Kategorie: Bitcoin

We have taken an in-depth look at trading on the exchange in this Ethereum Trader review. Ethereum Trader has been operating in 52 countries since 2012 and is controlled by iFinex Inc. from Hong Kong. Time and again, the company hit the negative headlines in the past. In particular, the alleged price manipulation of Bitcoin on the trading platform is said to have been responsible for about half of the price increase at the end of 2017. In the following Ethereum Trader review, we look at the platform, fees, available coins and more.

How we test Ethereum Trader

This Ethereum Trader test is based on comprehensible and transparent standards in order to provide you with the clearest possible assessment. For instance, what about the regulation and security of the platform? What effect do past incidents still have today? For this, we look at a number of features of the Exchange. If you are interested in other exchanges, we have tested them in detail as well.

Ethereum Trader Alternatives Experiences

Currently, there are hardly any alternatives to Ethereum Trader if traders want to have the widest possible selection of the top 100 cryptocurrencies. There is hardly any other crypto exchange in the world that can match Ethereum Trader’s offering. Especially those who focus on the newer altcoins will hardly find any alternatives to Ethereum Trader at the moment.

Conclusion: Ethereum Trader offers over 30 cryptocurrencies

Ethereum Trader is one of the world’s leading crypto exchanges, according to our Ethereum Trader experience. The provider owes this status primarily to its large selection of different cryptocurrencies. Not only Bitcoin and the well-known Altcoins (for example Ripple or Litecoin) are tradable, but also many lesser-known Altcoins. The currency pairs USD, EUR, GBP, JPY, BTC and ETH are traded. Only recently, the crypto exchange raised the minimum deposit to 10,000 euros.

This was done in order to cope with the large rush of customers and to focus primarily on ambitious investors. However, despite the low fees and the large trading selection, Ethereum Trader has also been criticized. For example, there were technical errors in 2017, which brought many customers large losses and brought negative balance. Even before that, there were problems with the server and the technology, as the crypto exchange was not prepared for the large rush. In the meantime, however, these problems are largely under control, but the crypto exchange is still not accessible to all customers.

For example, registration has been suspended in the meantime. The Invitation Code (a kind of bonus) is also no longer available. You can get to know Ethereum Trader first, because the registration is completely free. A free demo account is available for this purpose, which is not the case everywhere, as is the case with Cryptology.

Das digitale Zeitalter hat neue Arten von Währungen hervorgebracht, für die klassische Wallet nicht mehr gültig sind. Krypto-Wallets sind die Wallet, in denen digitale Währungen und die Geräte, die Transaktionen mit diesen Währungen ermöglichen, sicher aufbewahrt werden können.

Krypto Wallet sind verschlüsselte Geräte, die zum Speichern, Senden und Empfangen von Bitcoins oder anderen virtuellen Währungen verwendet werden. Sie haben jedoch wenig mit den ledernen Wallet zu tun, die wir in unseren Taschen tragen, denn Kryptowährungen werden nicht an einem bestimmten Ort aufbewahrt, sondern in Datenblockketten gespeichert.

Es gibt zwei Elemente, die Kryptowährungen definieren. Die erste ist die öffentliche Adresse, über die der Kontostand der Wallet bekannt ist. Die Blockchain zeichnet die getätigten Transaktionen auf, und der daraus resultierende Betrag wird in der öffentlichen Adresse festgehalten. Der zweite ist der private Schlüssel, der benötigt wird, um Überweisungen zwischen zwei Wallets durchzuführen. Es handelt sich um einen hexadezimalen Code – bestehend aus zehn Ziffern und den ersten sechs Buchstaben des Alphabets -, der ebenso kompliziert wie sicher ist.

Die Gewährleistung der Sicherheit der digitalen Währungen ist das Hauptziel dieser Wallets und auch ihr Unterschied. Denn genauso wenig, wie wir 10.000 Euro in unserem Portemonnaie mit uns führen oder ein Sparkonto eröffnen, um 50 Euro einzuzahlen, werden wir die komplexesten und sichersten Krypto-Wallets für größere Operationen und die einfachsten für kleine, routinemäßige Transaktionen verwenden.

