Kategorie: Bitcoin

Cardano soon available on Coinbase Pro! ADA promptly pumps up 22

Coinbase Pro will list ADA and open incoming transfers for the asset before full trading begins on March 18.

Coinbase announced on 16 March that it has opened inbound transfers for ADA, marking the first step in the multi-step process to list the token.

Full trading will begin on 18 March, once sufficient liquidity is available. It currently only supports withdrawals to Shelley addresses, Byron addresses will be supported soon.

Once liquidity is established, the order books will go through post-only, limit-only and full trading phases. This is likely to take a few days.

Listings on Coinbase Pro are usually followed Cryptosoft by a listing on the retail investor version of Coinbase. This would be a big step up for ADA (to buy Cardano guide). Coinbase has a strong presence in the United States.

Cardano recently underwent a major upgrade to its network, which has helped drive the price to new highs. In the last 24 hours alone, the coin has risen 22% – and investors are expecting further rises with the Goguen upgrade, which is due to be released soon. It was also recently added to the Bloomberg Terminal.

Goguen intends to make the Cardano network a haven for dApps – something it currently lacks. Ethereum (to buy Ethereum guide), on the other hand, has several dApps with large user bases.

This has been one of the main criticisms of Cardano – although it looks like these doubts may soon be dispelled.

Coinbase lists more assets, prepares for IPO

Coinbase has listed several assets in recent months, including many in the DeFi space. These include SushiSwap (SUSHI), Aave (AAVE), The Graph (GRT), and Bancor (BNT).

Coinbase will go public directly this month, opting for a direct listing as opposed to an IPO. Direct listings are cheaper, faster and avoid share dilution.

This comes at a time when several crypto companies are looking to go public.

The exchange was valued at $90 billion after the last round of private auctions, putting it far above the rest. When Coinbase goes public, it will do so under the ticker „COIN“.

On aika saada altistuminen salausmarkkinoille – mutta jonkin verran turvallisuutta

Kryptovaluutat tupakoivat kuumana vuonna 2020. Onko nyt aika ostaa vähän tunkeutumisen jälkeen näille kehittyville markkinoille? Tämä päätös näyttää helpommin lähestyttävältä osakemarkkinoilla ja kolmella hajautetulla yrityksellä, jotka tarjoavat salausaltistusta sekä vankkoja edistysaskeleita muualla.

Tällä viikolla ampui jousen yli kryptovaluuttoja, ja valtiovarainministerin ehdokas Janet Yellen suunnitteli ampumatarvikkeita Bitcoinille ja Ethereumille. Lyhyesti sanottuna tiistaina pian tuleva hallituksen messinki ehdotti salamarkkinoiden „supistamista“, kun otetaan huomioon siteet laittomaan pyöräilyyn ja kauppaan.

Varoitusta pidettiin varmana merkkinä siitä, että uusi hallinto aikoo torjua digitaalisia valuuttoja. Ja koska yksi Wall Streetin suosituimmista investoinneista viime kuukausina, kommentit eivät jääneet huomaamatta. Se herätti jopa kritiikkiä vankalta Bitcoin-kannattajalta Cathie Woodilta, jonka suorapuheinen ja paikallinen aggressiivinen panos Teslalle (NASDAQ: TSLA) ja muille huippuluokan sijoituksille on tehnyt ARK Invest -rahastoista nykypäivän kannattavimmat ETF: t markkinoilla.

Yellenin huomautukset herättivät myös yllättäen salaushärkiä toimintaan. Ottaen huomioon Bitcoinin valtavan yli 900 prosentin nousun sen maaliskuun Covid-19-matalasta lähtien, sen seurauksena seurasivat jotain sotkuisen näköisiä ja vähemmän varmoja voittoja. Mutta olivatko sijoittajat oikeassa kaapattuna? Jos kuten ARK Investin perustaja ja toimitusjohtaja, joka huomautti, että Yellen oli „poliisin valvonnassa, kun bitcoin nousi ~ 1000 – ~ 20 000 dollaria vuonna 2017“, saatat löytää myös Yellenin viimeisimmän varoituksen nousevasti „rauhoittavana“.

