Month: June 2023

Wall Street Giants Bet on EDX Markets Crypto Exchange

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EDX Markets, a new digital asset marketplace, has announced the successful initiation of its trading operations, backed by a consortium of major financial institutions. Among the mentioned companies are several Wall Street giants, including Charles Schwab, Fidelity Investments, and Citadel Securities. Explore limitless, instant crypto swaps. Choose from 1000+ coins and tokens and exchange with no registration or sign-up. Experience a platform that prioritizes your data privacy and fund security. The company has also completed a new funding round Funding Round Startups look to raise capital can participate in a…

Deutsche Bank crypto plans aid Bitcoin price trip to $27.5K June highs

Bitcoin (BTC) achieved new highs for the month after the June 20 Wall Street open as observers stayed cautious on market strength. BTC/USD 1-day chart. Source: TradingView “No meaningful trend shift” for Bitcoin yet Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $27,499 on Bitstamp. The pair saw its highest levels since May 31 as the return of United States market trading boosted its performance. Versus the prior day’s lows, gains totaled around 4.2%. Despite this, wary market participants stopped short of calling even a low-timeframe trend shift.…

Exegy’s Metro Adds Deribit Crypto Options Exchange

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Exegy, Inc., a trading solutions provider for the capital markets, has broadened its crypto derivatives coverage for the Metro professional trading platform by integrating with Deribit. Adding Deribit, known as the world’s largest crypto options exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading…

Wall Street giants back EDX Markets, a new cryptocurrency exchange

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EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently unveiled the launch of its digital asset market on June 20, marking its official entry into the industry. According to the announcement, the exchange hopes to attract “industry leaders” by incorporating best practices from traditional finance and offering unique advantages, including liquidity, competitive quotes, and a non-custodial model designed to minimize conflicts of interest. Currently, EDX supports the…

Gemini plans Asia-Pacific expansion as part of ‘next wave of growth for crypto’

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United States-based cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has announced plans to expand into the Asia-Pacific region. In a June 19 blog post, Gemini said it planned to increase the number of staff at the firm’s Singapore office as well as establish an engineering division in India. The crypto exchange hinted at “larger” plans for expanding into the region in the next 12 months. “We believe that APAC will be a great driver of the next wave of growth for crypto and Gemini,” said the exchange. 1/…

Crypto VC market flashes green amid macroeconomic recession alarms

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Crypto venture capital investments were on the rise for the second month in a row in May despite the generally declining economic backdrop. Funding amounts surged 34% from April, and the number of individual deals jumped 62%, according to data from Cointelegraph Research’s Venture Capital Database. Though inflation in the United States cooled from 4.9% in April to 4% in May — down from 9.1% in the summer of 2022 — the U.S. Federal Reserve still raised interest rates 10 consecutive times. Decreasing inflation tends to build trust among investors…

IoT-Powered Decentralized Exchanges: The Future of Digital Asset Trading

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The world of digital asset trading is rapidly evolving, and decentralized exchanges (DEXs) are becoming more popular as a way to trade assets in a peer-to-peer manner without relying on a centralized intermediary. However, the potential of these exchanges has been limited by the lack of effective technology to power them. Decentralized exchanges (DEXs) are a type of cryptocurrency exchange that operates on a distributed network, without the need for a central authority or intermediary. In contrast to centralized exchanges, which rely on a central authority to manage user data…

How to use ChatGPT to write a resume

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Writing a resume using ChatGPT can be a helpful way to get started, but it’s important to remember that the final content and formatting should be tailored to your specific needs and industry. Here’s a general guide for using ChatGPT to assist in writing a resume for a “Project manager” position: Header Start by developing a header section that includes your full name, address, phone number and, if applicable, links to any professional social media accounts. Professional summary Provide a brief summary of your experience, talents and career aspirations under…

Web3 Organization Teddy DAO Raises Money Through Daily NFT Auctions

David Chapman, founder of Teddy DAO, told CoinDesk that the project was inspired by an NFT sale he conducted last year, where he sold a one-of-one collectible and raised $15,000 for humanitarian aid organization UNICEF. He noted that this event not only highlighted the demand for NFT-backed charity donations but also indicated that the method could be used to onboard people new to Web3. Source

Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO

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Stablecoin protocol Reserve is investing $20 million into the governance tokens of yield farming apps Curve (CRV), Convex (CVX) and Stake DAO (SDT), according to a June 20 announcement. The investment is intended to increase the liquidity of Reserve’s stablecoins, called RTokens. It will also increase Reserve’s voting power within these apps’ governance systems. Reserve is a stablecoin protocol that allows users to create their own coins backed by any asset they wish. Electronic USD (eUSD), High-Yield USD (hyUSD), Reserve (RSV), Reserve Dollar (RSD) and ETH+ are a few examples…