In the last few weeks, the Ethereum transaction fees have risen sharply and many small investors can hardly use Decentralized Finance (DeFi) applications. For this reason, many DeFi projects are looking for solutions. Polkadot (DOT) and Elrond (EGLD) are currently benefiting from this fact.

DeFi protocols push the Ethereum network to its limits. In the long run, more and more users who have little capital at their disposal could switch to alternatives

According to Etherscan , over half of the top 10 smart contract applications that put a load on the Ethereum network can be assigned to projects from Decentralized Finance. In particular, decentralized exchanges (DEX) such as UniSwap (UNI) or SushiSwap (SUSHI) are among the main applications that use up the ETH network. As a result, many DeFi protocols can only be used by extremely wealthy people and institutions. For a simple token transfer on the Ethereum blockchain alone, you currently have to pay between 12.82 and 23.70 US dollars.

For this reason, many Ethereum developers work together with DeFi projects on scaling solutions . But so far, none of these approaches has made a significant breakthrough. Therefore, some DeFi projects are now also relying on other blockchain projects. Polkadot and Elrond, among others, can benefit from this.

DeFi project Curve relies on polkadot

Curve Finance (CRV) has recently become the largest decentralized exchange on Ethereum. According to DeFi Pulse, the CRV protocol manages just under four billion US dollars , which is now ahead of UniSwap and SushiSwap. In contrast to UNI and SUSHI, Curve primarily focuses on exchanging trading pairs with extremely low volatility such as USDT, DAI and USDC. Additionally, according to CoinGecko , Curve has seen more than $ 400 million in trading volume over several days last month.

Due to the extremely high transaction fees on Ethereum, Curve is now cooperating with the Polkadot DeFi project Equilibrium. The plan includes the integration of a substrate-based version of Curve on Equilibrium’s Polkadot Parachain.

This does not mean that Curve is migrating from Ethereum, but after the full integration of Curve on the Polkadot Parachain, users should also have the option of exchanging tokens for Polkadot in addition to the Ethereum Curve version. The entire project will be the Open Grant Program of Web3 Foundation supports .

Elrond is expanding massively

Elrond (EGDL) is trying, similar to Polkadot, to build a decentralized blockchain network that is flexible and scalable. In contrast to Polkadot, Elrond relies on an adaptive “state-sharding mechanism” and a “Secure Proof of Stake (Pos) algorithm”. This enables Elrond to execute more than 15.00 transactions per second (TPS).

The project has now announced that it wants to expand massively into the DeFi sector and promptly entered into a cooperation with Binance’s smart contract platform (BSC) . That will enable the free flow of assets between the two blockchain networks. DeFi applications on the rapidly growing Binance Smart Chain and the Elrond network in particular should benefit from this .

Mentre Bitcoin scambia lateralmente, il prezzo dell’argento si è precipitato ad un massimo di 7 anni e XRP ha sorpreso i nuovi investitori con un forte sell-off del 50%.

Il prezzo di Bitcoin tra 32.000 e 34.000 dollari

Il prezzo di Bitcoin (BTC) ha trascorso la giornata di trading in un range stretto tra 32.000 e 34.000 dollari. Al momento della scrittura, l’asset digitale è inchiodato sotto la resistenza della trendline discendente e ogni tentativo di attraversare al di sopra di essa è incontrato dalla vendita.

I dati di Cointelegraph Markets e TradingView mostrano un aumento di prezzo del 4,14% per la criptovaluta di punta, che attualmente viene scambiata a 33.840 dollari.

Alla luce dell’azione laterale dei prezzi, Ki Young Ju, il CEO della società di analisi delle criptovalute CryptoQuant, ha individuato un potenziale indicatore rialzista che potrebbe indicare un breakout dei prezzi nel prossimo futuro per il Bitcoin.

Secondo Ju, più di 15.000 Bitcoin sono stati recentemente ritirati da Coinbase Pro con i deflussi che vanno „in portafogli di custodia che hanno solo transazioni in corso“, indicando che gli acquisti erano probabilmente „operazioni OTC da investitori istituzionali“. I rally hanno seguito simili deflussi in passato, e Ju vede questo come un segno che il BTC „proteggerà $33.000 nel breve termine“.

