Cryptocurrency News & Discussion

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The original was posted on /r/cryptocurrency by /u/Vee_Junes on 2024-01-12 19:36:27+00:00.

Received this mail and I am not surprised. I have been expecting to see this for some time now. The current Android app users are safe. That's what it looks like. Not your key, not your coin folks. Take care.

Dear Binancian,

We are aware of an IP block affecting a number of crypto firms, including Binance. This only impacts users who attempt to access the Indian iOS app store or the Binance website from India. Existing users who already have the Binance app are not affected.

We remain committed to the adherence of local regulations and laws and we are dedicated to maintaining active communication with regulators to ensure user protection and the development of a healthy Web3 industry.

The ongoing situation is not unique to Binance and impacts other web3 industry players as well. We are working hard to engage in constructive policy-making that seeks to benefit every user and all market participants. All user funds are safe.

If you are having trouble accessing your account or need support, you may reach out on . Any changes or updates will be communicated promptly via our official channels.

Thank you

Binance

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The original was posted on /r/cryptocurrency by /u/DPSK7878 on 2024-01-12 19:31:08+00:00.

Ticker, Name, Day 1 Flows ($ MLns) BITB, Bitwise Bitcoin ETF, $237.90

FBTC, Fidelity Wise Origin Bitcoin Fund, $226.97

IBIT, iShares Bitcoin Trust, $111.67

ARKB, ARK 21Shares Bitcoin ETF, $65.33

EZBC, Franklin Bitcoin ETF, $50.07

BTCO, Invesco Galaxy Bitcoin Etf, $17.36

HODL, Vaneck Bitcoin Trust, $10.56

BTCW, WisdomTree Bitcoin Fund, $0.99

Valkyrie Bitcoin Fund, $0.00

DEFI, Hashdex Bitcoin Futures ETF, $0.00

GBTC, Grayscale Bitcoin Trust BTC, -$95.07

Source: Bloomberg

Data shows there were about $600M of net inflows to all the ETFs.

GBTC had the biggest outflows. This is expected as holders tried to switch out into lower fees ETFs.

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The original was posted on /r/cryptocurrency by /u/martijnroo on 2024-01-12 19:26:49+00:00.

Hi guys, So I'm still pretty new in crypto and also still learning.

I've got a few questions about making up my mind for potential investments regarding some statistics. (I'm looking for mostly long term investments and don't want to do any day trading for now)

• So I 've been looking on coinmarketcap and from my understanding you have to be looking at the volume and market cap. Is it correct that it is a good sign if the volume is closer to the marketcap then if its further away from it? (Example: coin 1 = 500k volume and 800k marketcap and coin 2 = 300k volume and 1mil marketcap) So in this instance coin 1 might be a better option ?

• Ive also been reading about the "Current Market Cap” and “Fully Diluted Market Cap”. That if there is a huge difference between the value of these two on a coin, that it is very likely that the price will fall in the future ? so with this in mind should you also be looking into coins that have these two values closer together? Is this correct?

If I'm wrong about these two questions I am all ears and would love to hear what to look for instead.

Any other advice regarding this would also be appreciated alot.

Like I said I'm still pretty new and still learning. Thanks! :)

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The original was posted on /r/cryptocurrency by /u/A_Stones_throw on 2024-01-12 22:23:52+00:00.

What it says, bought GBTC years ago to have exposure to crypto in my retirement accounts, and even then just a a small portion. I got the notice today that Vanguard is 'not accepting purchases of any cryptocurrency related products at this time, however if you have any already in there we will not force you to sell them (at this time', emphasis mine).

Am looking into what my most optimum move might be for my smooth 🧠 here. I have a separate IRA account that is just for buying crypto direct, was thinking of liquidating the GBTC in Vanguard and transferring it to BTC directly then. Or do I hold it in Vanguard still and see if GBTC ETF itself goes up? Any opinions?

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The original was posted on /r/cryptocurrency by /u/Jay_Bird_75 on 2024-01-12 19:09:15+00:00.

Is Gensler finally going to get axed?

