FlowBank
en

1093 days ago

Litecoin to return from the dead? Relative strength to Bitcoin shows big promise

Bullish technicals on the LTCBTC trading pair are indicating a massive move against Bitcoin.

If a full turnaround starts now, a perfected TD 13 countdown marked the bottom with incredible precision. Supporting a major reversal on the altcoin ratio against Bitcoin, the monthly Stochastic indicator has crossed upward after spending two years in the bottom range. Coinciding with the crossover, the monthly Relative Strength Index has fallen back to touch a support level that wasn’t tapped since 2015.

Turning upward the last time in early 2017, took Litecoin to its current all-time high. After holding onto the top ten like a champ, it could finally be time for digital silver to shine.

Litecoin to return from the dead? Relative strength to Bitcoin shows big promise

1094 days ago

Baseball cards company Topps to go public via SPAC

Topps is a very popular baseball cards company in the US, which will go public in a deal valued at $1.3 billion. They will be acquired by Mudrick Capital Acquisition Corporation II. The company's net sales rose by 23% in 2020, a record high. But the most interesting part of their business might be that they expanded their services to NFTs (here is what NFTs are). Former Disney CEO Michael Eisner will stay on Topps’ chairman.

Baseball cards company Topps to go public via SPAC

1094 days ago

Crypto is now worth as much as the US banking system

A milestone was reached recently. The total market capitalization of all crypto surpassed the value of the entire US banking system. This helps us seeing the growth of the DeFi system, which might slowly erode the CeFi system in use today. 

Crypto is now worth as much as the US banking system

1099 days ago

Will Ether break February $1,958+ record?

Ether is on a break today taking 3%+ as we speak breaking away from a March 25th $1,562 price.

1100 days ago

UK tax authority updated its crypto tax advice to include staking taxes

If there were taxes on mining already, staking was left aside, until now. Mining is the process of cracking new codes for the blockchain, creating new coins, whereas staking is the process of locking in crypto assets to validate transactions, which is called a Proof-of-Stake. Investors who give their currency for blocking are rewarded with coins as well. This gain is the new one that will be taxed. 

UK tax authority updated its crypto tax advice to include staking taxes
More live news
bg_newsletter

Client Positioning


CFDs are complex instruments and are not suitable for everyone as they can rapidly trigger losses that exceed your deposits. You should consider whether you understand how CFDs work. Please see our Risk Disclosure Notice so you can fully understand the risks involved and whether you can afford to take the risk.


This website is owned and operated by FlowBank S.A, a company regulated by the Swiss Financial Market Supervisory Authority (FINMA) and a member of esisuisse. The list of banks and securities firms authorized by FINMA can be accessed here. Depositor protection in Switzerland is provided by esissuisse for a maximum of CHF 100,000.- per client. Details concerning this protection system are explained at www.esisuisse.ch/en

FlowBank is affiliated with the Swiss Banking Ombudsman. Therefore, if you wish to initiate a mediation procedure with the Swiss Banking Ombudsman after your complaint to FlowBank, please contact the Ombudsman according to the instructions provided on its website: https://bankingombudsman.ch/en/

 

The information on this site is not directed at residents of the United States, Belgium, Canada, or any person in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.

 

Trading Forex and other leveraged products carries high risks and may not be apt for everyone. Before you consider trading these instruments please assess your experience, goals, and financial situation. You could lose your initial investment, so don't use funds you can't afford to lose or that are essential for personal or family needs. You can consult a licensed financial advisor and ensure you have the risk tolerance and experience.


Apple, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

FlowBank S.A, Esplanade de Pont-Rouge 9, 1211 Geneva 26, Switzerland
FlowBank S.A, Seidengasse 20, 8001 Zurich, Switzerland