The Digital Asset Fund I from Hauck & Aufhäuser is intended to cover 85 percent of the entire crypto market.

The German private bank Hauck & Aufhäuser announced that it wanted to offer its first crypto fund. The HAIC Digital Asset Fund I is scheduled to be launched on January 1, 2021

According to a report on FundView, this collaboration with Berlin-based fintech company Kapilendo is aimed at institutional and semi-institutional investors who want to invest in a portfolio of crypto assets, including Bitcoin ( BTC ), Ether ( ETH ) and Stellar ( XLM ) .

The fund pursues a passive investment strategy, whereby the allocation of the crypto values ​​is based on the current market capitalization and other criteria. According to the company, the portfolio will cover 85 percent of the total market for crypto assets.

The minimum investment in the fund is EUR 200,000 and the subscription period is unlimited. The total ongoing fees for the fund are 2.05 percent of the fund volume

Kapilendo will act as a crypto depot and Hauck & Aufhäuser will be responsible for fund management. Board member Holger Sepp stated that institutional interest in crypto is growing in Germany:

„We are seeing that digital assets and cryptocurrencies are becoming increasingly attractive among institutional investors. With the launch of our first crypto fund, we and Kapilendo created an innovative investment vehicle that gives our customers inexpensive and secure access to the new crypto asset class, including the established one Meets the high quality standards and high demands of Hauck & Aufhäuser. „

As Cointelegraph reported last week , Stone Ridge’s digital assets subsidiary NYDIG recently raised $ 150 million in two crypto mutual funds.

The SEC continues to refuse to approve a Bitcoin ETF. Nevertheless, more and more vehicles are coming onto the market for institutional investors to enter the crypto market.

Polkadot (DOT) founder Gavin Wood has expressed his ambition for the project. And he doesn’t particularly see Ethereum as a competitor …

Ethereum and Polkadot, brought to coexist?

As a reminder, before being the creator of Polkadot, Gavin Wood is the founder of Ethereum. This is why he was asked about the subject during the Polkadot Summit which took place yesterday. Wood explains the positioning of Bitcoin Bank app, which he considers to be “ a bet against the maximalism of blockchains“ . According to him, building Ethereum as a single blockchain that would cover all the needs is not a good idea. He believes that the strength of the ecosystem is precisely interoperability, which is Polkadot’s credo:

“If Ethereum becomes a chain to be bridged with, I think there is a very good chance that Polkadot and Ethereum will coexist . “

Polkadot, a threat to Ethereum?

The Polkadot project has in any case seen a breakthrough this year , with a fanfare arrival in the top 10 cryptocurrency by capitalization, thanks to several successful token sales . And beyond the economic factors, the project has attracted many developers thanks to its promise: that of creating interconnected environments.

The DOT price therefore logically reflected this nascent enthusiasm… At least until the end of November. The DOT price followed the Bitcoin bull run (BTC), approaching its all-time high at over $ 6 a week and a half ago. But it had plummeted very sharply, losing -21% in the space of a day:

Since then, the price has managed to bounce back, even if it does not reach levels similar to ten days ago. However, it takes + 9 % over the week . Today, the capitalization of DOT stands at nearly $ 5 billion.

O dólar perdeu valor significativo em relação ao Yuan Chinês (CNY) desde maio deste ano.

Caiu de $ 1 comprando 7,2 CNY para agora apenas 6,5 CNY, seu nível mais baixo em dois anos.

USD / CNY, novembro de 2020

O dólar estava ganhando significativamente em relação ao yuan após a desvalorização em massa do CNY, que o Partido Comunista Chinês (PCC) tentou manter implementando controles rígidos de capital a ponto de fecharem trocas de criptografia.

Durante grande parte deste ano, no entanto, o dólar tem se desvalorizado em massa, com trilhões impressos em dinheiro de helicóptero e para resgatar empresas.

Isso levou ao fortalecimento do CNY porque, de alguma forma, eles rapidamente controlaram a pandemia em apenas três semanas, levando a especulações selvagens.

