3 days ago
Russia Will Establish Cross-Border Cryptocurrency Payment Regulations By November
Anatoly Aksakov, Chairman of the State Duma's Financial Markets Committee, announced that the Russian Central Bank and Ministry of Finance are working on regulations for cross-border cryptocurrency payments. The government aims to finalize these regulations by the end of November.
Initially, the Russian government will test the cryptocurrency payment mechanism under an experimental legal regime (ELR). This means only selected participants, such as credit institutions and banks, will be involved in the process. The goal is to minimize risks and develop regulations to protect the market from fraud. Aksakov noted that companies are already using cryptocurrencies for import and export payments, with transaction volumes expected to reach billions of dollars. He emphasized the need to limit the number of financial institutions participating in the initial phase to better understand the market and develop effective regulatory measures.
Anatoly Aksakov, Chairman of the State Duma's Financial Markets Committee, announced that the Russian Central Bank and Ministry of Finance are working on regulations for cross-border cryptocurrency payments. The government aims to finalize these regulations by the end of November.
Initially, the Russian government will test the cryptocurrency payment mechanism under an experimental legal regime (ELR). This means only selected participants, such as credit institutions and banks, will be involved in the process. The goal is to minimize risks and develop regulations to protect the market from fraud. Aksakov noted that companies are already using cryptocurrencies for import and export payments, with transaction volumes expected to reach billions of dollars. He emphasized the need to limit the number of financial institutions participating in the initial phase to better understand the market and develop effective regulatory measures.
4 days ago
🚨 MicroStrategy announces that it has acquired an additional 18,300 BTC for $1 .11 billion ($60.408 per Bitcoin)
5 days ago
6 days ago
(E)
Good afternoon Future billionaires 💰
hope you all are having a good mid week
just want support from the community and letting you all know my Crypto account called 0x_D3Ku have been ⚠️hacked on twitter last night
https://x.com/0x_D3Ku/
please 🙏if you got the time report that account any know how by reporting them for impersonating me they just got my twitter and posting as me it wil be highly appreciated stay safe and have a good week ahead #BullVerse 📈
but you can follow my OG channel
https://x.com/OGD3KU/
hope you all are having a good mid week
just want support from the community and letting you all know my Crypto account called 0x_D3Ku have been ⚠️hacked on twitter last night
https://x.com/0x_D3Ku/
please 🙏if you got the time report that account any know how by reporting them for impersonating me they just got my twitter and posting as me it wil be highly appreciated stay safe and have a good week ahead #BullVerse 📈
but you can follow my OG channel
https://x.com/OGD3KU/
7 days ago
If the government was a real business it would have been bankrupt a long time ago. The only thing keeping it going is the fact that people pay their taxes out of fear of going to jail if they don't (violence) and most importantly THE MAGIC MONEY PRINTER.
Further proof of the charade: the US government has hired 87,000 new agents to collect taxes with an average salary of 100k/year.
So this cost taxpayers $8 .7 billion and these agents managed to collect $1 .3 billion.
So, a deficit of -$7.4 billion... which will be paid by taxpayers. And of course the government will boast about having collected $1 .3 billion more in taxes.
How did we get here?
Further proof of the charade: the US government has hired 87,000 new agents to collect taxes with an average salary of 100k/year.
So this cost taxpayers $8 .7 billion and these agents managed to collect $1 .3 billion.
So, a deficit of -$7.4 billion... which will be paid by taxpayers. And of course the government will boast about having collected $1 .3 billion more in taxes.
How did we get here?
8 days ago
9 days ago
🚨 BREAKING 🚨
This is crazy:
Interest expenses on the US federal debt have surpassed a RECORD of $3 billion PER DAY.
TRIPLING the amount paid 10 years ago and DOUBLING the amount paid just 2.5 years ago 😅💸
The bubble just keeps getting bigger, and the worst thing is that they are not doing anything to try to stop it...
Thanks Satoshi for getting us out of this... #Bitcoin
This is crazy:
Interest expenses on the US federal debt have surpassed a RECORD of $3 billion PER DAY.
