Les investisseurs institutionnels ne se laissent pas abattre par la chute du prix des bitcoins

Les financiers de la cryptographie sont peu sensibles au crash de Bitcoin.

  • La semaine dernière, Bitcoin a atteint un niveau record de 41 551 dollars.
  • Aujourd’hui, le prix a chuté à 30 538 dollars.
  • Les investisseurs restent optimistes malgré la soudaine baisse du marché.

Les investisseurs institutionnels sont largement perçus comme responsables de la hausse de Bitcoin, qui a fait passer le prix de 10 500 $ début octobre à un sommet de 40 000 $ la semaine dernière.

Mais ce qui monte peut redescendre. Ainsi, au moment où Scott Minerd, le DSI de Guggenheim Investments – le fonds spéculatif qui a annoncé en novembre son intention d’investir 530 millions de dollars dans Bitcoin – a tweeté que „la hausse parabolique de Bitcoin est insoutenable à court terme“, le prix a effectivement baissé.

Jusqu’à 30 538 dollars, selon les données de Messari

Que disent les contemporains de Minerd, dont la confiance dans l’or numérique a attiré des foules d’investisseurs?

Anthony Scaramucci, l’ancien (et éphémère) directeur de la communication de Trump, qui est la force motrice du SkyBridge Bitcoin Fund pour les investisseurs accrédités, a tweeté qu’il était „tout à fait d’accord“ sur Bitcoin, „surtout sur cette baisse“.

Nic Carter, taureau Bitcoin chronique et fondateur de Castle Island Ventures, a révélé après le crash que ni l’argent ni la perspective de le perdre ne lui apportaient le bonheur. Il a tweeté qu’il „ne ressentait rien à 40 km et je continue à ne rien ressentir. Peut-être que je ressentirai quelque chose à 100 km?

„Après avoir vu bitcoin plonger de 50% à 3k en 24h dans un marché apparemment „mature“ l’année dernière, plus rien ne me fait peur“, a-t-il poursuivi.

D’autres interlocuteurs de Decrypt sont également perplexes face au crash.

Eric Wall, DSI d’Arcane Assets, un fonds crypté qui investit l’argent des riches, a déclaré que le crash n’est „que du bruit“.

„Je serais inquiet si nous descendions en dessous de 18-16 000 dollars“, a-t-il déclaré. Contrairement à Carter, Wall a ressenti quelque chose : il a été „submergé par l’euphorie“ lorsque Bitcoin a atteint 30 000 dollars, a-t-il dit.

„En zoomant, le fait que Bitcoin puisse „s’effondrer“ à 30 000 dollars

Et M. Wall pense que la course de taureaux va se poursuivre. „En zoomant, le fait que Bitcoin puisse „s’effondrer“ à 30 000 dollars est tellement haussier qu’il est difficile d’exagérer“, a-t-il déclaré. En d’autres termes, puisque l’actif valait moins de 20 000 dollars il y a à peine un mois, c’est un bon problème à avoir.

Le mur a continué :

„Il y a un phénomène fondamental en cours où le bitcoin devient une véritable classe d’actifs comparable à l’or. C’est une tendance qui vient à peine d’être lancée“.

Denis Vinokourov, responsable de la recherche chez Bequant, une société de courtage de crypto prime au service des investisseurs institutionnels, a esquivé toutes les questions sur ses sentiments. Il a déclaré à Decrypt : „Les fonds cryptographiques sont généralement habitués à des pics de volatilité“. De plus, il a déclaré:

„Les esprits des animaux sont bien vivants“, car ses clients ont acheté la baisse.

Les institutions et les entreprises „semblent ne pas être affectées par cette volatilité élevée“, a-t-il déclaré. Que faudra-t-il pour percer le cœur de ces hommes, qu’ils prétendent si implacablement être forgés dans de l’acier?

Bitcoin and taxes, in 2021 – How will the French tax authorities chase you?

The tax authorities, your supervisor of 2021 – As withholding tax is not generalized and irregularities remain, the declaration of personal income remains an essential exercise for everyone. In order to start the new fiscal year calmly, I offer you a summary of the crypto information to have in mind.

