Bitcoin on Verge of Breaking $25K, Analysts Predict New Era for Crypto

• Bitcoin, the largest cryptocurrency, has broken its one-year trend and is now waiting for its next move.
• Analyst Benjamin Cowen has pointed out the convergence of several factors at the $25,000 mark for Bitcoin.
• Technical analyst CryptoCon has warned about the possibility of pullbacks but suggests that taking part in accumulation and buying in at great prices will ultimately result in a return to the median price of $34,000 and a bottom of $15,500.

Bitcoin, the largest cryptocurrency has been experiencing a significant change in January as it flipped important resistance levels into support. This has caused the coin to hover closer to the $24,000 mark, making analysts predict its journey beyond the $25,000 mark.

Benjamin Cowen, an analyst, has pointed out the convergence of several factors at the $25,000 mark for Bitcoin. He stated that the 50-week simple moving average (SMA) is moving down to $25,000, the 200-week SMA is moving up to $25,000, and $25,000 also marked the summer 2022 top. The only thing not yet at $25,000 is the current price of Bitcoin.

Technical analyst CryptoCon has warned about the possibility of pullbacks, but suggests that taking part in accumulation and buying in at great prices will ultimately result in a return to the median price of $34,000 and a bottom of $15,500.

On the other hand, another analyst named Cillionaire.com highlighted an interesting fact, mentioning that the last time Bitcoin’s price was at $25,000 was back in summer of 2022. Since then, the price has been steadily declining until it reached the current price of $24,000.

All these factors have made many investors optimistic about the future of Bitcoin. If the coin is able to break the resistance level at $25,000, it will be able to reach higher and higher prices. This will also open up new possibilities for the cryptocurrency sector, as investors will be more willing to invest in Bitcoin and other cryptocurrencies.

With the current trend and the convergence of factors, many believe that Bitcoin will eventually reach and surpass the $25,000 mark. If this happens, it could mark the beginning of a new era for the cryptocurrency sector, one in which Bitcoin will be the most dominant cryptocurrency.

Only time will tell if Bitcoin will be able to break this resistance level and reach higher prices. However, with the current trend and the convergence of several factors, it does seem likely that Bitcoin will be able to reach and surpass the $25,000 mark. If this happens, it could open up new possibilities for the cryptocurrency sector and will be a major milestone for Bitcoin.

Crypto Market Downturn: Major Macro Events, Investor Sentiment Affect Bitcoin

• Bitcoin price has lost its crucial $23K resistance level, dropping 1.2% in the last 24hrs.
• Major macro events could be the reason for the crypto market downturn with Ethereum dropping 4.57%.
• Investors could be less optimistic as Bitcoin and other large cap cryptocurrencies are highly correlated with tech stocks.

Bitcoin price has been on a roller coaster ride this January, starting off the year with a large spike in value and now taking a sharp U-turn downwards. The flagship cryptocurrency is currently selling at $22,656 after losing 1.2% in the last 24hrs, while lead altcoin Ethereum has lost 4.57% and is trading at $1,553. This recent downward shift has caused many investors to question what could be the cause behind this market downturn.

The first major factor contributing to this market downswing is the high correlation between Bitcoin and other large cap cryptocurrencies and tech stocks. As tech stocks have plummeted in value due to macro events such as the US-China trade war and the pandemic, this has had a ripple effect on the crypto market, causing Bitcoin and other cryptocurrencies to lose the crucial $23K resistance level. This is further compounded by the fact that investors have become less optimistic as they observe the downward trend of the market.

Furthermore, geopolitical tensions such as the Biden administration’s announcement that they are planning to impose tariffs on China are also having an adverse effect on the crypto market. This could be due to the fact that it is a major disruptor to global economic stability, which could lead to further market instability. Moreover, the increasing uncertainty surrounding the US Dollar and its future value is also causing investors to become less confident in the crypto market, leading to the overall downward trend.

Overall, it appears that a combination of macro events and investor sentiment is the major contributing factor to the recent market downturn. It is important for investors to remain alert and pay close attention to any new developments that could affect the crypto market in the future. Although it may appear that the market is headed for a downward spiral, it is important to remember that the market is subject to change and that there is still potential for growth.

Unlock Potential with Zilliqa ($ZIL) and BudBlockz ($BLUNT)

Bullet Points:
• Zilliqa ($ZIL) is a blockchain purpose-built to address scalability and throughput issues seen across competing networks.
• Zilliqa has a high level of utility, as it can be used to pay for transaction fees and host decentralized applications.
• BudBlockz ($BLUNT) is a privacy-focused blockchain that utilizes a mix of Proof-of-Stake and Byzantine Fault Tolerance consensus mechanisms for governance.

