Crypto Daily Report – December 10
Dec 10, 2021
body div center ul, body div center li { font-size: 22px; margin-left: 10px !important; margin-right: 0 !important; Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Updates from FSInsightDecember 10, 2021The total crypto market is trading down almost 4% over the past 24 hours with Bitcoin down 2% and Ethereum down 5.5%. The ETH/BTC pair is taking a breather after recently making a multi month high and is down over 2.5%.This week WhatsApp, the popular messaging service owned by Meta, announced that it's integrating crypto payment features. The new features will be supported by Novi, Meta's digital wallet service, and will allow users to conduct transfers in USPD - the US dollar stablecoin issued by Paxos. Paxos operates as a trust company in the state of New York and backs USPD with cash and cash equivalents.This morning, an executive board member of the European Central Bank published his thoughts on crypto. "On the whole, it is difficult to see justification for the existence of crypto-assets in the financial landscape." Fabio Panetta went on to claim that crypto negatively impacts society via mining's impact on the environment, criminal's use of crypto payments, and lack of investor protections.Dail