Cryptocurrencies, which transactions and which accounts to declare?

For now, the bill ’s finances for 2021 makes no mention of the tax framework changes applicable to digital assets. The only mention of the crypto-sphere is for digital asset service providers.

The taxation of cryptocurrencies in 2021 will therefore be similar to that of 2020 . Remember that the IRS distinguishes casual traders of traditional traders . These 2 statutes have different tax terms.

The assessment by the tax authorities of the quality of usual trader will depend on the frequency of operations as well as the amounts and gains made . Everything that follows is only for casual traders.

Occasional traders have 2 essential obligations:

The obligation to declare accounts on exchanges;
The obligation to report capital gains realized on digital assets.

Any digital asset or fiat fund account held overseas must be reported . However, only the detention is to be declared, not the amounts held. Therefore, this has no impact on your taxation, because it is a pure declarative formality .

The year 2020 was marked by the advent of DeFi, if you have participated in this ecosystem, you surely have gains to declare. Amounts received for activities, such as lending or yield farming , are treated as interest.

The interests as capital income are taxed at the flat tax – Lump or levy Unique (PFU). The 30% rate of the Flat Tax includes 12.8% income tax and 17.2% social security contributions.

Finally, you will also need to declare your income in digital assets . It is important to distinguish between income, what we perceive for a work done, capital gains, what we earn on a successful trade. If you mine or receive a salary in cryptos, you must declare it even, if you do not intend to convert it to fiat.

Note that the calculation of capital gains should be done according to the tax administration formula , which is not the same as that of a trader. To help you in this process, there are platforms and software that do the calculation for you , once you have imported your trading history.

2021 tax deadlines

In 2020, the deadlines for filing tax returns had been pushed back for health reasons. Currently, the 2021 fiscal calendar is as follows:

April 19, 2021: opening of the 2020 online income declaration service;
June 10, 2021: deadline for reporting 2020 on 2020 income by internet;
End of July 2021: receipt of the 2021 tax notice based on your 2020 income statement.
In view of the more than uncertain health and economic context, it is possible that these dates will change before the opening of the 2021 tax season.

Bitcoin-Preis verzeichnet höchsten Wochenabschluss: Analysten prognostizieren $100K BTC

Bitcoin hat einen weiteren Meilenstein erreicht, indem es den bisher höchsten wöchentlichen Kerzenschluss verzeichnet hat.

Analysten und Investoren erwarten, dass sich diese Rallye bis ins Jahr 2021 fortsetzen wird, wobei einige auf sechsstellige Preise blicken.

Nach einem Einbruch am Wochenende in den mittleren 18.000 $-Bereich haben sich die Bitcoin-Preise wieder auf über 19.000 $ erholt und werden derzeit knapp unter 19.300 $ gehandelt.

In diesem Bereich scheint sich ein bereichsgebundener Kanal gebildet zu haben, da der Vermögenswert die psychologische Grenze von 20.000 $ nicht überschreitet. Der höchste von Tradingview.com verzeichnete Preis lag am 1. Dezember bei knapp über 19.900 $, obwohl einige Börsen aufgrund der lokalen Nachfrage höhere Preise gemeldet haben könnten.

Big Bitcoin Wöchentlich C andle

Eine Reihe von Analysten haben beobachtet, dass Bitcoin seine bisher höchste wöchentliche Kerze geschlossen hat, nachdem es fast eine Woche lang mehr als 19.000 Dollar ausgegeben hat. Während des Pumpvorgangs 2017 schaffte BTC nur drei Tage über diesem Preis, was zu langen Dochten bei der Wochenkerze führte.

Es ist offiziell. #Bitcoin hat soeben seine wöchentlichen All Time Highs vom Dezember 2017 aus der Nähe herausgenommen.

Es dauerte nur 3 kurze Jahre, um die vermeintlich „grösste Blase der Geschichte“ vollständig wieder aufzublasen

NICHT TULPENWAHN!

Einige kommentierten, dass der Abschluss bei Coinbase zu kurz ausfiel, aber andere Börsen wie Bitstamp und Bitmex erreichten beim Wochenabschluss Allzeithochs.

