The next step to bitcoin acceptance?

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Cryptonow: the next step to bitcoin acceptance?

Bitcoin is booming – also in Switzerland. Recently, two companies based in the Alpine nation came up with the idea of bringing Bitcoin to the people in the form of voucher cards.

The largest Swiss department stores‘ chain, Manor, and the Swiss-based retail company Valora apparently did not miss the current Bitcoin hype. In order to profit from the hype, the two retailers now want to distribute Bitcoin gift and voucher cards called Cryptonow to their Bitcoin Era customers. Manor is already trading the BTC vouchers in 59 shops. Valora also plans to introduce Cryptonow vouchers in its nationwide kiosks by 1 April 2021, the Swiss newspaper Tages-Anzeiger reported last Monday.

Behind the Cryptonow offering is the subsidiary of Swiss crypto exchange Bitcoin Suisse: Värdex. Simon Grylka, product manager at Värdex, commented to the newspaper on the idea of the vouchers and compared them to digital gold coins:

The Cryptonow voucher can be given away like a digital gold vreneli.

Cryptonow would offer customers an alternative to circumstantial shopping with cash or EC card, Grylka said. Furthermore, he sees this trading model as an opportunity to give people easier access to cryptocurrencies like Bitcoin. In total, customers are offered three different voucher versions ranging from 100 to 500 Swiss francs.

In the right place at the right time?

Bitcoin is currently gaining more and more acceptance. However, it is mostly institutional investors and companies that are attracting attention with their enormous investments. With Cryptonow, Bitcoin could now gain momentum in another place, namely mass adoption. The voucher cards could be another step towards broader Bitcoin acceptance in everyday life. Customers have the option of selling the vouchers at one of a total of 70 Värdex-operated Bitcoin ATMs or redeeming them at any exchange service.

VS beschuldigt drie Noord-Koreaanse hackers wegens crypto-aanvallen en WannaCry-ransomware

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Het ministerie van Justitie heeft drie hackers aangeklaagd die zijn aangesloten bij de beruchte Lazarus Group.

Op woensdag, de Verenigde Staten ministerie van Justitie aangekondigd aanklachten tegen drie Noord-Koreaanse hacker

Bij de aankondiging veroordeelde assistent-procureur-generaal John Demers het Noord-Koreaanse programma, waarvan de bekendste tak de Lazarus Group is. Demers zei:

„Noord-Koreaanse agenten, die toetsenborden gebruiken in plaats van wapens, en digitale portemonnees met cryptocurrency stelen in plaats van zakken met contant geld, zijn ’s werelds grootste bankovervallers.“

Met een land dat grotendeels is afgezonderd van de internationale economie, is het hackprogramma van Noord-Korea een cruciale bron van inkomsten geweest. Velen hebben hacking-inkomsten uit bronnen zoals de WannaCry-malware en crypto-uitwisseling Coincheck gekoppeld aan het kernwapenprogramma.

Demers lichtte toe:

„De DVK-cyberdreiging heeft het geld gevolgd en zijn vizier gericht op het genereren van inkomsten op de meest geavanceerde aspecten van internationale financiën, onder meer door de diefstal van cryptocurrency van beurzen en andere financiële instellingen.“

Het hackprogramma van Noord-Korea is het onderwerp geweest van uitgebreid onderzoek, zowel vanuit de VS als internationaal​ Omdat het land geen wijdverspreide internettoegang heeft, noemen velen de rol van China bij het trainen van Noord-Koreaanse hackers. De VS hebben inderdaad in maart 2020 twee Chinese filialen van Lazarus Group gesanctioneerd .

DeFi takes a big leap, are we in a bubble?

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Decentralized Finance (DeFi) knows no stopping and several tokens reached a new all-time high this week.

Are we in a bubble or are we currently re-evaluating the DeFi sector?

