Send Money To The Philippines In A Flash With Strike’s Send Globally !

• Strike, world’s leading digital payments platform, has expanded its “Send Globally” product to the Philippines.
• The expansion enables fast, secure, and low-cost money transfers between the U.S. and the Philippines.
• This revolutionizes traditional cross-border payment services and serves as an empowering experience for people to send money around the world in nearly an instant.

Strike Expands “Send Globally” to the Philippines

Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced today that it is expanding its “Send Globally” product to the Philippines. This will enable fast, secure, and low-cost money transfers between the U.S. and one of the world’s largest remittance markets.

Revolutionizing Traditional Cross-Border Payment Services

The Philippines relies on more than $35 billion annually in money sent from abroad, including more than $12 billion from the U.S.. By partnering with Pouch.ph in this country, Strike is able to facilitate transfers from U.S dollars that are received as Philippine pesos in a recipient’s bank or mobile money account within this market – revolutionizing traditional cross-border payment services in this way..

Empowering Experience for People to Send Money

Jack Mallers, Founder and CEO of Strike said: “Remittances are a broken system and Strike delivers an incredibly empowering experience for people to send money around the world in nearly an instant.” By using Bitcoin’s Lightning Network for digital payments that are faster and cheaper, Strike aims at improving financial inclusion in countries with a high number of unbanked individuals by making these services accessible for them as well.

Utilizing Bitcoin without Tax Treatment Implications

Through Send Globally dollars are converted into bitcoin which is then sent via the Lightning Network directly to a third-party partner operating within recipient’s country where it is then converted into local currency which is sent directly into recipient’s bank or mobile money account – allowing both sender and receiver not having to worry about bitcoin’s tax treatment or dollar volatility implications while also completely eliminating custody issues associated with such transactions as well.

Pouch Partnership Revolutionizes Cross-Border Payments

Ethan Rose (Founder & CEO of Pouch) noted: “With integration of Pouch & Strike we’re revolutionizing way cross-border payments are made; empowering people easily send & receive funds across borders quickly & securely.” He concluded emphasizing how their partnership will make sure Filipino Americans have access better options than outdated ones currently available through legacy payment rails systems like banks etc

Bullish dYdX (DYDX) Price Prediction for 2023: $1.633 to $5.430

• dYdX (DYDX) is a decentralized exchange platform for cryptocurrency margin trading for assets like BTC, ETH, SOL, DOT, and more.
• In dYdX (DYDX) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about DYDX to analyze the future movement of the cryptocurrency.
• The DYDX price prediction for 2023 is $1.633 to $5.430.

dYdX (DYDX) is a decentralized exchange platform for cryptocurrency margin trading for assets like BTC, ETH, SOL, DOT, and more. The platform allows traders to take advantage of price movements in the digital asset markets and generate profits from it. The hype around dYdX has intensified because the exchange finally presents a clear decentralized alternative to perpetual exchange BitMex, FTX, and Bitfinex.

To accurately predict the future price of dYdX (DYDX), we need to analyze various factors that affect the price of the cryptocurrency. This includes understanding the current market status, use of statistics, price patterns, RSI, RVOL, and other information about DYDX.

The current market status of dYdX (DYDX) can be seen on CoinGecko. It currently holds the 120th position and its current price is $2.28 with 24-hour trading volume of $183,616,964. The 24-hour price change is 6.7% up, and the circulating supply is 147,702,277. The all-time high for DYDX was $27.86, which was on September 30, 2021.

To analyze the price patterns of dYdX (DYDX), we need to look at the chart of the cryptocurrency. The chart of dYdX (DYDX) laid out the Horizontal channel pattern, also known as the sideways trend. This pattern is used to indicate how the price is constrained between the upper line of resistance and lower line of support. In this channel, the price is expected to stay in the same range and not break out of it.

In addition to the price patterns, we also need to consider the RSI (Relative Strength Index) and RVOL (Relative Volume) of dYdX (DYDX). The RSI is a technical oscillator that measures the momentum and relative strength of the cryptocurrency. It is used to predict when the price of a currency is overbought or oversold. On the other hand, the RVOL is used to measure the relative volume of the cryptocurrency. It is used to measure the increase or decrease in trading volume of the cryptocurrency.

By analyzing all the factors mentioned above, it can be seen that the future price of dYdX (DYDX) is expected to be between $1.633 and $5.430. This means that the DYDX price will also reach $4 soon. It should be noted that the DYDX bearish market price prediction for 2023 is $1.015.

Overall, the dYdX (DYDX) price prediction for 2023 is quite bullish. With the right analysis and research, traders can take advantage of the opportunities presented by the cryptocurrency markets and generate profits from it.