Tässä on 3 krypto varastoa ostettavaksi Bitcoin-laskun edessä:

JPMorgan Chase (NYSE: JPM)
Nvidia (NASDAQ: NVDA)
Ylivarasto (NASDAQ: OSTK)

Jos toisin kuin Cathie Wood, olet sellainen sijoittaja, joka ei ole all-in-salausta, mutta silti haluaa altistumista, seuraavat kolme yrityksen osaketta saattavat olla juuri sitä mitä tarvitset. Ja kuka tietää, Janetin uusin ja vaatimaton jälkikäynti saattaa myös auttaa.
Ostettavat salausvarastot: JPMorgan Chase (JPM)

JPMorgan Chase (JPM) kuukausittainen kupin purkautuminen ja vetäminen

Ensimmäiset salakirjoistamme härkäkauppaan ovat JPMorgan Chasen osakkeet. Ylin pankkiirin pääjohtaja Jamie Dimon oli pahamaineinen kriittinen kriittinen viesti kriittisistä markkinoista omaisuusryhmän alkuperäisen ja surullisen rallin aikana vuonna 2017. Viime aikoina hän sanoi, että Bitcoin ei ole vieläkään „minun kuppi teetä“.

Mutta JPM-varasto on salauksen suhteen „tee niin kuin minä teen, ei niin kuin sanon“. Verhon takana JPM on asu, joka on omaksunut salauksen sidotun blockchain-tekniikan, kun otetaan huomioon sen laajat sovellukset pankkialalla. JPMorgan on myös luonut oman kryptovaluutan nimeltä JPM Coin.

Teknisesti katsottuna osakkeet puhkesivat äskettäin viime vuoden aikana muodostetusta korjaavasta kupinmuotoisesta pohjasta, mutta ovat sittemmin vetäytyneet hieman taaksepäin testatakseen nousevaa mallia tueksi. Stokastisten trendien myötä tämä kryptokanta ja markkinoiden raskas paino on tänään ostettavissa.

Suosittu strategia: Maaliskuu 125 dollaria / 150 dollaria kaulus
Nvidia (NVDA)

Nvidian (NVDA) nouseva tukikohdan rakentaminen ja mahdollisuus ostaa heikkoudesta

Nvidia on seuraava salausvarastostamme. Suuren osan Bitcoinin kaivostoiminnasta löydät varmasti NVDA: n suuritehoiset prosessorit, koska ne ovat kriittisiä vaativassa työssä, joka edellyttää monimutkaisten algoritmien ratkaisemista.

Toistaiseksi salauksen uudelleenkäynnistyminen kuluneen vuoden aikana ei ole lisännyt kysyntää Nvidian näytönohjaimille. Mutta tilanne on, että Wedbushin johtava teknologiastrategisti seuraa tarkkaan potentiaalista kasvun ajuria. Soitan yksinkertaisesti salauksen NVDA: n turhalle ässälle hihassaan, koska puolijohdepuku menestyi muilla kasvumarkkinoilla datakeskuksista aina pelaamiseen tai itsenäisiin autoihin ja tekoälyyn.

Teknisesti tämä salakanta on konsolidoitunut lähes viiden kuukauden ajan. Epäsäännöllistä kaksoispohjaa on seurannut enimmäkseen sivuttainen hintaliike marraskuun puolivälistä lähtien. Viime aikoina vahvistettu viikoittainen doji matalassa pohjassa, jota tukee ylimyyty nouseva stokastinen crossover, tukee NVDA: n ostamista heikkoudena tänään.

Suosittu strategia: Maaliskuun $ 575 / $ 625 Bull Call Spread
Ylivarasto (OSTK)

Ylivarasto on viimeinen salausvarastostamme. Se ei myöskään ole mikään, kiistanalaisin. Verkkokaupan perustaja ja entinen toimitusjohtaja sopisivat hyvin QAnonin nykyiseen salaliittoon. Mutta silmien sulkeminen OSTK: lle tänään näyttää suurelta sijoitusvirheeltä.