Der Makro-Investor Dan Tapiero, Mitbegründer von 10T Holdings, kommentierte die monumentale Rallye, die Bitcoin seit dem durch den Coronavirus verursachten Marktcrash Mitte März gemacht hat, und fügte hinzu, dass eine Wiederholung die Preise im nächsten Jahr oder so in den sechsstelligen Bereich treiben könnte;

„Bemerkenswert, wenn man bedenkt, dass noch vor 9 Monaten die Bitcoin-Preise bei 4000 lagen. Das ist bis heute fast eine Rallye von 500%. Eine 500%ige Rallye von hier aus bringt uns auf 100k btc. Glauben Sie nicht, dass es in 9 Monaten passieren kann, aber es würde nur das wiederholen, was es in den vergangenen 9 Monaten getan hat.

Das Krypto-Ökosystem ist im Moment mit Kommentaren von Branchenschwergewichten wie Cameron Winklevoss überwältigend optimistisch;

Ich bekomme immer noch die Frage gestellt, wie schätzen Sie #bitcoin selbst von hoch entwickelten Investoren ein. Die Antwort ist super einfach: Angebot und Nachfrage. Das ist die Antwort. Und wir wissen, dass das Angebot auf 21 Millionen festgelegt ist, es kommt also wirklich auf die Nachfrage an.

Eine sechsstellige Rallye in den nächsten 12 Monaten erscheint etwas weit hergeholt, aber wenn BTC die gegenwärtige Barriere durchbrechen kann, könnte sie in kurzer Zeit leicht um etwa 50% springen.

Anderswo auf den Krypto-Märkten

Die gesamte Marktkapitalisierung stieg am Wochenende um fast 20 Milliarden Dollar und kletterte laut Tradingview.com auf 565 Milliarden Dollar. Sie bewegt sich immer noch um den höchsten Stand seit Januar 2018, bleibt aber 47% von diesem Höchststand von über 830 Milliarden Dollar entfernt, da die Altmünzen diesmal unterdurchschnittlich abgeschnitten haben.

Ethereum ist wieder unter die 600-Dollar-Marke zurückgegangen, um im mittleren Bereich von 590 Dollar zu handeln, während der Rest der Krypto-Top-Twenty in den letzten 24 Stunden nur sehr wenig Bewegung gemacht hat. Eine weitere Woche könnte weitere große Bewegungen bringen, insbesondere wenn der große Bruder in nur 700 Dollar Entfernung seine Barriere durchbrechen kann.

O que está impedindo o Bitcoin de subir para US $ 20.000?

Quando o preço do Bitcoin atingiu um novo ATH na maioria das bolsas de criptomoedas, os comerciantes esperavam que atingisse $ 20.000 rapidamente. No entanto, o cripto-ativo logo enfrentou uma onda de correções seguindo o mesmo, mesmo com seu valor de mercado ultrapassando US $ 354 bilhões e se tornando a 7ª maior moeda do mundo.

Para muitos, o nível de $ 20.000 também pode parecer inatingível, já que costuma ser considerado um marco psicológico

Psicológico, mas significativo, especialmente porque para a maioria dos comerciantes de varejo, esse nível era o mais próximo de seu ATH anterior. Para que o preço ultrapasse US $ 20.000, os analistas da rede argumentaram que o fornecimento ativo deve permanecer baixo de forma consistente ou, de preferência, atingir níveis mais baixos. Além disso, a demanda também deve aumentar. No entanto, a demanda é impulsionada principalmente por instituições como tons de cinza e muitos HODLers (2 a 3 anos) estão vendendo.

Para colocar essa ideia de liquidez em perspectiva, considere o mapa de Bitcoins HODLer gastos. Crypto Cash comprados entre a faixa de preço de $ 5.428 e $ 11.000 estão chegando rapidamente às bolsas. A oferta percentual ativa do último 1Y é baixa, no entanto, os traders e HODLers de 2017 e anteriores estão vendendo, registrando lucros não realizados por medo de que as correções acertem com mais força. Isso é contra-intuitivo, pois o FUD em massa possivelmente levará a uma queda de preço e pode se tornar ainda mais desafiador ultrapassar os US $ 20.000 ou sustentar a consolidação nos níveis abaixo dessa marca.

