Kraken has announced that it will enable staking on ETH 2.0 for its users.

Although validators need 32 ETH to run a node, Kraken users will be able to wager any amount of ETH on the exchange.

This creates the possibility for BinBot holders to start earning passive income.

Kraken, the online cryptocurrency exchange, has announced that it allows its users to staker ETH through ETH 2.0’s Beacon Chain directly on the platform.

When it comes to the major cryptocurrency exchanges, Kraken appears to be one of the first to announce the opportunity for its users.

At the time of this article’s publication, Kraken had recently activated the staking capability, marking a major milestone in the continued growth of ETH 2.0 .

A victory for the “small” holder of ETH

Kraken will allow ETH users of all sizes to delegate their ETH for staking. With the launch of ETH 2.0 and the adoption of a Proof-of-Stake type transaction verification methodology, only users with a minimum of 32 ETH would be able to run a node, allowing them to validate the network.

Currently 32 ETH costs around $ 20,000 , a significant sum for the average crypto enthusiast. Kraken will allow users with any amount of Ethereum to stack them through the platform.

This will allow users to earn passive income on their farms. Users will receive rewards ranging from 5% to 17% Average Percentage Return (APY) per year and will receive rewards in ETH on a weekly basis.

Other benefits

Another feature that Kraken will be adding next week (but not for US or Canadian users) is the ability to trade staked ETH against non-staked ETH.

Once ETH is staked on the ETH 2.0 network, that ETH cannot be viewed or traded until the next phase of the project. However, Kraken will soon allow a special trading pair to bypass this limitation:

As a courtesy to clients wishing to exchange their staked ETH for non-staked ETH, Kraken will provide a special trading pair for this purpose until the option to remove the stake from ETH is available on the Ethereum network.

This will likely give users more freedom over their collateral compared to regular ETH 2.0 stakers who will not be able to take advantage of it if they independently manage an ETH node.

Petr Kozyakov of Mercuryo.io shares his thoughts on the recent surge in institutional interest in Bitcoin.

The bear market of 2018 has disrupted the market, forcing many projects out of the industry.

The growing institutional activity in crypto is not exclusively accompanied by alternative investments.

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

Petr Kozyakov, co-founder and CBDO of the international cryptographic payment solution Mercuryo.io, shares his thoughts on the recent surge in institutional interest in Bitcoin and its possible impacts on the digital asset market.

It’s official: 2020 is the year of institutional investments in crypto, including Bitcoin. And for good reason.

Digital asset funds have seen record inflows into their products, while large companies hold a significant share of the outstanding supply of Bitcoin (BTC).

But what is behind this phenomenon and how will it affect the maturing crypto market?

Secure assets do not meet investors’ expectations

Even in the pre-pandemic period, low-risk instruments in the general market generated disappointing returns for investors.

Examples include savings accounts and high quality government bonds, the latter currently producing a modest return of 0.86% for 10-year US Treasury bonds and 0.32% for 10-year UK Gilts.

In the worst case scenario, high quality bonds such as German Bunds provide negative returns to investors, even with maturities of 10 or 20 years.

Even if a safe investment offers investors returns, the gains are so small that they will be eaten up by inflation.

Institutional investors will replace gold with bitcoins

While individuals can “afford the luxury” of generating very low or negative returns, institutional investors must meet the return expectations of their stakeholders.

This is why, when the general market is disrupted and safe assets perform poorly, institutional investors must seek alternative investments to increase their returns.

Gold, a safe-haven asset that is generally thought to generate good performance in times of uncertainty, is one such instrument that institutional investors have been turning to since March. However, gold’s bullish run ended in August and the asset has been in decline since then.

On the other hand, Bitcoin has been steadily increasing since the stock market crash in March. Currently trading above $19,500, digital assets are very close to their record level of $20,000, which they only briefly touched before the devastating crypto winter of 2018.

On top of that, the total supply is capped at 21 million BTCs, while introducing a built-in mechanism called “halving” or “halving”, which halves the number of corners coming into circulation every four years. The goal is to combat inflation and ensure a long-term increase in the value of digital assets.

