Bitcoin está em um ‚ponto de inflexão‘ no comércio internacional, disse o Citi

A adoção convencional está ao alcance do Bitcoin, de acordo com analistas do Citi.

A maior criptomoeda do mundo, Bitcoin ( BTC ), está em um momento decisivo na história, de acordo com análises do banco de investimento dos Estados Unidos Citigroup.

O Bitcoin está agora em um “ponto de inflexão” para se tornar a moeda preferida para o comércio internacional ou enfrentar uma “implosão especulativa”, disseram analistas do Citi

De acordo com um relatório da Reuters na segunda-feira, os analistas do Citi estão confiantes de que o Bitcoin está prestes a se tornar popular. De acordo com o relatório, o tremendo potencial do Bitcoin foi alimentado por grandes movimentos de Bitcoin recentes por empresas como Tesla e Mastercard .

Os analistas do Citi escreveram: “Há uma série de riscos e obstáculos que impedem o progresso do Bitcoin. Mas pesar esses obstáculos potenciais contra as oportunidades leva à conclusão de que o Bitcoin está em um ponto de inflexão. ”

Os analistas do Citi também sugeriram que a adoção predominante do Bitcoin poderia ser ajudada pelos desenvolvimentos da moeda digital, como as moedas digitais do banco central e stablecoins indexados a fiduciários

A notícia surge em meio a uma grande correção no mercado de criptomoedas, com o Bitcoin caindo para menos de $ 44.000 ontem, depois de atingir um novo recorde de mais de $ 58.000 no início de fevereiro. No momento da publicação, o Bitcoin é negociado a US $ 47.285, um aumento de cerca de 4,5% nas últimas 24 horas, de acordo com dados do índice de preços Bitcoin da Cointelegraph.

De acordo com alguns especialistas, a regulamentação global pode ser um dos maiores obstáculos para a adoção do Bitcoin por investidores institucionais. A diretora de pesquisa de investimentos da Bridgewater, Rebecca Patterson, disse na última quarta-feira que a certeza regulatória em torno do Bitcoin resolveria alguns dos maiores problemas da criptomoeda associados à alta volatilidade e baixa liquidez.

Här är de amerikanska finansförslagen för Bitcoin och ‚virtual currency‘ plånböcker

De verkar inte särskilt lovande trots kryptoindustrins snabba tillväxt det senaste året.

Plånböcker som är „självvänliga“

En frisläppning från US Treasury Department på måndagen redogjorde för regeringens förslag att reglera kryptotillgångar, plånböcker och vitlistning av mottagningsadresser för medborgarna. Finansdepartementets avdelning för ekonomisk brottsbekämpning (FinCen) bjuder in kommentarer till sina förslag, tillade tillkännagivandet.

Det stod, „USA välkomnar ansvarsfull innovation, inklusive ny teknik som kan förbättra det finansiella systemets effektivitet och utöka tillgången till finansiella tjänster.“

Tillsynsmyndigheten sa vidare att förslaget eftersträvade rättsligt skydd för medborgare och användare, förutom att skydda nationell säkerhet. Dessutom skulle sådana regler hjälpa brottsbekämpning genom att öka transparensen i digitala valutor och „stänga kryphål som maligna aktörer kan utnyttja“, skrev de.

FinCen angav att sådana tillgångar som „konvertibel virtuell valuta (CVC)“ och „digitala tillgångar med status som lagligt betalningsmedel (LTDA)“ uppgav att banker och penningtjänstföretag (MSB) skulle behöva lämna rapporter, hålla registrerar och verifierar kundernas identitet i förhållande till transaktioner över vissa tröskelvärden som involverar sådana plånböcker som inte är värd för ett finansiellt institut (även kallat “ohostade plånböcker”) eller CVC / LTDA-plånböcker som värd för en finansiell institution i vissa jurisdiktioner som identifierats av FinCEN.

Sekreterare Steven T. Mnuchin sa i detta avseende:

„Denna regel tar upp betydande nationella säkerhetsproblem på CVC-marknaden och syftar till att stänga de luckor som maligna aktörer försöker utnyttja i regerings- och rapporteringsregimen.“

Han lade till förslaget som redan gäller finansinstitut och överensstämmer med befintliga krav. „Det är avsett att skydda nationell säkerhet, hjälpa brottsbekämpning och öka transparensen samtidigt som man minimerar påverkan på ansvarsfull innovation,“ tillade Mnuchin.

