JPMorgan lança ‘cesta de exposição criptográfica’ com MicroStrategy e Square

O gigante dos serviços financeiros entrou com a SEC para lançar um instrumento de dívida ligado a 11 empresas cripto-focadas.

A uma cesta de empresas criptofocadas

JPMorgan Chase projetou um novo instrumento de dívida que fornece aos investidores exposição direta a uma cesta de empresas criptofocadas, de acordo com um novo arquivamento junto à Comissão de Valores Mobiliários dos Estados Unidos, ou SEC.

A cesta de exposição a moedas criptográficas do JPMorgan (Mar 2021) é descrita como uma “cesta de peso desigual composta de 11 ações de referência de empresas listadas nos EUA” que operam negócios direta e indiretamente relacionados a moedas criptográficas.

O instrumento aloca 20% à MicroStrategy, a empresa de análise de dados com 91.064 BTC em seu balanço. Também fornece exposição direta à Square (18%) e Riot Blockchain (15%), duas empresas com exposição significativa à Bitcoin Circuit. Nvidia Corporation e PayPal Holdings respondem por 15% da cesta.

A Advanced Micro Devices, Taiwan Semiconductor Company, Intercontinental Exchange, CME Group, Overstock.com e Silvergate Capital também estão incluídas na cesta.

O prospecto declara:

“Os pesos das Ações de Referência foram determinados com base em parte na exposição ao Bitcoin, correlação com o Bitcoin e liquidez”.

De moedas criptográficas de alta velocidade

JPMorgan diz que os pagamentos se baseiam na forma como a cesta de empresas se desempenha. O investimento mínimo é de $1.000 com uma data de maturação de maio de 2022.

O novo produto representa uma das muitas maneiras que os investidores institucionais podem ter acesso ao mercado de moedas criptográficas de alta velocidade. Wall Street já está migrando para as moedas digitais, o que explica em grande parte o forte suporte de preço subjacente à Bitcoin. De acordo com a TradingView, a principal moeda digital negociada na terça-feira chegou a 54.888 dólares.

Se o recém-lançado fundo de troca Bitcoin, recentemente lançado, é qualquer coisa a ser feita, os investidores tradicionais têm um forte apetite por ativos digitais. O ETF canadense viu um volume de quase US$ 100 milhões durante sua estréia no início deste mês, colocando-o no caminho certo para superar US$ 1 bilhão em ativos após a primeira semana.

Bitcoin osiąga poziom 51 tysięcy dolarów, gdy krótkoterminowa sytuacja byka umacnia się w obliczu słabnącego dolara

Bitcoin rośnie powyżej 51 000 USD, gdy dolar stagnuje, co wskazuje na krótkoterminowy szczyt.

Indeks dolara amerykańskiego (DXY) wykazuje oznaki krótkoterminowego szczytu, ponieważ cena Bitcoina ( BTC ) pokazuje sygnały krótkoterminowego wzrostu.

Istnieje narracja, że ​​cena Bitcoina często zbiega się ze spadkiem wartości dolara.

Ponieważ zasoby wartości, takie jak złoto i Bitcoin, są wyceniane w stosunku do dolara, teoretycznie trend spadkowy w DXY prawdopodobnie miałby pozytywny wpływ na cenę BTC.

Bitcoin ponownie odzyskuje 50 000 $

Gdy dolar zaczął się konsolidować, 3 marca Bitcoin przekroczył poziom 50000 USD, co pozwoliło mu ponownie przetestować poziom oporu 51,600 USD.

Powyżej 51 600 $ opór jest niewielki aż do 56 000 $. Dlatego przekroczenie tego poziomu ma kluczowe znaczenie dla zapewnienia dynamiki wzrostu w krótkim okresie.

