Catalyst Grayscale? – Bitcoin upswing goes hand in hand with new purchases

Is Bitcoin’s price performance now dependent on institutional investors?

Just 48 hours after the influential crypto asset management firm opened its doors to new investors on 13 January, the bitcoin price has climbed by almost 20%, bringing it back to the US$40,000 mark.

Within this period, the asset management firm has purchased a further 4,618 BTC, equivalent to US$182 million. Last quarter, Grayscale had already added US$3.3 billion in BTC to its portfolio, bringing its total Bitcoin assets to US$27.6 billion.

However, Bitcoin is not the only cryptocurrency that has made Bitcoin Profit significant gains since 13 January, as can be seen from the fact that the crypto market has grown by US$137 billion in the last two days, bringing the total market capitalisation once again above the sound barrier of US$1 trillion. US dollars.

Grayscale’s purchases are seen as evidence of increased interest from institutional investors, as they do not invest directly in cryptocurrencies but through crypto-financial products such as wealth management. The interest of these investors is now so great that the available supply of bitcoin is experiencing a real shortage. Even the major trading platform eToro recorded liquidity shortages for its crypto trading yesterday.

Since the Bitcoin halving last year, which literally „halved“ the rate of increase in Bitcoin’s circulating supply, only 900 BTC per day are being mined. However, as the crypto market research institute Glassnode calculates, only a third of this has been flowing onto crypto exchanges since July 2020.

In the same period, Grayscale has bought up just under 224,390 Bitcoin, which corresponds to about 1,200 BTC per day. So the large crypto asset management company alone is already collecting more Bitcoin on behalf of its institutional clients than is being newly produced.

In the case of other cryptocurrencies, however, the influence of institutional investors does not yet seem to have as strong an impact on the price development as it does for Bitcoin. For example, although Grayscale’s Ethereum investment fund has shrunk by 6,036 Ether since 9 December, the price of the second-largest cryptocurrency has risen by more than 122% in this period, even without its support.

Dieses Jahr wird Gewinne bringen, die manche als „schockierend“ bezeichnen könnten, sagt der CEO von Diginex

Mit Bitcoin in einem dramatischen Preisanstieg könnte 2021 ein ereignisreiches Jahr für die Kryptoindustrie werden.

Bitcoin ( BTC ) hat kürzlich im Rahmen einer enormen Preisrallye 35.000 US-Dollar durchbrochen, was zum Teil auf das begrenzte Angebot von Bitcoin Trader zurückzuführen ist, so Richard Byworth, CEO von Diginex.

„Bitcoin ist dabei, seinen Bullenzyklus nach der Halbierung zu beginnen“, sagte Byworth gegenüber Cointelegraph und fügte hinzu:

„Die Nachfrageseite dieser Gleichung wurde durch enorme Bankanreize und Investoren beschleunigt, die sichere Wertspeicher gegen die steigende Geldinflation suchen. Infolgedessen prüft derzeit ein großer Teil der Finanzinstitute ihre Größe für Bitcoin-Positionen. Dies führt zu massiven Umtauschabhebungen, da diese Teilnehmer auf eine sichere Kühllagerung umsteigen. Wir haben eine Angebotsseitenkrise in Bitcoin. “

Nachdem die COVID-19-Pandemie im März 2020 Schlagzeilen gemacht hatte, trat die US-Regierung in Aktion, druckte Geldhaufen und veröffentlichte verschiedene Konjunkturpakete. In der zweiten Jahreshälfte begannen große Mainstream-Unternehmen , ihre Bitcoin-Käufe zu enthüllen, und wiesen dem digitalen Asset häufig Dutzende und Hunderte von Millionen zu.

Bitcoin hat die Show in Bezug auf Preisaktionen für Krypto-Assets weitgehend angeführt, obwohl Ether ( ETH ) und andere in jüngster Zeit ebenfalls deutliche Zuwächse verzeichneten

„Altcoins werden eine hervorragende Leistung erbringen, da Einzelhandelsunternehmen, die das Gefühl haben, Bitcoin verpasst zu haben, versuchen werden, das nächste Bitcoin und das nächste 1000-fache zu finden“, sagte der Diginex-CEO und fügte hinzu:

„Die ETH hat aufgeholt und ist eines der wenigen funktionsfähigen intelligenten Vertragsnetzwerke, die von der SEC bereits effektiv freigegeben wurden. Der wahrscheinliche anhaltende Fokus auf Stallmünzen nach der OCC-Ankündigung wird wahrscheinlich der ETH zugute kommen, da sich viele davon im Ethereum-Netzwerk befinden. “

Die US-amerikanische Börsenaufsichtsbehörde SEC (Securities and Exchange Commission) hat ihre Überwachung verstärkt und Klage gegen Ripple eingereicht. Ihr XRP- Vermögenswert wird als nicht registriertes Wertpapier bezeichnet. Spätere Befürchtungen traten im Kryptoraum auf, und einige fragten sich, ob die SEC auch andere Vermögenswerte und Projekte anstreben wird. Positiv zu vermerken ist jedoch, dass das US-Büro des Währungsprüfers kürzlich bestimmte stabile Münzaktivitäten bei Banken genehmigt hat .

