Is bitcoin washing up now

2.

bitcoin, whose price has been around $9000 recently, finally broke through the $10000 mark yesterday (June 2) morning

however, around 11:00 p.m. on the 2nd, & lt; Thrilling & quot; As a result, the price of bitcoin plummeted nearly $800 in six minutes, down nearly 8%

as of 1:00 a.m. on June 3, Beijing time, the amount of bitcoin's full network exposure in the past 24 hours has exceeded 700 million US dollars, about 5.111 billion yuan, and the number of exposure is about 36000{ RRRRR}

Goldman Sachs pointed out that & lt; Cryptocurrency, including bitcoin, is not suitable as an asset class, but a security& rdquo; The reason given by the agency is that the price fluctuation of cryptocurrency has no stable correlation with other assets, and there is no evidence that cryptocurrency can be used as a hedge against inflation. In addition, Goldman said, & lt; The price rise of cryptocurrency mainly depends on whether other people are willing to pay a higher price for it, which is not a suitable investment tool for our customers& rdquo;

3. Bitcoin has been rising from the bottom of RMB 23000 in January this year to the highest price of RMB 80000 from July to August this year. At present, there is not enough momentum to continue to rise. It will fall to about 45000 yuan from September to October this year, and then it will soar to about 150000 yuan from November to December this year, and it will fall to about 80000 yuan after the end of the year, It can be inferred from the last half cycle. The above is just my personal point of view. If it's not right, I'll take it for granted.

4. The people's Bank of China said that bitcoin could not be used as currency clearing. Some bitcoin websites were stolen and began to avalanche

5.

On January 24, according to us financial website CNBC, bitcoin prices rose more than 10% on Tuesday local time, rebounding from intraday lows below $10000

the South Korean Financial Services Commission announced on Tuesday local time that the real name trading system of virtual currency will be implemented from the 30th of this month, and all existing virtual currency accounts will be suspended. For users who already have a virtual currency trading account, those who have a bank account of the opening bank can directly use the bank account to deposit and withdraw money, while those who do not have the same bank account can not deposit, only withdraw money

the committee also announced guidelines for financial institutions to prevent money laundering related to cryptocurrency

according to the data of cryptocompare, in South Korea, the share of bitcoin transactions remains at about 5%, while in the United States, bitcoin transactions are the largest, accounting for 38% of the total bitcoin transactions. Japan's bitcoin trading volume ranked second, accounting for about 30%

6. At the beginning, intervention was very simple, and there was no trading platform at that time. Bitcoin is basically played by geeks, gamers and cryptocurrency scholars. Bitcoin's popularity is not high, and its mining computing power is poor. The simplest way to get involved is to download a bitcoin client and use your ordinary computer to get bitcoin. Mining was a very simple thing at that time. In 2010, a programmer used 10000 bitcoins to buy a pizza. Now it sounds funny, but it's true. Later, bitcoin trading platforms appeared, such as Mentougou, where people can trade. With the increase of popularity and price of bitcoin, more and more people play bitcoin. Driven by the interests, people began to develop mining machines with faster mining speed. Later, there were video card mining and ASIC mining machines

now there are more ways to get involved in bitcoin. You can mine, buy and sell bitcoin, provide goods or services in exchange for bitcoin, and of course, dig futures. Bitcoin home has more information.

7. The dealer withdrew. That's all that's left

8. It's very simple to bitcoin. You just need to download an e-wallet and register with a big trading platform. I'm currently operating in the okex bitcoin exchange. I can watch the market and trade at any time with my mobile client. It's very convenient!

9.

Bitcoin price accelerated to rise at the same time, there has been a more rapid decline in the callback

according to the price of coindesk on bitcoin news and information network, on January 11, the price of bitcoin fell to about US $30305, down 27.78% from the highest price of US $41962 in history. In other words, the price of bitcoin fell from $40000 to $30305 in just over a day. Before that, bitcoin took six days to rise from $30000 to $40000

from the macro-economic environment, Yu Jianing believes that the correction on January 11 can be regarded as a hedging measure taken by overseas mainstream investment institutions. He believes that one of the reasons for bitcoin's rise this year is the continued decline of the dollar index. At present, Biden's government is coming to power, "bad is good", the dollar may rebound, global commodity assets have a significant correction, and the digital asset market will adjust accordingly

in recent days, the US dollar index has risen significantly. As of press release, the US dollar index is about 90.49, down 0.06 from the previous day and up 1.16% from the closing price of 89.42 on January 6

he also pointed out that many bitcoin miners choose to sell at relatively high prices. According to cq.live, the miner's position index (MPI) has reached its highest level this year. The MPI index is higher than 2, which indicates that miners tend to sell bitcoin after mining; If MPI is negative, it indicates that they are optimistic about the short-term trend and choose to hoard bitcoin. At present, the value is about 5.26, indicating that the miners are selling bitcoin on the over-the-counter market or exchange. In addition, bytetree data also shows that in the past week, bitcoin miners g out 6894 bitcoins, but sold 10047 bitcoins, which means that the miners sold nearly 3153 bitcoins in stock

Yu Jianing mentioned that another reason for the decline is the website downtime of the largest compliance exchange in the United States, such as coinbase, after the market fluctuated violently, which delayed the trading of users, and many buying orders could not be traded normally, which also led to the bitcoin price on the website far lower than the market price, further aggravating the market panic

"e to the failure of the coinbase system, we could only sell but not hang up the bill yesterday, and the whole trading world order was destroyed." A coin circle employee also said

regulatory warning bitcoin volatility risk

it is worth noting that the recent ups and downs of bitcoin has also aroused the vigilance of regulatory authorities in various countries

On January 12, the New Zealand financial market authority (FMA) warned new Zealanders to invest in cryptocurrency prudently, according to the New Zealand Herald

"new Zealanders who are considering buying cryptocurrencies such as bitcoin should realize that they are high-risk and highly volatile assets," a spokesman for the New Zealand Financial Markets Authority said. "Cryptocurrencies are not regulated in New Zealand and are often used by fraudsters and hackers."

According to the times on January 9, HSBC has decided to stop providing cryptocurrency trading services to customers in the UK, including prohibiting customers from depositing funds into HSBC from their digital wallets. At the same time, many other UK banks have banned customers from using credit cards to buy digital currencies such as bitcoin

"the virtual currency represented by stable currency is facing more and more complicated compliance risks. As more and more economic activities migrate to the blockchain, the instry is facing great compliance pressure. The circulation of stable currencies such as usdt will grow explosively in 2020, reaching a record high. Behind this, part of the use demand comes from the normal transactions in compliance, but there are also black and gray demands for money laundering, illegal financing and other problems. In the future, the blockchain instry will face more and more compliance challenges. " Yu said

he pointed out that according to the report on anti money laundering of virtual currency released by peckshield in 2020, the value of unregulated outbound virtual currency reached US $17.5 billion in 2020, an increase of 51% compared with that in 2019, and it is still growing rapidly. The number of fraud cases involving virtual currency continued to rise to 151, an increase of 655% over 2019

Yu Jianing said: "since the second half of 2020, fraud, attack, extortion, gambling and other assets, as well as money laundering, run points and other gray assets, have begun to turn into virtual currency money laundering. The number of extortion cases has increased rapidly, and the situation of virtual currency anti money laundering is grim. In 2021, it is necessary for the blockchain and digital assets instry to adopt a more strict and prudent KYC (know your customer) review mechanism, More stringent anti money laundering standards will be implemented. "