Tesla makes more from Bitcoin (BTC) than from cars

A brief note from an investment firm reveals that Tesla made more from its Bitcoin investment in January 2021 than from all of its 2020 car sales.

This emerges from a brief note to an analysis by Wedbush. The company is a private US investment firm based in Los Angeles. Wedbush manages approximately $ 2.4 billion in capital for its 6,000 customers.

The electric cars and Bitcoin

Tesla announced in early February that it had bought Bitcoin (BTC) for $ 1.5 billion in January 2021. This corresponds to about 8 percent of the company’s money supply. At the same time, the company announced that it would also accept Bitcoin as a means of payment for its products in the future. After the announcement became known, the Bitcoin price rose by 8.5%.

With its purchase, Tesla owns approximately 0.2% of all existing Bitcoin.

In his communication to the US Securities and Exchange Commission, Tesla stated that they bought Bitcoin in order to „diversify and maximize the return on our money portfolio more flexibly“.

Tesla profits from electric cars and Bitcoin

For the fiscal year 2020, Tesla has „only“ reported a profit of 721 million USD with regard to its electric cars . Revenue for that period was $ 31.5 billion.

Wedbush in its analytical note estimates that Tesla has made about $ 1 billion in profit on its $ 1.5 billion investment to date. It is not known whether Tesla has at least partially realized this profit, i.e. sold Bitcoin. Based on these numbers, Tesla would have made around USD 279 million more from Bitcoin within a month than from car sales.

Various observers criticized Tesla’s approach. Elon Musk tweeted on February 18:

Tesla’s approach does not directly reflect my opinion. Holding some Bitcoin, which is simply a less stupid form of liquidity than money, is adventurous enough for an S&P500 company.

He further wrote in another tweet:

To be clear: I am * not * an investor, I am an engineer. I don’t even own stocks, except Tesla’s.

But if fiat money has negative real interest rates, just a fool wouldn’t look for anything else. Bitcoin is almost as nonsense as fiat money.

The important word is: „almost“.

Bitcoin still on rocket course

More and more large financial institutions are currently getting into Bitcoin, which is driving the price to new all-time highs. If you consider that these are probably just the tender beginnings, the Bitcoin HODLers will be happy.

Brittisk finansiell rådgivare uppmanar regeringen

Brittisk finansiell rådgivare uppmanar regeringen att förbjuda kryptotransaktioner

Veteran finansiell rådgivare Neil Liversidge kom till den brittiska regeringen och parlamentet med en framställning om att förbjuda kryptotransaktioner.

Neil Liversidge, en veteran finansiell rådgivare, har uppmanat Storbritanniens regering att förbjuda transaktioner i kryptovalutor som Bitcoin (BTC).

Liversidge, ägaren till det oberoende finansiella rådgivningsföretaget West Riding Personal Financial Solutions, inledde en framställning där man uppmanade Bitcoin Billionaire lokala finansmyndigheter att stoppa kryptotransaktioner i Storbritannien. Framställningen lyder:

„Lagar för att förbjuda betalning eller acceptans av kryptovalutor av företag eller privatpersoner som är bosatta i Storbritannien, och kräver att brittiska tillsynsmyndigheter (FCA och PRA) förbjuder transaktioner från brittiska finansinstitut i kryptovalutor som Bitcoin.“

Liversidge citerade en gemensam antikryptoberättelse och hävdade att krypton som Bitcoin inte har något inneboende värde och „kan vara ett destabiliserande inflytande på samhället och ofta används för kriminell aktivitet.“ Rådgivaren tycker också att kryptovalutautvinning är ”skadligt för miljön.”

Enligt den brittiska regeringens och parlamentets webbplats är framställningsfristen den 7 juli 2021. Vid framställningen har framställningen samlat 108 underskrifter.