DeFi has been performing better than Bitcoin (BTC) and Ethereum (ETH) for a few weeks now . The sector was able to attract many new users and investors, particularly due to the trading hype of the last few weeks. Since well-known trading apps like Robinhood and TradeRepublic have stopped trading some cryptocurrencies and stocks, many investors have been looking for alternatives in recent weeks .

Decentralized Finance in particular benefited from this development. This is due to the fact that in most DeFi projects no central authority can stop trading and the protocols thus offer an alternative to the existing financial world.

In addition, the capital in decentralized finance logs grew to a record level of nearly $ 34 billion this week.

That represents a growth of almost 30 percent within the last seven days. But that’s not enough, the “ETF token” DeFi Pulse Index (DPI) rose this week by 46.16 percent to 413.53 US dollars at the time of going to press at.

DPI reflects the entire development of the DeFi sector very well, as it is made up of the 10 largest DeFi projects and has repeatedly climbed to a new all-time high in the last few days.

Several DeFi tokens hit new all-time highs

Universal Market Access (UMA) rose more than 200 percent in the past seven days, hitting a new all-time high at $ 41.56 . But not only the DeFi derivative project UMA reached a new all-time high, but also the decentralized exchange (DEX) 0x (ZRX). Last Friday alone, the price of ZRX exploded 78.25 percent and is at $ 1.41 at the time of going to press .

Institutionelle Investoren reichen nicht aus, um den Bitcoin-Markt zu retten – JP Morgan

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Die aktuelle Kampagne von Ethereum wirkt sich negativ auf Bitcoin aus

Die geringe Anzahl institutioneller Investoren behindert den Aufstieg von Bitcoin.

Der Marktanteil von Bitcoin sinkt.

JP Morgan Chase and Co, eine Wall Street Bank, erklärte, dass die Anzahl der institutionellen Investoren nicht ausreicht, um Bitcoin wieder auf sein Allzeithoch zu bringen.

JP Morgan, eine Investmentgesellschaft, erklärte, dass der Rückgang des Zuflusses von Grayscale Bitcoin Cycle daran hindern könnte, die $42K Marke wieder zu erreichen. Laut Bloomberg ist der institutionelle Zufluss von Grayscale Bitcoin Trust derzeit nicht stabil genug, damit BTC die Marke von mindestens $42K durchbrechen kann.

Die Mittelflussrate von institutionellen Investoren in den größten Kryptowährungs-Vermögensverwalter dient als allgemeiner Test für das Interesse an BTC von großen Foundries. Vor etwa einem Monat sagten die Finanzanalysten von JP Morgan einen Rückgang des Mittelzuflusses voraus, der eine Marktkorrektur beschleunigen könnte. Zu diesem Zeitpunkt notierte Bitcoin unter $24K.

Nachdem der Bitcoin-Preis am 8. Januar gestiegen war und das derzeitige Allzeithoch von $42K erreicht hatte, wurde die Aktion instabil und es kam zu einer fortschreitenden Korrektur. An der Bitstamp-Börse wird BTC derzeit bei $33.371 gehandelt.

JP Morgan beobachtete und stellte fest, dass der Zufluss von Grayscale einen abrupteren Rückgang hatte, als der von BTC selbst. Grayscale hat einen Rückgang von 22%, während Bitcoin einen Rückgang von 17% in der letzten Woche hatte.

Grayscale Bitcoin Trust öffnete für das Jahr am 12. Januar, nachdem die Türen für neue Investoren am 21. Dezember geschlossen wurden, und laut ihrem Update am 22. Januar hat die Firma derzeit ein Vermögen von nicht weniger als 20 Milliarden US-Dollar unter ihrer Obhut.

Michael Sonnenshein, der Chief Executive Officer von Grayscale Bitcoin Trust hat auf Twitter gepostet, dass sie nicht sicher sind, ob ein Teil des frischen Trusts der Firma an Bitcoin oder verschiedene Altcoins gebunden ist.
Der Anteil von BTC auf dem Markt ist rückläufig

Abgesehen von der Tatsache, dass die Zahl der institutionellen Investoren von Bitcoin derzeit rückläufig ist, wurde die Erholung von Bitcoin auch durch eine heftige Etheruem-Kampagne behindert, die zu einem zweistelligen Gewinn im dezentralen Finanzsystem führte.

