Monat: Dezember 2020

The data shows that large capitals continue to buy up the available supply of Bitcoin despite the short-term downward signals.

Bitcoin (BTC) experienced a further rejection of $24,000 during the night of December 24, but the data shows that the Bitcoin Superstar appetite for large purchases is only increasing.

As recorded by the CryptoQuant chain analysis resource, the institution-focused exchange, Coinbase Pro, only had large withdrawals of more than 12,000 BTCs ($278 million) each this week.

Coinbase’s withdrawals exceed $550 million
As reported by Cointelegraph, although unproven, the large individual exits suggest that a buyer has acquired a large amount of BTC and the proceeds are being moved into a single storage wallet.

Bitwise disposes of its XRP position in SEC suit against Ripple
„Another great departure from Coinbase a few hours ago,“ Ki Young Ju, CEO of CryptoQuant, said on Twitter.

„Institutional investors are buying $BTC.

Coinbase Pro Exchange exit flow chart. Source: CryptoQuant
Bitcoin’s dominance reaches an annual peak in the midst of massive XRP sales as its price slowly returns to $24,000
In November, the miners unlocked just under 28,000 BTC in block rewards, barely more than the sum total of the two Coinbase Pro transactions. This implied supply-side contraction is a central argument for continued upward price action.

Grayscale leads institutions competing to supply BTC
The underlying desire to absorb the $23,000 supply of Bitcoin contrasts with external factors influencing market sentiment, mainly around demand for Ripple in the US and the changing expectations about the Mt.Gox rehabilitation project.

Bearish alert for Bitcoin price: Mt Gox could release 140,000 BTC into the market for the first time
Concerns that the altcoin XRP associated with Ripple could become almost non-transferable through legal action seemed to cause considerable volatility in Bitcoin over the last 24 hours.

At the same time, the market is awaiting the distribution of funds to Mt. Gox’s creditors, who after a six-year hiatus may be interested in selling some or all of their BTCs at 2020 prices, creating additional selling pressure of $3.2 billion.

However, beyond these short term factors, it is clear that institutions are optimistic about Bitcoin as a whole, with new commitments emerging almost constantly.

Investment firm Grayscale now controls $16.4 billion in assets under management, adding $500 million in a single day, its latest data Wednesday confirmed.

Who flies high, falls low? According to Pierce Crosby, it’s not that simple.

After hitting a record high of over $ 24,000 , Bitcoin Hero is consolidating and has declined slightly. The coin may stagnate for the time being, but the outlook remains bullish, according to TradingView CEO Pierce Crosby.

„At the moment I see very short-term headwinds for Bitcoin,“ said Crosby. He added:

„Lately developments may seem parabolic, but there are no negative events in the short term that we expect. That means the price is still bullish.“

Bitcoin cracked its 2017 all-time high of $ 19,892 on December 1, 2020. It then fell more than $ 1,000 . After stabilizing, BTC embarked on another run, breaking the $ 20,000 mark and entering a pricing phase with levels never before reached.

Since its most recent surge above $ 24,000, the largest crypto asset has stagnated for the past few days after falling slightly

In the past, Bitcoin cool-downs have sometimes resulted in money flowing into the altcoins. That always meant gains for digital assets other than BTC. However, Crosby is uncertain about the altcoin scene.

„I’m less confident about altcoins, mainly because there is currently a transition to the majors,“ he said. „Majors“ are cryptocurrencies with a large market capitalization. „We could expect a transition back to altcoins in the spring. But unfortunately for ‚altcoin lovers‘, Bitcoin is on a stronger foundation by comparison.“

MassMutual and MicroStrategy are just two examples of large financial companies that have bought Bitcoin and invested large sums of money.

Ethereum está adormecido no curto prazo, e a dominância do Bitcoin também tem estado relativamente estável nos últimos dias. O mercado de altcoin estava esperando por uma quebra ou quebra. O Bitcoin Profit enfrentou forte resistência de $ 180, enquanto a EOS tentou fracamente superar o nível de resistência de $ 3, um movimento que sinalizaria uma força de baixa enfraquecida.

