Until January 1, 2021, the SwissBorg exchange platform doubles the amount of the bonus offered for any new registration. Any new SwissBorg user can receive between € 2 and € 200 in bitcoins (BTC) upon registration. We will explain how to get this bonus step by step.

This promotional item is brought to you in collaboration with SwissBorg

SwissBorg, a platform that is increasingly attractive

In the form of a mobile application, SwissBorg allows the purchase and trading of cryptocurrencies, while offering innovative investment solutions. Created by the Swiss startup of the same name, SwissBorg has carved out a place for itself in the hearts of cryptocurrency traders in 2020.

And for good reason, the mechanism for purchasing cryptocurrencies on SwissBorg is special. In the same way as a hotel or flight comparator, SwissBorg aggregates the price of cryptocurrencies from several platforms to obtain the most advantageous rate for its users.

For the holiday season, the Bitcoin Code platform doubles the amount of the bonus offered for any new registration. Usually this randomly allocated bonus allows you to recover between € 1 and € 100 in bitcoins. Until January 1, 2021 , this bonus increases to a maximum of € 200 , the perfect opportunity to test the platform!

Let’s see in more detail how to get the bonus from SwissBorg.

How to claim your bonus on Swissborg?

To benefit from this bonus when you register with SwissBorg, you must meet the following conditions:

1. Register for the platform via our link (registration without an affiliate link does not allow you to obtain the bonus). Enter your phone number on the page that opens then click on the link sent to you by SMS:

SwissBorg Phone Number

2. Download the app and complete the Identity Verification (KYC) process. Due to the regulations applicable in Switzerland, SwissBorg will ask you for your name, first name, address, professional occupation as well as verification of an identity document. The KYC should be validated within seconds.

3. Last step, deposit € 50 on SwissBorg (in fiat currency or the equivalent in cryptocurrency):

SwissBorg Depot

Once this step is validated, a scratch ticket will be sent to you directly, which will give you between 2 and 200 € in bitcoins :

Ticket SwissBorg

Rather interesting feature, the funds obtained are not locked . As you wish, you can send these funds to another platform upon receipt and also recover your € 50 used during the deposit.

Another feature of SwissBorg, the application integrates an investment method to generate passive income with the USDC stablecoin . At the time of writing, the rate of return is 9.23% p.a. and even climbs up to 18.46% p.a for premium members. Other assets such as Bitcoin (BTC) and CHSB , the native token of the SwissBorg ecosystem, will be supported soon.

To obtain such a high rate of return, SwissBorg has developed an investment program that combines plethora of decentralized finance (DeFi) protocols. Users benefit from the best market opportunities as well as an acceptable level of risk.

De 100 procent prijsrally van Bitcoin in de afgelopen acht weken komt dicht in de buurt van de berekening, volgens Florian Grummes van Midas Touch Consulting.

In zijn nieuwsbrief zei de beleggingsstrateeg dat de BTC/USD-wisselkoers een langdurige correctie verwacht. Hij merkte op dat ondanks de euforie die zijn prijzen met meer dan 400 percenten van zijn nadir van midden maart omhoog leidde, het paar nog in een ,,zwaar overboughtsituatie.

Rode vlaggen te midden van Groene Kaarsen…

Achteraf gezien tonen bepaalde technische indicatoren die de dynamiek van een actief meten ten opzichte van de lopende trends, dat Bitcoin Revolution een overgekocht financieel instrument is. Dat vertaalt zich meestal in dit: het bod van de handelaren op de cryptocijfers van de benchmark is nu hoger dan de werkelijke kosten, wat wordt aangegeven door een neutrale momentumindicator.

De Stochastische Oscillator, die Investopedia „een nauwkeurige koop- en verkoopindicator“ noemt, toont Bitcoin bijvoorbeeld in een overboughtzone op de weekly chart. Een vergelijkbare metriek, bekend als de Relatieve Sterkte Indicator, geeft ook aan dat de cryptocrisis te heet is om tegen de huidige prijzen te verwerken.

