Robinhood increasingly targets crypto investors

Reparations? – Robinhood increasingly targets crypto investors

Controversial trading platform Robinhood is looking to expand its crypto business and is already working diligently in that direction.

In an interview with the company’s own YouTube channel, CEO Vlad Tenev explained yesterday (Thursday) that to this end, the workforce is to be expanded and even more cryptocurrency pairs are to be Bitcoin Profit added to the trading platform’s listing. According to the Robinhood chief executive:

„Just as people bug me about it on social media, I bug our crypto department and our developers about it. We are working on it at full speed. Let’s wait and see. Maybe we’ll add some new cryptocurrencies very soon.“

In addition to the increase in available supply, Tenev also takes a stance on a possible Robinhood wallet in the conversation. However, the CEO is cautious about this, saying that extensive testing would be needed before the platform could in good conscience launch its own crypto wallet.

As Cointelegraph had reported, the number of crypto traders on Robinhood increased by 6 million users in the first two months of the new year. This is more than 15 times the average recorded in 2020.

A larger service offering could bring even more demand in the future, which is why Robinhood has already taken strategic measures to cope with the increased traffic.

What sounds obvious could make a crucial difference, however, because crypto exchanges always go down when the market is running particularly hot.

Addressing the GameStop affair, in which Robinhood played a leading role and drew the ire of small investors, Tenev admits that it did indeed bring his company a lot of negative publicity.

He suspects that it will take several months for the platform to recover from this

The accusation was that Robinhood had temporarily suspended trading in GameStop shares in order to protect some large companies in the financial sector. Small investors had conspired to buy the stock together, causing massive losses for some hedge funds. The trading platform disputes this reading, saying that the temporary halt would rather have been due to compliance with applicable regulations. Accordingly, Tenev also emphasises in the interview that Robinhood wants to make efforts to provide clarification in this regard.

The announcement about the expansion of the crypto business comes at a time when the big competitor eToro is apparently aiming for an IPO on the NASDAQ. A corresponding agreement with the investment firm Fintech V should make this possible in the second quarter of 2021.

Bank of America siger, at den eneste gode grund til at holde Bitcoin er „ren og skær prisforhøjelse

Bank of America ser ingen god grund til at eje bitcoin andet end „ren og skær prisforbedring.“ Firmaets strateger fandt, at kryptovalutaens „inflationsafdækningsfordele ikke er særligt tydelige“.

Bank of America hævder også, at bitcoin ikke tilbyder diversificeringsfordele og er „upraktisk som et lager af rigdom eller betalingsmekanisme.“

Bank of America ser én god grund til at eje Bitcoin

Et Bank of America-team ledet af strateg Francisco Blanch sagde i en rapport offentliggjort onsdag, at der er „ingen god grund til at eje bitcoin, medmindre du ser priserne stige“. Blanch er leder af Global Commodities, Equity Derivatives og Cross-Asset Quantitative Investment Strategies hos Bank of America Merrill Lynch Global Research.

Strategerne skrev, at „Bitcoin er … blevet korreleret til risikoaktiver, det er ikke bundet til inflation og er fortsat usædvanligt volatilt, hvilket gør det upraktisk som et lager af rigdom eller betalingsmekanisme.“

De fortsatte:

Det vigtigste porteføljeargument for at holde Bitcoin er ikke diversificering, stabile afkast eller inflationsbeskyttelse, men snarere ren og skær prisforbedring, en faktor, der afhænger af, at Bitcoin efterspørgsel overgår udbuddet.

Med hensyn til at bruge bitcoin som en afdækning mod inflation på grund af sin faste forsyning, Bank of America strategerne konkluderede, at baseret på deres data, bitcoin „inflationsdækning fordele er ikke særlig tydelig.“

Strategerne nedtonede også kryptovalutaens diversifikationsfordele

I Bank of America-rapporten hedder det, at bitcoin-prisen er mere positivt korreleret „med aktier og råvarer, mens den er neutral/lidt korreleret med havnegoder som dollar og amerikanske statspapirer.“ Desuden har dens „korrelationer med risikoaktiver som MSCI World tendens til at bevæge sig i takt, selv på tværs af aktivklasser.“

De Bank of America strateger uddybede:

