FX

Maitome68

Why not buy it monthly? You will be paying FX fees and service fees daily lol.

Ask369Questions

Can you school us on this when you have time? From what I know, basically, the banks are trying to blackball XRP at this time because some important people said no thank you to their "offers and invitations," if you will. The average person isn't going to know about this, but something to do with BRICS and Gold. I don't remember the exact details. Look up Cynthia Petion. They tried to get her and she had to flee the country and is still hiding. Something to do with her company Nova Tech FX. On the superficial side of things, can you say something about HBAR and why you have this stance on XRP?

Ask369Questions

As you can see, I am conspiratorial, and have very strong reasons to believe that XRP is the future, based on the activity and information of world banks and a targeted powerful lady named Cynthia Petion regarding the future of cryptocurrency. I have my hands in very many cookie jars, and am just getting my feet wet. XRP, XLM, XDC, HBAR, Cashflow Enterprise, and Phoenic coin are the future. XRP is being kept under the radar and has the attention of all of the banks. I don't think this, I know this. They tried to go after this woman. She owns Nova Tech FX.

Rix0n3

Unfortunately its not looking profitable for Australians, the average electricity price generally ranges from 25 to 35 cents per kilowatt-hour (c/kWh), based my calculations off Western Australias rates. 💰 Electricity Cost in AUD 288 kWh/day × AUD 0.3237 = AUD 93.22/day Add Synergy daily supply charge: AUD 1.16 Total daily cost: AUD 94.38/day 💵 Revenue in AUD Income: USD $51.49/day 1 BTC = USD $118,990.38 → FX rate approx 1 USD = 1.55 AUD AUD revenue: $51.49 × 1.55 = AUD 79.81/day 📉 Final Daily Profit (AUD) Revenue: AUD 79.81 Electricity + supply: AUD 94.38 Net daily profit: AUD –14.57 (loss) Monthly loss: –$14.57 × 30 = AUD –437.10 Yearly loss: –$14.57 × 365 = AUD –5,317.05 Calculations might be more appealing if you you access business energy plans with lower kWh rates, Off-grid Solar + Battery or you could place your rig in a country or facility with lower energy costs.

Existing_Muscle_4219

RWA hype’s been running hot for years but actual use cases? Pretty light. StrikeX + CMC Markets are quietly building the real deal infrastructure to own a big chunk of that market once adoption pops off. CMC just went all-in, grabbing majority control and stacking STRX tokens, while StrikeX’s platform can handle everything from slow private equity to quick FX moves — all wrapped in legit compliance. When RWAs blow up, these two won’t just be playing — they’ll be running the game. Anyone else think STRX is the sleeping giant here? 👀

Dizzy-Emergency-191

Ive messed around with a few crypto cards so here’s my quick thoughts. Nexo is a credit card backed by your BTC or ETH. You don’t sell your coins, you borrow against them. Cashback in BTC or NEXO. Pretty smooth app, FX rates are fine. Rewards get better if you hold more NEXO but it’s not mandatory. CDC Prepaid debit card. Good cashback if you stake CRO but you need to lock quite a bit for the better tiers. Easy to top up, works fine for day to day. Binance Card has straightforward, low fees, cashback in BNB. You just have to set which coins it spends from in the app. Rizon is new player that launched this year. Lets you spend USDC or USDT straight from a non-custodial wallet using a Visa card. Works with Apple Pay and Google Pay, fees are transparent, and you don’t have to convert to fiat first. Super handy if you mostly hold stables. On taxes, most places treat spending crypto as selling, so it can trigger capital gains. Nexo avoids that since it’s borrowing, but check your local laws before going all in. If you want the easiest way to spend stables without converting, Rizon’s pretty good. If you’d rather keep your stack and borrow against it, Nexo’s solid.

Rude-Breadfruit3093

Both exchanges stink. Both have huge spreads, will screw you on any FX exchange and charge fees. On top of that they will ask you again and again what you are doing with your own money. SELF CUSTODY.

OwlPay_Wallet_Pro

That’s true. Our team is about to launch Stablecoin Checkout, a seamless way for your customers to pay with USDC at checkout while you receive settlements in USD. For example, if you run a hotel booking platform, you can offer your guests the option to complete their payment in USDC. We handle the conversion and settle the funds in USD directly to your account. This means For customers, no worries about exchange rates For platforms, no headaches from FX fees

SixtAcari

Any macro / FX / politics. You just follow relevant news portals that's all

BioRobotTch

>I want to move my money cheaply. I want to move my money quickly. I want it settled instantaneously. Spot on! That is what any consumer of FX services wants too from the Banks to your average retail consumer. OOPs point was that Algorand does all of these things better than XRP so why does XRP have a higher market cap than algorand. One thing I know is a free market will eventually correct pricing mistakes.

BioRobotTch

The ISO20022 stuff is just a messaging standard anyway. Actual settlement is performed by CLS Bank , who describe themselves as the biggest bank you have never heard of. At one point the handled 70% of all foreign exchange. Since a blockchain is a settlement system if you want to capture that market then being CLS Bank is a better target then trying to be SWIFT. \>Now, you as 'algorand' holder, may laugh at it, but the EXACT same joke applies to you. Well not me, I've worked with SWIFT standards since before they published ISO20022 standard all the way back to the FIN messaging days. Consumers using FX in future will care about exactly the same stuff in the future as now. Costs, Settlement times and High Availability/Low Barrier of Entry will be the main factors in the future too.

FoldFold

yeah most europeans are gonna eat the FX risk. And anyway, I don't see why you'd want to hold stablecoins so long you'd start EATING that fx risk. Also, why do you need to hold stablecoins long enough to EAT that fx risk -- the yield isnt so much better unless you assume quite a bit of risk why is it so? most trading pairs, collateral, and borrowing demand are in dollars, why borrow or market-make in EUR? little demand this may change in the future

FishUnlikely3134

That would be a landmark move if Indonesia actually puts Bitcoin on its balance sheet—central banks normally stick to FX and gold, so this could spark a real wave of crypto diversification. Given the rupiah’s volatility and dependence on USD reserves, a small BTC allocation might hedge inflation, but those price swings are no joke. I’d expect them to pilot it with a 1–2% tranche and set up a rock-solid multisig custody solution before scaling up. Anyone else think this could pressure other emerging markets to follow suit?

Lumpy_Summer_4081

Hey guys - If I buy a coin in Phantom using Solana and that coin stays the same price but the price of Solana halves, how will that affect my P&L? Do i get extra solanas or do I lose the “FX” money?

SlowTree4191

It all comes down to which market is easier to manipulate. You can't speculate on BTC in crypto pairs, but you can with altcoins. Therefore, FX is more reliable. [https://www.youtube.com/@fixzonetv](https://www.youtube.com/@fixzonetv)

