PT MEP questions PIX’s privacy

One survey pointed out that the population is even familiar with the new Central Bank system, but there is still a lot of difficulty in making use of it.

A member of the Workers‘ Party (PT) questioned the privacy of PIX, the Central Bank’s new system of instant payments. The questioning came after the results of a survey on the subject.

With the final arrival of PIX on 16 November, Brazilians learned about the novelty. Promoted a few months ago by the Central Bank of Brazil, PIX would be an innovation to suffocate cryptomites in the country.

PIX could also replace TED and DOC, former bank transfer systems. With lower fees and uninterrupted operation, seven days a week, PIX is still the target of suspicion.

One of these is transaction privacy, a serious issue especially in LGPD times.

After a survey, a PT deputy in Ceará questions PIX’s privacy

With one week of operation, the Central Bank of Brazil is expected to release the PIX balance sheet this Tuesday (24). It is expected that data on the functioning of the system and transactions will be presented to the population.

The system, which is still free for some transactions, allows transfers between banks at any time. With the novelty, PIX also receives attention from some critics of the novelty.

For the State Representative of Ceará for the PT, Acrísio Sena, PIX is still nebulous for the population. With the whole world going through a crisis in the economy and health, it is normal to have a fear of adhering to the new payment technology.

However, everything could be worse with possible government interventions in PIX, he said. According to the Legislative Assembly of the State of Ceará, Acrísio hopes that the Bitcoin Union will be clear with PIX information. Privacy was one of the parliamentarian’s concerns.

„What is the government’s control over these transactions? What is the level of oversight? What about people’s privacy? Will transactions via Pix be taxed? If so, in what percentage? There are several doubts that arise, aggravated by the total inoperativeness of the team that today occupies the Ministry of Finance,“ said the deputy.

Regarding the taxation of PIX, the Minister of Economy, Paulo Guedes, has spoken on the subject. In public appearances, Guedes makes it clear that the PIX should be taxed, but there are still no definitions on the matter.

Research shows that most Brazilians still do not know how to use PIX

In a survey commissioned by the Legislative Assembly of the State of Ceará, it is clear that PIX is still a mystery to many. Some 66.7% of respondents made it clear that they had heard about PIX, but did not know how to use it.

The other 33.3% said they know and already use PIX in their transactions. In the survey, none of the respondents said they did not know PIX, another as it caught their attention.

In any case, for an economist heard by the Legislative Assembly of the State of Ceará, it is up to the banks and the Central Bank to demystify the system. In other words, clearing up customer doubts and teaching how to use so-called private keys should be an ongoing process.

In a recent article by the Court of Auditors of MT, the author stated that „Cryptomoedas will have an advantage over Pix“. Still, Bacen struggles to make the national system win this dispute, even with issues such as privacy being increasingly highlighted.

ZK International datterselskab xSigma introducerer nyt Defi-projekt

PRESSEMEDDELELSE. xSigma Corporation, et helejet datterselskab af ZK International Group (NASDAQ: ZKIN), blev lanceret i 2018 som et blockchain-forsknings- og udviklingslaboratorium til løsning af infrastrukturudfordringer fra den virkelige verden. Efter to års intensiv forskning i smarte kontrakter og andre blockchain-baserede løsninger skiftede xSigma sit fokus til decentral finansiering eller defi i et forsøg på at bringe ubegrænset open source-finansiering til enkeltpersoner og virksomheder over hele verden.

XSigmas decentraliserede finansiering er kommet på et passende tidspunkt i markedets udvikling. Selvom defi sprang ud på scenen i 2020, blev det hurtigt det hurtigst voksende segment af blockchain-industrien. På trods af denne enorme vækst er defi ikke uden problemer. Brugere af disse protokoller har klaget over en fejlbehæftet brugeroplevelse, permanent tab, prisfejl og smart kontrakt sårbarhed. Disse utallige problemer har kastet defi i et negativt lys blandt almindelige institutionelle investorer.

