USDT IS BANNED IN EUROPE: WHAT SHOULD INVESTORS DO?

#TrendingTopic
Within the scope of the European Union (EU) Crypto Asset Markets (MiCA) regulations, stablecoins such as Tether (USDT) are on the agenda to be banned in Europe. MiCA is a framework established to regulate and supervise crypto assets and requires stablecoin issuers to meet certain licensing and compliance requirements in order to operate in the EU.

Due to USDT’s failure to meet these requirements, it is expected to be removed from crypto exchanges in Europe as of December 30, 2024. This may require investors to re-evaluate their portfolios and turn to alternative stablecoins. MiCA-compliant stablecoins, such as USD Coin (USDC), in particular, can be a safe haven for investors.

Tether CEO Paolo Ardoino stated that the company focuses on the practical use of USDT and Bitcoin, and that negative news can be considered a positive signal for its tokens.

In light of these developments, investors may review their portfolios and consider switching to stablecoins that are compliant with MiCA regulations. In addition, it is important to closely follow the regulations in the crypto asset market and be prepared for possible future changes.

As a result, the new regulations of the EU lead to significant changes in the crypto asset market. It is critical for investors to adapt to these changes and organize their portfolios accordingly in order to minimize possible risks.

#binance #escoin #elg $BTC

IDENTITY VERIFICATION IN CRYPTOCURRENCIES - TURKEY
#binance #escoin #elg #xrp #BTC🔥🔥🔥🔥🔥
Turkey has introduced new cryptocurrency regulations to combat money laundering and the financing of terrorism. According to the regulations published in the Official Gazette, users will be required to provide their identity information to crypto service providers for transactions exceeding 15,000 Turkish Lira (approximately $425).
These regulations are inspired by international practices such as Europe's Markets and Crypto Assets (MiCA) framework. Turkey's crypto market ranks fourth in the world with a trading volume of $170 billion as of September 2023.
The new regulations will come into force on February 25, 2025. From this date onwards, crypto service providers will also verify the identity of transactions coming from previously unregistered wallet addresses. If the required information is not provided, such transactions may be classified as “risky” and may be stopped.

In 2024, increased activity was observed among crypto firms in Turkey. The Capital Markets Board (SPK) received 47 license applications until August. These applications increased after the “Law on Amendments to the Capital Markets Law”, which entered into force in July and provides a regulatory framework for crypto asset service providers.

As a result, Turkey’s new crypto regulations are an important step in the fight against financial crimes and aim to create a safer and more transparent environment in the sector.

Sources:
• Cointelegraph. “Turkey introduces stricter crypto AML regulations.” December 25, 2024. 
• CoinEdition. “Turkey Rolls Out Tougher Crypto Rules to Prevent Money Laundering and Terrorism Financing.” December 25, 2024. 
• CoinJournal. “Turkey rolls out new crypto AML regulations.” December 25, 2024.

THE FUTURE OF FINANCE: TOKENIZATION REVOLUTION
WHAT IS CRYPTO ASSET? WHAT IS ACTUALLY HAPPENING?
#elg #escoin #xrp #doge #uma
#Crypto Market Year-End Predictions#
BlackRock CEO Larry Fink states that tokenizing assets and securities could revolutionize the finance sector. Fink emphasizes that tokenization could enhance transparency in the financial system and reduce problems such as money laundering.
Tokenization refers to the transfer of traditional assets to the blockchain through digital tokens. This process enables assets such as stocks, bonds, real estate, and artwork to be represented in a digital environment. As a result, investors can invest in these assets with smaller amounts, liquidity increases, and transaction costs decrease. 
Fink, emphasizing the potential of Bitcoin to serve as an 'international asset' and create a revolution in the financial system, highlights its ability to provide protection against inflation. BlackRock's Bitcoin ETF application also demonstrates its interest in this field. 
Tokenization provides speed and efficiency in financial transactions, while expanding the investor base to increase financial participation. In addition, thanks to blockchain technology, transactions become more secure and transparent. This transformation has the potential to fundamentally change the functioning of financial markets.
As a result, tokenization of assets is opening the doors to a new era in the financial sector. This innovation provides important opportunities for investors and institutions by ensuring that financial transactions are more democratic, transparent, and efficient.
#GateOpinionQuest#
#gateio# #escoin# #elg#
- The information in this article is never investment advice and is for accurate and up-to-date information purposes. STAY AWAY FROM SPECULATION, FOLLOW FOR SCIENTIFIC ARTICLES ❗️ Be sure to do your own research ❗️

#XmasCryptoMiracles
US STATES PLAN TO CREATE STRATEGIC BITCOIN RESERVES

Several states in the United States are considering creating strategic Bitcoin reserves to increase financial stability and protect against inflation. Pennsylvania Representative Mike Cabell has introduced a bill that would invest up to 10% of state funds in Bitcoin. Cabell said the move would be a hedge against inflation.