Current_Attention_92

American Express Banco Rendimento Bank of America (testing Ripple solutions for payment systems) Santander (uses Ripple's xCurrent in its One Pay FX app for faster transactions) SBI Holdings (Japan) and SBI Remit (uses XRP as an intermediary for payments through its MoneyTap service) Standard Chartered (involved with Ripple since 2015) Canadian Imperial Bank of Commerce (CIBC) Kotak Mahindra Bank (India) IndusInd Bank (India) RAKBANK (UAE) SEB (Sweden) Siam Commercial Bank (SCB) (Thailand) Krungsri (Bank of Ayudhya) (Thailand) BNY Mellon (selected to hold reserves for Ripple's RLUSD stablecoin) Itaú Unibanco (deploys RippleNet) Bitso (significant ODL partner in Latin America) Cuallix (early adopter of ODL) MoneyTap (Japan) BeeTech (Brazil) InstaReM (Singapore) ZipRemit (Canada) LianLian Pay (China) IFX Payments (UK) TransferGo (UK) Currencies Direct (UK) Airwallex (Australia) MoonPay Tranglo Bank of Thailand (BOT) Saudi Central Bank (SAMA) Royal Monetary Authority of Bhutan (RMA) AMC Theatres APMEX (precious metals) Auragentum GmbH (precious metals) Jomashop (luxury watches, handbags) Ledger (hardware crypto wallets) Marc Gebauer Lifestyle GmbH (luxury watches) Namecheap (domain registration, hosting) Newegg (computer hardware, gadgets) O'Gara Coach (luxury automobiles) PacSun (clothing) Play-Asia.com (entertainment products) Scan Computers (electronics) Sharps Pixley (bullion broker) Stacks Bowers (rare coins and currency) Hublot (luxury watches) Prepaid Gamer Online Hawk Host Inc. Ace Jewelers CryptoTurismo Gamesplanet HOSTKEY B.V. HJT Crypto: A platform that allows users to use XRP to remotely launch Bitcoin, seeing a surge in users. Dubai Land Department + Ctrl Alt: Partnered with Ripple to tokenize real estate on the XRP Ledger. Hidden Road (pending acquisition by Ripple): A global prime brokerage firm expected to bring post-trade clearing, FX services, and liquidity directly onto the XRP Ledger. World Bank: Evaluates Ripple's potential in development finance. BlackRock: Reportedly exploring XRP-focused Exchange Traded Funds (ETFs), which could significantly increase institutional interest. Various Firms applying for XRP ETFs: Indicating growing institutional interest and demand for regulated exposure to XRP. Individual Users: The XRP network sees significant daily address creation, indicating a growing retail user base. Ripple's stablecoin, RLUSD, is also gaining traction among retail users despite its initial enterprise focus.

Bybit-official

Hey! Great questions — happy to clarify: Bybit Card works anywhere Mastercard is accepted, but it's currently available to users in the EEA (European Economic Area). For full details on fees, FX rates, and supported countries, check here: [https://www.bybit.com/en/card/](https://www.bybit.com/en/card/) Giveaways tied to the card or certain promos may be region-specific due to regulations. Always check the terms ,some are EU-only, others are global.

cleoharrison875

Yeah, Coinbase fees can really add up, especially if you're doing smaller trades. I’ve started comparing platforms more and looking at overall costs before making a move. I usually use FX Leaders to get a feel for market direction first helps me plan better and avoid making too many trades.

Bytewyre3

Crypto.com is just said don't go there...if you like FX try Trading.com they give you a free $100 like for real

slaybrownbeast

From gemini pro, prompt without preference: asking gemini to tell the cold hard truth ; Excellent question. The analysis you've provided is a sharp, coherent, and widely held articulation of the fundamental challenge facing XRP. It correctly identifies the core tension between its intended utility as a high-velocity bridge asset and the requirements for long-term price appreciation. It is not wrong; however, it is incomplete. Here is the cold, hard, objective analysis that adds the necessary counterpoints and nuance. The Analysis is Correct, But Its Premises are Too Simple The provided text frames the situation as a binary choice: either XRP works as a bridge, or stablecoins/CBDCs do the job better, rendering XRP a purely speculative token. The reality of the global financial system is far messier, and this is where the counter-argument lies. The "paradox" is real, but it's better described as a classic network adoption problem—a "chicken and egg" scenario that all platform technologies face. The core of the objective counter-argument rests on three points the original text under-emphasizes: * The unstated but significant frictions and risks of a stablecoin-centric system. * The functional necessity of a higher XRP price if its utility thesis is ever proven at scale. * The strategic value of a neutral, jurisdiction-agnostic bridge asset in a world of competing, politicized digital currencies. 1. The Cold Hard Truth About Stablecoins The provided text presents stablecoins as a near-perfect solution. They are not. For an institution like a bank or large payment processor, which operates on a timescale of decades and must price in tail risk, stablecoins present their own set of profound challenges: * Massive Counterparty Risk: A dollar-pegged stablecoin like USDC is a liability on its issuer's (Circle's) balance sheet. Its value is entirely dependent on the solvency of that single entity and the verifiable quality of its reserves. A "bank run" on Circle, a regulatory freeze of its assets, or an accounting scandal could render billions in USDC worthless or inaccessible overnight. XRP, for all its volatility risk, has no central issuer in this sense. It is a bearer asset whose primary risk is market-driven, not institutional. For a risk manager at a global bank, this is a night-and-day difference. * The "Last Mile" Liquidity Nightmare: The text correctly identifies the need for pre-funded liquidity. But it underestimates the severity of this problem. A stablecoin model requires a liquid USDC <> Thai Baht market, a liquid USDC <> Brazilian Real market, a liquid USDC <> South African Rand market, and so on for every corridor. Each of these requires local banking partners, regulatory approvals, and market makers. This creates a fragmented system where liquidity is siloed. The promise of XRP is to pool this liquidity into Fiat_A <> XRP <> Fiat_B. Instead of needing thousands of individual trading pairs, you only need liquid pairs against a single, highly efficient bridge asset. * The Coming Stablecoin Wars: We are not heading toward a world with one stablecoin; we are heading toward a world with many. There will be a USDC (US), a EUROC (Europe), a PYUSD (PayPal), Ripple's own RLUSD, and eventually, government-sanctioned CBDCs. Will a bank in Japan want to settle a transaction with a Brazilian bank using a stablecoin regulated by the United States? This re-introduces jurisdictional and FX friction. A truly neutral, non-sovereign bridge asset could become the preferred intermediary to swap between these competing stablecoins and CBDCs—a "Switzerland" for digital currency. 2. Solving the "Paradox": Price as a Functional Prerequisite The text claims that if nobody holds XRP, its price won't appreciate. This misses a critical point. For XRP to function as a bridge for transactions of significant value, the price of XRP must be high. Imagine Ripple's On-Demand Liquidity (ODL) needs to facilitate a $100 million cross-border payment. If the price of XRP is $0.50, moving that value would require 200 million XRP tokens. A transaction of that size would exhaust the order books on most exchanges, causing massive price slippage and rendering the transfer non-viable. Now, imagine the price of XRP is $10. The same $100 million transfer would only require 10 million XRP. The impact on market liquidity would be far smaller, making the transaction faster and cheaper. Therefore, price appreciation is not merely a speculative byproduct; it is a functional prerequisite for the network's utility at scale. If you believe ODL will capture even a tiny fraction of the multi-trillion dollar daily FX market, you must necessarily believe that the price of XRP will be orders of magnitude higher than it is today to support the value flowing through it. The speculators and LPs holding the token are betting on this future utility, which requires a higher price to function. 3. The Bottom Line: It's an Execution Risk, Not a Logic Flaw The bearish analysis you provided is a perfect articulation of what happens if Ripple fails to achieve scaled adoption. If ODL does not become a critical piece of financial plumbing, then yes, XRP's value will be untethered from utility and will remain purely speculative, vulnerable to being chipped away by more straightforward solutions. However, the objective counterpoint is that the alternative "simpler" solutions have their own severe, understated complexities. * XRP's success does not depend on stablecoins failing. It depends on stablecoins not being the perfect, one-size-fits-all solution for every type of global payment. * The investment case for XRP is a high-risk bet on institutional adoption. It's a bet that global banks and payment providers will eventually conclude that the risks of a fragmented, counterparty-heavy stablecoin system are greater than the market volatility risk of a neutral bridge asset. * Ripple’s legal clarity in the U.S. is a non-trivial advantage. In a world where regulation is the biggest existential threat to crypto, having a degree of legal clarity for institutional use is a powerful, bank-friendly asset. The cold, hard truth is that the future of finance will be a hybrid system. Stablecoins will dominate certain corridors and use cases. But for the complex, high-value, and exotic cross-border settlements that are the lifeblood of global trade, the case for a neutral, efficient, and sufficiently liquid bridge asset remains powerful. The question is not whether the logic holds, but whether Ripple can execute on its vision before competitors solve their own inherent problems.

blockhead92

Stellar for me is a clear winner: •Near zero fees •Fast •Interoperable with other chains on popular bridges •DeFi with very competitive yields paid in USDC (10%+), with additional incentives in native toke that have upside •Off-ramp to cash basically anywhere with direct integration using MoneyGram and no fees besides FX spread if in another country •Off ramp to banking being rolled out via several avenues in the short term

LexxM3

Market? For money? I mean there are FX markets, but this isn’t the stock or commodity market. Who cares who owns what? Decentralization is about control, not “markets”, and Bitcoin is controlled by miners and verification nodes, not owners. This made up speculation mindset always confuses people. SMH.