XSigma defi-protokollen er designet til at løse de utallige problemer, der plager markedet i dag. Som det første defi-projekt, der understøttes af et børsnoteret selskab, er xSigma bygget til at fange den sande værdi af decentraliseret finansiering. XSigmas første forretningsorden vil være at lancere en decentral stablecoin-udveksling, der tilbyder fair landbrugsvilkår for likviditetsudbydere og en intuitiv brugeroplevelse for handlende.

Stablecoins er opstået som et af de største markeder i kryptovalutaindustrien og giver investorer øjeblikkelig likviditet, prisstabilitet og indløsningsevne. I november 2020 var den samlede markedsværdi af alle stablecoins over $ 24 mia. Hundreder af millioner stablecoins udveksles hver dag – et tal, der forventes at stige støt, når vi går ind i den næste fase af global adoption.

På trods af de iboende fordele, som stablecoins tilbyder, er valutamarkedet domineret af nogle få store spillere. Curves dominerende position har gjort det muligt for den at komme væk med at tilbyde en dårlig brugeroplevelse, uigennemsigtig tokenfordeling og komplekse styrings- og landbrugssystemer.

xSigma bygger en stablecoin-udveksling fra brugersiden, ikke udviklersiden. Gennem sine gennemprøvede teknologier prioriterer xSigma-platformen brugeroplevelsen ved at tilbyde en forenklet grænseflade, der appellerer til både kryptoveteraner og nye forhandlere. XSigmas team implementerer nye innovationer på stablecoin-udvekslingsmarkedet, herunder en moderniseret belønningsstruktur. Platformen vil brænde SIG-tokens med valutagebyrer, hvilket effektivt skubber efterspørgslen efter styringstoken, mens den også begrænser udbuddet på samme måde som Bitcoins 21 millioner-enhed hard cap.

XSigma vil nå disse mål gennem dedikationen af ​​sit prisvindende og meget velrenommerede team. Holdet er samlet for ikke kun at levere et avanceret projekt, men for at bringe et nyt niveau af legitimitet og gennemsigtighed til defi-økosystemet.

XSigma-teamet ledes af Alex Lebed, en softwaretekniker, der tidligere var Facebook, Amazon og 1Inch. Alex er også grundlæggeren af ​​Stableunit.org og prisvinderen af ​​ethNY (priser fra Binance labs, Wyre, Matic), ethBoston og ethDenver hackathons.

Han får hjælp af Kamal Obbad, en kandidat fra Harvard og tidligere Google-ingeniør, der blev vist i Forbes 30 under 30 inden for sundhedsvæsenet.

Daniel Garay er en xSigma-projektleder, der tidligere arbejdede hos Ripple og Google.

Den snart lancerede xSigma stablecoin-udveksling vil bringe et nyt niveau af gennemsigtighed, ansvarlighed og brugeroplevelse til defi-branchen. Projektets dedikerede team af ingeniører, softwareudviklere og projektledere er forpligtet til at levere projektet i løbet af de næste tre år. I mellemtiden kan du fortsætte med at forvente store opdateringer om udviklingen af ​​xSigma DeFi.

Om ZK International Group Co., Ltd.

ZK International Group Co., Ltd. er en Kina-baseret designer, ingeniør, producent og leverandør af patenterede højtydende rørprodukter af rustfrit stål og kulstofstål, der kræver sofistikerede vand- eller gasrørsystemer. Virksomheden ejer 33 patenter, 21 varemærker, 2 Technical Achievement Awards og 10 National og Industry Standard Awards. ZK International er kvalitetsstyringssystemcertificeret (ISO9001), miljøledelsessystemcertificeret (ISO1401) og en national industriproduktionstilladelse i rustfrit stål, der er fokuseret på at levere stålrør til de mange milliarder dollar industrier inden for gas og vand sektorer. ZK har leveret rustfri stålrørledninger til over 2.000 projekter, herunder Beijing National Airport, „Water Cube“ og „Bird’s Nest“, som var spillesteder for OL i Beijing 2008. Understreger ZK Internationals overlegne egenskaber og holdbarhed af stålrør, og leverer en løsning til levering af højkvalitets, meget bæredygtigt, miljøvenligt drikkevand, ikke kun til det kinesiske marked, men også til internationale markeder som Europa, Østasien og Sydøst Asien.

