Kategorie: Bitcoin

DeFi protocol BadgerDAO launches CLAWS stablecoin

New DeFi product: DeFi protocol BadgerDAO launches CLAWS stablecoin

Bitcoin-centric decentralised financial protocol BadgerDAO will launch a stablecoin called CLAWS.

In an announcement on 22 February, the DeFi protocol explains what its new offering will do and why the crypto space needs another stablecoin. CLAWS is a „yield dollar“ similar to those offered by the UMA protocol.

The concept of a yield dollar is that the collateralised Bitcoin System asset has an expiry date – and the closer it gets to the date, the closer it is to its peg. These are minted when a user provides collateral, and Badger will allow two types.

To mint the two types of CLAWS tokens, liquidity providers can use bBadger and wBTC/ETH liquidity pool tokens. For each type of CLAWS, there should be a subset of tokens with a variety of expiry dates.

Using CLAWS for DeFi

The blog post explains that the CLAWS token offering will be created by users taking advantage of additional return opportunities by creating collateralised debt positions (CDPs). They can also be purchased – but prices will vary depending on how much time is left until expiry.

It seems that the primary purpose of the token is to generate more yield-farming incentives through SushiSwap pools:

„Once a user mints CLAWS tokens, they can deposit their CLAWS into a Sushiswap liquidity pool and receive CLAWS-SLP tokens in return. These CLAWS SLP tokens can then be used in a special Badger Sett vault to earn additional rewards.“

Badger’s flagship product is the Sett Vault, where users can deposit different types of tokenised bitcoin (Go to Buy Bitcoins by Instant Transfer Guide), such as wBTC, renBTC or tBTC, to generate automatic returns.

The blog post concludes:

„CLAWS Sett vaults will change the yield farming game by providing a stable asset with multiple income streams. Such a profitable base makes CLAWS an important native asset in the ever-evolving DeFi space.“

Earlier this month, BadgerDAO partnered with Yearn Finance to create more DeFi earning opportunities based on Bitcoin (Are BTC whales dumping their coins now?).

The protocol includes native tokens BADGER and DIGG. BADGER prices have fallen 15% in the last 24 hours, back to $55 (time of this writing). The token reached an all-time high of $84 on 9 February.

The catastrophe is among us – and driving the Bitcoin

The scenes seen at the US Capitol this week only reinforce the idea of chaos and catastrophe for our societies – and Bitcoin Formula scam is the one that has been getting stronger.

By February 2020, if anyone told you that the world was on the verge of a global catastrophe, most people would understand the phrase more as an exercise in rhetoric than a consistent forecast.

Ten months later, with a paralyzed world, economies in recession, a health crisis still far from over, and mistrust contaminated by all sectors of society, the catastrophe seems increasingly close to reality.

The scenes seen in the United States this week, with a horde of supporters of defeated President Donald Trump wearing T-shirts with Nazi messages, Confederate flags, guns at the waist and horns on his head invading the U.S. Congress in the most important week in its history in at least 40 years, only reinforce the apocalyptic scenario.

If the largest nation in the Western world allows depressing scenes like those seen this week, what will the rest of the world say?

In an article published this week, Jeffrey A. Tucker, director-editor of the American Institute for Economic Research, addresses various aspects of the coronavirus pandemic, particularly the nations‘ response to the health crisis, with the imposition of severe lockdowns and closure of the economy.

For the American economist, the decision of governments to confine populations and restrict economic activity under sanitary justifications is absurd. The United States, like Brazil, has continental dimensions, which makes the imposition of lockdowns – escalated by the legislative independence of the 50 U.S. states – very controversial and complicated.

Despite the sceptical position regarding the dimension of the health crisis and its consequences – more directly: mass deaths – it raises important questions about the pandemic, such as the forced imposition of masks, the severe lockdown as the only possible solution, the passivity of governments to balance the impacts on health and the economy, among others.

Among those who feed and bet on chaos as a tool of political bargaining, the two countries also equate: Donald Trump, stimulating acts in the Capitol, taxing them as „courageous“ for not subjecting the country to WHO impositions and blaming China, the main geopolitical rival of the USA, for the global catastrophe.

Jair Bolsonaro does not have the same „luck“: since the beginning of his mandate, the Brazilian president has been fed with conflicting statements, with the objective of confusing, demoralizing and emptying those who oppose him – the organized Brazilian society, among them the traditional media, universities, governors, mayors, social organizations and agencies of control and civil foment. When criticized, it appeals to exaggeration.

