Cryptocurrency News & Discussion

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The original was posted on /r/cryptocurrency by /u/marvin0421 on 2023-12-08 15:22:03+00:00.

Hey all, I’m pretty new to crypto trading, and recently Canada banned transaction with USDT on most trading platforms I know. I still want to trade with USDT, how can I go about and do that? Is it possible to use a VPN to set my Region to another country and still buy banned Cryptos that way? Also any suggestions on wallets that still have Tether available in Canada would be appreciated. I’ve tried Kraken, Exodus, Zengo and a few others but all of them stopped selling USDT Tether recently. Thanks

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The original was posted on /r/cryptocurrency by /u/Devilmay_cry on 2023-12-09 14:04:57+00:00.

My friend was contacted on WhatsApp by someone saying she was a Binance agent. She promised him he can make 1-7% returns “daily” through usdt liquidity mining.

She asked him to transfer usdt to trust wallet and then sent him a dApp pool url to link his wallet. He did all this, and he was actually getting 1% return everyday.

The moment he shared this with me, I told him that the returns are too good to be true, so it’s probably a scam. I asked him to remove all his usdt from the trust wallet. Thankfully he was able to do this. I want confirmation on a few things.

1. Please confirm that is a scam. So that my friend stops blaming me for not letting him be a millionaire in 1 month.
2. And is there any risk left after he was able to transfer the usdt out of the wallet?

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The original was posted on /r/cryptocurrency by /u/eyejayvd on 2023-12-08 14:25:12+00:00.

Just a quick question for all the Coinbase power users here. I am seeing some new issues with the app and wonder if anyone has any ideas or has run into this before.

When I open the app and I am looking at my "Watchlist" of coins there are some big changes that have me concerned.

I am used to seeing the name of the coin listed, then to the right there is a graph line that is typically going down and to the right, but currently they are all showing that same line, but it is going up and to the right. That's the first thing. Then there is normally a little red box that shows a percentage number and an arrow pointing down. There is still the percentage number, but that same box is now green, and the arrow is pointing up. I am not sure if this is a bad thing, but it's a big enough change to my coins that it has me concerned. Currently, all the coins on my watch list are behaving this way.

Any help would be appreciated. I don't want to seem overly worried about this, but it has me stressed.

Oh! I almost forgot. There is also a change to the "My Assets" panel. That number is now INCREASING. I have not seen this before. Is that normal or to be expected? I have opened a ticket with Coinbase support but have not heard back.

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The original was posted on /r/cryptocurrency by /u/Original-Assistant-8 on 2023-12-09 13:55:09+00:00.

Thoughts about this VC deal?

Quick take:

"MBK Holding, a Qatar-based investment powerhouse...led by

H.E. Sheikh Mansoor Bin Khalifa Al-Thani, a prominent member of Qatar’s ruling family"

That looks to be an intriguing partnership which isn't just funding...

"Beyond the substantial financial commitment, MBK Holding extends comprehensive growth services aimed at facilitating global market access and expansion for QANplatform"

This funding is not the seed round, this comes as the project is about to launch its fully integrated testnet, prior to main.

They have already delivered a privatenet to the public which was when they first mentioned MBK getting involved.

That announcement also mentioned IBM, Alpine esports, Pankl racing systems.

I saw major potential prior to this deal. This backing and support takes it to the next level.

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The original was posted on /r/cryptocurrency by /u/Cypto_Spaniard on 2023-12-09 13:39:09+00:00.

Hi guys,

As the title states I am in need of 5X my portfolio from my current position and I am out of crypto for some time. It's been a lot of suffering and holding.

My portfolio looks like 60% ETH and BTC and 30% Top 30 and 10% top 100 ALTS. The scene seems to be getting wilder and having been here before it does not sound that crazy get the 5X that I am aiming at.

What do you think guys? Doable or seems out of reach for this cycle?

We need to keep in mind, or at least, that's what I think, that most of the alts are still quite low and have not really gone up that much.