Polisen kommer aldrig att fånga dem alla

I en 13 januari-intervju med en finansfokuserad publikation Professional Adviser noterade Liversidge att ett helt förbud mot kryptotransaktioner i Storbritannien kommer att hjälpa tillsynsmyndigheten att minska kraften hos brottslingar som använder krypton som Bitcoin för olaglig aktivitet. „Polisen kommer aldrig att fånga dem alla, det kommer inte ens att fånga de flesta av dem, men att förstöra deras ekonomiska bas minskar deras makt“, hävdade IFA.

Liversidge sa också att ett kryptoförbud omedelbart skulle utlösa en krasch på marknaden: „Om den brittiska regeringen tar en ledning genom att förbjuda transaktioner på kryptos som min framställning begär, kommer det att utlösa en kedjereaktion, krascha kryptos över natten,“ sa han.

IFA: s dom är att alla kryptoinvesterare omedelbart ska sälja sina innehav: „Så om du håller kryptor nu, är mitt råd till dig att hitta en större idiot än dig och dumpa dem snabbt.“ Liversidge berättade också för Cointelegraph att han „aldrig ägt något och aldrig skulle köpa något“, krypto, även om han visste att det skulle ge honom hundratals procent av avkastningen.

Bitcoins pågående rally som driver priset upp till $ 42 000 har definitivt drivit globala Bitcoin-naysayers att äntligen prata Bitcoin efter att de mest hållit tyst 2020. Den 14 januari föreslog den ryska statsduma-medlem Anatoly Aksakov att globala myndigheter skulle förbjuda kryptobetalningar eftersom Bitcoin är en bubbla som är redo att spricka „förr eller senare.“ Den 13 januari förklarade Europeiska centralbankens ordförande Christine Lagarde att Bitcoin är en „mycket spekulativ tillgång“ och en „rolig verksamhet“ som hjälper penningtvättare.

Investment guru switches gold into bitcoin

Digital is better: investment guru switches gold into bitcoin

Christopher Wood, macro investor and crisis prophet by trade, is shifting part of his gold position into Bitcoin. This adds another notable investor to „Team Bitcoin“.

The dominant bitcoin theme in 2020 has arguably been the influx of institutional investors into the crypto market. As announced on Friday 18 December, another Bitcoin Hero big-name investor has jumped on the crypto bandwagon.

Christopher Wood, Global Head of Equity Strategy at investment bank Jefferies Group, is selling part of his gold position in favour of Bitcoin. This was first reported by Business Insider, citing GREED & fear, an investment newsletter for professional investors published by Wood.

According to the report, Wood will reduce the gold position from his pension fund from 50 percent to 45 percent and invest the proceeds in BTC. The investment strategist, who is known for predicting the subprime crisis in the USA in 2007, remains a gold bull. But should BTC correct significantly downwards, Wood reserves the right to expand his crypto position even further.

The 50 per cent weighting of physical gold bullion in the portfolio will be reduced by five percentage points for the first time in several years. I will invest the proceeds in bitcoin. If there is a large drawdown in bitcoin from current levels following the historic breakout above the 20,000-USD mark, the intention will be to add to this position,

Wood writes in GREED & fear.

Chris Wood has been looking at Bitcoin for quite some time. Until now, however, the risks were too great or incalculable. It was not clear whether BTC was really immune to hacks. The sword of Damocles of a ban has also kept him from allocating to the „Orange Coin“.

In addition to the five per cent Bitcoin position and the 45 per cent position in physical gold, Wood holds 30 per cent in the Asian stock market (excluding Japan) and 20 per cent in shares of gold miners.

The portfolio composition speaks for itself: Wood expects significant price gains for the yellow precious metal.

Bitcoin rather than gold

Shifting gold in favour of Bitcoin is a trend. Most recently, BTC-ECHO reported on the British investment company Ruffer, which wants to put 2.5 percent of its portfolio into the cryptocurrency. The investment was made at the beginning of December and was at the expense of its gold position.

Huone kasvulle? Vain 10% Yhdistyneen kuningaskunnan kansalaisista on ostanut Bitcoinia

Vain 10% Yhdistyneen kuningaskunnan kansalaisista on ostanut BTC: n, mutta omaisuus on suurelta osin suosittu Lontoossa, koska joka neljäs asukas on ostanut sen, kyselyn mukaan.