Bitcoin Jack , pół-pseudonimowy handlowiec, który przewidział spadek wartości 3600 USD w marcu 2020 r., Powiedział:

„Biorąc pod uwagę, że jest bardzo prawdopodobne, że pakiet stymulacyjny w wysokości 1,9 tys. USD zostanie zatwierdzony w ciągu najbliższych 2 tygodni, przypuszczam, że dolar rośnie w tym miejscu. Może się mylić, ale struktura również wygląda bardzo podobnie do poprzedniej konsolidacji”.

Jeśli Bitcoin będzie nadal rosnąć w miarę stagnacji dolara, może to pozwolić BTC na jednoczesne korzystanie z dwóch czynników makro.

Po pierwsze, spadek wartości dolara w naturalny sposób przynosi korzyści Bitcoinowi. Po drugie, zbliżający się bodziec w wysokości 1,9 bln USD może posłużyć jako katalizator dla szerszego wzrostu kursu BTC, osłabiając jednocześnie wartość dolara.

Bitcoin prawdopodobnie stracił w zeszłym tygodniu z powodu chwiejnego klimatu makro, gdy dolar zaczął rosnąć, a rentowności obligacji wzrosły do ​​rocznego maksimum .

Gdyby warunki makroekonomiczne były głównym katalizatorem spadku koniunktury Bitcoina, teraz, gdy rentowności obligacji spadają, może to osłabić dynamikę BTC w nadchodzących tygodniach.

Czy 42,9 tys.USD było lokalnym dnem?

Według Johna Cho, dyrektora globalnej ekspansji w Ground X, 42.900 USD było najprawdopodobniej lokalnym dnem dla Bitcoina w dającej się przewidzieć przyszłości.

Cho wcześniej przewidział krótkoterminowy spadek kursu Bitcoina, spodziewając się spadku do około 40 000 do 41 000 USD. BTC nie spadł tak nisko, ale spadł do poziomu poniżej 43 000 USD, prawie kończąc spadek o 30% w stosunku do lokalnego maksimum. Cho powiedział :

„Na razie 42,9 tys. Wydaje się być najniższym (lokalnym). Tak czy inaczej, cieszę się, że byki odzyskały kontrolę”.

Es casi irresponsable que las empresas no compren Bitcoin

Es casi irresponsable que las empresas no compren Bitcoin: Jim Cramer de CNBC

Tras la compra de 1.500 millones de dólares en BTC por parte de Tesla y la creciente posición de 3.200 millones de dólares de MicroStrategy, el presentador de “Mad Money” dice que más empresas deben subirse al carro.

El director general de MicroStrategy, Michael Saylor, predijo recientemente que habrá una “avalancha de empresas” que añadirán Bitcoin

a sus balances, y el anuncio de Tesla ayer de una compra de 1.500 millones de dólares dio credibilidad a esa idea. Ahora, Jim Cramer, de la CNBC, sugiere que sería una mala idea que las empresas no se Ethereum Code subieran también al carro del Bitcoin.

Cramer, el presentador del programa “Mad Money” de la cadena y fundador de TheStreet.com, apareció esta mañana en el programa “Squawk Box” de la CNBC para compartir su opinión sobre la compra de Bitcoin por parte de las empresas como activo de reserva en lugar de mantener la moneda fiduciaria.

Precio de BTC

“En cuanto a una forma de tener un pastiche de cosas con las que deberías hacer tu efectivo, estoy a favor. Creo que es casi irresponsable no incluirlo”, dijo. “Todos los tesoreros deberían ir a sus consejos de administración y decir: ‘¿Deberíamos poner una pequeña parte de nuestro efectivo en Bitcoin?’ Parece una forma interesante de protegerse del resto del entorno. Es una] buena cobertura contra la moneda fiduciaria”.

