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🎢 Next Week Looks Set for a Crypto Rollercoaster ✨
Here’s your quick rundown of the key events that may influence crypto market:
- Monday, February 17 – US Bank Holiday
With Presidents’ Day in effect, US liquidity will drop, likely leading to lower volatility—at least until the market picks up again on Tuesday.
- Tuesday, February 18 – Trump’s Speech
President Trump is slated to speak, and his remarks could swing regulatory expectations. If he hypes digital assets again, brace for heightened volatility.
- Wednesday, February 19 – FOMC Minutes Release
A crucial event: the Fed’s minutes will detail its latest meeting and monetary policy stance. Expect any hardline rhetoric to pressure risk assets—including crypto.
- Thursday, February 20 – Unemployment Claims Report
Labor market data remains a key economic indicator. A rise in claims could weaken the dollar, which generally bodes well for Bitcoin and altcoins.
- Friday, February 20 – PMI Flash Report
The PMI flash, a leading economic indicator, is on deck. A drop here would likely stoke expectations of Fed easing, giving a further boost to the crypto market.
🌟 Extra Insights & Interesting Facts:
• US bank holidays tend to thin out market liquidity, often causing short-term swings—crypto traders, keep an eye on those gaps!
• Trump’s potential focus on digital assets could be a game-changer, signaling either further regulation or a renewed push for crypto-friendly policies.
• The Fed’s FOMC minutes and PMI data are critical—they not only influence traditional markets but also ripple through the crypto space, affecting investor sentiment and risk appetite.
• Historically, when macroeconomic indicators like unemployment claims and PMI hint at a softer economy, risk assets like BTC and altcoins often rally as investors seek alternative stores of value.
The week ahead is packed with key events that could shape the market. While risks remain, a weaker US economy might just favor crypto bulls.
#CryptoLovePoems #CrytoNews
#Market_Update
Here’s your quick rundown of the key events that may influence crypto market:
- Monday, February 17 – US Bank Holiday
With Presidents’ Day in effect, US liquidity will drop, likely leading to lower volatility—at least until the market picks up again on Tuesday.
- Tuesday, February 18 – Trump’s Speech
President Trump is slated to speak, and his remarks could swing regulatory expectations. If he hypes digital assets again, brace for heightened volatility.
- Wednesday, February 19 – FOMC Minutes Release
A crucial event: the Fed’s minutes will detail its latest meeting and monetary policy stance. Expect any hardline rhetoric to pressure risk assets—including crypto.
- Thursday, February 20 – Unemployment Claims Report
Labor market data remains a key economic indicator. A rise in claims could weaken the dollar, which generally bodes well for Bitcoin and altcoins.
- Friday, February 20 – PMI Flash Report
The PMI flash, a leading economic indicator, is on deck. A drop here would likely stoke expectations of Fed easing, giving a further boost to the crypto market.
🌟 Extra Insights & Interesting Facts:
• US bank holidays tend to thin out market liquidity, often causing short-term swings—crypto traders, keep an eye on those gaps!
• Trump’s potential focus on digital assets could be a game-changer, signaling either further regulation or a renewed push for crypto-friendly policies.
• The Fed’s FOMC minutes and PMI data are critical—they not only influence traditional markets but also ripple through the crypto space, affecting investor sentiment and risk appetite.
• Historically, when macroeconomic indicators like unemployment claims and PMI hint at a softer economy, risk assets like BTC and altcoins often rally as investors seek alternative stores of value.
The week ahead is packed with key events that could shape the market. While risks remain, a weaker US economy might just favor crypto bulls.
#CryptoLovePoems #CrytoNews
#Market_Update
fl4m:
thanks
🚨 *High-Stakes Prisoner Swap: Trump Authorizes Release of Russian Cybercriminal for American Teache
Big moves are being made in the international political scene! Recently, President *Donald Trump* made the call to approve a high-profile prisoner swap between the U.S. and Russia. The swap involves the release of *Alexander Vinnik*, a notorious Russian cybercriminal, in exchange for *Marc Fogel*, an American teacher who had been imprisoned in Russia for over three years. 🛑🇷🇺
What Happened? 🤔
- *Alexander Vinnik* is known for his involvement in the world of cybercrime, especially for his role in running the infamous *BTC-e* exchange, which was allegedly used for laundering billions of dollars worth of Bitcoin. He had been in custody in Greece before being extradited to the U.S. to face charges.
