Archive by category "Bitcoin"

La rottura della bandiera toro fissa un obiettivo di 55.000 dollari per il prezzo del Bitcoin

  • 4. März 2021 at 13:48

I tori del Bitcoin stanno cercando di eliminare un livello chiave di resistenza superiore per creare un percorso verso i 55.000 dollari.

Il prezzo del Bitcoin (BTC) ha tagliato il livello di resistenza di $50.000 durante le prime ore di trading del 3 marzo, quando i tori hanno trovato il loro slancio e la maggior parte delle altcoin si è unita al rally nel corso della giornata.

I dati di Cointelegraph Markets e TradingView mostrano che il prezzo del Bitcoin era scambiato a 48.500 dollari nelle prime ore del 3 marzo prima di salire dell’8,6% ad un massimo intraday di 52.631 dollari. Attualmente, il prezzo del BTC è scambiato leggermente al di sotto dei 51.000 dollari, e mentre 50.000 dollari possono essere diventati un supporto morbido, una chiusura giornaliera sopra il 23,6% di ritracciamento Fibonacci (52.000 dollari) è necessaria per confermare che un’inversione rialzista ha avuto luogo.

L’analisi on-chain di CryptoQuant indica che le balene del Bitcoin Storm hanno comprato costantemente i buchi sotto i 50.000 dollari e secondo il CEO di CryptoQuant Ki Young Ju, l’acquisto istituzionale sta avvenendo al supporto di 48.000 dollari, come si vede dalla linea arancione evidenziata sul grafico sopra.

L’adozione mainstream di Bitcoin continua ad avvenire in Canada, dato che Ninepoint Partners ha annunciato che prevede di cambiare la sua offerta fiduciaria di Bitcoin in un fondo scambiato in borsa a Toronto, nel tentativo di aumentare la liquidità di trading e fornire un miglior prezzo di scambio.

L’aumento dei rendimenti mette sotto pressione i mercati tradizionali

L’impennata del Bitcoin sopra i 50.000 dollari e la crescente integrazione nei mercati finanziari tradizionali ha spinto alcuni analisti a speculare su quando si verificherà un nuovo massimo storico. Per il momento, i fattori macroeconomici ribassisti stanno pesando sui mercati globali e questo potrebbe smorzare la crescita nel breve termine.

L’S&P 500, il Dow e il NASDAQ hanno affrontato la pressione di vendita per tutta la giornata di trading e hanno chiuso in calo dell’1,31%, dello 0,39% e del 2,7% dopo che un picco nel rendimento del Tesoro americano a 10 anni ha rinnovato le preoccupazioni sulla salute degli Stati Uniti e dei mercati globali.

Secondo Chad Steinglass, Head of Trading di CrossTower, l’azione del mercato di mercoledì è una „rivisitazione del selloff basato sui tassi“ del 25 febbraio, con le azioni tecnologiche e i fondi ARK che affrontano una maggiore pressione.

Steinglass ha detto che i venti contrari affrontati dal BTC all’apertura del mercato statunitense sono il risultato di „essere trascinato verso il basso dal GBTC mentre lo sconto GBTC è tornato a circa il 4,5%“. Nonostante queste sfide, Steinglass vede i recenti commenti favorevoli al Bitcoin da parte di Citigroup e Fidelity come un forte sostegno alla narrativa di una crescente adozione istituzionale.

Steinglass ha detto:

Il fatto che Bitcoin continui a mostrare forza anche con GBTC che agisce come una banda di resistenza che lo trattiene è molto incoraggiante e mi mostra che la storia complessiva, quella dell’accelerazione dell’adozione, è ancora intatta“.

Le piccole e grandi capitali altcoin si muovono più in alto

Il pop di Bitcoin sopra i 50.000 dollari ha anche contribuito ad accendere un rally nelle altcoin, dato che la maggior parte delle 100 monete principali si sono mosse più in alto mercoledì.

Ether (ETH) ha guadagnato l’8% per fissare un massimo intraday a 1.610 dollari, mentre Cosmos (ATOM) ha guadagnato il 15,7% per un massimo giornaliero a 21,18 dollari.

