Val som sålde Bitcoin före 2020 kraschade ut 156 miljoner dollar före veckans 20-procentiga dopp

En seriell säljare med mycket BTC till sitt namn valde att avyttra sig av en stor bit Bitcoin strax före måndagens krasch till 47 400 dollar.

Bitcoin ( BTC ) förlorade 20% på en dag, delvis tack vare en enda val, enligt ny forskning.

Data från kedjeanalysföretaget Santiment den 23 februari visade att BTC / USD sjönk till $ 47 400 efter Bitcoins näst största transaktion 2021.

Ghost of Bitcoin säljer tidigare avkastning

Transaktionen, 2700 BTC till ett värde av 156,6 miljoner dollar till 58 000 dollar per token, resulterade i en försäljning som pressade marknaden, detta snöboll i det största en timmes ljuset i Bitcoins historia.

„Som vi noterade igår fanns det en 11x börsinflöde som steg # Bitcoins priskorrigering från dess $ 58,3 000 #ATH“, skrev Santiment i bifogade kommentarer på Twitter.

„Ytterligare datakamning avslöjade att en adress var ansvarig för årets näst största $ BTC-transaktion, en import av 2700 tokens till plånboken innan en snabb försäljning.“

Resultaten belyser vad som exakt hände när volatiliteten tog över för Bitcoin, som lyckades återhämta sig till $ 54 000 innan det handlades under $ 50 000 en gång till i skrivande stund.

Vissa tror att marknaden var överutvidgad, särskilt naysayers som hävdade att en bubbelliknande process länge hade pågått. Andra hävdade att det helt enkelt var „affär som vanligt“ för kryptohandel, men som Cointelegraph rapporterade hade farhågor ökat om ovanligt inflöde till börser.

Santiment noterade att samma adress också hade sålts omedelbart före priset kraschar över tillgångar i mars 2020. Vid den tiden förlorade Bitcoin nästan 60% av sitt värde och nådde 3 600 dollar.

„Samma adress gjorde också en 2.000 $ BTC-import i mars förra gången som Black Thursday-korrigeringen ägde rum“, avslöjade det.

„Totalt har det gjort 73 transaktioner under ett års existens, för totalt 91 935 $ BTC importerat, med alla polletter flyttade bort inom några minuter efter ankomst.“

Valar i rampljuset

Misstanke hade länge sett ögon på valar, som hade dragit nytta av små plånböcker som sålde under tidigare prisnedgångar under Bitcoins senaste bull run. Som Cointelegraph rapporterade hade antalet plånböcker i valstorlek ökat, medan småbrukarna hade minskat.

“Det mest intressanta sida vid sida berättar hur Bitcoin-investerarprofilens framsteg -“ valar „minskade när priset höjdes under den senaste cykeln; en ny grupp av valar dyker bara upp den här gången, medan räkor är de svaga händerna som sålde för tidigt. ”Primitiv grundare Dovey Wan twittrade förra veckan tillsammans med ett diagram som jämför tjurkörningarna 2017 och 2021.

”THE GREAT WEALTH TRANSFER”, tillade hon.

Vissa svar på forskningen noterade under tiden att plånboken i fråga hade varit ansvarig för en bråkdel av den totala handelsvolymen och att dess inflytande därför borde vara begränsat.

Górnicy Ethereum zarobili 3,5 miliona dolarów

Górnicy Ethereum zarobili 3,5 miliona dolarów w ciągu zaledwie jednej godziny

Gwałtownie rosnąca cena Ethereum to dobra wiadomość dla górników kryptowalut, ale zła dla osób pobierających opłaty.

  • Przychody z wydobycia Ethereum na godzinę właśnie osiągnęły rekordowy poziom.
  • To dlatego, że cena Ethereum również osiągnęła nowy rekord wszech czasów.
  • Oznacza to jednak, że robienie interesów na blockchainie Ethereum jest teraz bardzo drogie.

Górnicy Ethereum BitQT zarobili dziś 3,5 miliona dolarów w ciągu jednej godziny, co stanowi nowy rekord, według danych z witryny Glassnode zajmującej się analizą metryki.

Dane z Glassnode, opublikowane dzisiaj, pokazały, że przychody górników ETH poszybowały dzisiaj w górę, podobnie jak cena Ethereum, która osiągnęła szczyt 1 756 dolarów, najwyższą cenę w historii.

Górnicy #Ethereum zarobili $3,5M (!) w ciągu jednej godziny – najwyższy godzinny przychód do tej pory.

Chart 👉 https://t.co/MYE72aEpgU pic.twitter.com/HHdWnMaEtK

– glassnode (@glassnode) 5 lutego 2021 r.

Ten rekord pomógł górnikom Ethereum wycisnąć najbardziej lukratywną godzinę do tej pory.

Górnicy Ethereum, tak naprawdę po prostu bardzo potężne komputery, zarabiają pieniądze, uruchamiając oprogramowanie, które rozwiązuje skomplikowane zagadki matematyczne w celu weryfikacji transakcji na blockchainie Ethereum.

Blockchain Ethereum nagradza górników za to w nowo wyemitowanym Ethereum. Uwaga: nie jest to równoznaczne z 3,5 mln dolarów zysku na godzinę, ponieważ od przychodów należy odjąć opłaty za energię elektryczną potrzebną do uruchomienia i chłodzenia górników, a także koszty samych górników.

Mimo to, jest to świetna wiadomość dla górników i dowód na to, że wydobycie blockchain jest jednym ze sposobów na zarobienie cholernie dużych pieniędzy. Wczoraj, ostatniego dnia, dla którego Glassnode pokazuje dane, górnicy Ethereum na świecie wygenerowali 53 miliony dolarów przychodu.

  • ETH
  • +23.94%$1,700.34
  • 24H7D1M1YMAX
  • Cena ETH

To około 10 milionów dolarów więcej niż górnicy Bitcoina zarobili wczoraj, zgodnie z danymi Glassnode.

