DOT: The bridge builder for the Internet of tomorrow

Eleven years after Bitcoin’s genesis, the world is still waiting for the blockchain revolution: word of its quality as a store of value has long since got around in non-crypto circles. But the big killer apps based on blockchain are still a long time coming. This is partly because Ethereum is still the basis of most decentralized applications (dApps). The second largest crypto network by market capitalization launched in 2015 as the first blockchain capable of running programs. Can Polkadot (DOT) bring blockchain technology to mainstream?

Teething problems that Ethereum gnaws at to this day, including: Above all, the lack of scalability has repeatedly proven to be a bottleneck for the success of decentralized apps based on Ethereum. The decentralized financial services (DeFi) branch that flourished this year is a dramatic demonstration of the overuse of Ethereum. The network charges have risen to a record level due to the high demand. If you have to pay high double-digit dollar amounts in gas fees to exchange ether for one of the currently popular DeFi tokens, small investors in particular quickly lose their interest in DeFi.

Ethereum 2.0 is supposed to help. Phase 0 could start this year. However, according to Ethereum co-founder Vitalik Buterin, a few more winters should pass before Eth2 is fully functional.

Gavin Wood, another co-founder of Ethereum and former CTO of the Ethereum Foundation, recognized early on that Ethereum 2.0 is making slow progress. And so he launched a new project to put the vision of a decentralized “Web 3.0” into practice: Polkadot.

Relay chain, parachains and bridges : this is how Polkadot works

In contrast to Bitcoin or Ethereum (1.0), Polkadot does not rely on a single blockchain, but on several that run hierarchically above or next to each other: The Polkadot protocol is entirely dedicated to interoperability – the cross-blockchain interaction of different networks.

The heart of Polkadot is the relay chain. It is the glue that holds all the networks connected to Polkadot together. The relay chain has interfaces (“slots”) that other networks can use to “dock” to Polkadot. So-called parachains are used here. These are specialized blockchains (or other data infrastructures) that focus on a single area of ​​application (e.g. IoT, financial services, insurance or gaming).

The bridges are a special case of parachains. As the name suggests, these are bridges that link the Polkadot network with other large blockchains – above all Bitcoin and Ethereum. This creates new opportunities to bring Bitcoin units to Ethereum in tokenized form. In this way, Bitcoiners can let their BTC „work for themselves“ in the Ethereum-based DeFi space, for example.

While Ethereum 2.0 and Polkadot share some fleeting similarities, we believe that their end goal is radically different and that rather than competing with each other, the two protocols are likely to co-exist in a mutually beneficial relationship for the foreseeable future

Polkadot white paper

Substrates: the blockchain construction kit

With Substrate, Polkadot also offers developers a kind of „blockchain construction kit“ that enables them to assemble a new blockchain from different modules and connect it to Polkadot. Substrate provides ready-made components, for example for node implementations, cryptography, network consensus and data storage. Developers can thus set up their own blockchain relatively easily without having to make concessions on network security: All parachains – even those that are not based on substrates – are secured via the consensus mechanism of the relay chain.

TPS that get Visa wet eyes

What Ethereum now has to laboriously create in retrospect is already in place at Polkadot from the start: Consensus-finding via proof of stake. While with Bitcoin (and so far also with Ethereum) the process of confirming blocks is not only slow but also extremely energy-hungry, Proof of Stake promises a significantly higher transaction throughput. And that with a much lower energy consumption.

In combination with the Parachains, Polkadot should be able to process over 166,000 transactions per second (TPS). Chief developer Gavin Wood expects up to one million TPS in perspective. For comparison: Bitcoin has an average of 3 to 5 TPS, Ethereum also only has 12 to 15 TPS. Even credit card providers look old in comparison: Visa can provide up to 65,000 TPS, according to information on the company’s website. Of course, the 166,666 TPS are theoretical maximum values ​​that have yet to be achieved in practice.

DOT: One token, three tasks

The platform’s own DOT token is used in three areas. In the area of ​​network governance, DOT owners can use their tokens to participate in elections and referendums on protocol changes. Each DOT holder is also entitled to make their own suggestions.

DOT is also required for the operation of the network. Holders can use DOT tokens to nominate the validators of transaction blocks in order to get a chance to receive a share of the block reward.

Finally, DOT tokens are required for connecting a parachain. As long as a parachain is connected to the relay chain, a certain number of DOTs must be stored.