Sen lisäksi, että Covid-19: n aikana tehtiin valtava palaute vähittäiskaupassaan, tämä salauspeli on varhainen käyttöönottaja, joka sallii bitcoin-tapahtumien ostamisen kaikista tärkeistä ja tarpeettomista tavaroista

Le choc a été grand lorsque Berkshire Hathaway de Warren Buffett a annoncé qu’il détenait une participation massive dans Barrick Gold, le producteur d’or canadien. Depuis de nombreuses années, M. Buffett s’est toujours opposé à l’investissement dans l’or. Jusqu’à cet investissement dans Barrick, l’Oracle d’Omaha n’avait jamais investi dans le précieux métal jaune ni dans aucun de ses actifs connexes.

Le légendaire investisseur milliardaire n’a jamais été un fan de l’or. Il est donc fort probable qu’il n’ait jamais été directement impliqué dans la décision d’investir dans Barrick. Mais il n’était pas contre, ce qui signifie qu’il a donné son aval à cette décision pour que ses fans de commerce suivent ses traces.

Bitcoin a provoqué une vague de décisions d’investissement parmi les investisseurs au cours des derniers mois. Tout adepte de Buffett doit être curieux de savoir ce qu’il pense de la volatilité naissante du marché et s’il doit investir son argent dans une monnaie cryptographique. D’une certaine manière, Buffett semble être à l’aise pour investir dans l’or mais évite le bitcoin.

La bourse de Barrick a plongé

Auparavant, l’oracle d’Omaha a qualifié l’or d’actif improductif qui, selon lui, ne produit rien avec le temps. Les obligations semblaient être un meilleur investissement il y a 20 ans. Cependant, Berkshire a récemment réduit son exposition aux obligations en raison de la faiblesse des taux d’intérêt. Buffett déteste probablement les titres de créance à revenu fixe plus qu’il ne déteste l’or.

Son investissement dans Barrick a été un choc, à un moment où les prix des matières premières ont atteint plus de 2 000 dollars. Néanmoins, le prix de l’or s’est depuis lors replié vers la région des 1 800 dollars depuis qu’il a atteint son plus haut niveau en août 2020. Le troisième trimestre 2020

Le dépôt de Berkshire Hathaway a également montré que M. Buffett a réduit son investissement dans les actions à près de 40 %.

Le fait que Buffett ait réduit sa position dans Barrick suggère qu’il pourrait avoir simplement investi dans l’action pour les profits potentiels qu’elle offrirait. Néanmoins, il ne s’est pas encore totalement retiré de sa position. Cela montre qu’il pourrait conserver l’action pour une nouvelle hausse de l’or et des bénéfices supplémentaires.

Pourquoi éviter les bitcoins malgré la hausse fulgurante?

Les bitcoins ont atteint leur plus haut niveau historique au début du mois, enregistrant des hausses massives depuis le mois de décembre, pour finalement atteindre un sommet de 42 000 dollars. Les investisseurs qui avaient évité la crypto ont commencé à affluer en grand nombre vers le Bitcoin Evolution de peur de le rater. Néanmoins, il a connu un recul abrupt de 13 % qui l’a ramené à 35 000 dollars en trois jours.

Actuellement, la crypto phare se négocie entre 31 000 et 36 000 dollars depuis quelques jours et son prix ne cesse de fluctuer. La hausse et la baisse brutales de la valeur de la crypto sont un signe critique qu’il ne s’agit pas encore d’un investissement sur lequel les investisseurs peuvent compter pour la croissance du capital à long terme.

Alors que la plupart des investisseurs considèrent la monnaie numérique comme un substitut viable à l’or en tant qu’actif refuge, le bitcoin n’a pas encore de valeur tangible. La volatilité du prix du bitcoin repose principalement sur la confiance des investisseurs dans ce titre.

La récente flambée et correction des prix de la BTC montre que de nombreux investisseurs à la recherche de profits se sont précipités sur le titre pour faire monter son prix et se sont retirés avant que la cryptographie ne se corrige d’elle-même. Le bitcoin est encore assez imprévisible pour les investisseurs, qui peuvent compter sur lui comme un investissement fiable à long terme.

