Bitcoin price falls to below USD 13,300 after daily high

Shortly before $14,000, the BTC/USD pair fell and is currently holding at just under $13,200.

Bitcoin (BTC) fell to below $13,300 on 28 October, after testing its resistance since 2019 and breaking away from there.

Development crypto currency market on Coin360

Data from Cointelegraph Markets, Coin360 and TradingView show increasing volatility on Wednesday after the BTC/USD pair reached $13,850.

When it failed to reach $14,000 it became uncertain. As a result, the pair slumped to below $13,300.

In a subsequent recovery, $13,400 became a key point. There were repeated increases and decreases.

On Wednesday, an unusually large transaction took place on the Coinbase exchange, which was based on an unknown wallet. It is expected to result in a sale worth 1,072 BTC (14.6 million US dollars). Previously, there were several large transactions of the same amount and larger transactions that were tracked by the Whale Alert monitoring service.

Cointelegraph reported that there was a $1 billion transaction on Tuesday that could be attributed to Coinbase.

However, analysts make a clear distinction between short-term price movements and their longer-term effects. Some believe Bitcoin has already proven its maturity as an asset and further growth in the coming months is virtually guaranteed.

As Cointelegraph explained, Raoul Pal, CEO of Real Vision, said publicly that Bitcoin will rise to its all-time high of $20,000 within three months.

Cointelegraph Markets analyst Michaël van de Poppe, on the other hand, stressed the importance of breaking $14,000 and making this level a support. The level around 13,000 US dollars, on the other hand, should now act as an important support zone.

Translated with www.DeepL.com/Translator (free version)

Harvest Finance DeFi-teamet indrømmer, at de lavede en ingeniørfejl

Tidligt i går blev DeFi-industrien rystet af nyhederne om en hacker, der formåede at udnytte Harvest Finance-protokollen ved hjælp af flash-lån.

Ifølge den post-mortem af hændelsen fra teamet på Harvest Finance, angriberen udnyttede protokollen hjælp arbitrage og forgængelig tab af USDC og USDT inde i Y Pool og Curve.fi at udføre hack.

Udnyttelsen af ​​Harvest Finance tog kun syv minutter med hackeren, der gik væk med $ 24 millioner. Udnyttelsen forårsagede et samlet tab på 33,8 millioner dollars for Harvest Finance som forklaret nedenfor.

Aktiekursen for USDC-hvælvet faldt fra 0,980007 til 0,834953, og aktiekursen for USDT-hvælvet faldt fra 0,978874 til 0,844812, hvilket resulterede i et fald på henholdsvis 13,8% 13,7%.

Den tabte værdi er omkring $ 33,8 millioner, hvilket svarede til ca. 3,2% af den samlede værdi, der var låst i protokollen på tidspunktet før angrebet.

Harvest Finance Team indrømmer, at de lavede en ingeniørfejl

Mindre end 24 timer efter angrebet har holdet hos Harvest Finance indrømmet, at de lavede en teknisk fejl, da de designede protokollen. Desuden formulerer de en plan for at afhjælpe problemet for alle berørte brugere af Harvest Finance. Holdet har også anmodet angriberen om at returnere pengene, så brugerne kan få kompensation.

Angriberen har bevist deres pointe. Hvis de kan returnere pengene til brugerne, ville det blive værdsat af samfundet. Det er fokus at returnere midlerne til de berørte brugere.

Vi lavede en teknisk fejltagelse , vi ejer det. Tusinder af mennesker fungerer som sikkerhedsskader, så vi anmoder ydmygt angriberen om at returnere midler til deployeren, hvor den distribueres tilbage til brugerne i sin helhed.

$ 100.000 dusør med angriber efterlader et spor af brødkrummer

Harvest Finance Team hævder også at have væsentlig information om hackeren og tilbyder en $ 100.000 bounty på enhver person eller et team, der vil hjælpe med at returnere pengene. Hvis returneringen foretages inden for 36 timer, øges beløbet til $ 400k.

Med hensyn til angriberens identitet har holdet hos Harvest Finance forklaret, at han / hun foretog flere transaktioner til kendte indskudsadresser, der tilhører Binance . De har også advaret om populære børser som Binance, Coinbase, Huobi, OKEx , Kraken og Bitfinex for at sortliste adskillige Bitcoin-adresser, der blev brugt til at hæve midler ved hjælp af renBTC.

DeFi stadig ikke risikofri

Harvest Finance-hacket kommer i kølvandet på flere tæppetræk og hacks i DeFi-branchen i de sidste par måneder. Dette betyder, at der vil være flere forekomster i fremtiden, og DeFi-investorer rådes til at foretage yderligere forskning såvel som at gøre en vane med at investere i DeFi-protokoller, der er korrekt revideret.

