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A DeFi that exploded during the summer, the upcoming arrival of the Ethereum (ETH) 2.0 with all the promises of Vitalik Buterin: despite the pandemic, the Ether had all the assets in its pocket to shine this year. The ETH prize has passed the 500 USD mark. Michael van de Poppe already places it well above this level, although it will be a long time before the next altseason. It would have been better to invest in Ether than in Bitcoin. According to the latest data from Cointelegraph Markets, Coin360 and TradingView, the Ether would follow the trajectory of Bitcoin (BTC) as it approaches the psychological thresholds of the market. The ETH has just reached the 500 USD on November 20, 2020, for the first time in 2 and a half years, while the Altcoins are slowly recovering from the poor performances of the last few months. Although the daily gains of the Aether have leveled off at around 6%, traders are delighted with this news, especially since the overall performance of the ETH for this ...

Bitcoin (BTC) is close to a new ATH at USD 1,500. The bulls are making the effort to overcome the final hurdles even though the $20,000 USD is more of a symbolic destination than a final destination for BTC. The BTC is expected to culminate at much higher peaks according to Mike McGlone. The $20,000 USD: a passage, not an endpoint Bitcoin continues on its way to new ATHs and is approaching $20,000, after approaching $19,000 on November 21, 2020. The $18,500 is a major support for its further ascent. The BTC is trading at $18,502 at the time of writing. Gold has also reached historic highs at $2,000 per ounce before entering a phase of decline and consolidation. Bloomberg analyst Mike McGlone said in an interview that $20,000 is an acceptable short-term resistance level. In the long term, he sees the BTC price taking off again. And another zero McGlone said that in less than a year, Bitcoin went from $7,000 to $17,000 - the BTC was trading in the $17,000 - $18,500 range at the time of h...

Margin trading at Coinbase is over (or almost)! The exchange is forced to stop offering margin trading to its clients, to avoid incurring the wrath of the CFTC. Curtain on margin trading at Coinbase On November 24, 2020, Coinbase announces that it will prevent clients from placing margin trades on November 25, 2020 from 10:00 p.m. UTC, as a result of recent CFTC regulations. The platform also plans to cancel all limit orders. Coinbase will stop margin trading in December 2020, when all open trades will have expired. In particular, the exchange has indicated its inability to comply with the CFTC's March 2020 guidance on the "effective delivery" of digital assets. Margin trading is a borrowing for clients and not a definitive acquisition; in other words, the delivery of a cryptomony to a buyer via such a transaction does not take place because the client has not legally taken control of the cryptomony. However, CFTC rules provide that neither Coinbase nor any of its affilia...

Talking about ATH for a utility token: it's frankly not very logical! So Peter Brandt would have been right to say that the SEC should declare Ripple (XRP) as a security and not a utility? Ripple's CTO had tried to address the lack of adoption of the project. A Ripple that eclipsed Bitcoin (BTC) for a weekend must have put a smile back on his face. Ripple: the star of the weekend Ripple is the crypto star of the weekend of November 21, 2020, with a 50% increase during the past week and a new annual ATH - Ripple recorded a daily increase of more than 20% during the week. Bitcoin remains in the spotlight as it continues its journey towards the $20,000 mark. Other Altcoins such as Ether (ETH) and Litecoin (LTC) followed the same trend. ETH has just surpassed 500 USD and LTC has increased by 40%. The graphs show that the USD 0.30 threshold was a resistance for Ripple throughout the year. A new support zone could potentially be established at this level with a new price range and a ...

There is no doubt that cryptomoney and especially Bitcoin have enabled the emergence of new millionaires and billionaires. The number of the latter being necessarily limited, their identity is however not known by all. In addition to the high volatility of the cryptomoney, the reserve of the interested parties on their patrimony makes it even more difficult to count them. However, it is certain that the first investors who took part in the adventure would be among the first to do so, provided that they have kept a large part of their assets. More details in the following. A billionaire in Bitcoin and a major player in cryptographic space Compared to the year 2018, there are now half as many billionaires in cryptomoney known in the Forbes list of the world's richest people. This is mainly due to the reasons mentioned above and to the entry of larger players in this market. However, it is important to distinguish between two types of billionaires. On the one hand, there are those who...

Slowed down by the period of low volatility of Bitcoin (BTC), P2P transactions involving cryptography seem to have picked up again in Asia. Moreover, this recovery has enabled new players to increase their market share and signal their presence. Thus, if Paxful has been able to take advantage of the rise in bitcoin prices, China is dangerously seeing India come to compete for its place as the largest contributor to the volume of P2P in Asia. Explanations. A year marked by growth in P2P exchanges in India Unlike exchanges, LocalBitcoins offer a bitcoin P2P exchange model that has won over users. Since the implementation of the KYC verification procedure, however, they have lost market share to platforms such as Paxful. Paxful has taken advantage of this to become the largest P2P exchange platform in Asia. With the upward trends in Bitcoin over the last 2 months, there is a discreet redistribution of the cards in the region. According to data published by Arcane, two countries are leadin...