Huolimatta hinnan ja suosion kasvusta viime kuukausina, bitcoin on edelleen kaukana massojen huomion saamisesta. Tuoreessa Isossa-Britanniassa kootussa tutkimuksessa todettiin, että vain 10% osallistujista oli ostanut BTC: n, ja lontoolaiset muistuttavat eniten bitcoin-altistusta.

10% Yhdistyneen kuningaskunnan kansalaisista osti BTC

Salausvaluuttamarkkinoiden viimeisimmän kehityksen jälkeen, kun hinnat alkoivat jälleen kukoistaa, Opinium ja AltFi tekivät kyselyn kerätäkseen ihmisten näkemyksiä digitaalisista varoista.

Molemmat järjestöt kysyivät 2000 brittiläiseltä aikuiselta, kuinka COVID-19-pandemia on vaikuttanut heidän taloudelliseen tilanteeseensa, ja suurin osa väitti, että he ovat kääntyneet digitaalisten investointien puoleen pidättäytyessään fyysisestä omaisuudesta.

Kun tutkimus kaventui bitcoiniin ja muihin kryptovaluuttoihin, tulokset osoittivat merkittävää kasvumahdollisuutta. Vain 10% (tai 200 ihmistä) vastaajista sanoi ostaneensa digitaalisia aineistoja.

Huolimatta siitä, että prosenttiosuus on edelleen suhteellisen pieni, vuoden 2020 tuloksia voidaan pitää vuotuisena parannuksena. Vastaava tutkimus vuoden 2019 lopusta osoitti, että 5,3% osallistujista oli ostanut kryptovaluuttoja.

AltFi-tutkimus osoitti myös, että Revolutin ja Freetraden kaltaiset alustat olivat houkutelleet huomattavan osan uusista sijoittajista. Muita suosittuja paikkoja olivat Google Pay ja Apple Pay – 28% kryptovaluutta-ostajista käytti kumpaakin.

Lontoolaiset kuten Bitcoin

Hieman yllättävää, että yhden maailman tärkeimmän finanssikaupungin – Yhdistyneen kuningaskunnan pääkaupungin Lontoon – kansalaiset näyttivät olevan avoimimpia bitcoinia kohtaan. Lähes 25% kaikista Lontoossa sijaitsevista osallistujista kertoi ostaneensa BTC: tä tai muuta kryptovaluutta.

Toisaalta vähiten „bitcoin-ystävällinen kaupunki“ Yhdistyneessä kuningaskunnassa osoittautui Plymouthiksi, ja vain yksi asukas oli ostanut virtuaalivaroja.

Tutkimus vahvisti myös kertomuksen, jonka mukaan nuoremmat sukupolvet jakavat todennäköisemmin varoja BTC: ssä. Lähes 20% 18-34-vuotiaista on jo tehnyt niin, kun taas prosenttiosuus laski vain yhteen, kun osallistujat olivat vähintään 55-vuotiaita.

Aiemmin JPMorgan julkaisi raportin, jolla oli sama tulos. Se kertoi, että COVID-19-pandemia oli tuonut esiin merkittäviä eroja nuorempien ja vanhempien sukupolvien keskuudessa sijoitusmenetelmissä. Johtopäätöksenä oli kuitenkin, että iäkkäät sijoittajat suosivat edelleen kultaa, kun taas nuorilla on suurempi riskinsietokyky ja heillä on taipumus mennä bitcoinin kanssa.

Il prezzo „realizzato“ di Bitcoin raggiunge un altro record assoluto

Le metriche della Bitcoin sono buone: il suo prezzo „realizzato“ e il suo tetto hanno raggiunto oggi nuovi massimi.

In breve

Come aumenta il prezzo attuale della Bitcoin, così aumenta anche il suo prezzo „realizzato“.
Oggi il suo prezzo „realizzato“ ha raggiunto il massimo storico di 7.670,15 dollari.
Anche il prezzo „realizzato“ della Bitcoin ha raggiunto un nuovo massimo storico.

