Robby Schwertner [CryptoRobby]🦋’s Post

🚨 JUST IN: Circle announced first EU stablecoin licence under MiCA. TETHER continuing head-in-the-sands strategy? Circle has become the first global #stablecoin issuer to secure an Electronic Money Institution (EMI) licence under the EU’s new Markets in Crypto Assets (MiCA) regulatory framework. The announcement comes right before the world's largest stablecoin conference "Stablesummit" in Brussels on July 6-7, 2024 (www.stablesummit.xyz) The EU MiCA licence allows Circle to officially offer both their #USDC and #EURC crypto stablecoins to European customers with effect from July 1st, 2024. Tether’s USDT in the sidelines: Largest competitor Tether seems to follow a head-in-the-sands strategy. Tether CEO Paolo A. Ardoino twittered, that they do not plan to apply for a EU-licence anytime soon. Tether CEO Paolo Ardoino is against MiCA’s expectation of 60% of backing in bank cash, citing “bank failure risk.” His explanation: “Stablecoins should be able to keep 100% of reserves in treasury bills, rather than exposing themselves to bank failures by keeping big chunks of reserves in uninsured cash deposits. In case of bank failure, securities return to the legitimate owner,” he wrote. Well, he has a point. However, whether this is a clever market strategy agaist Circle or blunt arrogance has to be seen. It comes at no surprise that Tether is rated D - second lowest - in the latest stablecoin rating of independent stable coin rating agency bluechip.org

Bitcoin plunges 4,3% as German government sells €304 Million worth of Bitcoin! 🇩🇪 A large portion of Bitcoin valued at $3 billion that was confiscated from movie piracy platform movie2k, and started to be sold off in the shadow of the UEFA European Football Championship today. On Friday evening, Bitcoin saw a decline of 4,3% in the past 24 hours, resulting in a price of $63,400, as volatility resurfaced. Fridays are traditionally dump days for cryptos. However, it is believed that this latest slump has been triggered by German authorities dumping seized Bitcoin assets. According to a tweet of Arkham crypto intelligence firm, the German government has apparently sold off about €304 million worth of Bitcoin in the past 48 hours, with the huge possibility of a further sale. Bitcoin ‘elevator bitch‘, and which level to be watched: $61.7k historic resistance 😬 $60k psycho level 🥳 $56k escalator downwards, however, strong resistance expected on lower levels. Sources: #Arkham #Decrypt CryptoRobby 🦋

🚨 AMAZING: VIENNA BLOCKCHAIN WEEK, June 17-20, 2024. Come and join! All events free entry! The Vienna Blockchain Week is a decentralized, community-driven initiative, organised by DLT Austria with brilliant Ed Prinz and ABC Research with highly motivated Walter Moesenbacher! A daily series of events focuses on ✅ Blockchain, Web3 ✅ Crypto, NFTs & digital art ✅ next big thing stablecoins & DePINs ✅ elephant in the room, memecoins! 🌟 Highlight: Austrian Blockchain Conference, June 18, with Anna Graf/ Arvato, Sarah Gottwald/BFG, Robert Pasicko/UNDP, Doro Unger-Lee/Algorand. UNFORTUNATELY SOLD OUT (they had 400 registrations) No ticket? Try this event ⬇️ ⬇️ ⬇️ 🗓️ June 18, 1 - 3 PM: World of Women (WOW!) at weXelerate, Praterstr. 1 🎫 🎫 🎫 Register here: lu.ma/mbhups09 Organised by amazing Elisabeth with support of Georg / Validvent WOW with Shelley Mannion. WOW team: COO Shannon Snow, Syrona Buchanan-Jones, Joanna Rindell, Silvia Mogas and Thomas Olivier WOW presents their cooperation with Tezos blockchain! Big move! MORE EVENTS of Vienna Blockchain Week: 🗓️ June 17, 6 - 10 PM: Experience the "Revolution Web3 and NFTs" at Mahlerstraße 11, 1010 Vienna, 🎫 🎫 🎫 🎫 🎫 🎫 Register here: https://lnkd.in/dDvZt5Rv.. with Anna Graf, Anja Grundböck, Dr. Jan J. Kruppa, Albert Quehenberger, Daniel Müller 🧭, Matthias Lechner ᵍᵐ, and more 🗓️ June 19, 6 - 11 PM: Don't miss "Web3 Special" at Hainburger Strasse 33, 1030 Vienna, 🎫 🎫 🎫 🎫 Register here: https://lnkd.in/d9J7wxcw.. with Mirella Baernthaler of Caliberco, Ilja Geier, Andreas Petersson (probably best blockchain coder in Austria) and his new project TuneTag, Helmut Siedl, Stefan Kobrc of RockLogic GmbH, Alex Kirchmaier with new Youtube channel SimpleCrypto (https://lnkd.in/dprNBkPp) and Vinzenz Treytl of ABC Research 🗓️ June 20, 6 - 11 PM: Explore "Transformative Blockchain Projects and Use Cases in Industry" at Donau-City-Straße 11, Floor 14, 1220 Vienna. 🎫 🎫 🎫 🎫 🎫 🎫 🎫 🎫 🎫 Register here: https://lnkd.in/dBpj6mrn.. with Benjamin Strasser, Stefan Craß, Andreas Berghammer Stay tuned for all the details in the coming days, available at DLT Austria website: https://lnkd.in/d_tPWQpg #ViennaBlockchainWeek Partners: AQ Forensics GmbH, NFT Compass 🧭 CHARONIUM® www.tunetag.net www.digitalsunray.com blockzeit.com We need blockchain and web3 solutions with added value to people 😇 VERY #ReturnOnSociety 🦋