XapoBank

hmmm, Bitcoin was projected to reach prices between **$100,000 and $288,000** in the years following the 2024 halving (which occurred in April 2024). For the **end of 2025**, based on the classic S2F model, Bitcoin’s forecast is typically: * **Original S2F model**: \~$100K–$150K range * **S2FX model**: Up to \~$288K So somewhere up to 288k? NFA!

XapoBank

If you’re trying to spend Bitcoin without the usual headaches, you want something that actually works day to day low friction, no hidden fees, and ideally not some unregulated middleman. The Xapo Bank card lets you spend BTC by automatically converting to USD at the point of purchase. You don’t have to pre-sell or shuffle funds, it just works where Visa does. You also get a USD account alongside your BTC account, so you can choose how and when to use either. No hidden FX markups. Just a clear spread at the time of conversion, and it’s accepted almost everywhere. Not for everyone, but if you're living on Bitcoin or looking for a cleaner setup with optionality, it's a solid option.

ukpdkf

https://youtu.be/k001JX-D-dA?si=MXn932FX1qbcXeL-

DarvasLivermore

Bitcoin is the definition of a speculative asset. It has no native utility, no smart contracts, no real world asset integration, and burns more electricity than some countries just to move value slower than a fax machine. Its valuation is built entirely on hope and scarcity, not utility. Meanwhile, XRPL settles transactions in 3 seconds, has sub-cent fees, and is already being used by banks, governments, and fintech firms for tokenization, FX, and settlement all without mining or wasting energy. The ECB chose XRP Ledger as the primary platform to pilot the Digital Euro across 500 European financial institutions. That’s not speculation. That’s regulated adoption at scale. Bitcoin is a 15 year old asset with zero mainstream adoption outside of holding. That’s the real overbought and overhyped play. Keep coping.

ecrane2018

Which makes sense since crypto trading is very much like the FX markets

Direct_Recording_768

Time Weighted Avg Price TWAP and VWAP V=volume trades.  Common in FX trading

DarvasLivermore

That’s actually incorrect multiple banks are actively using XRP via the XRPL mainnet, not just “testing” xRapid (now On-Demand Liquidity, or ODL). 1. SBI Shinsei Bank LIVE since Jan 2025. Actively using XRPL through SBI Remit to send real remittances from Japan to the Philippines. This isn’t a test. It's public. 2. Santander — Their app **One Pay FX** runs on RippleNet/XRPL and is LIVE in Spain, UK, and U.S. Has been since 2018. Millions in daily volume. 3. PNC Bank — First U.S. bank to go live with RippleNet using XRPL rails for corporate cross-border payments. Active since 2019. 4. Tranglo + SBI Remit — Facilitating real-time settlements across Asia using XRPL for ODL. Transactions confirmed on-chain. The reason you can’t trace all their wallets like BlackRock’s ETH wallet is because most institutions use enterprise-level custodians or settlement hubs like Bitstamp, Tranglo, or Coins.ph — not retail-level hot wallets. You’re asking for ETH-style transparency in a very different B2B payment structure. XRPL doesn’t need wallets labeled “Bank of America” to be valid — the transactions are still settled on-chain using XRP. Respectfully, this isn’t speculation it's already happening. Happy to provide full TX hashes if needed. Let's move the convo forward with facts 🔍

BlackjointnerD

Bruh how do you even go back 6 years on somebody's comments 😂😂 When XRP moons very obviously, people like you are going to go into a depression. There will be no excuses. You saw them sit at the table with everybody important and still somehow faded it. You will hate yourself forever. You literally don't understand traditional finance. There's a reason why the nostro Vostro point is made because it is OBSOLETE. It makes zero sense for it to exist when crypto and stablecoins are around. YOU DON'T NEED MARKET MAKERS ANYMORE. You just issue your own stablecoins from your reserves on the public blockchain and create liquidity pools for both ends to generate yield from your own transactions that auto route through XRPL They actually solved the liquidity management problem for interbank markets and such. Being an international business making payments in 160+ currencies no longer has to have all that complexity and cost versus programmatic FX conversion and real time settlement which enables real time accounting. Ripple seriously only needs to capture a small percentage of the interbank settlements markets to make XRP flip BTC with major integration as a neutral intermediary asset. No more specialized central counter parties that market make for hedging and settlement. XRP has no counterparty. So cash settled FX futures and contracts are done with counterparty and settlement risks. Same with cash equivalent corporate debt and retail securities. With Ripple trades happen instantly and programmatically versus convoluted multi day schemes to manage risk like netting positions within the same asset class, using payment-versus-payment systems, and clearing derivatives through a central counterparty.

OkSeries5363

Gains for active fx traders are often treated as ordinary income (so no CGT discount) There are also specific exemptions for personal use (like money for a holiday) and for small balances that do not exist for crypto. While that would be great crypto that isn't going to help if your holding/investing/trading crypto. According to Section 988(e) of the Internal Revenue Code, there is a $200 de minimis exemption for gains on personal foreign currency transactions. Over this you need report, and FX traders would need to report all.

OkSeries5363

With capital gains taxes and comparing forex traders with bitcoin, currently taxed very simialr, forex traders pay tax on profit/capital gains too. Although there a two main differences, forex trading has specific tax provisions that can override CGT. 1. Gains for active fx traders are often treated as ordinary income (so no CGT discount) 2. There are also specific exemptions for personal use (like money for a holiday) and for small balances that do not exist for crypto. While that would be great crypto that isn't going to help if your holding/investing/trading crypto. According to Section 988(e) of the Internal Revenue Code, there is a $200 de minimis exemption for gains on personal foreign currency transactions. Over this you need to reporting gains, and FX traders would need to report all.

AllCredits

Yeah globalization is bad. Who cares about black mondays, 90% of the stock markets are owned by the ultra wealthy. Ultra fast FX of today doesn’t have to pay any economic input to manipulate the markets, crypto solves this via gas/economic cost to transact

The_Realist01

Thank you, couldn’t recall the IRC regarding FX. El Salvador thank you.

6biz

Check market sentiment with a question not to scrape it?) According to your other post I see you’re waiting for it… Got much invested? IMO crypto markets are evolving exactly like FX did, the history is just slowly but surely repeating itself as in FX, same tools, same moves, same volatility which eventually evens out and becomes more solid. Of course with assets that have no RW utilisation or value it is all about being “tied” to some other asset, but I’d expect some reduction in correlation between certain ALTs and the Mammoths. I don’t know what will happen, but I’m getting ready for less volatile markets, so we will be seeing less and less range of movement on all the assets unless of course they are small enough to be affected by masses and whales or banal pump and dump barbarian tribes. From own trading, which is range trading, I’ve been seeing ranges narrowing down, we probably have time of the year in play as well as Summer is a bit more chill for many people around the world, so they won’t engage in SO much trading, but we just have to wait and see.