Slots Empire Casino Bewertung

Slots Empire ist ein US-freundlicher Online-Wettort , der 2019 als eines der vielen Casinos eingeführt wurde, die ausschließlich mit Real Time Gaming-Software betrieben werden.

Für den Anfang bedeutet dies, dass die Spielelobby sicherlich nicht zu den größten überhaupt gehört, aber wir sind sicher, dass Sie von der bloßen Pracht des Site-Designs beeindruckt sein werden.

Die Website stützt sich stark auf die Bilder des alten Roms und enthält die neuesten Tricks und Gimmicks, die Sie auf vielen Online-Casino-Websites nicht wirklich gesehen haben. 3D-Bilder, animierte Elemente, coole Schriftarten, elegante und dunkle Kontraste mit sorgfältig ausgewählten Farben… es hat wirklich alles.

Einfach ausgedrückt, die Seite sieht fantastisch aus, aber was ist unter der schillernden Haube?

Neukundenangebot. AGB gelten. 18+. 220% Bonusangebot mit zusätzlichen 20% für Neosurf- und BTC-Einzahlungen. Gültig für die ersten 5 Einzahlungen. Der maximal zulässige Einsatz beträgt 10 $. Maximale Auszahlung x30 die Anzahlung. Die Mindesteinzahlung beträgt 10 USD für Neosurf, 20 USD für BTC, 25 USD für Instant Gift Card und 30 USD für Kreditkarte. Die Slotty Vegas Spiele enthalten: Slots, Real-Series Video Slots, Keno, Rubbelkarten, Brettspiele.

Ganz am Anfang müssen wir darauf achten, dass es hier nur wenige Werbeangebote gibt. Wenn Sie sich also als Bonusjäger betrachten, wird es Ihnen hier möglicherweise nicht so gut gefallen.

Alles beginnt mit einem Einzahlungsbonus, der jeden neuen Kunden begrüßt

Sobald Sie an diesem vorbei sind, werden Sie mit einem weiteren Werbeangebot begrüßt, dem 24/7-Bonus, der im Grunde ein weiterer Einzahlungsbonus ist!

Daneben gibt es auch das Spiel des Monats, das auch einen eigenen Einzahlungsbonus enthält, und einige zusätzliche Drehungen werden für ein gutes Maß eingeworfen.

Last but not least erhalten Sie für jede Wette, die Sie platzieren, Comp-Punkte, die später gegen Bargeld eingetauscht werden können. Das ist alles, was sie in Bezug auf Treueprämien haben.

Wie für die Spieleund in der Spielelobby haben wir hier gemischte Gefühle. In den meisten Fällen bevorzugen wir Casinos mit mehreren Softwareanbietern, da diese einfach viel mehr Auswahlmöglichkeiten bieten. In diesem Fall ist jedoch das einzige und exklusive Softwareunternehmen, das das Casino antreibt, das CasinoEchtzeit-Spiele.

Dies ist keine so schlechte Sache, da sie dafür bekannt sind, hochwertige Spiele zu produzieren , die bei Spielern auf der ganzen Welt sehr beliebt sind.

Sie können sich jederzeit für vorgeschlagene Kategorien wie „Neueste“ und „Beliebt“ entscheiden. Wenn Sie jedoch lieber die Titel durchsuchen und selbst erkunden möchten, sind die Spiele in Slots, Video Poker, Tabelle und Spezialitäten unterteilt.

