Bitcoin ist jetzt „zu wichtig, um es zu ignorieren“, sagt die Deutsche Bank

20. März 2021 / admin / 0 Comments

Der globale Bankenriese Deutsche Bank erwartet, dass die Regierungen Bitcoin Ende 2021 regulieren werden.

Die Marktkapitalisierung von Bitcoin ( BTC ) von 1 Billion US-Dollar und das Potenzial für weiteres Wachstum haben die Kryptowährung laut Analysten der Deutschen Bank „zu wichtig, um sie zu ignorieren“

Deutsche Bank Research, die Finanzforschungstochter des globalen Bankengiganten Deutsche Bank, veröffentlichte einen exklusiven Bitcoin- Bericht mit dem Titel „Die Zukunft des Zahlungsverkehrs: Serie 2 Teil III. Bitcoins: Kann der Tinkerbell-Effekt zu einer sich selbst erfüllenden Prophezeiung werden? “

In der 18-seitigen Studie beschreibt die Deutsche Bank Research die grundlegenden Merkmale von Crypto Revolt und analysiert die Haupttreiber des historischen Preiswachstums für einen Vermögenswert von 1 Billion US-Dollar .

Analysten der Deutschen Bank schlugen vor, dass der Bitcoin-Preis „weiter steigen könnte“, solange Vermögensverwalter und Unternehmen weiterhin in den Markt eintreten

Das Unternehmen betonte, dass Zentralbanken und Regierungen nun „verstehen, dass Bitcoin und andere Kryptowährungen hier bleiben werden“ und daher voraussichtlich Ende 2021 mit der Regulierung beginnen werden.

Trotz der steigenden Bewertung könnte das Wachstum von Bitcoin als Anlageklasse durch seine „immer noch begrenzte“ Handelbarkeit und Liquidität behindert werden, warnte Deutsche Bank Research. „Die eigentliche Debatte ist, ob steigende Bewertungen allein Grund genug für Bitcoin sein können, sich zu einer Anlageklasse zu entwickeln, oder ob seine Illiquidität ein Hindernis darstellt“, erklärten die Analysten.

Bitcoin wird voraussichtlich kurzfristig „ultravolatil bleiben“, schlussfolgerten die Analysten der Deutschen Bank und prognostizierten einen Wendepunkt für Bitcoin in den nächsten „zwei oder drei Jahren“, da sich ein Konsens über seine Zukunft ergeben könnte.

The GameStop affair: the start of an ascent for cryptocurrencies?

11. Februar 2021 / admin / 0 Comments

Using Reddit and social media, amateur traders have coordinated their efforts to buy GME stock and drive up the price.

Robinhood has blocked the option to buy GME and other stocks considered volatile.

It will therefore be more complicated to manipulate the market

As the cycle of crazy news on GameStop and WallStreetBets continues and becomes more and more unlikely, I have started looking back to try and make sense of what is going on.

Pyrrhus, in ancient Greek, was „more tyrannical than majestic,“ according to Plutarch. This business of amateur traders, GameStop, cryptocurrencies and hedge funds, reminded me of Pyrrhus.

(Note: Pyrrhus was the Hellenistic King of Epirus whose military successes against Rome and Macedonia resulted in the commonly used phrase “Pyrrhic Victory.” This is why it can be applied to the GameStop and WallStreetBets triumph. .)

At this point, everyone knows the story. Amateur traders, whose numbers have grown during the pandemic thanks to more free time and easy-to-access apps like Robinhood , have found that a number of hedge funds have taken short positions on Bitcoin Billionaire, a few other stocks, and some cryptocurrencies.

Using Reddit and social media, amateur traders coordinated their efforts to buy GME stock and drive the price higher . The result (at one point, a 1,700% increase), caught the world’s attention.

It was David against Goliath, in the middle of Covid! The pandemic has created record inequalities in the United States. The rich got richer and almost everyone was left behind. This could draw attention to cryptocurrencies.

Robinhood gives up

So you thought this GameStop affair could be a good opportunity to get up to speed. With all of this information, it would be difficult to interpret what happened as anything other than deep tensions that could lead to more dangerous things.

How was the situation handled? Robinhood, the app named after the hero famous for stealing from the rich to give to the poor, blocked its users‘ option to buy GME and other stocks the company saw as volatile.

While amateur traders could no longer buy, hedge funds had free rein to sell, which allowed them to optimize, lower the price and hedge their damage. Robinhood’s excuse? It depends on when you ask them, why not turn to cryptocurrencies?

