Un apparente „glitch“ su PDAX ha temporaneamente abbassato i prezzi di BTC dell’88% e ha visto il trading sospeso. Lo scambio ha tenuto una conferenza stampa ieri per spiegare cosa è successo.

Uno dei più grandi scambi di criptovalute del sud-est asiatico sta accusando un problema tecnico per il prezzo di Bitcoin che è sceso a 300.000 PHP, circa $ 6.100, il 16 febbraio

Un numero imprecisato di clienti del Philippine Digital Assets Exchange, o PDAX, è riuscito ad acquistare migliaia di BTC dall’exchange con uno sconto enorme, rendendoli miliardari in valuta locale sulla carta, almeno per poche ore.

Un certo numero di clienti PDAX ha ritirato il Crypto Trader acquistato , fino al limite dell’exchange sui conti individuali di un BTC ogni 24 ore. Secondo quanto riferito, PDAX chiede a questi utenti di rimborsare i BTC ottenuti durante il crash sotto la minaccia di potenziali azioni legali.

Il problema tecnico ha portato a una chiusura di 36 ore e diversi utenti continuano a segnalare di rimanere bloccati al di fuori dei propri account.

Un utente, che è riuscito ad acquistare Bitcoin quando è sceso a 300.000 PHP da 2,4 milioni di PHP, si è rivolto a Reddit per chiedere opinioni sull’opportunità o meno di restituire il Bitcoin, ricevendo un’ondata di risposte contrastanti.

„Sono riuscito a trasferire il BTC acquistato su un altro portafoglio al di fuori di PDAX appena prima che chiudessero il trading e infine il sito Web“, ha spiegato il Redditor in un thread su r / phinvest

„Dopo quasi 24 ore, mi hanno inviato una lettera di richiesta e un SMS, chiedendomi di trasferire indietro il BTC, che è stato acquistato entro i miei diritti senza violare alcuna legge o regolamento della piattaforma di trading, oppure“ potrebbero „essere costretti a prendere azioni legali contro di me. “

Il 23 febbraio, il CEO di PDAX Nichel Gaba ha tenuto una conferenza stampa per chiarire ulteriormente cosa fosse successo la settimana precedente. Ha spiegato che l’onere imposto allo scambio da una raffica di attività imprevista aveva introdotto un problema tecnico che consentiva di abbinare un ordine non finanziato a un ordine finanziato. Secondo Gaba, ciò ha portato a un effetto a cascata che ha fatto scendere il prezzo di BTC al di sotto di livelli ragionevoli.

„È molto comprensibile che molti utenti si sentano sconvolti dal fatto di essere stati in grado di acquistare ciò che pensavano fosse lì per Bitcoin a prezzi molto bassi. Ma sfortunatamente, i Bitcoin sottostanti non sono mai stati in possesso dello scambio, quindi non c’è mai davvero nulla da comprare o vendere „.

Gaba ha sottolineato che di tutti i clienti dell’exchange, solo „lo 0,2% non è in grado di accedere ai propri account“ al 23 febbraio.

Fondata nel 2019, PDAX è autorizzata a operare come borsa valori dalla banca centrale delle Filippine. La chiusura dello scambio il 16 febbraio si è verificata durante un momento cruciale nella storia di Bitcoin poiché il suo prezzo è salito sopra i $ 50k per la prima volta.

PDAX non è solo nella sua sfida di crescere per soddisfare la domanda dei suoi utenti , poiché anche Coinbase e Binance hanno subito interruzioni del servizio quest’anno .

Hashratet af Bitcoins netværk såvel som minedriftens vanskeligheder er begge steget til friske all-time høje værdier.

Hashratet på Bitcoins netværk steg til endnu en heltidshøjde, denne gang over 155 millioner TH / s. Samtidig gik blockchain igennem en anden justering, der øgede sværhedsgraden til en egen rekord.