As a result, with year-to-date growth of more than 160% and a level of volatility that is almost always low, Bitcoin has become an attractive safe haven asset for institutional investors.

At the same time, recent reports from leading investment banks, such as Deutsche Bank and JPMorgan, confirm the same phenomenon, indicating a shift from gold to Bitcoin among institutional investors.

Why this Bitcoin bull run is different

People often fear that this year’s bull run for Bitcoin will end with the same disastrous consequences as the previous crypto push in 2017.

In 2017, FOMO, media craziness and speculation were the fundamental drivers of the cryptomoney market’s bullish trends.

At the time, the industry was very lightly regulated and it was sufficient for digital asset projects to raise a record amount of funds with only a concept or semi-finished product.

In addition, the market was mainly driven by retail investors with varying levels of experience and knowledge of cryptomoney (and money markets) who were willing to put money into one of the hottest ICOs.

This time, however, things are very different.

Bitcoin har en helt enkelt fantastisk tid.

Igår gick vi till nästan $ 16 500-nivå, och den digitala tillgången står för närvarande starkt över $ 16 000-nivån. Med detta översteg Bitcoins marknadsvärde 300 miljarder dollar för första gången sedan toppen i december 2017.

Intressant nog har det bara varit 20 sådana dagar i Bitcoins hela historia när vi handlade över denna nivå.

Detta är en intressant nivå eftersom detta är den slutliga leveranszonen före föregående ATH och har en motsvarande fibnivå från botten i mars.

Ungefär så här, “Aldrig tidigare i Bitcoins historia har det funnits fler adresser aktiva som avsändare (7d MA)”, enligt Glassnode.

Dessutom nådde BTC-terminsmarknadens öppna ränta 5,9 miljarder dollar, vilket översteg toppen i augusti.

Men ännu viktigare är att hype på marknaden, i termer av intresse för söktermen “bitcoin” på Google Trends, inte finns. Marknaden saknar spänning; medan kryptofolket kanske återhämtar sig från DeFi-förlusterna har massorna inte fått smaken på det ännu.

I själva verket har det varit mer intresse i slutet av juni 2019 än vad marknaden ser just nu.

När det gäller sökordet “köp bitcoin” är det också platt, men även under tjurkörningen 2017 började det bara tränga upp sex månader före toppen och accelererade bara två månader innan, i oktober.

Även om vi är långt ifrån det eftersom vanligt frenesi om Bitcoin ännu inte har kommit, har vissa säkert börjat. Den stora tyska nyhetssidan “Tagesschau”, som har över 90 miljoner trafik, presenterade Bitcoins uppåtgående trend, och uppgav vidare att den kunde se 20 000 dollar i år och 50 000 dollar nästa år.

“Normal finansiering på BTC-perps och ingen hög premie på futures, besättningen är inte hausse på motstånd”, noterade näringsidkaren Crypto Gainz. “16,2k är en böjningspunkt”, tillade han.

Det är därför som handlare tror att vi kan se en tillbakagång. ”Jag tror att BTC är lite sträckt just nu och kan använda en tillbakadragning i detta allmänna område. Kanske ser vi 16,5 först. Det kommer snart att finnas en tid där i dessa fall BTC bara kommer att rippa högre; Jag tror bara att det är lite tidigt fortfarande för det, men snart, säger näringsidkaren Jonny Moe.

För att inte tala om det faktum att CNBC har hoppat på det också.

Brian Kelly från CNBC: s Fast Money berättade för värden Melissa Lee att de högprofilerade investerarna som går in i Bitcoin signalerar en hausse framtid för den ledande digitala tillgången.

”Det finns mycket utrymme för uppåtriktning. De flesta vinsterna som kommer är året efter halveringen, och vi är sju månader in i det året efter halveringen, och Bitcoin gör vad den borde göra, säger Kelly.

“Så det kan vara ytterligare fem månader här med ganska bra uppåt”, avslutade Lee.

CT tog det som en säljsignal, vilket är vettigt med tanke på att CNBC: s tjuranrop har signalerat marknadstoppar.

