Category Archives: Bitcoin
It’s possible with a Bitcoin investment

Turn US$10,000 into US$1,200: It’s possible with a Bitcoin investment

US citizens who invested their first April 2020 aid payment in Bitcoin have now turned it into US$10,000.

The Twitter account „$1200 Stimulus Is Now Worth“ tracks how much the first US aid payment, which amounted to US$1,200, would be worth if invested in Bitcoin. US citizens received the Crypto Engine review payment from 15 April 2020.

The passage of the first US$1,200 Corona aid package in April last year coincided with a strong bull run in the cryptocurrency and stock markets.

Bitcoin was at US$6,848 on 15 April. If you had invested that US$1,200, it would now be worth US$10,211, assuming today’s prices of around US$56,000. The return on investment is 751 per cent.

You’d have over $10,000 if you bought #bitcoin with your stimulus check

Check https://t.co/jckMs158A2 for live updates. pic.twitter.com/TXp2HnOpEc
– $1200 Stimulus Is Now Worth (@BitcoinStimulus) March 10, 2021

And if you missed investing the first aid cheque in Bitcoin, the second one of $600 from the end of December would still have brought a decent return as well. If you had bought Bitcoin on 1 January at a price of around US$29,000, that US$600 investment would now be worth around US$1,160. That’s a return of 93 per cent.

A third bailout is planned because on 6 March the US Senate waved through a US$1.9 trillion stimulus package. US dollars on 6 March. In the process, 1,400 US dollars are to be paid out to every American citizen.

To achieve the same return with the third aid payment, there would have to be a very sharp rise in the bitcoin price. To achieve a 751 per cent return again, the bitcoin price would have to rise to 476,000 US dollars. To achieve a 93 per cent return, bitcoin would have to rise to US$108,000.

In the short term, many institutions believe a Bitcoin price of over 100,000 US dollars in 2021 is feasible. Earlier this year, Nikolaos Panigirtzoglou, a strategist at JPMorgan Chase, claimed that US$146,000 or more is possible for Bitcoin by the end of 2021. He believes Bitcoin will overtake gold as a hedge and long-term store of value.

According to a July 2020 survey by Grayscale Investments, the Corona pandemic has increased investor interest in Bitcoin. The firm surveyed 1000 investors aged 25-64 who had private investments of US$10,000 or more.

The survey found that the pandemic had influenced the decisions of 63 per cent of respondents who had invested in Bitcoin in the past four months.

Had they invested the first aid payment of 15 April in Ethereum, they would have made an even better return than with Bitcoin. With 7.5 Ether, which one could buy with the 1,200 US dollars at that time, the investment would now be worth 13,500 US dollars and 1025 percent more.

$ 50B torkades från Tesla efter BTC-köp – men MasterCard och Twitter ökar

Teslas aktie föll med 7% efter tillkännagivandet att det investerade 1,5 miljarder dollar av sina kassareserver i kryptovalutan.

Elbilstillverkaren Tesla har sett mer än 55 miljarder dollar

Elbilstillverkaren Tesla har sett mer än 55 miljarder dollar torkas från sitt marknadsvärde sedan de tillkännagav köpet av 1,5 miljarder dollar i Bitcoin för fyra dagar sedan – men Twitter och MasterCard har gått i andra riktningen.

Sedan Teslas tillkännagivande på måndagen har elbiljättens aktiekurs sjunkit 7% från $ 869,52 (834,6 miljarder dollar). Det handlas för närvarande till 811,66 dollar (779 miljarder dollar).

Även om det kan finnas andra faktorer bakom aktiekursfallet, är vissa investerare, som Baker Avenue Wealth Management-chefsstrateg King Lip, oroliga för att det är en onödig risk att hålla 8% av bolagets kassareserv i en volatil tillgång.

”Det kommer att öka volatiliteten i aktien på grund av exponering för Bitcoin. Detta är bättre för Bitcoin än för Tesla. ”

Tesla-aktier har varit kända för att bortse från finansanalytikerns uppfattning i allmänhet med den finansiella tidningen Barron som säger att högst 40% av analytikerna har betygsatt sina aktier som ”Köp” sedan 2018.

Den tidigare Bernstein-analytikern och Bitcoin-skeptikern Gary Black uppgav två veckor tidigare att han skulle sälja sina Tesla-aktier om de lade till Bitcoin i balansräkningen. I enlighet med sitt ord tillkännagav han sin utträde på Twitter, men tillade också att han kommer in igen.

