The European Union intends to exclude USDT from cryptocurrency exchange listings by the end of 2024 due to non-compliance with the MiCA regulatory requirements. This step could significantly impact the balance of power in the crypto industry. And while Circle, which issues USDC, received the necessary approvals back in July, Tether seems to find itself in a difficult situation. And how could it not be — after all, we are talking about a stablecoin with a market capitalization of $140 billion! When looking at trading volumes, the picture is even more impressive: out of a total trading volume of $385 billion in a day, USDT accounts for $218 billion. For comparison, Bitcoin only has $110 billion, while USDC is a modest $15 billion.
if his words were true, then xrp would not be in the top 3 cryptocurrencies out of 10,000 pieces of junk now
TAJIK CITIZEN USA
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$XRP Further XRP awaits a decline, Signal from market creator Joseph Lubin, founder of the startup ConsenSys, developing applications on the Ethereum blockchain, talks about XRP: This is a little-understood thing. Essentially, it is an absolutely useless token, except that it is used by the company [Ripple] to make a lot of money and fund its activities. But still, we know that among us there are plenty of people who, for the comfort of their souls, are ready to close their eyes to any truth, the main thing is not to destroy their fantasies about the supposed 'XRP is BTC in the future' believe me it’s just a token and that’s it, and it will remain a token😁👍 if you sold XRP and exited at the peak hit like and set an order for XRP at the level of 0.4 and continue searching and catch new coins at an early stage.
RLUSD (Ripple USD) was launched on December 17, 2024 and has already received approval from the New York Department of Financial Services (NYDFS). Like all stablecoins, this coin aims to maintain a 1:1 value against the dollar and at first glance does not differ from other similar coins.
The purpose of this article is to understand what changes Ripple's RLUSD will bring to the cryptocurrency market.
XRP = FRAUD? YES Firstly, it is a simple and well-mastered technology. Just look at the almost instantaneous transfer of money to the Central Bank, through Pix. And it is free! Secondly, it is centralized, which means that it does not generate value outside of its controllers. Thirdly, the number of units is sufficient to ensure that in the most remote case of someone assigning value to it, this value is reduced. Fourthly, if it had a differentiated technology, the Swift system would also evolve in a very short time. Therefore, if you are not a cryptocurrency fan, it makes no sense to keep this resource. Do not get carried away by dreams, by the daydream that you discovered a miraculous way to get rich, to retire. YOU DIDN'T. XRP HAS NO VALUE. Not as a currency, because it is not scarce, nor as a technology, because it is not scientifically exclusive, nor as a use, because it has no differentiated application. GET OUT OF THIS TRAP AS SOON AS POSSIBLE.
Don't be a useful idiot who will lose money by believing in meaningless promises.
This pseudo-currency has been at 4usd, 3usd and always returns to cents of usd. WHY WOULD IT BE DIFFERENT NOW?
🚨 USDT is leaving the EU: new MiCA rules are a game changer!
All exchanges in the European Union must delist USDT by December 30. The reason? The new MiCA regulations deemed the stablecoin non-compliant.
💡 Why is this important? 🔹 USDT is one of the most popular stablecoins, with a huge number of trading operations associated with it. 🔹 Exchanges will have to adapt, which may temporarily affect liquidity. 🔹 Traders and investors need to prepare for the transition to other assets.
🤔 What to do now?
1️⃣ Check your assets on EU exchanges. 2️⃣ Consider alternative stablecoins that are MiCA compliant. 3️⃣ Stay tuned for updates from regulators and exchanges.
