Archiv der Kategorie: Bitcoin

Najlepsze chińskie banki promują CBDC nad lokalnymi firmami płatniczymi na festiwal zakupów

Wiodące chińskie banki promują cyfrowy juan za pośrednictwem Alipay i WeChat Pay na nadchodzący festiwal zakupów w Chinach.

Niektóre z największych chińskich banków państwowych aktywnie promują cyfrowy juan jako lepszy środek płatniczy dla dwóch wiodących dostawców usług płatniczych w tym kraju, Alipay i WeChat Pay

W raporcie z 26 kwietnia Reuters ujawnił, że sześć największych chińskich banków promuje w Szanghaju cyfrową walutę emitowaną przez rodzący się chiński bank centralny, czyli CBDC, przed festiwalem zakupów online, który odbędzie się 5 maja.

Banki wzywają sklepy detaliczne i konsumentów do pobrania portfela cyfrowego i dokonywania zakupów za pomocą CBDC lub e-CNY. Pominąłoby to obecne metody płatności wybierane przez miliony kupujących – Alipay firmy Ant Group i WeChat Pay firmy Tencent.

W raporcie zauważono, że jeden z urzędników banku wyznaczony do uruchomienia procesu CBDC w Szanghaju pod kierownictwem Ludowego Banku Chin wyraźnie opisał walutę cyfrową jako lepszą niż Alipay i WeChat Pay, który stwierdził:

„Ludzie zdadzą sobie sprawę, że cyfrowa płatność w juanie jest tak wygodna, że ​​nie muszę już polegać na Alipay ani WeChat Pay”

Przemawiając na panelu dyskusyjnym online pod koniec marca, szef instytutu badania waluty cyfrowej PBoC, Mu Changchun, stwierdził, że Alipay i WeChat Pay stanowią 98% rynku płatności mobilnych w Chinach , stwarzając zagrożenie dla krajowego systemu finansowego napotkać jakiekolwiek problemy.

Changchun zauważył, że bank centralny nie zamierza bezpośrednio konkurować z Alipay i WeChat Pay, ale działa jako wsparcie, aby „zapewnić stabilność finansową na wypadek, gdyby coś się z nimi stało”.

Jednak państwo zwiększa również wysiłki w celu ograniczenia dominacji gigantów technologicznych i powstrzymania antykonkurencyjnych zachowań w sektorze internetowym. Na początku kwietnia rząd uderzył Alibabę z rekordową grzywną w wysokości 2,8 miliarda dolarów za praktyki monopolistyczne według CNN .

Wprowadzenie cyfrowego juana w Chinach pozwoli rządowi centralnemu na przejęcie kontroli nad częścią ogromnych zasobów danych finansowych, które są gromadzone przez czołowych dostawców usług płatniczych w tym kraju.

„Big data to bogactwo. Kto jest właścicielem danych, kwitnie ”- powiedział agencji Reuters inny urzędnik bankowy, któremu powierzono zadanie promowania CBDC, dodając:„ WeChat Pay i Alipay posiadają ocean danych ”,

Komentując podczas konferencji Consensus w maju 2020 r., Naukowiec Martin Chorzempa stwierdził, że chińskim organom nadzoru finansowego „trudno” jest zmusić czołowe firmy płatnicze w kraju do przekazania danych, które zgromadziły na temat swoich klientów. „[Chińskie CBDC] mogłoby potencjalnie pozwolić temu bankowi centralnemu na uzyskanie znacznie szerszego dostępu do danych dotyczących płatności, a także na odzyskanie części władzy od tych firm” – dodał.

Sześć banków objętych programami pilotażowymi CBDC obejmuje największych pożyczkodawców w kraju, w tym Chiński Bank Przemysłowo-Handlowy, Chiński Bank Rolny, Bank Chin, HSBC i China Construction Bank.

1 kwietnia Chiny zakończyły swój pierwszy pilotażowy pilot cyfrowy cyfrowego juana z Hongkongiem.

A complete history of the price evolution of Binance Coin (BNB)

Binance Coin hit a record high price of $ 55.40.

This is the third BNB market cycle.

BNB has been on the rise since March 2020.

Binance Coin (BNB) has risen significantly since March 2020 and hit a new all-time high on February 4, 2021.

Binance Coin is currently in its third cycle. This article will compare previous market cycles and examine how the current cycle compares to them in terms of rate of increase and duration.