Robinhood CEO Vlad Tenev initially denied that the company had shut down due to cash flow issues , only to change his mind a few days later. You would think that sort of thing would spark outrage, even investigation. While voices from all walks of life spoke about what was going on, there was also something quite disturbing.

Jimmy Kimmel looks for those responsible

An example can be seen on Jimmy Kimmel’s US Tonight Show on Friday, February 5. Describing the GameStop situation, Kimmel said :

“Despite a sharp drop in sales, over the past six months the [GameStop] share price has risen 8,000% because a group of amateur investors, possibly even Russian disruptors, who are doing part of a Reddit community called WallStreetBets, decided to buy a lot of stocks, and therefore to raise the price and beat the hedge funds that had taken a short position in the stock ”.

Now, giving Kimmel the benefit of the doubt, I’ve tried to find articles mentioning these potential “Russian disruptors” behind the GameStop manipulation. Not only is there no mention in all the major media, not even the small media published anything about the Russians.

So how can Jimmy Kimmel – as we collectively revel in the visible damage caused by the spread of conspiracy theories and fake news – can come before his audience of millions of Americans and suggest without any evidence that he is was the work of Russian saboteurs?

ETH price at record highs, Yellen criticises cryptocurrencies, BTC nodes at record numbers and much more. A summary of the most important cryptocurrency news of the week.

22. Januar 2021 / admin / 0 Comments

In a partnership between Blockchain Summit Latam and Cointelegraph en Español, we present the 5 cryptocurrencies that had the biggest impact on the market and the ecosystem in the last days.

Whoever said that days in the cryptomarket are boring, was lying terribly. We finish a new week full of adrenaline and emotions, where the cryptomarkets have left us breathless with strong ups and downs. In the midst of these abrupt changes, important news happened and even some of them were the cause of these movements.

Thanks to a collaboration between Blockchain Summit Latam and Cointelegraph, with Cristobal Pereira, CEO of Blockchain Summit Latam and Latam Tech, and Ezio Rojas, Head of News of Cointelegraph in Spanish, we present a summary of 5 of the news that emerged in the market and ecosystem of Blockchain technology and cryptocurrencies during this week. You can also listen to the podcast here.

Bitcoin récupère son niveau de soutien clé après avoir chuté à 34 500 dollars

11. Januar 2021 / admin / 0 Comments

Bitcoin a été confronté à une correction extrême plus tôt dans la journée.

En l’espace de 12 heures, la cryptocouronne a plongé de la région des 41 000 dollars à des creux sur les bourses au comptant proches de 34 000 dollars et à des creux sur les bourses à terme proches de 35 000 dollars.
La CTB a perdu plus de 15% sur la durée de ce rallye.
La cryptocouronne a depuis rebondi rapidement à la hausse, retrouvant un niveau de soutien clé par les analystes.

Un trader de crypto-monnaie a partagé le graphique ci-dessous après la reprise, notant que Bitcoin Billionaire avait retrouvé un niveau de support technique clé sur son graphique de 15 minutes. Bien que ce ne soit pas la fin de tous les niveaux de support, les analystes sont optimistes et pensent que cet événement technique pourrait contribuer à stimuler la reprise en cours.

Bitcoin récupère son niveau de soutien clé après la baisse du crash flash

Bitcoin a été confronté à une correction extrême plus tôt dans la journée. En l’espace de 12 heures, la cryptocouronne a plongé de la région des 41 000 dollars à des creux sur les échanges au comptant proches de 34 000 dollars. La cryptocouronne a perdu plus de 15% sur la durée de ce rallye.

Beaucoup ont pensé que c’était le début d’une correction plus importante. Même lorsque la cryptocouronne était proche de ses plus bas niveaux, les taux de financement et les primes sur les marchés à terme pour la CTB étaient extrêmement élevés, ce qui impliquait qu’une poursuite de la baisse était de plus en plus probable.

Mais Bitcoin a rapidement rebondi à la hausse, car les acheteurs sont intervenus d’un seul coup.

Selon les analystes techniques, la cryptocouronne a depuis lors retrouvé un niveau de soutien essentiel.

Bitcoin fait cependant face à une certaine résistance qui pourrait mettre un terme à la reprise en cours.

Graphique de l’action des prix de la CTB au cours des derniers jours, par le crypto-trader et chartiste Pierre (@Pierre_crypt0 sur Twitter).