Bara 90 minuter senare reviderade han sin förutsägelse för biltillverkarens lager till 960 dollar och släppte endast 40 dollar från den tidigare uppskattningen på 1 000 dollar. Detta fick vissa Twitter-användare att ifrågasätta om han verkligen tror på hans siffror eftersom han just hade lämnat sin position.

Sålde också mer än 150 000 aktier en dag efter Bitcoin-meddelandet

Ingår i försäljningen var Elon Musks yngre bror och Tesla-regissören Kimbal Musk, som sålde 5% av sina aktier för 25,6 miljoner dollar. En annan direktör, Antonio Gracias, sålde också mer än 150 000 aktier en dag efter Bitcoin-meddelandet, enligt värdepappersarkiv.

Trots tidpunkten finns det inga bevis för att denna försäljning är relaterad till de senaste Bitcoin-nyheterna. Och för den delen är det oklart vilken inverkan Bitcoin-köpet hade på aktiekursen, med tanke på att nyheterna också bröt denna vecka att Tesla hade kallats in av kinesiska regeringsmyndigheter för samtal om kvalitetsfrågor i sina elbilar.

Det är också klart att inte alla aktieinvesterare är Bitcoin-negativa. Socialjätten Twitters aktie ökade efter kommentarer om att företaget snart skulle kunna köpa in Bitcoin. Under en intervju på CNBC: s Squawk Box den 10 februari sa teknikföretagets ekonomichef Ned Segal att företaget överväger att lägga kryptovalutan till sina egna böcker och använda den för Twitter-anställdas löner.

Under de två dagarna efter intervjun ökade Twitter-aktien med nästan 15% från 59,88 $ till 68,56 $, bara blyg för sin rekordhöga nivå på 69 $. På samma sätt ökade MasterCard-aktien med 4% efter tillkännagivandet att det kommer att stödja flera kryptovalutor i sitt nätverk den här veckan.

Stora företag som investerar i Bitcoin kommer inte nödvändigtvis att översättas till ett mycket högre marknadsvärde: om Apple, Microsoft, Facebook, Twitter, MasterCard och Google skulle investera 8% av sina kontantreserver i Bitcoin skulle detta bara översättas till mindre än 8 USD. miljarder investeringar totalt. Det är mindre än 1% av Bitcoins nuvarande börsvärde. Men signalen den skickar skulle sannolikt få andra företag och investerare att hoppa på vagnen.

Gråtoner ejer nu 3% af al Bitcoin i omløb

Efter køb af 16.244 BTC ($ 607 millioner) den 18. januar blev Grayscale for nylig den største institutionelle køber på Bitcoin-markedet. Denne udvikling fandt sted efter en 15. januar opdatering fra firmaet, som afslørede, at Grayscales samlede aktiver under forvaltning var $ 27,1 milliarder i krypto.

Nyhederne genklang i hele det digitale aktivrum. CEO for CoinCorner var hurtig med at henlede opmærksomheden på virksomhedens aktiviteter og sagde :

Charles Edwards, grundlægger af Capriole-investeringer, fremsatte et andet vigtigt punkt. Efter BTC-købet bemærkede Edwards, at Grayscale Investments nu besidder tre procent af al Bitcoin Profit i omløb.

Edwards sagde, at fondsforvalterens beholdning vokser omkring ti procent hver måned og forudsagde, at Grayscale kunne indeholde ti procent af al Bitcoin inden for dette år selv, forudsat at virksomheden forbliver på sit nuværende spor. Han sagde yderligere :

Centraliseringen af ​​Bitcoin er flyttet fra børser til wall st. Forskellen er, dette er en envejsmodel

Derudover er investeringsselskabets AUM steget markant. Fra 14. januar erklærede Grayscale , at dets samlede aktiver under forvaltning (AUM) var værd $ 25 milliarder i krypto.

Sidste år, den 30. december, gråtoner ’s AUM var $ 19 milliarder i digitale aktiver. Den 29. december 2020 rapporterede virksomheden, at dets AUM tredobledes fra 1. november 2020, da det havde 7,6 mia. $ I aktiver under forvaltning.

Euro Pacific Capital CEO Peter Schiff har kritiseret Grayscale og endda beskyldt kapitalforvalteren for at „pumpe“ Bitcoin til investorer gennem sin betaling for reklamer på CNBC . Han hævdede endda, at Grayscale brændte „Bitcoin-boblen“.