#Bitcoin: Longterm outlook remains bullish! BUT it's getting rough. Says crypto quant expert Adam Mourad. A correction to $62k, even down to chilling $56k could occur if BTC reaches the Short Term Holders Realized Price indicator 🥶 See Adam's BeInCrypto article: https://lnkd.in/d94-D5vN Adam also told me, that he found a growing trend of miners selling off their holdings in small portions, contributing to volatility. BULLISH: The overall outlook remains bullish since short-term whales don't sell. Short-term whales (1.000 BTC < 6 months) might consider doing so if the price drops below their average acquisition price. Whales, in general, continue to buy Bitcoin at current prices after corrections. Therefore, a correction below $56k is currently unlikely. Well, unless the short-term whales begin to sell their coins massively at current prices. One is for sure, it remains exciting! #NewMoney #hodl #keepcalmandbuycrypto We need a #ReturnOnSociety, more than ever! 🦋

Tether will unveil a NEW CLASS of DIGITAL ASSETS on Monday 17th June. Says Tether CEO Paolo Ardoino. SMART move or #DISTRACTION? 🤨 Looking forward to Monday! 🤩⚡️⚡️⚡️ It’s not clear exactly what #digital assets will be announced on Monday, but we do know that they will not be the latest in a long line of digital assets launched by the stablecoin giant. Problem MiCAR regulation? 🥺 Seems Tether needs some good news. Under the EU MiCA regulation, Tether will not be able to operate in the European Union market as it used to have. MiCA requires it to follow strict criteria for E-money token (EMT) issuers, such as obtaining authorization as an electronic money institution or credit institution and audits. And Tether has not been audited. Ever. Largest stablecoin 😆 Tether is by far the largest stablecoin. Its 24-hours trading volume exceeds Bitcoin's. However, 112 billion USDT market valuation never saw an audit, so we are not clear how stable the coin actually is. According to stable coin rating agency bluechip.org of Benjamin Levit Tether is still rated with thrid-lowest rating of "D"! 😇 Tether is investing $1 billion Bloomberg reported yesterday that Tether also moves ahead to invest over $1 billion in the next 12 months. They intend to target transformative deals in AI, biotech, and alternative financial infrastructure. Let's see what comes. Previous stable coin projects Tether has in the past created stables for other currencies like the Euro, and the Mexican Peso, however, with limited success. The most surprising stable coin was the "Offshore Yuan Tether", which has been launched in collaboration with Zhao Dong. Dong was once one of the most prominent over-the-counter traders in China, and had previously disclosed that he was a Tether shareholder. But first, let's see what happens on Monday! More to come, that's for sure 🥳 #Tether #stablecoin #itsgettinginterestingnow #ReturnOnSociety 🦋

