Bitcoin

Det finns mer i Bitcoin Options berättelse!

Krypto-derivatmarknaden var till stor del framgångsrik 2020. Medan Bitcoin Futures har varit i rampljuset mycket på grund av CME: s tillväxt, stal Bitcoin Options showen med sin konsekventa löpning under 2020. Men förstoring går utöver det vanliga handlarnas intresse, med andra faktorer som spelar en viktig roll i processen också.

Enligt Deribits senaste institutionella nyhetsbrev var den totala nominella omsättningen 211 miljarder dollar och samlade alla kontrakt och mynt. Bitcoin Optionsomsättningen var nära 180 – 190 miljarder dollar. Den registrerade en ökning med 82% från 2019, en upptäckt som visade en ökning från år till år i sektorn.

Årets sista kvartal var särskilt speciellt då tjurkörningen hjälpte till extremt hög handelsaktivitet. Nu på papper kan det verka felfritt, men 2020 var mycket mer än så.

Bitcoin Options-marknaden skulle inte ha registrerat så högt intresse och volym om vissa saker inte hade gått sin väg på marknaden.

Bitcoin-pris, återhämtning och datafördel

När det bifogade diagrammet observeras kan vi se att andra kvartalet 2020 inte var lika imponerande som resten av kvartalen. Det var i nivå med det lägsta kvartalet 2019 och allt berodde på marknadskraschen i mars. Nu, även om andra kvartalet 2020 var ljummet ur derivatmarknadens perspektiv, ökade priset hausseartad fart under denna 3-månadersperiod, fart som satte hjulen i rörelse resten av året.

Bitcoin återhämtade sig snabbt och efter sin tredje halvering klättrade BTC till det 5-siffriga värdet på 10 000 dollar igen. Q3 2020 plockade upp en del av sin ånga och sedan lade Q4 det bästa kvartalet i Bitcoin Options marknadshistoria.

Även om priset på Bitcoin spelade roll i derivatindustrin, är en annan fördel med Options över Futures tillgången på extra data. Alternativ ger möjlighet att utnyttja kollektiva känslor med hjälp av Implied Volatility.

Underförstådd volatilitet för optioner på Bitcoin- marknader har ett U-format mönster eller ”volatilitetsleende” skevt. Det indikerar att volatiliteten hos optioner förbättras när optionen blir mycket i pengarna eller i pengarna. En sådan datamängd gör det möjligt för handlare att uppskatta marknadens kollektiva känsla, vare sig det är hausse eller baisseartat.

Ethereum Options höll fortet när Bitcoin var nere

Även om det enbart baseras på spekulation, är det obestridligt att ETH- optioner höll handlarna på marknaden när Bitcoin inte kunde generera massiva prisrörelser och i tillägg alternativaktivitet. Under Ethereums rally i augusti överträffade faktiskt ETH Options-kontraktsvolymer Bitcoins eftersom världens största altcoin lockade bättre resultat.

Allt lyckades till slut, eftersom dessa handlare förblev i utrymmet när Bitcoin registrerade sin nästa etapp upp på marknaden.

The dollar doomed against Bitcoin? Morgan Stanley is seriously asking the question

Bitcoin, a worrying challenger? – The cryptosphere is already aware of the disruptive potential of Bitcoin and crypto-assets vis-à-vis monetary and economic systems. However, it is still quite surprising to see that now even a large American bank, such as Morgan Stanley, is doubting the omnipotence of the dollar against the king of cryptocurrencies.

Bitcoin, the only serious contender for the throne of the dollar king?

Since the end of World War II and the Bretton Woods agreements, the US dollar has established itself as the world’s reserve currency .

Ruchir Sharma , as Head of Global Strategy at Morgan Stanley Investment Management , shares an interesting reflection on this in the Financial Times . The banker assesses there competitors who could replace the dollar as the global reserve currency .

