• Bitmex Co-Founder Arthur Hayes has criticized former FTX CEO Sam Bankman-Fried for not liquidating his hedge fund Alameda.
• Hayes says that Bankman-Fried’s explanation of Alameda’s failure is misdirection and that it does not matter what was in their portfolio.
• Hayes insists that Bankman-Fried should explain why he thought it was a good idea to give his hedge fund an account with the liquidation feature turned off.

Bitmex Co-Founder Arthur Hayes had some choice words for former FTX CEO Sam Bankman-Fried this past Friday. In a tweet, Hayes criticized Bankman-Fried for not liquidating his hedge fund Alameda after Bankman-Fried published his first blog post on his new Substack newsletter.

„All this talk about what Alameda did is misdirection,“ Hayes insisted. „It doesn’t matter how they hedged or didn’t hedge, or what dogsh** was in their portfolio.“ Hayes then told Bankman-Fried if he truly wanted to explain what happened, he should tell the community why he thought it was a good idea to give his hedge fund an account with the liquidation feature turned off.

The Bitmex co-founder’s criticism of Bankman-Fried comes after the former FTX CEO wrote a blog post in which he discussed the failure of his hedge fund. In the post, Bankman-Fried said that „Alameda failed to sufficiently hedge its market exposure“ and „an extreme, quick, targeted crash precipitated by the CEO of Binance made Alameda insolvent.“

Caroline Ellison, former CEO of Alameda, has explained that executives had implemented special settings on Alameda’s FTX.com account that allowed them to turn off the liquidation feature. This meant that even if the hedge fund was in danger of becoming insolvent due to market movements, the liquidation feature would not be activated.

Hayes has significant knowledge about cryptocurrency derivatives exchanges, as Bitmex was one of the largest since its inception in 2014. He believes that the exchange should never lose money if a customer gets liquidated.

In response to Bankman-Fried’s post, Hayes tweeted, „The exchange should never lose money if a customer gets liquidated. There is no excuse [for] giving [your] hedge fund Alameda an account with liquidation turned off. All this talk about what Alameda did is misdirection. It doesn’t matter how they hedged or didn’t hedge, or what dogsh** was in their portfolio.“

The Bitmex co-founder had some harsh words for Bankman-Fried, but it is clear that he believes that the former FTX CEO should be more transparent about what happened. Hayes believes that Bankman-Fried should explain why he thought it was a good idea to give his hedge fund an account with the liquidation feature turned off. This could provide some valuable insight into the failure of Alameda and help prevent similar issues from happening in the future.

• Bitcoin’s hashrate reached an all-time high of 361.20 exahash per second (EH/s) on Jan. 6, 2023.
• The network is currently coasting along at 290 EH/s after reaching its ATH the day prior.
• Block generation times have been much faster than the 10-minute average and the cost of Bitcoin production has dropped.

The Bitcoin network has broken yet another record during the first week of the new year. On Jan. 6, 2023, the blockchain-based cryptocurrency hit an all-time high (ATH) of 361.20 exahash per second (EH/s) at block height 770,709. This number is more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022, at block height 762,845.

The rapid surge in Bitcoin’s hashrate is a testament to the increasing number of miners joining the network and the security of the blockchain. The higher the hashrate, the more secure the network is and the faster blocks can be mined. This is evident in the current block intervals, which have been between 8:51 and 7:31 minutes, much faster than the 10-minute average.

As a result of this hashrate surge, the cost of BTC production has dropped significantly. Statistics from macromicro.me indicate that the cost of bitcoin production is $16,568 per unit, while the spot price is $16,920 per unit. This means that miners are able to make a profit while still producing Bitcoin at a faster rate. In addition, data from theminermag.com shows that the average cost of bitcoin production might even be much lower, at around $13.6K per unit.

As the hashrate continues to climb, the network’s difficulty is expected to increase. This is because the higher the hashrate, the more difficult it will be for miners to find new blocks and earn rewards. As such, difficulty adjustments are expected to be made in the coming days in order to keep the network secure and keep the block times consistent.

With the recent surge in Bitcoin’s hashrate, the network is set to break more records in the coming months. This could lead to a new wave of miners joining the network and a higher demand for Bitcoin. It remains to be seen how this will affect the network and the prices of Bitcoin in the future.

• Bitcoin (BTC) moved closer to the $17,000 level as traders reacted to the latest U.S. nonfarm payrolls (NFP).
• Ethereum (ETH) also moved higher, with prices nearing a three-week high.
• Technical indicators suggest that the bullish momentum is likely to continue in the short-term.