Ale nie wszystkie dni są tak lukratywne

1 lutego górnicy Bitcoina zarobili zaledwie 29 milionów dolarów. A 13 stycznia górnicy Ethereum zarobili około 20 milionów dolarów.

Ponieważ Ethereum jest zdecentralizowane, użytkownicy muszą płacić wysokie opłaty. Nie są one tanie i często wzrastają, gdy na blockchainie jest dużo aktywności. Wczoraj użytkownicy Ethereum musieli zapłacić średnio 23 dolary za transakcję, według danych BitInfoCharts. To samo dotyczy Bitcoina: wczoraj użytkownicy musieli zapłacić średnio 17 dolarów za transakcję, co jest jedną z najwyższych kwot w historii.

NASDAQ giant buys (again) $10 million from BTC

He’s betting it all on Bitcoin – NASDAQ giant buys (again) $10 million from BTC

When the Wolf Starves (from BTC) – This week, MicroStrategy filed a new notice with the SEC to report the purchase of an additional 314 Bitcoins. The acquisition brings the company’s total bitcoins to 70,784 for a market value of $2.2 billion.

MicroStrategy: All of its Cash in Bitcoins

Since last August, Micheal Saylor has been swearing by Btcoin Compass to invest his surplus cash. His strategy has paid off, as MicroStrategy’s share price has appreciated by 350% since the beginning of Q3 2020. From a fundamental stock analysis point of view, this price increase makes sense.

Indeed, most stock valuation methods take into account the cash value of the company under study. As such, MicroStrategy’s share price has doubled with the rise in the price of Bitcoin. Obviously, this has an impact on the share price.
MicroStrategy’s share price
Saylor, Evangelist of Bitcoin

Michael Saylor took advantage of this new acquisition to come and discuss Bitcoin on CNBC and make an amazing announcement. Saylor intends to hold a conference bringing together executives from the largest American companies to explain how to expose themselves to Bitcoin:

„We’re going to bring together thousands of executives, managers, directors and business advisors, starting the first week of February. They all want to understand how to integrate Bitcoin into their balance sheet or income statement. So we’re going to share what we’ve learned in this area. »

Why would Saylor take the risk of losing its market advantage? Perhaps the idea behind the conference would be to accelerate institutional adoption in order to increase demand for bitcoin and push its price even higher.

Analyst names potential level of bitcoin price drop

Financial market forecasts are the private opinions of their authors. Current analysis does not constitute trading advice. ForkLog cannot be held responsible for any results that may arise from the use of the trading recommendations provided in these reviews.

About further possible scenarios of bitcoin price movement, RoboForex leading analyst Dmitry Gurkovsky tells.

BTC/USD quotations failed to push back from the lower boundary of the Triangle pattern and went lower. There was a breakdown of the lower boundary of the pattern with its subsequent test, and now the asset is trading near the level of $31,000. If we defer the height of the pattern from the breakdown point, the downside target might be the level of $22,000. Therefore in case the price fixes under important level of $30,000, its further decrease within the limits of model working off is not excluded.

 

On the daily chart RSI indicator has once again „caught“ the support line, which might indicate a high probability of rebound from the current levels and continuation of the uptrend. An additional signal in favor of this option would be a rebound from the lower boundary of the uptrend channel.

Despite such a significant drop in the value of the asset, Michael Sailor, at the time of the $30,000 level test, again posted a tweet where he wrote that MicroStrategy bought another 314 BTC at an average price of $31,808 for $10 million. The last time he wrote about a large purchase on December 21, 2020, when the price briefly corrected and then went back up. But that time it was about $650m. Taylor thus hints that you should not buy at the peak, but at times of large price drops.

The growing number of addresses, which contain more than 1,000 bitcoins, also points to the end of the downward correction. A new record of 2,446 addresses has been set here. There are 140 more in the last 20 days alone, which may indicate that large investors are ready for BTC growth in the near future. All in all, this all supports the theory of assets shifting from small crypto market players to wealthier bitcoin owners, who are only hoarding coins without considering selling them.

In turn, there is growing interest in digital currencies from the US government as well. Janet Yellen, who just became Treasury Secretary in the Biden administration, said she was concerned about the illegal use of cryptocurrencies. She noted that such assets provide an opportunity to circumvent the current financial system and undermine American interests. However, Saylor is confident that new rules to regulate digital currencies will ultimately be positive for bitcoin’s growth. Such an approach will accelerate the attraction of institutional money to the market.

 

On the 4-hour chart, the RSI indicator values have broken the downtrend line for the first time since the correction from the $42,000 level developed. This may be a signal to its completion and resumption of price rise. In this case, the nearest growth target will be the level of $34,500.

As an alternative variant the current price movements may be considered as the „Wedge“ model with a test of its lower boundary at the level of $28,000. Breakdown of the pattern’s upper boundary and fixation of the quotes above the level of $32500 will indicate the potential for their growth towards the level of $42 000 and above within the reversal pattern working out.

RISCOS SEVEROS DE QUEDA DE BITCOIN NA APARÊNCIA DE „CRUZ DE MORTE“ EM BAIXA

Um padrão de „cruzamento de morte“ em baixa está procurando aparecer no gráfico Bitcoin de quatro horas pela primeira vez em cinco meses, o que é um aviso para perdas adicionais a curto prazo.

Mas a história recente indica que o padrão pode não levar a uma fase prolongada de baixa para a moeda criptográfica de referência. Por exemplo, sua última ocorrência em agosto de 2020 coincidiu com a queda de 18% do BTC/USD para $9.813.

No entanto, os fundamentos de apoio ajudaram a dupla a recuperar inteiramente suas perdas, seguidos por uma corrida selvagem até um recorde histórico próximo a $42.000 neste mês de janeiro.