Le coup de grâce

Le bitcoin est un actif attrayant mais n’a pas de valeur sous-jacente. Auparavant, Warren Buffett l’avait même comparé à de la mort-aux-rats. Mais, malgré sa position sur l’or, il a décidé d’investir dans Barrick Gold. Cela montre qu’il considère l’or comme un meilleur investissement que les cryptos.

Si les investisseurs sont tentés d’investir dans les bitcoins, ils doivent toujours être conscients que la cryptographie peut faire couler leur capital aussi vite qu’elle peut les rendre riches.

„Der Markt kann länger unlogisch bleiben als Sie oder ich. Und im Moment scheint mir Bitcoin völlig unlogisch zu sein “, sagt Gartman.

Dennis Gartman bleibt ein Goldbulle ohne Interesse an Bitcoin, obwohl dieser die Performance der gelben Metalle deutlich übertrifft. Trotz des Rückgangs von The News Spy seit dem Erreichen seines Allzeithochs im August bei 2.075 US-Dollar glaubt Gartman:

„Du musst in Gold bleiben. Ich denke, das steht außer Frage. “

Der Vorsitzende des Endowment Investment Fund der University of Akron weiß zwar, dass der traditionelle Safe-Haven-Vermögenswert „Konkurrenz von Bitcoin“ bekommt, aber laut ihm wird der digitale Vermögenswert „irgendwann verschwinden“. Er fügte hinzu,

„Vielleicht ist es nur das Alter von meiner Seite, am Goldmarkt teilnehmen zu wollen.“

Gartman glaubt nicht an das unendliche Angebot des Krypto-Assets, das den Preis von Bitcoin in die Höhe treibt, weil „es siebentausend verschiedene Kryptowährungen gibt. Es gibt unendlich viele endliche Währungsbeträge. “

Als solches glaubt er, dass all der Spaß und die Begeisterung für Bitcoin und Kryptowährungen irgendwann verschwinden werden. Nicht sofort, aber vielleicht in zwei bis vier Jahrzehnten. Gartman sagte:

„Vielleicht bin ich nur ein alter Mann mit einem Sinn für Geschichte. Vielleicht werde ich mich irren. Vielleicht wird Bitcoin zur Währung der Zukunft. Wenn ja, soll es das ohne mich tun. “

BTC ist „absolut unlogisch“

Da alle Zentralbanken auf der ganzen Welt koordiniert arbeiten, von der US-Notenbank, der EZB, der Bank of Canada bis zur Volksbank von China und der russischen Zentralbank, „wird dies die Goldpreise in die Höhe treiben“, unabhängig davon, ob es sich um Dollar handelt , Euro, Yen oder Renminbi, sagte er.

„Ich denke, Gold wird auf der ganzen Linie zu einem langen Preis stärker“, sagte Gartman am Dienstag gegenüber Bloomberg.

In Bezug auf die Gleichwertigkeit von Bitcoin mit Gold glaubt Gartman dies nicht, da es das Edelmetall seit Tausenden von Jahren gibt und Bitcoin erst seit etwas mehr als einem Jahrzehnt. Er sagte,

„Bitcoin ist das Gold der Millennials. Ich verstehe das. Ich verstehe das. Ich werde Bitcoin nie verstehen, wenn ich es für 10.000, 15.000, 20.000 Dollar kaufen kann. Ich sollte das Leuten überlassen, die klüger oder klüger oder mutiger sind als ich. “

One entrepreneur said that in reality some companies lost their license because the country’s regulator made it very difficult to maintain the license by demanding „ridiculous“ requirements.

More than 1,000 companies active in the cryptomorphic market lost their licenses in Estonia this year. According to the Postimees news agency, the country’s government began hunting several companies after the market was associated with a high risk of money laundering.

At a meeting between members of the government’s anti-money laundering commission, Finance Minister Veiko Tali said that companies working with cryptomorphs need „more attention“ from the authorities to obtain licenses.

The connection of companies that have lost licenses to Estonia is small, with several of them actually operating in other countries. The reason is that in many parts of the world the regulation of cryptomorphs is still obscure, and companies are unable to thrive because of regulatory uncertainty and obstacles from banks, which require them to have a bank account.