Comment Bitcoin se compare-t-il aux autres investissements?

Crypto Code a bien fonctionné et s’est constamment hissé au sommet des crypto-monnaies au cours des 12 dernières années.

Bien sûr, Bitcoin avait une longueur d’avance car c’était la première crypto-monnaie à être lancée, mais Bitcoin est toujours une option d’investissement parmi tant d’autres

Un bon investisseur cherche toujours à faire des bénéfices, et il regarde les tendances pour voir s’il vaut la peine d’investir dans un produit. Si des changements dans la société ou l’investissement le rendent plus souhaitable, alors la demande pour cet investissement augmentera très probablement, et si l’offre ne change pas, le prix du produit augmentera avec le temps.

Un bon investisseur se penchera sur les temps et déterminera si le prix augmentera mais achètera l’actif quand il est encore bon et bas pour le vendre plus tard lorsque le prix augmentera. Le climat actuel qui rend les investisseurs précaires quant à leurs choix est Covid-19.

La pandémie

La pandémie a affecté des investissements comme le marché du logement parce que les gens font défaut sur leur prêt hypothécaire parce qu’ils perdent leur emploi. Les investissements qui vous obligent à vous rendre sur place ont été affectés en raison des verrouillages gouvernementaux et des conditions de verrouillage des différents niveaux.

Au Royaume-Uni, ils sont à trois niveaux. Le niveau 1 limite les rassemblements à des groupes de 6 à l’intérieur ou à l’extérieur, ce qui signifie que les restaurants et les cafés ne peuvent plus bénéficier de réservations de plus de six.

Le niveau 2 signifie que vous ne pouvez pas socialiser avec quelqu’un avec qui vous ne vivez pas à l’intérieur, mais que vous êtes autorisé à vous réunir en groupes de six à l’extérieur. Le niveau 2 concerne les pubs, les clubs, les bars et tout lieu de fête tel qu’une patinoire ou un bowling.

Le niveau 3 signifie que vous ne pouvez pas socialiser avec quelqu’un avec qui vous ne vivez pas.

Les niveaux ont signifié que des investissements particuliers ne sont tout simplement pas judicieux. Malgré la pandémie, Bitcoin a continué d’augmenter.

Ripples XRP has risen 200% since November

Unbelievable price promotion: Ripples XRP has risen 200% since November

Ripple’s XRP has risen enormously in recent days as the coin is finally starting to catch up with Bitcoin and the decentralised finance (DeFi) market.

Despite the fact that the token has not experienced any fundamental events, it is still exploding higher and by Bitcoin Investor seems to be unstoppable on its upward climb. The coin has risen by over 50 per cent in the last 24 hours alone, reaching a price of $0.75, the highest in many years.

According to market data, Ripple’s XRP is the most powerful crypto asset in the top 100 in the last 24 hours – apart from Stellar Lumens (XLM), the cousin of the third largest crypto currency.

The coin briefly rose to $0.92 on Coinbase – and only Coinbase, and it appeared that the market makers for the XRP markets on the stock exchange had run out of money – or that they had withdrawn their orders to maintain their books.

On other exchanges, Ripples XRP only reached $0.80, which shows how absurd this rally has been.
WTF? Ripples XRP is pumping?

The rally of Ripples XRP has caught many traders with their proverbial pants down.

Many openly admit on Twitter that they did not expect such a move to come so soon. Now the coin has risen by more than 200 per cent since the beginning of the month and basically surpasses all other altcoins except some DeFi blue chips.

Industry researcher Larry Cermak comments:

„Coinbase’s 10 per cent price increase notifications for XRP have literally sparked spamming on my phone in the last 24 hours. I don’t know what to make of this. Stupid money is here“

Coinbase’s 10% price increase notifications for XRP are literally spamming my phone in the last 24 hours. I don’t know how to feel about that. Dumb money is here

Many see this as a sign that the retail investors who drove the last crypto-bull run have returned.

Ripple’s XRP was basically a dead coin until the last three weeks.

The token set a series of lower highs and lows until late 2019, early 2020 and even well into the summer. Many thought the crypto currency would never recover.

Stellar Lumens (XLM), the coin launched by Ripple co-founder Jed McCaleb, is also shooting up.

The two cousins have long been going on rally in tandem, both with the „X“ at the beginning of their tickers.

XLM has gained 70 percent in the last 24 hours, making it the best performing crypto asset in the top 100 by market capitalisation.