Imidlertid tog Grayscales Barry Silbert til Twitter for at adressere Schiff’s kommentarer. Med henvisning til et nylig interview, hvor Peter Schiff beskylder mediekanalen for at være „købt og betalt for“ af firmaet, kaldte Silbert Schiff’s kommentarer en „alvorlig beskyldning.“

I riflettori sono puntati su Bitcoin, ma la maggior parte delle attività sono in verde in questo momento

Di certo tutti continuano a parlare di bitcoin ultimamente.

La valuta ha raggiunto un nuovo massimo storico di circa 23.000 dollari per unità, e mentre l’attività sta andando estremamente bene, non possiamo dimenticare gli altercoin più piccoli che condividono la ribalta della crittografia con il bitcoin. Stiamo parlando, ovviamente, di valute come l’XRP di Ripple e l’Ethereum.

Il bitcoin sta andando bene, ma anche tutto il resto.

L’etereum è la seconda più grande moneta criptovariabile in termini di mercato e il numero uno tra i concorrenti del bitcoin. Al momento della scrittura, l’asset è aumentato di quasi il due per cento ed è scambiato per un nuovo massimo annuale di circa 650 dollari per unità. Anche l’XRP è salito a circa 50 centesimi per gettone.

Inoltre, sembra che i mercati finanziari stiano andando bene ovunque, considerando la crescita delle azioni, e l’oro è ancora ad un livello elevato, nonostante abbia fatto qualche calo qua e là negli ultimi giorni. In altre parole, l’economia globale sembra essere in piena espansione e in ripresa dopo nove lunghi mesi di pandemia di coronavirus.

Nel 2020 mancano ormai meno di due settimane. Queste ultime settimane sono state caratterizzate da storie che riguardano lo sviluppo di un nuovo vaccino COVID a cui hanno avuto accesso vari individui come infermieri, attori e persino lo stesso vicepresidente Mike Pence. Mentre le cose probabilmente hanno ancora un po‘ di tempo, gli Stati Uniti e i loro vicini stanno facendo progressi quando si tratta di rimuovere finalmente la barricata che ha causato così tanti problemi nell’ultimo anno.

Questo potrebbe potenzialmente dare ai mercati la spinta di cui hanno bisogno. I cittadini hanno molta più speranza e fiducia nel futuro e stanno assistendo alla nascita di una luce alla fine del tunnel. Inoltre, dopo mesi di andirivieni senza risultati in vista, sembra che un nuovo disegno di legge di stimolo sia finalmente sul punto di ottenere l’approvazione. Non è chiaro cosa i singoli americani riceveranno dal progetto di legge, ma questo è anche un grande passo avanti quando si tratta di spingere la più grande economia del mondo nella giusta direzione.

E alla fine, sembra che gli alti livelli di domanda sia per il bitcoin che per i suoi cugini altcoin siano appena all’inizio. Gli analisti della Deutsche Bank hanno recentemente spiegato in un comunicato:

Ci sarà una ricerca di valute alternative a causa del costante svilimento della moneta fiat. Si ritiene che il bitcoin continuerà ad essere molto richiesto.

Più problemi per Fiat significa più forza per Crypto

Conceduto che il dollaro americano e altre forme di fiat continuano a mostrare segni di cedimento all’inflazione e ad altre dure realtà economiche, il bitcoin è probabile che rimanga in una posizione solida. Yang Li, che lavora con lo scambio digitale estero Ziglu, cita anche Yang Li, che lavora con lo scambio digitale estero Ziglu:

Un’adozione più ampia aumenterà ancora di più il valore del bitcoin. Questo è solo l’inizio.

Bitcoin Cash, Cosmos, Dash Preisanalyse

MassMutual war kürzlich in den Nachrichten, nachdem es Bitcoin im Wert von 100 Millionen US-Dollar gekauft hatte. Diese Nachricht antwortete der Milliardär Mike Novogratz als „möglicherweise die wichtigste BTC-Nachricht von 2020“.

Aufgrund einer solchen Entwicklung zeigte Bitcoin Cash eine bullische Divergenz in den Charts und stieg auf das Widerstandsniveau von 267 USD

Weiter unten auf der Kryptoleiter verzeichneten Cosmos und Dash in den letzten Tagen Verluste, woraufhin sie in den Stunden vor der Drucklegung einen Preisanstieg verzeichneten. Es ist jedoch zu beachten, dass sich ihre Leistungen in den letzten zwei Monaten erheblich unterschieden haben, was einen Kontext für ihre Preisbewegungen darstellt.