- On the other side, *Marc Fogel* was arrested in Russia for allegedly attempting to smuggle marijuana. He had been held in a Russian prison for over three years under harsh conditions.
🔄 *The Swap*
- *Marc Fogel’s* release comes as part of an agreement between the U.S. and Russia, marking a major step in diplomatic negotiations. In return, *Alexander Vinnik* is being sent back to Russia, where his criminal charges will be handled by Russian authorities.
Why Does This Matter? 🧐
This prisoner swap carries huge implications for both the geopolitical landscape and the world of cryptocurrencies. Vinnik's role in cybercrime and crypto-related illegal activities has made his case a key talking point in the broader debate about international regulation in the crypto space. Moreover, such high-profile swaps tend to stir discussions about the power of diplomatic negotiations and the role of digital currencies in modern-day crime. ⚖️🌍 as always do your own research and stay updated
$BTC
$ETH
$XRP
#CrytoNews #BNBChainMeme #LTC&XRPETFsNext? #CPIHighestSinceJune #BinanceAlphaAlert
What Happened? 🤔
- *Alexander Vinnik* is known for his involvement in the world of cybercrime, especially for his role in running the infamous *BTC-e* exchange, which was allegedly used for laundering billions of dollars worth of Bitcoin. He had been in custody in Greece before being extradited to the U.S. to face charges.
- On the other side, *Marc Fogel* was arrested in Russia for allegedly attempting to smuggle marijuana. He had been held in a Russian prison for over three years under harsh conditions.
🔄 *The Swap*
- *Marc Fogel’s* release comes as part of an agreement between the U.S. and Russia, marking a major step in diplomatic negotiations. In return, *Alexander Vinnik* is being sent back to Russia, where his criminal charges will be handled by Russian authorities.
Why Does This Matter? 🧐
This prisoner swap carries huge implications for both the geopolitical landscape and the world of cryptocurrencies. Vinnik's role in cybercrime and crypto-related illegal activities has made his case a key talking point in the broader debate about international regulation in the crypto space. Moreover, such high-profile swaps tend to stir discussions about the power of diplomatic negotiations and the role of digital currencies in modern-day crime. ⚖️🌍 as always do your own research and stay updated
$BTC
$ETH
$XRP
#CrytoNews #BNBChainMeme #LTC&XRPETFsNext? #CPIHighestSinceJune #BinanceAlphaAlert
Bitcoin’s Quiet Spell: Is the Crypto Giant Losing Its Spark?
#Bitcoin’s Quiet Spell: Is the Crypto Giant Losing Its Spark?
$BTC
Bitcoin, the once-bustling metropolis of the crypto world, has suddenly gone quiet. Recent data shows that activity on its network has hit a yearly low, raising questions about whether the king of cryptocurrencies is losing its appeal—or just taking a breather.
The Ghost Town Effect
The Bitcoin Network Activity Index, a key metric tracking block size, active addresses, and transaction volume, has plummeted to 3,760—its lowest level since February 2024. This marks a 15% drop from its November 2024 peak.
The source revealed that this decline isn’t isolated; it’s spread across almost every corner of the network.
For instance, daily transactions have nosedived by 53%, from an all-time high of 734,000 in September 2024 to just 346,000 today—the lowest since March 2024. Active addresses have also taken a hit, falling by 20% from last year’s peak of 1.14 million to around 942,000 now.
Even miners are feeling the pinch: daily transaction fees have dropped dramatically from $4.7 million in late October to a mere $593,000 today.
Bitcoin’s network activity hits yearly lows as transactions and active addresses plunge, leaving miners and investors questioning its current valuation.
Overvalued or Just Misunderstood?
One of the most striking indicators of Bitcoin’s slowdown is its nearly empty mempool—the waiting room for unconfirmed transactions. The number of pending transactions has collapsed by an astonishing 99%, from 287,000 in December to just 3,000 now.