Bolsonaro uses similar tactics, appealing to social chaos as a justification for more drastic measures (all already announced by the president and his allies) taken by the government: closure of Congress and the Supreme Court, paper elections subject to manipulation, more power for the Armed Forces, less power and organization for civil society. The Brazilian president has already tried to put his bluff into practice, but one ingredient was missing: social chaos.

Trump and Bolsonaro present other strategies in common, seeking the enchantment of the masses along the same paths: armed populations, overvaluation of their governments‘ achievements, contempt for the values that formed democracy and republic, and frequent threats to other powers.

Until this week, the threats were based on rhetoric, followed by increasingly less true „denials“. But Trump’s defeat in the elections radicalized discourse – and actions.

In the world experiencing the greatest catastrophe since the two Great Wars, Trump and Bolsonaro saw an opportunity to profit politically, to stimulate the centralization of power and authoritarianism to the limit of what we know as democracy. To do so, they fed millions of people frustrated with the political and civil system of capitalist societies with a populist rhetoric clearly inspired by the fascism of the 1930s/1940s.

The historical distance of the pre-World War II decade – and an era of hyperinformation in which the historical weight of crimes against humanity dissipates into empty debates with invented truths – continues to lead contemporary societies to the same abyss as Hitler and Mussolini – and in very similar conditions. And the power of propaganda – and lies – continues to be fundamental to the survival of capitalist societies.

If World War II marks a break with the authoritarian societies that survived until the 19th century, with the spread of republican and democratic regimes around the world, the coronavirus pandemic, the pressures of the so-called late capitalism, the brutal economic recession that is coming and its still unknown consequences push us into conflict, catastrophe and uncertainty – fuels for those who bet on chaos.

Late or Post-Capitalism

Perhaps one of the most interesting characteristics of late capitalism that we live is the movements of opposition to governments like Trump and Bolsonaro. Until the 2000s, the global right advocated the conservation of values and systems in force, purposely confusing capitalism with democracy.

Today, the ultra-trumpist and stock market right preaches rupture, centralization of power, authoritarianism, the extinction of supposed „privileges for minorities,“ the personalism of leaders, and the end of what we knew as social democracy – a legacy that comes from the Cold War as a capitalist response to socialism. Faced with this scenario, today it is up to the opposition – from the moderate right to the left – to defend the system, democracy, and the republic – politics stopped selling dreams and began to defend the continuity of „everything that is there.

The most radical socialists – who once preached revolution and the communist dictatorship – and conservatives today occupy the same confused boat, reacting to every absurdity with the constitution in one hand, democratic values in the other. None of them responds to the main sentiment of our society, which drives authoritarian figures around the world: collective frustration.

The term „late capitalism“ was first used by German economist Werner Sombart. Although academic articles consider the period between World War II and the late 1970s, since 2016 the term has been used in the United States and Canada to refer to the absurdities, contradictions, crises, injustices and inequalities of modern society. In the Academy, another term has already emerged to refer to contemporary capitalism: post-capitalism.

While the global financial market benefits billionaires, heirs and intermediaries of the most varied sectors (a few thousand a year), the majority of the population – billions of people – live on leftovers in the economy, with less and less purchasing power, less and less possibility of social mobility and – after all, we follow capitalism – less political power.

Bitcoin and chaos

Bitcoin was developed in 2008 by Satoshi Nakamoto, until today a mysterious pseudonym in the cryptoesphere. Nakamoto’s idea was to create a global currency to offer resilience in times of crisis, without the possibility of centralization, with finite and programmed supply, and inflation-resistant price fluctuation.

When the largest cryptomoeda felt the effect of the explosion of the coronavirus crisis in March 2020, falling to $3,800, many doubted Bitcoin’s ability to become a „safe harbor“, crisis-resistant currency, as gold was for centuries. Today, ten months later, with the currency worth ten times as much, Bitcoin’s behavior seems to strengthen its image as an economic protection asset.

Nassim Nicholas Taleb, author of the book Antifragile: Things That Gain from Disorder, defines the term „antifragility“ for assets that „grow in disorder“, and seems to be tailor-made for Bitcoin:

„Antifragility is beyond resilience or robustness. Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder and stress factors and love adventure, risk and uncertainty … The resilient resists shocks and remains the same; the antifragile gets better“.

In November 2020, analyst Pedro Febrero also recognized BTC as an „anti-fragile system,“ recalling:

„After each incident, Bitcoin became stronger in terms of network adoption and price. The probability of continuing to operate successfully under attack (anti-fragility) is much higher than any closed system“.

