Market Wrap: Bitcoin-handelsmenn forventer stort trekk som Volatility Plummets

Bitcoin Era åpnet uken fremdeles fast i en prisklasse like over $ 9000 mandag, og beveget seg under 0,2% fra fredagens avslutning fra 20:00 UTC (16:00 ET), ifølge Bitstamp.

Klokken 00:00 på mandag (20:00 søndag ET) byttet bitcoin (BTC) hender rundt 9 115 dollar på stedsbørs som Bitstamp.

Til tross for en kort dukkert under 9 800 dollar lørdag ettermiddag, handlet ikke bitcoin over 9 200 dollar eller under 9 000 dollar mandag

Ether (ETH), den nest største cryptocurrency etter markedsverdi, klatret mindre enn 1% fra den daglige åpne mandagen og handlet rundt 226 dollar fra 20:00 UTC (16:00 ET).

Bytteinnstrømninger fra bitcoin-gruvearbeidere strømmer inn etter hvert som bitcoin fortsetter å handle på de lave 9 000 dollar. Et syv-dagers glidende gjennomsnitt viser tilsig fra gruvearbeidere til børser har nådd sitt høyeste nivå hele året. Dette kan være et bearish signal , ifølge noen analytikere.

Gruvearbeidere er egentlig ikke spekulanter med bitcoins som holdes på balansen som varebeholdning, ”sa Austin Storms, grunnlegger av gruvedriftens mobilinfrastrukturfirma BearBox. De vil lett selge det for kontanter for å redusere risikoen eller utvide driften, la han til. Men å utlede at gruvearbeidere som sender mynter til børser er et bearish markedssignal, ifølge Storms, er en „stor rekkevidde.“

Gruvearbeidere utgjør en liten prosentandel av det daglige salgspresset, forklarte han. Å bruke disse dataene for å rettferdiggjøre en bearish markedsavhandling er „utforskende analyse som ønsker å være bekreftende,“ sa Storms.

„Folk kjeder seg med $ 9.100- $ 9.400-serien og ser etter noen grunn til at vi kanskje vil vike fra det snart.“

Bitcoin volatilitet synker når den fortsetter å handle i en trang prisklasse. I følge data fra Skew falt den impliserte volatiliteten til eter-bitcoin til et lavt tid gjennom hele helgen, og Bitcoin Volatility Token (BVOL) lansert av FTX tidligere i år, som sporer markedsvolatiliteten, har falt i nesten 20 dager på rad .

Med volatilitet i historiske lavmål, sa CoinGecko-forskningsanalytiker Daryl Lau til CoinDesk at han „absolutt ikke vil bli overrasket over å se et stort trekk.“ Søndagens korte fall under 9.000 dollar ble „kjøpt opp på lave volum,“ bemerket han. Cryptocurrency utvekslingsvolum og den fortsatte korrelasjonen til S&P 500, som kort brøt under 3000 mandag morgen, ser ut til å signalisere et „nedadgående tiltak“ for bitcoin, sa Lau.

Når markedet prøver å bestemme seg for hvilken vei de skal forlate sin nåværende prisklasse, blir noen handelsmenn stadig mer frustrerte. „Konsolideringer kan være frustrerende for kortsiktige handelsmenn, spesielt de som handler med innflytelse og prøver å ta pauser,“ sa Matt Ficke, leder for Capital Markets i OKCoin. Bitcoin har stengt mellom $ 9 050- $ 9 820 prispoeng de siste syv ukene, ifølge OKCoin ukentlige diagrammer.

Se også: Bitcoin mot større volatilitet enn eter i 3. kvartal, alternativ markedsdata foreslår

For Ficke er markedet „å teste eller diskutere om bitcoin kan koble fra egenkapitalutviklingen i dette makromiljøet.“

Andre markeder

Desentraliserte finansmidler var noen av de største taperne på mandag, ifølge 24-timers prisendringsdata fra Messari . Compound ( COMP ), som var “ soaring “ for flere dager siden, er ned 9,5%. Også nedover er nexo ( NEXO ) med 3,7%, grunnleggende oppmerksomhetstoken ( BAT ) 3,26% og matisk nettverk ( MATIC ) med 2,6 prosent. Alle prisendringer var fra 20:00 UTC (16:00 EDT).