Non c’è bisogno di temere il Bitcoin FUD

Non c’è bisogno di temere il Bitcoin FUD, dice Sino Global Capital

Dopo una settimana di titoli cupi e una brutale caduta dei prezzi, i trader farebbero bene a pensare a lungo termine.

Nel bel mezzo di un calo dei prezzi paralizzante all’inizio di questa settimana, i trader di criptovalute sembravano assaliti da tutti i lati dalla paura, dall’incertezza e dal dubbio. Tuttavia, Dermot McGrath, capo della ricerca presso la società di investimenti a catena Bitcoin Code di blocco Sino Global Capital, ha detto che la società preferisce una visione a lungo termine.

Poco dopo un tuffo Bitcoin del Ringraziamento a 16.200 dollari, è arrivata la notizia che il governo cinese ha sequestrato 4,2 miliardi di dollari in valute crittografiche nell’ambito del procedimento giudiziario Plustoken Ponzi. Si diceva che quei gettoni erano pronti per essere scaricati sul mercato aperto, facendo crollare ulteriormente i prezzi.

Tuttavia, l’amministratore delegato di Sino Global Matthew Graham ha scritto su Twitter che credeva che la maggior parte dei Bitcoin di Plustoken fosse stata venduta:

hmm la mia interpretazione è stata *principalmente* venduta, ma sì, non c’è bisogno di FUD, d’accordo https://t.co/NAq5iSRoXz
– Matthew Graham (@mattysino) 27 novembre 2020

Inoltre, che i gettoni siano stati venduti o meno, in un’intervista con il Cointelegraph McGrath ha raccomandato ai trader di imparare a guardare oltre i titoli immediati.

„Negli ecosistemi di cripto e blockchain è importante essere in grado di ‚tagliare il rumore'“, ha detto. „Siamo rialzisti a lungo termine su Bitcoin e continuiamo a vedere il settore professionalizzarsi e maturare come una classe di attività“.

McGrath ha anche pesato su un comune boogeyman per i trader di crittografia occidentali – i minatori di crittovalute cinesi. Molti hanno ipotizzato che i minatori cinesi potrebbero condurre un attacco del 51% alla rete, e sono stati a lungo derisi da alcuni per aver controllato vaste fasce della fornitura di BTC:

la cosa bella del fatto che la Cina abbia una tonnellata di bitcoin e che estragga una tonnellata di bitcoin non è assolutamente nulla.
– CryptoGainz (@CryptoGainz1) 27 novembre 2020

McGrath, tuttavia, rifiuta entrambe le nozioni.

„Una delle ragioni per cui i „minatori cinesi“ sono stati un „uomo nero“ per i commercianti occidentali è semplicemente una mancanza di comprensione“, ha detto. „In teoria, naturalmente sappiamo che possono verificarsi attacchi al 51%, ma il livello di centralizzazione/coordinamento e incentivi semplicemente non esiste tra la comunità mineraria cinese per i top criptos“.

„Per quanto riguarda lo scarico delle monete coniate, ecc. È possibile che i minatori cinesi siano influenzati da fattori esterni che li porterebbero a gestire le monete coniate in modo diverso. Questo è da aspettarsi in diverse aree geografiche“, ha aggiunto.

Alla domanda sugli obiettivi di prezzo, McGrath si è rifiutato di fare telefonate a sorpresa

Tuttavia, ha fatto un po‘ di luce sulla filosofia di investimento di Sino.

„Scegli progetti e team in cui si condivide una visione e si è convinti. Investite a lungo termine e non fatevi prendere dalle fluttuazioni quotidiane del mercato“, ha detto. „Investiamo in team e progetti in cui condividiamo una visione e siamo convinti. Se riusciamo a trovare, sostenere e incubare questi progetti – abbiamo fatto il nostro lavoro“.

Mentre i prezzi dei criptoasset riprendono la loro tendenza al rialzo e noi continuiamo ad entrare in un nuovo mercato toro, forse la saggezza di McGrath merita di essere presa in considerazione.

