Le prix du bitcoin a entamé une nouvelle hausse et a franchi la résistance de 62 000 dollars contre le dollar américain. Le BTC s’est échangé à un nouveau sommet historique près de 63 862 $ et il est probable qu’il continue à augmenter.

• Le bitcoin a prolongé sa hausse au-dessus des niveaux de résistance de 62 000 $ et 63 000 $.
• Le prix se négocie désormais bien au-dessus du niveau de 62 500 $ et de la moyenne mobile simple sur 100 heures.
• Un modèle de continuation haussier se forme avec une résistance proche de 63 600 $ sur le graphique horaire de la paire BTC/USD (flux de données de Kraken).
• La paire est susceptible de poursuivre sa hausse au-dessus de 64 000 $ et 64 200 $ dans les prochaines sessions.

Le prix du bitcoin gagne du terrain

Le bitcoin a entamé une nouvelle hausse après avoir franchi la principale zone de résistance de 61 120 $. Cela a ouvert la voie à des gains supplémentaires au-dessus de la zone de résistance de 62 000 $.

Le prix a même franchi le niveau de 63 000 $ et a atteint un nouveau sommet historique à 63 862 $. Il se négocie maintenant bien au-dessus du niveau de 62 500 $ et de la moyenne mobile simple sur 100 heures. Un support immédiat se forme maintenant près du niveau de 62 850 $.

Le niveau de retracement Fib de 23,6 % de la récente vague allant du plus bas de 59 692 $ au plus haut de 63 862 $ est proche du niveau de 62 850 $. Il y a également un modèle de continuation haussière qui se forme avec une résistance près de 63 600 $ sur le graphique horaire de la paire BTC/USD.

S’il y a une rupture à la hausse au-dessus de la résistance du triangle, le Bitcoin Circuit prolongera très probablement ses gains au-dessus du sommet de 63 862 $. Dans le cas indiqué, le prix pourrait bondir au-dessus du niveau de 64 000 $. Le prochain arrêt majeur pour les haussiers pourrait être 65 000 $ dans les prochaines sessions.

Soutien aux baisses du BTC?

Si le bitcoin ne parvient pas à dépasser les 63 500 $ et 63 850 $, il pourrait y avoir une correction à la baisse à court terme. Un premier support à la baisse se trouve près du niveau de 62 850 $.

Une cassure à la baisse en dessous du support du triangle et de 62 850 $ pourrait entraîner une chute vers le niveau de 61 800 $. Il est proche du niveau de retracement Fib de 50 % de la récente vague allant du bas de 59 692 $ au haut de 63 862 $. Le principal support se forme maintenant près du niveau de 61 120 $ (la zone de rupture récente), où les haussiers sont susceptibles d’apparaître.

Indicateurs techniques:

MACD horaire – Le MACD gagne maintenant du terrain dans la zone haussière.

RSI (indice de force relative) horaire – Le RSI pour la paire BTC/USD est maintenant bien au-dessus du niveau 50.

Principaux niveaux de soutien – 62 850 $, suivi de 61 120 $.

Principaux niveaux de résistance – 63 500 $, 63 850 $ et 65 000 $.

The end of fast food – Big Mac index crashes below 10,000 satoshis for the first time

The Big Sats Index reveals that McDonald’s main burger costs less than 10,000 satoshis for the first time.

The fact that the price of Bitcoin (BTC) is currently stronger than ever is no longer a secret, even among the general public, but yet Bitcoin Profit another key figure illustrates the current strength of the cryptocurrency.

As the data of the crypto information portal Ecoinometrics shows, the so-called Big Sats Index shows for the first time that a Big Mac from the world-famous fast food chain McDonald’s costs less than 10,000 satoshis.

Hard to swallow?

Following the well-known Big Mac index, the Big Sats index tracks the purchasing power of Bitcoin. The Big Mac Index was created in 1986 by the British business newspaper The Economist to compare the different purchasing power of fiat currencies in an easy-to-understand way.

The Bitcoin-related counterpart, however, not only aims to show where the market-leading cryptocurrency currently stands, but also comments with a wink on social developments regarding money and food.

