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601  Bitcoin / Legal / Re: US Spot Bitcoin ETF Issuers Manage $17 Trillion in Assets on: January 18, 2024, 04:25:01 PM
I have seen a lot of such news, and large funds have profitably sold Bitcoin on exchanges at over $46,000.
https://cryptoslate.com/grayscale-transfers-200m-bitcoin-to-coinbase-prime-hinting-at-possible-etf-redemption-activity/
"Grayscale transfers $200M Bitcoin to Coinbase Prime hinting at possible ETF redemption activity
Grayscale has begun moving Bitcoin out of its trust and sending it to Coinbase as of 2 p.m. GMT, Jan. 12. A total of 4,000 BTC (roughly $200M) has been sent as of press time, with all Bitcoin going to Coinbase Prime, one of the key participants in the series of Bitcoin ETFs launched yesterday.

Coinbase acts as the broker and trading counterparty for almost all ETF issuers, including Grayscale. Thus, it is likely that this transfer indicates outflows from the trust from sales yesterday. The last outflows before today were around 2 weeks again, where there were multiple transactions in and out of the Grayscale Bitcoin wallets."
602  Bitcoin / Legal / Re: CFTC releases a report on DeFi, recommends certain actions from the government on: January 18, 2024, 04:22:14 PM
To be honest, this is not exclusive. We've been talking about this for a long time, but there are a lot of projects in Defi, and it's impossible to control everything. Many projects do not operate in the United States and are not required to adopt their regulations.
Defi is not as decentralized as it claims, and I believe that these services are open to digital identity, but they need to facilitate registration procedures and obtaining a license. If the government shows cooperation in the laws, I believe that Defi will be allowed in the United States, otherwise (which is most likely) they will be banned soon, especially since some of them are not. They are in line with the Federal Reserve’s financing policy and imposing profits on deposits.
In DeFi projects, user identification is impossible, but only a whitelist of addresses is possible. Perhaps there will be companies that will get licenses and solve this problem.
I haven't seen any direct bans on DeFi in the US yet, and their tax regulations are quite ready for DeFi, although it will be difficult for users to keep records.
603  Bitcoin / Legal / Tether Cryptocurrency Becoming ‘Preferred Choice’ Among Money Launderers on: January 18, 2024, 04:15:07 PM
https://www.forbes.com/sites/roberthart/2024/01/15/tether-cryptocurrency-becoming-preferred-choice-among-money-launderers-and-scammers-un-warns/?sh=553fd7ef6385
Tether Cryptocurrency Becoming ‘Preferred Choice’ Among Money Launderers And Scammers, UN Warns
"Tether, one of the world’s most traded cryptocurrencies, has become a key tool for criminals, money launderers and scammers, according to a United Nations report published Monday, amid intensifying legal and regulatory scrutiny over how digital assets are being used to aid illicit activity."
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A new attack on Tether has begun anew across many major news resources.
604  Local / Разное / Re: Citadel LLC on: January 18, 2024, 04:11:53 PM
А сами заходили на данную площадку?)
Крупные хедж фонды находятся в США и Европе. В ТОП 20 Азии нет.
Сайт смотрел, но с РФ они не работают.
https://www.citadel.com/
605  Alternate cryptocurrencies / Altcoin Discussion / US Spot Ethereum ETF on: January 17, 2024, 06:21:30 PM
https://www.coindesk.com/markets/2024/01/12/blackrock-ceo-larry-fink-backs-ether-etf/
"BlackRock CEO Larry Fink Backs Ether ETF
The asset management giant may now be looking to list an equivalent product for ether, the native token of the Ethereum blockchain, as part of its ongoing journey toward tokenization."

If BlackRock is interested, at this rate we could see it in a few quarters. Ethereum price could rise to $3,500
606  Bitcoin / Legal / Re: Hong Kong's Plans to Legalize Retail Crypto Trading on: January 17, 2024, 06:17:30 PM
https://www.thestandard.com.hk/section-news/section/2/259453/Hong-Kong-may-follow-suit-as-US-approves-bitcoin-ETFs
"Hong Kong may give the green light for spot crypto exchange-traded funds in the near future after US regulators for the first time approved ETFs that invest directly in bitcoin, but with words of caution.

The US Securities and Exchange Commission authorized 11 such funds from industry heavyweights BlackRock, Invesco and Fidelity to smaller competitors including Valkyrie to begin trading yesterday.

