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altcoins Bitcoin

Bitcoin (BTC) handelsvolum fortsetter å dominere når Altcoins lider

  • Bitcoin-handelsvolum fortsetter å dominere kryptomarkedene
  • Økningen i Bitcoin-handel har hatt en negativ innvirkning på alts som ETH, LINK, XRP
  • Bitcoins dominans er nok en gang over 63% og kan signalisere mer fokus på handel med BTC på bekostning av altcoins

Bitcoin (BTC) fortsetter på sin bullish klatring mot $ 14k, og dets tilsvarende handelsvolum øker på bekostning av altcoins.

Ifølge teamet hos Santiment har Bitcoins handelsvolum betydelig overskredet det for andre populære digitale eiendeler som Ethereum, XRP, ChainLink (LINK) og Binance Coin (BNB).

Økningen av Bitcoins handelsvolum de siste dagene har ført til reduksjon av handelsvolumet knyttet til de nevnte altcoins. Dette faktum ble fremhevet av teamet på Santiment via følgende tweet.

Altseason må vente når Bitcoin Market Dominance bryter 63%

Tidligere denne uken hadde det blitt postulert at en sunn korreksjon av Bitcoin var en sjanse for Ethereum og altcoins å trives i kryptomarkedene.

Denne spådommen ble gitt med en liten advarsel om at hvis Bitcoins dominans i kryptomarkedene brøt 63%, ville altcoins være inne i noen få dager eller uker med tilbakegang.

Kontroll av Bitcoin-dominansdiagrammet på Tradingview.com avslører at BTC brøt det forventede 63% -nivået i et trekk som ser ut som juni 2019 rett før det nådde toppverdien på $ 14 000. Diagrammet nedenfor gir en visuell indikasjon på den betydelige Bitcoin-dominansinngangen.

Altcoins er ‘dødvekt som drar Bitcoin ned’

Med Bitcoin som sliter med å bryte $ 14 000 dollar, tenker man på mange BTC-maksimalister om spredningen av altcoins har hatt en negativ innvirkning på prisen på Bitcoin.

Dette er gjennom avledning av kapital som ellers burde vært investert i Bitcoin. Dette faktum er blitt utforsket av Bitfinex Whale @ Joe007 som hadde dette å si om altcoins.

Har snakket om dette en stund. Alt shitcoin / crypto “økosystemet” er en enorm egenvekt som drar Bitcoin ned og forsinker masseadopsjon. Idioter som skyver “alts er akshually bra for BTC” -fortellingen, kan ikke være mer feil.

Bortsett fra altcoins, har stablecoins også blitt beskyldt for å ta bort kapital som burde være i Bitcoin. Nylig nådde Tether en markedsverdi på $ 16 milliarder dollar som, hvis ellers viderekoblet til Bitcoin, ville resultere i at sistnevnte ble verdsatt til $ 14 355.

Dette er når du legger til $ 16 milliarder til dagens markedsverdi på Bitcoin på $ 250 milliarder, så deler du med en sirkulerende forsyning på 18 529 906 BTC.

Categories
Bitcoin

Whale moves $ 1.16 billion in BTC in biggest deal to date

A bitcoin whale moved the sum of 88,857 BTC between two wallets.

The $ 1.16 billion transaction makes it the largest ever in terms of fiat money

This transaction is still a far cry from the largest transfer in terms of the amount of Bitcoin Circuit ever made, which took place in 2011.

The Trust Project is an international consortium of news organizations based on transparency standards.

An anonymous bitcoin whale has moved the largest amount of fiat value bitcoin in history. The transfer moved 88,857 BTC, worth $ 1.16 billion, from a Xapo wallet to an unknown wallet.

Data from Blockchain.com shows that the whale moved the sum on two respective transactions of 43,185 BTC and 45,671 BTC. At the time of this article’s layout, 1 BTC was trading around $ 13,451, bringing the total fiat value of the transaction to around $ 1,192,194,369.

45,671 #BTC (602,832,400 USD) transferred from #Xapo to unknown wallet

Bitcoin transaction details

The transaction originates from an address associated with a Xapo bitcoin wallet, which could help unravel the mystery of who is behind it. In 2019, Xapo was taken over by Coinbase Custody.

This could indicate that an institutional investor is behind this decision, although this cannot be independently verified. The transaction, which took place on October 26, had a fee of 0.00027847, or approximately $ 3.74. The transaction was confirmed on block 654,364.

The deal overshadows the previous fiat value record set in April 2019 by a transfer of 161,500 BTC from an address linked to the crypto exchange Bitfinex. With a bitcoin price of $ 6,800 at the time, this transaction was worth $ 1.1 billion.

Mt. Gox maintains the record

While this transaction is now the largest bitcoin transfer ever in fiat terms, it is significantly lower than the all-time BTC transaction record set on November 16, 2011 by Japanese crypto exchange Mt. Gox.

The deal , which transferred 550,000 BTC worth just $ 1.32 million at the time, is said to be worth $ 7.39 billion at current prices.

Categories
Bitcoin

Bitcoin network calibrates: minus of BTC remains virtually stable

 

It’s not just the Bitcoin price that’s in a consolidation phase.