Article:
Altcoins are a type of cryptocurrency that is not Bitcoin and can be used to make investments. With the large number of cryptocurrencies available, it can be difficult to decide which one to invest in. However, some coins are underrated gems with huge potential, even in the current market downtrends. Two such altcoins are Zilliqa ($ZIL) and BudBlockz ($BLUNT).

Zilliqa ($ZIL) is a blockchain that was created to address scalability and throughput issues seen in competing networks. It utilizes a process known as sharding, which improves the speed of transactions and enables a greater level of scalability. This allows users to host decentralized applications (dApps) and smart contracts without having to worry about network congestion or high gas fees. The $ZIL token also has a high level of utility, as it can be used to pay for transaction fees and host dApps.

BudBlockz ($BLUNT) is a privacy-focused blockchain that utilizes a combination of Proof-of-Stake and Byzantine Fault Tolerance consensus mechanisms for governance. It allows users to send and receive payments securely and privately, and it also supports the development of various dApps that require a high level of privacy. The platform also has its own native token, the $BLUNT, which is used for transactions, staking, and as a form of reward for validators.

Both Zilliqa and BudBlockz are promising projects that are undeterred by the current market downtrends. They each offer unique and valuable features that can be utilized by investors and users alike. As such, they are worth considering when deciding which altcoins to invest in.

SEC vs Ripple Case: Outcome Could Shake Up Crypto Industry

• The SEC is currently engaged in a high-profile dispute with blockchain company Ripple, and a verdict is expected this year.
• If the SEC were to win, other cryptocurrencies would likely have to register as securities, and crypto exchanges would likely have to register under the regulations governing securities exchanges.
• This would bring the cryptocurrency sector under the SEC’s regulatory purview, potentially creating a difficult and uncertain environment for the industry.

The Securities and Exchange Commission (SEC) and blockchain company Ripple are engaged in a high-profile dispute that is expected to conclude this year. At the heart of the debate is whether the Ripple-issued XRP token is a security; the SEC maintains that it is, while Ripple and its supporters argue it is not. A victory for the SEC could have far-reaching implications for the broader cryptocurrency markets.

The SEC’s goal is to bring the cryptocurrency markets under its regulatory authority through enforcement. If the SEC were to win, other cryptocurrencies would likely be compelled to register as securities, and crypto exchanges would likely be required to register under the regulations governing securities exchanges. This would bring the cryptocurrency sector under the SEC’s regulatory purview, potentially creating a difficult and uncertain environment for the industry.

The uncertainty created by the case has already had a negative effect on the cryptocurrency markets, as investors are hesitant to invest in cryptocurrencies until the case is resolved. In addition, the SEC’s victory could potentially lead to further regulation of the industry, which could result in increased costs, a decrease in innovation, and a decrease in participation from both developers and investors.

The potential implications of the SEC’s victory in the case are significant, and it is important for investors and the industry as a whole to consider the potential implications of the case. If the SEC were to prevail, the industry would likely face increased regulation, increased costs, and decreased innovation. This could have a negative effect on the industry and could potentially lead to a decrease in investment, innovation, and participation. Therefore, it is essential that the industry is prepared for the potential implications of the SEC’s victory and is ready to adapt accordingly.

Sam Bankman-Fried Faces Serious Consequences for Alleged Crimes

• Sam Bankman-Fried (SBF) has been accused of committing wire fraud, money laundering, and consumer cash abuse.
• Attorney John E. Deaton believes that SBF’s decision to plead not guilty will only make matters worse for him.
• SBF’s trial date is still pending, but evidence and witnesses suggest that the judicial system will hold him accountable for his alleged crimes.

Sam Bankman-Fried (SBF) is a disgraced public figure currently facing charges of conspiracy to conduct wire fraud, conspiracy to commit money laundering, and conspiracy to abuse consumer cash. The rumors of his guilt circulated prior to the confirmation of the news, and recently, Crypto Attorney John E. Deaton spoke out on the matter during a FOX Business interview on January 3.

Deaton stated that SBF is „toast,“ implying that he will face severe consequences for his alleged wrongdoing, which SBF has denied. He pointed out that SBF has lived extravagantly since his extradition from the Bahamas, and that his decision to plead not guilty had only made matters worse for him. He trusts that the judicial system will continue to investigate and hold SBF accountable for his crimes, as his allies Caroline Ellison and Gary Wang have already testified to the claims against them and there is evidence to support them.

