Mentre è probabile che ci si aspetti una qualche correzione dei prezzi a breve termine, gli analisti che hanno parlato con CoinDesk hanno detto che l’ultimo rally di bitcoin sarà più sostenibile a lungo termine rispetto al 2017, l’ultima volta che il prezzo di bitcoin ha raggiunto il massimo storico.

Una differenza rispetto all’ultima corsa dei tori? Il mercato attuale ha ottenuto il sostegno di una nuova ondata di investitori istituzionali con sede principalmente in Nord America.

„Si potrebbe guardare la tempistica del rally, che ha coinciso con il tipico orario di apertura del mercato statunitense“, ha detto John Todaro, direttore della ricerca istituzionale presso la società di analisi di criptovalute TradeBlock. Ha aggiunto che i volumi a LMAX Digital, che si rivolge principalmente ai trader istituzionali, sono anche più alti.

Il prezzo di Bitcoin ha superato il suo precedente massimo di tutti i tempi lunedì scorso, secondo il BPI di CoinDesk, stabilendo un nuovo record a 19.850,11 dollari.

„Durante le vacanze del Ringraziamento, le preoccupazioni normative, che sono state delineate dal CEO di Coinbase Brian Armstrong in una serie di tweet, hanno causato la correzione dell’asset, scendendo a circa $16.500 – in un periodo in cui un gran numero di investitori e trader istituzionali statunitensi non stavano operando attivamente“, ha detto Todaro. „Oggi, lunedì mattina, si è avuto un grande ritorno di trader istituzionali che hanno fatto un’offerta per l’asset, comprando il calo“.

Per essere sicuri, non tutti i dati per la più antica moneta criptata del mondo sono rialzisti per il breve termine. Secondo il fornitore di dati CryptoQuant, l’afflusso di Bitcoin negli scambi ha superato i flussi in uscita dopo il sell-off del Giorno del Ringraziamento.

Questa metrica a catena potrebbe indicare un trend ribassista a breve termine, riportando il bitcoin (BTC, +6,20%) a un livello di circa $16.000, ha detto Ki Yong Ju, amministratore delegato di CryptoQuant. Questo perché significa che i grandi acquirenti di bitcoin, o balene, sembrano essere attivi nelle borse, aggiungendo una maggiore pressione di vendita.

Tuttavia, l’attività è un altro segno che questo mercato non è più quello di tre anni fa. Dopo aver raggiunto il suo precedente record nel dicembre 2017, il prezzo del bitcoin è sceso rapidamente a 5.947,40 dollari in soli due mesi. All’epoca, il mercato attribuiva ampiamente il rally del bitcoin ad un aumento degli investitori attivi al dettaglio.

Chi sta acquistando

Fino a poco tempo fa, il termine „investitori istituzionali“ nel mondo dei crittografi significava un assortimento di imprese di crittografia, minatori di bitcoin e primi investitori. La composizione dei partecipanti al mercato è gradualmente cambiata quest’anno per includere un nuovo gruppo considerato investitori istituzionali dal mondo finanziario tradizionale, secondo Denis Vinokourov, responsabile della ricerca del digital asset prime broker Bequant.

I continui afflussi di capitali nel Grayscale Bitcoin Trust e in altri emittenti di prodotti scambiati in borsa (ETP), tra cui 21Shares e CoinShares, sono la prova che le istituzioni dei mercati finanziari tradizionali stanno versando denaro in bitcoin, ha detto Vinokourov.

A lot has happened in the Decentralized Finance (DeFi) sector again this week. From flash loan attacks, hacks to the manipulation of price oracles, everything was there.

After seeing huge gains last week, the Bitcoin Evolution sector is now having to take it. The DeFi tokens Aave (AAVE), Synthetix Netowrk (SNX), YearnFinance (YFI) all crashed by more than 13 percent and even the UNI token from Uniswap corrected by 10 percent.

The „ETF-Token“ DeFi Pulse Index, which is a good indicator for the general development of DeFi token prices, also lost more than 15 percent.

