Bitcoin Mining Company Riot Blockchain passerer $ 1B i markedsverdi

Nasdaq-børsnoterte bitcoin gruveselskap Riot Blockchain (RIOT) nådde en markedsverdi på $ 1,08 milliarder mandag etter å ha steget nesten 13% i de tidlige åpningstidene.

Aksjer i Castle Rock, Colo.-basert firma, har fått over 1 250% i 2020, og handler for tiden med hender over $ 16.

I løpet av samme periode fikk bitcoin (BTC, -2,2%) nesten 280%.
Riot har utstedt nesten 17 millioner aksjer siden november, med totalt 67,5 millioner utestående aksjer, ifølge data samlet av

Riot har aggressivt utvidet størrelsen og raffinementet av gruvedriften i 2020, inkludert et planlagt pilotprosjekt i Texas for å teste vanndypekjølingsteknologi i tillegg til å kjøpe over 31.000 nye ASIC-gruvedriftmaskiner i år, ifølge CoinDesks tidligere rapportering.

Riot-aksjer åpnet mandag nesten 18% høyere enn torsdagens slutt på julaften.
Riot dreide sin forretningsmodell fra bioteknologi til bitcoin-gruvedrift i oktober 2017 da verdien var mindre enn $ 50 millioner.

Riot svarte ikke umiddelbart på en kommentarforespørsel fra CoinDesk.

France: Blockchain Group launches its tokenization platform

The Blockchain Group is launching a tokenization platform as part of the launch of the 21 Content Ventures investment fund.

The platform is based on Profit Secret scam and integrates all the functionalities necessary for the issuance and management of a digital asset.

The Blockchain Group, through its subsidiary The Blockchain xDev officially launches a tokenization platform as part of the launch of the 21 Content Ventures investment fund of its partner Logical Pictures.

An “end to end” infrastructure

The Blockchain xDev launches its Tokenization platform, a turnkey solution allowing issuers to create and manage digital assets in an intuitive and secure way.

Based on the Tezos protocol, the platform integrates all the functionalities necessary for the issuance and management of a digital asset. The Blockchain XDEV platform was notably audited by PWC.

In addition, The Blockchain xDev teams, in collaboration with its partners BNP Paribas and Logical Pictures, have developed a fluid registration process facilitating the subscription of investors on the platform.

Logical Pictures has chosen the Blockchain xDev platform for the launch of its 21 Content Ventures fund , with a fundraising target of € 100M.

Charles Kremer, CEO of The Blockchain xDev, points out:

“We are delighted to have collaborated with such a prestigious investment fund as Logical Pictures. This project is for us the best opportunity to demonstrate our know-how and our technical mastery in the development of tokenization solutions for our customers. „

Elektronica-gigant LG werkt samen met KardiaChain

Elektronica-gigant LG werkt samen met KardiaChain als netwerkvalidator

Vandaag is aangekondigd dat een dochteronderneming van multi-miljard dollar elektronica gigant LG zal werken met blockchain business in Vietnam, KardiaChain, als een validator voor zijn aanstaande net.

LG CNS, onderdeel van de bredere LG business, zal samenwerken met KardiaChain naast een groot aantal andere technologiebedrijven, waaronder het multinationale conglomeraat Geleximco, de wereldwijde Crypto Bull technologiebusiness HPT Vietnam en de Vietnamese nationale taxionderneming Mai Linh Group, als validator voor het netwerk.

Chang-deuk Yoon, hoofd van de afdeling blokketentechnologie LG CNS zei: „We zullen de lijnen tussen particuliere en openbare blokketen breken terwijl we de kenmerken en sterke punten van elk bedrijf combineren om nieuwe zakelijke mogelijkheden te verkennen“.


Als validators van het KardiaChain-netwerk zullen deze partners knooppunten opzetten die zullen worden gebruikt om de aanmaak van de blokken te valideren, om transacties op de blokketen te verifiëren en om het netwerk te helpen beveiligen.

Door het KardiaChain-netwerk te beveiligen door het uitvoeren van kritische algoritmen voor de validatie, kan elke validator twee verschillende inkomstenstromen verdienen: blokbeloningen en transactiekosten.