The ETF managers kicked off a fee war even before the approval."
607  Bitcoin / Legal / Re: US Spot Bitcoin ETF Issuers Manage $17 Trillion in Assets on: January 17, 2024, 06:10:15 PM
Buy allowing BlackRock into the cryptocurrency market, SEC puts us in a grave situation. While majority of the people thought that Bitcoin price will increase, in reality it is decreasing. This allows blackrock to become the largest institutional holder of Bitcoin. They will have absolute power to manipulate the market as per there wish.

That is exactly what I feared and it seems it is now a reality. Welcome to the world of Wall Street manipulation.
"Sell on the news"(C)

https://www.coindesk.com/business/2024/01/11/ubs-will-let-some-customers-trade-bitcoin-etfs-contrary-to-rumors-source/
"UBS and Citi Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors
The banking giants' decisions contrast with Vanguard's decision to bar customers from buying bitcoin ETFs."

It seems that banks are tired of being fools and prohibiting clients from legal investments Smiley

Lol! That is a news to cheer on. My concern is not on the news. Manipulation is real and someone with a very deep pocket like Blackrock, poses a real threat to the decentralized bitcoin ecosystem. They have so much power that they can make all major newspapers around the world to publish negative news on Bitcoin at the same day so that the market can crash. Then when they are done buying Bitcoins at the lower rate, publish all previous news as FUD and encourage people to invest in it.

Black rock is the biggest investment company in the world. The amount of manipulation they can play with any market, is un imaginable.
For such manipulations, you need to control a very large part of bitcoins. Not all users will follow the recommendations in newspapers and it is more profitable for manipulators to cut hamsters who use large trading leverage. We must not forget that this crypto market is still very small.
608  Bitcoin / Legal / Re: CFTC releases a report on DeFi, recommends certain actions from the government on: January 17, 2024, 02:54:42 PM
To be honest, this is not exclusive. We've been talking about this for a long time, but there are a lot of projects in Defi, and it's impossible to control everything. Many projects do not operate in the United States and are not required to adopt their regulations.
They will try to control Ethereum by rejecting transactions from sanctions lists, but these measures are not enough.
609  Bitcoin / Legal / Re: US Spot Bitcoin ETF Issuers Manage $17 Trillion in Assets on: January 17, 2024, 02:50:40 PM
Buy allowing BlackRock into the cryptocurrency market, SEC puts us in a grave situation. While majority of the people thought that Bitcoin price will increase, in reality it is decreasing. This allows blackrock to become the largest institutional holder of Bitcoin. They will have absolute power to manipulate the market as per there wish.

That is exactly what I feared and it seems it is now a reality. Welcome to the world of Wall Street manipulation.
"Sell on the news"(С)

https://www.coindesk.com/business/2024/01/11/ubs-will-let-some-customers-trade-bitcoin-etfs-contrary-to-rumors-source/
"UBS and Citi Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors
The banking giants' decisions contrast with Vanguard's decision to bar customers from buying bitcoin ETFs."

It seems that banks are tired of being fools and prohibiting clients from legal investments Smiley
610  Bitcoin / Legal / Re: Are Coinbase now immortal? on: January 17, 2024, 02:42:50 PM
It’s very strange for me to hear your negativity. I have a very adequate attitude towards the United States, and while this country is the first in terms of economy, I am interested in their practice with cryptocurrencies.

No, you changed your attitude when you realized how wrong you were, first you accused them of extraordinary interest rates, then that they don't put the equal sign between a rogue exchange that follows no rule and an exchange that reports everything every 3 months and stopped when realized that you're asking exactly for what you don't actually want, the US to make all the rules all over the world!

Binance didn’t just come to the US out of nowhere.

That's exactly where they came from since they actually have no headquarters.
A company with a 100$ in assets, incorporated in Delaware and having some virtual offices in California, with no actual presence not even customer support in the US demands to be allowed to create a coin pegged to the dollar with no way of verfifg the assets behind it and do business in the US as every other company!

The Russian community is very large and there is no law in Russia that would punish me for communicating on the Bitcointalk forum.
~
 There are more freedoms in Russia.

I dare you to say something negative about the invasion of Ukraine or the deaths of thousands of russian soldieries for Putin's ego!
But be careful, before you're going to jump from the 10th floor of a two floor building you might get kicked out of your signature campaign, where the rules are not allowing you to talk on the subject!  Wink
MUCH freedom! SUCH liberty! Wow nonsense!