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The original was posted on /r/cryptocurrency by /u/BlubberyGiraffe on 2023-12-09 11:24:37+00:00.

Hey guys

So for some reason, Kraken still doesn't give you a breakdown of your portfolio to see if you're in the green or not.

I use koinly which has been very helpful but the layout is a little messy and I feel like it's missing one or two things when I upload my ledgers.

Is there anything I could use to just keep track of things? I don't mind if I need to pay a little for it (I don't mean a big 30 euro a month subscription) but I don't mind if I need to pay 5 euro to download an app or something.

Appreciate any suggestions!

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2023-12-09 09:43:52+00:00.

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The original was posted on /r/cryptocurrency by /u/tvb46 on 2023-12-09 06:12:46+00:00.

The Merit Circle DAO, the world’s largest gaming-focused DAO, today announces a new strategic partnership with leading gaming platform Immutable to expand and enhance the DAO’s ecosystem, which comprises open-source blockchain network Beam and native digital asset marketplace Sphere, by harnessing Immutable's innovative platform and technology.

"This strategic alliance with Merit Circle DAO and commitment from Beam aligns perfectly with our mission to bring digital ownership to every gamer in the world. Immutable’s robust ecosystem and cutting-edge technology combined with Merit Circle’s web3 gaming expertise allows us to enrich the gaming experience for millions of players worldwide," noted James Ferguson, Co-founder and CEO of Immutable.

The Beam network is an open-source, multi-chain gaming ecosystem tailor-made to address the specific needs of gaming studios. It is a platform that simplifies the complexities of game development and dramatically enhances the overall user experience, putting the focus back on the player.

Previously exclusive to Avalanche, Beam will now also launch on Immutable zkEVM, a groundbreaking scaling solution powered by Polygon. Beam will also incorporate Immutable’s next-gen web3 solutions, such as Immutable Orderbook and Immutable Passport, to help studios and content creators increase their revenue and liquidity by sharing in-game digital asset orders across the world’s leading marketplaces whilst also providing web3 game developers with the robust tools needed to instantly onboard players through passwordless sign-on and automated wallet creation.

“At the Merit Circle DAO, we want Beam – our gaming ecosystem – to be wherever games, players and developers are. This collaboration with Immutable and Polygon Labs represents a huge leap towards that vision,” said Marco van den Heuvel, CGO and Co-founder, Merit Circle. “That’s because we know, along with our new partners, that blockchain technology will soon define gaming – and that the gaming community needs a marketplace that reflects that. Our user-friendly applications, combined with Immutable’s zkEVM, powered by Polygon, are going to be a key piece of the gaming jigsaw in the very near future. We simply can’t wait to explore what’s next.”

This partnership comes off the heels of Immutable's recent announcements with Ubisoft Strategic Innovation Lab and Amazon Web Services (AWS). As the gaming industry continues to evolve, partnerships like these mark significant strides to address key challenges in mainstream adoption of blockchain technology in gaming.

Both Immutable and Merit Circle DAO are eager to harness the potential of their partnership, confident in its capacity to deliver a fresh, innovative experience that gamers will love. Whereas the starting point is the Sphere gaming marketplace, this collaboration aims to explore more synergies, and further contribute collectively to the gaming industry.

To illustrate the possibilities, Merit Circle DAO boasts one of the largest non-native treasury in the web3 gaming industry with over $100M+ assets with extensive network of portfolio games and deep expertise in gaming and the blockchain industry. Merit Circle DAO will be committed to opportunities to invest in games or studios building on Immutable.

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The original was posted on /r/cryptocurrency by /u/ModestlyMinted on 2023-12-09 03:45:58+00:00.