The investigation into SBF’s alleged crimes has been ongoing for months, and the trial date is still pending. However, the evidence and witnesses suggest that the judicial system will hold him accountable for his alleged crimes. This includes the testimonies of witnesses, documents, emails, and other digital evidence that could be used against him in court.

The case against SBF is being led by the U.S. Department of Justice, and they have been working hard to ensure that justice is served. If found guilty, SBF may face serious consequences, including fines and/or jail time. However, until the trial begins and the verdict is reached, it is still too early to tell what the outcome of the case will be.

Regardless of the outcome, this case serves as a reminder to those in the cryptocurrency space that the law should never be taken lightly. Those who break the law will be held accountable, and it is important to remember that there are serious consequences for those who do not abide by the law.

Former CFO Charged with $5 Million Crypto Fraud Scheme

-The Securities and Exchange Commission (SEC) recently charged former Chief Financial Officer (CFO) of African Gold Acquisition Corp, Cooper J. Morgenthau, for setting up a $5 million fraud scheme.
-The SEC alleges that Morgenthau hid his involvement in a fraudulent scheme to embezzle the company’s funds and invest them in cryptocurrencies in order to capitalize on the volatility of crypto markets and increase his wealth.
-Morgenthau is charged with violating several federal securities laws, including fraud, lying to accountants and auditors, and making false filings with the SEC.

The Securities and Exchange Commission (SEC) recently charged a former Chief Financial Officer (CFO) of African Gold Acquisition Corp, Cooper J. Morgenthau, with spearheading a $5 million fraud scheme. According to the SEC, Morgenthau is accused of hiding his involvement in a fraudulent scheme to embezzle the company’s funds and invest them in cryptocurrencies in order to capitalize on the volatility of crypto markets and increase his wealth.

Morgenthau allegedly used false documents to conceal the movement of funds from African Gold Acquisition Corp’s accounts. To facilitate his scheme, he is charged with violating several federal securities laws, including fraud, lying to accountants and auditors, and making false filings with the SEC. The SEC believes that he was attempting to use the embezzled funds to speculate on the cryptocurrency markets and increase his personal wealth.

The SEC has charged Morgenthau with violating several laws, including fraud, making false statements to accountants and auditors, and making false filings with the SEC. If found guilty, Morgenthau could face civil penalties including forfeiture of the proceeds from his scheme and disgorgement of his ill-gotten gains, as well as criminal charges.

The SEC’s Division of Enforcement has also taken action against African Gold Acquisition Corp, alleging that the company had failed to maintain adequate internal controls and had not disclosed the fraudulent activity. The SEC is seeking a permanent injunction, penalties, and other remedies against the company.

The SEC’s case against Morgenthau and African Gold Acquisition Corp serves as a reminder of the importance of maintaining effective internal controls and complying with all applicable federal securities laws. Companies should adhere to best practices and ensure that their financial statements are accurate and their internal controls are adequate. Failure to do so may have serious consequences and could result in civil or criminal penalties.

Bitcoin Investor Überprüfung 2021 – Betrug oder nicht?

Bitcoin Investor mit Sitz in Hongkong bietet fortschrittliche Handelsdienstleistungen für alle, die Kryptowährungen tauschen und handeln möchten. Als führender Liquiditäts- und Volumenanbieter auf dem Markt bietet Bitcoin Investor Margin Trading mit bis zu 3,3-facher Hebelwirkung und OTC-Handelsoptionen für private Händler.

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Bitcoin Investor Einführung

Über Bitcoin Investor

Bitcoin Investor ist eine in Hongkong ansässige Handelsplattform, die fortschrittliche Dienstleistungen für Kryptowährungshändler anbietet. Das Unternehmen hinter Bitcoin Investor ist iFinex Inc, eine auf der britischen Jungferninsel registrierte Gesellschaft mit Hauptsitz in Hongkong.