Was hält 2021 für Bitcoin und Krypto? „Wie gesagt, wir stehen am Anfang des Bullenzyklus, 2021 wird Renditen liefern, die für manche Menschen wahrscheinlich schockierend sein werden“, sagte Byworth. „Bitcoin wird irgendwann im Laufe des Jahres nördlich von 100.000 US-Dollar liegen und Alts werden höchstwahrscheinlich folgen.“

Mit Byworth an der Spitze ging das Blockchain-Unternehmen Diginex im Oktober 2020 an die Börse .

A BTC poderia ter entrado em sua fase de touros principal após quebrar $ 30.000?

O BTC passou por uma forte recuperação nas últimas horas e, finalmente, quebrou os US $ 30 mil pela primeira vez em seus dez anos de história. A moeda do rei então ultrapassou os $ 31.000 e continuou em alta.

No momento da redação deste artigo, o BTCUSD estava sendo negociado a $ 32.072 e ganhou mais de 25% na semana passada

A recente recuperação do BTC levou-o da marca de $ 20K em 15 de dezembro para níveis máximos acima de $ 30K em apenas 17 dias. O aumento continuou a todo vapor em 2021, levando o principal ativo digital acima de um nível que há muito é um alvo considerado pelos investidores.

A corrida histórica do BTC foi impulsionada principalmente por compras institucionais e muitos participantes de Wall Street que finalmente se familiarizaram com a criptografia. As empresas de Wall Street injetaram US $ 5,75 bilhões na classe de ativos digitais em 2020, de acordo com dados recentes do relatório de fluxos de criptografia da CoinShares Research.

Agora que os touros finalmente ultrapassaram a barreira psicológica de $ 30.000, há uma forte possibilidade de que o movimento possa abrir as portas para a criptografia mais importante do mundo para ver uma continuação de sua tendência de alta parabólica.

A fase principal do Bitcoin Bull está aqui, afirma analista

De acordo com o analista de criptografia Willy Woo, a fase principal do BTC está aqui. O respeitado analista de criptografia chegou a essa conclusão após observar os influxos de capital no mercado de BTC.

O analista de tecnologia Kevin Rooke apontou o Grayscale Investments BTC Trust (GBTC) como uma das instituições líderes que está impulsionando o rali BTC em andamento.

“Más notícias para os ursos BTC. O Bitcoin Trust da escala de cinza acabou de adicionar 12.319 BTC a $ GBTC em um único dia. Isso é mais do que os 11.512 BTC que eles adicionaram durante toda a semana passada, quando o BTC quebrou seu ATH ”, Rooke tuitou .

Além disso, há um forte interesse do varejo na criptomoeda de referência, conforme evidenciado pelos volumes de criptografia do PayPal. De acordo com o Pantera Capital, um fundo de cripto-ativos líder, o Paypal já está adquirindo mais de 100% do novo suprimento de bitcoins. Esta forte dinâmica de demanda deve impulsionar a moeda-rei nas próximas semanas e meses.

Preço DOGE explode mais alto

Dogecoin (DOGE) é um dos ativos criptográficos de melhor desempenho no dia seguinte ao aumento de 50%. Essa alta exponencial ocorreu quando mais de $ 700 milhões em altcoin foram negociados no dia anterior, de acordo com dados da CoinGecko.

Até o momento, DOGEUSD está mudando a negociação a $ 0,00865, o preço mais alto da moeda desde a alta de fevereiro de 2018.

The big bang – Bitcoin climbs above $ 30,000 for the first time

The market-leading cryptocurrency heralds the new year by jumping over another major hurdle.

Bitcoin ( BTC ) starts the new year with a big bang, because on January 2nd, the market-leading crypto currency was able to crack the next psychologically important hurdle.

With a swing into the new year

As the data from Cointelegraph Markets , Coin360 and TradingView show, Bitcoin has now climbed above the 30,000 US dollar mark.

After a new record high of 29,700 US dollars was initially recorded that night, Bitcoin did not let up, whereupon, after several attempts, the next big hurdle was finally jumped.

The area below the 30,000 US dollar mark had recently shown itself to be fierce resistance, as the market-leading crypto currency has repeatedly faced strong selling pressure here in the past few days. A similar scenario had already played out a few weeks ago at the US $ 20,000 mark.

„If you’re waiting for an entry point to hold Bitcoin long-term, don’t be stingy now. A few thousand dollars more or less after not going to hurt you if it comes up in a year up to 100,000, 200,000 or $ 300,000, „as Willy Woo the current situation summarizing . To this end, he adds:

„The big flight is finally here, the inflow of capital is crazy.“

Altcoins neither fish nor meat

The big altcoins, meanwhile, give a very mixed picture, with Ether ( ETH ) not being dragged along by Bitcoin, but remaining just below 740 US dollars.

For Polkadot ( DOT ) it even went down 6.3%, which only slightly clouded the strong weekly gain of 60%.

The price movements of XRP , on the other hand, are surprisingly strong, because despite the SEC lawsuit against the XRP publisher Ripple, the cryptocurrency can hold itself at 0.23 US dollars after a 7% gain on Friday.