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GRIN Review: MimbleWimble Based Privacy Focused Crypto

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Grin is a project that has had many cryptocurrency enthusiasts smiling thanks to its primary features – cutting edge privacy tech built on the Mimblewimble protocol.

Recently I did a review on Beam, another well known implementation of MimbleWimble. This got me really interested in the protocol and hence I decided to take a look into another popular WM implementation.

So, can Grin really compete and should you consider it?

In this Grin review, I am going to be taking an in-depth look at the project. I will also take a look at the adoption potential and use cases for the GRIN coin.

What is Grin?

Before we can take a look into the technology behind Grin, we have to understand what are the main ideas that are driving the project forward. This is a project that is entirely community driven and as such has to rely on the these general guiding principles:

  • Strong privacy by default. This gives Grin complete fungibility, and the ability to release information as needed is built into the blockchain.
  • Rather than scaling based on the number of transactions, Grin scales with the number of users, which saves space on the blockchain.
  • The blockchain has a simple, yet elegant design that permits ease of maintenance and easy auditing.
  • Strong cryptography provides security.
  • The entire project is community-driven, and the blockchain is focused on mining decentralization.

So, these are pretty straightforward goals that may seem easy to achieve. However, there are often a number of competing factors at play that make it harder to realise in practice. For a simple example, you the blockchain Trilemma – the notion that scaling, security and decentralisation are a trade off.

Grin Features

However, Grin has some unique features which place it in a strong position to achieve these goals.

  • Mimblewimble Protocol – The Mimblewimble protocol is how Grin provides privacy by allowing transactions to be verified while hiding the user and amount details. Grin uses Pedersen Commitments as a way to hide these inputs and outputs.
  • Scalability – Because Grin stores only the unspent outputs and small kernel of data for each transaction it is able to slowly grow blockchain data and scale based on the number of users rather than the number of transactions.
  • Organic Launch – Grin launched with no pre-mine and no ICO, nor does it allocate a portion of mining rewards to the developers or an organized Foundation. The entire project runs on donations, and the team has pledged to never acquire any capital with the expectation of future returns to influence the decision-making process.
  • Cuckoo Cycle – The Cuckoo Cycle is the algorithm behind Grin’s proof of work consensus mechanism. It uses memory bandwidth rather than processing power, which allows it to maintain highly decentralized mining.

Now that you have a general high level understanding of the Grin project and its main features, we can dive into some of its more advanced technology.

Grin Technology

It should be noted at the outset that the nature of Grin is purely transactional. There is no capability for adding additional data through scripting, which means the blockchain won’t be used for smart contracts or dApps.

Grin wasn’t designed to be a store of value like Bitcoin, and the developers wanted to discourage speculation so Grin was created with an infinite supply and annual reductions in inflation to encourage spending rather than hoarding.

In usage, the transactions in Grin are quite unique because they contain no addresses or amounts. Plus, two transactions can merge in a block to form just one transaction, thus removing any intermediary information.

Each Grin transaction has three pieces:

  1. A set of inputs which reference and spend previous outputs;
  2. A set of new outputs (referred to as Pedersen Commitments);
  3. A transaction “kernel”.

In such a scheme there is only one way to see the inputs and outputs of a transaction, and that’s to be a direct participant in the transaction.

Grin Coin Privacy
Transactions hidden from site on MimbleWimble. Image via Grin

To those who aren’t directly involved the inputs and outputs look like random data and they have no meaning. Finally, the added kernel contains additional transaction data such as the signature and any mining fees.

By using this unique type of transaction and a unique block format Grin achieves its scalability. The scheme uses outputs to be spent by inputs, which then allows them to be removed from the blockchain, which works to keep the amount of data stored by the blockchain relatively small.

This is the key to how Grin scales based on the number of users rather than the number of transactions. Because the number of users is equal to the number of unspent outputs, we don’t need to include individual transaction data in each block.

In this scheme a block in the Grin blockchain consists of the following elements:

  • A header;
  • List of inputs after cut-through;
  • List of outputs after cut-through;
  • A single kernel for the entire block;
  • A kernel for each individual transaction contained in the block.