As the author Saifedean Ammous explains in his book „The Bitcoin Standard“, both the steady rise of the currency market and the success of the unhealthy foodstuff are the result of the abolition of the gold standard, which ushered in an almost limitless monetary policy. As with the Big Mac, quick gratification triumphs over long-term well-being.

But salvation is in sight, because the Big Sats index now indicates that Bitcoin, i.e. the antithesis of the aforementioned development, is well on its way to correcting this grievance. Thus, at a price level of 60,000 US dollars, a whole 10,402 Big Macs can be acquired for just one BTC, as Ecoinometrics calculates. A single burger of this variety, on the other hand, would cost only 9,614 Satoshis. As a reminder, Satoshi is Bitcoin’s subordinate currency unit on a scale of 1:100,000,000, so 1 Bitcoin is equal to 100 million Satoshis.

During the last big crash in March 2020, a Big Mac was still priced at 100,000 satoshis, which makes clear the drastic change in purchasing power in recent months. Meanwhile, the last time the burger was more expensive than 1 million satoshis dates back to mid-2016.

The intemperance is coming to an end?

In an overarching sense, then, the Big Sats index is another example to support the crypto community’s central argument that fiat currencies tend towards zero in the long run compared to bitcoin because the former has no natural cap.

The Corona crisis has gone a long way to confirming this thesis, as the world’s governments „print“ money incessantly to prop up the economy. Since no real equivalent can be created for this money through the lockdown, inflation is driven up and national currencies lose their value. This is a key reason why many investors are „fleeing“ into the market-leading cryptocurrency.

James Howells, un trabajador de TI con sede en el Reino Unido, ofreció al ayuntamiento de Newport $ 72 millones a cambio de permiso para desenterrar un disco duro que descartó en 2013, que tiene 7500 BTC almacenados.

Según The Telegraph , Howells tiró accidentalmente el disco duro mientras limpiaba su casa en ese entonces

Su fortuna de Bitcoin se ganó mediante la extracción con una CPU cuando todavía era relativamente fácil extraer la criptomoneda insignia.

Cuando su fortuna comenzó a valer millones, intentó recuperar el disco duro, pero el ayuntamiento de Newport ha rechazado continuamente sus solicitudes. Según el tabloide diario de Newport, South Wales Argus , ahora ha hecho una oferta a la ciudad por un valor del 25% de los fondos como donación de ayuda COVID-19.

A los precios actuales, el BTC guardado en el disco duro tiene un valor de casi $ 300 millones. Según los informes, el trabajador de TI dijo que solo necesita acceder a los registros del vertedero para saber dónde buscar, y que el equipo de búsqueda crearía un sello hermético para evitar la liberación de gases venenosos.

Al comentar sobre la posibilidad de encontrar los fondos, Howells dijo que „no hay garantía“ de que el disco duro aún funcione debido al entorno en el que se encuentra, pero agregó:

La carcasa exterior podría estar oxidada. Pero el disco interior, donde se almacenan los datos, debería haber una buena probabilidad de que todavía funcione. Creo que todavía habrá una oportunidad. Pero cuanto más se prolongue esto, es menos probable que sea una posibilidad.

Sin embargo, los funcionarios han respondido que existen riesgos ambientales asociados con la excavación, y que si no se encuentra el disco duro tendrían que cubrir la factura ellos mismos. Sin embargo, Howells ha dicho que está dispuesto a destinar fondos a una cuenta de depósito en garantía para cubrir los costos de excavación.

MetaMask improves gas usage and wallet security.

A new desktop extension is launched for Microsoft Edge.

Fake phishing sites pay Google for ads

MetaMask, the wallet and browser extension for cryptocurrency, is busy strengthening its security as hacks and exploitations continue to plague the industry.

In its latest monthly report, MetaMask detailed the ongoing efforts to improve the platform for its users and increase security. There are a few changes that dApp developers should be aware of, but these will not affect users.

