WisdomTree: the next candidate for a Bitcoin ETF

It’s already happened in Canada, now US investors finally want a Bitcoin ETF too. It’s certainly not for lack of applications, as the latest example WisdomTree shows.

The Bitcoin ETF chapter is entering the next round in the USA. As has now become known, the New York-based asset manager WisdomTree has applied for an exchange-traded Bitcoin fund at the U.S. Securities and Exchange Commission (SEC). The application reached the US Securities and Exchange Commission on 11 March. If granted, the WisdomTree Bitcoin Trust would be launched on the Chicago Board Options Exchange’s BZX platform under the ticker BTCW. The contracts would be Bitcoin News Trader settled according to CF Benchmarks‘ „CF Bitcoin US Settlement Price“, a price index that tracks the price on major BTC spot exchanges.

This is by no means the first time that WisdomTree has ventured into the crypto market. It already has an ETH fund that is one of the leading institutional investments of its kind. A little more than a year ago, WisdomTree also decided on a strategic partnership with the blockchain start-up Securrency. Since the goal of the investment at the time was to develop regulation-compliant blockchain solutions for the exchange-traded fund, the current application to the SEC seems only logical.

WisdomTree has been present with crypto products for some time now

However, WisdomTree already applied for an ETF in June 2020 with the aim of investing up to five per cent of its capital in BTC futures contracts. In doing so, this fund, named „WisdomTree Enhanced Commodity Strategy“, is mainly focused on energy, agriculture and metals. In December 2019, the company launched a physically-backed, exchange-traded Bitcoin product listed on the SIX Swiss Exchange.

WisdomTree’s application joins a phalanx of companies seeking SEC approval for a bitcoin ETF. Just last month, NYDIG, a financial services company specialising in cryptocurrencies, applied for a Bitcoin ETF. After all, the leading US investment bank Morgan Stanley could be won as a partner for this project. But so far, the SEC has put all applicants in their place. Can a change of course be expected with Gary Gensler, the new man at the helm of the SEC? In neighbouring Canada, they have already come this far. The hopes of the crypto community for a licence rest on SEC Commissioner Hester Peirce. That is why she has been given the nickname „Crypto Mom“. In her opinion, approval should only be a matter of time, because otherwise investors would have to resort to „less optimal“ solutions.

Anthony Scaramucci, grunnleggeren av det alternative investeringsselskapet Skybridge, sier hvorfor han satser stort på Bitcoin.

Når han snakket med Forbes, uttalte Scaramucci at både han og hans forskerteam opprinnelig var skeptiske til Bitcoin Evolution. Etter en treårig evalueringsprosess konkluderte han imidlertid med at det er „bedre å være gull enn gull.“

Hvordan Bitcoin vant Scaramucci

Ved å overvinne sine første tvil om Bitcoin vurderte Scaramucci situasjonen fra flere vinkler. Han tok et blad fra Warren Buffetts tankestil og ønsket ikke å investere i noe han ikke forsto. Det var også dvelende bekymringer om at det kunne gå til null.

Likevel konkluderte han over tid at det var en investeringsmulighet for livet. Han gir tre grunner til denne hjerteskiftet. For det første trekker Scaramucci oppmerksomhet mot de tusenvis av rivaliserende blokkjeder som har kommet (og gått) siden 2009, men likevel har alle ikke klart å fortrenge Bitcoin som den ledende kryptovalutaen.

„Hvis du ser på bitcoins markedsverdi i forhold til alt annet der ute, dverver det alt og lukker inn på 1 billion dollar.“

I tillegg beskriver Scaramucci BTC som en „ugjennomtrengelig“ utveksling mellom to mennesker, som han ser på som penger reimaged for det 21. århundre.

Og til slutt fremhever hans observasjoner av det moderne samfunnet hvordan teknologien har dannet nettverk. Disse nettverkene, sier han, har enorm verdi. Han peker på eksempler, inkludert Amazon som detaljhandelsnettverket og Facebook som det sosiale nettverket. Og han betrakter Bitcoin som det monetære nettverket.