I only trust statistics from decentralized exchanges because these data can be verified.

Biggest mistake as that can be faked into trillions by just a single guy with pockets 1/millionth of the volume.
Ok, Binance are scammers, but nevertheless they were able to take a lot of money from hamsters in the USA and according to statistics (which may be fake) they are leaders in the cryptocurrency trading market. Winans stole 5 billion and paid a fine of 4 billion, so they made money. Or do you think that CZ took out a loan?

Look at the swap cost on the decentralized exchange in Ethereum. You can trade millions, but you will have a lot of slippage.
https://etherscan.io/gastracker

The US is bombing Yemen, Israel is killing thousands of Palestinian children, but
Rhetorical question: "Why is Russia a main terrorist country?"
https://bitcointalk.org/index.php?topic=5441385

____
Latest data for 2023
"Binance’s market share decreased from 54.2% to 48.7%, marking a 5% decline, yet it still maintains a dominant position"
https://tokeninsight.com/en/research/reports/crypto-exchanges-2023-annual-report
611  Bitcoin / Legal / Re: The best countries tax wise for Bitcoin on: January 17, 2024, 02:16:53 PM
United Arab Emirates is pretty good!

0% and legal as long as it was not obtained illegally.
In the United Arab Emirates, taxes are included in the standard of living. In these countries, real estate is very expensive, legal services for registering companies, medicine, education and real estate rental are also expensive. 4-5 months of the year it is very hot there, and if you are not used to temperatures of 50 degrees Celsius during the day, then it will be very difficult for you.

Not more than in most big western countries.

Some prices are lower such as construction and home services.

I saw OK flats at 500$/month.
The UAE is an expensive country to live in, and for $500 you won’t get the best apartment to rent. I have not been to Qatar or Bahrain, but I can say that it is cheaper to live in Saudi Arabia if there are no problems with visas. Gasoline prices there are cheaper than in Europe, but the UAE is a good place for a crypto company, although many have moved to Lisbon.
612  Bitcoin / Legal / Re: Signature mixers question on: January 17, 2024, 12:07:39 PM
I'm supposed to do a report every time I get paid - which means every week, which is completely insane. Therefore, if someone makes such an insane request, I think we can agree that paying taxes on the earnings from signature campaigns is by no means an option for people in my situation.

Given that I live in an extremely corrupt country where in the last 8 years about 30 ministers have been fired or resigned due to corrupt actions, believe me I sleep peacefully when I know that my money did not go into their pockets.


What is that real you need to file a report every time you get paid, here in my country Just the same as zasad@ that you need to fill in a year.
What country do you live in bro? just curious  Cheesy

and maybe if I were Op I would not going to record any money that comes from the mixer neither from signature or my personal fund since the mixer in my opinion is kinda in a grey area at least for the regulator. so better opt-out.
I understand that tax authorities in different countries are improving tax collection, but I don’t think that everything is so serious that they would waste resources on users who earn about $100 a week. I think that the spent resources of the tax authorities will not pay off. If my tax office required me to report for each payment, then I would receive bitcoins for the subscription campaign to an unofficial address, and then every quarter or year I would transfer bitcoins through an exchange for Monero from the unofficial address to the official one and pay taxes.
But sometimes it is better not to report coins, and you will not be asked questions.

You are only overcomplicating things isn't? Since you are sending your signature campaign earnings throught Monero, and then into an exchange, you are just going to get your dox attached to Monero transactions, and exchanges are increasingly more anti privacy coins, and I suspect governments wouldn't be a fan as well. So that really does not fix anything. Once you cash out, either your bank or your government could ask for proof of funds as well. Not really a solution imo. Either you don't report it, or you try to be as clear as possible if you report it. The problem is, if you don't report it, then what do you do with the coins? You cannot barely do anything with crypto if you don't convert it to fiat anyway.
In my country there is no problem exchanging cryptocurrencies for cash.
If you use a bank, you can legally transfer money to a self-employed account and pay 4% tax. There are limits of $26,000 per year, but according to the law, the tax office does not have the right to conduct audits and I am not required to keep accounting records.
If you use the exchange, then without KYC and this is more for the mixer function.
613  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 17, 2024, 11:55:55 AM
The policy when working with regulators in the Ethereum ecosystem should suit everyone. White and black lists, blocking in smart contracts and a large number of level 2 solutions and even level 3 solutions will make Ethereum the main coin in the future.
This ecosystem has all the famous stablecoins and huge trading volumes.