Bitcoin Hash-rate til friske højder

Hashhastigheden er en måleenhed for BTC-netets processorkraft. Jo flere minearbejdere sætter deres beregningsenheder på arbejde, jo højere går hash-hastigheden, hvilket gør systemet mere sikkert og robust.

Da over 60% af Bitcoin Loophole-minearbejdere er placeret i Kina, har deres adfærd den største indflydelse på processen. Som sådan faldt hashhastigheden til lige nord for 100M TH / s, da kinesiske minearbejdere begyndte at migrere efter afslutningen af ​​regntiden i Sichuan-provinsen.

Imidlertid vendte tendensen sig hurtigt, da de bosatte sig i andre dele af det asiatiske land. På mindre end to måneder gik hashprocenten tilbage til de tidligere niveauer og gik til en heltidshøjde i begyndelsen af ​​januar, som CryptoPotato rapporterede.

Spol frem endnu en måned, og metricen har malet endnu en rekord på over 156 millioner TH/s.

Desuden bragte overvågningsressourcen Cryptowatch en anden spændende fortælling. Det læser, at genopretningen i hash-hastigheden efter regntiden i 2020/2021 kom hurtigere sammenlignet med samme periode i 2019/2020.

Dette betyder, at selvom halveringen i 2020 reducerede belønningerne, som minearbejdere modtager for deres arbejde til 6,25 BTC pr. Blok, har de ikke forladt netværket – tværtimod.

Minedrift vanskeligheder over 21T

Ved oprettelsen af ​​BTC-netværket indsatte Satoshi Nakamoto en selvjusterende mekanisme, der kunne gøre det sværere eller lettere for minearbejdere afhængigt af deres aktive antal.

Som sådan gennemgår netværket en automatisk justeringsproces hver 2.016 blokke (ca. hver anden uge). Den generelle tommelfingerregel antyder, at deltagelse af mange minearbejdere vil øge minedriftens vanskeligheder. Alternativt, når der er en udstrømning, som det skete i den ovenfor nævnte migrationsperiode, vil systemet gøre det lettere.

Med den voksende hashrate er det dog tydeligt, at minearbejdere aktivt sætter deres enheder på arbejde på netværket, hvilket betød, at den sidste justering (den 6. februar) var nødvendig for at gøre det sværere.

Data fra Blockchain.com bekræfter dette – en stigning på 3% for sværhedsgraden og indstiller en ny all-time high for metricen. Bare til sammenligning var denne måling faldet til 16,8T i begyndelsen af ​​november, da kinesiske minearbejdere migrerede.

USDC, The $ 6 Billion Stablecoin, has finally launched into the Stellar ecosystem.

Visa previously announced that the company will connect its global payments network to the USDC.

Using USDC on the Stellar blockchain is believed to transact faster and cheaper than on Ethereum.

The Stellar Development Foundation (SDF) and Circle have revealed that the US Dollar (USDC) asset is indeed on the Stellar Network.

Circle, the leading fintech company behind USDC’s development , is often cited as a pro-regulation organization. In a blog post on Tuesday , February 2 , the foundation explained that users can access USDC through Stellar’s decentralized exchange and five wallets built into Stellar.

The USDC can be negotiated with six pairs of stablecoins on the entire ecosystem of 9000 assets of Stellar . As for the developers, they have the possibility of accepting payments without limits.

They can also issue programmable payments, create markets, and later receive a return on top of their balance through a special free API service provided by Circle.

Credit card giant accelerated the launch of USDC

The foundation and the Center Consortium announced Stellar as the official USDC chain in October 2020. This should reduce stablecoin’s reliance on the Ethereum blockchain .

The number of USDC tokens in circulation has doubled since the credit card company Visa partnered with Circle to integrate USDC into its payment network of 60 million merchants.

Notably, over the past year, the USDC’s market capitalization has jumped over 1,000% . That’s an increase of more than ten times. Meanwhile, the total number of operations on the Stellar network has exceeded 1.5 billion. And last year, it saw 104% year-over-year growth, according to the announcement.