The wallet provider has developed “LavaMoat”, a set of tools for generating dApp packages with enhanced security in the form of Secure EcmaScript (SES) containers. He added that every version of the MetaMask extension from version 8.0.6 deploys an SES.

This toughens all of our code and dramatically reduces the number of ways a malicious dependency can compromise a user’s wallet. In short, your wallet is more secure than ever!

In addition to the Chrome, Firefox, and Brave desktop browser extensions, MetaMask has now launched one for Windows Edge users.

MetaMask: the cost of gas for transactions

The report adds that it has changed the way these transaction fees are calculated. This should allow for more consistency in the transaction fees shown on the confirmation screen, in addition to a general increase in the speed of transactions.

To do this, we launched an advanced Ethereum Gas Estimation API, first in our Swap function and then for all MetaMask transactions .

The application’s programming interface combines several gas estimation services to provide optimal gas estimations.

The average price of transactions on the Ethereum network is higher than it has been for most of November – currently at $ 2.45 according to BitInfoCharts . It peaked at $ 5 on November 26, when activity picked up for the various DeFi protocols.

In early October, BeInCrypto reported that MetaMask had started token exchanges to save fees.

The crypto ecosystem is diverse and combines very different types of investors. A look at cryptocurrencies through the psychological lens.

The various buyers of Bitcoin and Co.

There are roughly four types of people who buy cryptocurrency. The first is the genus Hodler. These are people who have a deep understanding of the underlying blockchain technology and who remain loyal to their coins forever. Hodler are there for the long term – be it to the moon or to the bottom of the valley.

The second type of people who buy cryptocurrencies are retail investors. These are the people who tend to be more trending and stumble into the crypto market with short term investment strategies. When cryptocurrencies like Bitcoin rise, they quickly jump on the bandwagon. But if the hoped-for profits fail to materialize and the market consolidates, they exit just as quickly and liquidate their assets.

The third type of people who buy cryptocurrency are institutional investors. These can be hedge funds, investment firms and banks, or public figures such as Twitter CEO Jack Dorsey. The reason Dorsey is included on this list is that he is unlikely to personally call Bitcoin exchanges like Coinbase or Binance and buy cryptocurrency through them. He is much more likely to buy through an OTC counter with an intermediary such as a financial advisor. These people get on and off the train according to their needs and budget.

The fourth type of people who buy cryptocurrency are criminals. Unfortunately, in the eyes of many people, cryptocurrency, and especially Bitcoin, are linked to illegal activity. While criminals use Bitcoin for their activities (especially hackers), they tend to turn to privacy coins like Monero , which better protect their privacy. They also make up an ever smaller percentage of crypto users as more and more people hold digital currencies overall.

The psychology of the crypto trader

The crypto market never sleeps and that has a similar impact on people who actively trade cryptocurrency. Investors can only protect themselves from the highly volatile price events with stop-loss and other useful tools that can be found on most crypto exchange platforms.

Then comes the problem of crypto custody. While buying, trading, and storing cryptocurrency is easier than ever, it is still far from being a process that can be quickly learned by an inexperienced person. Even for experienced cryptocurrency users, the notion that a single mistake in a wallet address could result in the loss of the coins being held can be very scary.

The future of cryptocurrency en

People who own cryptocurrency are all waiting for the day when crypto will finally become a common concept. The reality is that this will not happen until a healthy balance between regulation and freedom has been struck, either internally within the cryptocurrency community or with government support. In addition, cryptocurrencies must be better explained and marketed for outside interested parties.

Fortunately, these issues are gradually resolved over time. How quickly these processes take place is ultimately up to us. Trench warfare between supporters of different projects and coins stand in the way of the great goal of global crypto adaptation. Rather, the community should network and jointly announce the happy crypto message to the world.

The ongoing Bitcoin rally is pulling the entire crypto market upwards. Meanwhile, ether supply is being drawn into the DeFi sector. The market update.

