FlowBank

1141 days ago

Cardano price to hit $2 before the next meaningful correction

According to Forex Crunch, Cardano price is on track to hit $2. The bullish trend is supported by the launch of two new projects, Daedulus and Project Catalyst, which will improve the network's utility. 

Cardano price to hit $2 before the next meaningful correction

1142 days ago

China cashless economy continues to ramp up

Chinese adoption rates of digital payment systems are far larger than those seen in other countries. This is the foundation for a Chinese digital currency, a currency backed by governments. Source: FT

1142 days ago

MicroStrategy to increase BTC holding by $600M

At the current price of about $49,000, MicroStrategy can buy about 12,250 coins for its $600 million. Add that to the nearly 71,000 coins it said it owned as of Feb. 8 and it has more than 83,250. With about 7.6 million shares outstanding, each share would be entitled to 0.011 Bitcoin. MicroStrategy trades for $955 a share, up from $135 on Aug. 11, when it announced its first foray into crypto. Crudely attributing the $820 difference to its new Bitcoin business would mean an investor who bought today would pay about $75,019 per Bitcoin. Source: Bloomberg

1142 days ago

BTC vs. Gold vs. Dollar: which performed better?

Looking at the tables below, it is clear that Bitcoin has offered the best return over time, although it might be victim of important price decrease over shorter periods of time. But in the long run, it beats gold and dollar. 

#Forex #Commodities
BTC vs. Gold vs. Dollar: which performed better?

1142 days ago

Gold / Bitcoin ratio plummets to fresh record low

BTC spiked over $50k and gold broke below $1800 per oz - gold a victim of bitcoin mainstream adoption? 

#Commodities
Gold / Bitcoin ratio plummets to fresh record low
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