Past the euro of the European Union and the renminbi of China – which do not appear to him to be sufficiently reliable competitors – Ruchir Sharma comes to consider the case of Bitcoin (BTC):

“ Lest the central banks, under the aegis of the US Federal Reserve, devalue their currencies [via the printing press], many people have bought bitcoins in large quantities. Its price has more than quadrupled since March, making it one of the top investments of 2020. ”

With the coronavirus crisis , the already huge debt of the United States has become more than worrying . This makes the Morgan Stanley expert say that:

“(…) The reign of the dollar should end when the rest of the world begins to lose faith in the ability of the United States to continue paying its bills. This is how the dominant currencies went downhill in the past. “

If Bitcoin goes from the status of an investment to that of a medium of exchange …

… It would be Game Over for the dollar. This is in summary what Ruchir Sharma thinks since, according to him, even if bitcoins are more like an investment for the time being, the banker sees a change underway :

“Small businesses are starting to use bitcoin in international trade, especially in countries where the dollar is hard to come by (like Nigeria) or where the local currency is unstable (Argentina). And in recent weeks, PayPal and its affiliate Venmo have started storing bitcoin with a view to accepting it as a form of payment next year. “

Even among those who are most skeptical of the technological news that digital currencies are, gold is preferred over the dollar, as the precious metal has been recognized as „protection against the decline of state currencies for hundreds of years. ‚years‘ .

Ruchir Sharma concludes his presentation by saying that the current bitcoin and cryptocurrency rush should „serve as a warning to government money printers“ , especially in the United States.

Without wanting to, the Morgan Stanley leader also ends with what could be a sarcastic nod to the French government. Indeed, the latter has just passed in force – by ordinance and without consultation of Parliament – new restrictions against the cryptosphere. However, Ruchir Sharma gives as a final warning: „intervening to regulate the boom in digital money (…) can only accelerate this popular revolt [for healthy currencies]“.

XRP colpisce $0.50, passa il Tether

XRP colpisce $0.50, passa il Tether come terza più grande crittovaluta

L’XRP, ora la terza valuta più grande dopo l’Etereum e il Bitcoin, ha raggiunto i 0,50 dollari per la prima volta dal 2018. Al momento in cui scriviamo, il prezzo si aggira intorno a 0,57 dollari, e il tetto del mercato è superiore ai 25 miliardi di dollari.

Tether lo aveva superato per il terzo posto all’inizio di quest’anno, ma una recente esplosione ha dato Bitcoin System il vantaggio all’XRP.

È salito del 22% nelle ultime 24 ore e del 100% nella scorsa settimana

Altri altercoins hanno fatto bene, troppo-Ethereum e EOSIO (EOS) sono aumentati di quasi il 30% nell’ultima settimana, e Cardano (ADA) è aumentato di oltre il 40%. Il Bitcoin, sempre il cane da battere, continua ad avere una tendenza costante al rialzo; attualmente è valutato oltre 18 mila dollari a moneta.

XRP è stato creato da una società della Silicon Valley chiamata Ripple, e non utilizza un processo di estrazione mineraria a prova di lavoro come il Bitcoin o l’attuale versione dell’Ethereum. È stato progettato più per aiutare le banche a spostare il denaro velocemente che per fare acquisti o conservare il valore.
Le 5 migliori notizie e funzioni di criptaggio nella vostra casella di posta in arrivo ogni giorno.

Ottieni Daily Digest per il meglio di Decrypt. Notizie, caratteristiche originali e altro ancora.

Secondo i rapporti, Ripple ha preso in considerazione un trasferimento all’estero per evitare un potenziale aumento della regolamentazione.

XRP ha raggiunto il massimo storico di 3,84 dollari nel 2018. E per un breve momento, nel 2017, è stata la seconda valuta crittografica più grande del mondo.

Swiss cryptobank Sygnum added support for Tezos cryptocurrency stealing

Sygnum was the first regulated bank to add support for Tezos (XTZ) cryptographic currency stealing.

According to the press release of 6 November, the bank will provide storage, trading, lending and stealing services for XTZ. Estimated annual revenue from Tezos stacking is about 5%.