The term “cut-through” used above means the process of assembling inputs or outputs of transactions into a single set before adding them to the chain.

Consensus in Grin

Grin’s consensus algorithm is called Cuckoo Cycle and it is a type of Proof-of-work algorithm that was specifically designed to be ASIC resistant. It pulls this off by being a memory-bound algorithm that uses memory bandwidth to determine solution time rather than being dependent on GPU speed or processor power.

Cuckoo Algorithm
Projects that are using the “Cuckoo Algorithm”. Image via GitHub

This makes mining with Cuckoo Cycle less energy-intensive and allows users with regular GPUs and CPUs to mine Grin coins. By avoiding ASIC mining and opening up mining to a broader variety of hardware the Grin team believes mining will see an increase in decentralization as opposed to the increased centralization that’s been seen in other PoW blockchains.

Grin’s implementation of the Cuckoo Cycle uses a difficulty target that evolves based on the network hash power that’s available. This difficulty target has been implemented to keep the block solution time within a given range, which is currently 60 seconds.

The Grin Team

Because Grin was not developed by a single company or entity there is no CEO of Grin, nor is there even an official team with a head of this or that. There are several companies that have been backing the project, but none of them control its direction.

The Grin Github shows 79 different contributors to the project since October 2016, and all of them are volunteers who are either unfunded or funded through donations from the Grin community. The vast majority of the commits have been made by six individuals, all of whom remain anonymous, with no public profiles available.

Grin Contributors
Some of the top Contributors to the Grin Project

Besides the large number of private individuals who have donated to the Grin project, there have also been donations from several mining pools, and exchanges, including Spark Pool and bminer on the pool-side, and Gate.io and Poloniex on the exchange side. The Qtum project has also been a contributor to Grin.

Grin General Fund

I cannot mention donations without talking about the Grin General Fund. These are the funds that are used in order to cover the costs of general development on the protocol. This fund is managed exclusively by the Grin technical council and all of the spending decisions are made public.

If you wanted to donate to the Grin General Fund then the two options that you currently have are through Bitcoin and GRIN. For example here is their Bitcoin Legacy address which shows that they have about 13 BTC at their disposal – so pretty sizable

GRIN vs BEAM

Both Grin and Beam are aiming to provide the best transactional privacy-by-default cryptocurrencies, but they go about it in different ways.

While Grin is basically a community-driven project that relies on community consensus and donations to operate, Beam has taken more of a start-up model that allows it to make decisions and ship code faster, as well as giving it an advantage in hiring employees which includes a sales and marketing team.

Grin vs. Beam
The Battle of the MimbleWimble Implementations

Which model is better? That’s clearly a toss-up and depends on the perspective of the person considering the two projects. The community model holds true to the original ethos of cryptocurrencies, but the start-up model is far more functional.

Ultimately it depends on whether you value the community-driven model for blockchain development or the start-up path that leads to faster development and increased innovation.

The GRIN Coin

As of November 2019 there is a circulating supply of GRIN of 25,313,340 at a price of $1.20, giving the coin a market capitalization of just shy of $30.5 million and making GRIN the 127th largest cryptocurrency by market cap.

New GRIN coins are released at a rate of 1 per second, and this release rate is expected to remain constant forever, which will give GRIN a constantly decreasing rate of inflation as its circulating supply will continually grow.

If that remains true the inflation rate of GRIN will drop below 10% after 10 years, and 10 years later it will fall below 5%. It will continue falling like this for as long as GRIN remains a viable project.

GRIN Price Performance
GRIN Price Performance. Image via CMC

The first date of trading for GRIN tokens is listed as January 27, 2019 and the opening price that day was $9.96. It hit its all-time high of $14.87 on the following day and has been headed lower for most of the time since. On October 25, 2019, it printed its all-time low of $0.870336 and has since rebounded to $1.25 as of November 6, 2019.

Trading & Storing GRIN

GRIN is supported by a fairly large number of exchanges, but by far the largest trade volume is on the Hotbit exchange. That’s followed by MXC and Bitforex. There’s also acceptable volume on DragonEx, Gate.io, and Poloniex. Other exchanges supporting the coin have very small trade volumes.