Similarly, Ohio Representative Derek Merrin has introduced a bill called the “Ohio Bitcoin Reserve Act.” The bill would establish a Bitcoin reserve fund within the state treasury and temporarily invest public funds in Bitcoin. Merrin said the initiative aligns with Ohio’s goals of supporting innovation in crypto assets and protecting public funds from depreciation.

According to an analysis by asset management firm VanEck, if the US were to create 1 million Bitcoin reserves, the national debt could be reduced by 35% by 2049. This estimate is in line with a proposal by Senator Cynthia Lummis.

However, these initiatives have also faced some criticism. Critics argue that Bitcoin’s price volatility could put public funds at risk and that such an investment could pose potential risks to taxpayers.

🔥🔥🔥 As a result, while state-level Bitcoin reserves are gaining momentum in the US, debate continues over whether these steps will provide financial stability and protection against inflation❗️

#escoin #elg

RIPPLE and RLUSD STABLECOIN

#MarketRebound #elg #escoin #Xrp🔥🔥 #btc
Ripple has launched its new stablecoin, RLUSD, which is backed one-to-one by the US dollar. The asset aims to increase access to the decentralized finance (DeFi) ecosystem by operating on the XRP Ledger and Ethereum blockchains.
RLUSD has proven its regulatory compliance by receiving approval from the New York Department of Financial Services (NYDFS). Ripple CEO Brad Garlinghouse described the development as “a stablecoin launched under the highest regulatory standards in the world.”
Initially listed on exchanges such as Uphold, Bitso, MoonPay, Archax and CoinMENA, RLUSD plans to be available on more platforms in the future. It is also expected to be integrated into the Ripple Payments network in early 2025, providing speed and cost advantages in institutional payments.

Analysts say that RLUSD could put Ripple in a competitive position in the stablecoin market and challenge existing players like Tether.

As a result, the launch of RLUSD has the potential to increase Ripple’s influence in the DeFi space, providing broader financial services for users and institutions.

References:
1. Cointelegraph. “Ripple Labs’ RLUSD stablecoin: Everything you need to know.” 
2. Finance Magnates. “Ripple RLUSD Stablecoin Integrates with XRP Ledger and ETH Blockchains.”
3. FinTech Magazine. “Ripple Launches New USD Stablecoin Globally.” 
4. Barron’s. “XRP Price Soars After Ripple Launches New Stablecoin Token.”
$BTC $XRP

STRONG RISE SIGNALS IN BITCOIN AND ETHEREUM MARKETS

Bitcoin (BTC) and Ethereum (ETH) markets have been showing significant movement recently. Bitcoin has demonstrated the power of the bulls by testing the resistance at the 100,000 $ level. Analysts predict that if this resistance is overcome, the price may accelerate towards the 120,000 $ level.

Ethereum is also challenging the resistance at the 3,500 $ level. A close above this level could pave the way for the price to rise towards the 4,000 $ level.

In terms of short-term strategies, it seems logical to open long positions in the range of 98,800-99,200 $ for BTC and target the level of 101,000 $ . Similarly, it may be a suitable strategy to open long positions in the range of 3,460-3,490 $ for ETH and target the level of 3,600 $ .

🔥🔥🔥In conclusion, Bitcoin and Ethereum markets are testing critical resistance levels and exhibiting upward movement potential. Breaking these levels could lead prices to reach higher levels❗️
#BtcNewHolder
#escoin

- The information contained in this article is never investment advice and is for accurate and up-to-date informational purposes. STAY TUNED FOR REAL, SCIENTIFIC ARTICLES, AWAY FROM SPECULATION❗️ Be sure to do your own research❗️

THE FUTURE OF FINANCE: THE TOKENIZATION REVOLUTION
WHAT IS A CRYPTO ASSET? WHAT IS ACTUALLY HAPPENING?

BlackRock CEO Larry Fink states that tokenization of assets and securities can revolutionize the financial sector. Fink emphasizes that tokenization can reduce problems such as money laundering by increasing transparency in the financial system.