In den frühen Stunden des heutigen Tages kämpfte sich der größte Altcoin auf der Binance-Börse auf ein neues Allzeithoch von 1.475 USD. Derzeit ist Bitcoins Vorherrschaft auf 62,45*% gesunken, was der niedrigste Vorherrschaftsanteil seit November letzten Jahres ist

VanEck käynnistää Bitcoin ETN: n Deutsche Börse Xetra Marketplacella

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Tärkeimmät kohokohdat:

  • Varainhoitaja VanEck on ottanut käyttöön uuden pörssinoteeratun setelin (ETN), joka seuraa Bitcoinin suorituskykyä
  • ETN: itä käydään kauppaa pörsseissä samalla tavoin kuin osakkeita
  • VanEckin uusi ETN ei ole ensimmäinen Euroopassa saatavana oleva arvopaperistettu Bitcoin-versio

VanEck käynnistää Bitcoin ETN: n Xetrassa

Varainhoitaja VanEck on ottanut käyttöön Bitcoin BTC: n, -10,28% pörssissä vaihdetun setelin (ETN) Deutsche Boersen Xetra-markkinapaikalla. VanEck Vectors Bitcoin ETN on täysin vakuudellinen, ja Bank Frick huolehtii tuotteesta tukevasta Bitcoinista. VBTC-kaupankäynnin kohteena olevan rahaston kokonaissuhde on 2% ja se on suunniteltu seuraamaan MVIS CryptoCompare Bitcoin VWAP Close Index -indeksin kehitystä. VWAP tarkoittaa volyymipainotettua keskihintaa.

VanEckin Euroopan johtaja Martijn Rozemuller kommentoi Bitcoinin vahvuutta salkunhajauttajana:

»Bitcoinin matala korrelaatio muihin omaisuusluokkiin tekee siitä erinomaisen tavan myötävaikuttaa salkun hajauttamiseen. VanEck Vectors Bitcoin ETN: n avulla tarjoamme tuotteen, jonka avulla sijoittajat voivat hyötyä Bitcoinin suorituskyvystä. «

Bitcoin ETN: t antavat kauppiaille ja sijoittajille mahdollisuuden altistua Bitcoinille tuotteella, joka käy kauppaa pörsseissä samalla tavoin kuin pörssi. Nämä tuotteet tekevät Bitcoin-sijoittamisesta helpommin saataville laajemmalle joukolle sijoittajia, joiden ei tarvitse käsitellä krypto-valuuttakohtaisia ​​tekijöitä, kuten lompakon hallintaa.

VanEck Vectors Bitcoin ETN ei ole ensimmäinen Bitcoinin arvopaperistettu versio, joka on saatavana eurooppalaisille sijoittajille. CoinShares listaa useita kryptovaluuttaan vaihdettuja tuotteita Nasdaq Nordicilla XBT Provider -tuotemerkillä. Samaan aikaan Sveitsissä sijaitsevan 21Sharesin kryptovaluuttaan perustuvat ETP: t on listattu paikoissa, kuten SIX Swiss Exchange, Xetra ja Boerse Stuttgart.

VanEck on yksi yrityksistä, joka on ollut aktiivisinta yrittäessään saada Bitcoin ETF: n hyväksyntä Yhdysvaltojen markkinoille. VanEck on yritys, jolla oli hallussaan lähes 50 miljardia dollaria varoja vuonna 2019, yksi vakiintuneimmista toimijoista, jotka ovat aktiivisia kryptovaluutta-alueella. Securities and Exchange Commission (SEC) ei kuitenkaan ole toistaiseksi hyväksynyt yhtään Bitcoin ETF -ehdotusta.

How did the most popular Bitcoin predictive models fare in 2020?