TRIPLING the amount paid 10 years ago and DOUBLING the amount paid just 2.5 years ago 😅💸
The bubble just keeps getting bigger, and the worst thing is that they are not doing anything to try to stop it...
Thanks Satoshi for getting us out of this... #Bitcoin
11 days ago
We are 180 days into a correction since we made an ATH in Bitcoin and market sentiment is worse than when BTC was at 15K.
Ethereum has lost nearly $250 billion in market cap over the summer, even with ETFs coming to market.
And what happened?
> Massive exits and sales by Grayscale.
> Massive MT.GOX distributions.
> Mass distributions from the United States.
> Germany selling +50,000 BTC.
And what is to come?
> US interest rate cuts.
> Gradual increase in global liquidity.
> United States elections.
> FTX Refunds (+$16B).
And all this with stablecoins reaching all-time highs.
Is this the end? Are we all going to die?
I don't believe it.
For me nothing has changed.
Nobody said the bull market was going to be easy.
The best, for me, is yet to come.
You already know what happened next, the times when the feeling was as shattered and terrifying as the one we are experiencing now.
The difficult moments are what separate babies with poop on their butts from legends.
Everyone is very pro, everyone is very cocky, very gangster and very brave until it is time to buy the dip when at all hours they say that we are going to visit lower areas and everyone is terrified and with their balls in their throat.
We've all heard "If you come down to X area I'm going to put my house in your house" then they come down and shit their pants and don't buy.
It seems like a meme, but it is not.
There is something that will never change.
> The vast majority of people will sell out of fear.
> The vast majority of people will buy out of euphoria.
And it is certainly the fastest way to lose money in this market.
Sorry, I didn't make up the rules of the game.
The road will be long and there will be monsters and corpses along the way, just try not to make it yours.
The bull market is not over.
They just want to steal your magic internet coins so that when they spend billions on marketing, they can buy them back at an exorbitant price.
Nothing has changed.
Patience, conviction, buy the dip & chill 🏝️
Ethereum has lost nearly $250 billion in market cap over the summer, even with ETFs coming to market.
And what happened?
> Massive exits and sales by Grayscale.
> Massive MT.GOX distributions.
> Mass distributions from the United States.
> Germany selling +50,000 BTC.
And what is to come?
> US interest rate cuts.
> Gradual increase in global liquidity.
> United States elections.
> FTX Refunds (+$16B).
And all this with stablecoins reaching all-time highs.
Is this the end? Are we all going to die?
I don't believe it.
For me nothing has changed.
Nobody said the bull market was going to be easy.
The best, for me, is yet to come.
You already know what happened next, the times when the feeling was as shattered and terrifying as the one we are experiencing now.
The difficult moments are what separate babies with poop on their butts from legends.
Everyone is very pro, everyone is very cocky, very gangster and very brave until it is time to buy the dip when at all hours they say that we are going to visit lower areas and everyone is terrified and with their balls in their throat.
We've all heard "If you come down to X area I'm going to put my house in your house" then they come down and shit their pants and don't buy.
It seems like a meme, but it is not.
There is something that will never change.
> The vast majority of people will sell out of fear.
> The vast majority of people will buy out of euphoria.
And it is certainly the fastest way to lose money in this market.
Sorry, I didn't make up the rules of the game.
The road will be long and there will be monsters and corpses along the way, just try not to make it yours.
The bull market is not over.
They just want to steal your magic internet coins so that when they spend billions on marketing, they can buy them back at an exorbitant price.
Nothing has changed.
