Veröffentlicht: 16.01.2020

The calm after the storm

Lateral movement on Thursday

One day after the spectacular Bitcoin SV run, the situation at the crypto market calms down. Bitcoin is in a sideways movement on Thursday and BSV falls behind Bitcoin Cash again. We take a look at what happened today

Bitcoin in detail

Bitcoin is able to defend the price gains of the past few days for the time being and is currently trading at around 8700 USD. A 24 hour trading volume of over 30 billion USD shows the increased interest in the digital gold. Due to the strong performance of Bitcoin SV and Co. the Bitcoin Dominance Index drops to just under 66%.

Buy and sell Bitcoin quickly and easily

» Start now *
* This link is an affiliate link (advertising).

Wal moves over 1 billion USD

The “Whale Alert” twitter account today reported a transaction of USD 1.1 billion. It didn’t take long for first users to suspect the Craigh Wright behind the transfer. Reports about the so-called “Tulip Trust III” caused the Bitcoin SV share price to skyrocket this week. In total, Wright is said to have assets of more than 1 million Bitcoin. The Wright transaction, however, was an ordinary hot wallet transfer from the Bitfinex exchange.

BSV

During the spectacular Bull Run, Bitcoin SV was able to fight its way up to 4th position in the crypto charts. Almost playfully the Bitcoin Fork shot past EOS, Litecoin, Tether and Bitcoin Cash. On Thursday BSV can defend fifth place after all. The coin is at a rate of 327 USD. The current market cap is approx. USD 5.8 billion.

Wright’s courier handed down list

It’s the top topic in cryptospace. The focus is on Bitcoin SV supporter Craig Wright and lots of question marks. Is the self-proclaimed Bitcoin inventor in possession of private keys worth billions? Yesterday, the lawyers for the Kleiman estate made the following statement: “Dr. Wright informs the court that a third party has provided the necessary information and keys to unlock the encrypted file, and Wright has presented a list of his Bitcoin holdings to plaintiffs today as ordered by the Magistrate Judge.” Promptly the Bitcoin SV price exploded as a result.

Total market capitalization

The total market capitalization climbs to a value of approximately USD 240 billion. This means that in the past few days, just under USD 50 billion has been pumped into the crypto market. Many investors are looking forward to the year 2020 with bullish expectations. The Bitcoin Halving Event, the Libra project and the GRAM launch could cause a lot of hype this year. In addition, people like Craig Wright are electrifying countless supporters. Price jumps of over 100% were a thing of the past until yesterday. This was not just any pump & dump coin, but a crypto currency from the top 10. The crypto market remains volatile and attracts investors with quick profits. On the other side, scams and other fraud systems are damaging the reputation of the blockchain world. For example, the analytics company Chainalysis tracked stolen Bitcoins worth USD 2.8 billion. Over 50% of this loot was transferred to well-known stock exchanges. Money laundering and pyramid schemes have been part of the cryptospace for years. The improvement of security is an ongoing task.

The best providers to earn Bitcoin

» To the provider comparison *
* This link is an affiliate link (advertising).

Leave a Reply

Your email address will not be published. Required fields are marked *

Earn Bitcoin with master nodes from 0.015 BTC - For beginners

Recommendation for beginners: Der Masternode Pool Club PoolNode is the little brother of the company GetNode. PoolNode enables its members to participate in a unique Masternode Pool which is already over 100 Bitcoin in size. PoolNode achieves very good results through active management of the pool and continuous acquisition of new master nodes. With GetNode you can participate from 0.2 Bitcoin and with PoolNode from 0.015 BTC.

Earn Bitcoin with Masternodes

Editor's recommendation Der Masternode Pool Club GetNode is the only provider of its kind. GetNode enables its members to participate in a unique Masternode Pool which is already over 100 Bitcoin large. GetNode achieves very good results through active management of the pool and continuous acquisition of new master nodes.

The big comparison - Masternodes vs Mining

What's the best way to make Bitcoin?
In our detailed article on Bitcoin Mining vs. Masternodes, we have compared the different methods of Bitcoin extraction. Bitcoin Mining or Cloud Mining is only worthwhile in very specific market phases. Learn more about this in our article Bitcoin Mining - Masternodes the better alternative!