Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/Abdeliq on 2024-12-25 02:21:44.

The original post: /r/cryptocurrency by /u/Rent_South on 2024-12-25 02:00:45.

This XRP rally is defying logic.

It is still far from its 2017 ATH and even more so if you count inflation.

It still seems to be some liquidity for Ripple who owns 2% of its current supply and 50% of the premined yet to be released, as they please, supply.

The arguments for it replacing swift do not have a strong footing, institutional investors don't want it.

The only thing it has going for it is the potential dismissal of the lawsuit. And its brigade-like current community.

It honestly seems like a huge bubble waiting to be popped. And it is concerning as it could trigger a crypto winter if too many investors get burnt.

The more retail gets lured in, what seems to be, senseless projects like XRP, the more the community as a whole will suffer from it and it is honestly concerning.

These are honest opinions and arguments, that address the fundamentals.

But of course, I know the brigade will come...

The original post: /r/cryptocurrency by /u/LatinumGirlOnRisa on 2024-12-25 01:57:16.

This is a busier subreddit than the Moons subreddit so I thought it would be better to ask my question in here;

I can see the Moons on Arbitrum Nova in my Metamask on my Android phone but of course I can't see the balance because of the migration to Arbitrum One

I want to transfer them over to my Arbitrum One wallet account but so far anyway the only instructions I found were the ones linked to the tutorial for using the Celer bridge to move Moons between Arbitrum Nova & Arbitrum One

I have ETH on both networks but I don't remember ever moving crypto without choosing how much I want to move and I know we can choose to move a "maximum" amount but I didn't know if that option was available to choose if the wallet can't detect how much is in there. and really, I'm still a Moons 'shrimp' but I'd still hate to lose any amount of cryptocurrency to the dark abyss of the cryptoverse.

if anyone has a working knowledge of this process re: moving Moons between these 2 networks from within Metamask please chime in, thanks!

The original post: /r/cryptocurrency by /u/Balboniii on 2024-12-25 01:27:15.

Ok so hypothetically I onramp 10k to Coinbase

I buy 10k usdc and send it to an exchange like ByBit where I can trade derivatives

Lets say that 10k USDC becomes 100,000

Assuming I’m operating in good faith here and I’m literally paying taxes on all of those gains (not bullshitting or trying to be funny here), is Coinbase or Kraken going to flip shit and freeze me?

Like I’m genuinely concerned here, isn’t the point of all of this to have freedom to have control over your money and to be able to cash out and to pay yourself at the end of the day, I’m just in fear I’m going to get my shit frozen.

Any advice is appreciated

The original post: /r/cryptocurrency by /u/HotAspect8894 on 2024-12-25 01:12:24.

The original post: /r/cryptocurrency by /u/ICookHowIWant on 2024-12-24 16:20:24.

Hello, everyone! I’m looking for recommendations for a card or service that allows me to pay directly using USDC or other stablecoins without converting them to euros or other fiat currencies first. I’ve come across Redot Pay, but I noticed they charge a 1% fee on every transaction, which seems a bit steep for regular use. Are there any other tested services you’d recommend? Ideally, I’m looking for options that don’t involve purchasing gift cards (like through CryptoRefills or similar).

I’d love to hear your experiences, also similar ideas that you had.

Thanks in advance!

The original post: /r/cryptocurrency by /u/priviledgednews on 2024-12-24 16:18:52.

Created my coinbase account last night and still researching whether to invest in Blackrock’s IBIT or Grayscale’s GBTC vs. buying the coins itself. What are your suggestions?

Also, is coinbase a good exchange in terms of fees, privacy, control, etc., or something else? PrivacyGuide org recommends Monero - any thoughts?

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The original post: /r/cryptocurrency by /u/PineappleResident254 on 2024-12-24 15:01:23.

Hello everyone,

I’ve heard that on December 30th this year, USDT will be delisted from all exchanges in the EU. All of my investments in crypto in the past years were made using USDT. I deposited EUR and converted it into USDT and then bought any crypto I wanted. Now I am wondering if I will still be able to sell my crypto in the future, especially pairs like BTC/USDT and ETH/USDT. I understand I wont be able to buy them and will be forced to change pairs to BTC/USDC for example.

For my exchange I use Binance so I am wondering if they will automatically convert it to another stablecoin like USDC? Do I need to do that manually?

Do I need to take any action before the deadline, or is it fine to just keep HODLing? I don’t usually follow crypto news, so I only learned about this recently.

Thanks for your help!

