Korrektur Zeit: Bitcoin stürzt $7000 in Stunden als $1,3 Milliarden liquidiert

Die letzten 12 Stunden waren ziemlich angespannt auf dem Kryptowährungsmarkt. Bitcoin, sowie andere Kryptowährungen, ging durch eine massive Korrektur, was in fast $1.3 Milliarden Liquidationen in 12 Stunden.

 

  • Heute Morgen wurde Bitcoin bei über $41,000 gehandelt, obwohl es scheinbar in einer Spanne zwischen $39,600 und $41,500 für mehr als einen Tag ohne entscheidende Bewegungen in irgendeine Richtung gefangen war.
  • Alles begann jedoch vor etwas mehr als 15 Stunden, als der Preis von $41.000 auf etwa $38.900 abstürzte.
  • Danach, wir sahen ein paar Stunden der Stabilität, aber die Bären waren noch nicht fertig. Heute früh stürzte der Preis von $39.800 auf $37.000 ab und fiel schließlich auf $34.322, bevor er sich auf den aktuellen Kurs von etwa $38.000 erholte.
  • Dies bedeutet, dass BTC fiel um fast $7,000 oder mehr als 16%.
btcusd_chart
BTC/USD. Quelle: TradingView

  • BTC war dabei nicht allein, da der gesamte Kryptowährungsmarkt den Druck zu spüren bekam. An einem Punkt, vor der Erholung auf die aktuellen Ebenen, die Marktkapitalisierung hatte mehr als $120 Milliarden verloren. Es gelang, sich zu erholen und die 1-Billionen-Dollar-Marke zum Zeitpunkt dieses Schreibens zurückzuerobern.
  • Diese Volatilität führte zu massiven Liquidationen. Daten zeigen, dass allein in den letzten 12 Stunden fast $800 Millionen in Long- und Short-Positionen liquidiert wurden. Auf 24-Stunden-Skala erhöht sich diese Zahl auf $1,45 Milliarden.
  • Die größte einzelne Liquidation Bestellung geschah auf BitMEX auf der ETH ewigen Vertrag und es war eine satte $22.24 Millionen wert.

Bitcoin-Preis über 300.000 US-Dollar „wäre nicht seltsam“, sagt der beliebte Crypto-Analyst

Der beliebte Kryptowährungshändler und Analyst Michaël van de Poppe hat bekannt gegeben, dass er glaubt, dass der Preis für Bitcoin in diesem Bullenzyklus auf 300.000 USD steigen könnte, basierend auf Vergleichen aus der Dotcom-Blase.

In einem kürzlich veröffentlichten Video, das erstmals von Daily Hodl entdeckt wurde , teilte der Kryptowährungsanalyst seinen 20.000 Abonnenten mit, dass die Kryptowährung aufgrund der „menschlichen Psychologie oder Marktpsychologie und Marktzyklen“ kurzfristig über 200.000 USD steigen könnte.

Er fügte hinzu, dass diejenigen, die in den Jahren 2015 und 2016 einen BTC-Bullenlauf erwarteten, „niemals ein Preisniveau von 20.000 USD pro Bitcoin gebissen hätten“, das Ende 2017 erreicht wurde

Van de Poppe fügte hinzu, dass die Märkte tendenziell irrational seien wenn Sie einen Boom-Zyklus durchlaufen.

Als Beispiel nannte er den Aktienkurs von Apple (NASDAQ: AAPL) und sagte, AAPL sei seit der Dotcom-Blase weiter im Kurs gewachsen. Die Marktkapitalisierung von Apple liegt jetzt bei über 2 Billionen US-Dollar. Damit ist Apple das wertvollste Unternehmen der Welt, gefolgt von 1,65 Billionen US-Dollar von Microsoft (NASDAQ: MSFT).