„Hvis vi ser år for år, finder vi, at Bitcoin har været positivt korreleret med CPI-inflation i 5 ud af de 9 seneste år, med de største korrelationer i 2014 og 2018 … Men når vi ser på korrelationer med inflationsoverraskelser siden 2011, finder vi, at Bitcoin har blandt de laveste co-movements, halter de fleste aktivklasser som råvarer, TIPS og EM FX i særdeleshed.“

Bitcoin pris har gentagne gange ramt rekordhøjder i løbet af de seneste måneder. I skrivende stund ligger prisen på 57.201 dollar, op næsten 78% siden begyndelsen af året og omkring 24% siden begyndelsen af måneden. Bank of America siger, at BTC-prisstigningerne i høj grad blev drevet af institutionelle købere, der annoncerede store køb, såsom Elon Musks Tesla, Square, Paypal og Grayscale Bitcoin Trust.

MicroStrategy samlar in $ 600 miljoner … nej, $ 900 miljoner för att köpa mer Bitcoin

Om köpet går som planerat kommer affärsunderrättelsesföretaget att hålla mer än 3,5 miljarder dollar i Bitcoin som reservtillgång.

Efter ett tisdagstillkännagivande att MicroStrategy planerar att köpa 600 miljoner dollar i Bitcoin ( BTC ) genom en försäljning av konvertibla sedlar, har företaget Business Intelligence ökat ante med ytterligare 300 miljoner dollar.

MicroStrategy sa på onsdagen att det skulle sälja 900 miljoner dollar i konvertibla seniornoter som skulle betalas 2027 i ett privat erbjudande till kvalificerade institutionella köpare

Enligt företagets uppskattningar kommer intäkterna från försäljningen att vara cirka 879 miljoner dollar. Det tillade dock att det kan vara så högt som 1 miljard dollar „om de första köparna utnyttjar sin möjlighet att köpa ytterligare sedlar till fullo.“

Business intelligence-företaget sa att det förväntades stänga erbjudandet på fredag, vid vilken tidpunkt det skulle „förvärva ytterligare Bitcoin.“ Med priset på Bitcoin som nått en heltidshöjd på mer än 51.000 dollar på onsdag kan MicroStrategy snart ha ytterligare 19 000 BTC i kassan.

MicroStrategys ursprungliga Bitcoin-investering på 250 miljoner dollar i augusti 2020 har mer än fördubblats, med tanke på kryptotillgångens senaste bull run

Business intelligence-företaget har sedan dess köpt 16 796 BTC för 175 miljoner dollar i september 2020, sedan 29 646 BTC för650 miljoner dollar genom emission av obligationer i december 2020. Dessutom köpte företaget 314 Bitcoin för 10 miljoner dollar i slutet av januari och 295 BTC för 10 miljoner dollar tidigare denna månad.

Om köpet går enligt plan kommer affärsunderrättelseföretaget att hålla mer än 3,5 miljarder dollar av kryptotillgången i sina reserver, eller ungefär 90 000 BTC. Detta skulle innebära att företaget skulle kontrollera 0,48% av Bitcoins cirkulerande tillgång.

Las 25 principales criptodivisas que hay que conocer en 2021: BTC, ETH, XRP, XLM y más

¿Quieres ver a los analistas de Wall Street en su mayor confusión? Pregúntales sobre las predicciones de la criptografía para el 2021. Como bitcoin, Ethereum, XRP y otros se han disparado en valor, nunca antes Wall Street ha parecido tan indeciso sobre el „oro digital“, un nombre que utilizan para invocar un margen de seguridad. Pero como cualquier inversor experimentado en criptografía sabe, no es así como funcionan las cripto-monedas. En su lugar, es un concurso de popularidad digital donde los ganadores siguen ganando y los perdedores muerden el polvo.

Entonces, ¿qué cripto-monedas pueden hacerte rico en 2021?

Para responder a esa pregunta, tenemos que explorar el mundo de las monedas alternativas, monedas que se pueden comprar a bajo precio. Eso es porque vale la pena llegar temprano. Por ejemplo, 1.000 dólares invertidos en la oferta inicial de monedas de Ethereum Code (ICO) valdrían hoy 3,3 millones de dólares. Mientras tanto, $1.000 invertidos en bitcoin hoy podrían ganar „sólo“ 4-5 veces más si crees en el elevado precio objetivo de JP Morgan de $146.000.