CoinDesk Weighs Sale Amid Crypto Market Uncertainty, DCG Financial Troubles

• CoinDesk, a crypto-based firm, is weighing its options regarding a potential sale as it looks to attract growth capital.
• According to the WSJ, the firm has recently received offers above $200 million.
• This potential sale is a confirmation of Digital Currency Group’s (DCG) financial troubles, as the group had recently announced to its shareholders that it would halt dividends immediately.

CoinDesk, a crypto-based firm owned by Digital Currency Group (DCG), has begun exploring its options regarding a possible sale as it looks to attract growth capital. A report from the Wall Street Journal (WSJ) states that the firm has recently received offers above $200 million. If the deal goes through, the amount would amount to an almost 40,000% return on its initial investment.

CoinDesk was acquired by DCG in 2016 for an amount between $500,000 to $600,000. Despite the offer, however, CoinDesk is now seeking advice from Lazard, a specialist firm focused on mergers and restructuring. This potential sale is a confirmation of DCG’s financial troubles, as the group had recently announced to its shareholders that it would halt dividends immediately. In its explanation, DCG claimed that the decision was to help it improve its balance sheet and ultimately “preserve liquidity.”

In another related issue, the WSJ reported that DCG is currently looking for ways to save its business and grow its capital. This is usually done by searching for new investors, but that is proving difficult due to the bear market. The report also states that DCG has approached some of its investors to ask for more capital and to extend the terms of its existing loans.

The news of CoinDesk’s potential sale comes at a time when the crypto market is facing a lot of uncertainty. Overall, the market has been on a downward trend since mid-2018 and there has been a lot of news regarding the closure of crypto-related businesses as well as layoffs. Furthermore, the market has been facing a lot of regulatory scrutiny, which has also impacted the prospects of many crypto-related firms.

It remains to be seen if CoinDesk will go ahead with the sale, as the firm is still weighing its options. Regardless of the outcome, the potential sale is a clear indication of the current state of the crypto market. It also highlights the importance of ensuring that firms have sufficient capital to weather any downturns in the market and that their business models are robust enough to handle any shifts in the regulatory landscape.

Fidelity Acquires Fintech Firm Shoobx, Strengthening Private Market Presence

• Fidelity Investments, one of the world’s largest financial services providers has announced its complete acquisition of the global fintech firm, Shoobx.
• Shoobx offers automated equity management operations and financing software for private companies at all growth stages, up to and including an initial public offering (IPO).
• Fidelity and Shoobx’s offerings in this area evolved over the course of more than a year since summer 2019.

Fidelity Investments, one of the world’s largest financial services providers, has made its first acquisition in seven years with the acquisition of global fintech firm Shoobx. This move will help Fidelity deepen its foothold in the private market where it has a strong presence.

Shoobx offers automated equity management operations and financing software for private companies at all growth stages, up to and including an initial public offering (IPO). This is an area where Fidelity has a strong presence as well, with its Stock Plan Services division, a part of the company’s Workplace Investing Division. In its new capacity as a part of Fidelity, Shoobx will be able to provide a complete equity management solution to the private market.

Fidelity and Shoobx have been working together since the summer of 2019, and their offerings in this area have evolved over time. The financial details of the deal are not public, but it is clear that Fidelity is making a strategic move to gain a stronger foothold in the private market.

The acquisition of Shoobx by Fidelity Investments is a significant step in the direction of providing financial services to the private market. This will give Fidelity an opportunity to offer a comprehensive equity management solution to its clients that will be backed by its strong presence in the private market. With the acquisition of Shoobx, Fidelity is sure to gain further ground in the private market and help its clients gain access to newer and better services.

ByteDance Announces Hundreds of Job Cuts in China by 2022

• ByteDance, the parent firm of the social media platform TikTok, has cut hundreds of jobs across multiple departments by the end of 2022.
• These job cuts come as part of the company’s plans to streamline operations.
• ByteDance is one of the largest employers in china with a total workforce of over 100,000 employees worldwide.

TikTok parent company ByteDance has announced that it will be cutting several hundred jobs in China by the end of 2022. The move comes as part of the company’s plans to streamline its operations amid growing pressure from the Chinese government.

Employees at Douyin, the Chinese version of TikTok, which has over 600 million daily active users, have been affected by the layoffs. ByteDance is one of the largest employers in China with a total workforce of over 100,000 people. Despite its size, the job cuts represent a very small percentage of its total workforce.

The move comes as China’s tech sector has been facing major turbulence due to new policy changes implemented by the Chinese government. Companies such as Alibaba, JD.com, and Tencent have all been affected by the new policies and have been forced to make adjustments to their operations.

ByteDance is a privately owned company and thus does not have to publicly disclose any information related to its business. The job cuts come as the company is trying to streamline its operations and focus more on its core businesses. This could mean that the company may be looking to cut back on its non-core activities, such as its investments in other companies, in order to make itself more efficient.