Predicción de precios de Bitcoin: BTC/USD es un rango limitado, batallas para limpiar las zonas de resistencia de $13,300 a $13,500

Predicción de precios de Bitcoin (BTC) – 25 de octubre de 2020

El precio del BTC/USD ha seguido fluctuando entre 12.800 y 13.200 dólares. Hoy, los toros rompieron la resistencia de 13.200 dólares, pero el movimiento ascendente fue repelido posteriormente. El precio cayó a la zona de rango para reanudar un movimiento lateral.

Hoy, los compradores se enfrentaron a un fuerte rechazo por encima de la zona de 13.200 dólares, ya que el precio rompió el rango de precios superior. La moneda rompió la resistencia de 13.200 dólares pero enfrentó el rechazo en las zonas de resistencia de 13.300 a 13.500 dólares. El movimiento alcista de Bitcoin Billionaire está amenazado, ya que los toros deben atravesar las zonas de resistencia.

  • Niveles de resistencia: 13.000, 14.000, 15.000 dólares.
  • Niveles de apoyo: 7.000, 6.000, 5.000 dólares.
  • BTC/USD – Gráfico diario

La resistencia de 13.500 dólares debe romperse para que el precio de BTC reanude su impulso alcista. De lo contrario, el movimiento de rango entre 12.800 y 13.200 dólares continuará. El precio de Bitcoin está operando por encima del rango del 80% del estocástico diario. Esto implica que pueden surgir vendedores que empujen el precio de la BTC hacia abajo.

El etéreo pronto se convertirá en la primera cadena de bloques que se liquide 1 billón de dólares en un año

Se dice que la red Ethereum procesa el doble del volumen de transacciones de Bitcoin y está en camino de procesar 1 billón de dólares este año. Por otro lado, Bitcoin está en camino de procesar 800 millones de transacciones. Ethereum ha sido capaz de procesar el doble de volumen de transacciones de Bitcoin como resultado del boom de las finanzas descentralizadas del tercer trimestre. Según los informes, la media diaria de 30 días de volumen de transacciones de Ethereum es actualmente de 7.000 millones de dólares. En el caso de Bitcoin, procesa menos de 3.000 millones de dólares.

BTC/USD – Gráfico de 1 hora

Es probable que el impulso alcista de Bitcoin continúe si el precio supera las zonas de resistencia de 13.300 a 13.500 dólares. El 25 de octubre la tendencia alcista; BTC se resistió a un máximo de 13.358 dólares. El cuerpo de la vela retrazada probó el nivel de retrazado de Fibonacci al 38,2%. Esto indica que la moneda subirá al nivel 2.618 de extensión de Fibonacci. Esto equivale a un máximo de 14.355,90 dólares.

Bitcoin Prijs Analyse: Slechts $1K tot 2020 Hoog – Kan BTC binnenkort $12.500 terugwinnen?

Oktober opent door een storm. Nu Wall Street dicht bij het breken van de records komt, is het nu de beurt aan Bitcoin na een behoorlijke prijswinst van $1000 in slechts 3 dagen. Nieuwe 2020-hoogte binnenkort?

Bitcoin nam een pauze van de handel tijdens de maand september, met een relatief lage volatiliteit. Zoals te zien is op de volgende 4-uursgrafiek, was de gemarkeerde symmetrische driehoek in principe het verhaal van september: Begon met een enorme dump en een langzame consolidatie, sindsdien, rond de $10.600.

Zoals hieronder te zien is, betekende donderdag een doorbraak – in het voordeel van de Bulls. Sinds het breken van de driehoek op $ 10.8K, zagen we een gezonde consolidatie en uiteindelijk een breakout van de $ 11-11.2K gebied, dat was de meest recente high.

Tot nu toe, als het schrijven van deze lijnen, de dagelijkse kaars van vandaag gemarkeerd $ 11.500 als de dagelijkse high. Dit is de eerste weerstand om naar te kijken.

Echter, na drie opeenvolgende groene dagen, zou Bitcoin een beetje kunnen rusten. In het geval van een correctie, zou de $11.000 – $11.2000 steun een zeer gezonde hertest overwegen. Een dagelijkse close onder de $11K zou dingen kunnen veranderen in het voordeel van de beren.

De Fundamentals en de Technicals

Zoals we weten, heeft Bitcoin de laatste tijd een positieve correlatie met Goud en de aandelenmarkten laten zien. De afgelopen dagen, met name op donderdag en vrijdag, heeft dit geleid tot een stijging van 2-3% over de belangrijkste Amerikaanse marktindexen. Kort na de sluiting van Wall Street op vrijdag was het de beurt aan Bitcoin om zijn mogelijkheden te tonen.