Isso mostra que os cruzamentos de morte passados apareceram muito perto dos fundos locais de Immediate Edge. A taxa de câmbio BTC/USD caiu quase US$ 10.500, ou 25%, para negociar perto de US$ 31.800 depois de fechar em seu recorde de alta em meio a temores crescentes de inflação e do rebaixamento do dólar americano.

Antes disso, a dupla devolveu ganhos mensais, aumentando mais de 1.000 por cento a partir de seu nadir de meados de março de 3.858 dólares (dados da Coinbase). Na quarta-feira, a média móvel de 50 dias da Bitcoin caiu $33.342 de seu pico de sessão de $37.616, enquanto sua média móvel de 200 dias aumentou para $33.218 de $28.647.

BITCOIN PARA $28.000

Uma cruz de morte ocorre quando o 50-DMA, que muitos gráficos tratam como um indicador de tendência de curto prazo, fecha abaixo do 200-DMA, que os comerciantes vêem como uma linha de referência entre as tendências de alta e baixa de longo prazo. O Bitcoin está muito próximo de formar um padrão semelhante em seu gráfico de curto prazo, o que sinaliza uma venda nas próximas sessões.

A última cruz de morte“, afirmaram os analistas da TradingShot, „não foi o fim do mundo, mas ela proporcionou um recuo de 15%“. O BTC/USD levou 50 dias para recuperar o preço [após o crossover em baixa]. A partir do nível atual do 4H MA200, um recuo de -15% colocaria o BTC em torno de $28.000″.

Enquanto isso, a TradingShot também previu um cenário de 50-200 crossover baseado na história recente das médias móveis de Bitcoin. Por exemplo, em dezembro de 2020, os dois MA aproximaram-se da formação de uma cruz de morte, mas não fizeram o contato em baixa. Mais tarde, isso levou a uma onda agressiva de alta.

„Já vemos um pequeno Canal Up se formando (dentro do Canal Down), o que é encorajador“, disseram os analistas da TradingShot enquanto se referiam ao gráfico acima.

TUDO ESTÁ [AINDA] BEM

Muitos analistas concordam que novas quedas no mercado de Bitcoin atrairiam acumuladores, principalmente investidores com uma perspectiva de alta de longo prazo da moeda criptográfica.

Konstantin Anissimov, diretor executivo da crypto exchange CEX.IO, observou que o BTC/USD parece ter atingido o fundo do poço perto de US$31.500. O analista acrescentou que o caminho da moeda criptográfica nas próximas sessões mensais é para o lado positivo.

„A demanda está crescendo, enquanto a taxa de produção da moeda é bastante baixa, o que poderia fazer com que a moeda subisse para 50.000 dólares até o final do primeiro trimestre deste ano“, disse ele à Bitcoinist.

 

Former Ripple executive loses $ 220 million Bitcoin key

A former Ripple Labs executive is said to have lost over 7,000 BTC.

He says this experience marred his vision of a system without banks.

It is estimated that 20% of existing bitcoins would be irretrievably lost.

Stefan Thomas, of German origin and a former Ripple Labs executive, has almost certainly lost over 7,002 bitcoins (BTC), worth more than $ 220 million.

The programmer, who lives in San Francisco, is struggling to find rest despite the XRP tokens he was given in 2012 and whose value is unknown.

The anguish of a loss of $ 220 million

Does the parent in you “keep a hard copy of everything”? That said, few people regret not having listened to this advice as much as Stefan Thomas. According to the New York Times , Mr. Thomas, who held the private keys to his Bitcoin wallet inside an IronKey hard drive, would not remember the password.

The IronKey external drive is specially password protected and automatically blocks the user after ten failed attempts, forever encrypting the data it contains. Stefan Thomas has already made eight attempts (with his most common passwords) and only has two left.

Stefan Thomas has two tries to find a password worth around $ 220 million. This is one of the many people who find themselves deprived of their Bitcoin fortunes: The amount of funds locked in lost or stranded digital wallets is estimated at $ 140 billion.

Unfortunately, the programmer who now lives in California lost the paper he wrote his passwords on.

While he enjoys technology, knowing that he has hundreds of millions of dollars in BTC, but could never touch, constantly eats him away. He has said he will make a plan to release his bitcoin, but will be all the more disappointed when he realizes that it won’t work.

This experience tainted the idea that a person could become his own bank, which was the “original” vision of Satoshi Nakamoto’s white book .

“This idea of ​​being your own bank… Let me tell you: do you make your own shoes?” said Thomas.

“The reason we have banks is because we don’t want to do all of these things that banks do.”

Bitcoin custodians as an alternative solution

However, there are some intermediate solutions. Some, for example, use insured depositories, such as BitGo . Others put their private keys in opaque folders, spread across different vaults, and then across an entire country (as the Winklevoss twins did, as described in the book Bitcoin Billionaires ).

However, a large number of people who want their bitcoins to be accessible by password then resort to exchanges. Exchanges are however exposed to the risk of hacking, the most infamous of which is Mt.Gox . Unless you have some sort of futuristic quantum computer , it’s next to impossible to hack into an offline storage cold wallet.

What does 2021 hold for cryptomonies and Blockchain technology? The experts answer

This is what industry leaders foresee in the development of Blockchain technology and crypto space in 2021.

It would be fair to admit that after 2020 and everything it put us through, making any prediction for next year is more likely to be a blindfolded game. In the meantime, I am sure that humanity has much to learn from its past transgressions, and will move forward by correcting our mistakes and weaknesses. That is what we have always done. Without a doubt, the main driver of our development this year was the outbreak of COVID-19. The effects of the current global pandemic on all aspects of our lives will shape our future, and there are some trends that we started last year that will most likely continue into 2021.