Die Börse wurde im Jahr 2012 von Raphael Nicolle gegründet. Nicolle begann seine Karriere als IT-Spezialist in Paris, wo er in den Bitcoin-Handel einstieg. Er erkannte bald die Möglichkeiten, die der sich entwickelnde Kryptowährungsmarkt bot, und beschloss, Bitcoin Investor als Ein-Mann-Unternehmen zu gründen, das Bitcoin-Handel und Kreditoptionen anbietet. Er war der CTO und leitende Entwickler der Plattform bis 2015, als er seine Rolle an Paolo Ardoino übergab, der diese Position auch heute noch innehat. Der CEO von Bitcoin Investor ist Jean-Louis van der Velde, der über 30 Jahre Erfahrung in der Tech-Branche hat. Der ursprünglich aus den Niederlanden stammende Jean-Louis ist nach Asien gewechselt und leitet die Börse seit Anfang 2013 von Hongkong aus. Jean Louis ist auch der CEO von Tether.

Bitcoin Investor Senior Team

Ursprünglich begann Bitcoin Investor sein Geschäft im Jahr 2012 als Peer-to-Peer-Plattform für den Austausch von Kryptowährungen mit dem Angebot von P2P-Margin-Krediten für Händler von Bitcoin und anderen Altcoins. Später wechselten sie zu einer zentralisierten Handelsmaschine. Bitcoin Investor ist auch mit der Kryptowährung Tether verbunden, einer der ersten und beliebtesten Stablecoins, die an den US-Dollar gekoppelt sind.

Tether und Bitcoin Investor haben gemeinsame Aktionäre und ein gemeinsames Management. Tether ist konstruktionsbedingt auf einen Wert von 1 USD festgelegt und hält für jeden ausgegebenen Tether-Münzen einen entsprechenden Betrag an Reserven. Seit 2018 tauchen von Zeit zu Zeit Gerüchte über das Fehlen ausreichender Reserven und mögliche Marktmanipulationen des Bitcoin-Preises im Zusammenhang mit der Ausgabe von Tether-Münzen auf. Bislang haben Prüfungen die rechtliche Grundlage der Geschäftstätigkeit des Unternehmens bestätigt.

Ursprünglich war das Unternehmen vor allem auf den US-Markt ausgerichtet, bietet aber seit August 2018 aufgrund des sich ändernden regulatorischen Umfelds keine Dienstleistungen mehr für US-Kunden an. Die Beschränkungen gelten nur für US-Einwohner, die Nutzung der Plattform aus den Vereinigten Staaten ist jedoch weiterhin erlaubt. Inzwischen hat Bitcoin Investor sein Geschäft auf weltweite Kunden ausgeweitet und bedient fast alle Länder der Welt.

Bitcoin Investor ist auf den wichtigsten Social-Media-Plattformen aktiv vertreten. Auf Twitter @Bitcoin Investor können Sie alle wichtigen Updates und Ankündigungen verfolgen, die die Plattform betreffen. Die 18.000 Follower werden auch auf Facebook über systembezogene Informationen informiert. Das Unternehmen hat auch ein Linkedin-Profil. Auf dem offiziellen Telegram-Kanal helfen die Administratoren bei der Beantwortung allgemeiner Fragen zur Plattform, zum Handel und zu Compliance-Verfahren. Auf dem Blog von Bitcoin Investor können Sie interessante Geschichten, Nachrichten über die Börsennotierung und Anleitungen lesen.

Het Ether Fund van 3iQ begint met $ CAD-handel op TSX na de mijlpaal van $ 1 miljard van Bitcoin Fund

De Canadese investeringsfondsbeheerder 3iQ is vandaag in het nieuws nadat het aankondigde dat zijn op Ether gebaseerde fonds, The Ether Fund (TSX: QETH.UN), nu in Canadese dollars genoteerd staat aan de Toronto Stock Exchange (TSX).

De ontwikkeling in kwestie komt doordat The Ether Fund een overweldigende vraag van investeerders ontving na de succesvolle beursgang van het fonds op de Toronto Stock Exchange.

Het werd verwelkomd door Fred Pye, voorzitter van 3iQ, die zei:

„Ten slotte hebben Canadese investeerders de mogelijkheid om The Ether Fund te verhandelen in hun eigen valuta en via hun lokaal gedomineerde rekeningen.“

Volgens een rapport van 3iQ maakt het fonds een allocatie van 99,9% naar de digitale activa en slechts 0,01% naar de USD, waardoor beleggers een aanzienlijke blootstelling aan ETH krijgen.

De meeste beleggers zien dit fonds als een geschikt alternatief voor directe investeringen in ETH, aangezien hun vermogensgroei op lange termijn kan worden gerealiseerd via in Canada geregistreerde rekeningen RRSP en RRIF.