🔍 What do you think? Is MiCA a step towards transparency or a barrier to crypto innovation? Write your thoughts in the comments! 💬
Hello, I'm a little new to this and I had a question, if I have €300 in the balance, should I invest it all in XRP, OR IN SEVERAL CURRENCIES? AND IF SO, COULD YOU TELL ME WHICH ONES ARE THE BEST?$XRP $BTC
Recent Cryptocurrency Crash If you are concerned about the recent cryptocurrency crashes, take a moment to breathe and relax. What is happening now is a classic market phenomenon known as the Wyckoff Accumulation Phase. This is a deliberate strategy where large investors, often referred to as 'whales', accumulate assets from inexperienced traders who panic and sell, believing the market is collapsing irreversibly. Later, these assets are sold by the whales at significantly higher prices, yielding them substantial profits. Here's how it works: 1. Initial crash and recovery: The market experiences a sharp decline, followed by a quick recovery. 2. Deeper crash: Then a deeper drop occurs, further undermining traders' confidence. 3. Continued decline: The price gradually falls to a low point, forming what is often called a 'triple bottom'. $BTC
🚨 Ripple $XRP - The FED Just Declared War On Your Portfolio! (Here's What Happens Next For Crypto) 🚨 The Federal Reserve (Fed) has just made a shocking move that could have massive implications for your Ripple XRP holdings and the entire crypto market! Here’s everything you need to know about what’s happening, what it means for XRP, and where the market is headed: What the Fed Did: In an unexpected decision, the Fed has made a series of policy changes that directly impact cryptocurrencies like XRP. With rising inflation concerns and tightening monetary policies, the Fed’s actions are shaking up markets, including digital assets. Impact on Ripple (XRP): Increased Regulatory Pressure: The Fed’s move could lead to more scrutiny on Ripple and its ongoing legal battles with the SEC. This means XRP could face even more volatility as the regulatory landscape shifts.Market Sentiment: With the Fed tightening policies, investors may start to panic, leading to XRP’s price facing downward pressure in the short term. This could be an opportunity for long-term holders who believe in Ripple’s future.Liquidity Issues: As the Fed adjusts interest rates, the liquidity in the crypto market may shrink. This could hurt altcoins like XRP, which rely on strong liquidity for price movement. What’s Next for XRP and Crypto? Market Reactions: If the Fed’s actions lead to broader market declines, XRP could dip further. However, Ripple’s ongoing adoption of blockchain technology and partnerships with major financial institutions may help XRP recover faster than other altcoins.Regulatory Clarity: The ongoing SEC vs. Ripple case could become a focal point. If Ripple wins, XRP’s price could skyrocket as the legal clarity would provide a boost to market confidence.
💬 What are your thoughts on the Fed’s impact on XRP and crypto? Will you hold, buy, or sell? Let’s discuss in the comments! #XRP #Ripple #CryptoMarket #FederalReserve #SECvRipple #CryptoNews #XRPPricePrediction #Bitcoin #Altcoins #Cryptocurrency
I did an in-depth analysis, and the results are shocking... 🤯 Get ready for turbulence ahead, with a potential dip below $60k. 🧵👇
🔑 Key Updates from Today’s FOMC Meeting:
1️⃣ GOOD NEWS: The Fed lowered interest rates by 25 bps ✅
Encourages more investment in crypto.
Similar rate cuts in 2021 fueled the legendary bull run. 🚀
2️⃣ BAD NEWS: Powell’s shocking comment:
The Fed cannot hold $BTC and no legislative changes are planned to make this feasible. ❌
🤔 What Does This Mean? Let’s Dive In:
1. Rate Cuts:
Lower rates = investors shift toward high-growth assets like crypto.
Historically, such moves drive major bullish momentum.
2. Bitcoin Reserve Block:
Powell clarified that the Fed, as an independent agency, is not authorized to hold $BTC.
Congressional action would be required to amend Fed regulations.
💡 Could Congress change this?
Yes, with a decisive push from leadership like Trump.
🌍 Why the U.S. Needs a $BTC Reserve:
📉 The U.S. dollar’s global dominance is eroding. 📈 National debt is at record highs. 🔗 Hedging with $BTC could secure a strong position in the digital economy.
📉 What Happened to the Market?
Powell’s comments triggered a massive $277M liquidation wave. 🌊
The market is targeting weak hands in a typical shakeout before the next pump. 💪
Reminder: This feels like the 18k->48k $BTC moves earlier this cycle: 1️⃣ Pump 2️⃣ Consolidation 3️⃣ Upward breakout 4️⃣ ~20% correction
🛠️ My Strategy:
Spot Positions: Holding firm 💎🙌
Market is cooling off—healthy correction.
My target: $90k for $BTC soon, leading to new ATHs.
⚡ Final Take:
This is likely just another shakeout before major upside momentum. 🔥 Stay calm and trust the process. 🌟
Are you ready for the next big move? Let’s discuss in the comments! 👇
I did an in-depth analysis, and the results are shocking... 🤯 Get ready for turbulence ahead, with a potential dip below $60k. 🧵👇
🔑 Key Updates from Today’s FOMC Meeting:
1️⃣ GOOD NEWS: The Fed lowered interest rates by 25 bps ✅
Encourages more investment in crypto.
