The UNION protocol raises $ 3.9 million to reduce the risks inherent in DeFi

UNION, a decentralized finance protocol (DeFi) that develops risk management tools, has just raised $ 3.9 million. Still very young, the DeFi sector and more specifically its protocols, are often subject to security loopholes, which UNION seeks to fill.

UNION, the platform to secure DeFi

The funding round was led by Alameda Research , the company that operates the FTX exchange . Bering Waters Ventures, Spark Digital Capital, AAM, Solidity Ventures, 3 Commas, Cluster Capital, Rarestone Capital, Alpha Chain, Black Edge Capital also participated in this fundraising.

You will certainly not have missed it, the entire decentralized finance sector is not yet completely secure . Quite frequently, it happens that a protocol is attacked by hackers , or more subtly, that the code of its smart contract contains errors .

This is where UNION comes in, the platform offering risk management tools for DeFi applications .

For John Liu , product manager at Bitcoin Profit scam, the finding is clear. DeFi is still in a growth phase, and it would be hypocritical for anyone to claim that they „know all the risks“ of DeFi. He shares with The Block media :

„We see clear blocks of risks, and those that we have prioritized are the finality of the transaction (things end up where they should be), the risk of the smart contract (specific to the project or to the dApp), the risk of Layer 1 (entire protocol failure), permanent loss (specific to liquidity providers), collateralization risk (specific to lenders). „

UNION thus acts as the protector of the users of its protocols, by helping those who build DeFi applications to provide completely secure solutions.

A crucial element for the maturation of the sector

With these funds, UNION is able to deploy its first range of security products. This range includes, among other things, a guarantee of transaction gas , protection of collateralisation ratios and coverage of smart contracts .

In the near future, UNION plans to promote the creation of a common protection that considers multiple layers of DeFi, layer 1 with Ethereum (ETH) and layer 2 with Matic Network for example.

UNION also plans to create secondary markets and implement an inclusive model without KYC to remove barriers to accessing risk management tools.

“We believe that with these products buyers and developers can offload their risk, which is crucial for DeFi to mature,” Liu told The Block.

With the DeFi sector weighing nearly $ 13 billion at the time of this writing , many people are starting to take an interest in it. It is in this context that new protocols are being deployed at a breathtaking pace.

Some of these protocols come with security holes that can cause the loss of their users‘ funds. Safety is therefore unequivocally the most important component of a protocol , well ahead of the returns it can bring, and UNION could establish itself as a benchmark.

Osaka beginnt mit der Annahme von Casino Resort-Vorschlägen

Die westjapanische Präfektur hat begonnen, Vorschläge von Unternehmen anzunehmen, die daran interessiert sind, ein Casino-Resort auf einer künstlichen Insel in der Bucht von Osaka zu betreiben

Die Präfektur Osaka wird im Frühjahr 2020 den bevorzugten Entwickler eines integrierten Resorts mit einem Casino auf der künstlichen Insel Yumeshima in der Nähe der Stadt Osaka auswählen , berichtete die Nachrichtenagentur Nippon unter Berufung auf Informationen der Regierung der japanischen Präfektur.

Stadt- und Präfekturbeamte hoffen, dass das künftige integrierte Resort fertiggestellt und vor der Weltausstellung 2025, die Osaka als Gastgeber ausgewählt hat, in Betrieb genommen wird

Während eine Reihe japanischer Städte und Präfekturen Interesse an einem integrierten Resort bekundet haben, gilt Osaka sowohl bei interessierten Entwicklern als auch bei der zentraljapanischen Regierung als Favorit .

Japan hat das Glücksspiel im Casino Ende 2016 legalisiert und arbeitet daran, die Regeln und Vorschriften festzulegen, nach denen die Slotty Vegas Casinoindustrie seitdem verwaltet wird. Nach dem neu eingeführten Gesetz müssen Casinos Teil größerer integrierter Resorts sein. Die Spieleinrichtungen dürfen nicht mehr als 3% der Gesamtfläche der größeren Grundstücke einnehmen .