COVID-19 revealed the urgent need for solutions in economic efficiency and transparency, and most urgently within the health sector. The deployment of new blockchain solutions will strengthen health systems, if not revolutionize them, helping both physicians and patients worldwide. Despite promises to preserve citizens‘ private data during the global pandemic in the name of public health, blockchain-based solutions that store COVID-19 data have raised serious concerns, as they do not appear to be private at all. While the potential of these emerging technologies is promising, balancing privacy with appropriate solutions should be a priority for those involved in this industry.

In driving our technological development into the future, the pandemic has also had a significant and ambitious impact on the financial sector. On the one hand, governments around the world have made great strides in developing digital central bank currencies (CDBC) this year. With CBDC implementations getting closer, serious privacy concerns have rightly been raised within the crypto community, as the technology represents another step towards a more centralized financial system.

On the other hand, people have been looking for alternative, decentralized solutions, resulting in the unprecedented growth of the decentralized finance sector (DeFi) that has been observed this year. Both trends will undoubtedly continue to be fundamental in this 2021.

In the midst of the new coronavirus pandemic, world governments began printing money, raising new concerns about the health of the financial sector and drawing people’s attention to alternative assets – cryptosystems. As a result, Bitcoin (BTC) proved to be a hedge against inflation while its position as a store of value strengthened, unlike in 2017.

Serious institutional investors, hedge funds and other sophisticated financial players, such as Grayscale Bitcoin Trust, MicroStrategy, Square and PayPal, among others, entered the crypto space, and this trend is likely to continue this year. With more investors and service providers joining the industry, the true utility of digital assets will further drive the mass adoption of crypto currencies around the world, which in turn will drive crypto charities and philanthropy.

With inexpensive, scalable systems that are unreliable, Blockchain technology is improving supply chain efficiency in many industries, from blood drives to food companies, and there are sure to be more DLT-backed use cases around the world. Some even argue that business block chains are the next step in the evolution of economic architecture, and that not taking this step along with all the others will be a serious mistake for large companies in 2021.

Last but not least, there is the potential of the chain of blocks in our efforts to combat climate change and global warming. Blockchain technology managing the environment will be crucial for the future, from sustainable digital finance and carbon emissions to green energy cryptomining and transparent fuel use. As we enter the third decade of the 21st century, achieving the United Nations Sustainable Development Goals without Blockchain technology seems an impossible task.

Blockchain and crypto-currency are not a panacea and will not solve all our problems, but it would not be wise to ignore their potential to improve the world. Cointelegraph contacted industry leaders and asked them for their personal expectations for 2021 to get some information about what awaits cryptomonics and Blockchain technology in 2021.

What will 2021 bring for the development of the cryptomint and blockchain space?

Brian Behlendorf, executive director of Hyperledger:

„I don’t have a magic 8-ball when it comes to predictions in cryptomonal space, although I suspect that volatility will remain its defining characteristic. The use of the block chain, distributed general ledger and smart contract tools will continue to grow as they have in 2020.

The more difficult economic times that are likely to continue into 2021 mean little room for proof-of-concept projects, but those conditions also tend to lead small and large companies to greater cooperation rather than battles that add nothing to market share, which means more consortium efforts, more realistic expectations about the benefits of those efforts, and less fuss and noise. We have already seen that some networks, such as Food Trust, reliably achieve increased value through network effects.

If your industry doesn’t already have a DLT transaction network at the heart of its business processes, it will by the end of 2021. And where there is competition, those block chain consortia whose governance is more open and with networks that are easier to link will have the advantage.

Brian Brooks, acting comptroller of currency for the Office of the Comptroller of the Currency of the U.S. Department of the Treasury

„Crypto-currencies are to banking what the Internet was to libraries. Just as the Internet existed for a decade before 1995, its rapid adoption was only possible after it became accessible to everyone, not just programmers.

In 2021, I hope to see the beginning of that same transition to cryptomonics. I think we are approaching the critical mass for a much more ubiquitous acceptance of cryptomonics as a tool for everyone to use, not just those who look like Silicon Valley. That acceptance, of course, is not guaranteed. Cryptomoney developers, exchange operators, and others need to remain focused on addressing concerns about anti-money laundering compliance, fraud detection and prevention, and a host of other things that must be addressed if the industry is to operate at scale.

Charles Hoskinson, founder and CEO of IOHK

„Blockchain technology is at a critical juncture. To deliver on the technology’s high promise and achieve mass adoption, the industry needs to learn to work together. This is not a new concept, in conventional technology companies rarely work in silos. We wouldn’t expect, for example, that a Samsung phone would only work with Samsung wireless routers, and we shouldn’t expect this in cryptosystems. If we continue to take the attitude that a platform needs to ‚win‘, then we risk shooting ourselves in the foot.

2021 will be a crucial test of this. If companies can prioritize the search for ways to interoperate, recognizing that the industry will benefit from a rich ecosystem of partners, all working together seamlessly for the end user, then there is nothing stopping us from having our ‚bluetooth moment‘ and replacing global operating systems with better and fairer solutions for all participants.

We could see the adoption of Blockchain technology on an unprecedented scale in the developing world by 2021. For developing countries, the pace of growth is often held back by the lack of basic infrastructure. However, this could begin to work in their favour. The Blockchain’s agile capabilities mean it could scale to serve entire populations, without the need for existing infrastructure. After a record year for the development of the Blockchain, the technology is finally mature enough to take them there.

Not only could this allow developing nations to grow at a much faster rate, but it also means they are not hampered by the challenges developed countries face in overhauling existing legacy systems.

Da Hongfei, founder of Neo, founder and CEO of Onchain

„In the future, I believe that 2021 could be the year when Blockchain technology becomes mainstream. Bitcoin Pro already proved its value to conventional investors in 2020, while DeFi’s projects affirmed the transformative power of Blockchain. In addition, the COVID-19 pandemic revealed the various cracks in the current global system and the growing need for more Blockchain-driven solutions to overcome current limitations.

In 2021, I do not see any of the above trends slowing down, if anything, only continuing to accelerate as major institutions increasingly adopt Blockchain technology.

