Sygnum Bank announces the launch of a platform on which tokenized assets can be traded. Why tokenization can make assets like real estate and art more liquid.

The Swiss Sygnum Bank will in future offer tokenized investments that meet institutional standards

According to its own information, Sygnum is the world’s first bank for digital assets that has all the necessary licenses to offer digital investment products to institutional investors.

In a press release, which the company released on Thursday, November 26th, Sygnum announces the launch of Desygnate. This is a primary market instrument that is complemented by the secondary market platform SygnEx. With the help of both platforms, investors will in future be able to access a wide range of tokenized assets.

From real estate to art

Sygnum Bank AG relies on investment products that are comparatively illiquid due to their nature and are therefore only available to a small group of investors. Large investments, such as in real estate, can be fragmented through tokenization and thus made accessible to less well-funded investors. Investors can trade digital investment products in the real estate, venture capital, mid-cap and art categories. According to the company, the market that can be opened up is in the trillions.

But blockchain-based tokenization models have other advantages in addition to being divided into small tranches. The billing is no longer dependent on a central point and thus a single point of failure, but takes place instantaneously, decentrally and at any time of the day or night. Decentralized offsetting can therefore only be beneficial to the liquidity of markets. The problem with digital investments has so far been embedding them in traditional finance structures. With the launch of the two platforms, Sygnum has come a step closer to establishing itself in the traditional financial sector.

Venture capital in particular is seen as an asset class that could benefit from tokenization. After all, such investments were previously closed to “small” investors due to their prohibitively high volumes. On the other hand, start-ups naturally benefit from a wider range of investors and can potentially tap more capital.

Ethereum 2.0 is getting closer and closer, and that is why Vitalik Buterin drives it by depositing 3,200 ETH in its reservoir direction.

Recently the deposit management for Ethereum 2.0, the next generation of the Ethereum, was launched and continues to grow. However, so far more than 31,000 ETH are registered at the address of ETH 2, of which 3,200 ETH were donated by Vitalik Buterin, the creator of the Ethereum.

These 3,200 ETHs are equivalent to approximately $1.3 million at current prices. EtherScan is the tool that tracks the data of the Ethereum blockchain, and from there you have this information that it belonged to Buterin.

Why did Buterin decide to make that deposit in Ethereum 2.0?

Buterin said he hopes the warehouse will continue to attract people „as the stakers get their coins out of cold storage, become comfortable with the tools and confident that the tools are working, etc.

As to whether the warehouse’s management will reach the required 524,288 ETH by December 1, Buterin struck a positive note. But he added: „There are not many precedents“. This date would be the earliest on which the genesis of Phase 0 of ETH 2 can begin.

If we look at the ETH sale in 2015, for example, there was a significant (but disappointing) level of participation on the day. Then very little on days 2-12, and then on day 13 and especially day 14 (the last day with a full discount).

There was a big increase which ended up being something like half of all the Bitcoin Loophole that ended up going on sale. So it is quite possible that here we will also see a quiet period and then a lot of participation in the last week of November. But this is just me speculating, we shall see! This is what Buterin expressed.

What can we expect?

Earlier this week the launch of the warehouse management was announced. This represents the final leg of what has been a process of years to move Ethereum from a trial work network to one based on participation testing (ETH 2.0).

Phase 0 will see the launch of the „beacon chain“ of Ethereum 2.0, which will serve as a kind of backbone for the emerging network. Another important milestone to remember is that about two months ago, the developers of ETH 2.0 launched Medalla, a test network that served as a multi-client dress rehearsal for the operation of the ETH 2 Phase 0 launch.

Med bitcoin som nå handles for i underkant av $ 18.000 – en nær $ 1000 gevinst fra bare to dager siden – mange analytikere og bransjeeksperter lurer på hvor bitcoin vil gå videre.

Valutaen har vært på en av de største oksekjøringene siden 2017, og mange tror at 2020 vil ende med at bitcoin slår sin helt høyde på $ 20.000 per enhet igjen.