A bonfire with fiats feeding the bonfire: only millionaires and billionaires would be aware of the true value of fiats? Institutional investors and wealthy individuals are increasingly rushing to Bitcoin (BTC). The fiats in the trash Mexico's 2nd wealthiest, Ricardo Salinas Pliego, revealed that his investment portfolio included Bitcoins. In a tweet of November 18, 2020, the billionaire shared a video showing banknotes thrown into trash bags: some suggest that they could be denominations of 10,000 Venezuelan bolivars issued between 2016 and 2017 before the country redenominated its currency, when the economy was hit by hyperinflation. Pliego says that paper money has no value, so it is necessary to diversify its investments. The billionaire went on to praise Bitcoin, explaining that it was a great alternative that protected its holder from any attempts at expropriation or manipulation by a central government. A queue at the door of Bitcoin Another tweet from Pliego published a few ...

From gold to copper to silver to palladium, precious metals, sometimes mistakenly considered Old School by millennials who prefer Bitcoin to good old yellow metal, still resist well to the wrinkles of age and continue to be a safe haven in times as uncertain as the ones we are going through.  But what are we really talking about when we talk about a precious metal? What is its true value over time? And why invest in these assets for the little original today?  We'll take you on a tour with us of the precious metals in which to invest in 2020, and you'll even see that combining cryptomony and precious metal is now possible... we won't tell you more! Precious metals, kezako?  Osmium, iridium, rhodium, ruthenium, this list tells you nothing? Yet they are all precious metals, appreciated in the same way as gold, silver, copper or palladium for their high economic value. These elemental metals, since they are originally extracted from the ground, although increasingly recycled...

The price of Bitcoin is approaching its historical records (All Time High, ATH), volatility is increasing, what are the possible scenarios? Key technical factors of the article : - The price of Bitcoin is in an increasingly steep uptrend and is very close to its historical records. - Two market cases seem to me possible for the end of the trading year for BTC - Experts think it's now time to buy Bitcoin The bullish slope goes into euphoric mode, prudence Bitcoin's price has therefore reached our technical target price range of $17,000/20,000 in a cryptographic market still dominated by the leader BTC. The trading volume remains substantial and the momentum of the rise (its first derivative, its underlying speed more simply) is accelerating. I believe that the market has reached a risk zone, volatility will increase and the market could consolidate/recover very soon, which would be healthy for the underlying uptrend. Two possible scenarios for Bitcoin between now and Christmas B...

Bitcoin's progress continues with a price that is approaching its historical records (All Time High). The proof, the number of new Bitcoin addresses created: 24,807 in the space of just one hour. Such a level had not been reached since January 2018. It must be said that for the last few weeks, Bitcoin has been breaking records and getting closer to historical indicators. Investors have in mind the 20,000 dollars of December 2017. Bitcoin is not there yet. On the other hand, the bull run is bound to attract new users. According to Glassnode, 24,807 new Bitcoin addresses were created on November 18. And all this in the space of just one hour. 32.5 million Bitcoin addresses on board And the last time such a high level of address creation was observed was in January 2018, just after the $20,000. However, as our colleagues at Decrypt point out, new addresses do not necessarily rhyme with new users. There is nothing to prevent the same holder of a crypto-money from creating different add...

In the meanders of the investment for the amateurs of cryptomoney is the Copy Trading. An investment formula that offers both return and security. Which has the merit of being a combination as rare as necessary in the field. The whole benefiting from an implementation whose simplicity makes it possible to accommodate and satisfy all levels of profiles. This applies to both beginners and more experienced investors. With a single common objective: not to have to worry about it anymore. Trading in cryptomoney is a complex activity that must be accompanied by informed choices and responsible decision-making. All of this is part of a strategy established upstream and which must be respected even - or especially - in times of market euphoria or collapse. Because its worst enemy is the trembling hand of the user stuck in front of the curve of its volatility in real time. An activity that therefore requires keeping one's cool and that cannot be improvised. But its implementation can just a...