KRYPTO-GELDBÖRSEN FÜR HANDYS UND TABLETS

Diese entsprechen am ehesten der Definition einer Wallet, da sie für kleine Zahlungen mit virtueller Währung ausgelegt sind. Die bekannteste ist Bitcoinwallet, die auf Android verfügbar ist und viele Optionen bietet, um den Prozess der Überweisungen zwischen Nutzern zu vereinfachen.

ONLINE-KRYPTO-WALLET

Sie sind am schnellsten und am besten zugänglich, aber auch am unsichersten. Die Daten werden auf einem Server in der Cloud gespeichert. Der private Schlüssel ist für den Nutzer nicht zugänglich, sondern wird auf dem Server des Unternehmens gespeichert, das die Wallet anbietet.

COMPUTER-KRYPTO-WALLET

Sie garantieren eine größere Sicherheit als die vorherigen, da sich der private Schlüssel der Wallet auf dem eigenen Computer befindet, so dass das Risiko, dass er gehackt wird, viel geringer ist. Außerdem wird der Schlüssel in der Regel verschlüsselt, für den Fall, dass die Sicherheit des Computers aus irgendeinem Grund gefährdet ist.

PHYSISCHE KRYPTO-WALLET

Es gibt zwei Arten: Hardware-Wallet und dynamische Wallet. Erstere sind Geräte ähnlich wie „Pendrives“, auf denen Daten gespeichert werden. Der Schlüssel befindet sich nicht auf einem Computer und ist daher nicht mit dem Netz verbunden. Darüber hinaus verfügt es über zusätzliche Codes zum Schutz der Daten, falls das Gerät gestohlen wird.

Dynamische Wallet arbeiten mit privaten Schlüsseln, die nur jeder Nutzer besitzt. Der Hauptunterschied besteht darin, dass sie mit dem Internet verbunden sind, obwohl das Risiko eines Hackerangriffs minimal ist, wenn bestimmte Vorsichtsmaßnahmen getroffen werden, wie z. B. der Verzicht auf den Zugang zu kostenlosen WiFi-Netzwerken und die Vermeidung von Viren.

Yuan Pay Group hatte früher ein erforderliches Kapitallimit von mindestens $10.000, aber das gibt es nicht mehr. Sie können eine Einzahlung per Banküberweisung/Überweisung (im Falle von Fiat-Währungen) oder einen Kryptowährungstransfer von einer externen Geldbörse vornehmen. Nach der Einzahlung können die Nutzer Gelder zwischen den Börsen- oder Margin-Handels- und Finanzierungskonten verschieben. Auf diese Weise können Sie verschiedene Konten für verschiedene Yuan Pay Group-Dienste haben (z. B. Margin-Kredit/Handel, außerbörslicher Handel).

Eine Einzahlung zu tätigen ist einfach, aber bei einer Banküberweisung dauert es etwas länger. Das liegt daran, dass Einzahlungen per Banküberweisung nur für verifizierte Konten möglich sind. Zum Zeitpunkt der Erstellung dieses Artikels benötigt Yuan Pay Group wegen https://www.eureschannel.org/yuan-pay-group-erfahrungen-test/ etwa sechs bis acht Wochen, um Ihr Konto zu verifizieren.

Abhebungen funktionieren auf ähnliche Weise: Nutzer können Fiat-Währungen per Überweisung auf ihr Bankkonto zurücksenden. Alternativ können Sie Kryptowährungen auch auf Ihr externes Wallet zurücküberweisen. Abhebungen von Fiat-Währungen dauern bis zu zehn Werktage, während Abhebungen von digitalen Währungen bis zu zehn Stunden dauern.

Wie man ein Konto bei Yuan Pay Group eröffnet

Wenn Sie auf dem Weg sind, ein ernsthafter Trader zu werden oder bereits einer sind, ist die Yuan Pay Group-Börse der richtige Ort für Sie. Die Eröffnung eines Yuan Pay Group-Kontos ist so einfach und unkompliziert, wie es nur geht, aber bevor Sie ein Konto eröffnen, sollten Sie die folgenden Anforderungen beachten.