Il prezzo della Bitcoin è in rialzo, ma non è l’unico record metrico.

Oggi, il prezzo „realizzato“ di Bitcoin Circuit ha raggiunto il massimo storico di 7.670,15 dollari, secondo i dati del sito di metriche Glassnode.

Il prezzo „realizzato“ è diverso dal prezzo reale in quanto si riferisce al valore delle monete che vengono utilizzate attivamente. Esso monitora il valore della crittografia attiva ed esclude le monete perse o le monete crittografate lasciate dormienti nei portafogli per anni.

Si calcola dividendo la capitalizzazione „realizzata“ per l’offerta circolante.

E oggi anche la capitalizzazione „realizzata“ di Bitcoin ha raggiunto il massimo storico di 142,43 miliardi di dollari, ha annunciato Glassnode.

Bitcoin ha raggiunto il massimo storico prezzo di realizzo, mentre i detentori della ricchezza si distribuiscono

Il „prezzo realizzato“ della Bitcoin ha appena raggiunto il massimo storico, in concomitanza con l’acquisto della sua offerta in circolazione da parte di piccoli correntisti, oggi più che mai.

Questa metrica, ideata dalla società di analisi Coin Metrics, misura il valore aggregato di una rete di criptovalute moltiplicando ogni criptovaluta per l’ultima volta che si è mossa.

Quindi, se una moneta si è mossa per l’ultima volta nel 2018 quando il prezzo era di 4.000 dollari, la metrica tiene conto di quel prezzo, piuttosto che del prezzo odierno, nel calcolare il limite „realizzato“.

Questi nuovi massimi di tutti i tempi sono indicativi di un mercato sano: Il prezzo della Bitcoin ha battuto i record di quest’anno come un’esplosione di interesse per il mondo cripto – in particolare la finanza decentralizzata – e l’interesse degli investitori istituzionali ha portato più persone ad investire nella valuta.

Il prezzo attuale del Bitcoin oggi ha superato la soglia dei 19.000 dollari, raggiungendo i 19.171 dollari – un aumento del 4,42% nelle ultime 24 ore, secondo i dati di CoinMarketCap.

23,000 Banco24Horas ATMs in Brazil can now draw cryptomyces

Customers of the network of thousands of ATMs in 800 cities in Brazil can now draw cryptomoedas in real from a partner with Capitual.

 

23 thousand ATMs of the Banco24Horas network in Brazil can now withdraw cryptomoedas NEWS

 

 

ATMs of Brazil’s largest ATM network, Banco24Horas, can now withdraw cryptomoedas in real money anywhere in Brazil, as Banco Capitual’s advisor announced in an e-mail sent to Cointelegraph Brasil.

 

Banco cripto Revolut has been fighting for more than a year to enter Portugal’s ‚Multibanco‘, a digital transaction network and ATMs

The partnership between Capitual and Banco24Horas was announced in August this year and has just been implemented. Capitual offers a digital wallet with cryptomotes and other fiduciary currencies besides the real, such as euro, dollar and pound sterling, and gold.

 

At Banco24Horas ATMs, Capitual’s clients will be able to instantly convert any of the funds into the digital wallet, with real settlement at the time of withdrawal.

 

The Banco24Horas network has no less than 23,000 ATMs throughout Brazil, distributed in 800 municipalities in the country. With the partnership, Brazil becomes the country with the largest number of crypto ATMs in the world, although the service is restricted to Capitual customers.

 

According to CoinATMRadar, the countries with the largest number of crypto ATMs today are the United States (10,000), Canada (975) and the United Kingdom (242). The numbers of the partnership between Capitual and Banco24Horas, therefore, put Brazil in the spotlight in the cryptosphere.

