FxPro markets analyst Alex Kuptsikevich told CoinDesk in a daily note that while cryptocurrencies saw increased buying equity markets were under the most pressure as the dollar was gaining momentum. However, this momentum didn’t last long, which dampened bullish outlooks. Original
Singapore-based exchange Crypto.com has teamed up with PayPal and Paxos to become a preferred platform for PayPal USD (PYUSD). According to a press release from Sept. 28, Crypto.com currently possesses the deepest liquidity for PYUSD trading pairs globally. The exchange has listed PYUSD for retail and institutional users, with “trading features coming soon.” This move builds on PayPal and Crypto.com’s previous partnership, such as an option to use PayPal to top up the Crypto.com Visa Card, according to the press release. In his commentary, Joe Anzures, the Senior Vice President…
The day’s trading was marked by mediocrity, with the European markets generally treading water before closing in the red. European markets endured a challenging day on Wednesday, with the region’s benchmark, the Stoxx Europe 600 (INDEXSTOXX: SXXP), closing at its lowest level since March 28, according to data from LSEG. Lingering concerns over inflation and slowing economic growth continued to cast a shadow on investor sentiment, resulting in subdued performance across major European indices. Mixed Performance in Major European Markets Major European markets followed a mixed trajectory during the session.…
New research unveils the best countries and industries for finding your ideal crypto job, even in unexpected regions. Cryptocurrencies, once the realm of tech enthusiasts and niche investors, now have a significant foothold in the global job landscape. Anchored by blockchain technology, the cryptocurrency domain is generating roles for those well-versed in its nuanced architecture. According to a study by Coin Kickoff’s spanning over 150 countries, about half of all crypto jobs are hosted by prominent exchanges like Coinbase and Binance. Highlighting this surge, software engineers at these exchanges can…
The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). The Banque de France issued the report on Sept. 28. The so-called Project Mariana was developed by the Banque de France, the Monetary Authority of Singapore and the Swiss National Bank under the aegis of the BIS. It has tested the cross-border trading and settlement of hypothetical euro, Singapore dollar and Swiss franc CBDCs between simulated financial institutions…
Binance’s CEO sought to quell rumors about the mysterious, day-old, crypto company as he seeks to quit Russia. Source
Joel E. Cohen, a mathematician and biologist representing Celsius Network’s valuation adviser, Stout Risius Ross, confirmed the accuracy of the fair value of certain of the debtors’ assets and liabilities as of May 31, 2023. Following months of back and forth, most Celsius creditors recently voted in favor of a plan to see approximately $2 billion worth of Bitcoin (BTC) and Ethere (ETH) returned to creditors. The voting results are in! Over 95% of creditors across all eligible classes voted to accept the Plan, a testament to our collaborative efforts…
As the crypto market faces constant volatility challenges and regulatory pressures, major cryptocurrencies have experienced significant declines and slowed growth over the years. However, a new chart report has revealed that despite these downward trends, the crypto industry is still achieving new milestones in terms of adoption. Chart Reveals Crypto Adoption On The Rise The broader crypto market has been recovering at a snail’s pace since the crypto crash in 2021. Cryptocurrencies were at their peak during this time, and Bitcoin had the highest growth rate, reaching a price of…
“The recent personal data breaches are a reminder that data protection is, first and foremost, about people. We have seen both the immediate and ongoing impact that the release of such sensitive personal information has had on the individuals and families involved, and that is why I have taken this action. “It is imperative that robust measures are in place to protect personal information. The advice we have issued sets out the bare minimum that public authorities should be doing to protect personal data when responding to information access requests,…
“The recent personal data breaches are a reminder that data protection is, first and foremost, about people. We have seen both the immediate and ongoing impact that the release of such sensitive personal information has had on the individuals and families involved, and that is why I have taken this action. “It is imperative that robust measures are in place to protect personal information. The advice we have issued sets out the bare minimum that public authorities should be doing to protect personal data when responding to information access requests,…