Die japanische Regierung wird drei Gaming-Lizenzen an drei bevorzugte Entwickler vergeben. Von den zugelassenen Unternehmen wird erwartet, dass sie MICE-Immobilien bauen , zu denen neben Casinos auch einige der größten Hotels, Konferenz- und Ausstellungseinrichtungen des Landes, Attraktionen ohne Glücksspiel und zahlreiche andere Annehmlichkeiten gehören.

Start des Request-for-Concept-Prozesses

Die Regierung von Osaka nahm heute Vorschläge von Unternehmen an, die daran interessiert sind, ein integriertes Resort auf der künstlichen Insel Yumeshima zu errichten . Auf der künstlichen Insel wird 2025 auch die Weltausstellung stattfinden.

GGRAsia , eine Nachrichtenagentur für Glücksspiele, berichtete am Mittwoch, dass von Entwicklern erwartet wird, dass sie den Beamten von Osaka im Rahmen des so genannten Antragsverfahrens eine grundlegende Vorstellung davon geben, was ihre potenziellen integrierten Resorts beinhalten würden .

Interessierte Unternehmen müssen Informationen über wichtige Merkmale der Immobilien einreichen, einschließlich Tagungs- und Ausstellungsflächen, Attraktionen und wie diese die japanische Kultur bei internationalen Besuchern und großen Hotels fördern würden.

Die Entwickler müssen auch Informationen über ihre Strategien zur Bekämpfung von Glücksspielproblemen und zur Gewährleistung der Sicherheit der Host-Community einreichen . Die interessierten Bieter für ein integriertes Resort in Osaka müssen ihre Konzeptvorschläge bis zum 24. Mai einreichen , wurde auch bekannt.

Wie oben erwähnt, wird Osaka voraussichtlich im nächsten Frühjahr seine Entscheidung über den bevorzugten Entwickler eines integrierten Resorts bekannt geben. Es wird jedoch die Zentralregierung sein , die entscheidet, ob die Stadt einen großen Hotel- und Kasinokomplex beherbergen soll.

Mehrere große Spiele- und Hotelunternehmen haben bereits ihre Präferenzen für Osaka als Heimat ihrer integrierten Resorts bekannt gegeben, wenn ihnen eine Lizenz erteilt wird. MGM Resorts International hat kürzlich bekannt gegeben, dass es sich auf das Thema konzentriertall seine Energieauf sein Osaka-Gebot . Das Unternehmen aus Las Vegas hat vor kurzem bekannt gegeben, dass es ein Konsortium mit dem japanischen Finanzdienstleistungsunternehmen ORIX gebildet hat, um gemeinsam eine Lizenz für die Stadt zu beantragen.

Melco Resorts & UnterhaltungEs wird zu erwartet, dass das von Lawrence Ho verwaltete Hotel- und Casino-Kraftpaket zu denjenigen gehört, die eine Osaka-Lizenz anstreben.

Bitcoin envuelto en confianza llega a Polkadot a principios de 2021

Polkadot traerá a Bitcoin envuelto sin confianza a principios de 2021, ha declarado la compañía. Esto expande la transferencia de valor entre cadenas de bloques y su interoperabilidad.

Polkadot es uno de los mayores proyectos de criptografía, que actualmente ocupa el octavo lugar en términos de capitalización total del mercado.

Ahora, el equipo ha revelado que el Bitcoin envuelto sin confianza llegará a su ecosistema a principios de 2021 a través de Interlay – un marco designado para permitir que las cadenas de bloques con y sin permiso se conecten e interactúen.

El esfuerzo de Polkadot por el BTC-Relay

Conocido como Interlay, el marco que se ha estado desarrollando desde 2018 tiene como objetivo permitir que varias cadenas de bloqueo permitidas y no permitidas interactúen y se conecten sin problemas.

De acuerdo con una nueva versión, se propone introducir el primer Bitcoin envuelto sin confianza de Polkadot a principios de 2021. Llamado PolkaBTC, tiene como objetivo marcar un paso crítico hacia un ecosistema completamente interoperable.

