Monat: Januar 2021

Banks close Trump accounts with millions of dollars

Four banks cut off relations with former US President Donald Trump and closed their accounts. Bank United, where Trump had between $5 and $25 million at the end of 2020, announced the decision on Thursday (21).

„We have no further relationship with him,“ a Bank United spokesman told The Washington Post, without clarifying the reason for cutting off relations. The bank had been used by Trump since at least 2015, as seen in one of the former president’s financial statements.

The Florida-based bank’s announcement follows similar moves by other banks, such as Signature Bank and Deutsche Bank. The companies severed ties with Trump after the US Capitol invasion on 6 January.

At the time, the company’s spokeswoman, Susan Turkell, issued a criticism of Trump, asking him to step down. „Signature Bank assures that it will not do business with any member of Congress who has voted to disregard the Electoral College,“ Turkell told NBC News.

The Professional Bank also announced last week that it had closed Trump’s accounts.

He had at least $25 million in a financial market account at the bank, paying up to $1 million in interest per year. Trump’s relationship with the bank began in 2018, when the bank provided him with a mortgage to buy his sister’s house in Palm Beach.

Attack on the Capitol
Democrats and the media accuse Trump of inciting an attack on the Capitol by referring to excerpts from a speech he gave the same day in Washington.

New York Mayor Bill de Blasio announced earlier this month that the city will close commercial contracts with Trump.

„I am here to announce that New York City is terminating all contracts with the Trump Organization,“ he told MSNBC.

Blasio said that the Trump Organization has profits of about $17 million per year on contracts to manage two ice rinks and a carousel in Central Park, as well as a golf course in the Bronx.

A Trump Organization spokesman said the city cannot cancel the contracts.

„New York City does not have the legal right to terminate the contracts and, if it decides to proceed, it owes Trump Organization more than $30 million,“ the spokesman said in a statement. „This is nothing more than political discrimination, an attempt to infringe the First Amendment, and we plan to fight vigorously.

Eric Trump, Trump’s son told the Associated Press that severing ties is part of a „culture of cancellation.

„We live in the age of the culture of cancellation, but that’s not something that started this week. It’s something they’ve been doing to us and to others for years. If you disagree with them, if they don’t agree with you, they try to cancel you“.

Fundstrat strategist: Ether could climb to US$10,500

Fundstrat strategist: Ether could climb to US$10,500

Ether is moving forward with its proof-of-stake upgrade and has huge DeFi potential. The new all-time high to this could lead to a rise to over US$10,000, according to a Fundstrat analyst.

After hitting a new all-time high, the Ether price could Crypto Code potentially climb to US$10,500, according to a strategist at major market research firm Fundstrat Global Advisors.

Fundstrat strategist David Grider commented in a note to investors on Tuesday that ETH had reached new all-time highs of around US$1,430, Bloomberg reported. Grider said the second-largest cryptocurrency could climb more than sevenfold to US$10,500 after setting that new record.

The strategist said Ether was now „the best risk/reward investment play in crypto“ and stressed that the Ethereum blockchain was the biggest foundation for DeFi applications. „Blockchain computing could be the future of the cloud,“ Grider said.

Ethereum is currently working on its proof-of-stake upgrade and its network could create significant scale and process transactions at a similar level to Mastercard and Visa, the strategist added.

ETH finally managed to surpass its previous all-time high on 19 January 2021

This happened about 10 days after Bitcoin reached its recent all-time high of $42,000 on 8 January. Although Bitcoin beat Ether to become the first coin to hit a new all-time high since 2017, Bitcoin appears to be less popular than Ether in terms of daily transactions so far. According to data from crypto analytics firm Messari in January, the Ethereum network has now recorded up to 28 per cent more daily transactions than Bitcoin.

At the time of going to press, ETH was at around US$1,290. That’s a drop of about 9 per cent in the last 24 hours. Over the past 30 days, the altcoin has risen by more than 100 per cent, according to Cointelegraph’s ETH price index.

Bitcoin on Track to Hit ‚$200.000 minimo‘ dice l’analista in linea Willy Woo

L’eminente analista di crittografia a catena Willy Woo ha rivelato che ritiene che il prezzo del bitcoin raggiungerà almeno i 200.000 dollari sulla base di un recente movimento al rialzo della capitalizzazione superiore del suo modello di prezzo.

Woo condivide il cambiamento su Twitter

Woo condivide il cambiamento su Twitter, sottolineando che ora ritiene che un obiettivo di prezzo di 100.000 dollari sia „troppo basso“, e BTC è invece „sulla buona strada per un minimo di 200.000 dollari“. La metrica top cap è stata creata da Willy Woo ed è la capitalizzazione di mercato della criptocurrency moltiplicata per 35.

Storicamente, la capitalizzazione di mercato della criptovaluta ha „uguagliato i top di mercato“, il che significa che il bitcoin potrebbe raggiungere i 200.000 dollari e poi correggere significativamente dopo l’encierro che lo porta lì. Guardando i grafici di Woo, la metrica ha effettivamente raggiunto diversi top di mercato.

Nel 2013 il prezzo della criptocurrency ha raggiunto un massimo di 230 dollari prima di essere corretto, corrispondendo all’indicatore del top cap. A dicembre di quell’anno anche BTC era scambiata a $1.000 vicino all’indicatore. Il successivo top del mercato è stato raggiunto alla fine del 2017, quando il bitcoin ha raggiunto un massimo vicino a $20.000 e il metrico lo uguagliava a $20.300.

Gli indicatori dell’analista includono anche quello del Cumulative Value Days Destroyed (CVDD), che „ha storicamente raccolto il fondo del mercato. Il metrico ha misurato accuratamente il fondo del prezzo del bitcoin nel 2015 di 150 dollari, e il suo fondo leggermente superiore ai 3.000 dollari nel dicembre 2018.

Il che implica che se BTC

Sui grafici di Willy Woo, il CVDD si attesta attualmente a 6.6000 dollari, il che implica che se BTC dovesse entrare in un mercato orso nel prossimo futuro, il suo fondo si aggirerebbe intorno ai 6.600 dollari. Vale la pena di notare, tuttavia, che alla fine del 2017, quando BTC era al suo massimo, il CVDD era di 1.776 dollari e progrediva fino a oltre 3.000 dollari sul mercato degli orsi, che durava da un anno.

Woo, vale la pena notare, alla fine dell’anno scorso ha detto che il prezzo del bitcoin che ha raggiunto il milione di dollari è una possibilità, e ha affermato che una previsione di prezzo di 100.000 dollari era „molto prudente“, puntando invece ad una valutazione tra i 100.000 e i 200.000 dollari per questo ciclo.