De aankondiging komt slechts twee weken voordat KardiaChain’s mainnet op 29 december live gaat. Eenmaal live zal het netwerk ontwikkelaars in staat stellen om gedecentraliseerde applicaties te creëren en te bouwen, slimme contracten uit te rollen en transacties te versturen.

Tri Pham, CEO en mede-oprichter van KardiaChain, zei: ‚We zijn er trots op dat we zulke krachtige partners als LG CNS naast onze missie hebben om een toegankelijke blokketen voor miljoenen te worden. Ons mainnet zal de eerste interoperabele blokketen zijn die ooit in Zuidoost-Azië zal worden gelanceerd. We hopen dat onze technologie de mensen in staat zal stellen om te werken en betekenisvolle gevolgen zal hebben voor de samenleving.“

LG CNS-partnerschap

Naast het werken als validator voor het netwerk, zal het KardiaChain team samenwerken met LG CNS om hun blokketen te combineren met LG CNS’s eigen Monachain blokketen. Monachain is ontwikkeld door LG CNS om zich te specialiseren in digitale authenticatie en supply chain management voor grote bedrijven.

In samenwerking met het LG CNS team zal KardiaChain innovatie en ontwikkeling stimuleren in scenario’s en toepassingen op ondernemingsniveau, zoals decentrale identiteit (DID), certificaatuitgifte en smart city technologie.

Door gebruik te maken van KardiaChain’s lokale zakelijk inzicht in de Aziatische markt, zullen de twee partijen DID-oplossingen ontwikkelen voor Vietnam’s topondernemingen met grote bestaande gebruikersbases die direct aan boord van een blokketen kunnen worden geplaatst. Een andere grootschalige use case die momenteel in ontwikkeling is, is een slimme stadsoplossing voor een van de grootste steden in Vietnam, Danang.

LG CNS zal ook KardiaChain ondersteunen wanneer het de Zuid-Koreaanse markt betreedt, naar verwachting in 2021.

Hash Wars III: clones clone – yet another fork of Bitcoin Cash (BCH)

Almost one fork per year – After the fork between Bitcoin (BTC) and Bitcoin Cash (BCH) in August 2017, then the fork between BCH and Craig Wright’s BSV in November 2018, it is a third “hash war” which looms this November 15. A deep disagreement within the BCH community will cause a further split into two distinct blockchains.

We no longer stop the cloning of BCH: here we are now BCHA and BCHN

The communities in the Bitcoin Cash project seem to agree to disagree. The bone of contention is the implementation of an 8% tax on mined block rewards .

This implementation, scheduled for the fork of November 15, has been very strongly criticized from its first evocations at the beginning of 2020. Although the controversial tax has since been reduced (from 12.5 to 8%), nothing is there. fact: some miners and nodes in the network will refuse this forced taxation.

The two clans are divided as follows.

On the one hand, there is the clan gathered around Wealth Matrix, whose crypto will be called „BCHA“ . This camp will implement the famous tax, which aims to help the development of the BCH network (well BCHA, we must manage to follow!).

On the other hand, there is the “BCHN” (Bitcoin Cash Node) tribe , led by Roger Ver . They refuse taxation, criticizing in particular the fact that all the withdrawals will go to a portfolio controlled by Amaury Séchet .

Emergency plans created in panic by crypto platforms

The CoinDance site allows you to list by which node software client the last 1,000 blocks on the BCH network were validated . The least that can be said is that taxation is not on the rise at all.

As can be seen below, 767 of the last 1000 blocks ( more than three-quarters therefore) were mined by nodes with the tax-free implementation of BCHN . Only 8 blocks (or 0.8%) validated a block with the client version of Bitcoin ABC . However, it should be noted that 22.5% of “neutral” nodes have still not chosen their camp.

Breakdown of customer types who have validated the last 1,000 blocks of the Bitcoin Cash network
As we can see on the site , the exchange platforms and the various crypto services are a little overwhelmed by so much separatist violence .

Realizing the big problem on the way, crypto exchanges Binance and Huobi, for example, have just announced that they will stop a certain number of services relating to BCH during this stormy transition phase of the hard fork . Binance will more precisely stop these BCH futures contracts in prevention, from this November 9.