A América ainda está lutando com isso, causando uma queda na força do dólar para seu ponto mais baixo desde maio de 2018.

Dólar em queda, novembro de 2020

Alguns ganhos recentes do dólar em seu índice de força são devidos à queda ainda maior do euro, já que a impressão lá fez com que até mesmo a dívida grega caísse em taxas de juros negativas .

No que diz respeito ao CNY, ele pode continuar ganhando porque eles não estão tomando nenhuma medida que prejudique a economia e não têm feito isso desde o final de fevereiro.

No que diz respeito ao bitcoin, isso pode significar para os cidadãos chineses, a criptografia agora é um pouco mais barata, pois tende a ser precificada em dólares.

Com o valor do dólar caindo, o bitcoin, relativamente falando, custa menos lá em seu próprio dinheiro.

As autoridades chinesas, no entanto, estão tentando impedir que seus cidadãos comprem bitcoin, mas o povo chinês sempre parece encontrar uma maneira de fazer isso, até porque o bitcoin é o ativo monetário mais facilmente acessível do mundo, pois é apenas um código que você pode até mesmo o meu.

Bienvenido al nuevo mundo.

Los síntomas han cambiado. Lo que vemos priorizado ahora es diferente. Damos la bienvenida al retorno del respeto por la experiencia, el amor al rigor y la curiosidad, y la búsqueda de una equidad digna. Muchas calorías se han gastado en esta transformación. Nuestro mapa mental del territorio está rehecho. Marquemos las cosas al mercado para que podamos volver a caminar hacia adelante.

Sin embargo, debajo de todo esto todavía está el remolino humano del caos, organizado sólo brevemente en destellos de coherencia y estructura. El virus se atiborra del animal social. Las bestias soberanas continúan amenazándose entre sí con el dominio geopolítico, económico y tecnológico. Los mercados siguen reflejando construcciones y esquemas financieros desvinculados de la experiencia de la persona promedio. Las empresas de alta tecnología continúan construyendo en el software sus adictivos estados nacionales digitales. Los vectores de cambio para el software y el dinero siguen profundamente anclados al fractal de la cadena de bloques.

El fin de las elecciones, y quizás su recordatorio de la fragilidad del gobierno político, ha reforzado el valor de Bitcoin.

Cuando el viejo mundo se tambalea, el nuevo parece más seguro en comparación. El precio de la cripto-moneda subió a más de 15.000 dólares, rompiendo de nuevo la barrera de los 250.000 millones de dólares de capitalización del mercado. Puede comparar esos 250.000 millones de dólares con la oferta monetaria M1 de varios países (enlace aquí): Polonia, Bélgica o Austria.

Quizás esto también fue impulsado por el muy discutido movimiento de PayPal, el procesador de pagos, para incorporar finalmente a Bitcoin en sus opciones de moneda. PayPal se conecta a unos 25 millones de comerciantes y 350 millones de usuarios. Recordemos que Ant Financial tiene 80 millones de comerciantes y 1.300 millones de usuarios… más adelante. Creemos que las noticias de PayPal son interesantes y prometedoras, pero aún están en sus primeras etapas. Permitir la compra y venta de una mercancía usando una compañía fiduciaria de terceros (Paxos) es bastante diferente a usar una moneda para la actividad económica. Pero estamos llegando a eso.

A modo de comparación, Visa se sitúa hoy en día en unos 420.000 millones de dólares de capitalización de mercado, lo que representa el flujo de efectivo descontado de ser propietario de una red de pagos. Su acuerdo con Plaid, la empresa de agregación de datos, está en las rocas, ya que el Departamento de Justicia de EE.UU. presenta una demanda antimonopolio para evitar la adquisición. Nuestro escrito previo sobre el acuerdo (enlace aquí) estuvo de acuerdo con la lógica del monopolio en lo que se refiere a Visa eliminando a un competidor negro. Pero encontramos bastante absurdo el concepto de bloquear este acuerdo por esos motivos. Una compañía de agregación de datos de ingresos de 100 millones de dólares está a muchos pasos de ofrecer una red global de pagos.