Let me start by saying I've owned Bitcoin for a while. I'm not overly exposed to Bitcoin, or crypto in general, so if Bitcoin crashed tomorrow I'd be disappointed, but life would go on without pause. So while I don't have any FOMO, I do have a personal interest in the price continuing to climb. And with that I'm genuinely curious where this $1M price target floating around is coming from. Is it just the new hype and hope of those getting into crypto with the dream of being overnight millionaires, or is there some objective reasoning that this could ever actually be a possibility? I personally feel $100k is inevitable. When I hear $1M though my first instinct is that this sounds outlandish. But, I also think back years ago when Bitcoin was a few hundred dollars and the thought of even $10k sounded absurd. Then when it broke $10k, $50k sounded ridiculous. Now I've come to be more open minded when considering what Bitcoin could eventually be worth. I’ve always believed in the technology, but I wasn't sure if it would ever catch on with the general population. Now that it has it's clear that the general consensus is that this has value. And with value comes the market eventually settling on a fair price. So, I'm curious if anyone believes that Bitcoin will eventually reach $1M, and if so, why?

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The original was posted on /r/cryptocurrency by /u/bry578 on 2023-12-09 03:13:44+00:00.

My journey in the crypto world began back in August 2021. As most of you know that was pretty much the peak of the bull run. About every coin that I bought was damn near at its ATH. I was watching videos about :

ADA reaching $10 ( i bought just below $3 )

LINK reaching $100 ( bought just below $50 )

DOT reaching $100 ( bought just below 40 ).

There were a few others but those were the most talked about at the time. I would say about a week later everything started to drop. I was just coming over from the wallstreet bets tiger blood hopium that was the GameStop and amc whirlwind. I was kind of used to market volatility. The money I had made off that is what i used to invest in crypto. I knew NOTHING OF THE CRYPTO WORLD!

My account just kept dropping, and dropping and dropping. I didnt invest anything until about 6 months later. I was defeated.

I NEVER SOLD!!!!

Now im not some big time investor. I only had about 2K invest total, so i was not completely devastated. I was about 90% down at the worst. Around $300 total. Again I didnt invest to much, so i wasnt to stressed. Thats when I started to research and learn about crypto.

Over the course of the past almost 2 years, I have been DCA down on the coins i held the whole time. I opened up a few new positions on coins that I feel could be promising and thats where i mostly put my money.

I am a single father, paying for my daughters daycare. and I live in South Florida. Those of you know, know how much that shit cost. I put what i could into my investments. I met goals, and i pushed the line even further. I sacrificed certain liberties in my life in hopes of what the future could hold. I am fully aware of the risk / reward that is at hand. High risk, High reward. Thats the crypto world. I dont expext to make $1 million off of a $1K investment. I am aiming for a realistic goal, say $50K - $100K ( if things really pop off !)

TODAY IS THE FIRST TIME IN MY CRYPTO HISTORY THAT I AM FINALLY POSITIVE!!! I cant fucking believe it! My portfolio is finally in the positive! I had my doubts. I had my moments where i wanted to cash out and just give up. My account has grown and grown and grown over the past month. The only coin that was really exploded for me has been LINK. All other coins have been say sub 10% - 15% gains. It brings life back to me. it brings hope, it brings a smile to my face, it brings excitement.

Tonight I cracked open my special whiskey ( Stagg ), and i pour it for myself and for all of you! I hope your journey has led you down the same path and I wish all of you the same fortune! May the next year or so bring us all fortune and spoils! CHEERS!!!!

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/tvb46 on 2023-12-09 06:12:46+00:00.

The Merit Circle DAO, the world’s largest gaming-focused DAO, today announces a new strategic partnership with leading gaming platform Immutable to expand and enhance the DAO’s ecosystem, which comprises open-source blockchain network Beam and native digital asset marketplace Sphere, by harnessing Immutable's innovative platform and technology.

"This strategic alliance with Merit Circle DAO and commitment from Beam aligns perfectly with our mission to bring digital ownership to every gamer in the world. Immutable’s robust ecosystem and cutting-edge technology combined with Merit Circle’s web3 gaming expertise allows us to enrich the gaming experience for millions of players worldwide," noted James Ferguson, Co-founder and CEO of Immutable.

The Beam network is an open-source, multi-chain gaming ecosystem tailor-made to address the specific needs of gaming studios. It is a platform that simplifies the complexities of game development and dramatically enhances the overall user experience, putting the focus back on the player.

