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cucrinics
@Square-Creator-58b327413
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Mister Sailer
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Bullish
Does even CZ hint that we are entering that very phase?
Most likely, the alt-season has already begun. And it started in the standard mechanics with old forgotten projects (dinosaurs), where among holders in most cases either the project itself and its market makers, or holders who got stuck from 2017 and 2021.
It's always easier to pump where there is no crowd. Few will make money from this, and most likely, during FOMO, people will rush to buy these same assets at a high. Meanwhile, liquidity will flow into other projects.
The phase begins when money quickly flows through the market. While you are analyzing some project and looking for tokens among the dinosaurs, L1 blockchains will already start to shoot, and so on in circles.
So don't try to "outplay" the market. Liquidity moves very quickly in such phases, and while you have time to think — the market has already acted. Just sit in your assets and wait for pumps, and then don’t forget to take profits in parts.
Most likely, the alt-season has already begun. And it started in the standard mechanics with old forgotten projects (dinosaurs), where among holders in most cases either the project itself and its market makers, or holders who got stuck from 2017 and 2021.
It's always easier to pump where there is no crowd. Few will make money from this, and most likely, during FOMO, people will rush to buy these same assets at a high. Meanwhile, liquidity will flow into other projects.
The phase begins when money quickly flows through the market. While you are analyzing some project and looking for tokens among the dinosaurs, L1 blockchains will already start to shoot, and so on in circles.
So don't try to "outplay" the market. Liquidity moves very quickly in such phases, and while you have time to think — the market has already acted. Just sit in your assets and wait for pumps, and then don’t forget to take profits in parts.
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Romania used blockchain to count votes in the presidential elections
The country's electoral authority, Romania Autoritatea Electorală Permanentă (ROAP), used blockchain in the first round of the presidential elections held on November 24. ROAP created a dashboard where Romanian voters could join the European Blockchain Services Infrastructure (EBSI) and track election results in real time.
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Mister Sailer
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Bullish
What does MiCA mean?
In simple terms, MiCA is the European regulation of the cryptocurrency market. At the moment, their innovations concern stablecoins that do not meet the requirements: USDT, PAX, PYUSD, GUSD, GYEN and DAI.
The restrictions will come into force on December 13 and will only apply to European customers of Coinbase Europe Limited and Coinbase Germany GmbH.
USDC is fine, since Circle has already received a license and will continue to trade on Coinbase.
Tether has not done this yet, but it still can, since the deadline for obtaining permission is December 13.
Coinbase recommends converting unlicensed stablecoins to USDC or EURC before the restrictions come into force.
It is unclear whether Tether will make concessions and agree to EU rules in order to get a license. One of the requirements for issuers is to keep at least 60% of reserves in EU banks, which may be an obstacle.
It's worth considering a transfer to USDC, but it's definitely too early to bury USDT
In simple terms, MiCA is the European regulation of the cryptocurrency market. At the moment, their innovations concern stablecoins that do not meet the requirements: USDT, PAX, PYUSD, GUSD, GYEN and DAI.
The restrictions will come into force on December 13 and will only apply to European customers of Coinbase Europe Limited and Coinbase Germany GmbH.
USDC is fine, since Circle has already received a license and will continue to trade on Coinbase.
Tether has not done this yet, but it still can, since the deadline for obtaining permission is December 13.
Coinbase recommends converting unlicensed stablecoins to USDC or EURC before the restrictions come into force.
It is unclear whether Tether will make concessions and agree to EU rules in order to get a license. One of the requirements for issuers is to keep at least 60% of reserves in EU banks, which may be an obstacle.
It's worth considering a transfer to USDC, but it's definitely too early to bury USDT
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Mister Sailer
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Yesterday, the net inflow of spot ETH-ETFs surpassed BTC for the first time and amounted to ~$332 million.
BTC-ETF received only ~$320 million.
There is an ironclad rule on the exchange: Price always follows volume.
BTC-ETF received only ~$320 million.
There is an ironclad rule on the exchange: Price always follows volume.
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Bitcoin may soon surpass Google in market cap.
Currently, BTC has a market cap of 1.9 trillion, while Google has a market cap of 2.07 trillion.
BTC will surpass Google if the price per coin reaches $105,000. After that, the competition with Amazon will begin.
Do you think we will see such a price for BTC this year?
Currently, BTC has a market cap of 1.9 trillion, while Google has a market cap of 2.07 trillion.
BTC will surpass Google if the price per coin reaches $105,000. After that, the competition with Amazon will begin.
Do you think we will see such a price for BTC this year?
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Arthur Hayes is preparing his portfolio for the altseason
Over the past 2 days, he has exchanged the altcoin ATH for ENA worth $11.21 million.
What are you HODLing on the bull? Write in the comments
Over the past 2 days, he has exchanged the altcoin ATH for ENA worth $11.21 million.
What are you HODLing on the bull? Write in the comments
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