Soon new all-time high for Bitcoin? So bullish are institutions now on BTC & Co.

  • Bitcoin has experienced a strong upswing in recent months. Data suggest that this rally is a result of mass accumulation of both retail investors and institutional players such as Square and Grayscale.
  • Square and Grayscale alone accumulated $2.3 billion worth of Bitcoin in the last quarter.
  • In relation to the ratio: Bitcoin-Miner contributed BTCs worth around $1 billion over the last quarter.

Institutions accumulate Bitcoin en mass

Bitcoin has experienced a strong recovery in recent months in the face of the worst economic situation for several decades and great uncertainty. Since the lows in March, the price of the leading crypto currency has risen by around 350%, outperforming most other macro assets.

BTC is currently traded for $15,700 – well above the 2019 highs and close to the 2018 highs. The leading crypto currency has gained 50% in the last 30 days alone, gaining momentum despite bearish news events.

This strong recovery in the price of Bitcoin System appears to be linked to the accumulation of institutions and retail investors.

Hans Hague of Ikigai Asset Management recently noted that his analysis shows that Square and Grayscale alone accumulated US$2.3 billion worth of Bitcoin in the last quarter. Grayscale is the world’s largest digital asset manager, while Square is the Fintech company that offers Bitcoin purchases to its clients via the Cash App.

To put this BTC amount into context Bitcoin-Miner have contributed approximately $1 billion worth of BTC over the last quarter. This suggests that the inflows from Grayscale and Square alone have resulted in a loss of $1.3 billion of BTC, which probably contributed to the upturn.

This does not mean that only the miners have sold their Bitcoins. There were probably many other sellers, as some were not convinced that BTC would rise in the face of a pandemic.

Liquidity crisis on the sales side

However, the purchase of Bitcoin by Grayscale and Square is only the tip of the iceberg. For example, prior to this step, crypto-asset analyst „Light“ noted that there are institutional players who are actively buying BTC:

„Much of the buying pressure that has been competing for a shortage of BTC sell-side liquidity in recent weeks comes from institutional players. They are buying from people who are in the credibility phase“.

Several news events indicate that this is the case. MicroStrategy has purchased $425 million worth of Bitcoin in the last three months, while Square has purchased $50 million for its own balance sheet. In addition, Stone Ridge Asset Management, Paul Tudor Jones‘ fund and other Wall Street players have bought the crypto-currency as investments for their customers.

Analysts believe that this accumulation will lead to a „liquidity crisis on the selling side“, with prices rising rapidly – as sellers will not sell even though more buyers are coming.

Ethereum 2.0 confirmed for December 1st: threshold exceeded hours before expiry

Only nine hours before the Ethereum deposit contract expired, the required threshold of 524,288 ethers was reached.

With this, ETH 2.0 comes on December 1st

The start of Bitcoin Trader scam was scheduled for 1.12. confirmed after 524,288 ethers ( ETH ) were transferred from 16,384 validators to the ETH 2.0 deposit contract , since this on November 4. opened.

Despite initial concerns about low staking participation, transfers to the deposit contract increased rapidly over the last day. Over 200,000 ETH has been paid into the contract in the last 14 hours.

Ether in the deposit contract: Dune Analytics

The Ethereum 2.0 chain is now set to go online at the earliest possible start date, December 1st. This will happen automatically seven days after the threshold is reached.

Participants can only have their coins paid out again in phase 1.5 of ETH 2.0. In this, the Ethereum mainnet is merged with the ETH2 chain and the split environment. Many hodlers are waiting for third parties to introduce staking services that offer a withdrawal feature. However, the risk of exit fraud is very high.

The threshold set in the deposit contract was reached about nine hours before the deadline.

Les pièces de monnaie de la vie privée n’existent plus ?

Les pièces de monnaie de la vie privée n’existent plus ? CipherTrace dépose des brevets pour le traçage des transactions Monero

L’entreprise affirme qu’elle sera en mesure d’identifier les XMR utilisés à des fins illicites pour soutenir les enquêtes criminelles.