Previously exclusive to Avalanche, Beam will now also launch on Immutable zkEVM, a groundbreaking scaling solution powered by Polygon. Beam will also incorporate Immutable’s next-gen web3 solutions, such as Immutable Orderbook and Immutable Passport, to help studios and content creators increase their revenue and liquidity by sharing in-game digital asset orders across the world’s leading marketplaces whilst also providing web3 game developers with the robust tools needed to instantly onboard players through passwordless sign-on and automated wallet creation.

“At the Merit Circle DAO, we want Beam – our gaming ecosystem – to be wherever games, players and developers are. This collaboration with Immutable and Polygon Labs represents a huge leap towards that vision,” said Marco van den Heuvel, CGO and Co-founder, Merit Circle. “That’s because we know, along with our new partners, that blockchain technology will soon define gaming – and that the gaming community needs a marketplace that reflects that. Our user-friendly applications, combined with Immutable’s zkEVM, powered by Polygon, are going to be a key piece of the gaming jigsaw in the very near future. We simply can’t wait to explore what’s next.”

This partnership comes off the heels of Immutable's recent announcements with Ubisoft Strategic Innovation Lab and Amazon Web Services (AWS). As the gaming industry continues to evolve, partnerships like these mark significant strides to address key challenges in mainstream adoption of blockchain technology in gaming.

Both Immutable and Merit Circle DAO are eager to harness the potential of their partnership, confident in its capacity to deliver a fresh, innovative experience that gamers will love. Whereas the starting point is the Sphere gaming marketplace, this collaboration aims to explore more synergies, and further contribute collectively to the gaming industry.

To illustrate the possibilities, Merit Circle DAO boasts one of the largest non-native treasury in the web3 gaming industry with over $100M+ assets with extensive network of portfolio games and deep expertise in gaming and the blockchain industry. Merit Circle DAO will be committed to opportunities to invest in games or studios building on Immutable.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Ok_Seaworthiness_709 on 2023-12-09 02:11:58+00:00.

As a gamer my initial thoughts on defi + gaming were absolutely bearish. Like most purists on here, I would criiiinge at the notion of these two ever overlapping.

Well I was wrong. After being forced to spend a couple of weeks at home healing a broken leg without much to do, I finally gave gamefi a stab. 

Now… I’m not Massively overwhelmed but I stand corrected and convinced - gamefi is much better than what I thought.

What is your current take on the industry?

I found StarAtlas to be pretty damn addicting. Say what you want about solana but I see them becoming one of the juggernauts of web3 gaming (Gameshift, superteam hackathons, tps upgrades, etc.)

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/ModestlyMinted on 2023-12-09 03:45:58+00:00.

Let me start by saying I've owned Bitcoin for a while. I'm not overly exposed to Bitcoin, or crypto in general, so if Bitcoin crashed tomorrow I'd be disappointed, but life would go on without pause. So while I don't have any FOMO, I do have a personal interest in the price continuing to climb. And with that I'm genuinely curious where this $1M price target floating around is coming from. Is it just the new hype and hope of those getting into crypto with the dream of being overnight millionaires, or is there some objective reasoning that this could ever actually be a possibility? I personally feel $100k is inevitable. When I hear $1M though my first instinct is that this sounds outlandish. But, I also think back years ago when Bitcoin was a few hundred dollars and the thought of even $10k sounded absurd. Then when it broke $10k, $50k sounded ridiculous. Now I've come to be more open minded when considering what Bitcoin could eventually be worth. I’ve always believed in the technology, but I wasn't sure if it would ever catch on with the general population. Now that it has it's clear that the general consensus is that this has value. And with value comes the market eventually settling on a fair price. So, I'm curious if anyone believes that Bitcoin will eventually reach $1M, and if so, why?

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/bry578 on 2023-12-09 03:13:44+00:00.