Denelle Dixon, CEO and executive director of the Stellar Development Foundation

„Although 2020 was far from the year most of us expected, I think it was an important year for the blockchain and digital currencies. It demonstrated the positive impact Blockchain technology can have in delivering payments more quickly and efficiently. It established a solid foundation for the coming year.

In 2021, I believe we will see more adoption of the Blockchain technology as we work to create connected and easy to use products. For us at the Stellar Development Foundation, we are doing that by working to expand our base foundation, organizations that issue fiat tokens and provide financial entry and exit ramps, to make Blockchain technology seen as useful, versatile, and scalable. This foundation will better support the most common use cases we see for next year, cross-border business-to-business payments and customer-to-customer remittances, and will encourage additional applications to emerge in the marketplace.

Elissa Shevinsky, former product manager at Brave, former editor of Lean Out

„I believe that well-funded players will continue to run and maintain the crypt-currency business. Bitcoin will continue to be newsworthy. I think we’ll see more corporate stuff and less independent stuff, because of the way the funding is currently being distributed.

I think 2021 will be an extension of 2020 in many ways, rather than a year in which we see a dramatic change. 2021 will see a lot of optimism, as people get vaccinated and life starts to feel more ’normal‘.

I am seeing a growing distrust of governments and a lack of confidence in the way countries handle financial policies and basic functions. Did you know that the recent cyber attack (using SolarWinds, Microsoft, etc.) included a breach in the US Treasury? Would you invest in the US dollar? That’s what you do when you put dollars in your savings account. All of this makes me bullish about cryptomonies.

Emin Gün Sirer, CEO of AvaLabs, professor at Cornell University, co-director of IC3

„In 2021, DeFi will become a cross chain ecosystem, where users will find and pursue performance opportunities with the same assets across multiple chains through bridges. We will also see many use cases released for the first time, as developers explore networks capable of sub-secondary purposes and much cheaper fees than those they are currently working with.

Significant decentralization, as measured by the number of full nodes participating in the consensus, and on-chain governance will come to the fore as users and newcomers to cryptomonies become more aware of how centralized many block chains are and the risk involved.

Finally, we will see institutions and companies begin to move beyond just buying crypto currencies as an investment, to also developing real applications and infrastructure on platforms that can meet their performance requirements and be modified according to their data and compliance mandates.

Heath Tarbert, President and CEO of the U.S. Commodity Futures Trading Commission

„The digitization of markets is a macro trend. Of course, digital assets are part of that. Digital assets and their underlying technology are pushing conventional boundaries. I’m going to make a relatively safe prediction, which is that this is going to continue to be a vibrant and active space.

Digital assets, and in particular the underlying Blockchain technology, are very promising for our economy and for world markets in general.

Innovation in this space must continue to thrive. The financial services industry of my parents‘ generation, or even when I was growing up, is not what it is today. And I don’t expect today’s to be the same as my grandchildren’s. The markets must continue to evolve. We’ve seen firsthand how these markets, and especially these technologies, have no geographic boundaries. It is important that regulators develop coordinated, principle-based approaches to this ever-changing industry.

Irene Gao, Antminer’s sales director for North, Central and South America at Bitmain

„The current bull run is different than the one in 2017. Unlike previous years, we are moving from retail speculation to conventional market integration. We have already seen an increase in interest from financial institutions and regulators alike, and this will only continue in 2021.

It is likely that planned and delayed mining deployments will resume because of the COVID-19 pandemic, particularly in the United States. As such, next year, we are likely to see greater diversity in Bitcoin mining as U.S. miners expand their operations. We have improved the efficiency of our factory in Malaysia to serve more of our customers overseas and have enhanced cooperation with our customers to help them in the continued expansion of their mining operations.

We look forward to moving forward to 2021. We are improving services for our customers. Recently, we have extended the warranty on our Antminer 19 Series from 6 to 12 months and have started cooperating with more local partners in different regions to provide better support worldwide.

Jean-Marie Mognetti, CEO of CoinShares

„During 2020, Bitcoin exhibited similar patterns to those seen in 2013 and 2017. Price movements and trading volumes also show that trading, especially Bitcoin, has a kind of kinetic energy. If this trend continues, we may see Bitcoin following a parabolic movement in 2021.

We’re likely to see a continued increase in the number of institutional investors and companies adding digital asset and Bitcoin investment vehicles to their portfolios. This will result in some Bitcoin investment vehicles, such as CoinShares‘ ETP (exchange traded product) and Grayscale’s Bitcoin Trust, continuing to acquire more Bitcoin than can be mined daily, a pace that will likely accelerate in the new year. I think we’re about to see a repeat of the 2017 or 2013 trends in 2021, albeit in a much more structured and less emotional way, unless a six-sigma event occurs that disrupts the kinetic momentum of the market.

Jimmy Song, writing from Programming Blockchain

„A giant bull market and many more institutional investors. I don’t think anything in the blockchain space will have any impact, as it has in the last six years. The cryptomoney will be largely for new investors who will learn that anything other than Bitcoin is really a scam.

Joseph Lubin, co-founder of Ethereum, founder of ConsenSys

„I believe that the DeFi will become more relevant to ordinary people and the technology used to interact with them will be even easier to use.

I also continue to predict that the parts of Web 3.0, decentralized storage, bandwidth and value, will become even more integrated with each other. We spent a year collaborating on a bridge between Filecoin and Ethereum via Codefi’s DeFi bridge, and Infura’s IPFS service transferred over 300 TB of data this year alone. Web 3.0 is showing the potential for providing more open content creation, the ability to publish, participate, create, conduct e-commerce, communication, video, etc.

We will also be closely involved in the escalation of Ethereum, both with our research contributions to Eth2, our Teku client team, Codefi Staking, and the Infura beacon chain API. The merger of Eth1 and Eth2 may occur in 2021, and we expect a more flexible and scalable settlement layer for the planet.