Speaking to Forbes , Denelle Dixon of the Stellar Development Foundation said that Stellar needs a strong and stable asset:

„We want to make cross-border payments quickly, this will help provide scale.“

A new age

The SDF also revealed that ecosystem companies FinClusive, Stably and JST will provide liquidity and on / off ramps. In turn, six additional platforms, including Wyre, will connect USDC to their payment transactions. The Stellar Development Foundation recently invested $ 5 million in Wyre.

Commenting on these collaborations, Dixon said:

“This integration will be an engine of growth in the Stellar ecosystem towards achieving our mission of creating equitable access to the global financial system. It presents significant business opportunities for new and existing businesses to leverage the respective strengths of USDC and Stellar. “

Following his statement, Jeremy Allaire, President and CEO of Circle, pointed out that Stellar is creating „a new generation of financial applications :“

“Having a stable and transparent dollar, like USDC, in the marketplace and available in Circle’s API service suite for payments and treasury operations will help accelerate the pace and scale of these innovations.”

Neue Regulierungen, der Einstieg von Institutionen und die globale wirtschaftliche Unsicherheit haben dazu beigetragen, dass Bitcoin gereift ist und zu einer sicheren und zuverlässigen Investitionsoption geworden ist.

Bitcoin ist als Vermögenswert in den letzten Jahren gereift und ist jetzt eine sichere Investition wie Gold und Anleihen, sagte SkyBridge Capital’s Anthony Scaramucci und Brett Messing.

In einem kürzlich veröffentlichten gemeinsamen Beitrag hob das Duo auch die Unantastbarkeit von BTC als bedeutenden Vorzug hervor, der die Einzigartigkeit von Bitcoin unterstreicht.

BTC ist so sicher wie Gold und Anleihen

Anthony Scaramucci, der Mitbegründer der großen Wall-Street-Investmentfirma SkyBridge Capital, und der Präsident und COO der Firma, Brett Messing, veröffentlichten einen meinungsstarken Beitrag in einem Versuch, einige der beliebtesten Mythen und Risiken in Bezug auf BTC-Investitionen zu entlarven.

Sie räumten mehrere solcher „einzigartigen und ausgeprägten Risiken“ ein, darunter die Möglichkeit, die privaten Schlüssel zu einer Brieftasche zu verlieren, in der die Benutzer das Bitcoin-Vermögen speichern, und verstärkte Preisschwankungen.

Während ersteres mehr persönliche Sorgfalt erfordert, ändert sich letzteres mit „neuen Regeln und Vorschriften, die eine breitere institutionelle Annahme angespornt haben.“ Ein solches Beispiel kam letztes Jahr, als das US Office of Comptroller of Currency Banken und Depotbanken autorisierte, Kryptowährungsdienste hinzuzufügen.

Diese Zeichen der Reifung machten Bitcoin für Institutionen attraktiver, da mehrere prominente Namen beträchtliche Allokationen vornahmen und das Asset offen lobten. So ist BTC mit einigen der traditionellsten und sichersten Anlageklassen vergleichbar geworden:

„Erhöhte Regulierungen, verbesserte Infrastruktur und der Zugang zu Finanzinstitutionen – wie Fidelity -, die das Geld der Investoren halten, haben Bitcoin-Investitionen so sicher gemacht wie der Besitz von Anleihen und Rohstoffen wie Gold, die auch zum Ausgleich von Portfolios verwendet werden.“

Die Führungskräfte wiesen auch darauf hin, dass BTC noch sehr früh in der Adoptionsphase ist, und dass es „einen bedeutenden langfristigen Wert bietet.“ Bitcoin, als aufstrebende Anlageklasse, befindet sich derzeit irgendwo zwischen „einer Infrastruktur, die eine breitere Akzeptanz ermöglicht“ und „Raum für Wertsteigerungen lässt.“

Die Volatilität von BTC ansprechen

Eine der berüchtigtsten Eigenschaften von Bitcoin ist seine Volatilität. Die primäre Kryptowährung ist an einem Tag mehr als einmal um zweistellige Prozentsätze nach oben oder unten gegangen. Scaramucci und Messing führten diese Bewegungen jedoch auf seine „Neuheit“ und das Fehlen einer klaren Regulierung zurück.

