Year: 2021

Digitale valuta

Ethereum can grow even more in the ongoing bull market

Ethereum has exploded since the beginning of April.

According to Two Prime, Ethereum is “grossly undervalued” compared to Bitcoin.

If the price jumps above the USD 3000 resistance, the next price target could be around USD 3200.

Ethereum was one of the top players in the cryptocurrency market last month, and the price of this cryptocurrency rose from $ 1922 to $ 2800 in April in April. The current price is around $ 2940, and Ethereum is still undervalued, according to digital asset investment guidance provider Two Prime.

Fundamental Analysis: The daily volume of ETH remains high

Ethereum has exploded since the beginning of April and this cryptocurrency continues to trade in a bull market. Daily volume of ETH remains high, and if this positive trend continues, Ethereum could quickly rise above the USD 3000 resistance.

Ethereum’s network still enjoys a significantly high hash rate, and strong network fundamentals remain one of the key features of Ethereum. The cryptocurrency market continues to attract institutional investors and, according to the latest news, the European Investment Bank will issue $ 121 million worth of digital bonds on Ethereum’s public blockchain.

Ethereum has successfully caught the attention of institutional investors this year, and according to Digital Asset Investment Guidance provider Two Prime, Ethereum is “grossly undervalued” compared to Bitcoin. Netherlands Crypto Currencyconverters.org is popular.

“Based on our analysis of ETH’s price performance, derivatives markets and on-chain data, we believe that ETH has earned a place alongside BTC as an institutional investment, store of value and treasury reserve,” wrote Two Prime.

Bitcoin has surpassed the $ 1 trillion market cap and, according to Two Prime, Ethereum has started to attract institutional investment in early 2021 and still has plenty of room for growth. It is also important to mention that one of the largest cryptocurrency investment companies worldwide, Grayscale Investments, currently owns more than 3.2 million ETH, representing about 3% of the total supply.

This proves that even big players like Grayscale are confident in the future of Ethereum, which is driving a price increase. Grayscale Ethereum Trust’s total value has reached more than $ 9 billion in early May as demand for Ethereum continues to rise.

Technical Analysis: $ 2500 represents a strong level of support

This cryptocurrency has made a huge leap in a short time and if you decide to buy Ethereum (ETH), keep in mind that the price could also weaken from current levels.

Ethereum is currently trading near the USD 2940 level and if the price moves above the USD 3000 resistance it would signal to start trading Ethereum (ETH). The next price target could be around $ 3,200 or even $ 3,500; still, if the price falls below $ 2500, it would be a strong sell signal. Italy Cryptocurrency is popular.

Resume

Ethereum has exploded since the beginning of April, and Ethereum is still undervalued, according to Two Prime, provider of digital asset investment advice. Ethereum has successfully captured the attention of institutional investors this year, with the total value of Grayscale Ethereum Trust reaching more than $ 9 billion in early May.

Posted on by Arnold Holt
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Digitale valuta

US Professional League NFL Prohibits Sponsorship of Cryptocurrency Companies and NFTs for the Time being

The National Football League (NFL) is currently prohibiting teams from selling non-fungible tokens (NFTs) and entering into sponsorship deals with cryptocurrency companies. That writes the leading The Athletic.

Temporary Policy

According to the online magazine, this does not mean the end for NFTs and NFL, nor does it mean that crypto parties should never sponsor. Folm.io crypto has enough information. The NFL (American football) is imposing the temporary policy on the league as it seeks to devise a strategy to enter the digital sports cards and art market.

Although the regulation prohibits NFL teams from individually entering into a sponsorship deal with, for example, BTC Direct or BLOX, The Athletic writes, however, that NFL teams are allowed to partner with asset managers that sell funds that track the performance of crypto assets.

https://youtu.be/_e_SSysCkh0

Difficult rules

An anonymous source reveals the NFL’s new guidelines regarding sponsorship and release of NFTs: Clubs may not sell or otherwise allow advertisements for specific cryptocurrencies, initial coin offerings, other cryptocurrency sales, or any other media category within club-controlled media, relating to blockchain, digital assets or as a blockchain business, except as described in this policy.’

Google Translate makes a word of it, but it also contains logical things. Banning the promotion of ICOs seems quite normal, everyone has actually been doing this since 2017. In addition, it is also noticeable that NFTs are not literally named. Still, the NFL has banned team NFTs for the time being.

Lots of money in NFTs

This leaves the American football organization with a lot of money. The American basketball organization NBA (National Basketball Association) makes hundreds of millions of dollars from the sale of digital collectibles. Renovato.io has enough information. NFT source CryptoSlam shows that the NBA Top Shot, which sells short clips of NBA highlights as digital collectibles, has generated more than $704 million in sales.

Earlier this year, the NBA’s Miami Heat signed a $135 million sponsorship deal with FTX. You may know the latter as the fastest-growing exchange today, they can now determine the name of the stadium of the Miami Heat. The Chicago Bulls also launched their own NFT collection with the online shopping platform Shopify. In addition, the Sacramento Kings has been mining Ethereum for years and you can pay for all merchandise at the Dallas Mavericks with bitcoin and dogecoin.