Banksters till krypto

Som sådant bygger förslaget på befintliga krav på banksekretesslagen som gäller banker och MSB genom att föreslå att rapporteringskrav läggs till för CVC- och LTDA-transaktioner som överstiger 10 000 USD i totalt värde.

Det skulle finnas ett ytterligare krav för banker och MSB att föra register över en kunds transaktioner och motparter, inklusive identitetsverifiering och om en plånbokstransaktion överstiger $ 3000-siffran.

Under tiden har vissa kryptoindustrins ledare redan uttalat sin missnöje med de föreslagna lagarna, ända sedan de svävade sedan november förra året. Coinbase VD Brian Amstrong sa vid den tiden att sådana arkaiska lagar skulle hindra utvecklingen av snabba (och framåtblickande) industrisektorer som DeFi.

Hans lösning? Be regeringen att acceptera kryptomarknaden som den är (minus bedrägerier och skadliga aktörer). Undrar vem på statskassan skulle lyssna på det.

HONIGDACHS #59 – NEW YEAR, NEW BITCOIN PROJECTS

The 59th episode of Honigdachs is here, the bitcoin podcast that Stefan, Manuel and I started because talking about bitcoin only once a month at the Leipzig Bitcoin-Stammtisch was too little for us in the long run. (Subscribe to podcast)

Honey Badger #59 – New Year, New Bitcoin Projects
After we ended on a rather minor note in terms of mood in the last episode of 2020, things are looking different again now, at the beginning of 2021. While there are once again a number of annoying and worrying events to discuss – data leaks, regulatory idiocy, journalism failures, etc. – the positives still outweigh the negatives for us. Not only is the Bitcoin price stable „over 9000“ (cheap! cheap!), but Bitcoin as a whole is maturing and growing.

We are not entirely innocent of this either. Anyone who has been working intensively with Bitcoin for a while knows the phenomenon. Before you know it, you are no longer just a passive participant or observer, but become active yourself and get something going.

Electricity, money, future – we have to talk and act!
So we also have two new projects at the start, which we introduce in this episode and which we will probably also talk about from time to time in the coming ones: Magic Future Money and netpositive.money

But hear for yourself what both are about and feel free to give us feedback on what you think of them.

L’intérêt ouvert de 13 milliards de dollars

L’intérêt ouvert de 13 milliards de dollars pour les contrats à terme Bitcoin indique un fort optimisme chez les opérateurs

Le rebond rapide de Bitcoin vers 40 000 dollars montre que les traders professionnels restent optimistes sur la principale devise de cryptologie

Le prix du Bitcoin (BTC) a récupéré 27% en seulement trois jours après avoir testé le support à 31 000 $, et hier les traders haussiers ont de nouveau touché le niveau de 40 000 $.

Cette reprise rapide s’est produite malgré la plus grande liquidation longue globale en un seul jour, qui a effacé 1,5 milliard de dollars des carnets de commandes. Il est intéressant de noter que les négociants en contrats à terme semblent être revenus encore plus déterminés.

Après un événement de liquidation de cette ampleur, l’intérêt accru des négociants en contrats à terme est quelque peu inattendu, mais les investisseurs professionnels sont Bitcoin Revolution habiles à couvrir des positions et à exécuter des stratégies complexes impliquant des options.

Pour évaluer l’impact des récentes liquidations et mieux comprendre le positionnement de ces opérateurs sur les marchés à terme, nous devons commencer par analyser l’intérêt en cours. De fortes contractions de cette mesure pourraient suggérer que les traders ont été pris au dépourvu et qu’ils sont actuellement réticents à ajouter des positions.

Comme l’indiquent les données ci-dessus, l’intérêt ouvert des contrats à terme de la BTC a atteint un sommet historique à 13 milliards de dollars le 14 janvier, soit une croissance de 74 % par rapport au mois précédent.

Pour ceux qui ne sont pas familiers avec les contrats à terme, les acheteurs et les vendeurs sont toujours assortis. Chaque contrat long parie sur une nouvelle hausse et a été négocié avec une ou plusieurs entités désireuses d’ouvrir une position courte.