Premier cycle Binance Coin

The first market cycle for Binance Coin started with a low of $ 0.50 on November 17, 2017. BNB then rose 4,936% in just 67 days. It peaked with a high of $ 25.18, which was hit on January 12, 2017. This level remained the highest in asset history until April 2019.

Once that increase, BNB fell 84% in 329 days. This is a significant correction, but it was more gradual than the previous change.

BNB dropped to $ 4.12, reached on December 7, 2018. After that, BNB started its second cycle.

The second cycle was much more progressive than the first.

Binance Coin rose 861% in a 197-day period, peaking with a record price of $ 39.59 on June 22, 2019. This all-time high held until December 2020.

Interestingly, once BNB broke its previous all-time high, the price dropped significantly before finally recovering its losses.

Unlike the upside, the correction that followed was much more similar to the first. BNB fell 84% over 265 days in this correction.

After hitting a low of $ 6.30 on March 13, 2020 (very close to the previous low of $ 4.12) BNB has entered its third and current market cycle.

The third market cycle started with the low on March 13 and is still going on

So far, Binance Coin has risen 693% in the following days, without suffering a significant drop.

After passing its previous all-time high, the BNB came back to validate it twice as support and has since progressed.

This move was different from his first run over his old record high. BNB then declined considerably. Therefore, if the current zone holds, BNB is expected to rise at an accelerated pace.

So far BNB hit a new all-time high of $ 55.40 on February 4.

An 869% increase, similar to the second market cycle, would push BNB up to $ 62. An increase of 4,936%, as in the first market cycle, would take it to $ 320.

Il n’y a pas de meilleure couverture contre l’inflation que Bitcoin, déclare Cathie Wood, d’ARK Invest

La gestionnaire de fonds vedette Cathie Wood vante la force de Bitcoin comme protection contre l’inflation.

Dans une nouvelle interview avec Yahoo Finance, la PDG d’ARK Invest déclare qu’elle s’attend à ce que la CTB continue à surpasser l’or.

„Je crois qu’il n’y a pas de meilleure couverture contre l’inflation que Bitcoin. Comme nous le savons, l’or a évolué, bien qu’il soit maintenant à la traîne de Bitcoin de manière assez spectaculaire, ce qui entraîne probablement un certain glissement des actions, mais je pense que les deux se porteront bien avec le temps“.

Mme Woods affirme qu’elle s’attend également à ce que l’adoption de Bitcoin par les investisseurs institutionnels et les grandes entreprises augmente.

„Je pense que nous allons entendre parler d’un plus grand nombre d’entreprises mettant cette couverture dans leur bilan, ainsi que des entreprises technologiques qui comprennent la technologie et sont à l’aise avec elle“.

Selon M. Woods, la reprise relativement rapide de Bitcoin après son énorme marché baissier qui a commencé au début de 2018 est singulière et remarquable. Elle estime que la macroéconomie a joué un rôle clé dans la rapide résurgence de la principale cryptocouronne.

„Habituellement, lorsqu’il y a un mouvement parabolique comme celui qu’a connu Bitcoin en 2017, il faut généralement une génération pour que cet actif ou ce titre revienne à ce sommet. Je pense qu’une partie de ce mouvement ou de la suite a pu être déclenchée par une nouvelle poussée des rendements obligataires, faisant ce que beaucoup de gens ne s’attendaient pas à ce qu’elle se produise“.

ARK a été haussier sur les bitcoins pendant des années, et a acheté sa première allocation de bitcoins en 2015, quand son prix était d’environ 250 $.

La nouvelle directive Crypto pour les banques américaines est un moment décisif pour l’industrie, déclare Jeremy Allaire, PDG du Cercle

Jeremy Allaire, PDG du Cercle, déclare que l’industrie de la cryptographie vient d’assister à une étape historique alors que les régulateurs publient de nouvelles directives sur la cryptographie pour les banques américaines.

Dans un nouvel épisode de Real Vision, l’entrepreneur Internet évoque un certain nombre de nouvelles recommandations émises par les organismes de réglementation américains.

Mme Allaire souligne la récente instruction de l’Office du contrôleur (OCC) concernant les droits des banques à utiliser des pièces de monnaie stables, en plus des directives explicites publiées par le groupe de travail du président sur les marchés financiers sur les paiements numériques et les pièces de monnaie stables.