Bitcoin kunne snart reise til himmelen

Ting stopper imidlertid ikke helt der. Mange lurer på hvor Bitcoin Era vil henvende seg i nærmeste fremtid. Hvordan vil 2021 se ut? Vil valutaen fortsette å komme seg oppover den økonomiske stigen? Dette er det mange analytikere spekulerer i i skrivende stund, og ifølge mange spådommer er ting akkurat i gang. Tom Fitzpatrick – en analytiker med Citibank – kommer til og med med argumentet om at bitcoin potensielt kan treffe en pris på rundt $ 318 000 innen utgangen av neste år.

I en fersk rapport hevder Fitzpatrick at bitcoins nåværende fart er ganske likt det med gull på 1970-tallet. Gitt at den fortsetter å følge alle de samme mønstrene og manøvrene som gull gjorde for omtrent fem tiår siden, kunne valutaen finne seg i å handle over $ 300K-linjen innen desember neste år.

I tillegg er måten bitcoin blir sett på nå ganske likt med hvordan gull ble sett på på 1970-tallet. På den tiden handlet eiendelen for en beskjeden $ 25 – $ 35 per unse – ikke i nærheten av $ 1 888 den handles for nå. I løpet av dette tiåret korrelerte eiendelen med den amerikanske dollaren. Alt dette tok imidlertid slutt når gullstandarden tilsynelatende ble skjøvet til side, slik at dollarstandarden kunne ta over.

Som et resultat ble USD den valgte valutaen for USA og andre nærliggende regioner, mens gull i det hele tatt sluttet å være en valuta. Snarere fant den seg plutselig som en butikk med verdi, noe som tillot prisen å øke nesten over natten.

Dette er relativt likt med det som skjer med bitcoin. Verdens første digitale valuta etter markedsverdi ble opprinnelig opprettet for å tjene som betalingsmiddel – en valuta som underbanken kunne bruke til å kjøpe varer og tjenester slik at de kunne overleve hverdagen. Imidlertid har bitcoin mislyktes i denne avdelingen, hovedsakelig på grunn av den pågående volatiliteten. Dermed er det ikke en betalingsvaluta, og har i stedet flyttet seg mer mot spekulativt territorium.

En helt ny holdning rundt den

Dette har gjort det mulig for bitcoin å fungere på en måte som ligner på gull, spesielt nå som økonomien har blitt svekket takket være den voksende koronaviruspandemien. Mange ser på eiendelen som et middel til å sikre sin formue og beskytte deres økonomiske inntekt i tider med strid. Med andre ord har bitcoin i stor grad blitt en butikk med verdi … akkurat som gull.

Skulle denne holdningen fortsette det neste året, kan bitcoin finne seg i å reise til månen.

Bitcoin to the top? – For Bitcoin, the return to its high of 20,000 dollars does not dream enough of its most optimistic fans. The latter see the price of BTC at least at 100,000 dollars , or even more, as we will see here with … a banker , and not least.

„Bitcoin: the gold of the 21st century“

It is under this title that begins a report by Tom Fitzpatrick , CEO of Citibank , a famous multinational banking company based in New York City.

To explain his enthusiasm for Bitcoin Evolution, the banker makes the comparison between the gold market since the 70s and the cryptomonanies market.

The great bull market in gold metal began when President Richard Nixon ended the gold standard in August 1971 . The fixed parity of 35 dollars for an ounce of gold (31.1 g) gradually gave way to a slow, but strong devaluation of the dollar , to the point of reaching 2,000 dollars for an ounce of gold during this period. summer 2020.

The monetary inflation and the devaluation of the dollar and are the basis for the comparison of Tom Fitzpatrick between Bitcoin and gold:

“Bitcoin’s price movement occurred following the Great Financial Crisis (of 2008) which saw a major shift in monetary policies, as we moved to 0% interest rates. “

In other words , free money , since it is not loaned against any return of interest, or almost.

BTC $ 318,000 within a year?

According to Tom Fitzpatrick’s technical analysis model, not only could bitcoin rally to its old all-time high of $ 20,000 as early as January-February 2021 , it could even hit a target of $ 318,000 before the end of the year. ’next year.