After yesterday’s dive, the Bitcoin exchange rate is back on track in time for the weekend and climbs confidently above the $18,000 mark in the early hours of the morning. Not much is missing until the all-time high. In view of the rapid price increases, reaching the target mark seems to be a mere formality. On a daily basis, the Bitcoin exchange rate increases by 2.8 percent and is thus traded at 18,241 US dollars at the time of going to press.
Bitcoin price in weekly chart

On the way to becoming the new top brand, Bitcoin has already set a new all-time high with a current market capitalization of over 335 billion US dollars. In punkto market dominance the largest crypto currency lets the muscles play thus again opposite the Altcoins. The BTC dominance lies with at present scarcely 67 per cent only not far under the past yearly high of 69 per cent in May. However, this mark should also fall soon if the rally continues.

The re-ignited Bitcoin hype is reflected in a high level of on-chain trading activity. According to Coinmetrics, the number of active addresses on November 18 was over 1.19 million – the highest measured figure since January 2018.

Rotate Altcoins to

But Bitcoin is not the only one in the high-altitude rush. Almost the entire crypto market is currently benefiting from the BTC upswing. With the exception of Bitcoin Cash (BCH), all top coins are turning positive on a weekly basis.

In the Bitcoin slipstream, Ether (ETH) in particular is growing rapidly. On Wednesday the second largest crypto currency with 492 US Dollar set up a new yearly high and indicates with a 24-hour plus of 3,2 per cent the next attack on the mark. At the time of going to press, the ether exchange rate was quoted at 485 US dollars and recorded an increase in value of 5.6 percent in a weekly comparison.

Ether exchange rate on the weekly chart

The ether rally is strengthened not least by the constantly increasing integration in DeFi applications. Thus, supply is gradually shifting from the stock exchanges to decentralized finance. As the following chart from Glassnode shows, the share of ether supply in smart contracts has risen to over 15 percent. At the same time, the supply held by exchanges has shrunk to 15.7 million.

The footprint of Bitcoin is also growing in the deFi ecosystem. The circulating supply of Wrapped Bitcoin (WBTC), an ERC20 token covered by Bitcoin 1:1, has already risen to over 124,000 units. At current exchange rates, the Total Value Locked (TVL), i.e. the total volume of tokens integrated in DeFi applications, is thus over 2.2 billion US dollars.

According to Defipulse, the entire DeFi market currently has a TVL of around 13.8 billion US dollars. Wrapped Bitcoin alone thus represents around 16 percent of the total value of all tokens integrated in DeFi applications. Bitcoin is thus continuing to expand its dominance in the up-and-coming DeFi sector, at least indirectly. In its tokenized form of existence as a WBTC, the asset is developing into a fixed DeFi size and is thus once again a beneficiary. After all, the growing demand for BTCs in the smart contract-based sector is also driving up the exchange rate.

As Uniswap’s cash mining rewards programme will end within a week, the project has called a community meeting to discuss how to move forward.

The large decentralised Uniswap exchange has announced an „unofficial community call“ set for November 12 at 5:00 pm UTC. The call is scheduled to discuss several central Uniswap governance issues, including the future of its liquidity mining programme.

After a series of rival DEX clones attempted to divert Uniswap users by exorbitant native token rewards to liquidity providers during the DeFi boom, Uniswap retroactively launched its native UNI token to users and launched its own liquidity mining program Ethereum Code scam in mid-September.

UNI token, understanding everything behind the Uniswap governance token
Uniswap’s current liquidity mining programme is scheduled to end on 17 November, and a date has been set to discuss whether to extend the existing programme or revise the plan. The initial programme allocated UNI 5 million for the air launch to liquidity providers in total, equivalent to 83,333 tokens per day.

Many believe that the UNI air launch and liquidity rewards programme helped the exchange secure its position as a leading DEX in the face of numerous „vampire attacks“. However, the program may now have a negative impact on the price performance of Uniswap’s government tokens; the reward program airdrops over $260,000 in tokens daily at the current price of $3.13 each.

Investors have returned to Bitcoin, but DEX is still the future of crypto currencies
UNI began trading for approximately $3, and news of the liquidity mining programme helped drive a rally to a peak of nearly $8 within three days of the token’s launch. However, UNI fell steadily from September 19 to early November to reach a record low of $1.80 on November 5.