Selon Mme Allaire, l’association des événements est très importante pour le secteur de la cryptographie et son avenir dans la finance.

„Je pense que [les orientations de l’OCC] constituent un événement majeur. Et je pense qu’il y a quelques éléments à prendre en compte. Je pense que la première est qu’elle fait suite aux recommandations du groupe de travail présidentiel sur les pièces de monnaie stables en dollars aux États-Unis, qui ont été publiées juste avant les vacances. Il s’agissait en fait de dire que les arrangements créés pour l’émission et l’exploitation des pièces de monnaie stable doivent répondre à un ensemble d’attentes.

Les orientations de l’OCC deviennent très précises. Elles disent que si vous êtes une banque dans le système financier américain, vous pouvez utiliser les pièces de monnaie stables comme infrastructure de paiement. Vous pouvez également les émettre vous-même. Vous pouvez donc participer à l’émission, mais vous pouvez l’utiliser comme une infrastructure de paiement au même titre que l’ACH, le Swift ou les Debit Network Rails. Et il définit comment le classer et le considérer comme un support électronique de valeur stockée“.

Selon Mme Allaire, les directives émanant de ces autorités ouvrent également la possibilité pour les banques d’introduire des chaînes de blocage publiques dans le système financier classique.

„Et [l’OCC] fournit spécifiquement tout un ensemble d’orientations sur l’utilisation de ces chaînes de blocage publiques. Ainsi, les chaînes publiques comme le réseau Bitcoin, le réseau Ethereum et d’autres réseaux de chaînes publiques deviennent une infrastructure de marché pour le système financier général aux États-Unis, ce qui est énorme“.

Le directeur général du Cercle est également optimiste quant aux récents efforts de la Commission américaine des valeurs mobilières (SEC) pour clarifier la manière dont les courtiers peuvent gérer les actifs numériques.

„Je pense que [les directives de l’OCC] sont importantes et qu’elles vont dans le sens des directives de la SEC publiées fin décembre, qui après trois ans, la SEC a finalement précisé que les courtiers peuvent assurer eux-mêmes la garde, la compensation et le règlement des actifs numériques en fonction des règles de garde, des règles de transfert, etc.

Mais elle a aussi précisé comment les courtiers peuvent le faire. Cela inclut également le règlement, essentiellement, de ces actifs numériques en tant que transactions de titres sur des chaînes de blocs publiques. C’est ainsi que la SEC et l’OCC déclarent aujourd’hui que les chaînes publiques sont en fait une infrastructure de règlement pour les titres et les instruments assimilables à des espèces aux États-Unis. C’est un fait important. C’est vraiment une grosse affaire.

Et évidemment, les marchés ont beaucoup réagi à cela, parce que je pense que les banques peuvent maintenant se pencher sur la question, n’est-ce pas ? Les banques peuvent donc se pencher sur le crypto-courtage, sur la garde de Bitcoin ou sur le prime broking“.

Bitcoin ora si avvicina a $ 42.000 battendo i suoi record precedenti

Nonostante i guadagni e il continuo aumento del prezzo del Bitcoin, molti critici prevedono un potenziale scoppio di questa “bolla”.

Bitcoin (BTC) ha continuato a deliziare gli investitori poiché ha superato il prezzo di $ 41.000, un nuovo massimo storico e battendo i propri record precedenti. Secondo per CoinMarketCap, un Bitcoin ora vale fino a $ 41.934 al momento della scrittura e rappresenta un guadagno di oltre l’8,7% nelle ultime 24 ore.

Bitcoin continua a deliziare i suoi possessori e i nuovi investitori poiché gli ovvi guadagni di prezzo sono sinonimo di profitto, in particolare per coloro che hanno preso una posizione con la moneta in un momento precedente. Il rally del 2020 è stato principalmente attribuito alle migliori istituzioni di tutto il mondo che hanno acquistato la moneta, mentre l’attuale rally in corso è stato attribuito a un’impennata nell’acquisizione da parte degli investitori al dettaglio che temono di perdere questa corsa al rialzo.

Nonostante i guadagni e il continuo aumento del prezzo di Bitcoin, molti critici prevedono un potenziale scoppio della crescita che etichettano come una bolla. L’anticipazione di una correzione dei prezzi, tuttavia, non ha scoraggiato i nuovi investitori né ha spinto i vecchi a vendere i guadagni accumulati, una mossa che può seguire rapidamente le profezie di questi critici.