Anteriormente, Interlay había publicado una especificación técnica y una implementación de PoC en funcionamiento. Después de un exitoso proyecto piloto, el equipo está ahora acelerando los esfuerzos para completar el BTC Parachain en el primer trimestre del próximo año. También está financiado por una subvención de seguimiento proporcionada por la Fundación Web3.

Una vez que se implemente, los usuarios podrán acuñar activos respaldados por Bitcoin en Polkadot, conocido como PolkaBTC.

Algunas cosas destacan cuando se trata de la naturaleza de PolkaBTC. Desde el principio, no se puede confiar en él, y al igual que la solución BTC de Ren, el puente no tiene una autoridad central, ya que está dirigido por una red descentralizada de individuos, empresas y miembros de la comunidad.

En otro orden de cosas, es completamente abierto, ya que cualquiera puede participar en la operación del puente.

El aumento de la cantidad de BTC en el Etéreo

Como CryptoPotato informó a principios de septiembre, la cantidad de Bitcoin transferida a la red de Ethereum está aumentando sustancialmente.

En el momento de escribir este artículo, los datos de DeFi Pulse muestran que actualmente hay más de 105.000 bitcoins con un valor de más de 1.200 millones de dólares circulando en la cadena de bloques de Ethereum.

Esto se debe en gran parte al auge del DeFi, ya que el valor total encerrado en varios protocolos supera los 11.200 millones de dólares.

En cualquier caso, con Polkadot uniéndose a la escena, es probable que esto aumente en el futuro.

Será que o Bitcoin cairá nas Notícias Positivas do Teste Covid-19 do Trump?

Há algumas horas, o presidente dos EUA Donald Trump testou positivo para a Covid-19 enviando as bolsas de valores para uma espiral descendente. Os mercados de bitcoin e criptográficos refletiram o movimento e são um mar de vermelho no momento.

Após um resultado positivo no teste Covid-19 de um dos ajudantes mais próximos de Donald Trump, o próprio POTUS fez o teste que produziu o mesmo resultado para ele e para a Primeira Dama. Ele tweeted a notícia há algumas horas.

Os mercados de ações globais já reagiram em um forte deslize, e os mercados de criptografia parecem estar seguindo-os para baixo no momento em que escrevemos.

Lixeiras de Bitcoin para baixo semanalmente

A bitcoin caiu 2,5%, enquanto as notícias caíam de $10.660 para $10.390 de acordo com o Tradingview.com. Entretanto, houve uma queda maior quando a notícia BitMEX foi divulgada algumas horas antes disso.

Houve uma pequena recuperação para o nível de $10.470 no momento em que foi escrito, o que colocou o ativo de volta ao suporte semanal.

Olhando para a visão a longo prazo, a Bitcoin ainda está dentro de seu canal de alcance e esta reação dos ursos de venda de notícias tem sido apenas um blip.

Crypto trader, ‚Farmer Bluntz‘ salientou que a Bitcoin não estava mais correlacionada com o ouro, mas mais com as ações. Os preços do ouro subiram mais de 1% após as notícias, levando o precioso metal amarelo de volta a mais de US$1.900/oz.

Naturalmente, os detratores criptográficos e os detratores de Bitcoin como o permabear Nouriel Roubini ficaram encantados com o fato de que os mercados estavam mergulhando.

Haverá sempre os menosprezados, mas o fato é que o Bitcoin ainda está em uma tendência de alta de seis meses, e ganhou 45% desde o início deste ano. Se o deslize continuar, a Bitcoin poderá encontrar apoio a US$ 10.200, mas abaixo disso o próximo nível está na faixa dos baixos US$ 9k.

Em outros lugares sobre os mercados Crypto

Naturalmente, o resto dos lemmings digitais seguiram o breve mergulho de Bitcoin e a capitalização total do mercado encolheu 8% desde que as notícias foram divulgadas há algumas horas.

