In crises, the flight of investors often leads to the safe haven of “cash”. Most other asset classes are affected by this. Crypto also experienced a fall in prices during the Corona crisis. In the medium term, the portfolio diversification effect will predominate. In the medium term, however, the high independent component (alpha) of Krypto […]
Bitcoin/USD daily basis Bitcoin/USD – Not much new in the reporting week On Monday, Bitcoin was able to advance to just over USD 7,300 right at the beginning of the reporting week. This was followed on Tuesday by another attempt to climb higher spheres. However, this was rejected at USD 7,500. This was followed by […]
In an open letter to the Swiss Financial Market Supervisory Authority (FINMA), the Bitcoin Association Switzerland (BAS) is formulating a recommendation to amend the Money Laundering Ordinance presented in February. It calls for all financial market players to be treated equally. On 7 February 2020, FINMA published a proposed ordinance and several partial ordinance revision […]
Bitcoin/USD daily basis Bitcoin USD – Continuously higher lows At the beginning of the reporting week, Bitcoin was able to defend the previous Sunday’s low of USD 5,900. This was followed on Monday by an upward movement which led to a level of 6’600 USD and just below that marked its daily closing price. In […]
The corona crisis now holds the world firmly in its grasp. Bitcoin was sent plummeting as the virus struck panic into the hearts of investors. Why wasn’t the crypto-asset a safe haven? These questions will be discussed with experts in our partner’s 10×10 webinar. It’s hard to believe: We humans, the dominant species on this […]
Bitcoin/USD daily basis Bitcoin/USD – Testing the first resistance zone Bitcoin managed to defend its newly reached level of USD 6,000 at the beginning of the reporting week. Already on Tuesday, a higher level of just under 6’500 USD was reached. This was followed by a further rise in the share price at midweek, which […]
After a campaign by the Italian Red Cross (ITR) was able to achieve its fundraising goal within three days, the organization is now asking for further donations in the form of bitcoin. The campaign, which was launched on March 12, is intended to enable the Italian Red Cross to purchase medical equipment for the preliminary […]
Bitcoin/USD daily basis (Source: Tradingview.com) Bitcoin/USD – consolidation after “black Thursday At the beginning of the reporting week, the price of bitcoin was just above USD 5,000. Already on Tuesday, a renewed test of the zone below USD 5’000 mark followed. Although this led bitcoin to plunge through the USD 4,500 mark, the daily closing […]
The Italian Banca Sella has set up a service for trading bitcoin in the last few days. The bank is using their “hype platform” for this purpose and sees bitcoin as a secure way to transfer money internationally during the crisis. The “Hype platform” currently has 1.2 million customers Currently, around 1.2 million Italians are […]
Peer-to-peer bitcoin trading in Venezuela has risen sharply due to the closure of banks due to a nationwide quarantine in Venezuela. The nationwide quarantine, which was imposed on 17 March, is intended to slow the spread of the COVID-19 virus. As there are only 33 confirmed cases of the virus known to date in Venezuela, […]