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In a year of extreme volatility, Bitcoin’s price models have never had so much to prove

From lows of $3,600 to all-time highs just above $24,000, 2020 was the year Bitcoin (BTC) surprised analysts like never before.

Predicting the crypto asset’s next move is becoming increasingly difficult, while at the same time an accurate pricing model for Bitcoin Formula scam has never been more necessary.

Cointelegraph examines how the industry’s best have fared this year, and what’s worth following as 2021 approaches, possibly with $20,000 as a starting point.

The Stock-to-Flow

From any perspective, 2020 was the year that Bitcoin’s Stock-to-Flow pricing model reached maturity.

Already one of the most well-known models in the industry, the various incarnations of the Stock-to-Flow followed BTC/USD as it collapsed to its dramatic annual lows and then rebounded strongly.

More importantly, Bitcoin’s entire behavior program fell within the terms of those models. Even today, the price is following the Stock-to-Flow to the letter (or rather, to the figure).

The Stock-to-Flow ratio is based on the amount of an asset that is already in existence (the „stock“) versus the amount that is regularly created and injected into the market (the „flow“). In the case of Bitcoin, this ratio is inherently tied to block reward halvings, which reduce the flow by 50% approximately every four years.

Therefore, after each halving Bitcoin’s Stock-to-Flow grows: there is currently nothing stopping it from reaching and maintaining the highest ratio of all known assets.

In terms of price, several variants of forecasts based on Stock-to-Flow have been pointed out by PlanB, the anonymous analyst now famous among Bitcoiners for coming up with such a model.

Each model predicts different price targets over the course of the current halving cycle ending in 2024. Of these, the most conservative sees the price at $100,000 by the end of 2021.

Despite this year’s criticism of Stock-to-Flow, PlanB has continued to defend that model: its faith was appropriately rewarded last week when Bitcoin aligned exactly with the price model.

Elliott’s Wave Theory

It’s been a rough year for another popular Bitcoin price prediction tool. Elliott’s Wave Theory, more of a price map than a precise set of targets, has had a complicated twelve months.

Elliott Waves, an indicator not exclusive to Bitcoin, provide a multi-phase market cycle that aims to track the highs and lows of an asset.

Due to its non-specific nature, however, these predictions are often huge. In the past, Bitcoin has achieved these goals due to its inherently volatile nature, especially in the early stages of its existence.

2020 also witnessed moments of clarity using Elliott Waves, but the prediction in April of a new correction to $3,000, corresponding to the collapse that occurred during the 2018 bear market, did not materialize.

The rainbow chart

Finally, the $23,000 level is particularly relevant to Bitcoin’s position beautiful so-called rainbow chart.

A colorful logarithmic chart of BTC/USD, the rainbow breaks down price levels into a series of buy and sell signals, roughly one for each color of the rainbow.

Sandwiched between red („maximum bubble territory“) and dark blue („practically a sell-off“), these colors reveal to investors and hodlers what to expect from Bitcoin based on its bullish or bearish direction.

Right now, despite being near all-time highs, the BTC/USD pair is in the light green range, described by the model as „still cheap.“

Bitcoin’s „rainbow“ chart

Like the Stock-to-Flow, the rainbow predicts more bullish potential for Bitcoin, with the $20,000 resistance now a mere thing of the past.

This historic Italian bank invests in cryptocurrencies – its customers not at the end of their surprises

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Criptovalute, per favore – More and more banks want to gain exposure to the growing cryptocurrency industry. This is now the case of Banca Generali, in Italy, which announces that it has made a large investment in the crypto-company of the wallet Conio, and which promises much more for 2021.

$ 14 million invested in a crypto-startup

The Banca Generali is one of the largest Italian banks. It is a private institution, specializing in the management of wealth for very wealthy clients.

Via a press release issued on 15 December, the institution announced it invested no less than $ 14 million in the crypto-business Conio , which proposes in particular a Bitcoin Trader. Banca Generali has thus become the main investor in a capital increase operation of the young crypto company.

