Bitcoin

Investing in Bitcoin with peace of mind

L’Épargne du Coin: investing in Bitcoin with peace of mind

To celebrate Bitcoin’s 12th anniversary, Le Journal du Coin is teaming up with StackinSat to launch a new service: L’Épargne du Coin! This platform allows you to position yourself on Bitcoin serenely, thanks to the planned investment.

L’Epargne du Coin was born from a conviction: Bitcoin is here to stay. Although its adoption as a means of payment is not yet assured, its function as a store of value is confirmed. Fears about Bitcoin Bank inflation of state currencies and the low yield of traditional financial investments make it a very interesting asset to diversify and protect one’s savings.

In this context, the creation of a Bitcoin Savings Plan makes sense! Discover our new platform, created in partnership with StackinSat.
L’Épargne du Coin: a programmed investment strategy

What is dollar cost averaging?

Dollar cost averaging, or programmed investment, is a strategy that consists of periodically investing a fixed sum of money in a financial asset. This strategy makes it possible to smooth its entry point. It is therefore particularly suited to volatile markets such as the cryptomoney market.

In the current context of strong price appreciation, there will be no shortage of opportunities to invest at the worst possible time (on a high market). Thus, the overly emotional investor may be subject to the famous FOMO: the fear of missing out. He may be tempted to invest all his capital dedicated to cryptomoney on a simple whim. And that can be very disappointing! For example, an investor who acquired all his Bitcoins in January 2018 will have had to wait almost three years to be profitable.

With dollar cost averaging, the same investor who invested a fraction of his capital each month, without worrying about price fluctuations, would have realised a much better capital gain. And, above all, without any headache!

If you want to invest part of your capital in Bitcoin, but have neither the soul of a trader nor the time to keep your eyes on the price, this strategy is for you!

Is this a profitable strategy for Bitcoin?

On Bitcoin, it is a particularly profitable strategy. For example, here’s what the Corner Savings simulator gives for an investment of 100

Thus, having started to invest periodically during the bear market of 2018, the realised capital gain would be 264%. By investing the same amount all at once on 1 January 2018, at the rate of $13,500, the capital gain would be 152%.

The DCA is therefore a profitable investment strategy in a long-term bull market. It allows the Fund to increase its exposure to this market on a regular basis, while limiting the risks associated with its volatility.

Bitcoin (BTC) turns 12 and celebrates with price fireworks

Bitcoin (BTC) turns 12 and celebrates with price fireworks

It was 12 years ago today that the Bitcoin Blockchain was brought to life by its inventor Satoshi Nakamoto. On 3 January 2009, the first transaction was initiated on the Bitcoin Blockchain. Its unknown inventor had thus written a message in the first Bitcoin block, the so-called Genesis Block. What became of it 12 years later, no one could have imagined at the time.

With all the news about the rising Bitcoin price, some might overlook the fact that today the No.1 cryptocurrency is celebrating a birthday of sorts. 12 years ago, or to put it another way: 664,278 blocks ago, Satoshi Nakamoto created the first Bitcoin Machine block of what was then still 50 BTC. This was the beginning for the oldest and most successful blockchain in the world, which today claims a market capitalisation of over 600 billion US dollars.

Genesis Block and bank bailout

The anonymous inventor launched the Bitcoin network just two months after the Bitcoin whitepaper was published. In the whitepaper, which he published on 31 October 2008, he explained how the new monetary system would work. About two months later, theory turned into practice.

This news refers to the cover story of The London Times newspaper with the same title. For many crypto enthusiasts, the reference is clear. They see hidden in this news a criticism of the current banking and financial system. After all, bank bailouts and major social unrest occurred at the time in the wake of the financial crisis.
The London Times 03.01.2009

With the narrative „Be your own Bank“, the Bitcoin phenomenon has become an antagonist of the existing, centralised banking system. Libertarian circles in particular see Bitcoin as an opportunity for a monetary system that does without the state and banks.

What Bitcoin has become

As successful as Bitcoin is and its price is climbing one all-time high after another, Bitcoin is now more than ever in the hands of traditional financial players. Yet it is now just as much the institutional investors as private individuals who hold Bitcoin as an asset. In the course of this, states and regulatory authorities are creating regulatory guard rails for the former „cypherpunk money“.

Bitcoin has gained acceptance not as a currency, but as a store of value. The fact that digital gold protects purchasing power is now seen as Bitcoin’s primary use case. The payment function in the sense of a currency has long been secondary. The deflationary nature of Bitcoin runs counter to the original goal of creating a currency more than it helps it.

However, this in no way diminishes the added value that Satoshi Nakamoto brought into the world 12 years ago. The countless billions that flow into Bitcoin every day show that there is a demand for a digital safe haven that cannot be manipulated by central banks and states.

FxOpen to remove cryptocurrency CFDs from its product range for UK traders

Forex broker FxOpen has announced the cessation of CFD trading on digital currencies for its UK clients. The company attributed the move to a ban imposed by the UK’s Financial Conduct Authority (FCA) on the sale of cryptocurrency-based derivatives to retail traders, Finance Magnates writes.

The FCA-regulated broker will stop supporting such products on 5 January 2021, the day before new rules regarding CFDs and ETNs on digital currencies come into force. It only applies to retail clients of the UK arm of FxOpen Group and does not affect professional investors.

According to the FCA, crypto derivatives are not suitable for retail traders due to Crypto Trader a lack of understanding of their nature and the volatility of digital currencies. As a result, traders cannot fully assess the risks associated with such products.

FXOpen has informed clients to close their current positions by 15:00 GMT on 5 January, otherwise it will be forced to do so at the market rate at the indicated time.

In 2016, FxOpen was the first forex broker to offer CFD trading on cryptocurrencies. In March 2017, the firm began accepting deposits in Tether (USDT).

As a reminder, a new tax regulation coming into force in Germany in 2021 will put crypto derivatives trading under a de facto ban in that country.

Gråtone deaktiverer køb af nye aktier til Bitcoin, Ethereum, Litecoin, andre

Grayscale Investments har midlertidigt deaktiveret køb af nye aktier til Bitcoin, påpegede en Twitter- bruger i dag. Virksomheden har også stoppet køb af aktier i andre kryptokurver som Ethereum, Litecoin, Ethereum Classic og Crypto Trader.

Virksomheden tilbyder dog stadig krypto-aktier til Zcash, XRP og Horizen

Gråtoner lukker periodisk sine kryptotillids til såkaldte „private placerings“ -runder. Låseperioden for Bitcoin-aktier siges at være seks måneder, og efter afslutningen af ​​denne periode har investorer lov til at sælge disse aktier til detailkunder. For at markere afslutningen på denne lock-up periode har Grayscale været kendt for at stoppe køb.

Grayscale havde sidst sat købet af GBTC-aktier på pause i juni i år. Mange i marken mener, at sådanne midlertidige suspensioner altid har en tendens til at påvirke den institutionelle efterspørgsel efter Bitcoin.

Men ifølge forskeren, når frigivelsen af nye aktier, markeder kun ”ryk højere:”

Når nedtællingen er afsluttet, ser vi de sidste to år solide beviser for, at markedet pludselig rykker højere næsten hver eneste gang.

Til dato har gråtoner sigende oparbejdet en samlet på 536k Bitcoin. Det er Bitcoin Trust-væksten, der kun har været accelereret med fonden, der stiger til 5 mia. Dollar i 4. kvartal 2020. I løbet af dette kvartal tilføjede Grayscale 115.236 BTC, en teknisk analytiker, der fandt ud af:

For en uge siden sagde administrerende direktør i Grayscale, Michael Sonnenshein , at Grayscales strømme steg seks gange „af det, de var sidste år“ og tilføjede:

De typer investorer, der lægger kapital på arbejde, er nogle af verdens største investorer og foretager større allokeringer end nogensinde.

Tilbage i oktober offentliggjorde Grayscale sin investeringsrapport for tredje kvartal, ifølge hvilken virksomheden hævede $ 1,05 mia. I sine investeringsprodukter og markerede dette deres største kapitalindstrømning i et enkelt kvartal nogensinde. Virksomhedens aktiver under forvaltning steg endda med 147 procent YTD på det tidspunkt.

Efter en tilføjelse på $ 270 millioner blev GBTC-trustens AUM nu sagt at være over $ 13 mia.

US Securities and Exchange Commission wins another lawsuit against crypto companies

And again the authority can enforce an ICO in court as illegal.

After several years of litigation with the American regulatory authorities, the Blockvest crypto project has now been finally banned

The SEC is asking for a permanent ban, the repayment of illegally generated funds and fines, ”as a court document on Thursday said. With the verdict that has now been made, this claim has been granted in the sense of the American Securities and Exchange Commission (SEC). Both the Blockvest crypto project and its founder Reginald Buddy Ringgold III, who also calls himself Rasool Abdul Rahim El, are the defendants in this case.

In October 2018, the SEC was the first time against Blockvest intervened when the company selling a proprietary crypto tokens sought. Such an “Initial Coin Offering” (ICO) was a popular method of raising capital in the crypto industry at the time. In the next two years there was a legal dispute between the two sides , which has now ended with the judgment of the day before yesterday.

The reason for the injunction with which the SEC intervened against the ICO at the time, and which was the basis of the ongoing legal dispute, is that, according to the authorities, both Bitcoin Code and Ringgold deliberately acted illegally. Nonetheless, the ICO was carried out and its illegality was deliberately covered up by Ringgold falsely claiming to have registered the token sale with the SEC:

„The defendants pretended that the Initial Coin Offering was ‚registered‘ and ‚approved‘ by the SEC, using the SEC logo for this deception.“

In addition, the defendants had falsely claimed that the ICO was approved by the American Futures and Options Trading Authority (CFTC) and the American Association for Futures Trading (NFA).

In addition, other charges are mentioned in the latest court document, for example:

„The invention of a fictitious supervisory authority called the Blockchain Exchange Commission (BEC), including its own fake logo, fake seal and fake regulatory mandate, all of which are similar to the logo, seal and regulatory mandate of the SEC.“

As a result of the ruling, Blockvest and Ringgold were imposed various fines, including making compensation payments to the investors in the token sale and fines totaling USD 696,097.90. Furthermore, various restrictions and prohibitions apply to entrepreneurs and founders with immediate effect.

O preço do bitcoin se consolida à medida que os comerciantes contestam a faixa de $18,2K a $19,5K

A Bitcoin Price decidiu respirar enquanto os touros e ursos lutam para tomar o controle da faixa de $18.200 a $19.500.

O preço da Bitcoin parece ter entrado em uma curta

Depois de uma impressionante corrida para um novo recorde em 1º de dezembro, o preço da Bitcoin (BTC) parece ter entrado em uma curta fase de consolidação, pois o preço varia entre $18.200 e $19.500.

Os gráficos de 1 e 4 horas mostram o preço se comprimindo em uma estrutura parecida com um tostão e se afastando do padrão provavelmente veria o preço passar para o nível de $19.400, onde há um pouco mais de resistência.

Um avanço que o galhardete também sugere que o nível de $19.000 poderia agora funcionar como um suporte sólido e se os touros forem capazes de virar a zona de $19.400 a $19.500 para suportar, então é esperada uma tentativa de ultrapassar o novo recorde de todos os tempos.

Como muitos analistas têm apontado, períodos de consolidação e recuos para re-testar o suporte subjacente são criticamente importantes para sustentar a força de uma tendência de alta.

Além disso, se Bitcoin estiver realmente em um mercado de touro, os investidores verão as maiores e menores recuos como oportunidades de compra. Evidências claras disto podem ser vistas no gráfico diário que mostra os comerciantes comprando em cada queda significativa desde meados de outubro.

Podemos ver também que o padrão de mínimos diários mais altos está intacto mesmo após as mais recentes rejeições fortes ao nível de 19.000 dólares.

Se o preço do Bitcoin não conseguir ultrapassar os $19.200 ou perder o nível de $19.000, o perfil de volume visível (VPVR) mostra que há suporte a $18.650 e abaixo deste valor a $17.800. $17.800 também está alinhado com a média móvel de 20 dias, uma métrica que tem sido respeitada desde que a tendência de alta começou em 7 de outubro, quando o preço do Bitcoin foi negociado por $10.600.

Segundo o colaborador da Cointelegraph, Micheal van de Poppe:

„É bastante difícil fazer qualquer análise neste ponto, mas os prazos mais altos indicam que há alguma sobre-extensão neste ponto“. Se Bitcoin não quebrar ou fechar acima de 19 mil dólares, acho que vamos reverter“.

Van de Poppe também sugeriu que um dos prazos semanais que a área crucial a ser mantida é de $19.000 e no prazo diário. Ele advertiu que uma potencial divergência em baixa poderia estar sugerindo que uma reversão a curto prazo.

E se os ursos assumirem o controle?

No caso de o preço do Bitcoin tomar um rumo de baixa ao cair da faixa atual e perder o suporte de $17.800 no 20-MA, é possível um reteste de 23,6% de retração Fibonacci a $16.100.

O VPVR no prazo diário também mostra interesse em torno de $15.700, mas como mencionado anteriormente, o preço tem respeitado os 20-MA desde o início de outubro.

Também é claro que os investidores varejistas e institucionais demonstraram um forte interesse em comprar quedas significativas, portanto parece improvável que esta tendência termine mesmo que a BTC perca a faixa atual.

Bitcoin Mining: A week of important news

During the week, information related to Bitcoin mining was not lacking. Don’t miss this summary of the highlights.

The crypto coin mining business, led by Bitcoin, lived a week of important events. As the price of the pioneering digital currency recovers from the recent correction, news in this area continues to be the main protagonist in the main portals.

On this occasion, we present you our usual weekly summary, where you can find out the most important things about mining. Although there is a lot of information, we try to make a selection of the five most outstanding ones from the last seven days.

It is important to note that, among the most important news, we highlight the fact that the decentralization of mining continues. Some analysts, in a work published by CoinDesk, assure that the U.S. is not looking to take away China’s dominance in hashrate, but to diversify it around the world.

A week of important events for Bitcoin mining

The mining of Bitcoin and other important cryptomonies, presented a week of important events. These are the most important news:

Bitcoin Mining continues to gain ground in the U.S. and Canada.
Ethereum Classic operated hard-fork to restore GPU mining.
Consequences of the ASIC supply crisis.
Miners‘ income remains at pre-Halving levels.
Increased Bitcoin network difficulty is the fourth highest ever.

Miners want to leave China

The decentralization of Bitcoin mining from China to other parts of the world continues to be a source of news week after week. More and more companies are leaving the Asian country in a climate of tension with the authorities.

The destination of most of these farms is the United States and Canada. These countries are among the favorites due to the security climate they provide to businesses, as well as the opportunity to access large sources of financing through the stock market.

The most recent analysis related to this was published by the CoinDesk portal. According to the website, the ongoing decentralization movement is expected not to strip China of its importance and give the United States dominance in mining, but to bring about diversification.

Ethereum Classic to be mined again on 4GB GPUs

Another important news this week in mining, this time not from Bitcoin, but from Ethereum Classic (ETC). According to information from CoinTelegraph, the project suffered a hard bifurcation.

The goal of this action is to enable the 4-gigabyte GPU cards of VRAM to stay active in mining. At the same time, it is intended to discourage the incorporation of ASIC equipment to avoid a centralization similar to that which occurs with Bitcoin mining.

In this way, the hard-fork Thanos, was applied at the height of the block 11,700,000 of the network of that digital currency. It will technically reverse the epoch parameter for the Ethereum Classic mining algorithm, Ethash.

ASIC supply crisis

According to the discussions at the 2020 Mining and Investment Summit, there is a crisis in the distribution of Bitcoin mining equipment. The voracity of large Western companies like Marathon or Core Scientific, who already have orders for S19 for July 2021, has created a supply crisis.

It’s a ruthless race for Bitcoin stockpiling, which is causing as much hash as possible to be hoarded. In this way, the computing power for sale is quickly acquired by the mining giants, which raises the prices of the machines.

The miners are resorting to second-hand equipment to try to stay in the fight. The current trend, however, could lead to a greater centralization of operations and the departure of small and medium-sized miners from the game, experts said.

Will the miners make Bitcoin take off for the moon?

Miners‘ income remains high

The equivalent amount in US dollars that participants in Bitcoin’s mining business receive remains high. The recent drop in the price didn’t take the daily income far from the pre-Halving levels of May that had been reached in recent days.

At the time of writing, the price of the most popular of the crypto currencies is once again heading towards USD 19,000. All of this seems to indicate that the miners‘ income will continue for a while longer in amounts similar to those of today, since a collapse of the cryptomoney seems unlikely.

The latest report from the portal Blockchain.com, shows that the income closed last November 27th at 17.6 million USD. On November 17, the amount for the minimum activity of the

Bitcoining, Bulling, Fakturierung, Verbot und 20 Krypto-Witze

Die Woche begann mit den wichtigsten Neuigkeiten über den Covid-19-Impfstoff, gefolgt von Bit- und Altmünzen, doch dann zerschlug sich die Bitmünze durch USD 16.000. In der Zwischenzeit gaben die Analysten von Bill Miller und JPMorgan optimistische Erklärungen zu BTC ab, Ray Dalio sagte, die Regierungen würden es verbieten, während die Cryptoverse anderer Meinung war, und Krakenforscher sagten, dass die Anhäufung von BTC-Walen im November zu einer weiteren Preissteigerung führen werde. Der Start von ETH 2.0 Phase 0 muss möglicherweise bis Januar warten, und Infura ging wegen einer „unangekündigten harten Gabelung“ der Ethereum-Blockkette für ein paar Stunden aus. In der Zwischenzeit verlor eine Ripple-Führungskraft Tausende auf „wertlosen“ Tokens, wie viele andere im Raum, die beunruhigte Cred schlug drei Möglichkeiten vor, wie sie den Kunden Rückerstattung leisten könnte, und ein Unternehmen versucht, Lizenzgebühren von BTC-Geldautomatenbetreibern und -herstellern einzutreiben.

Im Crypto-Regu-Land: Die Cryptoverse könnte einer „aggressiveren“ SEC unter dem designierten US-Präsidenten Joe Biden gegenüberstehen, die US-Notenbank deutete an, dass sie sich nicht zur Ausgabe eines digitalen Dollars drängen lassen würde, der Rat der Europäischen Union versucht angeblich, die Verschlüsselung zu umgehen, ein Ex-CIA-Analyst sagte, dass das Pekinger Blockchain-Netz eine chinesische Netzdominanz auslösen könnte, und ein argentinisches Crypto-Gesetz steuert auf eine Parlamentsabstimmung zu. Auch könnten die Zentralbanken auf der Jagd nach einem Hedge sein, und sie könnten etwas BTC fangen. Und während ein ehemaliger Microsoft-Ingenieur in einem richtungsweisenden Fall von Bitcoin-Steuerbetrug verurteilt wurde, sagte ein Kritiker, dass Russlands blockkettengesteuerte Wahlsysteme von skrupellosen Politikern ausgenutzt werden könnten. Apropos Russland: Das russische Finanzministerium plant, Krypto-Inhaber mit Gefängnisstrafen zu belegen, wenn sie ihre Einkünfte nicht deklarieren.

 

Bitcoin non attirerà l’Unbanked, dice Mastercard SEO

L’amministratore delegato di MasterCard, Ajay Banga, ha detto che Bitcoin non aiuterà a bancarizzare i non-bancati. Ha indicato la volatilità di BTC come uno dei principali ostacoli.

Le valute crittografiche, in generale, non aiuteranno l’inclusione di individui non bancari nei sistemi di pagamento e nelle banche, afferma Ajay Banga, CEO di Mastercard. Tuttavia, l’azienda è ben lungi dall’ignorare del tutto le valute digitali.

Cercare di far entrare 1 miliardo di dollari nel sistema bancario

Secondo una recente notizia, l’amministratore delegato di Mastercard Ajay Banga, che è in missione per bancarizzare più di un miliardo di persone non bancarie in tutto il mondo, non vede molto uso nelle valute digitali per questo.