Like Ripple’s XRP, XLM was largely behind other top Altcoins such as Ethereum and Litecoin in recent weeks. Many see this share price action as a fall back to the middle.

Bitcoin pode enfrentar alguma pressão de venda

Bitcoin pode enfrentar alguma pressão de venda a curto prazo como depósito de baleias à base de coca

  • O Bitcoin passou por alguma ação de preço instável após um empurrão para $19.000 na semana passada.
  • Ki Young Ju, CEO da Crypto Quant, disse recentemente que a moeda poderia enfrentar uma correção nos dias e semanas seguintes.
  • A porcentagem de depósitos de baleias em relação aos depósitos de varejo nos endereços da Coinbase aumentou, ele observou.

Bitcoin poderia ver o preço cair como a proporção de depósitos de baleia

O Bitcoin passou por alguma ação de preço instável após um empurrão para $19.000 na semana passada. A moeda atualmente é negociada por $18.200, $800 abaixo Bitcoin Circuit dos máximos locais (e dos máximos do ano até a data) e cerca de $700 acima dos mínimos locais, perto de $17.500.

Os analistas temem que a moeda criptográfica possa voltar a ser negociada, pois as tendências na cadeia sugerem que há algumas vendas ocorrendo.

Ki Young Ju, o CEO da plataforma de dados criptográfica Crypto Quant, observou recentemente que a moeda criptográfica poderia enfrentar uma correção em meio a um aumento dos depósitos de baleias para trocas. Ele observou que, de acordo com seus dados, a porcentagem de depósitos de baleias nos endereços da Coinbase aumentou, sugerindo que há grandes detentores procurando vender:

„Demasiadas baleias de $BTC em #Coinbase. Ainda estou em alta a longo prazo, mas talvez enfrentemos algumas correções ou de lado até que as baleias fiquem inativas nas trocas pontuais. *Rácio de troca de baleias é o tamanho relativo dos 10 maiores influxos para o total de influxos. Dados históricos para a relação #Coinbase Whale Ratio. Quando as baleias estão ativas (mais de 90%) na Coinbase, o preço de $BTC provavelmente estará indo para o lado ou para baixo“.

Demasiadas baleias de $BTC na #Coinbase.

Ainda estou em alta a longo prazo, mas talvez enfrentemos algumas correções ou de lado até que as baleias fiquem inativas nas trocas pontuais.

*Rácio de troca de baleias é o tamanho relativo dos 10 maiores influxos para o total de influxos.

Chart👉 https://t.co/5X4qPIV4HV pic.twitter.com/qDMqRk3RyH

– Ki Young Ju 주기영 (@ki_young_ju) 22 de novembro de 2020

De acordo com Willy Woo, outro analista da cadeia que pegou esta tendência, esta venda pode não ser uma grande preocupação. Comentando sobre como as vendas por velhos/grandes detentores de Bitcoin podem não ser em si mesmas em baixa, ele escreveu recentemente:

„Costumava ser que os picos de destruição ou dormência seriam um mau sinal para o mercado, pois as velhas Bitcoins têm mestres mais experientes, portanto, dinheiro mais inteligente; isto predizia uma queda de preço. Atualmente, nem sempre as baleias OG também vendem fundos. Chegou o dinheiro mais inteligente. Postar isto agora, pois enquanto há tanto FOMO e fundamentos fortes sendo lançados, há também sinais de que o mercado está sendo superaquecido localmente. Eu ficaria muito surpreso se nós quebrássemos o gelo na primeira tentativa sem uma rejeição, ou consolidação, antes de uma segunda corrida“.

Este não é o único motivo de preocupação para os touros Bitcoin.

As taxas de financiamento dos principais mercados futuros de Bitcoin estão atualmente no meio de um pico mais alto, apesar da Bitcoin estar realmente caindo. Isto sugere que há muitos negociadores de derivativos que estão procurando por um longo período de queda.

Os analistas temem que isto possa resultar em uma correção para este mercado. A questão é que os longos com alavancagem excessiva podem facilmente vender suas posições em tandems, levando a correções rápidas mais baixas frequentemente quando a taxa de financiamento é alta.

Bitcoin bricht entscheidend über dem Widerstand aus

Bitcoin ist aus einem aufsteigenden Dreieck ausgebrochen.

Es gibt Unterstützung bei 15.800 $.