 

Bitcoin ATMs are increasing in this Latin American country

According to the CSO of Capitual, Guilherme Nunes, the partnership is unprecedented in the market and the idea is to add financial services to the crypto market more and more:

 

„Our proposal is innovative and there is no similar in the market. We have advanced in the concept of digital banking by adding to traditional banking services the opportunity to invest in crypto and use them quickly and easily in withdrawals, transfers, payment of bills“.

 

Banco Capitual has launched other initiatives to integrate cryptoesfera into the Brazilian market. In October, the bank partnered with Binance International Exchange to facilitate withdrawals and real deposits for clients in Brazil.

 

Cryptomote ATMs continue to grow globally in 2020

In addition to the partnership between Capitual and Banco24Horas, the network of cryptomorph ATMs in Brazil has also grown on other fronts in the last quarter of 2020. In early November, the CoinCloud network announced a series of 11 cryptomode ATMs installed in São Paulo, promising a national ATM network by the end of the year.

Bitcoin (BTC) on the front page of the Wall Street Journal

The mainstream press had shown little interest in the new bull run of Bitcoin (BTC), which has come close to its historical record in the last few days. But is this changing? The Wall Street Journal has indeed distinguished itself by displaying the cryptomony on its front page yesterday.

Bitcoin (BTC) on the front page of the Wall Street Journal

The Wall Street Journal is one of the world references in terms of financial market analysis, but until now it has not turned its gaze to Bitcoin. However, the Traders‘ Bible has changed course: yesterday it published a chart of the BTC price, with an analysis of the reasons that propelled cryptomony to its historical peak :

The Wall Street Journal points out that Bitcoin has risen by more than 50% in the last month alone: a performance that is hardly equalled in the world of traditional finance.

The institutionals behind this breakthrough?

As for the reasons for this craze, the publication indicates that the arrival of major investors may have allowed Bitcoin Optimizer Scam to explode. Renowned investors Paul Tudor Jones and Stanley Druckenmiller have both expressed their enthusiasm for cryptography. Druckenmiller even explained:

„Frankly, if the gold bet works, Bitcoin will work even better because [its market] is smaller and less liquid. »

The funds entrusted to Grayscale, an asset manager for institutional investors, also show this change. A few days ago, we learned that Grayscale now manages 500,000 bitcoins… That’s $8.4 billion, or 2.4% of the outstanding supply. The arrival of Bitcoin on the pages of the Wall Street Journal could therefore create a new wave of investment.

Aave kohenee 20% DeFi-kolikoiden aloittaessa uusiutumisen Ethereum-rallin

Aave kohenee 20% DeFi-kolikoiden aloittaessa uusiutumisen Ethereum-rallin jälkeen

Hajautetun rahoituksen (DeFi) parhaat kolikot, kuten AAVE, ovat parempia viime päivän aikana. Vaikka Bitcoin ja Ethereum ovat molemmat kasvaneet massiivisesti tänään, AAVE on noussut 18,5% yksin viimeisten 24 tunnin aikana. Tämä suorituskyky tekee siitä markkinoiden parhaiten menestyvän Bitcoin Code digitaalisen omaisuuden 100 parhaan joukossa. AAVE on nyt noussut noin 10% viikolla CoinGecko-tietoja kohti.

Tämä ralli korostaa kasvavaa / jatkuvaa mielenkiintoa DeFi: tä kohtaan, joka on edelleen saanut vahvaa vahvuutta epävakaasta hintatoiminnasta huolimatta. Joidenkin arvioiden mukaan DeFi-käyttäjien määrän odotetaan pian saavuttavan miljoonan, mikä tekee siitä yhden ensimmäisistä salaustekniikoista, jotka monet ovat ottaneet käyttöön.

Aave hyötyy tästä trendistä, koska se on ekosysteemin ytimessä lainojen ja lainojen rahamarkkinoina.
Lataa päivitykset ja ilmaiskierrokset joka päivä kaikille pelaajille mBitcasino Crypto Autumn Bonanzassa!

AAVE on noussut 20% pelkästään viimeisten 24 tunnin aikana ETH: n hinnan vahvuuden keskellä.