This level of inactivity hasn’t been seen since March 2022 during the last bear market cycle.
Adding to concerns is the decline in usage of Runes Protocol—a tool designed for token minting on Bitcoin’s blockchain—which spiked when launched but has since dwindled significantly. OP RETURN codes (used in Runes) have fallen from over 800k daily at launch to barely scratching five digits now (10k).
The source explained that these metrics suggest BTC might be overvalued at its current price near $97k; fair value estimates place it between $48k-$95k based on Metcalfe bands analysis (a valuation model based on network activity).
While some see this lull as cause for concern others argue it could simply signal maturation rather than decline after years dominated by speculative frenzy perhaps we’re witnessing evolution rather than extinction only time will tell what lies ahead but one thing remains certain even ghost towns can come back life if given enough reason so keep watching closely because next chapter may surprise everyone involved!
#Bitcoin #CrytoNews
Source: Bitcoin Network Activity Plunges To Yearly Lows As Btc Struggles Below 100k Cryptoquant | Cryptopotato.com
The post # Bitcoin’s Quiet Spell: Is the Crypto Giant Losing Its Spark? appeared first on Crypto News.
$BTC
Bitcoin, the once-bustling metropolis of the crypto world, has suddenly gone quiet. Recent data shows that activity on its network has hit a yearly low, raising questions about whether the king of cryptocurrencies is losing its appeal—or just taking a breather.
The Ghost Town Effect
The Bitcoin Network Activity Index, a key metric tracking block size, active addresses, and transaction volume, has plummeted to 3,760—its lowest level since February 2024. This marks a 15% drop from its November 2024 peak.
The source revealed that this decline isn’t isolated; it’s spread across almost every corner of the network.
For instance, daily transactions have nosedived by 53%, from an all-time high of 734,000 in September 2024 to just 346,000 today—the lowest since March 2024. Active addresses have also taken a hit, falling by 20% from last year’s peak of 1.14 million to around 942,000 now.
Even miners are feeling the pinch: daily transaction fees have dropped dramatically from $4.7 million in late October to a mere $593,000 today.
Bitcoin’s network activity hits yearly lows as transactions and active addresses plunge, leaving miners and investors questioning its current valuation.
Overvalued or Just Misunderstood?
One of the most striking indicators of Bitcoin’s slowdown is its nearly empty mempool—the waiting room for unconfirmed transactions. The number of pending transactions has collapsed by an astonishing 99%, from 287,000 in December to just 3,000 now.
This level of inactivity hasn’t been seen since March 2022 during the last bear market cycle.
Adding to concerns is the decline in usage of Runes Protocol—a tool designed for token minting on Bitcoin’s blockchain—which spiked when launched but has since dwindled significantly. OP RETURN codes (used in Runes) have fallen from over 800k daily at launch to barely scratching five digits now (10k).
The source explained that these metrics suggest BTC might be overvalued at its current price near $97k; fair value estimates place it between $48k-$95k based on Metcalfe bands analysis (a valuation model based on network activity).
While some see this lull as cause for concern others argue it could simply signal maturation rather than decline after years dominated by speculative frenzy perhaps we’re witnessing evolution rather than extinction only time will tell what lies ahead but one thing remains certain even ghost towns can come back life if given enough reason so keep watching closely because next chapter may surprise everyone involved!
#Bitcoin #CrytoNews
Source: Bitcoin Network Activity Plunges To Yearly Lows As Btc Struggles Below 100k Cryptoquant | Cryptopotato.com
The post # Bitcoin’s Quiet Spell: Is the Crypto Giant Losing Its Spark? appeared first on Crypto News.
Hype vs. Fundamentals: How to Avoid Investing in a Dud Cryptocurrency
👉 Making big money in a short amount of time is why hunting micro-cap gems can be life-changing for small-time investors….How to become a gem hunter
👉 Some of you are here to get rich quick and make it in one Bullrun.
👉 Whilst there are some success stories, there is survivorship bias
👉 Meaning you only hear the success stories.
