Author: Editorial Office CVJ.CH

Bitcoin USD daily basis Bitcoin USD chart analysis – all-time high cracked During the week under review, Bitcoin not only defended its impressive gains from the previous week, but managed to extend on them. This ultimately led to a surpassing of the old all-time high in the 65’000 USD area on Wednesday, which came about in mid-April. The basis for the breakthrough was consolidated on Monday, with a further consolidation in the area of 62’000 USD. The two previous trading days already contained this price pattern. Strong price gains on Tuesday then led to 64’272 USD at the close of…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review.

The first Polygon Ecosystem Index (PECO) has gone live, capturing the largest projects on the currently leading scaling solution.

The Trader Joe team announces the launch of Banker Joe, a new asset lending and borrowing platform powered by Chainlink Price Feeds. Banker Joe refers to Chainlink’s decentralized price oracles and from now on, users can leverage Banker Joe to earn interest on their assets by loaning them to others. Now, users can leverage Banker Joe to earn interest on their assets by loaning them to others via non-custodial pools, or by depositing their own assets as collateral to borrow more assets. Banker Joe references Chainlink decentralized price oracles to determine a user’s borrowing capacity during loan issuance and check…

The SEC has approved the first bitcoin exchange-traded fund (ETF). Another milestone for the largest cryptocurrency.

A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads and more. The weekly report in cooperation with market data provider Kaiko.

Bitcoin USD daily basis Bitcoin USD chart analysis – all-time high within reach During the reporting week, Bitcoin not only defended its impressive gains of the previous week but even extended them further. After cracking the historic resistance level around 52,000 USD the week before, the price consolidated in the 54,500 area until Sunday. Already on Monday, the bottoming above the resistance was seen as a positive sign and triggered renewed buying, which took Bitcoin to 57,487 USD by the close of trading.  On Tuesday as well as on Wednesday, trading took place between 54,000 and 57,500 USD with unclear…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review.

The multifaceted NFT market has repeatedly made it into the headlines of traditional media in recent months. The majority of the trading volume is on the OpenSea platform. Among other crypto exchanges, Coinbase is now venturing into the space. Non-fungible tokens (NFTs) have become the zeitgeist of the crypto market. Blockchain tokens come in the form of a crypto asset that represents ownership of something unique that cannot be exchanged. Thus, they are particularly popular in the art industry and are increasingly penetrating other sectors. Monthly trading volumes, while down slightly, remain in the billions of dollars. The bulk of…

The digital assets sector has become a billion-dollar market and is visibly penetrating the traditional financial world. Titled “The Future of Digital Assets,” an event on the topic was held in Zurich last week, as more and more institutional investors have started to invest in crypto assets. Crypto assets, or digital assets, are experiencing tremendous growth. More and more institutional investors are investing in this new asset class, and a number of established financial institutions now recognize crypto assets as a promising investment area. In the meantime, a broad ecosystem with corresponding products and services has developed around the emerging…

A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads and more. The weekly report in cooperation with market data provider Kaiko.

Bitcoin USD daily basis Bitcoin USD Chart Analysis – All-Time High Approaching Bitcoin posted impressive gains during the reporting week, which ultimately lifted the price above the dominant resistance zone in the USD 52.000 area. Already on Monday, a potentially bullish dominated week was announced with the breakout through the 48,000 resistance. Bitcoin last failed in this zone just below the 50’000 mark in mid-September. With a daily close of $49,271, the market showed on Monday that despite the previous week’s price surge, there are no signs of fatigue in the recent uptrend. Accordingly, the positive momentum was reinforced on…

What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review.

FinTech company Auto1 is launching the first car financing on a blockchain across Europe. This is a significant step towards the complete mapping of vehicles, as smart contracts on the Ethereum network replace paper and manual processes. The company is abolishing any manual input and paper processes in its core business – car financing – with immediate effect: all documents, files and processes related to the financed cars are now based on smart contracts – and this throughout the entire lifecycle of the vehicles. Auto1 FT is thus the first car financier in Europe to convert its entire ecosystem to…

The investment firm of the well-known hedge fund manager George Soros has confirmed that the fund trades in Bitcoin and other cryptocurrencies. However, the family office is mainly interested in the application cases of DeFi and similar financial instruments. In 2018, the investment firm received the green light for crypto trading for the first time. This was despite the rather critical attitude of the billionaire philanthropist due to the high volatility of the sector. However, how the Soros Family Office has been positioned since then has never been disclosed. In an interview with Bloomberg, CEO and CIO Dawn Fitzpatrick revealed…

Bundesliga International has entered into a cooperation with NFT fantasy football game and digital company Sorare.