My journey in the crypto world began back in August 2021. As most of you know that was pretty much the peak of the bull run. About every coin that I bought was damn near at its ATH. I was watching videos about :

ADA reaching $10 ( i bought just below $3 )

LINK reaching $100 ( bought just below $50 )

DOT reaching $100 ( bought just below 40 ).

There were a few others but those were the most talked about at the time. I would say about a week later everything started to drop. I was just coming over from the wallstreet bets tiger blood hopium that was the GameStop and amc whirlwind. I was kind of used to market volatility. The money I had made off that is what i used to invest in crypto. I knew NOTHING OF THE CRYPTO WORLD!

My account just kept dropping, and dropping and dropping. I didnt invest anything until about 6 months later. I was defeated.

I NEVER SOLD!!!!

Now im not some big time investor. I only had about 2K invest total, so i was not completely devastated. I was about 90% down at the worst. Around $300 total. Again I didnt invest to much, so i wasnt to stressed. Thats when I started to research and learn about crypto.

Over the course of the past almost 2 years, I have been DCA down on the coins i held the whole time. I opened up a few new positions on coins that I feel could be promising and thats where i mostly put my money.

I am a single father, paying for my daughters daycare. and I live in South Florida. Those of you know, know how much that shit cost. I put what i could into my investments. I met goals, and i pushed the line even further. I sacrificed certain liberties in my life in hopes of what the future could hold. I am fully aware of the risk / reward that is at hand. High risk, High reward. Thats the crypto world. I dont expext to make $1 million off of a $1K investment. I am aiming for a realistic goal, say $50K - $100K ( if things really pop off !)

TODAY IS THE FIRST TIME IN MY CRYPTO HISTORY THAT I AM FINALLY POSITIVE!!! I cant fucking believe it! My portfolio is finally in the positive! I had my doubts. I had my moments where i wanted to cash out and just give up. My account has grown and grown and grown over the past month. The only coin that was really exploded for me has been LINK. All other coins have been say sub 10% - 15% gains. It brings life back to me. it brings hope, it brings a smile to my face, it brings excitement.

Tonight I cracked open my special whiskey ( Stagg ), and i pour it for myself and for all of you! I hope your journey has led you down the same path and I wish all of you the same fortune! May the next year or so bring us all fortune and spoils! CHEERS!!!!

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Ok_Seaworthiness_709 on 2023-12-09 02:11:58+00:00.

As a gamer my initial thoughts on defi + gaming were absolutely bearish. Like most purists on here, I would criiiinge at the notion of these two ever overlapping.

Well I was wrong. After being forced to spend a couple of weeks at home healing a broken leg without much to do, I finally gave gamefi a stab. 

Now… I’m not Massively overwhelmed but I stand corrected and convinced - gamefi is much better than what I thought.

What is your current take on the industry?

I found StarAtlas to be pretty damn addicting. Say what you want about solana but I see them becoming one of the juggernauts of web3 gaming (Gameshift, superteam hackathons, tps upgrades, etc.)

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/trafalgarDxlaw on 2023-12-09 02:11:38+00:00.

Which wallet to receive usdt without Id

So I'm receiving some usdt from a friend

but i don't know any wallet to receive it i have checked multiple wallet but they all requires your ID and even selfie i have used crypto in past but there no ID verification and things like that. I found some wallet but they only offer wallets for bitcoin.

I'm not into crypto, and I'm not planning to use that usdt for trading or sometimes i will send it in few weeks so it's not worthy giving my personal information specifically My ID

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/trafalgarDxlaw on 2023-12-09 02:11:38+00:00.

Which wallet to receive usdt without Id

So I'm receiving some usdt from a friend

but i don't know any wallet to receive it i have checked multiple wallet but they all requires your ID and even selfie i have used crypto in past but there no ID verification and things like that. I found some wallet but they only offer wallets for bitcoin.

I'm not into crypto, and I'm not planning to use that usdt for trading or sometimes i will send it in few weeks so it's not worthy giving my personal information specifically My ID

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/CryptoDaily- on 2023-12-09 00:00:39+00:00.