Bitcoin’s monetary consensus mechanism, according to the head of business development at Unchained Capital, strengthens the „creation of order in chaos“ for cryptomeda:

„By eliminating trust in centralized counterparts, all network participants can trust and ultimately trust that monetary policy is secure and not subject to arbitrary change. It may seem a paradox, but it is perfectly rational. Ultimately, a spontaneous order emerges from the disorder and strengthens as each shock in the exogenous system is absorbed. ”

Obviously, not all financial analysts trust Bitcoin as a response to crises – especially the more conservative ones, who defend „autonomous“ and supposedly „policy-free“ central banks and monetary authorities.

In addition to Bitcoin, its adjacent technology, blockchain, is also cited by a number of experts as one of the possible responses to the global economic crisis.

As reported by Cointelegraph Brazil, David Gibbin, CEO of a software developer for the financial market, Investtools, argued for example that blockchain technology could „free the country from the political and institutional chaos“ that has affected the country since 2014:

„In the current political scenario, where news about corruption and money laundering is increasingly frequent, the population’s desire for transparency tools in governments is inevitable. Although a solution for controlling public spending seems utopian, given the scale of the problem in Brazil, it exists and is in a technology known to many, but really understood by few: the blockchain“.

He goes on to say that „the technology (blockchain) takes away from the government and other corruptible entities the roles of providers and issuers of an increasingly fragile ‚truth‘.

Gibbin is not alone in defending the blockchain in search of transparency and efficiency for the state. In a recent article for Other Words, PUC-SP economics professor Ladislay Dowbor wrote that global indebtedness, among families, companies and governments, reached double the world’s GDP in 2018 – an equation with no apparent solution. He cites a „parasitic capitalism,“ in the words of philosopher Zygmunt Bauman:

„The current system is a success in transforming a huge majority of men, women, old and young into a race of debtors. […] Without half words, capitalism is a parasitic system. Like all parasites, it can thrive for a time, as long as it finds an organism that has not yet been exploited to provide it with food. But it cannot do this without harming the host, thus destroying sooner or later the conditions of its prosperity or even its survival.

The professor reminds us that in Brazil and in the world populations have realized that banks and financial entities have benefited from the financial resources of clients, charging interest on the most varied services, with no counterpart so that their resources are kept in their bank accounts.

„In other words, we have to find in the same technological transformation the basis for our release of the permanent drain to which we are submitted, a toll not only useless but counterproductive,“ he writes. The professor defends disintermediation – another principle of Bitcoin – and cites examples from around the world, including that of cryptomorphs and blockchain technology:

„Do we need these intermediaries? We have the alternatives of cooperative banks (Poland), community development banks (114 already in Brazil), local savings banks (Sparkassen, in Germany), social currencies (the palm, the sampaio and so many others in Brazil), local public banks (Bank of North Dakota), in the United States), credit NGOs (Placements Éthiques in France), direct contact between producers and clients (family farming in Kenya) and even the most radical disintermediation with virtual currencies and commercial exchanges through blockchain technologies. „

In fact, blockchain and Bitcoin cannot solve all contemporary economic problems, especially political and social ones, but they can act in societies by applying one of their key principles: decentralization.

In front of the US Capitol scenes, a Brazilian user on Twitter remembered the blockchain technology to question Donald Trump’s blockchain in the main Western social networks: „If we had decentralized social networks with blockchain technology, none of this would be possible“.

In fact, if this were the case – still applying Bitcoin’s consensus mechanism – maybe neither Donald Trump nor Bolsonaro would be allowed to stimulate the crimes of his followers using social network platforms.

The French project Dune Network proposes a merger with Ton Labs, the former Telegram project

The French Dune Network (DUN) project has been in discussion for several weeks with Ton Labs (TON) to merge their tokens, teams and communities. This merger proposal echoes the recent appointment of Cyril Paglino at the head of Bitcoin Machine platform.

Rumors of merger between Dune and Ton Labs

Rumors of a merger between Dune Network (DUN) and TON Labs seem to echo the appointment of the famous French entrepreneur at the head of Telegram’s ex-project . Indeed, Cyril Paglino has also been CEO of Dune Network since July 2019.

Currently, Dune is reportedly in the final stages of negotiations regarding the merger of the tokens , teams and communities of the two projects. We can read on the Dune Discord:

“We are currently finalizing the details of the merger . We intend to provide more information, and we will organize a vote to assess and react accordingly to community opinion ”.

As a reminder, Dune Network is the result of a fork of Tezos following differences within its community. Dune is powered by the startup Origin Labs from the OCamLPro group. From 2016 to 2018, the team was heavily involved in the design, creation and launch of the Tezos protocol.

Dune Network has been financially supported by renowned investors such as Xaviel Niel , Sean Rad (founder of Tinder) and Marc Simoncini (founder Meetic).

