Largest bank in Belarus introduces cryptocurrencies

Another big bank is entering the crypto market.

Belarusbank, the largest financial institution in Belarus, wants to introduce cryptocurrencies

According to a report by the Belarusian news agency Prime Press on November 12, Belarusbank wants to enable its customers to buy cryptocurrencies using a Visa card in the future. As part of the offer, cryptocurrencies can be purchased in exchange for national currencies such as the US dollar, the euro and the Belarusian ruble.

The bank’s management states that the adoption of cryptocurrencies is part of the financial institution’s digitization program that started a few years ago.

The new service will be available to both Belarusian and Russian citizens.

Other countries are to follow at a later date, and the number of available crypto currencies is to be expanded

As stated in the media report, the new service is the result of cooperation between Belarusbank and the Belarusian payment service provider Whitebird. Even before the most recent collaboration, the two companies had already worked on a joint crypto project in 2018.

Belarusbank is one of the first banks in Belarus to show great interest in the crypto market. In 2019, she disclosed that she was planning her own crypto exchange.

The enthusiasm for cryptocurrencies in Belarus is due to crypto-conducive legislation. As previously reported , President Alexander Lukashenko had legalized digital currencies in late 2017.

Il miglior analista spiega perché l’Etereum potrebbe superare il Bitcoin in questo ciclo

L’Ethereum ha fortemente sottoperformato Bitcoin nelle ultime due settimane. Dato che BTC ha girato circa il 20% in più solo negli ultimi 10 giorni, l’ETH ha guadagnato circa l’8%.

Questa tendenza non è isolata: quasi tutti gli altercoin leader stanno sottoperformando il Bitcoin. La gravità del picco di BTC al rialzo ha compresso i guadagni degli altcoin, dato che tutti i focus e il capitale sono concentrati sul Bitcoin Evolution.

Mentre alcuni pensano che questo sarà un punto fermo di questo ciclo, un importante analista di cripto-asset ha recentemente chiarito il motivo per cui l’Ethereum può superare il Bitcoin in tutto questo ciclo.

Come l’Etereum potrebbe sottoperformare BTC in questo ciclo

Qiao Wang, un importante analista di cripto-asset, ha recentemente spiegato perché ci può essere una certa credibilità al sentimento che l’Ethereum supererà la Bitcoin in questo ciclo:

„L’argomento a favore del BTC è: ci sono voluti anni prima che le istituzioni si mettessero finalmente d’accordo con il racconto dell'“oro digitale“. Non c’è modo che si abituino all’ETH in questo ciclo.

Ciò che manca a questo argomento è che c’è anche una percentuale significativa della popolazione che non si trova a suo agio con il racconto dell'“oro digitale“, ma che si trova più a suo agio con il racconto della „piattaforma tecnologica“ che l’ETH rappresenta“.

Ha elaborato che dal punto di vista degli investitori tecnologici, l’Ethereum rimane la migliore scommessa „indice“ nello spazio della crittovaluta. D’altra parte, il Bitcoin può essere visto come una scommessa miope su un negozio digitale di valore.

Wang ha fatto notare, però, che rimane più rialzista sul Bitcoin. Sembra che stia assegnando una probabilità leggermente più alta allo scenario in cui BTC supera ETH in questo ciclo rispetto al contrario.

Non contare completamente Ethereum Out

Se da un lato i PF hanno il potenziale per sottoperformare BTC, dall’altro non è detto che diminuirà rispetto al dollaro. Ci sono molte cose da fare per l’Ethereum nei mesi e negli anni a venire.

Per prima cosa, sta lentamente diventando un asset istituzionale, con gli investitori istituzionali che cominciano ad affondare le proprie radici nello spazio.

Il responsabile di DTC Capital Spencer Noon ha notato all’inizio di quest’anno che le istituzioni con cui parla di DeFi stanno iniziando ad assegnare all’Ethereum dove possono. Ciò avviene in quanto i fornitori di servizi istituzionali, come Fidelity Investments, sono tenuti a rafforzare il loro coinvolgimento nell’Ethereum.