I mercati finanziari stanno ancora affrontando le buffonate di r/Wallstreetbets, che si è espanso nel settore delle criptovalute attraverso r/Satoshistreetbets e ha contribuito ad avviare le recenti pompe del prezzo di Dogecoin (DOGE) e ora XRP.

Dopo un rally del 147% per scambiare a 0,76 dollari durante la notte, il prezzo di XRP ha corretto del 47% e attualmente l’altcoin sta cercando di riconquistare il livello di 0,40 dollari.

In altre notizie, lo scambio di criptovalute Kraken si è unito a Grayscale Investments nel suo sforzo di combattere contro la regola del portafoglio auto-ospitato proposta da FinCEN e la legge STABLE del governo degli Stati Uniti.

Lo scambio ha promesso 100.000 dollari al Coin Center, un gruppo di difesa delle criptovalute con sede a Washington D.C., il cui obiettivo è quello di educare i regolatori sulle attività digitali, promuovendo anche i diritti degli utenti di criptovalute.

L’argento sale dopo che r/Wallstreetbets prende di mira i venditori allo scoperto

I mercati tradizionali hanno visto aumenti nella maggior parte dei settori e questo ha aiutato a recuperare alcune delle perdite dal 29 gennaio. L’S&P 500, Dow e NASDAQ hanno tutti beneficiato dell’azione positiva dei prezzi il 1 febbraio e hanno chiuso la giornata in rialzo rispettivamente dell’1,61%, 0,76% e 2,5%.

Come annunciato durante il fine settimana, i membri del gruppo di investitori r/Wallstreetbets hanno rivolto la loro attenzione al mercato dei metalli preziosi e hanno spinto i futures sull’argento oltre i 30 dollari, il livello di prezzo più alto dal 2013.

Da allora il mercato si è leggermente raffreddato e SLV è attualmente scambiato a 29,07 dollari.

Gli scambi decentralizzati sono al centro della scena

I token legati a DeFi continuano a performare bene mentre la battaglia tra Uniswap e Sushiswap si riscalda e i due principali DEX vedono aumentare il volume di scambi, insieme a un forte apprezzamento del prezzo dei loro token nativi.

Entrambi i token hanno raggiunto nuovi massimi del 2021. Il prezzo di UNI è aumentato del 17% ed è scambiato a 20,44 dollari, mentre SUSHI è aumentato del 28% ed è scambiato ad un prezzo di 12,73 dollari.

Binance Coin (BNB) è stata la moneta più performante della top 10 nelle ultime 24 ore, attualmente in crescita del 12,91% e scambiata ad un prezzo di 49,51 dollari. Nel frattempo, la piattaforma DeFi basata su NEO, Flamingo (FLM), è in crescita del 38,19% e scambiata a 0,305 dollari, spinta da un voto di governance in corso da parte dei titolari di token.

Il market cap complessivo delle criptovalute si aggira ora intorno ai 1.000 miliardi di dollari e il tasso di predominio del Bitcoin è del 62,5%.

La firma de inversión global con sede en Nueva York SkyBridge Capital anunció hoy que había comenzado su Fondo Bitcoin con $ 310 millones en activos bajo administración (AUM).

El administrador de fondos de cobertura fundado por el exdirector de comunicaciones de la Casa Blanca, Anthony Scaramucci, es actualmente la compañía de administración de fondos más nueva que ofrece a los inversores institucionales exposición a bitcoin a través de un fondo de Bitcoin.