Merger process

As a first step, Dune presented its vision to the Free TON community on December 21 in order to assess and adjust all the details. Thus, the merger process will take place with the agreement of the two communities .

By accepting the proposal, Free TON will agree to allocate an amount of TON Crystal (TON) to the Dune community equal to approximately 9 million TON using a 3-month average of the capitalization between the two tokens.

In addition, the operation will give rise to the development of the infrastructure to carry out the swap, including the creation of a smart-contract on Dune Network. This will allow holders to send DUN tokens and register a corresponding Free TON address on which they wish to receive their TON tokens.

Origin Labs , the research center behind many developments on Dune Network, will focus its work and activities on the developments of Free TON.

If the merger operation is successful, it will be one of the first in the blockchain industry. According to the first feedback, this would have a good chance of succeeding:

“So far the reactions are positive , but if for some reason in the respective votes the project is not adopted then we could rework the proposal so that it is acceptable to everyone. „

Mayor of Miami calls Bitcoin a „stable investment“ and wants a crypto-centric government

Mayor Francis Suarez is learning about Bitcoin from the twins Winklevoss and Anthony Pompliano.

Mayor of Miami calls Bitcoin a „stable investment“ and wants a government focused on crypto and NEWS

Miami Mayor Francis Suarez is the newest leading figure to Crypto Bull publicize Bitcoin (BTC), offering further evidence that traditional adoption is growing.

In a Thursday tweet, Suarez called Bitcoin a „stable investment“ during an „incredibly unstable year,“ adding that he is learning about the main digital asset through figures like Tyler Winklevoss and Anthony Pompliano.

Winklevoss and Pompliano responded to Suarez’s tweet. Tyler said he and his brother Cameron will bring the mayor of Miami a „signed copy of Bitcoin Billionaires,“ a book written about the twins, while Pompliano proclaimed Miami as a future Bitcoin city.

Earlier in the day, Suarez indicated that his government is exploring the idea of Miami becoming the country’s first crypto-centric government. „Exploiting absolutely that,“ he said in response to a tweet. No further details were provided.

Suarez was elected mayor of Miami in November 2017, after running as a nonpartisan candidate. Before entering politics, he worked as a lawyer and also founded a real estate brokerage firm.

Miami has been described by some media as one of the hottest American cities for cryptomorphs due to the flexibility of state oversight and an influx of foreign capital. The North American Bitcoin Conference, which featured such names as Charles Hoskinson, Roger Ver and Riccardo Sagni, was held in Miami earlier this year.

This year’s Bitcoin explosion, fuelled in part by corporate and institutional adoption, is generating new conversations about digital assets. Bitcoin adoption is increasingly seen as a competitive advantage in an economy marked by financial instability, asset price inflation and record central bank intervention.

Bitcoin breaks new record and surpasses R$ 120 thousand

Bitcoin valued over 650% in the year.

Bitcoin has just surpassed the $ 24 thousand mark. Being traded in Brazil above $ 120 thousand. This is the first time in history that digital currency reaches the value. Following an upward trend that began in mid-November, the digital currency has appreciated more than $ 5 thousand dollars in the last 7 days.

This Saturday the cryptomoeda rose 7% (so far), bringing the total capitalization of Bitcoin to $ 445 billion. The rise in Bitcoin made the entire market of cryptomoeda rise together, making the market have a capitalization of $ 675 billion.

The price spike comes just after news that the US will implement a heavy rule against cryptomorphs, where transactions above $3,000 must be declared and tracked by regulators.

Digital currency has been adopted as a „safe harbor“ asset at a time of financial uncertainty caused mainly by the pandemic and the government’s uncontrolled printing of money.

In the year to date, Bitcoin has valued more than 650%. The currency fell more than 50% in a single day in March, and since then it has slowly recovered, until several companies announced the purchase of the asset, and it went up.

All of the past Bitcoin firings were followed by some correction, which is also expected in the recent move, however, several market analysts describe the moment as „healthy“ and some predict it should continue, with some investors expecting values above $100 thousand.

The belief is based on the motivation of the high, which is driven mainly by institutional adoption. Several great companies adored the asset as a value reserve, and several others have announced projects or products with the asset, such as PayPal and Square, for instance.

Although there are other more than 7,000 cryptoemoedas, Bitcoin dominance is increasing, reaching over 65%. Other cryptoemoquids are also gaining value with some having gained more than two digits in the last 24 hours.

Bitcoin’s rise also calls attention because there is little interest from ordinary people compared to 2017. Google Trends shows that searches for digital assets in Google are at one of the lowest levels in the last 3 years.