Aave tinha um fluxo constante de compradores, mas exibiu uma divergência de baixa que poderia causar uma queda no preço

O BSV está em tendência de alta desde o final de novembro. No entanto, o nível de resistência na região de $ 180 tem sido rígido. Há poucos dias, o preço formou um triângulo descendente (laranja) e estourou, mas os ursos não permitiram que o nível de $ 183 fosse invertido para suporte.

O MACD mostrou falta de ímpeto para o BSV, depois de ser negociado entre US $ 177 e US $ 187 nos últimos dias. Uma reviravolta na resistência ao suporte em $ 183 é necessária para que os touros tentem capturar o nível psicológico de $ 200 mais uma vez. Como muitos outros altcoins, a BSV também registrou baixo volume de negócios nos últimos dias.

A EOS continuou com o tema da redução do volume de negociação, pois parecia consolidar-se sob o nível de resistência de $ 3

O preço fechou fora do canal descendente. Embora isso indicasse uma reversão de alta, não houve pressão de compra para impulsionar o preço.

Um fechamento acima de $ 3 indicaria que a tendência de baixa das últimas semanas enfraqueceu. Assim que a dinâmica mudar, a EOS pode subir para $ 3,2, que foi a base do canal.

Aave mostrou uma divergência de baixa entre o preço e o momentum e viu uma queda de $ 94 para $ 88 nas últimas horas. A cotação também fechou abaixo do canal ascendente.

The National Bank of Kazakhstan is studying the possibility of introducing digital currency of the central bank (CBDC), the regulator said.

At this stage, experts are developing a report with different scenarios for the issue of CBDC in Kazakhstan. It is expected to be presented in the second half of 2021.

After discussion of the document, the CBDC is ready to launch a pilot project on phased implementation of the CBDC.

The National Bank is part of an international research group on digital currencies, along with 28 other central banks, the press service said.

It should be reminded that the proposal to create a national digital currency by Kazakhstan was voiced earlier.

In June, the President of Kazakhstan signed a bill „On amendments and additions to some legislative acts of the Republic of Kazakhstan on regulation of digital technologies. According to it, digital assets are recognized as property.

For more information on changes in the regulation of cryptographic currency in Kazakhstan, please read the ForkLog exclusive.

Another Ponzi scheme dismantled – America is no laughing matter with those who try to rip off their fellow citizens. They even go looking for those responsible far from the American borders. This time, it was as far as Panama that the US justice struck, by extraditing one of the main persons responsible for the Bitcoin Compass crypto-scam.

Tens of millions of dollars embezzled

Unfortunately, pyramid scam schemes abound in the cryptosphere, which is teeming with inexperienced investors. In a recent press release, the Department of Justice of the Southern District of New York just announced he has done extradite the co-founder of one of these Ponzis .

Gutemberg Dos Santos , who has dual Brazilian and American nationality, was first arrested in Panama , before being returned to the United States .

With 5 other people, he is accused of having set up a fake company proposing to invest in the mining and trading of cryptomonnaies :

“Gutemberg Dos Santos played a key role in an investment scam of international scope that promised extraordinary rates of return on phantom cryptocurrency investments, defrauding victims of tens of millions of dollars. “

A subscription scam

Investors, victims of Dos Santos and his accomplices, were encouraged to invest in AirBit Club on the basis of the promise of „guaranteed“ profits in exchange for cash investments in the different levels of club memberships .

Since 2015 , they have encouraged more and more members to join their fake club, thanks to multilevel marketing (MLM) which rewarded members for recruiting new people.

In fact, the money collected from AirBit Club members was used by Dos Santos and his accomplices to afford „luxury cars, jewelry and houses“ and to finance lavish conferences to promote the club, to attract more victims in their net.

The defendants also worked to launder the theft from their system, through several domestic and foreign bank accounts . The judicial authorities estimate that at least 20 million dollars have been laundered.

Dos Santos will face 3 charges , for electronic fraud , money laundering and conspiracy to bank fraud . He faces up to 20 years in prison for each of the first 2 charges and 30 years in prison for the third.

Le bitcoin a atteint lundi un nouveau sommet historique de 19 864 dollars, prolongeant sa hausse annuelle jusqu’à un étonnant 170 % en 2020, une année qui a vu des fluctuations tumultueuses sur les marchés mondiaux.

