Bitcoin Black Friday 2020 – Unmissable Offers

The Black Friday period is the perfect opportunity to purchase cryptocurrency-related products and services. Between wallets and trading platforms, we go around the best offers of „Bitcoin Black Friday“.

You know, securing your cryptocurrencies is a top priority, especially if you have the profile of a hodler . One of the best options on the market is currently offered by Ledger

On the occasion of Black Friday, the manufacturer of hardware wallets is offering up to -40% reduction on its two flagship models, namely the Nano X (71.4 € instead of 119 €) and the Nano S (42 , € 6 instead of € 59).

To take advantage of it, all you need to do is use the promotional code “ BLACKFRIDAY20 ” when placing your order. Offer ends November 30. Note that Ledger accepts payments in Bitcoin (BTC) and Bitcoin Cash (BCH) .

Another storage solution for your cryptocurrencies , Satochip . This startup offers an open source hardware wallet that will revive all cryptocurrency enthusiasts. In addition, Satochip’s wallets take the form of a simple credit card, ideal for carrying it everywhere with you.

For Black Friday, Satochip offers -25% on your entire basket , with the code “ Satochip-BF-2020 “

Satochip also accepts payments in Bitcoin (BTC), Bitcoin Cash (BCH) and Litecoin (LTC)

Ledger’s main competitor, Trezor also participates in Black Friday. All the products in his shop are eligible for a -20% reduction with the code “BLACKFRIDAY2020”. Promotion ends November 29.

Trezor also accepts Bitcoin (BTC)!

For fans of the technical analyst, the Trading View platform breaks the prices of its Pro, Pro + and Premium offers. In addition to rather interesting discounts, Trading View adds 1 free month to each subscription plan.

Banks threatened by cryptocurrencies? “Not our problem”, according to this central bank

MNBCs High Priority – Whether it’s the People’s Bank of China , the European Central Bank or the US Federal Reserve , their current obsession seems to be central bank digital currencies (MNBCs). With this major concern in mind, these large institutions do not have time to take care of their smaller counterparts, who are starting to suffer from the rise of Bitcoin Profit.

Adapt, or die (and in silence, please)

It’s a hell of a message, not very nice, that Jon Cunliffe , the vice-governor of the Bank of England (BoE) has just sent.

At a BoE meeting in London, reported by Reuters , the central banker explained that he did not care about the problems that domestic banks may have in the face of the growing adoption of cryptocurrencies and other digital currencies!

“Our job is not to protect the business model of the banks (…) The banks will have to adapt. Our job is to make sure that if the banking business model changes, we manage the financial and macroeconomic consequences. “

Traditional banks caught in the crossfire

Between the technological and economic advances represented by cryptocurrencies, on the one hand, and the digital currencies of central banks , on the other hand, commercial banks may no longer have a very large role to play in the economy of tomorrow. In any case, not without great efforts to adapt .

If Jon Cunliffe is so dry and sharp with the smaller banks, it is because he also fears for the life of the central banks themselves. For the vice-governor of the BoE, there is not a second to lose , the politicians having to also make the question of an MNBC their priority .

„We need [digital currencies] to get onto the political agenda fairly quickly, before it is too late, and politicians to find out that certain developments [of digital currencies] in the private sector do not match. not to their regulatory framework. „

For something like Bitcoin which would have „no intrinsic value , “ according to Bank of England Governor Andrew Bailey, this panic and rush might even seem quite paradoxical .

Stock market experiences enormous increase: Bullish for Bitcoin – or does it stay behind?

Following the positive news about the vaccine and the fact that a winner was finally announced in the U.S. presidential election, major U.S. stock indices such as the S&P 500 and the Dow Jones Industrial Average have set a new all-time high.

Could Bitcoin continue to rise due to its ongoing correlation with the stock market and finally reach a new high after three years of bear market?

S&P 500, Dow Jones reaches new all-time high with vaccine news

The price increase with Bitcoin in the past week was one of the bullishesten for years and brought the prominent crypto currency after market capitalization on scarcely under 16.000 US Dollar. The long-awaited „decoupling“ of the crypto currency and the stock market also arrived according to analysts, which explains the earlier weakness of the stock market compared with Bitcoin.

But with a winner in the U.S. election, the stock markets followed instead, rising to new all-time highs.
The S&P 500 rises to new all-time highs after positive news about vaccines became known

The S&P 500 set a new record, and the Dow Jones Industrial Average, which has only reached lower highs since Black Thursday, finally reached a new high for 2020.