Estonia tried to fill this gap by becoming the „Crypto Valley“ of the world, where several entrepreneurs decided to open their businesses.

Many of these companies, however, open business in Estonia and operate in other countries, so if the local regulator tries to stop the business, the company says its headquarters are in Estonia, so they follow the laws there.

To facilitate the opening of these companies and become Bitcoin Billionaire app the world capital of cryptomites, Estonia has done little government control and intervention in the business. But because of a number of companies that were running scams around the world, the country created new amendments to the legislation that came into force in mid-2020.

In 2019, Estonia launched a plan to issue licenses to cryptomotic companies to attract talent and investment to the country. The purpose was to bring financial injections into the economy. However, the plans did not work out very well, as several companies wanted the license just to increase the price of their cryptomorphs.

At the same time, the Estonian Financial Intelligence Agency said that these companies were involved in money laundering. As a result, more than 1,000 companies lost their licenses.

Now, approximately 400 companies continue to conduct their business normally, obeying strict laws. In addition, the government has created an „electronic residence“ program, where entrepreneurs must issue certificates to open bank accounts legally.

Interestingly, this is exactly the opposite of what the government had proposed at the beginning of the program.

Although the government had to worry about fraudulent companies, the revocation of licenses had widespread repercussions.

One entrepreneur said that in reality some companies lost their licenses because the country’s regulator made it very difficult to maintain them by demanding, for example, that entrepreneurs have a home address in Estonia and other „ridiculous“ requirements. So most companies just did not want to adapt to the new rules and let their licenses be revoked.

The number will be higher if you add those who have not yet lost licenses and those who have voluntarily lost or left the country. Said another.

Bitcoin cayó drásticamente esta semana, reduciendo algunas de sus ganancias de diciembre y manteniendo su tramo de volatilidad en el sentimiento de toma de beneficios entre los comerciantes del día.

La mayoría de los derivados de Bitcoin que se comercializan activamente cayeron en un promedio de 13 por ciento a 17.705 dólares desde sus máximos históricos establecidos la semana pasada. Mientras tanto, el tipo de cambio al contado de la criptodivisa insignia sigue subiendo un 70% en el cuarto trimestre, lo que significa que su último movimiento cuesta abajo podría ser una corrección orgánica bajista.

Los futuros de Bitcoin en CME caen más bajo.

Los inversores tienden a comprar Bitcoin cuando tienen miedo de las perspectivas de la economía global. Esta tendencia impulsó la demanda de la criptodivisa a principios de este año después de que los préstamos más baratos de la Reserva Federal de EE.UU. y las facilidades ilimitadas de compra de bonos redujeran el atractivo de los refugios tradicionales como el dólar y el Tesoro.

Sin embargo, una confluencia de al menos tres indicadores fundamentales y fractales técnicos sugiere que el precio de Bitcoin puede seguir bajando en las próximas sesiones.

#1 El imán de 20 WMA

La media móvil exponencial de 20 días sirve como indicador de sesgo a corto plazo para los comerciantes de Bitcoin. Si el precio de la criptodivisa mantiene la onda como su soporte, su probabilidad de tendencia al alza se hace alta. Sin embargo, el deslizamiento por debajo de ella extiende el movimiento descendente la mayoría de las veces.

Desde el 26 de noviembre, Bitcoin ha probado el 20-DMA al menos cuatro veces para un movimiento de ruptura. Pero también encontró resistencia de los toros, lo que condujo a sólidos rebotes – uno de ellos incluso llevó al nuevo máximo histórico de cerca de 20.000 dólares. Por lo tanto, la cripto-moneda tiene el potencial de igualar sus recientes pérdidas si logra flotar por encima del nivel de 20-DMA.

Bitcoin habitualmente vuelve a probar su media móvil de 20 semanas después de cada rally alcista.

Detrás del sesgo de bajada a corto plazo hay un fractal. Bitcoin tiende a revisar su media móvil de 20 semanas (20-WMA) después de cada una de sus tendencias alcistas. En ciertos casos, la corrección a la baja se convierte en un movimiento bajista en toda regla. Pero en otros, el precio trata el soporte de la 20WMA como un piso para intentar otro movimiento alcista.