Não atingir o nível de $ 20.000 também pode levar a correções que não são intuitivas

Nas bolsas de derivados, o volume das Opções BTC caiu de forma consistente desde 30 de novembro, enquanto o OI caiu 15,6%. A rápida perda de interesse que é evidente nos gráficos Skew sugere que pode ser mais difícil para o preço atingir $ 20.000 nas bolsas à vista.

As ordens de venda em bolsas à vista estão acumulando US $ 20.000, sugerindo que este é o quão longe os comerciantes de varejo esperam que o preço vá. Embora o preço médio da MicroStrategy por Bitcoin para BTC no valor de $ 60 milhões tenha sido acima de $ 19.000, os comerciantes de varejo estão esperando uma retração no curto prazo e estão se preparando para o mesmo.

Em tal situação, a jornada para $ 20.000 pode ser longa ou mesmo impossível. O temor de liquidações no curto prazo pode levar os comerciantes de varejo a uma venda massiva. Abaixo de $ 20.000, o nível de preço significativo é de $ 19.000, um nível em que o ativo é negociado acima de $ 19.000 há quase uma semana. Embora a capitalização de mercado esteja se mantendo firme, à luz da oferta crescente, a única maneira de chegar a US $ 20.000 será além dos sentimentos negativos e medos de correção.

The 5 most expensive Non Fungible Tokens ever sold

The 5 most expensive Non Fungible Tokens (NFT) ever sold

NFT enthusiasts see enormous potential in the Ethereum (ETH) NFT space. Critics, on the other hand, believe that the NFT market is overvalued and that the hype surrounding non-fungible tokens is nothing but hot air. Nevertheless, NFTs are already being traded for enormous sums – today we take a look at the five most expensive non-fungible tokens.

Those who include the shares or bonds of particularly ecological, social and ethical companies in their portfolio can have a targeted impact on the Bitcoin Evolution environment and society and at the same time take advantage of yield opportunities.

With such NFTs, investors in the Ethereum Decentralised Finance (DeFi) sector can comprehensively hedge against risks. The 5000.0 ETH-Cover NFT in fact provides the owner with insurance against smart contract errors on Curve.fi in the amount of 5000 Ethereum. While most people associate NFT mainly with tokenised works of art or other collectibles, yInsure.Finance has heralded a new NFT era. In the future, NFTs could be an interesting way to insure against all kinds of risks in the crypto world. However, the NFT 5000.0 ETH cover has already expired and currently no longer fulfils an insurance function.

4th NFT artwork Moon for 400 ETH

Only a few days ago, the artwork „Moon“ was placed in the top five most expensive NFTs. The painting is tradable on the NFT marketplace Rarible.

The anonymous artist C5EC8D created the NFT on 29 November 2020 and received 400 Ethereum in a Rarible auction, which is worth more than 230,000 US dollars according to the current ETH exchange rate. Rarible is an NFT marketplace that specialises in artists. Therefore the platform already offers thousands of artists and collectors an environment where they can create and trade unchangeable works of art.

3. F1 Delta Time 1-1-1 for 415,9 ETH

1-1-1 is the first NFT car to release F1 Delta Time. It is an official limited edition, of which there is only one worldwide. For those who love Formula 1, this is a real treat.

F1 Delta Time a game based on the Ethereum block chain. The game is about collecting and swapping unique F1 cars, accessories and drivers.
2nd Decentraland: Digital plot for 425 ETH

Decentraland’s World is a virtual platform based on the Ethereum block chain that allows users to purchase within a virtual world using the MANA Coin NFT.

Decentraland has a limited and accessible virtual 3D room called LAND.