Inoltre, il Presidente del CFTC statunitense Heath Tarbert ha dichiarato di essere sinceramente impressionato dall’innovazione in atto nell’ecosistema dell’Ethereum. Ha aggiunto che se Bitcoin può essere paragonato alla tecnologia della posta elettronica, Ethereum è più simile a Internet.

Theta drops sharply after reaching historic high

THETA price follows a downward resistance line.

There is support at $ 0.58 and resistance at $ 0.77.

The course might have completed a five wave bullish formation

The Theta Network Token (THETA) price is down from its peak on September 30.

There could be a short-term rise, but it seems likely that the price has peaked for an extended period.

Decline in progress

THETA gradually declines along a descending resistance line from its maximum high at $ 0.798, reached on September 30.

Price hit a low at 0.553 on November 4th, validating the $ 0.57 area as support. It then started to rise. That said, price has yet to break through its descending resistance line. If it does, it could move up to the next resistance, which is located at $ 0.78.

The short-term chart is not yet showing clear weakness, but technical indicators have already reached overbought territory.

In addition, the price is approaching minor resistance at $ 0.695. The latter coincides with the aforementioned resistance line, and could therefore act as a near-term top.

The weekly chart is clearly bearish, knowing that the RSI contains a very pronounced bearish divergence, in addition to having declined from the overbought territory.

So while a crossing of the resistance line may take place, a resurgence of resistance at $ 0.78 seems unlikely.

Theta’s price may have completed a five-wave bullish formation (in black below) measured from the March 13 low

In this case, the price would now have started a long correction, which could take it down to $ 0.32 – $ 0.41. This would fit perfectly with the presence of the long-term bearish divergence.

A rise above its current high of $ 0.798 would negate this possibility.

Cryptocurrency trader @CryptoNTez shared a chart of THETA, showing the price is resting within a minor support area.

Although price has indeed rebounded to the support level at 3,950 satoshis, there is no clear sign of a bullish reversal yet. The MACD is below 0, the RSI is below 50 and the Stochastic Oscillator has generated a bearish cross. No bullish divergence is present in any of these three indicators.

So the current upside is likely to be a rally of relief rather than the start of a new upswing. Once completed, we would expect the price to drop to around 2,900-3,200 satoshis.

Das Vorgehen von Ireland Revenue gegen Spielautomaten bringt zusätzliche Steuergelder in Höhe von 1 Million Euro

Das Vorgehen der Republik Irland gegen nicht lizenzierte Spielautomaten hat zusätzliche Steuerbeiträge in Höhe von 1 Mio. EUR eingebracht , sagte Revenue in Kommentaren zum Fortschritt eines landesweiten Projekts zur Eindämmung illegaler Glücksspieloperationen.

Lokale Nachrichtenagentur The Journal berichtete hier Anfang dieser Woche unter Berufung auf offizielle Daten der Steuerbehörde, dass die Anzahl der erteilten Lizenzen für Spielautomaten von 6.088 im Jahr 2016 auf 9.612 im Jahr 2017 gestiegen sei .

Der deutliche Anstieg führte auch dazu, dass im vergangenen Jahr Steuereinnahmen in Höhe von 2,7 Mio. € erzielt wurden , nach 1,8 Mio. € im Jahr 2016

Die Einnahmen haben erklärt, dass der Anstieg der Steuereinnahmen auf den Start eines landesweiten Projekts folgte, das darauf abzielte, zu überwachen, ob die Betreiber von Spielautomaten die Vorschriften einhielten, und Verstöße zu bekämpfen. Auf die Frage nach ihren Fortschritten sagte ein Revenue-Sprecher gegenüber The Journal, dass seit Beginn des Projekts 300 Verstöße gegen die Vorschriften unternommen wurden . Sie alle haben die eine oder andere Form der Nichteinhaltung begangen und dazu geführt, dass die Regierungsbehörde den zusätzlichen Betrag von 1,1 Mio. EUR eingezogen hat.

Der Revenue-Sprecher wies ferner darauf hin, dass sie während des laufenden Projekts nicht befugt seien, weitere Einzelheiten zu dieser Angelegenheit anzugeben, die Agentur jedoch versuchen werde, alle Formen der Nichteinhaltung sowohl im Glücksspiel- als auch im Vergnügungssektor weiter anzugehen.