O Ethereum perdeu cerca de 5% em uma queda de volta para 345 dólares, mas também ainda está dentro de seu canal lateral que se formou nas últimas semanas.

As fichas DeFi estão tendo os maiores sucessos de 24 horas no momento com YFI, SNX, UMA, BAND, KNC, SOL, SUSHI e COMP, todos caindo dois dígitos.

Pode haver mais dor antes do ganho, mas como já vimos inúmeras vezes, este é apenas mais um dia normal para os mercados de criptografia, independentemente de quem por acaso tenha pegado o Coronavírus.

Signifikante Korrektur in den Arbeiten für Oracle Projects

Signifikante Korrektur in den Arbeiten für Oracle Projects Chainlink and Band

Die dezentralen Orakelmarken LINK und BAND sind in der vergangenen Woche um mehr als 25% gestiegen, aber ihr Aufwärtstrend könnte bald die Erschöpfung erreichen.

  • Das Kettenglied ist seit dem 8. Oktober um 27% gestiegen, nachdem es aus einem absteigenden parallelen Kanal ausgebrochen ist.
  • Unterdessen ist das Band-Protokoll im gleichen Zeitraum um mehr als 50% in die Höhe geschossen.
  • Trotz des beträchtlichen Aufwärtsdrucks prognostiziert der sequentielle TD-Index, dass diese beiden Kryptowährungen eine steile Korrektur erfahren werden.

Mehr als 40 Milliarden Dollar sind in der vergangenen Woche in den Krypto-Währungsmarkt geflossen, wodurch Chainlink and Band Protocol massive Gewinne bei Bitcoin Revolution verzeichnen konnte. Nun scheint es, als hätten diese Orakelmarken die Erschöpfung erreicht, was auf Verluste am Horizont hindeutet.

Eingehende Kettenglied-Korrektur

Chainlink trat in eine signifikante Korrekturphase ein, nachdem es Mitte August ein Allzeithoch von $20,3 erreicht hatte.

Da die Preise während des 64%-Retracements eine Reihe von Tiefst- und Tiefstständen verzeichneten, bildete sich innerhalb der 12-Stunden-Chart ein absteigender Parallelkanal. Dieses technische Muster war in der Lage, die Preisaktion von LINK für fast zwei aufeinander folgende Monate einzudämmen.

Nichtsdestotrotz war eine Spitze des Kaufdrucks hinter den dezentralisierten Orakelmarken am 8. Oktober signifikant genug, um sie aus dem Kanal zu drängen. Auf den Ausbruch folgte ein Sprung von 27%, der die Preise auf ein Hoch von 11,8 $ steigen ließ.

Während LINK möglicherweise mehr Benzin im Tank hat, um auf der Grundlage des absteigenden Parallelkanals in Richtung $13 vorzustoßen, prognostizieren andere technische Indizes einen Rücklauf vor höheren Höchstständen.

Kettenglied US-Dollarkurs-Chart

Der sequenzielle TD-Indikator präsentierte kürzlich ein Verkaufssignal an einer wichtigen Widerstandsbarriere auf der 12-Stunden-Chart von LINK. Die rückläufige Formation entwickelte sich in Form einer grünen Neuner-Candlestick, nachdem die Preise durch den gleitenden 100-Zwölf-Stunden-Durchschnitt zurückgewiesen wurden.

Nun könnte ein weiterer Anstieg der Verkaufsaufträge hinter den dezentralen Orakelmarken dazu führen, dass die Preise auf den 200- oder 50-tägigen gleitenden Durchschnitt zurückgehen.

Diese Unterstützungsbereiche bewegen sich derzeit um 10,7 $ bzw. 9,8 $.

Betrachtet man das IntoTheBlock-Modell „In/Out of the Money Around Price“ (IOMAP), so gilt die kurzfristige pessimistische These. Basierend auf dieser On-Chain-Metrik liegt das bedeutendste Unterstützungsniveau unterhalb des Kettenglieds zwischen $10,3 und $10,7.

Hier hatten etwa 8.000 Adressen zuvor mehr als 30 Millionen LINK gekauft.