EDIT: I just talked to Binance support, and they only mentioned stablecoins restrictions that were made by MiCa mid summer this year. There is no official news of USDT or other stablecoins getting delisted (yet). If that happens, Binance would make an official announcement. I am guessing that there would also be some kind of transition time for users to change stablecoins.

The original post: /r/cryptocurrency by /u/Tifoso89 on 2024-12-24 14:27:27.

The original post: /r/cryptocurrency by /u/julio420ignacius on 2024-12-24 14:07:47.

There are people who plan to exit mid-March/ 3rd Friday of March 2025. While I understand their reasoning to do so, is that time period all that much to be worried about? Or solely if you want to capitalize on gains at that time? Im familiar with how cycles go, witching days in regards to options and contracts...I just dont see the point from the perspective of holding long term. Im just looking for a little insight...if youre one who plans to exit at that time, are you doing liquidating all your holdings? Are you only taking profts on a percentage of your bags?

The original post: /r/cryptocurrency by /u/goldyluckinblokchain on 2024-12-24 10:44:55.

The original post: /r/cryptocurrency by /u/bowfly on 2024-12-24 10:42:31.

i’ve been considering investing in RWA coins because they seem like a promising opportunity. Unlike memecoins, these are supposedly backed by real-world assets, which makes them feel more legitimate and less speculative. However, I can’t shake the feeling that they might be too good to be true. One major concern I have is around the regulation of these coins. Are they properly regulated, or is there a risk that they could turn out to be a scam? What kind of due diligence should I do before investing in them, and are there any red flags to watch out for? I’d love to hear thoughts from anyone who has experience with RWA coins or similar asset-backed crypto investments. Are they truly a safe and innovative way to diversify, or is it just another trap in the world of crypto?

The original post: /r/cryptocurrency by /u/NOTPR0 on 2024-12-24 10:17:20.

The original post: /r/cryptocurrency by /u/dhj9817 on 2024-12-24 08:36:18.

I’m building an internet service and want to explore accepting cryptocurrency as the primary payment method instead of traditional currencies like dollars. My initial thought was to use Worldcoin, but I’m open to other suggestions if there are coins better suited for this.

What would be the best way to set this up? Are there particular cryptocurrencies or payment platforms you’d recommend for ease of integration, low transaction fees, and user adoption? I’m also curious about the technical and legal considerations involved—like APIs, smart contracts, or compliance requirements.

If you’ve implemented something similar, I’d love to hear your insights, lessons learned, or any resources you found helpful.

Thanks in advance for your help!

The original post: /r/cryptocurrency by /u/CriticalCobraz on 2024-12-24 08:22:36.

The original post: /r/cryptocurrency by /u/OhWiseWizard on 2024-12-24 23:39:14.

https://blog.chain.link/chainlink-smart-value-recapture-svr/

tl;dr is Chainlink has developed a way to deliver a large % of MEV lost from liquidations and is now offering that as a service to DeFi protocols.

Aave currently in governance proposal (which they'll most definitely pass since they pass all things Chainlink related) to adopt which will help them net 8 figures back to the protocol. Chainlink will take 40% of the recaptured MEV in fees: https://governance.aave.com/t/temp-check-aave-chainlink-svr-v1-integration/20378

The original post: /r/cryptocurrency by /u/intelw1zard on 2024-12-24 23:19:41.

The original post: /r/cryptocurrency by /u/goldyluckinblokchain on 2024-12-24 22:20:05.

The original post: /r/cryptocurrency by /u/Abysskitten on 2024-12-24 21:56:21.

The original post: /r/cryptocurrency by /u/partymsl on 2024-12-24 21:20:30.

The original post: /r/cryptocurrency by /u/KIG45 on 2024-12-24 20:29:43.

The original post: /r/cryptocurrency by /u/HSuke on 2024-12-24 20:09:31.

The original post: /r/cryptocurrency by /u/No-Elephant-Dies on 2024-12-24 20:04:57.

The original post: /r/cryptocurrency by /u/DaRunningdead on 2024-12-24 20:02:21.

The original post: /r/cryptocurrency by /u/0imnotreal0 on 2024-12-24 19:49:18.

Basically the title. If I bought crypto for someone, and wanted them to have access to the recovery key after a set amount of time, is there a secure way to do that?

What would be the best way to store this crypto while still allowing them to have access to it with the recovery key? Would that work with a hardware wallet, or would I have to use a desktop wallet?

The auto-message service might be a better question for privacy related subs, I’m not sure. But any ideas or advice would be appreciated.

Context, they’re young and will just find a way to withdraw it and buy weed or food. Also, if a time came where it was absolutely worth withdrawing before that time, I’d give them the key or send the money.