Les marchés à terme ont survécu au crash test

La reprise rapide de Bitcoin après son récent creux indique deux alternatives : soit les traders ont une grande tolérance au risque et ne sont donc pas affectés par ces larges fluctuations de prix, soit la plupart de cette activité est composée de transactions de couverture et d’arbitrage.

Des stratégies de couverture sont utilisées pour protéger les commerçants. Par exemple, vendre des contrats à terme tout en conservant une position plus importante sur la CTB dans un portefeuille froid. En revanche, les stratégies d’arbitrage impliquent peu ou pas d’exposition directionnelle, de sorte que les mouvements de prix n’affectent pas les performances de négociation. Les négociants peuvent vendre des contrats à terme à long terme de la CTB tout en achetant simultanément des contrats perpétuels, dans le but de tirer profit de toute distorsion des prix.

La meilleure façon de savoir si les opérations directionnelles et les paris à effet de levier ont dominé la scène est d’analyser la prime des contrats à terme et le taux de financement des contrats à terme perpétuels.

Ces indicateurs ont tendance à fluctuer profondément lors de changements de prix inattendus si le mouvement a été entraîné par des opérations à effet de levier. À l’inverse, les paramètres restent relativement stables si les opérateurs n’ont pas d’exposition directionnelle et mettent donc principalement en œuvre des stratégies de couverture et d’arbitrage.

Le taux de financement des contrats à terme perpétuels a à peine bougé

Les contrats perpétuels, également appelés swaps inversés, ont un taux intégré qui change généralement toutes les huit heures. Lorsque les acheteurs (longs) sont le côté qui demande le plus d’effet de levier, le taux de financement devient positif. Par conséquent, ce sont eux qui paieront les frais. Ceci est particulièrement important pendant les „bull runs“, des périodes typiquement caractérisées par une plus forte demande de positions longues.
Taux de financement des contrats à terme perpétuels de la CTB

Millennials har talt: Bitcoin er deres guld, og her er hvorfor

Da gigantiske virksomheder suger rigdom fra bunden 90%, giver Bitcoin tilflugt til masserne.

Med en anden ATH-pris nået finder Bitcoin sig i tjeneste for både de velhavende og de mindre heldige. For det meste kan vi takke årtusinder for at være vedholdende nok til at drive Bitcoin til dette punkt. Af denne grund skal vi undersøge de bagvedliggende årsager, der får tusindårsgenerationen til at blive Bitcoin-evangelister.

Millennials er drivkraften bag Bitcoins vækst

Der er kun få så vigtige faktorer i produktadoptagelse som en aldersgruppe. Tilsvarende skylder Bitcoin meget af sin hurtige markedsindtrængning og vækst til sin målgruppe – Millenials. Repræsentanter for mennesker født mellem 1980 og 1996 er årtusinder den største generation i USA og tegner sig for omkring 72 millioner mennesker.

Når det kommer til Bitcoin-adoption, kunne aldersgruppernes betydning ikke overvurderes. Dette var en af ​​de mest slående indsigter fra The Tokenists egen komparative Bitcoin adoptionsundersøgelse. I 2020, selvom størstedelen af ​​respondenterne var fortrolige med Bitcoin – 78% af årtusinder og 61% af de samlede respondenter – kun 4% af respondenterne over 65 år udtrykte vilje til faktisk at købe Bitcoin.

I modsætning hertil rapporterede omkring halvdelen af ​​årtusindene deres iver for at udnytte kryptovaluta-økosystemet via Bitcoin. Desuden øgede årtusinder fra samme undersøgelse deres tillid til Bitcoin over traditionelle pengeinstitutter med 24%. Næsten ensartet – med 93% – foretrækker de over 65 år hellere at stole på de store banker.

Forkrøblet social mobilitet

Det er ikke ligefrem klart, hvorfor den ældre demografiske stædigt – og konsekvent – er kommet væk fra Bitcoin. Når folk når en bestemt alder, falder viljen til at engagere sig i nyhedskoncepter og vaner drastisk. I modsætning hertil er årtusinder blevet nedsænket i den digitale verden fra deres teenageår.

