CristoCripto2025
@Square-Creator-1e1c379d791c
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$USDC What did the CEO of Tether say regarding the MICA law?
One of the problems mentioned by the CEO of Tether is that one of the MICA regulations imposes that 60% of all the company's reserves/assets must be in 6 different European banks, but there are 2 problems: the necessary liquidity in a run would no longer be possible, and the failure of banks is always present. As an example, he mentioned what happened in 2022, when USDC from Circle, due to these regulations, did not have all its reserves available, thus they did not have enough liquidity to disburse at the moment, resulting in the price of USDC dropping to 0.88 cents per dollar, something that did not happen with USDT, as they had all the liquidity in dollars and U.S. bonds, allowing them to disburse up to a third of all their total reserves in less than 24 hours without issues.
Source: Cointelegraph
One of the problems mentioned by the CEO of Tether is that one of the MICA regulations imposes that 60% of all the company's reserves/assets must be in 6 different European banks, but there are 2 problems: the necessary liquidity in a run would no longer be possible, and the failure of banks is always present. As an example, he mentioned what happened in 2022, when USDC from Circle, due to these regulations, did not have all its reserves available, thus they did not have enough liquidity to disburse at the moment, resulting in the price of USDC dropping to 0.88 cents per dollar, something that did not happen with USDT, as they had all the liquidity in dollars and U.S. bonds, allowing them to disburse up to a third of all their total reserves in less than 24 hours without issues.
Source: Cointelegraph
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$BTC
🇯🇵 Kazuo Ueda indicated that he is looking for the precise moment to raise interest rates, and for that he requires more information, such as what Donald Trump will do.
Source: Bloomberg
🇯🇵 Kazuo Ueda indicated that he is looking for the precise moment to raise interest rates, and for that he requires more information, such as what Donald Trump will do.
Source: Bloomberg
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#TopCoinsSeptember $USDC let's go to something safe without too much volatility 🐢
Share my holding position
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USDCUSDT
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$BTC 🚨#BREAKING: Fed Chairman Powell: "We're not allowed to hold Bitcoin and we're not seeking a change in the law."
Video aquí
Video aquí
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$BTC The liquidations in long have been as large as those seen in 2021, and only 10% corresponds to BTC while the other 90% are in altcoins.
source: Coinglass
source: Coinglass
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they charge you a settlement fee that is almost or more than the negative PNL generated, and on top of that add the normal fee for both entry and exit whether maker or taker.
I made a market order in futures with 75X leverage with 4.5 dollars for a small experiment and I got liquidated but in this image showing I got realized PNL -1.4 doll then where my remaining amount gone, can someone explain me.
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LONG-TERM HOLDERS INCREASE BITCOIN SALES AND ETF INFLOWS MAY NOT
Long-term Bitcoin holders are accelerating the likely profit-taking, as data shows that their net BTC position is falling compared to a month ago.
The on-chain analysis firm Glassnode's data shows that long-term holders (LTH) have begun to reduce their exposure to BTC.
The price of BTC has risen to nearly USD 100,000, but some long-term holders are not waiting to take profits.
Glassnode, which tracks the 30-day net position change among LTH entities, now reveals an accelerated selling trend.
The on-chain analysis firm Glassnode's data shows that long-term holders (LTH) have begun to reduce their exposure to BTC.
The price of BTC has risen to nearly USD 100,000, but some long-term holders are not waiting to take profits.
Glassnode, which tracks the 30-day net position change among LTH entities, now reveals an accelerated selling trend.
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$BTC
The odds that Trump will create a national bitcoin reserve are collapsing @Kalshi
The odds that Trump will create a national bitcoin reserve are collapsing @Kalshi
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$BTC The price is below the "moving average by volume" of length 200 and there is strength :c
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$BTC I couldn't get into the bull market that kept making new ATHs, but I did manage to enter during the subsequent correction 🧘🏼♂️, being patient is a virtue, good luck to everyone 🫂
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Why does EARN offer such a high APR for USDT?
Tether's USDT cryptocurrency has recently raised concerns in the financial sector due to several events that have caused uncertainty among investors.
One of the most concerning points is Tether’s lack of transparency regarding its reserves. Although Tether claims to back the value of USDT with assets such as US Treasury bonds and gold, the company has not conducted full public audits, and the company has been accused in the past of not holding enough dollar reserves to back all of the USDT in circulation.
One of the most concerning points is Tether’s lack of transparency regarding its reserves. Although Tether claims to back the value of USDT with assets such as US Treasury bonds and gold, the company has not conducted full public audits, and the company has been accused in the past of not holding enough dollar reserves to back all of the USDT in circulation.
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#USDT Why does EARN offer such a high APR for USDT?
Recently, Tether's cryptocurrency USDT has raised concerns in the financial sector due to various events that have caused uncertainty among investors.
One of the most worrying points is Tether's lack of transparency regarding its reserves. Although Tether claims to back the value of USDT with assets such as U.S. Treasury bonds and gold, the company has not conducted comprehensive public audits, and in the past, it has been accused of not having sufficient dollar reserves to back all USDT in circulation.
Additionally, Tether and other stablecoins are under greater regulatory scrutiny, especially in the United States and Europe, where stricter regulation is required. Binance, one of the largest cryptocurrency exchanges, has stopped using USDT in its emergency fund, opting for a more regulated stablecoin like Circle's USDC, suggesting a market preference for more transparent and secure options.
On the other hand, recent reports from the UN indicate that USDT has been used in illicit activities in Asia, which has put more pressure on Tether. The company has responded by denying the accusations and emphasizing its collaboration with authorities to improve safety and tracking on its platform.
Overall, while USDT remains widely used in the market, issues of transparency and regulatory pressure are creating an environment of uncertainty surrounding this stablecoin.
Recently, Tether's cryptocurrency USDT has raised concerns in the financial sector due to various events that have caused uncertainty among investors.
One of the most worrying points is Tether's lack of transparency regarding its reserves. Although Tether claims to back the value of USDT with assets such as U.S. Treasury bonds and gold, the company has not conducted comprehensive public audits, and in the past, it has been accused of not having sufficient dollar reserves to back all USDT in circulation.
Additionally, Tether and other stablecoins are under greater regulatory scrutiny, especially in the United States and Europe, where stricter regulation is required. Binance, one of the largest cryptocurrency exchanges, has stopped using USDT in its emergency fund, opting for a more regulated stablecoin like Circle's USDC, suggesting a market preference for more transparent and secure options.
On the other hand, recent reports from the UN indicate that USDT has been used in illicit activities in Asia, which has put more pressure on Tether. The company has responded by denying the accusations and emphasizing its collaboration with authorities to improve safety and tracking on its platform.
Overall, while USDT remains widely used in the market, issues of transparency and regulatory pressure are creating an environment of uncertainty surrounding this stablecoin.