Those who bought Bitcoin at the end of 2017 had to live with the devaluation of the following years, and many people decided to take the loss and sell the currency at a lower value. Those who managed to save, however, now for sure are in the profit, since in 2017 the currency was traded for up to R$ 70 thousand, and now it has surpassed R$ 120 thousand.

$16K en nul hype – Waar gaat Bitcoin nu heen?

De prijs van Bitcoin steeg van $15.500 tot $16.000 in minder dan zeven dagen. Gebaseerd op gegevens van CoinMarketCap, was de laatste keer dat de prijs $16.000 kruiste, ver terug in januari 2018. Echter, ondanks de recente prijsprestaties van Bitcoin, was de hype rond de wandeling in 2018 veel hoger dan de hype die we nu zien, in 2020.

In feite had het aantal „Bitcoin-transacties per dag“ in januari 2018 een ATH van 498.327 bereikt. In het eerste kwartaal van 2019 bereikte dezelfde metrische waarde ook een vergelijkbaar niveau. Echter, op het moment van schrijven, met BTC gewaardeerd op $15.946, was het aantal dagelijkse transacties slechts 319069.

Deze perstijd is slechts 64% van het ATH. Interessant is dat, terwijl het aantal actieve portemonnees met een saldo van 0,1 Bitcoin consistent is gegroeid, het aantal transacties stabiel is gebleven, ruim binnen het bereik van 30000 – 360264.

Veel experts hebben een vergelijking gemaakt tussen de huidige prijsrally en de historische stierenrennen van 2017, maar als de 2017 stierenrennen tulpen waren, dan is dit nog lang niet het geval. De twee zijn in veel opzichten verschillend – van Google-zoektrends tot het aantal Bitcoin-transacties en de marktkapitalisatie van de crypto-asset.

Hierbij moet worden opgemerkt dat de stierenloop van 2017 ook werd gekenmerkt door speculaties dat de prijsrally werd uitgelokt door een enkele walvis door het manipuleren van de prijs via Tether. Er is echter nooit genoeg bewijs geleverd om de bewering te staven, en de levering van Tether of de uitgifte van nieuwe Tether heeft mogelijk geen invloed op de prijzen van Bitcoin.

Dit gezegd zijnde, speelt het een centrale rol in het bieden van een alternatieve waardeopslag, waardoor er een nieuwe vraag ontstaat op spotbeurzen. Als digitaal alternatief voor fiat bieden stabiele munten een optie met relatief stabiele prijzen en een laag risico. Dit is lucratief voor beurshandelaren of nieuwe handelaren op fiatbeurzen. De optie om crypto-assets in Tether te houden maakt het mogelijk om tegen lage kosten te ruilen en over te dragen, en al deze factoren dragen bij aan de vraag naar Bitcoin in elke cyclus. Op deze manier heeft Tether een cruciale rol gespeeld in de adoptiecyclus, terwijl het ook de vraag genereert.

De marktkapitalisatie van Tether is van juni 2017 tot en met januari 2018 met 862% gestegen. In 2020 is de marktkapitalisatie van Tether pas sinds juni 2020 met meer dan 100% gestegen. Verder is ook de nieuwe vraagontwikkeling op de spotbeurzen consequent gestegen. Dit bewijst dat er geen sprake is van een hype of een relatief veel rustigere hype, vergeleken met 2017.

Bovendien waren de kwartaalcijfers van Bitcoin 125% en 210% in Q2 en Q4 van 2017. Echter, in 2020 waren de rendementen tot nu toe consistent en bedroegen ze respectievelijk 42% en 50%.

Ondanks het raken van $16.000, het hoogste prijsniveau van de cryptocrisis sinds 2019, was de waarde van BTC op het moment van de pers 97% verwijderd van de voorspelling van John McAfee van $500.000 tegen het einde van 2020. Afgezien van het fantastische optimisme lijkt het niet waarschijnlijk dat de prijs in de laatste 50-55 dagen van 2020 met 97% zal stijgen.

In feite, meer recentelijk, Tyler Winklevoss voorspelde 17k en naar de maan. Verder is de slotkoers van de crypto-asset sinds 24 oktober consequent hoger dan die van de vorige dag en het is waarschijnlijk dat dit zo zal blijven. De vraag of de koers inderdaad een van de in de genoemde voorspellingen genoemde koersdoelen zal raken, is echter nog lang niet beantwoord.

Bitcoin retrocede después de la victoria de Joe Biden

Ha sido una gran semana de paciencia para Estados Unidos y el mundo entero en general. Si la política hizo que fuera una buena o mala semana depende de la opinión que cada uno tenga. Sin embargo, para los hodlers de Bitcoin (BTC) , fue una gran semana.