Pero también hay riesgos significativos porque las criptodivisas no tienen valor intrínseco. En cambio, su valor proviene de sus usuarios. Cuantos más usuarios tenga una moneda, más útil se vuelve, y más alto es su precio. Pero cuando una moneda cae en desgracia, no hay nada que le impida llegar a cero. Eso significa que invertir en cripto moneda requiere una fuerte creencia de que otros eventualmente te la comprarán por aún más.

Con tantas monedas, a menudo es difícil saber incluso por dónde empezar. Pero para empezar, aquí están las 25 principales criptodivisas que necesitas saber para el 2021:

  • Ethereum (ETH)
  • Bitcoin (BTC)
  • XRP (XRP)
  • Stellar (XLM)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Polkadot (DOT)
  • Neo (NEO)
  • Celsius (CEL)
  • Nano (NANO)
  • Chainlink (LINK)
  • Monero (XMR)
  • Tether (USDT)
  • Litecoin (LTC)
  • Binance Coin (BNB)
  • NEM (XEM)
  • TRON (TRX)
  • Dash (DASH)
  • Zcash (ZEC)
  • Bitcoin Gold (BTG)
  • Bitcoin Cash (BCH)
  • Bitcoin SV (BSV)
  • EOS (EOS)
  • VeChain (VET)
  • Dai / MakerDao (DAI)

Tengan en cuenta que si bien cada una tiene un enorme potencial, algunas son apuestas más seguras que otras. Como tal, he organizado las criptocurrencias en base a su potencial general de riesgo y recompensa de más a menos equilibrado. Con eso en mente, vamos a echar un vistazo más de cerca al mundo de las cripto-monedas.

Crypto.com Partners With Booking.com To Offer Exclusive Discounts

The Crypto.com platform (CRO) has just concluded a partnership with the travel giant Booking.com. Crypto.com app users will be able to benefit from discounts of up to 25% of the cost of their hosting.

Crypto.com collaborates with Booking.com

The Crypto.com platform begins the year 2021 with a major announcement, the conclusion of a partnership with the travel giant Booking.com . According to the statement , Immediate Bitcoin users will be able to book accommodation through the app, and take advantage of significant discounts.

Without giving further details at the moment, Crypto.com assures that users who make reservations on Booking.com through the app will be able to benefit from discounts of up to 25% of the total cost . The percentage will certainly depend on the number of CRO tokens held by the user.

Crypto.com users now have exclusive access to over 28 million discounted hosting listings:

“In 2020, our Crypto.com Visa card program has grown to be the most widely distributed card in its class, and we know that travel benefits are in high demand,” said Kris Marszalek, CEO and co -founder of Crypto.com

Kris Marszalek adds that Crypto.com now serves more than 5 million users worldwide, and that this partnership with Booking.com is only the first in a long series to come this year.

For Crypto.com, offering such discounts to its users is a big step forward, which will undoubtedly give it greater visibility in the ecosystem.

Although the health situation is still blocking the travel sector today, Crypto.com is taking the lead and will offer a 100% operational service as soon as the situation is restored.

The opportunity to acquire a crypto-card?

To this very interesting advantage are added those of the crypto-cards of Crypto.com, with which it is possible to obtain from 1 to 8% of cashback on his expenses, according to the model. In addition, by ordering a card from the Metal range, each user is eligible for a bonus of $ 25 transferred to the application’s wallet.

All crypto-cards in the Metal range are eligible for this offer, the first being Ruby Steel . To obtain it, all you have to do is deposit 2,500 CRO tokens on the platform, or nearly € 125 at the time of writing. This card gives a 2% cashback on all purchases, in addition to the refund of a Spotify subscription.

At the same time, using the Jade Green and Royal Indigo crypto-cards (25,000 CROs deposited), their holders can have free access to all airport lounges around the world. An advantage that accumulates rather well with the discounts on Booking.com.

Crypto.com greatly enhances the services offered to its users, and they can prepare now to travel at a reduced price as soon as the health situation is acceptable again.