Man kunne let konkludere, at tusindårs digital nedsænkning perfekt supplerer Bitcoin Lifestyle-adoption. Dette er dog kun en del af ligningen. Desværre er den amerikanske drømmes overflade, udtrykt i den ofte misbrugte sætning, „træk dig op af dine bootstraps“, blevet latterligt.

Byrdet af skyhøje studentergæld, jobmuligheder mindsket af den ubarmhjertige tilstrømning af udenlandske arbejdstagere, virksomheder, der tilskynder til gig-økonomi … er blot nogle af de faktorer, der mindskede social mobilitet hos yngre generationer. Selv før den pandemi-inducerede økonomiske ødelæggelse boede 47% af de unge voksne i alderen 18-29 år hos deres forældre. Siden juli er dette steget til over halvdelen – 52%.

Digital tilvænning + økonomiske problemer = konservativ tankegang tilpasset Bitcoin

At se deres udsigter afvige fra deres forældres livsstil er årtusinder vokset til at pleje en konservativ økonomisk tankegang. Mens de er overraskende for mange, har tusindårige en tendens til at spare tidligt, fra 24 år, og udtrykke angst, hvis de ikke lægger penge nok i banken. I mellemtiden voksede Bitcoin i styrke, da yngre generationer blev malet til engangsøkonomiske enheder.

Bitcoin, som en deflateret kryptokurrency uden for Feds pengemængdeskud, overlevede adskillige krypto-udvekslingshacks, medier og lovgivningsangreb i løbet af 2020 – i sidste ende at blive det sikre havneaktiv for internetgenerationerne.

Som et resultat, når du er omgivet af institutioner, der har vist, at de er uinteresserede i dit velbefindende, kan årtusinder let stole på et bevist aktiv, som ingen central enhed kontrollerer. I den nye verden, hvor lockdowns forårsagede den største overførsel af velstand i historien, er Bitcoin blevet tusindårslyset i mørket – skinner som digitalt guld.

Bitcoin Bull is a reality, is it too late to join the game?

Bitcoin continues to test new levels as highs, but, its volatility generates nervousness. What options does the crypto market have?

The price of Bitcoin has skyrocketed in the last two months. After consolidating at $10,000 for several months, the largest crypto by market cap rushed to crush a dozen psychological resistance as it reached $40,000 today.

That’s how Bitcoin has increased by over 380% in the last 12 months. And, with it, the value of the entire crypt currency market reached $1 trillion after the Bitcoin spike. Need more evidence that the Bitcoin Bull is a reality?

Everyone’s talking about the Bitcoin Bull

Once again, Bitcoin is one of the world’s main talking points. Driven by FOMO, more and more retail investors are daring to take a stand and pushing up the price of crypto.

However, such a Bitcoin Bull push may not be sustainable, many investors still vividly remember the boom and bust of 2017. In fact, some analysts have warned that breaking 50K or more may not be an easy task for Bitcoin.

Institutional Investors are the Key Support

A comforting comment from Bexplus‘ Director of Analytics, Justin Kwok, is that strong corrections are unlikely, as institutional investors are still building up Bitcoin and keeping it.

In fact, as evidence of this, three days ago Bitcoin Revolution scam fell below 30K, but buyers quickly intervened to protect the level. That’s because, if Bitcoin revisits $30,000 or lower, it would be an excellent opportunity for investors to buy low.

Still, many viewers are hesitant to join in for fear of the high volatility of Bitcoin. We have to understand that not everyone can hold out when the value of Bitcoin falls by 50%. But, we should also be aware that the high volatility of Bitcoin creates great opportunities.

Specifically, futures trading offers good opportunities to profit from Bitcoin’s rising and falling prices, making it one of the most popular instruments besides spot trading.

There are also opportunities in volatility and Bexplus offers them to you

Therefore, in Bexplus, you can invest in BTC, ETH, XRP, LOS and EOS perpetual contracts with up to 100x leverage. To illustrate, you can use 0.1 BTC to open a short (predict it will fall) or long (predict it will rise) contract worth 10 BTC.

For example, if we open the contract when Bitcoin is quoted at $12,000 and close it when it falls to $11,000, the profit would be ($12,000 – $11,000) * 100 BTC / $11,000 * 100% = 9.09 BTC, which makes the ROI 909%.