“Todos los tesoreros deberían ir a los consejos de administración y decir si deberíamos poner una pequeña parte de nuestro efectivo en #bitcoin”, dice @JimCramer. “Buena cobertura contra la moneda fiduciaria”. #btc pic.twitter.com/S65wbNzCxp

– Squawk Box (@SquawkCNBC) 9 de febrero de 2021

Cramer matizó su consejo, diciendo que no cree que “las empresas deban invertir a lo grande” en Bitcoin y que sólo debe ser una “pieza del rompecabezas.” Se calificó a sí mismo como más “tradicional” en cuanto a opciones de cobertura, como la compra de oro o la venta de calls contra acciones, pero aún así aconsejó que Bitcoin debería ser parte de una mezcla de activos para las empresas.

“Resulta que creo que el Bitcoin es emocionante. Es algo de lo que podemos hablar sin parar. Hay promotores del mismo; no parece que haya muchos vendedores. Vamos a escuchar a PayPal en una reunión de analistas que se celebrará próximamente sobre cómo ha empezado a ser la corriente principal”, dijo. “Sólo creo que, al final, hay que tener algún tipo de cobertura en él, porque si lo tomas y baja, creo que vas a terminar diciendo: “¿Por qué usé Bitcoin cuando en realidad podría hacer transacciones en dólares?”.

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Junto con Decrypt

La compra de Bitcoin por parte de Tesla, por valor de 1.500 millones de dólares, provocó ayer un salto de casi el 20% en el precio de Bitcoin, estableciendo un nuevo máximo histórico por encima de los 48.000 dólares durante la noche. La firma de inteligencia empresarial MicroStrategy fue el primer ejemplo notable de una empresa que invirtió grandes cantidades de dinero en Bitcoin como activo de reserva, comenzando con una compra inicial de 250 millones de dólares en agosto de 2020.

MicroStrategy ha continuado añadiendo a esa cuenta desde entonces, gastando 1.145 millones de dólares en total en 71.079 BTC, que ahora vale aproximadamente 3.320 millones de dólares en el momento de escribir este artículo. El precio de las acciones de la empresa también se ha multiplicado varias veces desde la compra inicial de BTC.

Con una de las empresas más valiosas del mundo siguiendo el ejemplo de Tesla, Cramer está de acuerdo con la idea de que más y más empresas se unan a la fiesta. Y el propio Cramer tiene Bitcoin, como ya explicó en diciembre. Hoy ha reafirmado esa posición durante su aparición en la CNBC.

El presentador de “Mad Money” de la CNBC explica por qué invirtió en Bitcoin

“Poseo Bitcoin. Hace tiempo que tengo Bitcoin como alternativa. Siempre solía decir que poseía algo de oro y algo de efectivo. Ahora digo que poseo algo de efectivo, poseo algo de oro y poseo algo de Bitcoin”, dijo esta mañana. “Es una alternativa a una posición en efectivo en la que no ganas absolutamente nada”.

Alleged Bitcoin creator Craig Wright

Alleged Bitcoin creator Craig Wright: crypto fund gives update on lawsuit

A crypto fund says: “All evidence points to Craig Wright being the creator of Bitcoin. The is in turn suing payments giant Square and other influential Bitcoin and Bitcoin Cash companies.
BSV fund backs Wright

In a document, crypto fund Unbounded Capital has shared details of the ongoing legal battle Crypto Wealth between alleged Bitcoin creator Craig Wright and various Bitcoin-related companies.

The firm invests exclusively in companies and products related to Bitcoin Satoshi Vision (BSV), the Bitcoin fork represented by Wright and billionaire businessman Calvin Ayre. It is run by Zach Resnick and is a vocal supporter of BSV – he refers to it as Bitcoin instead of Bitcoin “Satoshi Vision” on his website.

Wright has sued Bitcoin.com, Bitcoin.org and BitcoinCore.org for illegally hosting the Bitcoin whitepaper on their sites – claiming that it is his property and that this both infringes copyright and “passes off” BTC and BCH as the real Bitcoin (Go to Buy Bitcoin at eToro guide).