On the side of Coinbase and BitGo , the decision is made: the two companies will only keep BCHN type nodes , and will no longer support BCHA after the November 15 fork.

Even if this umpteenth schism now seems inevitable within 10 days of the hard fork , the BCHA clan seems reduced to grief. The latest snub to the minors‘ tax camp would be that BCHN ultimately retains the title of BCH, experiencing the same fate of “forced renaming” of BSV.

How crypt currency wallets earn

Crypt currency wallets are the starting and ending point of any transaction in the world of digital currencies – banks and other intermediaries are simply absent here. However, most of them are free. Let’s take a look at the sources of their profits.

First of all, a few words should be said about the crypto wallets themselves: usually free programs or mobile applications that allow you to work with crypto wallets – store, send, receive and manage public/private keys. On the whole, they all look quite primitive, but some are quite popular and even earn serious money. How is this possible?

Wallets do not make a profit from transactions

There is a misconception that crypt currency wallets earn by withholding commission from transactions. This has taken root because some exchanges (wrongly considered wallets) charge decent withdrawal fees (and sometimes deposit fees). We, who have learned from our bitter experience with the classical financial system, believe that any intermediary involved in a transaction is bound to receive its share.

The fees charged by wallets are in fact fees for the services of miners registering the transaction in the register. Wallets have nothing to do with mining (although they may act as a separate, fully fledged unit involved in the transaction). Here is a description of this process from Coinbase:

„In general, Coinbase does not charge a fee for using the digital wallets service. Transferring virtual currency to the Coinbase platform address may result in a network fee (e.g. bitcoin miner fees) that the user has to pay. All fees will be communicated to the user before the transaction“.

But there are also exceptions. Bitgo, a multi-signature wallet, charges 0.25% of all inbound and outbound payments in exchange for secure storage in the interest of business. Bitgo is intended for large companies that need trusted storage of digital assets, not for individuals.

This is their core business model (at least for the time being). With a large number of users and a wide range of applications, wallets earn good partner rewards from third-party services.

The most popular is the ability to instantly exchange crypts via Shapeshift or Changelly services. The latter have a very generous partnership programme, as rates are usually much higher than market rates. Customers pay for convenience, and purse developers are rewarded by the service provider.

Finally, some wallets allow you to buy digital assets directly from your credit card. The services are provided in cooperation with companies such as Simplex. Simplex pays the developers remuneration from each transaction.

Users pay for convenience, while rewarding the creators of wallets. In addition, wallets generate traffic on exchanges ready to pay high fees for new customers. Everyone has partnership programmes. Even hardware wallets (which cannot be called free) often participate in such events. Finally, some of the software wallets, such as mycrypto, earn money by offering users hardware wallets.

The financial performance of wallet-developing companies is usually unknown, but it is safe to say that 90% of their revenue comes from one or more of the sources listed above.

The main problem with hardware wallets

Hardware wallets (or „cold storage“) usually have a fairly simple business model: they are paid for by the customer. Prices range from $50 to $300. Production of the wallets themselves is inexpensive (around $20), so the profitability of such projects is incredibly high, which allows for generous partner programmes (for example, Trezor offers a cacheback of 10%).

True, this model has one drawback: one-time shopping. The average customer is not tempted to change his wallet every year for a new one (unlike a smartphone). He buys a wallet (and a second one for the reserve), and his interest ends there. In theory, purse manufacturers can no longer offer him anything new.

Developers are well aware of this and embed links to all kinds of services into the software or try to enter new promising markets (like depository storage).

Hybrid wallets/exchanges

Some wallets allow you to buy cryptov currencies, but unlike integration with a third party, they work directly with the exchange. For example, Xapo or (probably the largest crypto wallet at the moment) allow you to buy bitcoins and ether. They charge trading fees and sometimes earn money by converting ordinary currencies.

Some projects are completely selfless

Many of the crypt currency wallets are open source projects that are not aimed at making a profit. However, their freeware usually has an impact on usability.

Other projects (e.g. Ethos) do not need to take care of profits because they raised a huge amount of money during the IPO and monetising the service is not a priority for them.