Eine solch massive Versorgungswand könnte die Stärke haben, fallende Preise in Schach zu halten. Inhaber innerhalb dieser Preisspanne würden wahrscheinlich alles tun, um zu vermeiden, dass ihre Investitionen bei Bitcoin Revolution in die Verlustzone geraten. Sie könnten sogar weitere Marken kaufen, um einen Teil des Verkaufsdrucks aufzufangen und die Preise in die Höhe zu treiben.

Jeff Gundlach: Bitcoin é uma „mentira“.

O investidor bilionário Jeff Gundlach – que desde então conquistou a reputação de ser um „rei dos títulos“ – expôs suas idéias a respeito do bitcoin e dos mercados financeiros de hoje. Enquanto ele nega ser um legítimo „odiador de bitcoin“, está claro, por suas recentes palavras, Crypto Trader que ele não acredita nisso e está convencido de que a moeda criptográfica não é nada parecida com o que seus fãs afirmam ser.

Jeff Gundlach Não Acredita em BTC
Em uma entrevista recente, ele comentou:

Eu não acredito em bitcoin. Acho que é uma mentira. Acho que é muito rastreável, rastreável. Eu não acho que seja anônimo.

Ele ainda sugeriu que tinha dúvidas em relação à tecnologia da cadeia de bloqueio e todos os bens – sejam moedas ou pinturas – que podem ser digitalizados ou colocados em um livro-razão distribuído. Ele afirmou:

Eu prefiro coisas que eu possa colocar no porta-malas do meu carro. Eu prefiro meu Mondrian na parede a uma entrada digital que tenha o mesmo valor.

Embora suas palavras possam parecer desanimadoras no início, é difícil levá-lo a sério, considerando o quão triste e triste foi sua entrevista. Durante toda a discussão, Gundlach explicou que ele vê a bolsa de valores entrar em colapso nos próximos 18 meses. Ele também declarou que o dólar ia dar um mergulho desagradável e disse que as únicas ações com que os americanos deveriam se preocupar são as grandes ações de tecnologia.

Ele afirmou:

Eu acho que dentro de 18 meses, vai rachar com muita força. Quando o próximo grande colapso acontecer, acho que os EUA serão o mercado com pior desempenho.

Em outras palavras, o país inteiro está à beira de um grande sofrimento. Nossos mercados monetários estão no banheiro e não há esperança alguma. É difícil olhar para os indivíduos que profetizam futuros tão perigosos através de uma lente clara. Não há sequer um guincho de positividade. Aconteça o que acontecer, as coisas não vão dar certo.

Além disso, ele parece se contradizer um pouco durante toda a entrevista. Por exemplo, no início ele afirma que o dólar vai falhar, mas depois afirma que é um investimento sólido ao longo dos próximos cinco anos. Ele explicou:

Na verdade, o dólar é longo agora, embora eu não acredite em nada. É um bom investimento para os próximos cinco anos.

Então, você não acredita nele, mas está dizendo a todos para investirem nele durante um período de cinco anos? Como isso faz algum sentido? Ele comentou que vê uma forte inflação entrando no mix, uma vez que o déficit dos Estados Unidos se expandiu nos últimos meses.

Será que nada vai dar certo?
Ele também apresentou outra visão cínica quando exclamou:

Se eu quiser investir para meus tataranetos, tenho certeza de que certos investimentos imobiliários e certos investimentos em recursos seriam vencedores óbvios. Quem se importa com seus tataranetos?

Qual è il prossimo passo per Bitcoin? Binance dice che un fattore determinerà il futuro dei mercati dei crittografi

I ricercatori del crypto exchange Binance dicono che la forza del dollaro USA determinerà dove si dirigerà il mercato dei Bitcoin e dei crittografi.

Un nuovo rapporto di trading evidenzia la recente correlazione negativa tra il dollaro e le attività alternative come la crittografia e l’oro.