Tokensets: DPI Course

Still, the total capital deposited in the decentralized finance sector saw only a slight decrease from $ 13.54 billion to $ 12.6 billion. This development suggests that the majority of investors are still convinced of the potential of the DeFi sector. It seems that investors are not putting too much pressure on them and are still actively using DeFi protocols.

Hackers attack the DeFi platform Pickle

Another day, another DeFi hack. Pickle went haywire this week, and the log lost more than $ 20 million . The team does not want to announce how this happened so far. In addition, the 20 million DAI tokens are still unaffected on the addressof the hacker. It is also currently unclear. whether the security problem could be resolved. Since the hack was announced, Pickle has suffered a 36 percent decline in share price.

Flash loan attack on price oracle

Cheese Bank, another Ethereum DeFi project, fell victim to a flash loan attack on Monday. Flash loans are loans in which a user borrows money without having to provide security. This makes it possible to exert leverage without risking your own capital. There is only one condition – users have to repay the Flash Loan in their loan within the same transaction.

With a flash loan, the attacker was able to manipulate the price oracle of Cheesebank by creating an arbitrage situation through which he was able to loot a total of 3.3 million US dollars. A discussion broke out in the crypto community. Many criticized that this vulnerability could have been avoided if Cheesebank had used a decentralized rate oracle. After all, decentralized price oracles like Chainlink’s are not as easy to manipulate as centralized price oracles.

Cypherpunk Holdings se convierte en el noveno mayor poseedor público de Bitcoin

El holding canadiense se deshizo de XMR y ETH para financiar su adquisición.

Cypherpunk Holdings (CSE:HODL), una compañía de inversiones canadiense centrada en la privacidad, ha aumentado su participación en Bitcoin (BTC).

La compañía reveló el jueves que ha añadido 72.979 BTC a sus reservas desde el 30 de junio de 2020.

Cypherpunk financió la adquisición mediante la liquidación de sus participaciones en Monero (XMR) y Ethereum (ETH), así como a través de los ingresos parciales de Bitcoin System una colocación privada de 505.000 dólares canadienses, o 388.000 dólares estadounidenses, cerrada el 27 de agosto.

Con la compra, Cypherpunk tiene ahora 276.479 BTC en sus reservas, convirtiéndose en el noveno mayor poseedor público de Bitcoin. A los valores actuales, la participación de Cypherpunk en BTC vale poco menos de 4,8 millones de dólares.

En el momento de escribir este artículo, al menos 14 empresas que cotizan en bolsa tienen Bitcoin en sus libros. Combinadas, sus participaciones ascienden a 66.896,59 BTC, o 1.200 millones de dólares. Eso equivale a aproximadamente el 3,2% del suministro circulante de Bitcoin.

La empresa también invierte en Hydro66

Cypherpunk Holdings, que cotiza en la Bolsa de Valores de Canadá, tiene varios negocios centrados en la privacidad en sus libros, incluyendo Wasabi Wallet y Samourai Wallet. La empresa también invierte en Hydro66, una plataforma de infraestructura de nubes verdes, y en el protocolo de contrato inteligente Chia Network.

La empresa está dirigida por Antanas Guoga, o Tony G, un empresario, político y ex jugador de póquer profesional lituano. Actualmente es miembro electo del Seimas, el poder legislativo del gobierno lituano. Anteriormente, fue miembro del Parlamento Europeo por Lituania.

Parece que cada vez más empresas públicas están convirtiendo sus depósitos de efectivo en Bitcoin como un depósito de valor más adecuado. MicroStrategy, que ha convertido la mayor parte de sus tenencias de efectivo en Bitcoin, es el ejemplo más destacado de esta tendencia. La compañía ahora tiene 38.250 BTC después de casi doblar sus tenencias durante el verano.

Galaxy Digital es el segundo mayor poseedor público de Bitcoin con 16.402 BTC, seguido de Square con 4.709 BTC.

O CEO da Visa está otimista de que mais moedas digitais estarão operando na rede Visa no futuro.

O CEO da Visa, Alfred Kelly, disse que vê um grande potencial nas criptomoedas

Os ativos digitais serão muito úteis em países com grande número de pessoas sem banco, acrescentou.