“You can see very symmetrical price action over the last 7 years [of BTC trading], forming what appears to be a very well defined channel. This would give us a new upward movement of a similar duration to the last recovery (in 2017). “

With the Covid-19 crisis, the big banker notes that governments are ready for all monetary impressions to revive the economy. This would support this new Bitcoin explosion.

Il 22 ottobre, il Bitcoin (BTC) ha continuato la sua ascesa creando una massiccia candela rialzista inghiottita e scoppiando al di sopra dell’area di resistenza di 12.050 dollari.

Mentre potrebbero verificarsi ritracciamenti a breve termine, è probabile che il trend del Bitcoin sia ancora rialzista.

Bitcoin rompe i picchi di settembre

Il 22 ottobre, Bitcoin Era ha continuato la sua ascesa creando un altro candeliere rialzista che ha spaccato la precedente area di resistenza da $12.050. Il prezzo ha raggiunto il massimo di 13.235 dollari prima di scendere leggermente al prezzo corrente di 12.800 dollari.

Se BTC inizia a diminuire, l’area di 12.050 dollari dovrebbe fungere da supporto. Tuttavia, gli indicatori tecnici non mostrano alcuna debolezza. L’RSI, il MACD e l’oscillatore stocastico stanno aumentando senza generare alcuna divergenza ribassista.

Il grafico settimanale mostra che il prezzo potrebbe essere uscito da una linea di resistenza discendente, ma non ha ancora raggiunto una chiusura al di sopra di quest’area. Se BTC riuscisse a farlo, i prossimi livelli di resistenza si attesterebbero a 14.000 dollari (valore stoppino alto da giugno 2019), 16.400 dollari, poi 19.500 dollari.

Movimento a breve termine

Il grafico a due ore a breve termine mostra che il prezzo ha creato un candeliere a stella cadente, che normalmente è considerato un segnale di inversione ribassista.

Tuttavia, oltre alla stella cadente, non ci sono altri segni di debolezza. Anche se il RSI è ipercomprato, non ha generato alcuna divergenza ribassista. Su una nota simile, mentre il MACD ha iniziato a diminuire, non ha generato un segnale di inversione ad orso.

Pertanto, mentre il prezzo del BTC potrebbe ritracciare a breve termine, non ci sono segni che sia alla fine del suo trend rialzista.

Conteggio delle onde

È probabile che Bitcoin abbia iniziato un impulso rialzista (mostrato in arancione sotto) l’8 settembre ed è attualmente nella terza ondata. Il livello più probabile per la fine dell’ondata sarebbe l’estensione di 3,61 Fib dell’onda 1, che scende a 14,360 dollari.

All’interno della terza ondata, il prezzo sembra essere vicino alla cima o ha già completato la terza sottoonda (blu), che si è estesa fino all’estensione in fibra 3,61 della sottoonda 1.

Inoltre, poiché le onde 2 e 4 devono alternarsi, la correzione in profondità dell’onda 2 indica che l’onda 4 è probabilmente poco profonda. Probabilmente finirà vicino a $12.125, che è il livello di 0,382 Fib della sottoonda 3 e vicino ad un’area di supporto minore.

In seguito, BTC dovrebbe riprendere il suo movimento verso l’alto. Il grafico a breve termine mostra le sottoondazioni minori completate della sottoonda 3 (mostrate in rosso e verde) che oltre ad una sottoonda 5 estesa.

Per concludere, è probabile che BTC sia in un impulso rialzista e continuerà a muoversi verso l’alto. Nel frattempo potrebbero verificarsi ritracciamenti a breve termine verso i 12.100 dollari.

Deux mois après avoir déposé un formulaire 10 auprès de la SEC au nom de son Ethereum Trust, Grayscale Investments a annoncé que le Trust était désormais une société déclarante auprès de la SEC.