In the early 1990s, you couldn’t buy anything legally on the Internet; now we’re seeing the same democratization in the financial industry. We’ve replaced bank books and calls to brokers with online interfaces. The distribution of financial services accessible to anyone is a great achievement, and we believe this will continue to take off in 2021. I believe the 21st century is about to begin in 2021.

Mance Harmon, co-founder and CEO of Hedera Hashgraph and Swirlds Inc:

„In 2021, the intersection of three trends – tokenization, DeFi, and business logic moving to layer two – will pave the way for enterprise adoption of public DLT networks. These trends, combined with the hard lessons learned from attempts to deploy private networks, have made enterprises susceptible to public DLT networks in ways that were not previously the case.

Today, digital tokens are designed for economic activity within supply chains, not just as a way for stratups to raise capital. The combination of tokenization, fiat-backed stablecoins and DeFi, the underlying technology, not the short-term turmoil, will make traditional financing operations faster and less expensive, fundamentally changing existing processes for purchase order financing, working capital borrowing, insurance purchasing, inventory financing guarantee and invoice factoring.

And companies are realizing that they can make their applications run business logic on layer two networks and simply use layer one for consensus and arbitration. This approach combines the advantages of public networks (distributed trust) with the advantages of private networks (low cost, scalability, privacy and regulatory compliance).

The intersection of these trends will lay the foundation for enterprises to use DLT in routine business transactions, driving a significant acceleration in enterprise adoption by 2021.

Mathew Yarger, Director of Mobility and Automotive, Iota Foundation

„2021 is going to be a year of hybrid DLT, interoperability and real-world integrations. Let’s look at it as a great transition year for the DLT space. Moving from the mistaken mentality of „DLT is the cure“ to the realistic understanding that DLT is a tool, just like artificial intelligence and cloud services.

We should see a growing understanding that some DLTs are good for some things, while others are good for other things, and that they can be combined in interesting ways to obtain interesting solutions. Other major issues to pay attention to are: interoperability between DLTs that are allowed and not allowed by enterprise applications, connecting DLTs focused on the Internet of Things to DLT environments hosted in the cloud, verifying key knowledge by using DLTs for consumer-oriented solutions, and testing more secure architectures in real-world environments, predominantly in healthcare, energy, mobility and supply chain solutions where ecosystems are highly fragmented or highly regulated.

There are many pragmatic and exciting things that will permeate the technology, affecting traditional technology companies with them showing a strong commitment to the DLT space, and driving their technologies in new and exciting ways.

Mike Belshe, CEO of BitGo

„We believe that 2021 will be the year when institutional investors accept and agree with Bitcoin’s thesis: that the scarcity of the asset is paramount to the long-term value. As such, we expect 2021 to be a very big year for BitGo and the industry as a whole. A combination of factors caused by the global COVID-19 pandemic, the influx of institutional investment, and the Bitcoin boom cycle will continue to accelerate growth and attract new investors on both the retail and institutional sides in the new year.

In the longer term, we also see enormous potential, as the future of money depends on a transparent and profitable way of doing business across borders, as well as helping people around the world have greater access and freedom to build financial security. We strongly believe that we will continue to accelerate growth in 2021 and attract new investors on both the retail and institutional sides.

Paul Brody, director and global innovation leader for Blockchain technology at Ernst & Young

„Adoption of the Ethereum core network by business customers and early adoption of privacy-enabled DeFi by business users. Rapid maturation of DeFi’s security and audit tools Early adoption of decentralized business applications beyond finance Shift from DApps to ZApps, zero-knowledge applications that do the same job, but support user privacy First regulatory frameworks that specifically cover stablecoins linked to a fiduciary currency and their use in consumer and business applications.

Roger Ver, CEO of Bitcoin.com:

„Almost every year has been better than the previous year. I don’t think this is going to change in 2021.

Samson Mow, chief strategy officer of Blockstream:

„In 2021 we’re going to see Bitcoin make incredible gains as more and more institutional players arrive. However, we’re also going to see a wave of shitcoins in the retail market as con artists try to take advantage of Bitcoin’s aura to get rich.

Scott Freeman, co-founder and partner of JST Capital:

„We believe that many of these existing trends around institutionalization will continue and we expect to see great growth, particularly within the decentralized credit and decentralized derivative offerings over the next 12-18 months.

We believe that investors will begin to see cryptosystems in a slightly different light, as people see Bitcoin more as a store of value and begin to see the utility value of other currencies. This could lead to a reduced correlation between traditional crypto assets and increased investment opportunities.

Vinny Lingham, CEO of Civic

„This year was a warm-up for next year. In 2021, we will see decentralized storage, decentralized finance and non-political currencies take off.

My favorites are Bitcoin, Ether and Filecoin. However, Ethereum’s scalability problems must be solved next year if we expect to see continued success in 2022.

Comment les services financiers de l’industrie soutiennent l’exploitation minière de bitcoin en Amérique du Nord

Cette année, il y a eu un effort concerté entre les pools et les installations minières Bitcoin basées en Amérique du Nord pour contribuer à une plus grande proportion du taux de hachage global du réseau Bitcoin à partir du continent, ce qui a permis une décentralisation essentielle vers ce système. Mais cela n’a pas été sans difficultés. L’environnement minier de Bitcoin est caractérisé par des coûts élevés et une chaîne d’approvisionnement difficile.

Pour aider à soutenir ces nouveaux venus en Amérique du Nord, les sociétés spécialisées dans les bitcoins jouent un rôle généralement rempli par les institutions financières classiques comme les banques, se taillant une nouvelle niche dans la fourniture de conseils et de services financiers à l’industrie minière nord-américaine naissante.

Les défis financiers de l’exploitation minière de Bitcoin

Malgré l’augmentation constante du prix du bitcoin cette année, les mineurs n’en profitent pas nécessairement, car la concurrence intense fait augmenter le taux de difficulté et la course aux récompenses en bloc devient plus intense.