Der Analyst sagte, dass, sobald „etwas zu laufen beginnt“, wahrscheinlich die Angst vor dem Verpassen einsetzt und der Preis für diesen Vermögenswert um das 2-fache steigt, was wir auch beim jüngsten Bitcoin-Lauf gesehen haben. “

Der Preis für BTC stieg von 10.000 US-Dollar auf ein neues Allzeithoch über 40.000 US-Dollar, bevor er eine Korrektur erduldete, ohne nennenswerte Einbrüche auf dem Weg

Die derzeitige Korrektur, sagte er, sollte bei etwa 30% liegen, und er sagte, wir würden vor der Erholung auf das Niveau von 26.000 bis 28.000 USD fallen. Aufgrund der wachsenden Akzeptanz und des wachsenden Bewusstseins könnte BTC 300.000 US-Dollar erreichen.

Bitcoin bei 300.000 USD in einigen Jahren wäre nicht sonderbar, wenn man es mit dem Dotcom-Hype und dem Zyklus vergleicht, den wir damals hatten.

The 10 most promising cryptocurrencies in 2021

Jakub Dziadkowiec presents his list of the ten most promising cryptocurrencies for investment for 2021.

These ten projects, out of 8,000 existing cryptocurrencies, present interesting prospects for return on investment.

Macroeconomic data indicates that 2021 will be a unique year for the cryptocurrency market.

We are already in 2021, the first year of this new crypto cycle, almost entirely bullish in nature. I took a closer look at the industry to come up with a list of the top ten most promising pieces for the year.

Which projects are most likely to succeed? Can the parabolic hikes of 2020 continue? Where is the best place to invest smartly and reduce the risk of failure while increasing your profit potential? Which crypto projects will peak in 2021? This is what we will see below.

The methodology of this ranking of the 10 promising cryptocurrencies

When selecting projects for the top ten cryptocurrencies competing for 2021, I used three criteria. While these rankings are arbitrary, I give the reader the opportunity to rate the list for himself by revealing my methodology.

These three criteria are as follows:

Position in the ranking of CoinMarketCap

The set of coins I present includes projects established in the Top 30 Cryptocurrency list, according to CoinMarketCap, with a good reputation and transparent trading history.

The goal of the analysis was not to search through thousands of cryptocurrencies to identify risky gems that could reach 100x, 1000x, or even 10,000x next year.

They could also drop to zero. I prefer to identify some of the more reliable projects with the best risk / reward ratio.

Annual return on investment graph

The chart contains historical data on some cryptocurrencies and compares the return on investment (ROI) that investors could have achieved in 2020.

Benjamin Cowen is a commentator who frequently refers to this graphic. In the video below, he indicates the cryptocurrencies that had the best return on investment from March to December 2020. LINK, VET and ADA are the top three, followed by XLM and ETH.

Opinion of crypto market experts

This is the most arbitrary criterion. There are all kinds of influencers, commentators, and analysts in the cryptocurrency arena, but there is certainly no consensus on who unmistakably an authority is.

Thus, we are only referring to a few people, like Cowen, Kevin Svenson, and Lark Davis.

The description of each coin includes a brief overview of its specification and rationale, the latest news that suggests a strong entry into 2021, and a paragraph on long-term price action.

The top ten cryptocurrencies competing for 2021 start with the king himself of the market : Bitcoin (BTC).

Created in early 2009 by Satoshi Nakamoto , the first cryptocurrency is, in fact, a decentralized and distributed ledger in which users send funds directly to each other, peer-to-peer, without an intermediary.

There is no need to convince anyone who has been around the cryptosphere for some time that investing in BTC pays off. All the more recently, when on December 16, Bitcoin exceeded $ 20,000, and its all-time high dating from 2017 (ATH).

Bitcoin is one of the most profitable assets in history so far, outperforming big names like Amazon, VISA , Microsoft and JP Morgan in many ways in terms of return on investment.

Bitcoin is ‚more a religion than a solution,‘ according to billionaire Mark Cuban

„No matter how much BTC fans want to pretend it’s a protection against apocalyptic scenarios, it’s not.