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

Rules:

• All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
• Discussion topics must be related to cryptocurrency.
• Behave with civility and politeness. Do not use offensive, racist or homophobic language.
• Comments will be sorted by newest first.

Useful Links:

• Beginner Resources
• Intro to r/Cryptocurrency MOONs 🌔
• MOONs Wiki Page
• r/CryptoCurrency Discord
• r/CryptoCurrencyMemes
• Prior Daily Discussions - (Link fixed.)
• r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.

Finding Other Discussion Threads

Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.

• u/CryptoDaily- — Posts the Daily Crypto Discussion threads.
• u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads.
• u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads.
• u/CryptoNewsUpdates — Posts the Monthly News Summary threads.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/CryptoDaily- on 2023-12-09 00:00:39+00:00.

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

Rules:

• All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
• Discussion topics must be related to cryptocurrency.
• Behave with civility and politeness. Do not use offensive, racist or homophobic language.
• Comments will be sorted by newest first.

Useful Links:

• Beginner Resources
• Intro to r/Cryptocurrency MOONs 🌔
• MOONs Wiki Page
• r/CryptoCurrency Discord
• r/CryptoCurrencyMemes
• Prior Daily Discussions - (Link fixed.)
• r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.

Finding Other Discussion Threads

Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.

• u/CryptoDaily- — Posts the Daily Crypto Discussion threads.
• u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads.
• u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads.
• u/CryptoNewsUpdates — Posts the Monthly News Summary threads.

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The original was posted on /r/cryptocurrency by /u/jeeden222 on 2023-12-08 23:40:37+00:00.

I thought this was banned across the board in the USA (at least for CA & NY and some other states).

Is this because Binance.US no longer allows for USD? (you have to use third party for USD to USDT).

I checked the USD to USDT fee and it's outrageous. So I looked into moving to Kraken but saw their staking is banned and same for Coinbase.

I really enjoyed getting some interest/divs on my crypto that I planned on just holding. When Binance announced the unbonding periods that irked me a bit (some are like 30 days to unbond). But thought it was ok. Now I'm a little fed up with that plus the USD to USDT thing.

If it's the end of getting staking rewards, so be it I guess - but I'm just curious as to how Binance.US is still allowed to do it. I can even stake more (where as Coinbase for example didn't force unstaking, but didn't allow you to stake more). Just curious if anyone has news or reasoning for this as I'm out of the loop. I wanted to start auto buying again but then went down this rabbit hole.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/jeeden222 on 2023-12-08 23:40:37+00:00.

I thought this was banned across the board in the USA (at least for CA & NY and some other states).

Is this because Binance.US no longer allows for USD? (you have to use third party for USD to USDT).

I checked the USD to USDT fee and it's outrageous. So I looked into moving to Kraken but saw their staking is banned and same for Coinbase.

I really enjoyed getting some interest/divs on my crypto that I planned on just holding. When Binance announced the unbonding periods that irked me a bit (some are like 30 days to unbond). But thought it was ok. Now I'm a little fed up with that plus the USD to USDT thing.

If it's the end of getting staking rewards, so be it I guess - but I'm just curious as to how Binance.US is still allowed to do it. I can even stake more (where as Coinbase for example didn't force unstaking, but didn't allow you to stake more). Just curious if anyone has news or reasoning for this as I'm out of the loop. I wanted to start auto buying again but then went down this rabbit hole.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Kontikulus on 2023-12-08 23:29:24+00:00.

You feel it in the air. As soon as bitcoin reaches mainstream news due to high price, they are coming here. Newcomers, who have their first surplus after all the bills are paid and now think that crypto will go up 15% a week for another year or so.

"The math is easy! 15% a week for 52 weeks and my 1000 bucks will become almost 1,5 million!" A flawless conclusion after extrapolating the (very recent) data.

But this is only the fist stage! The second stage:

"I invested after bitcoin shoot up 15% and now I am down 10%! How could that be? It is over and I need to sell!" A sensible reaction after buying a volatile asset that was very overbought. But don't worry, they will be back next day after buying in again and losing a part of the initial investment for no reason.

