Aurelia Butler

Bybit, the world’s second-largest crypto exchange by trading volume, is pleased to announce the appointment of seasoned banker Shunyet Jan to head its derivatives division. This appointment underscores Bybit’s commitment to investing in talent that drives innovation and sustains its leadership in its derivatives business.Supporting Growth Amidst Industry ChangesShunyet Jan joins Bybit during a transitional time in the crypto industry, where regulatory landscapes are shifting, and new opportunities are emerging. With his decades-long expertise spanning both traditional and digital markets, Shunyet is positioned to lead Bybit’s derivatives division into its next phase of growth.In his new role, Shunyet will oversee the growth of Bybit’s derivatives business, which includes perpetuals, futures, and options. With his extensive experience in both Wall Street and high-frequency trading in Asia, Shunyet will help refine Bybit’s offerings to meet the evolving demands of institutional and retail traders alike. His leadership will be instrumental in further solidifying Bybit’s position as a market leader, offering products designed for a rapidly advancing crypto space.Shunyet’s career began on Wall Street, where he held key positions at various investment banks, specializing in program trading, ETFs, and index arbitrage. His transition to Asia led him into the fast-paced world of algorithmic and high-frequency trading, before eventually turning his focus to institutional crypto markets. His cross-disciplinary experience across traditional and digital finance makes him a valued leader as Bybit continues to bridge the gap between the two worlds.Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle (NYSE:ORCL) Red Bull Racing team.For more details about Bybit, readers can please visit Bybit Press For media inquiries, readers can please contact: [email protected] more information, readers can please visit: https://www.bybit.comFor updates, readers can please follow: Bybit’s Communities and Social MediaContactHead of PRTony [email protected] article was originally published on Chainwire More

His tweet comes as Bitcoin has printed a rise to regain the $63,000 level over the past 24 hours. It even managed to come really close to retaking $64,000.Since Wednesday last week, BTC has demonstrated a price rise of 6.20% as it has gone up from the $60,000 level to $63,800 earlier today. By now, though, BTC has dipped to $63,520 and is changing hands at this price mark.Bitcoin has shown a 3% growth since Friday as the US jobs report that was published significantly surpassed the expectations of economists and analysts, thus making way for funds to start flowing into risk assets, which many traditional investors consider Bitcoin to be.Commenting on a tweet by hedge fund manager Kyle Bass saying that Satoshi is a “Chinese intelligence operation,” Mow tweeted that he was working in China in 2009 – the year, when BTC was launched. After that, he “managed the biggest Bitcoin exchange in China”.Mow tweeted that if one looks at the way the name Satoshi Nakamoto and the word China are spelled in hieroglyphs, the very first character in both will be the same. “It’s just can’t be coincidence,” Mow concluded.Kyle Bass suggested that China’s intelligence service deliberately created Bitcoin in order to undermine the US economic supremacy in the world reached thanks to the strength of the US dollar.These discussions have been going on social media over the past week ahead of the HBO Satoshi documentary release this Tuesday, in which the creators hinted they would disclose the real identity of the mysterious Bitcoin inventor.This article was originally published on U.Today More

The financial markets, including Bitcoin, may become more volatile as a result of these events. Why does Bitcoin care about this? The sensitivity of Bitcoin and other cryptocurrencies to macroeconomic data is growing particularly because investors are using them as a hedge against inflation and currency devaluation. The Fed’s position on interest rate inflation and the state of the economy as a whole will become clear with the release of its minutes. Higher interest rates often cause investors to gravitate toward more conservative assets, so if the minutes show a hawkish tone suggesting more rate hikes, Bitcoin may suffer. When assessing the level of inflation in the U.S., the CPI and PPI data will be essential. More aggressive tightening measures by the Federal Reserve may follow from a higher-than-expected PPI or CPI, which could indicate persistent inflation. Such acts might increase the volatility of risky assets like Bitcoin. Additionally, initial unemployment claims will provide a glimpse into the U.S. labor market. A more fragile labor market might lead the Fed to reduce its rate hikes, which would be good news for Bitcoin. Watch out for important levels and potential volatility. Bitcoin’s price is probably going to be more volatile because of impending events. Investors should pay special attention to the following key levels: at $63,000, Bitcoin is getting close to a crucial resistance level. The price could move toward the next target of $65,000 if there is a breakout above this level. Strong support at $60,000 is a critical level of support when things are trending negative. The next support level at $58,000 could be the source of panic selling if this level is broken. Expect Bitcoin to spike in response to any surprises in the Fed minutes or inflation data as Oct. 9 draws near.This article was originally published on U.Today More

By tapping into blockchain technology, Polkadot makes cross-chain connections and digital asset ownership possible, changing the way gamers engage with and benefit from their in-game achievements.Unlike traditional gaming ecosystems, where in-game items are often locked and limited to a single title, Polkadot allows for the creation and exchange of non-fungible tokens (NFTs) that players can trade across different games and decentralized marketplaces.Polkadot’s focus on interoperability means that these digital assets can move between multiple blockchain networks, which allows players to use their NFTs or tokens beyond a single game. Polkadot’s cross-chain capabilities enable communication between different blockchain systems. In play-to-earn gaming, this means that digital assets, such as NFTs earned in one game, can be used or traded in another, which creates a connected ecosystem of games where assets retain their value across platforms.For example, in games like NFL Rivals, Polkadot’s modular architecture supports the in-game economy by enabling the transfer and trade of player NFTs. This functionality not only adds to the gameplay experience but also creates a scalable economic model that could expand to include more games in the future.NFL Rivals is a clear example of how Polkadot is influencing the evolution of mobile sports gaming. By incorporating Polkadot’s blockchain technology, NFL Rivals allows players to collect and trade digital assets like player NFTs. These assets are stored on the Mythos Chain and can be bought, sold, or exchanged on secondary marketplaces.The use of Polkadot’s technology in NFL Rivals also enables players to manage teams, participate in football matches, and profit from their in-game investments, all while benefiting from the cross-chain functionality that Polkadot offers. More