For storing your GRIN coins, if you choose to buy or mine some, there are two stable wallets. One is the official GRIN wallet, found here, and the other is called Grin713 and is based on the official wallet, but is purportedly easier to use. It can be found here.

There’s also a Grin++ wallet, but it is still in beta and the developer recommends it not be used for mainnet transactions. You can also find discussions of individual wallet projects at the Grin forums. For those who prefer a mobile wallet Ironbelly is in development.

Grin Development & Roadmap

Given that Grin is a completely open source project, it means that the code is open for all to review. This is also great for me as it means that I can take a closer look into the development work on the project.

As mentioned above, there are over 79 different contributors to the Grin GitHub which means that there has been a steady flow of commits. Below are the code commits over the past year to their core repo.

Grin GitHub
Code commits over past 12 months

In fact, for a project that has no dedicated “core” team of developers, Grin has been quite active in development output. If we were to compare it to other projects in the space it is ranked at 35 in overall development output.

When it comes the roadmap, the Grin developers have reached out to the community about things that they would like to see in the 2020 roadmap.

Some of the most notable suggestions here were to focus on Atomic swap development to facilitate off-chain transactions between BTC, ETH & GRIN. There were also some ideas about having the lightning network implemented on top of GRIN.

Of course, given that this is open to the community, you can even jump into the Grin Gitter and suggest what you would like to see. If you wanted to keep up to date with developments then you can follow their official news feed or Twitter.

Conclusion

Along with Beam, Grin is one of the very first implementations of the privacy-focused Mimblewimble protocol. Its mission is clear, to be a transactional coin that allows for privacy and scalability.

All of these are highly desirable traits for cryptocurrencies, and as long as other blockchains face issues in successfully achieving scaling and privacy Grin stands a chance at mass adoption.

That said, the project does face stiff competition, especially in the privacy coin space, where projects such as Monero have a huge headstart. There are also projects such as Litecoin which are far ahead of Grin and plan to implement Mimblewimble themselves.

We’ve already seen how the high initial inflation of the Grin monetary policy is leading to constant selling by miners. This is currently depressing the price of GRIN coins, but as time passes the inflation rate will improve and prices for GRIN should begin rising. That will reward those who had the patience to hold their GRIN coins while inflation was high.

The Grin community likes to point out that Grin was launched without an ICO, pre-mine, airdrops, or reserved rewards for founders and developers. This makes Grin fair and equitable for all users.

However, the huge competition in the blockchain space in 2019 means just being fair isn’t enough to gain traction and build a large community. Still, Grin has been quite successful in building a community in its first year of existence.

Grin is an extremely young project in the young cryptocurrency space. It will take some time to see if their goals of scalability, decentralization, and privacy are realized and if they help Grin become one of the most used transactional coins out there.

Featured Image via Shutterstock

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.coinbureau.com/review/grin-coin/

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COPA verklagt Craig Wright wegen Bitcoin-Copyright

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Die gemeinnützige COPA-Organisation hat eine Klage gegen Craig Wright eingereicht und fordert von dem Gericht eine einstweilige Verfügung sowie eine Bestätigung, dass er keine Copyright-Ansprüche auf das Bitcoin-Whitepaper hat.

Die gemeinnützige Krypto-Organisation Cryptocurrency COPA (Cryptocurrency Open Patent Alliance) hat eine Klage gegen Craig Wright wegen seines Copyright-Anspruchs bzgl. des Bitcoin-Whitepapers eingereicht.

Die Organisation twitterte am 12. April 2021, dass sie ein Gerichtsverfahren bei dem britischen High Court of Justice einreichen wird, um „festzustellen, dass Mr. Craig Wright nicht das Bitcoin White Paper-Copyright besitzt“.

„Heute hat die COPA eine Klage eingeleitet, bei der der UK High Court aufgefordert wird, zu erklären, dass Mr. Craig Wright nicht das Urheberrecht am Bitcoin Whitepaper besitzt. Wir stehen auf der Seite der Bitcoin-Entwickler-Community und den vielen anderen, die bedroht wurden, weil sie das Whitepaper veröffentlicht haben.“

Die COPA fordert unter anderem, dass Wright nicht als Autor des Bitcoin White Papers anerkannt wird. Außerdem bittet sie um eine einstweilige Verfügung, die Wright davon abhält, zu behaupten, er sei der Autor des Whitepapers.