No entanto, pode levar vários anos antes que a Visa adote totalmente a tecnologia nascente.

Alfred Kelly, CEO da gigante de pagamentos Visa, disse que sua empresa vê um grande potencial em moedas digitais nos próximos anos, especialmente em mercados em desenvolvimento com um número significativo de pessoas sem banco, de acordo com o relatório da CNBC publicado na sexta-feira.

“A criptografia é uma parte em desenvolvimento dos pagamentos no mundo”, disse Kelly, acrescentando: “No final das contas, poderíamos ver moedas digitais rodando na rede Visa de forma mais regular”, embora “daqui a alguns anos”.

A empresa adquiriu recentemente a Plaid, uma empresa que ajuda 11.000 instituições financeiras nos Estados Unidos e 2.700 desenvolvedores de fintech a trocar dados

“Somos uma rede e cada vez mais tentamos nos tornar uma rede de redes”, observou Kelly, explicando: “Plaid é apenas em seu nível mais simples outra rede que acreditamos se encaixa no desejo de ter várias redes nas quais movemos informações e dinheiro em todo o mundo. ”

O CEO da Visa acrescentou que uma das maiores vantagens da criptografia reside nos 1,7 bilhão de pessoas sem banco em todo o mundo que não têm acesso às contas tradicionais.

“Há 1,7 bilhão de pessoas na face da Terra que acreditamos não estarem bancadas em um sistema bancário convencional em qualquer país em que vivam, incluindo alguns aqui nos Estados Unidos”, observou Kelly, acrescentando: “Certamente estamos abertos a qualquer veículo que ajuda a facilitar a movimentação de dinheiro em todo o mundo. Queremos estar no meio disso. ”

In recent weeks, the Bitcoin course has been able to build up enormous momentum.

This week, BTC reached highs of over 18,000 USD. From the annual high, which is at $18,393, it is just about 10% that is missing until the all-time high. Thus inevitably also the question arises, where the journey of the Bitcoin course in the next months goes and whether a Bitcoin price of 100,000 dollar would be realistic in the near future?
Evaluation of the Bitcoin course on classical principles?

Both in the crypto, and the financial world a debate over the fundamental evaluation of Bitcoin prevails for years. While there are proven valuation methods for asset classes such as shares or bonds, the valuation of crypto currencies but also precious metals is somewhat more difficult.

With shares for example enterprise values, balance sheets and cash flows can be used as basis, in order to approximate the future, expected cash flows in the best possible way and to create thus a valuation basis.

With commodities, such as precious metals, the approach is based much more on their benefits and the principle of industrial demand and supply.
Approaches for the value of the crypto currency

With Bitcoin, on the other hand, it is not trivial to use basics for evaluation. Possible approaches to this are:

Innovative strength and first-mover advantage of a network: Bitcoin is the first hard and decentralized digital money. Already here, value is created by the size of the network.
Scarcity: The currency BTC is a scarce and limited in number, combining properties such as durability, accessability, divisibility and above all censorship resistance.
Bitcoin fulfills the important characteristics of the Store of Values for private investors – and meanwhile also many institutional investors and stock companies.

Thus, it can be argued that Bitcoin has already passed the phase of „collecting“ in evolution, because the good itself is scarce, and is used as a store of value. Thus we are now in the „investment phase“, which has been accelerated by various exogenous factors:

Examples of these are the effects of Covid-19 and the central banks‘ money supply increase.

As a result, the crypto currency has been repeatedly referred to in the media this year as a store of value and digital gold.
Bitcoin exchange rate explosion due to high demand

Now there are different scientific studies, which deal with the question of the perfect allocation of Bitcoin in the Portfolio.

Here there are different approaches depending upon risk aversity of the investor. Fidelity for example recommends an allocation of approximately 5% of the Portfolio in Bitcoin.

Now one can look for example on the fortune of the US households. Here we see total assets of USD 112 trillion, with USD 78 trillion alone falling to the richest 10%.

Since wealthy households and investors in particular are engaged in intelligent money management, it is likely that they will invest part of their assets in BTC. If one assumes here only 2% of the assets as demand site, one already comes to 1.5 trillion dollars on the demand side.

