🌍 Cryptocurrencies banned or restricted in Europe: what you need to know
In Europe, there is no official list of cryptocurrencies completely banned for individuals. However, certain categories of crypto-assets are restricted or not offered on regulated platforms, especially since the entry into force of the MiCA regulation and European compliance rules. 🔒 1. Stablecoins non-compliant with European regulations Since the progressive application of MiCA, several stablecoins that do not meet European requirements (transparency, reserves, legal framework) may be withdrawn or limited on regulated platforms in the European Union.
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❄️ Good morning, the snow is falling outside the window, and the on-chain market is also experiencing a wave of "cooling". Last night (December 11), the Fed's "hawkish rate cut" put pressure on risk assets, leading to a pullback in the cryptocurrency market. Here are the main points to note:
📉 Overall market pullback Affected by the macro environment, mainstream tokens have generally declined. According to today's market data, Bitcoin (BTC) once fell below $90,000, and Ethereum (ETH) dropped over 2.8%. Some mainstream altcoins like AVAX and DOT experienced even larger pullbacks.
👀 Notable trends to watch In addition to the overall decline, there are a few points worth paying attention to:
On-chain asset movements: One notable trend is that the U.S. government transferred part of the assets confiscated from FTX/Alameda yesterday, including approximately $6.43 million worth of Ethereum (WETH) and $13.58 million in BUSD. Such large-scale on-chain transfers usually draw market attention to potential selling pressure.
Ecosystem narrative heat: Amid the overall adjustment, some ecosystem narratives remain hot. For example, the trading volume of tokenized stocks on the BNB Chain has significantly increased recently, with daily transaction amounts processed through Bitget exceeding $60 million at one point. This indicates that the niche track of traditional assets on-chain (RWA) is still maintaining activity.
💡 Participation thought reference In such a market environment, one can:
Stay patient: The market is short-term driven by macro sentiment, so it’s advisable to patiently observe the performance of key support levels.
Monitor on-chain data: The subsequent flow of large assets like the U.S. government wallet (such as whether they are transferred to exchanges) may become a signal for short-term price fluctuations.
Look for structural opportunities: During market adjustments, focus on those with solid fundamentals or popular tracks like RWA that have ongoing narratives, looking for opportunities.
Overall, the current market is in a digestion period for macro news. Short-term fluctuations may provide a window for observation and reallocation.
If you are more interested in the niche track of tokenized assets (RWA) or movements in a specific ecosystem, I can provide you with more detailed analysis. #BTC #ETH #BNBChainSunset
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Here is the 100% humorous, simple, sparkling, and totally accessible crypto glossary, even for someone who still thinks that “$BTC Bitcoin” is a brand of cookies 😂
Bear market ➡️ When prices drop so fast that even your morale needs a parachute.
Bull run ➡️ When everything goes up and you feel like an intergalactic finance genius… for 48 hours.
Airdrop ➡️ When you get free cryptos. Yes, FREE. It’s the only time the universe says to you: “Here, a gift, go buy yourself a chocolate croissant.”
Rug pull ➡️ When a project disappears with the funds. The crypto equivalent of “ghosting”… but with your money.
Blockchain ➡️ The big super-secure notebook where everything is written down. Impossible to erase. (Like your old tweets, unfortunately.)
Mining ➡️ When computers sweat on your behalf to create cryptos. The only form of socially accepted technological slavery.
Block ➡️ A page in the blockchain notebook. In real life: the chapter where you say to yourself “Why is this happening to me again?”
Diamond hands ➡️ Someone who never sells. Even if everything collapses. Even if everything burns. Even if their mother says: “SELL, I TELL YOU!!!”
HODL ➡️ A stylish way to say “I’m holding.” This word comes from a typo. Proving that success is sometimes just about writing fast while being a bit stressed.
NFT ➡️ A unique digital thing. Like you… but less complicated.
Blue chip ➡️ A serious, stable, mature crypto. The opposite of your ex, then.
Volatility ➡️ When it goes up and down faster than a WhatsApp conversation with someone moody.
Liquidity ➡️ When you can sell easily. If there isn’t any: it’s like trying to sell an oyster to someone who doesn’t like the sea.
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