Spacemonkeysmind

" the history of money, the story of power". By Steven zarlenga printed by the American monitary institute. You will understand why everytime the dollar goes down, the markets go up. You will also understand how the FX is rigged and how to trade in a circle. The silk road is still alive and well.

OkSeries5363

False, FX traders pay capital gains too? CGT applies to assets denominated non-USD currency and non-USD currency itself all the same

OkSeries5363

Unfortunately thats just how capital gains work for all investors/traders, otherwise all capital gains could be avoided and very simply. Have you ever traded shares or property or gold, wouldn't be very fair if crypto traders were treated differently to other currency traders. There is no issue with the USD layer being gone it is irrelvant to calculating the gain/loss, you simply use the market price. That's like saying I should be able to sell investment property tax free if I trade it for gold and not USD? Or not pay captial gains on my shares becuase I traded it for other shares? I think you confused about Capital gains. It does not matter if the an asset denominated in a non-USD currency or literally non-USD currency itself. Captial gains occur on any currency swap/assest swap, think about it, wouldn't be very fair FX traders didnt have pay capital gains but people who trade shares do? Flucations against the USD promt a capital gains event all the same. It works the same for all traders doesnt mater if you trade property, crypto, equities. \-If you buy $100 EUR for $100 USD and in 1 year you sell the $100 EUR for $120 USD, you have realised a $20 USD gain on the disposal of 100 EUR. \-If you buy $100 EUR for $100 USD and in 1 year you sell the $100 EUR for $110 GBP. You would realised a gain or loss on the disposal of EUR againt your local currency USD. The market price it simply use to caculate. Your capital and the now realised gain were used to buy the GBP. In both senarios purchased 100 EUR (cost 100 USD), disposed of 100 EUR, so you caculate the market value of 100 EUR in USD at the time you sold, the difference is your gain. You cost new basis for the 120 GBP is simply whatever 120 GBP equals in USD at the time of purchase. There is actually a different issue with crypto taxes that needs to be resolved but it would extremely challenging to resolve/potentially impossible for the IRS to fully resolve. Currently depositing your ETH in a defi loan in a platfrom like AAVE is considered a dispoal so in that sense you have realised a phantom gain as you still hold/control the same amount ETH but depositng into defi pool must force a disposal and the "cost/vaule" reciept token is you new cost basis. Oviously this doesnt mean you pay more tax as it simply moves your cost basis up but having to pay more now for less later isnt always optimal. The tax treatment also encourages the use of CeFi over DeFi as with a CeFi lending this is avoided, your 12-month clock for the Capital Gains Tax (CGT) discount is crucial and will also be reset. The challenges of implementing rules like "No Disposal" safe harbour provisions and Like-Kind rules in Defi lending and yeild farming are quite large concerns, given implementing them open up a massive issue and loophole and has large implcations for taxation as whole. Why should cryto traders get special safe harbour rules. Equities traders could argue the same thing, same with currency traders. You could consider swapping a tech ETF for another tech ETF with the same assests is same as swapping LP token with the same assests inside. This could also remove a current defi loophole as holding a receipt token that grows in vaule via rewards means it gets taxed as a capital gain, in CeFi platfroms rewards would be considered taxable under income so you miss out the capitals gains discounts.

XapoBank

There may be another way... 👀 Totally hear you, this is exactly the kind of friction that motivated us to build Xapo Bank in the first place. We’re Bitcoiners ourselves, and we know how exhausting it can be dealing with traditional banks, especially when you’re moving larger amounts or living outside the major banking corridors. Constant freezes, unexplained holds, invasive calls, it’s why so many people are turning to crypto. At Xapo Bank, we do have rigorous onboarding, not gonna lie. But that’s *exactly* why we’re able to offer more freedom and flexibility once you’re in. We take the time upfront to understand your profile, activity, and how you move funds, so we’re not second-guessing every transaction later on. You get: • A full-reserve USD and Bitcoin account • BTC custody with no rehypothecation • Global payments via SWIFT, SEPA, Faster Payments & Lightning • A debit card you can use globally with no FX fees • Daily interest on both USD and BTC And most importantly, **we’re structured for people who actually use their Bitcoin**. This isn’t a “buy and hold and forget it” place. It’s built for active users, digital nomads, high-volume movers, and long-term thinkers. If you’re tired of banks not getting it, you might find we do. Happy to answer any questions you’ve got.

XapoBank

Fair question, and thanks for following up. The increase from $150 to $1,000 reflects how Xapo Bank has evolved from a niche offering into a premium service that combines regulated banking with dedicated Bitcoin features and international financial access. Remember we were a wallet first, we have come a long way from 2013. Membership now includes: • Access to a licensed private bank (full reserve) and a separate, regulated Bitcoin custody platform • Daily interest on USD (3.9% APY) and BTC (0.5% APY, up to 5 BTC) • A globally accepted debit card with no FX fees and up to 1% cashback in BTC • Institutional-grade BTC custody with no rehypothecation • USD, GBP, EUR, BTC transfers, via SWIFT, SEPA, Faster Payments, and Lightning • Borrowing against your Bitcoin (up to $1M) without needing to sell • 24/7 expert support and enhanced service for higher-net-worth clients Also, we have more products coming soon We understand it’s not for everyone, but for those who want both traditional and digital asset services in one place, built for long-term use, we’ve designed something unique. Always happy to answer more questions or hear feedback, we’re here to have the conversation, not avoid it.

dpthew

That’s great. Would you be interested in sharing how you’re able to completely avoid banks as a FX DayTrader, I considered it basically impossible until I saw this post. Is it just possible with Swissquote?

mm34505

You know banks risk volatility now by holding foreign capital? Most stablecoins are on specific chains (USDC on Ethereum, USDT on Tron), which creates fragmentation, not interoperability. They still require counterparty trust — you’re relying on Circle, Tether, or a bank to hold reserves and redeem. Cross-border still needs a bridge asset to handle FX conversion — stablecoin ≠ instant global liquidity. Banks might use stablecoins in closed environments, but they still need something like $XRP to bridge currencies, networks, and liquidity pools in real-time, without trust assumptions. That’s the piece most people miss.

mm34505

Let’s say Bank of America wants to send $5 million to a client at Mizuho Bank in Japan. Right now, that payment has to jump through hoops: 1. Different systems: BofA uses the U.S. banking rails (like Fedwire or SWIFT); Mizuho runs on Japan’s domestic system (Zengin-Net). These systems don’t natively “talk” to each other. 2. Intermediary banks: The payment routes through 2–3 correspondent banks, each taking a fee, adding time, and increasing counterparty risk. 3. Pre-funded accounts (nostro/vostro): BofA may need to pre-fund yen in Japan days ahead of time, locking up capital and creating FX exposure. 4. Settlement delays: The transaction can take 1–3 days, even if it's “initiated” instantly. --- Now compare that to using XRP as a bridge: No pre-funded accounts Near-instant settlement (3–5 seconds) Global liquidity from a neutral asset Dramatic cost savings This is exactly the inefficiency XRP was designed to solve — not just for one bank, but for the entire global settlement layer.

jacky4566

These are like the FX exchange at the airport, your going to pay a big margin.