Wer ist die COPA?

Die COPA ist eine Non-Profit-Organisation, die laut eigene Angaben „versucht, Patente und Rechtsstreitigkeiten, die ein Hindernis für das Wachstum der Kryptowährungen sind, zu beseitigen“. Sie wurde von dem Unternehmen Square, das von Jack Dorsey gegründet wurde, ins Leben gerufen.

Die Organisation möchte den unethischen Missbrauch von Rechtswegen, mit dem teilweise Konkurrenten aus dem Weg geräumt werden sollen oder bei dem ausschließlich eigennützige Interessen vertreten werden, verhindern. In der Kryptobranche war dies leider schon öfters der Fall.

Wrights Anwälte behaupteten im Januar 2021, dass er einfach nur sein Copyright durchsetzen wolle. Außerdem schickten sie angeblich eine Nachricht an Square, in der sie erklärten, dass sie klagen würden, wenn Square das Whitepaper nicht von ihrer Seite entfernen würde. Wrights Anwälte bedrohten auch Bitcoin.org und Bitcoincore.org mit ähnlichen Nachrichten.

Ist Craig Wright Satoshi Nakamoto?

Wright ist derzeit in mehrere Rechtsstreitigkeiten verwickelt. Die meisten davon startete er selbst. Als Grundlage benutzte er seine Behauptung, dass er der Schöpfer von Bitcoin ist. In dem aufsehenerregendsten dieser Fälle wurde er aufgefordert, die Eigentumsrechte an den privaten Schlüsseln zu Satoshis Einlagen zu beweisen.

Viele Mitglieder der Krypto-Community zweifeln Wrights Behauptungen an. Die Klage der COPA Klage könnten dem Ganzen ein Ende bereiten.

Wird Wright irgendwann aufhören?

Wright behauptet schon seit langem, dass er der Schöpfer von Bitcoin ist. Er sagte sogar, dass er die private Keys zu Satoshis geheimen Bitcoin Wallets besitzt. Diese Behauptung handelte ihm allerdings einige Probleme ein.

Kurz nachdem er diese Behauptung als Grundlage für einen Rechtsstreit benutzt hat, wurde eine Text-Nachricht veröffentlicht, in der Wright als Betrüger bezeichnet wurde. Die Text-Nachricht wurde mit einer der Bitcoin Adressen signiert, die mit dem Rechtsstreit zu tun hatten.

Wright hat auch mehrere andere Ansprüche erhoben bzw. Rechtsverfahren eingeleitet und sogar eine Klage gegen Bitcoin-Entwickler eingereicht. Die Imageschäden, die Wraight wegen seiner dubiosen Rechtsstreitigkeiten erlitten hat, stärken nicht gerade seine Position vor den Gerichten. Trotzdem hält Wright an seiner Behauptung fest

Faketoshi: Doktorarbeit von Craig Wright ein Plagiat?

Übersetzt von Maximilian M.

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Rahul Nambiampurath is an India-based Digital Marketer who got attracted to Bitcoin and the blockchain in 2014. Ever since, he’s been an active member of the community. He has a Masters degree in Finance. <a href=”mailto:editorinchief@beincrypto.com”>Email me!</a>

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Source: https://de.beincrypto.com/copa-klagt-craig-wright-bitcoin-copyright/

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Guide to Gambling with Ethereum Now and in the Future

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In recent years, online gambling with the use of cryptocurrency has been increasing in popularity. One of the widely recognized cryptocurrencies in online gambling is Ethereum. However, despite its abrupt rise in popularity, many interested people still have little or no knowledge at all regarding how to gamble online using this crypto.

 Ethereum Defined

 Ethereum is a decentralized and blockchain-based technology. Several machines amounting to millions support this platform which is used to form a blockchain of several transactions that are all secured since they are all stored in every machine at once.