Unbounded says it is “not surprised” by the development. “We believe CSW is the inventor of Bitcoin and rightfully holds the copyright to the Bitcoin whitepaper as well as other Bitcoin-related IP.”

“As such, we expected that CSW would continue to pursue all legal avenues to defend its name and invention,” the crypto fund said.

The fund supports Wright’s lawsuit, according to which forks of Bitcoin, such as BTC and BCH, seek to exploit the value of the Bitcoin name “despite having deviated from Bitcoin technology as envisioned by CSW in the whitepaper, while denigrating the only version of Bitcoin that still implements that original vision today as BSV.”

The Bitcoin battle

The legal notices told the parties they had two weeks to comply. The deadline for the three to respond was February 3, at 11am EST, while Square, the payments giant, had until February 4 at 11am EST.

Since they have not yet responded, the penalty is as follows:

“If you fail to do so (comply by the specified date), we are directed to commence proceedings without further notice seeking injunctive relief and appropriate monetary compensation for your infringement of the copyright in the White Paper.”

This includes additional damages payable as the infringements are deemed “willful and brazen”, costs, and the posting of appropriate notices on your website and advertisements about the outcome of the action.

Meanwhile, Unbounded clarifies that Wright’s lawsuit does not seek to remove the Bitcoin white paper from the open internet.

Investeringsbanken Morgan Stanley upplever Bitcoin med ökad andel i MicroStrategy

2020 kan komma ihåg som året för institutionell antagande av Bitcoin eftersom vissa stora branschledare har köpt sig in på kryptovalutamarknaden. Dessa institutioner och stora aktörer har varit den främsta faktorn som driver den nuvarande Bull Run. Trenden kan ytterligare bekräftas med det senaste förvärvet av den amerikanska multinationella investeringsbanken Morgan Stanley.

Nya rapporter har visat att bankjättens investeringshanteringsarm har ökat sin andel i Bitcoin-älskande företagsunderrättelsesföretag Micro Strategy Inc. till mer än 10% i slutet av 2020.

Enligt en ansökan gjord hos US Securities and Exchange Commission äger Morgan Stanley 792 627 aktier i MicroStrategy, vilket pressar sin andel i företaget till 10,9%. Flytten är ännu en antydan till bankernas växande intresse när det gäller digitala tillgångar. Flytten är en ökning av Morgan Stanleys andel med nästan 650 000 aktier sedan slutet av tredje kvartalet.

Som ett resultat av denna flyttning har MicroStrategys aktier ökat och är mer än 300% sedan företaget först investerade i Bitcoin i augusti 2020. Företaget var en relativt lite känd verksamhet före Bitcoin-flytten och nu aktierna ökade från 123,80 $ till 539,57 $.

MicroStrategys aktier spårar i stor utsträckning priset på bitcoin, vilket är upp med mer än 40% i år efter en 300% vinst 2020. Därför är det uppenbart att MicroStrategy ser sin senaste investering som ett sätt att dra nytta av bitcoins historiska körning utan att direkt investera i kryptovalutan.

MicroStrategys VD Michael Saylor har varit en uttalad Bitcoin-förespråkare och har investerat mer av företagets medel i flaggskeppskryptovalutan. Bara förra månaden bekräftade företaget ytterligare ett $ 650 miljoner Bitcoin-köp som drev sin totala investering över 1 miljard dollar. Vid tidpunkten för publiceringen äger företaget totalt 70 470 Bitcoin i sina reservreserver.

Saylor har också uppmuntrat andra spelare på marknaden att gå in i Bitcoin. Nyligen ropade han, nu världens rikaste man Elon Musk, för att göra ett liknande drag med Teslas pengar förra månaden. Han twittrade:

”Om du vill göra dina aktieägare en tjänst på 100 miljarder dollar, konvertera $ TSLA-balansräkningen från USD till #BTC. Andra företag på S&P 500 skulle följa din ledning och med tiden skulle det växa till att bli en biljon dollarfavor. ”

Inte bara MicroStrategy

MicroStrategy är inte den enda institution som drar nytta av kryptovalutamarknaden. Grayscale Investments, världens största företag inom digital kapitalförvaltning, har haft ett massivt år när det gäller tillväxten i värdet av dess olika kryptovalutafonder.