Now comes the third stage:

"I did the math again and realized that I will become a millionaire much quicker if a invest in this new CumElonDoge coin that I see everywhere. It quadrupled in a day so I will buy today and will be a carefree person in less than a week!" A logical conclusion. Nothing with "Elon" in its name can go wrong! If you think otherwise, go fuck yourself!

If we are lucky, we could stop some of those people, but on the other hand... It is kinda fun seeing this level of idiocy but not being the idiot anymore. So maybe, sometimes, you could just say "you go man! chase your dreams!" and see what happens.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Kontikulus on 2023-12-08 23:29:24+00:00.

You feel it in the air. As soon as bitcoin reaches mainstream news due to high price, they are coming here. Newcomers, who have their first surplus after all the bills are paid and now think that crypto will go up 15% a week for another year or so.

"The math is easy! 15% a week for 52 weeks and my 1000 bucks will become almost 1,5 million!" A flawless conclusion after extrapolating the (very recent) data.

But this is only the fist stage! The second stage:

"I invested after bitcoin shoot up 15% and now I am down 10%! How could that be? It is over and I need to sell!" A sensible reaction after buying a volatile asset that was very overbought. But don't worry, they will be back next day after buying in again and losing a part of the initial investment for no reason.

Now comes the third stage:

"I did the math again and realized that I will become a millionaire much quicker if a invest in this new CumElonDoge coin that I see everywhere. It quadrupled in a day so I will buy today and will be a carefree person in less than a week!" A logical conclusion. Nothing with "Elon" in its name can go wrong! If you think otherwise, go fuck yourself!

If we are lucky, we could stop some of those people, but on the other hand... It is kinda fun seeing this level of idiocy but not being the idiot anymore. So maybe, sometimes, you could just say "you go man! chase your dreams!" and see what happens.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Brinker59 on 2023-12-08 23:24:00+00:00.

Axo, the decentralized exchange on the Cardano blockchain, is making waves in the world of cryptocurrency and decentralized finance (DeFi). Launched with anticipation, Axo introduces advanced trading features, creating a user-friendly platform for both beginners and seasoned traders. With unique programmable swaps, secure operations, and inclusive governance, Axo aims to redefine digital asset trading.

Key Features of Axo:

1. Innovative Smart Contracts: Axo's auto-generating smart contracts with programmable swaps optimize efficiency and security in each trade.
2. Enhanced Security: The use of the x programming language ensures a high level of security, crucial for financial applications.
3. Revolutionizing Market Making: Axo enables fractionalized liquidity, expanding possibilities for on-chain market making.
4. Autonomous Trading: Programmable swaps adapt to real-time market changes, creating a dynamic trading environment.
5. Fair and Efficient Execution: Order Matching Engines guarantee impartial and efficient trade execution, a cornerstone of Axo's platform.
6. Advanced Trading Intelligence: The Signal Engine processes live on- and off-chain data, empowering traders with real-time insights.
7. Customizable Strategies: Axo offers a diverse array of order types and a strategy composer for both novice and experienced traders.
8. Community-Centric Governance: Axo actively involves its community in governance, reflecting its commitment to democratized finance.
9. Cultural Sensitivity in Branding: The rebranding effort reflects Axo's commitment to cultural inclusivity and accessibility.

Trading Strategies on Axo:

• Axo provides pre-defined trading strategies and a composer mode for users to create or update their own.
• Notable strategies include Avellaneda-Stoikov Market Making, Stop-Loss Limit, Take-Profit Limit, Trailing Limit If Touched, and Box Top with Slippage.

Community and Market Response:

• Axo's public testnet on Cardano has garnered a positive response, showcasing interest in its user-friendly interfaces and innovative features.
• Some concerns raised about Axo's UTxO-based Order Matching Engine have been addressed by the team, demonstrating responsiveness to feedback.

Future Outlook and Implications:

• Axo's integration into the Cardano ecosystem could impact decentralized finance, leading to innovations and attracting developers, investors, and users.
• Regulatory challenges may arise as Axo expands, setting precedents for other DeFi platforms.
• Community-driven governance and user-friendly interfaces could enhance global financial inclusion.