Technisch gezien staat de dagelijkse RSI nu op 64-65, het hoogste punt sinds 17 augustus 2020. Ondanks de opwinding is het handelsvolume nog steeds niet significant.

BTC Levels to Watch in The Short-Term

Zoals hierboven vermeld, wordt Bitcoin nu geconfronteerd met $11.400 – $11.500 als eerste gebied van verzet. Als BTC erin slaagt om hierboven te breken, dan zou $11.800 een zwakke weerstand moeten zijn voor het $12.000 – $12.100 weerstandsgebied.

Van onderaf wordt het eerste niveau van steun nu $11.200, gevolgd door $11.000 en $10.800.

Totale Market Cap: $366 miljard

Bitcoin Market Cap: $210 miljard

BTC Dominance Index: 57.5%

The top 3 NFT crypto projects

Non Fungible Tokens (NFT) have broken one milestone after another in the past few weeks. The total volume has already passed the 100,000,000 US dollar mark, and more and more investors and companies are venturing into the NFT sector.

Many NFTs can easily be traded on Bitcoin Machine marketplaces such as OpenSea or Enjin via Metamask. Some of the NFTs reach very high prices due to their scarcity or function in games.

With the Arbismart wallet and arbitrage trading platform, thousands of investors earn passive income (10.8-45% per year). The fully automated crypto arbitrage platform offers low risk, high return investments. ArbiSmart is EU licensed and regulated.

In addition, the NFT sector can be divided into different categories. The five largest NFT industries are currently digital artwork, collectibles, in-game items, metaverses, and sports NFTs.

At the time of going to press , the NFT industry has, according to NonFungible the following trading volume:

Recently, most of the debates in the NFT space have revolved around the price of a tokenized work of art as well as the price of other tokenized objects.

But what are the largest crypto projects by market capitalization that are actively involved in the development of the NFT infrastructure and have a native cryptocurrency for their platform?

1. Enjin (ENJ): market capitalization of $ 128 million

One of the most famous crypto projects in the NFT space is Enjin. The team creates a blockchain-based ecosystem for virtual worlds and focuses on the gaming area.

In addition, the Enjin platform supporting the new ERC-1155-token standard that even more effective than the traditional products used for NFTs ERC-721 -Tokenstandard should be. As a result, the ENJ token can, put simply, transform gaming items on the blockchain into NFTs.

In the future, the ERC-1155 token standard should also make real objects on the blockchain tokenizable. In addition, ENJ can be used as a means of payment for items in a variety of games.

2. Decentraland (MANA): market capitalization of $ 114 million

Decentraland is a virtual platform based on Ethereum that enables users to purchase virtual objects within a virtual world with the MANA Coin .

Furthermore, users in Decentraland can use MANA as a means of payment for games and other services.

In addition, it is revolutionary that virtual properties or objects are mapped as NFTs on the Ethereum blockchain. The most expensive NFT ever traded in Decentraland cost according to OpenSea at the time, it was $ 215,200.

3. WAX (WAXP): Market capitalization of $ 57 million

Wax describes itself as a platform that allows you to create, sell and buy NFTs all over the world without restrictions

The platform Token WAXP, which runs on Wax’s in-house blockchain, can work with the EOS blockchain . According to a medium post, the crypto currency WAX is supposed to be von Wax will soon serve as a bridge between the EOS and Ethereum blockchain on September 30th.

This would make it possible to trade NFTs across blockchain. In addition, WAX should be able to be staked on the platform in order to receive part of the fees that are required for NFT trading on the Wax platform.

Tezos (XTZ) struggles to regain his footing after a steep fall

Tezos is trading between support at $ 1.70 and resistance at $ 2.80.

Longer-term timescales show considerable weaknesses

The XTZ / BTC pair is trading between 16,500 and 24,000 satoshis.

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French Army Tezos

The price of Tezos (XTZ) has been declining since its rejection by a high fibonacci level. We could see some short term increases, but it looks like the long term trend is bearish.

XTZ price peaked at $ 4.49 on August 13, and has been declining ever since. The limit of its rise coincided with the fibonacci level 0.618 of the entire previous downstroke, resulting in a powerful rejection.

Tezos‘ long-term weaknesses

This peak combined with a bearish divergence in the RSI like the MACD, the latter also turning negative.

This tells us that the most likely scenario would be a decline towards the $ 1.50 area in order to validate the upward support line.

On September 4th, the price fell below the support zone of $ 2.80, as well as the ascending support line in place since March.

The XTZ then continued its descent with increased speed.

The main support area is at $ 1.70, which is the 0.786 fibonacci level of the entire upward movement, and former resistance. When price tests it, this resistance should likely convert to support.