Considering the current market capitalization of about 330 billion dollars, this would be a further increase by a factor of about 4, so the Bitcoin price would be about 90,000 – 100,000 dollars.

Furthermore, this scenario only considers the richest 10% of US households. If one would apply a similar consideration to the global wealth and add the demand from institutional investors and hedge funds, the demand site would probably be even higher.

So would the Bitcoin exchange rate reach a value of $100,000 already next year? – Difficult to say. Is it realistic and likely that Bitcoin will reach this price in the next 5-10 years? – Yes, definitely.

Buy Bitcoin already now with PayPal

The award-winning eToro trading platform lets you buy Bitcoin with PayPal. You also have direct access to other crypto currencies as well as stocks, commodities and other financial products.

Sign up with eToro today and put the platform through its paces in the demo version. Buying via PayPal means that you won’t be able to send BTC to your own wallet for 180 days. This is especially interesting for investors who don’t want to deal with an own wallet. After only 10 minutes you can make your first Bitcoin purchase.

Faced with US presidential elections that drag on and crystallize all tensions, the crypto community is calling for the development of a blockchain-based voting system.

Blockchain voting to clean up the next American elections?

The United States is in the midst of a political crisis, as the results of the presidential elections are slow to be known. Donald Trump has embarked on a legal battle to try to suspend the counting of votes. He also asks that they be counted again.

Several figures in the blockchain community have therefore raised the idea of an extended blockchain vote for the next large-scale elections in the United States. In particular, they would make it possible to count the votes automatically, and to avoid suspicion of fraud. Binance CEO Changpeng Zhao thus urged the community to build a reliable blockchain-based voting system, in order to propose it for the following US elections:

“If there is a blockchain voting mobile app (with efficient KYC of course), we won’t have to wait for results , or question their validity. The privacy [of voters] can be protected using several encryption mechanisms. “

Equal to himself, CZ doesn’t bother with caution. He estimates that if a company chooses to develop something now and get government approval, it will have “ Over 300 million users in 4 years . “ And to add that any competent developer should be happy to develop this app for free …

A particularly complex task in reality

A vision shared by Vitalik Buterin , who however explained that developing an app of this type would represent a particularly hard challenge :

“The technical difficulties associated with the development of an encrypted and secure voting system are significant (and often underestimated). But in my opinion, this is 100% the direction to take . “

The creator of Ethereum also recalls the limitations of postal voting, citing a statistic: the US postal services have failed to deliver 27% of votes remotely . It would appear, however, that this figure is misleading .

Still, the US presidential elections turned into an imbroglio that could undoubtedly have been simplified by using other forms of voting. However, we must be careful . In Russia, blockchain voting has already been tested in Moscow, and it will be extended for the next legislative elections . But already, it has shown its limits: the site used had been attacked and sensitive voter data ended up for sale on the Darknet .

If there is a blockchain solution, it will therefore require a considerable phase of testing to ensure that it is suitable for a large-scale vote such as the American elections. Gradually, however, the idea gained ground. This summer, we learned that India was also considering blockchain voting .

Bitcoin-Preis fällt abrupt um 3 %, nachdem der Abfluss von Bergleuten ein 5-Monats-Hoch erreicht hat

Der Preis von Bitcoin fiel um 3%, da die Daten aus der On-Chain-Kette zeigen, dass die Bergarbeiter wieder beginnen, BTC an der Börse zu verkaufen.

Der Preis von Bitcoin (BTC) fiel von 10.580 $ auf bis zu 10.258 $ auf Coinbase am 13. September. Der Rückgang um 3 % innerhalb von neun Stunden folgt auf Daten, die auf einen potenziellen Ausverkauf der Minenarbeiter laut Bitcoin Profit hindeuten.

Bergleute üben weiterhin hohen Verkaufsdruck auf Bitcoin aus

In der vergangenen Woche haben Analysten der On-Chain-Kette gesagt, dass die Bergarbeiter relativ größere Mengen an BTC verkauft haben.