El SkyBridge Bitcoin Fund está siendo sembrado con $ 310 millones en activos, según se informa, obtenidos del fondo insignia de la empresa de $ 3 mil millones

Al comentar sobre el último desarrollo, el fundador y socio gerente de SkyBridge, Anthony Scaramucci, dijo a Reuters: “Imagine cada cartera modelo en la que el oro se ha convertido en una clase de activo aceptada, cada cartera modelo tiene una exposición del 1% a bitcoin y puede ver la magnitud de donde bitcoin podría ser.“

La adopción de bitcoin por parte de SkyBridge surgió del reciente aumento del precio de bitcoin junto con otros activos criptográficos. La principal criptomoneda ha estado en una tendencia ascendente creciente e incluso se había marcado un nuevo máximo histórico cuando cruzó los umbrales de $ 34,000 el domingo.

Aparte del reciente aumento de precios, SkyBridge también está invirtiendo en ganancias

Los datos de Hedge Fund Research (HFR), una empresa de seguimiento de la industria, revelan que solo en noviembre, los fondos enfocados en criptomonedas obtuvieron un 52% de ganancias, que son aproximadamente 156% en 2020.

Según el presidente de HFR, Kenneth Heinz, las ganancias obtenidas en los fondos de cobertura han atraído la atención de los inversores, dijo: „Después de registrar fuertes ganancias durante el tumultuoso 2020, los inversores están aumentando activamente la exposición a los fondos de cobertura, incluidas las estrategias de criptomonedas“.

SkyBridge esperará obtener una participación del mercado de Bitcoin Trust de Grayscale, que actualmente tiene $ 17.5 mil millones en activos bajo administración.

One of the greatest personalities of the Brazilian cryptomorphic community: „Is it not allowed to sell Bitcoin?

According to Avelino Morganti, a Brazilian cypherpunk, the Bitcoin community reacted badly to his exit from the market. He reported that he even lost friends because he „sold“ the digital currency.

In recent months, the cryptomaniac and gold enthusiast had announced his departure from the Bitcoin market. In explanation, Avelino pointed out that the market was full of challenges, including those related to regulation.

After his „exit“ from the cryptomotic sector, a market he had been in since 2014, some people turned against him. In comments on his YouTube video, many criticized his public speaking on the subject.

Livecoins talked to Avelino to understand the case and learn his predictions about the global economy.
„I lost friends because I sold Bitcoin,“ reported a former member of the Brazilian cryptomoeda community

By getting to know Bitcoin, many fall in love with revolutionary payment technology. Others end up taking the currency as a religion, persecuting those who think differently.

That was Avelino Morganti’s feeling when he left the Bitcoin market in the middle of 2020. In relation to the Brazilian Real, the price of Bitcoin has already appreciated more than 250%. For fans of the digital currency, the movement may be even greater in the coming years.

For some involved with the market, the inherent risks of working and undertaking with Bitcoin no longer pay off. One of them, Avelino Morganti, came to be a Bitcoin (P2P) seller in the market, but faced many problems.

In a conversation with Livecoins he declared that the market today offers many risks and he would not know how to list them all. However, he said that some of the main risks in his vision are regulatory, fiscal and civil.

He stated that he sold all his Bitcoins, no longer being a holder of the currency. In the last month, Avelino even recorded a live explaining the reasons that led him to abandon Bitcoin and bet on other hedge items.

In the last week, however, Avelino revealed on his Twitter, saying that he never thought he would be so hated for selling a cryptomeda. He also declared that he even lost friends for selling Bitcoin, a situation that was until then unexpected. He ended the vent by lamenting that a cryptomeda would be worth more than a friendship.

„They didn’t understand the reasons I sold it“.

For Avelino, the community did not understand his departure from the market, which was for personal reasons. With the risks he mentioned earlier, he now believes he has really migrated to an anti-fragile market.

Anyway, Avelino doesn’t shows regret of the sale and bets on items to survive. For him, the world is going through a huge debt, so something is wrong in the global economy.

„I believe that a bubble of 600 trillion in derivatives, 222 trillion in public debt in the USA alone, 89 trillion in corporate debt, negative interest, etc, does not end well“, declared Avelino to Livecoins“.

Moreover, he understands that Bitcoin and gold are highly liquid assets. The proof of this would be the month of March, when the markets collapsed and the assets were easily traded. But he decided to make his hedge against the financial crisis in other items.