Some traders believe that the best thing for the Uniswap token would be to stop the liquidity mining program, and Twitter user „Tetranode“ is telling his 5000 followers that ending liquidity rewards and associated selling pressure would lead to a new phase of price discovery for UNI:

In the third quarter before October saw the DeFi boom, DEX volumes were up by over 1,000%

The community meeting is also scheduled to discuss Uniswap’s first two failed governance proposals, project governance processes and integrations with fellow heavyweights DeFi, Compound and MakerDAO.

Translated with www.DeepL.com/Translator (free version)

Este factor podría dar un nuevo impulso al Bitcoin Rally

Bitcoin ha experimentado una inmensa volatilidad en los últimos días. La moneda se negocia actualmente por 13.800 dólares – por encima de los mínimos de 13.200 dólares del lunes, pero por debajo de los máximos diarios de 14.100 dólares y los máximos del fin de semana al mismo nivel.
Bitcoin ha subido alrededor del 1,5% en las últimas 24 horas – y algunos analistas creen que BTC a Bitcoin Storm está dispuesto a subir debido al mercado de futuros.
Un analista ha compartido datos que muestran que los mercados de futuros para la moneda criptográfica están claramente en declive en este momento.
El problema, según el analista, es que muchos de estos cortos son bajistas, mientras que la tasa de financiación también es negativa.
Esto podría llevar a un llamado „apretón corto“, que podría empujar a Bitcoin hacia arriba.

Los datos de los futuros muestran: Bitcoin podría moverse aún más alto

Bitcoin ha experimentado una inmensa volatilidad en los últimos días antes y durante las elecciones presidenciales de los Estados Unidos. La principal moneda criptográfica se negocia actualmente por 13.800 dólares, por encima de los mínimos de 13.200 dólares del lunes, pero por debajo de los máximos diarios de 14.100 dólares y de los máximos del fin de semana en el mismo nivel.

Bitcoin ha ganado ligeramente en las últimas 24 horas, mientras que la volatilidad está haciendo que la moneda criptográfica fluctúe entre 13.000 y 14.000 dólares.

Los analistas dicen que es probable que Bitcoin siga aumentando en las próximas horas y días. Un analista de criptografía ha dividido el gráfico que figura a continuación, que muestra que los mercados de futuros de criptografía están claramente en declive en este momento.

El problema, según el analista, es que muchos de estos cortos son bajistas, mientras que la tasa de financiación también es negativa. Esto aumenta enormemente las posibilidades de que Bitcoin esté sujeto a una contracción corta, lo que hace que los precios suban rápidamente.

„Mientras tanto, la tasa de financiación en Binance ha sido negativa en general en los últimos días y la relación L/S también ha caído (más cortos). Me parece que un montón de pantalones cortos sobreendeudados están bajo el agua“.

Gráfico de la evolución de los precios de la BTC en las últimas semanas con el análisis del comerciante criptográfico Byzantine General (@ByzGen On Twitter). Fuente: General Bizantino: BTCUSD de TradingView.com

La tasa de financiación es la tasa con la que las posiciones largas pagan regularmente las posiciones cortas para mantener el precio futuro en el mercado spot. Las tasas de financiación negativas, combinadas con el aumento de los precios, aumentan las posibilidades de que se produzca una escasez de fondos.

La incertidumbre postelectoral podría impulsar la corrección

La incertidumbre de las elecciones podría significar que este escenario no se materialice.

Varios analistas han señalado cómo la incertidumbre que rodea a las elecciones de los Estados Unidos podría provocar movimientos en mercados como el del dólar y el de Bitcoin debido a las diferentes políticas económicas y financieras.

The US Armed Forces Southern Command has again raised the issue of Nicolas Maduro’s use of crypto-money for illegal activities.

According to a local Costa Rican newspaper, in the middle of a diplomatic visit to Costa Rica this week, Craig Faller, who is the head of the U.S. Armed Forces Southern Command, again linked the use of crypto currency by the Nicolás Maduro Administration to illegal activities, this time emphasizing drug trafficking.