Impatto degli investitori al dettaglio sulla spinta del prezzo di Bitcoin a nuovi record

Indubbiamente, la maggior parte dei BTC in circolazione attualmente è nelle casse di meno del 5% degli investitori che hanno preso posizione in Bitcoin. Sebbene la maggioranza del 5% includa adottanti istituzionali e investitori individuali molto facoltosi, i dati degli scambi di criptovaluta incentrati sulla vendita al dettaglio rivelano che gli investitori al dettaglio hanno contribuito a spingere in modo significativo il prezzo del Bitcoin oltre il benchmark di $ 41.000

Il Revolut app ha riferito di aver registrato circa 300.000 nuovi clienti di criptovaluta negli ultimi 30 giorni mentre bitcoin ha testato livelli di prezzo nuovi e più elevati ed eToro ha notato che aveva il 61% in più di titolari di bitcoin unici il 4 gennaio rispetto a un anno prima e il 49% in più possessori unici di etere, un’altra valuta virtuale secondo a un rapporto della CNBC.

Con il mercato che appare affollato, gli analisti ritengono che anche se in questo momento c’è una correzione dei prezzi, la tendenza generale del bitcoin è rialzista

„Ci sarà volatilità, che è naturale dopo i guadagni che abbiamo visto, ma la tendenza a lungo termine è chiara“, Simon Peters, analista di mercato presso eToro, ha detto alla CNBC. „Crypto si sta muovendo nel mainstream e sempre più investitori stanno aggiungendo esposizione.“

Ma in attesa che questa volatilità spingerà il prezzo di Bitcoin al di sotto dell’attuale supporto fissato a $ 41.000, la sfera delle criptovalute anticipa quanto in alto andrà questa corsa al rialzo.

Die milliardenschwere Vermögensverwaltungsfirma Skybridge Capital investiert $182.000.000 in Bitcoin

Anthony Scaramucci’s Multi-Milliarden-Dollar-Investmentfirma SkyBridge Capital hat Berichten zufolge $182 Millionen in Bitcoin (BTC) investiert.

Der SkyBridge Bitcoin Fund LP der Firma wird am 4. Januar an den Start gehen, wobei die Investoren mindestens $50,000 investieren müssen, berichtet CoinDesk.

In einer Investorenbroschüre wirbt die 9,3-Milliarden-Dollar-Vermögensverwaltungsfirma mit den Vorteilen einer Investition in Bitcoin und bezeichnet die Flaggschiff-Kryptowährung als eine aufstrebende Anlageklasse, die jetzt weniger riskant ist, mit wachsendem Interesse von sowohl privaten als auch institutionellen Investoren.

Das Dokument sagt, dass Bitcoin „besser als Gold ist“. Es führt auch an, dass niedrige Zinssätze und „beispielloses Gelddrucken“ zu der Prämie beitragen, die auf knappe Vermögenswerte wie Gold, Kunst, Immobilien und Bitcoin gesetzt wird.

Investitionen in Bitcoin gewinnen unter traditionellen Finanzinstitutionen an Fahrt.

Die Lebensversicherungsgesellschaft MassMutual investiert ebenfalls 100 Millionen Dollar in BTC. Darüber hinaus verkauft die 51 Milliarden Dollar schwere globale Investmentfirma Jefferies Gold für BTC.

MicroStrategy, das größte unabhängige börsennotierte Unternehmen für Business Intelligence, hält nun mehr als 1 Milliarde Dollar in Bitcoin, nachdem es im Laufe des Jahres mehrere Käufe getätigt hat.

Crisis management: Spanish community creates its own cryptocurrency

A smartphone that says cryptocurrency in English lies next to an outstretched Spanish flag on a stone surface.

In order to boost its own economy, the Spanish community Lebrija has issued its own crypto currency to the local population. The „Elio“ is linked to the euro. The ECB should, however, monitor developments closely.

In the Spanish province of Seville, the municipality of Lebrija has chosen a creative approach to the economic consequences of the pandemic. Like the Spanish news agency Europa Pressreported, the city council has decided to issue its own cryptocurrency, the „Elio“. The digital payment method is part of the municipal reactive plan, firmly linked to the euro and is transferred to 593 selected beneficiaries as economic aid. The amount varies between 50 and 200 euros. In addition, the Bitcoin Evolution should also benefit 393 local companies. 400 euros are earmarked for this per company. According to the news agency, 165 stores have already registered on the platform. The City Council’s technical director, David Pérez, says about how it works:

The city council has created a digital wallet for the cryptocurrency Elio, which is pegged to the euro. Users have to download the dedicated app in order to benefit from the advantages of the Elio.