The billionaire who once said that bananas are a better medium of exchange than Bitcoin is asserting his view that crypto is more of a collectible financial asset than a reliable one.

Bitcoin Over $20,000: Bullish and Bullish

2020 has been a great year in terms of institutional adoption of Bitcoin (BTC). Companies such as MicroStrategy and Grayscale significantly increased their holdings of cryptomoney, while individuals associated with traditional finance (such as CNBC’s Jim Cramer) found themselves changing their minds about owning cryptomoney. Still, the asset has its detractors.

In a Dec. 8 interview with Forbes, Dallas Mavericks owner Mark Cuban said that cryptomoney users should not look to Crypto Bull as a protection against apocalyptic scenarios. He also believes that crypto is unlikely to replace fiat currency in the short term.

Bitcoin is a „convex bet,“ says the CEO of an institution with $600 million exposure to BTC

„Bitcoin is] a reserve of value like gold that is more a religion than a solution to any problem,“ Cuban said. „Countries will take measures to protect their currencies and their ability to collect taxes, so the more people believe that this is more than just a store of value, the more risk they face of government intervention.

Cuban’s comments came when Bitcoin’s price was below $19,000. Since then, the asset has reached new all-time highs, topping $20,000 for the first time in history and trading above $23,000 by the time this story is published.

UK Investment Manager Shifts Focus from Gold to Bitcoin in „Defensive Move

The billionaire claimed that commodities such as bananas offered more benefits than Bitcoin, but still recognized it as an „investment asset:

„A banana is more useful, potassium is a valuable nutrient for all the people on the planet, but as long as people accept BTC as a digital version of gold, it can be invested.

Peter Schiff will start buying Bitcoin when its price reaches $50,000, according to Max Keizer

Mark Cuban has an estimated net worth of $4.2 billion. He claimed to own approximately $130 in Bitcoin in August 2019 from the purchase of tickets and merchandise from the franchise. Since BTC’s price remained below $12,000 that month, Cuban’s cryptoactives could easily have doubled if he still had them.

Melon Protocol’s renowned Enzyme Finance, the MLN token gained 960% in 2020

Melon Protocol will launch version 2, renamed Enzyme Finance.

It promises new features, speed and cost-saving features.

The MLN token has skyrocketed in 2020, beating the majority of its DeFi comrades

Melon, the decentralized on-chain asset management protocol, is in the process of renaming itself on a theme closer to DeFi , called Enzyme Finance. Its MLN token was one of the top performers in 2020.

In short, Melon Pro allows individuals or organizations to manage their wealth and that of third parties on a decentralized asset management platform. It was founded in 2015 according to his blog post, and was named Melon from the Greek word meaning future, due to his ambitions at the time.

The Bitcoin Revolution software behind the fund management platform is now renamed Enzyme Finance. This name was chosen as a metaphor for how enzymes catalyze reactions while being made of related components.

They’re associated with speed, processing, simplicity, and fundamentals, whatever we want Enzyme to be. A fundamental infrastructure layer for the asset management industry.

The rebranding process from Melon to Enzyme Finance has started!

This, along with the upcoming v2 launch, marks a new chapter in Rocket on-chain asset management.

La version 2 d’Enzyme

It will be a gradual rebranding over the next four to six weeks, the statement added. The platform is currently being redesigned and will be relaunched with Enzyme v2. Enzyme Finance will be powered by existing MLN tokens but there will be no migration of these despite a change of logo.

The launch of version 2 is scheduled for the end of this year but no concrete date has yet been announced. It will bring a number of feature updates and a rework to the tokenomics. Some of the expected features include a much larger token base that users will be able to interact with, interaction with lending protocols and yield culture, and the ability to interact with pools of automated market makers ( automated market maker or AMM).

It will also be possible to convert funds into other currencies and stablecoin , speed up transactions and lower fees, and pool cash for transactions.