👉 For every success story, there might be 5 sad stories.
👉 Gem hunting is fun, but risk management is key
👉 Common Mistakes for the Gem Hunters:-
Too Aggressive, not hedging their portfolio with stablecoins or blue chips
If BTC dips 30%, your micro-cap Coins can dip 80%.
Understand where you are in the cycle before aping into high-risk high reward micro caps
👉 Don't rely on other people and ape blindly.
👉 Develop your own intuition, your edge is built by becoming an expert
👉 Cultivate your Inner Ape
👉 Don’t be afraid to lose $$, Ape to Learn
👉 You'll get rugged.
👉 If 2/10 do a 10x & you get rugged 8x, you still doubled your money
👉 While that may be the best trade in history and not a realistic goal...
👉 The point is being early to new crypto projects can be life-changing!
👉 Finding these projects early is a skill that can be learned.
👉 Over time you will get a nose for hunting alpha
👉 It will take time to become a proficient hunter.
👉 Don't get wiped out before developing your edge
👉 Here are the things that will help you develop & improve this skill:-
Get comfortable with DEX
Coins that are listed on a Centralised Exchange (Binance, FTX, Kraken, Coinbase) usually already have a pretty high Marketcap (MC).
👉 The law of big numbers:-
if Bitcoin has an MC of 1 trillion, it needs 99 trillion to do a 100x.
👉 Some Coins with 1 million MC will need 99 million. That can happen in a couple of days in crypto.
👉 Don't want to get involved in Dex's and still find gems?
These will be low caps in the 10m-100m MarketCap range.
Do your own Research Before Investing in Any Coins or Stocks.
NFA
please Like, Share and Follow For more Informative Contents.
Thank you
#cryptotrading #crytonews #crypocurrency #BNB #BTC
👉 Some of you are here to get rich quick and make it in one Bullrun.
👉 Whilst there are some success stories, there is survivorship bias
👉 Meaning you only hear the success stories.
👉 For every success story, there might be 5 sad stories.
👉 Gem hunting is fun, but risk management is key
👉 Common Mistakes for the Gem Hunters:-
Too Aggressive, not hedging their portfolio with stablecoins or blue chips
If BTC dips 30%, your micro-cap Coins can dip 80%.
Understand where you are in the cycle before aping into high-risk high reward micro caps
👉 Don't rely on other people and ape blindly.
👉 Develop your own intuition, your edge is built by becoming an expert
👉 Cultivate your Inner Ape
👉 Don’t be afraid to lose $$, Ape to Learn
👉 You'll get rugged.
👉 If 2/10 do a 10x & you get rugged 8x, you still doubled your money
👉 While that may be the best trade in history and not a realistic goal...
👉 The point is being early to new crypto projects can be life-changing!
👉 Finding these projects early is a skill that can be learned.
👉 Over time you will get a nose for hunting alpha
👉 It will take time to become a proficient hunter.
👉 Don't get wiped out before developing your edge
👉 Here are the things that will help you develop & improve this skill:-
Get comfortable with DEX
Coins that are listed on a Centralised Exchange (Binance, FTX, Kraken, Coinbase) usually already have a pretty high Marketcap (MC).
👉 The law of big numbers:-
if Bitcoin has an MC of 1 trillion, it needs 99 trillion to do a 100x.
👉 Some Coins with 1 million MC will need 99 million. That can happen in a couple of days in crypto.
👉 Don't want to get involved in Dex's and still find gems?
These will be low caps in the 10m-100m MarketCap range.
Do your own Research Before Investing in Any Coins or Stocks.
NFA
please Like, Share and Follow For more Informative Contents.
Thank you
#cryptotrading #crytonews #crypocurrency #BNB #BTC
To learn trading using candlestick patterns, here are some of the most common and essential patterns
To learn trading using candlestick patterns, here are some of the most common and essential patterns to get started:
Bullish Patterns
1. Hammer
Description: Small body at the top, long lower shadow.
Significance: Signals potential reversal after a downtrend.
Action: Consider buying after confirmation of a bullish trend.