Technical indicators are bullish:

The MACD has generated bullish divergences and is on the rise
The RSI has moved out of its oversold territory
The Stochastic Oscillator is forming a bullish cross
There are signs that after a possible dip to $ 1.70 support, price will likely test $ 2.80 resistance again. The long term trend remains bearish.

Cryptocurrency trader @Cryptotoni_ shared a chart of the XTZ indicating that the price has reached a limit and is expected to resume its downward movement shortly.

From the aforementioned August 13 high, it looks like the XTZ has started a bullish impulse (in black below), with a third wave extended (in blue).

If the count is correct then the XTZ would probably be in wave 4. The latter is expected to end between $ 2.71 and $ 2.96, which is between the fibonacci levels 0.382 and 0.5 of the wave. 2.

Price is then expected to complete a final descent, which would take it between $ 1.50 and $ 1.70. This area is a confluence of the long term upward support line outlined in Section 1, and the area of ​​support mentioned in Section 2.

The ZTC / BTC chart is more ambiguous. The price is moving between the support of 16,500 satoshis, and the resistance of 24,000 satoshis. It is currently in the middle of that range.

The technical indicators are uncertain:

The MACD is on the rise but has yet to reach positive territory
RSI is rising, but remains below 50
Stochastic RSI is forming a bullish cross but this is not yet confirmed
Thus, the most plausible scenario would be a period of consolidation between these two areas.

Dfinity ist bereit nach Marktkapitalisierung einzusteigen

Dfinity ist bereit, direkt in die Top 5 der Krypto-Token nach Marktkapitalisierung einzusteigen

Der letzte Meilenstein „Feature complete“ vor der öffentlichen Vorstellung enthüllt zum ersten Mal das Governance-System.

Am 30. September gab DFINITY die Veröffentlichung des letzten Meilensteins vor dem öffentlichen Start mit Bitcoin Era des Netzwerks im Laufe dieses Jahres bekannt. Diese Version, Sodium genannt, stellt eine „Feature Complete“-Version des Netzwerks dar. Das Unternehmen gab auch Einzelheiten über sein Steuerungssystem mit der Bezeichnung Network Nervous System oder NNS bekannt.

NNS wird ein proprietäres Token namens ICP verwenden, um den Betrieb auf seinem „Internet-Computer“ zu erleichtern. Bei der Markteinführung wird es 469.213.710 ICP-Token geben – eine Zahl, die von der Menge der Token abhängt, die zuvor über Vorverkäufe und andere Verteilungsrunden ausgegeben wurden.

Während die jüngste Mittelbeschaffungsmaßnahme der NNS die ICP-Marken zu einem Kurs von etwa 4,50 USD anbot, liegt der Terminpreis des Vermögenswertes derzeit bei über 17 USD. Wenn dieser hypothetische Wert zutrifft, würde die Marke bei der Markteinführung eine Marktobergrenze von etwa 8 Milliarden USD erreichen. Ein so hoher Preis würde ausreichen, um den Titel unter den Top 5 des CoinMarketCap zu platzieren.

Williams würde sich jedoch nicht auf diese Statistik berufen

„…wir konzentrieren uns auf die Technologie und stellen sicher, dass der Internet-Computer erfolgreich funktioniert, und auf die immensen positiven Auswirkungen und Vorteile, die er der Welt bringen wird, also schenken wir wenig Aufmerksamkeit […] Wir denken langfristig, während Märkte, insbesondere Kryptomärkte, sehr volatile und kurzfristige Indikatoren sind.

Der NNS ist ein algorithmisches Steuerungssystem, das es den Inhabern von ICPs erlaubt, Token darin einzuschließen, um „Neuronen“ zu erzeugen. Diese gewähren Stimmrechte bei Vorschlägen, die sich auf den Betrieb des Netzes laut Bitcoin Era auswirken. Sie geben den Teilnehmern auch Belohnungen in Form von zusätzlichen ICP-Tokens.

Die unabhängigen Datenzentren, die die spezielle Knoten-Hardware betreiben, die dem Internet-Computer von DFINITY zugrunde liegt, werden ebenfalls mit ICP-Tokens belohnt.

Das sagte der DFINITY-Chefwissenschaftler und Gründer Dominic Williams zum Start von DFINITY:

„Es ist die technische Lösung für die systemischen Probleme, die Big Tech mit ihrem Monopol über das Internet geschaffen hat […] Das NNS ist der Katalysator für das offene Internet, das uns in den 1990er Jahren versprochen wurde, und es stellt sicher, dass die Zukunft des Internets offen und frei bleibt.

Der Internet-Computer von DFINITY zielt darauf ab, eine wirklich dezentralisierte Alternative zum Betreiben und Hosten von Inhalten durch die Cloud-Dienste von Big Tech zu bieten. Stattdessen interagieren die Benutzer direkt mit Code, der auf einer unveränderlichen Blockkette gehalten wird.