Pepe Barroso, Mayor Lebrijas, adds:

The creation of this virtual currency will ensure that the aid received will be implemented directly in local stores.

Elio as a pilot project for the ECB?

The „Elio“ is primarily intended as an additional tool in the context of economic aid. The cryptocurrency could also play a secondary role. As is well known, the ECB is still in the test phase for a digital euro. A decision is still pending as to whether and, above all, when a digital euro could be introduced. The ECB should therefore follow developments in the cryptocurrency with an eagle eye and incorporate the knowledge gained from this into its evaluations. ECB boss Christine Lagarde sees the possible use of the e-euro as more complementary to the physical counterpart. In a newspaper interview she said:

It could be important in a number of future scenarios, from a decline in the use of cash to preventing the introduction of foreign digital currencies in the euro area.

National cryptocurrency on the rise in China

While the ECB is still evaluating in Europe, China is already one step further. In December, a lottery was repeatedly held in Suzhou City, with 20 million digital yuan being raffled among the population. The lottery consisted of a total of 100,000 packages, each worth 200 digital yuan. All citizens with permanent residence in the east Chinese city were eligible to participate. The winners were able to spend the cryptocurrency at participating stores and online shops at the annual “Double-12” shopping festival.

Do Your Own Research: How to Analyze a Token – Part 1

Before making a crypto investment, a token should be carefully considered. Issues such as token distribution, technology or regulation play an important role here. You can orientate yourself well on the various guidelines for your own due diligence.

DYOR – Do Your Own Research: The ability to do your own research is one of the basic skills that successful investors – whether traditional or crypto-savvy – must bring with them. In the case of ICO investments, the analysis of the token structure plays a major role. In this way, the token of a project can be evaluated more precisely with regard to the technology, the regulatory classification and the intended use case.

As far as classification is concerned, there are different systems, each with different priorities and with different levels of complexity. This series of articles introduces some systems that can help potential crypto investors with their research.

Token Distribution

When starting the analysis of an ICO, a hard fork or the start of a new cryptocurrency, it is worth taking a look at token distribution. Has there been extreme centralization there from the start? If a large part of the tokens will still be with the project after an ICO, the project has the price in hand and can initiate pump-and-dump maneuvers if necessary. The same can be said about pre-mining in the case of hard forks and new cryptocurrencies.

Technical consideration

Technology-savvy people make a distinction according to whether the tokens belong natively to a blockchain or were issued on an already running blockchain. Crypto Engine is the native asset of the Ethereum blockchain, while the Basic Attention Token (BAT), for example, is just one of numerous ERC-20 tokens that do not have their own blockchain, but rather use Ethereum.

So with regard to issues such as scalability or transaction speed, in the case of BAT and other ERC-20 tokens, it should be borne in mind that many different use cases run on the Ethereum blockchain and bottlenecks may arise. On the other hand, the technical analysis of an ERC20 token is easier than in the case of Bitcoin, for example, since the underlying smart contract is often written in Solidity and is therefore easier to check.

External factors: regulation

However, there are also approaches that are based less on the underlying technology than on regulation. The Federal Association of Blockchain makes this distinction:

Cryptocurrencies are primarily used as a means of payment. Bitcoin is a good example of this.

Utility tokens have a specific function beyond their use as a means of payment. A good example of this is Ethereum, a cryptocurrency that, thanks to smart contracts, can be used for significantly more things than for payment purposes.

Security tokens are similar in shape to securities. In other words, they correspond to shares, so that rights of participation and / or dividend payments are possible. Examples of this are tokens, the mere possession of which leads to a further distribution, such as NEO.

This distinction is important for investors, as regulatory bodies view the three token forms differently. The consideration as a security, which occurs with security tokens, is relevant under tax law. In addition, this classification entails special regulatory requirements for organizers of an ICO.