Yuan Pay Group ist eine Plattform, die für professionelle Händler zugeschnitten ist.
Es gibt ein 6- bis 8-wöchiges KYC-Verifizierungsfenster, bevor ein Benutzer Funktionen für Fiat-Einzahlungen und -Abhebungen nutzen kann.
Die Börse erhebt eine Inaktivitätsgebühr: Wenn Sie über einen ununterbrochenen Zeitraum von einem Jahr nicht gehandelt oder eine Finanzierungsaktivität durchgeführt haben, berechnet die Börse Ihnen $5 pro Monat, was sich ändern kann.
Beachten Sie, dass Yuan Pay Group aus regulatorischen Gründen den Zugang für Nutzer aus den folgenden Ländern einschränkt: Vereinigte Staaten, Kuba, Demokratische Volksrepublik Korea (Nordkorea), Iran, Syrien oder Krim.

Media Publishares, editores de Vogue, Esquire, Robb Report y Buro en Singapur anuncian una asociación con Vidy para lanzar y desarrollar una plataforma NFT que atiende a la industria de la moda, las artes y la música.

Fundada por el empresario tecnológico de Singapur Matthew Lim y el ex alumno de la Universidad de Harvard Patrick Colangelo, Vidy es una herramienta de publicidad digital impulsada por blockchain que recompensa a los espectadores con su criptomoneda nativa, VidyCoin.

Habiendo implementado la tecnología de Vidy en los títulos de Media Publishares, la asociación entre las dos compañías ha crecido orgánicamente, dado su enfoque compartido de „primero digital“ y su pensamiento innovador

La plataforma no fungible, cuyo lanzamiento está programado para el tercer trimestre de 2021, celebra el arte y la cultura dentro de un entorno virtual navegable de 360 ​​grados que muestra moda, arte, música y diseño digitales. Las características clave de la plataforma incluyen la acuñación, el comercio y la subasta de NFT a través de un sistema tokenizado, junto con la capacidad de albergar interacciones sociales.

Centrada en desarrollar la creatividad virtual como un conjunto de habilidades mientras promueve el consumo sostenible, la plataforma donará un porcentaje de las ventas de NFT a organizaciones que aborden problemas del mundo real para garantizar una conexión positiva entre el mundo virtual y el físico.

“El mercado de NFT creció más del 229% desde 2020 para alcanzar más de $ 500 millones. Sin embargo, todavía se encuentra en las primeras etapas y tiene un largo camino por recorrer con respecto al desarrollo de infraestructura. Con el metaverso y el auge de los modelos digitales, las personas podrán vivir en un mundo virtual paralelo donde podrán poseer una identidad digital y comprar artículos no solo en un archivo digital, sino como cualquier activo único en su tierra virtual, similar a su físico. mundo ”, dijo Lim.

“Para esta nueva plataforma NFT, Vidy liderará el desarrollo de tecnología y blockchain, dada nuestra experiencia única en el trato con negocios tradicionales y cripto. Confiamos en que crearemos la mejor plataforma que impulsará el mundo de NFT al permitir una participación fluida de las comunidades tradicionales de la moda, el arte y la música „.

La plataforma NFT se dirigirá a una audiencia con conocimientos digitales que buscan artículos de lujo con bajo impacto ambiental, al tiempo que atraerá a los creadores que exploren una identidad virtual para sus diseños y nuevas fuentes de ingresos para su oficio

“Media Publishares siempre ha estado por delante de la curva con su enfoque innovador para la narración de historias liderado por nuestros títulos principales Vogue, Esquire, Robb Report y Buro Singapore”, dijo Michael von Schlippe, presidente de Media Publishares. “Lo que vemos es un nuevo renacimiento creativo donde la creatividad y la tecnología están impulsando el cambio juntas. Al crear una plataforma NFT, que esencialmente actúa como un mercado virtual entre creativos y usuarios, nos permite proporcionar una plataforma única de compra junto con contenido para la comunidad en forma de educación, interacción y entretenimiento ”, agregó von Schlippe.