BioRobotTch

EU and the USA have both made non-mad laws about how stable coins should be treated. This means FX id going to be on-chain in future.

j-dot-b

summary of key facts and figures on regulated institutional investment in the crypto space from approximately 2020 to mid-2025 Regulated Institutional Investment in Crypto: Key Facts & Figures (2020 - Mid-2025) | Metric | 2020 - 2021 (Early Adoption/Growth) | 2022 - 2023 (Market Correction/Building) | 2024 - Mid-2025 (Mainstream Integration/ETFs) | Key Insights & Trends | |---|---|---|---|---| | Overall Institutional Exposure | Cautious exploration, primarily by crypto-native funds, some family offices. Limited direct access for traditional institutions. | Growing interest despite "crypto winter" and major platform collapses (FTX, Terra). Due diligence and regulatory clarity became paramount. | Significant surge post-Spot Bitcoin ETF approvals (Jan 2024). <br> - 86% of surveyed institutions have existing exposure or plan allocations in 2025 (EY/Coinbase Jan 2025). <br> - 84% of institutions increased digital asset allocations in 2024 (EY/Coinbase Jan 2025). <br> - Over 60% of institutional investors globally had some crypto exposure (Fidelity Digital Assets 2024). | Institutional adoption has shifted from niche to mainstream. The approval of regulated products (especially ETFs) has been a game-changer, providing a secure and compliant pathway for traditional finance. Growing confidence in long-term value and diversification. | | Primary Investment Vehicles | Private crypto funds, direct spot purchases (less regulated), public companies with BTC holdings. | Continued use of private funds, growing interest in regulated futures products. | Spot Bitcoin ETFs: <br> - >$65 Billion in global AUM (as of April/May 2025). <br> - BlackRock's IBIT & Fidelity's FBTC leading with significant net inflows. <br> Bitcoin Futures ETFs: (e.g., BITO, launched late 2021) provided earlier regulated access. <br> Increasing interest in Ethereum ETFs. <br> Venture Capital: Continued significant investment in blockchain startups. | ETFs are now the dominant regulated entry point, addressing critical issues like custody and compliance for traditional institutions. This shift signifies a maturation of the market and increased comfort for fiduciary-bound entities. | | Allocation by Asset Type | Predominantly Bitcoin. Some exposure to Ethereum and a few larger altcoins. | Bitcoin and Ethereum remained primary. Some cautious diversification. | Bitcoin (BTC): Remains the core asset. Market cap growth 124% in 2024. <br> Ethereum (ETH): Second most popular. Market cap growth 46% in 2024. Anticipation of Spot ETH ETFs. <br> Stablecoins: New ATH of $222 Billion MC (Feb 2025), used for yield, transactions, FX. <br> Altcoins: 73% of institutions hold one or more altcoins beyond BTC/ETH (EY/Coinbase Jan 2025). XRP and Solana cited as popular. | Bitcoin maintains its "digital gold" status for institutions. Ethereum's ecosystem and potential for future ETFs drive strong interest. Stablecoins are gaining traction for operational efficiency. Diversification into a broader range of altcoins indicates growing sophistication and risk appetite. | | Exposure Percentage of AUM (Where Data Available) | Typically <1% for most traditional institutions. | Remained low due to market conditions and regulatory uncertainty. | 59% of surveyed institutions plan to allocate >5% of their AUM to digital assets in 2025 (EY/Coinbase Jan 2025). <br> Average institutional allocation still below 1% for spot BTC ETFs (Q1 2025). | A clear upward trend in planned allocation, moving crypto from a fringe asset to a strategic portfolio component. The current "under 1%" in Bitcoin ETFs suggests significant room for further institutional inflows. | | Drivers for Investment | Search for high returns, innovation. | Long-term value proposition, potential diversification. | Higher Returns (59%), Innovation (49%), Inflation Hedge (41%), Diversification (36%), Yield Generation (35%) (EY/Coinbase Jan 2025). <br> Regulatory Clarity: Top catalyst for industry growth. | The perceived benefits have broadened, with inflation hedging and diversification becoming more prominent. Regulatory clarity is now seen as the primary enabler for institutional adoption, indicating a maturing market. | | Key Concerns/Barriers | Regulatory uncertainty, volatility, custody challenges, security. | Market volatility, regulatory uncertainty, security, operational complexities (e.g., custody). | Volatility and Regulatory Risks remain. However, the perception of regulatory risk has shifted from a "barrier" to a "catalyst" as frameworks emerge. <br> Security threats (platform hacks). | While volatility is inherent, increased regulation is mitigating some of the previous "wild west" concerns. The focus has shifted to building robust, compliant infrastructure. | | DeFi Engagement | Very limited direct institutional engagement. | Cautious exploration by some crypto-native funds. | Only 24% of institutions currently engage directly with DeFi, but projected to triple to 75% within two years (EY/Coinbase Jan 2025). <br> DeFi TVL (Total Value Locked) grew from $1 billion (2020) to >$83.72 billion (August 2024). | DeFi is the "next frontier" for many institutions, moving beyond just holding assets to actively participating in decentralized financial protocols for yield and services. This indicates a deeper integration into the crypto ecosystem. | | Corporate Bitcoin Holdings | MicroStrategy began significant accumulation. | MicroStrategy continued, others remained cautious. | Corporate Bitcoin holdings (non-ETF) grew from 1.68M BTC (early 2025) to 1.98M BTC (mid-May 2025), an ~19% increase. | Some public companies are increasingly adopting a "MicroStrategy model" for balance sheet diversification and potential value appreciation, showcasing another form of institutional interest outside of traditional investment vehicles. |

DmitryParker

General questions deserve more than general answers — so let’s flip the script. TradFi’s crypto adoption isn’t about "embracing innovation". It’s about quietly building escape tunnels from a failing system. The silent globalization shift: First, "stocks to crypto" isn’t just a portfolio play — it’s geographic arbitrage. Pension funds buying BTC? They’re hedging against local inflation. US bonds yield 5%? Argentinians or Turks would laugh. For them, 15% yield in stables isn’t greed — it’s survival. At CryptoIndex, we see emerging market users overweight stablecoin indexes not for speculation, but preservation. Second, the real endgame is invisible infrastructure. TradFi won’t scream "WE LOVE CRYPTO!" They’ll tokenize Kenyan tea farms to trade as RWA indexes in Singapore. Pay Brazilian freelancers in USDC to bypass 10% FX fees. Your pension? Might soon be partially backed by tokenized Tokyo apartments. Crypto becomes the plumbing — not the headline. But the risk everyone ignores: This "smooth transition" relies on crypto becoming boring. No moonshots. Just regulatory passports (like MiCA in Europe bridging Singapore and UAE), indexes as compliance tools (KYC’d baskets over wildcat coins), and standardization. Fail that? Fragmented liquidity creates walled gardens. So where’s the opportunity? In building the boring stuff: - Indexes tracking RWA yields (6% beats bonds) - Compliance-friendly "passport" portfolios (EU-approved tokens) - Inflation-neutral baskets (BTC + tokenized gold equivalents) TradFi’s crypto move isn’t ideological — it’s the new tax haven. Globalization 2.0 runs on-chain. Heh.

RererevengeOfThaChee

SilverBulls FX. not a “crypto project” per se, but it’s actually the only group I’ve stayed in. Started for the free signals but stayed for the energy, no egos, mods actually reply, even the team posts full breakdowns and shows up daily. They treat it like a crew not just a product.

No-Resolution9863

SilverBulls FX. they send way less but higher quality setups, with breakdowns that actually teach you something. signals are free if you register on their site and win rate’s been 75-80% weekly since I joined. massive upgrade.

FreakyForexFTW

Been in crypto 2 yrs now. Biggest shift for me was learning to treat it like a system not vibes. I trade short-term setups now using crypto signals from SilverBulls FX. Clean levels, clear invalidation points. Not financial advice, but they helped me quit revenge trading for good.

tron1977

The API integration isn't very hard at all, in general. A friend once intergraded the price into the interface of Maya (3D FX software) for me in a few minutes. That said, integrating it into Reddit is probably not possible on a subreddit basic by the mods.