Crypto Weekly # 124 – Cryptocurrency news of the week

News regarding Bitcoin and cryptocurrencies is in constant turmoil. It can happen that important information gets lost in the daily news flow and you miss important points.

This format is there to remedy that. We come back to the news of the past week in the Crypto Weekly to keep you informed on the current situation of cryptocurrencies.

For this week’s must-see, we’ll come back to Slashing , the bad validator penalty mechanism on Ethereum 2.0 .

Ethereum 2.0 et Proof of Stake

We were talking about it recently, Ethereum 2.0 is an update split into 3 phases. The first, called phase 0, will allow the launch of the beacon chain.

Bitcoin marks the transition from a consensus model based on Proof of Work, to a model called Proof of Stake.

The Proof of Stake is intended to consume less energy. Thus in this system, validators must sequester a defined amount of cryptocurrency to be able to participate in the process. This sum placed in escrow serves as proof of stake. It allows to prove the benevolence of a validator.

In the case of Ethereum, a validator must escrow at least 32 ETH to participate in block validation.

However, escrow is not sufficient to ensure the honesty of a validator and does not ensure network performance. This is why Bitcoin Revolution has introduced penalties as well as slashing to penalize malicious validators .

Penalties and slashing

A validator may be subject to penalties if he fails to fulfill his role as validator. Thus, penalties only affect minor errors and which impact is not critical for the network.

Ethereum 2.0’s consensus system follows a series of rules. Slashing aims to punish validators who do not respect these rules. These breaches are considered more serious and therefore more heavily penalized.

Do not hesitate to consult the entire article for more details on the so-called penalties: Slashing: the risks behind staking on Ethereum 2.0 .

Black Friday: 88% off the PureVPN offer, it’s now!

Internet and personal data: this is a central subject, which PureVPN, one of the undisputed leaders of the eponymous industry, has seized upon. For all cryptocurrency enthusiasts, the principle of anonymity is a fundamental notion, whether it boils down to the monetary aspect or the freedom of individuals on the web. Today, it is an insane offer that is offered to you by our partner of the moment.

This promotional item is brought to you in collaboration with Bitcoin Code.

PureVPN, between anonymity and quality of service

It is very easy for a malicious actor to follow an individual on the Internet . Its multiple movements leave an indelible mark thanks to the potential tracing of its IP address. This threat can be avoided today, thanks to VPN software, which also has many other advantages.

In the VPN industry, one player stands out for his seriousness . This is PureVPN, a benchmark in this growing ecosystem.

Based on a high performance network , PureVPN offers a rotation ranging from 2000 to 6500 physical servers located in more than 140 countries. Having been voted the best software in the sector 4 times , the company is regularly audited by the big 4, KPMG in the lead.

The multitude of servers offered by PureVPN provides access to a 10 Gigabit VPN network , guaranteeing maximum throughput and a disproportionate number of servers to ensure the fluidity of your connections.

Another major advantage, the subscription to PureVPN services, for example, allows access to international libraries of companies offering localized offers. You will therefore be able to access the US version of the Netflix site .

For the smartest among you, you may even take advantage of services at prices much more attractive than normal, by connecting through servers located in countries with less purchasing power. Plane tickets at discount prices , video games at discounts, a rain of new opportunities is offered to you .

PureVPN cuts prices by 88%

On the occasion of Black Friday, the PureVPN site is carrying out an exceptional promotion , in the form of an immediate 88% reduction on the price of its offer.

This gift is part of a subscription to its subscription formula over five years , lowering its price to € 1.18 excl.tax per month instead of € 9.60. The total amount to pay is therefore € 71 instead of the usual € 576.

This offer is accompanied by the implementation of new functionalities and a new design for its application. The latter is available without distinction on Windows and Mac as well as on the Android and iOS mobile versions .

It is possible to follow the brand’s news live on social networks, thanks to the hashtags #AllNewPureVPN in English and #ToutNouveauPureVPN in French.