Dit soort gereguleerde blootstelling aan een ander type activaklasse op een grote effectenbeurs biedt financiële adviseurs en instellingen een manier om allocaties te doen naar cryptocurrencies

Ethereum [ETH] is ’s werelds op een na grootste cryptocurrency qua marktkapitalisatie, met een altcoin die op het moment van schrijven rond de $ 1.200 handelde. Hoewel ETH nog steeds een beetje verwijderd was van het overtreden van zijn ATH van $ 1.448, suggereerden on-chain-statistieken dat de altcoin binnenkort onderweg kan zijn.

De prijsvoorspellingen op de lange termijn voor het digitale activum waren zelfs extreem optimistisch, waarbij Global Macro-investeerder Raoul Pal een van degenen was die dergelijke voorspellingen deed. Volgens Pal zou ETH op basis van de wet van Metcalfe een nieuw record kunnen bereiken, dichtbij de $ 20.000.

Er moet ook worden opgemerkt dat 3iQ de eerste investeringsmanager was die werd goedgekeurd door de Ontario Securities Commission (OSC) om op te treden als een IFM / PM van meerdere crypto-activa in Canada.

In gerelateerd nieuws, gisteren, 3iQs Bitcoin Fund gekruist $ 1 miljard dollar aan activa onder beheer (AUM).

Rally mode: bitcoin back on track

While Bitcoin network activity is on a record chase, the overall crypto market is witnessing rising capital inflows that are pushing the cryptocurrency back towards $40,000.

Only briefly lasted the respite that the bulls took after the efforts of the last few weeks. With a 24-hour plus of over 9 percent, the bitcoin price seamlessly resumed where it had stopped at the beginning of the week. At press time, the digital currency is trading at $38,379, putting it back in position for an assault on the $40,000 mark.

Bitcoin price in the weekly chart

While the Bitcoin Profit is struggling to bottom above the symbolic key mark, almost the entire crypto market starts the trading day under good omens. On a daily basis, the top 10 coins are gaining in value, in some cases significantly, with the DeFi coins Polkadot (DOT) and Chainlink (LINK) leading the way with double-digit price gains.

With a strong 69 percent dominance over the altcoins, crypto bandwagon Bitcoin is gradually leading the overall market back toward all-time highs. Overnight, total market capitalization has once again passed the US$1 trillion mark in Bitcoin’s wake, falling just US$10 billion short of the preliminary peak.

Bitcoin network activity

However, indicators at the network level also show a continued growth trend. While total market capitalization is only a few meters away from an all-time high, on-chain activity has already set a new record high with around 1,343,000 BTC addresses actively in use as of January 6. With over 1,100,000 addresses sending or receiving transactions, the figure remains at peak levels and underscores exceedingly brisk trading activity on the Bitcoin Blockchain.

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Here, the figure is fed by an increase in both new and wealthy wallets. As the chart below from Glassnode shows, the number of newly registered BTC addresses, which has been rising consistently in recent months, continues to catch up toward an all-time high. Even though the value can be driven up by multiple addresses managed by individuals, the metric reveals a rising demand among new investors for Bitcoin.

New Bitcoin addresses

Meanwhile, the Whale population is also rising sharply. With over 2,400 of the Bitcoin whale genus, the number of investors holding 1,000 or more Bitcoin is also at record levels. The chart shows that the entry of institutional investors into the market correlates strongly with the Bitcoin price fireworks of recent months. No wonder, after all, they are accumulating considerable amounts of BTC and thus steadily tightening the bitcoin supply in circulation.
Bitcoin whales

Putting the pieces of the puzzle together, an exceedingly bullish picture emerges for the coming weeks. Consistent increases among both new and large investors form the basis for a lasting Bitcoin rally.

Diginex to raise $38m to develop crypto derivatives ecosystem

Hong Kong-based blockchain company Diginex will raise $38.6 million through the sale of 2.57 million shares to develop its cryptocurrency product line, according to a press release.
Diginex has entered into a definitive agreement with a number of institutional investors for their participation in the private placement. The company plans to sell 2,571,699 shares and warrants for a similar number of shares at $15 and an exercise price of $18.75 in three years.

If the terms of the offer are met, the deal will close on 13 January.

In January, cryptocurrency exchange EQUOS, operated by Diginex, added a perpetual bitcoin contract to its listing.

The EQUOS ecosystem includes a regulated asset manager, cold and combined custodial solutions, capital markets and securitisation advisory services, and a trading platform.

As a reminder, at the end of 2020, Diginex became the first cryptocurrency exchange operator to have its shares added to the Nasdaq stock exchange listing.

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