Il est temps de se calmer

Les données en chaîne peuvent cependant montrer que la reprise en cours commence à être surchauffée et qu’une correction à court terme ou une consolidation à moyen terme pourrait suivre. Philip Swift, un analyste de la chaîne, a récemment noté que la cryptocourant atteint des niveaux de surchauffe pour un indicateur clé de la chaîne. En se référant au tableau ci-dessous, il a déclaré à ce sujet

„Je commence à sentir que le marché s’approche maintenant de niveaux de surchauffe. Un point de données à observer est le MVRV Z-score, qui examine les extrêmes dans les ensembles de données entre la valeur du marché et la valeur réalisée… Nous pouvons voir que lorsque le z-score entre dans la zone rouge, il signale un sommet du marché. Nous n’en sommes pas encore là, mais quelques jours de plus de parabole pour le prix et nous y serons“.

Bitcoin a longtemps été confronté à des corrections lors des marchés haussiers. En 2017, la pièce a régulièrement reculé de 20 à 30 % avant d’atteindre de nouveaux sommets.

JPMorgan flip-flops novamente, diz que o bitcoin pode chegar a US $ 100.000 „, mas esses níveis de preço seriam insustentáveis“

5. Januar 2021 / admin / 0 Comments

No início de novembro, JPMorgan quant NIck Panigirtzoglou

– talvez com a tarefa de ser o cético estrategista de bitcoin interno – previu que, com base em indicadores de posição e técnicas, „as posições de sobrecompra de bitcoin por negociadores de momentum, como CTAs poderiam desencadear a realização de lucros ou reversão média flui no curto prazo. “ O Bitcoin, que estava sendo negociado em torno de US $ 14.000, não só não significava reversão ou „realização de lucro“, mas explodiu nas próximas semanas e no final de novembro subiu para o porque de seus máximos anteriores de 2017, negociando apenas abaixo de $ 20.000.

É claro que qualquer um que tenha vendido bitcoin no retorno comercial de Panigirtzoglou não ficou feliz, o que pode explicar por que, menos de três semanas depois, o quant do JPM admitiu que estava errado e lutando para buscar uma narrativa otimista para apaziguar os clientes institucionais do banco que eram agora claramente (principalmente) bitcoins longos, propôs uma tese de paridade com o ouro, segundo a qual há cerca de US $ 42 trilhões em dinheiro circulando, o valor do ouro acima do solo em US $ 12 trilhões é cerca de 27x maior do que a capitalização de mercado do bitcoin hoje, que em seu máximo ainda é de apenas US $ 443 bilhões. Em suma, se o valor do bitcoin atingisse a paridade com o ouro, o preço de um bitcoin teria que aumentar para $ 650.000 de seu preço atual de $ 24.000.

Desta vez, Panigirtzoglou – que desistiu de tentar justificar o movimento implacável mais alto com fundamentos, técnicas ou qualquer metodologia convencional – acertou direcionalmente, e o bitcoin quase dobrou de seu preço de $ 18.000 no final de novembro para um novo recorde histórico de $ 33.600 acertados no domingo.

O que nos traz até hoje, quando aparentemente ansioso para repetir seu erro de dois meses atrás, quando ele prematuramente encerrou a corrida recorde de bitcoin, Panigirtzoglou publicou um novo relatório perguntando em „O bitcoin já se igualou ao ouro?“ (alerta de spoiler: não por um longo, longo curto … mas como de costume, o JPM tem sua própria teoria).

Qual é a última tese do JPM? Bem, tendo falhado em detectar o ponto de inflexão no preço do bitcoin usando „técnicas e impulso“, Panigirtzoglou agora mudou e, em vez disso, está contando com a avaliação para dizer a ele se o preço da criptografia é muito alto. Sim, um quant bancário está usando a „avaliação“ de uma unidade monetária alternativa fiduciária intangível como base para um reco comercial. E nos perguntamos por que quase ninguém mais lê pesquisas vendidas.

Em qualquer caso, na última tentativa do JPM de chamar o que pode ser o ponto de inflexão de preços mais importante no mundo hoje, o JPM quant escreve que após a tremenda corrida do bitcoin nas últimas semanas – nas costas da rápida adoção institucional e contínua compra no varejo – o „cenário de avaliação e posição tornou-se muito mais desafiador para o bitcoin no início do ano novo.“ O que, é claro, é óbvio: quanto mais alto algo vai, mais provável é que desça ou suba. Se apenas o JPM foi tão preciso em chamar a primeira perna da alta, ele pode até ter credibilidade em chamar tais pontos de inflexão, quer use técnicas ou – como neste caso – métodos de avaliação para chegar a sua conclusão.