Sygnum is regulated as a bank by the Swiss Financial Market Authority (FINMA) and offers a range of services in the field of digital assets.

„Sygnum’s offer of the Tezos Stacking Service is proof of the safety and reliability of the network and is another step towards wider acceptance at the institutional level,“ said David Fuchs, Head of European Institutional Investor Relations at the Tezos Foundation.

In May, Bitcoin Suisse, a Swiss cryptographic brokerage company Bitcoin Trader review, added XTZ stacking support for institutional clients. Today, the custodial division of Coinbase is the largest validator in the Tezos network.

Bitcoin hatte gerade den größten Rückgang der Schwierigkeiten im Bergbau seit 2011

Das Preisverhalten der BTC bleibt relativ stabil, da das Netzwerk automatisch für höhere Gebühren und langsamere Blockzeiten sorgt.

Bitcoin (BTC) erlebte am 3. November die größte negative Schwierigkeitsanpassung seit fast 10 Jahren, da sich das Netzwerk einwandfrei selbst versorgt.

Daten aus der Überwachungsressource BTC.com zeigen, dass der Schwierigkeitsgrad von Bitcoin am Dienstag automatisch um 16% angepasst wurde.
Schwierigkeitsabbau am stärksten seit neun Jahren

Schätzungen hatten zuvor angenommen, dass die Anpassung etwa 13 % betragen würde, aber es war die zweithöchste in der Geschichte von Bitcoin. Erst 2011 gab es eine größere Differenz – 18%, die ebenfalls Ende Oktober kam.
Bitcoin-Schwierigkeitsdiagramm mit hervorgehobenem letzten Tropfen.

Schwierigkeitsanpassungen erfolgen automatisch alle 2016er Blöcke und ermöglichen es Bitcoin, als „hartes“ Geld zu bleiben, unabhängig von allen externen Faktoren, die sich auf die Bergarbeiter auswirken.

Eine solche Reduzierung gibt mehr Bergbauteilnehmern Anreize, um Blocksubventionsbelohnungen zu konkurrieren, mit dem Ergebnis, dass der Schwierigkeitsgrad dann wieder ansteigt.

Bei Redaktionsschluss wurde die nächste Anpassung jedoch auf weitere -16% geschätzt, was darauf hindeutet, dass die Auswirkungen des Ereignisses vom Dienstag noch nicht spürbar waren.

Für die Benutzer wird die Anpassung nach unten die Gebühren senken und die Blockzeiten verkürzen, zusammen mit einer Verringerung der Größe der nicht abgebauten Transaktionen im Mempool von Bitcoin. Nach Schätzungen von Earn.com bleibt die optimale Bitcoin-Transaktionsgebühr mit 80.000 Satoshis ($11) hoch.

Bitcoin Mempool-Größe 2-Monatstabelle.

Die Kommentatoren zeigten sich nur wenig beunruhigt und lobten stattdessen Satoshi Nakamotos Entwurf zum Schutz der Netzwerk- und Geldintegrität.

„Es gibt keinen schöneren Aspekt von #Bitcoin als die Schwierigkeit der Anpassung. Es gibt keinen schöneren Aspekt von #Bitcoin als die Schwierigkeit der Anpassung“, fasste Travis Kling, Gründer des Vermögensverwalters Ikigai, zusammen.

Unterdessen schien sich die Hash-Rate des Bitcoin-Netzwerks am Dienstag von selbst zu drehen, und die geschätzten wöchentlichen Durchschnittswerte begannen zu steigen.

Die Hash-Rate gibt Aufschluss darüber, wie viel Rechenleistung für die Validierung von Bitcoin-Transaktionen aufgewendet wird. Vor Wochen war die Metrik auf einem Allzeithoch, verlor aber in der zweiten Oktoberhälfte rund 25 %.