Enjin Coin (ENJ) è stata la breakout star della giornata, con un’impennata di oltre il 50% per raggiungere un nuovo massimo storico a 1,32 dollari. Il forte rally a due cifre sembra essere il risultato della crescente popolarità degli NFT e della transizione di Enjin nel crescente mercato degli NFT.

Il market cap complessivo delle criptovalute ora è di 1,55 trilioni di dollari e il tasso di predominio del Bitcoin è del 61%.

“I’m getting cautious”: Bitcoin critical at $ 40,000 – what are analysts predicting now?

  • 8. Januar 2021 at 11:16

Bitcoin posted its first negative open after rising for three days in a row, climbing to an all-time high above $ 40,000.

The world’s leading cryptocurrency fell as much as 7.45 percent during Monday’s Asian session, hitting an intraday low of $ 36,565 before containing its losses ahead of the European trading hours

The change in sentiment was thanks to speculative traders looking for short-term profits close to $ 40,000.

Meanwhile, given the recent surge in government bond yields, global investors are also betting on reflation trades. The return on the 10-year benchmark Treasury note rose above 1.09 percent for the first time since March.

Inflation expectations typically favor Bitcoin’s bullish outlook (To Buy Bitcoin on eToro Guide), but the market appeared to have allocated its capital elsewhere as the cryptocurrency became too risky to buy near its overbought levels.

For example, US benchmark crude oil prices for West Texas Intermediate rose to over $ 51 a barrel on Wednesday after Saudi Arabia decided to cut production over the next two months. The surge also indicated the economic outlook was stabilizing as investors compared the rising number of coronavirus infections to vaccine distributions.

But does that mean that the demand for safe havens like 1k Daily Profit review will decline in the coming period? Obviously not.

Investors may have to jump back into the cryptocurrency market as U.S. President Donald Trump agrees to hand over control to his successor Joe Biden. That coincides with a clear Democratic victory over the two seats in the recent Georgia runoff.

Thanks to that, the Democrats now control Congress. That paves the way for the Biden administration to pass the additional fiscal incentives, starting with a direct $ 2,000 check for Americans grappling with the economic fallout from the coronavirus pandemic.

Many strategists, including those at JPMorgan & Chase, see Bitcoin price close above $ 100,000 amid aggressive government spending.

„I expect Bitcoin and tech stocks to double again in the next 6-9 months,“ explains Immad Akhund, CEO / co-founder of Mercury in San Francisco.

And:

„It is clear that we are in an asset bubble fueled by fiscal stimulus, low interest rates and, ironically, higher disposable income in the pandemic.“

His conclusion:

„It probably won’t end well, but enjoy the ride on the way up.“

Can we expect a Bitcoin correction?

Further warnings came from analysts relying on technical indicators. One of them – a pseudonym – sees Bitcoin in a rising wedge channel, which typically signals a bullish-to-bearish switch after a strong pullback. Ultimately, it pushes the price as low as the maximum height between the upper and lower boundaries of the channel.

„We had a fake-out, an M-pattern and a breakdown,“ said the analyst. „I’ll be cautious unless Bitcoin breaks its all-time high again.“

Le rallye Ethereum ne parvient pas à susciter l’intérêt des Chinois alors que Bitcoin Hogs est sous les feux de la rampe

  • 8. Januar 2021 at 8:00

Les prix de l’éthanol de course (ETH) n’ont apparemment pas réussi à impressionner les utilisateurs de crypto chinois, l’intérêt pour le jeton – ainsi que pour la technologie de la chaîne de blocs – étant resté pratiquement inchangé malgré les récents rallyes records d’altcoin.

Les données de WeChat, partagées sur Twitter par le co-fondateur de Primitive Crypto, Dovey Wan, ont montré qu’alors que l’intérêt pour le bitcoin (BTC) a augmenté lorsque le jeton a franchi le seuil des 20 000 USD puis des 30 000 USD, l’intérêt pour l’ETH et la chaîne de blocs a à peine fluctué – même lorsque l’ETH affichait des gains de plus de 100 %.