“Bitcoin er et monetært nettverk. Når vi ser på hva som har skjedd i det 21. århundre, har vi sett utviklingen til et detaljhandelsnettverk som er kjent som Amazon. Vi har sett revolusjonen til et sosialt nettverk som heter Facebook. Vi har et søke- og annonsenettverk kjent som Google. ”

Hans avsluttende kommentarer sier at Bitcoin kan fungere som en alternativ butikk av verdi til gull. Men etter hans mening er Bitcoin det bedre valget.

Gull er på skrå

Scaramucci utdypet ikke hvorfor han mener at Bitcoin er bedre enn gull, men det er mange poeng å gjøre her.

Tilførselen av gull er ukjent; dette forsterkes av det faktum at gruveselskaper kan oppdage nye gullreserver. Det vil bare være 21 millioner BTC, og dette gjør Bitcoin til en vanskeligere ressurs enn gull. Andre peker på at Bitcoin er upolitisk. Men den største fordelen er kanskje mer praktisk lagring og bedre bærbarhet.

Siden begynnelsen av 2021 har Bitcoin overgått gull. I løpet av de siste fem ukene har gull mistet 8%, og spesielt i dag har det vært en fryktelig dag for gullbugs. I kontrast er Bitcoin opp 14% i løpet av samme periode.

Peter Schiff ser ingen grunnleggende årsak til utsalget i gull. Han tilskriver det hval som plukker den lille fyren. Likevel, basert på dagens prisytelse, har Bitcoin vist seg å være bedre til å være gull enn gull.

29 stycznia wygasają opcje na Bitcoina o rekordowej wartości 4 miliardów dolarów i wiele wskaźników sugeruje, że byki mają przewagę.

W ciągu ostatnich dwóch tygodni, cena Bitcoin wydaje się tracić impet i niektórzy analitycy sugerują, że niedźwiedzie będą pod kontrolą w przewidywalnej przyszłości.

Spojrzenie na dane dotyczące rynku instrumentów pochodnych daje jaśniejszy obraz tego, co dzieje się po stronie instytucjonalnej i jak ruchy większych graczy mogą wpłynąć na rynki kasowe.

Po osiągnięciu szczytu na poziomie 10,6 mld USD w dniu 14 stycznia, otwarte zainteresowanie Bitcoinem (BTC) spadło do 8,4 mld USD. Miesięczny termin wygaśnięcia 29 stycznia nadal się wyróżnia, stanowiąc 47% wszystkich opcji w grze.

Chociaż wygaśnięcie o wartości 4 miliardów dolarów może być znaczące, należy wziąć pod uwagę, że opcje te są podzielone pomiędzy opcje kupna (neutralne do byka) i bardziej niedźwiedzie opcje sprzedaży. Co więcej, posiadanie możliwości kupna BTC za $52,000 w dniu 29 stycznia mogło mieć sens kilka tygodni temu, ale teraz już nie tak bardzo.

Opcje na BTC agregują otwarte zainteresowanie.

Jak pokazują powyższe dane, absolutnym liderem pozostaje giełda Deribit z 83% udziałem w rynku. Niemniej jednak, aby zrozumieć, jak burzliwe może być to wygaśnięcie, należy dostosować dane i porównać zarówno opcje call, jak i put w pobliżu obecnego poziomu 32 000 USD BTC.

Jest jeszcze za wcześnie na panikę

Większość giełd oferuje miesięczne wygaśnięcia, a niektóre posiadają również opcje tygodniowe dla kontraktów krótkoterminowych. 25 grudnia 2020 roku miał największe wygaśnięcie w historii, ponieważ wygasły kontrakty opcyjne o wartości 2,4 miliarda dolarów. Liczba ta stanowiła 31% wszystkich otwartych interesów i pokazała, jak opcje są zazwyczaj rozłożone w ciągu roku.

Zagregowane otwarte zainteresowanie opcjami na BTC według wygaśnięcia.

Dane z Bybt.com pokazują, że kalendarz wygaśnięcia z 29 stycznia obejmuje 107.000 BTC. Ta data wygaśnięcia reprezentuje 45% otwartego interesu na rynku opcji.

Warto zauważyć, że nie każda opcja będzie handlowana w momencie wygaśnięcia, ponieważ niektóre z tych strike’ów brzmią teraz nieracjonalnie, szczególnie biorąc pod uwagę, że pozostało mniej niż pięć dni.

BTC 29 stycznia – zagregowane otwarte zainteresowanie opcjami według strike’ów.