I'm on the fence about that.  Sure, getting buddy-buddy with the regulators could help Ethereum become top dog one day by making it seem more legit.  But it could also backfire.  The regulators might force Ethereum to add a bunch of red tape that makes it harder for developers to create new apps.  Or worse, they could just ban certain kinds of transactions, which would be a punch in the guts. 

So it's hard to say if getting regulators on board is worth the risk and  ethereum has done pretty well so far just doing its own thing without worrying what the higher-ups think.  Then again having the big bad government's blessing could convince more people to jump on the Ethereum train.  At the end of the day its hard to predict how it would all shake out. 

Politics have not worked in the crypto world for a long time.
Modern smart contracts have built-in blocking and backup functions, which are enough to solve many problems. And adding a list of several hundred prohibited wallets to the code is not a problem.

__
Ethereum’s Dencun Upgrade Goes Live, But Fails to Finalize on Testnet
https://www.coindesk.com/tech/2024/01/17/ethereums-dencun-upgrade-goes-live-but-fails-to-finalize-on-testnet/
614  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi hacks [history] on: January 17, 2024, 11:49:45 AM
https://coingape.com/socket-loses-3-3-million-in-hack-due-to-input-validation-flaw/

Socket Loses $3.3 Million in Hack Due to Input Validation Flaw

"Blockchain interoperability protocol Socket reported a security breach on Tuesday that resulted in over $3.3 million in losses. The incident impacted wallets that had granted infinite approvals to Socket contracts. It was attributed to a vulnerability in user input validation.

The exploit was linked to a specific route in the system that had been added just three days before the attack. As per blockchain security firm PeckShield, the problematic route has since been deactivated to prevent further misuse."
615  Local / Альтернативные криптовалюты / Re: SOLANA on: January 17, 2024, 11:45:05 AM
Solana Mobile планирует выпустить второй смартфон.

У телефона будут те же основные функции, что и у его предшественника под названием Saga: встроенный криптокошелек, пользовательское ПО Android и магазин для криптоприложений "dApp store", но по более низкой цене и с другим аппаратным обеспечением.

Источник: https://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/
Гении маркетинга у соланы. Хомяки будут разбирать телефоны в надежде на новые дропы, но большинство ничего не получит.
616  Local / Альтернативные криптовалюты / Re: Стейблкоины обзор (Ноябрь 2019) on: January 17, 2024, 11:38:23 AM
https://www.businesswire.com/news/home/20240111073632/en/Circle-Announces-Confidential-Submission-of-Draft-Registration-Statement-for-Proposed-Initial-Public-Offering
"Компания Circle Internet Financial (Circle) 11 января объявила, что конфиденциально представила в Комиссию по ценным бумагам и биржам («SEC») проект регистрационного заявления по форме S-1, касающийся предлагаемого первичного публичного размещения акций. своих долевых ценных бумаг. Количество акций, которые будут предложены, и ценовой диапазон предлагаемого размещения еще не определены. Ожидается, что первичное публичное размещение акций состоится после того, как SEC завершит процесс проверки, с учетом рыночных и других условий."
617  Local / Разное / Citadel LLC on: January 16, 2024, 12:04:57 PM
"Citadel LLC (ранее известная как Citadel Investment Group, LLC) - американский многонациональный хедж-фонд и компания, предоставляющая финансовые услуги. Основана в 1990 году Кеном Гриффином, по состоянию на декабрь 2022 года управляет активами на сумму более 62 миллиардов долларов.
По состоянию на декабрь 2022 года Citadel является самым успешным хедж-фондом всех времен с чистой прибылью в 65,9 миллиарда долларов с момента основания в 1990 году."
Источник1
Источник2



https://www.forbes.com/advisor/investing/top-hedge-funds/

___
Я случайно в разговоре услышал о этой компании и меня она заинтересовала. Со слов на 60 новых мест в году до 100К желающих. Секретность еще круче чем в ЦРУ, и вы никому не можете говорить где вы работайте.
618  Local / Oбcyждeниe Bitcoin / Re: Дебетовые карты для оплаты биткоинами on: January 16, 2024, 11:48:42 AM

Резидентам России и Украины карта не выдаётся, но есть лайфхак. В качестве документа, удостоверяющего личность, RedotPay принимает ID цифрового резидента Палау, а его может получить любой желающий за 248 долларов: https://rns.id . Вот только для 3DS понадобится иностранный номер телефона. Но его тоже совсем несложно купить при желании.