Les données de Google Trends sur les recherches liées à la CTB et à l’ETH en provenance de Chine semblent confirmer cette tendance, l’activité de la CTB ayant atteint des niveaux très élevés, tandis que l’ETH est restée plus ou moins stable.

Cependant, ces tendances sont peut-être plus révélatrices de la manière dont les informations liées à la cryptographie sont rapportées en Chine qu’autre chose.

Les articles de blog et les vidéos sur les bitcoins sont devenus un sujet populaire pour la célébrité de l’Internet et professeur de collège Li Yongle, contribuant à renforcer le profil du jeton encore plus dans la nation – bien que Li affirme qu’il ne possède aucune cryptographie.

Sur les moteurs de recherche comme Baidu, le bitcoin a dominé l’actualité ces derniers temps, et à l’heure où nous écrivons ces lignes, les dernières escapades de prix du jeton restent en première page de la section „Actualités“.

L’article en question du journal The Paper se concentre entièrement sur BTC, et la seule référence à un altcoin vient dans un bref paragraphe sur les récents malheurs réglementaires de Ripple liés au XRP… et comment ils ont eu un impact sur les prix de BTC.

Généralement, si les altcoins sont mentionnés dans les rapports chinois, ils ne sont généralement qu’une simple postface.

Toujours sur Baidu, les termes de recherche liés aux chaînes de blocs sont restés populaires ces derniers mois, en particulier dans les catégories de l’éducation et de l’apprentissage, où les demandeurs d’emploi cherchent des informations sur la meilleure façon de devenir un développeur de chaînes de blocs ou un spécialiste connexe. Trois termes de recherche liés à l’emploi ou à l’apprentissage se sont régulièrement classés parmi les 20 premiers tout au long de l’année 2020.

En outre, on estime généralement que les acheteurs chinois sont relativement actifs sur le marché des altcoins.

Quoi qu’il en soit, le message officiel de Pékin semble être resté le même : ne vous approchez pas de la CTB et autres, la chaîne de magasins est la bonne voie.

Dans un récent article du Quotidien du peuple, propriété de l’État, les journalistes ont averti que la CTB est un „actif à haut risque, pas un refuge“, avec des exemples colorés d’investisseurs qui ont perdu leurs économies sur des investissements cryptographiques.

Au moment de la rédaction de cet article (09:20 UTC), l’ETH se négocie à 1 035 USD et est en hausse de 3 % en un jour et de 45 % en une semaine. Le prix a augmenté de 74 % en un mois et de 642 % en un an.

Dans le même temps, BTC a baissé de plus de 1 % en un jour, se négociant à 31 436 USD, et réduisant ses gains hebdomadaires à moins de 19 %. Elle a fait un bond de 64 % en un mois et de 316 % en un an.

Grayscale continúa con su acumulación de Bitcoin

  • 25. Dezember 2020 at 17:17

Bitcoin sigue siendo un activo digital con una gran demanda en el mercado y el comercio minorista y las instituciones están en una carrera por tener en sus manos la mayor cantidad posible de BTC. Desde el punto de vista institucional, Grayscale ha estado llenando su bolsa de Bitcoin con más y más BTC como muchos otros. Según una actualización reciente, Grayscale ha agregado 12,319 BTC a su Confianza de Bitcoin en escala de grises [GBTC] en el transcurso de un solo día. Según los informes, esta suma fue más que la compra acumulada durante la última semana.

Kevin Rooke tuiteó :

“Malas noticias para los osos de Bitcoin.

Bitcoin Trust de Grayscale acaba de agregar 12,319 BTC a $ GBTC en un solo día.

Eso es más que los 11,512 BTC que agregaron durante toda la semana pasada, cuando Bitcoin rompió su ATH „.

Grayscale ha estado compitiendo activamente con otras instituciones y esto fue visible en sus tenencias de Bitcoin para 2020, que experimentó un aumento de más del 66% a la fecha. Los datos sugieren que la tenencia de Bitcoin de Gryascale ha alcanzado 588.97k BTC, que fue aproximadamente $ 12.78 mil millones en activos bajo administración.