Finally, some wallets are free as they are controlled by companies earning money from other services and wallets are a business cost for them. This applies, for example, to the Trust Wallet. The wallet was purchased by Binance, so it is completely free (and will probably remain so).

New boundaries

Wallets thus depend either on the revenue from partner programmes or on one-time user purchases. Partner programmes can hardly be called a reliable basis for long-term growth: nobody knows when they will be cancelled.

Is there a sustainable development path for crypto wallets? It is still difficult to answer this question.

In the end, each consumer will have their own wallet, like a smartphone or TV. These projects will occupy a significant niche in the industry – the same niche as browsers or email clients on the internet. At the same time, partner programmes or even purchase/sale transactions are unlikely to be the basis for compensation for operating expenses (quite significant). In the future, new items of income will appear which will support the development of crypt currency wallets. It is difficult to say exactly what they will be like. It is likely that profits will be linked to the work of consensus protocols and incentives paid to node operators.

There may also be additional revenues in the form of direct or indirect user payments, as we are all used to paying for software and services. The existence of many non-game paid mobile applications suggests that this idea is quite feasible. New banking service models such as N26 or Revolut show that people are willing to pay for services that are worth it. Similarly, they will pay for decent and comfortable crypto wallets.

Today, the industry is bound by all kinds of partnership programmes in anticipation of better times. Hardware wallets promote exchanges. They cooperate in software wallets, which in turn promote exchanges and hardware wallets.

Of course, the industry has to develop, but this process will only take place once fresh money is available, new rules are introduced and the cryptocurrency economy has moved to the next level. Crypt wallets are still in their infancy, being the fundamental basis of crypto-economics.

Investment Guru Balaji Srinivasan avdekker kryptostrategi for nybegynnere, høydepunkter flere prosjekter utover Bitcoin

Engelinvestor Balaji Srinivasan deler en krypto-investeringsstrategi som nybegynnere kan bruke til å bygge sin portefølje.

I et intervju på Real Vision Finance sier den tidligere Coinbase CTO at den beste måten å lære å investere i krypto er å komme i gang med Bitcoin.

„Hvis du ikke vet hva du gjør i rommet ennå, kjøp BTC og lær. De fleste mennesker vil kjøpe BTC på Coinbase. Så får de en lommebok, de leker med den for å fordype seg i samfunnet, de vil utvikle sine egne teser om den. „

Srinivasan forklarer hvorfor han refererer til Bitcoin Billionaire som lingua of the crypto Babel.

“Alle, uansett kryptosubkultur, kjenner og respekterer BTC. Hvis du er Ethereum eller er i EOS, eller du er i Zcash, eller du er i Cosmos eller hva som helst, er BTC bare en slags den universelle typen nevner. “

Srinivasan sier også at investorer ikke vil gå galt ved å ha kongemynten, men bemerker at det er andre viktige prosjekter å utforske.

“Hvis du vil gå lenger, avhenger det av oppgaven din og hvordan du utforsker rommet. Hvis du for eksempel er veldig interessert i personvern, er det interessant å se på Zcash. Hvis du er interessert i programbygging fra utviklerne – og ikke bare Zcash, men andre zkSNARKs-relaterte ting (null kunnskapssikkerhet), Grin … Noen fantastiske ting skjer der når det gjelder personvernbevarende beregninger – veldig viktig, ærlig talt , for hvor internett skal …

En annen vinkel, hvis du bryr deg om økonomi, er å komme inn i Ethereum og DeFi (desentralisert finansiering), hvor hvert eneste finansielle instrument blir gjenoppbygget i kjeden fra derivater til aksjer og obligasjoner og hva du har, og du kan i utgangspunktet sette opp en Bloomberg-terminal hvor som helst fra datamaskinen din uten en Bloomberg-terminalavgift.