BTC ist wahrscheinlich in der letzten Teilwelle der fünften Welle

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Das Trust Project ist ein internationales Konsortium von Nachrichtenorganisationen, die Standards für Transparenz entwickeln.

Der Bitcoin Billionaire brach schließlich aus dem Widerstandsbereich von 15.800 USD aus und erreichte ein Hoch von fast 16.500 USD.

Während ein kurzfristiger Rückgang auftreten könnte, um das Gebiet als Unterstützung zu validieren, sieht es nicht so aus, als hätte BTC noch einen Höchststand erreicht.

Bitcoin bricht aus

Der Bitcoin-Preis wurde seit dem 5. November unter dem Widerstandsbereich von 15.800 USD gehandelt. Nachdem ein aufsteigendes Dreieck gebildet worden war, konnte der Preis gestern endlich ausbrechen und erreichte ein Hoch von 16.494 USD, bevor er leicht fiel.

Der Bereich von 15.800 USD wird nun wahrscheinlich als Unterstützung dienen und fällt auch mit einer aufsteigenden Unterstützungslinie zusammen.

Kurzfristig zeigt BTC eine Schwäche. Nach der Erstellung von zwei bärischen Kerzenleuchtern hat der Preis ein abendliches Sternmuster erstellt , das normalerweise als bärisches Umkehrmuster angesehen wird.

Daher ist es möglich, dass der Preis zurückgeht, um den Bereich von 15.800 USD als Unterstützung zusammen mit der aufsteigenden Unterstützungslinie zu validieren, bevor er schließlich höher steigt.

Trotz des Ausbruchs zeigt der tägliche Trend eine Schwäche in Form der erheblichen rückläufigen Divergenz des RSI, der sich ebenfalls im überkauften Bereich befindet.

Weder der MACD noch der Stochastic Oscillator zeigen jedoch eine Schwäche.

Darüber hinaus hat der Preis das Fib-Widerstandsniveau von 0,786 bei 16.140 USD erreicht, gemessen am Allzeithochpreis von 2017.

Wenn man dies mit der bärischen Divergenz kombiniert, zeigt sich, dass sich BTC wahrscheinlich dem Höhepunkt seiner Aufwärtsbewegung nähert.

Wenn sich der Anstieg fortsetzt, liegt die nächste Widerstandsstufe bei 17.264 USD.

Living with different crises, Argentina and Chile resort to Bitcoin for economic protection

The economic crisis in Argentina and the political crisis in Chile lead the population to seek economic protection options.

Living with different crises, Argentina and Chile resort to Bitcoin for economic protection

Opinion Two of South America’s most important countries are experiencing serious crises this year and seem to be turning to Bitcoin for economic protection: Argentina and Chile.

Our two neighboring countries live in different scenarios, but they leave no room for doubt, they live in crisis: Chile has been going through an economic and social crisis for over a year and has now culminated in the approval of a plebiscite to overthrow the constitution, which was the legacy of the dictator Augusto Pinochet’s period. Argentina is experiencing the serious consequences of three years of recession aggravated by the pandemic, dragging along with it the „eternal“ exchange crisis, with increased inflation, a surge in the dollar and increased poverty.

Chainalysis points out that the biggest blows with Bitcoin in Latin America are from Brazil

Macri’s failure and miserable growing with Fernández

The economic policies of neoliberal Mauricio Macri, who promised „zero poverty,“ domination of inflation and foreign investment, in the words of the former president himself, have failed. He delivered the country with extreme poverty indices (38% of the population, 8% in miserable conditions), explosion of inflation and devaluation of almost 40% of a currency that was already fragile and scarce foreign investment.

The neoliberal failure lit the kirchnerist flame in the country, which had been extinguished, and led to the election of Alberto Fernandez last year. With the arrival of the pandemic, Argentina made a lockdown that was relatively successful in public health, but it was an economic and social failure.

Almost seven months after the quarantine, Argentina is poorer and more unequal, there was a lack of essential products, inflation skyrocketed and the government now intervened in the possibilities of economic protection of the population itself, limiting the purchase of dollars to $ 200 per person and with tax of 35% on purchases in credit and debit cards using dollars.

The situation is so serious that banks and citizens are already trading in dollars, replacing the peso and generating a heated clandestine market. As a result, the country’s foreign exchange reserves melted to a mere $37 billion, almost 10% of that of neighboring continental Brazil.

