Bitcoin explodes the 10,000 €: who is the boss?

Bitcoin hits a milestone – Bitcoin rose above € 10,000 yesterday. The closing is straightforward, the price is symbolic, but significant for us, dear Europeans. The opportunity for a brief in euro, as we rarely do.

Breathe! Bitcoin is 10,000 euros

BTCEUR pair closed above 10,000 euros yesterday with a nice powerful candle.

Warning ! the crossing of this symbolic price alone should not be price as a buy signal, but as information that will simplify the calculation of a European portfolio.

The close is clear and the price continues to pull higher this morning.

Despite everything, it is not anecdotal either.

Bitcoin is in a period of significant recovery following a bubble burst that lasted for almost 3 years. Historically, he has spent just over 70 days above 10,000 euros.

Another way to express this metric is that whoever bought BTC above 10,000 euros without selling its position has spent the majority of time underwater (underwater) loss.

The next 2 rooms of the dungeon

A price level will remain to be watched due to the possibility of a significant excess of supply over demand, which has already delivered tremendous strength in the battle of recent days. This is the 12,500 euros .

This level corresponds to the last highest local. If we get past them, we’ll start to seriously attack the highs of July 2019. Remember! At the time, we were only talking about Libra, the new replacement for Bitcoin, already fallen.

Beyond the top of 2019, we arrive in the last room of the dungeon, the one where the last boss lives and rages for more than 1,000 days: the top of the bubble of 2017.

I’m not going to teach you what the last boss of a video game is for. They are designed to be undone, by design . We may come to terms with it 1x, 2x, 3x, 10x, but one conviction drives us: we will beat it eventually.

IOTA’s new platform boasts intelligent enterprise-wide contract applications

IN BRIEF

  • The IOTA Foundation’s new Pre-Alpha platform is designed to familiarise developers with the functionality of the project’s Intelligent Contracts.
  • IOTA hopes that the intelligent contract protocol will lend itself well to enterprise-wide applications.
  • The platform aims to present the possibilities of smart contracts on IOTA’s distributed DAG registry.

IOTA has announced the launch of the Pre-Alpha IOTA Smart Contract Protocol (ISCP) platform.

In an announcement, the IOTA Foundation stated that it hopes that this new version will demonstrate the ability of the IOTA network to deliver enterprise-level smart contract applications.

The new platform does not yet have full ISCP functionality. It is a Proof of Concept (PoC) application that aims to demonstrate smart contracting possibilities on IOTA’s distributed Directed Acyclic Graph (DAG) registry.

The Pre-Alpha CSI

Compared to a blockchain, IOTA believes that the ISCP Distributed DAG Registry offers a unique opportunity to implement intelligent contracts on a large scale at an unprecedented level. Indeed, according to the IOTA Foundation, the sensitive nature of this configuration as well as its flexibility makes it highly scalable for enterprise applications and real-world implementations.

The Pre-Alpha version is pre-loaded with three demo dApps to demonstrate the platform’s capability. These are TokenRegistry, FairAuction and DonateWithFeedback.

Demonstration of the functionalities of IOTA dApps

DonateWithFeedback demonstrates CSPI’s ability to take end-to-end responsibility for managing donations and feedback for websites. According to the foundation, this dApp is the simplest of the three demonstration contracts and best illustrates the system’s ability to handle most smart contracts at a high volume.

TokenRegistry allows ISCP users to simultaneously issue and assign metadata to IOTA range tokens in a single transaction. This saves time and therefore lends itself to entrepreneurial speed and efficiency. This dApp stores data such as tokens and token metadata immutably, as well as cryptographic proof of the identity of the person responsible for issuing the tokens and the number of tokens issued.

FairAuction, the latest dApp demo within the Pre-Alpha version, provides an intelligent contract environment for IOTA range tokens to be auctioned with confidence. According to IOTA, it is possible for anyone to put the tokens up for auction or to bid on an auctioned token. As an intelligent contract, it is fully decentralised and controllable, which solves the problem of trust.

Dominik Schiener, co-founder of IOTA, spoke to BeinCrypto shortly after the launch :

Today, we are very pleased to be able to share a first version of the IOTA Intelligent Contract Protocol with the world. We have reorganised the basic idea of Smart Contracts so that they can support IoT devices, appliances and a whole range of use cases that were generally perceived as out of bounds compared to traditional Smart Contracts. We expect more corporate partners and developers to explore and develop our functionality as we mature the technology, and we encourage people to collaborate with us.

Crypto Markets mergulham US $ 10 bilhões enquanto Trump encerra negociações de alívio de pandemia

Os mercados de ações globais e os mercados de criptomoedas sofreram uma forte queda desde que o presidente dos EUA, Donald Trump, encerrou as negociações sobre as medidas de alívio do Coronavírus.

Com a recuperação notavelmente rápida do vírus, que ceifou 210.000 vidas americanas, o presidente Donald Trump encerrou abruptamente as negociações com a porta-voz Nancy Pelosi e líderes democratas sobre novos pacotes de ajuda econômica.

Todos os três principais índices de ações dos EUA perderam ganhos sólidos no início do dia e caíram em território negativo após o anúncio , e os mercados de cripto-ativos seguiram o exemplo, indicando que eles se tornaram mais correlacionados às ações e menos ao ouro nos últimos meses.

Queda da capitalização de mercado de US $ 10 bilhões

A capitalização total de mercado diminuiu cerca de US $ 10 bilhões nas últimas 24 horas. A mudança derrubou os mercados de US $ 335 bilhões para pouco menos de US $ 325 bilhões.

No entanto, na visão mensal, eles ainda estão dentro de um canal de negociação limitado e ainda não mergulharam para mínimos mensais de cerca de US $ 310 bilhões.

O Bitcoin liderou o recuo, como de costume, com uma queda acentuada de 2% de $ 10.750 para $ 10.530 em apenas algumas horas. Desde então, o rei da criptografia se recuperou um pouco para ser negociado a $ 10.600.

O analista de criptografia ‚CryptoHamster‘ identificou uma divergência de baixa no período de tempo diário com testes repetidos da média móvel de 100 dias.

Divergências de baixa ocultas em um período diário

Foi observado por vários analistas que a volatilidade do Bitcoin e os volumes de negociação estão extremamente baixos no momento, o que geralmente é um precursor para um movimento maior em frente.

Essa pequena queda não pode ser considerada, portanto, um recuo para quatro dígitos parece mais provável de acontecer no curto prazo.

Em outro lugar em mercados criptográficos

Como de costume, as altcoins estão sendo atingidas com mais força e são responsáveis ​​pela maior parte da perda de valor de mercado no último dia.

Ethereum caiu de volta ao seu nível mais baixo por quase duas semanas em uma queda de 5% para pouco abaixo de $ 335 antes de se recuperar marginalmente para recuperar o nível de $ 340. O XRP da Ripple perdeu uma quantia semelhante ao cair de volta para $ 0,245, enquanto a Binance Coin caiu para $ 27,40.

Polkadot e Chainlink foram dois dos maiores perdedores do dia, caindo cerca de 7% cada. Somente a EOS foi capaz de contrariar a tendência entre os 20 primeiros da criptografia e postar um ganho de 6% na notícia de que o Google Cloud se juntará à comunidade para se tornar um produtor de blocos de rede EOS.