Author: Redaktion cvj.ch

Märkte All Marktkommentar Chartanalyse September 20, 2021Wöchentliche Bitcoin USD Chart Analyse Kalenderwoche 37 – 2021 Bitcoin USD tägliche Basis Bitcoin USD Chartanalyse – Nachhaltige Überwindung der 50’000er Marke scheitert In der Berichtswoche stellte sich vorerst… September 17, 2021Marktkommentar vom 17.09.2021 September 14, 2021Technische Analyse vom 14.09.2021 September 14, 2021Marktrückblick Kalenderwoche 37 – 2021 Märkte September 14, 2021Marktrückblick Kalenderwoche 37 – 2021 Eine zusammenfassende wöchentliche Rückschau auf die Geschehnisse an den Kryptomärkten mit Fokus auf Trendsektoren, Liquidität,… Märkte September 7, 2021Marktrückblick Kalenderwoche 36 – 2021 Eine zusammenfassende wöchentliche Rückschau auf die Geschehnisse an den Kryptomärkten mit Fokus auf Trendsektoren, Liquidität,… Märkte…

Focus All Background Legal & Compliance Markets Basics 1. February 2023Swiss National Bank (SNB) at the forefront of CBDCs The Swiss National Bank (SNB) continues to experiment with the possibilities of a digital central bank currency (CBDC). 26. January 2023Interactions between the three leading stablecoins: USDT, USDC and BUSD 23. January 2023What are Liquid Staking Derivatives (LSDs)? 19. January 2023Cryptocurrencies in Morocco: regulating instead of banning 16. January 2023Crypto lending platform Nexo under regulatory fire News 2. February 2023Retail giant Pick n Pay accepts bitcoin in South Africa South African retailer Pick n Pay accepts Bitcoin payments over the Lightning…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review. A few weeks ago, El Salvador wrote history. The country promoted Bitcoin as the first nation to a currency equivalent to the US dollar. By adopting the cryptocurrency as an official means of payment, the Central American nation hopes to increase the economic inclusion of its unbanked population (currently around 70%) as well as improve the efficiency of domestic and international payments. The decision by Salvador’s President Nayib Bukele…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review. In its journey of over ten years, Bitcoin has gone through several phases, each with different forms of usage. Although its usage has steadily increased, the cryptocurrency has mainly established itself as a store of value, rather than as a means of payment as it was originally intended. For monetary transactions, the network is simply too slow with its block times and too expensive when usage is high. If…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review. Bitcoin, with its nature of programmed scarcity, is increasingly perceived and used as an inflation hedge as well as for portfolio diversification. However, the unique features of the cryptocurrency are not limited to its unprecedented proprietary monetary policy. A decentralized, censorship-resistant, and permissionless payment network opens new doors, especially in developing countries with a non-existent or inaccessible financial infrastructure. In June, the government of El Salvador declared its intention…

Iran’s economic problems have forced the government to look for alternative solutions. Although the country does not recognize cryptocurrencies as legal tender, it seems to particularly like the possibilities of Bitcoin transactions. The United States has imposed a near-total economic embargo on Iran, which includes a ban on all imports and exports – including those from the country’s oil, banking and shipping sectors. Given its pariah status, Iran wants to turn to blockchain to keep some business sectors open. The government expects Bitcoin and crypto mining to become a major industry in the country. The overall adoption of cryptocurrencies could…

Bitcoin USD daily Basis Bitcoin USD Chart Analysis – Consolidation Below the 50,000 Mark The reporting week was characterized by a consolidation phase, which took place just below the significant resistance zone 50,000 USD. After two days of a “breather” at the newly climbed level of the previous week, Bitcoin tried to conquer the areas of the 50,000 USD mark on Monday. Although a new daily high of 50,505 USD was reached during the course of the day, the price corrected back to 49,294 USD by the end of the day, and thus fell back below the resistance zone. Accordingly,…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review. The largest hedge fund in the world, Bridgewater Associates, recently attested Bitcoin several attractive features. This is especially noteworthy given that founder Rai Dalio once described the cryptocurrency as a “bubble”. Nowadays, a portfolio of traditional assets no longer offers the diversification it used to. In fact, many government bonds no longer provide the returns they once generated. As a general rule, the ultimate goal of a well-diversified portfolio…

Bitcoin USD daily basis Bitcoin USD Chart Analysis – Revisiting the 50,000 USD Mark The reporting week was characterized by the defence of the reclaimed area around 45,000 USD. At the beginning of the week, the incipient correction (which started after the handsome gain on Friday of the previous week and catapulted Bitcoin to 48,000 USD) continued. Tuesday was also marked by losses, which, by the end of the day, brought the price to just below 45,000 USD. In this area, the price had already found support in the previous week and so it came to a classic doji on…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review. One of the dominant macroeconomic questions is whether we should expect rising inflation figures going forward. The first signs of a potential inflation problem are signaled by tightening employment conditions combined with rising global producer prices. If inflation picks up sustainably, it will be difficult for central banks to exit their unprecedentedly loose monetary policy without causing market turmoil. The original conceptual idea of Bitcoin providing inflation protection is…

Bitcoin USD daily Basis Bitcoin USD Chart Analysis – Reconquest of the 200 Day Average In the reporting week, the question was whether the new situation of the 40,000 resistance zone, which was overcome last time, could hold. The omens were good, as Bitcoin was able to overcome the resistance zone for a second time on Saturday of the previous week and mark a new daily high for 79 days at 42,869 USD. After a consolidation on Sunday in the area of 44,000 USD, there was another upward movement on Monday, which already carried the price up to 46,285 USD.…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review. Despite progress in recent years, the topic of digital asset regulation remains a dominant issue in the area. Without clear guidance, established players are unwilling to enter the emerging sector. Abrupt legislative changes can drastically affect the business environment. Even the new U.S. infrastructure program, which envisions comprehensive packages worth $1 trillion, affects the regulatory environment of crypto-currencies. The accompanying industry-specific laws are expected to raise more tax dollars.…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review. The merging of the old and new financial worlds is becoming increasingly visible. Established service providers are integrating digital assets into existing structures. Traditional exchange operators are also represented in the field. The Stuttgart Stock Exchange (BSDEX) already has a fully regulated trading venue for crypto assets. In an interview with CVJ.CH, Managing Director Sebastian Warnke goes into more detail about the strategy of Germany’s second-largest securities exchange. According…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review. Fundamental developments in the field of digital assets are sometimes overlooked by the dominant headlines on their price movements. In fact, the space has made remarkable progress in recent months, with a number of established financial services firms positioning themselves in the emerging sector. JPMorgan, Goldman Sachs, Fidelity Investments and Deutsche Börse are just a few prominent names that illustrate this. All of them have noticed a growing demand…

Bitcoin USD daily basis Bitcoin USD Chart Analysis – Countermovement after Failed Break of the Support Zone The reporting week began with another test of the support zone 30’000 USD, which has already been visited many times since the consolidation. After the market moved in steady steps towards this zone in the previous week, further downward pressure led to a daily close at 30’842 USD on Monday. On Tuesday, the trend continued with another lower daily close at 29’796 USD. However, the closing price as well as Tuesday’s daily low at 29’301 USD, was within manageable range for the break…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review. For an extended period of time, regulatory actions in the United States regarding cryptocurrencies were perceived as hesitant. The wait-and-see attitude of the authorities had also slowed down the adoption of the technology. This circumstance had largely kept traditional financial services providers away from the field. In recent months, a strong turnaround has become evident. With increasing regulatory clarity, an accelerated entry of traditional financial institutions into the area…