Pensemos en la estructura de la industria por un momento.

La red de tarjetas provee la infraestructura de pagos en el sentido de que permite que el dinero se mueva en su red de nodos. Esos nodos son de naturaleza financiera o económica, y hablan el lenguaje del dinero: bancos, emisores de tarjetas, sitios de comercio electrónico, terminales de puntos de venta, reguladores, etc. Puedes enviar un poco de mensajes, pero principalmente estás enviando un instrumento financiero. Y no haces preguntas sobre el instrumento financiero. Simplemente es un decreto soberano. El valor se acumula para el accionista de la red debido a la pequeña renta que se toma en todas las transacciones.

Por lo tanto, su incentivo como Visa es maximizar la parte organizacional de todas las transacciones ampliando la red a través del mundo y en cada esfera tecnológica. A través de la escala, su red mejora para los participantes. Empiezas a decir „red de redes“ y pagas 5 mil millones de dólares por las nuevas empresas. Un monopolio natural, como Facebook y Google.

PayPal está una capa más arriba en la pila. Es la experiencia de salida para una porción significativa de Internet. El cuadrado es la experiencia de salida para una porción significativa de la pequeña empresa terrestre. Y así sucesivamente. Puedes hablar de procesamiento de pagos y pasarelas de pago y puntos de venta hasta que todos estén confundidos. Lo bueno de PayPal, y Stripe, y Square y, en general, esa huella de las empresas de pagos modernas, es que son nativas de software y tienen API y UI. Se integran en las cosas, y son parte del mundo moderno. La mayoría todavía se sube a los „rieles“ de Visa o Marstercard y todos priorizan el instrumento financiero del dinero soberano. Su valor se acumula al agregar la huella del consumidor o del comerciante, y dar a la actividad económica una forma de fluir en patrones novedosos.

Entonces, ¿qué viene después, y cómo se relaciona con lo anterior?
Monedas digitales del Banco Central

ConsenSys ha estado en una lágrima recientemente anunciando 4 proyectos diferentes de CBDC sobre la infraestructura del Etereo. Destaquemos brevemente esos:

• El Banco de Tailandia utilizará la empresa Ethereum para el prototipo de CBDC al por menor con ConsenSys
• El banco central de Australia anuncia el proyecto CBDC con ConsenSys
• La Societe Generale selecciona a ConsenSys para los experimentos del CBDC
• ConsenSys gana el premio del Banco Central de Hong Kong a la moneda digital.

The security company wants to build a formally secure blockchain for DeFi.

CertiK, a software security company active in the blockchain sector, announced the launch of its own customised blockchain, the CertiK Chain, on the main network.

The new blockchain focuses on security, turning the previously static process of intelligent contract analysis into a real-time protection system.

DeFi’s season could be over as Bitcoin and Ether Bitcoin Profit pack their bags for the moon
Professor Ronghui Gu, the CEO of CertiK, said: „The days of relying on off-chain security analysis, static security audit reports and unnecessary waste of time and money are over. CertiK Chain is „setting a new industry standard in block chain security protocols,“ he added.

The blockchain has a customised programming language called DeepSEA, which is designed to make a formal check – a mathematical demonstration that the code does what it is supposed to do – into a largely automated process.

Anonymous developers behind a DeFi yield farm could steal $1 billion in 12 hours
The block chain also has an interoperability approach through the concept of Security Oracles, which provide real-time analysis of intelligent contracts in other blockchains. The company says the feature can be used by intelligent contracts in other blockchains to assess the security of their peers. If the Oracle considers the target smart contract to be unsafe, developers can choose to avoid interacting with it on the fly.

The oracles will work through a system of clients and operators. End users or developers who wish to understand the security level of a particular contract will submit an application, funded with CTK blockchain tokens. The operators behind the oracles will perform the analysis and publish the results in the chain.

Quantstamp will audit the entire blockhchain of a new DeFi project based on Polkadot
Finally, the company is also organising an insurance mechanism to cover any loss of funds from hackers, called CertiKShield.