O que é ainda mais divertido é que já tendo sido queimado uma vez, Panigirtzoglou é especialmente cauteloso e começa advertindo que ele „não pode excluir a possibilidade de que a atual mania especulativa se propague ainda mais, empurrando o preço do bitcoin para a região de consenso entre $ 50k – $ 100k, acreditamos que tais níveis de preços se provariam insustentáveis. “

Em outras palavras, o bitcoin pode triplicar a partir daqui … mas depois se reverterá. Esse é um insight profundo, e esperamos que qualquer um que negocie com base em tal reco tenha um balanço patrimonial pelo menos tão grande quanto o do JPM, caso decida vender bitcoin a descoberto aqui e sofrer bilhões em chamadas de margem se a criptomoeda primeiro atingiu $ 100.000 por bitcoin.

O que nos traz de volta à questão de quais métodos de „avaliação“ o JPM usa para concluir que a corrida do bitcoin está chegando ao fim? Como Panigirtzoglou explica, „anteriormente usamos duas métricas de avaliação para bitcoin, uma baseada em sua comparação com o ouro e outra baseada em seu custo de mineração ou valor intrínseco.“

Porque ao „avaliar“ o bitcoin, a primeira coisa que vem à mente é o quão mais barato ele é em relação a outro ativo que não pode ser avaliado, e a outra matriz de „avaliação“ é atribuir o „valor“ da criptomoeda ao seu custo de extração … como se fosse alguma mercadoria retirada do solo e utilizada para diversas aplicações industriais.

How to invest in blockchain?

31. Dezember 2020 / admin / 0 Comments

The so-called “blockchain” industrial sector has benefited from a great promotion by the general media in recent years, to the detriment of cryptocurrencies. Several companies see it as a major disruption, and are quick to create dedicated research and development sections.

From an investor’s perspective, “blockchain” holds the promise of huge returns . But which blockchain are we talking about? How to invest in this sector?

Blockchain or blockchains?

The expression “ the blockchain ” comes to us from a time – not so long ago – when the only one that existed was that of Italian Formula. Now, there are several thousand different cryptocurrencies and blockchains . Some decentralized platforms no longer use this data structure. For example, this is the case of IOTA or Avalanche, which work with an acyclic directed graph system .

The blockchain is a term generic and vague . It encompasses all distributed ledger technologies in the broad sense. They can be decentralized on all fronts, like Bitcoin or Ethereum. But they are also platforms developed by large companies, and even States.

When we talk about investing in blockchain , it usually means that we want to invest money in one of the many emerging projects in this ecosystem … Hoping to hit the jackpot.

Investing in blockchain technologies, is it still possible?

The answer is of course yes ! However, it should be understood that the year 2017 saw a Cambrian explosion of blockchains. The market is now saturated with worthless projects, or pale copies of existing projects.

The budding investor must therefore bear in mind that finding the latest technological nugget requires extensive knowledge . It is important to understand the existing technologies and their limitations.

Likewise, it should be borne in mind that the brightest minds in computing and distributed systems have more or less all started their own projects . Entrusting millions of dollars to an unknown development team is a risky bet .

In addition to the technical prerequisites, you must also have a good vision of the crypto-asset market . The investor should look for a project that has the potential to build a strong community .

These are of course future users, but also traders . Indeed, liquidity is a very important factor. Owning an asset that has achieved good growth, but without being able to take profits because of an illiquid market is a very frustrating experience.

The different ways to invest in the blockchain sector

Depending on your investor profile and your financial means , there are different ways to invest in this sector.

The easiest way is obviously to go to a foreign exchange platform . Then just buy the token of the project that you find promising. As you probably already know, a token is a financial, digital and decentralized asset , conferring rights on its holder. These may be voting rights, or even shares in the issuing company.

The big advantage of tokens over traditional financial securities is their high liquidity . It is possible to buy or sell them on the markets with a few clicks.

For example, let’s say you want to invest in a blockchain project dedicated to decentralized exchanges (DEX). You have chosen the 0x protocol . All you have to do is place a buy order at a level that you find interesting. Once you are in possession of your tokens, you may wish to realize a gain , for example at the next level of price resistance. You just have to place your take profit at this level, and you’re done. When the price of ZRX reaches the desired price, your trade will be executed and you will pocket your capital gain.