Afronding van de Decentrale Financieringssaga’s van 2020

  • 2020 heeft zijn aandeel gehad in de schandalen, saga’s en soap opera’s van DeFi.
  • De decentrale financiering heeft in 2020 een lange weg afgelegd in een korte tijd.
  • In 2021 zullen er waarschijnlijk nog veel meer nieuwe en „slimmere“ protocollen ontstaan.

Wil je meer weten? Word lid van onze Telegramgroep en krijg handelssignalen, een gratis handelscursus en dagelijkse communicatie met cryptofans!

Het Trust Project is een internationaal consortium van nieuwsorganisaties dat standaarden voor transparantie opbouwt.

Decentrale financiering (DeFi) is de katalysator geweest voor het momentum van de crypto-markt in 2020, maar niet alles is soepel verlopen voor de embryonale industrie. Met talloze Bitcoin Revolution nieuwe producten en penningen, en grotendeels ongeteste slimme contracten en code, zijn er op zijn zachtst gezegd een paar ups en downs geweest.

Van flitsleningen tot tapijttrekkingen tot oplichterij, hacks en crypto-tribalisme, 2020 heeft zijn eerlijke aandeel gehad in DeFi-schandalen, saga’s en soap-opera’s. We zullen de grootste hier samenvatten en een blik werpen op wat de sector in 2021 te wachten staat.

Het vroege begin van DeFi

Aan het begin van 2020 was de totale waarde vergrendeld (TVL) over alle DeFi-protocollen slechts 680 miljoen dollar, volgens DeFi Pulse. Tegen het einde van het jaar waren er negen individuele protocollen met meer dan dat bedrag aan onderpand opgesloten, waarvan vijf meer dan een miljard dollar in TVL.

Het totale bedrag aan vergrendeld onderpand bereikte 15 miljard dollar in 2020, een monumentale stijging van 2.100 procent, sinds begin januari. DeFi-gerelateerde penningen zijn de best presterende van dit jaar geweest, hoewel velen de afgelopen maanden zwaar hebben gecorrigeerd.

Net als bij de hoogconjunctuur van 2017 – 2018 zullen sommigen overleven en blijven groeien, terwijl de meerderheid zal wegzakken en in de vergetelheid zal raken. Er zijn immers maar zo veel voedselgeoriënteerde boerenbassins nodig.

De eerste grote hik voor DeFi kwam in februari, toen het uitleen- en margehandelsprotocol bZx het eerste serieuze slachtoffer werd van 2020, met twee flitsleningen die resulteerden in het verlies van bijna 1 miljoen dollar aan gebruikersfondsen.

De heldendaden genereerden een crescendo van kritiek van DeFi-tegenstanders en bitcoin (BTC) maximalisten, die op dat moment beweerden dat het hele ecosysteem een oplichterij was en gecentraliseerd werd.

Maartse markt chaos

Het DeFi-ecosysteem leed zwaar in maart, toen de wereldwijde financiële markten in het kielzog van de covid-19-pandemie smolten. Cryptocurrency’s kelderden, en DeFi onderpand dumpte 50 procent toen beleggers in paniek raakten, hun leningen liquideerden en hun belangen verkochten.

De toonaangevende protocol op het moment, Maker, leed slecht in de Zwarte Zwaan gebeurtenis die resulteerde in de massa-liquidatie van de overgrote meerderheid van de kluizen, wat resulteerde in ongeveer $ 4 miljoen in DAI wordt onder-collateralized en veel beleggers verliezen hun fondsen.

In april en mei volgden nog enkele hacks, toen imBTC en dForce werden aangevallen, en in juni leed Bancor aan een slimme contractexploitatie.

DeFi-markt momentum werd gekatalyseerd door Compound Finance, dat was het eerste protocol om te schoppen uit de liquiditeit landbouw razernij die zou domineren de komende drie maanden en leiden tot veel gekte en een aantal saga’s in de beginnende industrie.

Op de eerste dag van de handel, het protocol COMP token werd de meest waardevolle DeFi-activum, waardoor het een markt GLB „eenhoorn,“ als het bereikte een miljard dollar. De beschuldigingen van marktmanipulatie, waarbij een van ’s werelds grootste gecentraliseerde beurzen betrokken was, werden ongeveer geboeid door de beurzen die de heetste munt van DeFi op een rijtje zetten. Coinbase, die in 2018 in Compound Finance investeerde, had destijds een vrij grote invloed op de koersrichting.