AXO Token:

• The AXO token, with a fixed supply of 42 million, has a strategic allocation for development, treasury, platform rewards, early adopter airdrops, and private sales.
• The tokenomics structure aims to support the platform's vision and sustainability.

Market Analysis and Prediction:

• Axo's potential market capitalization is projected to grow, influenced by the expanding DeFi space and potential entry into the hedge funds software market.
• A market capitalization projection of $40 billion USD by 2030 suggests a significant growth potential, although the cryptocurrency market's volatility is a key factor.

Conclusion: Axo's innovative features, commitment to security, and user-centric design position it as a leader in the DeFi landscape. With a well-thought-out tokenomics structure and positive community response, Axo shows promise in influencing the future of decentralized finance and digital asset trading.

Original article:

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Brinker59 on 2023-12-08 23:24:00+00:00.

Axo, the decentralized exchange on the Cardano blockchain, is making waves in the world of cryptocurrency and decentralized finance (DeFi). Launched with anticipation, Axo introduces advanced trading features, creating a user-friendly platform for both beginners and seasoned traders. With unique programmable swaps, secure operations, and inclusive governance, Axo aims to redefine digital asset trading.

Key Features of Axo:

1. Innovative Smart Contracts: Axo's auto-generating smart contracts with programmable swaps optimize efficiency and security in each trade.
2. Enhanced Security: The use of the x programming language ensures a high level of security, crucial for financial applications.
3. Revolutionizing Market Making: Axo enables fractionalized liquidity, expanding possibilities for on-chain market making.
4. Autonomous Trading: Programmable swaps adapt to real-time market changes, creating a dynamic trading environment.
5. Fair and Efficient Execution: Order Matching Engines guarantee impartial and efficient trade execution, a cornerstone of Axo's platform.
6. Advanced Trading Intelligence: The Signal Engine processes live on- and off-chain data, empowering traders with real-time insights.
7. Customizable Strategies: Axo offers a diverse array of order types and a strategy composer for both novice and experienced traders.
8. Community-Centric Governance: Axo actively involves its community in governance, reflecting its commitment to democratized finance.
9. Cultural Sensitivity in Branding: The rebranding effort reflects Axo's commitment to cultural inclusivity and accessibility.

Trading Strategies on Axo:

• Axo provides pre-defined trading strategies and a composer mode for users to create or update their own.
• Notable strategies include Avellaneda-Stoikov Market Making, Stop-Loss Limit, Take-Profit Limit, Trailing Limit If Touched, and Box Top with Slippage.

Community and Market Response:

• Axo's public testnet on Cardano has garnered a positive response, showcasing interest in its user-friendly interfaces and innovative features.
• Some concerns raised about Axo's UTxO-based Order Matching Engine have been addressed by the team, demonstrating responsiveness to feedback.

Future Outlook and Implications:

• Axo's integration into the Cardano ecosystem could impact decentralized finance, leading to innovations and attracting developers, investors, and users.
• Regulatory challenges may arise as Axo expands, setting precedents for other DeFi platforms.
• Community-driven governance and user-friendly interfaces could enhance global financial inclusion.

AXO Token:

• The AXO token, with a fixed supply of 42 million, has a strategic allocation for development, treasury, platform rewards, early adopter airdrops, and private sales.
• The tokenomics structure aims to support the platform's vision and sustainability.

Market Analysis and Prediction:

• Axo's potential market capitalization is projected to grow, influenced by the expanding DeFi space and potential entry into the hedge funds software market.
• A market capitalization projection of $40 billion USD by 2030 suggests a significant growth potential, although the cryptocurrency market's volatility is a key factor.

Conclusion: Axo's innovative features, commitment to security, and user-centric design position it as a leader in the DeFi landscape. With a well-thought-out tokenomics structure and positive community response, Axo shows promise in influencing the future of decentralized finance and digital asset trading.

Original article: