Bitcoin sets the pace again as Theta Network climbs into the top 10

The past trading week was dominated by the expiry of futures and options on 26 March. If the crypto lead currency initially fell back towards USD 51,500, there has been a significant price recovery in the last few trading days. And this is also benefiting many altcoins.

As in the previous week, some of the top 100 altcoins are rising at an above-average rate, outperforming many of their competitors. As in the previous week, in addition to Ankr (ANKR), the cryptocurrency Harmony (ONE) and the Theta Token (THETA) are very bullish and rising to Bitcoin Lifestyle new all-time highs. The statistically traditionally weak month of March is living up to its name as the weakest stock market month. On a positive note, however, the cryptocurrency Bitcoin was able to clearly maintain the psychological mark of USD 50,000.

After a short breather, THETA is once again heading for its all-time high. Today, Monday, the price can once again rise above USD 13 and is trading at USD 13.57 at the time of writing. A breakout above the all-time high should give the THETA price further wings.

Bullish scenario (THETA)

If the THETA price continues its upward movement this week and breaks above the all-time high at USD 14.95, the next price target at USD 18.30 will be activated. This is the 127 Fibonacci extension of the overriding upward trend. If the bulls manage to overcome this resistance level, a direct rise to 19.68 USD can be planned. If the Theta token stabilises sustainably above USD 14.95, THETA could even set its sights on USD 22.56 in the short term. This strong resistance is the 161 Fibonacci extension. In the coming months, a rise to 27.26 USD cannot be ruled out.
cryptocompass

If the overall market continues to be bullish, the price target of USD 34.88 will come into focus above USD 27.26. The 261 Fib is found here. This is where the 261 Fibonacci extension is found. The maximum price target for the coming period is 47.19 USD for the time being and is derived from the 361 Fibonacci extension. Should the bitcoin price actually rise towards USD 100,000 this year, a rise to the 461 Fibonacci extension could not be ruled out. This higher resistance level is found at 59.51 USD. Thus, there is still a strong upward potential for the theta token.

Bearish variant (THETA)

If, on the other hand, the THETA price cannot overcome its all-time high and bounces significantly downwards, the short-term price development will be decided at the USD 11.47 level. Below this support, the weekly low at USD 10.24 comes into view again. If THETA slips dynamically below this price level and also abandons the EMA20 (red) at USD 9.90, a setback to USD 8.79 is likely. This chart mark is the 50 Fibonacci retracement. The bulls are likely to be on the lookout for new entries here. Should this support level be abandoned, however, the purple support area between USD 8.00 and USD 7.34 will come into view.

Resan bitcoin har tagit har både upp- och nedgångar. Just nu har valutan klarat sig bättre än någonsin, efter att ha nått en ny heltidshöjd på cirka 57 000 dollar per enhet den 21 februari. Detta överträffar helt klart de 19 000 dollar + den nådde i december för mer än tre år sedan.

Bitcoin är starkare än någonsin

Det skulle dock vara fel att säga att valutan fortfarande inte lider lite i skrivande stund, eftersom tillgången nu handlas för bara 48 000 $, vilket är ganska enkelt jämfört med där valutan var bara några veckor. sedan. Hur som helst har bitcoin förklarats dött flera gånger av vanliga medier under de senaste åren, och varje gång kommer tillgången tillbaka för att förklara alla sina naysayers fel.

Valutan har nu funnits i över 12 år. den första bitcoin-enheten brytades i januari 2009, och enligt den whitepaper som publicerades året innan var tillgången ursprungligen utformad för att ersätta fiatvalutor, kreditkort och alla vanliga betalningsmetoder.

Detta har dock inte riktigt hänt än, till stor del på grund av volatiliteten och prissvingningarna som alltid har funnits. Denna volatilitet har varit något av ett dubbelsidigt mynt (förlåt ordlek), eftersom det kan fungera antingen för eller mot handlare på många sätt. För det första kan valutan i slutändan skjuta upp över natten och uppleva prisuppgångar – som den är just nu – som placerar den bland de topprankade tillgångarna.

I den meningen kan investerare verkligen dra nytta av valutan och lägga mycket till sin förmögenhet inom en ganska begränsad period. Men för det mesta har denna volatilitet lett till stora förluster bland handlare, och det dröjer inte länge innan de ser all deras förmögenhet försvinna över natten. Detta var fallet 2018, ofta märkt som det mest baisse året för världens främsta digitala tillgång.

Nu när valutan stiger till nya toppar, kommer alla som inte sålde sina tillgångar under det året troligen att känna sig mycket mer självsäkra och få några fina belöningar.

Varför ska vi aldrig klippa ut BTC helt

Faktum är att bitcoin alltid verkar studsa tillbaka och visa media som tvivlar på varför de ska vända och ge efter. Bland de negativa kommentarer som har gjorts om bitcoins ställning tidigare var en av Dr. Doom själv Nouriel Roubini , som tydligt uttalade i en intervju:

Flintstones hade ett bättre monetärt system.

Kenneth Rogoff – professor vid Harvard – har sagt att valutan bara skulle kunna användas i en „dystopisk framtid“, medan Kevin O’Leary – Mr. Wonderful från „Shark Tank“ – har kommenterat att bitcoin var skräp, även om han nyligen har gått tillbaka på denna idé och uppgav att han kommer att fördela cirka tre procent av sin portfölj till bitcoin och krypto.

One of the largest brokers in Brazil, XP Investimentos, has announced that for the first time in its history, it will be trading a 100% Bitcoin fund

For the first time in its history XP Investimentos, one of the largest brokerage houses in Brazil, has announced that it will negotiate a 100% Bitcoins based fund.

So, according to a statement sent to Cointelegraph, from this Thursday (21), XP will offer its clients the Hashdex Bitcoin Full 100 FIC FIM fund.

We are experiencing a unique moment in humanity. Bitcoin is fantastic‘, says William Ribeiro from ‚Dinheiro Com Você‘ channel

Hasdex product, available since October, was created, according to the company, with the objective of attending a demand of the so called Bitcoin Evolution an enthusiastic public of cryptomoeda that was looking for a fund that only contemplated the asset.

However, the fund is not the only one, nor the first in Brazil, authorized by the Brazilian Securities Commission (CVM) to offer 100% exposure at Bitcoin. The QR BTC MAX FIM IE fund was approved by the CVM on October 1, 2020.

Thus, QR Capital’s fund was considered the first „purist“, 100% backed by Bitcoin and can be acquired at Órama and, according to QR, will soon be listed on other platforms; also available on QR Asset Management’s website.

Brazilian Day Trader reveals how it lost R$ 1 million with global ‚bot bot failure

Hashdex

In the case of the Hashdex fund, besides XP who also started trading the fund was the broker Rico.

Turned to qualified investors, the fund counts with net worth of $ 48,5 mns and for having less then six months in the house portfolio it still can’t have its performance divulged.

Brazilian trainee leaves everything to become day trader, loses all the economies but then profits US$ 2,5 thousand.

Without performance tax, the product has a minimum investment of US$ 1 thousand for new quota holders and a maximum tax of 1,75%.

The fund is recommended for bold investors and applies its resources in the Hashdex Bitcoin I FIM which, in turn, invests in financial assets issued and traded abroad.

„Hashdex Bitcoin Full 100 FIC FIM is our fourth fund that is available for XP clients and the second at Rico. We deliver a product that offers simplicity and security for the investor who seeks to have a regulated exposure to currency, all this in a fund that has a custodian like Fidelity Digital Assets,“ explains Marcelo Sampaio, CEO of the company.

Polkadot (DOT) ha ribaltato l’XRP di Ripple in termini di capitalizzazione di mercato dopo un massiccio aumento del 31% nelle ultime 24 ore. Questo la rende la nuova quarta più grande criptovaluta per capitalizzazione di mercato.

Bitcoin (BTC) potrebbe fare passi da gigante quest’anno, ma Polkadot rimane uno dei migliori nel 2021, stabilendo costantemente nuovi record ogni giorno. Il prezzo di Polkadot è aumentato di oltre l’85% nel 2021 e dell’84% negli ultimi sette giorni, spingendo Cryptosoft al quinto posto nella classifica Coinmarketcap.

Il token Polkadot è salito dai minimi intraday di $ 12,68 a un massimo record di $ 20,05

XRP, d’altra parte, è stato in grado di aumentare solo dell’1,9% nelle ultime 24 ore, il che non è stato sufficiente per portare il token di trasferimento transfrontaliero sopra $ 0,28. La sua capitalizzazione di mercato è attualmente leggermente inferiore a DOT a $ 13,1 miliardi.

Anche la nona più grande criptovaluta, Chainlink (LINK), ha raggiunto il record di $ 22,95 per entrare in modalità di rilevamento dei prezzi in un secondo momento. Con l’aumento della pressione di acquisto, il valore di mercato del token decentralizzato degli oracoli è aumentato dalla sua apertura giornaliera di $ 13,26 il 13 gennaio a un nuovo massimo storico di $ 22,95 oggi.

Polkadot è attualmente scambiato a $ 17,76 mentre Chainlink è sceso a $ 20,20 al momento della scrittura.

Token DeFi al primo posto nella corsa al mercato delle criptovalute

Diversi token DeFi hanno superato Bitcoin ed Ethereum in termini di prestazioni. Bitcoin ed Ethereum hanno guadagnato a malapena l’1,98% e il 6,02% rispettivamente nelle ultime 24 ore. Uniswap è cresciuto del 27,83 % nelle ultime 24 ore ed è stato scambiato in un massiccio trend rialzista da novembre 2020. Synthetix è cresciuto di oltre il 550% da novembre 2020.

Allo stesso modo, Aave ha anche mostrato una tendenza al rialzo da novembre, guadagnando il 24,56% nelle ultime 24 ore e il 69,31% su 7 giorni per raggiungere un nuovo massimo storico a $ 204,06 su Coinbase. Il protocollo DeFi è successivamente entrato nel processo di determinazione del prezzo e probabilmente potrebbe incontrare pochissima resistenza a lungo termine.

Il numero di balene che detengono tra 100.000 e 1.000.000 di token AAVE (da $ 16.000.000 a $ 160.000.000) è aumentato di quattro negli ultimi cinque giorni, indicando che i grandi possessori si aspettano che AAVE aumenti ancora di più.

I dati di TheTIE confermano anche un continuo aumento del sentiment e dell’attività sui social media negli ultimi mesi.

Od początku roku Ethereum wydaje się być w gorącej pogoń za nowym, wszechobecnym haju, ponieważ bitcoin nadal handluje na boki.

Przez ostatni tydzień, Bitcoin wydaje się handlować w ciasnym zakresie z zauważalnym wzorem proporczyka.

Chociaż cena przesunęła się obecnie powyżej 20-dniowej średniej kroczącej, wydaje się, że byki i niedźwiedzie walczą niestrudzenie w kierunku, który Bitcoin podejmie w krótkim czasie.

Dane uzyskane z TradingView pokazują, że BTC handlowały w ciągu weekendu pomiędzy 34.955 $ a 37.850 $. Jednak wydaje się, że inwestorzy kupują każdy dip, ale robią to z mniej byczym przekonaniem.

Nikolaos Panigirtzoglou, badacz JPMorgan, podkreślił ostatnio, jak ważne jest, aby Bitcoin Code wkrótce przekroczył 40.000$. Flagowy krypto powinien podnieść się do tego poziomu, aby nie ucierpiał masowy exodus „śledzących trendy“ inwestorów, którzy mogą pogorszyć zeszłotygodniową korektę.

Według szefa handlu w Wirex, Yvesa Renno, Bitcoin wchodzi w „konsolidację powyżej poziomu 35.500 dolarów“. Jednakże, widzi on ogólnie pozytywny trend na rynku.

Renno uważa, że ostatnia korekta do 30.000 dolarów została uznana za okazję do zakupu dla dużych i instytucjonalnych inwestorów. Tak może być, biorąc pod uwagę wzrost liczby wielorybów bitcoin i „niską do średniej“ podaż górników.

Dyrektor wykonawczy Wirex uważa, że inwestorzy powinni oczekiwać, że w nadchodzących tygodniach i miesiącach, zgodnie z działaniami na rynkach instrumentów pochodnych, będą mieli do czynienia z ciągłym okresem wysokiej zmienności z pozytywną średnią tendencją. Skomentował to:

„Otwarte zainteresowanie zawsze uderza w nowe ATH, co czyni rynek jeszcze bardziej ryzykownym, ponieważ oznacza to, że istnieje większe ryzyko likwidacji podczas korekty, czyli sprzedania zabezpieczenia, co zazwyczaj wzmacnia korekty“.

Eter (ETH) również wydaje się wykazywać rosnącą siłę w swoim rozmachu cenowym. Gwałtowny wzrost w ETH może być spowodowany wprowadzeniem Ethereum 2.0 i nadchodzącą premierą kontraktów terminowych CME w lutym. Oczekuje się, że Ethereum 2.0 będzie również bodźcem dla sektora zdecentralizowanych finansów (DeFi), ponieważ cały ekosystem skorzysta ze spadku opłat transakcyjnych i mniejszego zatorów.

Pozytywne wieści z The Regulatory Fr na

Według doniesień, przyszły prezydent USA Joe Biden chce powołać Gary’ego Genslera na stanowisko przewodniczącego amerykańskiej Komisji Papierów Wartościowych i Giełd, który zaoferował pewną ulgę dla rynku kryptograficznego. Stworzyło to pewien krótkoterminowy wzrost nastrojów. Gensler jest profesorem, który prowadził kurs kryptokurwaluty i łańcucha blokowego na MIT.

