as institutions are the ones who are pushing the price now. Retail money is small compared to professional investors. However I do think these two platforms have a significant part to play in the adoption of BTC as a method of payment.

pornhub can't compete with the volume that paypal can move. just for logic, one is sharing porn videos, the other one is a company created ad hoc for online payment.
probably pornhub could bring new people to our environment, people that have never heard about crypto currencies or other form of "virtual" payment.

i say pornhub because as price goes higher their revenue increases by A LOT both because what they receive (and possibly hold some of it) increases in value and also a lot more people get into bitcoin so their chances of having more of their "customers" own bitcoin and pay with bitcoin increases. also people spend their bitcoin more whenever the price is going up compared to when it is coming down.

paypal on the other hand may not care at all because their role in this world is as an exchange service and they can only make money if people trade bitcoin in their service and whether price is going up or down they can make their profit.

We cant tell since we dont have actual numbers that can be known only internally but what matter most here is that these big companies specially Paypal had
accepted Bitcoin which is really a great thing.It doesnt matter which one did really have significant bigger impact because we do aim for more companies to do
the same. We would expect that we are seeing numbers which are higher compared to now if adoption would become bigger in near future.
Answering the question basing on presumption then ill hands down with Paypal.

That was with credit cards.

Let me give you an example, in 2017 around 250 000 stores in Japan started accepting bitcoin, do you think they've got more than 1 customer each per day?  
It doesn't matter if a business is accepting bitcoin or not, what matters is if the users want to spend their coins and not use their credit/debit card. And if you ake a poll around here if anyone would spend their coins for porn, hmm, I doubt you would be amazed by the results unless your bet was on 0.1%, it would be a surprise to know more than 5 people on this entire forum have paid for porn on pornhub with BTC during these times.

Meanwhile, pornhub has dropped 7 places in Alexa while onlyfans and manyvids have gone up pretty steep, so the outcome is pretty clear at this point, pornhub will be history soon, PayPal is here to stay for a while.
 

I think pornhub is more popular than paypal That is why it could create a bigger information noise and put bitcoin on hype.
We all know that paypal uses artificial bitcoin (it can not be withdrawn, send to other account, user dont have private keys), while pornhub works with real cryptocurrency. Also, pornhub already in 2018 accepted Verge as a payment. Who know how much support to crypto they had already created during that ages.

Doubt if 100 million per year in transactions from pornhub could have any effect on Bitcoin price, PayPal, however is different, but it's not the reason behind these prices, reason is the trust which paypal helped to bring into the system, now people trust Bitcoin more than before.
Main reason however is the mass adoption, which we were waiting for a long time to happen.

I guess Paypal will win over pornhub here, there's a lot of countries where pornhub is banned and I think this would have an effect on their average daily sales, not like Paypal that was worldwide adoption and they had tied up different merchants, only business or even offline.

I guess that is the biggest factor that helps bitcoin price boost in the market, as this year PayPal adds 21 million new active accounts in strong second quarter in a total of 346 million active users of Paypal, I can't imagine if all that users will support and do trading in Paypal will surely have an effect on the bitcoin price will I guess it will shake the whole market.

So Paypal here contributed a lot but we should be thankful also for this adult site that contribute awareness to most adults.

You said it brother