The meeting was attended by Michael Soto, Minister of Public Security of Costa Rica, Sharon Day, United States Ambassador to Costa Rica, and other Costa Rican and United States public officials.

Admiral Faller went so far as to state directly that the Nicolás Maduro Administration has „deep tentacles in crypto bull-money, in the digital world, cyber-weapons,“ adding that these tools have been at the service of „narco-terrorists“ and have served to increase drug trafficking in Costa Rica, Guatemala and Honduras.

Crypto-currencies to avoid sanctions

As we recently reported in Cointelegraph, this is not the first time that the use of cryptomontages by Nicolás Maduro has been echoed in Venezuela by the US Armed Forces Southern Command.

At the beginning of October Faller himself mentioned in a virtual conference that they were closely monitoring the use of these assets by Nicolás Maduro and his administration and were aware of the latter’s attempts to use cryptomoney to evade the economic sanctions the United States has imposed.

On the other hand, Nicolás Maduro has gone ahead with the idea of using crypto-currencies at the state level and has sought to do so through the so-called „Anti-Blockade Law“, a legal body that was also presented in October and which, according to Maduro’s administration, seeks to provide legal and judicial tools so that Venezuela can obtain financing and bypass the blockades. It is important to note that among the tools mentioned in the law is the use of crypto-currency to achieve the objectives.

El reciente estudio de Bitcoin Investor de Grayscale ha estado pintando un buen panorama para Bitcoin en términos de adopción. Más de la mitad [55%] de los inversores estadounidenses estaban interesados ​​en productos de inversión de Bitcoin en 2020, en comparación con el 36% observado en 2019. Las principales razones de este impulso han sido la pandemia que empuja a la gente a buscar nuevos medios de inversión y Bitcoin ha ha demostrado proporcionar mejores ganancias después del accidente del LED COVID-19.

A pesar del repunte en la adopción de Bitcoin , ciertos datos demográficos han expresado una falta de interés en los productos de inversión de Bitcoin. Según la encuesta de Grayscale , solo el 40% de los inversores en el grupo de edad de 55 a 64 años, que era el más antiguo de la sección encuestada, mostró familiaridad con Bitcoin. Este valor ha sido el más bajo dentro de cualquier grupo de edad. Además, solo el 30% de las personas de entre 55 y 64 años notaron una inclinación a considerar los productos de inversión de Bitcoin.

El gráfico anterior proporcionó una mejor imagen del interés que Bitcoin ha generado entre las masas. Aquí podemos notar que los seguidores de Bitcoin eran en su mayoría de las generaciones más jóvenes, desde Millenials hasta GenX.

Bitcoin preocupa a los boomers

Sabemos que la adopción de tecnología ha sido difícil a medida que subimos en la escala de edad, sin embargo, eso no parecía una preocupación importante para las criptomonedas. Sin embargo, las preocupaciones reflejaban las circunstancias de los inversores de mayor edad en lo que respecta al acceso a los ingresos por inversiones para la jubilación que se aproxima.

Mientras que otras preocupaciones sobre la volatilidad de Bitcoin afectaron a casi el 81% de los desinteresados. Sin embargo, al observar el desempeño del mercado de Bitcoin en 2020, el activo ha reflejado una gran madurez ya que los grandes anuncios positivos o negativos han sido absorbidos por el mercado de Bitcoin. Las noticias sobre las inversiones de Square en Bitcoin o la investigación de OKEx no afectaron principalmente el valor de BTC. Debido a estas preocupaciones como activo de inversión, el 84% dijo que BTC era „demasiado arriesgado para su perfil de inversión“.

Los inversionistas masculinos que viven en un área rural, de 51 años de edad, quienes con activos invertibles entre $ 100K y $ 250K declararon la razón para mantener a raya a Bitcoin como:

„No es tangible, demasiadas variables con su valor“

Mientras que las mujeres inversionistas que viven en áreas rurales, de 37 años con activos invertibles de $ 25 mil y $ 50 mil, desconfiaban de los ataques cibernéticos.