Kryptomarknaden har dock väntat på en tillbakadragning under en tid. Trots att det går paraboliskt med en 57% ökning på drygt en månad har Bitcoin ännu inte upplevt en meningsfull korrigering.

Som näringsidkaren Bob Loukas konstaterade, ”Ihållande möten som driver förväntade Cycle Tops ut. Björnar fångade offside i misstro. Standard tjurbeteende, folk ber om en tillbakadragning som aldrig verkar komma. ”

Enligt honom kommer den verkliga överflödet att inträffa när vi stiger förbi hela tiden på $ 20 000 och lägger till “men inte innan (troligtvis) ytterligare en korrigering.”

 

A former Microsoft employee was sentenced to 9 years in prison. According to the US attorney’s office, this is the “first Bitcoin case that includes a tax aspect”.

A former Microsoft developer has been sentenced to nine years in prison for stealing over $ 10 million in “Currency Valuations” (CSV) digital assets, including gift cards, from his former employer

Volodimir Kvaschuk, a 26-year-old Ukrainian national residing in Washington, used his employees’ accounts and identities to steal and then sell the CSV. He made it appear that the other employees were responsible for the fraud.

Kwaschuk also used a Bitcoin Up app mixer to cover his tracks. He notified the US tax authorities, the IRS, that the $ 2.8 million worth of crypto gifts that went through his accounts were sent by a relative. The U.S. Department of Justice said:

“In the seven months that KWASCHUK was pursuing its illegal activities, around 2.8 million US dollars in Bitcoin were transferred to its bank and investment accounts. KWASCHUK then filed fake tax returns, claiming that the Bitcoin was a gift from a relative been.”

Kwaschuk worked at Microsoft from August 2016 until he was fired in June 2018

According to IRS special envoy Ryan Korner, the ruling is “the first Bitcoin case in the country to include a tax aspect”. Korner said this conviction demonstrates the increasing sophistication of the agency’s law enforcement division in identifying unreported transactions in cryptocurrencies:

“Simply put, today’s conviction proves that you cannot steal money over the Internet. You needn’t think that Bitcoin will hide your criminal behavior.”

Brian Moran of the US Attorney’s Office commented: “Stealing from your employer is bad enough, but stealing and blaming your coworkers is even greater damage that cannot be quantified in dollars and cents.”

Kvashuk was found guilty on 18 counts, including six money laundering cases and two false tax declarations. The Ukrainian used the stolen money to buy a lake house worth $ 1.6 million and a Tesla worth $ 160,000.

Tax evasion charges have been very effective against numerous criminals throughout US history. Prohibition- era gang boss Al Capone served seven years in prison from 1931 after being found guilty of tax evasion.

For many Bitcoin enthusiasts, the flagship of the crypto currency has arrived on Wall Street with aplomb.

Buying a Bitcoin now costs around $14,500 – about twice as much as at the beginning of the year. This is also the highest level since January 2018, when the crypto currency was revised downwards from its record high of almost $20,000 the previous month.

Bitcoin is approaching a value of almost $14,500 in its most recent rally on Thursday morning. Source: BTCUSD on TradingView.com
Many analysts agree that Bitcoin’s renewed price rally has to do with the growing demand from investors for safe investments. Some, including Bloomberg, even believe that the crypto-currency will rise again to $20,000 by the end of this year – due to exploding federal deficits caused by trillions of dollars in government spending and inflation fears.

Bitcoin cheerleaders have long projected the coin as the ultimate hedging tool against fiat money, as it has a definitive supply cap of 21 million tokens. As individual mainstream companies have decided to replace part of their cash reserves with Bitcoin, the thesis has gained enormous traction through social media.

Unfortunately, the same enthusiasm is not evident in Google Trends.

Lack of interest in searches
The latest data from the world’s largest online search engine shows a lack of Bitcoin interest among everyday Internet users. On a scale of zero to 100 over a five-year period, Bitcoin scores 9 points. If the period is changed to 12 months, the value rises to 63.

