Ripple CTO: Es ist nicht so, dass die Gesetze schlecht sind, es ist so, dass sie vage sind

Chief Technology Officer bei Ripple und XRP Ledger Architekt David Schwartz sagte in einem aktuellen Interview, dass US-Regulierungsgesetze in Bezug auf Krypto-Assets sind „vage“. Diese Kommentare wurden gemacht, im Zuge der neuen Klage der Securities and Exchange Commission gegen Ripple, die behauptet, dass das Unternehmen und zwei seiner Führungskräfte über $1.3 Milliarden durch eine nicht registrierte „Wertpapierangebot.“ Schwartz bestritt jedoch, dass Ripple irgendwelche illegalen Aktivitäten durchgeführt hat. Stattdessen sagte er, dass die Firma nur nach „den Parametern“ gesucht habe.

In einem kürzlich geführten Interview mit David Gokhshtein sagte der CTO:

„Es ist nicht so, dass die Gesetze schlecht sind, es ist so, dass sie vage sind. Und wie ich bereits gesagt habe, scheinen die Vereinigten Staaten eines der wenigen Länder zu sein, in denen die Regulierungsbehörden sich umdrehen und sagen: ‚Oh, du hättest erkennen müssen, dass das, was du tust, illegal ist.'“

Zusätzlich sagte der CTO, dass er kein Maximalist sei und glaubte, dass die Technologie hinter vielen Krypto-Projekten immer noch „sehr unreif“ sei, fügte er hinzu:

„Eines der Dinge, die mich beunruhigt, vor allem über Maximalisten, ist, dass Sie irgendwie versuchen, Bitcoin durch und knallen die Tür hinter Ihnen oder bekommen Ethereum durch und knallen die Tür hinter Ihnen.“

Er verriet weiter, dass er nicht ganz an den Krypto-Minimalismus glaubt und dass ein einziges Projekt das Ökosystem dominieren könnte. Allerdings, Schwartz war der Meinung, dass die krypto-Ökosystem haben könnte, bessere Projekte, die möglicherweise auf XRP.

Neben XRP, Schwartz offenbarte seine nehmen auf Ethereum und Bitcoin, früher am 4. Dezember. Ihm zufolge, Ethereum hat eine „unglaublich starke Entwickler-Community und die beste DeFi Ökosystem.“ Auf der anderen Seite, er sagte Bitcoin-Technologie benötigt Verbesserung zu vermeiden, veraltet zu werden.

How Elon Musk catapulted the DOGE up 25% today

Thanks to a short tweet from the Tesla boss, the Dogecoin shot up today.

The joking crypto currency Dogecoin ( DOGE ) gained almost 25% on December 20th, after Tesla CEO Elon Musk once again drew the community’s attention to the „Meme-Coin“.

At irregular intervals, Musk, who himself was involved in founding PayPal and accordingly has specialist knowledge of digital payment systems, repeatedly speaks about Bitcoin Loophole review and the crypto market, to which he usually reacts noticeably.

In July 2020, Musk had proclaimed the “Dogecoin Standard” analogous to the gold standard , which gave the DOGE a jump of 14%

The reason for such a gain after a tweet from Musk is easy to explain. As crypto market researcher Hasu explains , the prices of the crypto market are “driven by attention”. So if a cryptocurrency suddenly gets more attention, and Musk is one of the most colorful personalities in business and social media, then its price will rise significantly in the short term.

In the middle of it all, he suddenly wrote, „I’ll only say one word: Doge“, which in turn triggered a hype on crypto Twitter. The Dogecoin immediately made it into the trends of the social network, especially after the Tesla boss wrote „former CEO of Dogecoin“ on his Twitter résumé.

According to data from CoinMarketCap, the Dogecoin currently has a market capitalization of $ 549 million. Compared to the big crypto currencies Bitcoin, Ether ( ETH ) and some DeFi cryptos, this market value is still relatively small.

The DOGE ranks 44th among the cryptocurrencies, which means that the trading volume and liquidity of the coin are also significantly lower

Because of these conditions, the tweet of a prominent figure like Musk can make it all the easier for the DOGE rate to suddenly skyrocket.

In November, some altcoins had made a similar price jump when the soaring of Bitcoin drew increased attention to the crypto market. In the slipstream of the market leader, XRP was able to climb to 0.90 US dollars.

DOGE as the starting signal for the Altcoins?