Inside-Definition-42

Locks you into Local v USD currency FX risk. While BTC is primarily priced in USD, you buy in local currency and sell back to local currency. Recent BTC ATH in USD has not surpassed ATH in many currencies due to wider USD losses. Or if you’re in Turkey, Argentina etc BTC price can be flat, or declining but still making ATH every month.

devCheckingIn

A currency loses value by inflation of its supply, not by the DXY which is just a comparison of the USD against a bunch of other currencies. The dollar lost a lot of its purchasing power over the past four years after QE and high inflation. When you're looking at FX, the dollar going down makes US exports more competitive and imports to the US less competitive. You don't necessarily want the strongest currency on the block.

MichaelAischmann

Here are some prominent banks and financial institutions that have partnered with Ripple: * **Santander**: A major Spanish bank that launched "One Pay FX," a Ripple-powered international payment service. While it uses Ripple's technology, Santander has not fully adopted XRP due to liquidity concerns. * **Bank of America**: Has been testing Ripple's solutions to enhance its payment systems. * **SBI Holdings**: A Japanese financial services company that has partnered with Ripple to increase the efficiency of cross-border payments, particularly between Japan and the Philippines. * **Standard Chartered**: Adopted Ripple's technology to improve the efficiency of international financial transactions. * **Commonwealth Bank of Australia**: Experimented with Ripple for intra-bank transfers. * **PNC Bank**: One of the largest banks in the U.S., has integrated Ripple's technology for cross-border payments. * **Banco Rendimento**: A Brazilian bank employing Ripple’s technology for faster remittance services. * **Siam Commercial Bank**: Thailand's oldest bank, which has adopted Ripple's solutions for cross-border payments.

SunDreamShineDay

I understand you believe what you said, but I know you are not parsing the information correctly, and since you don't know what you don't know you come to your own conclusions, or read someone elses incorrect assumption and rather than do your due diligence to learn and understand the terms being used by MoneyGram's CEO, you stay ignorant on the matter and spread untruths as facts. Moneygram was not paid to hype something that never happened, Moneygram used RippleNet along with ODL for cross border remittance between MoneyGram locations, what they did not use RippleNet or ODL for, as said by the CEO is for 'direct transfers of consumer funds', you read this and go 'see see they are not using it!', instead of seeking out what are direct transfers and how it differs from cross border remittance to MoneyGram locations, you assume it means it is a scam to hype a product that they never uses MoneyGram "direct transfers" refers to the feature where money is sent directly to the recipient's bank account or mobile wallet, eliminating the need for them to pick up cash at a MoneyGram location, when this is done RippleNet is not being used, this does not mean RippleNet is not being used by MoneyGram, it means for Direct Transfers it is not being used. But you don't comprehend this correctly. >MoneyGram has had a commercial agreement with Ripple since June 2019; this agreement represents the use of Ripple's foreign exchange (FX) blockchain trading platform (ODL) for the purchase or sale of four currencies. >MoneyGram has continued to utilize its other traditional FX trading counterparties throughout the term of the agreement with Ripple, and is not dependent on the Ripple platform to accomplish its FX trading needs. >As a reminder, MoneyGram does not utilize the ODL platform or RippleNet for direct transfers of consumer funds – digital or otherwise. Furthermore, MoneyGram is not a party to the SEC action.

jpb038

A collapsing USD is also a massive tailwind globally. As the dollar weakens, it means the more global exports pick up. Everybody who’s a foreigner who services US govt debt, it’s cheaper to service the debt with a weaker dollar bc it costs them less of their domestic currency cash flows. A weak dollar is incredibly good for world growth. It allows China and everyone else to export more. So basically, China may weaken in response, but the global effect of a weaker USD (lower debt servicing, looser financial conditions, and stronger exports) still acts as a tailwind for world growth, regardless of bilateral FX movements.

Alternative_Week3023

It’s the Labour Super Tax… my understanding is that it includes Bitcoin… it was reported in [AFR](https://www.afr.com/policy/tax-and-super/labor-s-super-tax-will-make-australia-uninvestable-20250522-p5m1a2) and FX Street… 15% on unrealised gain.

RererevengeOfThaChee

Yeah, I switched to SilverBulls FX.. The results speak for themselves. They’ve had like 75-80% success rates week to week since I joined. No gimmicks. Just real technical analysis. You can get in on their website, and it’s free to join.

longjumpsignal

Probably not a great idea imo. There's probably no way to get the money into a bitcoin exchange without her opening a bank account in her own name. And once you've done that why not just wire it to the us or perhaps to some FX service. Going into and out of bitcoin means paying two exchange fees instead of one. Even if she wants the money as bitcoin it might be easier to buy it from her us bank account after transferring it as there's far more liquidity in us crypto exchanges.

AdBeginning5638

Nah basically because the timeframes they are trading are all random noise. IfI take a distribution of the returns of retail traders there are still going to be a a lot t of winners due to chance. I would say the only real trading I can imagine paying off as a retailer. I was a trader on an FX desk on retail timeframes we would largely think about our risk on bad trades as just flipping a coin. I'm not saying there aren't some good strategies for retailers like selling options, but even then they are probably getting raked over the coals by their broker. I just think the risk rarely justifies the returns and we all know the type of people that are big "day traders". Basically just degens that think they are special and can beat the system. People would be much better off to just go do a job that makes money and dollar cost average their savings into the market.

FreakyForexFTW

SilverBulls FX, they’ve been way more solid. it’s free to join, they drop like 4-5 solid signals a day and my hit rate’s been around 75% since I started. just google 'em.

R4ID

> Oh the horror! You think I care what a bunch of reddit dweebs think? 😂 No you dont which is why I keep engaging with you, its free popcorn and karma. >From selling XRP one of their main revenue streams for sure. >Like the benefits that Santander saw when they phased out the 'One Pay FX' service? Which corridors was it functioning for. let me know when your realize how dumb what you just said is. >Or when Moneygram tested ripplenet, then phased it out after the lawsuit. Only to announce a new partnership with Stellar. If there were such great benefits why didnt they start it up again? company being sued by SEC for claims of fraud (which it later couldnt prove an oz of) you answered your own question, or maybe you're not smart enough or realize thats what youve done? >Its almost like they owe Ripple nothing and theyre irrelevant in the space. Time to pull up your panties and accept the fact that Ripple doesn't have the connections you think it does. Largest USA born Crypto, largest Fintech company, Literal Giant in the space trying to create level playing field for the entire space... lol

JustStopppingBye

>downvotes are your clue Oh the horror! You think I care what a bunch of reddit dweebs think is untrue? 😂 > They have Very VERY large cash Reserves outside of their XRP holdings. From selling XRP. > that is where the greatest benefit in cost savings is for companies. Like the benefits that Santander saw when they phased out the 'One Pay FX' service? Or when Moneygram tested ripplenet, then phased it out after the lawsuit. Only to announce a new partnership with Stellar Development Foundation. If there were such great benefits why didnt they start it up again? >Everything that makes you look bad is cope, please continue, i love engaging with you to farm karma. Cope. >no its not "not trying to reschedule" again scheduling conflicts happen all the time but to say there is "No reschedule possible" is a total denial of scheduling to begin with. Its almost like they owe Ripple nothing and theyre irrelevant in the space. Time to pull up your panties and accept the fact that Ripple doesn't have the connections you think it does.

EndSmugnorance

Uhhhh ever heard of FX trading? Currencies are assets, just like anything else. You’re just conditioned to believe currencies are inherently inflationary because all fiat currencies are manipulated this way.