El precio de la criptografía insignia ha subido más de un 8,5% en los últimos siete días

Ahora ronda los $ 15,000 y ha pasado más de 100 días por encima de los $ 10,000. Esta acción del precio de Bitcoin ha hecho que algunos expertos pronostiquen un nuevo pico. Otros ahora están haciendo un viaje por las líneas de la memoria y revisando 2016 en busca de algunas señales positivas.

En 2016, también fue un período de preelección, y la estabilidad fue seguida por una manifestación masiva. El siguiente nivel de resistencia para Bitcoin es de $ 17,000. ¿Bitcoin alcanzará este nivel? Mucho de eso depende de qué tan lejos caiga primero.

Las ballenas son optimistas ya que el día de las elecciones vio 58.861 BTC saliendo de Binance, lo que se traduce en la asombrosa cantidad de $ 816 millones. Este movimiento podría ser el resultado de un trato. Sin embargo, también es posible que las ballenas se estén preparando para una subida de precios.

Casi $ 1B también se alejaron de una billetera Silk Road por primera vez desde 2015. Podría ser el resultado de un hack, pero el tiempo dirá sobre ese tema. Por su parte, PayPal es optimista sobre el futuro de BTC. La empresa de pagos está aumentando sus límites de compra semanales de $ 10,000 a $ 15,000.

La cripto también tiene un nuevo amigo en el Senado de Estados Unidos. La republicana Cynthia Lummis ganó su carrera para representar a Wyoming. Adquirió Bitcoin por primera vez en 2013 y cree que la moneda digital puede convertirse en un depósito de valor confiable.

Blockchain también está despierto

Pero, no es solo bitcoin lo que está funcionando bien actualmente. La tecnología bitcoin subyacente también está en racha. The Associated Press logró usar una cadena de bloques para publicar los resultados de las elecciones al tiempo que garantizaba que estos números no pudieran ser pirateados. Un miembro del Senado australiano , Andrew Bragg, ha estado impulsando implacablemente la cadena de bloques para que sea una forma de facilitar el cumplimiento financiero.

Gibraltar se ha unido al Global Blockchain Business Council como miembro observador. Curiosamente, el Territorio Británico de Ultramar se une a más de 50 países en el consejo y planea promover el uso de blockchain en toda la isla.

El brazo local de HSBC en Bangladesh también ha logrado realizar la primera transacción internacional de financiamiento comercial blockchain del país. La carta de crédito digital involucrada tardó apenas 24 horas en procesarse. Sin el uso de una cadena de bloques, el mismo proceso tomaría de cinco a diez días.

Bitcoin y la cadena de bloques subyacente pueden estar en aumento. Sin embargo, los mercados de finanzas descentralizadas (DeFi) están comenzando a enfriarse. Las tarifas de Ethereum han bajado significativamente, pero Electroneum está despierto y activo. Esta red de pagos con criptomonedas celebra su tercer aniversario. Su objetivo es expandir el uso de su moneda ETN y también hacer crecer su plataforma de conciertos AnyTask .

The central banks‘ CBDC ideal

In a new report, seven members of the BIS investigate which properties a CBDC should have in order to combine the advantages of a digital currency with the common goal of maintaining financial market stability.

The Bank for International Settlements (BIS) is an association of central banks from 62 jurisdictions. Its members include the Deutsche Bundesbank, the European Central Bank (ECB), the Chinese Volksbank and the US Federal Reserve System. Also known as the “central bank of the central banks”, the aim of the BIS is to coordinate the monetary policy of its member banks. Central Bank Digital Currencies – in short: CBDC – are among the topics that have been of concern to international central bankers, at least since the Chinese central bank went it alone.

How does a „CBDC“ have to be designed?

The authors of the report published on Friday October 9th – in addition to the ECB, the central banks of England, Sweden, Japan, Canada, Switzerland and the USA – first shed light on three principles that are essential when creating or issuing a CBDC pay attention to.

First and foremost is the principle that a CBDC should not negatively affect the core business of a central bank, which is to guarantee a stable financial market. Instead of competing with a national currency, a CBDC should complement or support this. This should be guaranteed, for example, by a fixed exchange rate of 1: 1 to the respective fiat currency.

This goes hand in hand with the second principle that the authors of the report want to see implemented at a CBDC: the coexistence of different forms of money. The introduction of a CBDC should not mark the end of cash. CBDC, cash and book money should exist in parallel and the central banks should continue to produce cash “as long as there is demand”.