L’opinione di Banga è che attività come la Bitcoin non faranno un’attrazione così significativa verso l’inclusione finanziaria.

Secondo l’amministratore delegato, l’alta volatilità serve a far crollare le crittocorse. Egli ha evidenziato che il valore di quella più popolare (Bitcoin) fluttua di grandi quantità, sottolineando che proprio quest’anno una BTC ha cambiato il suo valore in dollari da meno di 5.000 dollari a marzo a quasi 14.000 dollari di recente.

„Il Bitcoin di per sé è volatile nella sua valutazione„, ha detto Banga, aggiungendo: „Riuscite a immaginare qualcuno che è finanziariamente escluso dal trading in modo da essere incluso attraverso una valuta che potrebbe costare l’equivalente di due bottiglie di Coca-Cola oggi e 21 domani? Non è un modo per includerle. È un modo per farli spaventare dal sistema finanziario“.

Cinque anni fa, l’amministratore delegato di Mastercard ha intrapreso una missione per aiutare 500 milioni di persone in tutto il mondo ad accedere al sistema finanziario e ai servizi bancari. Quest’anno il piano è stato aggiornato fino a un miliardo. Secondo Banga, le persone che non hanno un conto in banca soffrono la mancanza di accesso al credito, mentre pagano commissioni molto più elevate per le transazioni finanziarie tramite payday lender, ecc.

Tuttavia, la fiducia in Crypto rimane

Ciò che il CEO di MasterCard non è riuscito a delineare, tuttavia, è la natura resistente alla censura delle crittocittà decentralizzate, così come le barriere all’ingresso inesistenti.

In altre parole, chiunque abbia accesso a Internet può entrare a far parte della rete senza dover passare attraverso lunghe e, in molti casi, impossibili procedure di registrazione per aprire un semplice conto bancario, ad esempio.

Inoltre, una volta entrati a farne parte, non c’è un’autorità centrale che possa „chiuderti“ di per sé, indipendentemente dalla tua situazione economica o dalla tua posizione attuale.

Ciononostante, le sue parole sono degne di nota, perché alcune delle sfide intrinseche rimangono. Per esempio, le persone hanno bisogno di una comprensione relativamente alta della tecnologia e di un computer funzionante e di una connessione internet per diventare parte della rete Bitcoin – qualcosa che molti cittadini nei paesi del terzo mondo semplicemente non hanno.

Nonostante l’opinione del CEO, MasterCard è sulla strada dell’adozione delle valute digitali già da un po‘ di tempo. Come riportato di recente da CryptoPotato, l’azienda ha collaborato con il processore di pagamento britannico Wirex per espandere il suo programma di criptovalute e aiutare „l’adozione e la creazione di esperienze innovative nello spazio cripto“.

Report: Fewer Blockchain Hacks in 2020

Analysts say blockchain hacks will decline.

The number of hack attacks in the cryptocurrency and blockchain space has declined over the course of 2020, according to a new report

According to data from VPN provider Atlas VPN, the number of hacks more than tripled in the first half of 2020 compared to the same period in 2019. The data comes from a report released by Atlas VPN on October 28th.

According to Atlas VPN, 2019 was a record breaking year for blockchain hacks. There were 94 successful attacks in the first half of the year, compared to 31 in H1 2020.

According to the report, there were a total of 133 successful attacks on blockchain networks in 2019.

Based on the historical data, the analysts at Atlas VPN suspect that the number of blockchain hacks will continue to decrease:

„Since 2020 is not over yet, we can expect more blockchain-related hacks to take place by the end of the year. Nonetheless, based on the data, we can say that 2020 will not be past the last year. Blockchain hacks will continue go back. “

Hackers have stolen $ 13.6 billion from 330 blockchain-related hacks since 2009. Atlas VPN found that attacks targeting decentralized EOS applications (DApps) were the most successful. The EOS-DApps will be followed by cryptocurrency exchanges, blockchain wallets and Ethereum blockchain-DApps, according to the report.

As previously reported, cryptocurrency fraud and theft lost $ 4.4 billion in 2019 . In comparison, hackers in 2018 have US dollars by crypto theft and fraud about 1.7 billion stolen .