La société d’analyse cryptographique CipherTrace a annoncé vendredi qu’elle avait déposé deux brevets pour une technologie capable de tracer Bitcoin Lifestyle les transactions de la pièce Monero.

Dans un blog de CipherTrace daté du 20 novembre, la société a déclaré que les brevets incluraient des outils médico-légaux pour explorer les flux de transactions Monero (XMR) afin d’aider aux enquêtes financières, des méthodes statistiques et probabilistes pour évaluer les transactions et regrouper les propriétaires probables de portefeuilles, ainsi que des outils de visualisation et des moyens de tracer les XMR volés ou utilisés illégalement.

„Les capacités de traçage Monero de CipherTrace permettront aux fournisseurs de services d’actifs virtuels d’identifier les cas où les XMR entrants pourraient avoir des origines criminelles, ce qui leur permettra d’évaluer correctement les risques liés aux transactions des clients conformément aux réglementations en vigueur“, indique le blog. „[Notre] objectif est de permettre la détection des utilisateurs criminels, augmentant ainsi la sécurité et la durabilité des pièces de monnaie de la vie privée comme Monero à l’avenir“.

Alors que les bitcoins (BTC) restent le moyen d’échange préféré de nombreux utilisateurs du marché des darknets, les pièces de confidentialité comme le XMR sont de plus en plus acceptées. Les services répressifs n’ont pas encore trouvé de moyen fiable de tracer Monero, et des entreprises comme CipherTrace ont une opportunité – la société aurait travaillé sur un moyen de tracer les transactions XMR depuis le début de 2019.

Le PDG de CipherTrace, Dave Jevans, a déclaré à Cointelegraph en août que la société avait développé le premier outil de suivi des transactions de Monero.

Un tel outil pourrait potentiellement soutenir les enquêtes sur les crimes et réduire les incidents de blanchiment d’argent

La société a déclaré avoir développé ces outils de traçage Monero-tracing dans le cadre d’un projet avec le Département américain de la sécurité intérieure, mais ce dernier n’est pas la seule agence gouvernementale à chercher un moyen d’identifier les portefeuilles XMR, les dates et heures des transactions. En septembre, l’Internal Revenue Service a annoncé qu’il donnerait une prime pouvant aller jusqu’à 625 000 dollars à quiconque pourrait casser Monero.

Les capacités des outils de traçage de CipherTrace n’ont pas encore été confirmées. Un représentant de Monero Outreach a déclaré à Cointelegraph en octobre qu’ils seraient „très méfiants à l’égard de toute affirmation selon laquelle les sociétés peuvent tracer les transactions de Monero“ et que toute entreprise qui le ferait serait peu susceptible de „tracer les portefeuilles ou les montants de toute transaction“.

Le prix du Monero est de 123,37 dollars au moment de la publication, ayant chuté de 3,6 % au cours des dernières 24 heures.

Ray Dalio vuole che tu cambi idea sull’investimento in Bitcoin

Il critico miliardario di criptovalute Ray Dalio ammette che potrebbe sbagliarsi su Bitcoin durante l’ultima impennata dei prezzi e sta cercando nuove prospettive.

Il capo degli hedge fund Ray Dalio dice che „potrebbe mancare qualcosa“ su Bitcoin.

Il leader miliardario della Bridgewater Associates afferma che „adorerebbe essere corretto„.

Dalio ha recentemente suggerito che i governi cercheranno di „fuorilegge“ Bitcoin

Con il prezzo di Bitcoin che è salito di nuovo ultimamente, superando $ 17.700 al momento della stesura di questo articolo, stiamo assistendo a un numero sempre maggiore di leader finanziari tradizionali rivalutare le loro opinioni sulla principale criptovaluta. Il miliardario Ray Dalio, a capo del più grande hedge fund del mondo Bridgewater Associates, è l’ultimo a sfidare le sue prospettive di lunga data in materia.