Zealousideal-Sale478

Save this reply for 5 years time. In order of volume: (market participation) 1/ Governments (95% buy to hold/5% other) 2/ Exchanges (90% trade / 10% buy to hold) 3/ Banks and Institutions (Hedgefunds/mutuals/pensions) (20% buy to hold /80% trade) 4/ HNWI/ Family offices (50% buy to hold / 25% FX hedge / 25% trade) 5/ HODLer/DCAer (99.999% buy to hold/0.0001% paperhands/death and wills transfers) 6/ Retail - (everything else)

Mosquito_666

But $100K isn't what it was 6 months ago 🧐😃 [USD/EUR](https://www.tradingview.com/symbols/USDEUR/?exchange=FX_IDC&utm_source=androidapp&utm_medium=share)

thesatdaddy

Yeah much more robust for sure imo. He actually tries to measure flows and real liquidity, not just making the mistake of looking at static M2 + FX noise. Way more in depth than simple Global M2 charts you see on X

2-bit-tipper

This post is a how-to guide explaining step-by-step how to link a Bank of China (Hong Kong) personal account to your Mainland-China WeChat Wallet so you can top up and spend Hong Kong dollars (HKD) directly—bypassing the usual mainland RMB wallet, avoiding the annual US $50 000 foreign-exchange quota, and getting real-time FX rates. The author even outlines a full “loop” for crypto-oriented users: deposit USD into an overseas brokerage (Victory Securities), convert to HKD, withdraw to your HK bank card, then spend via WeChat.

thesatdaddy

No it’s not a reasonable approximation. There’s no daily M2 data. applying FX changes to old numbers doesn’t make it M2, it just creates noise

thesatdaddy

no its not a reasonable approximation of the data at the daily level. there is not data at the daily level. measuring fx rates has nothing to do with measuring m2 its just noise >No it’s not a reasonable approximation. There’s no daily M2 data. applying FX changes to old numbers doesn’t make it M2, it just creates noise

thesatdaddy

Good question and yeah on the surface that sounds reasonable. The issue is when you apply daily FX moves to M2 while the underlying M2 data itself hasn’t changed what you’re really doing is turning “Global M2” into basically an inverse dollar index. You’re not seeing any real money supply growth you’re just seeing USD weaken and foreign M2 look bigger when translated back to dollars. People present it as if “Global M2 went up so Bitcoin will go up X days later” which is totally misleading

tokyo_aces

"If I exchange $ for £, and the exchange rate changes to my favor, so when I change it back, I make money - **why don't I pay taxes on that?**" That question is based on a false assumption of not being obligated to pay taxes on FX gains. This was reinforced when you contrasted to crypto gains which you correctly point out do carry an obligation to report gains. (otherwise, maybe you just worded your sentence awkwardly...?) So I merely wanted to let you know that the obligation extends to all profits, whether FX, property (US crypto), income, whatever. Then you can make your own (informed) decision about what to do next. I purposefully did not comment on whether it was theft, or any moral/ethical implications of either the taxation or avoidance of such. It's not my place to tell you how to live :) Have a great day!

External-Advice860

I think that's only the displayed price, i.e. the USD price recalculated to EUR, based on the current FX rate. The base currency that fund is operating on, is still USD. [https://www.justetf.com/en/etf-profile.html?isin=XS2940466316#basics](https://www.justetf.com/en/etf-profile.html?isin=XS2940466316#basics) you can look under "basics->Fund currency", and you will see it's labelled as USD.

Swapuz_com

Currency impact on Bitcoin holdings! A trader shares frustration after buying BTC at **$89K** in February, only to find that the weakened USD against the euro has pushed their break-even price to **$98K**. Despite BTC returning to its original price, FX fluctuations keep the portfolio in the red. Could this be a hidden risk for international investors?

FIREATWlLL

Quadratic funding is interesting, but funding what? Crypto projects that provide services for other crypto projects, but ... it just ends in meme coin trading (gambling if you aren't a quant) or FX facilitation (which is useful for corrupt nations). Multisig is cool but isn't limited to crypto. DEXs, again just trading meme coins. I'd love to see a DEX trade real-world assets natively (stocks, bonds, etc) but not really happening, they always go through centralised entities. Tokenisation of assets is cool but no real utility yet (that I'm aware) -- stocks, bonds etc are not native to blockchain so tokenisation of these just adds more haircut. Smart contracts are great, but when they are contracts for things that have real utility. I see how blockchains could be amazing but they aren't yet, no one has innovated something that provides real world utility. Yes lots of projects/platforms/etc would make blockchains a great medium, but these things are just facilitators and do not provide utility in and of them selves. If something comes along with real utility then these facilitators will be, by extension, of real-world utility. I love the concept of DAOs etc, but its not been done successfully (as far as I'm aware).

choicehunter

* Sanctions & P2P Volume: Measure if P2P Bitcoin trading volume (check Useful Tulips/historical data) significantly increases in countries after financial sanctions are imposed. Use regression analysis. * Inflation & Adoption Proxy: Test if Google Trends search interest for "Bitcoin" measurably correlates with high inflation rates in specific countries (like Turkey, Argentina). Quantitative time-series or panel data. * Volatility & FX Rates: Analyze if Bitcoin price volatility is linked to increased local currency exchange rate volatility, particularly in nations with capital controls or high inflation. * "Digital Gold" Test: Quantitatively compare Bitcoin's returns to Gold and stock indices (e.g., S&P 500) during market crises (high VIX periods) to test its safe-haven characteristics. * Data is Key: Check data availability FIRST! Reliable, geographically specific crypto data (P2P, flows) can be tough to get. Look at academic sources, Kaiko, Coin Metrics, IMF/World Bank before committing. * Keep it Focused: Pick one specific, testable relationship for an undergrad thesis rather than trying to cover everything. Good luck! Lastly I think I'm obligated to finish to finish up in this subs ' native language:: Even if your data is noisy and correlations are weak, remember the real thesis: Number Go Up. Stack sats, HODL on, Bitcoin if the apex money, central banking sucks, your still not bullish enough, and Bitcoin fixes this. In fact "Bitcoin fixes this" could be your title or concluding statement just for kicks. Then the Bitcoin council will officially induct you to be you one of us.

FIREATWlLL

I work in crypto. I speak to many people in industry and those who have amassed huge wealth through crypto. Not a single person has been able to tell me how ETH has provided genuine and sustainable utility. Corrupt nations with poor FX have been provided utility, and there are platforms/ecosystems that provide utility to these and meme coin gambling (analytics, DEXs, etc), but beyond that there is nothing yet. I'm not saying there won't be, but it hasn't happened. BTC could be a long term value store (if it eventually stops being so volatile and therefore mitigates risk of fear (during market shocks) sending it to near 0), ETH won't compete with BTC in this regard so has to be able to provide utility. Instead of just being aggro you could instead tell me why you think ETH have fundamental value, and maybe you'd shift my perspective. Otherwise you are just a gambler with an unfounded belief.

R4ID

> This is good point. XRP is made up liquidity. several billion in 24hr volume is "made up liquidity" lol >When a person is moving money he/she actually has the liquidity. No they dont because they arent offering the exchange nor volume. you just very loudly announced you dont understand the topic. > It doesn’t help at all to move it to made up currency between the transfer. when the currency has more volume, liquidity and lower fx rate. it does >If you transfer money from Singapore to Mozambique how does it help to convert to USD between? because USD has more volume and lower FX rate than the corridor for the singapore dollar/Mozambique metical.... do you understand how FX happens? apparently not.

Phylaras

People down vote anything that isn't positive news. It's quite possible that thing "recouple" from this point. $BTC is a sovereign currency devaluation hedge. We are not on the precipice of default. Watch FX markets for that -- the DXY would need to drop into the 80s for this to be a remote possibility.