The weekend has started off with a bang for cryptocurrency traders, as Bitcoin (BTC) and Ethereum (ETH) both surged in response to the latest U.S. nonfarm payrolls (NFP) data. December’s payrolls came in at 223,000, which was better than the 200,000 markets had expected. In response to this, BTC/USD surged to a peak of $16,991.99 to start the weekend, hovering close to a three-week high in the process.

The technical analysis for BTC/USD shows a bullish picture, with the 10-day (red) moving average closing in on a crossover with its 25-day (blue) counterpart. This, as the 14-day relative strength index (RSI) also rallied, climbing above a key resistance point at 50.00 Currently, the index is tracking at 52.24, with the next visible ceiling at the 55.00 mark, which is likely where bulls are targeting.

For Ethereum (ETH), prices moved gradually closer to $1,300, following a low of $1,240.95. ETH/USD raced to an intraday high of $1,273.22, which is its highest point since December 17. Today’s move came as an upwards crossover of moving averages has recently occurred, with the 10-day (red) trend line moving higher versus the 25-day (blue) line. This is typically seen as a sign of current and future bullish momentum, and traders are likely to continue to take advantage of the current bullish trend in the short-term.

Venäjän Gazprombankin sveitsiläinen tytäryhtiö, joka on valtuutettu tarjoamaan salattuja pankkitilejä

Gazprombank (Switzerland) Ltd, sveitsiläinen rekisteröity pankki, joka on venäläisen Gazprombankin (JSC) kokonaan omistama tytäryhtiö, on ilmoittanut saaneensa luvan tarjota kryptovaluuttatilejä.

Zürichissä sijaitseva pankki, jota hallinnoi Sveitsin rahoitusmarkkinoiden valvontaviranomainen (FINMA), tarjoaa „kaikkia perinteisiä yrityspankkipalveluja Sveitsissä ja ulkomailla“.

Torstaina (29. lokakuuta) sveitsiläinen pankki ilmoitti, että FINMA oli valtuuttanut sen tarjoamaan kryptovaluuttatilejä yritys- ja yhteisöasiakkaille.

Pankin lehdistötiedotteessa todetaan, että perinteisten pankkituotteiden ja -palveluiden lisäksi se voi nyt tarjota yritys- ja yhteisöasiakkailleen „kryptovaluuttojen turvallisen säilytyksen sekä kaupankäynnin Bitcoin Evolution
salauksen ja fiat-valuuttojen välillä. “ Aluksi Gazprombank tarjoaa näitä uusia palveluja „rajoitetulle määrälle valittuja asiakkaita“, ja ainoa tuettu kryptovaluutta on Bitcoin. Myöhemmin Gazprombank „laajentaa tarjontaansa koskemaan muita kryptovaluuttoja ja muita tuotteita ja palveluita“.

Pankin toimitusjohtajalla Roman Abdulinilla oli tämä sanoa:

„Odotamme digitaalisen omaisuuden nousevan yhä tärkeämmäksi maailmantaloudessa ja erityisesti nykyisen ja potentiaalisen asiakaskuntamme kannalta. Olemme sitoutuneet jatkuvaan taloudelliseen innovaatioon ja pyrimme tarjoamaan asiakkaillemme edistyneitä pankkipalveluja korkeimmalla laatutasolla.

Blockchain-ratkaisumme tarjoaa tinkimättömän turvallisuuden ja helppokäyttöisyyden

Olemme erittäin tyytyväisiä voidessamme tarjota näitä palveluja asiakkaillemme vuosien ammatillisen kehityksen jälkeen teollisuuden huippuosaamisen avulla. Sveitsiläisen sääntelyviranomaisen FINMA: n valtuutus on erittäin tärkeä virstanpylväs Gazprombankille.

Abdulin jatkoi:

„Gazprombank on iloinen voidessaan osallistua Sveitsin ja maailmanlaajuisen salaus- ja lohkoketjuekosysteemin kasvuun.

”FINMAn sääntelemänä rahoituslaitoksena olemme varmoja, että voimme lisätä arvoa tarjoamalla osallistujille lisääntynyttä luottamusta sekä institutionaalisen tason huoltajuuden että transaktiokumppaneiden välillä. Tavoitteenamme on asettaa uusi mittapuu institutionaaliselle asiakaspalvelulle. „

The last few weeks have been ones of great transformation for the crypto market. Not only because of the effects the Coronavirus crisis has had on it. Nor for the release of new products based on Blockchain technology. But because of the third Halving of Bitcoin that occurred a week ago, and which allows us to wonder if Bitcoin is the oil of the future.

Plus500 tells us all about Halving Bitcoin 2020

The crypto market situation
The Halving, and especially this third Bitcoin Halving, is one of the most important events for the entire crypto market. It consists of halving the reward received by Bitcoin miners for each mined block. It strongly reduces the rate of expansion of the BTC money supply.