Kiedy Bitcoin zaznaczył swój nowy rekord wszechczasów $42,000, niektóre ultra bycze opcje call zostały sprzedane, ale jak cena BTC dostosowała się, te krótkoterminowe opcje stały się bezwartościowe.

Obecnie ponad 68% opcji kupna z 29 stycznia na poziomie 40 000 USD i wyższym powinno zostać pominięte w obliczeniach. To samo można powiedzieć o niedźwiedzich opcjach sprzedaży na poziomie $25,000 i poniżej. Stanowią one 76% otwartego zainteresowania.

Dane te pozostawiają szacunkową wartość 745 milionów dolarów opcji kupna poniżej 40 000 dolarów dla zagregowanych opcji wygasających 29 stycznia. Tymczasem bardziej niedźwiedzie opcje sprzedaży powyżej 25.000 USD wynoszą 300 mln USD. Dlatego też skorygowane otwarte zainteresowanie z 29 stycznia wynosi 1,05 miliarda dolarów przy zachowaniu stosunku 0,40 opcji put do call.

Skew pokazuje, że animatorzy rynku nie są skłonni do podejmowania ryzyka wzrostowego

Analiza otwartego zainteresowania dostarcza danych z transakcji, które już się odbyły, podczas gdy wskaźnik skew monitoruje opcje w czasie rzeczywistym. Wskaźnik ten jest tym bardziej istotny, że zaledwie trzydzieści dni temu BTC był handlowany poniżej 23 500 USD. Dlatego też otwarte zainteresowanie w pobliżu tego poziomu nie wskazuje na niedźwiedzie.

Podczas analizy opcji, 30% do 20% delta skew jest najbardziej istotnym wskaźnikiem. Wskaźnik ten porównuje opcje call (kupna) i put (sprzedaży) obok siebie.

10% delta skew wskazuje, że opcje call są handlowane z lekką premią do bardziej niedźwiedzich/neutralnych opcji put. Z drugiej strony, ujemny skew przekłada się na wyższy koszt ochrony przed spadkiem i jest sygnałem, że handlowcy są niedźwiedziami.

Opcje Deribit Bitcoin 30-20% delta skew.

Zgodnie z danymi przedstawionymi powyżej, ostatni raz niedźwiedzi sentyment pojawił się 10 stycznia, kiedy cena Bitcoin spadła o 15%. Po tym ruchu nastąpiło ekstremalne 30% do 20% delta skew jako optymizm osiągnął 49, poziom niewidziany w ciągu ostatnich 12 miesięcy.

Ilekroć wskaźnik ten przekracza 20, odzwierciedla strach przed potencjalnym wzrostem cen ze strony animatorów rynku i profesjonalistów, i jest uważany za byczy. Z drugiej strony, obecny zakres od 0 do 10, który utrzymywał się od 20 stycznia, uważany jest za neutralny.

Podczas gdy wygaśnięcie opcji o wartości 4 mld USD może niepokoić, prawie 74% opcji jest już uznanych za bezwartościowe. Jeśli chodzi o wygaśnięcie 29 stycznia, byki pozostają głównie pod kontrolą ze względu na znacznie większy skorygowany otwarty interes.

Niedźwiedzie czują się dość komfortowo przy 32.000$.

Pomimo tego, że byki mają ogólną przewagę, bardziej niedźwiedzie opcje put dominują w terminach wygaśnięcia pomiędzy 33 000 a 35 000 USD. Niemniej jednak, ta przewaga 1.200 kontraktów BTC jest więcej niż kompensowana przez nierównowagę 1.950 kontraktów BTC faworyzujących opcje call od 28.000 do 32.000 USD.

Podsumowując, w obecnym stanie rzeczy byki wydają się całkowicie kontrolować piątkowe wygaśnięcie, chociaż zachęty między 28 000 a 35 000 USD są rozsądnie zrównoważone. Ogólnie rzecz biorąc, nie ma zbyt wiele do zyskania po żadnej ze stron, aby stworzyć dodatkową zmienność przed 29 stycznia.

Ricevi briefing giornalieri sulle criptovalute e rapporti settimanali sul mercato dei Bitcoin direttamente nella tua casella di posta.

Queste notizie di scambio ti sono state fornite da OKCoin, il nostro partner di scambio preferito.