NFT DecentralandOpenseae.io

This is a non-fungible digital asset (NFT) secured by Ethereum’s Smart Contract. In addition, an NFT-LAND owner in Decentraland fully owns his virtual land and decides alone what happens to it. A plot of land from Decentraland, called „12600 m2 lot“, has already been sold for the equivalent of more than 250,000 US dollars.
1st CryptoKitty Dragon for 600 ETH

CryptoKitty Dragon is currently the most expensive NFT in the world. This cute electronic tomcat last cost about 600 ETH or the equivalent of 270,000 US dollars.

CryptoKitties DragonOpenseae.io

CryptoKitties is probably the best known blockchain game from Ethereum. It is the world’s first digital cat collection game based on blockchain technology. Players can crossbreed their cats, with the new CryptoKitties randomly inheriting the 256 genes of their parents. Each digital cat is therefore unique and exists only once on the Ethereum block chain.

Portfel z mniej niż 1 BTC stanowi tylko 5% limitu rynkowego Bitcoin’a.

Z liczbą „wholecoiner“ portfeli Bitcoinów posiadających co najmniej 1 BTC rosnącą każdego roku, pozostałe adresy stanowią tylko 5% limitu rynkowego Bitcoinów.

Nowe dane sugerują, że „wholecoinery“ – portfele Bitcoinów posiadających 1 BTC lub więcej – teraz stanowią 95% całej kapitalizacji kryptokurwaluty. Pozostaje tylko 5% kapitału rynkowego podzielonego pomiędzy dziesiątki milionów użytkowników z saldem poniżej 1BTC.

Od 2009 r., pomimo astronomicznych zwyżek cen BTC, łączna liczba adresów typu „wholecoiner“ stale rośnie z roku na rok. 27 listopada CTO Glassnode Rafael Shultze-Kraft opublikował na tweeterze wykres, z którego wynika, że ponad 800 000 adresów posiada obecnie co najmniej 1 BTC.

Według Bit Info Charts, adresy typu „wholecoiner“ stanowią około 301 miliardów dolarów BTC. Dla kontrastu, obecna łączna wartość adresów typu „wholecoiner“ wynosi 16 miliardów dolarów.

Wykres liniowy pokazuje kilka powtórzeń w historii wholecoinerów, przy czym największy spadek nastąpił na początku 2016 roku, kiedy liczba adresów posiadających co najmniej 1 BTC spadła o 13,5%, z 520 000 do 450 000.

W 2018 r. odnotowano również stagnację wzrostu liczby adresów, która przez 12 miesięcy od grudnia 2017 r. wahała się między około 720 000 a 690 000.

Według danych Into The Block, 32,95 miliona adresów Bitcoinów posiada obecnie pewną wartość BTC, co sugeruje, że wholecoinery stanowią tylko 0,47% bilansowych portfeli Bitcoinów.

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XRP: n hinta nousee 0,90 dollariin, kaatuu sekunneissa, kun Coinbase laskee

XRP: n hinta nousi vain 0,92 dollariin vain minuuteissa Coinbasessa, mutta kaatui 30% heti sen jälkeen.

XRP-hinta nousi yli 0,90 dollariin Yhdysvaltain kryptovaluuttapörssissä Coinbase 24. marraskuuta, mutta kaatui takaisin noin 30% sekunnissa. Tämä oli korkein hintataso toukokuun 2018 jälkeen.

Coinbase-käyttäjien ohjaama XRP-vimma

Coinbase-käyttäjät ajavat ilmeisesti rallia, koska XRP: n hinta ei nähnyt saman korkeutta muissa pörsseissä. Esimerkiksi Bitstamp ja Binance näkivät korkeimman vain 0,79 dollaria saman piikin aikana.

Pian onnettomuuden jälkeen hashtag “Coinbase” alkoi kehittyä Twitterissä Yhdysvalloissa.

Vaikka Coinbasen virallisella tilasivulla sanotaan tällä hetkellä, että kaikki toimii normaalisti, muut lähteet osoittavat, että vaihdolla on todellakin ongelmia.

„MITÄ CRAP – uusi kolikkopohjassa – ja kaikki XRP-kauppani menivät hämmentyneeksi, sitten ilmestyivät lopulta vasta sen jälkeen, kun pohja putosi – aiheuttaen minulle menetyksiä tonnia rahaa !!!“ käyttäjä Mike Palagi kirjoitti yhdessä Downdetectorin kommenteista.