2. Three White Soldiers
Description: Three consecutive long bullish candles with small or no shadows.
Significance: Indicates strong bullish momentum.
Action: Look for an entry in the trend direction.
3. Bullish Engulfing
Description: A small bearish candle followed by a larger bullish candle that completely engulfs it.
Significance: Reversal signal in a downtrend.
Action: Buy after the confirmation.
4. Morning Star
Description: A three-candle pattern; the first is bearish, the second is small-bodied (can be bullish or bearish), and the third is a large bullish candle.
Significance: Strong reversal signal.
Action: Enter long after confirmation.
---
Bearish Patterns
1. Shooting Star
Description: Small body at the bottom with a long upper shadow.
Significance: Signals a potential reversal after an uptrend.
Action: Consider selling after confirmation of a bearish trend.
2. Three Black Crows
Description: Three consecutive bearish candles with small or no shadows.
Significance: Indicates strong bearish momentum.
Action: Look for a short entry.
3. Bearish Engulfing
Description: A small bullish candle followed by a larger bearish candle that completely engulfs it.
Significance: Reversal signal in an uptrend.
Action: Sell after the confirmation.
4. Evening Star
Description: A three-candle pattern; the first is bullish, the second is small-bodied, and the third is a large bearish candle.
Significance: Strong reversal signal.
Action: Enter short after confirmation.
---
Neutral/Indecision Patterns
1. Doji
Description: Candle with nearly equal open and close, long shadows.
Significance: Indicates indecision in the market.
Action: Wait for the next candle to decide direction.
2. Spinning Top
Description: Small body with long upper and lower shadows.
Significance: Signals market indecision.
Action: Wait for confirmation of trend direction.
---
General Tips for Trading with Candlestick Patterns
Context Matters: Always analyze the pattern in the context of the overall trend and market conditions.
Combine with Indicators: Use technical indicators like RSI, Moving Averages, or MACD for confirmation.
Volume: Check volume to validate the strength of the pattern.
Risk Management: Set stop-loss levels to manage risk in case the pattern fails.
Understanding these patterns and practicing on historical data or demo trading can significantly improve your trading skills.
#DollarRally110 #GuessBTCsBottom #CrytoNews
Bullish Patterns
1. Hammer
Description: Small body at the top, long lower shadow.
Significance: Signals potential reversal after a downtrend.
Action: Consider buying after confirmation of a bullish trend.
2. Three White Soldiers
Description: Three consecutive long bullish candles with small or no shadows.
Significance: Indicates strong bullish momentum.
Action: Look for an entry in the trend direction.
3. Bullish Engulfing
Description: A small bearish candle followed by a larger bullish candle that completely engulfs it.
Significance: Reversal signal in a downtrend.
Action: Buy after the confirmation.
4. Morning Star
Description: A three-candle pattern; the first is bearish, the second is small-bodied (can be bullish or bearish), and the third is a large bullish candle.
Significance: Strong reversal signal.
Action: Enter long after confirmation.
---
Bearish Patterns
1. Shooting Star
Description: Small body at the bottom with a long upper shadow.
Significance: Signals a potential reversal after an uptrend.
Action: Consider selling after confirmation of a bearish trend.
2. Three Black Crows
Description: Three consecutive bearish candles with small or no shadows.
Significance: Indicates strong bearish momentum.
Action: Look for a short entry.
3. Bearish Engulfing
Description: A small bullish candle followed by a larger bearish candle that completely engulfs it.
Significance: Reversal signal in an uptrend.
Action: Sell after the confirmation.
4. Evening Star
Description: A three-candle pattern; the first is bullish, the second is small-bodied, and the third is a large bearish candle.
Significance: Strong reversal signal.
Action: Enter short after confirmation.
---
Neutral/Indecision Patterns
1. Doji
Description: Candle with nearly equal open and close, long shadows.
Significance: Indicates indecision in the market.
Action: Wait for the next candle to decide direction.
2. Spinning Top
Description: Small body with long upper and lower shadows.
Significance: Signals market indecision.
Action: Wait for confirmation of trend direction.