Zum Zeitpunkt der Veröffentlichung war nur ein geringer Einfluss auf die Kursentwicklung von Bitcoin spürbar, da noch $13.0000-$13.300 als Unterstützung übrig blieben und BTC/USD bei $13.500 pendelte.

IRS says CNAE does not change anything in bitcoin declaration

The Federal Revenue Service (RFB) in response to the Administrative Council for Economic Defense (Cade) stated that the National Classification of Economic Activity (CNAE) proper for the market of cryptomorphs makes no difference for the purposes of the declaration of IN 1.888/19, which deals with cryptomorphs.

The document was added last Friday (09) to the administrative inquiry that aims to investigate the anticompetitive conduct of banks with the closing of exchanges accounts.

According to the agency, this register is „an important data in the categorization of economic agents,“ but the fact is that the IRS requires data on its own transactions with Bitcoin Up and the CNAE would be indifferent on this point.

PayPal responds to Cade about illegal operations with cryptomoeda
Inter Bank: „We do not have information about closing brokerage accounts for cryptomoedas“.
PagSeguro responds to Cade about illegal operations with cryptomoedas

„The exchanges, legal entities and individuals are required, for example, data on the date of the transaction, the holders involved in the business, the cryptoactive transacted, the fees charged, among other information“.

According to the letter sent by Cade, the Federal Revenue would have until October 9th to present its answer on whether the CNAE itself for the exchanges would have any repercussion on the capture of information provided for in the Normative Instruction RFB No. 1.888/2019.

The antitrust agency also requested „other information that the RFB considers relevant on the matter. The RFB responded to the document within the seven-day deadline, but was brief in its response without providing any details or information beyond what was referred to the CNAE and the Normative Instruction dealing with the statement on operations with cryptomorphs.

CNAE of „Bitcoin“ and the banks

The National Classification of Economic Activity for the companies that acts on the cryptomoeda market was a regulatory advance of this sector, once before this CNAE, the exchanges brought other classifications which were not specific for this activity.

The lack of own CNAE ended up becoming even motivation for banks to close the accounts of these companies. The question, however, is that even after the own CNAE was instituted for the sector, the banking institutions still have justified their acts, as if nothing had changed as Bradesco, Banco do Brasil and Sicredi mentioned in their last manifestations.

Santander, on the other hand, recognized that the Classification of Economic Activity proper for the market of cryptomoeda can help in combating fraud. Itaú, on the other hand, did not hide its aversion to the market by associating transactions with cryptomaps to money laundering and terrorism, even though the bank is a partner of a brokerage firm that works with Bitcoin.

Declaring Bitcoin

The Federal Revenue Service’s answer only shows that the agency is not interested in the economic activity registered in the exchanges. What the IRS wants to know is about the data behind the transactions.

The income tax return already brings the obligation for the person who has cryptomains to inform this data to the RFB. With IN 1.888/2019, besides that the cryptomoedas brokers started to have to inform the data of the operations and the data of the holders.

The identification of the people who are trading cryptomaps in these brokers became more rigid. In addition to having to declare information on operations with cryptomoedas, Exchanges now have to inform the CPF numbers, in the case of individuals residing in Brazil; and CNPJ, if the person trading cryptomoedas is of a legal nature.

For transactions carried out by persons residing or domiciled outside Brazil with the Brazilian Exchanges, these companies now have the obligation to inform the Tax Identification Number abroad (NIF).

This should facilitate the work of the IRS when crossing the data to find out who has cryptomoedas and failed to declare in the income tax, as was mentioned by the accountant specialized in cryptomoedas Ana Paula Rabello in her e-book Declaring Bitcoin.

In one of the excerpts of the book, Rabello explains in detail:

For transactions carried out by persons residing or domiciled outside Brazil with the Brazilian Exchanges, these companies now have the obligation to inform the Tax Identification Number abroad (NIF). This should facilitate the work of the IRS when crossing the data to find out who has cryptomoedas and failed to declare in the income tax, as was mentioned by the accountant specialized in cryptomoedas Ana Paula Rabello in her e-book Declaring Bitcoin.