Más o menos, Bitcoin prueba la onda de 20 WMA, lo que significa que puede caer hacia ella en las próximas sesiones. La onda se sitúa cerca de los 14.000 dólares.

#Capitulación de los mineros de Bitcoin número 2

Las perspectivas de que el precio llegue a 14.000 dólares aumentan también por los fundamentos de la cadena de Bitcoin. Ki-Young Ju, el director ejecutivo de CryptoQuant – una plataforma de análisis de datos, señaló que los mineros – que proporcionan seguridad y confirman las transacciones de Bitcoin – están vendiendo sus recompensas en masa.

Algunos de sus BTCs están terminando en intercambios. En contraste, otros están siendo depositados en frías carteras. El Sr. Ju señaló que un aumento de las entradas de Bitcoin en las bolsas podría resultar pesimista para la criptodivisa a corto plazo.

„El flujo total de salida no es tan grande, pero está aumentando relativamente en comparación con los días pasados. Además, el número de salidas [transacciones] es inusualmente alto hoy en día. El flujo de intercambio de mineros parece pequeño por ahora, así que me atengo a mi largo. Espero que esos flujos de salida sean [transacciones] de venta libre“.

#3 Regulación de EE.UU.

El objetivo de precio técnico de 14.000 dólares parece alcanzable debido a los rumores de las estrictas regulaciones de Bitcoin en los Estados Unidos. El jueves, el congresista estadounidense Warren Davidson escribió una carta al Secretario del Tesoro Steven Mnuchin para proporcionar detalles sobre cualquier propuesta que pueda [supuestamente] imponer restricciones en el uso de carteras privadas.

Si el Sr. Mnuchin sigue adelante con sus [supuestos] planes, puede provocar el pánico en el mercado de Bitcoin.

BitPrime partners with Simplex to offer a solution for buying crypto with credit cards
BitPrime is teaming up with Simplex to offer a variant for purchasing cryptocurrencies with credit cards

The first crypto offering on the New Zealand market enables a secure and convenient way to purchase crypto with debit and credit cards through the merger with Simplex

Christchurch, New Zealand – November 26, 2020 – BitPrime , New Zealand’s leading cryptocurrency retailer, today announced its partnership with Simplex, the market leader in fiat / crypto infrastructure. The partnership offers a secure solution for those who want to buy cryptocurrencies with a credit or debit card (Visa or Mastercard).

Available for the first time in New Zealand, the partnership takes advantage of Simplex’s fully proprietary, fraud-free platform for purchasing digital assets and offers BitPrime customers another convenient payment option to enter the crypto ecosystem.

The option to purchase crypto with a credit card has been one of the most requested features for current BitPrime customers in the company’s three-year history. The partnership with Simplex enables BitPrime users to easily work with a trusted partner who is known in the industry for transparency and security.

This new payment solution is being rolled out at a time when the price of Bitcoin is hitting its highest level since the all-time high of nearly NZD 30,000 in February 2017.

BitPrime has partnered with Simplex to leverage the company’s cutting-edge AI technology that analyzes the risk of each payment and actively blocks fraudulent users. Simplex also offers award-winning customer support to all users that is available 24/7 in case you need help completing their purchases.

Ross Carter-Brown, BitPrime CEO, said:

“We bring cryptocurrency into the world. Our new gateway for credit card payments enables us to serve customers from 178 different countries. We know that New Zealand is a desirable jurisdiction for many people to do business, especially financial services. This is due to our strong protection of personal property, political stability and low levels of corruption. Our partnership with Simplex is a critical piece of the infrastructure that will help meet this demand.

„Simplex enables anyone, anywhere, to easily and securely buy digital assets,“ said Nimrod Lehavi, Founder and CEO of Simplex. “Our partnership with BitPrime enables millions of people to get on board conveniently with their bank card.

BitPrime enables customers to purchase cryptocurrencies for as little as $ 100, and the newly introduced payment solution also supports international customers.