Bitcoin Cash fiel von 288 USD auf 256 USD, ein Rückgang von 11,3% innerhalb von fünf Tagen. Dies war neben dem Abstieg von Bitcoin von 19.200 USD auf 17.600 USD. Genau wie Bitcoin zeigte auch BCH auf dem 4-Stunden-Chart eine bullische Divergenz zwischen dem Preis und dem Momentum-Indikator (RSI).

Der Preis bildete ein niedrigeres Tief, während der RSI ein höheres Tief (orange) bildete, und anschließend stieg der BCH, um das Widerstandsniveau bei 267 USD zu testen. Seit den lokalen Höchstständen von 354 USD im November war der Abwärtstrend jedoch ebenfalls rückläufig, und der RSI zeigte zum Zeitpunkt des Schreibens eine neutrale Dynamik.

Der Trendlinienwiderstand würde neben dem horizontalen Widerstandsniveau von 267 USD in den kommenden Stunden viel Einblick in die Richtung von BCH geben. Eine Ablehnung könnte hier zu einer Konsolidierungsphase von 255 USD führen, während eine Umkehrung des Widerstandsniveaus einen weiteren kurzfristigen Aufwärtstrend auslösen könnte.

Cosmos befindet sich seit dem lokalen Höchststand von 6,4 USD Ende November in einem Abwärtstrend

Seitdem haben sowohl der Preis als auch der OBV eine Reihe niedrigerer Höchststände verzeichnet.

Der jüngste Rückgang auf dem Altcoin-Markt führte auch zu Verlusten bei ATOM. Die Handelssitzung schloss bei 4,5 USD. In den folgenden Sitzungen war jedoch eine erhebliche Handelsaktivität zu verzeichnen, und der Preis stieg zum Zeitpunkt des Schreibens ebenfalls auf 4,85 USD.

Der Aroon-Indikator zeigte, dass noch ein Abwärtstrend im Spiel war. Oberhalb des Niveaus von 4,8 USD würden 5 USD auch als geeignetes Widerstandsniveau dienen.

Ist die Korrekturphase von Bitcoin vorbei?

Nachdem Longs im Wert von etwa 2 Milliarden Dollar während des jüngsten Absturzes dezimiert wurden, blieb nur noch die Frage: „Ist die Bitcoin-Korrektur vorbei?

Die Korrektur von Bitcoin war im Anmarsch, aber niemand wusste, wann sie zu erwarten war. Darüber hinaus kam Bitcoins ATH mit jedem Anstieg einfach näher. Die jüngsten Bewegungen der Krypto-Währung haben also viele Benutzer überrumpelt. Die Gefühle von Gier und FOMO gewannen wie üblich die Oberhand, und der Preis begann zu steigen, ohne den nötigen Schwung zu haben, der bei einer kleinen Korrektur in den Charts entstanden wäre.

Bedenken Sie dies – Die obige Grafik zeigt deutlich, dass Bitcoin während des größten Teils seiner jüngsten Rallye ständig überkauft war. Dies ist zwar ein Beweis für die Tatsache, dass eine Korrektur überfällig war, aber es zeigt auch, wie lange die Benutzer des Kryptos durch die Kursbewegung von BTC überrumpelt wurden.

Betrachten Sie auch die nächste Tabelle, wobei die nächste die Gefühle von FOMO und Gier auf ihrem Höhepunkt hervorhebt. Tatsächlich hatten diese Gefühle schon seit einiger Zeit ihren Höhepunkt erreicht, weshalb ja eine Korrektur erforderlich war, und sei sie noch so gering, damit Bitcoin Bank die Chance hat, seinen ATH auf den Charts zu brechen. Da keine Korrekturen vorgenommen wurden, sollte es auch keine neue ATH geben.

Der/die Wal(e), der/die den neuen Bullenlauf kurzgeschlossen hat/haben

Aber die Geschichte geht noch weiter. Es scheint, dass die ganze Zeit über ein Wal seinen/ihren Kurzschluss bei Bitfinex ausgeheckt hat. Tatsächlich ist immer noch nicht klar, ob es sich tatsächlich um ein einzelnes Wesen handelt.

Aus der beigefügten Grafik können wir ersehen, dass der Wal seit dem 19. Oktober Leerverkäufe auf dem Markt getätigt hat. Nach dem 19. Oktober begann der Preis von Bitcoin schließlich in Richtung 19.000 $ zu steigen, ausgehend von 11.000 $ in den Charts. Nun, dies ist ein ungewöhnliches Stück für einen Wal auf einigen Ebenen.