Posted on by Arnold Holt
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Digitale valuta

Weekend special: does Binance still make sense for Dutch Bitcoin buyers?

Binance is under fire from regulatory authorities. As a result, many Financial Authorities are taking measures against Binance. This also affects Dutch users. We wonder what’s going on. We also wonder whether it still makes sense to use Binance as a Dutch Bitcoin investor. Things in order.

What’s going on at Binance?

Binance has quickly become the largest crypto exchange in the world. Because they are active worldwide, they also have to comply with regulations per country that apply to the trade in crypto coins. That’s what happened at Binance. Waves is well known in crypto.

Binance has also used various means to keep out oversight and regulation. You can think of moving to a country where the regulations are less strict or facilitating payments too easily. This seemed impossible for a long time.

Financial authorities intervene

The situation is now different. Financial regulators of more and more countries are intervening against Binance. We previously provided an overview of measures. Measures against Binance are currently being announced daily by various countries. Yesterday, for example, it hit hard again. For example, Binance was banned from Malaysia and the authorities of India even opened a criminal investigation for fraud with gambling apps and facilitating money laundering.

Service providers follow authorities

If we are very careful, Binance has a problem when it comes to compliance, or financial reliability. As a result, more and more financial institutions such as banks and payment providers are suspending cooperation with Binance. As a result, Binance is able to offer fewer and fewer services and users notice that.

How is Binance itself reacting to the situation?

Until recently, Binance felt quite untouchable. For example, in May it was announced that it had no official headquarters and founder and CEO Changpeng Zhao (CZ for short) seemed to see the humor in that.

Meanwhile, the worldwide clash with the authorities is causing a change of course. The company announced major changes last week. This will create a structure with head offices. They also want to change the way of working. Even founder CZ seems to want to step aside. The question is whether these steps will come in time. Holo Crypto is well known in crypto.

What does the situation mean for Dutch investors on Binance?

First of all, crypto exchanges that offer the option to private individuals in the Netherlands are obliged to register with the AFM. We found no such registration of Binance in the registry. Nevertheless, it is still relatively easy to create an account and trade via Binance. However, a number of opportunities have disappeared due to the battle with regulatory authorities.

For example, the options to pay with iDeal and/or SEPA transfer have been suspended since mid-July. This means that there are still a limited number of payment options. Binance also appeared to put a line through the stock tokens trading. This option has already been blocked for new Dutch users. From October 14, existing users can no longer just change positions.

Futures trading for Dutch investors is now also prohibited

A new limitation has been added since yesterday. In a statement, it was announced that it is immediately impossible for new users to trade futures via the crypto exchange. Existing Dutch users have 90 days to close their futures positions on Binance. The crypto exchange also announces more restrictions for the so-called Bitcoin derivatives.

Is Binance still interesting for Dutch traders in crypto?

An answer to that question depends on a number of factors. The first question is what you want to use the crypto exchange for. If you ‘just’ want to buy and sell Bitcoin and other cryptocurrencies, Binance works of course. Also, the fees (0.1% maker and taker if you pay with Euros and 0.075% if you pay with BinanceCoin) are not exceptionally high. You should also realize that you cannot pay with iDeal or SEPA transfer. If you want to, consider an alternative, as discussed by our colleagues from Tradeincrypto.com (under the overview with live quotes).

In addition, Binance offers a number of other services (such as investing in mining and crypto loans) that many Dutch parties do not (yet) offer. However, the question is how long this offer will last. After all, further restrictions are announced.

In addition, the question is how long Binance will still be trusted and what further impact future actions will have ions from regulators. In short, your own research is best here too, although a free ‘reserve account’ on another exchange is always worth considering.

Want to stay informed of the latest price developments?

You can always follow the developments yourself with our WANT crypto analyzes or the background articles and previews on the crypto market and Bitcoin. Of course you can also follow the live prices 24 hours a day if you want to stay informed in real time.

Posted on by Arnold Holt
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What are the best options on the market when it comes to virtual private networks? This test will tell you everything about the safety of most VPN’s

DifferentVPN tests in recent months of which we have synthesized the highlights! Our last article covering a VPN test (that of Mullvad) was at the end of August 2014 and since then we have focused on: LiquidVPN, VPN. AC, Proxy.SH, IronSocket, VikingVPN, Perfect-Privacy, EarthVPN, IVPN, OverPlay (SmartDNS) and Unlocator (SmartDNS) are the tani VPN @ Polska.

