Valorization of 278% in one year.

At dawn on Wednesday (30) Bitcoin broke a new price record and was traded above US$ 28 thousand. The digital currency follows a strong upward trend that saw its price rise 8 thousand dollars in just two weeks. In Brazil the digital currency is traded above R$ 150 thousand.

In the last 30 days alone Bitcoin Up platform valuation was 54%. At Christmas (25), cryptomoeda reached a new record and was traded for US$ 25. Curiously in the following days the price broke new records: 26/12 (US$ 26 thousand) and 27/12 (US $27). The valuation of the digital asset in the year is now 278%.

Bitcoin’s current high is attributed to institutional adoption, where several companies are buying the currency as a form of protection against an impending financial crisis.

The digital currency is experiencing its fourth big boom since it was created in 2009. The last big record was in December 2017, just before it fell to a low of around $3,200.

2020 will be remembered as the year in which Bitcoin experienced institutional investment. From 2010 to 2012, the asset was mainly used by libertarians and was considered a currency of „people who mess with computers“. In 2013 it reached the mainstream for the first time, who bought the asset until 2016 is considered a pioneer.

In 2016 and 2017 when the asset broke its first price record it was the turn of retail, ordinary people. They bought it up and sold it downtown.

Now, in 2020, the giants have arrived. Who is buying Bitcoin now are the big companies, investment fund managers, and even governments. These people don’t buy at high to sell at low.

Based on Bitcoin’s current performance and the fact that less than 0.2% of the world’s population owns the digital currency, many analyses outline an optimistic future for crypt currency.

Bloomberg said that by 2021 the asset could surpass US$1 trillion capitalization, that would make the price of the digital asset reach US$50,000.

Citibank is even more optimistic and believes that Bitcoin will surpass US$ 300 thousand by the end of 2021.

Last week when Bitcoin was trading below 24 thousand, Tony Vays, a Wall Street veteran said the digital currency would be worth 28 thousand by the end of the year.

The forecast happened.

Maybe by luck?

Maybe, but the analyst expects Bitcoin above $100,000 by 2021.

On the critical and pessimistic side there are those who say that Bitcoin’s high is completely misplaced and will even make people jump out the window.

Bitcoin’s rise has made other cryptomites appreciate too with almost the entire market on the rise. With the exception of XRP, which faces a lawsuit from the U.S. Securities and Exchange Commission (SEC), the majority of the altcoins are valued above 5%.

The total market capitalization of Bitcoin is now US$ 517 billion. The entire cryptomino market is worth US$ 742 billion. The digital currency has therefore reached 70% dominance.

Data leakage at Ledger – What are the risks for the company and how to protect yourself?

The news came this weekend, and it was like a bomb. A Ledger customer database hacked last June leaked yesterday on a forum. While Ledger claims the funds are safe, the personal data is in the wind. What are the risks for Ledger, and how to protect against attacks?

How can I protect myself against possible hacks or phishing attempts?

First of all, remember to change your email address, and ideally to close the access to the faulty email. This is potentially the gateway to your cryptographic platforms and any other sensitive data. If you use the same email address to connect to your exchange platform Immediate Bitcoin as the one used to order your Ledger or their service, change it. To find out if your email has leaked, you can find out here: Have I Been Pwned

For security reasons, you should also change your passwords; they have not been leaked since they were not informed when you bought a Ledger key, but a little computer hygiene does not hurt, especially after an attack of this magnitude. Remember to use a complex password, with many alphanumeric, special and different characters on each platform.

Then, the second doorway could be your phone number. You probably entered it when you ordered your Ledger key; and its escape could be a problem. Especially if you use a double authentication by SMS, cause of sim swapping in particular, which consists in retrieving your phone number on another SIM card from very simple information: surname, first name, address and sometimes date of birth.

If you use a 2FA generator linked to your phone number, or mail leak, same problem. Remember to change this setting from the security area of all your accesses using these same details. And rake broadly; banking, professional, or other areas, everything that could have a relationship with this number. Changing your phone number may be an option for some people.

In any case, do not click on links that you might receive by SMS or email. This will most likely be phishing, aimed at stealing your private keys. As a reminder, Ledger states that cryptomoney is not in danger.

Despite the July data leakage, your crypto-actives are safe. Although sincerely regrettable, this leak only concerns data related to e-commerce. It has no impact on your portfolios, the Live Ledger application or your funds.https://t.co/K0M65DQCOl

– Pascal Gauthier (@_pgauthier) December 21, 2020

Another way to secure your funds would be to use 2FA, YubiKey type keys. These keys, which communicate with your wallet via NFC or USB port, provide an additional identification factor.

Finally, for your home address, it’s more complicated. Some people have a feeling of insecurity, which is understandable. Having all this data in the wild is hardly reassuring. Burglary is still an extreme case, just like kidnapping. According to our information, purchases made via external resellers such as Amazon are not affected by this data leakage.

As far as Ledger is concerned, they have announced that they have thoroughly reviewed their security since last summer’s attack.