In contrast, the trend value of Bitcoin was 100 in December 2017, when the crypto-currency was approaching $20,000. Most of the sentiment mentioned above was related to the fact that BTC was the first booming coin.

Start-ups raised funds in BTC by posing as the next block-chain unicorns and getting ordinary citizens to look for ways to buy Bitcoin.

The search for the keyword “Bitcoin” remains low despite the enormous interest at the macro level. Source: Google Trends
The boom ended with a major collapse, as most of these projects failed or turned out to be fraudulent. As a result, Bitcoin fell 84 per cent from its $20,000 high.

The same happened with its Google trend score, which plummeted from “100” in December 2017 to “5” in November 2018.

In contrast, Bitcoin’s main hedging rival, gold, recorded a steady trend. Its values fluctuated between “82” and “51″” – mostly over a period of five years. Over the last 12 months they have remained stable above ’71’.

Interestingly, in the week from 10 to 16 May 2020, Bitcoin reached a perfect ‘100’ within a 12-month time frame. This step coincided with the third “halving” of the crypto currency – an event that periodically reduces their daily supply by half, further exacerbating their scarcity against the fiat currencies.

At least some good news for Bitcoin
Hans Hauge, head of quantitative strategy at Ikigai Asset Management, considers the absence of “Bitcoin” interest against the rising price to be good news. He comments that the lower values for the keyword “Bitcoin” show that the crypto currency has matured.

“This is not the peak of a bubble-induced mania, it is orderly and calm,” Hauge said when comparing the 2017 trend with the current one. And:

“The next peak in Google Trends will make the last one look like nothing.”

L’analyste populaire de Bitcoin Carl Martin a partagé un graphique BTC qui suit un schéma inversé de la tête et des épaules. Selon cette configuration, la meilleure crypto-monnaie pourrait bientôt atteindre son précédent record de 20000 $.

Après un rallye assez volatile à 13000 $, l’action des prix du bitcoin s’est un peu tempérée. Mais les arguments en faveur de gains futurs restent solides, selon une configuration technique que le célèbre analyste de BTC basé sur Youtube et Bitcoin Bank, Carl Martin, a partagée aujourd’hui. Cela fera sûrement monter en flèche les niveaux de houblon des taureaux. Selon lui, la meilleure crypto-monnaie atteindra bientôt le précédent record de 20000 $. Mais il y a un hic.

La route de Bitcoin à 20000 $ en 2020 a une tête et des épaules inversées

Selon une configuration inversée de la tête et des épaules (IH&S) partagée par Carl, qui, soit dit en passant, s’appelle “ TheMoon ”, le prix du bitcoin a déjà effacé les deux premières étapes du modèle IH&S. Sur cette base, Carl a fait remarquer que l’objectif de prix de 20 000 $ est plus proche qu’il n’y paraît.

De manière générale, les acteurs du marché considèrent IH&S comme l’un des indicateurs haussiers à l’exception de la croix d’or et de certaines formations en coin. Les courses de prix explosifs suivent la réussite d’un modèle IH&S. Parfois, les cibles à l’envers ressemblent à la hauteur du creux du milieu.

Comment cette configuration se déroule-t-elle?

Selon l’analyste, le graphique des prix du bitcoin a imprimé le premier creux IH&S vers le début de cette année, lorsque BTC s’est rallié en réponse aux conditions géopolitiques en cours. La formation suivante était après le crash du jeudi noir en mars. C’est à ce moment que le prix du bitcoin est tombé à 3858 $. Et puis, après un bref accès de trading latéral, a commencé à se rassembler vers le début avril fin mai.

La BTC a formé le troisième creux d’IH&S après avoir repris après le crash de septembre (après une phase commerciale stable, bien sûr). Il s’agit du rallye actuel au cours duquel le bitcoin a dépassé le sommet de cette année et atteint 13200 $. Carl a déclaré que le prochain arrêt était de 19700 $, mais pour cela, BTC doit publier une clôture hebdomadaire au-dessus du “ décolleté ” délimité. Mais cela arrivera-t-il?