Bitcoin otrzymał również znaczny głos zaufania od byłego premiera Kanady, Stephena Harpera. Powiedział on, że może być wyznaczone miejsce dla Bitcoin’a jako część „koszyka walut rezerwowych, które zastąpią dolara“.

Podczas gdy Bitcoin w ostatnich dniach handluje na boki, kryptońscy analitycy i komentatorzy wzywają Eter do wybuchu i podążania za parabolicznym ruchem Bitcoinu. W ciągu ostatnich kilku godzin, Ether zdołał dokonać byczego przełomu w swojej parze BTC i USD. W momencie publikacji, ETH wzrosła o 13% i handluje około 1.380 USD.

The Bitcoin Lightning Network has been in existence for several years now, but the protocol is far from being fully developed. Over the past year, we have again worked hard on the various implementations. What happened to the scalability solution in 2020?

Lightning (LN) is a second layer on top of Bitcoin with which you can pay super fast and cheaply. It is a network of payment channels between nodes. Not familiar with Lightning? Then please read our explanation page first!

1. Bitcoin goes Wumbo
For the adoption of Lightning it is also important that payments between exchanges become possible. However, deposits or withdrawals between exchanges often involve large sums of money, while Lightning has been developed as a solution for micropayments.

With the arrival (and activation) of Wumbo channels, the step for exchanges to embrace Lightning has become smaller. With Wumbo, the payment channels are larger and the limits in terms of maximum sizes of LN payments have also been stretched.

Previously, the limit for a payment channel was 16 million (2^23) satoshi per payment channel. In the meantime (after the introduction of Wumbo) there are already several payment channels of more than 2 BTC (200 million satoshi).

Kraken recently announced that it wants to integrate the Lightning Network in the first half of 2021. Bitfinex is still the only major stock exchange that has already implemented it.

2. Lightning Pool
A big problem for Lightning has always been that it was difficult to get incoming capacity. In November Lightning Labs launched a solution: Pool.

You could see it as a market that sends out a signal when someone asks for liquidity. If you have on-chain Bitcoin left over, you can rent or lease it out, so to speak. That way, people who have a huge need for inbound capacity or liquidity can buy it from the market.

The node(s) operators that offer this Bitcoin and open the channel receive a small fee for this.

3. Multi-Part Payments
Thirdly, in 2020, Multi-Part Payments will also be possible in the various implementations. It started with lnd (the implementation of Lightning Labs) and later followed c-lighting and eclair.

Another name is Multi-Path Payments or Atomic Multi-Path Payments (AMP). The idea originates from 2018 and comes from the founder of Lightning Labs, Conner Fromknecht, and his colleague Olaoluwa Osuntokun.

Usually you pay via the Lightning Network by connecting the Bitcoin Profit receiver and the sender via a network of intermediate nodes, also known as hops. This contact takes place through payment channels, in which a balance of satoshi is stored.

The problem was always that there had to be sufficient liquidity within one channel to be able to route (or: forward) the payment. With MPP, payments can be cut into several parts, allowing them to reach the recipient over several paths and thus via several payment channels.

Evan Kaloudis‘ wallet Zeus was the first app where you can do these MPPs (without having to use the command-line interface). A big step forward when it comes to the user-friendliness of Lightning!

4. MyNode, Umbrel, RaspiBlitz
The fourth development was not so much at protocol level, but just below it. Although you can run the implementations on a Raspberry Pi yourself, a number of solutions have become very popular and offer a total package.

Via MyNode, Umbrel and RaspiBlitz you can very easily run your own node. They bring everything together in an easy interface with multiple tools. Via MyNode you can also access ThunderHub and the RTL wallet is ingrained.

2020 was clearly the year in which these parties made it accessible to run their own node. Would you like to take the first steps? Read this explanation page about own nodes.

5. Wallets
Another layer underneath these tools are the wallets. Also in this segment of the Lighnting industry a big step has been taken. Both in terms of non-custodial wallets, fiat-onramps and also ease of use.

Strike: an app from Jack Mallers where you can make fiat payments via Lightning.
Phoenix: a non-custodial wallet without the hassle of payment channels.
Breez: the first iOS non-custodial app.
Zeus and Zap: two wallets to link to your own node.
In addition, there are also numerous custodial Lighnting apps that make it easy to use Lightning. BlueWallet has also taken a big step with lndhub.