Un sondaggio tra i gestori degli investimenti con oltre $ 500 milioni in gestione mostra che la maggior parte è rialzista su Bitcoin e azioni, ma si aspetta che il dollaro soccomba alle pressioni inflazionistiche.

Un ambiente di investimento basato sul rischio di Bitcoin

Il risultato del sondaggio del gestore del fondo ha rivelato che gli investitori sono molto ottimisti sulla ripresa dell’economia globale, nonostante l‘ aumento dei numeri COVID-19 .

La percentuale di gestori di fondi che si aspettano notizie positive sul mercato azionario è la più alta degli ultimi 11 anni.

Inoltre, Crypto Engine ha battuto i titoli tecnologici , che hanno tenuto il primo posto da ottobre 2020, con interesse a lungo termine, rendendo BTC il commercio più affollato. Più del 92% degli investitori che hanno preso parte al sondaggio prevede che l’inflazione sarà elevata; quindi, hanno affollato ordini a breve dollaro.

La propensione al rischio degli investimenti è a livelli record, convergendo verso azioni e Bitcoin

Risultati del sondaggio sulla propensione al rischio dei gestori di fondi con BofA. Fonte: Reuters
Le maggiori paure per i mercati sono il lento lancio dei vaccini (30% dei partecipanti), meno stimoli fiscali e monetari (29%) e lo scoppio della bolla di Wall Street (18%).

I principali gestori di hedge fund ed economisti a livello globale sono preoccupati per l’imminente inflazione del dollaro USA. Bitcoin sta lentamente emergendo come un’alternativa resiliente.

I membri del Congresso degli Stati Uniti si oppongono alla decisione del Treasury Crypto Ruling in Lettera

Una delle più grandi storie in crypto right è la notizia che il Financial Crimes Enforcement Network (FinCEN) del Ministero del Tesoro degli Stati Uniti sta lavorando a un giro di vite sui portafogli auto-nascondati in crypto.

Un documento che delinea la regola proposta suggerisce che gli scambi e altri fornitori di servizi di beni virtuali dovranno verificare il nome e l’indirizzo di coloro che Bitcoin Pro tentano di effettuare prelievi di oltre 3.000 dollari.
Letture correlate: Il fondatore di DeFi ha mirato in $8m Hack dice di avere il suo IP di hacker

La regola proposta non ha senso

Mentre questo viene fatto per prevenire i crimini criptati, alcuni pensano che non abbia alcun senso.
Ricariche e giri gratis disponibili ogni giorno, per ogni giocatore, in mBitcasino Crypto Autumn Bonanza! Gioca ora!

Kathryn Haun, un socio generale di a16z che si occupa di cripto assets, ha scritto sull’argomento:

„Ieri tardi, invece di seguire quel processo, @stevenmnuchin1 ha ridotto il periodo di commento ordinario a soli 15 giorni, non meno di un venerdì prima delle vacanze, per le regole di crittografia che per noi @a16z e altri nello spazio di crittografia non hanno molto senso“.

Ci sono altri che hanno evidenziato che questo è ridondante e solo un modo per impedire agli utenti di controllare i propri fondi. Così com’è, la maggior parte delle borse regolamentate deve prendere i nomi, gli indirizzi e altri dettagli dei trader che usano fiat. Questa nuova regola non cambia molto e in realtà va oltre quanto le tradizionali istituzioni finanziarie devono fare per le transazioni in contanti.

Questa regola ha creato un tale scalpore che i membri del Congresso degli Stati Uniti si sono schierati contro il Tesoro in una lettera scritta.
Lettura correlata: Il veterano di Wall Street Kickstarts possiede un fondo Bitcoin con 25 milioni di dollari di investimenti

Proposta di Crypto Ruling da parte del Tesoro degli Stati Uniti Opposto dai membri del Congresso

In una lettera inviata al Tesoro il 31 dicembre, 9 congressisti hanno scritto di essere preoccupati per la proposta di sentenza cripta della FinCEN:

„Scriviamo per esprimere le nostre preoccupazioni riguardo al processo di risposta alla Notice of Proposed Rulemaking (NPRM) della Financial Crimes Enforcement Network (FinCEN) relativa ai „Requisiti per alcune transazioni che coinvolgono valuta virtuale convertibile o beni digitali“. Condividiamo i vostri obiettivi di proteggere la sicurezza nazionale e di sostenere le forze dell’ordine nei loro sforzi per combattere i criminali che cercano di impegnarsi nel riciclaggio di denaro sporco, nel finanziamento illecito e in altre attività criminali. Tuttavia, siamo preoccupati che l’approccio del Dipartimento del Tesoro alla definizione di nuove e complesse regole per la registrazione e la rendicontazione delle transazioni di valuta virtuale convertibile e dei beni digitali a corso legale non offra al pubblico americano una ragionevole opportunità di risposta“.