Bitcoin's (BTC) forward march attracts Citibank's attention. The third US bank, through one of its directors, Thomas Fitzpatrick, suggests that Bitcoin could surpass $300,000 by the end of next year 2021. The global head of CitiFXTechnicals product explained in a report entitled "Bitcoin: Gold for the 21st Century". Here are the key points. From Bretton Woods to Bitcoin The paper begins by comparing the current Bitcoin boom to the emancipation of gold from the 1970s. A pivotal period that precipitated the rise of the barbaric relic after 50 years at between $20 and $35. "This period (the 1970s) marked a structural change in the modern monetary regime. The suppression of the orthodox relationship between gold and fiat money led to fiscal indiscipline, deficits and inflation. » Regular readers of Thecointribune know the short story but it is always interesting to recall what changed in the 1970s: the roots of the rise in gold prices from the 1970s go back to the Br...

Polkadot (DOT) wants to connect the different blockchains. Some of the projects that make up its ecosystem had a good year in 2020. The Robonomics Web Services (RWS) token is the first crypto token to have traded for more than 100,000 USD.  The Moonbeam project wants to create a bridge between Ethereum (ETH) and Polkadot: "The future is Multi-Chain". A chain between Ethereum and Polkadot The Moonbeam project aims to allow Ethereum developers to be at ease on Polkadot This project aims to set up a parallel chain that emulates the environment of the Ethereum Virtual Machine (EVM). Blockchain interoperability generally requires the installation of a complete blockchain to host decentralized applications. The Polkadot Substrate protocol aims to simplify this process since not all Dapps need such a level of control over their environment. The Moonbeam team says that with this project, Ethereum developers will not have to make major changes to their code. They will also be able to...

The market response to the announcement of a possible vaccine has been historic. While stocks have generally risen, commodities such as gold have fallen. In its perfect fundamental logic, cryptos such as Bitcoin (BTC) remained in between stocks and precious metals. The continuation of a strong economic risk in the coming months could accentuate the risks of readjustments in the markets. Cryptos assert their independence An unprecedented historical context This situation of extreme financial (and soon economic) readjustments implies decisive market movements. The last few weeks have probably opened the trend until the end of the year. So far, the youth of cryptos in the financial landscape exposes them to an unprecedented situation. We will focus here mainly on Bitcoin to decipher the latest market movements.   For the moment, the weekly trend on Bitcoin for example remains strong. The risk would essentially be on the daily trend for February. The fact that Bitcoin seems to be ...

What doesn't kill makes you stronger... So I hear. - Making investment mistakes happens to everyone, even Ripple's CTO. Ripple confessed to losing over $300,000 by investing it in other shitcoins. 300,000 dollars bet on the wrong horse Ripple's CTO, David Schwartz, is transparent about his investments and especially his losses. Schwartz admitted in mid-October that he missed out on big gains after selling off 40,000 ETH for $1 each, even though the network had just been launched. But his losses don't stop with the discount sales he made a few years ago. He also made losses by trading altcoins. The latter testified to his losses through the Quora forum, where Internet users can ask questions so that other readers won't try to answer them. "Here are just a few of the crypto-currencies that I bought and finally had to sell when their value was close to zero: TIX, DICE, FLASH, VEZT, AMP, SIG, BEE, KIND, PRYZE, KUDOS, NRN. » David Schwartz, however, says his losses ...

Donald Trump is defeated and therefore tomorrow will be better? The Biden administration will soon see the light of day. It's difficult for the moment to know if it will be cryptophilic, cryptophobic or crypto-ignorant. Does Biden know Bitcoin? Joe Biden will soon be entering the White House; it is difficult to determine the impact of the results of the controversial US presidential election on the cryptos markets, as Biden did not talk much about it during his campaign. In the immediate term, Bitcoin (BTC) first dropped to the level of $14,600 USD on November 7, 2020 when the results were announced, before climbing back up to $15,600 USD the next day. For Noelle Acheson, who heads Coindesk's Research Department, the fall in the price of BTC would come from a prospect of a stable transition, challenging the chaos theory - multiple recounts of votes, an economy paralyzed in the absence of recovery - which would have harmed the dollar and benefited Bitcoin. Bitcoin would represen...

Borussia Dortmund (BVB) and Bybit are entering into a partnership that should improve the latter's reputation. Cryptos platforms have understood the potential of the soccer industry in terms of the sale of digital derivative products. Clubs want to ride the crypto and blockchain wave to offer innovative collectibles to their fans. Bybit will play during the Dortmund games. Borussia Dortmund and Bybit have entered into a multi-year partnership, which in the immediate future is focused on the mutual promotion of both brands. The CEO of Bybit, Ben Zhou, underlined the popularity of the club, which ranks 7th in the world in terms of fan numbers. Zhou said that the collaboration should enable the exchange to increase the reach and recognition of the brand. Bybit's logo and slogans will indeed be visible at all BVB matches. The next match will pit it against Bayern Munich, which markets derivative products based on the blockchain. Bayern is collaborating with the virtual gaming platf...