Esta adición viene inmediatamente después de que Microstrategy comprara 30k BTC por $ 650 millones. Según los bonos del Tesoro de Bitcoin, la firma de inteligencia empresarial ahora tiene 70,470 BTC por valor de más de $ 1,596 mil millones en su reserva de tesorería. Según el CEO Micheal Saylor, MicroStrategy gastó $ 1.125 mil millones en bitcoin hasta la fecha, a un precio promedio de $ 15.964 por BTC.

Curiosamente, SkyBridge Capital anunció el lanzamiento de un fondo de Bitcoin para „democratizar“ la inversión en el espacio criptográfico. Ha puesto en marcha el fondo con $ 25 millones y con una suscripción mínima fijada en $ 50,000.

La compra institucional es una señal alcista, el aumento de las salidas de los intercambios también se ha sumado a este impulso alcista. Se espera que el aumento de las salidas terminen en cámaras frigoríficas y esto ha llevado a muchos analistas del mercado a predecir que aún no se ha visto la cima. El jefe de desarrollo comercial de Kraken, Dan Held, comparó los datos con la reducción a la mitad anterior de Bitcoin y predijo que la cima se verá en septiembre de 2021.

Held tuiteó:

El precio de Bitcoin se reduce a la mitad.

¡Bitcoin en camino de alcanzar su punto máximo alrededor de septiembre de 2021!

– Dan Held (@danheld) 22 de diciembre de 2020

A medida que aumenta la inversión y el interés en Bitcoin, la criptomoneda está lejos de perder fuerza. La compra institucional también ha llevado a los comerciantes minoristas a adquirir tantos BTC como sea posible.

Bitcoin peut empêcher les escroqueries liées aux vaccins

  • 19. Dezember 2020 at 20:38

Le vaccin Pfizer / BioNTech a enfin commencé à se répandre aux États-Unis.

Le FBI a émis un avertissement sur les escroqueries vaccinales.

Bitcoin (BTC) est une solution fiable.

Bitcoin peut empêcher les escroqueries liées aux vaccins

Il y a toujours quelqu’un qui essaie de ruiner une bonne chose. Le vaccin Pfizer / BioNTech a enfin commencé à se répandre aux États – Unis , mais il y a déjà des escrocs qui tentent de profiter de la situation.

Les organisations gouvernementales veulent que les gens se méfient des escroqueries sur les vaccins qui disent qu’ils échangeront leur vaccin contre des renseignements personnels. Les entreprises vendent de faux traitements pour Covid-19. Le FBI a déclaré à CNN qu’il recevait des plaintes d’arnaqueurs qui profitaient du vaccin Covid-19 afin de pouvoir obtenir des informations personnelles et de l’argent.

Le FBI fera sa part pour empêcher les escrocs d’exploiter les gens

L’Immigration and Customs Enforcement (ICE) des États-Unis fait tout ce qu’il peut pour empêcher la distribution de faux médicaments Covid-19 .

La Federal Trade Commission (FTC) a envoyé des lettres d’avertissement à plusieurs entreprises faisant des réclamations sans aucun soutien. Le Better Bureau a averti via un communiqué de presse de rester vigilant contre les messages demandant aux gens leurs détails.

Les Américains ont désespérément besoin d’un remède et feront tout ce qu’ils peuvent pour y parvenir. Selon le compteur mondial, les États-Unis ont enregistré 17 164 631 cas de Covid.

Se différencier des escrocs et établir la confiance en payant avec Bitcoin pourrait être la meilleure solution.

Andre Cronje, founder of Yearn Finance is named DeFi “Person of the Year”

  • 17. Dezember 2020 at 21:49

Andre Cronje of Yearn Finance takes first place in DeFi Prime’s DeFi Person of the Year category.

Major DeFi influencers are listed for several accomplishments.

Notable absentees: SBF and Vitalik Buterin

Decentralized finance has been the fuel of the crypto industry this year. From its humble beginnings have emerged a series of new protocols and the personalities who founded them.

DeFi analytics portal, DeFi Prime has compiled a list of the industry’s top personalities and innovators this year. The outlet, however, did not disclose the criteria it used in this list that does not take itself too seriously from nascent financial industry agitators.