I råvarer holdt gull seg stort sett flatt mandag ned mindre enn 0,05% fra 20:00 UTC (16:00 ET). Det gule metallet handlet rundt 1771 dollar.

I mellomtiden er de største aksjeindeksene stort sett grønne på mandag.

FTSE 100-indeksen i Europa fikk omtrent 1,5% fra den daglige åpningen på publiseringstidspunktet. S&P 500 fikk også nesten 1,5% mandag til tross for økende frykt for en landsomfattende økning i coronavirus-tilfeller. Bare Nikkei 225 falt mandag, og avsluttet med et tap på mer enn 1%.

Bitcoin (BTC) Price Trend Bearish, $9,070 es el nuevo nivel clave: Analista

Contenido

  • La tendencia a la baja continúa
  • ¿Es un columpio antes de una tendencia alcista?

Bitcoin (BTC) apenas escapó de la zona de menos de 9.000 dólares y se está acercando a sus mínimos mensuales. ¿Cuál es el siguiente nivel de la línea roja para los toros?

La tendencia a la baja continúa

El empresario, matemático, gestor de fondos privados de cobertura y comerciante Koroush AK confirmó su predicción bajista de precios a corto plazo para Bitcoin Code según un gráfico que publicó en un tweet reciente, Bitcoin (BTC) no abandonó el canal descendente que se formó el viernes 26 de junio de 2020.

Después de la reciente caída del precio por debajo de los 9.000 dólares, el nivel de 9.070 dólares se ha convertido en un nivel de resistencia clave. La continuación de la tendencia a la baja depende de si los toros de Bitcoin (BTC) logran mantenerla.

El Sr. Koroush admitió que los osos todavía tienen la fuerza para empujar el precio de la moneda rey más abajo de su posición actual.

Cabe señalar que el precio de Bitcoin (BTC) ha caído a sus mínimos mensuales en algunas bolsas. Esta fea vela roja fue seguida por una liquidación de 22 millones de dólares en la plataforma de comercio de derivados de BitMEX.
¿Es un cambio antes de una tendencia alcista?

Aparte de lo mencionado, algunos analistas de primera línea creen que las cosas no están tan mal para los titulares de Bitcoin (BTC). El operador y analista de criptodivisas holandés Michael van de Poppe prevé un escenario alcista tanto para Bitcoin (BTC) como para Ethereum (ETH).

Para él, el rango de 8.800 y 8.900 dólares es una zona crucial para Bitcoin (BTC). Los intentos exitosos de los toros por mantener este rango pueden iniciar una espléndida carrera por dos de las criptodivisas más populares.

Creo que si mantenemos los 8.800-8.900 dólares. De aquí a 9.600 dólares -> luego voltear 9.300 dólares -> arrastrándose de vuelta con una aceleración superior a 10.000 dólares y luego 11.500-12.000 dólares de prueba. Eso pondría a $ETH por encima de $300 también.

Cabe destacar que el CTO del proveedor de datos en cadena de Glassnode mencionó que los hodlers de Bitcoin (BTC) todavía están llenos de optimismo sobre su rendimiento.

Ayer, 27 de junio de 2020, el CTO compartió doce gráficos que mostraban la confianza de los poseedores de Bitcoin (BTC) a largo plazo en este turbulento 2020. Tal narrativa parece más que optimista para él.

Testing an army of hackers may help improve the security of cryptosystems, but isn’t that enough already?

In the last decade, piracy gradually became a respectable and potentially rewarding career thanks to the introduction of error rewards.

While some organizations like Mozilla launched error rewards in 2004, the biggest boost to the industry came when Google and Facebook launched similar programs in 2010 and 2011, respectively. Soon after, in 2011 and 2012, platforms like Bugcrowd and HackerOne marketed the rewards for errors to make it easier for other companies to set them up.

The error reward pays independent researchers who find and report vulnerabilities that could impact the security of the system or its users. One of the most common vulnerabilities is the so-called Cross-Site Scripting (XSS) attack, which injects malicious JavaScript code into a user’s browser.

Because of the way JavaScript permeates the web today, this attack can essentially be used to hijack a victim’s account, and Google will pay up to $7,500 for this category of errors.