Patience, conviction, buy the dip & chill 🏝️
12 days ago
📊 Top blockchains by number of transactions for August
1. Solana - 1.1 billion
2. Aptos - 578 million
3. Tron - 225 million
It was unexpected to see Aptos in the top. The project seems to have gone off the rails and is on autopilot, but it's hard to tell from the activity. Are you doing something in the Aptos network? 🤔
1. Solana - 1.1 billion
2. Aptos - 578 million
3. Tron - 225 million
It was unexpected to see Aptos in the top. The project seems to have gone off the rails and is on autopilot, but it's hard to tell from the activity. Are you doing something in the Aptos network? 🤔
13 days ago
Crypto is attractive because of its potential for fast gains
Utility isn't what's driving the majority of investors; if it were, $DOGE wouldn't hold the 4th highest market cap at $14 billion
When utility is overshadowed by speculation and quick profits, the spotlight naturally shifts to memecoins
If attention and fast gains are what truly matter, then memes will inevitably become the focus of the market
The only variable is how quickly you come to this realization
Utility isn't what's driving the majority of investors; if it were, $DOGE wouldn't hold the 4th highest market cap at $14 billion
When utility is overshadowed by speculation and quick profits, the spotlight naturally shifts to memecoins
If attention and fast gains are what truly matter, then memes will inevitably become the focus of the market
The only variable is how quickly you come to this realization
13 days ago
🇨🇭$290 billion Zurich Cantonal Bank launches Bitcoin and crypto offerings.
ZKB customers can now trade Bitcoin via the bank’s mobile banking app, eBanking, and other channels.
ZKB customers can now trade Bitcoin via the bank’s mobile banking app, eBanking, and other channels.
14 days ago
📉 The stock #Nvidia is down almost 10% today, recording the largest single-day market cap drop ever ($270 billion, almost the entire cap of Ethereum)
15 days ago
15 days ago
🚨 Massive sales threaten Bitcoin!
💥 There are 46k BTC ($2 billion) left from Mt Gox to distribute: of the 100k already distributed, many have been sold.
Governments could join the sales: 🇺🇸 🇨🇳 🇺🇦 🇬🇧 holds 500k BTC, worth $30 billion...
💥 There are 46k BTC ($2 billion) left from Mt Gox to distribute: of the 100k already distributed, many have been sold.
Governments could join the sales: 🇺🇸 🇨🇳 🇺🇦 🇬🇧 holds 500k BTC, worth $30 billion...
16 days ago
22 days ago
Tokenized US Treasury Bonds Surpass $2 Billion!
Does this sentence (and its implications) seem incomprehensible to you?
Let's break it down together
1. US Treasury bonds
These are securities issued by the American government, purchasable by anyone on traditional financial markets.
You are literally lending money to the US government and in return for this nice gesture, you are promised a return (currently 3.8 %)
Treasury bills are simply acknowledgements of debt.
The US government is indebted to you (congratulations, you have a superpower in your pocket!)
2. “tokenized”
Literally: injected into a blockchain
Treasury bonds are transformed from a "virtual electronic" state (information on the hard drive of the Fed or a central bank) to a "cryptographic" state by being transposed in the form of digital assets (i.e. tokens) on a blockchain network.
We are talking about "tokenization of financial assets"
3. What for?
Let's simplify:
- Cheaper, lower costs for the issuer (government) and the holder
- Fewer intermediaries (savings on this side too)
- Excellent liquidity
- Unlimited fragmentation potential (a treasury bond is sold at least in tranches of $100 , with tokenization it is possible to divide this threshold by 10, 100, 10,000 to make the asset accessible to a wider audience)
- Transparent
- Ultra secure
- Auditable
- ...
To put it simply, there is SO much upside to using blockchain for financial assets that there is NO scenario where this technological approach will not prevail in the coming decade.
These 2 billion are therefore a very timid incursion into a market of 27,000 billion dollars just for US Treasury Bonds (and this without even counting other asset categories, such as indexes, shares, financial real estate, etc.)
In short and in conclusion, the tokenization of global financial assets and "The (real) next big thing" for blockchain and crypto
Does this sentence (and its implications) seem incomprehensible to you?
Let's break it down together
1. US Treasury bonds
These are securities issued by the American government, purchasable by anyone on traditional financial markets.
You are literally lending money to the US government and in return for this nice gesture, you are promised a return (currently 3.8 %)
Treasury bills are simply acknowledgements of debt.
The US government is indebted to you (congratulations, you have a superpower in your pocket!)
2. “tokenized”
Literally: injected into a blockchain
Treasury bonds are transformed from a "virtual electronic" state (information on the hard drive of the Fed or a central bank) to a "cryptographic" state by being transposed in the form of digital assets (i.e. tokens) on a blockchain network.
