The cryptocurrency market is abuzz with speculation about the potential delisting of Tether’s USDT stablecoin from European Union exchanges as the Markets in Crypto-Assets (MiCA) regulation comes into full effect on December 30, 2024. Let’s examine the veracity of these claims and their implications for the crypto ecosystem in this article. Regulatory Context The European Union’s MiCA regulation, which aims to establish a comprehensive framework for crypto-assets, has been a topic of intense discussion in the crypto community. The regulation imposes stringent requirements on stablecoin issuers, including the need for e-money licenses, independent reserves in recognized banks, and detailed disclosure obligations. About the current status of USDT in Europe: despite widespread rumors and speculation, there has been no official announcement from European Union regulatory bodies regarding the mandatory delisting of USDT. The European Securities and Markets Authority (ESMA), the primary regulatory agency overseeing the implementation of MiCA, has not issued any formal statement declaring USDT non-compliant with the new regulations. Exchange Responses The response from cryptocurrency exchanges operating in the EU has been varied. Coinbase, a major U.S.-based exchange, has proactively delisted USDT for its EU customers, citing compliance concerns with the upcoming MiCA requirements. However, other prominent exchanges such as Binance and Crypto.com continue to list USDT for EU clients, adopting a wait-and-see approach pending explicit guidance from regulators. Full article is available in ETH Hub https://ethh.net/news/2024216/
The best timing to get into $BTC is any point below $70,000. I have bought BTC when it's 30k, 40k and 60k -- there is no doubt that it will go back above 70,000 again.
New listings out, main coins in! The scenerio of Flight of Investment has appeared in crypto, that's why all the new coins are bearish. $BTC $ETH will lead the way.
It's not hard to understand why$BNB start to surge; it's now still half of its historical record price, but for $BTC already hit 80% of its record price.
The logical long answer: It's possible if your heart is strong enough for volatility, and it's better to go after the ones with big market cap, you know them all - $BTC $BNB $SOL etc. #Write2Earn
Like what I said yesterday, $BTC will reach $50,000 this year and stabilize around this level. it's still not too late to hold BTC. $BNB also has good potential to reach new height.
$BTC is stablly raising the value, I predict it will go to 50,000 somewhere during 2024. Even $ETH that I hate so much is at rally.
Many things happen in the world that make me despise centralized monetary system. But don't get me wrong: traditional money will always stay, physically or digitally. But cryptos will be an undeniable currency that eventually everyone will have a wallet.
Is $BTC rally trend coming? #BTC has been above 40k for 2 days, wait one more day.. if tomorrow it holds another day above $40k, and I personally think it's very possible, it means the new wave of rally has begun.
$ETH I hate it so much. (it rhymes!) My largest loss is on ETH and $ADA When the market is good, their prices bounce slowly; when the market is bearish, they drop faster than anyone else.
$BTC is stable, holding on to the $40,000 line. At the same time, two newbies - #MANTA #ALT showing strong gain despite the crypto dives. Worth to hold a bit and watch how it goes!