 Similar to Bitcoin, which is another popular cryptocurrency, the blockchain of Ethereum is a ledger that is viewed publicly and contains every transaction of the currency it supports. The currency for Ethereum is called Ether. 

 Ethereum was launched in the year 2015. During the years since its launch, Ethereum has significantly grown in value and size. Just like other cryptocurrencies today, it is used for payments online and has a peer-to-peer format presentation.

 Ether and other cryptocurrencies have many similarities. For one, a lot of cryptocurrencies can be used in several online casinos. To date, there are already several sites that accept Ether, and we can expect this to grow in number in the following years. 

 Despite the many similarities of Ether and other cryptocurrencies like Bitcoin, Ether has one major advantage which is the speed at which it processes its transactions. When you do a transaction using Bitcoin, the whole process usually takes 10 minutes more or less. Meanwhile, doing a transaction in Ethereum can be as fast as a mere 15 seconds.

 Gambling with Ethereum

 Now that we have a background on what Ethereum is, here’s how you can go and buy Ethereum so that you can use it for gambling in online casinos. 

  1. Register for a digital wallet

 A digital wallet or a cryptocurrency wallet is the one that holds all your cryptocurrencies. To buy Ether, you must first register or acquire a crypto wallet. There are many different types of digital wallets available today. Some of the most reliable and trusted are Coinbase, Bittrex, Gemini, Kraken, CoinMama, and many others. 

 A simple search for their official sites should do the trick. Visit their official sites and open an account. You may need to fill out a few personal information for this step. Generally, most digital wallets have a verification process through a phone call. Once you have successfully opened your digital wallet, you can then proceed to buy Ether. 

  1. Input your financial details

 Here is how digital wallets work. First, you need to put traditional money into it which may be done through the use of a credit card or a bank account. Take note that there may be some limitations to the method that you choose. After that, you will then need to enter your FIAT information. What this does is that allows you to move your cryptocurrency to and from your normal bank account.

  1. Buy Ether

 Your wallet will then allow you to buy many different cryptocurrencies available today. All you have to do is search for Ether and purchase your desired amount. Once the transaction is over, you should be able to see your Ether balance in your digital wallet.

  1. Start gambling

 Now that you have an Ethereum balance, you can now start gambling. There are many online casinos nowadays that accept Ether. If you are looking for a reliable and trusted Ethereum casino, you can visit Bitcoinbuster for a list of several online casinos that accepts Ethereum. 

 Once you have selected your desired online casino, the next thing that you need to do is connect your digital wallet to your gambling account. Simply choose Ether as your payment option then follow the steps until your funds will enter your gambling account.

 Ethereum Gambling Now and in the Future

 There are many advantages of using Ethereum in online gambling, one of which is security. Since every action you make is on the Ethereum blockchain, everything is encrypted and the online casino has no access to your personal information. Next is the speed of the transactions since Ethereum is known to be very fast and efficient in processing transactions.

 However, despite the several advantages, there are still many things on which Ethereum can improve upon.

 The first thing is the unpredictability of Ethereum’s value. Despite its upward trend in the world of cryptocurrency, Ethereum is still a fairly new cryptocurrency and its value fluctuates now and then. This means that you will not only be gambling on the online casino but also on the value of Ethereum itself.

 Apart from that, despite Ethereum’s growing popularity, there are still several online casinos that do not accept Ether.

 Shortly, however, it is safe to say that the value of Ethereum will stabilize or at least minimize that fluctuation rate. It could also mean that various sites will begin to adapt Ethereum and other cryptocurrencies.

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ETC Group notiert ersten Litecoin ETP an Deutscher Börse

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Die ETC Group hat bekannt gegeben, den ersten Litecoin ETP auf XETRA, der elektronischen Handelsplattform der Deutschen Börse, zu notieren. Damit erweitert die Deutsche Börse ihr Angebot an Krypto-Produkten.

Der ETC Group Litecoin ETP (ELTC) wird am 14. April 2021 mit einer Gesamtkostenrate von 2% an der Deutschen Börse, Europas größtem Handelsplatz für EFTs, gelistet. Als erstes Litecoin-ETP, das an der deutschen Börse gelistet wird, wird ELTC den Preis von Litecoin nachverfolgen und es Anlegern ermöglichen, Kryptowährungen mit der zusätzlichen Sicherheit einer zentralen Gegenpartei (Central Counterparty) zu unterstützen.