It must be said that the use of VPNs has never been so necessary:

  • Restrictions of uses or services depending on the country! the F.A.I! the sites!. The various restrictions are a de facto situation more and more common. And they are numerous:
    • Censorship, Filtering, Surveillance of the Web in many countries with the striking example of China which cuts access to many sites or services according to its desiderata. The latest example is the Gmail service suddenly cut on December 26, 2014 as shown in this official graph of Google on real time data of traffic to Gmail – Fortunately France is still far from it!
    • The géo-restriction. This has nothing to do with a form of censorship, it is simply a question of copyright. All the online video sites (Replay, VOD) apply it. But many travelers or expats want to continue watching them, to keep a cultural link with their country of origin. Similarly, many Internet users want to access these contents even though they are foreign to the countries they are intended for. The most common cases are Hulu or Netflix USA, which limit (theoretically) the US catalog to American residents. The case of Netflix is quite symptomatic: for many years the platform’s catalog was not available outside the US but many VPN users used the IP change function to access it. But since a few months a settlement to European countries (+ Australia) has been engaged and since Netflix leaves a doubt on a possible blocking of VPN and other SmartDNS.
  • Internet à two speeds: Bandwidth limitation according to the sites visited. This procedure has existed for a long time. It is about containing the increase of the demand in bandwidth by slowing down some intensive uses. In the target video sites such as Netflix, YouTube, Hulu (In the U.S., YouTube and Netflix take up more than half of the bandwidth of the Internet); (In the United States, YouTube and Netflix take up more than half of the bandwidth in peak periods) and why not video X platforms which also generate a lot of traffic. Consequence: the platforms that refuse to pay will see their videos load very slowly!!!
    • Surveillance, retention of Logs. The case of France is quite symptomatic of increased surveillance: Officially since April 2014 the European directive on data retention is invalid following a decision of the High Court of Justice. But the national transpositions of this directive remain valid as long as these countries do not repeal the laws that have derived from it. Between the countries that declare that this directive is unconstitutional (Austria, Romania, Slovenia, Slovakia, Czech Republic, Hungary, Cyprus, Bulgaria), Germany that did not apply it in its law, the countries that did not apply it in their national law, the countries that did not apply it in their national law, the countries that did not apply it in their national law, the countries that did not apply it in their national law, the countries that did not apply it in their national law, the countries that did not apply it in their national law and the countries that did not apply it in their national law; The list of EU countries that do not apply this directive is starting to be long. Estonia, Greece, Latvia, Poland, Malta, Portugal and Croatia) are among those who have chosen not to repeal it. Fortunately, it has not taken the example of the United Kingdom or Switzerland, which have since April 2014 further strengthened their legislation on the retention of connection data (Logs).
    • On the other hand, France has been noticed at the end of 2014 with the implementation of the controversial article 20 of the military programming law (LPM) adopted a year ago and aimed at reinforcing the surveillance of the internet. The rationale and goals of these decrees are very simple, the CNIL summarized them in its release: The purposes for which the data may be requested have been extended and the list of services that may require such data has been corrected and expanded:  the commission notes that the data held by operators that can be requested is increasing, is accessible, and is available to a growing number of operators; In fact, it is the only way to ensure that the information held by the operators that can be requested is available to an ever-increasing number of organizations, either by judicial or administrative order or in execution of a right of access, and this for very different purposes. =In fact, it is like a legal headlong rush, we widen, widen the fields (for very legitimate reasons of fighting against terrorism, organized crime, etc.). But more and more services are allowed to access them, we create more and more files at the risk of not knowing who is managing them, the retention period is getting longer, with the final danger of crossing files; the CNIL is right to be concerned about the risks that result from this for privacy and the protection of personal data in Surfshark danske.

So VPNs are adapting to the market:

  • Putting forward geographical restrictions (Netflix, …) – For us Français it is mostly our replay services that require a FR IP. No difficulty to find one. The originality comes from VPN.AC.
      • VPN.AC offers French IPs coming from the F.A.I Free. Quite original and powerful because you êtes sûrs of the géolocation FR of these IPs. I na’vemently thought I could use them to connect to Free s free newsgroups using the news.free.fr address but I only had accessès the Hiérarchie Proxad!!!. These IP of Free are also a good way to access a whole set of services (Yahoo, Google, Bank, Paypal, Cloudflare) by having an IP that will not be recognized as an intrusion attempt! The case of Cloudflare is quite real. Many sites use it, it is placed between the Internet users and the website. It acts as a reverse-proxy: Any HTTP request destined to your site first goes through the CloudFlare servers, which analyze it and possibly block it. With VPN.AC and its Fr IP I have no worries about connecting to sites behind CloudFlare.
        Little reminder: you have three kinds of Ips.

        • Those coming in 95% of cases from a Hosting Provider (Data Center) type Leaseweb
        • More rarely from the VPN itself as IPVanish which manages its network, in this case the qualifier of Tier-1 VPN Network is attributed to it.
        • In the last case the IP comes from an F.A.I. In this case the IP is residential ip address which means that for a network administrator you are seen as a subscriber of this F. A.I. This is the example of VPN.AC which offers a residential French IP. The other VPN that is increasingly developing this concept is IAPS, which offers residential IP in more than 25 countries around the world like Surfshark thailand.
Posted on by Arnold Holt
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