Bitcoin brak in juli boven zijn klassieke dalende trendlijnweerstand uit, wat wijst op een duurzame opleving.

De heer Grummes merkte op dat Bitcoin nog steeds bullish is op zijn wekelijkse tijdsbestek, wat wijst op een lange termijn uptrend die in 2021 zou moeten volgen. Met dat gezegd, zei de analist dat de cryptocurrency eerst waarschijnlijk lager zou corrigeren of zijdelings zou lopen om zijn overbought signalen te neutraliseren. Maar daarna zou het waarschijnlijk zijn uptrend moeten hervatten.

„Men moet ook zenuwen van staal meenemen om het te kunnen verdragen en door mogelijke enorme pullbacks in de omvang van 30-45% van de huidige prijsniveaus te komen,“ waarschuwde hij desondanks.

Bitcoin Seizoensaanduiding

De heer Grummes heeft ook de levensduur van de Bitcoin-correctie gemeten op basis van de seizoensfractals. Zo zagen de laatste twee Decembers de cryptokringen onder extreme verkoopdruk komen te staan van beren, wat uiteindelijk leidde tot de seizoensgebonden bodemtarieven van BTC/USD. Deze keer zijn de tekenen van topping out die zouden kunnen blijven tot de lentesessie.

„Vaak is de stierloop van de bitcoin in het begin of midden van december zonder stoomgevallen,“ zei de heer Grummes. „Ofwel volgde het een scherpe corrigerende beweging en/of een zijdelingse consolidatie die enkele maanden duurde.“

Bitcoin-indicator voor seizoensgebondenheid.

Dat gezegd hebbende, merkte de analist op dat Bitcoin nog steeds een nieuw record zou kunnen vormen boven de 20.000 dollar, een psychologisch opwaarts doelwit, maar misschien niet in staat is om het geflipte niveau als ondersteuning te behouden.

BTC/USD handelde op het moment van dit schrijven tegen $19.372.

Bitcoin’s mining business continues its extensive development around the world as its price advance recovers.

With the price of Bitcoin again above USD 19,000, the advance of the mining of this crypt currency continues unstoppable. As large companies continue to invest their capital in the main virtual currency, the fever for extracting it continues to rise.

In this last particular case, the initiative of Square, the company of Jack Dorsey, CEO of Twitter, stands out. This firm has been one of the pioneers in the investment in Bitcoin, obtaining great profits this year 2020. Not satisfied with that, its management is starting to explore with mining.

But, on the other side of the coin, the possibility of a drop in Bitcoin’s price stands out. The fact could be connected to the miners‘ prediction of their intention to sell. In other words, it is likely that the market is on the verge of a massive coin sale by the miners.

Bitcoin’s mining progress in the week

During the last seven days, news related to the advance of the mining of the most popular of the crypto currencies has been abundant. In this summary, we present you with a selection of the five most important pieces of information about this futuristic business. These are the titles:

Square will invest 10 million dollars in green energy for mining.
The risk of massive sales by the miners is the highest in three years.
Province of Pakistan asks the government to legalize Bitcoin mining.
Miners in the province of Yunnan suffer from power cuts by the authorities.
Electricity subsidy for miners in Venezuela will come to an end.

Square not satisfied with Bitcoin profits in 2020

The Square firm of Twitter CEO Jack Dorsey, after a successful year of forays into cryptology, will now take a new step. In that sense, to the benefit obtained with its decided advance in the capital investment in Bitcoin, now will be added the investment in the mining of this digital currency.

To this end, it was announced that the firm will inject 10 million US dollars into green energy. With the creation of this infrastructure, the mining process will begin for a firm that just this year took the first step and chose to invest part of its funds in Bitcoin.

The other objective of the firm, they explained in a statement, is „to support companies that help drive the adoption of renewable energies within Bitcoin mining. It should be noted that the announced infrastructure would be ready by 2030.

Risk of massive Bitcoin sales at the gates

Another news related to the advance of Bitcoin’s mining business that impacted the week, is a possible massive sale. In this case, it is information that worries the crypto community, since the rally above 20K could be postponed once again.