Dieser zentralisierte Mechanismus bietet Krypto-Investoren denselben regulatorischen Schutz wie Aktienhändlern. Dabei reduziert eine regulierte Börsennotierung das Kontrahentenrisiko beim Handel.

Litecoin: Ein Bild von BeInCrypto.com
Litecoin: Ein Bild von BeInCrypto.com

Den Standort Deutschland hat die ETC Group bewusst ausgewählt, weil sie von der Regulierung hierzulande profitieren möchte. Ein offizielles Statement der ETC Group:

„Die Deutsche Börse ist eine weltweit vertrauenswürdige Marke, die in einem wohlhabenden und stabilen Land mit einem kompetenten regulatorischen Umfeld tätig ist.“

Als spezialisierter Anbieter börsengehandelter Produkte (Exchange Traded Products) auf digitale Vermögenswerte ist die ETC Group auf die Entwicklung innovativer digitaler Assets spezialisiert. Sie wird bereits von einer Reihe großer Londoner Finanzinstitute unterstützt.

Was ist so besonders am Litecoin?

Wie der Bitcoin (BTC) ist der Litecoin (LTC) auf Knappheit ausgerichtet. Die Gesamtzahl der Münzen, die jemals existieren können, ist auf 84 Millionen begrenzt. Derzeit sind ungefähr 66,7 Millionen Münzen im Umlauf. Litecoin zeichnet sich besonders durch eine schnellere Block-Generierung, eine höhere Gesamtmenge an Münzen, einen veränderten Hashing-Algorithmus und eine modifizierte Benutzeroberfläche aus.

Bradley Duke, Chef der ETC Group, erklärt die Wahl für Litecoin folgendermaßen:

„Litecoin gibt es seit 2011, und es ist eines der vertrauenswürdigsten, anerkanntesten und am weitesten verbreiteten Mittel für Zahlungen. Litecoin ist im vergangenen Jahr um rund 382% gewachsen. Es ist nach Marktkapitalisierung mit 14,6 Mrd. USD die neuntgrößte Kryptowährung und erfreut sich wachsendem Interesse von institutionellen und Privatanlegern. Es wird oft als Silber zu Bitcoins Gold bezeichnet.“

Bereits seit Juni 2020 ist bei der Deutschen Börse ein Bitcoin-gestütztes Finanzprodukt mit dem Namen Bitcoin Exchange Traded Crypto (BTCE) notiert.

Dieses Produkt wird seitdem stark gehandelt und war auf XETRA an einigen Tagen das umsatzstärkste Produkt im Handel mit passiv gemanagten, an der Börse handelbaren Produkten (ETPs).

Am 2. März 2020 bestätigte die deutsche Finanzaufsichtsbehörde BaFin, dass sie Kryptowährungen nun offiziell als Finanzinstrumente anerkennt. Dies ist eine bedeutende Anerkennung der wichtigen Rolle, die Kryptowährungen in jüngster Zeit auf den Weltmärkten gespielt haben.

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Verena hat ihren Bachelor in BWL und Sozialwissenschaften an der Uni Köln sowie einen Master in Business Management an der Universidad Autonoma de Barcelona absolviert. Als Marketing und Content Spezialistin hat sie in den letzten Jahren in Ländern auf der ganzen Welt gelebt. Sie hat eine besondere Leidenschaft für Technologie und Innovation.

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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://de.beincrypto.com/etc-group-notiert-ersten-litecoin-etp-an-deutscher-boerse/

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Bitcoin Preis steigt auf über 60.000 USD, neues ATH wahrscheinlich

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Der Bitcoin Kurs fiel am 12. April 2021, nachdem er sich dem letzten Allzeithoch genähert hat.

Der Bitcoin Preis wird allerdings wahrscheinlich über das letzte Allzeithoch ansteigen und ein neues Allzeithoch erreichen.