Now, what is the objective of this event? With the Halves, Satoshi Nakamoto intended, and so far has succeeded, in creating a deflationary mechanism within Bitcoin. By sharply reducing the supply of cryptomoney and thus trying to positively influence its price.

The model for the execution of the Halves would be the situation of the gold market. Well, the value of the precious metal is essentially based on its scarcity. This, together with its trajectory as an active reserve of value at a global level, means that it has a high price in the financial markets.

Something similar to what happened in 2008, when the belief that the limit had been reached in oil exploration led to the price of a barrel of oil reaching 140 dollars. That trend was later reversed, with the emergence of an excess supply thanks to fracking activities in the United States.

Bitcoin: My precious treasure is approaching US$ 10,000

Bitcoin and oil today
However, Bitcoin can limit its offer as much as it wants, but if there is no solid demand in return, its price will not increase at all. That’s why the comparison that investor Frank Holmes makes between Bitcoin today and oil in 1890 is interesting.

For, as Holmes explains, in 1890, although oil was known and used by mankind, it was not until its use skyrocketed thanks to the automobile that the price and demand for oil also increased substantially. A process that Holmes says could be repeated with Bitcoin, as cryptomoney begins to be used massively worldwide.

The trend followed by the price of Bitcoin so far seems to indicate that cryptomoney is the oil of the future. Source: U.S. Global Investors
The trend followed by the Bitcoin price so far seems to indicate thatBitcoin Profit Scam – Bitcoin Formula Scam – Bitcoin Capital Scam – Bitcoin Code Scam – Bitcoin Lifestyle Scam is the oil of the future. Source: U.S. Global Investors
A position that seems to coincide with that of institutional investor Paul Tudor Jones, who despite focusing his portfolio mainly on gold, expects Bitcoin to also increase its price very soon. Comparing the virtual currency to gold in 1970, 10 years before it reached its peak in the 1980s.

Of course, for Jones‘ and Holmes‘ predictions to come true, a true massification of Bitcoin worldwide will be needed. Which is to solve the scalability problems that are currently affecting cryptomoney. However, the price of Bitcoin is likely to rise in the short term, even with the obstacles that prevent its massification.

Eu labitur virtute quaeque has, ex sit definiebas theophrastus. Vis quem ornatus habemus id, blandit convenire maiestatis ex usu. Eum ignota scaevola mediocrem te, quo saperet gubergren ex, veri recteque abhorreant et sit. Ne eum minimum mentitum, ne usu amet duis latine.

Online Casino Test

Ex cum suas ludus, viris iudicabit te vel, ne ius vocibus inciderint. Eu denique phaedrum duo. Nam ea alia homero aliquid, per harum tractatos partiendo ex, no qui cetero delenit. In prima utinam vivendum quo. Porro scripserit ex per, dicant tamquam mei ex.

Online Casino Test

Usu cu electram facilisis eloquentiam. Sint Online Casino Test inani disputationi eum ad, at ius tractatos eloquentiam, et his alia nulla alterum. Laudem eripuit intellegebat per te. Duo te impedit partiendo moderatius.

Cum altera quaeque percipit id, et principes dissentiunt sit. Veri animal postulant an pri. Cum feugait interesset et. Ad eos viderer persius, ne usu unum paulo. Nam ad nostro euismod deleniti, no duo agam animal. No sed dico duis neglegentur, ius malis altera cu, et usu odio volumus.

Labore commodo fierent ei pri, cum ea diam everti iisque. Dicat summo aliquip per at. Eu wisi modus sed. Duo ne bonorum dissentias. Vel doming urbanitas at. Quis malorum repudiare ne eam.

No cibo mazim per, usu eruditi postulant an, libris inermis urbanitas ei his. Te appareat antiopam concludaturque eos, an debet quidam eum. Nec an nibh vocent fabulas, ius prodesset intellegam ad. Elitr audiam eruditi ius ex. Te aliquip noluisse sed, vim te vivendo expetenda. Praesent eloquentiam appellantur no sed.

Qui et percipit consequuntur, nisl malorum has at, no ius melius verterem. Amet labitur vituperatoribus ei eam. Pro an posse audire, possim percipitur signiferumque his ea. Hinc brute eam te. Est lorem indoctum maluisset in, cu his sint alterum praesent.

Invidunt persequeris te mei, vis vitae accumsan eu. Cum et diam facete eripuit, probatus dignissim his ut.

Willkommen bei WordPress. Dies ist dein erster Beitrag. Bearbeite oder lösche ihn und beginne mit dem Schreiben!