This commercial partnership between Conio and Banca Generali will allow the bank to benefit from the startup’s crypto-asset custody and trading services . Conio already manages more than 150,000 cryptocurrency wallets for its mainly Italian clients.

Conio explains that he has developed a proprietary technology with patents designed to ensure the security of crypto storage , while reducing counterparty risk . In particular a patented guard system, based on multi-signatures , with 3 security keys.

A crypto offer to wealthy clients

Another important revelation: thanks to this agreement with Conio, the Italian bank announces that it will allow access to Bitcoin and other crypto-assets to its customers, starting in 2021 .

“(…) We anticipate that the future structure of financial markets will be influenced by blockchain technology, which continues to enable innovation through cryptocurrencies and in many other areas of the financial ecosystem. (…) The agreement with Conio means an extension of the services offered to our customers and a collaboration with a partner oriented towards innovation (…) ”

Christian Miccoli , co-CEO of Conio, also states that:

“This agreement with the Banca Generali is a big step towards a new era for the entire financial system (…). After 10 years of development and stabilization of their sector, cryptocurrencies are now entering a new tangible phase, entering the range of services of financial institutions. „

Without heavy regulatory barriers , the cryptosphere in Italy can progress and innovate to the point of now reaching the banks. For its part, thanks to this partnership with Conio, Banca Generali ensures that it is among the first transalpine banks to be able to offer cryptocurrencies directly, managed through its bank account.

Bitcoin bryter nya all-time highs som riktar sig till $ 23.000

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Bellwether-kryptokurrency ser ostoppbar ut efter att ha gjort en ny rekordhög nivå.

Missa inte Market Moving News

Bitcoin steg till en ny rekordhög nivå för första gången sedan mitten av december 2017. Medan spekulationer ökar om ytterligare vinster i horisonten, pekar flera mått på kedjan på en brant nedgång.

Breaking New All-Time Highs

Bitcoin lyckades återställa alla förluster som uppstått efter 17% retracement den 25 november.

Även om mer än 200 000 handlare likviderades under den senaste korrigeringen på kryptovalutamarknaden, väntade investerare inte länge på att återgå till sina långa positioner.

Ökningen av köptrycket såg BTC öka med mer än 22%. Det gick från att handla till ett minimum av 16 200 dollar den 26 november för att nå ett nytt rekordhögt värde på 19 860 dollar.

Paolo Ardoino , CTO på Bitfinex, hävdar att den senaste prisåtgärden kan hänföras till den ökande efterfrågan bland institutionella investerare.

”Bitcoins uppstigning idag till en helt ny nivå på 19 844 $ kommer att fängsla. Av mycket större betydelse är ändå de grundläggande faktorerna som ger bränsle till denna rally, särskilt den ökande närvaron av institutionella investerare. Bitcoin är fortfarande i början, och till och med relativt små fördelningar i tillgångsklassen från investeringsfonder kan ha en seismisk påverkan. ”

Om köptrycket fortsätter att öka kan Bitcoin kunna stiga mot $ 23.000

En 4-timmars ljusstake nära $ 19 500 kommer att ge tilltro till de optimistiska utsikterna eftersom det ökar chanserna för denna potentiella uppgång.

Detaljhandelsinvesterare verkar inte vara villiga att gå in på marknaden till nuvarande prisnivåer. Sådant beteende kan ses i det minskande antalet nya dagliga adresser som går med i Bitcoin-nätverket.

Denna typ av skillnader mellan priser och nätverkstillväxt kan betraktas som en baissignal.

När nätverket krymper under en längre period tenderar priserna vanligtvis att falla.

Bitcoin reaches second highest monthly barrier so far – nearly $14,000 barrier

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BTC’s price hit $14,100 highs – the highest price in more than 32 months

Bitcoin is trading almost $13,800 a day, just below the weekend high of $14,100. While the main cryptomoeda appears to recover above the resistance area, all eyes are on the performance of the legacy markets in the days ahead, a scenario that is likely to impact the market basket of cryptomoeda as risk aversion hits traders in the traditional market.