Ethereum on noussut noin 5% viimeisten 24 tunnin aikana ja noussut 580 dollariin, kun se on vakiinnuttanut alle 540 dollaria useiden päivien ajan.

Näiden voittojen tulee olla tippuvia Ethereum-pohjaisten kolikoiden, kuten AAVE, alkuun.

AAVE on yksi johtavista Ethereum-pohjaisista DeFi-kolikoista, jonka arvo on 890 miljoonaa dollaria. Se on hallintomerkki, jonka avulla käyttäjät voivat hallita Aave-protokollaa; kolikkoa käytetään myös protokollan backstopina häiriön sattuessa.

Tämä viimeinen osa on korkeampi, kun Aave on asettanut tärkeän virstanpylvään. Kuten Aave-tiimiin kuuluva Marc Zeller huomautti:

„3 koomaklubilla on aivan uusi jäsen @AaveAave Flash -lainoilla. Miljardi kiitos kaikille kehittäjille, jotka ovat innovaatioiden edelläkävijöitä, @DeFiSaver @fifikobayashi ja kaikille muille. Ei voi odottaa, että kaikki kokeilet saumattomia lainoja, jotka ovat mahdollisia @AaveAave v2: n kanssa. „

Aiheeseen liittyviä lukuja: Tyler Winklevoss: Pääoman tsunami on tulossa Bitcoinille

DeFi takaisin muodissa

Tämä ralli tulee, kun DeFi-avaruuden perustekijät ovat edelleen parantuneet nopeasti.

Huippudataseurannan DeFi Pulse mukaan kolmansien lukittu kokonaisarvo hajautetuissa rahoitussopimuksissa ylitti vain 14 miljardia dollaria.

Tämä on noin 500 miljoonaa dollaria, josta tämä mittari alkoi vuonna 2020.

Analyytikot ovat optimistisia siitä, että DeFi-tila kasvaa edelleen positiivisen teknologian ja hintakehityksen keskellä. Tämän pitäisi johtaa avaruuteen liittyvien huippukolikoiden arvojen edelleen kasvu

Institutional investors prefer Bitcoin to gold. This is what JP Morgan’s analysis, shared by Grayscale’s managing director Michael Sonnenshein, reports.

A chart shared on Twitter shows that the investments of Grayscale Bitcoin Trust are significantly higher than those of gold ETFs.

The Bitcoin curve shows a net growth as of January 2020, almost topping out in October 2020, coinciding with the high Bitcoin price growth.

The gold investment curve also shows a growth, but much lower. He writes about this in the JP Morgan report:

„What makes the October trajectory of the Grayscale Bitcoin Trust even more impressive is its contrast to the trajectory of the gold ETFs, which after all has seen a modest outflow since mid-October. This contrast supports the idea that some investors who previously invested in gold ETFs are now looking to Bitcoin as an alternative to gold.

And it goes on:

„The potential long-term benefit for bitcoin is considerable if it competes more intensively with gold as an „alternative“ currency, as the market capitalization of bitcoin is expected to increase 10 times from here to reach the total private sector investment in gold via ETFs or in bars and coins“.

Grayscale itself has recently increased its funds in cryptocurrency to meet the growing demand of institutional investors.

Why investors choose Bitcoin instead of gold

It seems that the price growth of Bitcoin and its solidity can no longer be ignored.

After all, the comparison with gold speaks for itself. Bitcoin, from January to today, has seen a growth of more than 100%, from 7,200 dollars at the beginning of 2020 to the current 15,000, values that it has not seen since January 2018. It was the time of the bursting of the speculative bubble. Today, however, the situation is clearly different.

Gold has certainly not disfigured. It opened the year at 1,500 dollars an ounce, then in August it reached the annual historical record of over 2,000 dollars. It is currently worth around 1955 dollars an ounce, with a YTD increase of 29%. In short, it is a modest trend if compared to that of Bitcoin.

This explains why institutional investors are reviewing their portfolios.