Big things are happening right now. I don't consider them relatively little developments even in the short-term. What you mentioned are huge milestones for Bitcoin and cryptocurrency in general, especially the entrance of Paypal in the cryptocurrency market, allowing its large number of users to buy and sell Bitcoin using their Paypal accounts. All this signifies wide acceptance.
As regards the price, even the news itself is enough to add around a thousand USD more to Bitcoin's price in just a matter of hours. I guess this is just the beginning of the kind of Bitcoin adoption we'll see in the future.
The development is subjective for each individual. Many do think that it is a milestone while others are still skeptic, no point in arguing because they are still a positive. Big news in any way though because Paypal are trying to be the forefront in this integration.