FlowBank

994 days ago

Tesla and Nasdaq 100 no longer correlated?

Bitcoin may be at the heart of the fall (0.83 to 0.14) of Tesla and Nasdaq's correlation that has been going for 20 days. Indeed, Tesla being exposed to Bitcoin, its volatility impacted Tesla's earnings while Nasdaq 100 rose. Source: Bloomberg

994 days ago

Is Tether following Bitcoin's steps?

Tether, the world's largest "stablecoin" has minted 40bn new coins in the first semester of 2021 and has tokens worth $60bn. Over the years, the currency has become the reserve currency of the global crypto economy. However, the recent critics about its reserves may be a threat to financial stability which can harm its rise towards reaching Bitcoin's level. Source: Financial Times 

995 days ago

Australians will soon be able to spend crypto with a debit card

Visa, the global payment giant, has allowed CryptoSpend to begin issuing debit cards for the startup's users giving them a flexible way of spending their crypto. The card will allow them to pay for their morning coffee or even for their bills.

996 days ago

Bitcoin fell while waiting for the U.S. inflation report

Most digital assets dropped on Monday as traders awaited the release of the June consumer price index report. Bitcoin fell 3.23% and Ethereum 5.4%. Bitcoin, however, stays in a range price of $32,000 to $35,000.

997 days ago

Ghana's Central Bank is looking to pilot its digital currency

In two month's time, The Bank of Ghana might launch its central bank digital currency. The bank's goal is to stay up to date with today's needs of digital payment and digital delivery of financial services. 

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