Die Situation ändert sich jedoch, da immer mehr Aufsichtsbehörden weltweit neue Regulierungen prüfen und umsetzen. Folglich argumentierte das Duo, dass vermögende Privatpersonen, Makro-Fonds, Hedge-Fonds und Lebensversicherungsgesellschaften von der stabileren Umgebung“ der BTC-Investitionen angezogen werden.

Unabhängig davon wurde in dem Beitrag die wirtschaftliche Unsicherheit angesprochen, die durch den Ausbruch von COVID-19 ausgelöst wurde und die Regierungen der Welt zu extremen Maßnahmen veranlasste. In solchen Momenten neigen Investoren und sogar normale Menschen dazu, sich für materielle Vermögenswerte wie Gold zu entscheiden und vernachlässigen immaterielle Optionen wie BTC. Das Duo glaubt jedoch, dass diese besondere Eigenschaft die Stärke der Kryptowährung darstellt:

„Bitcoin ist wertvoll wegen – nicht trotz – seiner Unantastbarkeit. Man kann immer nach mehr Gold schürfen. Bitcoin ist einzigartig unter den Vermögenswerten, da es das erste Wertaufbewahrungsmittel der Welt ist, bei dem das Angebot völlig unbeeinflusst von einer erhöhten Nachfrage ist.“

Der milliardenschwere Hedgefonds SkyBridge Capital hat Anfang des Jahres einen Bitcoin Fund L.P. mit einer Anfangsinvestition von 25 Millionen Dollar aufgelegt. Scaramucci wird als Manager des Fonds dienen, und sein Ziel ist es, „Bitcoin zu demokratisieren.“

Bitcoin isn’t that bad after all – Even though some senior financial officials, like Christine Lagarde (the President of the ECB), continue to denigrate Bitcoin Era platform, others are starting to admit that it’s not just a passing fad. This is the case today of Larry Summers, former secretary of the US Treasury.

The secret of Bitcoin: a strictly limited supply

Lawrence Henry Summers was US Secretary of the Treasury under Bill Clinton from 1999 to 2001. In 2014, he also came close to becoming head of the US Federal Reserve ( Fed ), before Janet Yellen was preferred to him.

During an interview given to Bloomberg’s Wall Street Week show , Larry Summers was asked to give his opinion on the cryptocurrency universe , in particular on the bubble situation (or not) of current Bitcoin prices :

“I think an institution like Bitcoin is here to stay. I don’t think that all of this will collapse (…) ”

Bitcoin, a currency with a golden future?

The former Treasury secretary also mentioned that he believes Bitcoin to be „much more resilient“ than other currencies or assets. This quality could lead to more and more people taking an interest in it, which, combined with its “limited supply” , could well “increase the price” of bitcoin.

That’s a surprisingly optimistic statement for the crypto king, especially from a former head of financial institutions.

Summers is not the only one to change his mind: at the same time, former Canadian Prime Minister Stephen Harper quietly compared Bitcoin antique value refug e gold . According to the latter, the two assets would be the only 2 serious challengers of the US dollar as a global reserve currency.

Twitter, posts can be bought and become NFTs

Posts on Twitter become NFT. This is what Cent, a social media company that launched Valuables, has created.

Thanks to this platform, users can literally buy tweets, paying for them with Ethereum. Valuables already has a volume of over $150,000.

Cent had already made a name for itself by enabling Ethereum transfers between Bitcoin System users of its social network.

This time he has done more: he has made it possible for there to be offers to buy tweets produced, which are in fact tokenized by becoming NFTs.

How NFTs work on Twitter

According to Voice, the social network based on the EOS blockchain, the original idea was to create „tradable“ posts. It was supposed to be just another function of Cent, to increase engagement on the platform, creating a market that wasn’t there before.

