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The S&P 500 sustained its fifth day of losses yesterday, Decem | Coinspeaker

The S&P 500 sustained its fifth day of losses yesterday, December 7th, as traders pondered the likelihood of a recession. The S&P 500 declined 0.9% to 3,933.92, while the Nasdaq Composite also suffered marked losses.

American multinational financial technology company PayPal Holdings Inc is expanding its reach into the European Union with the launch of a crypto trading service in Luxembourg.

Binance US has officially extended its “zero fee” policy to Ethereum. According to the official announcement, the policy will take immediate effect, meaning that users may now trade four ETH spot market pairs without incurring any transaction fees.

On Wednesday, Elon Musk briefly ceded his position as the world’s richest person to LVMH CEO Bernard Arnault. According to Forbes, Musk temporarily lost the “world’s richest” title after a substantial drop in his Tesla value.

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