Coinbase lanza soporte para Wrapped Bitcoin (WBTC).

Esto sigue al reciente lanzamiento de otros tokens DeFi como Uniswap (UNI).

Las actividades y esperanzas en el mercado de las finanzas descentralizadas ( DeFi ) parecen ser lentas. No obstante, los intercambios de criptomonedas todavía están agregando tokens DeFi para los clientes, en apoyo del mercado. Hoy, Coinbase Pro, la plataforma de negociación profesional de Bitcoin Trader, ha lanzado soporte para el token de Bitcoin envuelto de DeFi denominado WBTC .

El comercio de WBTC comienza pronto en Coinbase Pro

Tras el anuncio , Coinbase Pro debutó con el soporte para el token WBTC, a partir del 15 de octubre. Por lo tanto, los comerciantes en la plataforma pueden comenzar a depositar sus tokens de Bitcoins envueltos, aunque el comercio está programado para comenzar en una fecha posterior. A medida que se abre la transferencia entrante del token, el comercio está programado para comenzar el martes, es decir, si se lograron las condiciones de liquidez.

Con un suministro suficiente de token de Bitcoin, Coinbase Pro lanzará los pares de comercio fiduciario y criptográfico del token, WBTC-USD y WBTC-BTC, en sus libros de pedidos. Según se informa, esto se lanzará en aproximadamente cuatro fases que incluyen, solo transferencia, solo publicación, solo límite y comercio completo. Los comerciantes de criptomonedas de las regiones compatibles con Coinbase Pro pueden participar en el comercio, excepto los clientes de Nueva York.

Fichas DeFi de Coinbase

El lanzamiento de Wrapped Bitcoin en Coinbase Pro se produce cuando la demanda del token sigue creciendo. El protocolo actualmente está clasificado como el tercer protocolo más grande en DeFi Pulse, con casi $ 1.2 mil millones en activos bloqueados. WBTC es básicamente la versión Ethereum de Bitcoin. Es un token ERC-20 vinculado aproximadamente a Bitcoin en una proporción de 1: 1. Dada la diferencia en las Blockchains, el token se creó para permitir a los usuarios de Bitcoin interactuar igualmente con Ethereum y DeFi para ser precisos.

Mientras tanto, el token de Bitcoin envuelto no es el primer token de finanzas descentralizado respaldado por el intercambio. Recientemente, Coinbase implementó soporte para tokens como Maker (MKR), Yearn.Finance (YFI), Compound (COMP), Uniswap (UNI), Balancer (BAL) y muchos más.

Bitcoin förblir flytande och närmar sig nu 11 000 $ för tredje gången trots upprepade vågor av osäkerhet som kraschar över kryptomarknaden.

Förra torsdagen lämnade amerikanska tillsynsmyndigheter in anklagelser mot grundarna av kryptobörsen BitMEX, som anklagas för att inte förhindra penningtvätt. För att lägga till osäkerheten släppte Ethereum-grundaren Vitalik Buterin ytterligare en bomb och hävdade i en utvecklartråd att blockchain för närvarande är “nästan oanvändbar” för många typer av appar, och dessa skalningslösningar kommer inte att vara redo på flera år.

Dessa händelser konspirerade mot marknaden; skickar Bitcoin på en kort omväg till 10 300 dollar innan den studsade på fredag ​​när Trump testade positivt för Covid-19 efter en eldig debatt med presidentkandidaten Joe Biden.
Veckans höjdpunkter

• eToro lanserar Staking för Cardano och TRON
• BNB-vinster från BitMEXs förlust
• Zcash ökar på adopterad avskärmad transaktion

eToro lanserar insättningstjänster

eToro har lanserat en insättningstjänst för Cardano och Tron och blivit en av de första börserna som stöder insättningen av Cardano. Detta gör det möjligt för innehavare av stödjande kryptokurvor att tjäna när de HODL, utan besväret och komplikationerna med att satsa individuellt.