Og det er sinnssykt verdifullt og interessant fordi det som kommer til å skje er, akkurat som Twitter, hvor mange mennesker som var journalister i 1995 mot å legge ut på nettet innen 2015? Det gikk fra noen få tusen mennesker til hundrevis av millioner mennesker som postet på nettet. På samme måte, hvis internett forvandlet verden til utgivere, vil crypto gjøre verden til investorer og finansfolk. Hvis du er interessert i det, er Ethereum og DeFi og alle de nye protokollene som er relatert til det interessante. . ”

På toppen av personvern og økonomi påpeker Srinivasan at investorer bør se på andre interessante sektorer som de kan investere i og legge til i kryptoporteføljen.

“Så hva slags teknologier jeg er interessert i er de som utfyller BTC der BTC er et digitalt gull. Jeg føler ikke at det er truet, men jeg tror vi også trenger et digitalt banksystem. Vi trenger private mynter. Jeg tror vi for eksempel trenger streaming av video og sensurerbare meldinger og alt dette annet, ikke sant? Og jeg tror at krypto vil være en massiv komponent av det, selv om det tar 5, 10, 15 år for det hele å bygge seg ut. „

Kjøpe Bitcoin lokalt vs online: Hvilken Bitcoin of America-metode er best for deg?

Med en ny stimulansjekk som er forfalt, er det nå på tide å begynne å tenke på din økonomiske fremtid, med muligheten til å kjøpe bitcoin i en tid da mange mennesker spår den fortsatte økningen i verdien. Du har kanskje allerede sett en Bitcoin of America-minibank i en lokal butikk og blitt imponert over deres bekvemmelighet, eller snakket med en lokal butikkinnehaver om å kjøpe bitcoin ved hjelp av den praktiske bitcoin-tablettjenesten. Alternativt kan det være lurt å kjøpe bitcoin eller Litecoin online via Bitcoin of America online handelsplattform fra komforten på smarttelefonen eller datamaskinen.

Kjøpe fra en bitcoin-minibank eller nettbrettplassering

En viktig fordel ved å bruke en bitcoin-minibank er at den gjør det mulig for folk å kjøpe kryptovaluta på en praktisk måte. Som et resultat imøtekommer disse spesialiserte minibankene folk som kanskje ikke har en vanlig bankkonto, og folk som akkurat har kommet i gang med krypto som ikke vil lære om de tekniske inn og utgangene til online-børser, men som setter pris på personvernet og sikkerheten som BTM tilbyr når du kjøper bitcoin eller litecoin.

Mens børser som Coinbase og Genesis får overskrifter på sosiale medier, kan det være en lang prosess å bli satt opp og deretter foreta en bitcoin-transaksjon ved hjelp av en online-børs. Til sammenligning er bitcoin-minibanker (BTM) satt opp slik at du kan kjøpe bitcoin eller litecoin akkurat der og da på stedet. En del av denne attraksjonen er at prosessen med å få bitcoin til lommeboken også er grei. Ved å skanne den mobile lommeboken din når du foretar et minibankjøp, betyr det at du unngår den vanlige feilen ved å oppgi feil lommebokadresse.

Tabletter mot minibanker:

I tråd med den tradisjonelle minibankopplevelsen bestemmer du hvor mye bitcoin du vil kjøpe, og du har kontroll over hvor mye du setter inn. Det er det samme med å kjøpe over disk ved hjelp av et nettbrett, men med den ekstra fordelen av å ha en menneskelig assistent for å ta kontanter og bekrefte at bitcoin har blitt sendt til kryptolommeboken din. Både bitcoin-minibank og reseptfrie nettbrettkjøp gir deg kontroll, og minimerer innsatsen, slik at du får den investeringen du vil når du vil ha den. Nettbrettprogrammet legger imidlertid til det ekstra letthetsnivået, i motsetning til bitcoin-minibanken er det ikke nødvendig å forstå hvordan du bruker nettbrettet, butikkassistenten gjør den jobben og svarer på spørsmål du måtte ha. Mens mange mennesker er interessert i kryptovaluta og ønsker å dyppe tåen i vannet, kan teknologien, enten online eller i form av en minibank, være å sette av. Så å ha noen som går deg gjennom prosessen, og hjelpe deg med å forstå lommeboken og adresseprosessen for kjøp, er en fin måte å kjøpe din første bitcoin eller litecoin trygt og sikkert, med kvalitetssikring at hele prosessen er støttet av Bitcoin of America .