Företaget har sett flera rekordhöga kvartal 2020 och dess nuvarande förvaltningstillgångar (AUM) har ökat från 15,7 miljarder dollar i december till 27,4 miljarder dollar den 7 januari.

Exclusive: Address with 1564 Bitcoins of Unick Forex is target of dusting attack on the first day of 2021

Address containing 1564 Bitcoins of Unick Forex and which were seized by Federal Police were attacked on the first day of 2021

The year 2021 started with Bitcoin trading above US$ 29 thousand and testing the levels in search of surpassing the US$ 30 thousand mark.

But, besides the price, a fortune in Bitcoins linked to one of the biggest blows in the history of Brazil, Unick Forex, is being attacked this January 1st.

From the Telegram messages of Leidimar Lopes sent to Cointelegraph our team was able to identify a possible address to which more than 1564 Bitcoins, from Unick Forex, would have been sent.

The address – bc1q0q6rshyllhwj6r9808meqcjl44c9rj7y7jzf62 – is in BC1 format, that is, in bech32 format with segwit activated and is being targeted by a Dusting Attack since several transactions with values of 547 satoshis are being sent from addresses that are no longer associated with a private key.

Who are the Unick Forex Bitcoins with?

The supposed address containing the Unick Forex Bitcoins and the dusting attack they are receiving generate important questions about the Federal Police investigation and the result of the Lamanai deal.

In the messages that the Cointelegraph had access on September 4th, 2019 “Rudimar Fernandes” which is a pseudonym of Leidimar Lopes, sends an address to another member of the supposed Unick scheme, “Israel Agência”, which would be the Unick’s communication and technology director, Israel Nogueira e Souza.

Nogueira e Souza is accused of acting in the development of systems for the operationalization of the company’s activities. He would assist in opening a company for the alleged criminal organization in Los Angeles (USA) and bank accounts for the supposed receipt of funds from investments.

In the conversation, Leidimar passes an address to Israel and requests the sending of the Bitcoins and, for that, provides the credentials for the access to wallet (probably at Bitgo)

The address informed by Leidimar – 3GxPSHrE55SXfbfCReg7bcH9gL7RKSeJ1a – would have received 824. 25104100 Bitcoins that, in turn, were moved to other addresses, such as – 3Q4Fi8VWeAAzmVAe1T88PXH7bDvXF8b3if – leaving a balance of more than 444 Bitcoins that were moved to the address – bc1q0q6rshyllhwj6r9808meqcjl44c9rj7y7jzf62 – on September 17th, exhausted on the day that the Lamanai Operation was performed.

So, everything indicates that the address that today contains the more than 1500 Bitcoins of Unick Forex was created two days before the Lamanai Deal, by the Federal Police on September 15 since that day the address received 0.00050000 Bitcoins from an exchange – 1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s.

In the sequence, the address starts to receive transactions again only on September 17th, starting at 9am. The Lamanai Transaction that culminated with the arrest of 13 Unick Forex leaders, among them Leidimar and Israel occurred on the same day 17th and started around 6am.

So, in the press conference of that day, PF had informed that it had seized around 1500 Bitcoins, besides money, jewelry, real estate, luxury cars and other Unick Forex items.
Hackers or Leidimar Lopes himself

To Bitcoin Expert and Chief Scientist & Disruption of BRQ Digital Solutions. Courtnay Guimarães, it’s hard to say who’s trying to ‘attack’ Unick Forex Bitcoins.