Some crypto analysts point out that considerable upswings in the DOGE in the past have always been finger time for a subsequent uptrend in altcoins as a whole. This is how the trader notes „Crypto Capo“:

„Every old season begins with a high for DOGE.“

The probability that the „alternative cryptocurrencies“ (Altcoins) will go up in the near future is high, because the market leader Bitcoin is facing fierce resistance at the 25,000 US dollar mark .

In this regard , the expert explains that Bitcoin will initially fail at the 25,000 US dollar hurdle, which means that it goes back to support at 21,000 US dollars. From here an upswing of up to US $ 30,000 would be conceivable.

The biggest beneficiary of such a scenario would again be the altcoins, because, as Capo believes, traders would switch to riskier cryptos in this case to compensate for Bitcoin’s dwindling chance of profit.

The current upswing of the DOGE could once again prove to be the starting signal for the Altcoins.

Pourquoi l’encierro de Bitcoin est bel et bien là

Les cycles des bitcoins ont évolué au cours de la dernière décennie, une évolution qui a été assez similaire à celle de Bitcoin en tant qu’actif.

La maturité des investisseurs du marché, mais aussi la perception de Bitcoin en tant que classe d’actifs, sont également évidentes.

Si l’année 2020 a prouvé quelque chose, c’est que Bitcoin est un actif résistant qui a intéressé de nombreux acheteurs institutionnels. De la MicroStrategy aux particuliers fortunés, tous ont cherché à investir dans Bitcoin dans le cadre de leurs activités à long terme.

Si le passé a suffisamment bien fait les choses pour prouver la valeur de Bitcoin, voyons ce que l’avenir lui réserve.

Le rapport de décembre de Delphi Digital explique bien pourquoi l’avenir de Bitcoin est glorieux.

Cycles UTXO

UTXO fait référence aux transactions de bitcoins non dépensés et donne une bonne idée des hodleurs et donc de l’accumulation. Plus l’accumulation est importante, plus elle est haussière.

Sur le graphique ci-joint, on peut voir le prix de Bitcoin [en blanc] et la ligne UTXO à 1 an et plus [en bleu]. Il y a des lignes violettes et vertes qui représentent respectivement le pic du cycle précédent et le pic du prix.

Les cercles violets mettent en évidence l’expansion du prix entre la ligne violette et la ligne verte, l’une représentant l’encerclement du taureau. Le dernier pic d’UTXO a été observé en septembre 2020, une constatation qui indique le début d’un nouveau „bull run“ basé sur les cycles d’UTXO.

Sur la base des pics susmentionnés, le tableau ci-joint met en évidence la façon dont les rendements de Bitcoin ont été après le pic.

Quel est donc le principal facteur à prendre en compte ici ? Eh bien, ces deux résultats montrent que l’encierro a déjà commencé, sur la base des cycles des UTXO.

Soutien supplémentaire

Mais ce n’est pas tout, car les recherches d’AMBCrypto sur les cycles de bitcoin montrent également que l’encierro de bitcoin est inévitable. Le prochain cycle de taureaux a commencé et un cycle à six chiffres n’est pas seulement un coup de chance, mais il est possible, surtout si l’on considère l’afflux initial de capitaux des institutions.

En fait, le modèle S2F indique également un „bull run“, qui fera passer Bitcoin à la fourchette des six chiffres à son apogée.

Un fil pour corriger, faire rebondir et atteindre de nouveaux sommets

Un fil pour corriger, faire rebondir et atteindre de nouveaux sommets

La finance semble prête à se retirer malgré l’action haussière en cours sur le marché des cryptocurrences.

  • La finance se négocie à un niveau de prix critique qui pourrait avoir la force de déclencher une forte baisse.
  • L’indicateur séquentiel TD ajoute de la crédibilité aux perspectives baissières après avoir présenté un signal de vente sur le graphique de 2 heures.
  • Si les ordres de vente commencent à s’accumuler, le prix de YFI pourrait chuter à 21 500 dollars avant de reprendre sa tendance à la hausse.

Les niveaux extrêmes de „cupidité“ sur le marché des cryptocurrences continuent de menacer les pièces de premier rang, y compris les jetons dits „blue chip“ de DeFi. Par coïncidence, le yEarn.Finance est en train de former de multiples modèles baissiers, ce qui laisse supposer qu’une correction est en cours.

yEarn.Finance va s’effondrer avant de réaliser de nouveaux gains

Bien que Bitcoin ait volé la vedette à la crypto en raison de son impressionnante course vers de nouveaux sommets, plusieurs altcoins Bitcoin Fortune sont sur le point d’être corrigés avant d’atteindre des sommets plus élevés.

Le jeton DeFi YFI est exemplaire à cet égard. L’indicateur séquentiel TD présente maintenant un signal de vente sur le graphique de 2 heures de yEarn.finance.