Kjøpe med bankoverføring

Et tredje alternativ for kjøp av kryptovaluta er å bruke bankoverføring gjennom en konto i Bitcoin of America-børsen. Fordelen med bankoverføring for innkjøp er spesielt godt egnet for den erfarne investoren, som ønsker å kunne gjøre store volumkjøp for en mer konkurransedyktig avgift sammenlignet med å bruke minibank eller nettbrett i butikken. Hvis du også kjøper hjemme eller på kontoret ditt gjennom sentralen, får du tid og privatliv som kreves ved større kjøp, og dessuten fullføres kjøpsprosessen samme dag.

Det er også verdt å merke seg at bytteveien for innkjøp gir et ekstra trygghetsnivå for kundene, da det er en der virksomheten har investert mye tid og krefter på å få det riktig for å sikre sin fullstendige BSA / AML-klage. Som grunnleggeren av Bitcoin of America, sa Sonny Meraban i California Business Journal nylig: „Vi har et av de sterkeste compliance-programmene, om ikke de sterkeste“. Bitcoin of America er en registrert Money Service-virksomhet i US Department of Treasury og opererer i samsvar med alle føderale og statlige lover.

For en trinnvis guide for å kjøpe Bitcoin via bankoverføring, besøk Bitcoin of America-nettstedet. Ledninger tillater større volumhandel enn minibanker.

The end of the sideways phase

The breakout of the crypto reserve currency Bitcoin could end the sideways phase in favor of the bulls. The overall market is also benefiting from the rising Bitcoin rate.

The BTC dominance is tending sideways due to the emerging strength of the altcoins

Bitcoin (BTC): Volatility makes Bitcoin jump between $ 10,150 and $ 11,100
BTC rate: $ 11,407 (previous week: $ 10,613)
Resistances / Targets: $ 11,740, $ 11,806, $ 12,088, $ 12,307, $ 12,492, $ 12,912
Supports: $ 11,099, $ 10,803, $ 10,613, $ 10,535, $ ​​10,360, $ 10,152
Price analysis Bitcoin (BTC) KW42
Price analysis based on the value pair BTC / USD on Coinbase

A first directional decision was made this week. The bulls managed to dissolve the week-long sideways corridor to the top and initiate a subsequent rise to 11,740 US dollars. In the last two trading days, the BTC price corrected slightly and is currently trading at 11,423 US dollars. For now, the chances of a further increase towards $ 12,000 are good. Only a fall back below $ 11,099 at the end of the day would cloud the chart again.

Bullish scenario (Bitcoin price)

If the bulls manage to stabilize the BTC price above the green box, they will very likely launch a new attempt to climb towards the resistance at $ 11,806 in the coming days. A break of this chart level brings the pink resistance line at $ 12,088 directly into view. A break above this mark on a daily basis activates new bullish price targets at $ 12,307 and $ 12,492. In the area of ​​the August high, renewed resistance from the bears is to be expected. If investors manage to take advantage of the positive mood in the overall market and also break through the USD 12,492 dynamically, a break through to the maximum price target of USD 12,912 is conceivable.

Bearish scenario (Bitcoin rate)

The bear could not use the directionless movement of the last few weeks to build up sustained selling pressure. As long as no reversal formation is formed, the bears are left behind for the time being. Only when the BTC price slides back below $ 11,099 could this represent a false breakout on the upside. If the Bitcoin price subsequently falls back below the EMA20 (red) at 11,007 US dollars, the first price target on the downside is 10,803 US dollars. If this support is also abandoned, the area between 10,613 US dollars and 10,535 US dollars becomes of central importance. The EMA100 (yellow), a horizontal support line and the green upward trend line run here. Strong resistance from the cops can be expected in this area.

If the bears manage to push the BTC rate below this cross-support and also break the low at 10,360 US dollars, the bottom edge of the trend channel at 10,052 US dollars will move into the focus of investors again. The moving average of the last 200 days (EMA200) (blue) also runs here, which is why this support mark is to be seen as the maximum price target on the bottom for the time being.