Других подобных карт я на рынке пока не вижу, но надеюсь, что они будут появляться, и эта тема будет пополняться новыми интересными финтеховскими продуктами.
Если я захочу эту карту в России то мне ее не пришлют? Я могу пользоваться только виртуальной картой?
Мне нужна постоянная аренда телефона в Палау для использования карты?
619  Bitcoin / Legal / Re: Signature mixers question on: January 14, 2024, 10:06:06 PM
Only coins that come from a regulated exchange or are freshly mined I would consider safe to deposit into an exchange.
I will upset you, but you should know that as soon as you transfer even the "whitest coins" to the exchange, it will not save you from exchange blocking.
My buddy transferred 1-2 thousand coins to the exchange from one address, there were no questions from the exchange, but when he transferred 40000 dollars worth of coins, he immediately got blocked.
He lost this money because his address has a lot of transactions, where he can not explain the reasons.
If you decide to take such a step, you should have a wallet where you can give an explanation for each transaction, even if it was several years ago.

That's pretty crazy. Was it Coinbase? I've heard Coinbase is insanely strict nowadays, to the point is just nonviable to deposit any coins that don't come from Coinbase itself, as in back and forth from Coinbase into your wallet back to Coinbase is ok, but anything else adds additional steps of complexity that may lock you out of the coins until you deliver some context. But with a lawyer you may find a solution. The real problem here would be with the taxman. Because most people will not be able to explain every satoshi ever on his wallet, so these are the ones that are expert in screwing innocent people up that just obtained some coins here and there along the years, then you want to cash out and they treat you like you are El Chapo or something.
No, this is not Coinbase. But I heard dozens of such stories and the exchanges were different. A small number of crypto users were able to unlock their coins, but they were helped not by lawyers, but by YouTube bloggers with a large number of subscribers. The exchange is not afraid of lawyers, the exchange is afraid of losing its reputation. But this only helped those people who had everything in order with their documents and tax returns. If you don't have tax returns and documented proof of the legality of your coins, then no one will help you.
620  Bitcoin / Legal / Re: Are Coinbase now immortal? on: January 14, 2024, 09:43:12 PM
I agree with you that CZ and its crypto exchange have violated a lot of laws. But why is everyone silent about why regulators in the US allowed such a disgrace?

The moment US went after CZ everyone went assliking mode and said it's an attack on Bitcoin, remember?
What should the US agencies, police the entire world? LOL, you're demanding that?  Wink

It's pretty simple, the US does what it wants and authorizes who it wants to do business inside their borders, you cross that line you either follow the rules or you cross it back, you can't sneak your way in lured by the trillions of us money, try to use it and at the same time respect nothing, do you think there is any country on this planet insane enough to allow such a thing?
Before you care what the US does, how about you look in your own garden first? How is Binance doing in Russia?
Oh wait, forget Binance, how is Bitcointalk doing in Russia?

See, it's a thing of cleaning your own mess before looking at what others do!

And even now the Binance crypto exchange is the top in terms of trading volumes in the world and the Binance trading volume is 3 times higher than Coinbase Exchange.

Trusting a volume reported by a company who doesn't report it's own location it's believing in Santa Claus!

It’s very strange for me to hear your negativity. I have a very adequate attitude towards the United States, and while this country is the first in terms of economy, I am interested in their practice with cryptocurrencies.
Binance didn’t just come to the US out of nowhere. They took advantage of loopholes in the legislation, paid a lot of money to lobbyists, and even after more than 3 years, Binance got away with only fines. In Russian this is called "demonstrative flogging", but other crypto exchanges in the United States also committed the same violations. Binance received the most punishment, and other major exchanges also left the United States.

Bitcointalk is blocked in Russia, but who cares? The Russian community is very large and there is no law in Russia that would punish me for communicating on the Bitcointalk forum.

If I dreamed that I and my family would be offered US citizenship, I would refuse. There are more freedoms in Russia.

I don't believe these statistics because with the help of trading bots with 0 commission you can draw any numbers.
https://coinmarketcap.com/rankings/exchanges/
https://www.coingecko.com/en/exchanges
I only trust statistics from decentralized exchanges because these data can be verified.
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