The hypothesis is collected from CryptoQuant data, according to which Bitcoin miners are conducting massive sales. The metrics shown by the analysis firm track the magnitude of Bitcoins leaving the miners‘ portfolios. According to it, it’s the highest in three years.

This could suggest that a massive sale of coins is underway. This would negatively affect the price of Bitcoin. However, soon after this metric was known, the price of the pioneer cryptcoin has risen again and seems to be looking for consolidation above 19K.

The massive sales of Bitcoin by the owners of the mining farms could interrupt the price advance of this cryptomon currency. Source: CryptoQuantMassive sales of Bitcoin by the owners of the mining farms could interrupt the price advance of this crypt currency.

Bitcoin and Mining in Countries with High Electricity Costs

Province of Pakistan wants Bitcoin mining legalized

According to local media reports, the legislative body of the Khyber Pakhtunkhwa province asked the federal government of Pakistan to legalize mining. The report highlights that cryptomonies could be the substitutes for printed money in the future and should therefore begin to be considered by the state.

In his Twitter account, politician and advisor to the ministry of technology, Zia Ullah Bangash, praised the initiative. He explained that it is a firm resolution for „the government to take steps to legalize crypto-money and cryptomining in Pakistan.

It is no secret that the venture capital scene and the financing volumes of start-ups in Europe are comparatively small compared to the USA. This gap is particularly evident in the crypto-economy. There are no larger venture capital firms (VC) in Germany that have focused on blockchain start-ups. The crypto VC Greenfield One from Berlin now wants to change this and has announced the launch of a second crypto fund.

If you consider that there are more blockchain start-ups in Berlin than anywhere else in Europe, it looks rather poor when it comes to VC financing. Although here and there a crypto-start-up takes place, the capital received from a VC – this would, for example Bitwala to mention that recently 15 million euros, among others, Earlybird received – yet most VCs with respect rather subdued block Chain .

Decentralized business models, tokens as a new medium and an ICO bubble from 2017 are still unsettling even experienced investors. But precisely because the crypto industry is only „difficult to grasp“, it promises to multiply the number of companies that VCs dream of. In any case, that was understood in the USA. For example, there is blockchain capital with the VC fundsor a16z, better known under Andreessen Horowitz, powerful VC funds that not only provide sufficient capital, but also networks for the crypto-economy.

Are European start-ups falling behind?

In the Europe-wide Blockchain Innovation Center Berlin, you can dream not only of the sums, but also of the additional help provided by the American VCs. The network in Berlin is more of an informal one, shaped by meetups and less by financially strong venture capital companies that are building blockchain ecosystems with force and determination.

This also has its appeal, but there is a risk that history will repeat itself, i.e. it is the American blockchain start-ups that set the standards, as in the platform economy through Facebook and Google. In order to counter this, the Berlin VC Greenfield One would like to make a decisive contribution to „Crypto in Europe“.

Greenfield One: Not just money, but also an ecosystem

The early stage crypto VC based in Berlin is launching its second fund with a target volume of 50 million euros in a first closing. The main focus of the second fund is on the blockchain networks and development teams of the mainly European teams. As with Web 2.0, it is about the big picture of Web 3.0.

The first Greenfield One fund was launched in early 2019. Since then, the VC fund has invested in various early-stage start-ups. These include NEAR, Celo, Spacemesh, Vega, Multis, Arweave, Dapper Labs and 1inch. The group of investors in the BaFin-regulated fund includes Bertelsmann Investments, the investment arm of the international media, service and education company, and family offices such as Lennertz & Co. from Hamburg.

VC veteran Sebastian Blum, who founded Greenfield One together with serial founder Jascha Samedi, is sure to BTC-ECHO that a VC with a focus on crypto is needed. “Investors who specialize in one segment can deliver much greater added value,” he emphasizes, pointing out that the “space” is still fairly new and that there is a corresponding lack of know-how in many places. Unfortunately, Sebastian Blum cannot yet give an answer to the question of which investments the second crypto fund is. However, he adds that the announcement should take place this month. More news from the Berlin crypto VC should follow soon.