Tokenization refers to the transfer of traditional assets to the blockchain via digital tokens. This process allows assets such as stocks, bonds, real estate and works of art to be represented in a digital environment. In this way, investors can invest in these assets with smaller amounts, increase liquidity and reduce transaction costs.

Fink describes Bitcoin as an “international asset”, drawing attention to its potential to protect against inflation and revolutionize the financial system. BlackRock’s Bitcoin ETF application also shows its interest in this area.

Tokenization provides speed and efficiency in financial transactions, while increasing financial inclusion by expanding the investor base. In addition, thanks to blockchain technology, transactions become more secure and transparent. This transformation has the potential to fundamentally change the functioning of financial markets.

As a result, tokenization of assets opens the doors to a new era in the financial sector. This innovation provides significant opportunities for investors and institutions by making financial transactions more democratic, transparent and efficient.
#BtcNewHolder
#escoin
- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes. STAY TUNED FOR REAL, SCIENTIFIC ARTICLES FAR FROM SPECULATION❗️ Be sure to do your own research❗️

THE UPWARD TREND IN THE CRYPTO MARKET CONTINUES

#Binance
Bitcoin (BTC) and Ethereum (ETH) continue their recent uptrends. BTC experienced fluctuations after reaching a peak of $ 108,309 on December 17, but is trading at $ 98,914 as of December 26. ETH, on the other hand, has stabilized around $ 3,462 after testing $ 3,540 levels.

On the daily charts, the price of BTC is trading near the middle band, and the downtrend has been limited. On the 4-hour charts, a clear double bottom formation and strong support levels are observed. These technical indicators indicate that the uptrend may continue.

Analysts state that BTC may be suitable for long positions in the $ 98,200-98,500 range, and the target is $ 101,000. Similarly, long positions are recommended in the $3,430-3,460 range for ETH, with a target of $3,600.

With the reopening of US stock markets, trading volumes and volatility are expected to increase in crypto markets. Therefore, investors are advised to focus on short-term transactions and closely follow market dynamics.

As a result, the current technical structures and market conditions in BTC and ETH indicate that the uptrend may continue. However, it is important for investors to act cautiously by considering their risk management strategies.

- The information contained in this article is never investment advice and is for accurate and up-to-date information purposes. STAY TUNED FOR REAL, SCIENTIFIC ARTICLES FAR FROM SPECULATION❗️ Be sure to do your own research❗️
#TrendingTopic #escoin $BTC $ETH

TURKEY REQUIRES IDENTITY VERIFICATION IN CRYPTOCURRENCIES

#binance #escoin
Turkey has introduced new cryptocurrency regulations to combat money laundering and the financing of terrorism. According to the regulations published in the Official Gazette, users will be required to provide their identity information to crypto service providers for transactions exceeding 15,000 Turkish Lira (approximately 425 US Dollars).

These regulations are inspired by international practices such as Europe's Markets and Crypto Assets (MiCA) framework. Turkey's crypto market ranks fourth in the world with a transaction volume of $170 billion as of September 2023.

The new regulations will enter into force on February 25, 2025. From this date on, crypto service providers will also perform identity verification for transactions from wallet addresses that have not been previously registered. If the required information is not provided, such transactions may be classified as “risky” and may be stopped.

In 2024, increased activity was observed among crypto firms in Turkey. The Capital Markets Board (SPK) received 47 license applications until August. These applications increased after the “Law on Amendments to the Capital Markets Law” came into force in July and provides a regulatory framework for crypto asset service providers.

In conclusion, Turkey’s new crypto regulations are an important step in the fight against financial crimes and aim to create a safer and more transparent environment for the sector.

References:
• Cointelegraph. “Turkey introduces stricter crypto AML regulations.” December 25, 2024. 
• CoinEdition. “Turkey Rolls Out Tougher Crypto Rules to Prevent Money Laundering and Terrorism Financing.” December 25, 2024. 
• CoinJournal. “Turkey rolls out new crypto AML regulations.” December 25, 2024. 

#ReboundRally #elg $BTC $ETH

RIPPLE WITH RLUSD STABLECOIN ....

#MarketRebound #elg #escoin #doge
Ripple has launched its new stablecoin, RLUSD, which is backed one-to-one by the US dollar. This asset aims to increase access to the decentralized finance (DeFi) ecosystem by operating on the XRP Ledger and Ethereum blockchains.
RLUSD has proven its regulatory compliance by receiving approval from the New York Department of Financial Services (NYDFS). Ripple CEO Brad Garlinghouse described this development as “a stablecoin launched under the world’s highest regulatory standard.”
Initially listed on exchanges such as Uphold, Bitso, MoonPay, Archax and CoinMENA, RLUSD plans to be included on more platforms in the future. It is also aimed to be integrated into the Ripple Payments network in early 2025, providing speed and cost advantages in corporate payments.
Analysts say that RLUSD could position Ripple to compete in the stablecoin market and challenge existing players like Tether.