---
General Tips for Trading with Candlestick Patterns
Context Matters: Always analyze the pattern in the context of the overall trend and market conditions.
Combine with Indicators: Use technical indicators like RSI, Moving Averages, or MACD for confirmation.
Volume: Check volume to validate the strength of the pattern.
Risk Management: Set stop-loss levels to manage risk in case the pattern fails.
Understanding these patterns and practicing on historical data or demo trading can significantly improve your trading skills.
#DollarRally110 #GuessBTCsBottom #CrytoNews
STON Chronicles: Karatage Joins Our Mission to Revolutionize DeFi with Omniston!
Stonfiers, buckle up! We're thrilled to reveal more about our incredible investors, and today's spotlight shines on Karatage, a powerhouse fund shaping the future of blockchain, quantum tech, and iGaming.
Karatage joins a roster of heavy hitters who recognize STON.fi's potential to transform DeFi. But that's not all! We're hinting at the future with Omniston, our revolutionary protocol enabling seamless cross-chain swaps without bridges!
Imagine swapping tokens across blockchains with ease – that's the power of Omniston. This game-changer simplifies crypto like never before, opening a world of new trading possibilities.
We're grateful for the incredible support from investors like Karatage and our amazing community. Together, we're on a mission to revolutionize DeFi!
Stay tuned for more exciting updates!
#crytonews
#STON
#ston_fi
#GEMSTON
#DeFi
Stonfiers, buckle up! We're thrilled to reveal more about our incredible investors, and today's spotlight shines on Karatage, a powerhouse fund shaping the future of blockchain, quantum tech, and iGaming.
Karatage joins a roster of heavy hitters who recognize STON.fi's potential to transform DeFi. But that's not all! We're hinting at the future with Omniston, our revolutionary protocol enabling seamless cross-chain swaps without bridges!
Imagine swapping tokens across blockchains with ease – that's the power of Omniston. This game-changer simplifies crypto like never before, opening a world of new trading possibilities.
We're grateful for the incredible support from investors like Karatage and our amazing community. Together, we're on a mission to revolutionize DeFi!
Stay tuned for more exciting updates!
#crytonews
#STON
#ston_fi
#GEMSTON
#DeFi
⚠️A trader has been liquidated for $18.59M in 40 days
▪️ Last night, he lost 1,495 ETH ($4.97M).
▪️ On December 10, 2024, he lost 44.86 WBTC ($4.37M).
▪️ On December 6, 2024, he lost 95.46 WBTC ($9.25M).
He continues his attempts at wealth accumulation, holding 541.68 WBTC ($51.1M) on Aave. He could face liquidation again if BTC’s price drops below $90,810.
If you think you're having a bad month, just remember this guy. 😅
#CrytoNews
▪️ Last night, he lost 1,495 ETH ($4.97M).
▪️ On December 10, 2024, he lost 44.86 WBTC ($4.37M).
▪️ On December 6, 2024, he lost 95.46 WBTC ($9.25M).
He continues his attempts at wealth accumulation, holding 541.68 WBTC ($51.1M) on Aave. He could face liquidation again if BTC’s price drops below $90,810.
If you think you're having a bad month, just remember this guy. 😅
#CrytoNews
In a recent flurry of transactions, Vitalik Buterin converted assets from various Memecoin projects sent to his wallet into 140.6 ETH, valued at approximately $0.34 million. The assets sold included donations like 100,000 USDT from CateonEthereum, 70.71 million Neiro Crypto, 11.76 billion MOODENG tokens from MoodengCTOETH, and 7.8 million DEGEN tokens. The conversion, which took place over the span of just 30 minutes, highlights Buterin’s active involvement in the Ethereum ecosystem and his ability to swiftly manage contributions sent to his wallet
#crytonews #memecoin🚀🚀🚀 #ETH🔥🔥🔥🔥
#crytonews #memecoin🚀🚀🚀 #ETH🔥🔥🔥🔥
😎BTC/USDT ANALYSIS
Bitcoin continues to trade within the ascending triangle pattern, facing rejection at the horizontal resistance zone.
A decisive breakout or breakdown is needed to confirm the next significant move for BTC.