No_Bandicoot2213

After a big win on a trade, many people withdraw to their bank account for security. Some use PayPal for easier access, though watch out for fees. Others keep a portion on exchanges for quick trading. How you spend it really depends on your goals whether it’s reinvesting or treating yourself. Just make sure to have a plan! For more tips, check out FX Leaders or ForexSignals.com!

FreakingFishFace

I’ve been trading for about six years, and I’ll back this up. Having a solid trading group makes a difference. I’m not in SilverBulls FX, but I know traders who use their signals as confirmation, and they’ve had good experiences. That said, no system is perfect. Always backtest before jumping in with real money.

GayCaterpillarlolol

Yeah, finding a good broker is a struggle. I wasted months hopping between platforms before I got my setup right. One thing that helped me was joining SilverBulls FX, they give out free trade signals and have a solid community that actually discusses broker reliability. Saved me a ton of time since I wasn’t just testing random ones. Plus, their learning materials helped me stop overtrading, which was half my problem in the first place.

RererevengeOfThaChee

Definitely possible! I trade Bitcoin after work too, but I usually look for swing trades rather than scalp, since there’s less time for fast action. SilverBulls FX has some strategies on using liquidity zones and price action that work even when you’re not glued to the screen all day. I found that balancing work and trading is all about finding your rhythm.

LexxM3

I personally agree with everything you’re saying. But … what does any of that have to do with BTC and, for that matter, any crypto. Neither BTC nor most crypto (scam or not) have anything related to GDP-level productivity (ie company stocks, physical commodities, etc.) and none (except stablecoins) are tied to any fiat of any particular country. Why does crypto (and in particular BTC) follow stock/commodities/fiat FX markets — that makes no sense at all. About the only thing that should be correlated to BTC is gold and other end-of-civilization-as-we-currently-know-it assets.

FreakingFishFace

It’s good that you’re thinking carefully before making the jump. Crypto has huge potential, but the volatility can wipe you out fast if you don’t have solid risk management. If forex isn’t working for you yet, I’d focus on refining your strategy first..maybe backtest more, stick to fewer pairs, or work on your psychology. One thing that helped me was using SilverBulls FX. It’s a free signal service that gives solid trade setups. Helped me avoid bad trades and spot better opportunities. Might be worth checking out before making a big switch.

magias

I don't know if anyone even clicked this link. They are not putting bitcoin in a FX currency reserve fund because of IMF rules. That is fundamentally not comparable to other types of reserves.

ProbablyMaybeWrong69

True but yen is the only currency that is actually stored. Like most citizens stack it in there bank. Swiss, Americans etc invest the cash. In the FX world MANY people are shorting jpy. So don’t underestimate the JApanese jpy

Latter_Produce5899

Inbox me for latest updates about trading. FX

Superb_Cup2701

https://1tg.top/7FX0LZ_dypqjl?i=copy $DOGE COIN MINING 🚀🚀🚀

AriesThef0x

Except form CNBC’s How markets are moving now tab. Could someone more financially literate than myself explain what it means when they say it’s getting more FX- like in action? > Bitcoin was last higher by more than 2% at $80,921.53, according to Coin Metrics. Overnight, it fell as low as $76,583.05, its lowest level since Nov. 10. “[Bitcoin] is a short term, liquid store of capital and an asset that can easily be temporarily liquidated to draw cash to cover collateral needs,” said James Davies, CEO at trading platform Crypto Valley Exchange. “Once other assets that are more impacted are liquidated, the bitcoin trade gets its liquidity back.” “It’s become a super cyclical asset — the first to drop with every bad news [event] as a convenient store of cash, but also the first to recover,” he added. “This further underlines why its use as a reserve is questionable but shows it’s getting more and more FX-like in its action, so adoption is spreading.  It would make sense to expect more volatility over the coming months as the world’s trade priorities change.

m-t-mind

I've created an advanced Deep Learning Artificial Intelligence model factoring in future quantum cryptographic mining rates for Bitcoin combined with Technical Analysis across FX markets and astrological alignments have calculated it's going to $69,420.

show_me_your_silly

What does the stock market bell have anything to do with cryptocurrency futures? Crypto markets are open 24/7, we trade bilaterally or through OTC if we can’t use exchanges. We don’t turn off our algorithmic systems and strategies over the weekend, that makes absolutely no sense. Do you think we have an “on/off” switch for our strategies? FX is open 24 hours, commodities are practically open 24 hours and Crypto 24/7. Who gives a flying fuck about the bell? Jim Cramer?

ImperPastorGrrrr

I just copy trades and I can short and long so doens´t matter. They are called SilverBulls FX btw in case you are interested. Profitable & Free

gowithflow192

haha. I like Cowen, he finds some interesting relationships. Most other crypto "analysts" are worse. But the stock analysts are WAY better than the crypto analysts. Check out: \- Click Capital \- FX Evolution \- MegaWhale Crypto (ok he's crypto but I like him because he actually says what his target prices are instead of just "risk levels" like Cowen).

Supercc

I bought most of my solana sub $10 after the FX crash so I'm Gucci my dudes.

tron1977

Visual FX… bitcoin was very popular in this industry early on.

AdjectivNoun

Its simplicity. Sure it’s rather complicated in how it’s implemented, with the miners, nodes, sha-256, etc. But what does it do for its users? It denotes ownership of a fraction that you can trade. It’s an immutable number in the cloud. It’s a pure global money that is so, so simple compared to the complicated stacked mess of the fiat legacy financial system. With fiat, you need loans to pay off loans. You need assets to keep ahead of inflation. You need to take risks in real estate and equities to maintain purchasing power. Central, unelected controllers tweak the supply and interest rates of money through incredibly complicated and obfuscated processes involving bonds, and mortgages, and FX markets, and bailouts, and QE, and QT, and yield curve control, and on and on and on with the layers and the smoke and mirrors. It so clearly demonstrates the corruption and inefficiencies of the systems we currently use, just by finding blocks every 10 minutes. It exposes lies and systems of control merely by keeping a simple promise of never inflating, never being restricted to a region, always operating. I believe in bitcoin because it’s good, simple money. People are catching on to what good money is. And it exposes just how bad, bloated and unfair fiat is.

420osrs

Right now Coinbase.  In a year or two? Believe it or not in-kind redemption.  There is a big push for you to be able to deposit btc and recieve btc etf shares. This isnt currently allowed at the moment for anyone but every etf applied for this.  When this is approved you can get shares and either sell the shares or get a margin loan against the shares as collateral for about 1% higher than the bond rate. FX my brokerage allows margin loans on ibit for 6%. I can get a loan on my ETF shares cheaper than I can get a car loan.  There are downsides where if btc drops a lot your brokerage will sell your shares to keep you in their margin ratios. You can get into a situation where they sell for you. Considering btc has had 90% drops before I never borrow more than 10%. 

CunningStunt_1

FX trading isn't the usecase i am referring too. I am referring to the use of SWIFT for crossborder payments. Messaging and currency conversation operate differently.

SirilowMamalowski

Most of the FX volumes that banks move are in future markets. For banks, the biggest problem is not how to move the money, but to reduce financial risk. How I see how the FX transfer relates to blockchain is: Large users go to banks to secure FX rates. Banks charge a fee higher than their risk management costs. Blockchain has the potential to reduce the middle man in that process, allowing each user to carry out their own risk management strategy, which if done well will save them money. For blockchain to attract more and larger users you need speed in the protocol and high market liquidity. I think XRP is doing particularly well in the liquidity issue. And this is only spot, we need better solutions for forwards. Appreciate the conversation :)