Former World Bank director Otaviano Canuto tried to explain the Argentine crisis to the government360:

„The restriction measures in place were already harsh, and the government tightened them further, hitting individuals and companies, going far beyond the ‚invading‘ foreign investors. In the case of companies, the government is trying to force them to restructure their foreign debts“.

The scenario seems to boost the market for cryptomoeda. Coindance data on the P2P LocalBitcoins exchange prove this thesis. The exchange registered its highest trading volume in Argentina in June 2020, with more than US$ 125 million traded for two weeks in a row.

The country, which already has in the culture of the population the habit of saving dollars for economic protection since the 1990s, now also resorts to cryptomoedas in these cases. With the worsening of the COVID-19 indexes in the last two weeks and a series of protests in the country, the fear of the population has also become Bitcoin.

Trading at LocalBitcoins was less than $70 million in early October, before the government announced more interventionist measures to buy dollars, to more than $90 million last week, a significant 23% increase in days weeks in the volume traded at BTC.
In Chile, the violence of the political crisis and the end of the Pinochet constitution

Argentina’s neighbor in the Pacific Ocean, Chile, is experiencing a violent political upheaval that began in October 2019 and did not even cool down during the pandemic. The liberal government of Salvador Piñera had a small victory in proposing a plebiscite last week, overthrowing the ultraliberal constituent inherited by the Augusto Pinochet dictatorship, one of the most bloodthirsty and perverse on the continent.

Argentina’s neighbor in the Pacific Ocean, Chile, is experiencing a violent political upheaval that began in October 2019 and did not even cool down during the pandemic. The liberal government of Salvador Piñera had a small victory in proposing a plebiscite last week, overthrowing the ultraliberal constituent inherited by the Augusto Pinochet dictatorship, one of the most bloodthirsty and perverse on the continent.

From October 2019 until today, politics dominates the debates in Chile.

Institusjoner som støtter Bitcoin: hva du kan forvente

Selv om markedet ble rystet da den regulatoriske hammeren rammet BitMEX i begynnelsen av oktober, har den siden kommet seg. Bitcoin, den største eiendelen, la merke til plutselig press gitt panikken i markedet, men det klarte å holde på og komme seg de neste dagene og nå en verdi på $ 11.731, noe som ikke ble sett på en stund.

Selv da Square kunngjorde sin investering i Bitcoin Trader, absorberte markedet nyhetene og handlet ikke for ustabilt. Dette har vært en funksjon som ble pekt som et tema av mange tradisjonelle investorer, men over tid har Bitcoin fått modenhet og sammen med det tilliten til institusjonelle investorer.

Bakkt, CME, LMAX Digital

Ifølge dataleverandøren Arcane Research var Bakkt Bitcoin-børsen vitne til en ny rekordhøy måned fra september til oktober. Økningen i interesse fra institusjoner fulgte hovedsakelig interessen til selskaper som Microstrategy og Square.

Siden børsen er viet til institusjonelle investorer i USA, antydet ovennevnte økning i volum den økende appetitten blant institusjoner for BTC.

Arcane fremhevet denne veksten ved å merke seg at det var 400 BTC-kontrakter som skulle utløpe i oktober på Bakkt. Dette var en økning på 14% fra september. Mens den åpne interessen for Bakkt så en gradvis økning siden midten av september. OI 15. oktober var rundt $ 18 millioner, men den noterte en nedgang på $ 3 millioner 16. oktober.

Bortsett fra Bakkt, var andre brukte plattformer av institusjoner LMAX Digital og CME, som også har lagt merke til et økt volum i oktober. I følge Skew ble LMAX Digital nummer to når det gjaldt 24-timers BTC spotvolum, etter Coinbase.

LMAX Digital overskred imidlertid det daglige volumet av andre fremtredende børser som Bitstamp, Kraken og Gemini. Mens CME-interessen hadde en sterk oppadgående trend siden begynnelsen av måneden. Den har flyttet fra 345 millioner dollar til 515 millioner dollar 16. oktober. Dette var ganske tydelige indikasjoner på en sterk etterspørsel fra institusjonene om BTC.

WER HAT AKTUELL DIE KONTROLLE ÜBER BITCOIN?