The news of the layoffs comes as a major blow to the tech industry in China, which has been facing an uncertain future due to the new policies implemented by the government. It remains to be seen how these job cuts will affect the company’s long-term prospects, but it is clear that the company will have to make some major changes in order to remain competitive in the ever-changing tech landscape in China.

Morocco Set to Introduce Crypto Regulatory Bill in Coming Days

• Morocco is ready to introduce its crypto regulatory bill after collaboration with the International Monetary Fund, World Bank, Moroccan Capital Markets Authority, and Insurance Supervisory Authority and Social Security.
• Governor of Moroccan Central Bank, Bank Al-Maghrib, Abdellatif Jouahiri, has stated that the bill is ready and the country might see it released “in the following days.”
• After a series of numerous discussions, the bill is in its final stages and is being discussed with the different stakeholders.

Morocco is preparing to introduce its crypto regulatory bill in the coming days. This news comes after a series of numerous discussions and collaboration with the International Monetary Fund, World Bank, Moroccan Capital Markets Authority, and Insurance Supervisory Authority and Social Security.

The Governor of Moroccan Central Bank, Bank Al-Maghrib (BAM), Abdellatif Jouahiri, has stated that the project is ready and is now in the discussion stage with the different stakeholders. According to Jouahiri, this discussion is necessary to allow everyone to adhere to the project and make the most out of it. He further stated that the different chapters of the bill are completed and the bill is in its final stages.

The bill is being considered by the Moroccan capital market and insurance watchdogs, namely the Moroccan Capital Markets Authority (AMMC) and the Insurance Supervisory Authority and Social Security (ACAPS). Once the bill is finalized and approved, Morocco will become the first North African country to regulate the digital currency.

The final bill will include the regulation of crypto assets, how to report and keep records of crypto transactions, and the taxation of digital currencies. It will also address the issue of money laundering and other financial crimes using digital currencies.

As of now, there is no specific timeline for the release of the crypto regulatory bill, however, the authorities have assured that it will be released soon. This will be a major milestone for the African country, as it will become the first North African country to regulate digital currencies. With the introduction of this bill, it is expected that more cryptocurrency exchanges and businesses will enter the country and the crypto sector will witness an upsurge.

Eurozone Bearish: Global War, Inflation, & Pandemic Weigh In

1. European stocks are set to close 2022 on a bearish sentiment due to macroeconomic factors such as the ongoing Russia-Ukraine war, record high inflation, and tightening monetary policy.
2. The Euro to US dollar derivative has been below the ratio of 1 for the first time since the 2008 financial crisis in 2022.
3. The STOXX Europe 600 Index Continuous Contract is down approximately 12 percent in the past twelve months.

European stocks are set to close 2022 on a bearish sentiment as global markets prepare to close trading later today. The macroeconomic factors such as the ongoing Russia-Ukraine war, record high inflation, and tightening monetary policy have caused investors to become more bearish in their outlook for the Eurozone. The Euro to US dollar derivative has been below the ratio of 1 for the first time since the 2008 financial crisis in 2022, further exacerbating the situation. The STOXX Europe 600 Index Continuous Contract has been down approximately 12 percent in the past twelve months, providing further evidence of a bearish sentiment.

As the geopolitical tensions between Russia and Ukraine continue, investors are increasingly worried about the potential implications of an extended conflict. Inflation has also been on the rise in the Eurozone, which has resulted in a weakening of the currency. The European Central Bank (ECB) has been tightening its monetary policy in an attempt to combat inflation, but this has had the effect of further weakening the Euro.

Cryptocurrency and big tech companies from the United States have also been on a downward trend in the past twelve months, adding to the bearish sentiment in the Eurozone. Additionally, the current pandemic has had a negative impact on the European economy, leading to further economic uncertainty and investor pessimism.

Overall, it appears that the European stocks are likely to close the year 2022 on a bearish sentiment. Investors are likely to remain cautious in their outlook and are expected to remain wary of any potential risks that could further weaken the Eurozone economy. As the geopolitical tensions and inflation persist, it is likely that the bearish sentiment in the Eurozone will continue into 2023 and beyond.

VanEck Suspends Two Russia ETFs Amid Western Sanctions

• VanEck recently announced that it is suspending two Russia ETFs due to a lack of Western investment interest.
• The suspension is due to the Western sanctions against Russia, which have effectively prohibited major Russian stocks from trading in the West.
• VanEck cited the inability to buy, sell, and take or make delivery of Russian securities as the main reason for the suspension of the funds.

Investment firm VanEck has decided to suspend two Russia exchange-traded funds (ETFs) due to a lack of Western investment interest. The suspension comes at a time when Western sanctions against Russia are making it increasingly difficult for investors to make profits in the region.