Il gruppo sembra essere il più contrario alla mancanza di tempo concesso al popolo americano e ad altri per rispondere alla sentenza proposta.

Il gruppo che ha inviato questa lettera comprende Tom Emmer, Tom Cotton, Warren Davidson, Tulsi Gabbard e alcuni altri membri del Congresso.

Mt. Gox is one step further in the compensation process to its users.

On December 15, Mt. Gox Trustee Nobuaki Kobayashi submitted a draft rehabilitation plan to compensate Mt. Gox users

According to an official announcement posted on Mt. Gox’s website, the Tokyo District Court and an examiner will review the draft rehabilitation plan and decide whether to continue the rehabilitation process under the draft rehabilitation plan.

Shortly before, Kobayashi had received another approval to extend the deadline for submitting a rehabilitation plan. The Tokyo District Court has reportedly extended the deadline to December 15, 2020. Kobayashi had previously received several similar deadline extensions in March 2020 and April 2019 .

Founded in 2010, the Mt. Gox cryptocurrency exchange fell victim to the biggest cryptocurrency hack in history . As reported, the exchange lost a total of 1.35 million Bitcoin ( BTC ) in two hacks in 2011 and 2014 .

To date, Mt. Gox customers have still not received any compensation for their stolen funds. Japanese attorney Kobayashi has been tasked with overseeing the civil compensation process and is said to have 150,000 BTC available for repayment to users. However, the compensation has been postponed several times .

Former Japanese cryptocurrency exchange Mt. Gox is finally one step further in its compensation process

Several other former crypto exchanges have also come up with compensation plans recently. On December 9, the bankruptcy trustee of the former cryptocurrency exchange Cryptopia began to compensate creditors after a hack in 2019 .

Bitcoin har gjennomgått en sterk rally den siste måneden ettersom kjøpere skyndte seg inn etter begynnelsen av 2020-krasj. Prisen på den ledende kryptovalutaen handles for tiden for $ 18,600, som er nesten den høyeste kryptovalutaen har handlet siden bullmarkedstoppen i 2017.

Mens det ser ut til å være mange som tror mynten vil bevege seg høyere, viser data at mynten selges til en viss grad.

BITCOIN SOLGES I DENNE RALLY, KJEDE DATAVISNINGENE

Willy Woo, en fremtredende Bitcoin-analytiker, det er gamle innehavere av BTC som selger myntene sine til dette rallyet:

„Gamle hender har solgt seg inn i dette rallyet siden starten av november (BTC @ $ 13k) … ‚

Selv om dette representerer økt salgspress i dette begynnende markedet, er ikke Woo altfor bekymret. Han fortsatte med å forklare at mens tidligere topper ble preget av pigger i ødeleggelsen av Bitcoin Days, er det sannsynligvis fortsatt smarte penger som kjøper noen fall:

Det pleide å være at topper i ødeleggelse eller hvilemodus ville være et dårlig tegn for markedet ettersom gamle Bitcoins har mer erfarne mestere, og dermed smartere penger; dette vil forutsi et prisfall. I disse dager selger ikke OG hval også bunner. Smartere penger har kommet. Legg ut dette nå som mens det er så mye FOMO og sterke grunnleggende ting som blir sprengt ut, er det også tegn på at markedet blir overopphetet lokalt. Jeg vil bli veldig overrasket hvis vi bryter all-time-high på første forsøk uten avvisning eller konsolidering, før vi kjører på nytt.
Dette har blitt tydeliggjort ved inngangen til institusjonelle deltakere i kryptovalutaområdet. Disse deltakerne vil kjøre Bitcoin høyere mens gamle penger går ut.