La formation baissière s’est développée comme un chandelier vert à neuf branches. Une pointe de pression à la baisse pourrait aider à valider ce schéma technique, ce qui conduirait à une correction de un à quatre chandeliers de 2 heures.

Mais si le nombre d’ordres de vente est suffisamment important, un nouveau compte à rebours vers un chandelier rouge pourrait commencer.

Une telle perspective pessimiste permettra aux investisseurs marginaux de réintégrer le marché et propulsera les IFJ vers de nouveaux horizons. En effet, une baisse vers 21 450 dollars créerait l’épaule droite d’un schéma tête-épaules se formant dans le même laps de temps.

Si ce niveau de soutien permet de contenir la chute des prix, alors le fil… La finance va probablement monter en flèche jusqu’à l’encolure de cette formation technique à 26 650 dollars. Le franchissement de cette barrière de résistance signalera une percée de 31% vers 35 000 dollars.

La cible haussière est déterminée en mesurant la distance entre la tête et l’encolure et en l’ajoutant au point de rupture.

Malgré la forte probabilité d’un retracement avant des sommets plus élevés, le modèle „In/Out of the Money Around Price“ (IOMAP) d’IntoTheBlock révèle que la finance ne rencontre que peu ou pas de résistance.

Sur la base de cette mesure de la chaîne, le seul obstacle significatif à l’offre se situe autour de 28 000 dollars. Ici, environ 800 adresses avaient déjà acheté plus de 470 YFI.

Entrées et sorties d’argent autour du prix par IntoTheBlock

Un pic dans les ordres d’achat qui pousse le jeton DeFi au-dessus de sa résistance aérienne pourrait invalider les perspectives baissières à court terme.

Dans de telles circonstances, la DeFi pourrait atteindre le sommet de novembre, soit 30 000 ou même 31 300 dollars.

Bitcoins nästa prismål kan vara 74 000 dollar, säger teknisk analytiker

Todd Gordon, grundare av TradingAnalysis.com, har hävdat att nästa prismål för flaggskeppets kryptovaluta bitcoin är „cirka 74 000 $“ baserat på Elliott Wave-teorin.

Medan han talade om CNBC: s “ handelsnation “ konstaterade Gordon att det är svårt att ge BTC ett grundläggande värde „för det finns ganska mycket en begränsad tillgång“, eftersom endast 21 miljoner bitcoins någonsin kommer att produceras. I ett försök att se vart priset på Bitcoin Bank kunde vara på väg, använde Gordon Elliott Wave-teorin .

Han sa:

Det är ett underbart sätt att värdera krypto eftersom Elliott Wave är tänkt att upptäcka herdingmentalitet och känslor som driver priset – rädsla och girighet – och det skapar mycket igenkännliga mönster.

Gordon tillade att teorin bygger „på tanken att det finns fem vågor i en primär trend, tre [upp] trender och två mellanliggande korrigeringar.“ Den första vågen som han pekade på inträffade 2014 och följdes av en nedgång 2015 och en uppåtgående trend fram till 2018.

Den fjärde vågen, sade han, bildade ”en slags sidledstriangel” under de senaste två åren, och den femte kan vara den som tar BTCs pris över dess tidigare rekordhöjd. Teorin förutspår enligt uppgift ett „tillförlitligt förhållande“ mellan den procentuella sträckan i den första vågen och den procentuella förändringen i den femte vågen. 2014 steg BTC: s pris 658%.

Den tekniska näringsidkaren drog slutsatsen:

Jag kan inte tro att jag ska gå ut på CNBC och säga detta, men det handlar om 74 000. Elliott-vågen passar mycket bra med … Fibonacci-multiplar. Om den inte vill bli bristfällig kan den gå till 61% av det målet, vilket bara är 34 000.

Vid presstid visar CryptoCompare-data bitcoin handlas till 19 150 $ efter att ha flyttat upp över 160% från år till år. På CNBC gjorde Mark Tepper, VD och koncernchef för Strategic Wealth Partners, också hausseartade BTC-prisprognoser.

VD sa att han fram till nyligen hade behandlat bitcoin som en spekulativ investering som representerade en bråkdel av hans portfölj. Hans tillvägagångssätt förändrades när PayPal och andra börsnoterade företag började komma in i kryptovalutautrymmet.

Enligt hans ord höll bristen på adoption honom tillbaka, men adoption händer nu:

Men … adoption händer och de användare, de PayPal- och Square-användarna, de köper mer bitcoin än vad som faktiskt slår på marknaden dagligen.