🐶 Memecoins: A total joke, right? But are they? What kind of value could these coins possibly have? Actually, they have: Pepe Coin Global has a market cap of $5.8 billion. Crazy! The coin named after a frog, yes! 🐸🐸🐸 The market cap of #Pepe is larger than all NFTs together! And here we are. During the last few months, I dug through loads of news, telegram channels and YouTube vids, to bring order into chaos. Deep dived into Turbo meme coin and invested a bit three months ago. Mainly because I liked their story: Rhett Mankind, a digital artist, created this coin in 5 days. Watch Alex, he tells the full story: https://lnkd.in/dwbMSVqe And I turboed into total FOMO! Invested 1300 USDT in Turbo, now it's at 1521% up, yes, right. And I can't stop looking at the price, 69 times today. Even Bitpanda jumped on the memecoin train: one of the largest crypto exchanges in Europe offers a new memecoin index, with Pepe, Floki, dogwifhat, Shiba and Doge (what names!!!) as the first memecoins in the index portfolio. More to come they promise, let's see! And there evolved innovative tools and platforms to analyse the xillions of messages and news: Take Sindbad BETA AI analytic tool: A German trio with an AI coder, a marketing guy and a DeFi expert created an analytical tool, #Sindbad. Subscription with affordable 25€ a month: https://lnkd.in/dds65RZ4 They analyse Telegram groups of most influential influencers (watch out: pump and dump guys included), evaluate tweets and youtubes, and summarize the content with AI models. Every day they also show results, like what if you invested in this coin it was 500% up since last week. And I tested it: well this model works for now for liquid meme coins, but only in a crypto bull market, when everything goes up. And it seems we are there, in a true bull market. I have a technical background. Believe in the value of blockchain, and see many wonderful real-world applications for web3. But I admit, it seems memecoins have a value too. They are totally tulips, of course. However, memes are often fun, built on clever stories. And around memecoins like-minded people typically gather, memecoins create communities. And isn't community all about blockchain and web3? Next posting on types of memecoins, follow me 🦋 #nofinancialadivce #doyourownresearch #unpaidad Remark: with Validvent we register for a EU-MiCAR licence and provide fully licensed advice on digital assets in future! We need a #ReturnOnSociety, more than ever!