Mikä aiheutti kaatumisen?

Ralli saattoi laukaista lokakuun lopulla, kun tuntematon valas lähetti 50 miljoonan dollarin arvosta XRP: tä tuolloin Bitstampille. Siitä lähtien XRP / USD on nähnyt voimakkaan parabolisen nousutrendin, 137% viimeisen viikon aikana korkeimmalle tasolleen yli kahden vuoden.

Ennen hintapiikkiä ja välitöntä kaatumista suosittu salanimellä toimiva kauppias ”CryptoSqueeze” totesi, että XRP: n rahoitusosuus muuttui negatiiviseksi. Hän sanoi:

”Negatiivinen rahoitus XRPUSDT: llä FTX: llä ja OKeX: llä. Mikä voi mennä pieleen? ”

Koko rallin ajan Binancen XRP-ikuisen swap-sopimuksen rahoitusosuus pysyi 0,01 prosentissa. Tämä tarkoitti sitä, että ostajien ja myyjien välillä oli tasapaino, kun hinta nousi yli 35% yhdessä päivässä.

Vaikka lyhyt puristus johti alun perin rallia, lähteet, jotka halusivat olla nimeämättä, kertoivat Cointelegraphille, että jotkut Coinbasen markkinatakaajat vetivät tilauksensa, kun ralli ylikuumentui.

Nykyisestä rallista huolimatta XRP on edelleen laskenut 78% kaikkien aikojen korkeimmasta tammikuussa 2018. Bitcoinin (BTC) termeillä XRP on laskenut 83% kaikkien aikojen korkeimmasta, vaikka tekninen analyysi viittaa siihen, että monivuotinen laskusuunta saattaa olla rikki viime viikolla.

Adoption of the Blockchain in 2021: Moving to the conventional world through business use

The optimistic predictions of the Blockchain technology for next year may be accurate, but many factors will have to fit.

The American market research company Forrester recently published its Blockchain technology predictions for 2021. The report reveals interesting findings, noting that 2020 has been an important year for the growth of Blockchain technology at the enterprise level and the DLT technology space.

Martha Bennet, Forrester senior analyst and co-author of the report, told Cointelegraph that Blockchain’s predictions at the enterprise level are based on tipping points that show definitive changes rather than continuing trends. For example, the report predicts that 30% of global projects will go into production next year. This is partly due to the impact of the COVID-19 pandemic.

According to Bennet, many of the Blockchain-based systems in place today share a common factor: less time to resolve discrepancies. In some cases, this could even be instantaneous. Bennet noted that this common factor applies to supply chain use cases as well as financial services:

„It’s not just about needing fewer people to perform certain tasks; it’s also about shortening the time taken and freeing up liquidity. A key point is that it is possible to make this a reality today, in the context of existing processes and operating models“.

Development „takes time

While this may be true, Bennet shared that longer-term strategic projects in financial services tend to revolve around possible changes in market structure and operating models. Many of these cases also require regulatory adjustments. „This requires time, resources and effort. This is the main reason why the volatility and uncertainty related to COVID have led many banks to withdraw for the time being from some of these longer-term DLDD-related projects,“ said Bennet.

The report also notes that almost all initiatives that will move from the pilot phase to the production phase next year will be implemented on Blockchain business platforms that use the cloud. These are likely to include solutions from Alibaba, Huawei, IBM, Microsoft, OneConnect and Oracle.

Allistair Rennie, CEO of IBM Blockchain, told Cointelegraph that the prediction that 30% of Blockchain projects at the enterprise level will go into production next year is consistent with what IBM has seen with clients so far:

„Due to the increasing strain that the pandemic has placed on supply chains, clients are finding that there is an urgent need to accelerate their digital transformation to emerge stronger than before. We are seeing both expansions of existing and new Blockchain projects. The most successful are those that are underpinned by strong business use cases and have clearly defined value to add to the business.