The movement in the stock market is unexpected, as most analysts have concluded that a collapse is imminent. Several signs that the stock market has peaked have been completely ignored, and the markets appear to be completely irrational in the face of economic disaster.

And if instead stocks are bullish with a Biden victory – a combination that was also not expected – could this also push Bitcoin to a new all-time high in 2020?
2020: the year Bitcoin finally cracks $20,000?

Bitcoin was less than $4,000 away from setting a new all-time high last week. The ongoing rally has sparked a discussion about decoupling crypto assets from the stock market, but a surprising rally in stocks could keep the correlation going for some time.

Although it did indeed look as if Bitcoin would decouple from the stock market, today’s price movement and rally in the major U.S. stock indices, such as the S&P 500 and the Dow Jones, suggest that they could follow the crypto-currency market as they have in the past.

Was this the decoupling of Bitcoin, or are stocks beginning to follow what has become a leading indicator?

It is not clear why such a thing exists, but perhaps the constantly active crypto-market makes a change of mood among investors more susceptible and therefore appears before the rest of the financial market.

It is not the first time that Bitcoin is considered a leading indicator for the stock market. But the correlation is not only negative.

The recovery of the stock market has helped Bitcoin to continue to climb – and this recent surge to all-time highs could also be happening for Bitcoin.

Thus the crypto currency could finally test its previous high of $20,000 again.

L’adoption des bitcoins pourrait atteindre 90% d’ici 2030, affirme le fondateur d’une entreprise d’investissement

L’adoption a commencé lentement mais s’est accélérée au fil du temps.

Avec le récent afflux d’acteurs financiers traditionnels dans l’espace de la chaîne d’approvisionnement, combien de temps faudra-t-il pour que l’attribution de Bitcoin par les entreprises (BTC) devienne la norme ? Brian Estes, fondateur de la société d’investissement Off The Chain Capital, pense qu’il faudra 10 ans.

„Je pense qu’en 2029, 2030, lorsque 90 % des ménages américains et des habitants des États-Unis utiliseront la cryptocourant et le Bitcoin, alors je pense que cela deviendra un élément stable de l’économie, et pas seulement de l’économie américaine, mais je pense de l’économie mondiale“, a déclaré M. Estes dans une interview au Cointelegraph.

Le raisonnement d’Estes est basé sur une analyse de la courbe en S, une image graphique commune qui illustre la vitesse et le processus d’adoption des nouvelles technologies.

„Le temps qu’il faut pour qu’une nouvelle technologie passe de 0% d’adoption à 10% d’adoption est le même que celui qu’il faut pour passer de 10% d’adoption à 90% d’adoption“, a déclaré M. Estes.
Source : Capital hors chaîne

Les détenteurs d’actifs numériques représentent au moins 15 % de la population américaine de 18 ans et plus, selon les données de 2020 de la société de conseil Cornerstone Advisors, rapportées par Ron Shevlin, collaborateur de Forbes, en juillet. Le contrôleur des changes américain par intérim, Brian Brooks, a également commenté cette estimation de 15 % dans une interview accordée à CNN en août.

En 2019, seulement 10 % des personnes américaines détenaient des actifs cryptographiques, contre 0 % avant le lancement de Bitcoin début 2009, a souligné M. Estes. En avril 2019, les données de Blockchain Capital affirmaient que les détenteurs de Bitcoin représentaient 11 % de la population américaine.

„Il a fallu 10 ans pour que Bitcoin passe de 0 à 10 % d’adoption“, a-t-il déclaré. Selon l’analyse de la courbe en S, la CTB devrait atteindre une adoption de 90 % au cours de la décennie actuelle. Au vu des 15% de la population américaine qui détiennent la cryptographie en 2020, M. Estes a déclaré : „Nous sommes sur la bonne voie pour atteindre 90% en 2029.“

„Ce n’est plus un „si““, a dit M. Estes à propos de l’adoption de la cryptographie, ajoutant :

„Entre 0 et 10% d’adoption, c’est un „si“. Une fois qu’une nouvelle technologie atteint 10 % d’adoption, c’est un „quand“. C’est le même temps, et je peux vous donner de nombreux exemples – des ordinateurs personnels, à l’internet, aux télécopieurs dans les années 70, aux machines à laver dans les années 40, aux automobiles dans les années 30, aux chemins de fer dans les années 1800, à la navigation dans les années 1600 – c’est la même courbe d’adoption“.

En plus de MicroStrategy, Jack Dorsey’s Square et le milliardaire Paul Tudor Jones ont également fait de gros paris sur Bitcoin en 2020.