„Bitcoin has a lot of liquidity. We saw what happened to it in March, with the gold. The 1929 crisis took decades for the markets to recover, and people went hungry. I decided to hedge my water, energy, food and weapons to prepare myself for this more apocalyptic scenario,“ declared Morganti.

What are Avelino’s recommendations for those who saw his video about leaving the Bitcoin market?

Asked what recommendations for the people who follow him, Avelino warns about the risks. According to him, people should re-evaluate the risks to which they are exposed in the market.

„Review the risks. All the risks. Not only about exposure in cryptomorphs, but throughout life (profession, day-to-day, finances). We are in a scenario of euphoria and many people lose their sanity. The risk in the world, in general, has never been higher“, declared the former investor of Bitcoin

Avelino today works with a project linked to the gold market. For him, in the long run, his project should be more interesting and profitable than cryptomoedas.

„I’m opening a jewelry store/mint of coins, blades and bars. The jewelry shop has a good profit margin and benefits from periods of market growth. The minting of coins, blades and bars benefits from periods of crisis. But the raw material is the same and so is the infrastructure. I’ll make more money in the long run like this (even because in a bear market of cryptomoedas, which I believe happens every 4 years following the halving cycle is a less favorable period to make money),“ says Avelino

The state is experiencing problems with its energy infrastructure, but is already targeting important innovations.

The state of Amapá has been going through an energy crisis for the last five days, with the population concerned. Even so, Amapá has announced investment in technologies such as blockchain to transform the state.

However, to invest in new technologies, Amapa must face up to the calamity. Without energy, the population would even be without water, petrol and the internet in the state, which means that the situation is serious.

The federal government has sent support to the state, even from the Brazilian Navy, according to President Jair Bolsonaro. The expectation is that by Saturday night (7), energy will have been restored in Amapá.

With the infrastructure in place, Amapá may return to its innovation agenda.

Amapá is spreading investment in several technologies, such as blockchain, to modernize the state

Last Thursday (5), the Amapá State Government published a series of measures in the Official Gazette. The Amapá Digital Government Strategy (EGD) was established by Decree 3830 of 3 November 2020.

This strategy should seek innovations for the state of Amapá by the year 2022. The main intention of the programme is to digitize public services offered to citizens. In addition, Amapá hopes to integrate the systems in use by the state, offering more agility in service delivery.

The new strategy will then focus on developing 18 innovation objectives. He pointed out that even the technology of cryptomaps, the blockchain, has gained space in the investment that will be made by Amapá.

„Initiative 8.4. Implement resources to create an interoperable state government blockchain network, using reliable identification and secure algorithms,“ released the Amapá State Gazette

Blockchain technology should be part of tests to be carried out by the EGD Innovation Laboratory. The government of Amapá has not informed in the Official Gazette what will be spent on the new investments.

In fact, the federal government had already instituted a strategy to digitalize services. With the OVID-19 pandemic, more states and municipalities are joining the program, which has highlighted the blockchain in the innovation process.

Amapá’s population expects energy to return to power after a five-day blackout

Of course, no technological innovation should work without the basic infrastructure working in Amapá. Electric power is indeed a basic and essential item today.

According to President Jair Bolsonaro, the state of Amapá had three power generators. One of them was in maintenance since late 2019, i.e. stopped. Another generator caught fire in the last few days, and the third one was out of operation due to lack of maintenance.

The energy crisis in Amapá received support from the federal government and should be re-established soon, according to Bolsonaro. He said on a social networking live that the Navy took one of its generators to help reestablish power in the state.

With energy back on track, Amapá should return to its innovation agenda. It is important to emphasize that the infrastructure must work for the innovations to have an effect, especially electric power.