Tatsächlich gibt es zwei Möglichkeiten zu interpretieren, warum dies ungewöhnlich war,

  1. Der Short war eine einfache, aber naive Absicherung gegen vielleicht eine Long-Position
  2. Nur ein Wal, der versucht, die Kundgebung ganz allein zu verhindern

Als der Preis am 24. November fiel, schien der oben erwähnte Wal die meisten seiner Shorts [sowohl USDT als auch USD] bedeckt zu haben.

Steht die Korrektur also noch bevor?

Vielleicht. Im Moment ist das Kurz-zu-Lang-Verhältnis bei Bitfinex und Binance ungewöhnlich hoch. Angesichts der Tatsache, dass die beiden Börsen zwei der größten Hotspots für BTC-USDT-Handelspaare sind, scheinen die Chancen für die Hausse des Marktes nicht allzu günstig zu sein.

Wie das beigefügte Diagramm zeigt, gibt es tatsächlich eine hohe Anzahl von Verkaufsaufträgen bei 19.500 USD und 18750 USD. Daher können wir einen Anstieg der kostenlosen Bitcoin bis zu diesen Niveaus erwarten. Es ist jedoch auch zu beachten, dass eine Korrektur für BTC über die genannten Niveaus hinaus Änderungen unterliegen wird.

A new asset class: How institutional investors legitimize Bitcoin

Bitcoin is maturing into a legitimate financial product that is finding its way into more and more traditional portfolios. Now hedge fund legend Ray Dalio is also expressing interest in BTC.

They are the really big ones

Paul Tudor Jones, Stanley Druckermiller and now even Ray Dalio is on the way. While the former have been stepping into the breach for BTC for some time, the latter is still struggling. Ray Dalio, an investor and hedge fund manager, is an advocate of a gold position in the portfolio and already subscribes to the narrative of inflation and rising debt, which Bitcoiners also feel connected to. Actually, it is believed, Dalio should have gone under the Bitcoiners long ago. So far, however, the billionaire is still struggling.

Bitcoin is simply too volatile for a currency. Who would want to store their wealth in money that can lose up to ten percent of its value a day, and the state would not tolerate a parallel currency under any circumstances. Should BTC actually become a threat to the state monopoly of money, it would simply ban Bitcoin.

In a tweet on November 17, the company sounded different and for the first time signaled openness to Bitcoin.

It is logical that Bitcoin Twitter insisted on making the desired corrections. Bitcoin is of course volatile – in contrast to gold, the crypto currency is still at the beginning of its monetization and is comparatively illiquid. Volatility, however, works both ways. Bitcoin was the dominant asset class that year. Bitcoin has been up 152 percent since the beginning of the year. A missed trade that Dalio should regret too.

Hedge fund manager Druckermiller is pro bitcoin

This is the notch that investor Stanley Druckermiller suggests. From 1981 to 2010, the economist was the manager of Duquesne Capital , one of the most successful hedge funds ever. Druckermiller achieved the sheer superhuman achievement of generating an average of 30 percent ROI per year for his investors. In 2010 he closed the fund.

The philanthropist admitted to CNBC that he was a Bitcoin fan and had even invested in the crypto currency.

Dólar de origem perde $7 milhões em Empréstimo Flash DeFi

Dólar de origem perde $7 milhões em Empréstimo Flash DeFi Exploit

  • Dólar de origem explorado em um ataque de empréstimo relâmpago.
  • Tanto quanto 7 milhões de dólares foram roubados.
  • OUSD perdeu sua cavilha, despejando para $0,11.

Quer saber mais? Junte-se ao nosso Telegram Group e receba sinais de negociação, um curso de negociação gratuito e comunicação diária com os fãs de criptografia!

O Trust Project é um consórcio internacional de organizações de notícias construindo padrões de transparência.

Hack Cryptocurrency Theft

A moeda de origem dólar estável (OUSD) foi explorada e a equipe por trás do projeto revelou um prejuízo de pelo menos 7 milhões de dólares.

Como relatado pelo BeInCrypto em setembro, o Protocolo de Origem lançou o OUSD stablecoin para permitir que os titulares ganhem rendimentos Bitcoin Loophole sem depositar grandes quantidades de garantias. Ele foi apoiado por uma cesta de outras moedas estáveis incluindo USDT, USDC, e DAI.

Durante as primeiras horas da manhã de terça-feira, a equipe anunciou que tinha havido uma exploração que resultou na perda de fundos:

OUSD explorado por 7 milhões de dólares

Um posto médio por Origem, co-fundador do Protocolo Matthew Liu, revelou que houve uma perda de fundos de cerca de US$ 7 milhões, incluindo mais de US$ 1 milhão em fundos depositados pela Origem e seus fundadores e funcionários.