Bergarbeiter sind neben den Börsen eine der beiden unübertroffenen Quellen des Verkaufsdrucks auf dem Kryptowährungsmarkt. Folglich kann sich ein immenser Verkaufsdruck aufbauen, wenn Bergleute ihre abgebauten BTC-Mengen verlagern.

Cointelegraph berichtete am 3. September über den Transfer von BTC-Geldern aus großen Bergbau-Pools. Ki Young-Ju, der CEO der Analysefirma, sagte:

„Wie ich weiß, sind sich einige chinesische Bergleute bereits ihrer Bergbau-Rentabilität (Kapitalrendite) bewusst, und sie wollen vielleicht nicht, dass aufgrund der Hausse neue Bergbau-Konkurrenten in die Branche eintreten.

Währenddessen erreichte laut Glassnode eine Kennzahl, die den Kapitalzufluss von Bergleuten an die Börsen zeigt, gerade ein Fünfmonatshoch. Der vorherige Höchststand wurde Mitte August erreicht, als der BTC-Preis sein 2020-Hoch von über 12.000 $ erreichte, worauf unmittelbar eine Korrektur in Richtung 10.000 $ folgte.

Bitcoin-Minenarbeiter zum Börsenfluss

Regelmäßige Ausverkäufe ermöglichen es den Bergarbeitern, die Kosten für die Unterhaltung großer Bergbauzentren zu decken. sagte Glassnode:

„Bitcoin $BTC Miners to Exchange Flow (1d MA) erreichte gerade ein 5-Monats-Hoch von 50.351 BTC. Das vorherige 5-Monats-Hoch von 44.479 BTC wurde am 14. August 2020 beobachtet.

Sollte sich die BTC rasch von den von den Bergarbeitern angeführten Rückzügen erholen, würde dies auf eine ausreichende Nachfrage von Kleinanlegern an den Börsen hindeuten. Wenn der BTC-Preis jedoch weiter fällt, würde dies darauf hindeuten, dass es nicht genügend Nachfrage gibt, um den Verkaufsdruck aufzufangen.

Was Händler kurzfristig über BTC sagen

Kurzfristig sind die Händler im Allgemeinen vorsichtig optimistisch, trotz der Ablehnung von BTC im Bereich von 10.500 $.

Händler sagen, dass es unwahrscheinlich ist, dass ein solch bedeutendes Widerstandsniveau beim ersten Versuch durchbrochen wird. Eine geringfügige Ablehnung des Widerstandes war angesichts seiner historischen Bedeutung ebenfalls wahrscheinlich.

Ein pseudonymisierter Händler, der als „Byzantinischer General“ bekannt ist, sagte, dass die Auflösung von Short-Kontrakten nach dem anfänglichen Anstieg auf $10.500 getroffen wurde. Kurzfristig, so erklärte der Händler, rechne er mit einem Wiederanstieg oder einem geringfügigen Rückgang auf 10.100 Dollar:

„Wie üblich ist die Liquidität dort, wo sie sich befindet. Liquide Mittel werden genommen, Preisdumping. Wir haben gerade wieder einige Liqus genommen. Ich kann mir vorstellen, dass es von hier aus wieder aufwärts geht, sonst würde es vielleicht noch ein bisschen weiter auf 10100 sinken.

Das Preisdiagramm der BTC mit den Liquidationsniveaus

Scott Melker, ein weiterer populärer Kryptowährungshändler, sagte, dass die $10.500-Region ein großer Widerstand für Bitcoin sei.

In Anbetracht der Bedeutung des Widerstandsniveaus sagte der Händler, es sei unwahrscheinlich, dass dies zu einem größeren Rückzug führen werde. sagte Melker:

„Erwarten Sie nicht, dass ein größerer Widerstand bereits beim ersten Test gebrochen wird. Erwarten Sie auch nicht, dass die erste Ablehnung zu einem epischen Dump führt“.

Unterdessen wies der Händler Michael van de Poppe in seiner jüngsten technischen Analyse des Bitcoin-Preises auch auf dieses Niveau als eine wichtige Barriere hin, die kurzfristig durchbrochen werden könnte. Damit sich der Aufwärtstrend jedoch fortsetzt, müssen frühere Widerstandsniveaus getestet und als neue Unterstützung bestätigt werden, bevor sie sich nach oben bewegen, erklärt er.