Los títulos de Media Publishares han ganado reconocimiento mundial por su enfoque de la creación de contenido. Los proyectos notables incluyen el „Problema de Inteligencia Artificial“ de Esquire Singapore, que ganó el Oro en los Premios de Publicidad Nativa en Berlín y el lanzamiento digital de Vogue Singapur en agosto de 2020 con un micrositio de 360 ​​grados „Vogue Studio“, entre otros.

Messari: ETH2 could knock bitcoin off its pedestal and overtake it in price

Bitcoin seems to have long since completed its transformation from digital cash to digital gold. But if Messari analyst Ryan Watkins has his way, Ethereum’s ETH2 could overtake BTC in the long run.

Can Ethereum’s ETH2 replace Bitcoin as a store of value? For Messari analyst Ryan Watkins, this is anything but an unrealistic scenario.

Bitcoin: From digital cash to digital gold

„Bitcoin: An electronic peer-to-peer cash system“, the title of the legendary Bitcoin white paper, sums up the original idea of BTC. BTC is supposed to be Crypto Code digital cash that can be transferred around the globe without the need for a middleman, first and foremost a (central) bank. While Bitcoin was used to pay for goods in its early days – initially on the darknet, later also by companies such as Overstock or (in the meantime) Steam – the Bitcoin narrative has increasingly shifted from electronic cash to a store of value.

If you look at the fundamentals of Bitcoin, you can see why: with an average of three to five transactions per second, the Bitcoin network is not able to compete with centralised providers like Visa and the like in terms of speed. The high exchange rate fluctuations also make traders reluctant to accept bitcoin directly. If a company offers the payment option Bitcoin, it is usually done through a middleman.

Ethereum 2.0: More secure than Bitcoin?

Thus, Bitcoin’s strength lies not in its speed but in its unsurpassed security, which is based not least on its transparent and predictable „monetary policy“ and its circulating quantity capped at 21 million units. Those who know how to manage their private keys will hardly find a safer place in the world for their money than the ever-growing Bitcoin network. At least so far. Because if Ryan Watkins of the crypto-analysis company Messari has his way, Ethereum’s ETH2 could overtake Bitcoin as the most sought-after store of value in the crypto-verse in the long term.

„The selling point of Bitcoin over Ethereum as a store of value boils down to the fact that monetary policy is very predictable and the Bitcoin blockchain is very secure. I think that with the move to Eth2 and to proof-of-stake, […] Ethereum may actually be more secure than Bitcoin.“
Ryan Watkins in an interview with Fintech Today

How Watkins comes up with the idea that Proof of Stake is actually more secure than Bitcoin’s Proof-of-Work mechanism is not explained by the Messari analyst. But Watikins has another argument up his sleeve for ETH2, the premise of which is easier to verify: the foreseeable deflation of ETH2.

Ethereum 2.0: deflation in sight?

Ethereum’s monetary policy will indeed change in ETH2, so that it will not only be less inflationary than Bitcoin, but actually deflationary. So there will actually be less and less Ether every year because it will be burned.

Watkins is alluding to Ethereum Improvement Proposal (EIP) No. 1559. EIP-1559 wants to overturn Ethereum’s fee model and introduce a base fee, the amount of which is destroyed („burnt“) with every transaction. In addition, EIP-1559 provides for a doubling of the gas limit of a block to 25 million gas. The gas limit limits the sum of network fees collected in a block. Thus, it also conditions the number of transactions that „fit“ into a block.

However, EIP-1559 aims for blocks to be utilised to an average of 50 per cent. This is done by varying the price of a gas unit – as well as the amount of the base fee – with the network utilisation. If a block is less than 50 per cent utilised, the gas price drops and vice versa. In this way, the network should be able to cope better with peak loads.

Meanwhile, it is becoming increasingly likely that EIP-1559 will come. At the beginning of March, a conference of Ethereum core developers suggested July 2021 as the date for the launch.

ETH on saavuttanut 4 kuukauden korkeimman tason BTC: tä vastaan, koska bitcoinin kyvyttömyys jatkaa härkätaistelua vähentää edelleen määräävää markkina-asemaansa.

