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Paxos

Chainlink and Paxos Forge Alliance to Boost PayPal USD AdoptionChainlink and Paxos have joined forces to bolster the utilization of PayPal USD ( SEED_DONKEYDAN_MARKET_CAP:PYUSD ). This strategic alliance aims to leverage Chainlink's robust infrastructure and Paxos' expertise in stablecoin issuance to propel SEED_DONKEYDAN_MARKET_CAP:PYUSD into the forefront of on-chain transactions. By introducing the SEED_DONKEYDAN_MARKET_CAP:PYUSD Chainlink Price Feed on the Ethereum mainnet, the partners are set to revolutionize the landscape of tokenized real-world assets (RWAs) and pave the way for scalable on-chain finance solutions. Integration of Chainlink Price Feed: The integration of Chainlink's Price Feed for SEED_DONKEYDAN_MARKET_CAP:PYUSD heralds a new era of transparency, reliability, and decentralization in accessing market data for the PayPal USD stablecoin. With a focus on delivering highly accurate insights, this alliance empowers users with the necessary tools to engage in online transactions securely. By harnessing data from premium aggregators and deploying secured node operators, Chainlink ensures the integrity of PYUSD data on-chain, thereby laying the groundwork for widespread adoption and liquidity generation. Advancing Tokenized Real-World Assets: Beyond facilitating seamless transactions, the collaboration between Chainlink and Paxos underscores a shared commitment to advancing tokenized real-world assets. By providing a trusted framework for integrating SEED_DONKEYDAN_MARKET_CAP:PYUSD into decentralized ecosystems, the partners are poised to unlock new opportunities for billions of users worldwide. Moreover, the utilization of Chainlink Price Feeds not only enhances the credibility of SEED_DONKEYDAN_MARKET_CAP:PYUSD but also strengthens the broader ecosystem of stablecoin-based initiatives. Navigating Regulatory Challenges: While the launch of SEED_DONKEYDAN_MARKET_CAP:PYUSD marks a significant milestone in the evolution of stablecoins, it is not without its regulatory challenges. Amid concerns from U.S. lawmakers regarding the absence of a comprehensive crypto regulatory framework, the path to mainstream adoption remains fraught with uncertainties. However, the collaborative efforts of Chainlink and Paxos exemplify a proactive approach towards addressing regulatory concerns and fostering a conducive environment for innovation in the crypto payments landscape. Driving Interoperability with CCIP: In tandem with their efforts to promote PYUSD adoption, Chainlink continues to champion interoperability within the crypto ecosystem. Through initiatives such as the Cross-Chain Interoperability Protocol (CCIP), Chainlink has forged strategic partnerships with industry leaders like Circle to facilitate seamless cross-chain transfers. By integrating Circle's Cross-Chain Transfer Protocol (CCTP) into CCIP, Chainlink is bridging the divide between disparate blockchain networks, thereby unlocking new avenues for collaboration and growth. Conclusion: The collaboration between Chainlink and Paxos represents a pivotal moment in the evolution of stablecoin adoption and on-chain finance. By harnessing the power of Chainlink's Price Feeds and Paxos' stablecoin expertise, the partners are poised to redefine the future of online transactions and tokenized real-world assets. As regulatory frameworks continue to evolve, initiatives like PYUSD underscore the transformative potential of stablecoins in reshaping the global payments landscape. With Chainlink leading the charge towards interoperability and Paxos driving innovation in stablecoin issuance, the stage is set for a new era of decentralized finance powered by collaboration and technological innovation.
NASDAQ:PYPLLong
by DEXWireNews
#PAXG/BTC 3D (Binance) Descending wedge on supportPax Gold printed a dragonfly doji and looks ready for mid-term recovery towards 50MA, in sats. ⚡️⚡️ #PAXG/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 13.1% Current Price: 0.05392 Entry Targets: 1) 0.05301 Take-Profit Targets: 1) 0.06309 Stop Targets: 1) 0.04897 Published By: @Zblaba LSE:PAXG BINANCE:PAXGBTC TVC:XAU TVC:GOLD paxos.com/paxgold Risk/Reward= 1:2.5 Expected Profit= +19.0% Possible Loss= -7.6% Estimated Gaintime= 2-3 months
Long
by TradingOn
$PAXG/USDT 1D (#Bybit) Rising wedge breakdown and retestPaxos Gold just printed a double top + bearish engulfing, looks ready for a leg down towards 50MA support. ⚡️⚡️ #PAXG/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (12.0X) Amount: 8.6% Current Price: 2010 Entry Targets: 1) 2023 Take-Profit Targets: 1) 1945 Stop Targets: 1) 2062 Published By: @Zblaba LSE:PAXG #PAXGUSDT #Paxos #Gold #PaxGold #XAU #PreciousMetal paxos.com Risk/Reward= 1:2 Expected Profit= +46.3% Possible Loss= -23.1% Estimated Gaintime= 3-4 weeks
Short
by TradingOn
4