The creator of the Yearn Finance yield aggregator, Andre Cronje, stood out not only for his development of such an innovative product, but also;

He is also an incredibly humble and knowledgeable leader who laid the groundwork for creating quality DeFi services together with a global community of engaged stakeholders.

To put the spotlight on these influential creators, here are Defiprime’s 2020 People of the Year, starting with our pick of the most important creator of the year!

Other DeFi contenders

Among the finalists was Chainlink co-founder Sergey Nazarov, whose platform took leaps forward in 2020, becoming the standard solution for oracle-based data and courses.

U niswap founder Hayden Adams made the list to pilot the world’s largest decentralized exchange and put Ethereum back in the limelight. Uniswap at one point had more trading volume than Coinbase and a collateral lock-up of over $ 3 billion at the height of UNI’s farming madness .

Aave co-founder and CEO Stani Kulechov was named as the loan protocol team shipped a high-quality version after a high-quality post since January. The protocol’s AAVE token was also the best performing DeFi asset of 2020 with an increase of around 5,000% since the start of the year.

Robert Leshner of Compound Finance and Synthetix founder Kain Warwick have also emerged for triggering this year’s yield farming madness.

A handful of coders and developers have stepped in, namely “samczsun” who saved a few smart contracts and “banteg”, Yearn’s lead developer.

It is a little doubtful that Uniswap cloner and founder of SushiSwap , „Chef Nomi“, was included in the finalist nominations, given that he let go of his investors by selling his stash. DeFi Prime justifies this by stating;

Because Bitcoin has not reached its historical maximum (yet)

  • 2. Dezember 2020 at 12:26

The price of Bitcoin has reached new highs on several exchanges, but it has not yet reached the historical record of December 2017 at Coinbase.

The price of Bitcoin (BTC) reached $19,873 at Coinbase on November 30th, surpassing $19,000 in a surprising recovery. While many in the cryptomorphic sector are celebrating BTC by reaching an all-time record, it has yet to do so.

At Coinbase, the price of Bitcoin peaked at $19,891 in December 2017. The highest price ever at Coinbase is particularly important because it has consistently remained the leading exchange for the US in recent years.

In addition, some of the major global exchanges, such as Binance, were launched in mid-2017. It can be argued that an exchange that has existed since 2012 is more important in terms of historical price data and, to date, Coinbase remains one of the main ones for retail investors.

Bitcoin’s maximum varies in exchanges

2017 was a tumultuous year for cryptomorphs. After Bitcoin reached a new historical record, it saw price variations of 30% to 50% in one week, as the market for exchanges of cryptomoks showed a lack of liquidity.

Currently, record highs differ by almost US$ 300 between exchanges. For example, at the Kraken and Bitstamp, BTC reached a peak of US$ 19,660 and US$ 19,666, respectively. Today, BTC’s price has reached a new historical record in both exchanges.

In Binance and Huobi, BTC reached the top of US$ 19,799 and US$ 19,867, both reached on November 30.

At the time of this article, Bitcoin was still to see a new record at Bitfinex, Coinbase and Gemini, which are also known by coincidence as the whale exchanges due to their high liquidity.

In 2017, Coinbase was a leading exchange in terms of turnover and in the minds of many traders, seeing the price exceed the previous maximum would be further confirmation that a bullish market has officially begun.

For many traders, $20,000 is the barrier that needs to be broken, as it will officially set a new historical record for the highest rated digital asset.

A pseudonym known as „Bitcoin Jack“ has identified Bitfinex as the most liquid exchange during this ongoing high. Therefore, considering that the Gemini and Coinbase records are close to Bitfinex, the US$ 19,873 level is an accurate all-time record. He said:

„Be careful, as open interest liquidity indices have been hit on most exchanges. This means that until liquidity is replenished, the value of liquidity versus OI is relatively low, allowing for less contained cascades on both sides. As always, Finex is the queen of liquidity. ”

What will happen with the price of Bitcoin?

Analysts at the network, including CryptoQuant CEO Ki Young Ju, predicted that the whales would try the highest of all time and apply significant sales pressure.

As Bitcoin approached its record in Coinbase, a sudden sell-off occurred, bringing BTC to $18,998 in two hours.