Tegen het einde van het jaar had de penning echter meer dan 50 procent gedumpt, omdat andere smaken het hadden gebruikt en het protocol van de TVL-lijst viel.

De klonenoorlogen stonden op het punt te beginnen en anonieme codeurs begonnen met het dupliceren van open source-slimme contracten om hun eigen DeFi-landbouwprotocollen te lanceren, met wisselend succes.

Yam Finance schopte de DeFi-dubbelganger van de voedselproductie, die ertoe zou leiden dat miljarden dollars in crypto onderpand zouden worden verschoven van protocol naar protocol, omdat ontaarde boeren (of degens als ze bekend werden) de volgende snelle bok opjaagden.

Investment guru Paul Tudor Jones points to Bitcoin’s long-term chance of success

The current price development seems to be behaving similarly to gold in the 1970s, which could soon mean a long-term upswing.

A two-year segment of the long-term price development of Bitcoin indicates that the market-leading cryptocurrency is currently in the early stages of a multi-year upward trend that could bring its long-term exponential growth.

Bitcoin with a similar development to gold

As can be seen from the graphic above, the Bitcoin price has developed roughly similar to gold in the years 1975-1977 in the last two years. There are two good reasons why the cryptocurrency will have a comparable upturn as this in the next few years Precious metal in the following years. First, Bitcoin Future is limited to a fixed amount in circulation, which makes it an attractive hedge against inflation, and second, it has a similar function as a store of value to gold.

In August 2020, the Winklevoss twins, who are among the largest investors in Bitcoin and themselves run the large American crypto exchange Gemini, published a theses paper in which they explained how and why Bitcoin could climb to 500,000 US dollars in the future.

In their thesis paper, they name several properties that make the market-leading crypto currency a legitimate means of hedging

The twins particularly emphasize the fact that Bitcoin will never experience severe supply shocks, as is potentially possible with gold. To this end, they explain:

„Offer. Bitcoin is not only a scarce commercial product, but also the only one in the entire universe that has a predetermined and fixed amount in circulation or a fixed supply. As a result, there will never be supply shocks with Bitcoin, as is the case with gold or other commodities whose supply could grow suddenly in the future. “

Because of this, it would be permissible to think of Bitcoin as a better means of hedging than gold. For many observers, the recurring comparison with gold alone is a hint that the crypto currency will achieve exponential growth in the long term.

BitPay and Travala.com launch Crypto Travel gift card

BitPay and Travala.com Team Up to Offer Travala Gift Cards.

Gift cards can be purchased with over 30 different tokens.

10% discounts are available until December 31st.

Bitpay, an Atlanta, Georgia-based cryptocurrency payment service provider that has been operational since 2011, has partnered with Travala.com , a leading , open- ended travel reservation service for cryptocurrencies .

New Crypto Travala.com gift cards

The gift cards offered can be paid for in Bitcoin Era reviews and other cryptocurrencies, as well as fiat currencies.

Buy travel gift cards with #Bitcoin and other cryptocurrencies at a 10% discount, redeemable for over 3 million travel products worldwide.

Travala Gift Cards will be redeemable on over three million travel products on Travala.com and can be purchased with over 30 different crypto tokens , up to a limit of $ 20,000.

Founded in 2017 and based in Chorley (near Manchester), Travala.com is one of the leading cryptocurrency-friendly travel booking services. Travala even has its own native cryptocurrency, AVA, which traded at around $ 0.70 for most of November.

In addition to Travala.com, BitPay also provides payment services for other gift cards, such as those found on Amazon, Apple’s App Store, Cineplex, and Ticketmaster. BitPay also offers its services to many other companies. A complete directory of merchants can be found on its website.

Despite the current Corona-infused travel crisis , Juan Otero of Travala.com and Sonny Singh of BitPay were both very positive about their partnership and the future of paid travel in cryptocurrency:

Travel Gift Cards have been a product we’ve been keen to bring to our customers for some time, so we’re excited to have found a BitPay partner to help bring the idea to life.

As Christmas approaches and to add a little Christmas cheer, Travala is offering a 10% discount on the purchase of Travala.com gift cards before the end of the year.

BitPay reputation

Some in the crypto community view BitPay negatively after the service blocked crypto donations to the Hong Kong Free Press last year. He also rebounded a donation of $ 100,000 to the Amazon Rainforest Fire Relief Fund.

Time will tell if BitPay can save some of its reputation as it advances in the travel industry.