Bitcoin ei ole onnistunut kaksinkertaistamaan palautumistaan, ja se on pysynyt paikallaan $ 32K: n ja 33K: n välillä viimeisen päivän ajan. ETH: n johtamat suuret ja keskisuuret altcoinit ovat kartoittaneet voittoja BTC: tä vastaan, kun taas Bitcoin-määräävä asema jatkaa negatiivista asemaansa pudoten noin 63 prosenttiin.

BTC epäonnistuu rikkoutumalla yli $ 34K

Sen jälkeen kun bitcoin oli pudonnut alle 29 000 dollariin aiemmin tällä viikolla, varallisuus näytti suuntautuvan nopeaan palautusistuntoon, kuten se on tehnyt aiemmin. Juuri eilen kryptovaluutta sai yli 5000 dollaria arvoonsa.

Tämä johti BTC: n lähestymiseen 34 000 dollariin, josta tuli päivittäinen huippu, ja merkittävä tuki muutti vastustustasoa. Bitcoin ei kuitenkaan hajonnut korkeammalle, ja myöhempi hylkääminen ajoi sen yli 2000 dollarilla alle 31 500 dollariin.

Seuraavien tuntien aikana BTC aloitti toisen jalan, joka nosti sen noin 33 000 dollariin. Kaikkien aikojen ensimmäinen kryptovaluutta ei kuitenkaan voinut rikkoa sen yläpuolella ja käy kauppaa tällä hetkellä juuri tämän tason alapuolella.

Teknisestä näkökulmasta BTC: n on voitettava kriittiset vastuslinjat 34 000 dollaria ja 36 200 dollaria jatkaakseen härkätaistelunsa. Toisaalta tukitasot, jotka ovat 30 760 dollaria, 30 000 dollaria ja 29 630 dollaria, voivat auttaa toisen korjauksen yhteydessä.

ETH voittaa 1300 dollaria: Altcoins nousee ja vähentää BTC: n määräävää asemaa

Suurin osa vaihtoehtoisista kolikoista on hidastunut eilisen merkittävän kaksinumeroisen voiton jälkeen. 24 tunnin mittakaavassa XRP, Bitcoin Cash ja Cardano ovat merkittäviä tappioita. Samaan aikaan Binance Coin, Chainlink, Polkadot ja Litecoin ovat lisänneet noin 1%.

Alkuun altcoineista Ethereum on voittanut eniten päivässä – 4,5%. Tämän seurauksena toiseksi suurin digitaalinen omaisuus on noussut yli 1 300 dollariin muutaman päivän tauon jälkeen tämän tason alapuolella. Dollarin nousun lisäksi ETH on myös noussut BTC: tä vastaan.

ETH / BTC oli uuden kuukauden alussa 8 kuukauden alimmalla tasolla, vaihdellen noin 0,024, mutta viimeisimmän hintatoiminnan jälkeen ETH on nyt 4 kuukauden korkeimmalla tasolla, yli 0,04 BTC / ETH. Muistutuksena on, että kaikkien aikojen korkein ETH / BTC asetettiin tammikuussa 2018, jolloin yksi ETH kävi kauppaa yli 0,14 BTC: llä.

Alemman ja keskikorkin altcoinin vaihtelut ovat lisääntyneet viimeisen 24 tunnin aikana: Qtum on vaikuttavin voitto 25%: n nousulla, jota seuraavat Aave (15%), Arweave (13%), Verge (12%), ja valtameripöytäkirja (10%).

BTC: n kyvyttömyys murtaa yli 34 000 dollaria, vaikka jotkut alttit ovat saaneet vakavan arvon, on vähentänyt bitcoinin määräävää markkina-asemaa 63,3 prosenttiin.

Political activist Kim Dotcom has officially joined the Bitcoin cash community. Its goal is to make Bitcoin Cash the leading digital payment solution in the world.

Kim Dotcom is an internet entrepreneur with German and Finnish citizenship. He was born as Kim Schmitz in Kiel and achieved fame above all as a diverse active hacker and operator of the sharehoster Megaupload. He currently lives in New Zealand.

To Bitcoin Cash (BCH) on Twitter

Dotcom announced its „joining“ to Bitcoin Cash via Twitter . It said:

I hereby officially join efforts to make Bitcoin Cash the world’s leading electronic money solution.