De solides bases pour fournir du carburant pour le décollage de Bitcoin : Analyse du marché eToro

Au cours d’une semaine où les marchés des actions ont stagné, Bitcoin a renversé la tendance en franchissant le niveau de résistance de 12 000 dollars, tout en touchant et en voyant une certaine résistance à 13 000 dollars. Les Altcoins en Crypto Trader ont été soutenus par la hausse de Bitcoin, avec Ethereum, XRP, Litecoin et Chainlink qui ont tous affiché des trajectoires à la hausse également.
Simon Peters, analyste, eToro

Bitcoin franchit la barrière des 12 000 dollars

L’action sur le prix des bitcoins a dominé l’attention la semaine dernière, atteignant rapidement des sommets depuis le début de l’année. Il a approché puis franchi la barre très convoitée des 12 000 dollars avec un tel élan qu’il y a toutes les chances pour que le cryptoasset atteigne 14 000 dollars.

Si nous devions constater un recul vers les 12 000 dollars, j’invite les investisseurs à ne pas trop s’inquiéter. Nous pourrions nous retrouver dans une période de consolidation juste au-dessus de ce niveau. J’ai souligné à de nombreuses reprises dans ces pages qu’il est encore temps en 2020 pour un „bull run“ de Bitcoin, et mon opinion reste la même.

Alors, qu’est-ce qui a déclenché la hausse de la semaine dernière ? Un certain nombre de développements positifs dans le domaine de la cryptographie, notamment l’annonce par PayPal qu’il allait permettre à ses utilisateurs de payer des biens et des services dans des crypto-actifs. Cela introduirait une base d’utilisateurs massive dans le domaine de la cryptographie, avec PayPal qui compte 346 millions de comptes actifs, qui pourront tous détenir et faire des achats en utilisant Bitcoin, Bitcoin Cash, Ethereum et Litecoin une fois que le service aura été déployé.

Cette évolution positive a été aggravée par une discussion en début de semaine au sein du groupe d’experts sur les paiements transfrontaliers du FMI, au cours de laquelle le président de la Réserve fédérale, Jerome Powell, a réitéré qu’une monnaie numérique de la banque centrale américaine (CBDC) continue d’être envisagée, tout en ouvrant la porte à l’implication d’entreprises privées dans cette entreprise.

Ces développements sont en outre étayés par des données statistiques positives. L’indice du sentiment des investisseurs de Glassnode est en hausse, l’intérêt ouvert pour les contrats à terme Bitcoin augmente et les positions courtes se dénouent. La combinaison de fondamentaux solides et de nouvelles positives concernant le cryptoasset fournit le carburant nécessaire au décollage de Bitcoin.
David Derhy, analyste, eToro

Envisager 20 000 $ au lieu de revenir à 12 000

Comme l’a souligné Simon, la course actuelle pourrait simplement atteindre 14 000 dollars. Si c’est le cas, le niveau suivant, d’un point de vue technique et fondamental, serait de 20 000 dollars. Avec l’élection américaine qui aura lieu le mois prochain, le gouvernement va continuer à stimuler l’économie même si la taille de ce stimulus est encore à discuter. Je suis d’avis que nous ne verrons pas de retour en dessous de 12 000 dollars avant un certain temps.

Avec la réduction de la volatilité que nous constatons, les investisseurs institutionnels sont de plus en plus intéressés par l’achat de Bitcoin. Si l’on ajoute à cela la multitude de sociétés cotées en bourse qui cherchent également à ajouter Bitcoin à leur bilan, le tremplin des prix de Bitcoin continue d’être très positif.

Les craintes d’une relance pourraient alimenter le feu pour Bitcoin

Le „si“ de la relance économique aux États-Unis étant écarté, ce qui compte maintenant, c’est le „combien“ et le „où“. Combien d’argent le gouvernement américain va-t-il injecter dans l’économie ? Quels domaines vont-ils cibler et cela renforce-t-il les arguments en faveur de l’utilisation de Bitcoin ? Comme David l’a mentionné, la taille dépend de qui gagne les élections, mais tout résultat conduira presque certainement à une stimulation. Si la Fed finance cela en ajoutant des bons du Trésor américain à ses bilans, cela renforcera certainement l’argument en faveur du bitcoin comme monnaie alternative. Les deux parties ont également convenu d’un autre chèque de relance de 1 200 dollars pour chaque citoyen, mais le reste servira très probablement à préserver les emplois.