Network security has also barely changed in the last two weeks. Bitcoin’s computing power is currently around 138.09 EH/s.

The Bitcoin network calibrates every two weeks based on the total computing power that all miners put in. These miners compete with each other to be able to process transactions.

Based on the Proof of Work mechanism, the protocol distinguishes between the miners. The more processing power you deposit, the greater the chance of a block fee.

The total processing power of all miners is currently 138.09 EH/s. This means that the miners from all over the world take 138,000,000,000,000,000 guesses every second, hoping that one of these guesses will give them the right to make a block.

Because we have agreed with each other that this has to be done every 10 minutes, the protocol changes every two weeks. Yesterday there was another calibration of the network. But hardly anything changed: the difficulty dropped 0.0858%.

Is the computing power increasing? Then the difficulty increases as well. Does the hashrate decrease? Then the guesswork also becomes easier. On average, every ten minutes 900 new BTCs come into circulation and the network processes several thousand transactions at the same time.

Mines of gold and BTC

You could compare the minning of Bitcoin to the mining of gold. Gold diggers gamble for nuggets of gold in the ground. An important aspect here is the gold price.

Is gold getting more expensive? Then the prospectors have more resources to find the gold in the ground. This results in an increase in stock-to-flow.

Put simply: a higher price makes it possible to get more gold out of the ground.

In recent years this number has fluctuated.

This is where Bitcoin differs completely from gold. If the Bitcoin price increases, it is also more profitable for miners to use computing power. But this does not result in a changing stock-to-flow ratio. Bitcoin issuance is almost predictable because it is calibrated every two weeks.

With gold, we don’t know how much of it is in the ground. As a result, the scarcity of these assets is not verifiable. On the other hand, history has shown that gold is very reliable.

If Bitcoin becomes more expensive, it does not increase the number of Bitcoin in circulation. Investments in Bitcoin mining do not result in overproduction of Bitcoin. On the contrary, it provides additional security.

It is more difficult for a malicious party to gain a share in the network in order to censor or launch a 51% attack.

The big difference between gold and Bitcoin is the difficulty adjustment, which takes place every two weeks. Just like it happened yesterday with a drop of 0.08%. Despite the fact that this figure hardly changed yesterday, it’s still something to think about.

Michael Saylor, CEO of MicroStrategy, briefly explains this aspect in an interview with Stansberry Research in fifteen minutes.

Categories
Allgemein cadeia

tBTC lança pela segunda vez a ponte Bitcoin e Ethereum

A tBTC lançou (pela segunda vez) uma ponte sem confiança entre Bitcoin e Ethereum.

Após uma tentativa fracassada (mas não lamentável), a Thesis, a empresa de desenvolvimento de cadeias de bloqueios por trás da Keep Network, acaba de lançar a nova versão do tBTC.

O tBTC é simplesmente um símbolo Bitcoin na cadeia de bloqueio Ethereum como um símbolo ERC20 apoiado pelo Bitcoin original.

A iniciativa pode parecer mais um dos muitos projetos que procuram trazer a Bitcoin para a cadeia de contratos inteligentes. Ainda assim, a tese acrescenta um novo – e excitante – ingrediente: a descentralização.

O tBTC é apenas mais uma ponte entre Bitcoin e Ethereum… Mas diferente

“Tanto quanto sei, esta liberação é a primeira ponte Bitcoin sem permissão e resistente à censura sobre o Ethereum. Qualquer pessoa pode cunhar $tBTC conectando-se às cadeias Bitcoin e Ethereum, e ninguém pode censurar transações ou resgates”, disse Matt Luongo, fundador da Tese, em um tópico do Twitter.

Isto significa que os usuários podem ter certeza de que seus fundos não estão sendo controlados ou guardados por uma entidade centralizada”.

Em resumo, o tBitcoin é um símbolo Bitcoin com a mesma filosofia do Bitcoin, com características muito semelhantes ao Bitcoin, só que ele funciona no Ethereum.

Assim, as preocupações sobre a centralização de fundos e a possibilidade de um terceiro exercer algum tipo de censura são abordadas, como Vitalik Buterin apontou:

A demanda por fichas Bitcoin no Ethereum é alta, especialmente considerando a crescente popularidade desta cadeia de bloqueio após o boom da DeFi. Somente no wBTC, uma versão centralizada mas popular do BTC, há mais de 818 milhões de dólares ou 77860 BTCs trancados.

Um longo caminho para o sucesso

A tBTC teve um começo difícil. Após seu primeiro lançamento, um bug que levou à introdução de funções não testadas no código levou os desenvolvedores a pausar o projeto quando ele tinha apenas dois dias de existência.

A nova versão, à qual Luongo se refere como rc1, corrigiu este problema e acrescentou melhorias importantes em relação ao seu predecessor:

Luongo e sua equipe são otimistas, mas também cautelosos: para evitar possíveis danos, eles decidiram criar um sistema de tampas de abastecimento que aumentará com o tempo para chegar aos 3000 BTC fechados. Além disso, Luongo garantiu que colocaria seu investimento no projeto para ter mais pele no jogo.

Quem disse que a DeFi não era para os bitcoiners?