The operation is simple: a browser such as Google Chrome or Brave, with an extension for the Metamask wallet, must be used, or it can be done via the Metamask app and Coinbase wallet in their internal browser.

The user via Valuable has to paste the link to the tweet he wants to buy and make his offer

The author must accept it. After the transaction, strictly in Ethereum, a certificate of ownership is issued on the Matic blockchain. The tweet never leaves Twitter.

The creators of this system, Matthew and Cameron from Cent, are aware that the transformation of Twitter into a large NFT marketplace is currently not a breakthrough for either the economy or the crypto ecosystem. It is mostly a game, something to pass the time.

They speculate, for example, that one day they might make an offer to Elon Musk to buy one of his tweets.

„I think he would laugh if he saw the offer tweet and for no other reason. It’s a bit weird, I suppose, but my gut tells me that if I’m having so much fun with this concept, it’s worth picking up (to some extent) just for that reason.“

After all, they say, part of the crypto world is based on memes, and in this sense the case of Dogecoin is emblematic.

The ambition, however, goes out of the context of the game:

„If it works, it could end up doing something really remarkable. I’m going to be watching this closely, because if we start to see Twitter users provide a real value stream to meme-makers and curators, we could soon see Valuables start to take over all of today’s social media platforms and add an agnostic layer to the pile of technology we use to interact with each of them. How? By simply allowing people to pay creators to create things they like, wherever they are.“

It’s something that is bound to broaden the debate over social media platforms, which have been called into question since Donald Trump’s unilateral ban on accounts.

eToro would join Coinbase in the shortlist of companies planning a listing on regulated markets in 2021

Trading platform eToro could go public in 2021. Sources have told Cointelegraph that the company is working with the London Stock Exchange’s „Elite“ program to prepare for an IPO. Cointelegraph contacted a company representative to get more information, who simply replied, „eToro does not comment on market rumours.“

However, eToro employees shared on LinkedIn an article from the Israeli news agency Calcalist announcing the IPO, apparently with the approval of CEO Yoni Assia.

The Calcalist article states:

„The company is targeting an IPO in the second quarter of 2021, after doubling its revenue to $500 million and gaining five million new customers in 2020. […] The company is currently in talks with investment bank Goldman Sachs regarding leading the IPO.“

Coinbase recently filed preliminary documents with the US Securities and Exchange Commission to launch an IPO, scheduled for 2021.

Several mainstream financial companies, such as MicroStrategy, have started a trend of institutional investment in Bitcoin. Coinbase’s decision to list on regulated markets, as eToro seems to want to do, could spur further growth in cryptocurrency adoption. Voyager, a brokerage platform for digital assets, has decided to enter the Canadian market in February 2019.

OKEx research shows sellers are trading larger as the price of BTC has risen.

Retail customers bought as the price rose.

Professionals bought during the American Thanksgiving holiday

Research from OKEx analyzed BTC / USDT trading patterns from August to November 2020 and found that retail traders were losing to whales.

In its research , the Bitcoin Up review team filtered trades by trade size and direction to see how various types of market players performed during the bull run from August to November 2020 .

Get directions

According to the researchers, sorting by business size is straightforward. However, the commercial orientation is difficult and the researchers have carefully explained their methodology.

The authors look at trades from a payee’s perspective using a Kaiko algorithm . That is, they look at the type of order placed and whether the buy or sell orders have been executed for each order size.

Classification by Bitcoin trader category

Bitcoin traders have been classified into four categories based on the size of the trade:

The OKEx team explains that these groupings correspond to market personalities and are generally referred to as retail traders, professionals, large traders or whales and institutions. The behavior of each type of trader falls roughly into these categories and volumes.

So, what happened?

According to OKEx, small retail traders were on a buying spree as BTC continued to advance at around $ 15,000. Retailers joined the mix after that.

Transactions under two BTCs remained largely purchased until the end of November. However, trades above two BTCs were more often than not sales, according to the data. The following charts give a good idea of ​​the trend:

Net percentage difference between purchases and sales based on the volume weighted average