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The original was posted on /r/cryptocurrency by /u/kyle_yes on 2024-01-12 21:57:33+00:00.

source:

The SEC's approval documents and statements don't provide detailed regulations regarding the obligation of spot Bitcoin ETFs to report whether their trades are made from cold storage or the open market. Typically, ETFs are required to disclose their holdings and provide financial reports, but these disclosures might not extend to the granularity of specifying the source or location of each transaction.

This is alarming to me if your regulations are aimed at preventing manipulation of price action. I'm neither bullish or bearish just trying to share some information with you! There's been alot of hype on the btc spot etf but with very little information on how these spot etfs work or the reporting requirements of said spot etfs.

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The original was posted on /r/cryptocurrency by /u/DPSK7878 on 2024-01-12 19:31:08+00:00.

Ticker, Name, Day 1 Flows ($ MLns) BITB, Bitwise Bitcoin ETF, $237.90

FBTC, Fidelity Wise Origin Bitcoin Fund, $226.97

IBIT, iShares Bitcoin Trust, $111.67

ARKB, ARK 21Shares Bitcoin ETF, $65.33

EZBC, Franklin Bitcoin ETF, $50.07

BTCO, Invesco Galaxy Bitcoin Etf, $17.36

HODL, Vaneck Bitcoin Trust, $10.56

BTCW, WisdomTree Bitcoin Fund, $0.99

Valkyrie Bitcoin Fund, $0.00

DEFI, Hashdex Bitcoin Futures ETF, $0.00

GBTC, Grayscale Bitcoin Trust BTC, -$95.07

Source: Bloomberg

Data shows there were about $600M of net inflows to all the ETFs.

GBTC had the biggest outflows. This is expected as holders tried to switch out into lower fees ETFs.

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The original was posted on /r/cryptocurrency by /u/Qwahzi on 2024-01-12 18:50:22+00:00.

Thanks everyone for participating in the giveaway!

Without further ado, the winner of the 500 Nano prize is thehowlinghunter.

jwinterm was kind enough to add another 100 Nano to be sent out to 10 random users (10 XNO each), these users are: acctforspms, benjo1990, broken-ego, DannyHodler, djuggler, DrafteeDragon, FleshlightBike, HeInventedSoup, ManOfPineapples, TheKingslayer19

Here is the RedditRaffler link for proof:

Here is the video recording for additional proof. It's two parts, since we realized that RedditRaffler alphabetizes its selection, so we used random.org to generate a 1-11 number for the 500 XNO prize:

• https://youtu.be/RANLxbBe_Ew

Here are the on-chain Nano accounts showing that the funds were sent:

• nano_1hy5oit9fkjh67aae7w8xtmabtp9k6t8f6pkwqu19kqfhc5oy5qrn96qj7cf
• nano_1mhxx1wan8zcugznzm4c4pdw3djpnh5khtrzhewazrwf597sxtexzsuui65b
• nano_3tjcphanjmuojswhaptcm1z9t87uhjgxc8woexhsyxwh4ag9gbnm7yzk6b75
• nano_315ap4fzm4xbpxs3rk8m7nnpym8w4456usegm5f67fbfm4j8kg1aprkhegyb
• nano_3w53o4ukyfpdf71yidhjphx6qd1ozfy9bqymnkyhg6jxttr4pbeqs7jrg7qn
• nano_1146zez3ho1gr55joyfbq8xwgcnhomocy5gbc84m11athwkiti1kphu94yyy
• nano_3ef1shkpit9iwgijo3pmpgrbp9n6qhw57w4ou3566sewy7e8ham3m1s3sse7
• nano_3h17md5n1kzmbtxuf6iya9eqigang57xq3a9cm3q8qqyy1bpt4gcxm5yeg4d
• nano_1ob3n4ym6pch9bpjh6sf1i1eo3rcey8soz3dnrgaj3nh5watqrm5dhyd9y4y
• nano_1yt7fxeh99cg45dnefjrrof71iddgjfcdenc8xx35968t4y11ys4inei9enz
• nano_3pfki7wx7mzj1hxhhp4gwqe78kbokrejtw4jmospfjxj94ydgmnjf4ixg81a

Congrats all!