A transação na raiz do ataque parece explorar um empréstimo relâmpago, que é quando a garantia é emprestada e paga de volta na mesma transação.

Outros que investigaram o ataque afirmaram que cerca de 11.800 ETH no valor estimado de US$ 5,5 milhões foram roubados na incursão. Também foi revelado que isto foi então „lavado“ em renBTC a fim de ser convertido em BTC nativo.

O pesquisador da DeFi Chris Blec questionou por que o Ren Protocol não fez nada para impedir a exploração de sua própria rede para movimentar fundos roubados;

„Enquanto @renprotocol está em seu estado centralizado, seu pesado porquê estão permitindo que isto ocorra e não estão modificando sua rede centralizada para colocar o hacker na lista negra“.

O Protocolo de Origem desabilitou depósitos no cofre e disse aos usuários para não comprarem OUSD na Uniswap ou Sushiswap, pois os preços atuais não refletem os ativos subjacentes do stablecoin.

Na época da imprensa, OUSD tinha perdido sua cavilha e caiu para $0,11 de acordo com o Uniswap.info.

Liu pediu desculpas aos investidores, acrescentando que a equipe está trabalhando incansavelmente para chegar ao fundo da exploração;

„Nós não vamos embora. Isto não é um golpe interno ou um golpe de tapete. Apesar deste revés, é nossa intenção fazer do OUSD um produto seguro, protegido e bem-sucedido que se baseia na missão mais ampla da Origem do comércio peer-to-peer“.

Medos do Empréstimo Flash

O incidente destaca o perigo dos empréstimos relâmpago que atormentaram o setor DeFi este ano. É o último de uma série de recentes explorações a outros protocolos DeFi, tais como Harvest Finance e Akropolis, e é pouco provável que seja o último.

No início deste ano, o protocolo DeFi bZx foi explorado por cerca de US$ 1 milhão, enquanto durante o verão vários outros protocolos, incluindo o dForce, Bancor, Balancer e Opyn, foram todos explorados.

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 Profit 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 Bitcoin ABC , 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 Bitcoin.com 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.

IPO in Australia accepts cryptocurrency Tether for the first time

Stax makes it possible: WCA shares can be paid for on the Sydney Stock Exchange (SSX) with Australian dollars and, for the first time, with the stable coin tether.

An initial public offering (IPO) is nothing unusual in itself

It becomes interesting, however, when traditionally securitized securities can also be paid for with tokens instead of just fiat money. This is now possible in Australia. Behind this is Australia’s crypto-friendly capital-raising platformStax. She and her client West Coast Aquaculture Group (WCA) have announced such a project. This is the first IPO in the country to accept a virtual currency as a means of payment.

Investors participating in WCA’s offering can purchase the company’s equity through Tether (USDT) or Australian dollars, as reported in media reportsis called. Since tether, as a stable coin, is naturally subject to slight fluctuations, it was given preference over other crypto currencies such as Bitcoin (BTC) or Ethereum (ETH). The speed was also a decisive criterion. Bitcoin Legacy shares are expected to begin trading on the Sydney Stock Exchange (SSX) around November 19, 2020.

The acceptance of USDT in an IPO is a transformative move in Australia and a significant advance in the adoption of cryptocurrencies in general. It paves the way for the future of the capital markets Down Under. We are democratizing access to a market that has previously been difficult for foreign investors to access, which will only be beneficial for Australian companies in the long term.

IPO is expected to raise at least A $ 5 million

WCA is based in Melbourne and operates one of the largest marine farms in Langkawi, Malaysia. Their main products are live and fresh grouper species. WCA’s clientele includes wholesale and retail customers in Malaysia, Hong Kong and Singapore.

As stated in the IPO’s prospectus, WCA is offering between 10,000,000 and 14,000,000 shares at a price of $ 0.50 each. That is between 8.78 and 11.87 percent of the total available shares. The minimum target is 5 million Australian dollars. WCA chose the Sydney Stock Exchange (SSX) as its trading venue because of the support it gives companies with smaller market capitalizations. The requirements are also generally more transparent and easier to meet. After its IPO, WCA plans to use investments to expand. This includes the purchase of hatchery and rearing facilities in order to further optimize the supply chain for fresh fish. The IPO was led by Agile Legal and STAX to ensure

Next Page