Voici cinq raisons pour lesquelles la plus ancienne et la plus grande cryptocarte a atteint de nouveaux sommets.

Intérêt institutionnel

Certains investisseurs institutionnels prennent des risques sur les bitcoins (BTC, +6,89%), comme par exemple en achetant le Grayscale Bitcoin Trust (GBTC), une société cotée en bourse, selon un rapport du 20 novembre des analystes de JPMorgan Chase. (Note : Grayscale est une unité de Digital Currency Group, qui possède CoinDesk.) Guggenheim, un gestionnaire de fonds qui supervise 233 milliards de dollars pour les investisseurs, a déclaré dans des documents réglementaires que son fonds de macro opportunités pourrait allouer jusqu’à 10% des actifs nets au GBTC, a rapporté CoinDesk le 28 novembre. De plus, le nombre de contrats à terme sur le bitcoin code est en hausse sur le Chicago Mercantile Exchange, ce qui est considéré comme un autre signe que les grands investisseurs utilisent les marchés des matières premières pour spéculer sur le prix de la cryptocouronne, selon le rapport de JPMorgan.

Les gestionnaires de fonds spéculatifs ont une vision à long terme

Les gestionnaires de fonds spéculatifs bien connus appellent de plus en plus les bitcoins un investissement à long terme. Des gestionnaires légendaires, dont Paul Tudor Jones II et Stanley Druckenmiller, ont récemment déclaré que le prix de la cryptocouronne, telle qu’elle est libellée en dollars américains, pourrait augmenter à mesure que la Réserve fédérale imprimera de l’argent pour aider à financer les projets de loi de relance d’urgence du gouvernement liés au coronavirus. La banque centrale a jusqu’à présent créé plus de 3 000 milliards de dollars d’argent frais en 2020, soit plus des trois quarts du montant total créé au cours de ses 107 années d’existence.

Les analystes sont positifs

Les analystes de Wall Street ont fait des commentaires positifs ces derniers jours. AllianceBernstein, un gestionnaire de fonds de 631 milliards de dollars, a publié un rapport disant que l’environnement économique post-pandémique pourrait créer un rôle pour bitcoin dans l’allocation des actifs des investisseurs, a rapporté CoinDesk lundi. Inigo Fraser Jenkins, co-responsable de l’équipe de stratégie de portefeuille chez Bernstein Research, a écrit que lorsqu’il s’agit de jouer un rôle dans la couverture contre l’inflation, „le moteur des bitcoins est similaire à celui de l’or“.

L’effet PayPal

PayPal (PYPL) permet aux clients – quelque 346 millions de comptes actifs – d’acheter des bitcoins. Le réseau de paiement de personne à personne a annoncé le 21 octobre qu’il permettrait aux clients d’acheter, de vendre et de conserver des bitcoins. Selon l’entreprise, la cryptocarte deviendra une „source de financement pour les achats chez ses 26 millions de commerçants dans le monde“.

Ok sur OKEx

La semaine dernière, le marché du bitcoin a surmonté une source majeure d’inquiétude : les sorties de bitcoin de l’une des plus grandes bourses de cryptocourrier du monde, OKEx. Certains traders et analystes avaient spéculé que la fin d’une suspension de cinq semaines des retraits pourrait se traduire par des liquidations qui pourraient mettre la pression de vente sur le marché du bitcoin. Des données extraites du réseau de la chaîne de blocs sous-jacente de la cryptocouronne ont montré que quelque 24 631 bitcoins, d’une valeur de 500 millions de dollars aux prix actuels, ont été retirés de la bourse dans les 24 heures suivant la levée de la suspension la semaine dernière.

Mais l’évolution du prix du bitcoin montre que le marché a ignoré la nouvelle, ainsi que d’autres développements négatifs, tels que des rumeurs selon lesquelles le département du Trésor américain pourrait envisager une réglementation onéreuse sur les cryptocurrences. Les traders semblent également avoir ignoré les données montrant que certains gros négociants de bitcoin – connus sous le nom de „baleines“ – pourraient se préparer à se débarrasser de leurs avoirs en réponse à la hausse des prix des cryptocurrences.