As the third cornerstone, the ECB and Co. outline the topic of “innovation and efficiency”. In it, the authors describe the necessity of a CBDC in view of the growing number of alternative payment options that consumers are facing. If not explicitly mentioned, it can be assumed that the authors had Facebook’s planned stable coin Libra and cryptocurrencies in mind when they write:

Without continued innovation and competition to make a jurisdiction’s payment system more efficient, users can use other, less secure instruments or currencies. Ultimately, this could lead to damage to the economy and consumers, potentially affecting monetary and financial stability.

Libra’s wake-up call reverberates in the BIS to this day

Fears that can be heard from the BIS and its members since 2018, when Facebook presented its ambitious stable coin project. A “wake-up call” for the central banks, so the much-quoted reaction of the ECB board member at the time, Benoît Cœuré. Since this year he has been head of the “Innovation Hub” at the BIZ.

The thesis that the advance from the private sector in the form of Libra was needed for the central banks to seriously deal with the development of purely digital national currencies is supported by a graphic from the BIS report. This shows a significant increase in CBDC research at central banks in 2018. So far, however, very few have got beyond theory and have launched a pilot.

Characteristics of a „good“ CBDC

The report describesfurther 14 core properties that a digital national currency must meet in order to do justice to the principles described above. For example, there should be no or only low costs for the end user when using a CBDC; this also applies to any hardware acquisition costs. Acceptance and availability should also be ensured as far as possible. A CBDC should ideally be able to be used anywhere that cash is also accepted. This also includes the option of performing offline transactions.

In addition, a CBDC should be immune from both cyber attacks and external influences such as environmental disasters.

Bitcoin: El activo ideal en la crisis global

Con la economía mundial sacudida por el bloqueo nacional, los cierres de fronteras y las roturas de la cadena de suministro, aumenta la preocupación por las empresas locales y las perspectivas financieras para el futuro de las pequeñas empresas.

Aunque los inversores huyen de las aguas problemáticas, no existe una oportunidad segura a la que puedan acudir.

Bitcoin, que se ha convertido en uno de los nuevos activos de refugio más populares, ha visto recientemente una caída de casi el 6% en su valor, desde un comercio constante alrededor de los 11.000 dólares. Sin embargo, a pesar de la caída, vale la pena notar que tanto el oro como el S&P 500 cayeron al mismo tiempo, lo que apunta a un declive del mercado de inversiones en general, más que a una simple volatilidad en el mercado de criptodivisas.
Comparando el rendimiento del criptograma con el del S&P 500

Desde una perspectiva técnica, el Índice de Volatilidad del Chicago Board Options Exchange (CBOE) indica que la volatilidad implícita del mercado del S&P 500 ha experimentado un aumento drástico en poco más de dos meses. Los expertos en inversiones creen que esto podría llevar a una caída del mercado, similar a la caída de marzo. El Índice de Volatilidad subió por encima de la marca de los 30,00 dólares estadounidenses, lo que normalmente sólo se ve en eventos globales de choque, como guerras importantes o crisis internacionales relacionadas con el terrorismo.

Bitcoin, a pesar de la caída, se ha mantenido más estable que en los últimos años, manteniéndose en torno a los 10.000 dólares estadounidenses de forma constante.

Actividad reciente: Bitcoin contra el oro

El oro también se desplomó recientemente, alcanzando la marca más baja de los últimos dos meses. Tampoco es el único metal precioso en el mercado en el que la plata ha recibido un gran golpe. Los expertos creen que el reciente decrecimiento del interés en los metales preciosos podría estar relacionado con los inversores que buscan añadir opciones respaldadas por el dólar americano a sus carteras.

Sin embargo, dicho esto, los inversionistas han sido cautelosos en recurrir a las monedas fiduciarias como refugios seguros dada la inestabilidad de la economía mundial. La pandemia y los obstáculos económicos resultantes han afectado a las principales divisas del mundo, incluyendo el euro, el yen japonés y el franco suizo.

El movimiento de Bitcoin con las próximas elecciones

Es muy probable que los mercados se vean influenciados por las próximas elecciones y los debates nacionales para la presidencia de los Estados Unidos. Esto es especialmente cierto dada la fuerte aversión del actual presidente de los Estados Unidos, Donald Trump, a Bitcoin y a la industria de la criptodivisa. Joel Edgerton, CEO de la bolsa de criptodivisas BitFlyer, comentó sobre esto, diciendo que el mercado de criptodivisas podría tener una gran volatilidad:

„El movimiento de precios es principalmente impulsado por el negocio institucional con los clientes minoristas que siguen comprando las caídas y acumulando activos. Un punto clave a observar es el posible efecto de la elección de los EE.UU. y si eso cambia la respuesta de la Reserva Federal de su actual postura muy acomodaticia a una postura más normal“.