MicroStrategy quiere ofrecer 400 millones de dólares en bonos convertibles para comprar más Bitcoin

MicroStrategy anunció la propuesta de una oferta privada de 400 millones de dólares de senior notes convertibles, con la intención de comprar aún más Bitcoin (BTC)

MicroStrategy está acaparando MUCHO Bitcoin, y viene a por más. La corporación acaba de revelar que está buscando financiación para adquirir un alijo adicional de Bitcoin.

La compañía compartió la información en un anuncio oficial en su página web el 7 de diciembre de 2020. Según el comunicado de prensa, MicroStrategy estaría contemplando una oferta privada de 400 millones de dólares en senior notes convertibles, con la idea de aumentar sus reservas de Bitcoin:

MicroStrategy tiene la intención de invertir los ingresos netos de la venta de las notas en Bitcoin Trader de acuerdo con su Política de Reserva del Tesoro hasta que se identifiquen las necesidades de capital de trabajo y otros propósitos corporativos generales.

MicroStrategy está buscando formas de conseguir más Bitcoin

Los bonos convertibles son pagarés que, además de representar una deuda, pueden utilizarse para fines adicionales como inversiones, compras y comercios. La diferencia entre los pagarés convertibles y los pagarés a la vainilla es que los titulares pueden recibir beneficios adicionales como un tipo de interés y la pignoración de la garantía subyacente (si procede)

Los billetes de MicroStrategy vencerán en diciembre de 2025 y la empresa podrá comprarlos en efectivo en diciembre de 2023. Los tenedores de las notas recibirán intereses dos veces al año, el 15 de junio y el 15 de diciembre de cada año, a partir del 15 de junio de 2021.

El anuncio llega sólo dos días después de que MicroStrategy comprara 50 millones de dólares en Bitcoin a un precio aproximado de 19.427 dólares por token, para un total de 2574 BTC. Además, este anuncio sigue a dos compras de casi 500 millones de dólares unos meses antes.

La compañía tiene actualmente 40.824 bitcoins bajo gestión. Para poner las cosas en contexto, esa cantidad representa casi el 0,2% de todos los bitcoins que han existido alguna vez, el 0,22% del total de bitcoins en circulación hoy en día, y casi el 0,3% del total de bitcoins disponibles – excluyendo los que se pierden para siempre según las estimaciones de Unchained Capital en 2018.

¿Cuánto tiempo puede durar el „efecto microestrategia“?

Aunque es arriesgado, el movimiento representaría un fuerte respaldo a la naturaleza de Bitcoin como una inversión rentable. Las decisiones de MicroStrategy han aumentado su valor en casi un 100%, causando un efecto similar en el precio de Bitcoin.

¿Pero cuánto tiempo puede durar esta simbiosis? Un accidente como el que ocurrió en 2018 podría traer graves problemas a la compañía si ocurre en cualquier momento durante los próximos 5 años. Sin embargo, por ahora, los mercados están tomando las cosas con optimismo. El índice Crypto Fear & Greed está en su punto más alto desde su lanzamiento, con inversores que son 95% codiciosos, mostrando que por ahora, aunque BTC está cerca de su ATH, los inversores están en un fuerte ánimo alcista.

Michael Saylor, CEO de MicroStrategy, compartió el anuncio en sus medios sociales, y Crypto Twitter espera para responder. Los memes, los tweets divertidos y las expresiones de sorpresa inundaron rápidamente la línea de tiempo de Saylor.

Y hay una razón para tal entusiasmo: muchos criptoinfluyentes sostienen que las inversiones institucionales son un factor clave para la adopción global del criptograma… y la valoración.

New York Times looks into accusations of racism at Coinbase

Coinbase hiring statistics show that hiring is continually below average in terms of people of color.

Black employees claim to be treated unfairly, individually and systematically.

Does society’s view of corporate social responsibilities encourage unprofessional behavior?

Coinbase founder Brian Armstrong and the company’s “celebrity culture” leave the company exposed to accusations of racism.