RETAIL PENGER ENTER MASSE

Understreker dette, kommer detaljhandelpenger massivt inn i kryptorommet.

Pantera Capital co-CIO Dan Morehead skrev nylig om PayPal-brukere som akkumulerte en stor andel av Bitcoin som ble utvunnet:

“Da PayPal gikk live, begynte volumet å eksplodere. Økningen i itBit-volum innebærer at PayPal allerede i løpet av fire uker etter å ha gått live, kjøper nesten 70% av den nye tilførselen av bitcoins. PayPal og Cash App kjøper allerede mer enn 100% av alle nylig utstedte bitcoins. ”

Analytikere tror at denne detaljhandelsaktiviteten vil være avgjørende for å føre prisen på den ledende kryptovalutaen til nye heltidspunkter.

The decrease in volume and resistance to $19,500 are setting the price of Bitcoin in a range of adjustment.

As mentioned by Cointelegraph contributor Rakesh Upadhyay, the price of Bitcoin spent the weekend consolidating into a bullish flag and the $19,418 breakout was quickly eliminated by the superior resistance.

New U.S. Stimulus, Brexit and the $20,000: 5 things to watch out for with Bitcoin this week

After touching up the pennant trend line, the price dropped, falling below the 20-day moving average in the 4-hour time frame and briefly missing the $19,000 mark.
Cryptomarket daily price chart.

Overall, most traders seem to agree that after a 93% rally from USD 10,300 to USD 19,888, a period of consolidation is necessary. Cointelegraph analyst Micheal van de Poppe said:

„In the longer time frame, Crypto Code is still acting as it did last week. We continue to act in the zone of resistance of the historical maximum. I still have my eyes on USD 16,000, from which we bounced, and USD 14,000 as these areas could still be tested again for support. Maintaining USD 19,000 is important and if we have a daily close below USD 18,900, I think we will fail.

3 key metrics to keep in mind as Bitcoin’s price tries to exceed $20,000

In the daily and 4-hour time frame, traders will notice that the price is still marking lower highs and lower lows, a sign that the price range is starting to shrink.

Currently, the price is still within the trend line of the pennant as support, but a breakout in the structure will require a high volume move as there is persistent superior resistance at USD 19,500.

As mentioned in the analysis above, a fall below the USD 18,800 level will cause BTC to look for support at USD 17,900, and below it it will look for support in the USD 16,000 to USD 15,750 range.

According to Erik Voorhees, institutions will protect Bitcoin from government overreach

In the short term, risk averse traders are likely to watch the 4 hour chart closely to see if the price can find support above the 20 day MA again to exit the pennant. It is important to note that this move will require significant volume to avoid rejection in the $19,400 to $19,500 resistance zone.

Usually, during Bitcoin’s consolidation phases, the price of altcoins goes up, but this wasn’t the case this time.

While a selection of DeFi tokens and other small altcoins have moved higher, most of the top 20 currencies are in red today.

The season premiere episode of ‚Shameless‘ names Bitcoin and other crypto coins

This is possibly due to the fact that investors are reluctant to switch funds to altcoins while the price of Bitcoin is in such a shaky position.

Experienced investors know that a strong upward break in BTC could result in the destruction of the BTC altcoin pairs, while a downward break in the BTC price tends to cause the BTC and USD altcoin pairs to take an equally catastrophic beating.

Why are stablecoins important as financial tools?

Some highlights of the day are, AAVE with a gain of 8.54%, Monero (XMR) which rose 5.19% and Waves (WAVES) which has recovered 6.23%.

According to CoinMarketCap, the total capitalization of the crypto market is now USD 566.5 billion and the Bitcoin domain index is currently 62.6%.

Bitcoin registró nuevos máximos al superar los niveles de 16.000 dólares en un período de tiempo muy corto. Con el precio de la BTC dirigiéndose fuertemente hacia su ATH, los analistas predicen que alcanzar los 17.000 dólares debería ser inminente.

Los osos pueden obstaculizar la carrera de toros de Bitcoin

Uno de los analistas técnicos y el especialista en criptografía de la BTC, Parabolic Thies, ha predicho dos posibilidades. O bien los osos consiguen ‚REKT‘ y ATH se alcanzará antes de volver a los niveles de 14.000 dólares o Bitcoin se detiene aquí, se consolida antes de llegar a ATH y nunca mira atrás.