The most critical technical prediction: Zero-knowledge proofs

From a technical perspective, Bennet mentioned that the most critical prediction in the report is the growing need for Zero-knowledge proofs. „Zero-knowledge proofs are necessary because of the challenges of preserving confidentiality that currently hold back projects,“ he said. The report also outlines the problem that ZKPs can solve:

„For companies that do not want to rely on established encryption techniques, the only options have been to keep only the hashes in the chain or to use constructs such as selective replication or private data collections. In many cases, existing techniques also do not address the exposure problems that arise from metadata.“

Recently, however, much progress has been made around ZKPs, for example, a ZKP project is being developed by the accounting firm Ernst & Young. Known as „Nightfall“, it is a privacy software that will allow private Blockchain-based transactions using ZKPs. Paul Brody, global leader of Blockchain at Ernst & Young, told Cointelegraph that the firm’s top priority in the coming year is to make Nightfall and ZKPs easier to use for developers:

„The biggest challenge in using and implementing ZKPs is that they are much more complex than coding a smart contract without privacy. I would compare it to adding SSL and encryption to web pages in the early days – it’s not something most people learn when they learn Solidity development and right now, it’s not that easy to implement“.

Brody also shared that the work around Nightfall is focused on increasing the level of privacy of transactions by hiding the metadata that could be inferred when analysing network activity. And while the product currently supports private transfers and payments with regulatory compliance, Brody explained that the company wants to expand this by creating new privacy tools. „If we do our job well, people will move from developing DApps (decentralized applications) to developing ZApps (Zero-knowledge proofs applications),“ he said.

In addition, IBM’s Blockchain platform uses ZKPs to preserve data privacy. Ramesh Gopinath, vice president of IBM’s Blockchain solutions, told Cointelegraph that IBM is using ZKPs and related Crypto Method schemes, such as multipartite secure calculations to enable reliable privacy preservation analyses along with AI data in the Blockchain. The Forrester report notes that IBM will be one of the most widely used Blockchain platforms for production-ready projects next year.

The Baseline Protocol is another open source project that relies heavily on ZKPs to coordinate confidential workflows between companies. John Wolpert, group executive for the core business network of software company Blockchain ConsenSys, explained that in the protocol, ZKPs allow companies with different record keeping systems to be verifiably synchronised, record by record, without sharing confidential information.

Predictions of public DeFi and Blockchain

Forrester’s report also predicts that Decentralised Finance, or DeFi, will negatively affect the adoption of public Blockchain. According to the report, technology leaders at the enterprise level are now open to discussing the role of public Blockchains. Unfortunately, the rise of DeFi in 2020 has led to questionable activity in public networks such as Ethereum. „This has re-associated Blockchains with Wild West cryptosystems and will continue to alienate informed decision makers and risks,“ the report states.

Kyle Thomas, CEO of Provide – an enterprise level Blockchain provider working with SAP and Coke One North America – disagrees, telling Cointelegraph that organizations will soon see public Blockchains in the same way they do on the Internet: „A large share of the market is at stake as ‚Enterprise DeFi‘ becomes a reality with every passing day.

Echoing Thomas, PwC cyber security expert Kevin Feng, former chief operating officer of Blockchain VeChain, told Cointelegraph that while DeFi’s space may resemble the ICO frenzy of 2017, it is different in that DeFi illustrates the power of smart contracts for financial services.

As such, Feng mentioned that the DeFi space will likely make companies wary of public Blockchains in the short term, but as the space matures, public Blockchains will prove better for financial use cases: „If we look at the DeFi from another angle, it shows how the Blockchain could be used for financial use cases, which is the missing piece for corporate level Blockchain use cases.

PayPal kauft fast 70% des neuen Bitcoin-Angebots

Pantera Capital teilte kürzlich in einem Brief an die Anleger mit, dass das Zahlungsunternehmen PayPal fast 70% aller im vergangenen Monat abgebauten BTC erworben hat.

PayPal hat diesen Monat seinen Kryptowährungsdienst für US-Kunden eingeführt

Das Unternehmen stellte eine hohe Nachfrage nach Kryptowährung bei den Benutzern fest.