Bitcoin Preis Tageschartanalyse

Am 10. April 2021 näherte sich der Bitcoin Kurs dem letzten Allzeithoch. Allerdings fiel er wieder, nachdem er das Widerstandslevel bei 61.600 USD berührt hat. Gestern konnten wir einen ähnlichen Kursverlauf beobachten. Darum siehst du auf dem Tageschart zwei lange, obere Wicks.

Sowohl der RSI als auch der „Stochastic Oscillator“ steigen geraumer Zeit wieder an. Der MACD scheint in Plateau erreicht zu haben und ebenfalls wieder zu steigen. Der Bitcoin Preis wird also wahrscheinlich bald über das Widerstandslevel ausbrechen und anschließend ein neues Allzeithoch erreichen.

Bitcoin Preis Tageschart 13.04.2021
Bitcoin Preis Chart By TradingView

Bitcoin Preis kurzfristiger Ausblick

Auf dem 6-Stunden-Chart siehst du, dass der Bitcoin Kurs am 10. April 2021 über die absteigende Trendlinie ausgebrochen ist, die seit dem letzten Allzeithoch vom 13. März 2021 intakt war. Anschließend ist der Bitcoin Preis weiter angestiegen. Die technischen Indikatoren liefern uns überwiegend bullische Signale. Der Bitcoin Kurs wird sich also bald einem neuen Allzeithoch nähern.

Bitcoin Preis 6-Stunden-Chart 13.04.2021
Bitcoin Preis Chart By TradingView

Bitcoin Kurs Wellenanalyse

Laut unserer Langzeit-Wellenanalyse befindet sich der Bitcoin Kurs in der fünften Welle (Weiß) eines bullischen und letzten Teilwelle (Orange) Impulses. Der Hochpunkt der letzten Welle liegt wahrscheinlich in der Nähe von 90.000 USD. Man erhält das Preisziel, indem man eine Fib-Projektion auf die ersten drei Teilwellen anwendet bzw. ein externes Fib-Retracement auf den Tiefpunkt der vierten Welle einzeichnet.

Bitcoin Kurs Wellenanalyse langfristig 13.04.2021
Bitcoin Kurs Chart By TradingView

Die Teilwellenzählung der vierten Teilwelle ist unten in Schwarz eingezeichnet. Der Bitcoin Kurs befindet sich wahrscheinlich gerade in der dritten, kleineren Teilwelle. Der Hochpunkt der letzten, kleineren Teilwelle liegt voraussichtlich bei ca. 82.900 USD. Man erhält das Preisziel, indem man ein externes Fib-Retracement auf den Tiefpunkt der ersten Teilwelle einzeichnet.

Bitcoin Kurs Wellenanalyse kurzfristig 13.04.2021
Bitcoin Kurs Chart By TradingView

Fazit

Der Bitcoin Kurs wird wohl bald über das Widerstandslevel bei 61.600 USD ausbrechen und anschließend ein neues Allzeithoch erreichen.

Hier geht es zur letzten Bitcoin-Analyse von BeInCrypto!

Eine interessante Krypto-Exchange für das Krypto-Trading und Investment in die verschiedenen Kryptowährungen: Stormgain.

bitcoin chart art
Ein Bild von BeInCrypto

Übersetzt von Maximilian M.

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Alle auf unserer Website enthaltenen Informationen werden nach bestem Wissen und Gewissen recherchiert. Die journalistischen Beiträge dienen nur allgemeinen Informationszwecken. Jede Handlung, die der Leser aufgrund der auf unserer Website gefundenen Informationen vornimmt, geschieht ausschließlich auf eigenes Risiko.

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Valdrin ist ein Kryptowährungs-Enthusiast und Finanzhändler. Nach seinem Master-Abschluss in Finanzmärkten an der Barcelona Graduate School of Economics begann er im Ministerium für wirtschaftliche Entwicklung in seinem Heimatland Kosovo zu arbeiten. Im Jahr 2019 beschloss er, sich ganz auf Kryptowährungen und den Handel zu konzentrieren.

MEHR ÜBER DEN AUTOR

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://de.beincrypto.com/bitcoin-preis-steigt-auf-ueber-60-000-usd-neues-ath-wahrscheinlich/

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