The geniuses of Oxford and Cambridge are scrambling to be the best Bitcoin traders

University Bitcoin Trading – Who would have thought that 2 of the world’s top universities would be competing in Bitcoin Future and cryptocurrency just a few years ago? Our dear crypto-assets will, however, be the object of a trading competition. We will therefore see opposing teams from the universities of Oxford and Cambridge.

May the best crypto traders win!

According to an announcement on November 25, students in the mathematics and computer science departments of the UK universities of Oxford and Cambridge will soon compete in an algorithmic trading competition .

This competition, which will last for a month , will pit 15 teams against each other who will have to develop algorithms that will execute transactions on the cash markets of the Coinbase Pro and FTX crypto exchanges .

For this, they will have to go through APEX: E3 , a supplier of multi-asset analyzes for private and institutional investors, which also happens to be the main sponsor of this competition.

“Algorithmic trading is an important use case of many areas of advanced computing (…) turning it into competition, APEX: E3 has created a fun and risk-free way for students to learn more about it. sector and put their creativity and expertise at the service of the specific challenges of this field. „

Dr Quentin Stafford-Fraser, Computer Science Department, Cambridge University

Academics and actors of the cryptosphere at the rendezvous

In addition to the Coinbase and FTX platforms, other players in the crypto-asset sector also participate in the conduct of this inter-university competition: the Swiss stock exchange SIX Digital Exchange , the crypto platform dedicated to institutions LMAX Digital and ConsenSys Mesh , which brings together Ethereum ecosystem development teams (ETH).

“The evolution of financial markets in the 2020s will require new innovations and advancements in the areas of digital assets, as well as in analytical techniques on digital asset data. We must help cultivate talents to contribute to this evolution (…) ”

Tim Grant, CEO of SIX Digital Exchange

To determine which will be the best teams, they will be evaluated on:

Their return on investment ;
Their trading strategy (s) ;
The design of their algorithm .
Each team of students will receive seed money at the start of the competition. As a reward, the winning team will keep this seed capital as well as the returns it will have achieved.

Bitcoin explodes the 10,000 €: who is the boss?

Bitcoin hits a milestone – Bitcoin rose above € 10,000 yesterday. The closing is straightforward, the price is symbolic, but significant for us, dear Europeans. The opportunity for a brief in euro, as we rarely do.

Breathe! Bitcoin is 10,000 euros

BTCEUR pair closed above 10,000 euros yesterday with a nice powerful candle.

Warning ! the crossing of this symbolic price alone should not be price as a buy signal, but as information that will simplify the calculation of a European portfolio.

The close is clear and the price continues to pull higher this morning.

Despite everything, it is not anecdotal either.

Bitcoin is in a period of significant recovery following a bubble burst that lasted for almost 3 years. Historically, he has spent just over 70 days above 10,000 euros.

Another way to express this metric is that whoever bought BTC above 10,000 euros without selling its position has spent the majority of time underwater (underwater) loss.

The next 2 rooms of the dungeon

A price level will remain to be watched due to the possibility of a significant excess of supply over demand, which has already delivered tremendous strength in the battle of recent days. This is the 12,500 euros .

This level corresponds to the last highest local. If we get past them, we’ll start to seriously attack the highs of July 2019. Remember! At the time, we were only talking about Libra, the new replacement for Bitcoin, already fallen.

Beyond the top of 2019, we arrive in the last room of the dungeon, the one where the last boss lives and rages for more than 1,000 days: the top of the bubble of 2017.

I’m not going to teach you what the last boss of a video game is for. They are designed to be undone, by design . We may come to terms with it 1x, 2x, 3x, 10x, but one conviction drives us: we will beat it eventually.

A floating Bitcoin hub on a former cruise ship

Crypto-Fans on board! Not far from Panama’s coast, a floating Bitcoin hub is being built on a former cruise ship.

The company Ocean Builders has acquired a former cruise ship. The special thing about it: The pleasure steamer will be called „Satoshi“ in the future and is to be converted in the Gulf of Panama into a refuge for Bitcoin companies and digital nomads.
Ocean Builders manufactures „floating, off-grid housing units at sea“. In particular, its Chief Operating Officer, Chad Elwartowski, is a supporter of „sea-stading“, according to the Maritime Executive – a news protal of the shipping industry. Seasteaders advocate the creation of living spaces at sea, beyond the reach of governmental influence. Elwartowski, who is a key investor in Satoshi, is also a Bitcoin enthusiast. He describes the goal of the ship project as follows:

We look forward to creating a hub for technology and innovation here in Panama. Our goal is to find out how to live sustainably at sea and to break new ground in this uncharted territory.