In doing so, I will be helping to accelerate the use of BCH in the real world and through online retailers and to expand the user base.

I know how to do this. Participate.

When asked on Twitter why he supports Bitcoin Cash, Dotcom replied :

Because it works. Low fees, fast transactions, easy to use and secure. I’ve looked at all cryptos for my upcoming innovations and Bitcoin Cash meets all requirements.

Bitcoin Cash has already been implemented by more than 100,000 merchants and their number is growing rapidly.

What is Bitcoin Cash?

Bitcoin Cash is a cryptocurrency that was created in 2017 by a fork of Bitcoin. The aim of the spin-off was to make Bitcoin Cash faster than Bitcoin.

Bitcoin Cash currently ranks sixth in terms of market capitalization on the list of the largest cryptocurrencies.

This is how Dotcom wants to advance Bitcoin Cash

According to Dotcom, he wants to use his network and the power of “Genius Marketing” to promote Bitcoin Cash to the general public better known and more popular than all other cryptocurrencies.

At the same time, he added that Bitcoin (BTC) works better as a store of value. Bitcoin Cash is better suited for online payments.

On January 4th, Dotcom announced that its content monetization service “ K.IM “ would use Bitcoin Cash. Everyone should be able to manage, protect and sell digital content via K.IM.

The reactions

The reactions of the other Twitter users to the current announcement were mixed. About a third were pleased, a third had questions and doubts, and the last third thought the prospect was ridiculous. Some of the comments pointed to other cryptocurrencies that served the same purposes as Bitcoin Cash, only better. Above all, Nano (NANO) was mentioned.

Dotcom did not take part in these discussions, but stated that the winners of the „crypto race“ would be determined on the basis of usage.

Asset manager Grayscale, which has been particularly hungry for cryptocurrency lately, is reportedly expanding its offering to Chainlink (LINK), Basic Attention Token (BAT) and Tezos (XTZ).

Grayscale would turn to LINK, BAT and XTZ

Would the cryptocurrency giant want to diversify its offer , while the altcoins bull run has helped propel certain assets to new heights? This is what seems to suggest a document from the State of Delaware , which was unearthed by the crypto community. Grayscale seems to want to establish a trust based on the LINK and others based on BAT’s Brave, the XTZ of Tezos the MANA of e Decentraland and the LPT Livepeer .

The document was registered under the name „Delaware Trust Company“ at the end of December. This is one of Grayscale’s service providers, and it is already this name that was used to set up the asset manager’s Bitcoin trust. However, we will have to wait for Grayscale’s confirmation before getting excited about this addition – the giant had registered a similar document concerning Filecoin (FIL) last October, but no trust was proposed following this.

The Happy New Year of Chainlink (LINK)

Grayscale’s possible interest in the LINK is not entirely a surprise. Altcoin had a particularly prosperous start to the year. After entering the top 10 cryptocurrencies by capitalization , it stole its place from a Bitcoin Cash (BCH) in smaller form. In addition, the LINK exceeded several times its all-time high, crossing the symbolic threshold of 20 dollars in mid-January. Its capitalization is now approaching that of Litecoin (LTC).

It should also be noted that Grayscale seems to want to choose altcoins with a solid project that goes beyond a simple payment network . Filecoin is indeed a decentralized file storage network, Decentraland is a digital real estate based game, and the BAT is used by the Brave crypto browser. The arrival of institutional investors could thus give new legitimacy to these projects.

Profit-taking is keeping Bitcoin in check, making the 40,000 mark a distant prospect again. But investors can capitalize on the price setbacks.

Easy come, easy go: While the Bitcoin price was able to set a new record of over 40,000 US dollars just a few days ago, the cryptocurrency is currently stumbling under the pressure of a wave of selling. With a minus of 3.7 percent on the day, the cryptocurrency is quoted at 34,837 US dollars at the editorial deadline and has thus lost almost 6,000 US dollars in value in just three days.

At the same pace at which Bitcoin marched to its all-time high, it is currently heading in the opposite direction. The market is cooling down again after the hot winter months. In view of the tumultuous price rally of the last few weeks, a breather is also sorely needed.