• Grayscale Investments, la principale société de gestion d’actifs en devises numériques, a annoncé que son Ethereum Trust relèvera directement de la Securities and Exchange Commission (SEC) des États-Unis.
• Grayscale a déposé un formulaire 10 auprès de la SEC il y a quelques mois au nom d’Ethereum Trust et Bitcoin Trader pour devenir le deuxième produit de la société désigné comme véhicule d’investissement en devises numériques relevant de la Commission. L’autre produit est le Grayscale Bitcoin Trust.
• L’annonce d’aujourd’hui indique qu’à la suite de l’approbation d’Ethereum Trust par la SEC, ses actions sont désormais enregistrées conformément à la section 12(g) du Securities Exchange Act de 1934.
• L’enregistrement auprès de la Commission permet aux investisseurs accrédités qui possèdent ou achètent des actions dans le cadre du placement privé d’Ethereum Trust de bénéficier d’une liquidité accrue. Ceci est le résultat de la réduction de la période de détention légale de 12 à 6 mois.
• Ethereum Trust devra déposer ses rapports trimestriels et annuels, y compris ses états financiers, sur les formulaires 10-Q et 10-K auprès de la Commission. Cela vient s’ajouter aux rapports actuels sur le formulaire 8-K et au respect de toutes les autres obligations prévues par la loi sur les changes.
• L’annonce précise que „ce dépôt volontaire du formulaire 10 ne doit pas être confondu avec un effort visant à classer Grayscale Ethereum Trust comme un fonds négocié en bourse (ETF). La structure du Trust ne changera pas, et il continuera à ne pas gérer de programme de rachat ni à se négocier sur une bourse nationale de valeurs mobilières“.

eToro arbeitet mit Ripple- und Flare-Netzwerken

Ripple hat in diesem Jahr trotz der globalen Krise, in der wir uns mitten in der Krise befinden, tonnenweise Erfolge und massive Erfolge verzeichnet.

Das Unternehmen arbeitet hart daran, das bei Bitcoin Revolution gesamte XRP-Ökosystem anzukurbeln, aber auch daran, die massenhafte Einführung des digitalen Assets XRP voranzutreiben.

eToro unterstützt das Ripple-Ökosystem

Laut einer Pressemitteilung, die kürzlich von der Online-Publikation Daily Hodl veröffentlicht wurde, ist eToro stolz darauf, eine große Gemeinschaft von XRP-Inhabern auf der Plattform zu haben. eToro verrät, dass sie stolz darauf sind, die weitere Entwicklung des Ripple-Ökosystems zu unterstützen.

Es wurde enthüllt, dass eToro derzeit mit Ripple und Flare Networks über die bevorstehende Verbreitung von Spark im Gespräch ist – dies ist das ursprüngliche Zeichen der Flare-Blockkette.

Auf Twitter enthüllte Ripples Partner Flare das Datum eines Netzwerkschnappschusses – dies wird der Zeitpunkt sein, an dem alle XRP-Bestände erfasst werden, um die Verteilung von Spark zu bestimmen.

Die Veranstaltung findet am 12. Dezember statt. Es ist auch wichtig, darauf hinzuweisen, dass alle XRP-Inhaber, die Spark-Marken erhalten möchten, sicherstellen müssen, dass sie XRP unterstützende Brieftaschen oder Tauschaktionen haben.

Nach dem Start des Flare-Netzwerks werden alle XRP-Inhaber aus der Luft eine Anzahl von Spark-Münzen im Verhältnis zu ihrem XRP-Bestand erhalten. Das genaue Datum des Luftabwurfs muss bekannt gegeben werden.

Eine potenzielle Zwei-Wege-Brücke zur Verbindung von XRP und ETH

Das Hauptziel von Flare ist es, fortschrittliche intelligente Verträge laut Bitcoin Revolution und eine verbesserte Skalierbarkeit in XRP zu bringen. Dies könnte schließlich zur Schaffung einer neuen Zwei-Wege-Brücke zwischen XRP und der ETH führen.

Brad Garlinghouse, CEO von Ripple, sprach über die Bedeutung von Flare:

„Aus meiner Sicht kombiniert Flare das Beste aus XRP (sehr schnelle Abwicklung), Ethereum (intelligente Verträge) und Avalanche (für Konsens), was dazu beiträgt, den Nutzen von XRP zu erweitern und Entwicklern die Möglichkeit gibt, intelligente Verträge für neue Anwendungsfälle wie Ausleihe und DeFi zu erstellen.