“I believe but I have no proof or information, so it’s just guesswork, that the Brazilian Federal Police know very well how to generate a dusting attack and how to prevent them. They are very well educated, not only them, but the FBI and other organizations around the world know very well how Bitcoin works technically, but it is hard to say that it is trying to attack, and if there is even an attempt to attack, the Bitcoins at this address”.

Guimarães raises that, in case the transactions involve a dusting attack, they may have originated from a ‘random’ hacker who searches for addresses with large amounts of Bitcoin like Leidimar Lopes himself.

The specialist points out that a dusting attack to the address is taking place not only on the 1st of this year, but on August 16th of last year and then for other times throughout the previous year.

It may be Leidimar himself who hired someone trying to find out if there was any movement in his wallet and trying, in some way, to recover ‘his’ Bitcoins, but we will probably never know who the real author is, if a hacker, if someone from Unick or if it is you who discovered the address”.

Leidimar, who was arrested on September 17, 2019, was placed under house arrest on April 2, 2020 with an electronic anklet, but between May and July the anklet was released due to technical problems.

Le sénateur “Bitcoin Lovin” engage “Crypto Cowboy” comme directeur de la politique du Wyoming

Cynthia Lummis et Tyler Lindholm apportent Bitcoin à Washington.

En bref

Le “Crypto Cowboy” Tyler Lindholm rejoint les cadres supérieurs de Cynthia Lummis.
Lummis vient de gagner un siège au Sénat américain, la première femme du Wyoming à le faire.
Lummis et Lindholm sont tous deux de grands fans de Bitcoin.

Cynthia Lummis, la nouvelle sénatrice républicaine qui apportera Bitcoinau Congrès américain, a engagé Tyler Lindholm, le “Crypto Cowboy” du Wyoming, comme directeur de la politique de l’État du Wyoming.

Lindholm, qui est également chef des opérations d’élevage chez BeefChain, une entreprise d’approvisionnement de la chaîne alimentaire qui promet de la “viande bovine et ovine vérifiée en bloc”, commencera son nouveau travail le 3 janvier 2021, un peu moins de deux semaines avant l’inauguration du président élu Joe Biden.

M. Lindholm, ancien représentant de l’État du Wyoming et coprésident de la “Wyoming Blockchain Task Force”, a adopté plusieurs textes de loi favorables à la cryptographie afin d’encourager les entreprises de cryptographie à s’installer dans l’État, notamment la loi sur les jetons de service et le projet de loi sur les actifs numériques.

Cette législation a aidé l’État à attirer les grandes chaînes de magasins

d’affaires. Kraken Financial, la branche bancaire de la bourse de cryptage Kraken, a obtenu une licence du Wyoming pour créer la première banque de cryptage du pays. IOHK, les créateurs de Cardano, ont ouvert un laboratoire de chaînes de blocs à l’université du Wyoming.

Lindholm fonctionnera sous les auspices de Lummis, la première femme sénateur du Wyoming. Lummis est un grand fan de Bitcoin et le considère comme une grande “réserve de valeur”. Elle a investi pour la première fois dans la crypto en 2013, lorsque Bitcoin valait un peu plus de 300 dollars.

Lummis, originaire du Wyoming et ancienne élève de l’université de l’état, a déclaré au podcasteur Peter McCormack dans un podcast publié aujourd’hui et enregistré le 1er décembre, “Je veux vraiment utiliser mon temps au Sénat américain, en partie, pour aider à introduire le sujet des bitcoins, en augmentant la compréhension au Sénat sur les bitcoins”.

“Ce qu’il est, ce qu’il fait, comment il peut être un atout qui peut croître et se développer en tant que complément, ou essentiellement en parallèle, de la monnaie fiduciaire”.

Le bitcoin, a déclaré le sénateur conservateur, ressemble à une idée américaine. Dans sa campagne pour le poste de sénateur, Mme Lummis a fait pression en faveur d’une politique “America First”.

“Le bitcoin peut fonctionner parallèlement à une monnaie fiduciaire et à une réserve de valeur complémentaire ; en fait, une meilleure réserve de valeur qu’une monnaie fiduciaire”, a-t-elle déclaré à M. McCormack.

