Author: dfmines

Payments behemoth PayPal is expanding their crypto personnel. The company is reportedly hiring over 100 crypto-related employees as consumer crypto demand continues to grow. Over the past week, PayPal has been in continued conversations around growing it’s crypto services. A Lot Of Shoes To Fill While a majority of the job listings are in the U.S., there are a variety of positions across the globe – including five listings in Tel Aviv, seven in Guatemala City, and six between Dublin and Dundalk. Stateside, over twenty listings are in California, with another fourteen in New York and a dozen in Austin, TX. There’s a variety of positions in other U.S. cities as well. Roles run the gambit, as well. Positions include anything from Enterprise Risk Managers and Operations Managers, to Legal Directors and Engineers – both on web and mobile. A number of the roles are for PayPal’s online money transfer service, Xoom, and for mobile payments app Venmo. PayPal looks to continue investment in building it’s crypto infrastructure, now bringing on a substantial amount of new team members across the globe. | Source: NYSE: PYPL on TradingView.com Related Reading | On-Chain Expert Predicts $162K Bitcoin Peak This Cycle Crypto “Super App” & More From PayPal Crypto development and expansion for PayPal seem to be on the up and up. During the company’s second-quarter earnings call, CEO Dan Schulman stated that “the initial version of our new new consumer wallet super app is code complete and we are now beginning to slowly ramp.” Schulman added that features will likely include “high-yield savings, early access to direct deposit funds, new and improved bill pay functionality, messaging capabilities outside of P2P to enable family and friend communications” and more. Crypto expansion is clearly in full swing. Another note from Schulman on the recent earnings call was that crypto services in the U.K. could be unrolled as early as later this month. Last month, the firm also removed their annual purchase limit on crypto, and raised their weekly limit to $100K. The bumps were substantial previous weekly limit was $20K, and previous annual limit was $50K. These moves look to be the start of more aggressive maneuvers for PayPal in crypto. “We’re right in the middle of some open banking integration,” Schulman noted on the earnings call, which would “increase the ability to fully integrate it into ACH and do faster payments.” The new crypto job listings come right on the cusp of PayPal competitor Square releasing strong year-over-year growth in bitcoin revenue and profits. PayPal crypto launched in October 2020. Shortly after launch, U.S. customers were able to buy, sell and store Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Could more global access be on the horizon for PayPal customers? Related Reading | “The Death Of China’s Bitcoin Mining Industry,” 7 Takeaways From The Article Featured image from Pixabay, Charts from TradingView.com

SkyBridge Capital has purchased 38,436 tons of tokenized carbon offsets.

Everytime I share the karma I've earned in past month, a series of people ask about how to check it and replying to everyone individually and getting upvotes and being happy about helping someone feels really good and IK alot might still not know how to do it. So thought this might help newbies in…
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Pop starlet Miley Cyrus was spotted performing at an extravagant private birthday party for actress Gabriela Novogratz, the daughter of Galaxy Digital CEO Mike Novogratz.

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Ethereum remained well bid above the $2,500 zone against the US Dollar. ETH price must stay above $2,400 for upside continuation in the near term. Ethereum struggled to clear the $2,650 resistance and corrected lower. The price is still trading above $2,500 and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $2,460 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to start a fresh increase unless there is a clear break below $2,400 in the near term. Ethereum Price is Holding Key Support Ethereum started a fresh increase above the $2,600 level, outpacing bitcoin. ETH price even broke the $2,650 resistance, but there was no real bullish momentum. A high was formed near $2,666 before the price corrected lower. It broke the $2,600 support level, but it is still well above $2,500 and the 100 hourly simple moving average. There was a break below the 50% Fib retracement level of the upward move from the $2,510 swing low to $2,666 high. The price is now testing the $2,550 support zone. It is near the 76.4% Fib retracement level of the upward move from the $2,510 swing low to $2,666 high. There is also a crucial bullish trend line forming with support near $2,460 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com On the upside, the first key resistance is near the $2,600 level. The main resistance is now forming near the $2,650 level. A clear break and close above $2,650 might start another steady increase. In the stated case, the price could revisit the $2,700 level. More Losses in ETH? If ethereum fails to continue higher above $2,620, it could extend its decline. An immediate support on the downside is near the $2,520 level. The next major support is near the $2,510 level and the 100 hourly simple moving average. The main support is now forming near the trend line and $2,450. A clear downside break below the $2,450 support zone could lead the price towards the $2,350 support. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly gaining pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is now close to the 40 level. Major Support Level – $2,450 Major Resistance Level – $2,650

PRESS RELEASE. Blockchain venture capitalist firm Nodeseeds has announced the launch of a three-tier membership system to democratize its investment process. Nodeseeds revealed further details in a blog post on its medium page. Fair Allocation Tier System According to the post, Nodeseeds stated that the tiers were designed to ensure fair allocation of bonuses to […]

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Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020.