Easy registration without KYC

Crypto traders can create an account with email only and this process only takes a minute. No KYC protocol is performed during trading, so you don’t have to worry about information leakage.

100% bonus to help you maximize profits

The doubled margin helps you increase your profits! Deposit 1 BTC and you get 2 BTC. Up to 10 BTC’s are available on each deposit and you can withdraw all profits generated by the bonus. In addition, larger margins mean that your positions are less likely to be liquidated. Therefore, your positions will be better secured in the highly volatile market.

10 BTC for Demo Account

Bexplus is known to be a beginner friendly crypto exchange, so each user will get a demo account with 10 BTC’s upon registration. Therefore, users can explore futures trading with the demo account and learn how to analyze the market.

BTC Wallet: up to 30% annualized interest with no risk

In addition, Bexplus users can benefit from more than just trading. More specifically, you can join the Bexplus wallet to earn up to 30% annual interest without taking any risk.

With up to 30% annualized interest, it is undoubtedly one of the most profitable rates in the industry. While most lending platforms require traders to deposit at least 1 BTC, traders can make a deposit starting at 0.05 BTC into Bexplus.

Trade freely on Android and iOS

The first level Bexplus application integrates all the necessary functions and tools (real-time graphics, a variety of indicators, news alerts, etc.). This while maintaining a minimalist and intuitive interface.

Therefore, with the Bexplus application, you can manage your account anywhere and anytime you want. In addition, 24/7 notification will keep you up to date with major price movements, making it easy to secure your positions.

We can expect the road to a new record to be bumpy. However, we must keep in mind that as there is greater fluctuation, more opportunities arise in the crypto market.

That’s how in Bexplus, you can profit from this Bitcoin Bull no matter which way the crypto goes. If you hope to take advantage of these opportunities, don’t hesitate to join Bexplus now!

It never took so much gold to buy bitcoin – this old-fashioned millionaire annoyed at BTC atomizing his toy

Bitcoin is worth more than its weight in gold – Safe havens are popular right now in the face of inflation risks hanging over fiat currencies more than ever. Although it is the “new kid” in the store of value category, Bitcoin Era is proving to be the most attractive of all today.

17.5 ounces of gold for a single bitcoin

The year 2020 will have been trying for all working people on the planet, with an anxiety-provoking news dominated by the health crisis (then the economic crisis) of the Coronavirus .

2 assets however fared well and experienced new all-time highs (ATH) in their valuation this year: gold and Bitcoin .

However, if gold was the quickest to rebound after the crisis – exceeding $ 2,000 an ounce (31.1 g) – as of last summer, it is indeed the king of cryptos who ended the year in a bullish fireworks display .

As Bitcoin.com reports , it has never taken so much gold to buy a bitcoin. Indeed, on the day of January 3, 2021, while an ounce of gold was trading at nearly $ 1,945 per ounce, the price of BTC reached a new ATH above $ 34,000. .

At this point in time, therefore, it took approximately 17.5 ounces of the precious metal to obtain a single copy of the digital asset.

Bitcoin’s „insolence“ towards gold which infuriates some

With his many admonitions to the king of cryptos, we hardly need to introduce Peter Schiff . This old-school millionaire and investor is as much a fan of gold as he is an opponent of Bitcoin .

In one of his last tweets, he could not help criticizing, once again, the invention of Satoshi Nakamoto:

“The only valid reason to buy bitcoin is to think that the bubble is going to get a lot bigger before it bursts. Most bitcoin buyers don’t even know it is a bubble and therefore will never sell. And for those who know, they will be unable to see when it [the bubble] will burst. It is therefore also unlikely that they will come out with any benefit. „

To try to understand our favorite gold metal fanatic, you have to listen to his main point. For him, gold is the only store of value because people who buy the precious metal now “will be able to sell it in the future” to buyers who “really need” to use gold as the metal.

Conversely, for the millionaire, Bitcoin would be just a game of pure speculation , where investors simply hope that they can resell their BTCs at a higher price to people who, in turn, hope for the same thing later.

In the end, this bickering does not take into account the most essential element. Indeed, whether one chooses Bitcoin or gold, the goal is above all to protect against the risk of collapse of fiat currencies by hyperinflation. To counter this, digital asset and precious metal seem like smart choices, but one horse might just be faster than the other.