„Wenn der Preis von Bitcoin das Niveau von 10.450 $ durchbricht, liegt der potenzielle und entscheidende Pivot zwischen 10.900-11.000 $“, fügt Van de Poppe hinzu.

Andrew Bailey – prezes brytyjskiego Banku Centralnego (BCF) – najwyraźniej nie jest fanem bitcoinów .

Andrew Bailey: BTC nie ma połączenia z pieniędzmi

Podczas niedawnego seminarium internetowego zorganizowanego przez instytucję finansową Bailey poświęcił czas na wyjaśnienie bitcoinów, stabilnych walut i walut cyfrowych banku centralnego (CBDC). Chociaż był stosunkowo pozytywnie nastawiony do dwóch ostatnich podmiotów, bitcoin wydawał się źle go traktować, a on nie był zbyt pochlebny dla cyfrowej waluty numer jeden na świecie pod względem kapitalizacji rynkowej.

Podczas seminarium internetowego Bitcoin Revolution wyjaśnił swoje przemyślenia na temat zasobu cyfrowego:

Zacznę od aktywów kryptograficznych, takich jak bitcoin, które pojawiły się w ciągu ostatnich dziesięciu lat. Nie mają żadnego związku z pieniędzmi. Ich wartość może się znacznie zmieniać i nie jest to zaskakujące. Wydaje mi się, że zasadniczo nie pasują do świata płatności, w którym liczy się pewność wartości.

Do pewnego stopnia musimy zrozumieć drobną prawdę w słowach Baileya. Skomentował, że bitcoin i kryptowaluty, takie jak BTC, mają tendencję do wahań i w tej kwestii ma z pewnością rację. W końcu bitcoin właśnie zakończył poprzedni tydzień na poziomie około 12 000 USD, podczas gdy dziś kosztuje prawie 2000 USD mniej, czyli około 10 200 USD.

Jednak w tym momencie błędne jest twierdzenie, że bitcoin nie ma związku z pieniędzmi. Istnieją pewne punkty sprzedaży detalicznej – takie jak Overstock.com – które akceptują to jako formę płatności. Ponadto aktywa wykazały różne korelacje ze złotem, akcjami , a nawet dolarem amerykańskim, więc powiedzenie, że nie ma on związku z pieniędzmi, jest trochę po stronie ignorantów.

Pomimo swojej urazy i odrzucenia bitcoina, Bailey wyraził pewien poziom zaufania do stabilnych walut, twierdząc, że są one prawdopodobnie przyszłością pieniądza. Stwierdził, że kiedy już wszystkie swoje dziwactwa zostaną rozwiązane, mogą potencjalnie wiele zrobić dla ludzi i dla przestrzeni finansowej. Wśród ich potencjalnych korzyści byłoby obniżenie kosztów płatności i zwiększenie szybkości płatności. Powiedział również, że widział je razem z CBDC, które, jak jest przekonany, wyda każdy bank w najbliższej przyszłości.

To wszystko brzmi bardzo znajomo

Słowa Bailey’a są echem słów miliardera i dyrektora generalnego Berkshire Hathaway, Warrena Buffetta, który pomimo wszystkich swoich sukcesów finansowych na przestrzeni lat nadal nie dba o bitcoin. W wywiadzie w 2019 roku skomentował, że bitcoin ostatecznie nie miał żadnej wartości, ponieważ nie była to inwestycja, która do niczego doprowadziła. Po prostu „siedział tam”. Porównał również walutę do guzika na swojej koszuli i powiedział, że jedynym sposobem na jej sprzedaż jest zrobienie tego z osobą, która jest gotowa zapłacić za nią więcej, niż miał pierwotny nabywca.

Jednak dyrektor generalny JPMorgan, Jamie Dimon, również był krytyczny wobec bitcoina, zanim później zdecydował się pójść w ślady waluty i wypuścić JPM Coin , cyfrowy zasób charakterystyczny dla jego własnej sieci banków.