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Bitcoin will emerge stronger after stocks dip ‘10%–20%’ — Bloomberg analyst

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  Bitcoin will emerge stronger after stocks dip ‘10%–20%’ — Bloomberg analyst Federal Reserve policy should mean markets see a long-awaited comedown of up to one-fifth, says Bloomberg Intelligence’s Mike McGlone. Bitcoin ( BTC ) will soon no longer be a risk asset, and investors should brace for a fresh price correction, says one of Bloomberg’s best-known analysts. In an appearance on the  Wolf Of All Streets  podcast on Jan. 18, Mike McGlone, senior commodity strategist at Bloomberg Intelligence,  sounded the alarm  on global markets’ “up only” narrative. McGlone: Bitcoin “least risky” crypto bet As Bitcoin struggles in 2022, those hoping for a dramatic return to form will be disappointed by McGlone’s mid-term forecast. The United States Federal Reserve, he said, will all but guarantee an end to the limitless gains for stocks — and crypto, naturally correlated, will suffer too. “The number one theme I’ve been using for months now is ‘Do not fight the Fed,’” he ...

Cryptocurrency ATMs Close Down in Singapore Following Central Bank's Announcement

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  Cryptocurrency ATMs Close Down in Singapore Following Central Bank's Announcement Cryptocurrency ATMs have closed down in Singapore following the guidelines issued by the central bank, the Monetary Authority of Singapore (MAS). “To comply with the sudden announcement, we have ceased to offer buy or sell services via our five ATMs while seeking further clarification from the MAS,” said one crypto ATM operator. Crypto ATMs Shut Down in Singapore to Comply With the Central Bank’s Guidelines Cryptocurrency ATMs are closing down in Singapore to comply with new regulations published Monday by the central bank, the Monetary Authority of Singapore (MAS). Singapore’s biggest cryptocurrency ATM operator, Daenerys & Co., told Bloomberg Tuesday that it has ceased services to comply with the MAS request, adding: MAS’s new guidelines regarding ATMs were an unexpected surprise. The company operated five crypto ATMs, mostly located in malls around Singapore. The machines allow customers to b...

Black Girl Ventures On Celebrating Community

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  Black Girl Ventures On Celebrating Community Jennifer Mattson, eBay News Team Share on Facebook Share on Twitter Share on LinkedIn Share on other services Our eBay Foundation grantee creates social and financial capital for Black and other women of color founders. Black Girl Ventures  (BGV) supports Black and other women of color to grow their businesses and helps take them to the next level. By providing access to social and financial capital, through crowdfunded pitch competitions and coaching, they are building a community of founders. “Entrepreneurship is a pathway to stabilize communities and strengthen families,” said BGV’s chief operating officer Dasan Ahanu. “For us, creating a more equitable society is not lofty language. The way that we work means we get to see the impact on these founders.” What makes BGV’s model unique is their focus and commitment to community – specifically by authentically supporting the communities where their founders live and work. These co...

Spotlighting the 2021 Winners of eBay’s Entrepreneurship Awards

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  Spotlighting the 2021 Winners of eBay’s Entrepreneurship Awards eBay News Team Share on Facebook Share on Twitter Share on LinkedIn Share on other services eBay recognizes and honors our outstanding global sellers for their pioneering, entrepreneurial spirit. This year’s recipients of our eBay entrepreneurship awards hail from all over the world and all share unique, inspiring stories from our global marketplace. The awards celebrate entrepreneurs who have used eBay’s tools and platform to enter the global economy and build high-impact businesses, while focusing on sustainability, refurbished goods and creating businesses with purpose. These sellers are exporters with reach, selling everything from clothing and used electronics to car parts. We want to recognize six of those sellers who best exemplify eBay’s commitment to empower people and create economic opportunity. Here are the stories of those six entrepreneurs living in Canada, the U.K., Germany, Colombia, Israel and Hong K...

21 for ‘21: The eBay Listings That Went Viral This Year

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  21 for ‘21: The eBay Listings That Went Viral This Year Share on Facebook Share on Twitter Share on LinkedIn Share on other services A look back at the rare, the unique and the exceptional items in 2021 As the year comes to a close, I look forward to our tradition of sharing a retrospective of the most interesting sales across our marketplace. 2021 was a year in which shoppers got creative amidst scarcity and shipping challenges, and there were certainly no shortages when it came to a list of interesting items. eBay reflects the cultural zeitgeist, and what’s trending out in the world almost always translates to activity on our site.   This year’s list is nothing short of remarkable. We saw a collectible crochet congressman raise $40,000 for Meals on Wheels, the Queen of England’s gaming console fetch $300,000 and a pair of Michael Jordan autographed kicks listed for $250,000. These “best of” listings provide a moment-in-time snapshot of eBay’s extraordinary inventory —...

eBay Named as a Best Place to Work in 2022 by Glassdoor

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  eBay Named as a Best Place to Work in 2022 by Glassdoor The annual award is based on employee reviews about key workplace factors, such as career opportunities, work/life balance and culture. Every day at eBay , we celebrate the hard work and dedication of our employees who are behind each innovation on our global marketplace. Today, we’re excited to share that eBay has been honored with an 2022 Employees’ Choice Award by Glassdoor, recognizing it as a best place to work among U.S. companies with more than 1,000 employees.  “As we welcome in the new year, I’m thrilled by this award, which affirms the commitment we have to our employees,” said eBay’s Chief People Officer, Cornelius Boone. “Our goal is to ensure all employees feel supported and valued, as part of our overall purpose to empower people everywhere. We strive to foster a welcoming and inclusive environment where employees can learn, grow and thrive.” To determine the award winners, Glassdoor evaluated all company ...

A Lightweight Distributed Architecture to Handle Thousands of Library Releases at eBay

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A new lightweight distributed architecture is proposed and applied on eBay ’s release system to support thousands of libraries release work in high efficiency. On eBay , there are lots of scenarios that require a distributed system. A typical use case is when a large amount of libraries are release. There are more than 3,000 legacy libraries still built by the old build system based on Ant, which is no longer supported. These libraries are now being migrated to a mavenized source code following standard maven development experience. After code migration, a new release solution is needed to support the periodical release of all libraries, which needs to be lightweight, scalable, stable and fast. To achieve this, the following challenges should be resolved. Challenges The prerequisite of one library release is that all the dependencies of it must have been released already, but considering the large number of candidate libraries and the complicated dependency relationships in each other,...