Durchgreifen von Spielautomaten

Ende letzten Monats wurde bekannt, dass Revenue nach einer Untersuchung von Durchsetzungsschreiben an eine Reihe von Spielhallen in der Hauptstadt Dublin geschickt hatDie Zeitendas ergab, dass die Einrichtungen trotz eines seit langem bestehenden stadtweiten Verbots von Geräten dieses Typs Spielautomaten betrieben hatten. Solche Einrichtungen erhielten 21 Tage Zeit, um die Maschinen zu entfernen oder Beschlagnahmen und Strafen zu verhängen.

In den Spielhallen von Dublin dürfen Spielhallenautomaten betrieben werden, an denen Spieler nur die Möglichkeit haben, erneut zu spielen, oder nicht monetäre Preise, deren Wert 7 € nicht überschreitet . Für den Betrieb von Spielhallen- / Unterhaltungsautomaten sind Lizenzen der zuständigen Aufsichtsbehörden erforderlich. Andererseits ist im Rahmen einer Reform von 1988 der Betrieb von Echtgeldspielautomaten innerhalb der Stadtgrenzen strengstens verboten.

Doch die Zeiten festgestellt , dass eine Reihe von Arkaden über die Stadt hat ihre Unterhaltungsmaschinen Lizenzen wurde unter Verwendung von Spielautomaten zu bedienen, damit das seit langem bestehende Verbot verstoßen. Wie oben erwähnt, wurde diesen Eigenschaften ein Vollstreckungsschreiben ausgestellt, und sie müssen ihre Spielautomaten entfernen oder sich ihrer Beschlagnahme und zusätzlichen Konsequenzen stellen. Es wurde festgestellt, dass die Automaten in den Spielhallen Spiele im Casino-Stil anboten, darunter Videopoker, Roulette und Blackjack, und es den Spielern ermöglichten, bis zu 2.500 € zu setzen und Geldpreise unterschiedlicher Größe zu gewinnen.

Die Irish Amusement Trades Association kommentierte den Schritt von Revenue und erklärte, dass sie rechtliche Schritte gegen den Finanzbeamten erwäge und dass ihre jüngsten Maßnahmen gegen die Grundsätze der Europäischen Union verstießen, die sich mit der Erbringung von Glücksspieldiensten in den Mitgliedstaaten befassen.

MicroStrategy has earned $100 million since acquiring Bitcoin

The first traditional company to bet on Bitcoin, MicroStrategy, has earned $100 million in less than three months thanks to BTC.

A few months ago, the crypto world was shocked by the news that a traditional company, MicroStrategy, decided to invest some of its reserve money in Bitcoin. And just a few weeks later, the company’s decision has paid off. MicroStrategy has earned $100 million since acquiring Bitcoin, as the BTC Times account comments in today’s Tweet:

MicroStrategy Wins with Bitcoin

By all measures, MicroStrategy is a traditional company. It is dedicated to the development of its own OLAP financial intelligence software for enterprise reporting. Therefore, when the company announced in early August the purchase of more than 20,000 Bitcoin, the crypto world went crazy.

Although it is not the first company to acquire the crypto currency, since Jack Dorsey’s company, Square, already had certain reserves of the crypto asset. MicroStrategy was indeed the first company totally outside of cryptology to bet on virtual currency. It also doubled its investment in September to reach $425 million in BTC.

MicroStrategy ha ganado 100 millones de dólares en los últimos tres meses gracias al incremento en el precio de Bitcoin. Fuente: CoinDesk
MicroStrategy has earned $100 million in the last three months thanks to the increase in the price of Bitcoin. Source: CoinDesk
An investment that has undoubtedly brought great benefits to MicroStrategy. In the weeks since its first purchase of Bitcoin to date, the company has earned $100 million from the increase in BTC’s share price alone in recent days. As the BTC Times commented on its Twitter account:

„Less than three months after MicroStrategy spent $425 million on Bitcoin, the firm’s investment has earned it more than $100 million in profits.

This revenue, in addition to being spectacular, would represent more than the company’s profits over the past three years. When it only achieved profits of 78 million dollars from its current operations. This demonstrates the benefits that any company betting on Bitcoin at this stage of its development can receive.