Pantera berechnete die Anzahl der Crypto Bank auf PayPal anhand von Daten der ItBit-Handelsplattform, die Paxos gehört. „PayPal hat seinen Kryptowährungsdienst in Zusammenarbeit mit Paxos gestartet. Vor der Integration mit PayPal hatte die von Paxos betriebene ItBit-Börse ein ziemlich konstantes Handelsvolumen – die weiße Linie in der folgenden Grafik “, schreibt Pantera.

Trend:

Der Bitcoin-Preis erreichte 18.500 USD, begann jedoch mit der Rückverfolgung

Nach dem Start des Kryptodienstes PayPal ist das Volumen von ItBit sprunghaft angestiegen: „Die Zunahme des Volumens von itBit bedeutet, dass PayPal innerhalb von vier Wochen nach dem Start bereits fast 70% des neuen Bitcoin-Angebots kauft.“

Die gestrichelte horizontale Linie im Diagramm gibt die Gesamtmenge der abgebauten Bitcoins an. Wenn sich das Wachstum fortsetzt, wird die Nachfrage nach PayPal allein in wenigen Wochen die Anzahl neuer Bitcoins übersteigen.

3 reasons for Bitcoin’s recovery after drop to $15,700

The price of Bitcoin fell sharply to $15,670 before traders came on the scene to defend the $16,000 level.

The price of Bitcoin (BTC) fell as low as $15,670 at Binance on November 15. The highly volatile drop came hours after the BTC hit $16,355, demonstrating a strong momentum.

Three main factors probably caused the nighttime drop in the price of the Bitcoin Era an the potential factors are a weekend jolt, the daily moving average (MA) retest and a parabola retest.

Senator elected in the US wants to ‚bring Bitcoin into the national debate‘.

Weekend falls and low support retests are healthy

As the Cointelegraph reported, algorithmic traders expected a weekend fall in the Bitcoin market to materialize.

There were a number of sales orders above $16,500 that were not pulled when the price approached $16,400. This meant that the orders were genuine sales orders, applying sales pressure in the cryptomino market.

At the top of the market structure that probably encouraged traders and bots to sell, network analyst Willy Woo said weekend volatility was high.

He said he is expected to get rid of the „technical downside“, but the market still remains in „buy the downturn“ territory. He wrote:

„Weekend trading setup: getting rid of some bearish techniques (4h RSI div, 8h TD9). The fundamentals of the short and medium term chain are optimistic, more currencies withdrawn from exchanges and more users arriving. Buy the diving scenario“.

Currency of R$ 1 values more than 400 times and today it is worth more than R$ 7 thousand

Buying the falls reflects optimism

On the daily chart, the drop to US$ 15.6 thousand confirmed a retest of the 10-day moving average. The retest was important because last week, after a strong rise in prices, BTC retested the same MA before the continuation.

If the price of Bitcoin continued to fall below the 10-day MA, it would mean an additional correction. But the immediate recovery from the same level it recovered from in the November 7 fall is relatively positive in the short term.

On November 7, BTC had a similar fall, albeit in a different price range. The price fell sharply from $15,753 to as low as $14,344, registering a 5% drop. The dominant cryptomeda also recovered from the 10-day MA on the daily chart at the time.

In the next few days, BTC reached a two-year high of $16,480, confirming a strong breakout.

Why Bitcoin fell from $16,000 this weekend

High parabolic needs retests

Josh Olszewicz, technical analyst of cryptomorphs, shared a graph that shows that Bitcoin is in a parable.

Bitcoin’s parable.

During a parabolic bullish trend, the strength of an asset’s rise continues to accumulate as the price increases. But if the parabolic cycle is interrupted, an asset may run the risk of a major setback.

In the short term, the Bitcoin parabola remains intact as long as the BTC remains above the $15,300 to $15,500 range.

Traders and technical analysts have identified similar levels in the past 24 hours. Michael van de Poppe, a full-time trader on the Amsterdam Stock Exchange, said similarly that the $15,500 support level remains critical for BTC in the short term.

In the short term, Bitcoin would need to see continued resilience above $15,500 and ideally defend the $15,700 support as it has done in the last 24 hours.