Michael Thomale - Blockchain News

  Just last month, July 28, 2020, the Bitcoin price broke the $ 11,000 mark again. This rally was triggered by strong technical indicators and numerous bullish news. If the high in June 2019 at around USD 13,800 will be broken too, Bitcoin could soon head back to the all-time high of USD 20,000. In this article, we will go into more detail about the reasons for the rapid rise in the price of Bitcoin in July/August 2020. In the past few months, the Bitcoin course has struggled to break the $ 10,000 mark more often. On Monday, July 27th, 2020 it was finally time again and the Bitcoin price rose in the range between USD 10,000 - USD 10,500. In the evening there was the long-awaited breakout above $ 11,000, with a daily high of $ 11,422. Source:  https://coinmarketcap.com/currencies/bitcoin/ The last time the Bitcoin price reached this level was in August last year. What are the reasons behind the sudden surge in Bitcoin price above $ 11,000? 1. Technical bullish indicators Many o...

Hello dear readers, Security Token Offerings (STOs) are becoming ever more popular, offering investors good investment opportunities, as well as a new way of financing businesses for start-ups and existing businesses. Today I would like to share with you a new article from BTC-Echo on the subject of corporate financing through STOs. Here you can find the original article in German: https://www.btc-echo.de/stos-der-digitale-boersengang-fuer-den-mittelstand/ Picture Source Shutterstock and BTC-Echo "Security Token Offerings (STOs) have received a lot of attention in recent months. The reason for this is the incredible potential that STOs have in the area of ​​corporate finance. In this guest contribution we explain how both GmbHs, which play an important role in the middle class, as well as private investors can benefit from security tokens. The shift from classic corporate finance through stock issuance to STOs that issue digital coins br...

Hello dear readers, it can be seen again and again that, the bulk of investors buy when prices are reaching new heights and are critical when prices are low, especially in the cryptocurrency market. But for the maximum profit, it is necessary to act the other way around... Today I would like to share a new article by BTC-Echo with you on this topic. Here you can find the original article in German:  https://www.btc-echo.de/crypto-future-praesentiert-rotharium-food-tracing/ Picture Source Shutterstock and BTC-Echo If the Bicoin price rises, investors buy. As with traditional stock exchanges, most retail investors buy at the wrong time. An old bulrush says: "Buy when the market is down!". So it seems to be synonymous with cryptocurrencies. Linking the Google Trends search phrase "buy Bitcoin" or "buy bitcoin" with the Bitcoin price, you will find an abnormality. The input of these search terms increases only when the price ...

Hello dear readers, the island state of Malta is developing more and more to the so-called "Blockchain Island", where more and more blockchain companies settle. In the field of education, Malta is making fast progress too and I would like to share this topic with you today. Here you can find the original article in German: https://www.btc-echo.de/malta-blockchain-zertifikate-fuer-alle-akademischen-einrichtungen/ Picture Source Shutterstock and  BTC-Echo Translation: Malta is pushing its way to the top in the blockchain sector. Now the island will be the first country to save the academic certificates of all Maltese students and graduates on a blockchain. Other areas will also benefit from the use of blockchain technology. As early as October 2017, Prime Minister Joseph Muscat announced that he wanted to make academic certificates unfeasible by using blockchain technology. In this context, the open-source standard Blockcerts has already b...

Hello dear readers, Smart contracts are becoming more and more popular in the blockchain market and the social trading platform eToro, also wants to get involved in this area. The company recently bought a Danish blockchain company. In this post I would like to share and translate an article with more information about this topic. Here you can find the original article in German: https://www.btc-echo.de/etoro-kauft-daenische-blockchain-firma-zur-tokenisierung-von-assets/ Picture Source Shutterstock and  BTC-Echo The investment and self-reported world-leading social trading platform eToro recently added the Danish blockchain start-up Firmo. Firmo specializes in creating smart contracts for financial derivatives.  With this acquisition, eToro wants to promote the tokenization of assets. The eToro investment platform recently acquired Firmo, a Danish blockchain start-up. The company announced on March 25 in a press release. Here, Yoni Assi...

Hello dear readers, even the blockchain of the first and oldest cryptocurrency Bitcoin is far from perfect and work continues on improving the technology. Now a new suggestion has been made to further develop the Bitcoin Blockchain named "Lightning Loop Alpha" as an enhancement to the Lightning network again. In this post I would like to share a translation of an article with more information about this topic. Here you can find the original article in German:  https://www.btc-echo.de/lightning-loop-alpha-ohne-verstopfte-kanaele-blitzschnell-bitcoin-versenden/ Picture Source Shutterstock and  BTC-Echo "The Bitcoin Lightning Network serves to relieve the blockchain. It provides the ability to perform microtransactions, significantly accelerating the speed of transactions. To further improve, Lightning Loop has now been launched. Lightning Loop is designed to simplify the process of receiving Lightning transactions and make them more cost and ti...