Ship conversion as a result of Corona

That the cruise ship formerly known as Pacific Dawn will be a Bitcoin hub in the future is, however, a consequence of the Corona Pandemic, which has hit the cruise industry hard. The Carnival Cooperation group consequently sold the 91-year-old barge in order to consolidate its own fleet.

Ocean Builders took possession of the vessel on November 4. It will be operated in cooperation with the cruise management company Columbia Cruise Services.
Cabins at Bitcoin Hub available soon

Ocean Builders wants to transform the Satoshi into a high-tech innovation center. Bitcoin start-ups will be given the opportunity to apply their technologies in a „controlled environment“. In addition to office space, the ship is also designed as a place to live. Elwartowski explains:

Our idea for families with children is to buy a room with balcony or sea view for the parents and a cheaper room across the hall for the children. We would like to think of the cabin as a bedroom, while your living room is the rest of the ship.

Meanwhile, the living room promises all the comforts of a cruise ship. In addition to cafes, bars and restaurants, you will also find water parks and casions. Bitcoin is of course accepted everywhere as a means of payment.

Ocean Builders plans to start auctioning the cabins on November 5. Over the course of November, 200 of the total of 777 available rooms will be auctioned off. The price is quoted in a range between 25 and 50 thousand US dollars. The buyers will acquire full ownership rights and will have to pay a monthly operating fee. The Satoshi offers space for 2,020 people.

Techbedrijf Square buys 4,709 Bitcoin with 1% of total power

Square bought $50 million worth of bitcoin (BTC). The 4,709 are about 1% of the total assets of the company. The company reports this in a press release.

The company’s move is a logical one. At the helm is Jack Dorsey, besides being CEO of Twitter and Square, he is also an avid bitcoiner.

An example of Dorsey’s convictions: „Bitcoin best candidate for reserve currency on the internet“.

Conviction of Square

In addition to the personal convictions of their director, Square as a company is already busy with bitcoin. Via their Cash App, the company has already sold to BTC for hundreds of millions of dollars.

And now it’s time for the next step: Square sees bitcoin as an instrument that enables people to have more economic freedom. It is a way to participate in a money system worldwide.

Bitcoin

Square CFO Amrita Ahuja: „We think bitcoin has the potential of Wealth Matrix to be the all-encompassing currency of the future“. In their press release, Square states that as a company they would like to serve this new world.

Part of the company is Square Crypto. This separate department focuses entirely on financing the development of the bitcoin protocol. Bitcoin developers are eligible for a donation or even an annual salary if they are building the open protocol.

Jack Dorsey wants to keep open source patents around Bitcoin with an alliance of companies.

In short: the company has a business interest in bitcoin with their Cash App. And they contribute to that in various ways.

However, Square now has an additional reason to bet on bitcoin: part of their assets are in bitcoin.

Bitcoin as a piggy bank

Square is not the only large American company that has recently converted part of its reserves into BTC. In fact, MicroStrategy recently went one step further: a large part of this company’s savings is now in bitcoin. The company has at least 38,250 bitcoin in cash.

Ripple’s CTO reveals it has sold 40,000 ETH for $1 each in the past

Ethereum transaction fees drop 85% in less than three weeks

David Schwartz, Ripple’s technology director, revealed on Sunday (11) that he sold 40,000 Ethereum (ETH) for just US$1 per token in the past – an amount that would be worth US$15.4 million today. At Ethereum’s peak price, this would have been worth US$53.6 million.

Schwartz explained that this decision was part of a ‚de-characterisation plan‘ that he discussed with his wife at the Bitcoin Billionaire time, adding that he also sold Bitcoin (BTC) and XRP for US$750 and US$0.01 per currency, respectively.

„In fact, I am a riskaver with people who depend on me financially and emotionally. Fate made me put a lot of eggs in the same basket,“ Schwartz said in another tweet, adding: „My work, my reputation, Ripple, XRP and so on. I like this basket. But the risk is very high in the whole market of cryptomorphs. I’m too rational to pretend otherwise and suggest others to do the same“.

The 40,000 ETH that I sold at $1 was all me though.

– David Schwartz (@JoelKatz) October 11, 2020
Schwartz is far from being the only one who has sold his cheap cryptomorphs in the past. Perhaps the best known example is Laszlo Hanyecz, a Florida programmer who also contributed the Bitcoin source code. In May 2010, he paid 10,000 BTC, worth about US$115 million today, for two pizzas.