We got quite a few questions about the puzzle, with which you could earn 100 Nano. This puzzle was first solved by sjakkpila. !

The way to solve the puzzle was to collect the random facts that were spread around in the auto-replies. You would then have to use the number associated with the seed word and use the total number of Nano raw to order them correctly. We ended up posting these hints in a single comment since Reddit unfortunately banned the account we were doing the auto-replies from. Nano might be able to handle this sort of scale, but Reddit doesn't seem very fond of it!

We were kind of surprised sjakkpila got it so fast (within a few hours), and others independently came to the same solution shortly after. Congrats!

Finally, for some statistics:

• Over 5000 Nano transactions were sent.
• The average confirmation time for transactions was about 426 milliseconds.
• Total fees paid, because it's Nano, was $0.
• We sent out 250 Nano in 0.05 increments, gave away Ӿ500 (+Ӿ100 from jwinterm), another Ӿ100 in the puzzle, & burned 1300 Moons for a total of Ӿ1081. All of this was community-funded, with contributions from roughly 400 different addresses.

In case you somehow missed the giveaway, we'll leave the bot running a bit longer so you can still get some Nano sent to you. Alternatively, there are many Nano faucets like Nanodrop that will send you a little bit of Nano to try it out.

Thanks everyone for participating, amazing to see how many people are interested in actually trying out crypto rather than just speculating on it. We will be back in the future, and you're always welcome on r/nanocurrency!

Finally, shoutout to r/CryptoCurrency and its moderators for allowing us to do this giveaway!

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The original was posted on /r/cryptocurrency by /u/Jay_Bird_75 on 2024-01-12 19:09:15+00:00.

Is Gensler finally going to get axed?

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/BabyishHammer on 2024-01-12 18:47:30+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Qwahzi on 2024-01-12 18:50:22+00:00.

Thanks everyone for participating in the giveaway!

Without further ado, the winner of the 500 Nano prize is thehowlinghunter.

jwinterm was kind enough to add another 100 Nano to be sent out to 10 random users (10 XNO each), these users are: acctforspms, benjo1990, broken-ego, DannyHodler, djuggler, DrafteeDragon, FleshlightBike, HeInventedSoup, ManOfPineapples, TheKingslayer19

Here is the RedditRaffler link for proof:

Here is the video recording for additional proof. It's two parts, since we realized that RedditRaffler alphabetizes its selection, so we used random.org to generate a 1-11 number for the 500 XNO prize:

• https://youtu.be/RANLxbBe_Ew

Here are the on-chain Nano accounts showing that the funds were sent:

• nano_1hy5oit9fkjh67aae7w8xtmabtp9k6t8f6pkwqu19kqfhc5oy5qrn96qj7cf
• nano_1mhxx1wan8zcugznzm4c4pdw3djpnh5khtrzhewazrwf597sxtexzsuui65b
• nano_3tjcphanjmuojswhaptcm1z9t87uhjgxc8woexhsyxwh4ag9gbnm7yzk6b75
• nano_315ap4fzm4xbpxs3rk8m7nnpym8w4456usegm5f67fbfm4j8kg1aprkhegyb
• nano_3w53o4ukyfpdf71yidhjphx6qd1ozfy9bqymnkyhg6jxttr4pbeqs7jrg7qn
• nano_1146zez3ho1gr55joyfbq8xwgcnhomocy5gbc84m11athwkiti1kphu94yyy
• nano_3ef1shkpit9iwgijo3pmpgrbp9n6qhw57w4ou3566sewy7e8ham3m1s3sse7
• nano_3h17md5n1kzmbtxuf6iya9eqigang57xq3a9cm3q8qqyy1bpt4gcxm5yeg4d
• nano_1ob3n4ym6pch9bpjh6sf1i1eo3rcey8soz3dnrgaj3nh5watqrm5dhyd9y4y
• nano_1yt7fxeh99cg45dnefjrrof71iddgjfcdenc8xx35968t4y11ys4inei9enz
• nano_3pfki7wx7mzj1hxhhp4gwqe78kbokrejtw4jmospfjxj94ydgmnjf4ixg81a

Congrats all!

We got quite a few questions about the puzzle, with which you could earn 100 Nano. This puzzle was first solved by sjakkpila. !