La inversión en Bitcoin es atractiva debido a la escasez

Históricamente, a medida que el dólar se hunde, el precio de Bitcoin sube. La correlación inversa parece ser una marca de que los inversores tienden a la criptodivisa como un activo seguro para protegerse contra la caída de los precios de la moneda fiduciaria, pero los analistas sugieren que esto no siempre es así. Como ha comentado Sam Tabar, los individuos podrían tender hacia la criptodivisa de forma aislada del dólar a medida que el mercado de activos digitales se hace más prominente. Además, cree que la oferta limitada de Bitcoin – similar a la del oro y otros bienes comunes – también tiene un impacto en el precio y el movimiento de la ficha.

Ofreció que con el tiempo, „la gente será cada vez más consciente del espacio de los activos digitales, y que la sofisticación disminuirá la correlación con los mercados tradicionales… En cuanto a los productos básicos y el oro especialmente, estoy de acuerdo con la narrativa de los recursos escasos. Si se observan los singulares paquetes de estímulo que se han lanzado en la mayoría de las mayores economías del mundo, se podría haber esperado una medida de ese tipo. Creo que en el espacio criptográfico, esta narrativa sólo es válida para Bitcoin y no para ninguna otra criptodivisa“.


Så här handlade Nasdaq-noterade MicroStrategy om att köpa 175 miljoner dollar i Bitcoin

MicroStrategy har blivit affischbarnet för vanliga Bitcoin-antagande bland företag. Det är det enda börsnoterade företaget som vänder sig mot BTC som en reservtillgång för att lagra sitt kapital i.

Deras tillkännagivande förra månaden angående deras beslut att dölja den amerikanska dollarn till förmån för BTC att lagra sitt kapital var stort, eftersom det visade att den digitala referensvärdena får nytta som en värdebutik.

För ett företag med hundratals miljoner dollar i kontanter är beslutet meningsfullt, eftersom kryptos brist gör det möjligt för dem att undvika de massiva förluster som annars skulle uppstå på grund av inflation.

Att skaffa så mycket Bitcoin Trader utan att gå igenom OTC-arenor är dock ingen lätt uppgift, och företagets VD förklarade i en nyligen tweet hur de gick till med att göra detta.

MicroStrategy innehar nu 38 250 Bitcoin

Tidigare denna vecka tillkännagav Microstrategys VD Michael Saylor att hans företag hade fördubblat sin Bitcoin-satsning och lagt till 175 miljoner dollar av den digitala tillgången till deras innehav.

Detta massiva inköp kom bara några veckor efter att företaget hade avslöjat sina planer på att byta till en alternativ Bitcoin-fokuserad finansiell strategi. De har nu för avsikt att hålla hela kapitalreserven i BTC för att undvika inflation och devalvering av den amerikanska dollarn, som skrivs ut i enastående kurs.

Denna strategi är oöverträffad och startades av köpet av hela 250 miljoner dollar av den digitala tillgången.

Den Företaget avslöjade den 15 september att de köper ytterligare BTC, genomför en $ 175 miljoner köp via spotdetaljhandelsmarknaderna. Detta kan ha orsakat att Bitcoins pris steg till 10 900 dollar medan resten av marknaden trängde lägre.

Deras totala innehav uppgår nu till 38 250 Bitcoin, med en sammanlagd inköpspris på 425 miljoner dollar.

Så här köpte MicroStrategy 16 796 BTC

Under sin senaste inköpsanvändning använde MicroStrategy detaljhandeln för att förvärva sin krypto, där företagets VD förklarade att de köpte 16 796 BTC under 74 timmars kontinuerlig handel.

”För att förvärva 16 796 BTC (avslöjas den 14 september 2012) handlade vi kontinuerligt 74 timmar och genomförde 88 617 affärer ~ 0,19 BTC var tredje sekund. ~ 39.414 dollar i BTC per minut, men hela tiden var vi redo att köpa 30-50 miljoner dollar på några sekunder om vi hade tur med en nedåtgående spik på 1-2%. ”

Den massiva mängden kapital som introducerades på marknaden som ett resultat av dessa 74 timmars kontinuerlig handel hade sannolikt bestående effekter som fortfarande kan påverka Bitcoin.

Bitcoin , som för närvarande rankas som nummer 1 efter marknadsvärde, har sjunkit 0,45% under det senaste dygnet. BTC har ett börsvärde på $ 202,22B med en 24-timmars volym på $ 26,08B.