Los mineros del etéreo venden

Los mineros del etéreo están reteniendo menos etéreo que en cualquier otro momento desde diciembre de 2018, según datos de Santiment, una empresa de análisis de cadenas de bloques.

Unos 100.000 eth han sido vendidos desde el mes pasado

Unos 100.000 eth han sido vendidos desde el mes pasado por los mineros, elevando sus posesiones a 1.037.990. Eso es menos que en cualquier momento en dos años, con los mineros acumulando desde enero de 2018 cuando el precio estaba cayendo hasta febrero de 2019.

En ese momento, sus posesiones no aumentan ni disminuyen, lo que sugiere que estaban vendiendo sus recompensas mineras.

Este mes, sin embargo, también han vendido parte de su participación, lo que podría explicar, al menos en parte, el mediocre rendimiento de Eth frente a Bitcoin Trader. Curiosamente en 2017 también se han revendido y en algún momento han vendido sus propiedades, mientras que en 2016 se han acumulado.

Los pequeños y grandes mineros parecen haber actuado de manera similar hasta el año pasado cuando, presumiblemente debido a la presión de los precios, los pequeños mineros simplemente no pudieron resistir más.

Sus recompensas diarias no eran suficientes para cubrir los costos

Sus recompensas diarias no eran suficientes para cubrir los costos, por lo que también se volcaron a la venta de sus propiedades, algo que continuaron este año hasta el punto en que ahora efectivamente no tienen propiedades.

Los grandes mineros también han visto una fuerte caída recientemente, como se puede ver arriba, sin que esté claro si harán una venta en 2017 o aguantarán. En 2017, el precio subió y considerablemente incluso cuando los mineros estaban vendiendo algunas de sus propiedades como se puede ver arriba.

Por lo tanto, no está claro si un giro hacia la venta de algunas de las propiedades de los mineros tendría un efecto significativo en el precio, ya que puede ser anulado por las sumas bloqueadas en defi o en staking.

A mineradora canadense Bitfarms libera prejuízo no terceiro trimestre apesar do alto preço do Bitcoin

Os números do terceiro trimestre de 2020 da Bitfarms mostram perdas trimestre a trimestre e ano a ano.

O CAPEX e o evento de redução pela metade do Bitcoin tiveram efeitos negativos em sua lucratividade.

O trimestre terminou em 30 de setembro, pouco antes do aumento dramático do BTC

Quer saber mais? Junte-se ao nosso Grupo Telegram e obtenha sinais de negociação, um curso de negociação gratuito e comunicação diária com fãs de criptografia!

The Trust Project é um consórcio internacional de organizações de notícias que criam padrões de transparência.

A mineradora canadense Bitfarms divulgou os resultados financeiros do terceiro trimestre em 26 de novembro, mostrando prejuízo no período. EBIDTA foi uma perda de $ 0,3 milhão para o trimestre encerrado em 30 de setembro de 2020.

O lucro bruto e a margem da Bitfarms ficaram negativos em uma base ano a ano para o trimestre. No entanto, alguns resultados de nove meses ainda conseguiram melhorar em relação ao ano anterior.

A receita do terceiro trimestre de 2020 caiu 30% com relação ao ano anterior, de US $ 9,7 milhões para quase US $ 6,8 milhões. Em comparação com o segundo trimestre de 2020 , a receita caiu 7,7%. A margem bruta de mineração despencou com relação ao ano anterior no trimestre, de 67% para 26%.

Os números da margem bruta de mineração da empresa em nove meses foram um pouco melhores, com a margem caindo de 62% para 38%.

Porquês e Máquinas

A piora dos números, afirma a Bitfarms, foi em grande parte devido ao evento Bitcoin que reduziu pela metade em 11 de maio de 2020. Enquanto isso, o CAPEX cresceu como resultado de uma grande atualização que também foi projetada para cortar despesas operacionais.