The launch of the main network follows a test network launched in March 2020. In early February, the project launched a demonstration of the DeepSEA language. CertiK is among the most active security auditors in space, having recently been selected as a partner to audit Binance’s Smart Chain and projects built on that platform.

Come strumento finanziario, Bitcoin non ha concorrenti, ma come asset class ne ha molti. Quello ovvio è l‘ oro , ma l’equivalente più moderno è la classe di asset dei titoli tecnologici.

Dai minimi del crollo finanziario del marzo 2020, pochi asset hanno recuperato le perdite

Mentre Bitcoin è aumentato di quasi il 200%, anche i titoli tecnologici hanno visto oscillazioni rialziste. Il Nasdaq Composite è aumentato del 56%, Facebook del 77%, Amazon del 95%, Apple del 112% (aveva una divisione delle azioni nell’agosto 2020), Netflix del 77% e Alphabet del 48%. Questi sono stati i grandi vincitori del crash, ma senza dubbio Bitcoin Revolution ha visto guadagni maggiori. Eppure, non c’è più clamore sull’investimento nella criptovaluta.

Mentre gli investitori istituzionali come MicroStrategy, Square e Paul Tudor Jones sono diventati rialzisti sull’asset digitale, gli investitori al dettaglio sono ancora diffidenti e stanno optando per titoli tecnologici con prestazioni inferiori (ma comunque di valore). Perché?

In un’intervista con AMBCrypto, Nick di Ecoinmetrics ha fornito tre ragioni per questa sovraperformance dei titoli tecnologici rispetto a Bitcoin sul fronte della vendita al dettaglio.

Passività

A causa della massiccia capitalizzazione delle suddette società, i titoli tecnologici vedono un „flusso passivo“ più elevato, ha detto Nick. Ciò che intendeva con questo era perché aziende come Apple, Alphabet, Netflix, Facebook, Amazon e Microsoft occupano i primi posti nell’S & P500, ricevono investimenti attraverso vari indici e fondi a grande capitalizzazione. Egli ha detto:

“I FAANG sono già una parte enorme degli indici utilizzati per gli investimenti passivi. Prendi Apple da sola, è circa il 6,5% dell’intero SP500 … Questo a sua volta sta spingendo il loro prezzo di mercato più in alto „.

Apple, Microsoft, Amazon, Facebook e Alphabet occupano i primi 5 posti dell ‚S & P500 , con un peso combinato di oltre il 20%, il che significa che, per ogni dollaro inserito nell’indice, 20 centesimi affluiscono inevitabilmente a queste società.

Per confrontare questa assimilazione dell’indice per i titoli tecnologici con Bitcoin, non c’è equivalente. Sebbene esistano alcuni indici crittografici, come l‘ indice CM Bletchley , il processo di investimento non è abbastanza snello come lo è per i fondi indicizzati e quindi i titoli tecnologici. Gli investitori al dettaglio, che senza dubbio investono in tali fondi, lo fanno senza la motivazione di investire direttamente in titoli tecnologici, ma finiscono per farlo a causa della sua natura condivisa.

The YFI has fallen below the resistance at $ 16,000 and is following a descending resistance line.

The SUSHI is trading between the support at $ 0.67 and resistance at $ 0.87.

The UNI rebounded from a strong fibonacci level and regained an area of ​​minor resistance.

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Three pieces of DeFi (decentralized finance), Yearn.Finance (YFI), SushiSwap (SUSHI) and Uniswap (UNI) could approach a bottom. Having said that, UNI and SUSHI are showing signs of a bullish reversal as the YFI lags behind.

Cryptocurrency trader @thetradinghubb highlighted several DeFi token charts, including the YFI, SUSHI, and UNI. He thus asserts that the latter are close to a short-term bullish turnaround.

In this article, we’ll take a brief look at each of these three tokens to determine what their next move will be.

The Bitcoin Evolution has been declining since the September 12 high. It has been following a descending resistance line since October 1. Price dropped below the $ 16,000 area and then validated it as resistance.

Unless the price breaks the descending resistance line, a decline towards $ 11,000 seems to be the most plausible option.