Another 360,000 ETH disappears from centralized exchanges in 4 days

Withdrawals, withdrawals, more withdrawals – The tumble continues for centralized trading platforms. After losing 800,000 ETH in 3 days at the beginning of September, an additional 360,000 ETH has been removed from the exchanges.

360,000 ETH flown in 4 days

More and more users continue to withdraw their ETH from exchanges. Between September 16 and 20, the reserves of exchange platforms were reduced by 360,000 ETH . This represents a deficit of over $ 123 million for centralized platforms.

Evolution of the number of ETH available on exchanges since January 2020 – Source: Glassnode
All housed in the same boat

Even the Binance platform , so far spared from capital flight, has been affected. Indeed, over the same period, the platform saw the disappearance of 109,386 ETH . This amount represents a 4% drop in ETH capital held on the Chinese platform.

Evolution of the number of ETH available on Binance since January 2020 – Source: Glassnode
DeFi vampires CEXs

Although the reason for the capital flight is not clearly defined, it is likely that DeFi is the cause. Indeed, in parallel with the losses of centralized exchanges, Uniswap saw the liquidity of its protocol explode.

Thus, between September 16 and 20, more than 1.45 million ETH passed through the Uniswap pools , according to data from DefiPulse.

Bitcoin is not left out

For his part, the king of cryptos has a similar fate. Indeed, 16,500 BTC have been withdrawn from centralized exchanges since September 14. This represents an average value of $ 146 million.

Evolution of the number of BTC available on platforms since January 2020 – Source: Glassnode
For once, it is likely that DeFi is the source of this capital flight. Indeed, during the same period, the number of BTCs blocked in the protocols of decentralized finance has also increased.


Bitcoins pris uttrycker nu några tecken på stabilitet inom den lägre $ 10.000-regionen, med tjurar som kan få starkt stöd
Detta kommer efter att kryptovalutan försvarade sin avgörande kortvariga supportnivå på 9 900 dollar vid flera tillfällen under den senaste veckan

En analytiker noterar nu att investerarens rädsla är på samma nivå som den var precis innan krypton pumpades till 12 000 dollar
Detta kommer också när institutionella investerare växer sig hausse på BTC, medan detaljhandlare bråttom för att lägga till kort exponering
Bitcoin och hela kryptovalutamarknaden går in i helgens handelssession utan att se någon enorm volatilitet.

Medan BTC förblir stabilt över $ 10 300, har vissa mindre altcoins sett några uppenbart positiva prisåtgärder.

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Detta verkar tyda på att spekulativa investerare inte blir alltför rädda för kryptovalutans nuvarande tekniska position.

Med detta sagt, visar den senaste rapporten om åtagande från Trader (CoT) från CME att medan privatinvesterare ökar sin korta exponering för riktmärkningskrypto, vänder institutionerna länge för första gången på länge.


I skrivande stund handlar Bitcoin i sidled till sitt nuvarande pris på 10 350 $. Det handlar om det pris som det har handlats under de senaste dagarna, med tjurar och björnar som till stor del når en återvändsgränd.

Detta markerar en anmärkningsvärd nedgång från kryptovalutans senaste höjder på 12 400 $ som sattes tidigare denna månad.

Det verkar som att denna svaghet har slagit investerarnas känsla, eftersom Fear and Greed Index avslöjar att investerare nu är mer rädda än de har varit sedan BTC pumpade mot $ 12.000.

En analytiker talade om denna trend i en nyligen tweet och sa:

„Rädslan är på exakt samma nivå som strax före pumpen till 12k.“


Bild med tillstånd av bysantinsk general.
Medan vi talade om den senaste rapporten om Commitment of Traders (CoT), noterade dataggregatorn Unfolded att medan öppet intresse dyker verkar det som om institutionerna nu rör sig för att öka sin långa exponering för Bitcoin.

”8 – september CME BTC Commitments of Traders Report (COT). Öppet intresse: 8198 (ned -22,7%), förklarade han.

Bild med tillstånd av veckat. Diagram via TradingView.
Som framgår av ovanstående diagram verkar detaljinvesterare också snabbt minska sin BTC-långa exponering.

Den här trenden avslöjar att medan privatinvesterare växer rädda och kortsluter så går så kallade ”smarta pengar” långt.