„L’algorithme d’ajustement de la difficulté et le prix du bitcoin agissent comme une couverture naturelle pour l’exploitation minière,“

Ethan Vera, cofondateur du pool minier Luxor, distribué dans le monde entier, a déclaré au Bitcoin Magazine. „Quand le prix est élevé, vous gagnez moins de bitcoin en récompense. Donc, si vous exploitez des mines sur la base du bitcoin ou si vous avez couvert uniquement le prix du bitcoin, le profil de risque est en fait plus élevé“.

De nombreuses sociétés minières ont besoin de nouveaux équipements ou doivent passer à des modèles plus récents d’ASIC, comme Antminer S19 pro de Bitmain ou Whatsminer M30S++ de MicroBT, afin d’être compétitives dans ce contexte. Mais il y a une pénurie de ces équipements miniers mis à jour.

„Les précommandes en gros pour le matériel minier bitcoin le plus puissant des principaux fabricants sont déjà en attente jusqu’en mai de l’année prochaine, ce qui suggère un niveau croissant de demande institutionnalisée pour ce type d’équipement“, a récemment rapporté The Block. „La pénurie globale de l’offre suit la hausse des prix du bitcoin depuis le troisième trimestre de cette année, et est due à la fois à une augmentation de la demande institutionnalisée d’équipements d’extraction du bitcoin et à la capacité limitée de plaquettes des fournisseurs de silicium de Bitmain et MicroBT“.

Au moment où nous écrivons ces lignes, le site officiel de Bitmain montre que son produit phare, le S19 Pro, n’est plus disponible.

De nouvelles solutions aux défis actuels

Parmi ces défis financiers, un nombre croissant de sociétés minières Bitcoin deviennent ouvertes et transparentes sur leurs opérations, ce qui constitue une rupture avec une industrie qui était largement opaque.

„Il y a des inconvénients à faire savoir à tout le monde ce que vous faites, mais c’est aussi un avantage“, a déclaré Merrick Okamoto, PDG de la société minière Marathon, lors d’une récente conférence sur l’exploitation minière. „Cela nous donne un accès unique aux marchés des capitaux. Nous avons réalisé deux financements au cours de l’année dernière“.

Un certain nombre de sociétés dans le domaine des cryptocurrences se positionnent pour offrir des services financiers aux sociétés minières qui cherchent à prendre pied dans l’industrie, en fournissant des capitaux pour de nouveaux équipements, en conseillant sur les meilleurs investissements et le meilleur calendrier et en les aidant à gérer les risques.

Par exemple, DCG Foundry, une filiale de la société de capital-risque Digital Currency Group, spécialisée dans la cryptologie monétaire, a été fondée en 2019 pour fournir des capitaux et des renseignements aux entreprises nord-américaines spécialisées dans les actifs numériques. La société propose actuellement trois services pour l’écosystème minier : le financement et l’achat d’équipements, l’exploitation minière et le jalonnement, ainsi que des services de conseil et de consultation.

Ryan Porter, de la société de services financiers BitOoda, spécialisée dans les bitcoins, est un courtier en valeurs mobilières et en produits dérivés enregistré auprès de l’autorité de régulation du secteur financier (FINRA). Il a expliqué à Bitcoin Up Magazine que les exploitations minières l’ont approché pour lui demander de leur fournir divers services financiers, notamment pour lever des capitaux afin d’acheter des équipements miniers et de signer des contrats à long terme avec des fournisseurs d’électricité.

„Ces entreprises sont encore largement exclues des banques“, a déclaré M. Porter. „Si elles veulent obtenir un financement par emprunt pour acheter du matériel ou construire leur site, ce capital provient maintenant de fonds privés ou de bureaux familiaux ou par l’utilisation de produits financiers comme notre contrat de haschisch d’électricité. Là où des entreprises comme la nôtre sont utiles, c’est en amenant ces sociétés minières de l’idée, à la sélection du site, à la construction, au conseil en énergie, au financement, à l’achat d’équipement et ensuite, quand elles sont opérationnelles, à l’optimisation financière de l’installation“.

Alors que de plus en plus de groupes progressent dans le but de contribuer à l’une des industries les plus critiques de Bitcoin en Amérique du Nord, les services financiers fondamentaux offerts par ces groupes axés sur le bitcoin et d’autres semblent être un aspect clé du renforcement de la décentralisation minière.

BITCOIN EYES $20K-BREAKOUT AS MORGAN STANLEY PREDICTS DOLLAR CRASH

Ponura perspektywa dolara opuszcza Bitcoin z potencjałem do dalszego biegu byka w kierunku 20.000 dolarów.

Sprzedaż greenbacku przyspieszyła w tym tygodniu, ponieważ jego wartość w stosunku do walut obcych spadła o kolejne 0,21% w handlu nocnym. Indeks dolara amerykańskiego (DXY) osiągnął w czwartek poziom 90,22, najniższy od kwietnia 2018 roku, co skłoniło Morgan Stanley do prognozowania dalszych spadków dla tego ważonego handlowo instrumentu.

Mark Wilson, dyrektor inwestycyjny i główny strateg ds. kapitału w Morgan Stanley, powiedział Bloombergowi, że w ciągu najbliższych dwunastu miesięcy dolar spadnie o kolejne 10 procent. Analityk zauważył, że Rezerwa Federalna i rząd USA są „najbardziej agresywne z deficytami strukturalnymi“ w obliczu pandemii koronaawirusów.

„Słabszy dolar jest pomocny dla świata“, dodał. „Silniejszy jest bardziej zwężeniem globalnego wzrostu… To w końcu pozytywna historia dla reflacji.“

Analitycy z JP Morgan & Chase Co. również wierzyli w niedźwiedzią perspektywę dolara amerykańskiego na 2021 rok. Julio Calegari, główny zarządzający portfelem inwestycyjnym banku w Azji i na rynku forex, powiedział, że wzrost Chin po pandemii zmniejszył atrakcyjność inwestycyjną Greenback.