  • Bitcoin war im Laufe des letzten Tages Zeuge eines starken Verkaufsdrucks, aber die Bullen konnten den größten Teil davon absorbieren
  • Dieser Verkaufsdruck ließ die Krypto-Währung schließlich auf Tagestiefststände von knapp unter 10.800 Dollar fallen, woraufhin die Käufer aufstiegen und sich vor weiteren Kursrückgängen hüteten.
  • Ein Analyst stellt nun fest, dass die kurzfristige Entwicklung des Kurses fast vollständig davon abhängen könnte, ob die Bullen ihren Preis über einem entscheidenden Niveau halten können oder nicht.
  • Während er darüber sprach, sagte der Analyst, dass BTC bis zum Verlust des unteren 10.000-Dollar-Bereichs nach wie vor gut positioniert sei, um deutlich mehr Aufwärtspotenzial zu sehen.

Bitcoin und der aggregierte Kryptomarkt haben in den letzten Tagen einige Turbulenzen erlebt. BTC war nicht in der Lage, eine nachhaltige Position über 11.000 $ zu behaupten, während die meisten anderen Altmünzen weiter nach unten fallen.

Es ist wichtig, darauf hinzuweisen, dass der Zustand des Marktes jetzt davon abhängt, wohin sich BTC als nächstes entwickelt, da es wahrscheinlich weitreichende Auswirkungen auf Ethereum und andere Altmünzen haben wird.

Ein Händler erklärte, dass, solange Crypto Engine in den kommenden Wochen und Monaten über etwa 10.000 $ hält, das Unternehmen gut gerüstet sein könnte, um einen erheblichen Aufschwung zu sehen.

Davon abgesehen bleiben 11.100 $ eine entscheidende Marke, die schließlich überwunden werden muss, da ein Versäumnis, dies zu tun, zu starken Verlusten führen könnte.

BITCOIN ZEIGT ANZEICHEN VON SCHWÄCHE NACH ABLEHNUNG VON $11.000

In den letzten Tagen hat Bitcoin versucht, in der Region der unteren 11.000 US-Dollar Fuß zu fassen.

Diese Region war lange Zeit eine starke Widerstandszone für die Krypto, und dies gilt auch weiterhin, da ihr Preis unterhalb dieser Region bleibt.

Zum Zeitpunkt des Verfassens dieses Artikels notiert Bitcoin bei seinem derzeitigen Preis von 10.900 $ um knapp 2 % niedriger. Dies entspricht in etwa dem Preis, zu dem die Krypto-Währung in den letzten Tagen und Wochen gehandelt wurde.

ANALYST: BULLS BEHALTEN DIE KONTROLLE ÜBER BTC, WENN SIE EINE SCHLÜSSELEBENE HÄLT

Während er über die kurzfristigen Aussichten der Krypto-Währung sprach, erklärte ein Analyst, dass die Bullen sie fest im Griff haben, solange sie über 10.000 Dollar bleibt.

Er weist auch darauf hin, dass er 11.100 Dollar sprengen muss, damit seine Makro-Stärke anhält.

„Der Trend ist zinsbullisch, solange er über dem violetten Kasten liegt – dieser Abfluss könnte als ‚höheres Tief‘ angesehen werden“.

Ob Altcoins in den kommenden Wochen und Monaten weiterhin eine parabolische Dynamik erleben können, könnte fast ausschließlich von der letztendlichen Reaktion von Bitcoin auf diese beiden Schlüsselniveaus abhängen.

Bitwise Bitcoin Fund verdoppelt sich auf 9 Mio. $, da die Ängste der Anleger wegen der galoppierenden Inflation zunehmen

Bitwise Forschungsleiter Matthew Hougan(CoinDesk-Archiv)
Paddy Baker
Bitwise Bitcoin Fund verdoppelt sich auf 9 Mio. $, da die Ängste der Anleger wegen der galoppierenden Inflation zunehmen

Akkreditierte Investoren, die über eine außer Kontrolle Crypto Superstar geratene Inflation besorgt sind, haben Millionen in den Bitcoin-Fonds von Bitwise gesteckt, um den Wert ihrer Portfolios zu erhalten.

Eine geänderte Einreichung bei der Securities and Exchange Commission (SEC) in der vergangenen Woche zeigte, dass der Vermögensverwalter insgesamt knapp 8,9 Millionen Dollar für seinen Bitcoin-Fonds aufgebracht hat, der akkreditierten US-Investoren ein Engagement in Bitcoin über ein traditionelles Produkt ermöglicht.