Additionally, the YFI appears to have completed a bullish momentum with the September 12 high, and then started a correction.

The SUSHI price has been rising since October 7, when it hit a low at $ 0.551. The rally continued until it climbed to a high of $ 0.873 on October 10. The price has since followed a downward resistance line.

Price hit the rally’s 0.618 fibonacci level, located at $ 0.67, before creating a long lower wick and rising again.

Technical indicators are neutral, knowing that there is a slight bullish divergence in the MACD. The RSI, on the other hand, is below 50 and declining.

That said, a move above the descending resistance line would likely bring price towards the resistance area of ​​$ 0.87

The UNI has been up since October 7, when price hit a low at $ 2.47. The rally continued until price climbed to a high of $ 3.66 on October 10.

On October 14, UNI bounced back to the full rally’s 0.618 fibonacci level at $ 2.93 and created a long lower wick, indicating buying pressure. Price is now up to $ 3.66 but needs to break through the descending resistance line.

UNI showed several signs of a bullish reversal, such as a bullish divergence ahead of the rally and a resurgence of a minor support area.

Finanzmünze, Dogenmünze, Monero-Preisanalyse

Die meisten Altmünzen haben das Wochenende gut überstanden und beeindruckende Kursgewinne verzeichnet, während das Ethereum auf die Marke von $ 385 stieg.

Die Finanzmünze erlebte eine Fortsetzung ihrer Aufwärtsbewegung. Der digitale Vermögenswert bei Cryptosoft legte auf seinem Tages-Chart erneut zu und folgte damit der positiven Stimmung, die heute auf dem Markt zu beobachten war. Auch Monero könnte eine schnelle Umkehr in Richtung einer Aufwärtsbewegung erleben.

Dagegen verzeichnete Dogecoin einen gewissen Verkaufsdruck und könnte nach einer kurzen Konsolidierungsphase nach unten ausbrechen.

Finanzmünze [BNB]

Zum Zeitpunkt des Verfassens dieses Artikels wurde die Binance-Münze bei $ 31,26 gehandelt, nachdem sie sich über ihren unmittelbaren Widerstand hinausbewegte und die Unterstützung bei der Marke von $ 30,83 gedreht hatte.
Die BNB verzeichnete vor dem Wochenende einen Preisrückgang und legte seit gestern um fast 6,4% zu.

Der digitale Vermögenswert blieb gemäß seinen technischen Indikatoren ziemlich zinsbullisch: der 20-Perioden Simple Moving Average (blau) lag über der 50 SMA (gelb), die über der 200 SMA (rosa) lag – eine äußerst zinsbullische Stimmung. Der Aufschwung oberhalb der 20 SMA zeigte weiterhin, dass die Bären die Preisbewegung oberhalb des kurzfristigen gleitenden Durchschnitts respektierten.

Die aus den gleitenden Durchschnitten sichtbare Aufwärtsbewegung wurde auch durch hohe Kaufvolumina unterstützt. Gleichzeitig mit dem unmittelbaren Preisanstieg blieben auch die Volumina hoch, was auf eine starke Kaufstimmung hindeutet.

Dogenmünze [DOGE]

Nach einem in den letzten 24 Stunden sichtbaren Preisverfall bei Dogenmünzen schien sich der Preis endlich zu stabilisieren. Der digitale Vermögenswert wurde zum Zeitpunkt des Verfassens dieses Artikels bei $ 0,00265 gehandelt.

Mit einem geringfügigen Anstieg des Volatilitätsniveaus zeigte die BNB einen Abwärtstrend in Richtung der Unterstützungsmarke von $ 0,00263. Dies zeigte sich nach ihrer einwöchigen horizontalen Preisbewegung entlang des Niveaus von $ 0,00267.

Die Divergenz der Bollinger-Bänder bestätigte einen Anstieg des Volatilitätsniveaus.

Die vom MACD angezeigte Abwärtsbewegung bestätigte ebenfalls einen Abwärtstrend, der sich in den nächsten Tagen entfalten könnte.