Coinbase , the largest U.S. cryptocurrency exchange by volume, was the subject of a Nov. 27 New York Times article on racial issues within the company. The media point to waves of departures of black employees and a still low percentage of hires of people of color.

Coinbase denies en bloc

Bitcoin Trader denies that there are systematic racial issues in the business. The company reportedly hired outside consultants and conducted internal investigations into complaints from current and former black employees. However, these reviews could not confirm the allegations.

Coinbase’s hiring records show that black employees consistently make up around three percent of its workforce. Depending on the field chosen in official employment statistics , this represents between half and a third of the sector average. In addition, business expansion had no effect on this percentage. The authors note that other tech companies, such as Square, PayPal, and Twitter, have made efforts to increase the share of black employees in their businesses.

A tormented summer

Systematic racism became a hot topic at Coinbase in early summer 2020. The police murder of George Floyd in Minneapolis, Minnesota sparked months of protests. It has also led to a reexamination of systematic racism in many communities and businesses in the United States.

According to the article, black Coinbase employees were offended by the silence of their own superiors on this issue. After a meeting arranged with company executives, Brian Armstrong said:

There was this outpouring of questions like, „Why doesn’t society cover me?“

After summer comes autumn

The rapprochement process did not last long. A subsequent email mentioned a diversity and inclusion plan, but also an intensification of the tutorial aspect, which goes directly against the company’s ethics of: “What can you bring from the first day? ” In September, however, in a blog post , Brian Armstrong decided to focus on the business and its mission.

The New York Times article focuses on one line in particular from this post: “We don’t engage here when the issues are not related to our primary mission.” According to the article, that single sentence angered many employees.

Coinbase’s vision, broad or narrow?

His September post outlines Brian Armstrong’s vision for the company, its employees, and their relationships with the outside world. In particular, Mr. Armstrong views Coinbase, as argued by its articles and other communications, as a result of a narrowly defined interpretation of the company’s goals and mission as openly stated in its documents.

CCB corregge i rapporti sulle obbligazioni Blockchain … e dice un grosso „no“ a BTC

Giorni dopo che i media di tutto il mondo hanno riferito che la filiale di Labuan della China Construction Bank (CCB) aveva emesso i primi titoli in RMB della nazione alimentati da blockchain, la banca in questione si è mossa per negare la veridicità dei rapporti, aggiungendo che non ha collegamenti con „criptovalute incluso bitcoin „.

Sebbene la banca non neghi l’esistenza delle obbligazioni, o il suo collegamento con la loro emissione, ha tenuto a precisare che si tratta semplicemente del „lead arranger“ e del „lead advisor“ del progetto, con l’emissione effettiva che avviene tramite una società denominata Longbond e negoziabile sulla Borsa Fusang .

La filiale di Labuan della banca ha fatto l‘ annuncio sul suo sito web CCB Malaysia , affermando:

“La filiale NON è l’emittente dell’obbligazione. […] La filiale NON accetta criptovalute, incluso bitcoin, per il regolamento in nessuna delle sue transazioni bancarie. “

Labuan è un’isola del paradiso fiscale in Malesia

L’emissione – che dovrebbe avvenire a partire da oggi – ha fatto notizia in tutto il mondo. E gli acquirenti di obbligazioni saranno effettivamente in grado di acquistare obbligazioni di 100 USD e oltre, utilizzando USD o BTC, solo non tramite la banca stessa, ma piuttosto l’exchange con cui ha collaborato. Una dimensione obiettivo del programma totale di 3 miliardi di dollari.

Ma le testate giornalistiche di tutto il mondo, compresi molti in Cina, avevano, sembrava dedurre la banca, aver erroneamente riferito che l’emittente era la stessa BCC.