För att bli belönad kan användare helt enkelt köpa och hålla Cardano och Tron på eToro. De kommer sedan automatiskt att få mer av kryptotillgången varje månad, tillsammans med ett e-postmeddelande som beskriver den sammanlagda månatliga avkastningen och den totala belöningen som ges.

Läs mer om att satsa Cardano och Tron.
BNB-vinster från BitMEXs förlust

Näringsidkare har flytt från BitMEX-börsen eftersom grundarna står inför anklagelser om misshandel från amerikanska myndigheter.

Men medan BitMEX granskas, känner Binance Coin fördelen. Den ursprungliga token för Binance Chain har ökat mer än 8% under den senaste veckan och närmar sig nu snabbt $ 30. Denna rally sätter myntet tillbaka i de fem bästa kryptovalutorna mätt efter marknadsvärde.
Zcash Surges on Adoption of Shielded Transaction

Sekretessmynt Zcash har gjort tvåsiffriga vinster den här veckan, eftersom dess signaturskyddade transaktioner ger ökad adoption.

Avskärmade transaktioner ger avsändare och mottagare selektiv integritet, men funktionen stöds inte av majoriteten av utbytena på grund av oro över regelefterlevnad.

Sedan Gemini-börsen möjliggjorde avskärmade transaktioner förra veckan har Zcash sett en kraftig ökning av transaktioner som skyddas av avskärmningstekniken. I september sågs ett nytt rekord på 18 716 helt skyddade transaktioner, vilket motsvarar 11% av alla Zcash-transaktioner.
Veckan framåt

När DeFi-mani bleknar och det amerikanska valet kommer i fokus kan vi se Bitcoin ta centrum under de närmaste veckorna.

Den största faktorn som påverkar både kryptovaluta och globala marknader är sannolikt president Donald Trumps sjukdom, som nu hotar att påverka presidentvalet. Experter ger presidenten 95% chans att överleva, men osäkerheten kring hans sjukdom kan fortfarande skapa volatilitet.

Ändå, med ett nytt rekord på 70 dagar över $ 10K, är Bitcoins motståndskraft inför oron gott för sin förmåga att klara av den kommande stormen.

The creation of formal jobs at the best level for the months of August since 2010 is a sign that the Brazilian economy is “back on track” after the worst phase of the covid-19 pandemic, Economy Minister Paulo Guedes said today (30).

He took a surprise view of the press conference to explain the results of the August Caged (Cadastro Geral de Empregados e Desempregados), which registered the opening of 249,388 posts with a signed portfolio.

For the minister, the fact that all sectors of the economy generated jobs last month shows that the economic recovery is spreading. “We are announcing the biggest job creation [for August] since August 2010,” he said.

Guedes reaffirmed forecasts presented in recent months by the government that Brazil would do better than other post-Pandemic countries. “We had said that we expected recovery in ‘V’. That is what is happening,” he added. “We said that we were going to surprise the world.

The minister commented on the outcome of the industry that has been driving job creation in the last two months. “We are going to re-industrialise Brazil,” he said. “We are getting back on track.

Reduced day

In Guedes’ assessment, the programme of reducing working hours and wages and suspending employment contracts was instrumental in preserving employment in the country during the pandemic.

According to him, the programme was extended until the end of October because of the good results.

In exchange for the reduction in wages or the suspension of employment contracts, the employee receives the Emergency Benefit (BEm), equivalent to a portion of the unemployment insurance to which he would be entitled if fired. At the end of the agreement, the company is prohibited from dismissing the employee for the same period as he received the benefit.

During the press conference, Bruno Bianco, special secretary for social security and labour at the Ministry of Economic Affairs, confirmed that the government could extend Crypto Revolt for a further two months, until the end of the year. “If there is a demand, there is no reason not to make the extension. It is a well-designed programme, which avoids dismissal, brings income to the worker, guarantees employment,” he said.

Initially, the suspension of contracts programme would last two months, and the suspension of working hours would be worth up to three months. In July, President Jair Bolsonaro published a decree extending the validity of the agreements to 120 days, the maximum period currently in force. At the end of August, the programme was extended again, to 180 days.