As a result, the launch of RLUSD has the potential to increase Ripple’s influence in the DeFi space, providing broader financial services for users and institutions.#binance#escoin #btc#elg
Sources:
1. Cointelegraph. “Ripple Labs’ RLUSD stablecoin: Everything you need to know.” 
2. Finance Magnates. “Ripple RLUSD Stablecoin Integrates with XRP Ledger and ETH Blockchains.”
3. FinTech Magazine. “Ripple Launches New USD Stablecoin Globally.” 
4. Barron’s. “XRP Price Soars After Ripple Launches New Stablecoin Token.”
$BTC $XRP

FLUCTUATIONS IN THE CRYPTOCURRENCY MARKET ...
#elg #escoin #doge #xrp #BTC
On December 23, 2024, significant fluctuations were experienced in the Bitcoin (BTC) and Ethereum (ETH) markets. BTC recovered to the level of 93.500$ in the morning hours, remaining below the previous jump. It then rose to the level of 96.500$ and fell again. While the intraday trading range was fluctuating, the market started to decline again with the opening of the US stock exchanges and fell below the support level of 93.500$ , pausing around 92.800$ . At this level, the continuation of the declines was limited.... It started to rise again today, let's see if the fluctuations will continue.

RIPPLE STARTS A NEW ERA IN THE DEFI WORLD WITH RLUSD STABLECOIN

#MarketRebound
Ripple has launched its new stablecoin, RLUSD, which is backed one-to-one by the US dollar. The asset aims to increase access to the decentralized finance (DeFi) ecosystem by operating on the XRP Ledger and Ethereum blockchains.

RLUSD has proven its regulatory compliance by receiving approval from the New York Department of Financial Services (NYDFS). Ripple CEO Brad Garlinghouse described this development as “a stablecoin launched under the highest regulatory standards in the world.”

Initially listed on exchanges such as Uphold, Bitso, MoonPay, Archax and CoinMENA, RLUSD plans to be featured on more platforms in the future. It is also aimed to be integrated into the Ripple Payments network in early 2025, providing speed and cost advantages in corporate payments.

Analysts say that RLUSD could bring Ripple into a competitive position in the stablecoin market and challenge existing players like Tether.

As a result, the launch of RLUSD has the potential to increase Ripple’s influence in the DeFi space, providing broader financial services for users and institutions.

#binance #escoin #btc #elg
Sources:
1. Cointelegraph. “Ripple Labs’ RLUSD stablecoin: Everything you need to know.” 
2. Finance Magnates. “Ripple RLUSD Stablecoin Integrates with XRP Ledger and ETH Blockchains.”
3. FinTech Magazine. “Ripple Launches New USD Stablecoin Globally.” 
4. Barron’s. “XRP Price Soars After Ripple Launches New Stablecoin Token.”
$BTC $XRP

#ChristmasMarketAnalysis
FLUCTUATIONS CONTINUE IN THE CRYPTOCURRENCY MARKET

On December 23, 2024, significant fluctuations were experienced in the Bitcoin (BTC) and Ethereum (ETH) markets. BTC recovered to $ 93,500 in the morning hours and remained below the previous jump. It then rose to $ 96,500 and fell again. While the intraday trading range was fluctuating, the market fell again with the opening of the US stock exchanges and paused around $ 92,800, falling below the $ 93,500 support. At this level, the continuation of the declines was limited.

In the daily charts, it was observed that the price was close to the lower limit of the Bollinger Band, but did not directly break this band. This situation shows that the market is in the consolidation phase and there is a potential recovery area. On the 4-hour charts, it is stated that the price is not permanent below the $93,000 level, with the support of the opening data of the US stock exchanges, and that this level may be a preparation for future increases.

Analysts evaluate pullbacks as buying opportunities in current market conditions. In particular, long positions are recommended for BTC in the range of $92,700-$93,200, while the first target is $95,000. For ETH, it is recommended to buy in the range of $3,270-$3,300 and target the $3,400 level.