#btc
#crytonews
#Write2Earn!
#BinanceSquareFamily
Bitcoin continues to trade within the ascending triangle pattern, facing rejection at the horizontal resistance zone.
A decisive breakout or breakdown is needed to confirm the next significant move for BTC.
#btc
#crytonews
#Write2Earn!
#BinanceSquareFamily
#XRPETFIncoming? 💸💸 Get ready—XRP could be on the verge of an explosive move! Stay alert and watch the market closely. 📈
🚀 Stay tuned for updates and buckle up for what’s ahead!
#CrytoNews #XRPPredictions #XRP 🚀
🚀 Stay tuned for updates and buckle up for what’s ahead!
#CrytoNews #XRPPredictions #XRP 🚀
$FLOKI Free Premium Signal for my followers today . . . .
New York Streets are displaying Floki every where, you want to know why?
Than wait 24hrs . . . .
Floki soon be 🚀🚀🚀🚀🚀🚀. . .
thanks me later. . . . . .
#floki #memecoin #crytonews
New York Streets are displaying Floki every where, you want to know why?
Than wait 24hrs . . . .
Floki soon be 🚀🚀🚀🚀🚀🚀. . .
thanks me later. . . . . .
#floki #memecoin #crytonews
See original
The report comes amid rising expectations that Trump will announce an executive order supporting the creation of a strategic bitcoin reserve on his first day in office.
Trump, who was once skeptical of cryptocurrencies, embraced the industry in the lead-up to the November elections, raising hopes for easier regulation and widespread adoption of digital assets. On Friday, the cryptocurrency industry will hold the "Cryptocurrency Inaugural Ball" in support of Trump, hoping he will fulfill his promises after taking office on January 20. #BTC #CrytoNews
Trump, who was once skeptical of cryptocurrencies, embraced the industry in the lead-up to the November elections, raising hopes for easier regulation and widespread adoption of digital assets. On Friday, the cryptocurrency industry will hold the "Cryptocurrency Inaugural Ball" in support of Trump, hoping he will fulfill his promises after taking office on January 20. #BTC #CrytoNews
Crypto.com has announced plans to delist Tether’s USDT and nine other tokens across its European operations starting January 31, 2025, as it moves to comply with the EU’s Markets in Crypto-Assets (MiCA) regulations. The move comes amid growing regulatory pressure to phase out stablecoins that fail to meet the new compliance standards.
After January 31, deposits for the affected tokens will be disabled, but users will still be able to withdraw them until March 31, 2025. Any remaining balances beyond that date will be automatically converted to a MiCA-compliant stablecoin or another asset of equivalent market value, according to Crypto.com.
Among the tokens being delisted are Wrapped Bitcoin (WBTC), Dai (DAI), Pax Dollar (PAX), Pax Gold (PAXG), PayPal USD (PYUSD), and Crypto.com’s own staked assets (CDCETH, CDCSOL, and LCRO), along with XSGD.
The move follows an earlier decision by Coinbase, which announced in October 2024 that it would delist USDT in Europe due to non-compliance with MiCA. The European Securities and Markets Authority (ESMA) has been pushing exchanges to restrict trading of non-compliant stablecoins, with full enforcement set for March 31, 2025.
#Crytonews
#Binance
After January 31, deposits for the affected tokens will be disabled, but users will still be able to withdraw them until March 31, 2025. Any remaining balances beyond that date will be automatically converted to a MiCA-compliant stablecoin or another asset of equivalent market value, according to Crypto.com.
Among the tokens being delisted are Wrapped Bitcoin (WBTC), Dai (DAI), Pax Dollar (PAX), Pax Gold (PAXG), PayPal USD (PYUSD), and Crypto.com’s own staked assets (CDCETH, CDCSOL, and LCRO), along with XSGD.
The move follows an earlier decision by Coinbase, which announced in October 2024 that it would delist USDT in Europe due to non-compliance with MiCA. The European Securities and Markets Authority (ESMA) has been pushing exchanges to restrict trading of non-compliant stablecoins, with full enforcement set for March 31, 2025.
#Crytonews
#Binance