Following the high level of volatility and whale induced sales, the amount of open futures contracts suffered a blow and foreign exchange order portfolios were damaged.

There are two short-term scenarios that Bitcoin may see after its first attempt to break its historical record.

First, the momentum may continue in Asian markets during the morning session and this may catalyze buyer demand to increase again.

Second, Bitcoin could consolidate under the highest record of $19,873, possibly ranging from $19,000 to $19,873. This scenario is the most ideal one for BTC to have a sustainable upswing, as it would prevent the derivatives market from overheating.

Bitcoin Cash Price Prediction – BCH/USD recherche un soutien ; répartition sur les métiers à tisser à 220

  • 10. Oktober 2020 at 12:47

BCH Price Prediction – 7 octobre

Bitcoin Cash lutte pour rester au-dessus des moyennes mobiles car la pièce est susceptible de se stabiliser en consolidation à court terme.
Marché BCH/USD

  • Niveaux clés :
  • Niveaux de résistance : 240, 250, 260
  • Niveaux de soutien : 200 $, 190 $, 180
    BCHUSD – Graphique quotidien

Au moment où nous écrivons ces lignes, BCH/USD pousse à la consolidation autour de 220 dollars, mais la tendance est à la baisse, ce qui pourrait tester le soutien à 210 dollars alors qu’il passe sous les moyennes mobiles de 9 et 21 jours. Toutefois, l’indicateur technique est resté baissier, car le RSI (14) continue de passer sous le niveau 45, ce qui reflète l’influence des vendeurs sur le prix.
Quelle est la prochaine étape pour le prix de BCH ?

Comme le montre le graphique quotidien, le mieux que les taureaux puissent faire est de défendre le support à 215 $ et de se concentrer sur le fait de tirer au-dessus des moyennes mobiles. Hier, le Crypto Bank a perdu son équilibre aux côtés d’autres cryptos et la forte baisse a affecté les acheteurs d’une tentative de reprise au-dessus de 230 $. Cependant, BCH/USD fait un effort pour sauter au-dessus des moyennes mobiles et espère également récupérer le terrain au-delà de 224 $.

Actuellement, la pièce se trouve déjà du côté négatif et une action haussière réflexe est donc attendue pour corriger les baisses avec un saut possible au-dessus de 225 $. En attendant, s’il y a une augmentation de la pression d’achat, le prix pourrait sortir du canal pour atteindre la résistance de 230 $. Tout en s’échangeant à ce niveau, une poursuite de la hausse pourrait atteindre les niveaux de résistance de 240, 250 et 260 dollars respectivement.

D’autre part, un basculement minimum en dessous des moyennes mobiles pourrait probablement amener le marché à un niveau de soutien de 210 $. Le dépassement de ce niveau pourrait amener les ours à des niveaux de 200, 190 et 180 dollars.

Par rapport à Bitcoin, les ours font preuve d’un plus grand engagement dans le commerce. Selon le récent signe négatif, la tendance baissière pourrait se poursuivre dans la mesure où les acheteurs n’ont pas réussi à pousser le prix au-dessus des moyennes mobiles de 9 et 21 jours.
BCHBTC – Graphique quotidien

Cependant, le RSI (14) est susceptible de franchir le niveau 45, ce qui pourrait entraîner une tendance à la hausse de la pièce. Tout autre mouvement haussier pourrait pousser la pièce au niveau de résistance de 0,022 BTC et plus, mais un nouveau test pourrait faire baisser le prix à 0,0195 BTC et moins.

Szczegóły raportu Bezprecedensowe poziomy zainteresowania Wall Street bitcoinami i kryptowalutami

  • 1. Oktober 2020 at 23:43

Inwestorzy instytucjonalni w coraz większym stopniu opierają swoje transakcje na długoterminowych perspektywach Bitcoin Era i nie są już łatwo zniechęcani przez zmienność cen, zgodnie z giełdą kryptowalut ZUBR.