The way to solve the puzzle was to collect the random facts that were spread around in the auto-replies. You would then have to use the number associated with the seed word and use the total number of Nano raw to order them correctly. We ended up posting these hints in a single comment since Reddit unfortunately banned the account we were doing the auto-replies from. Nano might be able to handle this sort of scale, but Reddit doesn't seem very fond of it!

We were kind of surprised sjakkpila got it so fast (within a few hours), and others independently came to the same solution shortly after. Congrats!

Finally, for some statistics:

• Over 5000 Nano transactions were sent.
• The average confirmation time for transactions was about 426 milliseconds.
• Total fees paid, because it's Nano, was $0.
• We sent out 250 Nano in 0.05 increments, gave away Ӿ500 (+Ӿ100 from jwinterm), another Ӿ100 in the puzzle, & burned 1300 Moons for a total of Ӿ1081. All of this was community-funded, with contributions from roughly 400 different addresses.

In case you somehow missed the giveaway, we'll leave the bot running a bit longer so you can still get some Nano sent to you. Alternatively, there are many Nano faucets like Nanodrop that will send you a little bit of Nano to try it out.

Thanks everyone for participating, amazing to see how many people are interested in actually trying out crypto rather than just speculating on it. We will be back in the future, and you're always welcome on r/nanocurrency!

Finally, shoutout to r/CryptoCurrency and its moderators for allowing us to do this giveaway!

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/BabyishHammer on 2024-01-12 18:47:30+00:00.

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The original was posted on /r/cryptocurrency by /u/NOTPR0 on 2024-01-12 18:21:48+00:00.

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The original was posted on /r/cryptocurrency by /u/NOTPR0 on 2024-01-12 18:21:48+00:00.

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The original was posted on /r/cryptocurrency by /u/jimfird on 2024-01-12 18:05:50+00:00.

Happy Friday Everyone, hope you're doing well today. Little bit of an intro here on this: around the end of November I really started getting into the newer RCP tokens and their various subs. I wanted to start tracking their performance and compare them to some that are more established and then also other big meme tokens. The first reason for doing this was to try to see which ones may be worth investing but secondly to see how big the gap is between these tokens that most say have no real value to the large market cap tokens that most say also have no real value.

When referring to RCPs below I'm moreso focusing on CONE, PLUNGER, BONE, TACO, POOP, GODL, GONE and MIKO. I know MOON, BRICK and DONUT are technically RCPs but I tend to put those in a different category as they've been around a bit longer, are on different chains but I am tracking those to compare the newer ones with those, just as a point of clarification. Also, these coins/tokens are listed in the spreadsheet in order of Market Cap in case you're curious.

So without further adieu here's another update on our how RCPs are performing. I'll be taking a break from these updates next week but will be back the following week. This week we had a lot of action going on with fake SEC tweets, Gary Gensler shooting his mouth off and then the eventual conclusion that most of us thought would happen with BTC ETF approvals. All in all there were lots of ups and downs and I'm looking forward to the weeks to come. Let's dive in!

Here's the data from last week on 1.5.24:

And here is the data I pulled this morning from 1.12.24:

My observations and thoughts:

1. You'll see for this week that two new tokens have entered the mix! MIKO was airdropped to holders of Miko NFTs related to their sub JeweledCones. And GONE has now become apart of the Reddit Community Points club with getting their reward system up and running on their new sub (launched 12.22.23) PolyGONE. Both are on the Polygon chain and I'm glad to include them in this update.
2. I talked about it in the update last week but POOP was getting close to jumping BONE in market cap and this week they made that jump, jumping both BONE and GODL along the way. For the rest of the Polygon RCPs, most had upward moves except for BONE and GODL which dropped.
3. I want to talk about DONUT with my third point. When I started this project my preconceived notion was that DONUT and BRICK were about the same and were heading on downward death spirals. However, last week totally changed my mind. I submitted my first post update in their sub and my eyes were opened. They are working on doing a lot of cool things over there and continuing to build up their community and token. With their ratio of members to holders being as it is if DONUT starts going, look out. Also, they picked up almost half million in market cap from the last update which is good to see.
4. The top 3 coins (non Reddit related of course) saw pretty decent gains across the board. I wanted to see how much of an impact the BTC news would have on those as it didn't really pump the smaller tokens on this list.
5. The holder numbers stayed pretty flat but continue to trend upward for most. Although Donut, Plunger, Taco and Bone have stayed very very flat. I continue to think that holder numbers can be one of the better indicators of market cap growth. Hopefully those can pick up a bit as we head towards the long awaited bull run.