Dies markiert den größten Anstieg der beschafften Vermögenswerte in der zweijährigen Geschichte des Fonds. Ein Antrag aus dem Jahr 2019 zeigt, dass der Bitcoin-Fonds Investitionen in Höhe von 4,1 Millionen Dollar angezogen hat, was bedeutet, dass sich die Größe des Fonds im vergangenen Jahr mehr als verdoppelt hat.

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Während die Akzeptanz von Bitcoin in der traditionellen Investment-Gemeinschaft sprunghaft angestiegen ist, erklärte Bitwise’s Forschungsleiter Matthew Hougan gegenüber CoinDesk, dass die unmittelbarere Ursache für den sprunghaften Anstieg des Fondsvolumens in der Sorge um die galoppierende Inflation zu suchen sei.

„Mit der beispiellosen Ausweitung der Bilanz der Fed, den radikalen Summen der fiskalischen Stimuli und der neuen und deutlich schwächeren Inflationspolitik der Fed suchen [Bitweise-Kunden] nach einer Absicherung“, sagte er in einer E-Mail.

„Bitcoin ist die effizienteste Inflationsabsicherung, die es auf dem heutigen Markt gibt“, fügte er hinzu.

Siehe auch: Erster Anbieter: Während die Zentralbanken $1,4B pro Stunde drucken, wetten Bitcoiners auf die ‚Gefangennahme‘ der Federal Reserve

Fiskalische Anreize sind zu einem bevorzugten Instrument für Regierungen und Zentralbanken geworden, wenn sie darum kämpfen, die wirtschaftliche Aktivität nach der Pandemie am Leben zu erhalten. Die US-Notenbank pumpte zunächst mehr als 2,8 Billionen Dollar in die Wirtschaft und senkte die Zinsen auf Tiefststände.

Während der Kongress im Vorfeld der Wahlen im November über ein weiteres Konjunkturpaket in Höhe von 2,4 Billionen US-Dollar debattiert, sagte der Vorsitzende der US-Notenbank, Jay Powell, in diesem Monat, dass die Zentralbank die Geldpolitik mindestens drei Jahre lang wahrscheinlich nicht straffen werde und sogar eine Inflation über dem 2%-Ziel tolerieren werde, um den Rückgang der Verbraucherpreise auf dem Höhepunkt der Pandemie auszugleichen.

Hougan sagte, dass viele der Kunden von Bitwise Finanzberater seien, die wohlhabende Anleger betreuen, die selbst über die lähmenden Auswirkungen, die eine Inflation auf ihre Portfolios haben kann, besorgt seien. Viele Investoren sehen in der festen Versorgung von Bitcoin mit 21 Millionen als ein Mittel zur Werterhaltung für den Fall, dass eine lockere Geldpolitik zu einer galoppierenden Inflation führt.

In der Tat haben andere Fondsmanager ähnliche Nachfrageschübe von derselben Schicht gut betuchter Investoren erlebt. Im Sommer fanden 250 Millionen Dollar den Weg in drei von der New Yorker Digital Investments Group (NYDIG) verwaltete Fonds; Pantera Capital teilte der SEC im August mit, dass es fast 165 Millionen Dollar in Platzierungen von qualifizierten Investoren erhalten habe, die mindestens 5 Millionen Dollar wert sind.

Police interrogate Bithumb CEO on fraud case

Initial media reports about a raid on Bithumb seem to be coming true.

In the alleged case of fraud involving executives at the large crypto exchange Bithumb, the CEO of the trading platform has now been asked for questioning

Like the Yonhap news agency on September 18 reported , the police wants the South Korean capital Seoul Lee Jung-hoon, the chief executive officer of Bithumb Korea and Bithumb Holdings, consult in the case.

Lee is accused of multiple frauds in connection with the failed listing of the cryptocurrency BXA. As a result, the defrauded investors should have suffered damage of up to 25 million US dollars. In addition, Lee is said to have embezzled funds from users of his platform and invested in projects abroad.

Another member of the Bitcoin Era board of directors, Kim Byung-gun, is believed to be involved in the BXA fraud along with Lee. However, the police have not yet opened an investigation into Kim.

Today’s news follows recent media reports that Seoul police have confiscated some of Lee’s shares in Bithumb Holdings.

The CEO had previously tried to take over the crypto exchange in full

As Cointelegraph reported , the police have already carried out two searches of Bithumb’s offices in September on suspicion of fraud.

Cointelegraph has asked Bithumb to comment on the case, but has not yet received any feedback.