As exchanges move away from XRP, Ripple has the support of SBI Holdings in Japan

The company says that in Japan, XRP is just cryptography and its nature is guaranteed by law.

In the rest of the world, however, several exchanges have removed XRP from their platforms.

The Trust Project is an international consortium of media organisations based on transparency standards.

Not everyone is against Ripple, at least not in Japan. Its partner and market giant in Japan, SBI Holdings, has said it fully supports Ripple’s expansion in the Asian country.

According to the company, the SEC’s view that XRP is a security is not unanimous in the governments of all countries. Among them is Japan.

In a statement released Monday, December 28, SBI says XRP is only a digital currency. Furthermore, the company confirms that the country’s regulations provide a basis for this perspective.

In support of its statement of support for Ripple, SBI cites a recent article written by researcher Sadakazu Osaki. Sadakazu Osaki, an analyst at the Nomura Research Institute, Japan’s largest economic research firm, says in the article:

XRP is widely traded by cryptomoney asset swap companies in Japan. According to Japanese law, XRP is a „cryptographic asset“ within the meaning of the Fund Settlement Law. It has been concluded that it is not a „security“.

SBI is aware that the SEC’s lawsuit against Ripple runs counter to its views. Its representatives state that there is no reason to remove XRP from the country’s exchanges.

Ripple SBI
Partnerships continue
Ripple has been developing partnerships since October with SBI Holdings, a Japanese financial services company.

Among them, Ripple plans to integrate its RippleNet technology into the payment platform of the Japanese company SBI MoneyTap. The idea was thus to reduce transfer costs in the country.

In addition, the company’s publication confirms that XRP will continue to be traded normally on the company’s exchange platform, SBI VC Trade. In particular, the partnership between the two companies has made it possible for e-sports players to receive XRP salaries for the first time in history.

Finally, the Japanese conglomerate confirms that it is investing in Ripple shares, but not directly in XRP. As a result, the company states that it will not be directly affected by the SEC lawsuit, according to an excerpt from its publication :

Although the group invests in Ripple shares, it does not invest directly in XRP. …] The decline in the price of XRP has virtually no adverse effect on our consolidated trading results.

Ripple SBI
The support of SBI Holdings is an exception
Despite the strong support Ripple has received from SBI Holdings, the company finds itself virtually abandoned in the crypto market. Day after day, the major trading platforms announce that they are going to remove cryptography from their trading lists.

Bitstamp’s announcement to remove XRP from the platform as of January 2021 has perhaps had the greatest impact to date, as it is one of the largest exchanges in the world.

Other exchanges such as OSL, CrossTower, Beaxy and Hashdex in Brazil have also announced the removal of XRP from their platforms. Under the close supervision of the SEC, these exchanges are concerned that the interconnection of XRP could end up having a negative impact on their platforms.

„Następny duży opór” Bitcoina wynosi 1 bilion dolarów kapitalizacji rynkowej, mówi analityk Bloomberg

Mike McGlone, starszy strateg ds.towarów w Bloomberg, ujawnił, że uważa, że ​​powrót bitcoina do rekordowego poziomu blisko 20000 USD jest początkiem ceny, przy której kapitalizacja rynkowa kryptowaluty osiągnie 1 bilion USD.

Według tweeta McGlone opublikowanego w czasie, gdy BTC utrzymywał się na stałym poziomie powyżej 16 000 USD, 20000 USD jest początkową przeszkodą, ponieważ zbliża się do 1 biliona USD w kapitalizacji rynkowej, a kryptowaluta znajduje się teraz na „wczesnym etapie odkrywania ceny. ”

Załączony wykres opisuje kapitalizację rynkową w wysokości 1 biliona dolarów jako „następny duży opór” dla BTC

McGlone zauważył, że „popularność głównego nurtu rośnie”, prawdopodobnie odnosząc się do różnych zakładów na BTC składanych przez firmy notowane na giełdzie, takie jak MicroStrategy, która kupiła kryptowalutę o wartości 425 milionów dolarów, oraz Square, który kupił 50 milionów dolarów.