W nowym raporcie zatytułowanym „Institutional Investors Turn ‚Hodlers‘ on Bitcoin Futures Market”, ZUBR analizuje regulowane giełdy, takie jak Chicago Mercantile Exchange (CME) i Bakkt, i porównuje ich zachowania inwestycyjne podczas hossy i bessy

ZUBR mówi, że inwestorzy instytucjonalni na platformach regulowanych chcą trzymać Bitcoin w oparciu o jego długoterminową perspektywę, zauważając, że było więcej „otwartych zainteresowań” w porównaniu z wolumenami.

„Pisma mogą nie być jeszcze na ścianie dla pełnego zainteresowania instytucjonalnego. Ale istnieje wyraźne długoterminowe zainteresowanie kryptowalutą na giełdach regulowanych, czego wcześniej nie widziano. ”

Wolumen obrotu kontraktami terminowymi na Bitcoin osiągnął w ubiegłym roku ponad 4 biliony dolarów, mówi ZUBR, przy średnich miesięcznych wolumenach o prawie 60% wyższych niż poprzednia średnia z 2019 r. Wzrost liczby otwartych pozycji jest widoczny głównie na CME, chociaż firma Bakkt nie pozostaje daleko w tyle.

ZUBR uważa, że ​​długoterminowe zainteresowanie Bitcoinem na giełdach regulowanych może jeszcze wzrosnąć wraz z wejściem na rynek większej liczby inwestorów instytucjonalnych

„Oczywiste jest, że regulowane giełdy przyciągnęły na rynek handlowców innego kalibru, potencjalnie zmieniając przyszłą dynamikę kryptowaluty na to, czego wierzący od zawsze chcieli – wyprzeć złoto”.

Kazakhstan’s Bitcoin Mining Investment Increases to $ 890 million

  • 19. September 2020 at 14:10

The Bitcoin (BTC) network uses the Proof of Work consensus algorithm. This requires a lot of computing power from the so-called miners, who verify the Bitcoin blocks with special mining hardware. The picture shows a Bitcoin coin mechanism on a circuit board.

Bitcoin and cryptocurrencies in general are becoming so attractive that they are attracting the attention of nation states that are now trying their hand at them. For example, the Kazakh government is now a major bitcoin miner, which is a shock to many considering that most other governments have chosen to take a lukewarm stance on cryptos.

According to Samson Mow, CSO of Blockstream, bitcoin mining could be a very profitable strategic investment for governments. Samson penned a catchy tweet for this purpose , which grabbed the space’s attention. It appears that Kazakhstan shares this view and announced further investments of $ 700 million for its Bitcoin Profit mining operation. We have summarized the highlights of the events for you.

Bitcoin mining for $ 190 million

Kazakhstan’s decision to venture into large-scale, government-funded Bitcoin mining is a complete about-face from its earlier approach to cryptocurrencies. As early as 2018, the country’s central bank (the National Bank of Kazakhstan) tried to draft a policy to make cryptocurrencies and related activities in the country illegal.

A few months later, this policy was repealed and replaced with a friendlier approach to regulating Bitcoin & Co. The Kazakh government then initiated a project in which several Bitcoin mining farms were installed. An impressive $ 190 million was made available for the project.

Another $ 700 million is to follow

Now the government is allocating even more funds to expand its Bitcoin mining activities. Bagdat Mussin, who is currently the minister for digital development, recently announced plans to invest more than $ 700 million in Bitcoin mining operations. The country already operates 13 mining farms, with 4 more to follow soon.

With more than 10 major Bitcoin mining farms already operating, Kazakhstan contributes a whopping 6% to the global hash rate on the Bitcoin network. It can only be expected that this big chunk will grow even bigger as the country brings more financial clout to its already successful mining project. However, the country is still lagging behind other larger mining regions such as China, the US, and Russia.

Kazakhstan’s competitive advantage in Bitcoin mining

A major reason Kazakhstan could have a prosperous future in the Bitcoin mining business is, above all, easy access to very cheap electricity from its coal reserves. In fact, some miners from China are already in the process of relocating their mining activities to Kazakhstan to benefit from cheap electricity.

Kazakhstan’s entry into bitcoin mining as a government-backed project focuses on the wider global impact such a move could have. If more governments take up crypto mining, it would only be a matter of time before cryptos, especially Bitcoin, hit mass adoption.

Invest in Bitcoin before it’s too late

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