Vrijdag (11 december) legde voormalig hedgefondsmanager Jim Cramer tijdens een interview uit waarom hij eerder die dag meer Bitcoin had gekocht.

Cramer is de gastheer van de CNBC-show “ Mad Money w / Jim Cramer „. Hij is ook mede-anker van CNBC’s “ Squawk on the Street „, evenals mede-oprichter van financiële nieuwswebsite TheStreet

Op 7 juni 2017 , toen Bitcoin rond de $ 2.800 handelde, nadat hij op ‚Squawk on the Street‘ te horen kreeg dat de CEO van Business Insider Henry Blodget had voorspeld dat Bitcoin ooit $ 1 miljoen waard zou zijn, reageerde Cramer als volgt:

„Ik denk dat het [Bitcoin] kan [oplopen tot $ 1 miljoen] omdat de Europese banken verwoed proberen ze te kopen zodat ze ransomware kunnen afbetalen. Het is een kortetermijnmanier om met cybersecurity om te gaan. Het is de manier om de slechteriken af ​​te betalen. “

Op 14 augustus 2018 , op een moment dat Bitcoin net onder het niveau van $ 6K was gezakt, ontdekten we dat Cramer van super bullish naar bearish was gegaan:

‚ Ik denk dat het tij tegen haar is gekeerd … Ik zeg niet dat de tijd is verstreken, maar er is een idee dat de zon onder lijkt te gaan. „

Toen, op 10 september, vertelde Anthony Pompliano (ook bekend als ‚Pomp‘), die mede-oprichter is van Morgan Creek Digital en de presentator van ‚ The Pomp Podcast ‚, zijn bijna 370.000 volgers op Twitter dat hij Cramer had overtuigd om koop wat Bitcoin (blijkbaar tijdens een recent podcastinterview met Cramer):

Vrijdag vertelde Cramer aan Katherine Ross, een correspondent voor TheStreet dat hij zojuist meer Bitcoin had gekocht, en legde vervolgens uit waarom:

„Ja, ik had gewoon het gevoel dat terug naar $ 17 [k] een behoorlijk niveau leek, en ik zal kopen – zoals ik gewoonlijk doe – als er iets naar beneden komt. Ik word groter en groter en groter.

“Ik denk gewoon dat je wilt diversifiëren naar allerlei soorten beleggingscategorieën. Ik heb goud. Ik ga diversifiëren naar Bitcoin – geen grote positie voor mij – maar het is zeker belangrijk om gediversifieerd te zijn, en Bitcoin is een aanwinst en ik wil een balans van activa hebben. „

 

Bitcoin ha vuelto a caer por debajo de los 18.000 dólares, mostrando más debilidad después de llegar a los 19.800 dólares.

Ha perdido una tendencia alcista de dos meses y ahora está en una tendencia bajista
16.200 dólares podrían estar en juego si muestra más debilidad

Bitcoin sufrió una caída anticipada en las últimas 24 horas, alcanzando los 17.700 dólares en una nueva muestra de debilidad después de sus máximos históricos de hace dos semanas. Ahora ha caído a través de una tendencia alcista que ha estado en vigor desde mediados de octubre, con la posibilidad de una nueva caída a los 16.000 dólares si se pierde el nivel de soporte actual.

Bitcoin pierde la línea de tendencia de dos meses

Como teorizamos ayer, Bitcoin Circuit estaba preparado para un nuevo hechizo de color rojo al no haber podido reclamar el apoyo de 18.600 dólares. Después de una breve subida a 18.430 dólares, Bitcoin sufrió la caída esperada, perdiendo una línea de soporte clave en el proceso:

Esta línea de apoyo, que ya ha actuado como resistencia, podría ser clave para determinar la dirección de Bitcoin a corto plazo. Si cierra el día por debajo de él, entonces eso confirmará el final de una tendencia alcista continua de casi dos meses:

La debilidad de Bitcoin desde los 19.800 dólares ha dado lugar a un canal descendente claramente definido:

Por supuesto que no tenemos forma de saber cuánto tiempo continuará Bitcoin con esta tendencia descendente, pero es necesario reiniciar después de una tendencia alcista tan larga y poderosa. Bitcoin se encuentra actualmente en un nivel de soporte recientemente establecido que ha sido probado cuatro veces desde finales de noviembre, y típicamente cualquier incremento después de tres golpes en la puerta resulta en que se abra eventualmente:

Si, como se espera, Bitcoin aprovecha la oportunidad de reiniciar más, el soporte recientemente probado de 17.650 dólares representa el siguiente punto de parada potencial. Debajo de esto hay un rechazo convertido en soporte a 17.200 dólares y mucho más abajo hay 16.150 dólares, lo que representaría una corrección del 18% desde arriba.

Aunque tal caída sería, por supuesto, una mala noticia para los poseedores de Bitcoin (a corto plazo), es muy probable que precipite una temporada alternativa a lo largo de diciembre antes de que Bitcoin empiece otro empuje hacia los máximos históricos en enero.