If you saw anything that jumped out to you that I missed please feel free to share in the comments. I believe community engagement will continue to be our main driving force in these times of plateau. So keep interacting and encouraging, do what you can to push the community forward.

**Data collected from DexTools and CoinMarketCap**

**As a second disclaimer, my aim is not to shill these coins/tokens. I currently only hold a sizable position in one of these 14 listed and do my best to take an unbiased approach to these updates**

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The original was posted on /r/cryptocurrency by /u/jimfird on 2024-01-12 18:05:50+00:00.

Happy Friday Everyone, hope you're doing well today. Little bit of an intro here on this: around the end of November I really started getting into the newer RCP tokens and their various subs. I wanted to start tracking their performance and compare them to some that are more established and then also other big meme tokens. The first reason for doing this was to try to see which ones may be worth investing but secondly to see how big the gap is between these tokens that most say have no real value to the large market cap tokens that most say also have no real value.

When referring to RCPs below I'm moreso focusing on CONE, PLUNGER, BONE, TACO, POOP, GODL, GONE and MIKO. I know MOON, BRICK and DONUT are technically RCPs but I tend to put those in a different category as they've been around a bit longer, are on different chains but I am tracking those to compare the newer ones with those, just as a point of clarification. Also, these coins/tokens are listed in the spreadsheet in order of Market Cap in case you're curious.

So without further adieu here's another update on our how RCPs are performing. I'll be taking a break from these updates next week but will be back the following week. This week we had a lot of action going on with fake SEC tweets, Gary Gensler shooting his mouth off and then the eventual conclusion that most of us thought would happen with BTC ETF approvals. All in all there were lots of ups and downs and I'm looking forward to the weeks to come. Let's dive in!

Here's the data from last week on 1.5.24:

And here is the data I pulled this morning from 1.12.24:

My observations and thoughts:

1. You'll see for this week that two new tokens have entered the mix! MIKO was airdropped to holders of Miko NFTs related to their sub JeweledCones. And GONE has now become apart of the Reddit Community Points club with getting their reward system up and running on their new sub (launched 12.22.23) PolyGONE. Both are on the Polygon chain and I'm glad to include them in this update.
2. I talked about it in the update last week but POOP was getting close to jumping BONE in market cap and this week they made that jump, jumping both BONE and GODL along the way. For the rest of the Polygon RCPs, most had upward moves except for BONE and GODL which dropped.
3. I want to talk about DONUT with my third point. When I started this project my preconceived notion was that DONUT and BRICK were about the same and were heading on downward death spirals. However, last week totally changed my mind. I submitted my first post update in their sub and my eyes were opened. They are working on doing a lot of cool things over there and continuing to build up their community and token. With their ratio of members to holders being as it is if DONUT starts going, look out. Also, they picked up almost half million in market cap from the last update which is good to see.
4. The top 3 coins (non Reddit related of course) saw pretty decent gains across the board. I wanted to see how much of an impact the BTC news would have on those as it didn't really pump the smaller tokens on this list.
5. The holder numbers stayed pretty flat but continue to trend upward for most. Although Donut, Plunger, Taco and Bone have stayed very very flat. I continue to think that holder numbers can be one of the better indicators of market cap growth. Hopefully those can pick up a bit as we head towards the long awaited bull run.

If you saw anything that jumped out to you that I missed please feel free to share in the comments. I believe community engagement will continue to be our main driving force in these times of plateau. So keep interacting and encouraging, do what you can to push the community forward.

