Russia takes a step towards cryptocurrencies: Minister authorizes the use of Bitcoin! 🇷🇺 The world of cryptocurrencies is in turmoil! The Russian minister has just announced a historic change: the permission to use Bitcoin in certain commercial operations. What does this mean?
Opening up to the international market: Russia is looking for new ways to conduct international transactions, circumventing sanctions.
Encouraging innovation: The decision could boost the development of cryptocurrency-related technologies in the country.
Another piece in the global puzzle: Russia joins other countries that are exploring the potential of cryptocurrencies. And the challenges?
Volatility: The value of Bitcoin fluctuates a lot, which can generate uncertainty for companies and consumers.
Regulation: There are still many points to be defined about how cryptocurrencies will be regulated in Russia.
What do you think of this decision? Does Bitcoin have a future in Russia? Share your opinion in the comments!
$USUAL Buy now or you won't buy tomorrow at this price! There shouldn't be a new injection of tokens until after Christmas, at least that seems to be the project's schedule! It should reach $2 and fluctuate between $1.6 ~ $2.1
I wish I had more money to buy more now at this price. It will go up quickly.
Macodê
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For you, will $USUAL recover or not? Leave your opinion! Attention: we are all adults here. How about showing respect for colleagues who think differently?
$USUAL Where is the guy from 30000% who was ignoring everyone who was correcting his lay comparison about the other coin launches that were already on the market, for the usual one who was born here? We warned that the graph showed its appreciation from its beginning to the entry value on Binance, which was not a 1-second appreciation. I was unable to report the comment and he continued to make these posts, influencing many beginners. Do your own studies! Look at profiles with more in-depth analyses, about the project, about the graphs. Don't base your opinion on random comments. Be suspicious of high immediate rewards.
I entered at 0.85 at the first peak a few days ago, due to a mistake and lack of knowledge on the day about how and at what price to place orders, I lost 300 units. I sold wrong and bought back wrong. Do correct analyses. Study your positions. Set a profit target and place the order. If you think it will go up more, leave a little, but take your profit. Don't expect it to reach the moon with the full amount, unless you really don't need the money and are willing to lose. I saw 4,600 positive and in seconds it was only 2,000, 1,000 and now it's negative. Good sell orders, even conservative ones, will guarantee your profits and allow you to buy more units in the correction, if that is your intention.
This appreciation has already occurred in the "pre-market". I believe in the project, I bought it and I won't sell it any time soon. In the long term it is worth it, and it is still a good time to buy.
You can go to the option: Transform small amounts into BNB. Then you will already have a stable currency in your wallet. BNB is the official currency of Binance. If you are going to invest a small amount, this is an option.
Belva Pavlat Wzyp
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Good morning, I think this is a shame... I made a deposit of 20 reais, and then I discovered that I can't buy anything with that amount... why didn't they tell me this at the beginning... what do I do now?
You will still have your coins. Even if they depreciate, you will always have them. Your balance will change compared to another currency, USD for example. But everything will be fine. Keep it up.
Bitcoin jumps after Javier Milei's victory in Argentina. 🚀🚀🚀
Bitcoin (BTC) was stable for most of the weekend, but began to react on Sunday night (19) after liberal economist Javier Milei won the presidential race in Argentina.
Milei, elected with almost 56% of the votes, is a supporter of the largest cryptocurrency on the market. He has already said that Bitcoin represents the “return of money to its original creator, the private sector”, in addition to being “a natural reaction to the central bank coup”.
Self-described “anarcho-capitalist”, Milei defends the closure of the Central Bank of Argentina. In a recent interview with the newspaper El País, he said that it is necessary to take the money printing machine out of the hands of politicians. “Milei’s ambitious vision of a dollarized, market-friendly, small-state Argentina will finally be put to the test,” said Adriana Dupita, Bloomberg Latin America economist.
At around 8am this Monday (20), BTC operates up 2%, at US$37,316. In 30 days, the digital asset rose 24%, driven mainly by optimism surrounding the launch of an ETF (index fund) in the USA with direct exposure to cryptocurrency.
Altcoins (any crypto other than BTC) are also trading in the positive camp this morning. Ethereum (ETH) rises 4% to $2,041 and XRP (XRP) advances 2.70% to $0.62.
The start has been given! Best time for accumulation and BTC ETH and Altcoins.
We are witnessing a significant shift in wealth management, with a generational transfer of wealth to more cryptocurrency-friendly demographics. This change, combined with the ease of access provided by ETFs, could dramatically increase Bitcoin adoption.
The market awaits a significant transformation as the United States Securities and Exchange Commission (SEC) moves closer to the possible approval of these ETFs.
The involvement of major financial players like BlackRock and Invesco highlights the growing mainstream interest in Bitcoin. However, the path to approval has been complicated by regulatory challenges and the threat of a government shutdown impacting the SEC's operations.
Analysts often compare Bitcoin to gold, especially in the context of ETFs. While the first gold ETF in the US facilitated broad access to investments in the precious metal, Bitcoin's unique characteristics, such as its inelastic supply and network-driven utility, set it apart.
Both of these aspects suggest that, from a systematic risk perspective, Bitcoin can play a unique role in investment portfolios.
The approval and launch of these ETFs could introduce billions of dollars into the cryptocurrency market, fundamentally changing how cryptocurrencies are bought, sold and exchanged.
Bitcoin spot ETFs represent more than just an investment product; they are a catalyst for broader adoption and innovation in the financial sector.
The world is on the cusp of a revolutionary moment for Bitcoin.
Cryptocurrency investment firm GSR has released an analysis predicting the imminent impact of much-anticipated Bitcoin spot ETFs in the United States. The report, written by Brian Rudick and Matt Kunke, senior strategist and research analyst at GSR, respectively, suggests a revolutionary moment for Bitcoin and digital assets.
According to GSR, the launch of a Bitcoin spot ETF in the US could be a game changer. They highlighted the transformative potential of this financial vehicle, citing the superiority of an ETF product and its similar impact to that seen in the gold market.
Impact of a Bitcoin ETF.
The report emphasizes the strategic importance of this market, referring to SIFMA, which estimates that the US represents 40% of total global fixed income assets and market capitalization.
Furthermore, it highlights the dominance of ETFs in the US compared to other jurisdictions, highlighting the potential for a significantly larger Bitcoin ETF market. GSR experts also emphasize the regulatory legitimacy that a Bitcoin ETF would bring, eliminating uncertainty and offering solid protection to investors. This could drive wider adoption and the migration of a percentage of assets under management to a Bitcoin ETF, as indicated by data from the Digital Assets Council of Financial Professionals.
The comparison with the gold ETF's impact on the market serves as a projection of the potential impact that a Bitcoin ETF could have. While the analogy is not perfect, GSR points to the transformation of the gold market following the introduction of an ETF, suggesting that Bitcoin could follow a similar or even steeper path.
Expectations surrounding the possible approval of these assets in the next two months have kept the price of Bitcoin at the highest levels, between US$36.000 and $38,000, not seen in 18 months.