At least 24 tobacco shops have started selling Bitcoin coupons in the French capital, Paris. The branches, commonly known as "tabacs," received regulatory approval for the sale of cryptocurrencies late last year. It is expected that more than 6,500 tobacco products - equivalent to a quarter of registered tobacco shops in France - will be offering BTC coupons from February. Currently, BTC can be purchased in three amounts of 50 euros, 100 euros and 250 euros. In return for the euros, the user receives a ticket containing an alphanumeric code and a QR code. Buyers must visit the Keplerk website to convert their vouchers into the cryptocurrencies of Bitcoin or Ethereum then. Keplerk charges a commission of 7 percent on every ticket sold and gives the tobacco merchant 1.25%. Greetings and hear you in my next article. Michael Thomale 

Hello dear readers, even though we are still in a bear market, the cryptocurrency and blockchain market is evolving steadily. Almost every day there are good news about positive developments in the market and today I would like to share an interesting article with you about the booming market with the crypto-lending business. The original article in German can be found here:  https://www.btc-echo.de/das-krypto-kreditgeschaeft-boomt-trotz-anhaltendem-baerenmarkt/ Picture Source Shutterstock and BTC-Echo Translation of the German article:  "Until the very end, blockchain start-ups are under the crossfire of the stagnant Bitcoin rate and are in the red. Turnover forecasts are being scaled back and employees are threatened with dismissal, most recently by Steemit and the mining giant Bitmain. While former hopefuls want to regain their position in the market by changing their strategy, a market niche shines especially in spite of falling prices. Lending...

Hello dear readers, today I would like to share a few of my thoughts, why I am firmly convinced that the right time to get started in the crypto market is now: Short-term slumps on the cryptographic markets, as we currently see them, do not offend the foundations of Yale Harvard. Because they think long term. On the contrary, the upswing that follows now becomes even stronger. I am sure that Bitcoin, Litecoin, Ethereum and other cryptocurrencies will surpass your previous gains by far soon. Even the highs of December 2017 could be history soon! ️ Instead, I see excellent opportunities for a new start in the current courses. But what makes me so sure in terms of profit potential ❓ The reason for this is a very specific announcement, which will drive the prices of certain crypto currencies in the coming weeks strong. Because … ... the first physically covered crypto fund is about to start! ️ But what does that mean in concrete terms❓ The i...

Hello dear readers, Of course, many of you have heard of the so-called "Lightning Network", but some can not really begin with the term ... What is the Lightning network exactly and what should it bring? On this subject, I'd like to share a very informative article with you today, which also includes some related links to videos about the Lightning Network, good articles, and the Lightning Network white paper. The complete article in German with the links can be found here: https://coinspondent.de/das-lightning-netzwerk-verstehen-links-medien/ Here you can also watch a presentation about scaling Bitcoin with the lightning network in English: Bildquelle Here is an excerpt of the German article, translated to English: What is the Lightning network? The Lightning network is a Layer 2 scaling solution for Bitcoin and the blockchain. Its purpose is to enable fast, cost-effective off-chain bitcoin transactions while scaling...

Hello dear blog readers, the CEO of a global consulting firm deVere Group said the cryptocurrency market will grow > 5,000 percent over the next decade. At the same time, the market dominance of Bitcoin will continue to decline over the same period, according to Nigel Green. In this post I want to share more information about this statement with you and here you can find the source in German:  https://coincierge.de/2018/kryptowaehrungen-werden-in-den-naechsten-10-jahren-um-5-000-steigen/ The competition will weaken Bitcoin's market dominance The first decade of Bitcoin is slowly coming to an end, in January the Bitcoin network has existed for ten years and so far unimaginable has been achieved. What will happen in the next ten years? This question was also asked by Nigel Green, CEO of the Vere Group, which is still bullish on bitcoin. He is optimistic about the future. According to International Investment, the CEO claimed that the total market capitalization of a...

Hello dear blog readers, In this article I would like to give you a short explanation about Bitcoin, for all of you who have just heard the name before, but have not really dealt with the topic yet. Bitcoin is a decentralized, digital currency that only exists in digital form. So there are no paper notes as with traditional currencies that are issued by states. This results in some advantages such as these can be easily, quickly and cheaply shipped worldwide, for example. There is thus no central entity such as e.g. a central bank that has the right to draw money or bitcoins. In the Bitcoin network, this task is carried out by the miners, who can mine a maximum of 21 million bitcoins. Bitcoin is therefore a limited means of payment and can not be inflated. Nevertheless, bitcoins are extremely fungible, as they divide into 100 million units (Satoshis). This results in a total of 2.1 quadrillion Bitcoin units (Satoshis). Currently, almost 17.3 million Bitcoins are al...

Welcome to my new Google Blog! My name is Michael Thomale and in this first article I would like to introduce myself. I´m an independent entrepreneur in the financial sector since 1990 and I´ve played a key role in the first IPO of a financial company in the Old Economy at the age of less than 30. I´m experienced in the M & A (Mergers & Acquisitions) business and especially in sales, which I started at that time. Over the years, I have advised many companies in the old economy on the step to the stock exchange and am active in the business areas consulting, training, shareholding and corporate management & structuring, with a specialization in ICO's and IPO's. I have already established companies in Asia, North America, and Europe, creating an international network from Asia to Europe. Over the past few years, I am busy with the topics blockchain technology and cryptocurrency market. This made me a crypto-currency enthusiast and I rec...