Similar rate cuts in 2021 fueled the legendary bull run. 🚀
2️⃣ BAD NEWS: Powell’s shocking comment:
The Fed cannot hold $BTC and no legislative changes are planned to make this feasible. ❌
🤔 What Does This Mean? Let’s Dive In:
1. Rate Cuts:
Lower rates = investors shift toward high-growth assets like crypto.
Historically, such moves drive major bullish momentum.
2. Bitcoin Reserve Block:
Powell clarified that the Fed, as an independent agency, is not authorized to hold $BTC.
Congressional action would be required to amend Fed regulations.
💡 Could Congress change this?
Yes, with a decisive push from leadership like Trump.
🌍 Why the U.S. Needs a $BTC Reserve:
📉 The U.S. dollar’s global dominance is eroding. 📈 National debt is at record highs. 🔗 Hedging with $BTC could secure a strong position in the digital economy.
📉 What Happened to the Market?
Powell’s comments triggered a massive $277M liquidation wave. 🌊
The market is targeting weak hands in a typical shakeout before the next pump. 💪
Reminder: This feels like the 18k->48k $BTC moves earlier this cycle: 1️⃣ Pump 2️⃣ Consolidation 3️⃣ Upward breakout 4️⃣ ~20% correction
🛠️ My Strategy:
Spot Positions: Holding firm 💎🙌
Market is cooling off—healthy correction.
My target: $90k for $BTC soon, leading to new ATHs.
⚡ Final Take:
This is likely just another shakeout before major upside momentum. 🔥 Stay calm and trust the process. 🌟
Are you ready for the next big move? Let’s discuss in the comments! 👇
Yeah, now everyone will sell, but you whales want to deceive us, because it will rise in January
U.today
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From 3 Billion XRP to 300 Million: Is XRP Losing Steam?
Despite an earlier strong breakout, XRP's price performance has been under pressure lately and appears to be stagnating. Although there is a bullish trendline breakout on the given chart, momentum is waning. Concerns about whether XRP is losing traction are raised by on-chain metrics that also point to a drop in activity.
XRP's price surged toward $2.57 before reversing course after emerging from a descending triangle, a bullish indication. Even though this rally showed promise, the asset appears to be having difficulty gaining ground recently based on price action. Support is currently located around $2.13, and the 50 EMA serves as an important buffer.
Failure to maintain above this level puts XRP at risk of dropping toward the next support level, which is at $1.145. A breakout above the $2.60 resistance, on the other hand, might rekindle optimism. XRP payment volume has drastically decreased from peaks of three billion XRP to less than 300 million, according to on-chain metrics.
This dramatic drop suggests a substantial drop in network activity, which frequently corresponds with waning investor interest. In a similar vein, the quantity of active accounts (unique senders) is likewise on the decline, not maintaining its early December peak. The decrease in XRP burned as fees is another alarming indicator. In line with a decrease in transaction volume, this network usage metric experienced a significant decline.
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Unless usage metrics improve soon, XRP's bullish case deteriorates with less on-chain activity. For investors, XRP is still at a turning point in its history. To prevent a more significant correction, it is essential to maintain above the $2.13 support. However, XRP runs the risk of a protracted consolidation phase or additional retracement in the absence of fresh buying pressure or a surge in on-chain activity.
The $2.60 resistance is still being watched for a potential breakout in the near future. If the 50 EMA is not maintained, on the other hand, XRP may test $1. 45 as support. To regain momentum and move higher, XRP currently needs both technical prowess and increased on-chain activity.
In the last 24 hours, the cryptocurrency market has shown a decline related to several key factors:
1. Correction after growth: Bitcoin recently reached a record high ($103,804), after which profit-taking by investors began. This is a typical market reaction after a prolonged rise.
2. Institutional selling: Large investors, such as companies and funds, have withdrawn funds. For example, a significant outflow from Bitcoin ETFs has been noted, amounting to about $438 million in a day.
3. Macroeconomic uncertainty: Investors are awaiting the U.S. Federal Reserve's decision on interest rates and are also concerned about a recession in the U.S. Additionally, weak employment economic indicators have heightened anxieties in the financial markets.
4. Geopolitical tension: Conflicts in the Middle East and deteriorating international conditions create additional stress for high-risk assets, including cryptocurrencies.
While experts expect a possible recovery in the coming weeks, it is recommended to take into account the high volatility of the market and risks in the short term.