Rencontre avec le législateur du Wyoming qui s’est engagé à mettre en place une chaîne de magasins dans l’État des cow-boys

Il aime le bœuf. Il aime les chaînes de blocs. Il est le copropriétaire de BeefChain. Tyler Lindholm est le cow-boy de la chaîne de bétail du Wyoming.

Si quoi que ce soit, Bitcoin pourrait faire un travail encore meilleur que l’ingérence de la Fed, a-t-elle reniflé. “Dans le cas de la monnaie américaine, l’inflation est intégrée dans le plan de la Réserve fédérale pour le dollar américain. Il n’est donc pas étonnant que notre pouvoir d’achat soit érodé”, a-t-elle déclaré.

D’autres choses à faire pour Mme Lummis pendant son mandat au Sénat sont la construction d’un mur à la frontière sud des États-Unis, la défense du deuxième amendement et l’arrêt du “programme socialiste”. Son nouveau commandant en chef pourrait ne pas approuver.

OKEx CEO explains recent suspension of withdrawals

The CEO of OKEx spoke about fears surrounding the recent suspension of withdrawals on the platform.

Jay Hao apologized to those affected and thanked the users who continue to support OKEx.

The platform will also update its private key management processes and its rewards system.

Jay Hao recently hosted a question-and-answer session to address user concerns about the suspension of OKEx withdrawals.

In October, problems with one of the private key holders of the OKEx exchange forced the platform to halt withdrawals for about five weeks.

In the recent question-and-answer session, Mr. Hao reiterated his apologies for the stress and uncertainty this sudden suspension has caused. He also detailed updates to the platform’s private key management system, as well as a new rewards program for users.

Jay Hao apologizes to users for suspended withdrawals

Last week, Jay Hao, CEO of OKEx, answered questions from platform users during a question-and-answer session on the exchange’s telegraph channel. During the session, Hao reiterated that users’ property has never been in danger, but apologized for the stress and inconvenience caused by the uncertainty.

As BeInCrypto previously reported, the major exchange halted user withdrawals on October 16. The latter’s holdings remained frozen on the platform until it resumed withdrawals on November 26.

OKEx explained in a previous blog post that one of the platform’s private key holders assisted Chinese authorities in an investigation. The exchange had apparently not considered such incidents as part of its contingency plan.

During the question and answer session, Mr. Hao noted that trading activity naturally declined on the exchange during the five-week suspension. As soon as withdrawals resumed, many users immediately withdrew funds from the exchange:

Despite the clear signs of loss of user confidence, Hao praised the “supportive and loyal” customers who conveyed messages of support.

He also touched on the growing maturity of the wider cryptocurrency market – apparently evidenced by the excellent performance of BTC during this period.

New rewards for users

In order to avoid possible future incidents that would prevent users from accessing their funds, the exchange reportedly updated some of its internal processes. Among these modifications, we find in particular the way in which it generates and saves the private keys as well as the backup of its main private keys.

Mr. Hao also commented on the reports regarding OKEx’s on-chain cash outflows prior to service resumption. He claimed that wallets identified as belonging to the exchange were mislabeled, which led to incorrect reporting of funds leaving the platform.

Ticket sales via block chain: Ajax Amsterdam has new partners

Ajax Amsterdam appoints SecuTix and TIXnGO as new technology partners and will in future rely on Blockchain for ticket sales.

The sale of tickets on the black market has always been a thorn in the side of the organisers. In the meantime, a procedure has been implemented using block chain technology to prevent such activities. Also the illegal forgery of tickets has become virtually impossible thanks to Blockchain. One of the major events that will rely on block chain ticketing is the European Football Championship 2020, which, as we all know, has now been postponed by one year to 2021. Before that, there had already been a successful test of ticket sales by the Dutch Football Association.