As a result, while fluctuations continue in the cryptocurrency markets, it is important for investors to determine their strategies by taking into account the support and resistance levels.
#binance #escoin #btc #elg $BTC $ETH

- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes. STAY TUNED❗️ Be sure to do your own research❗️

HOW DID THE US GOVERNMENT NOT SHUT DOWN FIND A RESPONSE IN THE MARKET..
#elg #escoin #doge #xrp #bake
US House Speaker Johnson's statement "The government will not shut down. An agreement has been reached on government financing. The vote will be held today." had a positive impact on the cryptocurrency markets. With this development, Bitcoin (BTC) fell again after rising..
it seems like the end of the year will be stagnant...

🔥🔥🔥CRYPTO MARKET: $1.7 BILLION DOWN‼️
The cryptocurrency market was shaken by the recent sharp decline. Many crypto assets, especially Bitcoin (BTC) and Ethereum (ETH), experienced significant losses in value. This decline led to major liquidations in leveraged transactions.
#elg #escoin #eth #escointoken #btc

SEC APPROVAL: BITCOIN-ETHEREUM ETFS....
#elg #escoin #btc #eth #xrp
The United States Securities and Exchange Commission (SEC) has approved Hashdex and Franklin Templeton’s dual Bitcoin and Ethereum exchange-traded funds (ETFs). The approvals offer investors access to Bitcoin and Ethereum through regulated financial instruments without having to invest directly.

Hashdex’s Nasdaq Crypto Index US ETF will trade on the Nasdaq exchange, while Franklin Templeton’s Franklin Crypto Index ETF will trade on the Cboe BZX Exchange. Both ETFs are designed to track Bitcoin and Ethereum prices in the spot market.

A VOLATILE WEEK IN THE CRYPTOCURRENCY MARKET: BTC AND ETH

#ninance #escoin
In the third week of December 2024, there were significant fluctuations in the Bitcoin (BTC) and Ethereum (ETH) markets. At the beginning of the week, BTC rose to 108,000 yuan, reaching a new peak. However, following the speech of US Federal Reserve Chairman Jerome Powell, BTC fell to 92,000 yuan due to the impact of negative data. Despite this decline, the market gave signs of recovery with the preservation of the 90,000 yuan support.

Ethereum also followed a similar course. ETH prices fluctuated between $ 3,850 and $ 3,930 during the week, with the $ 3,900 level standing out as a significant resistance point.

Technical analysis points to a doji candle formation on BTC's monthly chart; This reflects the indecision of the market. On the weekly chart, the dead intersection of the KDJ indicator and the decrease in trading volume increase the possibility of correction. It stands out as a support level that should be watched out for, especially if it falls below the 90,000 yuan level.

Estimates for ETH show that the average price could be $2,629.64 at the end of 2024. In 2025, it is predicted that the price could range between $3,989.61 and $7,223.05.

In terms of short-term trading strategies, it is stated that BTC may offer a buying opportunity in the range of 94,700-95,000 yuan and the target is around 97,500 yuan. Similarly, ETH can be purchased in the range of $3,290-3,320 and $3,400 can be targeted.

As a result, these fluctuations in cryptocurrency markets show that investors should carefully determine their stop-loss levels and attach importance to risk management.

#btc #elg $BTC $ETH

- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes. STAY TUNED❗️ Be sure to do your own research❗️

BITCOIN'S WAVY COURSE: RECORDS AND UNCERTAINTY
#binance #elg
Bitcoin (#BTC) is trading at around $97,142 as of December 22, 2024, and has slightly declined from recent highs. On December 16, Bitcoin broke a historic record by exceeding $107,000. This rise occurred after US President Donald Trump announced the creation of a national strategic Bitcoin reserve (FN London, 2024).
Bitcoin rose to $108,135 with this news, but fell below $99,000 with a 9.2% decrease. However, it quickly recovered and reached $100,000 again.
Technical analysis is currently in a neutral to slightly bearish trend. The RSI indicator is in the range of 30-70, which does not give an overbought or oversold signal. The 50-day moving average is sloping upward and can act as support below the price. On the other hand, the 200-day moving average is fluctuating, indicating uncertainty in the long term.

According to experts' estimates, Bitcoin's long-term outlook is positive. For 2025, prices are expected to fluctuate between $125,000-155,000. According to some analyzes, the price may rise to $200,000 (MarketWatch, 2024).

Conclusion: Bitcoin's future direction will be shaped by the volatile structure of the market and economic-political developments. Regular monitoring of market data is critical for conscious investments.

- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes. STAY TUNED❗️ Be sure to do your own research❗️

Sources:
• FN London
• MarketWatch
• CoinDCX
#escoin #btc $BTC $ETH