**Data collected from DexTools and CoinMarketCap**

**As a second disclaimer, my aim is not to shill these coins/tokens. I currently only hold a sizable position in one of these 14 listed and do my best to take an unbiased approach to these updates**

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/kirtash93 on 2024-01-12 18:02:50+00:00.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2024-01-12 18:02:50+00:00.

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The original was posted on /r/cryptocurrency by /u/Blocks_and_Chains on 2024-01-12 17:09:28+00:00.

Hey community! Excited to delve into the groundbreaking possibilities that Cartesi and Celestia brings to developers and the blockchain ecosystem at large.

Here's a glimpse into the power of this integration;

• Celestia's High Throughput Modular DA Layer

One key aspect is Celestia's high throughput modular Data Availability (DA) layer. This dynamic layer introduces a fresh wave of on-chain applications, broadening the scope for innovative projects.

• Unlocking Data-Intensive Applications

The collaboration unlocks the potential for data-intensive applications, paving the way for verifiable video processing on a Linux Virtual Machine (VM). This means developers can now explore and implement applications that require lots of data processing, pushing the boundaries of what's achievable on the blockchain.

• Verifiable Video Processing on a Verifiable Linux VM

One noteworthy application that emerges from this integration is the ability to perform verifiable video processing on a verifiable Linux VM. This is a game-changer for developers seeking to integrate video processing capabilities with the security and transparency of blockchain technology.

• Innovation Knows No Bounds

Cartesi and Celestia are not just providing solutions; they are catalysts for innovation. The potential to seamlessly integrate data-intensive applications onto the blockchain opens up new horizons for the developer community.

Would be awesome to get your perspective on this? Share your insights and let's spark a discussion on the future of blockchain development!

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The original was posted on /r/cryptocurrency by /u/Ilovekittens345 on 2024-01-12 16:59:42+00:00.

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The original was posted on /r/cryptocurrency by /u/mrestiaux on 2024-01-12 17:30:45+00:00.

Hey guys and gals,

Just wondering what would be the best way to move all my crypto from crypto.com custodial wallet to coinbase custodial wallet.

I started my crypto investing about 2 years ago, having no idea what I was doing. I bought and stored my crypto on the crypto.com app, but I would now like to move everything to a more user friendly platform and have it all in one place - hence the desire to move to coinbase.

Would it make sense to transfer each currency one by one on their own chain, or convert it all into something else and do it one transfer?

Thanks for the help you genius people!

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The original was posted on /r/cryptocurrency by /u/Blocks_and_Chains on 2024-01-12 17:09:28+00:00.

Hey community! Excited to delve into the groundbreaking possibilities that Cartesi and Celestia brings to developers and the blockchain ecosystem at large.

Here's a glimpse into the power of this integration;

• Celestia's High Throughput Modular DA Layer

One key aspect is Celestia's high throughput modular Data Availability (DA) layer. This dynamic layer introduces a fresh wave of on-chain applications, broadening the scope for innovative projects.

• Unlocking Data-Intensive Applications

The collaboration unlocks the potential for data-intensive applications, paving the way for verifiable video processing on a Linux Virtual Machine (VM). This means developers can now explore and implement applications that require lots of data processing, pushing the boundaries of what's achievable on the blockchain.

• Verifiable Video Processing on a Verifiable Linux VM

One noteworthy application that emerges from this integration is the ability to perform verifiable video processing on a verifiable Linux VM. This is a game-changer for developers seeking to integrate video processing capabilities with the security and transparency of blockchain technology.

• Innovation Knows No Bounds

Cartesi and Celestia are not just providing solutions; they are catalysts for innovation. The potential to seamlessly integrate data-intensive applications onto the blockchain opens up new horizons for the developer community.

Would be awesome to get your perspective on this? Share your insights and let's spark a discussion on the future of blockchain development!

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Ilovekittens345 on 2024-01-12 16:59:42+00:00.

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The original was posted on /r/cryptocurrency by /u/Savi321 on 2024-01-12 16:54:08+00:00.

I wonder if gaming would be one of the things falling in the "watch the space" segment.

I am definitely looking at many blockchain games and will continue to do so. More so, the play-2-earn category.

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The original was posted on /r/cryptocurrency by /u/Fantastic-Ad548 on 2024-01-12 16:38:27+00:00.