McGlone mógł również wskazać, że popularność mainstreamu rośnie z powodu PayPal i jego nowej usługi umożliwiającej użytkownikom kupowanie, sprzedawanie i przechowywanie kryptowalut bezpośrednio na jego platformie . Nowa usługa PayPal jest na razie dostępna dla użytkowników w USA, ale oczekuje się, że zostanie uruchomiona na „wybranych rynkach międzynarodowych” w pierwszej połowie 2021 roku.

Warto zauważyć, że starszy analityk Bloomberg jest dobrze znany z prognozowania zwyżkowej ceny BTC

Jak informowaliśmy, na początku tego miesiąca McGlone przewidział, że BTC przebije swój poprzedni rekord wszechczasów blisko 20000 USD, prowadząc do parabolicznego rajdu w przyszłym roku.

Warto zauważyć, że inni analitycy również są byczy na bitcoinie, w czasie niepewności na rynkach, podczas której niektórzy analitycy twierdzą, że wartość dolara amerykańskiego może spaść w przyszłym roku o 20% . Podczas gdy wiadomości od firm Pfizer i Moderna na temat szczepionek przeciwko pandemii COVID-19 doprowadziły do ​​wzrostów na rynkach akcji i spadły ceny złota, BTC nadal rośnie.

Bitcoin had net een zeldzame Chain Split

Inhoud

  • Muffe blokken, uitgelegd
  • Dubbele-uitgavenproblemen

De Bitcoin-blokketting zaagde op 11 november een zeldzame muffe ketting van twee blokken in lengte, volgens BitMEX Research.

Verschillende blokken die op hoogte 656477 werden gedolven, werden muf, wat betekent dat ze werden afgekeurd door de hoofdketen.

Muffe blokken, uitgelegd

Dergelijke kettingsplitsingen komen meestal voor wanneer twee concurrerende mijnwerkers proberen een blok op hetzelfde moment te produceren. Terwijl ze allebei geldige blokken produceren, wordt slechts één ervan opgenomen in de huidige langste keten.

Hoewel muffe blokken geen bijzondere bedreiging vormen voor het Crypto Revolt laten ze wel ruimte voor aanvallen als een kettingsplitsing een kwaadwillige bedoeling heeft.

Bitcoin had twee aparte muffe blokken binnen 24 uur op 29 september. Daarvoor werden in augustus nog twee blokken opgenomen, zij het niet op dezelfde dag.

„Mastering Bitcoin“ auteur Andreas Antonopoulos schrijft dat consensusvorken met één blok veel voorkomen. Zelfs zulke zeldzame vorken met lengte 2 zijn volkomen normaal:

„Er is niets bijzonders opmerkelijks aan een tijdelijke vork van lengte 2. Het is een normaal onderdeel van het protocol. De frequentie waarmee dit zal gebeuren is de vergelijking van Satoshi in het witboek.“

Gerelateerde Bitcoin Blockchain zal worden gekraakt voordat Asteroid Mining mogelijk wordt: Peter Schiff
Gerelateerd
Bitcoin Blockchain zal worden gekraakt voordat Asteroid Mining mogelijk wordt: Peter Schiff

Dubbele-uitgavenproblemen

De grootste zorg is een mogelijke dubbele besteding, een kwetsbaarheid die het mogelijk maakt om digitale tokens te dupliceren.

BitMEX Research merkt op dat de ongebruikelijk lange muffe keten niet heeft geleid tot dubbele bestedingen. Echter, een oudbakken blok dat op 27 januari werd gedetecteerd had een invoer van $3 die twee keer werd uitgegeven:

„Afgezien van de muntenbases, bevatte het oude blok 39 txs niet in het winnende blok. 38 daarvan haalden het volgende blok 614.733. De andere had een input van 0.00034801 (US$3) en lijkt dubbel te zijn uitgegeven.

De populaire XRP tracking bot op Twitter heeft gegevens gepubliceerd die zeggen dat de blockchain decacorn Ripple 20 miljoen XRP heeft uitgevoerd in twee transacties.

Tien miljoen XRP werd verplaatst tussen de portemonnees van Ripple. De andere helft ging naar de ODL-corridor van het bedrijf, Bitstamp, gevestigd in Luxemburg, Europa.