I ricercatori dicono che il ritiro del mese scorso nei mercati cripto sembra essere stato influenzato dai ritracciamenti nei mercati azionari globali sulla scia della pandemia che ha seminato una diffusa incertezza economica.

„Il dollaro USA è stato un fattore chiave del successo della Bitcoin quest’anno. Anche se il recente rialzo del dollaro ha spinto gli asset cripto al ribasso. Qualsiasi indicazione di debolezza o di una continuazione dell’implacabile vendita del dollaro scatenerà la prossima ondata di acquisti di asset alternativi come il Bitcoin“.

Secondo i dati di Binance Future, l’interesse aperto per il Bitcoin Profit è sceso da 1,1 miliardi di dollari a 650 milioni di dollari a settembre. Da allora, l’interesse aperto si è ripreso, salendo a 960 milioni di dollari.

Nonostante il recente rallentamento del mercato, gli investitori hanno ottenuto guadagni decenti e non sono scoraggiati dalla volatilità a breve termine del prezzo del Bitcoin e i fondamentali di BTC rimangono forti, dice Binance.

„Come si dice, nessun mercato toro sale in linea retta. Anche se può essere snervante, le correzioni di mercato si verificano regolarmente durante i mercati dei tori. Le correzioni di mercato possono essere salutari, regolando i prezzi sopravvalutati e fornendo opportunità di acquisto…

molti analisti rimangono ottimisti riguardo agli asset crittografici a medio e lungo termine. Gli investitori terranno d’occhio le tendenze macroeconomiche per avere indicazioni sulla direzione futura di Bitcoin“.

Square was just the tip of the iceberg – on-chain data shows institutions are piling up Bitcoin

Square’s decision to buy Bitcoin and keep it in reserve has delighted the crypto community.

The decision was made after MicroStrategy made a similar investment a few months ago, albeit on a larger scale.

If this trend gains momentum while the dollar continues to experience unprecedented inflation, it could be a catalyst for a massive BTC rebound

The importance of this fact shouldn’t be underestimated – and the data also seems to suggest that Square may just be the „tip of the iceberg.“

The data on the chain seems to suggest that a myriad of other large, unannounced investors (and possibly companies) are currently in full bitcoin accumulation mode.

Bitcoin is currently expressing some notable signs of strength as its price has overcome major resistance in the region below $ 11,000.

It is important to note that the selling pressure has been quite intense here and could result in a disadvantage if the bulls are unable to maintain momentum.

This is not an ordinary rally, however, as the price is being driven by BTC in the hope that the cryptocurrency will continue to be adopted by companies as a reserve currency.

A well-respected on-chain analyst notes that MicroStrategy and Square are just the „tip of the iceberg“ – pointing to on-chain data suggesting that other major investors have pushed Bitcoin Trader software up at a rapid pace.

Bitcoin is experiencing a remarkable boom

At the time of writing, Bitcoin is trading well over $ 11,000, marking a remarkable rebound from the recent lows of $ 10,600 that were set just a few days ago.

BTC has been consolidating lately, with cryptocurrency barely gaining momentum due to declining news regarding the CFTC’s persecution of the co-founders of BitMEX.

However, yesterday’s news from Square managed to bring the trend back into the bulls‘ favor.

Data: Square and MicroStrategy are just the beginning

Prominent on-chain analyst Willy Woo writes in a tweet that Square and MicroStrategy are likely not the only companies currently accumulating Bitcoin .

Pointing out the massive reduction in spot BTC available on the exchanges, he notes that the collective buying by the above two companies is only a small fraction of the total supply reduction that has been seen lately.

“The purchase of 4,709 BTC by Square and 38,250 BTC by Microstrategy is the tip of the iceberg. In the past 8 months, speculative stocks on the exchanges have been reduced by 250,000 BTC, suggesting that many other * unannounced * investors have withdrawn coins from the market. “

If another publicly traded company makes a similar announcement, it may officially be considered a trend and could become a catalyst for serious growth.

These bullish factors indicate that Bitcoin is facing an explosive movement

The price of Bitcoin has remained stable, although the crypto market has been hit several times by recent developments.