Recent Data Hacking Could Put Millions of Dollars at Risk in Bitcoin
Why are error rewards useful?

s are limited in both time and the number of eyes that provide scrutiny. While they are useful for detecting „every last rotten fruit“ before releasing the software to the public, some of the more serious errors could be the result of the composition of many subtle design flaws.

As a recent example of this, an independent researcher found a major error in the ProgPoW algorithm despite multiple previous audits.

Recent hacks in decentralized finance, or DeFi, show the complexity of these systems. In the first bZX hack, the core of the vulnerability was a subtle failure to verify adequate collateral in bZX’s smart contracts, but flash loans and other platforms provided the tools needed to extract money through this error.

The Google rewards program easily demonstrates that releasing secure code from the beginning is almost impossible. Its error-reward program recorded an unprecedented record of $6 million in payments in 2019, nine years after the launch. During that period, the company had all the tools to perfect its internal security practices, but the complexity of its systems seems to have made this almost impossible.

A group of hackers exploited vulnerabilities in SQL Server to undermine crypto currencies

Rewards for crypt errors
Many companies and crypto projects will offer generous rewards for critical errors. DeFi Maker, Compound and Aave projects have maximum rewards of $100,000, $150,000 and $250,000 respectively.

Major exchanges such as Kraken, Coinbase and Crypto Wealth also offer error reward programs. Kraken has no explicit maximum, while Coinbase and Binance exceed $50,000 and $10,000, respectively. Not all major exchanges launched such programs, especially Huobi and Bitstamp.

It is worth noting that the advertised maximum payment does not necessarily make the program more attractive, as the amounts paid are almost always at the discretion of the company.

Of the 458 reports sent to Coinbase, the maximum payment was only $20,000, while the average is only $200. Some of the highest average payouts in Hacker One can be obtained from Monolith, Tron (TRX) and Matic, although the latter has just launched its error reward program.

The Zimbocash crypto currency is included in Bithumb

A project to develop a decentralized national currency network in Zimbabwe has received a major boost with the inclusion of its token, Zimbocash (ZASH), in Bithumb Global.

According to a May 22nd report in the Zimbabwe Independent the inclusion will allow the currency to grow substantially, providing a solid money alternative to the crumbling Zimbabwean dollar.

Coronavirus adds to Zimbabwe’s economic problems

Zimbabwe’s economy is already facing a crisis, with an inflation rate of around 500%. As Cointelegraph reported, the Reserve Bank of Zimbabwe was earlier this year considering a fintech testing framework, while also focusing on stabilizing the local currency.

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However, the impact of the coronavirus pandemic has dealt a devastating blow, as many believe that the government is now insolvent and has little borrowing capacity left. Zimbocash’s head of communications, Philip Haslam, said in a statement

„The government has admitted that it will print money on a large scale to finance itself, which could push the country into hyperinflation […] We believe that Zimbocash is perfectly positioned to solve this problem by fixing the amount of money in the country using blockchain technology. Our goal is to provide solid money.

Global list provides much-needed liquidity

To be successful, Haslam says that Zimbocash needs a network of scale and a liquid market price to use as a reference in daily trading.

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While work on the former has continued for some time, the inclusion provides the necessary liquidity and validates the work done so far on network growth. Haslam believes the project is realising some of Bitcoin’s (BTC) potential:

„We are fulfilling Bitcoin’s dream, we are developing a peer-to-peer payment platform and facilitating on-the-ground trading in a country.

Zimbabwe desperate for solid money

While the prospect of launching an alternative national Bitcoin Trader – Bitcoin Circuit – Bitcoin Evolution – The News Spy – Bitcoin Profit – Bitcoin Revolution – Immediate Edge – Bitcoin Era – Bitcoin Code – Bitcoin Billionaire may seem daunting to some, Zimbabwe is crying out for such a solution to its economic problems. The head of Zimbocash’s subscriber network, Laswet Savadye, explained:

„Zimbabwe is perhaps the only country where a decentralized currency network of scale could be established. Zimbabweans are desperate for a sound money solution and there is no alternative like Zimbocash.

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Zimbocash offers free tokens to Zimbabweans who register, along with referral vouchers. The reward is halved every three months, and currently stands at ZASH 3125.

While the Bithumb list will allow users to get paid, its main objective is to establish a market price and facilitate daily trading.