To learn more about this service or to try it out, visit BitPrime .

BitPrime, which is New Zealand owned and operated by New Zealand, is at the forefront of full-service crypto-electronic currency trading solutions in this country. We are passionate about our professional service and we have a strong focus on providing free education and technical support for beginners to professional investors. BitPrime is here to make trading digital assets easy and safe. BITPRIME LIMITED (FSP595609) Registered.

Simplex has changed the status quo of crypto deposit and withdrawal ramps since 2014. As the market leader, Simplex pioneered the first risk-free global fiat on-ramp with credit and debit cards and promised a zero chargeback guarantee. In collaboration with the biggest names in the crypto ecosystem, Simplex provides the complete fiat infrastructure for the crypto currency ecosystem. As a licensed EU financial institution, Simplex was selected as one of the 10 most impactful companies in the blockchain in 2020.

Bitcoin (BTC) is having a particularly successful week. It broke its capitalization record, which was set in December 2017. Its price jumped to $ 18,500 last night: enough to exceed its price record?

Bitcoin (BTC) capitalization hits a new record …

The previous record of e capitalization of u Bitcoin (BTC) was established during the last great bull run: he had now reached $ 329 billion on December 16, 2017. But this threshold has been crossed again. BTC’s market cap hit $ 341 billion early this morning. This is an absolute record for the Bitcoin market cap, which clearly shows the current craze around cryptocurrency.

The reason Bitcoin has experienced a record market cap without its price exceeding – for now – its all-time-high (ATH) is that there is now more BTC in circulation than ‚three years ago . The market cap is therefore spread over a larger number of parts.

… and the course flies away

But the course is also experiencing particularly noticeable performances in recent days. That night, he reached 18 4 00 dollars : a threshold he had not crossed since its bull run from mid-December 2017. He then had a hesitation that did plunge below 17 $ 600 but the price of BTC has been going up since:

On a single day, the price of Bitcoin has thus taken + 10% , and it seems for the moment to continue on this upward slope. What to consider exceeding 20,000 dollars in the days to come, according to several commentators. If this were the case, the price of Bitcoin would then break its all-time high. So watch the price!

PayPal integrates Bitcoin (BTC) on its platform. This is a quantum leap for the acceptance of the cryptocurrency. But tax experts are sounding the alarm: the current situation inevitably leads to chaos in the tax return.

Anyone who has sold Bitcoin at a profit should have already come into contact with the subject of taxation of cryptocurrencies. Even attentive readers of BTC-ECHO know: The tax regulations for BTC and Co. are not easy to grasp intuitively. Or like Werner Hoffmann, managing director of the tax experts at Pekuna towards BTC-ECHO, expresses:

Taxing Bitcoin is complicated – there are hardly any legal bases

However, there is a simple formula. According to Paragraph 23 of the Income Tax Act (EStG), the sale of economic goods falls under the so-called “private sales transactions”. And how these are treated for tax purposes is clearly defined by the legislature. Anyone who holds Bitcoin for less than a year pays income tax on the capital gains. Unless the profit falls below the exemption limit of 600 euros (EUR). What sounds like a specific regulation in theory, sometimes presents traders with major tasks in practice.

The PayPal integration of Bitcoin and its tax implications

Because, in principle, every purchase, sale and exchange must be clearly noted in order to determine the net profit. If the trader also trades between different coins during this period or even spends them on goods and services, the complexity of the resulting tax report increases again.

The latter is likely to become more and more important. As we have already reported in more detail, the payment service provider PayPal integrates the purchase, sale and payment with Bitcoin (BTC) and some Altcoins in its ecosystem. US users can now use BTC on a daily basis.

What is certainly one of the most bullish news of the year for the spread of crypto currencies is, from the point of view of tax expert Hoffmann, another building block of a solidifying wall of bureaucratic effort for all tax-loyal Bitcoin disciples.

PayPal is really positive for the crypto scene. 300 million users are on board overnight. However, the new users are not yet fully aware of taxes. Companies that accept crypto currencies as a means of payment will face massive problems as the number of transactions will increase massively. But the purchase of goods and services using Bitcoin is also a tax process.