Last week, the market was confronted with a $150 million KuCoin hack that the CFTC charged the BitMEX co-founders.The weakness caused by these events was exacerbated by turbulence in the stock market due to President Trump’s COVID-19 illness.
Despite all of this, the price of Bitcoin has remained within the trading range in which it has been trading in recent weeks.
One analyst notes that BTC’s strength in light of this indicates that an explosive upward movement is brewing.

Bitcoin and the entire crypto-currency market has consolidated in the last few days, following a slight selling pressure earlier in the week.

This selling pressure resulted from a variety of different factors – but it was not sufficient to change the underlying market structure of the crypto market.

One analyst believes that Bitcoin may be poised to see an explosive upward trend in the near future.

This movement could help to provide a tailwind to the entire crypto-currency market, which could also cause Altcoins to rise higher in step.
Bitcoin shows signs of strength despite bearish news

At the time of writing, the price of Bitcoin is up nearly 1% to its current price of $10,600, which is roughly the same price at which it has been traded in recent days.

At the beginning of the week, news of the CFTC’s accusations against the three co-founders of the popular margin trading platform BitMEX shook the market and dropped the Bitcoin price from $10,900 to $10,400.

The crypto-currency has been stable since then, and it appears that the initial sell-off was merely a reaction to the news.

At the same time, concerns have been raised by the recent $150 million KuCoin hack and uncertainty in traditional markets.
Analyst: BTC will experience a strong upward push as strength increases

One analyst explains that a combination of strength in the face of several declines and on-chain metrics that are on the rise seems to indicate that Bitcoin is on an upward trend in the near future.

„Bitmex FUD & Trump [News] has hardly made a dent in the BTC price. That is rather meaningful in view of the strength. The chain internal characteristic numbers are likewise bullish. I see no reason to be bearish towards the BTC unless the stock market crashes. The balance of risk here is pretty sweet for a spot BTC“.

If Bitcoin continues to push higher in the near future, this could further confirm sentiment and lead to an influx of buying pressure.

Does Bitcoin continue to enjoy the trust of BTC investors worth billions?

Pay with Bitcoin? US dollar, bitcoin and yuan: three global currencies

What happened to the big BTC investors? Are you still bullish about the future Bitcoin price ?

With the founder of Social Capital, Chamath Palihapitiya, nothing seems to have changed in this regard. He announced in a tweet yesterday on September 23 that he was still topping up his Bitcoin holdings.

He also claims that „nothing“ compares to the bitcoin bet he made back in the distant 2012. He also had some good advice left for the general public:

Take the time to understand what you own. So deep that you can be „all in“ if necessary. It should never come to that, but if you have that level of conviction, you will measure the size and sum appropriately […]

Of course, the risk of trading with the highly volatile Bitcoin price should not be underestimated. When it comes to investments, however, the situation is somewhat different. The longer the investment horizon, the more the volatility can be neglected. Palihapitiya’s advice also makes sense in the sense that such a reflection on the value of all your wealth can help you to put your investment and your individual financial risk in a healthy relationship.

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The billionaire continues to bet on a rising Bitcoin price
The billionaire claimed during Social Capital’s recent investment conference call that his firm didn’t get into Bitcoin until 2013 .

The father of all cryptocurrency was among the company’s largest investments in 2018, but it’s not clear how many BTC Palihapitiyas company currently holds.

Palihapitiya is currently at the forefront of global SPAC madness with his ambitious bets that could make him the next Warren Buffett.

SPACs is an acronym that stands for „Special Purpose Acquisition Companies“. This strategy represents a relatively new technique of raising capital, and its popularity has skyrocketed recently. By reducing bureaucracy, SPAC IPOs enable an IPO within a few weeks.

After Virgin Galactic went public, Palihapitiya also launched private real estate startup Opendoor earlier this year through one of its SPACs.

While Buffett continues to reject BTC as a serious investment object, Palihapitiyas continues to rely on a future rising Bitcoin price and an investment in BTC.

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