In una serie di tweet di oggi , Dalio ha ammesso che „potrebbe mancare qualcosa“ su Bitcoin e che „adorerebbe essere corretto“. Ha continuato spiegando in dettaglio i motivi per cui è stato critico nei confronti di Bitcoin in passato, affermando che „non è molto buono come mezzo di scambio perché [non puoi] comprarci molto (presumo sia perché è troppo volatile per la maggior parte dei commercianti da usare, ma correggimi se sbaglio). “

Dalio ha quindi suggerito che Bitcoin non è una buona riserva di valore a causa della volatilità e che „ha poca correlazione con i prezzi di ciò che devo acquistare, quindi possederlo non protegge il mio potere d’acquisto“. Ha poi ribadito la sua recente affermazione che „i governi lo metteranno fuori legge e lo renderanno troppo pericoloso da usare“.

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„A differenza dell’oro, che è la terza risorsa di riserva più alta posseduta dalle banche centrali, non riesco a immaginare che le banche centrali, i grandi investitori istituzionali, le imprese o le multinazionali lo utilizzino“, ha concluso. “Se mi sbaglio su queste cose mi piacerebbe essere corretto. Grazie.“

Come ci si potrebbe aspettare, un capo di hedge fund miliardario che si appella direttamente a Twitter per dimostrare che si sbaglia ha attirato personalità cripto di peso elevato per provare a fare proprio questo. Il podcaster Peter McCormack e il co-fondatore di BlockTower Capital e Chief Investment Officer Ari Paul sono tra coloro che hanno risposto, cercando un pubblico con Dalio.

Detroit Millionaire Bill Pulte sier at Wall Street

Detroit Millionaire Bill Pulte sier at Wall Street endelig varmer opp til Bitcoin

Filantropen Bill Pulte sier at det er „bedre sent enn aldri“ for Wall Street å omfavne Bitcoin
Detroit Millionaire Bill Pulte sier at Wall Street endelig varmer opp til Bitcoin

  • Wall Street veterinærer kommer bak Bitcoin
  • Pultes Bitcoin-filantropi

Detroit-millionær Bill Pulte har lagt merke til Bitcoins økende institusjonelle Profit Revolution adopsjon og hevdet at Wall Street har begynt å hente sin visdom.

Pulte – som hovedsakelig er kjent for sin Twitter-filantropi – ertet også en annen kryptovalutaoppgave:

“Wall Street har begynt å hente på visdommen til Bitcoin. Bedre sent enn aldri. Fremtiden er lys, og vi begynner jul tidlig i år. ”

Wall Street veterinærer kommer bak Bitcoin

Som rapportert av U.Today tjente den legendariske amerikanske investoren Stanley Druckenmiller rikelig med beundring i kryptovaluta-samfunnet etter å ha endret melodien på Bitcoin. 9. november avslørte Druckenmiller at han personlig eide verdens største kryptokurrency og til og med anså den overlegen gull.

Real Vision Group CEO Raoul Pal twitret at Druckenmillers om-sving hadde fjernet alle hindringer for andre institusjoner å komme inn i krypto:

“Betydningen av verdens største og mest respekterte pengesjef – Stan Druckenmiller sa akkurat nå at han er lang bitcoin kan ikke overdrives. Det har fjernet alle hindringer for ethvert hedgefond eller kapital å investere … ”

I forrige måned kommenterte en annen hedgefondlegende Paul Tudor Jones også at Bitcoin bare var i sin „første omgang.“

Beslektet milliardær Chamath Palihapitiya sier at han „Sizing Up“ sine Bitcoin Holdings
I slekt
Milliardær Chamath Palihapitiya sier at han „Sizing Up“ sine Bitcoin Holdings

Pultes Bitcoin-filantropi

Pulte anbefalte sine 3 millioner følgere å „holde øye med“ Bitcoin i mai. 13. Den ledende kryptovalutaen er for øyeblikket opp 74 prosent siden hans forutgående samtale.

Han er forpliktet til å fremme Bitcoin-adopsjon fordi han mener at det kan hjelpe ubankede.

I juli begynte Pulte å gi bort penger til CashApp-brukere for at de skulle stable noen sats og holde dem.

Da han ble konfrontert med kritikk om å sløse bort formuen til bestefaren William Pulte for å få publisitet, hevdet millionærarvingen at han hadde blitt rik uavhengig.