Surfing the Bitcoin wave

To put this into perspective: in just one month, Bitcoin has risen from under 20,000 to over 40,000 US dollars – healthy growth looks different. After Bitcoin initially needed a few months to come out of the woodwork, a hype suddenly formed after reaching the symbolic 20,000 mark, which showed similarities to the bubble formation in 2017. While after the Corona crash in 2020 it was primarily institutional investors who recognized the signs early on and refreshed their BTC stocks at favorable conditions, in recent weeks more and more small investors also moved in, wanting to quickly jump on the Bitcoin bandwagon that had supposedly already sailed.

No wonder that this pattern brings back memories of 2017, the year in which Bitcoin first made acquaintance with 20,000 US dollars and went to sleep shortly thereafter in the crypto winter. So do investors need to dress warmly again?

Sustainable market growth

Even though the current price trend shares similarities with the 2017 bull run, the trajectories are very different. Probably the biggest difference from 2017 is the BTC investor type. While three years ago it was primarily retail investors who tried their luck with Bitcoin, since then big money has found its way into the crypto market. This capital is parked in BTC in a much more sustainable way than that of speculators.

Asset managers like Grayscale or companies à la MicroStrategy are invested in BTC for the long term, and investor behavior is far more risk-averse than that of retail investors. The recent price turbulence, on the other hand, was primarily on the account of derivatives traders who leveraged themselves.

Speculators vs. hodlers

This highlights a conflict inherent in cryptocurrency: the trench warfare between speculators and long-term investors. On one side, those after the quick mark; on the other, those heading for safe havens. The big question: Can Bitcoin be both a gambler’s asset and a stable store of value at the same time?

The answer: no. Whether Bitcoin fulfills both functions depends on the time perspective. In the short term, the directional decision is likely to remain hard-fought. Profit-taking is too tempting and lucrative with such rapid price gains. In the long run, however, BTC investing should pay off more clearly for those with staying power.

So the old BTC hares have learned their lesson from 2017 and know: After every low comes a high. As the chart below from Glassnode shows, the percentage of bitcoin used in the last three years is gradually closing in on ATH levels. Or, in other words, investors who joined the BTC ecosystem in 2017 continue to hold their Bitcoin.

According to Glassnode CEO Rafael Schultze-Kraft, this speaks against the assumption that investors are just lurking for the next all-time high to cash in quickly. After all, a continuously rising value of currently 35 percent indicates that most investors remain loyal to their Bitcoin over a longer period of time – or speculate on even larger profit margins. Either way, corrections offer buyers opportunities to buy Bitcoin, and the current setback is likely to be a springboard for the next uptrend.

EQUOS has introduced a Bitcoin perpetual futures contract, possibly setting the stage for wider professional adoption of digital assets.

EQUOS, a Singapore-based digital currency exchange operated by Diginex, has announced the launch of a new Bitcoin futures product (BTC) with no settlement date, marking a substantial jump in the BTC derivatives market.

The company on Thursday introduced the BTC perpetual futures contract, a product it says is well suited to the current trading environment. The perpetual contract is aimed at professional traders with various risk profiles, with prices and liquidity provided by independent market makers.

The exchange claims that its new Bitcoin Aussie Secret contract is backed by its liquidity reserves, which are partially funded through commissions and trading revenues.

Unlike traditional futures products, a perpetual futures contract does not have a fixed expiration or settlement date, which means that the user can hold the position for as long as they wish. BitMEX, one of the most important crypto-derivative platforms, currently offers perpetual contracts on Bitcoin.

Diginex CEO Richard Byworth said the new futures contract is intended to provide broader functionality to the crypto-derivative market, a move he said „will facilitate wider adoption of crypto assets by institutional and professional traders.

He continued:

„This is just the first in a suite of products that will offer investors more dynamic hedging tools, fairer settlement, a platform that does not trade against its users, and reputation protection for investors seeking a KYC/AML compliant ecosystem.

The Bitcoin futures market has skyrocketed in recent quarters, highlighting the growing institutional acceptance of digital assets. EQUOS claims that crypto-derivatives grew at more than four times the pace of the spot market in Q3 2020, reaching a daily high of $67 billion by the end of November.