BITCOIN

Stwierdzenia te pojawiły się, gdy Bitcoin nadal wieżował w pobliżu niedawno ustanowionego, wszechobecnego haju 19.915 dolarów. Przyniosło to wzrost zysków o 179 procent od tego wtorku. Kurs wymiany BTC/USD wzrósł o 5,61 procent w stosunku do tygodniowego okresu, co jest całkowitym przeciwieństwem tego, co robił indeks dolara amerykańskiego.

Zarówno BTC/USD, jak i DXY wykazały w tym roku odwrotną korelację, szczególnie po kursie z połowy marca na rynku globalnym. W tym miesiącu cena Bitcoina spadła o prawie 60 procent w ciągu zaledwie dwóch dni. Z drugiej strony, dolar pokazał siłę i przeskoczył o 8 procent w tym samym okresie.

Przeciwnie, ponieważ inwestorzy szukali bezpieczeństwa gotówki przed niepewną perspektywą ekonomiczną prowadzoną przez szybko rozprzestrzeniającą się pandemię COVID-19. Gdy rządy ogłosiły blokady, rynek akcji uległ załamaniu. Doprowadziło to do rozładowania swoich dochodowych pozycji w innych miejscach, aby pozyskać dolary.

Niemniej jednak interwencja na dużą skalę Rezerwy Federalnej i rządu USA złagodziła popyt na gotówkę. Wspólnie zobowiązali się oni do zasilenia w płynność kwotą około 3 bilionów dolarów poprzez nieograniczony zakup obligacji i podjęcie decyzji o zwiększeniu deficytu fiskalnego. W rezultacie dolar spadł, a Bitcoin – dzięki swojej narracji safe-haven – wzrósł.

$20K

Dynamika nie zmieniła się w roku 2021. Gospodarka amerykańska przeżywa gwałtowny wzrost wskaźnika zakażeń COVID-19. W międzyczasie dwustronny projekt ustawy przewiduje wstrzyknięcie do amerykańskiej gospodarki ok. 908 mld USD, pogłębiając tym samym deficyt.

W ostatnich minutach Rezerwa Federalna potwierdziła, że w warunkach niższych stóp procentowych utrzyma tempo zakupu obligacji w nienaruszonym stanie. W międzyczasie inwestorzy zwiększyli swoje zakłady, że bank zacznie teraz kupować dłuższe obligacje amerykańskiego Skarbu, ponieważ rentowności krótkoterminowych obligacji są już blisko zera.

Ogólnie rzecz biorąc, scenariusz ten sprawia, że Bitcoin jest silniejszą alternatywą inwestycyjną dla dolara amerykańskiego i obligacji. To wyjaśnia, dlaczego krypto waluta może wybuchnąć powyżej 20.000 dolarów w najbliższych sesjach kwartalnych.

Bitcoin rally short-lived? Google search trends show a bearish outlook

For many Bitcoin enthusiasts, the flagship of the cryptocurrency has arrived on Wall Street with sovereignty.

It now costs around $ 14,500 to buy a bitcoin – about twice as much as it did at the beginning of the year. This is also the highest level since January 2018, when the cryptocurrency was revised down from its record high of almost $ 20,000 in the previous month.

Many analysts agree that Bitcoin’s renewed price rally has to do with growing investor demand for safe investments. Some, including Bloomberg, even believe the Crypto Profit will soar back to $ 20,000 by the end of this year – due to skyrocketing federal deficits caused by trillions of dollars in government spending and inflation fears.

The Bitcoin cheerleaders have long projected the coin as the ultimate hedging tool against fiat money, as it has a definite supply cap of 21 million tokens. Since individual mainstream companies have decided to replace part of their cash reserves with Bitcoin, the thesis gained enormous traction through social media.

Unfortunately, the same enthusiasm cannot be felt on Google Trends.

Lack of interest in searches

The latest data from the world’s largest online search engine shows a lack of interest in Bitcoin among everyday internet users. On a scale from zero to 100 over a five-year period, Bitcoin scores 9 points. If the period is changed to 12 months, the value increases to 63.

In contrast, Bitcoin’s trending value was 100 in December 2017, when the cryptocurrency was headed for $ 20,000. Most of the sentiment mentioned had to do with BTC being the first coin to boom.

Startups raised resources in BTC by posing as the next blockchain unicorns and getting ordinary citizens to look for how to buy Bitcoin.

The search for the keyword „Bitcoin“ remains low despite the enormous interest at the macro level. Source: Google Trends

The boom ended in a major collapse as most of these projects failed or turned out to be fraudulent. Bitcoin fell 84 percent from its $ 20,000 high as a result.

The same thing happened with his Google Trend Score, which crashed from “100” in December 2017 to “5” in November 2018.

In contrast, Bitcoin’s main hedging rival, gold, saw a steady trend. Its values ​​fluctuated between „82“ and „51“ – mostly over a period of five years. For the past 12 months they have remained stable above ’71‘.

Interestingly, in the week of May 10-16, 2020, Bitcoin hit a perfect „100“ within a 12 month timeframe. This step coincided with the third “halving” of the cryptocurrency – an event that periodically reduces its daily supply by half, exacerbating its scarcity against fiat currencies.

Good news for Bitcoin, after all

Hans Hauge, head of quantitative strategy at Ikigai Asset Management, thinks the absent “Bitcoin” interest against the rising price is good news. He comments that the lower values ​​for the Bitcoin keyword show that the cryptocurrency has matured.

„This is not the height of a bubble mania, it’s orderly and calm,“ said Hauge, comparing the 2017 trend with the current one. And:

„The next spike in Google Trends will make the last one look like nothing.“