Monero [XMR]

Obwohl die Monero-Händler auf einen Aufwärtstrend wetteten, verzeichnete der digitale Vermögenswert in letzter Zeit einige Verluste. Der Chaikin-Geldflussindikator, unterhalb der Nulllinie, signalisierte Rückläufigkeit.

Da die Kapitalabflüsse größer waren als die Kapitalzuflüsse, trug das vorhandene Bargeld, das den Monero-Markt verließ, zum Verkaufsdruck bei. Auch der Parabolic SAR gab ein Verkaufssignal.

Sollten die XMR-Bullen jedoch weiterhin Kursniveaus mittels Cryptosoft über der Unterstützung von $ 127,33 halten, könnte der Verkaufsdruck geschwächt werden. Angesichts seines allgemeinen Aufwärtstrends wird der digitale Vermögenswert in den nächsten Handelssitzungen wahrscheinlich eine zinsbullische Umkehr erfahren.

Monero kündigte auf Twitter die Einführung seiner neuesten Ledger Nano App-Update-Version (1.7.3) an. Sie wäre mit den neuesten GUI- und CLI-Clients (0.17.0.1 – Oxygen Orion) kompatibel.

Businessman was arrested in Búzios – RJ in February 2020 and was awaiting decision on serving time in another country

US businessman Carlos Nataniel Wanzeler will be extradited to the United States for involvement in the TelexFree financial pyramid, according to Uol. According to the STF’s decision, the accused may serve up to 30 years in prison outside Brazil.

Wanzeler, who is said to be the leader of one of the largest financial pyramids in the market, was arrested in Brazil and was awaiting the extradition trial in prison. With the recent STF ruling, the businessman is to be handed over to the US, where he is responsible for crimes such as money laundering.

Thus, the leader of TelexFree could be imprisoned in that country for 30 years, according to the agreement between Brazil and the United States on the extradition of the businessman responsible for the financial pyramid that moved US$3 billion.

Financial Pyramid Leader

TelexFree is considered one of the largest financial pyramids that have ever operated in the financial market. The coup has injured millions of investors and moved about R$ 16 billion, considering the current quotation for the US dollar.

Thus, the leader of the Carlos Nataniel Wanzeler scheme, was denounced in the United States for his involvement with the financial pyramid. The businessman is responsible for 17 crimes, such as money laundering and foreign exchange fraud.

However, Wanzeler fled to Brazil in search of not serving time in the United States for his involvement with TelexFree. To escape, the financial coup leader managed to get out of the US via the Canadian border, using a car.

Soon after, Wanzeler boarded for São Paulo – SP and was arrested in February 2020 while in Búzios – RJ. Since then, the businessman has been arrested and will be extradited to the USA.

STF decision

The arrest of businessman Carlos Nataniel Wanzeler was determined by the STF, after the leader of TelexFree decided to flee to Brazil. However, in collaboration with the United States, the second class of the STF decided to extradite the accused.

According to the rapporteur of the case, Minister Ricardo Lewandowski, the businessman’s performance in the financial pyramid business should be framed as stellar if the crime were to be tried in Brazil.

On the other hand, the STF presented as a condition for the extradition of the businessman of TelexFree that the United States may not impose a sentence exceeding 30 years in prison.

Furthermore, the agreement between the two countries establishes that the months that Wanzeler was imprisoned in Brazil will be counted in the final sentence of the businessman that will be established by the U.S. soon after the extradition.

Crime in Brazil

Besides responding to financial crimes in the United States, Wanzeler is also responsible for TelexFree’s operations in Brazil. The company accused as a financial pyramid has claimed millions of victims worldwide, with the promise of easy profit and referral system.

Although the coup is not related to cryptomorphs, TelexFree is considered one of the largest financial pyramids that has ever existed, and may have claimed two million victims, with a significant performance in Brazil, where the coup was initiated.

However, the businessman Wanzeler was not judged by the second group of the STF for the performance of the financial pyramid scheme in Brazil. In the decision on the extradition of the businessman, the reporter of the STF points out similarities between the charges in Brazil and in the USA, but states that those involved in the coup are not the same.