Crypto Twitter celebrates Christmas with a new Bitcoin milestone

The price of Bitcoin is over $24,600 at Christmas while the crypto Twitter explodes with euphoria.

Crypto Twitter celebrates Christmas cheer with a new historical record for Bitcoin Lifestyle culminating a tremendous year for the digital asset.

Bitcoin’s price reached a peak of USD 24,661.76 at Bitstamp, surpassing the previous record set last week. The altcoin market also recovered, with Ethereum (ETH), Litecoin (LTC) and XRP registering impressive increases.

Bitcoin’s biggest supporters turned to Twitter to celebrate the new milestone and to remind their followers to keep waiting as the new year approaches. Gemini co-founders Cameron and Tyler Winklevoss have expressed some enthusiasm:

„Merry Christmas! Santa left us $24,500 for #Bitcoin under the tree.

„Merry Christmas! No coal this year, $24,500 for #Bitcoin instead.

Mike Novogratz hopes that the Biden administration will reverse Donald Trump’s anti-cryptomoney stance

Bitcoin’s historic peak is giving Morgan Creek Asset Management’s Anthony Pompliano extra energy for Christmas Day:

„Bitcoin reaches a new historical record on Christmas Day, that’s the energy I’m here for.

Bitcoin and Black America tweeted about the new digital asset high saying, „Merry Christmas, you filthy animals.

Galaxy Digital CEO Mike Novogratz also celebrated Christmas by admiring a bright moon, which is a direct reference to Bitcoin’s meteoric rise.

„Favorite gift. The moon“.

MicroStrategy CEO Offers to Share Bitcoin Strategy Book with Billionaire Elon Musk

The crypto data analysis firm Bloqport celebrated Christmas with a GIF from Michael Saylor raising a glass to Bitcoin:

„#Bitcoin breaks all-time highs. Merry Christmas!“

Robert Breedlove, author of Thank God for Bitcoin, had a more serious message to convey to the community at Christmas:

„Bitcoin encourages patience and reflection.

Fiduciary currency induces hasty and misguided investments to overcome inflation.

In what world do you want to live: one in which capital is allocated with patience and consideration, or one in which it is allocated feverishly and maniacally?“

BitGo’s assets reach $16 billion as institutional adoption grows

Su Zhu of Three Arrows Capital also reminded the forks to keep holding:

„Hodl Jo Jo Happy holidays to all!“

The YouTuber Crypto Daily commented on Bitcoin „rebounding during an illiquid holiday,“ which is a testament to the upward potential of digital currency. „USD 100,000 is FUD now,“ he said.

2020 will be a historic year for Bitcoin. While many institutions have been claiming for years that „institutions are coming,“ this year finally delivered on those revelations.

Crypto sector: These three trends can be identified for 2021

The year is drawing to a close, so the question is what will fundamentally change for the crypto sector in the coming year. The last Friday comment for this year should therefore outline the three biggest changes and make forecasts.

1. Institutional investors take the helm

In the last half of 2020, an expectation of the last few years was finally fulfilled: institutional investors have discovered the crypto market for themselves and, with their inflows of billions, are ensuring unabated price increases for Bitcoin. Almost every day there are new reports from hedge funds, asset management companies and companies that are pumping two or three-digit million amounts into the crypto market.

As much as this may please one or the other Bitcoin Profit investor, it also means, conversely, that the rules are now being made by the professionals on Wall Street and City of London and no longer by private investors or native crypto companies. Compared to regulated futures and options exchanges such as the CME, CBOE or Bakkt, crypto exchanges are thus becoming less relevant. After all, the new institutional investors do not trade with tokens at Binance and Co., but rather via futures on the aforementioned derivatives exchanges. Crypto traders will therefore also have to adapt their analysis methods in 2021.

At the same time, public opinion is shaped more strongly by the old economy. After all, it is their analysts and company spokesmen who classify the situation on the crypto markets.

The new medium of tokens is transferred to the corset of the old world by building appropriate indices and securitizing digital assets in securities certificates. The situation is increasingly reminiscent of German car manufacturers. Although we know that electric mobility is the future, we still cling to combustion engines and build hybrid vehicles as a compromise.