Interne XRP-transfers in Ripple worden vaak uitgevoerd wanneer het bedrijf middelen voor operationele uitgaven toewijst, die naar zijn partners (grote financiële instellingen) worden gestuurd en naar cryptobeurzen om de liquiditeit van de munt te ondersteunen.

Van tijd tot tijd stuurt Ripple XRP ook naar zijn partner MoneyGram, die met hem samenwerkt als het gaat om ODL-corridors.

De andere helft van de 45-mln-XRP taart werd verstuurd door de Japanse cryptowisselaar Bitbank, een ander ODL-platform.

Venezuela: creation of a state exchange for PTR, BTC, LTC and DASH

In a context of major hyperinflation, the Venezuelan government continues to open up to the cryptocurrency markets. He has indeed announced the launch of a state exchange, which will allow the exchange of cryptocurrencies other than Petro (PTR).

Venezuela government bets on cryptocurrency exchange

As announced in a statement from the National Cryptoassets Superintendency (SUNACRIP), the platform proposed by the government will be called Venezuela Exchange (VEX) . The exchange will be available from the PetroApp wallet, which has also been made available to the inhabitants of Venezuela.

We know so far few details on this exchange. However, we know that it will be based on “P2P technologies”, and that users will be able to exchange several assets. Beyond Petro (PTR), the government’s cryptocurrency, you can find BitQT app, Litecoin (LTC) and Dash (DASH) on Venezuela Exchange . They can be exchanged directly for the sovereign bolivar (VES).

Does the government plan to seize all areas related to cryptos?

The statement said the portal SUNACRIP is a comprehensive platform that brings together the wallet PetroApp, the new Venezuela Exchange, the department transfer of cryptomonnaies Patria Remesas and a current converter.

After pushing the inhabitants of Venezuela to use the Petro before any other asset, the government therefore seems to have made a change of course in recent months, by integrating cryptocurrencies as a whole . He is betting big on this “ new digital economy ”, because the economic and political crisis in the country has worsened.

Last month, the government announced it had created a state mining pool to force miners into surveillance . Nicolás Maduro had also officially confirmed that cryptocurrencies would now appear in Venezuela’s anti-sanction arsenal . However, it remains to be seen whether the exchange offered to the inhabitants of Venezuela will be functional. In the past, the official services related to Petro and cryptocurrencies had indeed encountered many problems.

Still no clarity about the 200,000 Bitcoin (BTC) on OKEx

It has been 12 days since the Bitcoin exhibition OKEx had to stop processing recordings.

On the morning of October 16, the exchange suddenly froze (out of force majeure) the withdrawals from the platform. Actually, nothing has changed since then.
At the time, the stock exchange announced that one of the owners of the essential private key is currently „working with the police“ due to ongoing investigations. It would be a personal matter. But because of this, this person’s private key cannot be used to sign recordings of Bitcoin and other crypto currencies.

It all happened on a Friday morning, twelve days ago. Now, on October 28th, the situation is still unchanged.

However, the stock market did come up with WebSocket System Upgrade. In addition, the staff claimed that they are „doing their utmost to solve the issue with the recordings as soon as possible.

„Recordings from OKEx are still paused. The security of our users‘ money is our top priority. All this power is still safe and unaffected. We are doing everything we can to ensure that the platform is fully functional again“.

Partly because the Bitcoin of the users are fixed but can be traded, a premium has been created. The BTC-USDT trader on OKEx is a lot higher compared to the spot price on other exchanges.

Start peer-to-peer trading

A few days ago, the fair announced that all other services will continue. With one exception: paying out money. Thus, the platform resumed peer-to-peer trading on October 20. For this service, no crypt currency needs to be withdrawn from the central platform with the intervention of the stock exchange.

There was speculation that this peer-to-peer platform was the reason for the investigation. It is known that this type of service is popular among money launderers. So it turns out not to be the case.

According to Glassnode, there are currently around 200,000 Bitcoin (BTC) at the stock exchange. With the current market price that amounts to $2.8 billion.

This has not changed since the news 12 days ago. This has all been charted with on-chain analysis.

Local authorities reported that Xu Mingxing, also known as Star Xu, is the literal key figure in this case. Therefore, never forget: you can also be this figure yourself. „Not your keys, not your coins.“