We are talking about "tokenization of financial assets"
3. What for?
Let's simplify:
- Cheaper, lower costs for the issuer (government) and the holder
- Fewer intermediaries (savings on this side too)
- Excellent liquidity
- Unlimited fragmentation potential (a treasury bond is sold at least in tranches of $100 , with tokenization it is possible to divide this threshold by 10, 100, 10,000 to make the asset accessible to a wider audience)
- Transparent
- Ultra secure
- Auditable
- ...
To put it simply, there is SO much upside to using blockchain for financial assets that there is NO scenario where this technological approach will not prevail in the coming decade.
These 2 billion are therefore a very timid incursion into a market of 27,000 billion dollars just for US Treasury Bonds (and this without even counting other asset categories, such as indexes, shares, financial real estate, etc.)
In short and in conclusion, the tokenization of global financial assets and "The (real) next big thing" for blockchain and crypto
26 days ago
🚨 BREAKING: DBS Bank 🇸🇬 ($500 billion in assets) has launched a new project to streamline government payments with blockchain technology ‼️👀
26 days ago
💬 “HOW MUCH is 1,000 billion?
1,000 billion seconds is 31,688 years.
America is going into debt to the tune of a billion dollars every 100 days.
Now you know why you should buy gold, silver and Bitcoin?
Robert Kiyosaki, author of "Rich Dad Poor Dad", speaks out once again on X about #Bitcoin
https://x.com/therealkiyos...
1,000 billion seconds is 31,688 years.
America is going into debt to the tune of a billion dollars every 100 days.
Now you know why you should buy gold, silver and Bitcoin?
Robert Kiyosaki, author of "Rich Dad Poor Dad", speaks out once again on X about #Bitcoin
https://x.com/therealkiyos...
29 days ago
29 days ago
Bitwise Acquires ETC Group, a European Exchange Traded Products Provider, Increasing AUM to $4 .5 Billion 💰
Bitwise Plans to Expand Platform to Europe, Potentially Launching Bitcoin and Ethereum Spot ETFs
Bitwise Plans to Expand Platform to Europe, Potentially Launching Bitcoin and Ethereum Spot ETFs
29 days ago
1 month ago
US LIQUID MONEY SUPPLY - $USM2 Indicator
➡️ From January 2010 to January 2020, the US M2 money supply increased by $6 .7 billion, from $8 .5 billion to $15 .2 billion, an increase of +78%.
👉 Then, between January 2020 and April 2022, the M2 money supply jumped by $6 .4 billion, recording an increase of +41% in just two years, almost as much as over the entire previous decade!
📈 To watch in the coming months: depending on the decisions that will be taken to stimulate the economy or control inflation, a further expansion of the M2 money supply could lead to an influx of capital into financial markets, which could notably benefit cryptos, as during the COVID period.
#altcoins
➡️ From January 2010 to January 2020, the US M2 money supply increased by $6 .7 billion, from $8 .5 billion to $15 .2 billion, an increase of +78%.
👉 Then, between January 2020 and April 2022, the M2 money supply jumped by $6 .4 billion, recording an increase of +41% in just two years, almost as much as over the entire previous decade!
📈 To watch in the coming months: depending on the decisions that will be taken to stimulate the economy or control inflation, a further expansion of the M2 money supply could lead to an influx of capital into financial markets, which could notably benefit cryptos, as during the COVID period.
#altcoins
1 month ago
⛏️ Bitcoin miners could earn $13 .9 billion per year by shifting 20% of their power supply to AI and high-performance computing (HPC).
This is what emerges from the VanEck report.
“AI companies need energy, and Bitcoin miners have it.”
"Bitcoin miners typically have poor balance sheets, either because of excessive debt, too much equity issuance, too much executive compensation, or a combination of the three."
https://cointelegraph.com/...
This is what emerges from the VanEck report.
“AI companies need energy, and Bitcoin miners have it.”
"Bitcoin miners typically have poor balance sheets, either because of excessive debt, too much equity issuance, too much executive compensation, or a combination of the three."
https://cointelegraph.com/...