Questi includevano artisti del calibro del Financial Times, che recitava con il titolo: „China Construction Bank emetterà obbligazioni offshore basate su blockchain“

Secondo un comunicato dell’11 novembre di Fusang, Longbond è una società per azioni e „uno Special Purpose Vehicle di cartolarizzazione istituito con l’unico scopo di emettere obbligazioni digitali e depositare i proventi presso CCB Labuan“. Lo scambio ha aggiunto che CCB Labuan avrebbe agito come „sponsor dell’elenco per l’accordo“.

L’annuncio non specificava da chi fosse stato istituito Longbond. Cryptonews.com ha contattato CCB per un commento.

La natura appassionata della negazione del CCB sembra indicare che mentre il fervore per tutto ciò che riguarda la criptovaluta rimane alle stelle in Cina, le banche e altre grandi aziende hanno ancora paura di invocare l’ira di Pechino, che ha messo in atto una repressione quasi totale della criptovaluta a settembre 2017 e sta ora lavorando al suo yuan digitale.

Former Microsoft official convicted of Bitcoin tax fraud

Volodymyr Kvashuk, a former Microsoft employee, convicted yesterday of tax fraud involving Bitcoin

Kvashuk was accused of fraud against his employer, Microsoft, for more than $10 million. The IRS reported that Kvashuk’s case was the country’s first bitcoin case involving tax fraud. The Microsoft engineer worked with the Washington-based technology company between August 2016 and June 2018.

During that time, he misused his access privileges to the company’s online sales platform. Kvashuk took advantage of his position to steal digital gift vouchers and profited by trading them on the Internet.

 

From his earnings, he bought a $160,000 Tesla as well as a $1.6 million house and hid the evidence of the crimes using his colleagues‘ email accounts. He also used a bitcoin mixer to process the winnings from the gift card sales and overshadow the paper trail.

When filling out the returns, he reported that the receipts were gifts from a relative. He grouped the taxable income from bitcoin into gifts, as they are not taxable according to the US tax code.

Upon completion of the case, Ryan L. Korner, an IRS-CI Special Agent, commented: „Simply put, today’s sentence proves that you can’t steal money over the Internet and think Bitcoin will hide its criminal behaviour. Our complex team of cyber crime specialists, with the assistance of the IRS-CI Cyber Crimes Unit, will hunt you down and hold you responsible for your mistakes“.

Kvashuk has been found guilty of a total of 18 crimes, i.e. 6 counts of money laundering and 2 additional counts of filing false tax returns, among others.

 

The US Department of Justice said: „During Kvashuk’s seven months of illegal activity, approximately $2.8 million in Bitcoin was transferred to his bank and investment accounts. Kvashuk then filed false tax return forms claiming that Bitcoin had been a gift from a relative“.

The 26-year-old was fined $8,344,586 and there is a possibility that he will be deported after serving his sentence. The lawyer’s office noted: „Stealing from your employer is bad enough, but stealing and making it look like your colleagues are to blame increases the damage beyond dollars and cents.

Hashreit Bitcoin fell to a three-month low

The activity of the bitcoin miners continues to update lows, the network hash rate on Saturday 31 October fell to 116 exahes per second (EH/s).

The last time this amount of computing capacity used to extract cryptocurrency was at the end of July 2020. However, there is no reason to panic, says Garrick Hilleman, representing the Blockchain.com team.

This company, which appeared in 2011, introduced the term „hashreite“ for the first time. This term is used by researchers to determine the level of Bitcoin miner activity at a specific time interval.

Hillemann emphasized in an interview with Crypto Superstar that hashreight is a very volatile indicator. Whereas in March it fell to 75 EH/s, it started to rise again after the May halving (reduction of the miners‘ award), reaching a historic high on 25 September (161 EH/s).

Another rapid drop occurred at the end of October. Many researchers linked this trend to the termination of the miners in Sichuan Province, where the rainy season had ended.

According to Hillemen, the collapse of the hashreite has no effect on the market position of the bitcoin.

He added:

So for me it is not a serious problem. It’s interesting data, but we have seen other falls after halving.