Bitcoin ha mantenido con éxito por encima de 15.000$ durante más de 3-4 días y recientemente ha cruzado los 16.000$. Con la actual tendencia alcista, algunos analistas predicen un repunte a corto plazo que acabaría con un retroceso

¿El precio de Bitcoin (BTC) tocará 17.000 dólares?

Sin embargo, otro analista Coingilla ha descubierto un patrón de curva en S y también una divergencia bajista en el RSI que está entre 50-55.

En el anterior rally alcista del 2017 y en el 2019, los indicadores del RSI casi habían llegado a 100, lo que sugería una condición muy „sobrecomprada“. Pero actualmente, el RSI acaba de llegar a cerca de 80 y ha bajado por debajo de los 55 niveles. En la actualidad, el precio de Bitcoin se sitúa en 16.120 dólares con un aumento del 1,77% en las últimas 24 horas.

En conjunto, los osos de Bitcoin no deberían superar al toro para seguir subiendo. Pero la presión de venta que se acumula en cada etapa causa algunos problemas para el rally del toro de Bitcoin. Por lo tanto, sería muy interesante presenciar el movimiento de Bitcoin hacia su ATH.

In this article we will understand the relationship between IoT and blockchain.

The blockchain brings undeniable advantages in terms of security, reliability and immutability of information in everything that can be represented through a digital transaction.

The revolution of this new paradigm radically changes the world to which we are accustomed, where classically we have to „trust“ someone who guarantees something and who in one way or another pays a high price.

Today, thanks to the blockchain, the only thing we have to trust is mathematics.

This disruptive technology is revolutionizing the digital world, having as its only limit the fact of being confined to it.

IoT: what is it?
The technology called IoT, an acronym for Internet of Things, literally translated is the Internet of Things.

This technology makes it possible to exchange information to and from objects in the physical world via the Internet.

There are many applications of this technology, from the slightly more futuristic ones, such as the intelligent fridge that automatically orders the shopping, or the smart car that chooses the best route based on traffic and weather information, to the most common ones, such as the hoover robot, which tells us that cleaning is finished, or the wi-fi intercom, which allows us to talk to and welcome our guests even when we are away from home.

What are smart contracts?
Smart contracts or smart contracts, in short, are contracts that can independently verify that the conditions necessary for their execution are met and consequently self-execute themselves.

A typical example of „smart contract“ in the traditional world is the use of a vending machine for coffee, drinks or even petrol.

In the act of putting money into the vending machine, I actually enter into an automatic contract, with which I agree to pay the indicated countervalue in exchange for the goods in question.

For example, I enter 10 € into the vending machine and know that I will receive 7.2 litres of petrol in exchange, as the price per litre is clearly displayed.

With the advent of the blockchain, smart contracts take a giant leap forward, as they can now take advantage of all the advantages of this technology (transparency, immutability, decentralisation, incensurability, etc.), thus eliminating the need to trust a third party.

The marriage of the century between IoT and blockchain
Smart contracts on blockchain have, as Bitcoin Era software the only real limit, the need to exist only in the digital world. IoT technology is the natural solution to this problem.

Just as the merger of smart contract and blockchain has immensely expanded and enhanced the applications of both technologies, the merger of blockchain and IoT is having disruptive effects on countless aspects of the modern world.

A fascinating example is the traceability of the cold chain (useful for food and pharmaceuticals): today it is not possible to guarantee that at any given time (due to accidental or malicious causes) this chain has not been interrupted.

Let us imagine a refrigerated truck transporting medicines that must remain constantly below a certain temperature.

Any of the people involved in the transport, accidentally or to save money, could temporarily switch off the refrigeration of the truck and then switch it on again later, thus irreparably ruining all the medicines.

Until yesterday it was not possible to prevent, or even to identify in good time, such an event from happening.

Thanks to the application of very simple IoT temperature sensors, which send the temperature of the truck’s refrigeration compartment every few seconds and write them down immutably on blockchain, it is now possible to solve this problem once and for all, using very few economic resources.

The applications of the combination of blockchain, smart contract and IoT are truly endless and cover practically all areas: industrial, agri-food, urban planning, healthcare, financial and even legal.