🇦🇹 WE DID IT: The Austrian Blockchain Landscape 2024 has been released - we are excited to announce that more than 230 companies and players are featured on the updated edition of our Austrian blockchain ecosystem map! High-resolution pic: https://lnkd.in/gV4U-P6v We presented the map yesterday during the #Bitcoin Pizza Day Party at weXelerate organized by the Validvent team + Julia and PizzaDAO. More than 100 party people, 90 pizzas, a blast! 🎉🍕 Key trends in 2024: 🌳 Blockchain going green: new startups working on sustainability projects in ReFi 🔗 Innovative solutions using blockchain for ID and data integrity developed, crypto winter helped to build valuable applications 📉 Record number of bankruptcies & dead projects 😳 📈 40+ new entries covering startups, solution providers and new communities + education 😇 Big shoutout to Georg Brameshuber 🧢 of Validvent, Ed Prinz of DLT Austria , Matthias Tarasiewicz of Riat Labs and others who supported us! Stefan Craß of ABC Research focussed on new R&D projects (🙏🏼), Clemens Wasner helped with his AI-map experience. WHAT'S NEW 2024 🇦🇹 This updated version includes 42 NEW PLAYERS of startups, initiatives, conferences. Some new projects mentioned here: 🍭 Art & Entertainment Tunetag.net by Andreas Petersson developed tags to play music: scan, click, play! Frame-It.art  by Elisabeth Mühlbacher and her team: a new digital art gallery with a focus on NFTs ✏️ Rating Bluechip.org Ratings is a truly remarkable project by Benjamin Levit, the world’s first stablecoin rating agency! 🏫 Education & Media Education seems to be important in 2024: 3 new companies offer their services Crypto Wingmen of Anton Werner, So-Geht-Crypto YouTube-Channel of Robert Pöchhacker. Instagram's CryptoExplorer with 600k followers by Stefan Erben, wow! 🚧 Infrastructure / wallets walt.id by Dominik Beron develops a DID and wallet infrastructure. Pindora by Andreas Pensold offers a Decentralized Physical Infrastructure Networks (DePIN) to connect applications with decentralised infrastructure. 💰 Investors, yes! Umdasch Group Ventures, VC with ambitions towards the metaverse and Austria’s largest business angels network invest.austria on the map now. 💚 Regenerative Finance (ReFi) ESG Chain by Andreas Böcskör, itreebute by Daniel E. Gosterxeier 7Energy - Bürgerenergiegemeinschaft für erneuerbaren Strom by Thomas Zeinzinger, Vlinder Climate by Robin Bartmann 🆔 and data solutions TACEO by Roman Walch with zero knowledge solutions tagbase.io by Manuel Mertl and Future Verification Technology Inc. by Annemarie Monschein T 🍎 Trading / Tracking Nerox.io by Dominik Stiftinger-Lang with algorithmic crypto trading solution eden.space/ by Daniel Tesch Martins with “Accept Bitcoin without the Bitcoin” Cryptoradar by Oliver Korda All newcomers in detail & the overview of all players here: https://lnkd.in/gV4U-P6v ➡️ Would you like your company to be included? Please let me know! #ReturnOnSociety 🦋

🍕🎉 Celebrate with us the Bitcoin Pizza Day! And join us for the presentation of the #Austrian Blockchain Landscape 2024 🇦🇹 Wednesday, May 22, 2024 6pm at weXelerate, Vienna/Austria The Austrian #blockchain ecosystem is alive and kicking! Spoiler: 40 new startups, several ReFi projects, one promising stablecoin rating agency and more. The Bitcoin Pizza Day is organised by Validvent and Validvent.tax of Georg Brameshuber 🧢 and is official partner of PizzaDAO! 🍕🍕🍕 Supported by UNIQA Ventures / Dr. Andreas Nemeth, Julia Staudach / CryptoWiener and many more! This year the Austrian Blockchain Landscape is presented by #CryptoRobby and Stefan Craß, ABC Research. It has been drafted with the support of Matthias Tarasiewicz, RIAT and Ed Prinz of DLT Austria. 📆 22 May 2024 18:00 at 🌍 weXelerate, Praterstrasse 1, Vienna, Admission free, pizza and drinks free. When in Vienna, drop by! https://lnkd.in/dWDjAr86..

🚨JUST IN: US State Wisconsin buys $100 Mio worth of BlackRock Bitcoin ETF. Expect more to come! THIS IS WILD!😇 During the last weeks we heard rumors about governments of states to invest in Bitcoin. Today a confirmation came via #Coindesk. The crypto news platform reported an acquisition of the State of Wisconsin, which has been disclosed via a recent filing with the U.S. Securities and Exchange Commission (SEC). This reveals a growing trend of institutional investment in Bitcoin ETFs. We can expect that more US states will follow as well as other countries. Bitcoin ETFs have quickly gained traction among institutional investors since its start in January 2024. Financial entities such as Wells Fargo and J.P. Morgan have already disclosed their holdings in Bitcoin ETFs. Wisconsin‘s strategic positioning: SWIB, responsible for managing assets within various state trust funds, including the Wisconsin Retirement System and the State Investment Fund, now has strategically positioned itself in the growing ETF market. By investing nearly $100 million in BlackRock’s offering, Wisconsin joins a growing list of institutional investors betting on the future of crypto. The influx of institutional investments into its ETFs signifies a pivotal change in the financial sector. It points to a growing acceptance of cryptocurrencies as a legitimate asset class, which we crypto enthusists have waited for YEARS!!! Source: DL News, Coindesk, Bloomberg