$PAXG/BTC 2D (#Binance) Ascending wedge on supportPaxos Gold suddenly pulled back to 100EMA and RSI looks oversold, a bounce seems likely. This is obviously due to Bitcoin recent recovery, let's hedge our Satoshi bag here! ⚡️⚡️ #PAXG/BTC ⚡️⚡️ Exchanges: KuCoin, Binance Signal Type: Regular (Long) Amount: 12.4% Current Price: 0.08973 Entry Targets: 1) 0.08915 Take-Profit Targets: 1) 0.09987 Stop Targets: 1) 0.08198 Published By: @Zblaba Risk/Reward= 1:1.5 Expected Profit= +12.0% Possible Loss= -8.0%
Long
by TradingOn
2
$PAXG/BTC 12h (#BinanceSpot) Ascending channel on supportPaxos Gold is pulling back and retesting 100EMA where it is likely to bounce and continue bullish, let's hedge crypto! If you know how to Margin trade, you can use up to 2x for that set-up Current Price= 0.04565 Buy Entry= 0.04553 - 0.04381 Take Profit= 0.05023 | 0.05473 | 0.05972 Stop Loss= 0.04096 Risk/Reward= 1:1.5 | 1:2.71 | 1:4.03 Expected Profit= +12.45% | +22.52% | +33.63% Possible Loss= -8.31% Fib. Retracement= 0.5 | 0.883 | 1.272 Margin Leverage= 1x | 2x Estimated Gain-time= 5 weeks Tags: #PAXG #PAXGBTC #PaxGold #Paxos #Gold #XAU #PreciousMetal Website: paxos.com Contracts: #ERC20 0x45804880de22913dafe09f4980848ece6ecbaf78 #BEP20 0x7950865a9140cb519342433146ed5b40c6f210f7 #BEP2 PAXG-9B2
Long
by TradingOn
PAXG/BTC 12h (Binance Spot) Descending channel on support#PaxGold is a digital asset where one token is backed by one fine troy ounce of gold bar. Right now price is holding on parallel channel support, I believe it's a great opportunity to hedge some Bitcoin after such bull run! Current Price= 0.14543 Buy Entry= 0.14300 - 0.14628 Take Profit= 0.15235 | 0.16302 | 0.16798 Stop Loss= 0.13693 Risk/Reward= 1:1 | 1:2.38 | 1:3.03 Expected Profit= +5.33% | +12.71% | +16.14% Possible Loss= -5.33% Fib. Retracement= 0.236 | 0.5 | 0.618 Margin Leverage= 1x Estimated Gain-time= 720h PS: Fibonacci 0.786 at 0.17576 BTC with R/R= 1:4 would be an even better last target if you're up to it...
Long
by TradingOn
Paxos Standard Is Ready To Move 40% or up to 112%Paxos Standard (PAXBTC) is now showing multiple bullish signals and a clear bullish breakout is about to take place. Let's start by looking at the chart patterns and signals. 1) We have the "Cup pattern", which is bullish in nature. 2) We also have the "3 Heads pattern" which is also known as "Inverse Head & Shoulders", also bullish. For the chart signals... 1) Prices recently conquered EMA10 and now moving above EMA50 (big bold magenta line). 2) Bullish divergence with indicators. 3) Increasing green volume with a bullish MACD. 4) RSI Trending up strong. All these are pointing up. If Bitcoin continues to drop, Paxos Standard will continue to move up and vice versa. This is not financial advice. Remember to always diversify between exchanges, pairs, and trading types to reduce risks and maximize profits. Always take your time before jumping into any trade/pair, there are always more and more opportunities developing. We saw many really strong opportunities just a few months ago... We can literally forget those since many new opportunities are now showing up. When one door closes, another one opens up with the contents in it better than before. Remember to hit LIKE to show your support. Namaste.
PLong
by AlanSantana
3
Paxos Standard Bullish | Full Analysis Long-term Targets (400%+)About Paxos Standard Paxos Standard (PAX) is a stablecoin that allows users to exchange US dollars for Paxos Standard Tokens to 'transact at the speed of the internet'. It aims to meld the stability of the dollar with blockchain technology. Paxos, the company behind PAX, has a charter from the New York State Department of Financial Services, which allows it to offer regulated services in the cryptoasset space. -- Paxos Standard (PAXBTC) is now looking bullish and trading above EMA10, let's have a closer look at this chart. My attention was directed at Paxos two days ago, my eyes just stopped on the pair and I opened up the chart... Right away I started to think that this might go up so I took the time to find out why. Now, this is a stablecoin and Bitcoin is looking bearish, so this is likely to go up... The next day I see a huge green candle and here we are. Now, my suspicions became true and PAXBTC has multiple bullish signals in the making, let's take a look. First, when PAXBTC bottomed, BTCUSD peaked. This can tell us that these pairs are moving inverse to each other. Prices for PAXBTC conquered EMA10 and challenged EMA50. A clear reversal candlestick/signal was printed in the second week of Feb. So now we have Bitcoin aiming lower while Paxos Standard is aiming higher. All the support and resistance levels have been fully and clearly marked on the chart with Fibonacci proportions. The light blue area I call the "decision point". Above this level, we look bullish while below it is bearish. (Note: Prices can drop all the way down to 0.00009473 and we remain bullish if there is a bounce. If prices move and close below 0.00009473 then the above signals become invalid and the chart becomes bearish). With all these signals in place and a strong and beautiful chart, we can say that Paxos vs Bitcoin hit bottom and is getting ready to grow. Remember to always have a plan and if you decide to trade use a stop-loss. Namaste.
PLong
by AlanSantana
13