2. Regulation leaves no stone unturned

With the arrival of the old economy in the crypto sector, the rules of the game are also being adapted. Everything is becoming more regulated, the free spaces are becoming smaller. Already in 2020 warnings from politics were often heard that they were ready to heavily regulate and, if necessary, ban crypto currencies and, above all, stablecoins. In 2021, the fight against anonymity in the crypto space will be announced, as was recently emphasized and partially implemented by the G7 and above all France .

Laws on KYC are passed across states in the interests of each state. In particular, digital central bank money (CBDC) and stablecoins such as Facebook’s Diem, formerly Libra, will usher in a new crypto age in 2021. Also worth mentioning here is PayPal, which will continue to roll out its existing crypto service in 2021. Corporations are taking back control of the crypto market and user data in coordination with the states – this is the compromise for the green light.

Greater consumer protection, greater user-friendliness, rising prices due to more and above all professional market participants are the positive sides of this change. On the other hand, decentralization and the crypto narrative are turned inside out. In 2021, control will go back to some extent from the end consumer to the state or corporation. After all, it is primarily custodial wallets on which Bitcoin and Co. are stored. The user is therefore giving up access to the crypto offers of the newer hour more and more often. 2021 will therefore be a downright sad year for advocates of high privacy.

As a consequence of this regulatory offensive, a stronger counter-movement will slowly form in 2021, which is fed by the DeFi ecosystem. When it comes to really decentralized protocols, be it decentralized credit networks (crypto lending) or decentralized stock exchanges (DEX), authorities and corporations break their teeth. A decentralized DeFi ecosystem does not fit into their regulatory concept and will therefore increasingly offend. If not yet in 2021, this will lead to a massive regulatory conflict. The current discussions about Diem, on the other hand, should seem harmless. Before that happens, the DeFi sector has to grow significantly first.

HODLers move 200,000 BTC from 2013

Bitcoin dinosaur awakes: HODLers move 200,000 BTC from 2013

Bitcoin price rises sharply in price and can record price gains. The picture shows a price curve and stacked Bitcoins.

Recent data from Unchained Capital an Crypto Trader show that old Bitcoin dinosaurs from 2013 are apparently using the current time to move a large part of their BTC. In this article we want to take a look at the so-called HODL Waves and understand what is actually behind this term.

Bitcoin stocks to move again between 2013 and 2015

Especially in the world of Bitcoin, the „buy and hold“ mentality is very strong. In the classic financial world, one speaks of an investment behaviour that is characterised by buying an A share and then holding it for a long period of time.

In the crypto world we call this phenomenon HODLen. It is not uncommon for investors to choose an investment horizon of several years and thus consider Bitcoin as a long-term investment.

A recent analysis by Unchained Capital now shows that Brund 200,000 BTC, which were inactive for 5 to 7 years, were moved in the current price rally.

Nearly 1% of the total supply of #bitcoin moved out of long-term storage (>1 year in the same address) during the price run-up from $13,700-$19,670 in November.

61.43% of the supply of bitcoin has not moved out of long-term storage (>1 year in the same address) during the price run-up from $13,700-$19,670 in November. #HODLwaves, h/t @glassnode https://t.co/by2nmlXQIJ pic.twitter.com/WPrserjaSN

– Unchained Capital (@unchainedcap) December 3, 2020

So, as the chart above shows, some investors have moved their „old“ Bitcoin. From the current perspective, the early investors were able to make enormous profits with BTC.

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Profit taking from long term investors

For example, the Bitcoin price was between USD 134 and 1150 in the period from 2013 to 2015. This means that those who invested in the crypto currency 7 years ago could now record profits of around 1500 up to almost 14,000%!

The following chart now shows the Bitcoin UTXO chart

If you have never heard of the term and are looking for a detailed explanation, we recommend the article on Bitcoin UTXO.

Due to the recent movements, the picture of the UTXO Age Distribution is shifting. Above all, this shows that some investors have probably not „lost“ their Bitcoin, but were deliberately waiting for a renewed price increase.

While some analysts still assumed in 2018/2019 that many Bitcoin would have had to be moved in 2017 with the all-time high at that time, we now see that investors were probably waiting for another bull run.