BTC/USD pair hits highest price in nearly 3 years

After struggling with a marginal sale last Friday that saw its value drop below $13,000, the BTC/USD pair has reached its best price level in over two and a half years. The last time Bitcoin traded at highs of $14,000 was in January 2018.

Analysts are pointing to the level as the main barrier for Bitcoin to see a new bull race that would take its price beyond the 2017 high of $20,000. The technical outlook is also quite optimistic with the price reaching a new high in both weekly and monthly candles. The Bitcoin closed in October at $13,816, the first time it has closed higher since the BTC/USD pair began to decline from its December 2017 peak.

The bullish outlook for Bitcoin Loophole is also strengthened by the price action on the daily chart. As we can see below, the likelihood of another upward explosion remains intact as the daily candle hugs the upper boundary of the Bollinger Bands with bullish divergence.

The picture suggests that the bulls will likely remain in control if they buy any fall and send the price back above the immediate $14,000 barrier. Once again, a weekly close above the barrier may cause an increase in buying pressure and help in the search for more gains.

However, as we highlighted earlier, the short term technical picture also shows a fractal pattern that suggests bears are not entirely out of the action. Under the pattern, the BTC/USD pair will likely see a large retracement to prices near $12,000 before resuming the uptrend into a new ATH.

The main price levels to watch this week are $14,000 – $13,800 and $13,800 – $13,000. Staying or breaking above the former keeps the Bitcoin uptrend while retreating below the latter’s upper limit would attract more selling pressure and cause prices to fall.

Les pirates informatiques font don de 20 000 dollars de Bitcoin à des organisations caritatives

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  • Les pirates informatiques ont envoyé un total de 20 000 dollars à des organisations caritatives.
  • Les organisations à but non lucratif ont rejeté ces dons, car ils ont été faits par des pirates informatiques.

Un rapport récent de la BBC a informé que certains pirates cryptophiles de la face cachée ont fait don d’environ 10 000 dollars de cryptocurrences, précisément de Bitcoin (BTC), à deux organisations caritatives différentes. Cet acte particulier a laissé de nombreux experts de la cybersécurité spéculer sur les motivations de ces pirates pour un tel geste de générosité. Il est très probable que les dons de Bitcoins aux organisations ont été obtenus illégalement.

Les pirates informatiques font des dons pour un monde meilleur

Selon le rapport, les organisations caritatives impliquées dans ces dons mystérieux sont notamment Children International et le Water Project. Les organisations ont reçu chacune environ 10 000 dollars de Bitcoin (0,88 BTC) de la part des pirates informatiques. La raison de ce don est peut-être un sujet de spéculation parmi les experts en monnaie numérique et en cybersécurité. Selon les pirates, cependant, les dons étaient destinés à „rendre le monde meilleur“.

Un cyber-expert, Brett Callow, a fait remarquer que les dons des pirates cryptographiques sont très inhabituels et constituent la première fois que des fonds provenant d’actes de rançon sont donnés à des organisations caritatives à but non lucratif. Selon M. Callow, les objectifs des pirates restent incertains. Cependant, l’action bénévole ne tient pas non plus debout.

Charity Orgs. rejette la donation des pirates

Quelle que soit l’intention des pirates de donner ces bitcoins, l’organisation caritative ne va pas l’accueillir. L’organisation Children International a admis dans son rapport qu’elle n’allait pas accepter ce don, étant donné qu’il est lié aux pirates informatiques. Le porte-parole de l’organisation à but non lucratif l’a précisément noté :

Si le don est lié à un hacker, nous n’avons pas l’intention de le conserver.

Le Giving Block (TGB), la plateforme qui a facilité le paiement, semble ignorer que les dons ont été poussés par des pirates informatiques. Le TGB a assuré qu’il enquêtait actuellement sur la question et qu’il rendrait les fonds aux expéditeurs, à condition qu’il confirme que les fonds ont été envoyés par des pirates informatiques.