The Russian market has taken a hit since the country invaded neighboring Ukraine, with Moscow’s stock market closing temporarily. Furthermore, the ongoing Western sanctions against Russia essentially prohibit its major stocks, including Gazprom, from trading in the West. This has resulted in a substantial lack of liquidity for the funds, forcing VanEck to make the difficult decision to liquidate its Russian ETFs.

In a press statement released on Wednesday, VanEck stated: “The Funds’ inability to buy, sell, and take or make delivery of Russian securities has made it impossible to manage the Funds consistent with their investment objectives. The Funds will not engage in any business or investments related to Russia from this point forward.”

VanEck’s decision to suspend its Russian ETFs is a reflection of the investment climate in the region. With the Western sanctions against Russia making it increasingly difficult for investors to make profits in the region, many Western investors have been staying away from the market. This has resulted in a substantial decrease in liquidity for the funds, making it impossible for VanEck to continue managing the funds.

The decision to suspend the funds will have a significant impact on the Russian market. With Western investors staying away, the liquidity in the market will be greatly reduced, which could lead to a decrease in the value of Russian stocks.

It remains to be seen how long the suspension of the funds will last. However, it is clear that VanEck’s decision will have a significant effect on the Russian market in the near future. With Western investors staying away, the liquidity in the market will continue to decrease, and the value of Russian stocks will likely continue to go down. In the meantime, investors will have to find other ways to make profits in the region.

Crypto Fraudster Arrested in Puerto Rico: Exploiter’s $110M Scheme Leaves Ripple Effect

• Avraham Eisenberg, an exploiter of Mango Markets, was recently arrested in Puerto Rico on charges of market manipulation and fraud.
• Eisenberg is accused of taking advantage of a loophole on the DeFi trading platform Mango Markets, resulting in him making away with $110 million worth of crypto.
• Eisenberg insists he and his team had only “operated a highly profitable trading strategy” and that they only carried out market actions legally permitted by the protocol.

Avraham Eisenberg, an exploiter of Mango Markets, was recently arrested in Puerto Rico on Monday and accused of market manipulation and fraud. Eisenberg is said to have taken advantage of a loophole on the DeFi trading platform Mango Markets, resulting in him making away with $110 million worth of crypto. This exploit took place during mid-October and caused the platform to become insolvent.

Eisenberg, however, has stood his ground on this incident and insists that he and his team had only “operated a highly profitable trading strategy”. He further claims that their actions were legally permitted by the protocol and that the charges against him are baseless. His arrest has naturally drawn reactions from the crypto community, particularly concerning the terms of the charges.

Eisenberg is being slammed with commodities fraud charges in relation to the MNGO case. This is an interesting development, as most cases involving crypto have previously been handled as securities fraud, rather than commodities fraud. This could imply that authorities may be looking to expand the scope of their investigations when it comes to crypto-related crimes.

It is important to note that this case could have a ripple effect on the cryptocurrency industry. This is because it could set a precedent for how future cases of crypto-related fraud and exploitation will be handled. It could also have implications for how crypto exchanges and platforms are regulated in the future.

It remains to be seen what the outcome of this case will be and what kind of implications it will have for the industry. Nevertheless, it is clear that this case is one to watch closely as it could potentially shape the future of crypto.

European Stock Markets Slip as Investors Remain Cautious of Headwinds

• The recent European market slip indicates that investors remain cautious about the potential macroeconomic headwinds next year.
• The pan-European Stoxx 600 index closed marginally lower than the flatline on Wednesday amid a broader market slip.
• The European Stoxx 600 began Thursday’s session down 0.5% in early trade, while food and beverage stocks dipped 1% to lead losses.

The European stock markets have been slipping in recent weeks, a sign of caution among investors about the potential macroeconomic headwinds that may come in the next year. On Wednesday, the pan-European Stoxx 600 index closed marginally lower than the flatline, suggesting a lack of investor confidence in the markets. This lack of confidence was further evidenced by the fact that the Stoxx 600 is trading down more than 12% year-to-date (YTD).

The European markets have been in a precarious position for some time now. Investors have been wary of the possibility of high inflation and central banks’ fiscal policy tightening. In addition, there is a growing concern of the impact of a global recession on the markets in 2023.

This sentiment of caution continued into Thursday’s session, as the European Stoxx 600 began the day down 0.5%. All sectors were trading in the red, with food and beverage stocks leading the losses after dropping 1%. This trend of a European market slip comes after a similar one in the Asia-Pacific markets.

It remains to be seen how the European markets will fare in the coming weeks and months. With uncertainty regarding inflation and recession headwinds, investors will need to remain vigilant in order to make the best decisions possible for their portfolios. In the meantime, the markets will likely remain volatile, so investors should take caution when making any major investments.