Entre outras medidas, a Bitfarms está atualizando seu complemento de máquina de mineração em seus cinco locais de mineração em Quebec. Em um comunicado à imprensa em outubro , a empresa anunciou que havia concluído acordos de arrendamento de novas máquinas de mineração que seriam instaladas até o final de novembro.

Além disso, o comunicado trouxe insights sobre o funcionamento da empresa. A capacidade de hash cresceu 55%, ou 431 pentahashes (PH) ao longo dos nove meses de 2020.

Bitcoin price reaches $ 15,000: daily growth of over 9 percent

The Bitcoin Profit rose to as much as $ 15,300. The rise is reminiscent of the 2017 bull run.

Bitcoin ( BTC ) hit $ 15,000 on November 5. The excitement about the US elections remains.

Data from Cointelegraph Markets and TradingView showed that the BTC / USD pair repeatedly crossed the $ 15,000 mark throughout the day, eventually peaking at a high of $ 15,200.

BTC price climbs $ 1,000 in one day

This move was the result of a hectic day for Bitcoin. Just 24 hours ago, it was less than $ 14,000. The last time the BTC / USD pair hit $ 15,000 was in early January 2018.

In response, many well-known Bitcoin celebrities declared that it was high time for the largest cryptocurrency to make a decisive move. The macro investor Dan Tapeiro particularly praised the course models of the analyst PlanB.

„Now is the so-called ‚moment of knowledge‘ for #Bitcoin,“ he tweeted

„Let’s give PlanB some credit here. I like this model, which forecast the top at the end of 2017 and, above all, the bottom at the beginning of 2019. We are now at the so-called ideal point of the Hodler. You get paid for sitting around.“

As Cointelegraph reported , some people expected that $ 15,000 would be a major drag, temporarily wiping out Bitcoin’s daily gains of over $ 1,000.

Others argued that, technically, there was very little standing in the way of a new all-time high after Bitcoin broke the resistance at $ 14,000 and then at $ 14,500.

„I’ve seen it before,“ said PlanB , referring to the bull runs in 2013 and 2017.

Santiment has announced a new feature that says when it might be better to buy or sell bitcoins.

This is the so-called MVRV model, which automatically measures how close an asset is likely to be to a „danger zone“ (i.e. a possible point of sale) or an „opportunity zone“ (possible point of purchase).

The model is relatively complex, and not easy to understand for those who do not trade, but the result is a fairly simple chart where a red area is highlighted when the price is in a danger zone, or a green area when it is in an opportunity zone.

According to Santiment’s statement, this model reveals the state of mind about a given asset at a specific time, and mathematically measures the probability of future price movement.
Buy or sell Bitcoin: red and green zones

The so-called „danger zone“ occurs when the average yields of traders become too high and too fast, indicating that the asset is becoming overvalued.

The concept of „zone of opportunity“ instead is what lies at the opposite end of the danger zone within this model.

This technique can be applied to the price of any asset of which you have the necessary data to make these calculations, and in particular it can be applied to cryptocurrency.

The graph also shows two dotted lines, a green one representing the opportunity zone, and a red one representing the danger zone: the more the maximum level of the green area approaches or exceeds the green dotted line the more there should be good opportunities to buy, while on the contrary the more the minimum level of the red area approaches or exceeds the red dotted line the more there should be opportunities to sell.

For example, according to yesterday’s data, Maker (MKR) and Chainlink (LINK) are now fully in the danger zone, probably due to the incredible yields generated lately.

Instead BTC and ETH would be slightly in the green zone, but not yet above the dotted line.

This model will be further optimized and innovated in the future, for example by introducing historical MVRV thresholds, and it is actually only one of many metrics that Santiment uses. In addition, it is only available to users of the PRO version.

It should be noted, however, that this metric alone does not give any indication that you can earn money by buying in an area of opportunity and selling in a danger zone, but should only be taken as an indication of the probability that this may happen.