In this context, a report by the Dutch football club Ajax Amsterdam fits the bill. The club has appointed the cloud-based ticket solution SecuTix and its brand TIXnGO, the secure mobile ticket exchange, as new technology partners of the club. Under the agreement, Ajax will also become a development partner for the SecuTix 360° SaaS ticketing platform and will work on new features specifically for the sports sector.

The Dutch professional football club already started selling tickets via TIXnGO in summer 2020. In a series of pilot events a limited number of local fans were let back into the Johan Cruyff Arena. The test was quite promising. As a result, 10,000 fans were able to purchase their tickets at the match on 20 September using the mobile TIXnGO ticket exchange.

Use of the Blockchain also in the health sector
TIXnGO has already been used for ticket sales at other sports events. For example in England, where in January this year the Lancashire County Cricket Club announced a use of the Blockchain app. This will allow fans to purchase mobile phone tickets for all national and international matches in 2020 on his home ground Emirates Old Trafford. The club successfully tested the platform in the 2019 season.

While sports and other organisers worldwide suffer from the ongoing COVID-19 pandemic, TIXnGO has recognised the potential of the Blockchain for the health care sector. Health n Go was launched in May 2020. This is an app for mobile health certificates that enables the identification of persons who have become immune through digital certificates. Instead of storing the sensitive test results in a block chain, they are encrypted and stored on the user’s smartphone. The block chain is only used to verify the results.

The results of the Health n Go test phase were carried out together with the Swiss laboratory network Medisupport and the railway equipment supplier Mitisa. According to media reports, the first test phase was recently concluded with apparently encouraging results.

Translated with www.DeepL.com/Translator (free version)

On-chain data shows: Bitcoin sees capital inflows at a record-breaking pace

Bitcoin has exploded higher and higher in the past few weeks.

In the last five weeks alone, the coin has risen by around 50%

According to Willy Woo, the capital is pouring into the Bitcoin market almost at record speed.

In particular, Woo points out the realized price metric, which depicts the estimated cost base of the average Bitcoin investor.

Bitcoin has exploded higher in the past few weeks. In the past five weeks alone, the leading cryptocurrency has gained 50% against the US dollar, essentially outperforming all other assets.

Bitcoin is currently trading for $ 16,200 (buy Bitcoin now? Click here for instructions!) – well above the September lows of $ 9,800, but slightly below the local highs of $ 16,500.

According to Willy Woo, the capital is pouring into the Bitcoin market at almost record speed. The prominent on-chain analyst comments that, according to his data, there is clearly an inflow of capital into the Bitcoin market that is driving prices up.

He points to the realized price metric, which tracks the estimated average cost base that Bitcoin investors have paid. Referring to the chart below, he writes:

“The realized price estimates the average price that the market paid for BTC. It is now at the steepest rise in this cycle, meaning that the inflow of capital into #Bitcoin has reached its highest rate since the last bull market. (Higher than last year’s $ 4k- $ 14k move; current move is more organic). For the sake of this comment, I’ll define “organic”. Organic price movements occur when BTC price is closely related to investors’ capital that enters and exits the market. If it is an inorganic BTC price, it will be dominated by short-term derivatives traders. ”

Far from the only good sign

The growing strength in the realized Bitcoin price isn’t the only good sign the analyst has seen recently. He also notes that the ongoing rally appears to have been catalyzed by large investors – suggesting that this rally is being influenced by institutional money:

“Who bought this rally? It’s smart money … high net worth individuals. You can see the average transaction value between investors making a big leap up. The OTC desks see that too. Bitcoin is still in the stealth phase of its bull run. “

Notably, Woo recently stated that Bitcoin’s recent price action could be viewed as bearish from a technical perspective, suggesting bearish RSI divergence and other unfortunate signs.

However, Woo has limited this point and emphasized that what really counts is the on-chain functionalities – and they remain bullish for the cryptocurrency.