BigD

Spec Investor - crypto enthusiast. Low cap.
I join projects before they become popular. #Bitcoin #Crypto
Opinions are my own. NFA

[BigD @BigD_win]

@pulsevisionus Thats a lot of eth for just one listing.

[Shanaka Anslem Perera ⚡ @shanaka86]

BREAKING: As of today, the most used dollar on earth cannot be bought or sold by a single European on a single licensed exchange.

It did not break. It refused to bend, and a 27-nation bloc decided that was enough.

That is Tether solana:Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB, 175 billion dollars, the largest stablecoin in the world, gone from every regulated venue in Europe at once. And it is not alone on the casualty list. When MiCA's hard deadline landed July 1, the survivors were almost no one. Of the 1,200-plus firms that once served Europe under national licenses, only around 200 hold a full authorization today, and just 14 of those are cleared to run a live exchange.

Four in five did not make it. Binance, the biggest exchange on earth, pulled its application a week before the cutoff after reports its regulator was ready to reject it. Austria banned KuCoin outright in February. Gemini quietly withdrew in April.

HTX and MEXC never got a license at all.

The wall took a whole basket of coins with it. USDT, DAI, PYUSD, USDe, FDUSD, TUSD, every one barred from regulated European order books. Out of the ten largest stablecoins on the planet, exactly two cleared the bar: Circle's USDC and its euro twin, EURC.

The rule Tether refused is the tell. MiCA demands a stablecoin's issuer be licensed in Europe and park a large share of its reserves, up to 60 percent for a token its size, inside European banks. Tether said no, and its CEO said why … he will not hand the backing of a 175 billion dollar token to the European banking system, and he calls the digital euro behind it a way to control how people spend. The consumer-protection case is real. Beneath it sits a harder one. Europe looked at a future where 450 million people move money in privately issued, offshore, dollar-backed tokens it cannot see, and legislated that future away. From July 1 every transfer through a licensed venue carries full identity data down to a zero-euro threshold. No payment is too small to watch. De-dollarization and surveillance, written as compliance.

Then just look at the number that flips the story. The wall barely scratches Tether. By one estimate only about 17.5 billion of its 175 billion ever sat in Europe, under a tenth. Pushed out of the regulated West, USDT is surging everywhere else. On June 23 its main network, Tron, recorded 3.93 million active addresses in a single day and passed Ethereum outright. Europe did not kill the offshore dollar. It built a fence and watched the tide rise on the far side.

Nobody is seizing anyone's coins here. You can still hold USDT, self-custody it, move it on-chain or across a decentralized exchange as you wish.

What ended is the right of a licensed European platform to offer it, and most of that ended quietly over the past 18 months. Today just closes the gate.

The headline is not that a token got delisted. It is that a continent drew a line through the world's money and decided which dollars its citizens are allowed to touch.

[BigD @BigD_win]

@planvictory @Sykodelic_ He means through Coinbase exchange. Etf's most likely.

[BigD @BigD_win]

@MuddyRC What are you talkin about? The entire South of Europe is full of ac's

[BigD @BigD_win]

@0xSweep Battle of Centralised Exchanges. Whoever pays more, win.

[Adam Khoo @adamkhootrader]

As everyone watches the SpaceX IPO today, its worth remembering this advice from Buffett

"The idea that a newly issued security (IPO)—brought to market at a time of the seller's choosing and surrounded by massive hype—is the single best bargain among thousands of global businesses is absolute nonsense.

When an offering carries a ridiculous 7% commission just to incentivize salespeople, it simply cannot be the most attractive investment available.

While people easily get caught up in the excitement of a new launch, look at the reality: you have thousands of existing public companies whose prices are set by a natural auction market, free from aggressive promotion or hidden fees.

It makes no sense to buy a security precisely when an insider decides the timing is perfect to sell. Frankly, it isn't worth spending five seconds thinking about IPOs."
- Warren Buffett

[BigD @BigD_win]

@GoPulsecom @LibertySwapFi Why would you gift something that has big value and not sell it instead? Unless of course you are the same team behind the scenes. And to make it more believable you make a poll. But you know beforehand the results.

[BigD @BigD_win]

@CastilloTrading No, it's not. But don't you think the stock mkt has to cool off a bit and rotate the money to crypto?

[BigD @BigD_win]

@thedefivillain Irrelevant. He trades OTC.

[BigD @BigD_win]

@hicasamadim 72

[BigD @BigD_win]

@FREED0M_777 Congrats. Happy for you.

[BigD @BigD_win]

@RevokeCash Thank you. 🙏

[BigD @BigD_win]

@IncomeSharks Damn boy, you nailed that perfectly

[BigD @BigD_win]

@MoneyLord IT looks like a $40k BYD, doesnt it?

[BigD @BigD_win]

@ihtesham2005 One of my fav tools, for more than a decade.

[BigD @BigD_win]

@binance Stop draining my battery plz

[BigD @BigD_win]

@Crypto_Moe84 🤝

[BigD @BigD_win]

You know we are at the bottom, when kol's run out of projects to dump on you, and lowlifers accuse ZachXBT as a scammer. I wonder who's behind this coordinated attack 🤔🤔

[BigD @BigD_win]

@BoringSleuth Can you back it up?

[BigD @BigD_win]

@yourfriendSOMMI He didn't rug anyone. Guy made an account to defame him and it backfired, lol.